#bitcoin #everyone bitcoin forming bullish symmetrical trian | roshansai a Binance Square-en

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#bitcoin #everyone bitcoin forming bullish symmetrical triangle
Next huge wave coming in few hour be ready 72k target

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$BNB **BNB Approaching $580/600$BNB : Signs of a Bearish Reversal Ahead** Binance Coin (BNB) has recently surged towards the $580 mark, but traders should be cautious as technical indicators suggest a potential bearish reversal. The $580 level is a significant resistance point, where BNB has previously struggled to break higher. Key indicators like the Relative Strength Index (RSI) are showing signs of weakening momentum, with the RSI cooling off from overbought levels. Additionally, a bearish divergence is forming, where BNB’s price is making higher highs, but the RSI is making lower highs, signaling a possible loss of bullish strength. The declining trading volume during this uptrend also suggests that buying pressure is fading. If BNB fails to break through $580, it could face a pullback, with potential support levels around $430 and $400. Traders should consider setting stop-loss orders to protect against downside risk and might want to take profits if they’ve been riding the uptrend. In summary, while BNB’s recent rally has been impressive, the approach to $580 could mark a turning point, with signs pointing to a potential bearish move. $BNB

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This pattern is a technical analysis tool that traders use to predict potential market movements. Despite its name, a bearish flag can sometimes occur during an uptrend, signaling that the trend might reverse soon. A bearish flag pattern typically forms after a sharp decline in price (the “flagpole”), followed by a period of consolidation where the price moves slightly upward or sideways (the “flag”). This pattern often indicates that the market is taking a breather before resuming its downward movement. On the 15-minute chart for Solana, this pattern is becoming visible. After a recent drop, Solana has been trading in a narrow range, forming what looks like a flag. While the price is currently moving upwards, the overall pattern suggests that this upward movement may be short-lived, and a further decline could be on the horizon. If you entered the market at $144.50, the appearance of this bearish flag pattern is significant. It indicates that the uptrend you’re currently seeing may not sustain itself, and Solana could be setting up for another drop. This is crucial information, especially if you’re managing risk or looking to protect your capital. The key to understanding why the bearish flag is important lies in its typical behavior. Historically, when this pattern appears, it often results in a continuation of the initial downward trend, meaning the price could fall further after the brief period of consolidation. Any way be ready for another drop on solana making bearish patten itself

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Bitcoin (BTC) has been experiencing some interesting movements recently, especially on the 15-minute chart. If you’re watching the market closely, you might have noticed some signs that BTC could be setting up for a pullback. Let’s break down what’s happening and why you should keep an eye on the current levels, particularly with resistance forming between $61,800 and $62,300. ### What’s Going On With Bitcoin? First, it’s important to understand what we mean when we say Bitcoin is "overbought." In trading, this term is used when an asset’s price has risen sharply and is trading at a higher level than its intrinsic value, at least in the short term. This can happen for various reasons, including strong buying pressure or positive market sentiment. Now, looking at the 15-minute chart, Bitcoin has shown signs that it might be overbought. Traders often use tools like the Relative Strength Index (RSI) to help determine if an asset has moved too far, too fast. The RSI is a momentum oscillator that measures the speed and change of price movements, and it ranges from 0 to 100. When the RSI is above 70, it typically indicates that an asset is overbought and might be due for a correction or at least a pause in its upward momentum. ### Why Is the $61,800 - $62,300 Zone Important? In technical analysis, resistance levels are key prices where an asset has a hard time breaking through. Think of it as a ceiling where, when the price hits it, it struggles to move higher. Right now, Bitcoin is approaching a resistance zone between $61,800 and $62,300. This isn’t just a random price range—this zone has historically been a point where Bitcoin has struggled to move higher. The reason why these levels are significant is due to a combination of historical price action and technical indicators, such as Fibonacci retracement levels, which are used by traders to predict potential support and resistance levels. When multiple indicators and historical data point to the same price range as a potential resistance, it becomes a crucial level to watch. $$BTC

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According to liquidation heat map and chart we may see huge dump on btc 😁 be ready long holder to get liquidation

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Are you guys ready for btc dump. Like an hell dump

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