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In weekly timeline, BTC shows lower highs which is a sign of bearish movement therefore it drops very low Use DCA even if you are holding and in futures, don't use high leverages.
In weekly timeline, BTC shows lower highs which is a sign of bearish movement therefore it drops very low Use DCA even if you are holding and in futures, don't use high leverages.
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CRYPTO MECHANIC
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I will share $200 with my 10 followers đŸ€

Here is how you can win.

👉 Repost / Quote with this post 👈
Carefully read and discuss these topics to be eligible for $200đŸ‘‡đŸ»

1. Explain The overall market trends
2. Why we witnessed a big drop in market
3. Add your prediction
4. what strategy someone can use to prevent from these market conditions.

Here is my take on market so you can get an idea what you have to post:

Picture 1: Bitcoin was clearly printing lower high on the daily and weekly chart which is technically is a sign of weakness.
Once price start breaking down we saw a sharp well off which was obviously caused by market weakness itself but also some macro fundamentals that iran is attacking israel , Global recession and Japanese market is crashing.

Market trends (Picture 2)
if you see the overall weekly trend i think nothing changed on the $BTC weekly scale price is still on an uptrend based on the weekly chart unless we see a weekly close below $50k level.

Predictions:
Like i said as long as the high timeframe chart is bullish it's fair to expect bitcoin continue to push up towards the new highs. The key level to hold is $50k

How you can prevent from these drops?

As this move down was fundamentally driven
When situations are this bad charts are least likely to work.
The least you can do is either wait for the situation to settle or buy when you see market capitulation. (A big move down)
you see how big that candle was and it dropped to key high timeframe level and provided a good move up.

Join the conversation now and share your insights for a chance to win!

🎈This post is jointly sponsored by Binance Square.
BTC shows lower highs which is a sign of bearish movement . Use DCA if btc under 50k if you are holding and don't use high leverages in future
BTC shows lower highs which is a sign of bearish movement . Use DCA if btc under 50k if you are holding and don't use high leverages in future
LIVE
CRYPTO MECHANIC
--
I will share $200 with my 10 followers đŸ€

Here is how you can win.

👉 Repost / Quote with this post 👈
Carefully read and discuss these topics to be eligible for $200đŸ‘‡đŸ»

1. Explain The overall market trends
2. Why we witnessed a big drop in market
3. Add your prediction
4. what strategy someone can use to prevent from these market conditions.

Here is my take on market so you can get an idea what you have to post:

Picture 1: Bitcoin was clearly printing lower high on the daily and weekly chart which is technically is a sign of weakness.
Once price start breaking down we saw a sharp well off which was obviously caused by market weakness itself but also some macro fundamentals that iran is attacking israel , Global recession and Japanese market is crashing.

Market trends (Picture 2)
if you see the overall weekly trend i think nothing changed on the $BTC weekly scale price is still on an uptrend based on the weekly chart unless we see a weekly close below $50k level.

Predictions:
Like i said as long as the high timeframe chart is bullish it's fair to expect bitcoin continue to push up towards the new highs. The key level to hold is $50k

How you can prevent from these drops?

As this move down was fundamentally driven
When situations are this bad charts are least likely to work.
The least you can do is either wait for the situation to settle or buy when you see market capitulation. (A big move down)
you see how big that candle was and it dropped to key high timeframe level and provided a good move up.

Join the conversation now and share your insights for a chance to win!

🎈This post is jointly sponsored by Binance Square.
$ETH If you're wondering why ETH (Ethereum) is going up so much, let me explain it in simple terms. There's a chance that an ETF (Exchange-Traded Fund) for ETH might get approved. An ETF for ETH means that big institutions buy ETH and then sell it to their clients. This brings a lot of money into the market, which is why the price is going up. This explanation is not for scientists, just regular folks like us! 😆 #ETHETFS
$ETH If you're wondering why ETH (Ethereum) is going up so much, let me explain it in simple terms. There's a chance that an ETF (Exchange-Traded Fund) for ETH might get approved. An ETF for ETH means that big institutions buy ETH and then sell it to their clients. This brings a lot of money into the market, which is why the price is going up. This explanation is not for scientists, just regular folks like us! 😆 #ETHETFS
PEPE/USDT $PEPE Short Leverage: 5x ( also depend on your wallet ) đ„đ§đ­đ«đČ: Market Price đ“đšđ€đž 𝐏r𝐹𝐟𝐱𝐭 đ“đšđ«đ đžđ­đŹ: 0.010800 0.010700 0.010600 0.010400 0.010300 0.010000 StopLoss: 0.1192 #pepe⚡ #RNDR📉 #INJ/USDT📈
PEPE/USDT
$PEPE
Short
Leverage: 5x ( also depend on your wallet )
đ„đ§đ­đ«đČ: Market Price
đ“đšđ€đž 𝐏r𝐹𝐟𝐱𝐭 đ“đšđ«đ đžđ­đŹ:
0.010800
0.010700
0.010600
0.010400
0.010300
0.010000
StopLoss: 0.1192

