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BTC/USDT 1hr CHART UPDATE!!Hello everyone welcome you all to this exclusive  BTC 1hr chart update. If you find my updates helpful and productive, hit the like button follow and comment your view in the comment section, this motivates me to bring this kind of update regularly. Let’s look into the chart, As we can see from the above-mentioned chart that BTC recalled its previous position after a sharp bounce of 13% from the lower green support level of $21k. In the current scenario, BTC is about to face its local resistance level of $23.8k. MACD also printing slightly lighten green bars and it's about to print a bearish cross over. Here we can see a short pull back to lower levels and bounce towards the price level of $25k. Let’s see how it goes in the upcoming hours. NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update. If you have anything to ask about this analysis you can ask in the comment section. This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR RESEARCH BEFORE MAKING ANY TRADES. Thank you.
BITSTAMP:BTCUSD
by Domino_Crypto
#BTC/USDT 4HR CHART UPDATE !! Hello everyone welcome you all to this exclusive  BTC 4hr chart update. If you find my updates helpful and productive, hit the like button follow and comment your view in the comment section, this motivates me to bring this kind of update regularly. Let’s look into the chart, As we can see in the above-mentioned chart that after rejection from the $24200 level till now BTC meltdown by 14%. In the current scenario, BTC is currently trading at the price level of $21200 on a green support zone. Here regain above is likely in upcoming hours because $21.2k is a strong support zone and it’s holding that level well. A candle that closes below the green support zone will lead BTC again toward the lower trend line support. As FOMC 2 DAYS meeting and FED interest rate report is to be published on (18:00 GMT) , which also somehow impacts the market. Let’s see how it impacts the market after the report's release. NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update. If you have anything to ask about this analysis you can ask in the comment section. This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR RESEARCH BEFORE MAKING ANY TRADES. Thank you.
BITSTAMP:BTCUSD
by Domino_Crypto
BTCUSDT Chart AnalysisCurrently BTC price is $21,410.49. In the 4h chart, previously it's reject from the $23,000 resistance level and breakdown the lower level of the descending triangle. Now retest the 21,000 support level and the lower level of the descending triangle. Other than that current price movement near the 0.618 support line of the Fib Retracement . RSI indicator shows the upward movement from the oversold area. If the 4h candle close above the lower level of the descending triangle we can hope upward movement from that level. Trading is highly risk. Always focus about the risk management. Put less than 2% of your capital and less than the 10 trades per day. 1:2 Risk reword ratio is appropriate. Keep more than 50% win rate. These things are according to my knowledge. This is only for the educational purposes not a financial advice. Do your own research. Trade carefully. Good luck!
by kacsray
#BTC RETESTING UPPER TREND LINE!!Hello everyone welcome you all to this exclusive BTC 4hr chart update. If you find my updates helpful and productive, hit the like button follow and comment your view in the comment section, this motivates me to bring this kind of update regularly. Let’s look into the chart, As BTC performed well and was able to break 4 weeks of resistance, currently resting after a rally of 28%. In the scenario, BTC is likely to retest the upper resistance level of $22700 and bounce towards the upper resistance level of $28k in the upcoming days. BTC needs to hold this level otherwise breaking below will lead BTC again towards its lower price level of $20k. NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update. If you have anything to ask about this analysis you can ask in the comment section. This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR RESEARCH BEFORE MAKING ANY TRADES. Thank you.
BITSTAMP:BTCUSD
by Domino_Crypto
#BTC AT LOCAL SUPPORT!!Hello, community members welcome to another BTC/USDT chart update. As we can see in the above-mentioned chart that after a sharp pump of 12% BTC got rejected from the price level of $21700 resistance level. In the current scenario BTC holding the red MA support well and needs to sustain this level to regain above. Bounce from the current level will lead towards the upper resistance level at the price level of $21.7k. Rejection will lead BTC again towards its lower price levels. Let’s see how it perfumes in the upcoming hours. NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update. If you have anything to ask about this analysis you can ask in the comment section. This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR RESEARCH BEFORE MAKING ANY TRADES. Thank you.
BITSTAMP:BTCUSD
by Domino_Crypto
#BTC/USDT 2HR CHART UPDATE !!Hello, community members welcome to another BTC/USDT chart update. As we can see BTC broke below the lower trend line support and dropped down to the lower support zone. Currently, BTC bounces and printed consecutive green candles, here bulls need to take charge to gain above to get back inside the channel pattern. In the current scenario, BTC is trading in the support zone where it also getting a fib level of 0.618 which is the confirmation of strong support also. Here MACD bands are also on the way for a bullish crossover with a slightly green bar. Here BTC needs to get back inside the channel and re-gain % towards the price level of $20k. If BTC is able to do so then it’s highly likely that we can see BTC again to its $22k price level. Candle close below the lower green support zone will lead BTC towards its lower price levels. NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update. If you have anything to ask relating to this analysis you can ask in the comment section. This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR RESEARCH BEFORE MAKING ANY TRADES. Thank you.
