Usdt.d(based on NEo wave)I think it may be is bow tie pattern and we can take long positions on btc and eth.
The red line is stop loss and the target is black line!
Btclong
Will BTC continue its dump or it'll surprise everyoneHi dear community members, my lovely and loyal followers, I hope you are fine and make good trades.
I haven't published analyses for 2 months coz I expected #BTC to dump towards 26.5-27K as I mentioned in my tweets/ which you can check on my previous publications.
BTW I warned about this dump back on June 24th when BTC price was 31500/ almost at the top/ but I didn't expect that BTC will go below 26K in any case we haven't seen daily candle close below it)).
Now I'm looking at daily timeframe and as you see BTC cleared/swept all SSL and felt all imbalances below 28.5K, even it took out previous major swing low/EQL/ below 24.7K and hit daily bullish OB. If we measure the recent move from 31,850 to 24.7K it is below 100% projection of previous move from 31059 to 24.7K.
I'm sure BTC bottomed on August 18th at 24.5K and after some types of consolidation between 25-28K, which will last about 2-4 weeks, BTC will start its major impulse move towards 37-38K even higher. I marked upcoming move with pink line.
I also mentioned the most critical level on the chart /RED zone/, which has to be respected by bulls in the worst case to provide upcoming bullish movement otherwise game is over for bulls.
BTC/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bears continued to circle Bitcoin (BTC) to start the weekend, as the cryptocurrency had its biggest one-day decline since the collapse of FTX.
BTC/USD dropped to a low of 25,668.92 on Saturday, which comes less than 24 hours after trading at a high of 26,598.65.
bitcoin remains close to a two-month low, with some traders targeting a breakout below 25,000.
the relative strength index (RSI) is deep in bearish territory, with a current reading of 18.56.
Price strength hasn’t tracked below 20.00 since January last year, which for some was the beginning of the so-called “crypto winter”.
Should there be further declines this weekend, the target will likely be a support point of 24,900.
I have tried to bring the best possible outcome to this chart.
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BTC/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) bears pushed the cryptocurrency to a two-month low on Friday, following the news that Spacex had liquidated its holdings in BTC.
After peaking at 28,525.11 during Thursday’s session, BTC/USD plunged to a bottom at 25,409.11 late last night.
This was the weakest point that Bitcoin had fallen to since June 16, when the price was near a breakout below 25,000
it appears that the sell-off came as the 14-day relative strength index (RSI) fell deep into oversold territory.
The index is now tracking at 20.10, the lowest level it has hit since January 2022, which ironically was when Tesla began to sell off its own holdings in Bitcoin.
Price has somewhat rebounded from earlier lows, and is now trading at 26,041.67.
I have tried to bring the best possible outcome to this chart.
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BTC LONG TERM Since the end of March, the market has been experiencing a low-volume phase .
Currently, even though we observe a potential double top formation, the market is unpredictable.
Our $40,000 expectation remains unchanged, but before that, there are two highly possible scenarios:
1 - Making a new bottom around the $28,300 level and continuing its path.
2 - Performing a liquidity cleanup between $25,250 and $26,000 and continuing its path.
Whichever of these two scenarios unfolds, it will present a buying opportunity for us.
#BTC 🟢 M15 LONG (Bitcoin). Long awaited failure 📣For more than one week, Sellers have been gaining selling positions... Although they haven't reached the main selling zone 32k. But there was an impressive sale .. and at the same time, grandiose discounts for 26.2K, who didn’t have time - he didn’t have time)
On the retest of the M15 imbalance near our D1 Buy Zone, we expect a hike up and a breakout of the long-awaited level of 31K.
Entry price below market opening price.(✔️)
M15 imbalance at the potential of the D1 range.(✔️)
Below the First Buyer of Exchange Options.(✔️)
According to CFTC futures reports, SHORTS prevail so far. 12851/14261 .(⚠️)
input: 26560 (on test/retest)
sl: 26223
tp1: 26898
tp2: 27566
2023-08-18, BTC 1D CHART: Bottom Rocket RefuelingThis month we are witnessing the 2nd refueling to go to the moon estimation of $65K.
This is actual chart (not the logarithmic chart). You would be able to see my same ideas from previous published post.
📈Bitcoin prediction, 26.5K or 31.5K? 📉BINANCE:BTCUSDT
COINBASE:BTCUSD
Hello dear traders
Due to the decrease in trading volume in the last few weeks, I'm going to do some weekly Bitcoin analysis.
