Consolidating inside the range 40.7k support to 45.5k resistance locally. Waiting to breakout either one. 48k bullish target. Purple EMA for managing risk at 38k.
After a great fall, holding so graciously the trend line and since inception BTCs is still undervalued and available on a huge discount of 2.06 USDT (at the time of this idea) With only 21M supply and around 50m Mcap + some more exchanges are coming in coming days. This is my prediction. Good days are coming. I am filling my bags on every retest of 4Hr chart. I am...
Big "falling wedge" consolidation pattern for aprox a year Nov 2021 - October 2022 upside BREAKOUT and RETEST confirmation. Since breakout, consistent higher highs indicating up-trend. 25300 is key resistance, with a weekly candle close above 25,300 , next immediate target could be 31,500, following with 36,900. A weekly candle break below 22,800 may lead...
#BTC #Bitcoin taking a textbook ABC pause before the next impulse leg higher. Will the fractal repeat...?
After the proposed bill to stop the digital currency industry and the prosecution of former officials allied with this industry by Elizabeth Warren and the debt settlement of the FTX exchange, as well as the expiration of $2 billion in options contracts and the $400 million liquidation of long positions at a price of $42,800, The suspension of BitZlato...
Based on the provided market data for Bitcoin (BTC) against Tether (USDT), the current price of BTC is $42,635. On a 4-hour timeframe, the Relative Strength Index (RSI) is at 41.78, which indicates that the market is neither overbought nor oversold. The Moving Average Convergence Divergence (MACD) is at -159.0, suggesting a bearish signal. The Bollinger Bands...
h1 Chart: We see how now price is in the range between PDL and PDH. I expect downward movement with the purpose of withdrawal of this PDL liquidity and exit upwards, where I plan to gain my local long positions with the purpose of PDH. Not a financial advice, always observe the risks and watch the reaction in the points of interest and only then make your...
Hello Guys As u See on the BTC chart we had many beautiful patterns which were very accuracy by its targets up & down . last Pattern which its number is 4 had done its target exactly at 17500$ as u see (yellow rectangles). Now we are in Pattern Number 5 (Red Rectangles) which its Target after rocking 28800 are 39500- 41850 $ . Note : we should break the 28800...
Does she want another round? If so, this is what I think. This trade idea is not financial advice. I am not a financial advisor of any kind. Please do your own analysis, responsibly manage your risk, and stay safe. This trade idea is not financial advice. I am not a financial advisor of any kind. I am a stupid degenerate gambler. Please do your own analysis,...
The itsy bitsy spider crawled up the .... This is an update to my previous trade idea. Just an interesting observation. This trade idea is not financial advice. I am not a financial advisor of any kind. I am a stupid degenerate gambler. Please do your own analysis, responsibly manage your risk and stay safe. Thanks for hitting the like button!
Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:- The daily chart reveals a general uptrend, moving from a low of 15,479 to a high of 44,729. This progression, marked by a strong recovery post a significant drop, underpins a bullish sentiment. The recent pullback from the peak suggests a consolidation phase and the stable volume...
Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:- The 4-hour chart offers a much clearer picture of toilet price action. Price has formed a falling pattern yet to break it on either side. Meanwhile, the support level of 40K is towards the higher trend line of the price per trend. A classic retracement is contemplated to break the...
Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:- the 4-hour time frame shows that after a significant impulsive surge beyond the 40K level, Bitcoin achieved its yearly high at 44.7K, indicating bullish market sentiment among the participants. It reflects. However, the failure to establish higher resulted in a double-top...
Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:- Analyzing Bitcoin’s (BTC) oscillators provides an essential snapshot of its current market stance. The relative strength index (RSI) at 56, Stochastic at 54, and commodity channel index (CCI) at 18 align in a neutral zone. This neutrality signals a balanced market sentiment, with...
After the interest rate and consumer price index were able to remain unchanged, there is a possibility of growth again after the market correction and the failure of the market collapse theory to the point of $36,000.
Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:- the price has been blowing past resistance levels one by one. Yet, today’s action has been very bearish, as the daily candle looks very bearish. The price has dropped around 10% today before rebounding from the 40K support level. In case this level holds, it could initiate a...
For the last few months, many have been debating if BTC is still in a bear or bull market, with most calling for new lows in the near future. As we look at the BTC weekly chart we see several clear levels of support and resistance that price has been respecting for some time now. I will be the first to admit, the price action has been slow and not very clear in...
Bitcoin broke out of it's trading range between $25,000 and $32,000 and touched $44,800! Does this mean we're going to new all-time highs? I'm skeptical for a parade of reasons, all of which are based on historical and current data points. Let's dig in! How do we trade this? 🤔 Recent Data Since the trend reversal in January 2023 we've had three pushes to...