Bitcoin Signal
BITCOIN 26% PUMP ALERT
Coin name- #BTCUSDT.
Signal type- Long
Based on the chart, BTCUSDT exhibits a bullish structure on the larger timeframe. The ascending wedge pattern and the fair value gap (FVG) support potential upward momentum. Key resistance lies near $138,000. However, a breakdown below the structural support could turn bearish. Volume analysis and RSI confirmation are crucial.
The BTC dominance chart forms a symmetrical triangle pattern, indicating consolidation. A breakout above resistance could signal a bullish trend, leading to Bitcoin gaining dominance. Conversely, a breakdown below support may suggest a bearish shift, favoring altcoins. Monitoring volume and RSI indicators is essential for confirming the breakout direction.
The TOTAL market cap chart displays an ascending channel, indicating a bullish trend. Consistent higher highs and higher lows suggest market strength. A breakout above the upper channel could confirm further upside potential. However, losing the lower channel support would shift momentum to bearish. Volume and MACD signals should guide confirmation.
This liquidation heatmap for BTC/USDT highlights zones of high leverage liquidations. The dominance of liquidation clusters near $94,000 suggests significant bearish pressure, with longs being wiped out. If price stabilizes above dense liquidation areas, a bullish reversal is possible. Monitoring order flow and funding rates is crucial for directional confirmation.
Entry Price- 94,685
T/P- 96,000
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