In the next few days, Bitcoin is expected to return to the $31,000 range if it holds above the indicated areas (29600-29800).
If the price breaks below the mentioned areas, the price will drop to the level of 28,460 and then 26,500.
✌💥If you are satisfied with my analytical content, please share my ideas💥✌
✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍
🤑🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾🤑
BTC/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) Bitcoin (BTC) was trading in the red for the majority of the day, as price consolidated prior to the release of U.S. retail sales data.
After peaking at 29,660.25 to start the week, BTC/USD fell to a low of 29,272.35 earlier in today’s session.
Since moving above 30,000 on August 8, the world’s largest cryptocurrency has mostly trended sideways.
One reason for a lack of direction appears to be due to the relative strength index (RSI) tracking between a support and resistance of its own.
The index is currently at a reading of 47.57 and has mostly moved between a floor at 47.00, and a ceiling at 49.00 in recent days.
For bulls, a breakout above the 49.00 zone will also likely be the straw needed to break the camel’s back.
I have tried to bring the best possible outcome to this chart.
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$UNFI looks Bullish If break TrendlineNYSE:UNFI looks Bullish If break Trendline
This beast wakeup anytime
Price broke the trend and consolidating above the Trend.
Pump is loading 🚀 ⌛
$RUBE Adam and Eve Pattern Performing in 1dWhat is the Adam and Eve Chart Pattern?
Adam and Eve is a bullish and bearish reversal chart pattern that appears in a downtrend or uptrend. The pattern was first mentioned in the book Encyclopedia of Chart Patterns by Thomas Bulkowski, and until these days, it is a relatively unfamiliar classical chart pattern to many traders worldwide.
In essence, Adam and Eve is a variation of double top and double bottom patterns and is only slightly different from the traditional double bottoms/tops. The pattern is marked by the first bottom or top, the Adam, then the price moves up or down and creates another U-shaped where we can see Eve.
So, instead of having two peaks like in the double top or double top (or three peaks for the triple bottom and the triple top pattern), Adam and Eve is formed by two highs – the first is a peak while the other has a round shape.
Overall, it is an excellent chart pattern to find entry levels as it gives you double confirmation of the price failing to break above or below a specific price level.
$STMX breakout Bullish SymmetricalWhat is a Symmetrical Triangle
A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Trend lines that are converging at unequal slopes are referred to as a rising wedge, falling wedge, ascending triangle, or descending triangle.
KEY TAKEAWAYS
Symmetrical triangles occur when a security's price is consolidating in a way that generates two converging trend lines with similar slopes.
The breakout or breakdown targets for a symmetrical triangle is equal to the distance between the initial high and low applied to the breakout or breakdown point.
Many traders use symmetrical triangles in conjunction with other forms of technical analysis that act as a confirmation.
BTC/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) gave up recent gains on Thursday, as markets reacted to the latest U.S. inflation report.
BTC/USD dropped to an intraday low of 29,376.80 earlier in today’s session, following a peak at 30,093.44 the day prior.
The decline sees Bitcoin retreat from its highest level since July 20, when the price peaked at a level of 30,421.
One of the reasons for the drop appears to be the 14-day relative strength index (RSI) falling below a recent ceiling of 51.00
the index is now tracking at a reading of 50.51, with a floor of 41.00 the next visible target.
In the event that price strength reaches this level, there is a good chance that BTC will fall below the 29,000 mark.
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
Bitcoin tried to go higher but lost the momentum! Down We Go!Bitcoin tried to hit our pink line again and failed.ndicates sellers getting more aggresive and prolly a big push to the downside is to come
Surfing on the danger lineBitcoin is progressing on its red line, a red line that, when it breaks, the possibility of Bitcoin 25 and 23,000 should be raised, and in case of support and growth, the probability of Bitcoin 38,000 should be in mind. In the low time, everything is ready for growth, but the important time is the daily time, which should be looked at in the coming week.
BTC/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) was back in the green on Tuesday, as the cryptocurrency made marginal gains during today’s session.
The move came as Paypal announced its USD stablecoin, which will be hosted on the ethereum blockchain.
Following the news, CEO Dan Schulman said: “Our commitment to responsible innovation and compliance, and our track record delivering new experiences to our customers, provides the foundation necessary to contribute to the growth of digital payments through Paypal USD.”
