BCH/USDT1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN CASH update from Crypto Sanders.
Chart Analysis:- Bitcoin cash (BCH) was a notable gainer on Monday, as the token rose to a two-month high to start the month.
BCH/USD peaked at 246.98 earlier in the day, after trading at a low of 233.74 during Sunday’s session.
This was the strongest point that Bitcoin cash has hit since July 31, when the price reached a high of 259.00
today’s move comes after a key resistance level of 245.00 was briefly broken, bulls have gone on to retreat from earlier positions.
One reason for this was a collision that occurred on the relative strength index (RSI), which hit the 70.00 resistance point.
Currently, the index is tracking at 69.53, with BCH at 243.30 as of writing.
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ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) rose for the fourth consecutive session as the cryptocurrency remained above the 1,620 support level.
ETH/USD reached a peak of 1,640.52 on Friday, just 24 hours after the price hit a low of 1,618.73.
The above highs took the world's second-largest cryptocurrency to its strongest level in seven days.
Earlier gains have faded somewhat, as traders failed to break the key resistance level of 47.00 on the RSI indicator.
The index is now at a reading of 44.41, with a support point of 40.00 as a potential target.
Sentiment looks bullish, as the upside potential between the 10-day (red) moving average and its 25-day (blue) counterpart remains high.
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Reasonable Crypto Trade on weekly ZEC chart?Reasonable Crypto Trade on weekly ZEC chart?
Risk/Reward Ratio = 15
Let me know your thoughts in the comments🤗
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Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
Injective (INJ): A Top Performing CryptocurrencyInjective has been one of the top-performing cryptocurrencies this year. Let’s see what happens next!
What is Injective? Injective is a blockchain designed for finance, powering DeFi applications such as decentralized spot and derivatives exchanges, prediction markets, and lending protocols. It offers core financial infrastructure primitives and a fully decentralized MEV-resistant on-chain orderbook. Its cross-chain bridging infrastructure is compatible with Ethereum and other blockchains. Injective uses the Cosmos SDK and a Tendermint-based Proof-of-Stake (POS) consensus mechanism, providing fast performance and transaction finality. It also provides a highly interoperable smart contract platform based on CosmWasm. INJ, its token, is used for protocol governance, dApp value capture, POS security, developer incentives, and staking.
Injective’s Current Trend
Injective (INJ) has been making waves in the cryptocurrency market, gaining 700% since the beginning of the year. INJ has stood out in the market due to its consistent upward trend, avoiding any significant periods of consolidation.
Currently, it appears that INJ is pulling back to its support level of $5.00. This pullback will result in a 50% drop from its 2023 high. The $5.00 support level is expected to hold, and afterwards we may see INJ continue its uptrend towards the all-time high.
For traders, one of the best aspects of INJ is its volatility. The daily candles of INJ are very large, which means that there is a lot of intraday volatility. This characteristic is a great advantage for day traders, as they can make quick returns.
Conclusion: Injective has proven to be one of the top performing cryptocurrencies this year, offering consistent upward momentum and high intraday volatility. With its pullback to the $5.00 support level, traders should keep a close eye on the price action of INJ in the coming days.
Polygon MATIC leaving the penny crypto area after last Fakeout⁉️MATIC leaving the penny crypto area after last Fakeout⁉️
Like in Stock Market the $1 mark is important for cryptocurrencies as well
Just see Polygon price reaction on the chart
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New ApeCoin Crypto Analysis on Consolidation and Price ActionApeCoin (APE), one of the newest cryptocurrencies to launch on the Ethereum blockchain, already ranks in the top 100 cryptos by market capitalization. However, since the APE token was only launched on March 17, we have limited historical price data to assess the market sentiment.
However, even a smaller historical price data sample can tell a story of what’s happening behind the curtain.
Price Consolidation
After reaching an all-time high of $28.00 on the day it was launched, APE's price pulled back and is now consolidating between the $16.50 - $9.50 range zone. Short-term, within this price consolidation, we can see some upside pressure.
Up from the $9.50 support level, APE's price is trading within an ascending channel, with the price making a series of higher highs followed by a series of higher lows. Additionally, the RSI oscillator broke above the 50 mid-level to signal a strong bullish momentum behind the move.
On the daily chart, we also have the potential of developing the 3 white soldiers pattern, which calls for a continuation to the upside.
