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There are 6 major reasons of crypto market dump
#marketdump
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$BTC UPDATE 💸 13/08/24 As you all know currently btc trading above 60k approximately. As we discussed yesterday night, Now Btc going good as i said few hrs ago if it's close above 60k to 60.7k then it will be good for next upward move and if gives closing above 61.6k to 62k then it will be ultra Bullish signal 🚀 We have good support at 60.7k to 60k if this support breaks below by any negative news then everything will be invalidate but currently not like this and we have to see tomorrow because going to release Cpi data on 14 August at 6:00 PM . We have strong support at 57.6k. 💪 and on the lower TF 60.7k to 60k it should to hold this for next pump because as i said btc trading within triangle, currently it's retesting after successfully retest will see 🚀🚀. Well, trade safe use low levrge always and put sl in all long short trades if btc gives according to us closing then will take long trade tomorrow be ready 👍👍 Thanks !
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$ORDI tested the support area and bounced from there. I hope you opened a long position at the support area. The long position is now more than 16% in profit. You can increase your stop loss to the breakeven point and hold the trade. The resistance level remains the same. #ordiupdate
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B$BTC UPDATE 💸 12/08/24 As you all know currently btc trading above 59k approximately. As you know also already said about this. Now current btc support is 59k to 58k approx and we have another good support at 57.6k to 57k 👈👈 if this support breaks below then we'll go below otherwise we'll not see dump. Current resistance at 60k if btc closes in 1d above this range then will see again pump towards 65k to 70k and according to chart 74k also. If it's close above 60k in 4hr atleast 2-3 candle Bullish High probability to close in 1d also then wil start taking long trades from tomorrow currently wait for closing 👍 Till then trade safe, use low levrge and use sl in all long short trades because already said yesterday whales are manipulating the Btc. #btcupdate Thanks ! 😇
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$BTC UPDATE 💸 11/08/24 As you all know currently btc trading above 60k approximately. We all know btc consolidating for 2 days between 62k to 60k. We have good support 60k approx and we have another 59.5k to 59.2k 👈 if this breaks below then will see dump. If it breaks below 59.9k according to this chart then we can see dump towards 59.2k and if this also break down then will see more dump. But as we can see on chart it's on support and holding strongly currently. if it closes above purple horizontal line the price is 60747 approx then will see pump also. I already said you all, close if you are in good profit,when btc was 61k above, so if you remember then you have closed in profits. Now if someone held any position then follow btc. if it breaks below trend line price is 59.8k to 59.5k approx in 15min to 30min(59.5k) TF then close your long trades. Till then trade safe use low levrge and SL in all Long trades. currently nothing to worry, until it stays above 60k. Thanks ! #btcupdates2024
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$BTC analysis: Price gave a fakeout below the major support area to liquidate overleveraged positions. ORDI is now trading at the support area, and you can open a long position with a tight stop loss. We may see a move towards the next resistance area. Support Area: $26-$28 Resistance Area: $33.60-$35.50 #ordi
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