BTC/USD 1DAY UPDATE BY CRYPTOSANDERSHello dear traders, we here 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.
BITCOIN UPDATE: -Bearish sentiment remained in bitcoin (BTC) markets to start the weekend, as they continued to digest the latest nonfarm payrolls (NFP) report.
Following the better-than-expected jobs report, BTC/USD fell to an intraday low of $19,395.79 earlier in the day.
The move pushed the token close to a key support point of $19,200, and as of writing, it is trading close to a six-day low.
Looking at the chart, the 14-day relative strength index (RSI) has also dropped and is also approaching a floor of 45.70.
Despite moving closer to this bottom, the 10-day (red) moving average has recently crossed over its 25-day (blue) counterpart, which is typically a sign of bullish momentum.
Should BTC move to its floor of $19,200, there will likely be an influx of bulls looking to buy this dip, sending prices higher as a result.
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ETH/USDT 1DAY UPDATE BY CRYPTOSANDERSHello dear traders, we here 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 for all, thank you, guys.
ETH/USDT UPDATE:-ETH was supported by the ascending line (in green) again, and increased investor confidence prevented the price from closing below it. The chart currently shows no notable signs of bullish momentum as the sideways trend continues for a second week.
The first obstacle is to break $1,500. (in red). This resistance results from the descending line (in yellow) and the 100-day moving average line (in white) colliding. If the ETH can clear this hurdle, the path to $2000 will be clearer.
As long as Ethereum trades below $1,500, a retest of the green support is not ruled out. Closing below this level may take the asset to the next support level at $1,000.
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BTC/USDT 4HOUR UPDATEHello dear traders, we here 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 for all, thank you, guys.
BITCOIN UPDATE: As stated, Bitcoin is trapped in a consolidation zone between the $18K support level and the substantial resistance at $25K. Meanwhile, the cryptocurrency has initiated a rally towards the descending wedge’s upper trendline.
However, Bitcoin is forming a potential double-top pattern, a well-known bearish pattern. If the neckline is broken, Bitcoin could experience a fall to the $18K level again. Considering the power of the $20K-$21K range and the formation of this double-top pattern, the price will likely fail to surpass the trendline and plunge towards lower price levels.
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#BTC/USDT 2DAY UPDATE Hello dear traders, we here 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 for all, thank you, guys.
BITCOIN UPDATE: BTC breakout long descending trendline, retesting above it and trying to break the MSB level at $20,400.
BTC made a high of $20,475 with a wick, and bulls need a decent volume to breakout this resistance with a good candle close above it to proceed with the bullish force.
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#BTC/USDT 4HOUR UPDATE !!Hello dear traders, we here 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 for all, thank you, guys.
BITCOIN UPDATE:-Bitcoin is now testing the resistance area. If BTC is able to break above this resistance then we see a move towards the $21,500 area. If BTC is rejected from here then we see a downward move towards the major support of the $18,000-$18,500 area.
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BTC/USDT 4HOUR UPDATEHello dear traders, we here 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 for all, thank you, guys.
BITCOIN UPDATE:-BTC again bounced from the 2nd bottom and ascending trendline support that is showing bulls' strength. It is also consolidated in a symmetrical triangle.
MSB (market structure break) level for BTC is $20,400. Here the best play is to play level to level and sit tight for a strong break above MSB level for the bullish affirmation.
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BITCOIN.DOMINANCE 2DAY UPDATE!!Hello dear traders, we here 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 for all, thank you, guys.
BTC .D UPDATE:-BTC.D bounced from the horizontal support, currently facing local resistance and trying to break it.
An upward direction is expected if it successfully breaks out the local resistance. If it happens then we've to be cautious with ALTS.
Another possible scenario is a continuous rejection that would lead to the formation of a double top pattern, which would give a relief rally in ALTS.
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BITCOIN WEEKLY UPDATE !!Hello dear traders, we here 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 for all, thank you, guys.
#BTC/USD UPDATE:-BTC formed a descending triangle and held above the key demand zone. The price is now in a contraction phase and is on the verge of a breakout/breakdown.
A lot of liquidity has been created on both sides, so a trapping move can be expected here to hunt stop losses.
If BTC breakout descending trendline with a good volume then we could expect a move towards $28,805, while a solid breakdown would indicate a move towards the 2019 high of $13,970.
