Btcshort
BTC/USDT 4HOUR UPDATEHello, welcome to this BTC update.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-. There is a symmetric triangle on the hourly chart and we will see a break in this pattern soon. If BTC breaks the triangle in an upward direction then we see a move toward the $20,000 level. If the price broke the triangle in a downward direction then we see a test of the major support area of $15,000-$15,500.
This is not a piece of financial advice.
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BTC/USDT 4HOUR UPDATEHello, welcome to this BTC/USDT 4Hr chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-BTC successfully bounced after taking some correction and hunting stops below the mid-range and this could be the completion of the corrective wave.
Currently, bulls are showing momentum and a move above the previous high of $17,424 with a retest above it, would be the indication of the continuation of bullish impulsive waves.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
BTC ANALYSIS#BTC UPDATE.
#BTC has bounced back from the lower band which is support for BTC on 4H TF and currently btc is trading on the daily resistance .On closing above the daily resistance the long might open but we will have to wait for the daily close.
BTC 1H GOOD Pump RDY ?Yes, we were waiting for this pump. The Bitcoin pump will take the price of Bitcoin to 18166 thousand dollars, dear friends, so please pay attention to this point. If you want to go long, now is the best opportunity and do your shorts in the designated target. Good luck, my friend. You are Manouchehr Azar from Iran
Today's tip in local time will be the meeting about the US inflation rate and unemployment, the result will be in favor of the financial markets and will pump Bitcoin.
Why I opened BTC short when price rejected at 17.4K. Hi everyone, in this analysis I will explain why I opened short position when BTC was rejected at 17.4K level which was upper band of rising wedge/diagonal resistance and 4h 200 EMA. Before that I noticed ABCD pattern which started forming at 15.5K swing low in 22 November/ A point/ and finished at 17256 in 01 December/ D point/. BTC rejected at the mentioned zone with liquidity hunt above D point then strong rejection with bearish engulfing candle=RSI bearish divergence + momentum losing+ rising wedge pattern breakdown. My first target will be at 0.618 fib level /16.5K/ which is horizontal+ diagonal support at the same time. If price can't hold 16.5K C point will be my 2d target for ABCD pattern and 100% projection of CD wave. I don't expect BTC to go lower. If you pay attention to the volume bars, there is no buying pressure. Let's see how BTC reacts at 16.5K support level. Don't forget to put always stop losses.
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Don't forget to check my other analyses bellow related ideas.
BTC ANALYSISBTC has not been able to close above the green box resistance which is the daily resistance and now it looks like that btc might test the yellow box support area as we have already seen so many rejections from the resistance.In case btc break below the rising wedge yellow box area would be the 1st support where btc might hold .Keep eyes as the btc move will be sharp and there could be flash crash as well.
This setup is a Buy Opportunity for BitcoinHello,
Dear valued traders & investors, this is my own setup and view regarding the next Bitcoin move in the coming months that i will follow.
I am short description analyst & trader, so ill not write much about it because the chart tells itself.
I am preparing to buy SPOT and go Long aswell on Futures as soon as it reach my potential bottom target of this move.
PS: Chart is on weekly timeframe , and you have to understand that this will take months.
Please manage with your trades, invest only if you know what you are doing as i am a Swing & Long Term trader!
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BTCThis is my primary count heading into 2023. Seems like unless we straight nuke to $9,200 then I'd expect this move to play out.
Much more painful on both sides. Finish around the 618% of the covid 2020 crash $11,500 but never reach $10K as many are waiting.
Then B wave up to $34k getting everyone tweeting WGMI and then B wave gets finished and Rug back to finally hit $10K making everyone think Crypto is dead again.
Finally completing this correction & the HTF Wave C and this bear Market.
After that 2024 1/2ing and run it back turbo $200K.
BTC ANALYSIS
#BTC UPDATE.
#BTC has been rejected again from the red box area which is the resistance on daily,until btc closes above this resistance we might see a pullback as this is the 7th rejection from the same leve
Unique Update Of BitcoinHello, welcome to this BTC /USD 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Bitcoin (BTC) was consolidating in today’s session, as prices retreated from Monday’s three-week high.
Following a peak of $17,371.00 to start the week, BTC/USD fell to an intraday low of $16,922.43 earlier in the day.
This decline comes as traders have seemingly moved to secure gains, following yesterday’s surge in price.
Looking at the chart, the drop took place as the 14-day relative strength index (RSI) was also unable to climb past a ceiling of its own.
As of writing, the index is tracking at the 48.14 level, which is marginally below a ceiling of 50.00.
Should a breakout occur, it is likely that BTC will move back toward the $17,400 point in the upcoming days.
CHART ANALYSIS:-Bitcoin ( BTC ) surged to a three-week high on Monday, as prices climbed for a second session.
Following a low of $16,940.90 on Sunday, BTC /USD moved to an intraday peak of $17,378.15 earlier in today’s session.
This high is the most vital point that bitcoin had hit since November 11, when the price was at a high of $17,645.
Looking at the chart, today’s surge comes as the 10-day (red) moving average extended its upwards cross of its 25-day (blue) counterpart.
In addition to this, the 14-day relative strength index ( RSI ) has also moved higher, and as of writing is tracking at 50. 40, above its ceiling of 50.00.
Should this upwards momentum continues, it is likely that BTC bulls will be targeting a ceiling of $17,700.
CHART ANALYSIS:-Bitcoin ( BTC ) was consolidating to start the weekend, following the U.S. nonfarm payrolls (NFP) report.
Figures yesterday showed that 263,000 jobs were added to the American economy, better than the 200,000 markets had expected.
This rise in jobs has left cryptocurrency markets unsure of what the Federal Reserve will do in its next policy meeting.
BTC /USD slipped to a low of $16,877.88 following the news, which is lower than Friday’s peak of $17,116.04.
The 14-day relative strength index ( RSI ) has also slipped, now tracking at 52.16, which is close to a floor of 52.00.
Despite this, the 10-day (red) moving average has now fully crossed over its 25-day (blue) counterpart, which appears to signal upcoming bullish momentum.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
BTC ANALYSIS#BTC UPDATE.
#BTC has been rejected yet another time from the same resistance on daily ad is now looking to test the previous support level on daily.