$BTC 

BTC Supports and Resistance Trident

BINANCE:BTCUSDT34438.93 −502.66 −1.44%Bitcoin / TetherUS

Friends

This trident is taken from a different point
which we used in some analyzes

Bulls
important for bulls candle closes above 35000 to look for higher prices
tg 37100 to 39550

Bears

If it continues to reject 35000 or trident resistance, you could look for a downward operation with a stop set above the resistance or manual closure when you have closures above the resistance.

tg 31300 to 29400

Note
Everyone does their own analysis, but if you would operate in this area, it is easier to go short than long since we are at a resistance and the stop is shorter.

But if you see the previous analysis, we are in the middle of agreeing to another trident and there is still a risk that it will look for 37,000 before having a correction.

Long would be until we overcome 4 hour candles or daily resistance

I hope it is supportive

My greetings, I hope it is supportive. Like and help thank you..

We present 02 scenarios of the possible movement of BTC

Yesterday there was an attempted bullish rebound, but near the last peak we saw a slight drop. Therefore, the question now is what pattern is starting to form on the chart:

📉 On the one hand, there is a double top pattern, where if the 51K level is broken, it will begin its execution, leading to a fall towards 49-48K. However, with the potential for further decline as Bitcoin returns below the -27% Fibonacci zone.

📈 On the other hand, it could still be a bullish flag/pennant, where after its continuation, the price will continue to rise towards 55-56K.

❗️ It is a somewhat ambiguous image. Therefore, we are monitoring further chart formation.

Bitcoin dominance: 53.04%;
Fear and greed index: 72 (greed);
Peak season index: 63;
Market capitalization: $1.92 trillion.

#Write2Earn #BitcoinEnEspañol #BitcoinTrillion #BitcoinHolders #BitcoinBullRally2024

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Hello, ☃️ snowman! Join my team at Ice and receive 10 Ice Coins when you sign up using my referral code: https://ice.io/@jonher