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@Dexter_The_Trader
A growing community that provides the best and unbiased market updates and trade setups on cryptocurrency.
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JASMY has broken above the resistance trendline, retested it, and is now showing a rebound. I expect a 100% gain on JASMY, with the 100 EMA holding as support.
~ Entry: CMP.
~ Accumulate up to $0.019.
~ Leverage: 3x.
~ Targets: $0.0276, $0.0320, $0.0385, $0.0447.
Always conduct your own research and analysis before investing.
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#WeAreAllSatoshi #Write2Earn!
~ Entry: CMP.
~ Accumulate up to $0.019.
~ Leverage: 3x.
~ Targets: $0.0276, $0.0320, $0.0385, $0.0447.
Always conduct your own research and analysis before investing.
👉 Trade Now options and futures BTCUSD on Coincall
Coincall: options and futures premium trading experience (https://www.coincall.com/r/43438887)
#WeAreAllSatoshi #Write2Earn!
MYRO has broken above the triangle and is currently in the accumulation phase. A rebound is likely to reach the resistance level of $0.1342, and once it breaks above this resistance, we could see a 100% rally in MYRO. from there.
~ Entry: CMP.
~ Accumulation: $0.102 to $0.116.
~ Leverage: 3x.
~ Stop loss: A close below $0.095.
~ Targets: $0.125, $0.134, $0.151, $0.166, $0.189, $0.202.
Note: Accumulate on the dip and trade at your own risk. Always conduct your own research and analysis before investing.
Join Coincall: https://coincall.com/r/43438887
Thank you.
Trade safely.
#AltCoinRush #HaveYouBinanced #SOLFutureRise $#SOLFutureRise $
~ Entry: CMP.
~ Accumulation: $0.102 to $0.116.
~ Leverage: 3x.
~ Stop loss: A close below $0.095.
~ Targets: $0.125, $0.134, $0.151, $0.166, $0.189, $0.202.
Note: Accumulate on the dip and trade at your own risk. Always conduct your own research and analysis before investing.
Join Coincall: https://coincall.com/r/43438887
Thank you.
Trade safely.
#AltCoinRush #HaveYouBinanced #SOLFutureRise $#SOLFutureRise $
This is the monthly chart of Bitcoin, and it looks amazing. The breakout above the resistance trendline indicates a positive parabolic move for BTC, and a monthly close above this resistance would be the cherry on top.
We saw BTC reach a new all-time high above $89k—a 130% gain this year—which could mark the beginning.
Aiming for a whopping $100k this year.
Welcome to the BULL RUN!
#BTCBreaks89k #HaveYouBinanced #AltCoinRush $BTC
We saw BTC reach a new all-time high above $89k—a 130% gain this year—which could mark the beginning.
Aiming for a whopping $100k this year.
Welcome to the BULL RUN!
#BTCBreaks89k #HaveYouBinanced #AltCoinRush $BTC
Trump is currently leading in the U.S. election. According to the latest results, he needs only 22 more electoral votes to secure the win.
Let’s hope for the best.
#USAElection2024 #Trump2024
Let’s hope for the best.
#USAElection2024 #Trump2024
BREAKING NEWS!!!! BTC Made a new ALL-TIME HIGH of $75000!!!!!
#BTCUSDT #CryptoMarketMadness #USElections2024Countdown
#BTCUSDT #CryptoMarketMadness #USElections2024Countdown
Hello, traders!
In my previous update on the daily timeframe, I mentioned a possible rejection for BTC, which has now occurred. The $69k level was expected to hold as support, but it failed, and the price is currently trending at $68k, which remains a support level, though a weaker one.
On the weekly timeframe, BTC is still showing strong support, but if we see a further correction, $65.5k is likely the next level to watch. The upcoming weekly close needs to stay above this support level.
With the U.S. election happening today, the market is likely to experience some volatility, so please be cautious and trade safely.
