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RiderZ-cryptic
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#2024withBinance
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Hope you guys remember this. 💥 #BTC #BullRunAhead
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Alts season is starting In 3-5 Days. hold tight DYOR
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$BTC Bulls right now 😡
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$BTC Analysis of BTC/USDT on the Weekly Timeframe Key Observations Support and Resistance Levels: - Immediate support around $66,765.11 (MA(7)). - Immediate resistance around $73,777.00 (previous high). Pattern Analysis The current chart pattern resembles a bull flag or a pennant pattern: Bull Flag: Characterized by a sharp price rise (flagpole) followed by a consolidation in a parallel channel (flag), which often indicates continuation of the uptrend. Pennant: Similar to the bull flag but with converging trendlines forming a small symmetrical triangle during consolidation. Summary Uptrend Indicators: The price being above all major moving averages and the RSI nearing overbought territory suggests a strong uptrend. Pattern: The price action resembles a bull flag or pennant, typically bullish continuation patterns. Recommendations Bullish Outlook: Considering the strong uptrend and the potential bull flag/pennant pattern, the outlook remains bullish. Entry Point: A breakout above $69,857.14 (24h high) could be a good entry point, confirming the continuation of the uptrend. Stop-Loss: Consider setting a stop-loss below $66,765.11 (MA(7)) to protect against potential downside risk. Take Profit: Aiming for the previous high at $73,777.00 or higher levels could be a good take profit strategy. Next Steps - Watch for a breakout above the current resistance level to confirm the continuation of the uptrend. - Monitor the RSI for any signs of overbought conditions that could lead to a pullback or consolidation. $BTC #Binance200M #altcoins #BTC #EarnFreeCrypto2024
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$NOT The daily chart shows that NOT/USDT is in a strong uptrend but currently overbought. A short-term correction or consolidation is likely, with key levels to watch at $0.018501 for support and $0.029400 for resistance. Monitoring these levels along with the RSI and MA(7) will provide insights into the next price movements. Prediction for the Next Daily Candle Bearish Scenario: The overbought RSI and the recent decrease in price suggest that the next daily candle might continue to show a correction. The price could test the support level around $0.018501. Bullish/Consolidation Scenario: If the price manages to hold above the MA(7) and finds support at or above $0.018501, it might enter a consolidation phase before attempting another upward move. #Megadrop #altcoins #NOT🔥🔥🔥 #EarnFreeCrypto2024
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