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BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin fell for a second consecutive day after the U.S. Federal Reserve interest rate decision. Following a high of 27,289.77 on Wednesday, BTC/USD dropped to a low of 26,703.77 earlier in today’s session. The Fed’s decision to pause has led to dollar strength, with USD hitting its most substantial level since April versus the British pound. As a result of the BTC drop, the 14-day relative strength index (RSI) fell below a support point at the 55.00 level. Price strength now stands at 52.45, and appears to be heading for a lower floor near the 45.00 region. Should the index fall to this floor, there is a good chance that Bitcoin could be hovering near 26,000. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
BTC/USDT 8HOUR UPDATE BY CRYPTOSANDERS !!Hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin started the day trading marginally lower, as markets prepared for the highly anticipated Federal Reserve interest rate decision. BTC/USD dropped to an intraday low of 26,918.32 on Wednesday, following a peak at 27,488.76 the day prior. the FOMC will give an economic forecast, which could provide some forward guidance on future policy decisions. One of the catalysts for the drop in price was the relative strength index (RSI), which fell below a ceiling at the 60.00 mark. The index is now tracking around the 57.08 level and is moving towards a support point at 55.00. momentum remains largely bullish, with today’s decline largely due to profit-taking ahead of the Fed announcement. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
2
BTC/USDT 4HOUR UPDATE BY CRYPTOSANDERS !!Hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- BTC successfully retested above the descending triangle with a decent volume and it also breakout the Ichimoku cloud. Currently, it is retesting above the Ichimoku cloud and an effective retest would confirm the continuation of the bullish move. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
EDU breakout Soon What Is a Descending Channel? A descending channel is drawn by connecting the lower highs and lower lows of a security's price with parallel trendlines to show a downward trend. Officially, the space between the trendlines is the descending channel, which falls under the broad category of trend channels. KEY TAKEAWAYS A descending channel is drawn by connecting the lower highs and lower lows of a security's price with parallel trendlines to show a downward trend. Traders who believe a security is likely to remain within its descending channel can initiate trades when the price fluctuates within its channel trendline boundaries. A more potent signal occurs with a breakout, which is when a security's price breaches an established channel's boundaries, either on the upper or lower side.
Long
by Crypto-Adda_Official
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin remained near a two-week high on Friday, as traders continued to digest the latest US retail sales figures. Following a low of 26,285.50 on Thursday, BTC/USD rallied to an intraday high of 26,774.62 earlier in today’s session. This peak saw bitcoin trade at its strongest point since August 31, when the price peaked over the 27,500 mark. it appears that today’s bullish sentiment comes as the relative strength index (RSI) moved towards a ceiling of 52.00. price strength is tracking at 51.96, which has led some previous bulls to abandon their positions. BTC has now retreated to a current level of 26,617.31, however, traders will likely make another run towards 27,000 in the coming days. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin remained in the green for a second consecutive session, ahead of the upcoming U.S. retail sales report. Consumer spending is expected to fall lower, which comes as inflation increased last month. Following a low of 26,084.80 on Wednesday, BTC/USD surged to a peak of 26,529.50 earlier in today’s session. Looking at the chart, the surge comes as the relative strength index (RSI) broke out of a ceiling at 45.00. price strength is tracking at 49.04, which is marginally below a ceiling at the 53.00 mark. Should it move beyond this, there is a good chance that bitcoin will rise above the $27,000 level in the coming days. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin was once again trading above the 26,000 level in today’s session, as markets prepared for the upcoming U.S. inflation report. Following a low of 25,781.12 on Tuesday, BTC/USD rose to an intraday peak of 26,451.94 earlier in the day. The move comes as the world’s largest cryptocurrency continued to move away from a recent three-month low. Wednesday’s surge in price comes as the 14-day relative strength index (RSI) jumped past a ceiling of 44.00. the index is tracking at a reading of 47.23, with the next visible point of resistance at the 50.00 mark. If this level is reached, there is a good chance that BTC will be trading closer to 27,000. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
1
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin fell to a three-month low towards the end of Monday’s session, as bears pushed the price below the 25,000 level. BTC/USD plunged to a bottom at 24,930.30, to start the week, which was its lowest point since June 15. The world’s largest cryptocurrency has since rebounded, with price peaking at 26,258.05 earlier in the day. the decline came as the 14-day relative strength index (RSI) briefly moved below support at 35.00. Bulls have since reentered the markets following the slippage, buying the dip, and pushing price strength to a current reading of 46.50. The next visible point of resistance appears to be at the 52.00 mark, and should price strength reach this point, BTC will likely be above 26,500. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin started yet another week trading under the 26,000 level, as traders began to prepare for upcoming U.S. economic releases. BTC/USD slipped to a low of 25,620.46 earlier in today’s session, after ending the weekend at a peak of 25,978.13. Monday’s decline in price saw bitcoin continue to hover close to a key support point at the 25,600 region. The slippage comes as the 14-day relative strength index (RSI) moved closer to a floor of its own at the 35.00 mark. the index is tracking at a reading of 37.09, which comes after failing to break out of a ceiling of 45.00 last week. Should bulls reject a drop below 35.00, there is a good chance that BTC reverses in the coming days. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
2
$HOOK Retesting Falling Wedge also Try to Break RangeNASDAQ:HOOK Retesting Falling Wedge also Try to Break Range Falling Wedge The falling wedge can either be a reversal or continuation signal. As a reversal signal, it is formed at a bottom of a downtrend, indicating that an uptrend would come next. As a continuation signal, it is formed during an uptrend, implying that the upward price action would resume. Unlike the rising wedge, the falling wedge is a bullish chart pattern. In this example, the falling wedge serves as a reversal signal. After a downtrend, the price made lower highs and lower lows. Notice how the falling trend line connecting the highs is steeper than the trend line connecting the lows. If we placed an entry order above that falling trend line connecting the pair’s highs, we would’ve been able to jump in on the strong uptrend and caught some pips! A good upside target would be the height of the wedge formation.
