Get started

Btcshort

BITCOIN 4HOUR CHART UPDATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders. BTC is currently displaying a 4-hour triangle pattern. Recently, it experienced a breakout from this pattern but quickly re-entered the triangle, which shows indecision in the market. The pattern has broken out once again, suggesting the possibility of short-term upward movement. •⁠ ⁠*Triangle Pattern:* BTC has consistently shown a 4-hour triangle formation. •⁠ ⁠*False Breakout:* The previous breakout failed, causing BTC to fall back into the triangle. •⁠ ⁠*Current Breakout:* BTC has broken out again, which suggests a potential bullish trend. BTC is facing strong resistance between *$71,600 and $73,000*. This range is crucial for the next significant move, as overcoming this resistance could lead to further gains. Given the recent breakout, BTC could see a short-term bounce. However, traders should closely monitor the price action around the $71,600 to $73,000 resistance zone for signs of strength or a possible reversal. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
by CryptoSanders9563
BITCOIN CHART UPDATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders. Hello dear traders, we are 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 all, thank you, guys. Current Price: $68,100.01 Bitcoin is trading within an ascending channel, which shows higher highs and higher lows, indicating a bullish trend. Immediate Resistance: Around $72,000 – This level serves as a key barrier that BTC needs to break for further upside. Immediate Support: Around $67,000 – This is the lower boundary of the ascending channel and an important support level to maintain the bullish structure. 21-period SMA (yellow line): BTC is trading close to the 21-period simple moving average, which currently acts as a dynamic support level. 100-period SMA (violet line): Located below the current price, offering additional support. Ascending Channel: White lines indicate an ascending channel, which shows a bullish trend as long as BTC remains within or above the lower range. Potential Breakout: A breakout above $72,000 with strong momentum could lead to a test of higher resistance levels around $74,000 and $76,000. Continuation of the uptrend: If BTC holds its position above the 21-period SMA and breaks above $72,000, we can expect a bullish move towards $74,000 and potentially $76,000. Volume Confirmation: Increasing volume during the breakout will strengthen the bullish scenario. If BTC fails to hold above $67,000, it could signal a break out of the ascending channel, leading to a possible drop to $64,000 and $62,000. Remember:-This is not a piece of financial advice. Stay tuned to us for further updates and analysis. Thank you!
Long
by CryptoSanders9563
BTC/USDT CHART ANALIYSIS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders. Hello dear traders, we are 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 all, thank you, guys. BTC/USDT Analysis – Brief Update BTC is currently moving within an ascending triangle pattern. After being rejected at horizontal resistance, it is now trading above the Ichimoku cloud. Ascending Triangle Pattern: BTC is making higher lows, indicating buying pressure. Horizontal resistance marks an important level to watch. Ichimoku Cloud: Trading above the Ichimoku Cloud indicates bullish sentiment. Possible movement: Bullish Scenario: A bounce off current levels, followed by a breakout above the triangle resistance, would confirm a bullish trend. Neutral scenario: Expect further movement within the triangle, until breakout. Stay tuned for further updates and analysis! Remember:-This is not a piece of financial advice. Stay tuned to us for further updates and analysis. Thank you!
by CryptoSanders9563
#BTC/USDT UPDATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders. Hello dear traders, we are 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 all, thank you, guys. #BTC/USDT quick update Pattern: An inverse head and shoulders pattern has formed in BTC. Recent Highs: BTC recently hit a record high near $72,000. Current Situation: BTC is at an important resistance level. Potential Drop: It looks like BTC could drop closer to $65,000. Pattern Invalidation: If BTC does not fall and moves above the resistance, the chart will be invalidated. Stay tuned for more updates! Remember:-This is not a piece of financial advice. Stay tuned to us for further updates and analysis. Thank you!
by CryptoSanders9563
BITCOIN CHART UPDATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders. Hello dear traders, we are 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 all, thank you, guys. BTC/USDT 4 hour update: This update is based on the 4-hour chart, which provides a shorter-term view than the daily chart. The price is within a broad descending channel, highlighted by two converging trend lines. Recently an attempt has been made to break the upper trend line of the descending channel. Purple line: Possibly represents a longer-term moving average (for example, a 100-period on a 4-hour chart). Green line: Possibly represents a shorter-term moving average (for example, 4-period 200 on a 4-hour chart). The price is currently trading above both moving averages, indicating short-term bullishness. Support: The key support level is at $52,408.76. Resistance: Immediate resistance is around the $69,000 – $70,000 range. BTC has shown strength by bouncing off lower levels and breaking the moving averages. The current price is around $67,119, which is close to an important resistance zone. The chart shows a circular bottom formation in the first half of the year, indicating a potential long-term reversal. An inverted head and shoulders pattern appears within the oval, indicating the possibility of a bullish reversal. If BTC remains above the $68,000 level, consider entering a long position, confirming the breakout. A move above this resistance could lead to further upside, potentially aiming for $70,000 and above. Place stop-loss orders below the recent support level at $64,000 or below the moving average to manage risk. Summary: BTC/USDT is showing bullish signs on the 4-hour chart as it approaches the important resistance level around $68,000. A breakout above this level could signal further upside, potentially leading to a fresh rally. Traders should monitor this level closely and manage their risk with appropriate stop-loss orders. Remember:-This is not a piece of financial advice. Stay tuned to us for further updates and analysis. Thank you!
