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BTC Market Analysis 29/09/2022BTCUSDT pumped after the breakout of its symmetrical triangle but later it got rejected from the horizontal resistance which was also the main target of this symmetrical triangle. Currently $BTC is now trading above its key support levels which are marked in the chart i drew above. If we see some Bullish Momentum here then there will be a bullish sign for BTCUSDT and overall ALT markets, on the contrary if there is a succesful breakdown below the current demand zone, it will then confirm a bearish move in the BTCUSDT and overall cryptomarket. Let me know what you think! MetaFutures.
by MetaFutures
#BTC/USDT 4Hr UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. BITCOIN UPDATE: -Looking at the 4-hour timeframe, the price is consolidating between the tight range of $18K and $20K. The $20K level recently rejected the price to the downside and appears to be targeting the $18K low again in the near future. The RSI, which demonstrated an overbought signal while the market was testing the $20K resistance level, is now showing neutral values, indicating that the market is in equilibrium in terms of momentum. Considering the higher timeframe downtrend, a breakout below the $18K support remains the most probable scenario, and a continuation of the bear market seems likely. Sorry for my English it is not my native language. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
2
#BTC/USDT 4Hr UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. BTC/USDT UPDATE:-BTC Very Strong Support BTC Is Strong Support Between $18700 to $18500 If BTC Breaks Down Side $18500 Our Chart Will Be Invalid This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits. THANK YOU.
by CryptoSanders9563
3
Bitcoin (BTC) - September 25Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BTCUSDTPERP 1D Chart) - If it rises above 20794.4, the main position is 'LONG'. - The 19424.9-20794.4 section is a quick response section. - If it falls below 19424.9, the main position is 'SHORT'. The question is whether the volatility around September 25 (September 24-26) can move above the uptrend line (1). If it falls below the 17670.0-18374.1 section, it is expected to drop below 15908.2, so you need to think about how to respond. The Stoch RSI indicator is rising, but the price is showing a downward trend. Therefore, when the Stoch RSI indicator starts to show a decline and finds resistance near 19424.9, it is expected that it will lead to further declines. (1h chart) If it does not fall below the downtrend line (1), it is expected to rise. Key points of support and resistance that require a quick response - 20794.4 - 20122.5 - 19424.9 - 18769.1 - 18374.1 - 17670.0 support and resistance 19424.9-19607.9 19116.5-19226.9 18769.1-18895.1 ------------------------------ - big picture I think you need to be supported in the 13K-15K section to gain the strength to rise. So, whether it rises or falls from its current position, both require a short-term response. A full-fledged uptrend is expected to begin when it rises above 29K. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
4
BTC/USDT 4HOUR UPDATEHello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. BITCOIN UPDATE: -The price has been fluctuating in a tight range between $18K and $20K in the last few days, preparing for the next crucial move. A double bottom pattern has been formed at the $18K level recently, which could push the price towards $20K once more. In the event of a bullish breakout, both $22,500 and $24K would be key resistance levels to watch in this timeframe. The RSI indicator is also in a state of equilibrium, as recently, it has been oscillating around 50. The bulls and bears are currently struggling to take control, and the market could break out in either direction. However, considering the higher timeframe bearish trend, a breakdown below $18K is still the more probable scenario. Sorry for my English it is not my native language. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
5
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERSHello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. BITCOIN UPDATE: - Daily chart, the price failed to break the significant bearish trendline last week. The 50-day and 100-day moving average lines located near the $22K level also played their part in pushing the price to the downside. Currently, the market is testing the $18K support area for the third time. However, considering the overwhelming bearish momentum, a break below this significant level is likely. In this case, Bitcoin would record a new lower low in the current bear market, and the price could drop towards the $15K area and potentially further downward in the short-term. The crash would also further prolong the duration of the bear market and bring it close to a full year. Sorry for my English it is not my native language. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
4
