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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. 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
BTC/USDT 4HOUR 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. 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. 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
BTC/USDT4HOUR 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 1-day update. 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. 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
1
ETH/USDT 1DAY 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 1-day update. 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. 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
1
BTC/USDT WEEKLY AND 1DAY 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 1-DAY, Weekly update. On the weekly chart, the price has been rallying consistently since retesting the 200-day moving average and rebounding higher a few months ago. The price has recently broken the 60K level and is targeting the 69K all-time high. Moreover, according to the inverse Fibonacci retracement, the $100K mark is a target for Bitcoin in the coming weeks. Yet, the continuation of this rally might materialize after a correction in the short term. the price has broken past several resistance levels in the past few weeks. It has recently broken above the 60K level with momentum, and the next target is the all-time high level of 69K. The relative strength index (RSI), however, demonstrates a massive overbought signal. This could lead to a correction in the short term, either before making a new all-time high or afterward. 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
6
BTC/USDT 1DAY 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 1-day update. 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. 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
BNB/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BNB/USDT update from Crypto Sanders. Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the BNB WEEKLY update. Surprisingly, Binance Coin is the best performer on our list after increasing its price by 6% this week and hitting a new yearly high. The bias is bullish, but current market sentiment may temper expectations of higher price levels. For this rally to continue, buyers need to push BNB above 377 and claim this level as key support. This will open the door to higher prices due to which this cryptocurrency can break above 400. Binance Coin could make new highs if buyers remain determined. Failure to sustain above 377 could lead to price correction towards 330 or 300. 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
1
ETH/USDT 1DAY 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 1-day update. the price has been rallying after rebounding from the 2,200 support level a month ago. Both the 2,400 and 2,700 resistance levels have been broken with ease, and the price has also pushed above the large ascending channel. The 3,000 resistance level is currently being tested, and the market is failing to climb higher. ETH’s price might decline toward the 2,700 level in case a correction occurs before breaking higher. 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
1
BTC/USDT 1DAY 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 1-day update. the price has rallied towards the 52K resistance level after a rebound from 40K earlier in January. While the market is testing the 52K level, the Relative Strength Index is demonstrating a clear overbought signal. This could point to a potential consolidation or correction in the coming weeks. Yet, the 47,500 level can provide support and prevent a deep drop. 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
BNB/USDT WEEKLY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BNB/USDT update from Crypto Sanders. Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the BNB WEEKLY update. 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. 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
1
ETH/USDT 1DAY 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 1-day update. The price of Ethereum is fluctuating inside a large ascending channel. The higher boundary of the pattern paired with the resistance level of 2,750 has rejected the price to the downside. The market has since fallen below the 2,400 level and is currently retesting it. If the price fails to climb higher again, the chances of a further decline towards the 200-day moving average located around the 2,000 level will be significant. 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
BTC/USDT 1DAY 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 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 100-day moving average at 39K. A slight correction occurred, taking the price back towards the current fair value gap (FVG) within the range of 43,578 and 45,606. This price range has the potential to increase resistance against further selling pressure, perhaps even taking it back towards the 100-day moving average. However, a breach below this important moving average could lay the groundwork for a medium-term bearish trend. 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
BTC/USDT 2DAY 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 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 second Head and Shoulders pattern, the last shoulder is yet to form, it looks like this, so we can assume that the second Head and Shoulders pattern can be completed near $37000 and if it breaks above then its resistance zone will be at $49000. It will be close. $49000. We may see a new all-time high in BTC. The time for BTC halving is also getting closer. 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
ETH/USDT 4HOUR UPDAT BY CRYPTOSANDERS !!Hello friends, welcome to this ETH update from Crypto Sanders. Chart Analysis:- The cryptocurrency has been forming a falling wedge pattern since failing to break the 2,700 resistance zone. A bullish breakout from the wedge could result in a retest of the 2,700 level, while a breakdown would be disastrous, as the price could drop to the 2,400 level in no time. 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
BTC/USDT 4HOUR CHART UPDATE BY CRYPTOSANDERS !!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 pullback. If it happens, the retrace could pave the way for the continuation of Bitcoin’s downward movement in the short term, targeting the static support range of 39K. Bitcoin’s mid-term prospects suggest consolidation within the critical price range bounded by the substantial resistance zone at 48K and the decisive support at 39K. Nonetheless, a successful breakout from this zone will shed light on the cryptocurrency’s next impulsive trend. 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
3
ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ETH update from Crypto Sanders. Chart Analysis:- On the daily timeframe, the price has been on the rise since breaking above the 200-day moving average and the large descending channel. While ETH is still trading above the key $2,000 level, it is going through a consolidation phase below the $2,400 level, failing to climb higher. The Relative Strength Index is also hovering around the 50% level, pointing to an equilibrium in momentum. As a result, the short-term price action heavily depends on whether the cryptocurrency drops below the $2,000 level or successfully breaks above the $2,400 level to target the $2,700 resistance 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
