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#ETH is unable to break above the $2500 level. Price drops from there and goes below the support level to hunt stop losses. The good thing is that the price does not give a candle close below the uptrend line. A candle close below the uptrend line is bearish and dumps the price again towards the support level. #ETH2024

#ETH is unable to break above the $2500 level. Price drops from there and goes below the support level to hunt stop losses. The good thing is that the price does not give a candle close below the uptrend line. A candle close below the uptrend line is bearish and dumps the price again towards the support level.

#ETH2024

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#AIUSDT 🐂 Price breaking the falling wedge pattern👀 Breakout to resistance zone is imminent🚀 #AIUSDT
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#BTC 2024 started strongly for the futures market as the Chicago Mercantile Exchange Bitcoin (CME) Bitcoin (BTC) futures traded at $47,040 on January 2. This is reported to be higher than the spot price as analysts explore the cause for this price move. Crypto traders have also questioned whether the movement was only limited to CME, and if it has any significance in the future price move. In an attempt to answer this, some analysts have linked the feat to the market anticipation of the potential approval of the spot Bitcoin Exchange-Traded Fund (ETF). It can be recalled that a senior analyst at Bloomberg, James Seyffart, recently stated that a chance of ETF approval by January 10 has a 90 percent probability. Okay, we’re nearing in on deadline dates for 3 spot #Bitcoin ETF applications. I want to get ahead of it because there’s a pretty good chance we’ll see delayed orders from the SEC. Delays WOULD NOT change anything about our views & 90% odds for 19b-4 approval by Jan 10, 2024. Explaining the market behavior, analysts disclosed that a typical healthy market sees monthly futures contracts trading between 5 percent to 10 percent basis rate to account for a longer settlement time. A look at the CME’s Bitcoin futures between January 2023 and November 2023 shows that there was a very low premium relative to the BTC spot market. It has barely exceeded $350, a 14 percent increase annually. #BTC/Update #BTCETFSPOT
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🌟🔍 Binance Coin (BNB) in a Critical Zone 📉💠 🚨 BNB's Risky Range: Binance Coin (BNB) is currently in a precarious range between $241 and $205. Its position within this zone could significantly impact the broader digital currency market. 📉 Lack of Support Below $205: There is almost no static support below the $205 level. A fall below this point could lead to undesirable market consequences. 📈 Potential Upside Movement: As long as BNB remains within this box, an upward movement could positively influence the altcoin market. However, reaching the box's upper limit of $241 could hinder the growth of other altcoins. 🛒 BNB Buying Strategy: Consider buying BNB after it crosses $241, with a stop loss around $200, which represents a risk of approximately 20%. 🔻 Downward Movement Impact: A downward trend in BNB could lead to a drop in altcoin values. I'll discuss the implications of BNB falling below $205 in more detail later. 💡 Personal Approach: I plan to wait and buy BNB after it surpasses $241 and then hold. 🔍 Key Resistance Ahead: An important resistance to watch is at $350. Beyond this point, there is no significant resistance. 🔑 Related Categories: Binance Coin Analysis Market Impact and Strategy Support and Resistance 📣 How are you navigating BNB's current position? Do you see an opportunity or a risk? Share your insights! 💬🌐 #BNBAnalysis #CryptoMarketImpact #TradeCityPro 📚 Remember: Cryptocurrency trading is highly speculative and risky. Always conduct your own research and consider your financial goals and risk tolerance! 🧠💼 Support Creator Binance Id 436129247 #BTC #BNB🔥 #bnbprize #BNB+3.74% #bnbwin
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After a strong 2 months wave, btc is now showing signs of small weakness, might this be the beginning of a retrace? Charts shows the upwave started on october is still pretty intact, we have good support at around 40k level (first yellow circle), ready to help the bulls. If such support would fail, the next bigger one can be found on 35k (second yellow circle). Overall momentum is still on the upside we might get a dip in the coming days (might as well not!) but long-term hodlers shouldn't worry too much IMO, as always trade safe and good luck! #BTC #BTT #ftt
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#FTT/USDT #BTC Coin: $FTTUSDT Timeframe: #4HR Observation: Currently retesting the support of the raising wedge, and horizontal level of support, expecting to see reversal to the upside from here. This could either be a long swing with small leverage or SPOT hold for FTT. Expecting to see a mouvement to the upside.
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