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kizoki _Yz
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đŹ CryptoQuantâs CEO, Jun Zhu, encouraged us to think about realizing profits in #Bitcoin. Historically, new #Bitcoin investors have experienced losses during bear markets, holding Bitcoin to new all-time highs. After two years of "pain", we are now in a reallocation phase. While +30-40% gains from current levels may be possible, gains like +370% from the lows are unlikely. It's time to consider selling gradually, and it's better to be cautious rather than risking everything. đ #Bitcoin profit-taking also historically tends to free up liquidity and funnel it into #altcoins. #MicrosoftBitcoinRejection #DogeArmyComeBack #EthereumRally #SOLFutureRise #Trump47thPresident $BTC
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đ° #Bitcoinâ Still a half way to gođââď¸ Heikin Ashi did not switch its bullish trend + cycle is clearly not over! Profits are being reduced by each cycle though, so I can see a return of x1,5 to the current price (above $150k)đ đMore conservative option is to partially sell $100k & above $BTC #MicrosoftBitcoinRejection #DogeArmyComeBack #EthereumRally #SOLFutureRise
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#SOLFutureRise #DogeArmyComeBack #Trump47thPresident #BTCBreaksATH #ElectionNightBTCGuess $BTC
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$SCR /USDT Technical Analysis SummaryđĽ 1.Current Price: 0.721 USDT, showing an increase of 11.08%. 2.Key Resistance: The main resistance level is at 0.800, which is expected to act as a strong barrier. A confirmed break above this level could push the price towards higher targets (e.g., 1.000). 3.Key Support: The main support level is at 0.600, acting as a strong base where buyers may step in. A break below this level could drive the price down to lower levels, possibly around 0.500 or lower. 4.Break of Structure (BOS): Multiple BOS levels during the downtrend indicate attempts by the price to transition to an uptrend. The latest BOS was broken near 0.650, giving a bullish signal for continued momentum as long as the price stays above this level. 5.Relative Strength Index (RSI): Currently at 64.513, indicating a near overbought condition. RSI should be closely monitored; if it goes above 70, a pullback might be expected. 6.MACD: The MACD line is at 0.023, with the signal at 0.022 and a positive histogram at 0.001. This alignment suggests a bullish trend, but caution is advised in case of any sudden reversal. 7.Divergences: â˘Hidden Bearish Divergence at RSI level 50.823 indicates potential short-term weakness in the upward move. â˘Hidden Bullish Divergence at RSI level 17.263 could support the continuation of the uptrend, especially if thereâs a bounce from support. âŤď¸Conclusion â˘Bullish Scenario: If the price manages to break above the 0.800 resistance level, it may target 1.000. Monitoring RSI is essential to avoid extreme overbought conditions. â˘Bearish Scenario: A break below the 0.600 support level could lead to testing lower levels, around 0.500, which might be a potential entry point for short-term buyers. âŤď¸Recommendation: Wait for confirmation of a break above 0.800 to capitalize on upward momentum or consider buying at 0.600 with a strict stop loss. #Trump47thPresident #BTCBreaksATH #PensionCryptoShift #ElectionNightBTCGuess #USElections2024Countdown
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