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BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BTC /USD 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:- Bitcoin ( BTC ) mostly consolidated on Thursday, as the price failed to break out of the critical level of $17,000 yesterday. Following a high of $16,964.59 on hump day, BTC /USD slipped to an intraday low of $16,789.75 earlier in the session. The drop comes as markets reacted to the latest FOMC minutes, where the Fed has seemingly agreed to maintain interest rate hikes. This comes as the bank expects a more aggressive rise in inflation, forecasting consumer prices to be at 3.5% in 2023, higher than the 3.1% previously expected. Looking at the chart, the decline in price also comes as the 14-day relative strength index ( RSI ) moved below a resistance zone of 51.00. As of writing, the index is now tracking at 49.14 and seems to be moving toward a support level of 46.00. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:BTCUSD
by CryptoSanders9563
2
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS Ethereum / U.S. Dollar (BIHello, welcome to this ETH /USD 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Ethereum (ETH) also consolidated in today’s session, with momentum marginally shifting on Thursday. ETH/USD dropped to a bottom of $1,246.21 earlier in the day, which comes less than 24 hours after hitting a high of $1,264.81. Despite the drop, sentiment remains somewhat bullish, as ETH continues to trade above its long-term resistance level at $1,230. From the chart, the 10-day (red) and 25-day (blue) moving averages also remain close in proximity, maintaining chances of an upwards crossover. This seems to be one of the factors in place that is keeping bullish sentiment alive. However, with the RSI now falling lower, this could begin to change. Since failing to break out of a ceiling at the 57.00 level, price strength is now tracking at 55.40. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:ETHUSD
by CryptoSanders9563
4
BTC/USD 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this BTC /USD 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:- Bitcoin (BTC) mostly consolidated on Thursday, as the price failed to break out of the critical level of $17,000 yesterday. Following a high of $16,964.59 on hump day, BTC/USD slipped to an intraday low of $16,789.75 earlier in the session. The drop comes as markets reacted to the latest FOMC minutes, where the Fed has seemingly agreed to maintain interest rate hikes. This comes as the bank expects a more aggressive rise in inflation, forecasting consumer prices to be at 3.5% in 2023, higher than the 3.1% previously expected. Looking at the chart, the decline in price also comes as the 14-day relative strength index (RSI) moved below a resistance zone of 51.00. As of writing, the index is now tracking at 49.14 and seems to be moving toward a support level of 46.00. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:BTCUSD
by CryptoSanders9563
2
SOL/USDT 4Hr UPDATE !!Hello, welcome to this SOL/USDT chart update by CRYPTO SANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Solana's price action over the past 30 days can only be described as a crypto roller coaster. After plunging below $10, it rebounded sharply and entered a significant rally on Monday, when the price rallied, closing with a 37% gain over the past seven days. This makes it the best-performing altcoin on our list this week. After finding good support at $9.5, Solana entered a sustained rally that did not stop until $14. Key resistance is found at $15, and seeing its performance this week would be even more surprising to see a break above this level. Looking ahead, a test of the key resistance appears probable. But for this to happen, the overall market needs to turn bullish or at least remain neutral. Otherwise, Solana could be dragged down to $10. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
1
LTC/USDT 4Hr UPDATE !!Hello, welcome to this LTC/USDT chart update by CRYPTO SANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-LTC is one of the oldest altcoins in the market, having been launched in 2011. While it may not be flashy or new, its price action has been quite impressive of late. Litecoin has managed to go up steadily since June 2022. This is what some altcoins have achieved during this bear market. Somehow, Litecoin closed the last week with a price increase of around 10% after breaking $70 once again. The bulls are eager to push this cryptocurrency higher, and they may even challenge the key resistance at $80. Looking ahead, LTC is one of the few cryptocurrencies that is well-positioned to make higher highs. Right now, its biggest challenge is breaking above $80. Perhaps this second attempt could be successful, which could propel the cryptocurrency toward $100. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
1
ADA/USDT 4HOUR UPDATE !!Hello, welcome to this ADA/USDT chart update by CRYPTO SANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Cardano surprised the market this week with a strong performance that saw the price increase by 11.4%. This momentum could continue, but the key resistance at 30 cents will be an important obstacle to overcome. After finding good support at 24 cents, ADA managed to quickly recover some of the recent losses and continued to move higher every day. The volume and indicators support a continuation of this price action, but it’s important to see how buyers will manage the abovementioned resistance level. Looking ahead, a test of $0.30 seems probable. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
2
