CryptoSanders9563

CryptoSanders9563 May 10

This chart shows classic bullish continuation through ascending channels and consolidation breakouts: A solid double-bottom structure was formed in early April Marked the start of the uptrend First consolidation box (~$90K–$93K) Horizontal accumulation (highlighted gray box) Resulted in a clean breakout and continuation Rising channel (~$94K–$99K) Rising...

CryptoSanders9563 May 6

ETH/USDT Unique Technical Structure: Large Accumulation + Recovery Setup This chart shows Ethereum’s price action over the past few years, highlighting key support and resistance areas. A strong visual signal (blue arrow) indicates bullish potential. Chart Pattern Implications: The pattern on this chart is not a classical shape (e.g., cup and handle), but it does...

CryptoSanders9563 May 5

BTC/USDT Chart Pattern: Multi-Year Cup and Handle Formation The chart shows a textbook “cup and handle” formation, a highly reliable bullish continuation pattern. This pattern has played out over several years (2021-2025), indicating long-term accumulation and a breakout attempt. Cup Phase: Extended from mid-2021 to early 2024. Formed a deep and rounded base,...

CryptoSanders9563 Apr 29

Current Price: ~$94,600 BTC has cleanly broken above the descending trendline resistance, a structure that capped price since mid-February. This breakout was accompanied by a surge in volume and momentum — a strong bullish sign. Golden Cross Area A key technical confluence occurred where the 50-day MA (red) and the 200-day MA (green) were tested simultaneously,...

CryptoSanders9563 Apr 23

BTC/USDT – 1D Chart Analysis Golden Cross Replay? Two important moving averages in play: 50-day MA (red): ~84,341 200-day MA (green): ~88,546 Earlier in the chart (circled on the left), BTC broke above both MAs, starting a strong bullish rally towards $120K. We are potentially seeing a repeat of that pattern now Breakout Confirmation The price broke out...

CryptoSanders9563 Apr 19

Bitcoin is currently trading around 85,269.35 USDT. Support Zone: A crucial support zone marked in green suggests strong buying interest between 80,000 and 81,000 USDT. Resistance: The upper trend line indicates resistance; if Bitcoin can break it, it could target levels close to 88,000 USDT. Bullish Case: A breakout above the upper trend line could lead to an...

CryptoSanders9563 Apr 15

Current Price Levels: Bitcoin is currently trading around 85,269.35 USDT. Support and Resistance: Support Zones: A crucial support zone marked in green suggests strong buying interest between 80,000 and 81,000 USDT. Resistance: The upper trend line indicates resistance; if Bitcoin can break it, it could target levels close to 88,000 USDT. Bullish Case: A...

CryptoSanders9563 Apr 11

50-day moving average (red line): This is a short-term trend indicator. It reacts more quickly to price changes and is often used to identify short-term trends. When the price is above this moving average, it usually indicates bullish momentum; when it is below, it may signal bearish momentum. 200-day moving average (green line): This is a long-term trend...

CryptoSanders9563 Apr 8

A downward trendline connecting the recent high points indicates bearish pressure. A horizontal support level around 77,500 USDT shows where the price has struggled to drop. Current Price: As of your chart's timestamp, BTC is trading at approximately 79,883.75 USDT. Potential Movement: If the price can break above the descending trendline and stay above the...

CryptoSanders9563 Apr 7

Current Price: ~$78,336 BTC has broken below the symmetrical triangle and is testing the key horizontal support between $78,424 and $79,183. A wick is visible below the support, but the candle closed within the area, indicating a potential fakeout or demand absorption. Resistance (downtrend line): ~$85,500 Support Zones: Primary: $78,424 Secondary:...

CryptoSanders9563 Apr 5

Current Price: $83,809 The chart shows a symmetrical triangle pattern, indicating a possible breakout soon. Upper Resistance: Around $86,000 Lower Support: Around $82,000 Key Support Levels: $79,183 and $78,424 Bullish Breakout (Green Arrow) If BTC breaks above the resistance trendline (~$86K), it could see a strong move towards $90K-$92K. Confirmation would be...

CryptoSanders9563 Apr 3

Current Price: Bitcoin is currently trading around $81,830. Trend Line: There is a downward trend line indicating bearish sentiment over the observed period. Support Level: There is a green support area around $78,424 to $80,000. Bitcoin needs to stay above this level to avoid further declines. Recent Activity: After the decline, Bitcoin has attempted to stabilize...

CryptoSanders9563 Apr 3

50-day MA: 61.94% (Notable Support Level) 200-day MA: 59.21% (Strong Support) Trend: The chart shows a bullish trend in BTC dominance since the beginning of the year, with higher lows forming. Resistance Level: A key resistance area lies around 63%, which the price is currently testing. Support Level: The 50-day and 200-day moving averages provide solid support...

CryptoSanders9563 Apr 2

A downward trend line indicates resistance; the price is struggling to move above this line. The green line at around 78,000 to 79,000 USDT is a crucial support level, providing a base for the price movement. Recent fluctuations: The price shows a recent bounce, indicating a potential bullish reversal if it breaks the trend line. Future forecast: The upward arrow...

CryptoSanders9563 Mar 30

The chart shows Bitcoin (BTC) previously trading within an ascending channel (marked by two parallel black lines). Recently, BTC broke below this channel, signaling a bearish shift in momentum. BTC is currently attempting to retest the lower boundary of the broken channel. This is critical—if BTC fails to reclaim the channel, it could confirm a downtrend...

CryptoSanders9563 Mar 28

A downward trend in USDT dominance typically signals growing confidence in riskier assets (such as Bitcoin and altcoins), as traders move funds out of stablecoins and into crypto investments. Breakout Attempt The latest price action shows a breakout from the descending channel. This signals a potential reversal, during which traders may return funds to USDT due...

CryptoSanders9563 Mar 25

ETH is still trading inside a descending channel, showing signs of a possible reversal. The price is bouncing off support levels around $1,750-$1,830, with a possible retest of higher resistance levels. The 50-day moving average (red line) is acting as a dynamic resistance above the price. Bullish scenario: ETH needs to sustain above $1,830 to confirm a...

CryptoSanders9563 Mar 25

BTC has broken out of a descending triangle, leading to a strong upside. Currently trading inside an ascending channel, facing resistance near $90,000. Bullish Scenario: If BTC holds above $87,000-$88,000, a continuation toward $92,000-$95,000 is possible. A strong breakout from this channel could lead to an attempt at $100,000. Bearish Scenario: A rejection...