🖐 Hello everyone. Forms a wedge pattern. We are accumulating inside the wedge. At the moment 17500 are strong resistance levels. Briefly about the situation, now I am waiting for a decline to the support level and the withdrawal of liquidity. After that, growth, since now most are waiting for a recession. I publish a very likely scenario for further price...
After the deep sell-off seen last week, Bitcoin was unable to recover from the lows and has continued trading around $16,000. Our previous analysis marked the resistance at $18,500 as an important level that the price needed to reclaim in order to show signs of strength. However, it failed, indicating a major sign of weakness in the price at the moment. In the...
Here are the list of why I'm buying based on 1 hour timeframe: 1. +Di is above the ADX and -DI. 2. As of now, we can see that the -DI will go below ADX which is very bullish indicator. 3. The slope of ADX also counts. The slope of ADX is preparing to go higher. 4. The 25 SMA and 100 SMA will cross. It is very short term and the trend can quickly reversed...
I wouldn't be surprised to see Bitcoin continue to pullback, especially with how aggressive the most recent sell off is. We'll see how price responds if it makes a new high, but I wouldn't expect a full reversal just yet if we get one. Price is hinting at creating new relatively short term (M15 + H1) highs. But also be prepared for further intraday pullbacks....
Hello, welcome to this BTC USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis. CHART ANALYSIS:-Bitcoin (BTC) fell for a second straight day, as...
ME: Lets take it slow... *PHEW! BTC May be in for a $12k Bottom for the full 85% bottom as shown previously. BOTH Fractals shows a beautiful retrace when the 55ema/100ema touch and go. 23/24 will be glorious! ========================= BLUE Fractal: 2014 YELLOW Fractal: 2018 ========================= BLUE line: 55ema WHITE line: 100ema =========================
The -DI crosses below the ADX. That means profit taking for me and I'm looking for opportunities in 1 hour and 4 hour timeframe if it comes. From now on, I am gonna wait for potential buying opportunity. Check my related ideas. Sorry for hyping a 14k bitcoin haha.
Hello, welcome to this BTC USDT 4Hr chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis. CHART ANALYSIS:-BTC got rejected from the horizontal resistance. There...
With FTX exchange collapse the whole crypto market has been collapsing. BTC broke the key support and reached $15700. The bounce that we saw yesterday was just a successful bearish retest. Most likely the price will continue dropping. It wouldn´t be surprising to see more crypto firms, lending platforms collapsing in the next days or weeks which would increase...
BTCUSD looks bearish on lower degree. RSI downsloping. The price currently is approaching the resistance level. We can observe a decreasing volume. - Short the resistance, - Take profit or exit short at the support as shown on the chart. Good luck
Hello everyone, Entry: 16990 Stop Loss: 16560 Target: 17800 R/R: 2.20 Position Size: 3%
The market took a deep dive since the start of the week, despite the heavy correction BTC is still holding to the ground and Support levels still intact. If The last support level fails to hold the price it's a freefall for BTC and the whole Market. But since this level is too strong and no indicators are shown to prove the idea of a support penetration we will go...
Updated view on a falling wedge structure on BTCUSD Falling wedge is a bullish reversal structure I'm posting this update because I have made some falling wedge posts in the past and this is latest older ones below
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
To Start, I used the basis of this chart from someone who posted it in the TV chat, I do not remember whose it was! Point 1 - We have seen BTC go through 2 major waves of reaching 'peaks'. I believe we are now entering the 3rd major wave. In the previous two waves, it has taken typically a year (give or take a few weeks) for BTC to reach bottom from its peak. We...
Hello, welcome to this BTC USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis. CHART ANALYSIS:- Bitcoin (BTC) started the week trading below $17,000,...