XRP/USDT 4Hr UPDATE !!Hello, welcome to this XRP/USDT chart update by CRYPTO SANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-XRP has been making lower lows after a significant decline on Monday when the price briefly hit 30 cents. This led to a decrease of about 2.2% during the past seven days. This week, the volume is in red, and sellers dominated the chart. This gives little hope of a reversal at this time, particularly when the key support at 33 cents is put again under pressure. Considering this price action, a break to the downside seems somewhat likely. Since the spike on Monday could be indicative of things to come, it’s quite likely that XRP will have to revisit the 30 cents support before it can hope to reverse the current downtrend. Buyers don’t appear confident to stop this selling pressure. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
2
BTC/USDT 8HOUR UPDATE BY CRYPTO SANDERSHello and welcome to this BTC /USDT chart update by Crypto Sanders. I have tried to bring the best possible result in this chart. Chart Analysis:- BTC is going up level by level. Recently it breakout the cup and handle pattern after hunting stops below the local support. It is rejected from the range high resistance, and now it is trading over the horizontal support, where MA 100 is also acting as support. A further bullish move is normal if it effectively retests the horizontal support and breakout the range high with a stable volume. This is not a piece of financial advice. Hit the like button if you like it and share your chart in the comment section. Thank you
by CryptoSanders9563
BTC/USDT 2HOUR UPDATEHello and welcome to this BTC /USDT chart update by Crypto Sanders. I have tried to bring the best possible result in this chart. Chart Analysis:- The price is still consolidating in a handle. The wicks are showing uncertainty between bulls and bears in between the local support and horizontal resistance. Here we've to sit tight for a successful breakout of the horizontal resistance, which will confirm an upward direction in it. As BTC is trading level by level, if it effectively breakdown the local support, then a range play is expected between the mid-range and local support. This is not a piece of financial advice. Hit the like button if you like it and share your chart in the comment section. Thank you
by CryptoSanders9563
11
DOT/USDT 3DAY UPDATE BY CRYPTO SANDERS Hello, welcome to this DOT/USDT 3DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis. CHART ANALYSIS:-DOT is moving in a long-falling wedge and presently holding over its strong horizontal support, from where we've previously seen a huge bullish rally. RSI is in the oversold area, printing bullish divergence. We've to keep an eye on a solid breakout, which will confirm a pleasant bullish rally in it. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
1
BTC/USDT 4HOUR UPDATEHello and welcome to this BTC /USDT chart update by Crypto Sanders. I have tried to bring the best possible result in this chart. Chart Analysis:- BTC bounced from the local support after a successful retest but got rejected after hunting stops above horizontal resistance and MA 200. It has also formed a cup and handle pattern, which is technically a bullish pattern. Currently, the price is consolidating in a shape of a handle. A solid breakout of the horizontal resistance would be a bullish continuation sign in it, and the invalidation of the handle is a breakdown of the local support with a retest below it. This is not a piece of financial advice. Hit the like button if you like it and share your chart in the comment section. Thank you
Long
by CryptoSanders9563
BTC/USDT 1HOUR UPDATE:-Hello, welcome to this BTC /USDT chart update by CRYPTO SANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-hello traders welcome to btc 1hr update btc is trading inside the parallel channel if btc downside breakdown the parallel channel we can still see btc $16600 to $16400 today and if btc breakouts the parallel channel today we can see a new high in btc stay connected with us for such updates thank you. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
ETH/USD 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this ETH /USD 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Ethereum (ETH) mostly consolidated on Tuesday, with prices continuing to trade above the $1,200 point. Following a low of $1,212.49 to start the year, ETH/USD hit a peak of $1,219.86 earlier in today’s session. As a result of today’s move, ethereum moved closer to a resistance level of $1,230, which has been in place since December 16. Looking at the chart, ethereum was unable to recapture this ceiling, as the RSI of 14 days failed to break out of resistance at 49.00. As of writing, the index is tracking at 48.90, with bulls remaining close to this point ahead of tomorrow’s FOMC report, which could be the trigger to a potential price surge. After tomorrow’s report, attention will turn to Friday’s U.S. nonfarm payrolls (NFP), which could also be a catalyst for market moves. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:ETHUSD
by CryptoSanders9563
BTC/USD 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this BTC /USD 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:- Bitcoin (BTC) edged closer to the $17,000 level on Tuesday, as traders turned their attention to Wednesday’s FOMC minutes report. BTC/USD hit a high of $16,760.45 earlier in today’s session, which comes less than 24 hours after trading at a low of $16,666.92. Today’s activity saw bitcoin near a breakout of a long-term resistance level of $16,800, as market volatility remains high following the New Year’s celebration. As can be seen from the chart, Tuesday’s move comes as the 14-day relative strength index (RSI) approached a resistance level of its own. Currently, the index is tracking at 47.18, which is marginally below its point of resistance at the 48.00 mark. This ceiling seems to be the main hurdle stopping price from extending gains and moving above the $17,000 zone. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:BTCUSD
