BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !Hello friends, welcome to this BITCOIN update from Crypto Sanders.
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The daily chart shows Bitcoin consolidating between $60K to $72K. Recent price action dipped towards the lower end of this range.
Bitcoin is now at a crucial support zone between $69,181 and $59,575, aligned with the EMA100-day moving average at $59.800K.
This support area could prompt a bullish reversal. However, a sudden breach below could trigger a long squeeze and a significant downward move.
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 profit and losses. So, do your research before investing in this trade.
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SHIB/USDT WEEKLY CHART UPDATE !!Hello friends, welcome to this SHIB/USDT update from Crypto Sanders.
Chart Analysis Everyone, what are your thoughts on the charts? Please share your comments regarding the SHIB/USDT Weekly Update.
Shiba Inu (SHIB) finished the week with a notable rise of 14%, emerging as the top performer on our list. This significant improvement is noteworthy, especially given the recent decline in new local levels.
The key support lies at $0.000025, where buyers have so far successfully maintained a hedge against further selling pressure. Resistance is $0.000037.
Going forward, the optimal scenario for this meme coin includes consolidating the above key support and potentially starting a new rally in May.
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ADA/USDT WEEKLY CHART UPDATE !!Hello friends, welcome to this ADA/USDT update from Crypto Sanders.
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Earlier this month, ADA found robust support at 46 cents, culminating in a 2.6% weekly price rise. With the key support intact, buyers may strive to reassert dominance over price movements.
Presently, ADA faces resistance at 61 cents, a level yet untested. A potential relief rally could ensue if support remains unbroken, potentially leading to a challenge of key resistance.
Looking forward, if buyers successfully halt the downtrend, they could endeavor to steer ADA back onto an upward trajectory in the forthcoming month.
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XRP/USDT WEEKLY CHART UPDATE !!Hello friends, welcome to this XRP/USDT update from Crypto Sanders.
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Earlier this month, Ripple (XRP) faced a setback, failing to sustain levels above 53 cents, eventually dipping to 43 cents, now a critical support level. XRP rebounded from this point, concluding the week with a 6% uptick.
However, despite efforts to uphold prices above 43 cents, buyers struggle to propel XRP to new highs. The 54 cents resistance looms ahead, potentially hindering renewed buying enthusiasm.
Looking ahead, XRP has been confined within a broad range since late 2023, lacking a substantial breakout. This trend persists into the current year. Therefore, expectations for a significant rally should be tempered until a notable breakout occurs.
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Ethereum (ETH) WEEKLY CHART UPDATE!!Hello friends, welcome to this ETH/USDT update from Crypto Sanders.
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Ethereum's downtrend seems to be tapering off as the price stabilizes above crucial support, resulting in a 2% weekly price increase.
Currently, ETH is trading within a range bound by $2,900 support and $3,370 resistance. Extended consolidation in this range could lead to a more impactful breakout.
Looking ahead, ETH recently experienced a bullish crossover on the daily MACD, potentially instilling optimism and reasserting bullish sentiment. Confirmation of a bullish bias requires breaching the $3,370 resistance level.
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BTC/USDT 1DAY CHART UPDATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
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BTC continues to oscillate within the $60K to $70K range, unable to decisively breach either level. The Relative Strength Index (RSI) has also stabilized around the 50% mark, indicating a balance in momentum.
Currently, BTC appears to be retracing towards the $60K support zone. Should this level fail to hold, a significant breakdown could occur, potentially leading to a substantial decline towards the 52K region.
Conversely, if the market manages to surpass the $70K threshold, it would likely pave the way for a new all-time high. As such, traders are closely monitoring these key levels for potential breakout or breakdown scenarios.
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 profit and losses. So, do your research before investing in this trade.
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BTC/USDT 4HOUR UPDATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
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BTC is presently exhibiting a symmetrical triangle pattern, with resistance from the Ichimoku cloud and the 100-day moving average. Moreover, the MACD crossover suggests a potential shift toward bullish momentum. Thus, it is prudent to exercise patience and await a clear breakout or breakdown of the triangle for confirmation of the upcoming direction.
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USDT.DOMINANCE CHART UPDATE BY CRYPTOSANDERS !!Hello, welcome to this usdt.dominance update by CRYPTO SANDERS.
Analysis of #USDT Dominance:
USDT.D has experienced a decrease subsequent to the breakdown of the ascending triangle pattern. The Ichimoku cloud suggests a prevailing bearish trend. Presently, it faces resistance at the Moving Average (MA) 200.
A potential scenario could involve rejection from this juncture, while a clear breakout above the MA 200 would indicate the onset of bullish momentum. It's crucial to acknowledge that USDT.D typically exhibits an inverse correlation with the broader cryptocurrency market.
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#ETH/USDT 4-HOUR CHART UPDATE BY CRYPTOSANDERS! 📈🚀Hello friends, welcome to this ETH/USDT update from Crypto Sanders.
