#BTC Ready to DUMP ? Bitcoin is getting a lot of rejection around $25,000
I'm Expecting Price to go below $22,000 in the next days.
Btcshort
BTCPERP NEAR FUTURE ANALYSIS (4H Chart)Technical Analysis Summary
BTC /USDT
TREND ANALYSIS
We have 1 Downtrend in red color .
We have 1 Uptrend in Green color .
Be careful trends need to be modified when broken to the new peaks (Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
White levels Levels are very tight stop losses that could be used in high leverage future trading.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
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Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
btc short!!!there is a good possibility for BTC to see lower lvls. I believe we should expect a new low lower than last one to form a nice QM.
BTC 4H SupportBTC 4H support is now at ~$22700-23300
Enter 50% at the current price
and try to set some BUY orders near the support zone
If BTC stays above the trendline,
the Take-Profit target would be 5%, 10%, and 15% from your entry
Cheers
BTCUSDT BEARISH DIVERGENCEHere we can see that BTCUSDT in 1 day time frame is forming a bearish divergence and if the MACD line cuts the signal line we can get a confirmation for the divergence. So we can take SHORT TRADES in any alt coin also the price has a major resistance zone at the current price.
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC ) fell sharply below a high above $25,000 on Friday, as crypto markets moved into consolidation.
BTC/USD dropped to an intraday low of $23,460.76 during today’s session, which comes a day after hitting a high of $25,134.12.
The sell-off seems to have occurred as a result of bitcoin bulls being unable to maintain a breakout of a ceiling at $24,200.
Looking at the chart, the 14-day relative strength index (RSI) also moved back below its own resistance level at 65.00.
As of writing, price strength is currently at a reading of 61.89, which isn’t too far off from a support of 59.00.
BTC has already begun to rebound from its earlier lows, with prices now trading at $23,820.98 at the time of writing.
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
more updates on btc buying more opportunity to buy short position around my line above.
don't do margin or leverage more than double.
trading is all about being patient.
I am currently holding little postion but willing to buy more short position if goes above 23000.
18500 was my first short position.
FED will raise interest rate soon also.
MACE will be very much overbought within next week soon.
btc short setup | $19.2k minimum targetsame setup as eth. wave 1 looks complete. starting wave 2. looking to short to $19.2k minimum target.
$17.5 TP2
BTC !! HOW LOW CAN WE GO !!!?? SHORT SEtup Analysis BTC Broke this trendline and could now be on its way down from here!
Here are some key levels of support/Resistance to look out for on BTC right now!~
Keep it real and frosty out there ladies and gents !!!
LET'S GET THIS CRYPTO !!
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC ) raced to a multi-month high on Thursday, as prices moved closer to the long-coveted $25,000 mark.
Following a low of $22,664.48 on Wednesday, BTC/USD rose to an intraday high of $24,769.24 earlier today.
Today’s move pushes the world’s largest cryptocurrency above a ceiling at $24,200, hitting its strongest point since August 20 in the process.
Looking at the chart, the 14-day relative strength index (RSI) also moved past a ceiling of its own at 65.00
As of writing, price strength is currently at a reading of 69.36, which is its strongest point in nearly two weeks.
The next visible point of resistance appears to be at the 75.00 mark, and should bulls make a run for this level, BTC will likely move well past $25,000.
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 BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC ) remained above $22,000 on Wednesday, with traders continuing to digest the latest inflation report in the United States.
Following a low of $21,632.39 on Tuesday, BTC/USD rallied to an intraday peak of $22,293.14 earlier today.
Today’s move pushes the world’s largest cryptocurrency back toward a key resistance level of $22,500.
Looking at the chart, the 14-day relative strength index (RSI) also appears to be edging closer to a ceiling of its own at 60.00
As of writing, price strength is currently at a reading of 51.96, which is its strongest point in the last seven days.
Should this momentum be maintained, there is a strong possibility that BTC could not only break $22,500 but could also collide with the $23,000 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
BTC ... reaching point of no return.many charts out ther, a bit over rated , but here is also mine. lets see how markets open (weekly close) scary closing SPX/DJI on red.
BTC dump is coming? Hi dear community, I hope you are fine.
I will be short. I will update my ideas about current situation on BTC chart.
I'm looking at 2W BTC log chart by Heikin Ashi candles. I'm comparing 2022 bear market with 2015 coz they are very identical by many factors which I told in my previous analyses.
