Bitcoin (BTC) has seen a strong rally in the past 24 hours, reaching a new all-time high of **$28,456.00** per coin¹. The leading cryptocurrency has increased by **5.28%** in the past day and by **7.0%** in the past week, outperforming most of its peers². Bitcoin has also reclaimed its **50% market dominance** for the first time since 2021, indicating its strength...
Hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin rose to a two-week high on Tuesday, as bullish sentiment made a gradual return to the marketplace. Following a low of 26,338.54 to start the week, BTC/USD rose to an intraday high of 27,147.47 on Tuesday. bitcoin rose to its strongest point since June 7, when it peaked at 27,402. ...
Seems Like Getting ready for massive bullish rally forming descending channel in h8 tf incase of breakout expecting move towards 15$
The correction period was confirmed early May when Bitcoin moved and closed daily below EMA50. Today, after 1.5 months trading below this level, Bitcoin is back in the bullish zone. Bitcoin actually moved below EMA300 July 14 just to quickly recover the next day. Today, Bitcoin is trading back above EMA10, EMA50, EMA100, EMA300, MA200 and the rest. The RSI...
Bitcoin has been falling over the last few days, even more so with the SEC news accusing cryptocurrency exchanges BinanceUS and Coinbase. Looking at the chart we are inside a falling wedge pattern that usually breaks upwards, we also have strong support in the 25k region which coincides with 0.382 of fibo. Comparing the market in general, such as SPX500, Nasdaq,...
Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (BTCUSDT chart) It is rising above the important point of 27496.02. I have previously said that in order to get out of the downtrend channel in the long term, the price needs to stay above...
There´s a possibility of getting out of this SEC news FUD mess if we confirm the falling wedge and get breakout of it. Just recently, on the daily chart BTC printed a triple bottom which is quite a bullish pattern showing some buying interest in this area. If we go below 24/25k we are surely still in a bearmarket. If we break out of this falling wedge prepare...
I mentioned before, that a break is coming for this regression channel, and the falling wedge. I would like YOU to tell me what do YOU think? Is this the breakout or it is a fakeout? *I will probably get back to you on the comments, If I feel I have to give my two cents.
Exactly as the last time, im going to refill at the fibo retracement lines (already did for the 0.786) - watch out for the weekly 200MA at ~25800 - watch out for the daily 200MA at 0.382 fibo ~21400, note that the last time, BTC went up from those numbers (10th March) - IMO we're not gonna see 31K again before crossing this upper channel line, the purple area Cheers
I've plotted the BTC and ETH dominance on the chart. This chart gives us a very clear view on the amount of money in the crypto big-caps. In other words, the amount of money flowing towards the two safest bets within the crypto world. At the moment of writing, BTC and ETH have a combined total of ~70% of the total marketcap, so for 70 cents of every dollar...
BYBIT:BTCUSDT.P WE ARE BACK! with yet another but positive BTC analysis. So yes, that 200EMA and that level of support that we were at was a genuine bottom and we have bounced back for an exciting bullish run (remember everything is uncertain, but there's no problem in pushing your perception with confidence). I think we see a sell off around the 35,000 mark...
Bitcoin has succeeded thus far at forming newfound support at $24.5k, producing a deviation beneath the 200 week MA. We are also seeing a breakout of a recently important downward sloping resistance. Would. like to see daily candle closes above resistance to confirm breakout
ARB has been trading bearish for the better part of three months now. During this period, a falling wedge pattern has emerged on the chart; lower-lows and lower-highs. In my view, it's likely that ARB will continue to trade within this pattern for the foreseeable future. Keep in mind that we've got a FOMC interest meeting tonight which could cause some strong...
CFX has been one of the bigger winners of 2023. However, this token has been largely trading bearish ever since it topped late March. As of recently, CFX has hit daily oversold on the RSI for the first time in many months, likely causing some kind of reversal. Now that BTC is breaking out, I'm anticipating that CFX will see more gains in the near future. Target...
In the above chart, I have shown the Converging Diagonals which started in mid of April and are the start of a bigger downward move. Wave 2 of this diagonal consisted of Triangular Waves while Wave 4 consisted of Zig-Zag . The last Wave 5 of this downward move is a bit complex amid the yesterday's FOMC and CPI the day before yesterday. It turned into...
The price broke the daily resistance and moved up to weekly and daily resistance confluence. It is currently trading in that zone and facing this resistance. This resistance is a bit tough one as this level has been historically resisted or held the price on several occasions. The probability says, the price shall experience a pull back here.
BUT looking at the chart everyone else focuses on ANYTHING below the RED line will BOOST your #FINANCIAL well being
I currently see that the indicators mark the possible beginning of an upward trend. sales to the south further than to the north, and strong potential buying walls. I'm in long