What's Next Bitcoin? Discussing the latest price action and why we face a decisive moment! | Ben Walther Binance Square

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Kas ir nākamais Bitcoin? Apspriežam jaunāko cenu akciju un to, kāpēc mēs saskaramies ar izšķirošo brīdi!

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🚨 Tellor Ready To Roll 🚀 $TRB looks primed for some bullish moves. The token printed a bullish MACD Crossover on the daily chart just today. In addition, Tellor broke through its local resistance at $75 and confirmed it on the daily chart, too. Moreover, the bullish MACD crossover shows solid results in backtests. Based on 28 appearances, the signal led to gains of 10% and more, up to 71%. From a trade setup point-of-view, a first take profit goal can be set at $89, leading to gains of ~14%. As 2nd take profit, the EMA200 seems logical, sitting at $92.50, resulting in 20% gains. A stop loss can be added slightly below the previous resistance at $75 (e.g., 74.5), resulting in a risk/reward ratio above 5! #Tellor #TradeSignal #TellorTRB

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Bearish Signals On the 4H Chart — Small Correction Incoming? Overall, the momentum is incredible at the moment, and we have seen a green market for four days in a row. However, when looking at the trade signals on the 4H chart, the number of sell signals is steadily increasing. Most of the signals are based on overbought momentum indicators. Nevertheless, it is essential to know that: 1️⃣ The price can continue to rise (even for a more extended period) although momentum indicators turned overbought. 2️⃣ We are still waiting for the official #EtheruemETF launch date — once this gets announced, the bullish momentum will definitely accelerate, regardless of overbought indicators. Summarized: Given the current bullish market, trading short signals makes no sense. However, monitoring and incorporating this development into your trade strategies is essential!

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Bitcoin Update — Why 100k Is On The Table And What Needs To Happen First! After eight days of battling the EMA200, $BTC finally won the match and closed the day above this essential technical indicator. The success on Saturday was mainly driven by the reduced market pressure, as the German state of Saxony ran out of Bitcoin. As expected, the price continued to rise after closing above the EMA200. The unbelievably sad events in the U.S. further fueled the increase. As a result, Bitcoin is now eyeing the upper boundary of the long-term bull flag. This pattern has started to form in March after Bitcoin jumped from ~40k to ~73k. From a technical analysis point of view, a break to the upside of the bull flag would inevitably bring 100k to the table. However, it is unlikely (right now) that Bitcoin will smash that barrier directly with the next attempt. Nevertheless, based on the current momentum shift, I would expect a break to the upside during the next weeks, followed by a new ATH and a march toward 100k during the 3rd quarter. #BTC☀

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Fully Equipped — 😂 🥳 😂 🥳 😂 🥳 Thank you, @Binance & @Binance Customer Support for the fantastic merch package. I prolly should do a "rate-my-outfit" post on Instagram lol. What do you think? Bullish = Like ❤️ Bearish = Comment 🗯️

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Thank you so much for more than 66k views on Binance Live 🙏 Hosting the "Crypto & Coffee" show every morning is an absolute pleasure. In case you haven't tuned in — tomorrow is your next chance! 9 AM UTC! Join here! #BinanceLive! #BinanceSquareFamily

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