Home
Notification
Profile
Trending Articles
News
Bookmarked and Liked
Creator Center
Settings
LIVE
COMEBACK111
--
Bearish
Follow
#USUAL
š
š
.80
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
Ā
See T&Cs.
11
0
Replies
0
Explore the latest crypto news
ā”ļø Be a part of the latests discussions in crypto
š¬ Interact with your favorite creators
š Enjoy content that interests you
Email / Phone number
Sign Up
Login
Relevant Creator
LIVE
COMEBACK111
@Square-Creator-519204769
Follow
Explore More From Creator
#BTC To analyze Bitcoin using the provided chart and technical indicators, here are some key points to consider: 1. Bollinger Bands (BOLL): Bollinger Bands consist of three lines: Upper Band (UP): Represents a strong resistance level. Middle Band (MB): Typically the average price level. Lower Band (DN): Represents a strong support level. If the price is close to the upper band, it may soon decrease. If the price is close to the lower band, there may be a chance for an upward movement. 2. Current Price Status: The price (96,281.84) has dropped below the middle band, indicating weakness and potential selling pressure. 4. Support and Resistance Levels: The lower band at 93,481.52 serves as a support level. The upper band at 105,872.28 serves as a resistance level. 5. Overall Price Trend: The chart shows that after a prolonged upward movement, the price is now declining Recommendations: If trading, consider buying near support levels and selling near resistance levels. Analyzing additional indicators like MACD and RSI can provide further insights. If the market is trending downward, use protective stop-loss levels to minimize potential losses. If Bitcoin drops below the $93,000 support level, the following lower targets can be estimated based on previous support levels and technical analysis: Potential Lower Targets: 1. First Level: Around $90,000 (a nearby support level based on the current trend). 2. Second Level: Around $87,500 (a previous support point). 3. Third Level: Around $85,000 (a potential low based on the current chart). Analysis: If the price drops below $93,000 with high volume, it indicates strong selling pressure, and the price might quickly move toward lower levels. If the price drops below $93,000 with low volume, it might only be a temporary decline, and the price could rebound upward. Recommendation: Set a stop-loss around $92,500 to minimize losses. Monitor the upcoming support levels for potential targets and keep an eye on technical indicators like MACD and RSI. Do you need further analysis?
--
#USUAL Down come back 1 .90 .80
--
#BTC Chart Analysis for BTC/USDT 1. Bollinger Bands: Upper Band (107,761.33): The price recently approached the upper band, signaling selling pressure. Middle Band (105,263.80): Currently, the price is below the middle band, indicating a weakening momentum. Lower Band (102,766.28): If the price declines further, it may test this level as a support. 2. Current Price Status: The latest price (104,507.99) is slightly below the middle band, reflecting a market retracement. After reaching the recent high (108,353.00), a clear downward trend emerged, showing increased selling pressure. 3. Support and Resistance Levels: Resistance (107,761.33): If the price rises again, this level could act as the first resistance. Support (102,766.28): The lower band serves as a strong support point. 4. Volume: Volume increased after December 11, indicating a rise in trading activity. Recent candlesticks show higher selling volume, reinforcing bearish sentiment. Future Outlook If the price hovers around 104,500, it may test the 102,800 support level in the short term. The middle and upper Bollinger bands will act as resistance levels. If volume remains low and price approaches the support zone, further downside movement is likely. Upside Condition: The price must break above the 105,500 resistance to trigger upward momentum. Conclusion: Short-Term Movement: Signs of a bearish trend are visible. Strategy: Monitor key support levels closely and watch for an increase in trading volume.
--
#BTC Technical Analysis and Prediction Based on the chart and technical indicators, here is the forecast: Technical Analysis 1. Bollinger Bands (BOLL): The current price (106,849.86) is close to the middle band (106,871.73), indicating market stability without a strong upward or downward movement. If the price reaches the upper band (107,959.50), selling pressure might increase, causing the price to drop. Conversely, if the price falls to the lower band (105,783.96), buying pressure could emerge. 2. Price Movement: A 0.58% decline in the last 24 hours signals mild downward pressure, but the price remains above the 105,000 support level. 3. Volume: The volume of recent candlesticks has decreased, showing reduced buying and selling activity. --- Forecast If the market breaks the 107,000 resistance level: The price could rise toward 108,500 or higher. If the price falls below 105,500 support: A decline toward 102,000 is possible. Note: Based on short-term analysis, the market seems uncertain for now. However, if volume increases and buying pressure builds, an upward movement is likely.
--
š¤·
--
Latest News
AI Agents in DeSci Yet to Be Priced, Says Bio Protocol Founder
--
Binance Labs Invests in Usual to Transform Stablecoins with Community-Centric Innovation
--
Binance 2024 Anti-Scam Refund Initiative: $129M in Losses Prevented and $9.1M Recovered
--
Ethereum(ETH) Surpasses 3,300 USDT with a Narrowed 0.84% Decrease in 24 Hours
--
Bitcoin(BTC) Drops Below 93,000 USDT with a 2.82% Decrease in 24 Hours
--
View More
Trending Articles
šØ š„ FREE $BNB ALERT! Claim Your Rewards NOW!
Doctor-Strange
Elon Musk and Trump Might Actually Break Up Next Year. What Will Happen to D.O.G.E Then?
Cryptopolitan
Ripple CTO Sparks Heated XRP Price Discussion: ā10x Timesā
U.today
šØšØ How to Effortlessly Withdraw Money from Binance to Your Bank Account šØ
Trevor Noah
Top Analyst Warns Hedera Holders ā Is HBAR Price Going to Crash Before the Next Leg Up?
CaptainAltcoin
View More
Sitemap
Cookie Preferences
Platform T&Cs
