BTC daily close was above $23050. A positive close we needed for a bullish entry. In 2 hours TF, BTC broke above the bull flag pattern, retested it, and now bouncing back. Trade setup: Entry: $23060 to $23250. Average entry: $22380 to $22620. Stop Loss: $22230. Target: $24800 to $25500. Note: Do not trade without SL. DYOR before taking any trade.
Hello, trades, Dexter here with yet another update on BTC in a daily timeframe. It's the 5th day and BTC just couldn't break the $23k resistance level. If BTC breaks this resistance level then $25k is imminent. But with the recent move on BTC, I assume that it may reject further toward $21.5k and then bounce back or eventually a breakout above $23k. If not then...
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...
Hello, welcome to this BITCOIN WEEKLY update by CRYPTO SANDERS. CHART ANALYSIS:-Bitcoin weekly candle closed above the descending trendline resistance. Bulls reclaimed 2017 bull run highs after bouncing off historic trendline support, demonstrating bull strength. The current short-term resistance is near the $23,500 level. A retest above the descending trendline...
Our priority scenario in Bitcoin is to continue rising in wave v to $23,790 or $25,101. If the price of BTC falls below $21334, this scenario will change.
Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS. CHART ANALYSIS:-Bitcoin ( BTC ) raced past the $23,000 level to start the weekend, with prices climbing to a multi-month high. Following a low of $20,961.21 on Friday, BTC/USD climbed to an intraday peak of $23,249.89 earlier today. Today’s rally saw bitcoin jump to its highest level since August 24,...
Hello, welcome to this BITCOIN/USD update by CRYPTO SANDERS. CHART ANALYSIS:-Bitcoin ( BTC ) climbed higher on Friday, as the world’s largest cryptocurrency rebounded from Thursday’s losses. The rally comes despite the news that crypto lender Genesis has filed for bankruptcy, following the likes of FTX. BTC/USD rose to an intraday high of $21,175.24 earlier in...
BTC is moving at a key level of the 21700 zone. Rejection from this area can take BTC to bottom again up to 12800 and breakage of this Zone will take BTC up to 29500 zone.
We've been bullish since 16k. Now that we're up 4 thousand dollars, which is 30% higher, its time to look at some points of ressistance. At this moment, Bitcoin is already at the top of a resistance zone. I think the market is waiting for tomorrow, since the SPX is also looking at a breakout/resistance. If the SPX can break its resistance, Bitcoin will follow....
BTC update: BTC has broken above the falling wedge pattern in a 1-day timeframe. Currently, it is facing resistance at $21.5k and according to analysis, BTC must retest to continue a healthy rally. The RSI is at the oversold area, indicating a correction to be coming soon. Remember! There’s no need to panic if we see a rejection on BTC anytime soon. I expect a...
Bitcoin continues to rise in wave 3, and therefore the levels of the possible end of this trend in our priority scenario have changed. Growth may end at $22,564. We allow a price rollback, but not lower than $18836. If the price of BTC falls below this level, our view will change.
As we have been experienced for a long time in crypto in periods of low volume after crossing the desert phase, it suddenly explodes and that makes people FOMO, i think this Inverse Bart has a big chance of happening
At the moment of writing this article, Bitcoin is breaking structure. According to the Fetch Trends indicator, we've also established a new uptrend. Now, this does not mean we kickstarted a new bull run. What this possibly could mean is the end of the falling trend, and that we can expect to go sideways from here. If the bottom is not in, 12-14k are my next...
Theory serves only to explain the phenomena we observe. A good theory explains a large number of phenomena and even predicts phenomena that are not yet known, but it is meaningless to say whether this or that theory coincides with reality, since it is not always known which reality it describes. This quote could not be supplemented in the context of the current...
Our BTC priority scenario again led to the previously stated $17,513 targets. There is every reason to believe that the upward wave b is over. The next move in Bitcoin is a down wave c that could take Bitcoin prices below $15,000. We’ll not make hasty conclusions, but wait until the $17028 level is broken. In this case, it will be possible to consider that the...
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 attempted to break the horizontal red resistance and was able to trade above it. Now it is trading above it again. Here we need a successful retest above the horizontal red resistance to confirm another bullish...
Our priority scenario in BTC is the completion of wave (c). The uptrend is over or almost over. $17513 is the next possible reversal target. If the price of Bitcoin falls below $17028, we can consider that the downward wave (c) has begun, and we can determine short-term targets in BTC.
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 attempted to break the horizontal resistance but couldn't able to give a close above it. Now it is again trading below it. Here we've to wait for a successful breakout above the horizontal resistance to confirm a...