Btcanalysis
Unique Update Of BitcoinHello, welcome to this BTC /USD 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Bitcoin (BTC) surged to a three-week high on Monday, as prices climbed for a second straight session.
Following a low of $16,940.90 on Sunday, BTC/USD moved to an intraday peak of $17,378.15 earlier in today’s session.
This high is the strongest point that bitcoin has hit since November 11, when the price was at a high of $17,645.
Looking at the chart, today’s surge comes as the 10-day (red) moving average extended its upwards cross of its 25-day (blue) counterpart.
In addition to this, the 14-day relative strength index (RSI) has also moved higher, and as of writing is tracking at 50.40, above its ceiling of 50.00.
Should this upwards momentum continues, it is likely that BTC bulls will be targeting a ceiling of $17,700.
This is not a piece of financial advice.
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Bitcoin started a fresh increase above the resistance!Bitcoin started a fresh increase above the $17,000 - 17,200 resistance levels.
The price is above $16,800 and the 100 hourly simple moving average.
It breaks the bull flag in an upward direction. We see a test of the major resistance area, and let's see if it can break above it. If Bitcoin can break above $18,500, the market will turn bullish. The RSI is now in the overbought zone.
Bitcoin's hash rate is now down 13% from an all-time high, as we've seen more miner capitulation over the last couple of weeks.
A downside break below the $17,000 support might call for a move toward $16,750. Any more losses might call for a test of the key $16,500 support zone in the near term.
Until further notice, we consider the possibility of returning to the area of 16,000 dollars higher than the possibility of climbing beyond 18,000.
We'll update the chart.
📉✌BTC 2H Long Position✌📈BINANCE:BTCUSDT
COINBASE:BTCUSD
Hello traders, first take a look at my previous analysis and positions.
💥Until price is above yellow area, you can open long positions in two steps. (At green marked levels)
The optimum stop-loss is below the determined level.
If the price closes Its 4h candle above daily trendline, the ascending trend can go higher than 17520 to 17850, even near 18K.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌
BTC/USDT 2HOUR UPDATEHello, welcome to this BTC update.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-.BTC break the bull flag in an upward direction as expected. We see a test of the major resistance area and let’s see if BTC is able to break above it. If BTC is able to break above $18,500 then the market will turn bullish
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
BITCOIN: A CLOSE CALL.Hello traders. BTC has been hovering around $17k for the last 3 days. Things look quite steep as BTC is somehow trying to push upward but is unable to break out. If BTC manages to break above the resistance, it will still need to break above the $17.6k resistance and that will be a bigger challenge for BTC. A rejection, on the other hand, will be nerve-breaking because it could either reject up to $16.5k or even worse $15.5k.
As we are a few hours away from the weekly close, all eyes are on the $17.1k resistance level. Let us see whether we will see a breakout or a breakdown.
Thank you for reading.
Trade safely.
Next potential movement?!Bitcoin tested the bull flag upper line but was unable to break. We may see some movement on Monday when global markets open. If it closes its candle below the $16,800 support area, we will see a move toward a major support area.
We can see some volume by Monday's market opening. A breakout of this range will decide the next potential movement.
According to the current probabilities of the CME website, it is more likely that we will face a reduction in the interest rate for the first time in months, which can cause temporary upward movements in the market.
As the market opens, we will do some important analysis tomorrow.
DeGRAM | BITCOIN potential shortBitcoin formed a box after sell off.
Notice how price action is moving: extension, pause, and extension.
We expect further bearish move and break the box then retest the main support
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BTC UPDATE (goes higher)Before this, due to meeting the time and price requirements, I thought that we were inside a diametric. Now that more candlesticks have been done, I think we are in a flat pattern. I think we are now in wave 2 of C of this flat and we can go up again. According to the requirements of the accelerators, I think we should move from the green box to the SUPPLY area.
BTC/USDT 4HOUR UPDATEHello, welcome to this BTC /USDT 4Hr chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-BTC rejected from the horizontal resistance after hunting stops above it by a liquidity grab wick.
Now, it is in no man's land, and the direction is unclear until it will do a solid breakout.
In case of further rejection, there is a possible scenario of creating a higher low above the POC level or above the marked descending trendline.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Bitcoin Chart Analysis...Bitcoin Chart Analysis..
Hey, Guy's. After Long Time. I'm Back.
Candelistick Can LiE But Volume Can't Be Lie. Just Watch This Weekly Chart, 3 More Day's For Weekly Closing. I'm Still Bearish For Long-Term. Until Volume Break Previous Week Volume Bar. So I'm Waiting For My Last Investment.
⚠️ Not Financial Advice ⚠️
BTC/USDT 2HOUR UPDATEHello, welcome to this BTC /USDT 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-BTC bounced with a good volume after doing a breakout of the descending trendline and POC level.
The bulls are showing strength and attempting to break horizontal resistance. An effective breakout above it will affirm a push toward $18,200.
In case of rejection, a retest of the POC level or of the marked descending trendline could be a potential situation.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Bitcoin Historical Reference Map 2022-2024::This chart is a sifting & filtering of data from the previous cycles.
::This is a reference guide made from time and percentages and general price movement spanning from the inception of Bitcoin until present day.
::This was made to be a useful reference and by no means should this chart be interpreted to be an accurate prediction of price and time (although I do believe it may be pretty damn close).
::If you would like to ask any questions about how the chart was constructed, or what information and details were studied to produce this chart please ask me in the comments and I will be more than happy to explain my thought process/how the percentages and times were calculated ETC. Much of this was compiled using information from the LOG chart, but has been presented here using a LINEAR chart because both charts share particular angles of perspective needed for the bigger picture.
Enjoy.
BITCOIN: STILL UNDER THE RESISTANCE.Hello traders, welcome to the new week BTC update in 4 hours timeframe.
After a 4 days sideway move around $16.5k, BTC finally moved downward with the lowest drop at $16k. The current price is trending at $16.3k but is still in danger because the resistance is at $16.5k. I am not pretty sure if BTC can break this resistance level but if it does, It could be a game changer for the market. For now, as it is under the trendline and close to the resistance, it is hard to take any long calls.
Let's see how it will end up by the end of the day. Until then trade safely.
Unique Update Of BitcoinHello, welcome to this BTC /USDT 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Bitcoin (BTC) fell for a fifth straight session on Monday, as the token moved closer to a breakout below $16,000.
BTC/USD slipped to an intraday low of $16,086.36 to start the week, which comes less than 24 hours after hitting a peak of $16,594.41.
As a result of today’s drop, bitcoin moved to its lowest point since last Tuesday, November 22, when the price was at a low of $15,613.
Looking at the chart, Monday’s sell-off intensified once a breakout on the relative strength index (RSI) occurred.
The index, which is currently tracking at 36.89, moved below a recent support point of 38.00 and looks to be heading for a lower floor at 35.50.
Should price strength reach its perceived destination, This will likely lead to BTC falling below $16,000.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you