BTC/USD rose to a peak of 29,402.65 on the news, following a low of 28,724.14 the day prior.
Today’s peak sees bitcoin trade at its highest point since last Wednesday when it was above 30,000.
Tuesday’s rally has also brought the 10-day (red) moving average to the cusp of an upwards crossover with its 25-day (blue) counterpart.
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 Move Is Imminent This Week.Up Or Down ?Bitcoin been showing some sign of strenght but nothing considerable.Another pull back to 28.8 is possible.
Thanks for watching
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) continued to hover near the 29,000 level to start the week, as market volatility was mostly muted on Monday.
After Sunday’s low at 28,963.83, BTC/USD jumped to a high of 29,166.82 earlier in today’s session.
The world’s largest cryptocurrency has mostly been trading between a support level of 28,800 and a resistance of $29,500 for the majority of the last week. the relative strength index (RSI) is also tracking near a floor of its own around the 42.00 mark.
In addition to this, the 10-day (red) moving average has begun to flatline following a downtrend, which is a sign of price stagnation.
Consolidation could likely continue until Wednesday’s inflation report in the United States.
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
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) dropped to below the 29,000 level on Saturday, as traders continued to digest the latest nonfarm payrolls report.
Following a high of 29,302.08 on Friday, BTC/USD slipped to a bottom of 28,885.34 earlier in today’s session.
This was the first time since Tuesday that the world’s largest cryptocurrency had fallen below 29,000.
Saturday’s decline came as the relative strength index (RSI) moved to a long-term support level of 42.00.
The index is currently tracking marginally below this point, as bears attempt to maintain the current downward momentum.
However, the price has since consolidated, and as of writing is trading above today’s low, with a current price of 29,022.59.
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 BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) consolidated around the 29,000 level on Friday, as traders readied themselves for the upcoming U.S. nonfarm payrolls report.
BTC/USD rose to an intraday high of 29,375.71 in today’s session, following an earlier low of 29,066.24.
Earlier gains have since faded, however, with the world’s largest cryptocurrency now trading at the 29,145.77 mark.
The decline comes as the relative strength index (RSI) fell back toward a support point of 42.00.
After hitting a ceiling above 51.00 in recent days, price strength is now tracking at a reading of 43.71.
There is still optimism that bulls could reenter the market after today’s report, with the 29,500 level as an initial target.
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
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) dropped below the 29,000 zone in today’s session, as bulls appeared to have abandoned their positions following Wednesday’s gains.
After peaking at 29,988.00 yesterday, BTC/USD slipped to an intraday low of 28,946.51 earlier in the day.
This comes as the bullish sentiment surrounding Microstrategy’s latest BTC investment seems to have already faded.
In addition to this, the relative strength index (RSI) failed to move past a key ceiling at 50.00, and has bounded off a floor at 42.00.
the index is tracking at 42.79, with BTC climbing back above the 29,000 mark as a result.
Price may now consolidate, as traders’ attention turns to Friday’s nonfarm payrolls report.
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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BTCUSDT 30m Analysis. Signal!!!Hello everyone. i want share my daytrading idea about Bitcoin.
On high timeframe i have some analysis which was bullish and i was waiting some liquidity swing which i have marked. It broke last day high after liquidity swing then went up, now it shows well low for enter long.
I open my long position with good reward 4.5, i think buyers can brake that bearish little trendline. If i will be right the best at the moment is a follow the market and trend which should give me more reward than 4.5.
Good luck!!!
In this idea i will link my analysis at high timeframe of Bitcoin.
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) moved closer to 30,000 on Wednesday, following news that Microstrategy added 12,333 BTC to its books in Q2.
After trading at a low of 28,657.02 on Tuesday, BTC/USD jumped to a high of 29,988.00 earlier in today’s session.
This is the highest point that the cryptocurrency has hit since July 24, which is the last time price traded above 30,000.
After its filings, Microstrategy CFO Andrew Kang said: “Our bitcoin holdings increased to 152,800 bitcoins as of July 31, 2023, with the addition in the second quarter of 12,333 bitcoins being the largest increase in a single quarter since Q2 2021.”
BTC’s 10-day (red) moving average has now started to gradually shift direction, after an extended downtrend.
In addition to this, the relative strength index (RSI) has found a firm support point at the 46.00 level, with price strength now tracking at 47.11.
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