Long
by CryptoSanders9563
BITCOIN UPDATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders. Hello dear traders, we are 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 all, thank you, guys. The chart provided to you is a daily update for the BTC/USDT (Bitcoin/Tether) trading pair. Here are some key observations and possible interpretations based on the chart: price level: The current price is around 66,951 USDT. The chart shows a range between around 58,000 USDT to 74,000 USDT in the observed period. Trendline: It appears that the price is within a descending channel (marked by two converging trend lines). The upper trendline acts as resistance, while the lower trendline acts as support. moving average: The chart consists of two moving averages: a shorter-term yellow line (possibly the 25-day moving average) and a longer-term blue line (possibly the 100-day moving average). The yellow moving average is above the blue moving average, indicating a possible bullish trend. Recent Price Action: There was a notable rise from the lower support trendline around mid-February. Recently, the price broke above the upper trend line of the descending channel, indicating a possible bullish breakout. Support and Resistance: There is a marked horizontal support line at 52,408.76 USDT. Recent price action suggests the possibility of new support forming around the breakout level. Technical Indicators: The chart does not show specific indicators, but the formation and breakout of the descending channel are important technical patterns. If the breakout sustains, the next resistance level could be around 74,000 USDT. Given these observations, traders can consider the breakout as a signal for a potential long position, but they should also keep an eye on broader market conditions and confirm the breakout with additional technical indicators. 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 profit and losses. So, do your research before investing in this trade. Hit the like button if you like it and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
BITCOIN 1DAY CHART UPDATRE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders. Hello dear traders, we are 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 all, thank you, guys. moving average analysis Moving Average Crossover: 20-day moving average (20MA) and 50-day moving average (50MA) crossover: A bullish signal is given when the 20MA crosses above the 50MA. This crossover indicates upward momentum, indicating the possibility of further increases in the price of BTC. chart pattern analysis Recent Breakouts: Pattern Formation: Upon observing the charts, the recent price movement shows a pattern similar to previous breakouts. Historically, when BTC forms such a pattern, it signals the beginning of a significant rally. The current pattern visible at the top of the chart suggests another possible upside breakout. historical comparison Previous Rally: The last time BTC displayed a similar crossover and pattern, which was followed by a notable rally. Given this historical precedent, we can expect a similar increase this time too. 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 profit and losses. So, do your research before investing in this trade. Hit the like button if you like it and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
Chart Idea - Swing Short on BTCI was bullish on BTC until last Friday before the WAR news broke. It was beautifully making a bullish penant which 70% breaks towards the upside. However, it didn't happen this time and it broke towards downside and confirmed. Since we now got the confirmation of breaking downwards, I am seeing further downside now. Currently trying to bounce from 0.382 fib level ($60K). There is no volume though and structure is really bearish. I believe it should bounce from 0.618 ( GETTEX:52K ) level. IMO, we will be seeing the following levels in next few days/week: Support Levels: 1- Daily EMA 100 - $58673 2- 0.5 fib level - $56188 3- 0.618 fib level - $52000 4- Daily EMA 200 - $50182 (Worst case scenario IMO) We should bounce really hard if we hit 3rd or 4th level of supports.
Short
by smwajeeh
#BITCOIN 1DAY UPDATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders. Hello dear traders, we are 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 all, thank you, guys. On the daily timeframe, the price has remained confined within a significant descending channel pattern for the past two months, with no clear breakout in either direction. However, following a recent false breakout from the lower boundary, the market appears to be regaining momentum for a potential recovery and continuation upwards. The Relative Strength Index (RSI) has been steadily increasing and is now approaching the 50% threshold, indicating a shift towards bullish momentum. The midline of the descending channel now emerges as a critical resistance level, impeding the market from resuming its rally. 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 profit and losses. So, do your research before investing in this trade. Hit the like button if you like it and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
The first TP will be around 58,987, and the second TP is 64250.An interesting development is unfolding on the fifteen-minute timeframe in Bitcoin, indicating readiness for selling and shorting. Due to two candles forming around the $60,000 mark within a fifteen-and-a-half-hour timeframe, along with the formation of a head and shoulders pattern, if the price can break the trend line in the lower timeframe, we can expect the confirmation of the forming head and shoulders pattern and a slight price drop slightly below the Fibonacci 1.618 level at $58,987. However, the intriguing aspect is that since $58,987 is the last candle in the lower timeframe, and there's a candle at $64,250 in the half-hour and one-hour timeframe, there's a high probability that after reaching $58,987, the price drop will quickly reverse and move upwards, hitting the second TP at $64,250, before experiencing another price drop below $58,987.
