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#BTC/USDT 4HR CHART UPDATE !!Welcome to this quick chart analysis, if you find this helpful hit the like button and share your views in the comment section. BTC currently forming a triangle structure and trading on a lower trend line support at the price level of $19k roughly. Here BTC needs to hold this level and recover towards the upper trend line. Candle close below will lead BTC again towards its lower level of $17.5k. Let’s see how BTC performs in the upcoming hours. NOTE: This is not financial advice This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR OWN RESEARCH BEFORE MAKING ANY TRADES. Thank you.
BITSTAMP:BTCUSD
by Domino_Crypto
BTC/USDT 2HR CHART UPDATE!!Hello, community members welcome to another BTC/USDT chart update. If you find this update helpful, shoot the like button follow and share your views in the comment section. As we can see in the above mentioned chart that BTC broke the lower green support zone and moved downside by 7.5% and bounced right from the upper level of the trend line. BTC printed quick green candles of 11% but got rejected from the blue MA again. IMO, BTC will lose some more % and can move down towards the price level of $17k in the upcoming days. Let’s see how BTC performs in the upcoming hours. NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR RESEARCH BEFORE MAKING ANY TRADES. Thank you.
by Domino_Crypto
#BTC/USDT DAILY CHART UPDATE !!Hello, community members welcome to another BTC/USDT chart update. If you find this update helpful, shoot the like button follow and share your views in the comment section. As we can see in the above-mentioned chart that if we consider the falling parallel Chanel pattern then BTC is falling down for the last 233 days after recording a current ATH. Currently, BTC is trading on the lower trend line of parallel Chanel, and consolidation is expected between the price range of $18k - $20.5k. RSI also moving downside by following the parallel Chanel. As we can see bears are in charge and BTC can move down towards the price levels of $16k in the upcoming weeks. Let’s see how it goes in the upcoming weeks. NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR RESEARCH BEFORE MAKING ANY TRADES. Thank you.
BITSTAMP:BTCUSD
by Domino_Crypto
2
BTC/USDT 1HR CHART UPDATE!!Hello, community members welcome to another BTC/USDT chart update. If you find this update helpful, shoot the like button follow and share your views in the comment section. As we can see from the above, mentioned chat that BTC has entered the green support zone and moving downside towards the lower trend line support. This green zone or the lower trend line support will be the best entry zone to go long. But here all we need is a signal of strong reversal which will be the confirmation to go long with SL to save our funds if BTC moves other ways. Candle close below the lower trend line support will lead BTC towards its lower levels. It’s better to wait for the confirmation now. NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR RESEARCH BEFORE MAKING ANY TRADES. Thank you.
BITSTAMP:BTCUSD
by Domino_Crypto
2
Is the bottom in?For me the 2 scenarios on the table right now are highlighted on the above chart in Green (bullish EIW) and Red (bearish EIW) The Green scenario suggests that the ‘bottom’ is already in for BTC, we closed weekly above 19.7k which was vital to this theory. There are also some major bullish indicators on multiple time frames of the charts which should signal the move up to the 32 – 27k region. This will form wave 1 in the bullish (green) scenario with wave 2 coming down to the 786 and holding it as support. We will need to hold this area as support on the larger timeframes for this to provide confirmation and then see a break of the major blue trendline above. The Red scenario suggest that the ‘bottom’ is not in and given the current global market sentiment it is very easy to believe this might be the case. With the S&P500, NDQ and the DJI all looking like they have further downside in them how can BTC not go down further? The move up to previously mentioned 32 – 27k region would be seen as wave 4 and a mere bear market relief rally in a further downtrading market. Although 19.7k held and confirmed as support, this area would break upon the retest closing lower than wave 3 red on the larger timeframes, which would in turn condemn BTC to 14k. As always leave a like and let me know your thoughts.
by jamesdbarnard
2
BTC/USDT 1HR CHART UPDATE!!Hello, community members welcome to another BTC/USDT chart update. If you find this update helpful, shoot the like button follow and share your views in the comment section. As we can see in the above-mentioned chart the relier BTC was following the lower trend line well and was moving upside. At the price level of $21324 BTC broke below the lower trend line and currently retesting below, here some % of consolidation is likely before the weekly close, and BTC can drop down to the green support zone again which is $19500 to $ 19800 and quick bounce towards the price level of $22k - $24k. Let’s see how BTC performs in upcoming hours and how weekly. Candle closes. NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR RESEARCH BEFORE MAKING ANY TRADES. Thank you.
BITSTAMP:BTCUSD
by Domino_Crypto
BTC/USDT 1HR CHART UPDATE!!Hello, community members welcome to another BTC/USDT chart update. If you find this update helpful, shoot the like button follow and share your views in the comment section. As we can see in the above-mentioned chart that BTC broke above the inverse head and shoulder pattern well and bounced above. In the current scenario, BTC is following the lower trend line support well and moving upside. BTC needs to hold this trend line support and bounce above for the continuation of a green upcoming candles. Break below will drop down BTC again towards the lower green support zone. Let’s see how the upcoming hours go for BTC and will it be able to hold this level or not. NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR RESEARCH BEFORE MAKING ANY TRADES. Thank you.