Looking forward: While the $10.00 psychological level holds the ground, the bulls have the upper hand. At the same time, a clear breakout above $16.50 can open up the door for a test of the next resistance, namely $20.00 followed by the all-time high of $28.00.
$eth $ethusd update. shrug on count @cryptoknee$eth $ethusd trade up date cuz i dont know wtf count wise, yet, took prof still short, still greedy and looking fer 123. for next T. Channel resist ? if 123 no hold 105 for now..need fresh look... #cryptotrading #channelgang #nodiag #Elliottwave #Elliotwave #cryptotrader #DilliesLurkin Not looking to add to shorts quite yet.... hunting clarity
CRYPTOCAP Will History Repeat Itself ?Two similar Charts. The first is the Crypto Market Cap, and the second one is Nadaq 100 Index.
The question is whether history will repeat itself.
Technically, there is a chance for a similar pattern.
Disclaimer:
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature,
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
$ETH outperforms most of the #crypto marketEthereum has been performing increases as the capitalisation of the crypto market was rising. It has been one of cryptocurrencies with the largest rise of the whole market.
ETH/USDT has risen more than 75% in the las 15 days. It went from $150 to $280 in this period of time.
ETH is currently hovering around the resistance R1 at 265. If the positive momentum takes over the crypto market, ETH is very likely to make a retracement to S1 at 260 and keep rising to its next stop, R2 at around 280.
In case the bull run continues, we could automate a strategy that will open long positions once volume and price rise at the same time , which would mean breaking R1 and heading to R2. With Cryptohopper we could use the indicator OBV, selecting it for our strategy, so once the OBV level rises above the blue line (made by a moving average of the OBV level), the strategy will give a Buy signal on this market.
This strategy will run 24/7 scanning this or other 75 markets.
—CRYPTOHOPPER—
$BTC aiming for $8,400 but with bearish intraday trend - #cryptoBitcoin made a 10 months high on May 16th. It reached levels near $8,400 that were not seen since July 2018. After making this 2019 new high, the price retraced exactly to $7,000 to consolidate the latest pumps.
Now, Bitcoin is going up again and aiming for R1. However, in this 30 minutes chart we can see how its price has made three decreasing maximums in a row. Maximums or pivots that are below the previous ones usually mean that there are bearish pressures, nevertheless, it still is in an upward channel. If it breaks the upward line that is currently supporting the price we could expect further falls.
Currently, the BTC finds itself in a symmetrical triangle, which indicates that once the triangle is almost completed, the price will make a sharp move up or down.
--CRYPTOHOPPER--
cryptohopper.com
Disclaimer: None of these statements are financial advice. Cryptohopper is a trading platform that allows the user to trade with cryptocurrencies according to their strategies and signals. The information provided by the staff is merely informative.
Market analysis provided by Antonio Verdu, TA specialist at Cryptohopper.
LITECOIN: CRYPTOCURRENCY MASS ADOPTION APP? - PROFIT = 10.53% !Our "Crypto Bottom" Trade Indicator has identified a buy in point on the 13th of July 2018 .
Using this buy in point and selling at today's peak price a you would have expected to net 10.53% PROFIT!!!
The increase in price may also be explained by positive developments including:
July 17: Tokenpay Swiss AG has officially confirmed that it has acquired a 9.9 percent stake in WEG Bank AG in partnership with the Litecoin Foundation. The terms of the agreement will also include options to purchase approximately 90% overall of the bank, pending the customary regulatory approval.
July 25: Flexa has launched its closed beta allowing users to load up on Litecoin and pay for items at stores like Starbucks and Nordstrom without having to manage cryptographic keys.
The price increase is the result of a recovery in the overall crypto markets and the positive developments highlighted above.
***The "Crypto Bottom Signal" and "Crypto Peak Signal" used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for further details)***
DECRED: CRYPTO BOTTOM SIGNAL = 71.78% PROFIT!!!Our "Crypto Bottom" Trade Signal has correctly identified a buy in point on the 25th of April 2018.
Using this buy in point and selling at today's price, you would have expected to net 71.78% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 19: YBF Ventures announce our corporate partnership with Decred as part of our Web 3.0 hub.
