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2H SUPPORT ZONES ๐
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#BITCOIN UPDATE ๐จ Holding good so far but still we need to break and close above this heavy resistance level. The more we consolidate below the resistance, higher the chances to break it. IMO, soon we will break this level and going to an ATH in August. Still, waiting for confirmed breakout. Will keep updating you.โ
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#BCH/USDT UPDATE ๐จ #BCH is now trading around 413$. #BCH has broken out of the inverse head and shoulders pattern and pumping, which is a bullish sign. Now the Possible scenario is According to the pattern, we can see bullish momentum in this and the price can pump upto 15-20%. Stay tuned with us for further updatesโ
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๐จTrading Strategy ๐จ โ Entry Points: Consider entering a long position if the price breaks above the recent resistance level of 1.8938 USDT with strong volume. Alternatively, enter a long position if the price bounces off the support level around 1.7606 USDT, showing signs of reversal with strong volume and bullish candlesticks. โ Exit Points: Set a take-profit level near the next resistance level, which could be around 2.0087 USDT (recent high). Set a stop-loss slightly below the support level (1.7606 USDT) to manage risk. Additional Considerations: Monitor the MACD for any potential crossovers or divergences that might indicate a change in momentum. Watch the RSI to ensure it stays within a reasonable range. If it moves into the overbought (>70) or oversold (<30) regions, be cautious of potential reversals. Stay updated with market news or events that might affect STX/USDT prices. โ Conclusion:The indicators suggest a cautious bullish sentiment with potential entry opportunities if certain price levels are breached or tested with confirmation. Always use proper risk management techniques and stay informed about market conditions.
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JUST IN: ๐บ๐ธ Donald Trump says "the United States will be the crypto capital of the planet and the #Bitcoin superpower of the world." "Bitcoin is going to the moon."
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JUST IN: ๐บ๐ธ PRESIDENT DONALD J. TRUMP TAKES THE MAIN STAGE AT #BITCOIN CONFERENCE IN NASHVILLE.
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