ADA/USDT WEEKLY CHART UPDATE !!Hello friends, welcome to this ADA/USDT update from Crypto Sanders.
Chart Analysis Everyone, what are your thoughts on the charts? Please share your comments regarding the ADA Weekly Update.
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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Analiysis
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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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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#US DOLLAR ANALYSIS BY CRYPTOSANDERS !!
US Dollar Weekly Update.
The US dollar has experienced a surge after breaking out of the symmetrical triangle pattern. Presently, it has surpassed the Ichimoku cloud and is facing horizontal resistance. The Relative Strength Index (RSI) suggests an overbought condition.
A potential rejection appears likely, whereas a significant breach of the horizontal resistance would validate bullish momentum. It's important to consider its typical inverse correlation with the cryptocurrency market.
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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#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.
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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 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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ETH/USDT 4HOUR CHART UPDATE !!Hello friends, welcome to this ETH/USDT update from Crypto Sanders.
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Ethereum is ready to surge from here, looks like even more ALTCOINs may surge along with it
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BTC/USDT 4HOUR CHART UPDATE BY CRYPTOSANDERS !!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.
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.
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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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BTC/USDT 4HOUR CHART UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
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Looking at the 4-hour chart, it seems that 21 Ma will become a good support and Bitcoin can bounce from here.
If BTC breaks $66800 there could be a bounce back from near $65680 and if BTC breaks $65500 this chart will be invalidated.
If BTC breaks $70300 today we could see another new ATH
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BTC/USDT 4HOUR UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
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Analysis of the 4-hour chart reveals intensified selling pressure as Bitcoin attempted to reclaim the upper boundary of the sideways wedge, corresponding to the crucial 70K resistance.
This resulted in a significant bearish reversal, driving BTC’s price towards the lower trendline of the wedge, approximately at 64K, as anticipated in our last analysis.
Currently, Bitcoin sellers are striving to breach the lower boundary of the sideways wedge. However, if buyers regain control and the price finds support near this crucial level, a bullish rebound towards the 70K mark could ensue.
Conversely, if selling pressure persists and the price breaches the pattern’s lower boundary, an extension of the bearish retracement towards the 62K region becomes increasingly likely.
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BTC/USDT4HOUR UPDATE. BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
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BTC is currently moving within a symmetrical triangle pattern. Presently, it is consolidating below the trendline resistance. The Ichimoku cloud and the MA 100 are serving as support levels. A decisive breakout of the triangle would confirm bullish momentum, whereas a rejection would suggest further consolidation within the triangle pattern.
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ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ETH/USDT update from Crypto Sanders.
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A detailed examination of the daily chart underscores Ethereum’s robust bullish momentum, as the price undergoes a substantial and impulsive upward movement, reaching the critical resistance area represented by the prior major yearly high of 3.6K.
Despite the formidable barrier at 3.6K, Ethereum’s overall outlook remains highly bullish, with market participants largely anticipating a successful breach of this level in the coming weeks.
Such a breakthrough would likely signal the expansion of the uptrend towards Ethereum’s ATH, positioning the price for a new high in the medium term. However, until such a breakout occurs, the 3.6K price range is likely to serve as a containment zone for Ethereum’s movements.
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BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
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A deep dive into the daily chart underscores Bitcoin’s sustained bullish trend, showcasing the prevailing dominance of buyers. Recent price movements reflect robust confidence among market participants, propelling the cryptocurrency past numerous critical and psychological resistance levels.
Notably, heightened buying pressure and strong bullish momentum have propelled the price above the upper boundary of the multi-month ascending channel, previously a formidable barrier to bullish advances.
This breakthrough triggered a short-squeeze event, activating a cascade of buy-stop orders. Consequently, should a pullback occur towards the breached trendline, the price is anticipated to extend its bullish momentum, targeting the significant $58K resistance zone.
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BNB/USDT WEEKLY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BNB/USDT update from Crypto Sanders.
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BNB struggled to hold its own, which is why it closed the week without any significant changes in its price compared to the previous week.
Buyers managed to keep it above $300 at the time of this post, which is a positive sign. If the overall market sentiment improves in the coming days, BNB may also follow suit.
Looking ahead, this cryptocurrency has been found in a flat trend since the beginning of the year, and a major breakout is needed to take the price to the $360 resistance.
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