Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:- Bitcoin’s recent price action reflects a positive uptrend with its value piercing through the 37,000 resistance zone yesterday only to settle at just above that range. The oscillators present a mixed bag of signals with the relative strength index (RSI) at a high 83, suggesting...
I simply see this structure at 15 min TF. 35k is an invalid setup. 1D level + 4h level
50 MA in blue, 200 MA in green. There is a "W" pattern where the 50 MA also crosses under or over the 200 MA. It can be useful in short-term and long-term trading. If the pattern repeats itself, with your ruler you can see that there should be a correction for the next 2 months (according to the previous corrections in the bull run which are about the same...
The BTC market continues to fall, but resistance still exists. From October 2022 to August 2023, the number of Indonesian cryptocurrency investors has never increased by more than 1%, reflecting the downward trend in the global cryptocurrency market. Furthermore, Bapebuti said that the virtual currency transaction value in Indonesia also decreased by 25.2%...
Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:- Bitcoin fell 3.3% to 34,195 amid a light trading volume of 20.79 billion over the last 24 hours. The relative strength index (RSI) reading of 70 indicates bitcoin is approaching overbought levels, while the Stochastic oscillator of 86 suggests the crypto may be due for some more...
It's a little bit overdue... The Green line is a pressure line. I expect a short-term drop. Also, see RSI. PC4TWld
BTC is not only at resistance, there's also a Death Cross on the RSI indicator. - KUCOIN:BTCUSDT is at an upsloping resistance line going back to Feb 2022 - There is also significant horizontal resistance around 36,500 - The RSI is at 77.5, going lower than the RSI MA (81.19) which could signal a downtrend Shorting looks very appealing. But, the last time I...
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...
My RNN divergence script has been sitting on an important resistance level, and the number of bearish predictions keeps increasing. If we look at the past, similar prediction counts have led to negative outcomes. However, it's important to note that things like interest rates could also affect the markets, and this is not a standard way to look at it. It'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...
The price of Bitcoin will go down from here or from 36,000 due to some strange news or the death of a European leader , and it will go below 14,000 and finally it will most likely reach 7,000 after reaching 13,000 ,I will give you new targets
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 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...
Simple price action trade but make sure to check the market news Breakdown - Retest fake breakout - AGAING FALLING Good risk reward ratio.
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...
Hello trader! Without any fundamental theory, conspiracy theories, or technical analysis, I'm trying to work with liquidity on Bitcoin. The market maker has already removed yesterday's liquidity, and today has drawn a new one for a downward move. I enter from the order block and set the stop loss behind it.
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...
hi according previous analysis (attached) it comes up to touch the target but but but it has big problem and bad news for holders it would come back down again for 3 result: 1- before it touched support comes up !! 2- it has unsettled surface 2 times 3- it has some unresolved surface in my opinion it will see lower price level again. ( i am sure.) anyway i know...