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.
moving average analysis
Moving Average Crossover:
20-day moving average (20MA) and 50-day moving average (50MA) crossover: A bullish signal is given when the 20MA crosses above the 50MA. This crossover indicates upward momentum, indicating the possibility of further increases in the price of BTC.
chart pattern analysis
Recent Breakouts:
Pattern Formation: Upon observing the charts, the recent price movement shows a pattern similar to previous breakouts. Historically, when BTC forms such a pattern, it signals the beginning of a significant rally. The current pattern visible at the top of the chart suggests another possible upside breakout.
historical comparison
Previous Rally: The last time BTC displayed a similar crossover and pattern, which was followed by a notable rally. Given this historical precedent, we can expect a similar increase this time too.
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.
Hit the like button if you like it and share your charts in the comments section.
Thank you.
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.
moving average analysis
Moving Average Crossover:
20-day moving average (20MA) and 50-day moving average (50MA) crossover: A bullish signal is given when the 20MA crosses above the 50MA. This crossover indicates upward momentum, indicating the possibility of further increases in the price of BTC.
chart pattern analysis
Recent Breakouts:
Pattern Formation: Upon observing the charts, the recent price movement shows a pattern similar to previous breakouts. Historically, when BTC forms such a pattern, it signals the beginning of a significant rally. The current pattern visible at the top of the chart suggests another possible upside breakout.
historical comparison
Previous Rally: The last time BTC displayed a similar crossover and pattern, which was followed by a notable rally. Given this historical precedent, we can expect a similar increase this time too.
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.
Hit the like button if you like it and share your charts in the comments section.
Thank you.