I’ll continue to keep you all updated on market conditions.
#NovemberMarketAnalysis #BTC☀ #USElections2024Countdown
In my previous update on the daily timeframe, I mentioned a possible rejection for BTC, which has now occurred. The $69k level was expected to hold as support, but it failed, and the price is currently trending at $68k, which remains a support level, though a weaker one.
On the weekly timeframe, BTC is still showing strong support, but if we see a further correction, $65.5k is likely the next level to watch. The upcoming weekly close needs to stay above this support level.
With the U.S. election happening today, the market is likely to experience some volatility, so please be cautious and trade safely.
I’ll continue to keep you all updated on market conditions.
#NovemberMarketAnalysis #BTC☀ #USElections2024Countdown
BTC Update:
Our analysis played out as expected. Let’s see if BTC can hold the $68k-$69k support level on the daily timeframe.
The weekly close and the U.S. election are just a few days away, so let’s watch how BTC and the altcoins respond.
Trade BTC and other altcoins with me on Coincall: https://www.coincall.com/r/43438887
Trade crypto options and futures on Coincall for great onboarding bonuses and a premium trading experience.
Trade safely!
#BTC☀ #CryptoDecision #Promotion #BinanceBlockchainWeek $BTC
Our analysis played out as expected. Let’s see if BTC can hold the $68k-$69k support level on the daily timeframe.
The weekly close and the U.S. election are just a few days away, so let’s watch how BTC and the altcoins respond.
Trade BTC and other altcoins with me on Coincall: https://www.coincall.com/r/43438887
Trade crypto options and futures on Coincall for great onboarding bonuses and a premium trading experience.
Trade safely!
#BTC☀ #CryptoDecision #Promotion #BinanceBlockchainWeek $BTC
#BTC didn't hit the ATH but did rally as high as $73,620, aligning with our weekly analysis. The BRR pattern played out well.
On the weekly timeframe, BTC needs to break above the all-time high resistance to sustain its bullish momentum. A weekly close below this resistance could result in a possible rejection.
Looking at the daily timeframe, BTC is likely to face a rejection around the $68.8k to $69k range.
In my next update, I'll cover altcoins, so stay tuned and trade safely.
Setup for SHORT entry:
~ Entry: $72,800 to CMP.
~ Stoploss: $74,500.
~ Leverage: 10x.
~ Target: $68.8k.
Do your own research and analysis before investing.
#BinanceTurns7 #WeAreAllSatoshi #Write2Earn! #BTC☀ $BTC
On the weekly timeframe, BTC needs to break above the all-time high resistance to sustain its bullish momentum. A weekly close below this resistance could result in a possible rejection.
Looking at the daily timeframe, BTC is likely to face a rejection around the $68.8k to $69k range.
In my next update, I'll cover altcoins, so stay tuned and trade safely.
Setup for SHORT entry:
~ Entry: $72,800 to CMP.
~ Stoploss: $74,500.
~ Leverage: 10x.
~ Target: $68.8k.
Do your own research and analysis before investing.
#BinanceTurns7 #WeAreAllSatoshi #Write2Earn! #BTC☀ $BTC
#BTC didn't hit the ATH but did rally as high as $73,620, aligning with our weekly analysis. The BRR pattern played out well.
On the weekly timeframe, BTC needs to break above the all-time high resistance to sustain its bullish momentum. A weekly close below this resistance could result in a possible rejection.
Looking at the daily timeframe, BTC is likely to face a rejection around the $68.8k to $69k range.
In my next update, I'll cover altcoins, so stay tuned and trade safely.
Setup for SHORT entry:
~ Entry: $72,800 to CMP.
~ Stoploss: $74,500.
~ Leverage: 10x.
~ Target: $68.8k.
Do your own research and analysis before investing.
#BinanceTurns7 #WeAreAllSatoshi #Write2Earn! #BTC☀ $BTC
On the weekly timeframe, BTC needs to break above the all-time high resistance to sustain its bullish momentum. A weekly close below this resistance could result in a possible rejection.
