⚠️DANGER⚠️ bearish divergence happening on BTC. I already to | ChronicLeCrypto on Binance Square

Trending Articles

Bookmarked and Liked

ChronicLeCrypto

--

Bearish

⚠️DANGER⚠️ bearish divergence happening on BTC. I already took profit on Sunday, so....you are free to do what you want 
$BTC $ETH $BANANA 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

BTC

0

%

250

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

Relevant Creator

ChronicLeCrypto

@ChronicLeCrypto

Explore More From Creator

is Hamster Kombat scam? $TON $CATI $SOL

--

if you lost Money in Futures trading remember this

--

If you’ve made some profits on your spot trades, now might be a good time to cash out a bit. Taking profits is important—markets can be unpredictable, and securing some gains helps protect you from sudden drops. There are different ways to do this. Take partial profits: Sell a portion of your holdings and keep the rest in the market. Use a trailing stop: This lets you lock in profits while still staying in if the market goes up. Sell into strength: Cash out when prices are high and the market is looking strong. Once you’ve taken profits, you can use Dollar Cost Averaging (DCA) to buy back in over time. This spreads out your re-entry and helps avoid buying everything at the wrong time. Lock in some gains, convert to stablecoins and then plan your next move!

--

chatGBT told me we are going lower guys. this is the technical analysis he did for the image attached. He seems right but nobody knows what will happen, and what follows is the TA he gave me: If I were a professional trader my short-Term View is bearish, as price is struggling to break above the 21-day moving average (MA) and seems to be consolidating, so any break below the $60,000 level could signal a sharper move downwards.Long-Term View: Still bullish, as the 200-day moving average is far below the price, indicating long-term strength. Pattern Identification: The chart appears to display a descending triangle or consolidation pattern. This is visible from the series of lower highs starting from the $73,777 peak and the support level forming around the green horizontal line at approximately $60,000. Descending triangles are typically bearish patterns, as they show that the price is making lower highs while holding a certain support level, which could eventually break down. Moving Averages: The 21-day moving average (MA) is trending above the current price, indicating downward pressure in the short term. The 200-day moving average (MA) is significantly below the current price, showing that the long-term trend is still bullish overall, but the current price is in a correction phase. Price Levels: Key resistance level seems to be around $62,000 (the MA-21), as the price is failing to break through this level consistently. If the price fails to maintain the $60,000 support, we could see a further bearish breakdown. Volume: There's a visible decline in trading volume, which can indicate that the current consolidation phase might result in a sharp movement once volume increases. Lower volume during a consolidation typically means traders are waiting for a breakout. Conclusion: it means we are going down 👇 so if you are on Spot TAKE profits today asap

--

Biggest crypto showdown! TOKEN2049 is gearing up to take over Singapore from 16-22 September 2024. It’s where the entire global crypto scene collides in one place #LFG🚀 TOKEN2049 kicks off the Formula 1 Singapore Grand Prix Race Weekend—so buckle snowflakes up for a week you won’t forget (wen Lambo 🤔) 🚗💨 Expect hundreds of meetups, workshops, and non-stop networking before the two-day main event. Tens of thousands of attendees will flood the city, turning it into a vibrant playground for innovation. Whether you're launching a product, sharing your latest big idea, or just hunting for life-changing connections, this is the place to be. $TON $WIF $BNB #token2024Singapore #Token2024Dubai #CryptoNewss #bitcoin☀️

--

Latest News

Federal Reserve Cuts Interest Rates By 50 Basis Points

--

PancakeSwap Celebrates Four-Year Anniversary With Significant Milestones

--

USDT Market Cap Reaches Record High Near $120 Billion

--

FlokiFi Locker Reaches Record $165.6 Million In Total Value Locked

--

Base Protocol Addresses Mainnet Performance Issues

--

Cookie Preferences

ba-one-trust-cookie