Check this first

Previous Analysis

Next Target seems $88,000, $90,000

#ElectionNightBTCGuess #BTCHits75K #BTCMiningRevenue #BTCUSDT!
$BTC #analysisreport

ETH/USDT

As I mentioned before

Building on our previous discussion, Bitcoin (BTC) continues to grapple with the rejection it faced around $73,777. The current price of $60,430.19 paints a bleak short-term picture, signalling a bearish trend.

On the technical front, there are several potential support levels that could come into play if the price continues its descent. These include $58,900, $51,578.21, and a zone ranging from $42,100.10 to $33,469.46. These levels represent areas where buying pressure might emerge, potentially halting or reversing the price decline.

🚫🚫Disclaimer🚫🚫
It's crucial to remember that this analysis is for informational purposes only and shouldn't be considered financial advice. Before making any investment decisions, conducting your own thorough research is essential. This should involve evaluating technical charts, market news, and expert opinions to form your own informed investment strategy.

$TRX

Here is my technical analysis on $TRX cryptocurrency on the 1-hour timeframe:

The hourly chart shows $TRX is currently trading at $0.11 after forming a doji candlestick pattern in the last hour. This indecision pattern comes after a minor pullback from the day's high of $0.11.

Short-Term Trend:

▪︎_The short-term hourly trend is up
▪︎_However, the short-term uptrend is losing some momentum
▪︎_The hourly RSI of 60.21 is in the neutral zone, not showing any extreme overbought conditions yet.

Moving Averages:

▪︎_The price is currently trading above the 7-hour ($0.11), 20-hour ($0.11), 50-hour ($0.11) and 200-hour ($0.11) moving averages.
▪︎_This confirms the presence of a short-term uptrend across multiple time periods.

Volume Profile:

▪︎_The key intraday resistance level based on volume profile is $0.12, while support lies at $0.11 and $0.10 levels.
▪︎_With price currently around $0.11, traders can look to buy on dips towards the $0.11 support with a stop-loss below $0.10.

Best Intraday Entry Point: Based on the hourly price action, an ideal long entry could be attempted on a pullback towards the $0.11 support level, with a stop-loss placed below $0.10. Profit targets can be set around the $0.12 resistance level initially.

❌️ Disclaimer: ❌️🚫

This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

#bitcoinhalving #Megadrop #trx #TrustButVerify

$BTC

$GRT

GRT is facing Sell Pressure but still holding above 0.35. if we break the support of 0.35, we may face 0.33 or 0.32.

In case the market shows more sell pressure#GRT/USDT will hit 0.25 or 0.22.

Entry
CMP, 0.33

DCA
0.25, 0.22

TP
0.45
0.50
0.60
0.73
To the Moon 🚀 🚀🚀

🚫🚫Disclaimer🚫🚫
This analysis is for informational purposes only and should not be considered financial advice. It's crucial to conduct your own research before making any investment decisions.

#HotTrends #BOME #BTC

$COTI

If #COTI holds the area between 0.1998 and 0.1840 then we can see a big move in #COTI soon if #COTI lose the area of 0.1840 our next support zone will be 0.1250

$COTI looks Bullish in long-term just HODL for few weeks and we will experience a huge movement in $COTI

❌️ Disclaimer: ❌️🚫

This analysis is for informational purposes only and should not be considered financial advice. It's crucial to conduct your own research before making any investment decisions.

#HotTrends #BTC

$BTC

Professional Analysis of Bitcoin (BTC) Price Movement:

Current Market Position:
Bitcoin (BTC) is currently experiencing a price decline, indicated by being "in the Red Zone." This suggests a bearish sentiment in the short term.

Potential Price Movement:
An upward trend is anticipated, with BTC potentially reaching a range of $80,000 to $88,000. This prediction is likely based on technical analysis or market indicators.
However, this potential rise is expected to be followed by a "correction," which refers to a price decrease after a significant increase. This correction is a natural market response that establishes a new support level.

Support Levels:

A critical support level exists at $58,900. This means that if the price falls, this level is expected to act as a buffer and prevent a steeper decline.
An even stronger support zone might be present between $42,000 and $51,000. This wider range suggests a more substantial buying pressure within this zone, potentially limiting a significant price drop.

Additional Considerations:
The analysis mentions a "Fair Value Gap (FVG)" between $27,483 and $34,097. This concept suggests that the price might revisit this gap in the future to "fill" the gap in price history. However, it's important to note that this is not a guaranteed price movement and should be considered with caution.

Overall, this analysis suggests a potential short-term bullish trend for BTC followed by a correction. The analysis highlights key support levels and mentions a potential Fair Value Gap to consider for future price movements.

🚫❌️ Disclaimer: ❌️🚫

This analysis is for informational purposes only and should not be considered financial advice. It's crucial to conduct your own research before making any investment decisions.

#HotTrends #Trending #BTC_live_market_update #BTChallenge