So as you see after making double bottom with strong bullish div BTC pumped from 15.5K to 24.3K as I had mentioned in my previous analyses. There is huge resistance at 24.5-25K zone/200weekly EMA, range high, diagonal and horizontal resistances, monthly diagonal bearish trendline test etc. Approaching to key resistance bullish candles became smaller/check 3D or W chart/, buying volume was diminishing, the momentum was losing creating multi bear divergences on multi timeframes, as a result of the mentioned the price rejected at 24.3K & dropped to 21.6K filling created imbalance, and FVG zones bellow 22.3K. As you see after bottom, BTC created 3-4 big green Heikin Ashi candles marked in pink box and dumped to the main market structure making HL, at the moment you can notice the same green candles in a pink zone with RSI identical move as it did in 2015)). To be honest , we need this healthy correction putting HL in current structure.
There is weekly FVG zone at 17.2-20.4K zone as well. In coming days and weeks, I expect BTC to dump to the mentioned zone and fill at least 50% of FVG which is 18.7K. More likely 18.5-19K zone will hold not only as a FVG zone but also strong horizontal support and we'll see strong reaction and bounce from that region which will lead the price to new highs)).
If you like my ideas don't forget to like and follow me for further updates. I will appreciate any kind of support.
Also check my other analyses.
BTC to $20k and possibly $16.4kA bear flag was forming last few days and has broken out to the downside.
These days around CPI data i expect a drop to the CME gap at 20k-20.4k
If that happens it could be forming a head and shoulders pattern with a potential bounce to current levels before breaking down with a technical target of $16.4k which was a big support in Q4 2022.
(in between could be a pause at the 0.786 fib level and also great support of $18k)
So if you are looking for long positions: DCA in at $20k, $18k and $16.4k -> this is my plan also.
(Don't DCA all-in though, recession might cause lower lows than Q4 2022. Keep some cash on the side to buy a new bottom)
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC ) continued to trade close to a multi-week low on Monday, as market sentiment remained bearish ahead of the upcoming U.S. inflation report.
Following a high of $22,060.99 on Sunday, BTC/USD dropped to an intraday low of $21,539.50 to start the week.
As a result of the decline, bitcoin remains close to its lowest point since January 20, which is the last time prices were under $21,000.
Looking at the chart, today’s move comes as the 14-day relative strength index (RSI) maintains its proximity to a support point at 44.00.
At the time of writing, the index is currently tracking at 45.80, with a resistance level of 50.00 an ideal target for remaining bulls.
Should this target be captured, bulls could extend this rally, and move to regain market momentum.
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 Short Scenarioupdate for the prev idea - actually it might go a little higher. you get the idea.
personally I would short with a limit order on the blue zone, or short with htf confirmation on red zone. whatever suits you best! GL!
BTC Short Scenarioit's been a while since I last posted.
it only made so much sense I decided to post it!
hope it will help you.
BTC shortRetes the bottom of this broadening wedge?
Price seems to be losing momentum. IMO there's a high likelihood of it coming back down and retesting the bottom trend line.
BtcBtc is heading to 21400 we might retest the trend-line before we go down.
Failure is by going up the trend-line with a good volume.
BTC Short term scenarioHi guys, this is not trading advice and the risk of this position depends on your previous trades, profits, and margins. It's just a scenario in completion of which, I can later explain some educational tips and instructions.
feel free to leave comments and ask your questions.
BTC shortA simple trade idea.
A break below the most recent low forming a new down trend.
RSI is still above 50 but MFI is showing a lot of weakness. I think RSI will soon follow.
I took a trend based fib to find a target at the 1.618 which corresponds nicely to a previous area of support.
Let me know what you think.
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC ) extended recent declines on Friday, with prices falling below the $22,000 mark for the first time in several weeks.
BTC/USD fell to an intraday low of $21,754.13 earlier today, which comes less than 24 hours after trading at $22,770.22.
As a result of this drop, bitcoin moved to its weakest point since January 20, when the price bottomed at $20,865.
From the chart, the sell-off took place following a break out of a resistance level at $22,500, which had mostly held firm since late January.
In addition to this, the 14-day relative strength index(RSI) also dropped, falling to its lowest point in over a month.
After weeks in overbought territory, price strength has started to subside, which could act as a long-term positive for bulls, whose next target will likely be $25,000.
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
