Hello, members welcome to BTC /USDT 4hr chart analysis by CRYPTOSANDERS. I have tried my best to bring the best possible outcome in this chart. Show some support, hit the like button follow me and comment in the comment section because this motivates me to bring this kind of chart analysis on regular basis. CHART ANALYSIS: As we can see from the...
Recently, all our price targets for BTCUSD have been reached. Because of that, we decided to update our thoughts on Bitcoin. We continue to maintain the bearish notion on BTCUSD. However, in the very short term, we think it is likely for BTC to stabilize around the current level before continuing lower. We believe the price might be setting itself for a short...
Friends who follow me know that I do not analyze much, but I want it to be the best and most accurate. Bitcoin has a very weak trend and on the other hand, until the end of the year, the bitcoin trend is declining so that the upward trend, so open more short trading. Bitcoin will see $ $ by the end of 2022 (19700). You may laugh, it is not possible, but you will...
Guys, I am happy that Bitcoin has been following perfect technical analysis thus far, but it also gives me some caution. Bitcoin loves to throw curve balls at us from time to time. So, here's what I am watching for this week in the crypto world. ⛓️ 🔗 Useful Links 🔗 ⛓️ (see below)
dont go crazy with this but btc looks more and more like traditional assets during a major markup phase only its accessible to anyone and easily tradable. MFI creeping towards 50 line 1/17/22 stopping volume vector candle. looking on the other side, the recent 69k ath could be the second level of rise instead of whats projected in which case the last rally will...
₿itcoin broke up this triangle📐 and I think there is chance for run to 45800 and even higher. Setting BUY LIMIT order to previous range high to catch🎣 the pullback. ENTRY : local high @ 41480 STOPLOSS (SL) : local low @ 40135 TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 45800 REWARD RISK RATIO...
Last trade hit it's target... ...so now you can be wondering where is our mighty Bitcoin headed to? After breaking out of the yellow triangle I think 51.5K is the next destination. The only hurdle is the white downtrendline. Once broken we could see next leg up. Notice how the price is being compressed while approaching apex of white trendlines. Something is...
Two days ago, we warned that the rally in Bitcoin might be near its end. We stated that the rally became accompanied by a sharp decrease in volume, which could foreshadow a potential breakdown in price. Meanwhile, Bitcoin fell below the 100-day Simple Moving Average and support area at 45 850 USD. These developments are very bearish for BTCUSD. In addition to...
Bitcoin continues to march higher and technical indicators point to the upside. However, there is one ominous warning sign in a market and that is volume. Just within seven days, BTCUSD rose over 16%. At the same time, the volume has decreased. Meanwhile, 50-day SMA and 100-day SMA remain in the bearish constellation. At the moment, 100-day SMA acts as the...
Yesterday, Bitcoin managed to break through resistance at 45 850 USD. By doing so, BTC validated the bullish consensus for itself. Now, we will observe price action very closely and we will watch out for any possible retracement below short-term support. Such retracement would invalidate the bullish breakout. However, until such an occurrence, we are turning...
Recently, the picture for Bitcoin turned positive. Technical factors turned bullish across multiple time frames and the price of BTC started to rise. However, soon after that, BTCUSD found strong resistance at 45 850 USD. In our opinion, if BTC will manage to break above this resistance then it is going to bolster the bullish case. However, the inability to break...
I think that ETH/BTC could be playing this upward channel. Price now being at the bottom of this channel (close to lower edge), plus the white downtrendline has been broken. I see possible backtest of the white downtrendline and then move up. So for me buying ETH for BTC makes sense and also alts should be good to go. Target would be top of the channel...
Recently we noted that migration of capital out of Russia would benefit cryptocurrencies. We even noted that it was possible for the downtrend in cryptocurrencies to cease and reverse to the upside, especially if the general stock market would stop ongoing selloff. However, so far this has not been the case. The general stock market has been volatile and...
Hi, my previous analysis was 95.98% correct And I think it was the most complete analysis in Trading View This analysis is for the short term. Bitcoin is easy to go to 52000 if it crosses the range of 45,000, and if we react to this range, we have a correction to the lower zone, which is in the range of 40,000.
On 24th February 2022, when Russia invaded Ukraine, BTC stopped its decline at 34 324.05 USD. Prior to that we noted the tightening cycle in the U.S. combined with prospect of higher interest rates continued to pose a substantial threat to the price of cryptocurrencies. However, these odds of higher interest rates have fallen dramatically over the past few days....
Welcome to this quick BTC/USDT WEEKLY analysis in the chart I have tried my best to bring the best possible outcome in this chart. Hello folks, Welcome to our Btc/Usdt weekly update, as we can see a rising wedge pattern create that from 15th March 2021 to 10th May 2021 btc was in an uptrend and from 10th May 2021 to 12th July 2021 was in downtrend. After...
Welcome to this quick BTC /USDT analysis. I have tried my best to bring the best possible outcome in this chart. Hello folks, Welcome to BTC/USD 12hr update as we can see here that BTC is creating a double bottom pattern and BTC can bounce from here and move towards the red zone which is $44000 to $45800 it's also a resistance which if BTC breaks then it can go...
Recently I passed 2000 followers👪 and I would like to thank you all my fellow traders! Also this is my 200th idea🍾 and I feel it's one of the most important charts I've posted here as the crypto market fear is all over the place.😱 Chasing the price on short-term timeframes is prolly driving you crazy these days. So let's take a step back and look from different...