Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC ) rose to a six-month high on Thursday, with prices climbing above $24,000 for the first time since August.
The move came as the Federal Reserve opted to increase interest rates by 25 basis points in its latest policy meeting.
As a result, BTC/USD rose to an intraday...
Considering the decrease in the strength of the trend and the divergence that you see, it seems that we will have a maximum price correction up to the bottom of the yellow box. ($22,300 zone) If the $22,300-22,000 zone breaks, we will see the price fall to the support of 21,600 to 21,300. However, as long as the price is above the $19,700 range (ma200 in the...
Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC ) was back above $23,000 in today's session as traders focused on the afternoon FOMC meeting.
After registering a low of $22,874.43 on Tuesday, BTC/USD rose to a one-day high of $23,225.02 earlier today.
Today's move briefly saw the world's largest cryptocurrency from...
Am still Neutral on Bitcoin if it breaks 23.5k then upward trends continue, but below 23.5k will fall to 22.9k then 22.5k then 21.8k as support. Trade with caution
Hi guys, this is not trading advice and the risk of this position depends on your previous trades, profits, and margins. It's just a scenario in completion of which, I can later explain some educational tips and instructions.
feel free to leave comments and ask your questions.
BTC >40% since our last trading idea below
BTC 4H support is now at ~$22700
Enter 50% at the current price
and try to set some BUY orders near the support zone
If BTC stays above the trendline,
the Take-Profit target would be 5%, 10%, and 15% from your entry
Cheers
Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC ) retreated from a recent five-month high on Tuesday, with prices falling below the $23,000 mark in today’s session.
BTC/USD fell to a low of $22,657.58 earlier in the day, less than 24 hours after hitting a high of $23,296.53.
The move comes as traders appear to have...
buying more opportunity to buy short position around my line above.
don't do margin or leverage more than double.
trading is all about being patient.
I am currently holding little postion but willing to buy more short position if goes above 23000.
18500 was my first short position.
FED will raise interest rate soon also.
MACE will be very much overbought...
Bitcoin is looking like it wants to take a 5%-20% drop. Potentially may tick up a few percent to shake some hands. However as seen in the chart you notice the circles , every time bitcoin hits this area it has seen around 20% pullbacks. The first indicator is the HVP and shows we are expecting a move. If you note before, it was flashing red and orange bitcoin...
That's amazing that the btc is completing a powerful reversal smc pattern!
Entry on the red box seems great. Keep your self updated with my analysis >_-
Technical Analysis Summary
BTC/USDT
TREND ANALYSIS
We have 1 Downtrend in red color (Short Term).
Be careful trends need to be modified when broken to the new peaks (Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR...
The structure on BTC holds bearish so far. Everything else is in the chart.
Please check linked ideas for more info.
📉 Text marks:
🔹IL = impulse leg. Inside of IL we can usually see inside structure, which is secondary in nature, like a market noise, unless you trade it on LTF, as it’s own IL.
🔹ph, pl = protected high or low, which holds current structural...
Lads please pay attention! This 10 year old support trendline turned into a resistance in November 2022. Approach with extreme care! But bare in mind that this is crypto and it could get blasted through with vengeance.
In this study I point out a few of the artifacts in the BTC chart that provide a view of the structural weakness in Bitcoin while hinting at a target end of the bear market. The major elements are:
A broken uptrend today of the recent rising channel (pink) at the same time as the larger declining channel (black) intersects its support line, demonstrating its...
Hello Traders. Here we dissect the past, current, and potential future growth of Bitcoin . I am uploading this chart because there seems to be an influx of charts predicting that Bitcoin is going straight to $100,000 by EOY, which is viable. This chart is showing a possible realistic case for Bitcoin , every phase of the way divided by each Bitcoin halving for an...
Besides knowing how the DXY is retesting and doing an ABC (C in progres to the UPside) . This can make lower entries on crypto ponzis.
DYOR and lets grab some good coins. DYOR