BITSTAMP:BTCUSD
by Domino_Crypto
#BTC/USDT 4HR CHART UPDATE !!Hello, community members welcome to another BTC/USDT chart update. Till now BTC has performed exceptionally well, bouncing from the green support zone and able to regain 10% till now. In the current scenario, BTC is facing a local resistance and needs to close above to carry on its further rally towards the price level of $22.8k which is the main resistance level for now which BTC cannot break above in the last 6 weeks. Here BTC also getting support from RED ma. The rejection or close below this MA support can again lead BTC towards the lower support levels. NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update. If you have anything to ask about this analysis you can ask in the comment section. This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR RESEARCH BEFORE MAKING ANY TRADES. Thank you.
BITSTAMP:BTCUSD
by Domino_Crypto
#BTC/USDT 4HR CHART UPDATE !!As we can see BTC is moving upside down and printing some potential for a short-term rally towards the price level of $22k. MACD is also printing a bullish cross-over. Entry: $19k to $19.4k Stop Loss: $18.3k Targets: $20k $20.8k $21.4k $22k Better use low leverage like 5x to 10x and keep your SL tight because BTC is still not stable. Accumulate the dip. NOTE: This is not financial advice This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR OWN RESEARCH BEFORE MAKING ANY TRADES. Thank you.
Long
by Domino_Crypto
#BTC/USDT 4HR CHART UPDATE !!Hello, community members welcome to another BTC/USDT chart update. If you find this update helpful, shoot the like button follow and share your views in the comment section. As we can see in the chart mentioned above that BTC is still trading inside a falling expanding channel in a sideways mode. BTC currently consolidating between the price range of $18.8k - $21.7k. Here BTC needs a clear break above the price level of $22k to towards upper price levels. Until then we can scalp in USDT pair altcoins because as we know when BTC moves sideways USDT pair coins perform well. IMO, BTC will move upside towards the price level of $22k again one or two more times in this sideways market. NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR RESEARCH BEFORE MAKING ANY TRADES. Thank you.
by Domino_Crypto
#BTC/USDT 4HR CHART UPDATE !!Welcome to this quick chart analysis, if you find this helpful hit the like button and share your views in the comment section. As we can see from the chart mentioned above BTC performed well, bounced from the lower trend line support, and pumped almost 7.5% after a break above the resistance zone. BTC got rejected from the upper trend line support at the price level of $20440 and moving downside. Here B TC should hold the lower trend line support to recover again towards the upside. If any 4hr candle closes below the lower trend line, the next stop will be the lower green support zone, which is $17.6k - $18k. NOTE: This is not financial advice This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR OWN RESEARCH BEFORE MAKING ANY TRADES. Thank you.
BITSTAMP:BTCUSD
by Domino_Crypto
#BTC/USDT 4HR CHART UPDATE !!Welcome to this quick chart analysis, if you find this helpful hit the like button and share your views in the comment section. BTC currently forming a triangle structure and trading on a lower trend line support at the price level of $19k roughly. Here BTC needs to hold this level and recover towards the upper trend line. Candle close below will lead BTC again towards its lower level of $17.5k. Let’s see how BTC performs in the upcoming hours. NOTE: This is not financial advice This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR OWN RESEARCH BEFORE MAKING ANY TRADES. Thank you.
BITSTAMP:BTCUSD
by Domino_Crypto
BTC/USDT 2HR CHART UPDATE!!Hello, community members welcome to another BTC/USDT chart update. If you find this update helpful, shoot the like button follow and share your views in the comment section. As we can see in the above mentioned chart that BTC broke the lower green support zone and moved downside by 7.5% and bounced right from the upper level of the trend line. BTC printed quick green candles of 11% but got rejected from the blue MA again. IMO, BTC will lose some more % and can move down towards the price level of $17k in the upcoming days. Let’s see how BTC performs in the upcoming hours. NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR RESEARCH BEFORE MAKING ANY TRADES. Thank you.
by Domino_Crypto
#BTC/USDT DAILY CHART UPDATE !!Hello, community members welcome to another BTC/USDT chart update. If you find this update helpful, shoot the like button follow and share your views in the comment section. As we can see in the above-mentioned chart that if we consider the falling parallel Chanel pattern then BTC is falling down for the last 233 days after recording a current ATH. Currently, BTC is trading on the lower trend line of parallel Chanel, and consolidation is expected between the price range of $18k - $20.5k. RSI also moving downside by following the parallel Chanel. As we can see bears are in charge and BTC can move down towards the price levels of $16k in the upcoming weeks. Let’s see how it goes in the upcoming weeks. NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR RESEARCH BEFORE MAKING ANY TRADES. Thank you.
