CryptoSanders9563

CryptoSanders9563 Jul 23

ETH/USDT – Weekly Chart Analysis ETH is testing a major historical resistance between $3,700 – $4,000 (highlighted green zone). A clean breakout above this level could push price toward the next key resistance at ~$4,660. Previous accumulation zone around $2,400 – $2,800 (yellow box) now acts as strong support. Long-term floor at $1,420 and $1,025, though...

CryptoSanders9563 Jul 23

BTC/USDT – 2H Chart Update Breakout Confirmed: BTC has broken above the descending trendline but is currently facing resistance at around $ 119,500. Support Zone: Strong ascending support between $ 117,000 and $ 118,000 remains intact. Moving Average: Price is currently testing the 2H MA (~$118.3). Holding above this could confirm bullish continuation. ...

CryptoSanders9563 Jul 9

ETH has been trading inside a symmetrical triangle (shown by converging black trendlines). A breakout has occurred above the descending trendline, signaling bullish momentum. The rising diagonal trendline from late June is acting as strong support. Ichimoku Cloud: ETH is above the cloud, indicating a bullish bias. The cloud below the price is green and fairly...

CryptoSanders9563 Jul 9

Patterns and Structure: Bitcoin remains inside a larger converging structure (symmetrical triangle/wedge) visible from the diagonal trendline. The price has recently broken above the descending resistance trendline but is hovering near the red resistance area (~$109,000–$110,000). Ichimoku Cloud: The price is currently above the Ichimoku Cloud, which acts as...

CryptoSanders9563 Jul 8

BTC is consolidating below the key resistance zone highlighted in red (~$109,000–$110,000). The price continues to form higher lows, showing bullish pressure despite rejection in the red zone. The structure resembles an ascending triangle, indicating a potential breakout. Upside Target: ~$113,500–$114,000 if the price moves above ~$110,000 with strong...

CryptoSanders9563 Updated  Jul 7

Chart Pattern: The chart clearly shows an Inverse Head & Shoulders structure: Left Shoulder Head Right Shoulder This is a strong bullish reversal pattern. Moving Averages: Price hovers near the 100-day and 200-day MA, acting as a strong support zone (around $90k–$95k). This area is critical for sustaining long positions. Expected Move: Strong bullish potential...

CryptoSanders9563 Jul 7

BTC/USDT You have three circles highlighting repeated price rejections around the $109,000–$110,000 area (red resistance band). A descending trendline connects those high points, creating a sloping resistance. There is a broad support area around $98,000–$100,000 (green area below). The price recently broke above the trendline and is now retesting around that...

CryptoSanders9563 Jul 7

The US Dollar has broken below its ascending channel structure. The Ichimoku Cloud is now serving as a resistance zone, suggesting ongoing bearish pressure. If the retest of the broken pattern holds, further downside movement is likely. Given the usual inverse relationship between the US Dollar and the cryptocurrency market, this development could carry notable...

CryptoSanders9563 Jul 2

BTC remains in a retest phase after breaking out of the first descending broadening wedge. The price has returned to test the upper wedge trendline, which is now acting as support around ~$105,500. The purple 1 00-period MA (~105,570) overlaps this retest zone, adding additional confluence to the support. Ichimoku BTC is inside a green cloud, indicating...

CryptoSanders9563 Jun 21

Current Setup: The price hovers within a range (highlighted in red), bouncing off its trendline support. The RSI at 43 suggests it is close to the oversold zone, indicating a potential recovery. Bullish Scenario: If the trendline support holds, a breakout towards $108,000 is highly likely. (Blue arrow points to the target zone.) Risk Level: Watch for a breakdown...

CryptoSanders9563 Jun 21

Chart Insights: ETH is holding the lower trendline support (~$2,430), which indicates a potential reversal zone. The RSI is hovering around 39, which indicates oversold territory, suggesting that buyers may step in soon. Expected Move: The chart predicts a strong move upwards towards the $2,800–2,900 zone (blue arrow), which aligns with the top range...

CryptoSanders9563 Jun 13

BTC/USDT 4H Chart Update – After a strong rejection from the $110K+ zone, Bitcoin is now retesting a critical trendline support on the 4-hour chart. Key Highlights: Price dropped sharply to $103K, almost tagging the key ascending support zone. The previous breakout from the descending trendline is now being retested, which is a classic bullish retest...

CryptoSanders9563 Jun 11

ETH/USDT – 4H Chart Update Ethereum is trading near an ascending channel's upper boundary, around the $2,790–$2,800 area. This level has historically acted as strong resistance, and we are seeing early signs of price hesitation. ETH is testing the top of the channel. Rejection from this area could lead to a reversal towards the lower channel trendline near...

CryptoSanders9563 Jun 11

Bitcoin displays a classic “cup and handle” structure on the daily timeframe – a historically bullish continuation pattern. The price has successfully broken above the neckline (~$107,000), indicating that bullish momentum is underway. Thanks for your support! DYOR. NFA

CryptoSanders9563 Jun 4

ETH has broken out of a long-term downtrend (black diagonal trendline) and is now in a consolidation phase below the $2,800–$2,850 resistance. The price is currently $2,612, showing hesitation below the key horizontal resistance. Resistance Zones: $2,800–$2,850: Key horizontal resistance. Breaking above this confirms bullish continuation. $3,200 and $3,600:...

CryptoSanders9563 Jun 3

Chart Pattern: Inverted Head and Shoulders (iH&S) The chart shows a classic reversal pattern of the head and shoulders formation. Left Shoulder: Late January 2025 Head: April 2025 Right Shoulder: Potentially forming near current levels (~$100K–$102K) This bullish reversal pattern often leads to a strong bounce if the neckline is respected. Support...

CryptoSanders9563 May 31

BTC has been in an uptrend since early April 2025, breaking above a strong horizontal resistance line (visible in the chart). However, we can now observe a descending channel (falling wedge) after the peak, indicating a potential pullback. Support Levels: The price has tested the 50-day SMA (red) and is approaching the 200-day SMA (green), which is a strong...

CryptoSanders9563 May 30

Bitcoin (BTC/USDT) – Daily Chart Analysis Bitcoin has tested the overhead resistance and is currently retracing towards the $104k–$105k support area. Moving Average (MA 25): The price is slightly above the moving average, indicating that the medium-term trend is still bullish but faces resistance. Pattern Formation: There is a clear breakout from the inverted...