BTC low time frame technical analysis The price 26737$ stands as a resistance to break, where BTC has 200 ema on 4H tf and on Daily TF
Shorts are in Priority right now
We can expect now 2 scenarios.
1. BTC comes to 26000$ price level and bounces from 2D FVG level.
2. BTC breaks below 26000$ price level and continues to dump towards to 25450$, which will be the last support level for BULLs.
If we see the 2nd scenario, in this case Alt coins will blood more.
Btcshort
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin fell for a second consecutive day after the U.S. Federal Reserve interest rate decision.
Following a high of 27,289.77 on Wednesday, BTC/USD dropped to a low of 26,703.77 earlier in today’s session.
The Fed’s decision to pause has led to dollar strength, with USD hitting its most substantial level since April versus the British pound.
As a result of the BTC drop, the 14-day relative strength index (RSI) fell below a support point at the 55.00 level.
Price strength now stands at 52.45, and appears to be heading for a lower floor near the 45.00 region.
Should the index fall to this floor, there is a good chance that Bitcoin could be hovering near 26,000.
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BTC/USDT 8HOUR UPDATE BY CRYPTOSANDERS !!Hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin started the day trading marginally lower, as markets prepared for the highly anticipated Federal Reserve interest rate decision.
BTC/USD dropped to an intraday low of 26,918.32 on Wednesday, following a peak at 27,488.76 the day prior.
the FOMC will give an economic forecast, which could provide some forward guidance on future policy decisions.
One of the catalysts for the drop in price was the relative strength index (RSI), which fell below a ceiling at the 60.00 mark.
The index is now tracking around the 57.08 level and is moving towards a support point at 55.00.
momentum remains largely bullish, with today’s decline largely due to profit-taking ahead of the Fed announcement.
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BTC/USDT 4HOUR UPDATE BY CRYPTOSANDERS !!Hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- BTC successfully retested above the descending triangle with a decent volume and it also breakout the Ichimoku cloud. Currently, it is retesting above the Ichimoku cloud and an effective retest would confirm the continuation of the bullish move.
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BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin surged to a multi-week high on Monday, as traders began to anticipate the upcoming Federal Reserve meeting.
BTC/USD rallied to an intraday high of 27,222.98 earlier today, following a low of 26,415.52 the day prior.
bitcoin climbed to its strongest point since August 31, when price peaked at 27,576.
Despite the rise in momentum, bulls may not be satisfied and are likely targeting a ceiling at the 28,000 mark.
Monday’s gain comes as the relative strength index (RSI) jumped past a ceiling of 53.00, and is now residing at 58.25.
A resistance level of 60.00 will likely be the next primary target for bulls in the market.
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BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin remained near a two-week high on Friday, as traders continued to digest the latest US retail sales figures.
Following a low of 26,285.50 on Thursday, BTC/USD rallied to an intraday high of 26,774.62 earlier in today’s session.
This peak saw bitcoin trade at its strongest point since August 31, when the price peaked over the 27,500 mark.
it appears that today’s bullish sentiment comes as the relative strength index (RSI) moved towards a ceiling of 52.00.
price strength is tracking at 51.96, which has led some previous bulls to abandon their positions.
BTC has now retreated to a current level of 26,617.31, however, traders will likely make another run towards 27,000 in the coming days.
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BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin remained in the green for a second consecutive session, ahead of the upcoming U.S. retail sales report. Consumer spending is expected to fall lower, which comes as inflation increased last month.
Following a low of 26,084.80 on Wednesday, BTC/USD surged to a peak of 26,529.50 earlier in today’s session.
Looking at the chart, the surge comes as the relative strength index (RSI) broke out of a ceiling at 45.00.
price strength is tracking at 49.04, which is marginally below a ceiling at the 53.00 mark.
Should it move beyond this, there is a good chance that bitcoin will rise above the $27,000 level in the coming days.
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BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin fell to a three-month low towards the end of Monday’s session, as bears pushed the price below the 25,000 level.
BTC/USD plunged to a bottom at 24,930.30, to start the week, which was its lowest point since June 15.
The world’s largest cryptocurrency has since rebounded, with price peaking at 26,258.05 earlier in the day.
the decline came as the 14-day relative strength index (RSI) briefly moved below support at 35.00.
Bulls have since reentered the markets following the slippage, buying the dip, and pushing price strength to a current reading of 46.50.
The next visible point of resistance appears to be at the 52.00 mark, and should price strength reach this point, BTC will likely be above 26,500.
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BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin started yet another week trading under the 26,000 level, as traders began to prepare for upcoming U.S. economic releases.
BTC/USD slipped to a low of 25,620.46 earlier in today’s session, after ending the weekend at a peak of 25,978.13.
Monday’s decline in price saw bitcoin continue to hover close to a key support point at the 25,600 region.
The slippage comes as the 14-day relative strength index (RSI) moved closer to a floor of its own at the 35.00 mark.
the index is tracking at a reading of 37.09, which comes after failing to break out of a ceiling of 45.00 last week.