BITSTAMP:BTCUSD
by Domino_Crypto
2
BTC/USDT 1HR CHART UPDATE!!Hello, community members welcome to another BTC/USDT chart update. If you find this update helpful, shoot the like button follow and share your views in the comment section. As we can see from the above, mentioned chat that BTC has entered the green support zone and moving downside towards the lower trend line support. This green zone or the lower trend line support will be the best entry zone to go long. But here all we need is a signal of strong reversal which will be the confirmation to go long with SL to save our funds if BTC moves other ways. Candle close below the lower trend line support will lead BTC towards its lower levels. It’s better to wait for the confirmation now. NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR RESEARCH BEFORE MAKING ANY TRADES. Thank you.
BITSTAMP:BTCUSD
by Domino_Crypto
2
Is the bottom in?For me the 2 scenarios on the table right now are highlighted on the above chart in Green (bullish EIW) and Red (bearish EIW) The Green scenario suggests that the ‘bottom’ is already in for BTC, we closed weekly above 19.7k which was vital to this theory. There are also some major bullish indicators on multiple time frames of the charts which should signal the move up to the 32 – 27k region. This will form wave 1 in the bullish (green) scenario with wave 2 coming down to the 786 and holding it as support. We will need to hold this area as support on the larger timeframes for this to provide confirmation and then see a break of the major blue trendline above. The Red scenario suggest that the ‘bottom’ is not in and given the current global market sentiment it is very easy to believe this might be the case. With the S&P500, NDQ and the DJI all looking like they have further downside in them how can BTC not go down further? The move up to previously mentioned 32 – 27k region would be seen as wave 4 and a mere bear market relief rally in a further downtrading market. Although 19.7k held and confirmed as support, this area would break upon the retest closing lower than wave 3 red on the larger timeframes, which would in turn condemn BTC to 14k. As always leave a like and let me know your thoughts.
by jamesdbarnard
2
BTC/USDT 1HR CHART UPDATE!!Hello, community members welcome to another BTC/USDT chart update. If you find this update helpful, shoot the like button follow and share your views in the comment section. As we can see in the above-mentioned chart the relier BTC was following the lower trend line well and was moving upside. At the price level of $21324 BTC broke below the lower trend line and currently retesting below, here some % of consolidation is likely before the weekly close, and BTC can drop down to the green support zone again which is $19500 to $ 19800 and quick bounce towards the price level of $22k - $24k. Let’s see how BTC performs in upcoming hours and how weekly. Candle closes. NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR RESEARCH BEFORE MAKING ANY TRADES. Thank you.
BITSTAMP:BTCUSD
by Domino_Crypto
BTC/USDT 1HR CHART UPDATE!!Hello, community members welcome to another BTC/USDT chart update. If you find this update helpful, shoot the like button follow and share your views in the comment section. As we can see in the above-mentioned chart that BTC broke above the inverse head and shoulder pattern well and bounced above. In the current scenario, BTC is following the lower trend line support well and moving upside. BTC needs to hold this trend line support and bounce above for the continuation of a green upcoming candles. Break below will drop down BTC again towards the lower green support zone. Let’s see how the upcoming hours go for BTC and will it be able to hold this level or not. NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR RESEARCH BEFORE MAKING ANY TRADES. Thank you.
BITSTAMP:BTCUSD
by Domino_Crypto
BTC/USDT 1hr CHART UPDATE!!Hello, community members welcome to another BTC/USDT chart update. If you find this update helpful, shoot the like button follow and share your views in the comment section. As we can see from the above-mentioned chart that till now our previous chart played well. BTC currently trading on a neckline of the INVERSE HEAD AND SHOULDER pattern. In the current scenario, BTC needs a clear break above close and sustain that level to gain some % towards the price level of $23k. Rejection will lead BTC again towards the lowest price levels towards $17.5k. Let’s see how BTC performs in the upcoming hours. NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR RESEARCH BEFORE MAKING ANY TRADES. Thank you.
BITSTAMP:BTCUSD
by Domino_Crypto
BTC/USDT 1hr CHART UPDATE!!Hello, community members welcome to another BTC/USDT chart update. If you find this update helpful, shoot the like button follow and share your views in the comment section. As we can see in the one mentioned chart that BTC is on the way to forming an INVERSE HEAD AND SHOULDER pattern but the right shoulder is still incomplete. A candle close above the blue MA will lead BTC towards the upper trend line resistance which will be the competition of an inverse head and shoulder pattern. Once BTC touches the upper trend line it needs to break above to rally towards the upper price levels of $21500. Candle close below the lower green support will lead BTC to touch the lower price levels of $17500. Let’s see how BTC performs in the upcoming hours till then stay tuned with us to get the upcoming updates. NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR RESEARCH BEFORE MAKING ANY TRADES. Thank you.
BITSTAMP:BTCUSD
by Domino_Crypto