Home
Notification
Profile
Trending Articles
News
Bookmarked and Liked
Creator Center
Settings
LIVE
No Favourites
--
Follow
*INVESCO, GALAXY DROP SPONSOR FEE ON INVESCO GALAXY BITCOIN ETF TO 0.25%
#ETFAlert
#InvescoGalaxy
#BTCETFSPOT
Give a Tip
0 people tipped the creator.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
See T&Cs.
434
0
Replies
0
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Sign Up
Login
Relevant Creator
LIVE
No Favourites
@CryptBerg
Follow
Explore More From Creator
Blockchain Life 2024 in Dubai: A Legendary Gathering of Market Insiders Ahead of the Bull Run.
--
Guys pls visit our profile n vote us for Binance Creator Award 2024 🙏🏻 Daily One Vote Needed 😉 https://app.binance.com/uni-qr/cpro/CryptBerg?l=en&r=12896365&uc=web_square_share_link&us=copylink
--
Coinbase Lists Stader (SD): New ERC-20 Token Available for Trading!
--
Crypto Market Alert: U.S. Government Transfers 29.8K BTC, Possible Impact on Bitcoin and Solana $BTC $SOL
--
### Technical Analysis Report of $BCH Pattern Analysis: Bullish Breakout from Falling Wedge The asset has shown a bullish breakout from a Falling Wedge pattern, indicating a potential trend reversal. The price is currently at $454, having broken above the $400 resistance level and the 200-day moving average. The next target is the $530 resistance level, suggesting a potential gain of around +20%. Trade Setup: - Entry Point: Initiate a long position at $454. - Price Target: $530. - Stop Loss: $387 to manage downside risk. Pattern Dynamics: The resistance breakout above $400 indicates strong buyer demand. Post-breakout, $400 now acts as a support level, reinforcing the bullish scenario. Trend Analysis: - Short-term Trend: Down - Medium-term Trend: Neutral - Long-term Trend: Strong Down The breakout suggests a potential shift in the short-term trend, but sustained movement above $400 is required to confirm this. Momentum Indicators: - RSI-14: The RSI is currently between 30 and 70, indicating neutral momentum and room for price appreciation without being overbought. Support and Resistance: - Support Zones: $350 and $300. - Resistance Zone: $530. Conclusion: This setup offers a favorable risk-reward ratio, supported by the bullish breakout and critical level breaches. Key points to monitor include: - Sustained Breakout: Ensure the price remains above $400. - Momentum Shifts: Watch the RSI for potential overbought conditions near $530. - Trend Confirmation: Look for a shift to a bullish trend in short and medium-term indicators. Actionable Strategy: 1. Set Price Alerts: Monitor for retracements towards $387. 2. Review RSI Levels: Check RSI as the price nears $530. 3. Monitor Trend Shifts: Observe for sustained changes in trends. Recommendation: Initiate a long position at $454 with a target of $530 and a stop loss at $387. Adjust the strategy based on market conditions to optimize returns and manage risks effectively.
--
Latest News
US Treasury Highlights Blockchain's Potential In Financial Market Infrastructure
--
21Shares Submits Application For XRP ETF To SEC
--
Female Founders Fund Successfully Returns Initial Fund After 10 Years
--
Ethereum(ETH) Drops Below 2,500 USDT with a 2.76% Decrease in 24 Hours
--
Bitwise Bitcoin ETF Transfers 900 BTC to Unknown Address Worth $63.83 Million
--
View More
Sitemap
Cookie Preferences
Platform T&Cs
