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...
BINANCE:BTCUSDT COINBASE:BTCUSD Bitcoin analytical series starts today!!! Hello traders, First take a look at my previous analysis. 💥From now, until the price is inside the yellow area, you can open short position in two steps. The optimum stop-loss is above the determined level. TP1-2-3-4-5-6 are on the chart
BTCUSD daily guidance is neutral with a bullish bias. Recommended ratio: 53% BTC, 47% Cash. * The December US Employment Situation was released this morning , the Unemployment Rate is back down to 3.5% from 3.7% in November, while 223k Nonfarm Jobs were added (compared to 263k in November) and the Labor Force Participation Rate ticked up to 62.3% from 62.1%...
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 bounced from the local support after a successful retest but got rejected after hunting stops above horizontal resistance and MA 200. It has also formed a cup and handle pattern, which is technically a bullish...
Hello, 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) edged closer to the $17,000 level on Tuesday, as traders turned their attention to Wednesday’s FOMC minutes report. BTC/USD hit a high of $16,760.45 earlier in today’s session, which comes less than 24...
Hello, welcome to this BTC /USDT chart update by CRYPTO SANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-BitcoinBitcoin continues the sideways movement. The market is loading for a big impulsive move. The trading range major support is the $15,000-$15,500 area and major resistance is the $17,800-$18,500 area. Plan your...
Hello, welcome to this BTC /USDT chart update by CRYPTO SANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Bitcoin respecting the channel trendlines. Still, there is no movement in the market. Bitcoin CME trading is closed till 3rd January so we may not see much movement in the market. Some volatility is expected in the...
BTC HTF levels for 2023 and beyond. Gonna be a rough year imo but I wanna see a sweep of red to really go all in on crypto.
Hello, welcome to this BTC /USDT chart update by CRYPTO SANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Bitcoin bounced from the trendline support. The channel is working fine and the trading range continues. There is no volume in the market. The market is giving time to enjoy the new year's eve party. Let's see what the...
Hello, welcome to this BTC /USDT chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-BTC is holding above the ascending trendline support on 8h TF. RSI is in the oversold region and also holding above the trendline support. The volume is low here and for the confirmation of bullish momentum back in the...
Hello, welcome to this BTC /USDT chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:- BTC took a sharp correction after the breakdown of the ascending triangle. Now it has cleared stops below the previous low and bouncing from the horizontal support. A bounce is expected from here, but a strong...
Hello, welcome to this BTC /USDT chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:- BTC effectively breakdown the ascending triangle following the downward move. As of now, it is holding over the marked low of $16,559. If bulls won't show strength here, then the downward move will continue toward the...
we have two strong supports at 13.7k and 12k and... ONE verry verry strong resistance at 18.5k I see no point at the level of 15-16k to hold the price of bitcoin, for now personally I'm still bearish and waiting for 13.7k price. we'll see what happens next, just have to wait.
Macro descending wedge made up of a series of micro rising wedges, which account the bleed-offs we continue to see in the price action. Next stop if we distribute from our current channel is in the vicinity of 13.7K (1.618% Fibonacci retracement), which I am expecting. This may (or may not) come before a FOMO bull trap reaching into 17.5-18K area with full...