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BTC/USDT MONTHLY UPDATE BY CRYPTOSANDERSWelcome to this quick BTC /USD analysis. I have tried my best to bring the best possible outcome in this chart. Hello friends The monthly close of btc which is btc which I think is a bullish trend from here, the green box is acting as strong support on the downside Because on 1st October 2020 20ema which btc bounced was a jump of 42% pumped 2nd bounce on 1st July 2021 20ema for btc bounce 46% 20ema is covering support bounce, so we can assume 20ema a 45% pump in 1st fab 2022 btc to btc at list $50k This is not a piece of financial advice. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. thank you.
by CryptoSanders9563
BTC Breakout!!When we last talked about BTC we were looking at a couple key areas we needed to breakthrough in order for us to continue moving to the upside, those levels were the 0.7 FIB, the top of the descending channel and the top of the bullish triangle, we are looking solid here we have taken out the 0.7 FIB and the top of the falling channel, all thats left in our current spot is the top of the bullish triangle! Keep in mind guys we need all of these to confirm after our daily close tonight at 7PM EST. A breakthrough of all of these levels or even the current 2 is going to be significant and the chances of us seeing some big bullish momentum significantly rises. The level we would be looking at after these 3 is the midline on the bollinger bands, which currently acts as resistance as of right now, flipping this level not only gives us a cushion of support but opens the door for a run at that top band. Historically closing ontop of the top band leads to explosive price action to the upside, not always but a majority of the time we see this happen, same thing applies to the downside. Looking at our MACD we look good here, we are beginning to see nice separation between the MA's which is always a good thing, this makes it more difficult for the bears to trigger a bear cross. Not only that but on our histogram we notice that our green bars are rising day by day showing an increase in bullish momentum, we want to see this continue moving forward and keep in mind if we start to flatten out or decrease the bullish MACD cycle is likely coming to an end in the short term. Now the RSI looks good aswell, we are still stuck in the bottom half below the midline which means a confirmed downtrend, but the good news is we have flipped the SMA to support and we are on our way up, the main goal here is simply getting above the midline and holding above, this puts us back into a confirmed uptrend and relieves a lot of bearish pressure! Not financial advice just my opinion!
BITFINEX:BTCUSDLong
by JacobR905
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERSWelcome to this quick BTC /USD analysis. I have tried my best to bring the best possible outcome in this chart. Hello friends btc 1 day update btc trend line is going down continuously btc retest trendline if seen again and again friends, the pattern rsi is also something like this BTC is trending down, when BTC touches the trendline, downwards, same pattern is seen in RSI BTC 1 day update. We were looking at that moment. In RSI also we can see that the trend line is moving up and once it crosses above the trendland the market is dumping and then the market turns down but once again the market may be in BTC could bounce or if it is going to be bullish then BTC could bounce from here. This is not a piece of financial advice. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. thank you.
by CryptoSanders9563
6
BTC/USDT 2HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick BTC /USDT analysis. I have tried my best to bring the best possible outcome in this chart. Hello friends btc has created a cup and handle on 2 hours and retest is also happening with 21 ma happening btc can go up but today is of the closing month but update saying 2 hours This is not a piece of financial advice. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. thank you.
Long
by CryptoSanders9563
5
BTC Looking For an Upside Break!!?Bitcoin id looking to break up and above the 0.7 FIB level which also has over hanging resistance coming from the descending channel, we wicked all the way up and above both these levels but have since come back down, what im looking for tonight on our daily close is a push up and close atleast above the 0.7 FIB! This opens the door and allows us a better chance at making a push to breakout of this descending channel, as for another level of resistance we will face is the 40k-40.7K zone, breaking above 40K and holding it is going to be a very bullish sign. Looking at our automated ABC pattern detector we are currently forming the C structure with a target of about 41.2K - 42.8K, if we can successfully complete this pattern we will be ending up in a very good spot above some major resistance levels. One thing that is crucial for PA going forward is that we need to break the current downtrend we are stuck in, that starts with all the breaks of resistances i was talking about but also making that C run complete and from there continuing to move up. A good way you can keep up with the current trend is looking at the RSI, being below the midline like we currently are confirms a downtrend, we need to break above the midline and hold above to see a confirmed uptrend come into play. Looking at our MACD we notice that we actually just got a bullish cross, now don't jump to conclusions too fast, we need this to confirm first, our MA's are tight together and as you guys know this allows for a quick reversal and bearish cross. What we want to see going forward is these MA's start to move apart creating space between eachother making it more difficult to trigger a bear cross, another important thing we want to watch is the histogram, we are currently on our first green bar which is a great sign but moving forward we need to see these green bars continue and we gotta see an increase day by day showing an increase in bullish momentum. Now the Wavetrend, we are looking very good here overall, we bottomed out in the buy zone and we seem to be reversing very nicely, our wave has crossed over the red crosses and is beginning to move to the upside, we have been trending down for quite awhile now and haven't seen a significant bullish wave so thats exactly what im looking for here. Keep in mind the wavetrend is a slow mover and rarely ever has jagged turns and moves, we see smooth transitions between waves, the one key level we need to break above to really confirm a strong bullish wave is the resistance level coming from the last peak from the 15th of January! Not financial advice just my opinion!
