This chart presents a technical analysis of the BTCUSDT Perpetual Futures on the daily timeframe (1D). Summary of the Analysis: Nearest Supply (Resistance) Zone: 86,276 – 88,518 (yellow box): This is the 38.20% Fibonacci retracement from the recent swing. BTC is currently testing this resistance area. Strong Demand (Support) Zone: 73,843 – 76,862 (bottom purple box): This is a strong support area aligned with the 61.8% Fibonacci level (73,112). Price previously bounced strongly from this zone. Potential Upside Targets (on breakout): 93,337 – 96,732 (top purple box): This is the next supply zone if BTC breaks above the current resistance. It aligns with the 61.8% and 78.6% retracement levels from the prior structure. #bitcoin #BuyTheDip {spot}(BTCUSDT) $BTC
This chart presents a technical analysis of the BTCUSDT Perpetual Futures on the daily timeframe (1D). Summary of the Analysis: Nearest Supply (Resistance) Zone: 86,276 – 88,518 (yellow box): This is the 38.20% Fibonacci retracement from the recent swing. BTC is currently testing this resistance area. Strong Demand (Support) Zone: 73,843 – 76,862 (bottom purple box): This is a strong support area aligned with the 61.8% Fibonacci level (73,112). Price previously bounced strongly from this zone. Potential Upside Targets (on breakout): 93,337 – 96,732 (top purple box): This is the next supply zone if BTC breaks above the current resistance. It aligns with the 61.8% and 78.6% retracement levels from the prior structure. #bitcoin #BuyTheDip $BTC
Maximum leverage doesn't matter if you know how many coins you want to trade and the risk you are prepared to take. Use calculator provided to determine the risk of coins you trade
Itsthefreeworld97
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Entered $SOL at 120.17 with 69x leverage… Watched it dance around my entry for a while… then BOOM — liquidated at 121.2.
Leverage bites. And it bites hard 🥲
Some days you win. Some days you get a life lesson with a price tag.
Anyone else feeling the pain lately or are you all printing?
Remember WE NEVER GIVE UP ! #SOL #Solana #CryptoTrading #LeverageBites #LiquidationFeels
The daily candlestick chart shows a technical analysis pattern using wave theory, characterized by five numerical waves (1-5) to identify the Bitcoin (BTC) price trend in the USDT pair. The yellow line forms a zig-zag pattern indicating an upward trend movement and a downward correction. Support and resistance points are marked with blue and red horizontal lines. Transaction volume is displayed at the bottom of the chart with a blue and red histogram, providing an overview of market activity.