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Bearish
$PENDLE - price anaysis:
Overbuy H4 & D1❗️
Bearish wedge forming also!❗️
Possible correction soon! 📉 [short idea]
[avoid high leverage] #dyor
#trading #crypto #pendle
#JBVIP
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$NEAR - Price analysis request: 📊 Zooming on the weekly view, the price probably hitted a long term bottom around the 3.00$. (lagging span on prices & retest of the SSA). The daily price is bearish but it's now moving into a bullish correction upward phase📈 If the price breaks the downtrend and the $4.00 zone, upside potential could be released towards $4.500. But I think more that it will consolidate for some days/weeks between the 3.500 - 4.00$ zone. I therefore expect high volatility and further pumps and dumps ⚠️ Local key support: 3.500$ Key resistances: [HTF] 3.900/4.00 - 4.400 and 4.800$ ➡️To conclude, A room is open for a pump, I think the price could continue to climb to retest the $4,00 zone, but the downtrend must be broken! The 3.500$ support is the key level to watch. Then we could expect another bearish rejection. #NEAR #TradingMadeEasy #Crypto_Jobs🎯 #BTC☀
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$NEAR - price analysis request: Zooming on the weekly view, the price probably hitted a long term bottom around the 3.00$. (lagging span on prices & retest of the SSA). The daily price is bearish but it's now moving into a bullish correction upward phase📈 If the price breaks the downtrend and the $4.00 zone, upside potential could be released towards $4.500. But I think more that it will consolidate for some days/weeks between the 3.500 - 4.00$ zone. I therefore expect high volatility and further pumps and dumps ⚠️ Local key support: 3.500$ Key resistances: [HTF] 3.900/4.00 - 4.400 and 4.800$ ➡️To conclude, A room is open for a pump, I think the price could continue to climb to retest the $4,00 zone, but the downtrend must be broken! The 3.500$ support is the key level to watch. Then we could expect another bearish rejection. #NEAR #TradingMadeEasy #NEAR🚀🚀🚀 #BTC☀
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$BTC - daily price update:📊 The price turned bearish on the daily but it hasn't confirmed the breakout of the channel. Daily pressure was very strong and it managed to close above $54,000 and the channel's lower limit! As mentioned in my long-term analysis, the 49,000-51,000 area will probably mark a long-term bottom before BTC explodes higher. (Retest of the weekly break and the previous ATH of 2021! ➡️For the long term, as long as prices remain above $48,000, I'll remain bullish📈 ➡️The current price is very neutral in H4. it is now retesting a possible daily bearish break. The $58,000-$59,600 zone should push prices back down again. For market sentiment to improve, I think a clear break of the $60,000 mark is necessary, but it will be difficult on the first try! I think the price is forming a bear flag (H4 - H2) (bearish continuation pattern). It should fall back towards the $54,000 or even $52,000 area. 📉 As long as the price remains in this resistance zone and doesn't break the $60,000 mark, I recommend not FOMO buying, but rather short!🚨🚨🚨 I shared a possible scenario in the charts. #DYOR #BTC☀ #bitcoin☀️ #BTC500K #Market_Update
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AUGUST Trading data: [WEEK 1]🚀 Total Position: 11 W/L: 81.8%💥 SPOT gains: Not traded yet Leverage gains: +180 %💥 (cumulative) Current winning serie: 6/6🏆 🔸Not to mention tons of other great analysis! 🔸Beginnings and ends of months are often very volatile! We should be seeing easier setups in the next few days! 🔸I have taken your requests into consideration and will therefore post analyses at risk. With patience and a clear view of the market, this should bring us closer to the 85-90% win rates of the best months! 🔸We should see good SPOT setups once the market is more stable. For the time being, I recommend avoiding long positions. Take your profits faster with this high volatility! I scrolled many #ALTS and the market is currently very neutral!!! Will #bitcoin print a pump toward 59 000$ or 60 000$ upper resistance.? Will it get rejected and dump toward 54 000$ again?? #Dyor2024 #TradingMadeEasy $BTC #cryptojobsvip🐸
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$ETC price looks similar as $BTC one. Key resistance zone and possible bear flag. It's still bullish on the LTF, but I think that the pattern could be break down soon. Possible fake out and false breakout of the uptrend!⚠️ Be cautious with your long positions! ⚠️ If it keep consolidating above 18.00$ then it could also pump toward 20.50$; but price likely to retest $17.20 zone📉 Upper key resistances: 19.00 - 19.80 - 20.40$ #etc #TradingMadeEasy #etc #Dyor2024 #BTC☀
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