BITFINEX:BTCUSD
by JacobR905
BTC/USDT 4HOUR UPDATEWelcome to this quick BTC /USDT analysis. I have tried my best to bring the best possible outcome in this chart. Hello friends as you know btc is currently moving in a falling wedge pattern from where nothing can be said without weekly confirmation or monthly confirmation trading has to be done thinking today is to book maximum or less loss or profit than work Holding now no thanks This is not a piece of financial advice. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. thank you.
by CryptoSanders9563
BTCUSD price action analysishi guys , lets see what's happen after the last price action BTC analysis in my ideas so i show you guys the beautiful bullish channel at the ATH price as i mark where was it in this chart , and i note that price need correction and after the correction price can rise , and this correction happened and the price fall down to the bottom of the channel , after this correction price breaks out the beautiful channel i share with you guys and see what's happen next ??? baaaaaaaaaang btc fall after that break out in the power full bearish trend till this moment :))) i save all of my positions and you guys ;) in the last price action chart i share in the ATH price lets talk about now , till btc price is under this power full bearish trend line the market is bearish and the best support area is around the 30k$ price and price should test this areas
BINANCE:BTCUSDShort
by hossein_rf
BITCOIN Formed Ascending Channel!What's up Everyone! 😃 Bitcoin has been forming this channel on the 4h chart since the pump on January 24th. The most recent dump confirmed the bottom of the channel and we are once again looking at the the targets of 39k - 40k on the upside . If we manage to break above 40k our first targets would be 43k-44k representing the neckline of the latest dip and a potential 'W' pattern which could form. Then eventually we would have break 48k-51.6k which would put us back above the bull market support band. Even though I see another rally in the short-term to the previously mentioned 39k-40k region, I don't see Bitcoin above the Bull market support band before we fall back down to the levels that await below the current ascending channel support at about 36k . That would take BTC to the 35k-33k support area and eventually 31k-29k where we could find a bounce as we did on a couple of occasions last year before we reached new ATH's both times (see below 👇). I broke it down more specifically below 👇 in my latest video 🎞️: I would like to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advice. Thanks for stopping by, I hope you liked my post, and if you did, please drop a like or comment, it helps me to improve my ideas and puts a smile on my face! 😃🙏
Long
by BitcoinEasyIO
2
BTC/USDT 4HOUR UPDATEWelcome to this quick BTC /USDT analysis. I have tried my best to bring the best possible outcome in this chart. Hello friends. as I told in the previous chart that btc may bounce from here now btc bounced but I think the 36.4k break may be back, if 33k bounced then this bounce bitcoin is ready again all the time for high This is not a piece of financial advice. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. thank you.
by CryptoSanders9563
BITCOIN Evening Star!Just a quick one, main focus is on the Evening star pattern, support if we can hold support is about 37.5k-37k and bounce to 40k hopefully. Rest of the path and targets make more sense in my previous posts and video below: I want to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advice. Video: Weekly Wedge: 1H: I want to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advice. Thanks for stopping by, I hope you liked my post, and if you did, please drop a like or comment, it helps me improve and puts a smile on my face! 😃🙏
Short
by BitcoinEasyIO
7
BITCOIN Symmetrical Triangle Breakout!Good morning everyone! 🌞 Short and simple, just wanted to post quickly and get some more sleep. First target is 38k-40k region. If we get rejected at the previous resistance of 37.5k we could go down to the lower support levels again, or even lower to the 31k-29k region. Thanks for stopping by, I hope you liked my post, and if you did, please drop a like or comment, it helps to improve and puts a smile on my face! 😃🙏 Happy Trading ✌❤📈
Long
by BitcoinEasyIO
2
BTC 12h 🔥This is what it takes to start the alt season🔥Today, let's look at possible scenarios of BTCUSDT price movement and possible variants of altcoins movement. We think that Bitcoin price fall is not over yet, but it does not mean that the fall will be with the renewal of the minimum. Most likely, a consolidation triangle may now begin to form, lasting several weeks, roughly speaking until the end of 2021. The lower boundary is around $45600. BTC dominance is now at a low level, which means some capital is moving to usdt usd and some to the alts. If you compare it to early 2018, then the BTCUSD price had already started a downward trend, and the alts, due to capital flow, were still shooting upwards for a very good month. And it can be even better, the price of BTCUSDT will move in a wide price range of $40-70k without updating absolute lows and highs throughout 2022. At that time, BTC will be in consolidation like on the chart above, and the real holiday - the long-awaited Altseason - will start for crypto market participants. However, we wouldn't be if we didn't write the tipping point and the beginning of working out of the alternative scenario. After BTCUSDT price fixation below $44500 , the probability of continuation of a strong downfall will significantly increase. In that case, the probable target area for the fall and consequently zone for large purchases by longs is around $31500-33000. We described it in more details in our October idea BTCUSD with possible scenarios for the next six months. Read, estimate, write your comments and make right decisions - good luck ;) _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
63
BITCOIN Bullish scenario!Good morning everyone! 🌞 Here we see a more bullish scenario on the weekly BTCUSDT chart, and as always I try to keep it as simple as possible. Bitcoin dropped down to the 31k-29k area on a couple of ocasions in the past, but then bounced to new ATHs both times. That is the reason why this bullish bitcoin scenario predicts the bounce in that area once again, and that the bounce will bring us back above the bull market support band and potentially to new ATHs. Here is my previous post where i looked at the inmediate short-term: Make sure to stay tuned for my weekly Bitcoin Update video 🎬 Thanks for stopping by, I hope you liked my post, and if you did, please drop a like or comment, it helps to improve and puts a smile on my face! 😃🙏 Happy Trading ✌❤📈
by BitcoinEasyIO
3