#CryptoReboundStrategy
BTC/USDT Update
👉Bitcoin recently reached a high of around $97,800**.
Bitcoin's double bottom pattern is
playing out.
Price is finally gaining momentum; main resistance lies at $99,900 (neckline).
Breakout could trigger a strong
upside move.
The only Concern Right now is Monthly red shooting star candle indicating slight bearishness.The Altcoin market is set to witness another bullish rally.
Now is the perfect time to position yourself in altcoins and ride this wave.
👉The price is still moving in line with the double bottom pattern**.
Long #DF 10x lev here . Target : 50 - 80%Trade Setup
Long Entry: Above $0.00002130, targeting $0.00002160 and $0.00002200.
Short Entry: If rejected at $0.00002130, look for a retest of $0.00002050 or lower.
Stop Loss: $0.00002000 to manage risk effectively.
👉Soon, we expect the price to test the $99,900 neckline**, as mentioned in our previous updates.
👉A breakout above this neckline could push the price higher, while a rejection might bring it back down to the $90,000 level.
#BinanceAlphaAlert #BitcoinTurns16 #BIOOpenonBinance #Write2Earn