BTC is trading within an ascending triangle pattern, and a b | THE DOCTOR CRYPTOHUB on Binance Square

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THE DOCTOR CRYPTOHUB

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Bullish

BTC is trading within an ascending triangle pattern, and a breakout above it could take the market towards 60K, while a break below could cause the market to fall towards 56K.

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DOGS/USDT Alert 🚨 In the previous market update, I mentioned that DOGE could wick below its extreme support range in [2hr timeframe) , but fortunately, we haven’t seen any wicks yet. However, even after BTC's significant recovery, DOGE hasn't shown much movement, which is causing concern for DOGE holders. Overall, the volume in DOGE is quite low, and in the current situation, it's anticipated that if BTC starts to fall slightly, DOGE may break its extreme support range.

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It seems that the price has already closed a strong 2-hour candle above our supply zone. To confirm whether this is actually a breakout or a fadeout, we need to watch for a couple more candle closings above this range. 📊

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The previous BTC chart didn't perform as expected, so a new chart has been shared. If the market can close 2-3 four-hour candles above the 59k range, the market is expected to respond as shown on the chart. However, if the market fails to close candles above this range, it will create a wick above the range and is likely to move towards our expected zone which is 57k to 56k 📈📉

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Strk/usdt in 2hr timeframe I mentioned earlier, that the market hunted liquidity above 0.40 and got rejected from there. Currently, it is trading above its FVG.

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Not/usdt update in 4hr I mentioned earlier that Not/USDT was trading within a bearish pennant pattern, and it has now broken down from that pennant. Currently, it is trading around 0.0072, and it may recover from there towards 0.0076 for a retest. 📈📉

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