BTC/USDT 4HOUR UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:- 4-hour chart, it is evident that the price action has been very choppy over the last few weeks. BTC has been trading between 40K and 45K for quite a while. the price is currently breaking above the 46K resistance level. A valid breakout would pave the way for a bullish continuation toward the key 48K resistance level. The reaction to this level would likely determine the mid-term price action for BTC and the whole crypto 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
BTC/USDT 4HOUR UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:- BTC 4-hour chart looks like a triangle pattern has formed and it looks like BTC is breaking out of the 4-hour chart triangle pattern and making a comeback. From here, we can expect BTC to bounce around 14% to 15%. 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
ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ETH update from Crypto Sanders. Chart Analysis:- As we are seeing Eth in the daily chat, upside heads and architecture artifacts have been created and these hard and soliders have been broken and doing the latest, we can expect about 30% to 35% from here. are are. maybe pumped 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
ETH/USDT 1DAY AND 4HOUR UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ETH/USD update from Crypto Sanders. Chart Analysis:- 4-hour chart analysis for ethereum (ETH) paints a predominantly bearish picture, characterized by a distinct downtrend. This trend is evident through the formation of lower highs and lower lows, a classic indicator of bearish momentum. Despite a recent uptrend at a potential short-term reversal, the overarching downward trend suggests this could be a mere temporary pause. For investors considering short positions, the 2,235 per ETH price level emerges as a key resistance point to watch. the daily chart provides a more expansive view of ether’s price movements, encompassing a broader historical context. Previously, ethereum enjoyed an uptrend, peaking around 2,407, before succumbing to the current downtrend. The break below the crucial support level of 2,100 underscores a strong bearish sentiment. This longer-term perspective is essential for investors seeking to identify potential entry points for both short and long-term positions. The relative strength index (RSI) at 47.6, along with the Stochastic, commodity channel index (CCI), average directional index (ADI), and awesome oscillator, all hover in neutral to bearish territory. These indicators suggest a market in flux, with no clear directional bias, adding complexity to investment decision-making. Moving averages (MAs), which help identify trends and potential reversals over various timeframes, also exhibit a dichotomy. Short-term moving averages, like the 10-day and 20-day exponential and simple moving averages (EMAs and SMAs), signal negative sentiment, indicative of immediate bearish pressure. Conversely, longer-term averages, such as the 50-day, 100-day, and 200-day EMAs and SMAs, advise a positive outlook, reflecting a potential shift in the longer-term trend. The bearish signals from the 4-hour chart and short-term moving averages are counterbalanced by the bullish outlook in the longer-term moving averages. This situation calls for a cautious approach, particularly for those considering long positions, as the market’s bearish tilt remains a significant factor. Despite the current bearish indicators on the 4-hour chart and short-term moving averages, the bull verdict for ethereum as of Dec. 18, 2023, hinges on the strength of the longer-term moving averages and the historical resilience of the asset. The neutral positioning of oscillators like the RSI and ADI suggests a potential for trend reversal The bearish verdict for ether, based on the same data from Dec. 18, 2023, is primarily driven by the persisting downward trend on the 4-hour chart and the bearish indications from short-term moving averages. The failure to break above the key resistance level of 2,235 and the recent trend of lower highs and lower lows point towards continued bearish dominance. Unless there’s a significant shift in market sentiment or a breakout above crucial resistance levels, the bearish trend is likely to prevail. 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
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:- The daily chart reveals a general uptrend, moving from a low of 15,479 to a high of 44,729. This progression, marked by a strong recovery post a significant drop, underpins a bullish sentiment. The recent pullback from the peak suggests a consolidation phase and the stable volume supports the sustainability of this trend. The 4-hour chart offers a granular view of Bitcoin’s price action. Resistance near the 44,729 level, the recent high, characterizes the current market. The formation of higher lows suggests an ascending trendline, potentially providing support and hinting at continuing upward momentum. bitcoin (BTC) appears to be in a phase of cautious optimism. While oscillators indicate a balanced market, moving averages and chart patterns lean towards a bullish sentiment. Investors should be aware of potential resistance levels and watch for signs of consolidation or continued upward movement. The data and trends from Dec. 20, 2023, project a bullish trajectory for Bitcoin. This optimism is rooted in the unanimous buy signals from moving averages across various time frames, coupled with the underlying bullish trend indicated by the daily and 4-hour charts. The market’s resilience, demonstrated by its recovery and the formation of higher lows on the 4-hour chart, underpins a strong bullish sentiment. Despite the surface-level bullish indicators, a deeper analysis reveals potential bearish undercurrents for bitcoin as of Dec. 20, 2023. The conflicting signals from oscillators, particularly the sell signal from the MACD Level, hint at underlying market uncertainty. Additionally, the resistance near recent highs and the market’s current consolidation phase may signal a forthcoming downturn. 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.
BITSTAMP:BTCUSDLong
by CryptoSanders9563
ETH/USDT 4HOUR UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:- Looking at the 4-hour timeframe, things look worrying for Ethereum. The market has been making lower highs and lows since the rejection from the 2,400 level, demonstrating a clear bearish shift in the short-term market structure. Nevertheless, the trend is still bullish, as the trendline depicted on the chart is yet to be broken. If this happens, the mid-term trend will be considered bullish, too, and a deeper drop can be expected in the coming weeks. 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
BTC/USDT 4HOUR UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:- The 4-hour chart offers a much clearer picture of toilet price action. Price has formed a falling pattern yet to break it on either side. Meanwhile, the support level of 40K is towards the higher trend line of the price per trend. A classic retracement is contemplated to break the falling wedge, and the market may rise above the recent high of 45K and in the coming form have access to the high of 48K. Conversely, a breakdown of the pattern would be disastrous, as it could lead to a decline towards the 38K support area. 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.
BITSTAMP:BTCUSDLong
by CryptoSanders9563