CRYPTOCAP:BTC #BTC Possible bearish divergence forming on 4h, If played out Key support areas from here to watch will be $48,644, $47,786, $47,232, $46,623 & $45,622. RSI on 1d looks fine so if this bearish divergence plays out it could be for short term.
4 hr Shooting star close + Rsi divergence etf grayscale offloding btc sell clear downside corrtion move possible china dragon new year impulse move ka correction take down side trades for short term
Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the BTC 1-day update. After Bitcoin's recent setback from the crucial 48K level, the price sought support around the middle boundary of the ascending channel and an important range defined by the important...
BINANCE:BTCUSDT.P Local targets for Bitcoin in February 2024 Possible Targets and explanation idea ➡️12H timeframe Fib is relevant. After bounce from 27 zone we can see drop to 40300 ➡️40300 is a key level what we need to hold forming H&S pattern on 4H ➡️Target for this pattern will be over 46-48k and liquidations over 5 billion ➡️Above we will test...
BTC scalp short setup. Yatırım tavsiyesi değildir herkes kendi işlemini kendi değerlendirsin.
Bitcoin is correcting. It is as simple as that. Here is my input on things: What is on the chart? (Follow the steps) 1) Price rallied back in October 2023, breaking the high of the 13th of July 2023. Throughout this breakout a large untouched daily FVG was formed. 2) Following the rally, price slowed down and created an accumulation structure which plays a huge...
Short Term: Dead Cat Bounce Long Term: Bearish Correction Opinion: BTC will be back in the 30s in a few weeks Bulls will get excited as they already have over a dead cat bounce Once structure is established price will push down When we go back into the 30s the bulls will finally give up Be patient bears
fib, fractal log chart nothing more to say mention that in higher timeframe we also at top of the fib level
Breaking 23.3k after holding 22.3 fairly well, I believe the market is due for one last push of the little volume (relatively) is left since the surge from 17k towards 25-26.3 and finally a healthy correction back to the lower limit support 19-21.2k. And then off we go 30k<
Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the BTC 2-day update. The first head and shoulders that we see has been completed and is pending retest, we can assume that the first head and shoulders can retest 100 MA, and BTC can reach $49000 In the...
After having a decent run for the past 12 months Bitcoin seems to get some relief for the sake of its healthy and strong uptrend movement. So What do we have in the market right now? In this post I will cover the scenarios related to the 1D time frame. As we all know the space we found in crypto is so much dependent on fundamentals the ETF was one big thing...
Hello dear traders, Take care of your positions because of the current situation of the crypto market. According to my analysis on the BTC and many valid indicators and price action, Weakness in bulls power is clear. So I expect to see a correction before the next bullish wave. 47,000$ is a major resistance and is preventing price from going higher, IMO we will...
Analysis: - Support & Resistance - Trend Line Analysis - Liquidity Points T1: Target 1 T2: Target 2 Opinion: I was going to wait to post until the new year but price has enticed me to make my view known! I believe December is going to end as a red month and the beginning of 2024 is going to be rough... We may or may not get a retest to previous swing high...
I think That is it For Bullishness in BTC, Now we can Expect Price to Move Lower.
Don't panic, this was expected. It's not the end of crypto, it's just a healthy correction that we need once and a while to justify a rally in the future. Price cannot always go up even though we wish it was that easy. What is on the charts? (3 steps) 1) The consolidation that had us wonder what was going to happen. (Again we forget that there is also option...
Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:- the rejection from the 48K resistance zone extended, with the price breaking below the lower boundary of the ascending flag, indicating the presence of sellers. However, after a strong breakout, a retracement towards the flag’s lower boundary is underway, potentially completing a...
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In-depth analysis considers various factors: Despite the approaching Bitcoin halving. We consider the following: Acknowledging the historical price surge before the Bitcoin ETF launch, making it resistant to substantial capital investments. Recognising the lack of momentum post-ETF launch and the struggle to breach the upper resistance around 51-52k. ...