Looking at the daily timeframe, BTC is likely to face a rejection around the $68.8k to $69k range.
In my next update, I'll cover altcoins, so stay tuned and trade safely.
Setup for SHORT entry:
~ Entry: $72,800 to CMP.
~ Stoploss: $74,500.
~ Leverage: 10x.
~ Target: $68.8k.
Do your own research and analysis before investing.
#BinanceTurns7 #WeAreAllSatoshi #Write2Earn! #BTC☀ $BTC
BTC Update:
BTC just closed above a key resistance level on the weekly chart, and this week’s candle is showing a retest. We’re seeing a classic pattern here called Breakout, Retest, & Rebound (BRR).
Last week was the ‘Breakout,’ this week we’re in the ‘Retest’ phase, and if all goes well, we might see a ‘Rebound’ next week. This could push BTC to its all-time high of $73.7k, or maybe even beyond.
The main risk right now would be if BTC drops below the parallel channel on the weekly chart. For the rebound to happen, it’s important for BTC to stay above the $66k support level.
Thanks for reading! Remember to do your own research and analysis before making any decisions.
Trade safe!
#BinanceTurns7 #WeAreAllSatoshi #Write2Earn! #btc70k $BTC
BTC just closed above a key resistance level on the weekly chart, and this week’s candle is showing a retest. We’re seeing a classic pattern here called Breakout, Retest, & Rebound (BRR).
Last week was the ‘Breakout,’ this week we’re in the ‘Retest’ phase, and if all goes well, we might see a ‘Rebound’ next week. This could push BTC to its all-time high of $73.7k, or maybe even beyond.
The main risk right now would be if BTC drops below the parallel channel on the weekly chart. For the rebound to happen, it’s important for BTC to stay above the $66k support level.
Thanks for reading! Remember to do your own research and analysis before making any decisions.
Trade safe!
#BinanceTurns7 #WeAreAllSatoshi #Write2Earn! #btc70k $BTC
Here we go!
#BTC is moving as expected. The breakout, retest, and rebound pattern is in play. Two weeks ago, BTC broke above the resistance; last week, it retested, and this week it’s showing a rebound.
Let’s see if BTC can reach an all-time high because, according to our analysis, that’s the target.
Trade safely.
#bitcoin #CryptocurrencyAnalysis #BinanceTurns7 #WeAreAllSatoshi #Write2Earn! $BTC
#BTC is moving as expected. The breakout, retest, and rebound pattern is in play. Two weeks ago, BTC broke above the resistance; last week, it retested, and this week it’s showing a rebound.
Let’s see if BTC can reach an all-time high because, according to our analysis, that’s the target.
Trade safely.
#bitcoin #CryptocurrencyAnalysis #BinanceTurns7 #WeAreAllSatoshi #Write2Earn! $BTC
BTC Update:
BTC just closed above a key resistance level on the weekly chart, and this week’s candle is showing a retest. We’re seeing a classic pattern here called Breakout, Retest, & Rebound (BRR).
Last week was the ‘Breakout,’ this week we’re in the ‘Retest’ phase, and if all goes well, we might see a ‘Rebound’ next week. This could push BTC to its all-time high of $73.7k, or maybe even beyond.
The main risk right now would be if BTC drops below the parallel channel on the weekly chart. For the rebound to happen, it’s important for BTC to stay above the $66k support level.
Thanks for reading! Remember to do your own research and analysis before making any decisions.
Trade safe!
#BinanceTurns7 #WeAreAllSatoshi #Write2Earn! #btc70k $BTC
BTC just closed above a key resistance level on the weekly chart, and this week’s candle is showing a retest. We’re seeing a classic pattern here called Breakout, Retest, & Rebound (BRR).
