🚨 $NOT is forming a Symmetrical Triangle Pattern on the 4H chart, which is typically a continuation pattern.
📈 Entry Point: CMP and Accumulating up to $0.013
🎯 Targets:
Midterm Goal: $0.020 Long-Term Goal: $0.074
Trading Options: $NOT is available for trading in both the spot and futures markets. You can purchase it on the spot market, or if you prefer to go long on futures, consider setting a stop-loss at $0.012.
📊 About $NOT : NOT is a promising project in the crypto space, aiming to revolutionize transactions with its innovative technology. Their mission is to provide seamless and secure transactions across different networks.
🚨 $SAGA is forming a Symmetrical Triangle Pattern on the 1H chart, which is typically a continuation pattern.
📈 Entry Point: CMP and Accumulating up to $1.4
🎯 Targets:
Midterm Goal: $1.80 Long Term Goal: $2.20 🔄 Trading Options: $SAGA is available for trading in both spot and futures markets. You can purchase it on the spot market, or if you prefer to go long on futures, consider setting a stop-loss at $1.32.
📊 About $SAGA :
SAGA is a promising project in the crypto space, aiming to revolutionize transactions with its innovative technology. Their mission is to provide seamless and secure transactions across different networks.
🚨 $NFP forms a Bullish Reversal Pattern on the 2H chart, confirmed by a breakout above the trendline.
📈 Entry Point: Consider entering the trade around $0.2728.
🎯 Targets:
Midterm Goal: $0.3400 (approx. 24.6% increase)
Stop-loss at $0.2502
📊 About $NFP :
NFP is showing strong potential with its recent price action. It's a noteworthy project in the DeFi space, focusing on enhancing the efficiency and security of perpetual contracts on the Binance platform.
BTC closed the daily candle at $58,216, just below the resistance level.
A 20-30% drop is normal during a bull market. Handling these corrections can lead to a substantial rise soon. However, $58,300 and $60,000 are important resistance levels that need to be cleared.
Bitcoin has broken a crucial support level of around $56,500, now heading towards $54,400. 📉 A further drop might be imminent if it doesn't reclaim this support soon.
BTC needs to hold this important support level to avoid more downside pressure.
BTC is trading at $61,500, nearing a critical support level at $60,000. We have a rising trendline, the 200 EMA, and the lower trendline of this expanding triangle also acting as support.
After 7 consecutive days of outflows in Bitcoin ETFs, yesterday saw $31 million in inflows, which is positive for bulls.
In the long term, I am bullish on BTC. We may see some short-term corrections in price, potentially down to $54,000 in the worst case, but that will be the best time to buy BTC.
The funding rate is negative at -0.11%, which is a positive sign for bulls.
We’re witnessing a significant net outflow of around $140 million from Bitcoin ETFs. Investors are pulling their funds, prompting major providers like Fidelity to sell off Bitcoin to meet these withdrawals in USD. 📉
As I’ve been highlighting daily, this trend has persisted for the past 1-2 weeks. Expect short-term selling pressure and market fluctuations as a result. 📊
Stay informed and stay ahead. Follow for more updates! 🔔 #Bitcoin❗ #Crypto