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 own profit and losses. So, do your own research before investing in this trade.
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#ETH/USDT 1DAY UPDATE BY CRYPTOSANDERSHello dear traders, we here 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 for all, thank you, guys.
ETH/USDT UPDATE:-Ethereum (ETH) was also trading low to start the weekend, as a bullish sentiment from yesterday’s Consumer Sentiment data swiftly wore off.
Since hitting a peak of $1,368.74 during yesterday’s session, ETH/USD fell to a low of $1,320.38 earlier in the day.
As a result of this sell-off, the world’s second-largest cryptocurrency dropped below its support point of $1,330.
Currently, the token is trading at $1,325.36, with bulls attempting to climb above this current point of resistance.
Like with bitcoin, Ethereum's 14-day RSI is also consolidating and is hovering below a ceiling of 41.00 as of writing.
The 10-day (red) moving average seems to finally be positioned for a bounce, however, this will likely only occur once the ceiling on the RSI indicator is broken.
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#BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS Hello dear traders, we here 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 for all, thank you, guys.
BITCOIN UPDATE: -Bitcoin (BTC) fell below $20,000 to start the weekend, as bearish sentiment returned following a brief rally late on Friday.
Following the release of the University of Michigan Consumer Sentiment report for September, which showed improvement from the previous month, BTC surged to a peak of $20,109.85.
However, on Saturday, the token slipped to an intraday low of $19,238.12, falling below its floor of $19,300 in the process.
Looking at the chart, the move comes as the 14-day relative strength index (RSI) continues to move away from its ceiling at 49.00.
As of writing, the index is tracking at 45.45, which is close to another support point near the 44.00 regions.
Should this floor hold firm, there is a strong possibility that we could see a rebound, with bitcoin bulls not only taking the price back to $20,000 but potentially above this point.
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TOTAL MARKET CAP 1DAY UPDATE BY CRYPTOSANDERSHello dear traders, we here 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 for all, thank you, guys.
TOTAL MARKET CAP ANALYSIS UPDATE:-
Alts market cap bounced from the rotated rectangular support, trying to break the horizontal resistance.
The last few daily candles closed as a spinning top, which is a sign of indecision between bulls and bears.
So the perfect play is to wait for a breakout or breakdown with a substantial volume, that will confirm the next direction of ALTS.
Some significant support and resistance levels are set apart to act after an effective breakout or breakdown.
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BTC/USDT 1DAY UPDATEHello dear traders, we here 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 for all, thank you, guys.
BITCOIN UPDATE: - BTC is on the verge of a long descending trend line. The RSI is indicating a bullish divergence. October is generally a bullish month, yet the most important bullish confirmation to see is an effective breakout.
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#ATOM/USDT 1DY UPDATE !!Hello dear traders, we here 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 for all, thank you, guys.
Cosmos (ATOM):-
On the other side of the spectrum, another notable mover on Wednesday was cosmos (ATOM), which fell by as much as 10%.
ATOM/USD slipped to a low of $12.69 earlier in today’s session, breaking out of a key support point of $13.40 in the process.
This decline pushed cosmos to its lowest point since September 8, days after the token rallied from the support of $11.55
Looking at the chart, today’s drop comes as the 10-day (red) moving average had a downwards cross versus its 25-day (blue) counterpart.
Should this bearish momentum continue, we could see ATOM on a collision course with a floor of $11.55.
A positive for bulls come in the form of the 14-day RSI, which seems to have found a floor of 44.95, which could help stop the bleeding momentarily.
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#ETH/USDT 1DAY UPDATE !!Hello dear traders, we here 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 for all, thank you, guys.
ETH UPDATE:-Ethereum (ETH) was also subjected to the bearish onslaught, as the token fell below $1,600 the day before the anticipated start of The Merge event.
Less than 24 hours after hitting a high of $1,637.05, the world’s second-largest cryptocurrency dropped to a bottom of $1,446.03 on Wednesday.
The drop in ETH/USD sees the token hit its lowest point in the last week, taking it close to a long-term floor of $1,550.
Bulls have so far resisted a breakout below this point, with many choosing to reenter and buy the current dip.
As of writing, Ethereum is trading at $1,475.08, with bulls likely hoping to take prices back above $1,600.
Many still expect that ETH will rally in upcoming days, remaining optimistic about tomorrow’s Merge, and the long-term implications it could have.
