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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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 !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
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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.
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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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ETH/USDT 4HOUR UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ETH/USDT update from Crypto Sanders.
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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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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 WEEKLY AND 1DAY CHART UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
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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.
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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 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BNB/USDT update from Crypto Sanders.
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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.
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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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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.
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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 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.
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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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ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ETH/USDT update from Crypto Sanders.
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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.
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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.
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