Bitcoin (BTC) - September 21Hello? Traders, nice to meet you. If you follow "Follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------------- (BTCUSDTPERP 1D chart) -When falling below 19424.9, the main position is 'Short'. -19424.9-20794.4 section is a quick response section. -When rising to 20794.4 or higher, the main position is 'Long'. On June 18, we touched the 17670.0-18374.1 section and touched it on September 19. Therefore, this time, if the price is maintained in the 17670.0-18374.1 section or more, it is expected to rise. However, since the Stoch RSI indicators are entering the overbeage section, it is necessary to make sure that the price is maintained in the 17670.0-18374.1 section or more than that. It is also necessary to check whether the CCI wire is maintained over the EMA line. In order to switch to the upward trend, it is necessary to maintain the price above the HA-Low indicator. Therefore, it is necessary to rise above the section of 19607.9-19930.6. (To reduce fatigue in looking at the chart, we disabled indicators in the MRHAB-T indicators that inform the support and resistance point.) ------------------------------------ -The big picture In order to gain the power of ascension, I think it must be supported in the 13k-15K section. Therefore, both short -term response, whether rising from the current position or falling, is required. The full -scale rise is expected to start by more than 29K. ------------------------------------------------------ --------------------------------------------------- ** All descriptions do not guarantee losses in investments for reference. ** If you share this chart, you can use the indicators normally. ** MRHAB-T indicators include indicators that display support and resistance points. ** Background color of Long/Short-S indicators: RSI overreagy, overlooked section mark ** Background color of CCI -C indicators: When the short -term CCI line is -100 or less, when it is +100 or more, ** OBV indicators have rewritten by applying the formula to the indicators of OH92. (Thank you for this.) (Short -term STOP Loss is a point where you can preserve or enter additional gains and losses by split transactions. It is a short -term investment perspective.) ---------------------------------------
by readCrypto
8
BTCDOM | ON THE RISEBTCDOM on the rise? what does it mean? Let's understand what BTCDOM means Binance BTCDOM Index is a cryptocurrency price index reflecting the market dominance performance of Bitcoin. The BTCDOM Index is a metric that traders can use to quickly get a sense of Bitcoin's value relative to that of the broader cryptocurrency market. The BTCDOM Index provides insights into the market and can be used as a tool to speculate on Bitcoin’s relative strength against altcoins. Essentially, the index measures the demand for Bitcoin relative to altcoins. In short, When altcoins gain market share relative to Bitcoin, the BTCDOM index loses value. Conversely, when Bitcoin gains market share relative to altcoins, the BTCDOM index will gain value. Technically speaking, the BTCDOM is looking bullish after forming inverse head n shoulder pattern and likely to move upside. What do you think of the idea?
Long
by JustTradeSignals
4
BTC/USDT 4HOUR UPDATEHello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. BITCOIN UPDATE: - 4-hour timeframe, the price broke above the $22.7K resistance level a few days ago but failed to hold above it and dropped back below fairly quickly. The massive drop has paused at the $19.5K support level for now. However, the market structure looks bullish at the moment, and a $21.7K seems probable. In this case, the $17.6K area could be tested once again to determine whether Bitcoin would make a new lower low or not. This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Sorry for my English it is not my native language. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
3
#BTC/USDT 1DAY UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. BITCOIN UPDATE: -bitcoin (BTC) was trading lower in today’s session, as markets continued to react to the latest U.S. inflation report. Following a peak of $22,673.82 on Tuesday, BTC/USD dropped to an intraday low of $19,497.67 earlier today. Markets had expected August’s consumer price index (CPI) to come in at 8.1%, down from 8.5% the month prior. However, with the CPI coming in at 8.3%, traders’ confidence faded, leading to a bloodbath across the crypto market. Looking at the chart, this sell-off took place following a false breakout of the $22,600 resistance point, with prices now hovering around a key support point. As of writing, BTC/USD is trading at $20,164.21, which is marginally below a floor of $20,600. Should bearish sentiment remain throughout the day, we could potentially see traders target a lower support level of $19,300. This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Sorry for my English it is not my native language. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
2
#BTC/USDT 1HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. BITCOIN UPDATE: -As we are seeing in btc that btc got dumped suddenly by forming a Bart pattern and we are now seeing RSI bullish in btc so from here we expect that btc should be pumped what do you think do tell in the comment section This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Sorry for my English it is not my native language. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
6
BTC/USDT 1DAY UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. BITCOIN UPDATE: -Bitcoin (BTC) rose for a sixth straight session to start the week, as sentiment in cryptocurrency markets remained mostly bullish. BTC/USD rose to a high of $22,244.38 earlier in today’s session, less than 24 hours after trading at a low of $21,493.03. Today’s rally sees the token now up by over 12% in the last seven days, with some expecting further surges this week. Looking at the chart, the recent bullish momentum has led to price strength moving towards the overbought territory. As of writing, the 14-day relative strength index (RSI) is currently tracking at 59.67, and this comes following a recent breakout of the 55.40 resistance point. In addition to this, the 10-day (red) moving average is now on the cusp of a cross with its 25-day (blue) counterpart, which could signal further surges in price. This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Sorry for my English it is not my native language. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
