#BTC UPDATE. #BTC has now lost the trend line support and the trend line is acting as the resistance now,the pink area support is crucial as it the double bottom for btc and any move below this pink box area would lead into some more pullback . The next move will be updated on our website so please do visit.
Looks bad all hopium lost lets just dump and get this over with!
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 broke the $18.1K mark and $17.2K is testing support. A breakout from the mentioned level could pave the way for an increase toward $20.6K in the near term. However, the RSI indicator is already showing green flags...
#BTC UPDATE. #BTC has now broken below to the pink support area and is now acting as the resistance for btc .As told you in the last btc update if btc loses the black trend line support then we might see btc testing the blue box support area and there could be a high volatile move as well at the trend line support.Enter into any positions after the confirmation.
Price might get to the support zone for bullish movement to the 18k zone, the is also imbalance at the spot left to fill before the bullish move
#BTC UPDATE. #BTC is currently trading at the pink box support area and any close below to the pink box could result in more pullback from here .Keep eyes on the support line as well as if btc loses and close below to the trend line support btc might look to test the blue box support area around 16k level
I hope you are fine . I think we had a FLAT pattern, now wave 3 of C of our FLAT pattern is finished and the expectation is that we will fall to the 14K channel. Before falling, it may move a little sideways and then fall. Every position you open, don't forget to manage volume, leverage and set stop
Looking at our BTC chart on the 4hr timeframe, we can see Wave Fusion called the short perfectly which also coincided with the top of our upward channel! This was a huge fakeout for a lot of people because initially they thought the FOMC numbers were good but it turned out the FED is still hawkish for 2023 and actually raised their expected numbers (hence the...
Hello, welcome to this BTC /USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Bitcoin (BTC) was trading close to the $18,100 level on Wednesday, as markets remained higher following the latest U.S. inflation report. Following a low of $17,412.19 on Tuesday, BTC/USD surged to a peak of...
Hi @everyone, In this chart we explain how we could enter a trade if this scenario will occur. Its used for educational content (but based on a real plan) to show how to create a plan on a possible scenario. Always think a few steps ahead, its just like playing chess. Its not given that this scenario will play out but,,, : if this happen then we know how to...
Hi @everyone, Small update on the short trade plan.. Btc is having an swingsfailure ( to the upside ), the likelyhood the short plan wil get achieved is from getting more likely. From here we could take a scalp long possition, till 178xx with an sl below previous low. Goodluck, Team Quantistic
Hello, welcome to this BTC /USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Bitcoin (BTC) rallied to a one-month high on Tuesday, as markets began to price in a fall in consumer prices in the United States. Following a low of $16,966.59 to start the week, BTC/USD raced to an intraday peak...
It's looking a lot like November 4, just before the dump. The RSI is massively oversold on the 4 hour and we appear to be nearing the end of an upward push about the same as then. I don't think BTC can go much higher being so oversold so it'll drop some, but will it go all the way to $12k in another big dump?
BTC gained ~4% after our last published idea BTC 4H support is now at ~$17000 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 guys, if you want to trade, be careful because of the news and movements. Of course, before every big drop, we have a sharp upward movement and then a drop. Good luck, just stop trading and don't forget management.
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) started the week in the red, as traders prepared for a big week of economic announcements from the United States. Inflation figures will be released on Tuesday, and are expected to fall to 7.3%, down...
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...
BTC keeps getting denied at the centerline of the main downward channel. When the upward channel that's been in play since November 21 intersected with the main downward channel there was a steep breakdown. Now I believe we will finish out the H&S as drawn until we reach the bottom of the upward channel on Thursday. Then there will likely be another dump down to...