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BTC/USDT HOURLY UPDATE BY CRYPTOSANDERSHello and welcome to this BTC /USDT chart update by Crypto Sanders. I have tried to bring the best possible result in this chart. Chart Analysis:-Bitcoin is forming a broad uptrend channel. The boom can be seen from here. A break below $22,500 will invalidate the pattern and we could see a dump toward the $21,000-$21,200 support area. This is not a piece of financial advice. Hit the like button if you like it and share your chart in the comment section. Thank you
by CryptoSanders9563
BTC/USDT WEEKLY UPDATE BY CRYPTOSANDERSHello, welcome to this BITCOIN WEEKLY update by CRYPTO SANDERS. CHART ANALYSIS:-The bitcoin weekly candle closed above descending trendline resistance. Bulls reclaimed 2017 bull run highs after bouncing off historic trendline support, demonstrating bull strength. BTC was rejected from the horizontal resistance and is now above the $22.6K support. BTC hunted for downside liquidity and retested the descending channel. A significant bullish rally will be confirmed by an effective retest of the descending channel and a solid breakout of $25,500. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
4
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS. CHART ANALYSIS:-Bitcoin ( BTC ) remained near a five-month high on Monday, following a strong rally towards $24,000 over the weekend. Following a high of $23,919.89 on Sunday, BTC/USD fell to a low of $23,166.83 to start the week. Sunday’s surge saw BTC bulls push prices to their strongest point since August 26, however, these same traders have already begun to retreat. Looking at the chart, the decline commenced following a failed breakout of a ceiling at 85.00 on the 14-day relative strength index (RSI). As of writing, the index is now tracking at 72.19, with a floor at 65.00 the only current visible target for bears. Should this zone be hit, it is highly likely that BTC will be trading close to a support point at $22,500. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:BTCUSD
by CryptoSanders9563
BTCPERP NEAR FUTURE ANALYSIS (4H Chart)Technical Analysis Summary BTC/USDT TREND ANALYSIS We have 1 Downtrend in red color (Short Term). Be careful trends need to be modified when broken to the new peaks (Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of strength of levels (ONLY FOR VISUALS). White levels Levels are very tight stop losses that could be used in high leverage future trading. Good luck everyone, stay safe! If you need help ​don't hesitate to send me a message or comment If you find this content beneficial please don't forget to LIKE and FOLLOW Trading Involves High Risk Not Financial Advice Exercise Proper Risk Management
BINANCE:BTCUSD.P
by husseindergham
BTC/USDT 1HOUR UPDATE !!Hello and welcome to this BTC /USDT chart update by Crypto Sanders. I have tried to bring the best possible result in this chart. Chart Analysis:-BTC is moving bullish in a rectangular channel. It attempted to breakout but could not close the candle above it. It now maintains itself above its horizontal support. Further consolidation can be expected inside the rectangular channel. A successful breakout of the rectangular channel will confirm a bullish move in the market, while a solid breakdown will confirm a descending push toward the horizontal support at $21,350 from where we can expect the market to bounce higher. This is not a piece of financial advice. Hit the like button if you like it and share your chart in the comment section. Thank you
Long
by CryptoSanders9563
BTC/USDTHead And Shoulders Chart Pattern The Head and Shoulders pattern is very easy to spot and can be a caution for traders especially when the pattern occurs at the top end of a rally or its bearish counterpart, the inverse head, and shoulders that occurs at the trough of a downtrend. In the chart above, you can see the basic structure and the setup of the head and shoulders pattern (bullish and bearish). The neckline support (or resistance) is the key as a breakout from this level indicates a shift in the trend. The most basic way to trade the head and shoulders pattern is to wait for the breakout from the neckline. Some traders prefer to wait for a retest back to the neckline while others simply buy or sell on the breakout. The target is set to a measured move, measured from the head (high or low) to the neckline (support or resistance) and projected from there on.
Short
by majidalisabir
2
BITCOIN/USD 1DAY UPDATE BY CRYPTO SANDERS !! Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS. CHART ANALYSIS:-Bitcoin ( BTC ) moved to a fresh five-month high earlier in the session, as markets reacted to Tesla’s latest quarterly earnings report. The report, which was released after yesterday’s closing bell, showed that the electric vehicle maker did not sell any of its bitcoin. Following the news, BTC/USD raced to a high of $23,722.10, hitting its strongest point since August 17 in the process. Looking at the chart, the move saw BTC once again break out of a ceiling at $23,500, and this comes after colliding with a floor at $22,500. Earlier gains have somewhat eased, with the 14-day relative strength index (RSI) back in overbought territory. As of writing, the index is tracking at 80.77, with a support point at 78.00 the next visible target. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:BTCUSD
by CryptoSanders9563
BTC/USDT 3DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS. CHART ANALYSIS:-BTC broke the $23.5K resistance in the recent move but could not close a candle above it. The previous lower higher horizontal resistance is near $25K. BTC is retesting the descending channel and Ichimoku cloud. A successful retest or a candle above the marked horizontal resistance would confirm the move toward $30K. This will also confirm the continuation of the market boom. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
2
BULLRUN WITH BTC?Hello! Bullshort is here! After a strong rally, sellers put strong pressure on the 22-23k level and held the price. Buyers failed to pass asks limits and the price went into lateral consolidation. The zones are all shown, I think there is no need to explain their meaning. It is important to note that the open interest of short positions is very low, which may be a reason for a correction to 21-19.5k. Market capitalization is kept at the level of +-1 trillion. and the market is waiting for something. I am waiting for a correction from the level of 24500-25000, this would be a healthy price adjustment. I do not rule out a fall from the current zones, because. pressure is observed on the 1h graph. It is also important to note that during the growth, a lot of btc was poured into altcoins… SUBSCRIBE TO THE CHANNEL!
Short
by Bull_Short_TG
BITCOIN DOMINANCE UPDATE BY CRYPTO.SANDERS !!Hello, welcome to this BITCOIN dominance update by CRYPTO SANDERS. CHART ANALYSIS:-BTC DOMINANCE A small update on BTC dominance that is pumping up BTC. usdt.d similarly dumping btc dominance which is forcing btc peers to dump older coins btc has created support by breaking the local resistance zone next target of btc dominance may go from 47% to 49% this strong resistance level btc is from here dominance job will be rejected in bottom trade so btc altcoin is going to give very good rally so we will do some update by entering btc pair coin and spot it. thanks for reading my update I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
CRYPTOCAP:BTC.D
by CryptoSanders9563
5
BTC/USDT 12Hr UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS. CHART ANALYSIS:-BTC is retesting over the descending channel. The current short-term resistance level is $23.5K. The bulls need to clear the $23.5K resistance for the continuation of the bullish momentum in the market. In case of a failed retest of the descending channel, $19K is a strong support level for bulls to make a higher low over that level. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
BTCUSDT Pumped - Time to look for reversal patternsAs the euphoria of a potential bull run coming in, we must continue to look out for any potential reversal patterns and play both sides of the coin - either Long or Short. With the recent pump from the lower trendline, we can see that an ascending wedge has formed with the Higher Highs (HH) and Higher Lows (HL) plotted on the chart. Both resistance and support trendlines are well respected. We are now currently touching the upper trendline and we expect through the weekend some volatility before touching the bottom trendline again. Breakout of the ascending wedge towards the bottom will definitely spark fear to the market and we will likely head to a newer low. A catalyst will be needed for this which is expected in the coming days/week. Note: This isnt a trade setup but more of a pattern sharing.
by wenxuan2