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SilverWolfBtc
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Bullish
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$AXS
waiting for the trendline to be broken.
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This is my own opinion, not financial advice. Do your own research. $BTC Right now, the price is in a no-trade zone. My plan is to wait for the price to break out in either direction. After analyzing the liquidity on the charts, I planned my trades. If the price follows my plan, I will trade; otherwise, I wont. 1. To take a long position, price has to break above 57K, rise to 60k, and then return to retest the 56-57K zone. If this retest is successful, I will go long. 2. To take a short position, I would wait for the price to break below 56K, drop to 54,300, and then return to retest the 56K area. If this retest is successful, I will go short. Also I am worried about DXY on support. This inverse relationship suggests that it can cause a drop in Bitcoin price. #BTC☀ #btcupdates2024
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$NEAR Price is due for a correction after breaking out from wedge pattern vigorously. Currently, it is just above the 100-day moving average. If it deviates and comes back into the range, then the $4.3 is next support level. If we look at the NEAR/ BTC pair, seems like price is about the break below the channel up. Although I would wait for the confirmation before planning any trade because “ A range is not broken until it’s broken”. In Long-term, Near is looking super bullish and after a successful retest, it will continue its bullish movement in my opinion. #NEAR🚀🚀🚀 #NearBullish #NEARToken #Near_usdt #cryptupdates
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