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BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:- Bitcoin (BTC) climbed marginally higher on Wednesday after the price bounced off a recent support point. Following a low of 27,216.00 on Tuesday, BTC/USD surged to a peak of 27,632.90 earlier in the day. The move pushed bitcoin further away from a recent floor of 27,200, and closer to a ceiling at 27,800. it appears that the rebound comes as the 14-day relative strength index (RSI), bounced from a support level of its own at 58.00. price strength is now tracking at 60.52, with the next visible point of resistance at 67.00. Should this upcoming ceiling be broken, then there is a good chance that BTC will re-enter the 28,000 zone. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
2
BITCOIN Today Update With Weekly Closing !!Hello friends, welcome to this Bitcoin update from Crypto Sanders. Chart Analysis:- Bitcoin (BTC) started the month trading above the 28,000 level, as traders came in strong to begin “October.” 27,056.29 on Sunday, BTC/USD rose to a peak of $28,488.74 earlier in today’s session. This surge pushed Bitcoin to its strongest point since August 17, when the price was trading at a high of 28,751. the latest rise in momentum comes following a breakout at the 68.00 level on the 14-day relative strength index (RSI). price strength is tracking at 69.44, which is marginally below a higher ceiling of 70.00. Should the indicator move beyond this point, BTC will enter overbought territory, which could be a signal to bears to reenter the market. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
BITCOIN UPDATE !!Hello friends, welcome to this Bitcoin update from Crypto Sanders. Chart Analysis:- Bitcoin remained above the 27,000 level on Friday, following a late rise in bullish sentiment towards the end of Thursday’s session. Following a low of 26,424.95 on Thursday, BTC/USD raced to an intraday high of 27,259.50 earlier in the day. bitcoin rose to its highest level since September 20, when its price peaked at 27,393.00. However, earlier gains have since edged lower, mainly due to a collision in the relative strength index (RSI). the index could not push past a resistance level of 58.00 and has since fallen to a reading of 56.57. Traders could be awaiting the release of this afternoon’s consumer sentiment report in the United States, prior to deciding their next move. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Consider following me for the latest updates and long/short calls on almost every exchange. I also post short mid and long-term trade setups. Thank you.
Long
by CryptoSanders9563
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin was back in the green on Tuesday, as its price rebounded from a multi-week low during yesterday’s session. BTC/USD peaked at 26,421.51 earlier today, which comes following a low of 26,011.47 the day prior. Monday’s low saw the world’s largest cryptocurrency trade at its weakest point since September 13, after dropping below 25,800. it appears that the rebound in price came as a result of the relative strength index (RSI), finding a floor of its own at 45.00. price strength is now tracking at 45.84, with the next visible point of resistance at the 55.00 mark. Should bulls reach the 55.00 level, there is a strong possibility that BTC will move close to the 27,000 zone. 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
Long
by CryptoSanders9563
BTCUSDT's Epic Showdown: Weekly EMA Battle for SupremacyHello Traders! :) In this week's analysis, we witnessed an intriguing battle at the weekly EMA level for BTC. Unfortunately, this level held firm, and we are currently seeing accumulation around the lower boundary of the weekly Market Profile. At this level, we can observe the development of the weekly Market Profile's point of control, signifying a significant equilibrium point. My plan for this week is to make another attempt to break above the weekly EMA level. Currently, a LONG signal has been generated on the Multi-timeframe MACD, indicating a green light for seeking long positions at this juncture. I will initiate the trade after the LONG signal is confirmed by a Heikin Ashi candle. My initial take profit target is set upon reaching the level of the weekly EMA line, with potential for holding the position longer depending on price behavior. I will exit the trade if the price falls below the weekly Market Profile, canceling out potential further losses. Additionally, I will consider exiting the trade if the weekly EMA level is rejected, securing any generated profits. If the price successfully breaches the EMA level and holds, I will consider continuing the trade. Good luck with your trades!