1
BTC/USDT 4HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. BITCOIN UPDATE: - BITCOIN 4-hour chart, The price has broken above both the bearish trendline and the $20,500 level after rebounding from the $18K area. Currently, the cryptocurrency is testing the $22K resistance level, and a bullish breakout from this level would pave the way toward $24K. However, the trend seems over-extended. This suggests a bearish pullback toward the $20,500 level – which has now turned into support. Additionally, the RSI indicator, which had been signaling a massive bullish divergence before the reversal, is now demonstrating a clear overbought signal with values above 70%. This further boosts the probability of a short-term pullback. This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Sorry for my English it is not my native language. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
4
BTC taking over soon ?Even though we witnessed the bear market we didn't witness BTC taking over market like the others bear markets but to keep in mind there are so many remarkable events on eth which determines BTC dominance. Breaking out 39 will lead to mega rallies while breaking out 49 % will lead to extreme bear market and beginning of next bull season which is %90 possible when we consider that we are in the bear market and we haven't witnessed the significant loss on altcoins So I'm short on altcoins unless dominance hits 57%
CRYPTOCAP:BTC.DLong
by Flyingblackcat
1
TOTAL2 vs BTC.D - Signs Of Potential Alt Season To Come When you compare Total Altcoin market cap (Crypto market cap excluding BTC) side by side, you can see that when BTC dominance (BTC.D) falls is usually when alt season happens. When BTC.D goes sideways, altcoins tent to do the same or even consolidate for a while, like we've seen for the last year or so. An a chart altseasn is marked in green, consolidation/sideways movement in yellow and in blue is when crypto winter comes. After BTC topped in Dec. 2017, BTC dominance continued to fall as BTC went into a retracement. Altcoins continued to rally into this moment. After that The whole market crashed and BTC dominance rose significant. This is a typical sign of bear market. This time is a bit different. After BTC made first ATH in 2021 and had its first major selloff, BTC dominance started to go sideways while altcoin market cap (TOTAL2) capitulated. BTC dominance than actually continued to go sideways even after whole marked crashed which does show a sign that the bull market, at least for the altcoins is not over. If it would be over, BTC dominance would have to be rising right now a lot, but it doesn't. Instead it is looking like it will continue to crash, which is a very good sign for altcoins. Remember that time is irrelevant here as no one knows for how long and when things will play out. I am very positive that it will come while BTC will slowly be rising into a retracement. DISCLAMER: I am not a financial advisor so non of this should be taken as a financial advise. Be well.
CRYPTOCAP:BTC.D
by AVA37
2
#BTC/USDT 1DAY UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. BITCOIN UPDATE: Last Friday, August’s non-farm payrolls (NFP) was released, which showed that 315,000 jobs were added to the U.S. economy. Although the labor market continues to be the bedrock of optimism in the United States, it has not been enough to avert attention away from the inflationary crisis. Despite the better-than-expected NFP number, bitcoin fell to two months low the day after the data was released, dropping below $18,600. Since then prices of BTC have mostly consolidated, trading between a floor of $19,500 and a resistance of $20,200. However, as of writing this, the token has surged in today’s session, with prices once again moving above $21,000. Some attribute this rally to comments from Fed Chair Jerome Powell, who all but confirmed that rate hikes would continue, until “the job is done”. This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Sorry for my English it is not my native language. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
4
#BTC/USDT 4Hr UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. BITCOIN UPDATE:- 4-hour timeframe, after forming the same continuation correction pattern for the third time and consolidating inside, the price finally broke the lower threshold. This resulted in a massive decline to the $18K support level. This is the most crucial level for the bulls to defend. If the bears successfully push the price below this critical level, another clash for power will likely occur. However, there is a considerable bullish divergence between the price and the RSI indicator in this timeframe. The formation, alongside the sentimental power of the $18K support level, indicates a potential reversal in the next few days. The current question is whether the bulls can hold this support for the fourth time. Next week’s price action could be a clue to determining the outcome. This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Sorry for my English it is not my native language. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
2