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Btclong

BTC & ETH Comparison where the rally will stop ?Hello Everyone, Welcome Back, Well We anticipated the region for Ethereum to short around 1350 1370 but now as per the Footprints and Positive Delta, we come to know that Ethereum might stay in this range and try to flip it into support for further continuation towards 1500$ having said that there is high possibilities that BTC might do the same as Ethereum did. So far so good no sign of weakness has been spotted in both charts, so becarefull while you shorting an uptrend patience is the name of the game Disclaimer : All information is only for educational and entertainment purpose , do paper trades only.
Long
by TheHedgerss
2
BTC prediction long with entries and tp'sThe chart is pretty straight forward. Presuming we dip down in price due largely in part to the anticipation of CPI results; I'm of the mind that we will tap bottom of the current local ascending wedge , and then build a strong momentum upwards out of the current local trend and at least to the first point ive marked tp1. I am assuming in this scenario, that the CPI results will come back favorable. The current forecast is a lower rate, in turn i hope to see this be a catalyst for a liquidation hunt to the downside where i can catch a solid entry. And finally, when the news is released and the results come back as expected; price SHOULD rise rapidly along with volume . (i have seen opportunity in this moment to catch a strong position as well. Volatility can increase quite violently, sending price in either direction, gifting the opportunity to enter at a possibly much better price point!) As always, not financial advice. But if you were to utilize the price points marked on the chart for your take profit levels, please keep in mind that it would take a VERY strong rally, with a build up of momentum familiar to that of a bull market push. Now even with a bull run that sweeps us out from under our feet, tp4 is really pushing the limit. My opinion stands so that the odds of reaching that height are slim to none, and may be better left out of mind. However, tp2 and tp3 feel like viable targets based on the increase in volatility we are already experiencing. Momentum will follow as we build liquidity this week, and.. WE MAY GET A GLIMPSE OF A BULL RUN BABY!! Good luck everyone. And while ive not included a SL in my chart; understand the R:R ratio you are comfortable with, and choose wisely!! Remember as well my brothers and sisters, our dear old friend is always lurking. And he will hunt down a sloppy stop. Be wary the market maker and lets enjoy this ride!
Long
by AomoriAkuma
BTC/USDT 4HOUR UPDATEHello and welcome to this BTC /USDT chart update by Crypto Sanders. I have tried to bring the best possible result in this chart. Chart Analysis:-BTC attempted to break the horizontal resistance but couldn't able to give a close above it. Now it is again trading below it. Here we've to wait for a successful breakout above the horizontal resistance to confirm a further bullish move. If it continues to reject from here, it will take some correction toward the horizontal support from where we could expect a bounce back. This is not a piece of financial advice. Hit the like button if you like it and share your chart in the comment section. Thank you
by CryptoSanders9563
2
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, 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 ) mostly consolidated on Thursday, as the price failed to break out of the critical level of $17,000 yesterday. Following a high of $16,964.59 on hump day, BTC /USD slipped to an intraday low of $16,789.75 earlier in the session. The drop comes as markets reacted to the latest FOMC minutes, where the Fed has seemingly agreed to maintain interest rate hikes. This comes as the bank expects a more aggressive rise in inflation, forecasting consumer prices to be at 3.5% in 2023, higher than the 3.1% previously expected. Looking at the chart, the decline in price also comes as the 14-day relative strength index ( RSI ) moved below a resistance zone of 51.00. As of writing, the index is now tracking at 49.14 and seems to be moving toward a support level of 46.00. 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
BITSTAMP:BTCUSD
by CryptoSanders9563
2
BTC/USD 1DAY UPDATE BY CRYPTO SANDERSHello, 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) mostly consolidated on Thursday, as the price failed to break out of the critical level of $17,000 yesterday. Following a high of $16,964.59 on hump day, BTC/USD slipped to an intraday low of $16,789.75 earlier in the session. The drop comes as markets reacted to the latest FOMC minutes, where the Fed has seemingly agreed to maintain interest rate hikes. This comes as the bank expects a more aggressive rise in inflation, forecasting consumer prices to be at 3.5% in 2023, higher than the 3.1% previously expected. Looking at the chart, the decline in price also comes as the 14-day relative strength index (RSI) moved below a resistance zone of 51.00. As of writing, the index is now tracking at 49.14 and seems to be moving toward a support level of 46.00. 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
BITSTAMP:BTCUSD
by CryptoSanders9563
2
$450k #BTC Long 23/25 Predicition#BTC WILL hit $450k by 2025, and correct '85% Draw Down' (in 25/26) to the 2021 ATH ($69k). (450,000 - 85% = 67,500) $450k BTC is a 45x from $10k. $1,000 = $100,000 (2025) ==== 85 % Draw Down Narrative (Bearish - $10.3k - $14.6k) If you believe the '85% Draw Down' Narrative, its time to park your cash on go on vacation. Good luck catching wicks! Follow Thread: ==== 75% Draw Down Narrative (Bullish $23k Rally) - BTC Decoupled from the DJI this month. - There is a potential rally to $23k (Catch up to DJI?) BTC could be in a mid cycle bull run and in a corrective 75% draw down phase. BTC is floating between 74% to 77% as of today. If BTC is in mid cycle, BTC will NEED TO: Break the $17.5k resistance, and the $18.6k Resistance for a short bull run to $23.8k IF $23.8k resistance is broken, the 75% Draw Down narrative is in play, and the $10k -$14k BTC holders willbe left waiting for the dip. IF $23.8k fails, $14.6k BTC in route, 85% Draw Down is in play. ==== As of todays date, BTC is on a Knifes edge waiting for a decision. Personally, im Bearish waiting for the 85% Draw Down narrative. If BTC hits $19k, im in for the short to $23k. BTC 75% Draw Down Cycle:
BITSTAMP:BTCUSDLong
by XRP-Jonny
2
BTC/USDT 2HOUR UPDATEHello and welcome to this BTC /USDT chart update by Crypto Sanders. I have tried to bring the best possible result in this chart. Chart Analysis:- The price is still consolidating in a handle. The wicks are showing uncertainty between bulls and bears in between the local support and horizontal resistance. Here we've to sit tight for a successful breakout of the horizontal resistance, which will confirm an upward direction in it. As BTC is trading level by level, if it effectively breakdown the local support, then a range play is expected between the mid-range and local support. This is not a piece of financial advice. Hit the like button if you like it and share your chart in the comment section. Thank you
by CryptoSanders9563
11
BITCOIN: $18K POSSIBLE.Hello guys, welcome to this BTC update in 6 hours timeframe. For the last couple of weeks, BTC has remained less volatile and has moved sideways with 3%-4% of ups & downs. Currently, BTC is in the blue box area and it is an important one because if we see a breakout above the blue zone then $18k is expected. For support, we already have the lower support line at $16.6k. So, BTC has been hovering in this price range for quite some time, and looks like we have reached a point where a breakthrough is a must. Key points: 1. Expected target: $18k. 2. Invalidation point: Close below $16.6k. 3. Confirmation: Breakout above the blue box. Thank you for reading. Stay healthy and trade safely.
BITSTAMP:BTCUSDLong
by Dexter_The_Trader
6