Long
by Vezzeris
7
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- After falling to its lowest point since Monday late in yesterday’s session, bitcoin (BTC) was marginally higher today. BTC/USD fell to a low of 26,389.30 on Thursday, and at the time of writing, has rebounded to 26,641.77. still remains below yesterday’s peak of 26,786.10 and almost 1,000 away from a recent three-week high. The decline comes as the 14-day relative strength index (RSI) fell to a one-week low in the last 24 hours, before finding a stable floor. price strength is tracking at 50.77, which is marginally above the aforementioned support at 50.00. Should bulls opt to reenter after recent days of consolidation, they will likely target the 56.00 level on the indicator. 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
Long
by CryptoSanders9563
3
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin fell for a second consecutive day after the U.S. Federal Reserve interest rate decision. Following a high of 27,289.77 on Wednesday, BTC/USD dropped to a low of 26,703.77 earlier in today’s session. The Fed’s decision to pause has led to dollar strength, with USD hitting its most substantial level since April versus the British pound. As a result of the BTC drop, the 14-day relative strength index (RSI) fell below a support point at the 55.00 level. Price strength now stands at 52.45, and appears to be heading for a lower floor near the 45.00 region. Should the index fall to this floor, there is a good chance that Bitcoin could be hovering near 26,000. 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
Long
by CryptoSanders9563
BTC/USDT 8HOUR UPDATE BY CRYPTOSANDERS !!Hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin started the day trading marginally lower, as markets prepared for the highly anticipated Federal Reserve interest rate decision. BTC/USD dropped to an intraday low of 26,918.32 on Wednesday, following a peak at 27,488.76 the day prior. the FOMC will give an economic forecast, which could provide some forward guidance on future policy decisions. One of the catalysts for the drop in price was the relative strength index (RSI), which fell below a ceiling at the 60.00 mark. The index is now tracking around the 57.08 level and is moving towards a support point at 55.00. momentum remains largely bullish, with today’s decline largely due to profit-taking ahead of the Fed announcement. 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
Long
by CryptoSanders9563
2
BTC/USDT 4HOUR UPDATE BY CRYPTOSANDERS !!Hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- BTC successfully retested above the descending triangle with a decent volume and it also breakout the Ichimoku cloud. Currently, it is retesting above the Ichimoku cloud and an effective retest would confirm the continuation of the bullish move. 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
Long
by CryptoSanders9563
EDU breakout Soon What Is a Descending Channel? A descending channel is drawn by connecting the lower highs and lower lows of a security's price with parallel trendlines to show a downward trend. Officially, the space between the trendlines is the descending channel, which falls under the broad category of trend channels. KEY TAKEAWAYS A descending channel is drawn by connecting the lower highs and lower lows of a security's price with parallel trendlines to show a downward trend. Traders who believe a security is likely to remain within its descending channel can initiate trades when the price fluctuates within its channel trendline boundaries. A more potent signal occurs with a breakout, which is when a security's price breaches an established channel's boundaries, either on the upper or lower side.
Long
by Crypto-Adda_Official
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin remained near a two-week high on Friday, as traders continued to digest the latest US retail sales figures. Following a low of 26,285.50 on Thursday, BTC/USD rallied to an intraday high of 26,774.62 earlier in today’s session. This peak saw bitcoin trade at its strongest point since August 31, when the price peaked over the 27,500 mark. it appears that today’s bullish sentiment comes as the relative strength index (RSI) moved towards a ceiling of 52.00. price strength is tracking at 51.96, which has led some previous bulls to abandon their positions. BTC has now retreated to a current level of 26,617.31, however, traders will likely make another run towards 27,000 in the coming days. 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
Long
by CryptoSanders9563
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin remained in the green for a second consecutive session, ahead of the upcoming U.S. retail sales report. Consumer spending is expected to fall lower, which comes as inflation increased last month. Following a low of 26,084.80 on Wednesday, BTC/USD surged to a peak of 26,529.50 earlier in today’s session. Looking at the chart, the surge comes as the relative strength index (RSI) broke out of a ceiling at 45.00. price strength is tracking at 49.04, which is marginally below a ceiling at the 53.00 mark. Should it move beyond this, there is a good chance that bitcoin will rise above the $27,000 level in the coming days. 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
Long
by CryptoSanders9563