In my opinion, there is a strong probability that the first three months of the year 2024 will be relatively bearish. In such a scenario, I believe there is a strong probability that the price of Bitcoin taps $12,500 if not lower. Odds are greater if price fails to even touch $48,149. This trade idea is not financial advice. I am not a financial advisor of any...
Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the BTC symbol. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Bitcoin made it to the measured move target at $45,800 which was followed by a massive 11% sell-off in the course of an hour. This is the second major sell-off at these levels in under a month. Is this the opportune time to short? How do we trade this? 🤔 We have several data points in favor of a short. We've completed a Measured Move, three legs up in a bull...
Well last time we are seeing perfect example of bull market on BTC / USDT but this time is different from one time when price reach almost 70k , we dont have any bullish momentum, The price just jumps from consolidations up , wchich could mean we have a lot of attention of small fishes on market, in that case whales will shake out BTC of their hands ones again,...
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...
BTCUSDT can go anyway so take this and plan yourself accordingly Looking forward to a more bearish move that could later follow up with a more buying pressure on 2024 Check this analysis out.
With the Top for 2023 confirmed we can begin to dump. $44.7k is TOP for CRYPTOCAP:BTC 2023. We opened 2023 at 16K levels so we are bound for a retrace in Q1 2024. (34K is 61.8 level on fib retracement for 2023) BlackRocks Bitcoin ETF will seek approval by January 10, 2024. With BR injecting their footprint into bitcoin i anticipate a drop to retest sub 40k...
Here's my Idea about Short term for BTC Short Position. Expecting an Dump Entry Would be Around 43.6-43.7k Stoploss Will be around 43868 Target will be 42.6k or 41.8k The Trade is Risky So if you are degen then go for it or Use low levrage While Trading. Follow For more Such good ideas & Don't Forget Share my ideas.
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 Traders! In this stage, I see BTCUSD H1 falling until the level of 38700 (even lower), because it has to close a liquidity gap, and also, hit the level of 38400, a very important level of resistance. At the moment, I see BTC under bearish dominance and I consider it a good moment to enter short. Keep in touch! Follow me for more ideas/trade...
Hello Traders! This is my perspective for BTCUSD H1, interesting reaction from the level of 43300. I expect a retracement until the level of 38700, and after that I will search for a long position. At the moment, liquidity was closed and also, we can see a reaction from the OB. Good opportunity to entry short. Keep in touch. P.s. Follow me for more analysis:...
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...
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...
just speculating. i've nailed this cross of fib channels before where the white cross literally acted as bottom target like a magnet and this seemed to line up nicely. but didn't publish till i realized we never retested the 2017-2018 high around 13.9k on a monthly we just blew past it and it happen to line up perfect so i'm putting in the possibility realm. ...
So far, I like the current exit from the $25,000-$30,000 zone. But I have a couple of comments that Bitcoin won't be 100k for. Looking to adopt a spot BTC ETF means that all investors will have the opportunity to invest in this asset class and it will be a good time for a big player to sell to these investors. I assume that the price may exceed 69 thousand, or...
This Chart makes a lot more sense on the daily because the breakout on daily 1 candle Daily Chart Here: However the rejection and inability to clearly breakout of 41,639 made me want to post this as it could possibly be a fake breakout from the rising wedge on the daily chart. I was positive if it hit 41.6K it sky rocket... but it doesn't look to be that...