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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 2-day update.
The first head and shoulders that we see has been completed and is pending retest, we can assume that the first head and shoulders can retest 100 MA, and BTC can reach $49000
In the second Head and Shoulders pattern, the last shoulder is yet to form, it looks like this, so we can assume that the second Head and Shoulders pattern can be completed near $37000 and if it breaks above then its resistance zone will be at $49000. It will be close. $49000. We may see a new all-time high in BTC. The time for BTC halving is also getting closer.
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.
https://www.tradingview.com/chart/BTCUSDT/1fjCshp6-BTC-USDT-2DAY-CHART-UPDATE-BY-CRYPTOSANDERS/
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Hello friends, welcome to this ETH update from Crypto Sanders.
Chart Analysis:- The cryptocurrency has been forming a falling wedge pattern since failing to break the 2,700 resistance zone.
A bullish breakout from the wedge could result in a retest of the 2,700 level, while a breakdown would be disastrous, as the price could drop to the 2,400 level in no time.
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.
https://www.tradingview.com/chart/ETHUSDT/yo8dTFab-ETH-USDT-4HOUR-UPDAT-BY-CRYPTOSANDERS/
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Hello friends, welcome to this BITCOIN update from Crypto Sanders.
Chart Analysis:- the rejection from the 48K resistance zone extended, with the price breaking below the lower boundary of the ascending flag, indicating the presence of sellers. However, after a strong breakout, a retracement towards the flag’s lower boundary is underway, potentially completing a pullback. If it happens, the retrace could pave the way for the continuation of Bitcoin’s downward movement in the short term, targeting the static support range of 39K.
Bitcoin’s mid-term prospects suggest consolidation within the critical price range bounded by the substantial resistance zone at 48K and the decisive support at 39K. Nonetheless, a successful breakout from this zone will shed light on the cryptocurrency’s next impulsive trend.
https://www.tradingview.com/chart/BTCUSDT/F8I3diHt-BTC-USDT-4HOUR-CHART-UPDATE-BY-CRYPTOSANDERS/
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#CAKE/USDT trade setup
Entry Range: Consider entering between CMP to $2.86, laddering in slowly.
Stop Loss (SL): Set a stop-loss at $2.80 to manage potential losses.
Target Range: Aim for a profit between 15% to 40%.
Leverage: Keep leverage low due to the previous pump. Enter cautiously and avoid high-risk positions.
Always DYOR (Do Your Own Research), and remember NFA (No Financial Advice) – this information is not a recommendation for financial decisions.
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#BLZ/USDT Long Trade Setup:
Entry Point: To enter at the current market price (CMP) and $0.3340Consider adding more positions up to.
Target:$0.3550. $0.3650. $0.3750. $0.3850. $0.40
Stop Loss (SL): Set stop-loss at $0.33 (mandatory) to effectively manage potential losses.
Leverage: Use leverage based is not financial advice
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