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#USDT.DOMINANCE 30M UPDATE !!Hello dear traders, we here 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 for all, thank you, guys.
DOMINANCE UPDATE:-As we see the Bart pattern forming in the Dominance, the Dominance suddenly dumps and we see bearish RSI in the Dominance, so here we expect the Dominance to Dump. What do you think in the comment section? Tell me
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 own profit and losses. So, do your own research before investing in this trade.
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#BITCOIN 1HOUR UPDATE !!Hello dear traders, we here 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 for all, thank you, guys.
BITCOIN UPDATE:-Like I mentioned in the previous update BTC may bounce from here and the resistance of BTC which is close to $20.1k from where BTC bounced back and BTC fell to its resistance We are back to updating you the same chart from here let's tell you that btc is still trading further of the wedge channel if the channel upside btc breaks then we can see BTC one time $20.7k if btc breaks the lower trend line of the wedge channel so we can see drop in btc thanks stay tuned for updates
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#TOTAL MARKET CAP 6Hr ANALYSIS !!Hello dear traders, we here 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 for all, thank you, guys.
TOTAL MARKET CAP ANALYSIS:- Broke out falling wedge, retesting above it and consolidating in a symmetrical triangle. RSI is in the oversold region, printing bullish divergence. It is also on the verge of symmetrical triangle breakout which will most probably target the first trouble area around $1.028T after a successful breakout.
This is not a piece of financial advice. All investments made by me are at my own risk and I am held responsible for my profits and losses. So, do your own research before investing in this trade.
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#BTC/USDT 4Hr UPDATE. !!Hello dear traders, we here 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 for all, thank you, guys.
BITCOIN UPDATE:-
In the short term, the apparent bullish divergence between the price and the RSI indicator indicates a possible rebound for Bitcoin in the upcoming days. The price must first penetrate the descending trend line (marked yellow).
Considering the mentioned divergence and the strength of the $19K support level, there is an opportunity for a rebound in the short term. A correction towards the $22K level could take place before the next significant drop to attack the $18K threshold again.
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#ETH/USDT 4Hr UPDATE !!Hello dear traders, we here 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 for all, thank you, guys.
ETH/USDT UPDATE:-
Hello, Guys ETH/USDT Update As we can see it was trading inside a wedge pattern and breakout confirm request Now a white parallel channel is acting as strong resistance in front of ETH if it breaks We expect ETH/USDT to be $2k.
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 own profit and losses. So, do your own research before investing in this trade.
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#XTZ/USDT LONG TRADE SETUP #XTZ/USDT LONG TRADE SETUP
LONG ENTRY:-$1.59 - $1.61
STOPLOSS:-$1.56
TARGET:-7% TO 10%
LEVERAGE :-10X TO 20X
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BTC/USDT 4HOUR UPDATE !!Hello dear traders, we here 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 for all, thank you, guys.
BTC 4Hr UPDATE:-
As we can see in the BTC 4Hr update, 100MA resistance has hit the 200MA support trade line so btc bounces up to $25k, then we can see a new bull run, and in the current scenario BTC may bounce from here, then a few more USDT coins will be added.
and BTC 200ma downside break and candle closed and chart is invalid
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#BTC/USDT 2Hr UPDATE !!Hello dear traders, we here 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 for all, thank you, guys.
BTC 6Hr UPDATE !
As I told in the previous update, you can read further in BTC's it is going on
As we can see at the above mentioned chart after a sharp rejection from upper resistance trend line BTC moved to south by 3% and again able to recover towards north and currently facing the resistance level again.
As BTC is suffering to break above which is the most necessary rally above.
Break above will lead BTC towards its upper price level of $25k and rejection will again lead it to drop towards lower support levels.
Let’s see how price perfumes in upcoming hours.
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 own profit and losses. So, do your own research before investing in this trade.
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#BTC/USDT 1HOUR UPDATER !!Hello dear traders, we here 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 for all, thank you, guys.
BTC /USDT UPDATE !
As we can see at the above mentioned chart that nothing has changed in 1hr time frame, BTC still trading at support zone and holding red MA well.
According to current scenario BTC broke a dissenting triangle and currently trading above after a retest a support level.
Until BTC holds this level chances to grow above side are high.
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 own profit and losses. So, do your own research before investing in this trade.
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