Market Analysis 👀

June 28, 2024

➖➖➖➖➖

⚪️TECHNICAL (1D)

It indicates potential market movement when it rebounds from horizontal support and approaches the trendline resistance. A breakout followed by a retest of the trendline resistance suggests a bullish trend. Conversely, a rejection at the trendline resistance followed by a breakdown retest of the horizontal support indicates a bearish trend.

⚪️WRAP-UP (VIP)

It bounced off horizontal support and is nearing trendline resistance. A breakout and retest of the resistance signal a bullish trend, while a rejection and breakdown of the support indicate a bearish trend.

$BTC DAILY RANGE:

📈Upper Limit: 62389

📉Lower Limit: 60600

(+-11% based on moving average volatility open/endpoints)

📌SCALP ENTRIES (VIP)

(*Advanced traders only - moderate/high risk)

🔵LONG

💲58000

🔴SHORT

💲65000

➖➖➖➖➖

#btc #marketupdate #marketanalysis #binance #salmankhanwazir @Salman Khan Wazir