BITSTAMP:BTCUSD
by Domino_Crypto
BTC/USDT 1hr CHART UPDATE!!Hello, community members welcome to another BTC/USDT chart update. If you find this update helpful, shoot the like button follow and share your views in the comment section. As we can see from the above-mentioned chart that till now our previous chart played well. BTC currently trading on a neckline of the INVERSE HEAD AND SHOULDER pattern. In the current scenario, BTC needs a clear break above close and sustain that level to gain some % towards the price level of $23k. Rejection will lead BTC again towards the lowest price levels towards $17.5k. Let’s see how BTC performs in the upcoming hours. NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR RESEARCH BEFORE MAKING ANY TRADES. Thank you.
BITSTAMP:BTCUSD
by Domino_Crypto
BTC/USDT 1hr CHART UPDATE!!Hello, community members welcome to another BTC/USDT chart update. If you find this update helpful, shoot the like button follow and share your views in the comment section. As we can see in the one mentioned chart that BTC is on the way to forming an INVERSE HEAD AND SHOULDER pattern but the right shoulder is still incomplete. A candle close above the blue MA will lead BTC towards the upper trend line resistance which will be the competition of an inverse head and shoulder pattern. Once BTC touches the upper trend line it needs to break above to rally towards the upper price levels of $21500. Candle close below the lower green support will lead BTC to touch the lower price levels of $17500. Let’s see how BTC performs in the upcoming hours till then stay tuned with us to get the upcoming updates. NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR RESEARCH BEFORE MAKING ANY TRADES. Thank you.
BITSTAMP:BTCUSD
by Domino_Crypto
#BTC/USDT 2HR CHART UPDATE !!Hello, community members welcome to another BTC/USDT chart update. If you find this update helpful, shoot the like button follow and share your views in the comment section. As we can see in the above-mentioned chart that BTC still trading inside the falling expanding channel pattern on a green support level. Currently, BTC is trading at the price level of $20k and it needs to hold the $19.5k level to remain bullish. Brake below this level will lead BTC again towards the price level of $17.5k. A bounce from this level will lead BTC towards the upper trend line and a break below above will lead BTC towards the price level of $22.8k. RSI currently moving at the range of 48.5% and MACD is printing a bullish cross-over. IMO, BTC is still at a crucial price point so, if you are holding any position then be cautious and keep your SL tight to save your portfolio. NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR RESEARCH BEFORE MAKING ANY TRADES. Thank you.
BITSTAMP:BTCUSD
by Domino_Crypto
#BTC/USDT WEEKLY CHART UPDATE !!Hello, community members welcome to another BTC/USDT chart update. If you find this update helpful, shoot the like button follow and share your views in the comment section. As it is evident that BTC printed a well weekly candle close above the green support zone after retesting the previous ATH. Here it’s clearly noticeable that upcoming weeks are way too crucial for BTC, upcoming weeks will decide BTC’S next move. Candle close below the trend line support will lead BTC to move downside at lower green support which is the $12k price level. IMHO, stay mostly in USDT, still market hasn’t printed a confirmation to get into the market totally, let’s see how BTC performs in upcoming weeks. NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR RESEARCH BEFORE MAKING ANY TRADES. Thank you.
BITSTAMP:BTCUSD
by Domino_Crypto
1
BTC is holding above $20,000 as global global market openCheck out my previous long on BTC BTC is holding above $20,000 as global markets open in green. Bitcoin is trading in the range now where $21,000 is working as resistance and $19,650-$19,750 working as a support level. If BTC is able to break above $21,000 then we see a move towards the major resistance of the $23,000 area. If BTC breaks below $19,650 then we see more downfall in the market. Trade with tight stop loss and wait for BTC's next move.
by phenom118
#BTC/USDT DAILY CHART UPDATE !!Hello, community members welcome to another BTC/USDT chart update. If you find this update helpful, shoot the like button follow and share your views in the comment section. As we can see from the above-mentioned chat that BTC is currently trading inside a falling expanding channel and bounced right from the lower trend line support where BTC also had a support zone. BTC bounced from the support zone after printing another low of $17.6k. Till now BTC pumped almost 19% from the new lowest level. Now, in the current scenario BTC heading towards its resistance level which is $22k. Let’s see how it performs near its resistance zone, a rejection will lead again to touch its new low, and a break above will lead towards the price level of $30k. Here RSI follows the lower trend line well and is expected to continue till its 9% level. MACD currently printing a bullish cross over but a bearish cross-over is likely in the upcoming days. As we all know this time BTC printed a new scenario where BTC retested its previous low for the first time to date. This is also an example that anything can happen at any time so also be cautious. NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR RESEARCH BEFORE MAKING ANY TRADES. Thank you.
