Cryptosanders👑
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https://www.tradingview.com/chart/BTCUSDT/5rl4UzYR-Here-is-the-analysis-of-your-BTC-USDT-1D-chart/
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 of the descending triangle pattern (black trendline) — a bullish signal.
Strong breakout volume (green arrow) indicates conviction.
A retest of the breakout level (yellow area) at ~$92,000–$93,000 as support could confirm continuation.
Key Levels
Support:
88K
–$90K
Breakout Zone: ~
92K
Target Zone: $110K–$120K range if momentum continues
Golden Cross-like structure forming again
Downtrend resistance broken
Retest at horizontal resistance in progress
Look for confirmation of holding above the yellow zone to target higher levels
Cryptosanders always provides crisp chart alpha.
NFA – DYOR
Share your thoughts or setups!
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Hey, check out the crypto market overview today @CoinMarketCap 🚀
https://coinmarketcap.com/charts/
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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 upward rally towards 88,000 USDT or above.
Bearish Case: If the price breaks below the support zone, a downward move towards 75,000 USDT can be expected.
Monitor the trade closely to see how it reacts around these crucial levels. Adjust your strategy accordingly based on the price action. If you have further questions or need analysis on specific indicators, feel free to ask!
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
https://www.tradingview.com/chart/BTCUSDT/bVHLc3KB-Bitcoin-is-currently-trading-around-85-269-35-USDT/
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https://www.tradingview.com/chart/BTCUSDT/DF2nju20-Based-on-the-BTC-USDT-4-hour-chart/
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 breakout above the upper trend line could lead to an upward rally towards 88,000 USDT or above.
Bearish Case: If the price breaks below the support zone, a downward move toward 75,000 USDT can be expected.
Monitor the trade closely to see how it reacts around these crucial levels. Based on the price action, adjust your strategy accordingly. Feel free to ask if you have further questions or need analysis on specific indicators!
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
1 694
Repost from N/a
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Repost from N/a
Hey, check out the crypto market overview today @CoinMarketCap 🚀
https://coinmarketcap.com/charts/
