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Hey everyone! Bitcoin continued to decline last week and formed a Head and Shoulders pattern. At the midpoint of the structure, $1.25 billion were liquidated from investors who were betting on a rise! 🤯
The big question is: will the market recover? Comment here with your thoughts on this Bitcoin analysis. And don’t forget to follow the page for more crypto market insights!
4o
#Bitcoin❗ #btc70k #BTC/USDT. #BNB_Market_Update
The big question is: will the market recover? Comment here with your thoughts on this Bitcoin analysis. And don’t forget to follow the page for more crypto market insights!
4o
#Bitcoin❗ #btc70k #BTC/USDT. #BNB_Market_Update
Bitcoin has returned to testing the safe trading zone (121 and 200 moving averages). The price needs to surpass these averages, which currently serve as resistance levels. The Ichimoku indicator has formed a bullish trigger, making it natural for the price to test and validate the 58,523 region.
#bitcoin #Binance #BNB #Xrp🔥🔥 #USDT
#bitcoin #Binance #BNB #Xrp🔥🔥 #USDT
$BTC
Update - September 2, 2024
The BTC price pattern remains valid and presents a trading opportunity within specific technical parameters. Today, the market may approach the 121 and 200-period moving averages, regions that provide a safe trading zone. This safe zone is crucial as it represents a price range where the asset tends to find support, reducing the likelihood of abrupt swings and offering greater stability for trading decisions.
The BTC/USDT pair recently formed a Head and Shoulders (H&S) pattern, known for indicating potential trend changes and high volatility. This pattern, being one of the most challenging to operate within harmonic analysis, requires special attention. I have identified specific points that could trigger a "dump" (sharp sell-off) and also a potential reversal point.
For a market reversal to take hold, it is essential for the price to return to the safe trading zone, meaning it must move above the 121 and 200-period moving averages. If the decline continues, breaking the 57,867.95 level will be crucial.
Additionally, in the 54,453 region, there is a critical level for liquidating long positions, where major market players and exchanges might choose to take profits. This point is viewed as the midpoint of the current price structure.
The maximum limit projected by the pattern points to a significant liquidation of $1.89 billion in the 51,163 region. At this level, it is likely that major players will attempt to stabilize the market, given the high volume of long position liquidations.
#btc70k #BNB #ETH #AI #Binance
Update - September 2, 2024
The BTC price pattern remains valid and presents a trading opportunity within specific technical parameters. Today, the market may approach the 121 and 200-period moving averages, regions that provide a safe trading zone. This safe zone is crucial as it represents a price range where the asset tends to find support, reducing the likelihood of abrupt swings and offering greater stability for trading decisions.
The BTC/USDT pair recently formed a Head and Shoulders (H&S) pattern, known for indicating potential trend changes and high volatility. This pattern, being one of the most challenging to operate within harmonic analysis, requires special attention. I have identified specific points that could trigger a "dump" (sharp sell-off) and also a potential reversal point.
For a market reversal to take hold, it is essential for the price to return to the safe trading zone, meaning it must move above the 121 and 200-period moving averages. If the decline continues, breaking the 57,867.95 level will be crucial.
Additionally, in the 54,453 region, there is a critical level for liquidating long positions, where major market players and exchanges might choose to take profits. This point is viewed as the midpoint of the current price structure.
The maximum limit projected by the pattern points to a significant liquidation of $1.89 billion in the 51,163 region. At this level, it is likely that major players will attempt to stabilize the market, given the high volume of long position liquidations.
#btc70k #BNB #ETH #AI #Binance
The BTC/USDT pair has formed a Head and Shoulders (H&S) pattern, which could indicate high market volatility. This pattern is considered one of the most complex to trade within harmonic analysis, so I've marked specific points for a potential "dump" trigger and a reversal point.
For a reversal to begin, the price needs to return to the safe trading area, meaning above the 121 and 200-period moving averages.
Another important note: for the price to continue declining, it needs to break through the 57,867.95 level. In the 54,453 region, we have an important reference for the liquidation of long positions, where brokers and large players may take profits. This would be the midpoint of the structure.
The maximum limit of the pattern points to a liquidation of 1.89 billion in the 51,163 region, where large players may attempt to hold the market due to the large volume of long position liquidations.
#BTC #BNB #Xrp🔥🔥 #btc70k #BNB
For a reversal to begin, the price needs to return to the safe trading area, meaning above the 121 and 200-period moving averages.
