#BTCdominance is testing the neckline of double bottom on d | The Buzzing Bee pe Binance Square

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#BTCdominance is testing the neckline of double bottom on daily chart👉Bullish case if we do break out📈
👉For alts it's bearish news🐻

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NEARUSDT TA ⚡💥 The price is approaching the demand zone at $3.15 within the descending channel, where it must gather enough liquidity for a significant push. Failing to break and hold above $5.00 could trigger a pullback, dragging the price back into this critical demand zone at $2.600 . This area absolutely must hold to prevent a deeper collapse. $NEAR

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EGLDUSDT TA 💥 The price is holding the support level at the weekly timeframe at around $21.85 for now but looks very weak . I say this because the bullish divergence that was visible in the RSI seems to be broken on last week's closing . So, there are more chances that the support could be broken down. Wouldn't recommend buying it right now . A better buy would be a reclaim of $26 level after a failed breakdown from this support level ( if that happens ) $EGLD

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⚡💥 Trade With Confidence During the 2024 U.S. Election! The 2024 U.S. Presidential Election is approaching fast, bringing potential for market-shaking events! As one of the year’s major influences on crypto markets, this election could lead to notable volatility. Based on previous trends, expect intensified price fluctuations and temporary shifts in liquidity. Here’s how to stay prepared: 1️⃣ Be Ready for Market Volatility Election updates and policy shifts may drive sharp price swings. Keep a close eye on the market to protect against sudden moves. 2️⃣ Set Stop Loss & Take Profit Levels Secure your trades by setting stop loss and take profit orders to navigate periods of high volatility effectively. 3️⃣ Trade With a Clear Mind Stay calm in uncertain times. Avoid overtrading to prevent emotional decisions that might impact your trades. With careful risk management, you’re equipped to handle the election season confidently. If you have any questions, our Customer Support is ready to assist. Let’s trade smart through election season! $BTC

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TOTAL Total crypto market capitalization is trading within a broadening wedge, and currently trading near the ma 50 If the bounce off this ma is successful, we expect to see further upside in the coming days $BTC

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🔥 BTCUSDT TA Monthly update So far so good! Following my green arrow nicely We’ve got 2 strong monthly candles - September & October First 2 weeks of November may be red (due to election uncertainty) but I’m pretty sure #BTC will be trading above the ATH in the second half of the month $BTC

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