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BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS. CHART ANALYSIS:-Bitcoin ( BTC ) started the week in consolidation, ahead of a key week of economic data from the United States. Following a high of $22,497.00 on Sunday, BTC/USD slipped to an intraday low of $22,331.31 earlier in the session. As a result of the move, the world’s largest cryptocurrency sank closer to a recent support point at the $22,300 zone. Overall, the recent rise in bearish sentiment has caused bitcoin to fall by as much as 5% in the last seven-day period. A downward crossover between the 10-day (red), and 25-day (blue) moving averages has also transpired, which could be a sign of further sell-offs to come. One positive comes in the form of the 14-day relative strength index (RSI), which is currently tracking above a floor at the 42.00 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.
BITSTAMP:BTCUSD
by CryptoSanders9563
2
Bitcoin Try to regain 23.7 On WeekendBitcoin legdown around 5% and bounced back from the yellow support line which it touched before ( on the first dump) Please support and motivate me by Boost,Follow,Comment Usually a Friday dump into weekend does not tell me a real move , meaning this could be retraced and even go higher but if it loses 22K more downside is way more possible than up side. The liquidation around 24K is now 5M and high leverage is around 2M around 22.8 Detailed explanation on video Also if you want to talk about trades leave a comment Thanks for watching
BINANCE:BTCUSD.PShort
by pcmonk
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS. CHART ANALYSIS:-Bitcoin ( BTC ) plunged further into the red on Friday, as markets reacted to fallout surrounding Silvergate. The crypto bank recently announced that it wouldn’t be able to file its annual report to the Security and Exchange committee, whilst hinting at its “ability to continue (operating).” BTC/USD slipped to an intraday low of $22,241.78 earlier in the day, less than 24 hours after trading at a high of $23,540.16. As a result of the move, bitcoin has now fallen to its weakest position since Valentines day, on February 14. However, instead of a pool of roses, Friday’s red wave has washed through the markets, leading to a huge shift in price strength. At the time of writing, the relative strength index (RSI) is tracking at 42.91, which is its lowest point since January 1. 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.
BITSTAMP:BTCUSD
by CryptoSanders9563
2
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS. CHART ANALYSIS:-Bitcoin ( BTC ) rebounded on Wednesday, which comes in the aftermath of the latest U.S. consumer confidence report. Confidence fell to a reading of 102.9 in February, less than the 108.5 sum that markets had anticipated. Following a low of $23,077.65 on Tuesday, BTC/USD surged to an intraday peak of $23,880.63 earlier in the day. The move pushed bitcoin marginally past a long-term resistance level at $23,800, hitting a five-day high in the process. Another slight breakout occurred on the 14-day relative strength index (RSI), which climbed beyond a ceiling at 54.00. At the time of writing, the index is tracking at 55.02, with the next visible resistance zone at the 60.00 level. 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.
BITSTAMP:BTCUSD
by CryptoSanders9563
4
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS. CHART ANALYSIS:-Bitcoin ( BTC ) fell for a second straight session on Tuesday, as prices flirted with a breakout below $23,000. BTC/USD moved to an intraday low of $23,205.88 earlier in today’s session, which comes less than 24 hours after hitting a high of $23,857.89. The move comes after bulls were unable to jump back above the $24,000 mark on Monday, with bears using this as an opportunity to reenter. Looking at the chart, the 14-day relative strength index (RSI) also failed to break out of the resistance of its own at 53.00 At the time of writing, the index is trading at 52.46, with bitcoin slightly higher than its earlier low. BTC is now trading at $23,466.92, with a move back toward $23,800 still on the cards. 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.
BITSTAMP:BTCUSD
by CryptoSanders9563
BTC can break resistance line of channel and continue to growHello traders, I want share with you my opinion about Bitcoin. When observing the chart, we can see how Bitcoin entered the downward channel and is currently trading inside. Inside the channel, the price created a buyer zone, which it tested several times, bounced off it and begin to move up. Now the price is close to the resistance line of the channel and can continue to rise and break through it. After a possible braekout resistance line of channel, the price can continue to move upwards. So, based on this analysis, I see 2 goals for Bitcoin at level 23785 and resistance area 24450-24590. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
12
Bitcoin Golden Cross - Bullish Move to $33,000The 50-day moving average just crossed above the 200-day moving average, a popular bullish signal in the crypto and financial trading world. Bitcoin dropped back to the $22k area (zone of the cross) and found pretty healthy support, from which it bounced back up strongly and made for the $25k mark. $25k proved a stronger resistance than the bulls previously, though. Now letting out some steam, the bulls (or, shall I say, 'the manipulators') are gearing up for another try at the 25k resistance. Remember that this is a long forecast on BTC, but it is short-term. A sharp spike upwards to $33k, then a flash crash to less than $0.1 and back up to $10k is expected soon (purely off the charts). Fundamentals aside, the strong support provided by the 50-day EMA will give Bitcoin bulls the extra juice they need to break up over $25k.
BITSTAMP:BTCUSDLong
by Soldout_Vin