BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) started the week in consolidation as the market remains hopeful of a deal to raise the debt ceiling in the United States.
BTC/USD fell to a one-day low of 26,549.73, less than 24 hours after hitting a high of 26,986.08.
Monday's move is the third day in a row that BTC has traded below the 27,000 mark.
From the charts, it appears that BTC has now found a solid floor at 26,300, with the price hovering slightly above that point.
To make a significant move, it needs to break the upper limit of 44.00 on the Relative Strength Index (RSI) or the support at 39.00.
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Btcshort
BTCUSD Rdy for 44K PUMP🧨🧨🧨In the analysis done for you friends, the trend of Bitcoin will be upward in general, but it must complete wave 4, and from the point of view of Smart Money, it should see $24,920, then continue its upward trend, and wave 5 can give good profits to its shareholders. . After hitting the 24,920 range with a strong trend, we will move to the 32,376 range. After breaking this range, the last target for 2023 is $42,979 to $44,000. So if you are considering selling, I have announced the best range to exit.
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN update by CRYPTO SANDERS.
CHART ANALYSIS:- After a low of 26,600.14, BTC/USD rose to a high of 27,465.93 earlier in the day.
Following the recent breakout, this move saw Bitcoin once again climb above the key 27,300 resistance.
the uptrend also extended further with the 14-day Relative Strength Index (RSI) above the 42.00 range.
price strength is tracking at 44.58, and moving closer to the higher resistance area of 49.00.
If the bulls lead the index toward this point, there is a high probability that BTC will reach 28,000.
I have tried to bring the best possible outcome to this chart.
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Selling Bitcoin at downtrend line.Bitcoin - 24h expiry - We look to Sell at 28495 (stop at 29105)
Trend line resistance is located at 28600.
The bullish engulfing candle on the 4 hour chart the positive for sentiment.
Prices expected to stall near trend line resistance.
We look for a temporary move higher.
A sequence of daily lower lows and highs has been posted.
Our profit targets will be 27005 and 26605
Resistance: 27450 / 27600 / 28000
Support: 26800 / 26400 / 25800
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Bitcoin Daily Price Action AnalysisHello traders, here's my analysis on price action of Bitcoin Daily. Currently we broker the daily uptrend structure which is mentioned as MSB ( Market Structure Break ) from where we are waiting for a replacement towards the golden pocket of Fib.R. I am looking for a short position from there and targeting towards the swing lows with the 21000 range for buying spot bags. DYOR, Don't forget to leave your opinion in comment section and like the idea. Happy Trading !!!.
🐻 BTC, ETH - Bearish Signs, BNB Shines with Upside Potential ☀️Cloudy weather with some sun lies ahead for the global crypto market in the next 24 hours 🌥️, according to ATTMO, a weather-inspired crypto AI forecasting tool. The weather is tropical🌴– very bullish with some upside potential – for Binance Coin in the coming 24 hours.
Both Bitcoin and Ethereum face downside risks 📉 due to a slightly bearish market. Factors such as the possibility of US debt default and regulatory uncertainties in the US have dampened overall crypto sentiment.☔️
Over a one-week horizon, the forecasts remain unchanged for Bitcoin, while Ethereum has a slight upside potential.📈 Dogecoin faces stormy weather ahead, which signals a drawn-out bear market with an imminent market rebound possible.🚀
Follow us for more crypto weather reports!
BITCOIN/USDT UPDATE !!Hello, welcome to this BITCOIN update by CRYPTO SANDERS.
CHART ANALYSIS:- consolidated in today’s session, as markets were preparing for the release of the latest U.S. retail sales figures.
As inflation falls, sales for April are expected to rise by 0.8%, following two consecutive months of declines.
Following an earlier high of 27,646.35, BTC/USD slipped to an intraday low of 26,878.95 on Tuesday.
Price has since rebounded, bitcoin is trading at 27,040.23.
A failed breakout of the 42.00 mark on the relative strength index (RSI) appears to have played a pivotal role in today’s decline.
tracking at 41.06, with a floor at 38.00 a potential target, should momentum continue to depreciate.
I have tried to bring the best possible outcome to this chart.
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BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) jumped back above the 27,000 level to start the week, as sentiment showed glimpses of shifting after last week’s bear run.
Following a low of 26,762.25 on Sunday, BTC/USD raced to an intraday peak of 27,521.62 earlier in today’s session.
The move saw the world’s largest cryptocurrency continue to move away from a floor of 26,500, and a recent two-month low.
Monday’s rise in price sees Bitcoin move higher for a second straight day, breaking out of a ceiling on the relative strength index (RSI) in the process.
price strength is now tracking at 43.66, which is marginally above the aforementioned resistance at 43.00.
Bulls will now likely be looking to reenter the 28,000 level, which was last hit this past Thursday.
I have tried to bring the best possible outcome to this chart.
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Daily BTC 4HChart - resistance and supportHello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price has moved above the local uptrend line, and the EMA Cross 10 and 30 are on the verge of entering an uptrend.
Let's start with the support line and as you can see the first support in the near future is $ 26723, if the support is broken then the next support is $ 26129 and $ 25661.
Now let's move on to the resistance line, as you can see the first resistance is $ 27534, if you manage to break it, the next resistance will be $ 28002 and $ 29382.
Looking at the CHOP indicator, we see that there is still some energy left for further movement, the MACD maintains the local uptrend, while the RSI is approaching the upper limit, which may slow down the growth and give a recovery.
BTCUSDT Short | Retest of HNS Neckline + 4H and 1D 55 EMAEntered a short position on BTC at the 27550.
Looking to ride the short till 25800 and 24800.
Reasons and confluences:
- Head n Shoulders Neckline Retest
- 4H 55 EMA at 27400
- 1D 55 EMA at 27590
- 4H RSI creating hidden bearish divergence; The RSI has been reset and can continue the downtrend.
Invalidation is a hold above 27800. If this happens, we set our sights towards the 28900 mark which is an OB as well as LOADS of liquidations.
BTC 1H bearish channelother leg down perhaps ?
we are currently sitting at a resistance zone in a bearish channel, could we see another move down ?
the bleu zones are bullish fair value gaps where price could reverse
connsider to move your stop loss to break even, when price is your favor.
Trade at your own risk !
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) moved away from a recent two-month low on Saturday, as bulls opted to buy the recent dip.
After falling to a low of 25,878.43 on Friday, BTC/USD rose to an intraday high of 26,989.07 earlier in the day.
Today’s rebound sees bitcoin jump back above a key support point at 26,500, following Friday’s breakout.
From the chart, it appears that this took place as the 14-day relative strength index (RSI) found a floor of its own at 36.00.
price strength is tracking at 37.99, with a ceiling of 43.00 as a possible target.
Should bulls lead the charge to this point, it is likely that Bitcoin will be back above the 27,000 level this 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.
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BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) dropped below the 27,000 level in today’s session, pushing prices to a seven-week low.
Following a high of 27,589.92 on Thursday, BTC/USD slipped to an intraday bottom at 26,166.87.
As a result of this drop, bitcoin fell to its lowest level since March 17, when the price was below the 25,000 mark.
Overall, this latest sell-off coincided with the 14-day relative strength index (RSI) breaking out of yesterday’s floor of 43.00. price strength is tracking at 35.07, which is its lowest point in over two months.
Should momentum continue in this current trajectory, there is a possibility that BTC could move toward 25,000 this 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