Last week was the ‘Breakout,’ this week we’re in the ‘Retest’ phase, and if all goes well, we might see a ‘Rebound’ next week. This could push BTC to its all-time high of $73.7k, or maybe even beyond.
The main risk right now would be if BTC drops below the parallel channel on the weekly chart. For the rebound to happen, it’s important for BTC to stay above the $66k support level.
Thanks for reading! Remember to do your own research and analysis before making any decisions.
Trade safe!
#BinanceTurns7 #WeAreAllSatoshi #Write2Earn! #btc70k $BTC
Mixed feelings at the moment.
The weekly BTC chart shows a potential retest followed by a rebound, but the Fear & Greed Index suggests something else.
Currently, the index reflects greed in the market, and when it reaches extreme greed levels, it's often a red alert for long holdings.
Here’s what I’ve analyzed after comparing both scenarios:
~ BTC is in a retest phase, with the Fear & Greed Index showing greed at 74.
~ If BTC rebounds after the weekly close, the Fear & Greed Index may reach extreme greed levels.
~ Once the index hits extreme greed, a pullback is likely to restore balance. This suggests BTC may face rejection after approaching or hitting its all-time high.
This is what I can deduce from the current market conditions.
Stay safe, trade wisely, and always do your own research and analysis before investing.
#BTC☀ #CryptocurrencyAnalysis #BinanceTurns7 #WeAreAllSatoshi #Write2Earn! $BTC
The weekly BTC chart shows a potential retest followed by a rebound, but the Fear & Greed Index suggests something else.
Currently, the index reflects greed in the market, and when it reaches extreme greed levels, it's often a red alert for long holdings.
Here’s what I’ve analyzed after comparing both scenarios:
~ BTC is in a retest phase, with the Fear & Greed Index showing greed at 74.
~ If BTC rebounds after the weekly close, the Fear & Greed Index may reach extreme greed levels.
~ Once the index hits extreme greed, a pullback is likely to restore balance. This suggests BTC may face rejection after approaching or hitting its all-time high.
This is what I can deduce from the current market conditions.
Stay safe, trade wisely, and always do your own research and analysis before investing.
#BTC☀ #CryptocurrencyAnalysis #BinanceTurns7 #WeAreAllSatoshi #Write2Earn! $BTC
BTC Update:
BTC just closed above a key resistance level on the weekly chart, and this week’s candle is showing a retest. We’re seeing a classic pattern here called Breakout, Retest, & Rebound (BRR).
Last week was the ‘Breakout,’ this week we’re in the ‘Retest’ phase, and if all goes well, we might see a ‘Rebound’ next week. This could push BTC to its all-time high of $73.7k, or maybe even beyond.
The main risk right now would be if BTC drops below the parallel channel on the weekly chart. For the rebound to happen, it’s important for BTC to stay above the $66k support level.
Thanks for reading! Remember to do your own research and analysis before making any decisions.
Trade safe!
#BinanceTurns7 #WeAreAllSatoshi #Write2Earn! #btc70k $BTC
BTC just closed above a key resistance level on the weekly chart, and this week’s candle is showing a retest. We’re seeing a classic pattern here called Breakout, Retest, & Rebound (BRR).
Last week was the ‘Breakout,’ this week we’re in the ‘Retest’ phase, and if all goes well, we might see a ‘Rebound’ next week. This could push BTC to its all-time high of $73.7k, or maybe even beyond.
The main risk right now would be if BTC drops below the parallel channel on the weekly chart. For the rebound to happen, it’s important for BTC to stay above the $66k support level.
Thanks for reading! Remember to do your own research and analysis before making any decisions.
Trade safe!
#BinanceTurns7 #WeAreAllSatoshi #Write2Earn! #btc70k $BTC
It’s happening, guys!
I hope this turns out to be a retest on the weekly timeframe.
I’m expecting a rejection, or what could be considered a retest (according to the weekly timeframe), down to $62k.
What do you guys think?
#BTC #CryptoNewss #BTC☀ $BTC
I hope this turns out to be a retest on the weekly timeframe.
