Btcshort
BTC/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) was back in the green on Tuesday, as the cryptocurrency made marginal gains during today’s session.
The move came as Paypal announced its USD stablecoin, which will be hosted on the ethereum blockchain.
Following the news, CEO Dan Schulman said: “Our commitment to responsible innovation and compliance, and our track record delivering new experiences to our customers, provides the foundation necessary to contribute to the growth of digital payments through Paypal USD.”
BTC/USD rose to a peak of 29,402.65 on the news, following a low of 28,724.14 the day prior.
Today’s peak sees bitcoin trade at its highest point since last Wednesday when it was above 30,000.
Tuesday’s rally has also brought the 10-day (red) moving average to the cusp of an upwards crossover with its 25-day (blue) counterpart.
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
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) continued to hover near the 29,000 level to start the week, as market volatility was mostly muted on Monday.
After Sunday’s low at 28,963.83, BTC/USD jumped to a high of 29,166.82 earlier in today’s session.
The world’s largest cryptocurrency has mostly been trading between a support level of 28,800 and a resistance of $29,500 for the majority of the last week. the relative strength index (RSI) is also tracking near a floor of its own around the 42.00 mark.
In addition to this, the 10-day (red) moving average has begun to flatline following a downtrend, which is a sign of price stagnation.
Consolidation could likely continue until Wednesday’s inflation report 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
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) dropped to below the 29,000 level on Saturday, as traders continued to digest the latest nonfarm payrolls report.
Following a high of 29,302.08 on Friday, BTC/USD slipped to a bottom of 28,885.34 earlier in today’s session.
This was the first time since Tuesday that the world’s largest cryptocurrency had fallen below 29,000.
Saturday’s decline came as the relative strength index (RSI) moved to a long-term support level of 42.00.
The index is currently tracking marginally below this point, as bears attempt to maintain the current downward momentum.
However, the price has since consolidated, and as of writing is trading above today’s low, with a current price of 29,022.59.
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
What about Bitcoin, where is the price going?The rebound was a necessary measure of the market, as they came to an extreme level of overbought, this situation could be observed on intraday indices. A bearish divergence has formed, the downtrend continues.
- The market will go down in steps. I expect a more interesting rebound from the level of 0.5, after which I expect a reversal to form from the level of 0.618.
- On the weekly chart, the bearish divergence looks strong and promises a more serious fall in the asset.
- Soon I will attach an analysis to this idea with my more in-depth picture of the Bitcoin market. I will show you from which zones I will take spot purchases.
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) consolidated around the 29,000 level on Friday, as traders readied themselves for the upcoming U.S. nonfarm payrolls report.
BTC/USD rose to an intraday high of 29,375.71 in today’s session, following an earlier low of 29,066.24.
Earlier gains have since faded, however, with the world’s largest cryptocurrency now trading at the 29,145.77 mark.
The decline comes as the relative strength index (RSI) fell back toward a support point of 42.00.
After hitting a ceiling above 51.00 in recent days, price strength is now tracking at a reading of 43.71.
There is still optimism that bulls could reenter the market after today’s report, with the 29,500 level as an initial target.
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
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) dropped below the 29,000 zone in today’s session, as bulls appeared to have abandoned their positions following Wednesday’s gains.
After peaking at 29,988.00 yesterday, BTC/USD slipped to an intraday low of 28,946.51 earlier in the day.
This comes as the bullish sentiment surrounding Microstrategy’s latest BTC investment seems to have already faded.
In addition to this, the relative strength index (RSI) failed to move past a key ceiling at 50.00, and has bounded off a floor at 42.00.
the index is tracking at 42.79, with BTC climbing back above the 29,000 mark as a result.
Price may now consolidate, as traders’ attention turns to Friday’s nonfarm payrolls report.
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
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) moved closer to 30,000 on Wednesday, following news that Microstrategy added 12,333 BTC to its books in Q2.
After trading at a low of 28,657.02 on Tuesday, BTC/USD jumped to a high of 29,988.00 earlier in today’s session.
This is the highest point that the cryptocurrency has hit since July 24, which is the last time price traded above 30,000.
After its filings, Microstrategy CFO Andrew Kang said: “Our bitcoin holdings increased to 152,800 bitcoins as of July 31, 2023, with the addition in the second quarter of 12,333 bitcoins being the largest increase in a single quarter since Q2 2021.”
BTC’s 10-day (red) moving average has now started to gradually shift direction, after an extended downtrend.
