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BTCUSDT CHART UPDATE !!The BTC/USDT chart on the 4H timeframe shows a symmetrical triangle pattern, with price action near the top. Bitcoin is currently testing the lower trendline, a key support level. A breakdown below this level could lead to a decline towards the green demand zone of around $92,000. On the other hand, if BTC manages to hold the support and bounce back, it could attempt another test of the upper resistance trendline. A decisive breakout in either direction will confirm the next trend. Keep an eye on increased volume to validate any breakout moves. If you found this analysis helpful, hit the Like button and share your thoughts or questions in the comments below. Your feedback matters! Thanks for your support! DYOR. NFA
by CryptoSanders9563
BTC/USDT Analysis. The price is currently bouncing off the mid-level of the channel, aiming for the upper resistance near $110,000. $92,500–$95,000 (green area): This is a strong horizontal support area that aligns with the lower boundary of the channel. It has been tested multiple times and is holding well. A breakdown below this area could signal a move towards $85,000 or lower. $100,000 (psychological resistance): A crucial level that needs to be cleared for the uptrend to continue. $110,000: Upper channel resistance and next major target. The 21-MA (black line) is acting as immediate support, while the 50-MA (red line) is moving upwards, indicating bullish momentum. Bitcoin recovering and continuing to stay above the moving averages is a positive sign. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always conduct your research and consult a financial advisor before making investment decisions. For updates on other coins or personalized insights, feel free to reach out via DM. @Peter_CSAdmin
Long
by CryptoSanders9563
BITCOIN 4HOUR UPDATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders. BTC/USDT Analysis – Short Update BTC is trading within this bearish pattern. Rebound: BTC is rebounding from the horizontal support zone. The 100-day moving average is acting as resistance. Potential Movements: A breakdown below the support zone would indicate a bearish trend. A breakout above the triangle would suggest a bullish trend. Stay tuned for further updates. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
#BTC/USDT 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/USDT quick update Pattern: An inverse head and shoulders pattern has formed in BTC. Recent Highs: BTC recently hit a record high near $72,000. Current Situation: BTC is at an important resistance level. Potential Drop: It looks like BTC could drop closer to $65,000. Pattern Invalidation: If BTC does not fall and moves above the resistance, the chart will be invalidated. Stay tuned for more updates! Remember:-This is not a piece of financial advice. Stay tuned to us for further updates and analysis. Thank you!
by CryptoSanders9563
BTC/USDT WEEKLY AND 1DAY CHART 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, Weekly update. 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. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
6
BITCOIN 1DAY UPDATE Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:- Bitcoin (BTC) edged below the 28,000 level during today’s session, as traders moved to secure Monday’s gains. After surging to a peak of 28,494 to start the month of October, BTC/USD slipped to a low of 27,374 earlier in the day. The decline came after the cryptocurrency climbed to its highest level since August 17, however, this momentum was also its downfall. This was owing to the fact that Monday’s move pushed the 14-day relative strength index (RSI) above the 70.00 level, and into overbought positions. price strength is now tracking at 59.93, which is marginally above a support point of 57.00. In the event that this aforementioned floor is broken, there is a good chance that BTC could slip below $27,000 in the coming days. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
3
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin surged to a multi-week high on Monday, as traders began to anticipate the upcoming Federal Reserve meeting. BTC/USD rallied to an intraday high of 27,222.98 earlier today, following a low of 26,415.52 the day prior. bitcoin climbed to its strongest point since August 31, when price peaked at 27,576. Despite the rise in momentum, bulls may not be satisfied and are likely targeting a ceiling at the 28,000 mark. Monday’s gain comes as the relative strength index (RSI) jumped past a ceiling of 53.00, and is now residing at 58.25. A resistance level of 60.00 will likely be the next primary target for bulls in the market. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
1
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS. CHART ANALYSIS:-Bitcoin ( BTC ) turned lower in today's session as markets reacted to news that the US manufacturing sector remained in contraction territory. In its monthly report, the ISM's Manufacturing Index came in at 47.7, and generally, any reading below 50.00 indicates a contraction. As a result, BTC/USD slipped to a one-day low of $23,374.66, a day after trading at a high of $23,821.15. The decline occurred as bitcoin bulls were unable to sustain a breakout above the $23,800 resistance. Additionally, the 14-day Relative Strength Index (RSI) also declined after a failed breakout of the ceiling at 55.00. Price strength is tracking at 51.32, which is close to the long-term floor at 50.00. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you.
BITSTAMP:BTCUSD
by CryptoSanders9563
1
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