BITSTAMP:BTCUSD
by Domino_Crypto
#ETH/USDT 1HR CHART UPDATE !!Hello, community members welcome to another ETH/USDT chart update. If you find this update helpful, shoot the like button follow and share your views in the comment section. As we can see in the above-mentioned chart that ETH is currently trading inside the parallel channel and also following the lower mid-trend line as support. Currently, ETH is moving upside and trading just below the upper trend line. Now, if ETH breaks above, it can trade above and move upside towards the price level of $1300. Rejection from this level will lead ETH again towards its lowest price level which can be $900. MACD also printed a bullish cross-over. Let’s see how ETH performs in the upcoming hours. NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR RESEARCH BEFORE MAKING ANY TRADES. Thank you.
by Domino_Crypto
2
#BTC/USDT 4HR CHART UPDATE !!Hello, community members welcome to another BTC/USDT chart update. If you find this update helpful, shoot the like button follow and share your views in the comment section. As we can see in the above-mentioned chart that BTC broke the channel pattern after a sweet break and retest of an inverse HEAD & SHOULDER pattern. After brake out BTC bounced almost 6% from the neckline of the inverse HEAD & SHOULDER pattern c currently BTC is trading above the blue MA and also a s support of the upper trend line. Now, BTC needs to hold this upper trend line support to move upside. But candle close below will again lead BTC towards the lowest price levels. IMO, the market is still not stable and is way too volatile, be cautious to preserve your funds which is our main duty of ourselves in these uncertain market conditions, and keep your stop loss tight if you are holding any position. NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR RESEARCH BEFORE MAKING ANY TRADES. Thank you.
BITSTAMP:BTCUSD
by Domino_Crypto
#BTC/USDT DAILY CHART UPDATE !!Hello, community members welcome to another BTC/USDT chart update. If you find this update helpful, shoot the like button follow and share your views in the comment section. As we can see from the above-mentioned chart that BTC is on the way to printing its other low. Bitcoin has Been Consolidating in Descending channel pattern for the last 244 days. if BTC is able to sustain and holds this lower trend line again then we can see a fast recovery towards the price level of $34k which is the price zone at the upper trend line resistance. The candle close below will lead BTC to print another low which can be $12k - $18k. NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR RESEARCH BEFORE MAKING ANY TRADES. Thank you.
by Domino_Crypto
1
#BTC/USDT DAILY CHART UPDATE !!Hello, community members welcome to another BTC/USDT chart update. If you find this update helpful, shoot the like button follow and share your views in the comment section. As I mentioned in my previous chart BTC moved downside by 23%. Now BTC heading towards the lower support level of $18k-$19k which is also a previous ATH. Now BTC is almost 19% above the crucial support level. Many things have been changed now, BTC never retested its previous ATH now it's almost there to retest its previous high. BTC also following the lower trend line support and which is also Connecting at the price range between $18k - $19k. A quick bounce is likely in the upcoming days after a sharp wick-off at the price level of $18k. A bounce from the support level can lead BTC again to print a new high, a candle close below the lower support will drop down BTC to a price level of $12k. NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR RESEARCH BEFORE MAKING ANY TRADES. Thank you.
by Domino_Crypto
Bitcoin is under pressure.The Bitcoin exchange rate (BTCUSDT) is at the lower limit of the long-term horizontal range, which took shape after reaching a minimum of 26700 on 12.05.2022. On the H4 chart, the consolidation figure after the downward impulse is most clearly visible. The figure resembles a triangle, which from the point of view of classical technical analysis is a continuation figure of the previous momentum. Our trading strategy signals confirm it, pointing to the current bears superiority. We expect the bitcoins decline to the new minimum and the formation of a bullish divergence on the MACD indicator. After that, growth is possible. How to trade. Sell BTCUSDT (open short) with the first target of 26700. The goal of working out the triangle is around 26500.
Short
by ForbesRatingN1
#BTC/USDT 4HR CHART UPDATE !!Hello, community members welcome to another BTC/USDT chart update. If you find this update helpful, shoot the like button follow and share your views in the comment section. As we can see at the above mentioned chart that till now BTC recoverd well and bounce almost 4.5% from the support level after printing a low of $26800. Currently BTC is trading below the resistance level 2hrs left for a candle close. Candle close above will be great for bulls and it can rally towards the price level of $29k. Rejection from this level will lead BTC to its lower levels which are $22k to $19k. Let’s see how BTC performs in upcoming hours and will it be able to recover more or will get rejection. NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR RESEARCH BEFORE MAKING ANY TRADES. Thank you.
by Domino_Crypto
2
BTCUSDT Channel AnalysisNice to meet you, everyone I'm an alt trader I'm analyzing and recommending things that are similar to my personality among many alt coins ---------------------------------------------------------------------------------------------------------------------- Channel Analysis Beat is currently testing its four-hour pay channel, breaking down If I succeed in the test, I will go down further, and if I fail, I will go back into the channel and try to go up again.
Short
by PH0PH0