📢Token Analysis Series 101 : $BTC Bitcoin

One of the first things to identify when analyzing a Bitcoin chart is the market structure, which refers to the pattern in which the price is moving.

Terms like CHoCH (Change of Character) and BOS (Break of Structure) are crucial for understanding how the market shifts from bullish (uptrend) to bearish (downtrend) and vice versa.

Bullish CHoCH: This signifies that Bitcoin’s price has shifted from a downtrend to an uptrend. Traders usually see this as a signal to enter long positions, expecting the price to rise.

Bearish CHoCH: Indicates that the market is turning downward, which may trigger traders to exit or short the market to profit from falling prices.

As seen in the chart #Bitcoin is currently near resistance zone followed by the descending trendline resistance .

Key Resistance Zone (~66,048 - 68000): A consolidation area is observed around this price, and the price is currently testing this zone from below. This aligns with the dotted downward trendline, suggesting potential rejection or breakout.

BTC is currently moving within a consolidation zone near 65,000, and this aligns with the resistance zone (66,048). A breakout above this zone could trigger further bullish momentum towards the 73,777 region.However, if the price gets rejected here, BTC might retest lower support levels like 60,000 or even 52,930.

As the price is at a critical resistance level, I would suggest waiting for a confirmation of a breakout or rejection. A daily candle close above 66,048 with strong volume might indicate a continuation of the bullish move. However, a rejection could lead to more consolidation or a move back down to the support areas mentioned.

🟢Long #SAGA

Follow the given Signal Below
$SAGA

🟢Long #UNFI/USDT

📣Entry Price : Current level

🎯Target Price : 3.45 , 3.7

🛑StopLoss : 3.1

Can Still Long #ETHFIUSDT Yesterday dump caused it to fall but setup is still valid

🟢Long $ETHFI

🟢Long #ETHFI/USDT

Entry Price - CMP

Target Prices 🎯: 1.85, 2 , 2.5 , 2.75

🛑 Stop Loss : 1.72

$SAGA Is looking really Bullish right now 🚀

🟢Long #SAGA if the next 15m or 1hr candle closes above 2.76

Entry Price - Above 2.76

Target Price 🎯 - 3.03

Stoploss - 2.6

🟢Long #CELO/USDT

Entry Price : 0.68

Stop Loss : 0.65

Target Prices : TP1 - 0.7 , TP2 - 0.75 , TP3 -0.8

🟢Long $SHIB

Looks like $SHIB is taking the lead in meme bull run and is currently trying to break major resistance if it breaks it we're gonna see a huge rally in coming days

🔴Short #UXLINK

Entry Price : 0.675

Sl : 0.693

TP : 0.63 - 0.59

$RARE has given a breakout which is and currently on retest according to my analysis $RARE has more room to pump

so Long $RARE at CMP

TP 1 : 0.1650

TP 2 : 0.1800

Stop loss : 0.147

directly long from here by clicking -

🟢 LONG #TRU/USDT

$TRU has given a major breakout and this just the start it and there's more to come

Entry Price : CMP

TP 1 : 0.13

TP 2 : 0.148

SL : 0.11

Long directly By licking here ->

🟢 Long $BB USDT It is currently sitting near it's resistance and might break it to go all the way to 0.38.

Entry Price : CMP

TP1 : 0.36

TP2 : 0.38

Stop Loss : 0.316

Click to long -> $BB

🟢 #BIGTIMEUSDT short Tp 1 hit 💪

🔴 SHORT #BIGTIME/USDT.

TP1 : 0.1050
TP2 : 0.096

SL : 0.1195

"Initiating a short position on $REEF due to the RSI reaching 89, indicating significant overbought conditions. Anticipating a correction at the current resistance level.

$BTC Btc is approaching the support zone around 66k it should hold this zone or we're going to see 60k. Let's it will bounce back from the support

$1000RATS just gave a breakout and if it holds 0.0173-0.0176 zone we might see a huge pump

#bitcoin

$REZ is in accumulation phase 0.176-0.178 zone is active as a resistance but think it's ready to breakout this time and soon we will see $REZ above 0.2

Like & follow if it helps ✌️

$PEOPLE looks like people is trying to touch it's ath keep an eye on it and try to long around 0.011

#bitcoin #people