Should bulls reject a drop below 35.00, there is a good chance that BTC reverses in the coming days.
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Bitcoin in Weekly Timeframe-Super-CycleHello Guys, as I promised you before, it's a new day to show you the Bitcoin in a Weekly timeframe based on Elliot waves.
Everything is clear and we finished the cycle that included 5 Wave. The first, 3rd, and 5th is bullish, and 2nd and 4th is correction wave.
After a full cycle, we expect to correct waves that include 3 waves.
The first and 3rd in bearish and the second wave has Bullish momentum. we called it ABC.
It's really easy to understand.
Based on my analysis, the A wave begins from 69K to 15K
B wave begins from 15k to 32k
And at this time we are in a C wave that includes 5 microwaves.
The A Wave has a special structure. There are 5 microwaves in the A wave. In Bitcoin, the A wave had a stretched wave in the first microwave. And the 3rd one is not the shortest wave.
B could move complicatedly. It's usually moved in 3 microwaves.
The last one is the C wave.
I expect C wave has 5 microwaves. And could create a divergence at the End of the movement that related to a sign to notify us it's time to buy.
Take it Easy!
The C wave began. So, Watch the market.
I told you everything in the analysis about the daily timeframe. Please refer to my pre-analysis and think about that.
Good Luck
Ho3ein.mnD
BTC/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Volatility was back in cryptocurrency markets on Friday, as bitcoin (BTC) bulls pushed the price above the 26,000 level.
BTC/USD peaked at 26,414.01 earlier in today’s session, however, this was short-lived, as the price now sits at 25,795.12.
Today’s move was the highest BTC has hit since last Thursday, and came following a breakout of a ceiling at 26,400.
previous bulls seem to have immediately liquidated their positions after the price moved beyond this point.
The relative strength index (RSI) also hit a resistance level of its own at 45.00, before retreating to a current reading of 39.18.
this drop shows that market sentiment remains bearish, despite the slight spark seen earlier in the day.
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BTC ShortHello guys,
I think BTC continue down and sooner or later will get liquidity at 24k.
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1- BTC go up to 26500 (Hunt) then downward to 24k
2- BTC slowly go down without getting some hunt and reach the 24k
If you are high risk trader, you can open SHORT from here. And if You are safe trader like me, then wait for some hunt and then open SHORT position.
BTW always do your own analysis before open any position
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin was trading marginally lower on Thursday, as the cryptocurrency moved below a key point of support.
BTC/USD bottomed out at 25,404.36 earlier in the day, less than 24 hours after peaking at 25,953.02.
The decline saw Bitcoin fall under a price floor of 25,600 before bulls intervened to send the cryptocurrency higher.
BTC is now trading at 25,701.34, which sees its price below 26,000 for a third straight day.
Although sentiment has been mostly bearish, price stability has largely remained, with traders so far avoiding a drop under 25,000.
This could be tested as we head towards next week, with several key economic announcements set to be released in the United States.
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BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin’s consolidation continued on Wednesday, as bulls remained on the sidelines, despite the prospect of a “death cross.”
The term refers to an entangling between moving averages, in this instance the 10-day (red) and 25-day (blue) trendlines.
Despite the potential for this to occur, BTC/USD bottomed out at 25,628.61, which is marginally lower than Tuesday’s high of 25,858.37.
price consolidation comes as the relative strength index (RSI), flatlines close to a support of its own at 35.00.
Bulls have so far rejected a move below this point, however, in the event that this occurs, BTC could fall below 25,000.
Longer-term Bitcoiners could be hoping for this, as a means of buying at an even lower rate.
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BTC/USDT 4HOUR UPDATE BY CRYPTOSANDERS !!Hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- 4-hour chart, the recent price action becomes a lot clearer. The market has recently been rejected from the 27,500 short-term resistance level and has been declining towards the 25K support area.
The RSI indicator is also showing values below 50%, emphasizing the current bearish momentum in price. Therefore, if the 25K level breaks down, things can get ugly quickly.
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Bitcoin (BTC) is bearish, DUMP incomingMy Algorithm flasehed a SHORT Signal couple days ago, usually it takes some time until it collapses then.
We can see BTC forming good bearish behaviour, from this point on in the chart i am SHORT, if we again touch and retrace from the 200EMA i will add to my SHORT position.
BTC local movesIts been 5 days BTC is in the range.
Every move up gives good opportunity for Alts to Pump and every move down - Alts immediately bleeding
On LTF BTC can give some bullish moves. We can expect bounce until 26500$ - 27100$ with, high probability, bearish reaction from these price levels. (n.1)
If BTC will manage to close with D candle above 27200$ - then it will bring more chances for continuation of the uptrend. (n.2)
If you see that BTC is closing with 4 H candle below 25500$, then expect that BTC will drop even more towards to 24000 - 23500$