by CryptoSanders9563
1
ETH/USDT 4 HOUR UPDATEHello, welcome to this ETH/USDT chart update by CRYPTO SANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-ETH continues the sideways movement. The market is loading for a big impulsive move. The trading range major support is the $1160-$1170 area and major resistance is the $1230-$1240 area. Plan your trades accordingly. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
BTC/USDT 4HOUR UPDATEHello, welcome to this BTC /USDT chart update by CRYPTO SANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-BitcoinBitcoin continues the sideways movement. The market is loading for a big impulsive move. The trading range major support is the $15,000-$15,500 area and major resistance is the $17,800-$18,500 area. Plan your trades accordingly. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:BTCUSDLong
by CryptoSanders9563
BTC/USDT 4HOUR UPDATEHello, welcome to this BTC /USDT chart update by CRYPTO SANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Bitcoin respecting the channel trendlines. Still, there is no movement in the market. Bitcoin CME trading is closed till 3rd January so we may not see much movement in the market. Some volatility is expected in the second week of January. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:BTCUSD
by CryptoSanders9563
ETH/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this ETH /USD 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:- Ethereum (ETH) Another week has passed with little excitement for Ethereum investors as volatility was low – likely due to the Christmas holidays. However, ETH’s price did fall by 2% in the past seven days. This is a negligible move in the price, which still remains in a flat trend. This cryptocurrency remains stuck between the key support at $1,160 and the resistance at $1,240. This channel is intact for the second half of December, and it is unlikely to be broken with the New Year celebrations around the corner. Looking ahead, the volatility is more likely to return in January 2023. So long as the support levels above $1,000 hold, Ethereum has a chance to break away and attempt to make a higher high. The alternative would see it fall to a three-digit price. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
2
SOL/USDT 1DAY UPDATE BY CRYPTOSANDERS Hello, welcome to this SOL/USDT 1 DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis. CHART ANALYSIS: Solana (SOL) Solana is one of the worst performers in 2022 after a 96% price crash since its all-time high. To make matters worse, the price of SOL also lost 22% of its valuation in the past week. Furthermore, the cryptocurrency also declined below $10 and is currently struggling to stay above $9. Considering the historical price action, Solana is unlikely to find good support until $5. Such a drop in price after reaching around $260 in 2022 is surprising. This most recent accident can be attributed to significant projects and developers choosing to move away from Solana after the FTX explosion. That has shaken investor confidence in its future, with the outlook turning grim for Solana as it enters 2023. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
1
MATIC/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this MATIC/USDT 1DAY chart update by CRYPTO SANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Polygon (MATIC) Polygon should consider itself lucky despite losing 4.8% of its valuation in the past week, particularly when compared to ADA or SOL. This is because, at 75 cents currently, MATIC managed to stay far away from its yearly low in June when the price fell to 32 cents. Nevertheless, pressure is building up as buyers appear to be on the defensive again, trying to keep the cryptocurrency above the key support at $0.74. The price action also shows that a decisive move appears imminent. Looking ahead, repeated tests of the key support at $0.74 could be interpreted as bearish. If bulls fail to hold here, it would open the way for sellers to take MATIC back toward its June levels in the first half of 2023. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
M
by CryptoSanders9563
XRP/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this XRP/USD 1DAY chart update by CRYPTO SANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:- Ripple (XRP) This past week, XRP had a good attempt at breaking the key resistance at $0.36 but was swiftly rejected by the bears. For this reason, the price fell by 3.4%, and XRP is now found just above the support at $0.33. Should buyers hold here, then it’s likely that XRP moves sideways between the key levels. However, any weakness could quickly be exploited by sellers that could push the price back to $0.30, which is a critical support that must hold. If buyers fail to stop this downtrend, then this cryptocurrency will quickly find itself in a precarious situation, particularly if it loses its support at $0.30. That would open the path to lower lows in 2023, which would make the new year start with a bearish price action. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
BTC/USDT 4HOUR UPDATEHello, welcome to this BTC /USDT chart update by CRYPTO SANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Bitcoin bounced from the trendline support. The channel is working fine and the trading range continues. There is no volume in the market. The market is giving time to enjoy the new year's eve party. Let's see what the new year brings for crypto. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563