In addition to this, the relative strength index (RSI) has found a firm support point at the 46.00 level, with price strength now tracking at 47.11.
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
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin (BTC) was in the green to start the week, with the price trading at its highest point since last Friday.
Traders are optimistic heading into August, which has historically been a bullish month for the cryptocurrency.
BTC/USD hit an intraday high of 29,489.87, which comes following a low at 29,059.50 during Sunday’s session.
Bitcoin bulls rejected a breakout below the 29,000 mark, just as the relative strength index (RSI) closed in on a collision with a resistance level at 46.00.
This ceiling appears to be a major obstacle preventing price from moving towards its obvious target at the 30,000 mark.
At the time of writing, the RSI is tracking at 45.97 with bitcoin at 29,362.66.
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
Kncusdt.P Short Term Targets BINANCE:KNCUSD.P Technical Analysis,
Fib Retracement + Resistence zone
Short Term Targets : 0,65/ 0,60 / 0,55
If we can see Bitcoin can Broke all support zone we keep our knc Targets.
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) continued to trade above the 29,000 mark on Friday, despite bearish pressure intensifying in today’s session.
After hitting a high of 29,520.71 on Thursday, BTC/USD dropped to an intraday low of 29,099.35 earlier in the day.
The move saw bitcoin briefly fall below a support point at 29,200, however, prices have since climbed back above this point.
This latest slippage comes as the 10-day (red) moving average continued its downward cross versus its 25-day (blue) counterpart.
In addition to this, the relative strength index (RSI) neared a breakout below a floor at 41.00, however, it has so far avoided this.
Should this occur, BTC's next possible destination could be 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
bitcoin has a long way before 100kBitcoin broke a major high time frame structure and currently looks to be in a bearish consolidation. Previous support is now resistance as well as the psycological 30k level. This isnt good for short-medium term returns. Theres a lot of talk of a new bear market beginning but that is just noise imo. The stock market looks to be reversing. The question is going to be is this the end of the bear market rally or will it be a healthy bull market pull back.
Ill be looking at 4 levels:
20k (which there is a cme gap)
15.5k(prior local lows)
10k (major psychological level)
and 3-5k range (previous bear market double bottom and ALOT of Liquidity)
Stay safe
Bitcoin to breakdown?Bitcoin - 24h expiry - We look to Sell a break of 29435 (stop at 29835)
Short term bias has turned negative.
A break of yesterdays low would confirm bearish momentum.
Broken out of the channel formation to the downside.
We look for losses to be extended today.
A higher correction is expected.
Our profit targets will be 28435 and 28235
Resistance: 30000 / 30400 / 30800
Support: 29800 / 29540 / 29000
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
BTC ShortAfter doing an analysis on BTC. It is clear that a divergence is being formed which is a very bearish sign. We should expect a pullback to 28400, where I will be opening a speculative long position as FVG area would be filled out and it is in the 0.5 Fib Area so a bounce-back is expected. Long term I am expecting BTC in the 18/20K area for Spot Orders.
Doji, Hammer, Pinbar and 7 Divergences ; Right after anotherSeems like there is a short-term dump incoming;
Weekly timeframe RSI divergence made exactly
under the '"May 2022"' resistance and the 0.5% Fib level ,
And there is 3 confirmative candles. Pinbar candle had made last week ,
a Hammer and a Doji candle had made 2 and 3 weeks ago.
If we make a daily candle closed under 30K ,
28K would be the next major support for BTC ,Even 25K after that . (my opinion)
Also all of the 3day ,daily ,12H ,8h ,6H ,even 4H had made RSI divergence.
I'm Bearish on BTC
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- BTC/USD peaked at 31,814.51 late on Thursday, after trading at a low of 30,486.69 earlier in the day.
Yesterday’s peak is the most vital point Bitcoin has hit since late May last year, the last time price was over 32,000.
BTC has since declined, as traders move to secure gains, resulting in the price now trading at 31,208.15.
This comes as the relative strength index (RSI) failed to break a ceiling of 66.00, and is now tracking at 62.62.
Today’s move also averted a downward crossover between the 10-day (red) moving average and its 25-day (blue) counterpart.
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
#BTC 🔴M5. Short (Bitcoin)In general, the situation is LONG, but since the price went beyond the H4 range and returned back, it looks like a fixation in the range, we can try to take a correction.
Above the market opening price. (✔️)
Imbalance at the border of the H4 range. (✔️)
Price under the First Buyer of Exchange Options. (⚠️)
input: 31541
stop: 31756
tp-1: 31321
tp-2: 30890