Another important note: for the price to continue declining, it needs to break through the 57,867.95 level. In the 54,453 region, we have an important reference for the liquidation of long positions, where brokers and large players may take profits. This would be the midpoint of the structure.
The maximum limit of the pattern points to a liquidation of 1.89 billion in the 51,163 region, where large players may attempt to hold the market due to the large volume of long position liquidations.
#BTC #BNB #Xrp🔥🔥 #btc70k #BNB
In the specific case of Dogecoin (DOGE), a cryptocurrency known for its volatility, technical analysis based on Sacred Geometry can be used to identify significant confluence points.For example, by plotting trend lines based on Metatron's Cube mathematics, investors can identify areas of support and resistance that have historically been important to the market.In summary, applying Sacred Geometry to the technical analysis of Dogecoin and other financial assets offers an alternative approach to understanding long-term patterns and trends in the markets.$BTC $BNB #Binance #DogecoinPotential
$BTC open an observation where the asset can mitigate the lows, give it an opportunity and continue on the rise.
Overview:
The LINK/USDT pair shows promising signs, suggesting a possible recovery towards previous highs, located in the range of 15.37 to 16.65. This analysis seeks to explore the opportunities
The LINK/USDT pair shows promising signs, suggesting a possible recovery towards previous highs, located in the range of 15.37 to 16.65. This analysis seeks to explore the opportunities
"The Hidden Wisdom in Geometry: Revelations of the Metatron's Cube in Financial Markets
In volatile times, wisdom teaches us to look beyond the superficialities of the market. Geometry, indeed, proves to be an unparalleled tool in the quest to understand the market's designs. However, behold the emergence of a long-concealed truth: the convergence of the market with the legendary Metatron's Cube.
In the meticulous tracing of the Cube's angles, the signs are unveiled, revealing the secrets of imminent turns and tides. But even more fascinating is the revelation that the domains of the Metatron's Cube unveil strategic points capable of inciting upward movements, as recently witnessed in the vortex of Doge USDT.
In this epic of knowledge, it is understood that the intersection of the Cube's angles with the emerging patterns of Doge USDT becomes a vital key to anticipate and, dare I say, to provoke bold movements towards the apex.
This intrepid journey sheds light on the importance of not only considering conventional indicators but also incorporating geometric mysteries to unveil the secrets that the financial market holds. With the growing awareness of the hidden power of the Metatron's Cube and its angles, wise investors are prepared to glimpse and react skillfully to rapid changes and enticing opportunities that the world of cryptocurrencies provides.
The journey towards understanding and fearlessly applying geometry in the art of technical analysis reveals itself as the essential path to unlock the hidden treasures in the pulsating heart of the markets. By embracing the intricate intersection between geometric theory and the unpredictable dance of the market, noble investors can finally conquer distant horizons and find the fortune they yearn for."#Binance
#BTC
#BNB
#ETH
#USDT
#BinanceSquare
#solana
#CBDC
#Polígono
In volatile times, wisdom teaches us to look beyond the superficialities of the market. Geometry, indeed, proves to be an unparalleled tool in the quest to understand the market's designs. However, behold the emergence of a long-concealed truth: the convergence of the market with the legendary Metatron's Cube.
In the meticulous tracing of the Cube's angles, the signs are unveiled, revealing the secrets of imminent turns and tides. But even more fascinating is the revelation that the domains of the Metatron's Cube unveil strategic points capable of inciting upward movements, as recently witnessed in the vortex of Doge USDT.
In this epic of knowledge, it is understood that the intersection of the Cube's angles with the emerging patterns of Doge USDT becomes a vital key to anticipate and, dare I say, to provoke bold movements towards the apex.
This intrepid journey sheds light on the importance of not only considering conventional indicators but also incorporating geometric mysteries to unveil the secrets that the financial market holds. With the growing awareness of the hidden power of the Metatron's Cube and its angles, wise investors are prepared to glimpse and react skillfully to rapid changes and enticing opportunities that the world of cryptocurrencies provides.
The journey towards understanding and fearlessly applying geometry in the art of technical analysis reveals itself as the essential path to unlock the hidden treasures in the pulsating heart of the markets. By embracing the intricate intersection between geometric theory and the unpredictable dance of the market, noble investors can finally conquer distant horizons and find the fortune they yearn for."#Binance
#BTC
#BNB
#ETH
#USDT
#BinanceSquare
#solana
#CBDC
#Polígono