4-hour ETH chart: Sideways consolidation near $3K support, then bullish surge towards $3234-$3324 resistance. Sellers regained control, causing renewed bearish momentum. Price expected to remain within the $2.8-$3.3 range until breakout.
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BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
Hello dear traders, we are 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.
Despite facing notable resistance from both the MA 100 and the Ichimoku Cloud, Bitcoin (BTC) continues to hold above the ascending trendline support. The current scenario presents a turning point for BTC traders and investors.
A decisive breakout above the Ichimoku cloud would not only validate bullish sentiment but could also catalyze further upside momentum, potentially signaling a shift towards more bullish market sentiment.
Conversely, if BTC experiences a sustained break of the rising trend line, it will signal the emergence of bearish momentum, potentially leading to increased selling pressure and a downward trend in the market.
Thus, market participants are closely monitoring these technical indicators, as they provide valuable insight into the short to medium-term price trajectory of BTC and overall market sentiment.
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 profit and losses. So, do your research before investing in this trade.
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BTC/USDT 4HOUR UPDATE !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 4-HOUR update.
Looking at the BTC 4-hour chart it seems that BTC should be dumped from here but if BTC breaks $67000 from here then there will be an upside
So this will invalidate my charts and BTC should dump about 10% to 15% from here
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#BTC/USD WEEKLY CHART UPDATE !!Hello dear traders, we are 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.
BTC Weekly Update.
As we can see on the weekly time frame chart, the last time BTC broke a triangle pattern followed by an all-time high, and now on the weekly chart, BTC is being seen forming a head and shoulders pattern.
If the weekly chart is going well then BTC may have to take it to $31500 to become the second shoulder of the inverse head and shoulders and once BTC completes the inverse head and shoulders pattern from here we will see the upcoming halving. Before this, we will see a bullish trend in BTC.
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 profit and losses. So, do your research before investing in this trade.
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BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
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BTC may face rejection from 66800. 25MA is registered
And yes fell back and $61000 is its support level.
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BTC/USDT 4HOUR UPDATE. Hello friends, welcome to this BITCOIN update from Crypto Sanders.
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Looking at the chart it seems that BTC can reach $67000 from here.
Strong Support for BTC Only $61000, BTC Halving Completed Just a Few Hours Ago
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BTC/USDT 4HOUR UPDATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
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Looking at the chart it seems that BTC may bounce to $63000 from here.
BTC had broken the old support a few hours ago and has come back above it and closed but we cannot understand this strength.
The strong support for BTC is only $52000 and there is also BTC halving in the coming few hours.
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BTC/USDT 4 HOUR CHART UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
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BTC can bounce to $ 68,100 from here and yes there is a resistance zone that has to be broken it will not be easy for BTC right now and BTC can break down from here.
This chart will be invalid if BTC closes above $69000.
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BTC/USDT 4HOUR CHART UPDATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
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If BTC bounces from the yellow horizontal line then we can see BTC back at an all-time high. If BTC breaks down the horizontal line then we can see BTC back near $53000.
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BTC/USDT 4HOUR CHART UPDATE !!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 4-HOUR update.
There is no change in BTC, everything is normal, there is just a resistance above $72700 if it is broken then BTC will go back to its new all-time high.
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BTC/USDT 4HOUR CHART UPDATE BY CRYPTOSANDERS !!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 4-HOUR update.
The link to the previous update is given below, you can check it.
BTC is retesting above the triangle on the 4-hour time frame. As long as it trades above the ascending triangle, which indicates a bullish trend. The RSI is currently in the neutral zone.
A successful retest of the triangle will confirm bullish sentiment. As long as it continues to trade above the triangle, we can expect the bullish trend to continue.
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BTC/USDT 4HOUR CHART UPDATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
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The link to the previous update is given below, you can check it.
But the opposite happened but still, BTC is bullish.
BTC is retesting above the triangle on the 4-hour timeframe. A continuation of the bullish move is expected for as long as it trades above the ascending triangle.
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BTC/USDT 4HOUR CHART UPDATE !!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 4-HOUR update.
The link to the previous update is given below, you can check it.
As I told you in the previous update on BTC, if the triangle pattern breaks, after coming back for a retest from here, it may even break its new all-time high.
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ETH/USDT 4HOUR CHART UPDATE !!Hello friends, welcome to this ETH/USDT update from Crypto Sanders.
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Looking at the chart of Ethereum, it seems that there can be a bounce from here and along with this, other ALTCOIN will also bounce.
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ETH/USDT 4HOUR UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ETH/USDT update from Crypto Sanders.
Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the ETH 4-HOUR update.
Looking at the 4-hour chart, the recent market consolidation seems clearer. The price created a rising wedge and broke it to the downside, which is a classical bearish continuation pattern.
While ETH is approaching the 3,000 support level, the RSI is dropping below the 30% mark, which indicates ETH is oversold in this timeframe. Therefore, it might only be a matter of time before the price rebounds higher, probably from the 3,000 support zone.
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