Long
by Crypto-Adda_Official
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin was trading marginally lower on Thursday, as the cryptocurrency moved below a key point of support. BTC/USD bottomed out at 25,404.36 earlier in the day, less than 24 hours after peaking at 25,953.02. The decline saw Bitcoin fall under a price floor of 25,600 before bulls intervened to send the cryptocurrency higher. BTC is now trading at 25,701.34, which sees its price below 26,000 for a third straight day. Although sentiment has been mostly bearish, price stability has largely remained, with traders so far avoiding a drop under 25,000. This could be tested as we head towards next week, with several key economic announcements set to be released in the United States. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin’s consolidation continued on Wednesday, as bulls remained on the sidelines, despite the prospect of a “death cross.” The term refers to an entangling between moving averages, in this instance the 10-day (red) and 25-day (blue) trendlines. Despite the potential for this to occur, BTC/USD bottomed out at 25,628.61, which is marginally lower than Tuesday’s high of 25,858.37. price consolidation comes as the relative strength index (RSI), flatlines close to a support of its own at 35.00. Bulls have so far rejected a move below this point, however, in the event that this occurs, BTC could fall below 25,000. Longer-term Bitcoiners could be hoping for this, as a means of buying at an even lower rate. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
1
BTC/USDT 4HOUR UPDATE BY CRYPTOSANDERS !!Hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- 4-hour chart, the recent price action becomes a lot clearer. The market has recently been rejected from the 27,500 short-term resistance level and has been declining towards the 25K support area. The RSI indicator is also showing values below 50%, emphasizing the current bearish momentum in price. Therefore, if the 25K level breaks down, things can get ugly quickly. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
$BTC 1W showing Hidden BullishCRYPTOCAP:BTC 1W showing Hidden Bullish What Is Hidden Divergence? Hidden divergence is created when the price of a cryptocurrency carves a higher low, while the indicator creates a lower low. Typically a hidden divergence can also be categorized by a bullish or bearish hidden divergence. For example, a bullish hidden divergence happens during a correction of an uptrend when the value of an asset makes a higher low. However, the oscillator is still showing a lower low. This usually translates that the bullish trend continuation signals trader to take profit. Bearish hidden divergence, on the other hand, is the opposite. Meaning the value of an asset makes a lower high, but oscillators are showing a higher high. This signals a trend reversal in which a trader should stop loss and sell-off as soon as possible.
BITSTAMP:BTCUSDLong
by Crypto-Adda_Official
BTC local movesIts been 5 days BTC is in the range. Every move up gives good opportunity for Alts to Pump and every move down - Alts immediately bleeding On LTF BTC can give some bullish moves. We can expect bounce until 26500$ - 27100$ with, high probability, bearish reaction from these price levels. (n.1) If BTC will manage to close with D candle above 27200$ - then it will bring more chances for continuation of the uptrend. (n.2) If you see that BTC is closing with 4 H candle below 25500$, then expect that BTC will drop even more towards to 24000 - 23500$
by vazitrades
1
BTC/USDT 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin was trading below 26,000 on Labor Day, as volume in the cryptocurrency market was mostly lower. BTC/USD slipped to an intraday low of 25,817.03 to start the week, following a high of 26,087.15 the day prior. The decline pushed Bitcoin closer to a collision with support at $25,600, however, bulls have so far rejected this retracement. This comes as the 14-day relative strength index (RSI) found a floor of its own at the 35.00 mark, helping to ease the bearish pressure. the index is now tracking at 37.16, with the next visible resistance point at 43.00. In the event that this ceiling is broken, BTC bulls will likely make advancements toward 28,000. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
BTC/USDT 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin continued to trend lower on Saturday, as the bears were once again in control of crypto market sentiment. Following a high of 28,148 on Tuesday, BTC/USD started the weekend falling to a low of 25,362.61. The decline has come as a result of profit-taking, and also the changing economic climate in the United States. Consumer spending is slowing, whilst the labor market remains tight as a result of increasing interest rates. today’s decline pushed bitcoin below a key support point of 25,600, however, bulls have since reentered. BTC is now trading at 25,818.66, with a target of 26,000 likely to be present throughout the weekend. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563