$BTC Alert!!

In my previous post, I highlighted two key reversal areas. The market has currently encountered resistance at the first area.

So, what’s next?

There are two potential scenarios:

1. Rejection at the First Reversal Area: If the market continues to face rejection at this level, it is likely to reverse and drop back to the $70,000 region, which marked the beginning of the recent uptrend.

2. Breakthrough of the First Reversal Area: Should the market manage to surpass this level, it could advance to the second reversal area before potentially reversing back to the $70,000 region.

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Action Steps:

1. Monitor Key Levels: Watch for signs at the first reversal area.

2.Set Alerts: Stay updated on market movements.

3.Analyze Volume: Check trading volume for support strength.

4.Review Indicators: Use tools like moving averages and RSI.

5.Manage Risk: Set stop-loss orders.

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Special Tips:

Protect Capital: Focus on major swings.

Research & Stay Calm: Do your own research.

Stay Updated: Follow market movements.

Disclaimer:

This is Not a financial advice; confirm trends before trading.