BITCOIN 1DAY CHART UPDATRE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
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moving average analysis
Moving Average Crossover:
20-day moving average (20MA) and 50-day moving average (50MA) crossover: A bullish signal is given when the 20MA crosses above the 50MA. This crossover indicates upward momentum, indicating the possibility of further increases in the price of BTC.
chart pattern analysis
Recent Breakouts:
Pattern Formation: Upon observing the charts, the recent price movement shows a pattern similar to previous breakouts. Historically, when BTC forms such a pattern, it signals the beginning of a significant rally. The current pattern visible at the top of the chart suggests another possible upside breakout.
historical comparison
Previous Rally: The last time BTC displayed a similar crossover and pattern, which was followed by a notable rally. Given this historical precedent, we can expect a similar increase this time too.
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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Sanders
#BITCOIN 1DAY UPDATE !!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.
On the daily timeframe, the price has remained confined within a significant descending channel pattern for the past two months, with no clear breakout in either direction. However, following a recent false breakout from the lower boundary, the market appears to be regaining momentum for a potential recovery and continuation upwards.
The Relative Strength Index (RSI) has been steadily increasing and is now approaching the 50% threshold, indicating a shift towards bullish momentum. The midline of the descending channel now emerges as a critical resistance level, impeding the market from resuming its rally.
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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BITCOIN 4HOUR CHART UPDATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
It looks like BTC is ready to accelerate higher, possibly approaching $65200. Today offers excellent trading opportunities, especially for long positions. Stay tuned for more updates as the situation unfolds. Thank you for your attention, and we will keep you updated on any developments.
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BTC/USDT 4HOUR CHART UPDATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
In the latest analysis of BTC, it's signaling a triangle breakout in the four-hour timeframe. This breakthrough has the potential to propel BTC to approximately $65500. Should BTC rebound from this level, a significant rally could unfold throughout the day. Stay tuned for more updates as the situation develops.
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BITCOIN 4HOUR CHART UPODATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
BTC/USDT analysis, BTC is facing resistance from the Ichimoku Cloud, which is currently retesting above the parallel channel. MA 50 indicates a bullish trend. A successful breakout of the Ichimoku cloud validates bullish sentiment, while a drop below MA 50 signals a potential market correction. Monitoring key indicators is important to navigate the trajectory of BTC.
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BTC/USDT 4HOUR CHART UPDATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
Today, BTC is showing signs of a bounce as it retests breaking out of the parallel channel, with the 100MA providing strong support. If BTC closes below 100MA, my chart will be invalid. However, if it bounces off the parallel channel and 100MA, expect a rise in BTC as well as older coins. Stay alert for further updates.
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BTC/USDT 4-HOUR UPDATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
Bitcoin has recently crossed the 21 level, then returned above it, now hovering around the upper boundary of the parallel channel (yellow line on the chart). It's maintaining this level presently. BTC may decline around $64000, but if it surpasses this and rebounds from the channel, a significant rally is possible, impacting altcoins positively. Failure to break the channel could lead to another downturn. Thanks for the comprehensive update!
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!BTC/USDT 4HOUR CHART UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
Today's BTC update will be concise. Observing the 4-hour chart, it appears that BTC's 21-day moving average has been breached. Consequently, BTC might experience a surge today, potentially influencing its associated legacy markets.
However, failure to breach the 21-day moving average on the 4-hour closing could lead to a notable decline in BTC, which may also impact ALTcoins negatively.
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#KEY/USDT WEEKLY CHART UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this KEY/USDT update from Crypto Sanders.
Chart Analysis everyone, what are your thoughts on the chart? Please share your comments regarding the KEY weekly update.
KEY has broken out and confirmed its strength through a successful retest. Prepare for an imminent pump.
MA21 continues to provide significant advantages.
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BTC/USDT 4HOUR CHART UPDATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
#BTC/USDT Update: Bitcoin sees massive selloff
I have been keeping you updated on the recent movements of BTC and the result is clear.
Over the past few days, we have seen a massive dumping of Bitcoin, resulting in a significant drop in its price.
Despite ongoing efforts to monitor and analyze the market, selling pressure has intensified, causing a significant decline in the value of BTC.
It is important to remain cautious in such times of volatility and uncertainty. Although the current situation may seem challenging, it also presents opportunities for those who are prepared to operate effectively in the market.
As always, I will continue to provide updates and insights to help you stay informed and make informed decisions in your trading journey.
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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.
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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XRP/USDT WEEKLY CHART UPDATE !!Hello friends, welcome to this XRP/USDT update from Crypto Sanders.
Chart Analysis everyone, what are your thoughts on the chart? Please share your comments regarding the XRP weekly update.
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.
Chart Analysis everyone, what are your thoughts on the chart? Please share your comments regarding the ETH weekly update.
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.
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 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.
Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the BTC 4-HOUR update.
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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#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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WIF/USDT 4HOUR CHART UPDATE !!Hello friends, welcome to this WIF/USDT update from Crypto Sanders.
Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the WIF/USDT 4-HOUR update.
Currently, WIF is traversing within the confines of a symmetrical triangle pattern. Recent price action indicates rejection from the resistance trendline, where both the MA 100 and the Ichimoku cloud have acted as formidable barriers. The Relative Strength Index (RSI) is positioned within the neutral zone, signaling a state of equilibrium between buying and selling pressures. As the price oscillates within this geometric formation, investors and traders are advised to exercise patience and await a decisive breakout or breakdown of the triangle, as this will confirm WIF's next directional move.
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BITCOIN 4 HOUR 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.
#BTC/USDT There is no difference in the updates of BTC, for this, I have been continuously updating you guys for a few days and the result is in front of you.
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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.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.