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Btcforecast

BITCOIN: AT THE SUPPORT LINE.Hey guys, here's a quick update on BTC. Keep in mind that this is a short-term update so don't compare this with my long tern USDT.D update. Time frame: 4 hours. Update: In my previous update, BTC had slight support at $20.5k but we clearly saw that it didn't hold. The daily close on the other hand was around $19.9k which was expected after the breakdown. Current Scenario: BTC is hitting the $19.5k-$19.6k support range. If this is strong support then we can expect a bounce-back soon. Also, we need to keep in mind that BTC is forming a bearish flag pattern which isn't a good sign for the market. We may expect another bounce-back but it may not hold it for long. Key levels: $19.5k to $19.6k is an important support for BTC. Conclusion: If BTC bounces back, we will enter long and if BTC breaks down below, we will short the market. I am expecting a short-term bullish rally in the market soon. So, keep your eyes wide open. Trade safely and as always like, comment, and follow for more. Thank you.
Long
by Dexter_The_Trader
7
#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. #BTC/USDT UPDATE ! As mentioned in our most recent analysis, the triangle pattern could turn into a continuation or a reversal pattern, depending on the direction the price breaks out. Given that the price has broken the triangle to the upside, a short-term pullback to the triangle’s upper boundary and a new rally to the $28K is the possible scenario for Bitcoin. However, we should always consider the option of a bull trap, where the price gets rejected from this range and plummet to re-test the $17K-$20K critical zone. If the price breaks below the current 2022 low of $17K – a steep crash towards the $15K mark would be inevitable. Remember:-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
1
#BTC/USDT 2HOUR 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 ! After breaking out a symmetrical triangle, we have seen an excellent bullish volume in it and currently, it is facing horizontal resistance which is around $22600 to $22800. MACD crossover is showing bullish momentum. We have some local support around $21600, A solid break above horizontal resistance confirms the continuation of a further bullish trend in it. Remember:-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
4
#BTC/USDT 2HOUR UPDATE BY CRYPTOSANDERS !!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 ! As I mentioned in my previous chart that BTC will bounce from the retest level of the triangle pattern at a level of $19300 and it performed well. As BTC bounced 7.5% from $19300 and got rejected from the resistance level of $20500. In the current scenario, BTC is trading above a green support zone at the price level of $20k. Here BTC needs to hold this level and break above this resistance level to rally towards the price level of $21700. If BTC is able to break above the resistance level then we will see more green candles in ALT coins. Candle close below the support zone will lead BTC again to drop at the price level of $19300. Remember:-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
#BTC/USDT 2HOUR 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 ! It bounced after doing a successful retest above descending trendline and accumulation zone. Currently, it is facing horizontal resistance from where we have previously seen a liquidity grab. We've to wait for a solid break above horizontal resistance to confirm the continuation of a bullish trend in it. Remember:-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
1
#BTC/USDT 1HOUR UPDATE !!BTC broke above the triangle pattern and moved upside. Currently, BTC is trading at a resistance level of $19800. BTC needs to break above this resistance zone to gain more % towards the price level of $22k resistance level. Rejection will lead BTC again towards lower price levels.$19500 Remember:-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
#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. #BTC/USDT UOPDATE !! It is moving in a descending channel and accumulating above the fair value gap region. As the price is contracting and gaining momentum for the next breakout move. So we have to wait for a high volume successful breakout which will confirm its next direction. Remember:-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
BITCOIN: READY TO BOUNCE IN A SHORTER TIMEFRAME.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 TRADE SETUP BTC is gearing for a short-term rally. I am expecting $22k to be the target. Entry: $18.9k to $19.45k Stop Loss: $18.5k Targets: $20k $20.8k $21.4k $22k Note: Use 5x to 10x leverage and don't forget to put SL. Accumulate the dip and trade safely. Remember:-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.
Long
by CryptoSanders9563
3
#BTC/USDT 2HOUR 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 is forming an inverted Adam and Eve pattern which is generally a bearish pattern. Because BTC is still holding the $19k support level. We can expect it to reach the $18k level once it breaks below the $18.900 support level. This pattern becomes invalid if BTC breaks out and closes above the $20,500 level. Remember:-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
1