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.
Btcshort
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.
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BTC ANALYSIS#BTC UPDATE.
#BTC is has now close above the red box daily resistance area and the red box is currently acting as the strong support.For now it is important for btc to closer above the blue box resistance as well in order to continue upside move ,however,we are still in bear trend as we do not have any reversal signal yet.Trade safe and do not use high leverages.
BTC/USDT 4HOUR UPDATEHello and welcome to this BTC /USDT chart update by Crypto Sanders.
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Chart Analysis:-BTC effectively proceeded with its bullish move after breaking out the cup and handle pattern and successfully retesting above the MA100 support.
Presently, it is close to the half-retracement level of the long descending move. This is likewise a previous horizontal resistance level.
The bulls are showing strength. We've to wait for a successful breakout above the horizontal resistance, which would confirm the continuation of the bullish move.
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BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BTC /USD 1DAY chart update by CRYPTOSANDERS.
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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.
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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
BTC/USDT 8HOUR UPDATE BY CRYPTO SANDERSHello 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 is going up level by level. Recently it breakout the cup and handle pattern after hunting stops below the local support. It is rejected from the range high resistance, and now it is trading over the horizontal support, where MA 100 is also acting as support.
A further bullish move is normal if it effectively retests the horizontal support and breakout the range high with a stable volume.
This is not a piece of financial advice.
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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.
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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 bounced from the local support after a successful retest but got rejected after hunting stops above horizontal resistance and MA 200.
It has also formed a cup and handle pattern, which is technically a bullish pattern. Currently, the price is consolidating in a shape of a handle.
A solid breakout of the horizontal resistance would be a bullish continuation sign in it, and the invalidation of the handle is a breakdown of the local support with a retest below it.
This is not a piece of financial advice.
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BTC/USDT 1HOUR UPDATE:-Hello, welcome to this BTC /USDT chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-hello traders welcome to btc 1hr update btc is trading inside the parallel channel if btc downside breakdown the parallel channel we can still see btc $16600 to $16400 today and if btc breakouts the parallel channel today we can see a new high in btc stay connected with us for such updates
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BTC/USDT 4HOUR UPDATEHello, welcome to this BTC /USDT chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-BitcoinBitcoin continues the sideways movement. The market is loading for a big impulsive move. The trading range major support is the $15,000-$15,500 area and major resistance is the $17,800-$18,500 area. Plan your trades accordingly.
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BTC/USDT 4HOUR UPDATEHello, welcome to this BTC /USDT chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Bitcoin respecting the channel trendlines. Still, there is no movement in the market. Bitcoin CME trading is closed till 3rd January so we may not see much movement in the market. Some volatility is expected in the second week of January.
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BTC in 2023Happy new year to Y'all
i am updating my BTC analysis right now we almost done with WAVEE Z which is last wave in A before getting B and it is up to 48K nut my first target will ne 31000 ( will keep you updated once we reach it )
so for short time I think we going to break 15800 and might visit 14-13K as a reversal area
peace :)
BTC/USDT 4HOUR UPDATEHello, welcome to this BTC /USDT chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Bitcoin bounced from the trendline support. The channel is working fine and the trading range continues. There is no volume in the market. The market is giving time to enjoy the new year's eve party. Let's see what the new year brings for crypto.
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Selling BTC Into current swing highs.Bitcoin - 24h expiry - We look to Sell at 16849 (stop at 17051)
Daily signals are bearish.
20 1day EMA is at 16788.
Trading volume is increasing.
We look for a temporary move higher.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
16900 continues to hold back the bulls.
Our profit targets will be 16343 and 16243
Resistance: 16600 / 16750 / 16850
Support: 16500 / 16420 / 16300
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BTC/USDT Possible movement levelsThe chart above shows the price history of Bitcoin.
what idea have try to share here is in before every halving of the BTC price mostly drops to 39-43% & also i have checked some of the drops in between mostly BTC goes to 42%. so if we take this level as retracement or bottom then my areas are marked which will be 95-9800 price that will be touched.
Also you will Notice most of the time that will happened in the Jan-Feb. after that Price goes to there Major Resistance level in that case it could be 20K, after that it will back to test the support level of 155K or 165K now a days we are seeing.
Thats not the Exact will be happened but looking into the history we may say that BTC could touch 10K or lower in Coming weeks of Jan 2023.
Thank you for the privilege of your time in reading my post.
BTC ready to either Pump or Dumpaccording to the chart, BTC is on the ascending trend line in 4H time frame. If BTC break the green area (order Blok) it can goes up and reach our targets. But if its brake down the trend line our Sell position will active, and we can reach our sell targets.
on the other hand, we have ascending Fibonacci channel support and resistance. Pay attention to those area.
be aware: this is not a financial advice. opening any position is on your own risk.
BTC/USDT 4HOUR UPDATEHello, welcome to this BTC /USDT chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-BTC is holding above the ascending trendline support on 8h TF. RSI is in the oversold region and also holding above the trendline support.
The volume is low here and for the confirmation of bullish momentum back in the market, bulls need a solid breakout of the horizontal resistance, where MA100 and 50% retracement level are also acting as resistance.
A sustained breakdown of the ascending trendline support would confirm a downward move toward the horizontal support from where we could expect a bounce back in the market.
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