#pepe⚡
#RNDR📉
#INJ/USDT📈
#BTC going perfectly as planned for this week, its going bullish now. Price tapped into the next key resistance, around $70,000 and $71,000. Currently, price facing a bit for sell pressure and pullback is expected. Structure is bullish, so anyway we're heading towards the ATH. $BTC #ETHETFS #notcoin #BinanceLaunchpool #BinanceLaunchpool #BlackRock
#BTC going perfectly as planned for this week, its going bullish now. Price tapped into the next key resistance, around $70,000 and $71,000. Currently, price facing a bit for sell pressure and pullback is expected. Structure is bullish, so anyway we're heading towards the ATH. $BTC #ETHETFS #notcoin #BinanceLaunchpool #BinanceLaunchpool #BlackRock
$SOL #solanAnalysis 's current price sits at $180, showing an uptrend with a key support at $175. If it can maintain above $175, it may break the $188 resistance. This uptrend started after finding support around $166. Solana rose alongside Bitcoin and Ethereum, breaching resistance at $175 and $180, testing $188. Currently, support near $182 exists, with a potential correction to $178 or even $175. Technical indicators show bullish momentum, with MACD and RSI above 50, indicating strength. Support levels are at $158 and $152, while resistance levels are at $165 and $172 #SolanaUSTD #pepe⚡ #BTC☀ #RNDR/USDTđŸ’„
$SOL
#solanAnalysis 's current price sits at $180, showing an uptrend with a key support at $175. If it can maintain above $175, it may break the $188 resistance. This uptrend started after finding support around $166. Solana rose alongside Bitcoin and Ethereum, breaching resistance at $175 and $180, testing $188.
Currently, support near $182 exists, with a potential correction to $178 or even $175. Technical indicators show bullish momentum, with MACD and RSI above 50, indicating strength. Support levels are at $158 and $152, while resistance levels are at $165 and $172

#SolanaUSTD #pepe⚡ #BTC☀ #RNDR/USDTđŸ’„
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Bearish
I think $BTC can't go up more, there's a strong resistance at 72-73k. Also there is greed in the market which is also not a good sign so btc will down within next few days. Don't expect too much, those who are saying $BTC is going 100k are manipulating you. DYOR and Good Luck đŸ€ž #BTC☀ #RNDR📉 #AvaxđŸ”„đŸ”„ #Ä°NJ
I think $BTC can't go up more, there's a strong resistance at 72-73k.
Also there is greed in the market which is also not a good sign so btc will down within next few days.
Don't expect too much, those who are saying $BTC is going 100k are manipulating you.
DYOR and Good Luck đŸ€ž

#BTC☀ #RNDR📉 #AvaxđŸ”„đŸ”„ #Ä°NJ
$FTM Beautiful looking chart, Price broke above the daily lower high. As long as price can hold above this breakout, FTM can likely keep moving up. If you're not in this trade, A pullback close to this breakout zone can be a good entry imo and the invalidation is clean. Break below this zone. #FTM. #RNDR/USDTđŸ’„ #AvaxđŸ”„đŸ”„ #BTC #ETH
$FTM Beautiful looking chart, Price broke above the daily lower high.
As long as price can hold above this breakout, FTM can likely keep moving up.
If you're not in this trade, A pullback close to this breakout zone can be a good entry imo and the invalidation is clean. Break below this zone.
#FTM. #RNDR/USDTđŸ’„ #AvaxđŸ”„đŸ”„ #BTC #ETH
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