Trading a descending broadening wedge pattern involves a systematic approach to identify potential entry and exit points. Here's a step-by-step guide on how to trade a descending broadening wedge: **1. Identify the Descending Broadening Wedge:** - First, you need to recognize the pattern on a price chart. Look for two converging trendlines with the upper...
after reviewing some stock markets history and my wave analysis i reached to this.
Bitcoin is interacting with the key 50% drawdown from the ATH level As i showed a couple days ago this is a major launchpad for the previous bull markets. Currently in a #HVF targeting a breakout to close to FWB:36K
Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:- Bitcoin (BTC) is exchanging hands at 34,388.22 per unit. The leading crypto asset has recorded a 24-hour range between 34,174 and 34,703 per BTC. Bitcoin commands approximately $8.97 billion in global trade volume on Wednesday, and its market cap dominates by 50.9%. Bitcoin’s...
Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:- \Bitcoin consolidated on Tuesday, as markets braced themselves for the upcoming consumer confidence report from the United States. Following a high of 34,843.94 to start the week, BTC/USD slipped to an intraday low of 34,083.31 in today’s session. This has resulted in the world’s...
Please consider and calculate loss before profit and manage risk properly We are trying to enter support and resistance areas with the lowest amount of stop loss and the highest amount of expected profits We have resistance around 23500-24000, if we can pass it, we must make sure that we breach 28000-29000 levels to continue to the target. If this idea suits you,...
Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:- bitcoin remained near the 35,000 level, ahead of a key week of economic data from the United States. BTC/USD peaked at the 34,743.26 mark to start the week, after falling to a low at 34,173.38 on Sunday. Bitcoin is moving closer to an 18-month high at 35,157, which was last struck...
Hello everyone, I hope you have a good weekend. Fortunately, BINANCE:BTCUSD behaved as I expected in the previous analysis. Now I hope this move will lead to the next Bullrun . It seems that 40,000 dollar bitcoin is closer to us than ever , but my preference is that before the price reaches 40,000 dollars, it is better to return to 32,000 dollars once and...
Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:- Bitcoin rose back above the 34,000 level on Saturday, which comes following recent price consolidation. After hitting a low of 33,416.89 on Friday, BTC/USD rallied to an intraday high of 34,201.77 to start the day. The move saw bitcoin snap a two-day losing streak, which came...
On weekly BTC flipped the major resistance at 31k. Next potential target for bulls is around 41.5k approx. Since price is pumping momentum is on the bulls side.
Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:- Bitcoin slipped below the 34,000 mark on Friday, as markets consolidated ahead of U.S. consumer sentiment figures. BTC/USD fell to a low at 33,762.32 earlier in today’s session, which comes following a peak at 34,649.40 the day before. bitcoin continued to pull away from a recent...
BINANCE:BTCUSDZ2023 BTC long trade- Trendline support Positive market condition 34k is a PSY Level and Trendline support.
Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:- Bitcoin once again fell below the 35,000 level on Thursday, after a brief stint above this level on Wednesday. Following a high of 35,133.76 late in yesterday’s session, BTC/USD dropped to an intraday low of 34,151.88 earlier today. The move saw bitcoin continue to trade close to...
The chart is self-explanatory. All I have done is taken the Bar Patterns at the 15K lows and matched them with the lows at 25K, there are astonishing similarities. Go ahead and have a look at all the similarities I have highlighted. This pattern suggests, we should soon have a pump to 39K region, then a dump to 34K region followed by a pump to 42 to 44K region...
just an idea and i think 250K be possible by November 2025 or sooner. not financial advice.
Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:- Bitcoin was trading lower on Wednesday, as traders appeared to have finally decided to secure profits, following recent gains BTC/USD slipped to an intraday low of 33,278.40 late in yesterday’s session, after an earlier peak above the 35,000 mark. Although bulls have since pushed...
Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:- Bitcoin bulls pushed the cryptocurrency over the 35,000 level on Tuesday, as momentum over a potential ETF approval intensified. Following a low of 30,433.32 to start the week, BTC/USD surged to a peak at 35,150.43 earlier in the day. This resulted in bitcoin climbing to its...
On the weekly timeframe for CRYPTOCAP:BTC : - A candle closed above the downwards trendline (Forming a bull flag), indicating strength in buyers - The MACD indicator had a crossover on the weekly timeframe - Price has been respecting the 21 EMA in the last few weeks. All of my favorite setups include EMAs! - There seems to be a potential Cup and Handle pattern...