April 28: Decred V1.2.0 Released. This release of dcrd contains significant performance enhancements, infrastructure improvements, improved access to chain-related information for providing better SPV (Simplified Payment Verification) support, and other quality assurance changes.
A significant amount of infrastructure work has also been done this release cycle towards being able to support several planned scalability optimizations.
This includes the following changes:
Significantly Faster Startup
Support For DNS Seed Filtering
Committed Filters
Updated Atomic Swap Contracts
April 29: New Decred Slack invite page is up and running.
May 2: Innosilicon's world class R&D team just released the latest global leading miner D9 (Decredmaster)
May 2: Significant optimization achieved in how Decred performs signature hash calculations. Improvements in both speed (306x faster) and memory allocation (91% reduction) for a transaction with many inputs.
May 4: Decred has been listed on Upbit exchange.
May 6: Minertopia releases new Decred mining pool with 1% fees.
May 12: Decred is exihibited at Consensus 2018.
May 19: First beta of Decreds's ticket splitting mechanism released. Decred users are able to buy ticket fractions & reduces barriers to entry to participate in Decred's governance.
The positive news combined with the uptrend in prices from the general crypto markets can explain the increase in price.
**The "Crypto Bottom SIgnal" used in this analysis is included as part of the Crypto Trade Signals subscription.**
LITECOIN: CRYPTO BOTTOM SIGNAL = 28.05% PROFIT!!!Our "Crypto Bottom" Trade Signa l has correctly identified a buy in point on the 25th of April 2018 .
Using this buy in point and selling at today's price, you would have expected to net 28.05% PROFIT!!!
This increase in Litecoin is in line with a broader rise in the cryptocurrency markets.
DOGE/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this DOGE/USDT update from Crypto Sanders.
Chart Analysis:- Dogecoin (DOGE) rose by over 10% earlier today, as the global cryptocurrency market cap returned to the green.
DOGE/USD peaked at 0.07489 on Thursday, following a low of $0.06596 the day before.
move sent dogecoin to its strongest point since August 14, when the price climbed to a high of 0.0771.
this is the seventh day in the last eight sessions that the meme coin has traded in the green.
This latest surge has pushed the 14-day relative strength index (RSI) to a current reading of 80.21, above a ceiling of 76.00.
As a result of prices being overbought, current buyers may now begin to secure their profits.
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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 chart suggests a bearish outlook in the short term due to the breakdown below the trendline and the formation of a head and shoulders pattern. The next key support level to watch is around $52,408.76. If the price bounces from this level, it could indicate a potential reversal or consolidation phase. However, if it breaks below this support, further downside could be expected.
Feel free to ask for a more detailed analysis or additional charts!
Remember:-This is not a piece of financial advice. Stay tuned to us for further updates and analysis. Thank you!
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!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.
Bitcoin has broken down the ascending trendline and is trading within the Ichimoku cloud zone. Expect downward movement and consolidation inside the ascending triangle. A breakout above the horizontal resistance could lead to significant gains.
Stay tuned for further updates and analysis. Thank you!
Remember:-This is not a piece of financial advice. Stay tuned to us for further updates and analysis. Thank you!
!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 1DAY UPDATE BY CRYPTOSANDERS !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.
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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#ETH/USDT 4-HOUR CHART UPDATE BY CRYPTOSANDERS! 📈🚀Hello friends, welcome to this ETH/USDT update from Crypto Sanders.
4-hour ETH chart: Sideways consolidation near $3K support, then bullish surge towards $3234-$3324 resistance. Sellers regained control, causing renewed bearish momentum. Price expected to remain within the $2.8-$3.3 range until breakout.
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BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
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Despite facing notable resistance from both the MA 100 and the Ichimoku Cloud, Bitcoin (BTC) continues to hold above the ascending trendline support. The current scenario presents a turning point for BTC traders and investors.
A decisive breakout above the Ichimoku cloud would not only validate bullish sentiment but could also catalyze further upside momentum, potentially signaling a shift towards more bullish market sentiment.
Conversely, if BTC experiences a sustained break of the rising trend line, it will signal the emergence of bearish momentum, potentially leading to increased selling pressure and a downward trend in the market.
Thus, market participants are closely monitoring these technical indicators, as they provide valuable insight into the short to medium-term price trajectory of BTC and overall market sentiment.
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 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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