by khosrooparviz
4
BITCOIN 4HOUR CHART UPDATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders. It looks like BTC is ready to accelerate higher, possibly approaching $65200. Today offers excellent trading opportunities, especially for long positions. Stay tuned for more updates as the situation unfolds. Thank you for your attention, and we will keep you updated on any developments. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
1
BTC/USDT 4HOUR CHART UPDATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders. In the latest analysis of BTC, it's signaling a triangle breakout in the four-hour timeframe. This breakthrough has the potential to propel BTC to approximately $65500. Should BTC rebound from this level, a significant rally could unfold throughout the day. Stay tuned for more updates as the situation develops. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
1
BITCOIN 4HOUR CHART UPODATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders. BTC/USDT analysis, BTC is facing resistance from the Ichimoku Cloud, which is currently retesting above the parallel channel. MA 50 indicates a bullish trend. A successful breakout of the Ichimoku cloud validates bullish sentiment, while a drop below MA 50 signals a potential market correction. Monitoring key indicators is important to navigate the trajectory of BTC. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
BTCUSD Analysis (12th May 2024) Crypto Analysis (12th May 2024) BTCUSD Analysis On the 4 hour timeframe, price has swept the liquidity at 64724.63 level and proceeded to create a CHOCH to the downside. The market followed through by creating another BOS after rejecting a 4 hour OB. There are 2 scenarios i am looking at right now. 1) Price retraces into the FVG and creates a 15 minute CHOCH to continue the sells towards the 57000 Level. Its important to ensure the CHOCH that happens with a body candle close, for extra confirmation. 2) IF price breaks past the FVG and takes out the lower high created, we would have a bullish CHOCH. and i will be expecting a break and retest of the CHOCH level at 63511 level before looking for buys.
BINANCE:BTCUSDShort
by CallistoFX
BTC | Short H4 | Market Exec |Crypto Toppish For NowTechnical Confluences for Trade: - Stochastics are in Overbought Conditions on H4 time-frame - Price action is close to a Resistance Trendline - Price action is close to a 200 EMA (still bearish for now) - Price action is in a consolidation zone - Targeting the 61.8% Fibo retracement Fundamental Confluences for Trade: - Nothing new in the Crypto space to start any new hype to enter the market - Crypto ETF craze has passed; wait for the next one maybe for ETH Suggested Trade: Entry @ Area of Interest 62,700 - 65,300 SL @ 68,042 TP 1 @ 59,200 (Close Half-Position & move SL to Entry level once TP1 is achieved) TP 2 @ 53,685 Risk-to-Reward @ Approx. 2.27 (Depending on Entry Level) ________________________________ Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated! If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies. If you want something analyzed, do drop me a DM. :D ________________________________ Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. Any websites / brokers / applications suggested here are also provided as informational purpose only. ________________________________
Short
by weekendanalyst
BTC/USDT 4-HOUR UPDATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders. Bitcoin has recently crossed the 21 level, then returned above it, now hovering around the upper boundary of the parallel channel (yellow line on the chart). It's maintaining this level presently. BTC may decline around $64000, but if it surpasses this and rebounds from the channel, a significant rally is possible, impacting altcoins positively. Failure to break the channel could lead to another downturn. Thanks for the comprehensive update! I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
1
BTCUSD Analysis (4th May 2024) Crypto Analysis (4th May 2024) BTCUSD Analysis On the 4 hour timeframe, price action has swept the buyside liquidity and created a bearish BOS. There are 2 scenarios i am looking at currently. 1) Price rejects of the 4 hour OB and creates a 15 minute bearish Change of Character. Once it has done that, i will look for another 15 minute bearish BOS to confirm that the bearish orderflow on the 15 minute is aligned to the 4 hour bearishness. 2) Price continues bullish and breaks past the 4 hour OB. If that is the scenario, i want to see a body candle close above the OB, before looking for a break and retest on the 1 hour timeframe to potentially continue higher. Further confirmations like a 5 minute bullish CHOCH after the retest of the OB will give me more confidence to look for BUYS.
BINANCE:BTCUSD
by CallistoFX
!BTC/USDT 4HOUR CHART UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders. Today's BTC update will be concise. Observing the 4-hour chart, it appears that BTC's 21-day moving average has been breached. Consequently, BTC might experience a surge today, potentially influencing its associated legacy markets. However, failure to breach the 21-day moving average on the 4-hour closing could lead to a notable decline in BTC, which may also impact ALTcoins negatively. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
by CryptoSanders9563
BTC/USDT 4HOUR CHART UPDATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders. #BTC/USDT Update: Bitcoin sees massive selloff I have been keeping you updated on the recent movements of BTC and the result is clear. Over the past few days, we have seen a massive dumping of Bitcoin, resulting in a significant drop in its price. Despite ongoing efforts to monitor and analyze the market, selling pressure has intensified, causing a significant decline in the value of BTC. It is important to remain cautious in such times of volatility and uncertainty. Although the current situation may seem challenging, it also presents opportunities for those who are prepared to operate effectively in the market. As always, I will continue to provide updates and insights to help you stay informed and make informed decisions in your trading journey. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
by CryptoSanders9563