I’m expecting a rejection, or what could be considered a retest (according to the weekly timeframe), down to $62k.
What do you guys think?
#BTC #CryptoNewss #BTC☀ $BTC
Hello, traders!
Today, we’re going to analyze BTC in a weekly timeframe.
In the next 7 hours, BTC will likely confirm a major breakout with a weekly close above the parallel channel resistance. BTC has been attempting to break above this resistance for quite some time, and it looks like the breakout is finally happening.
A weekly close above the resistance will confirm a major bullish scenario for Bitcoin, setting its primary target at the all-time high of $73.7k.
On the daily timeframe, BTC is at a critical resistance, and a daily close above it will provide double confirmation.
We’ll wait for the weekly close and see what BTC has in store.
Trade safely!
#CryptocurrencyAnalysis #BTC #BinanceTurns7 #WeAreAllSatoshi #Write2Earn! $BTC
Today, we’re going to analyze BTC in a weekly timeframe.
In the next 7 hours, BTC will likely confirm a major breakout with a weekly close above the parallel channel resistance. BTC has been attempting to break above this resistance for quite some time, and it looks like the breakout is finally happening.
A weekly close above the resistance will confirm a major bullish scenario for Bitcoin, setting its primary target at the all-time high of $73.7k.
On the daily timeframe, BTC is at a critical resistance, and a daily close above it will provide double confirmation.
We’ll wait for the weekly close and see what BTC has in store.
Trade safely!
#CryptocurrencyAnalysis #BTC #BinanceTurns7 #WeAreAllSatoshi #Write2Earn! $BTC
#BTC Update:
BTC is right at resistance, and as mentioned earlier, it needs a daily close above this level to continue the bullish rally and set a new target of $73.7k (All-Time High).
Only 8 and a half hours are left for the daily candle to close, which will determine the next move. I suggest staying cautious with your trades and making wise decisions.
While BTC may be showing bullish signs, don't ignore the overbought range in the RSI and the Fear and Greed Index, which has been in the "greed" zone for the past two days.
Trade safely.
#CryptocurrencyAnalysis #BTC☀ $BTC #BinanceTurns7 #WeAreAllSatoshi #Write2Earn!
BTC is right at resistance, and as mentioned earlier, it needs a daily close above this level to continue the bullish rally and set a new target of $73.7k (All-Time High).
Only 8 and a half hours are left for the daily candle to close, which will determine the next move. I suggest staying cautious with your trades and making wise decisions.
While BTC may be showing bullish signs, don't ignore the overbought range in the RSI and the Fear and Greed Index, which has been in the "greed" zone for the past two days.
Trade safely.
#CryptocurrencyAnalysis #BTC☀ $BTC #BinanceTurns7 #WeAreAllSatoshi #Write2Earn!
I AM NOT FEELING GOOD ABOUT THIS!
On the daily timeframe, BTC is showing signs of rejection. If this rejection plays out, be prepared to see BTC drop to $62k, where the 100 EMA provides support. The RSI indicates weak momentum and will likely reach the oversold zone.
The only way we could see a positive move is if BTC breaks out and closes above $68k on the daily chart, which could then target the all-time high range. Until then, a bearish scenario is likely.
Please make sure to do your own research and analysis before making any decisions.
Trade safely.
#BTC☀ #CryptocurrencyAnalysis #BinanceTurns7 #WeAreAllSatoshi #Write2Earn! $BTC
On the daily timeframe, BTC is showing signs of rejection. If this rejection plays out, be prepared to see BTC drop to $62k, where the 100 EMA provides support. The RSI indicates weak momentum and will likely reach the oversold zone.
The only way we could see a positive move is if BTC breaks out and closes above $68k on the daily chart, which could then target the all-time high range. Until then, a bearish scenario is likely.
Please make sure to do your own research and analysis before making any decisions.
Trade safely.
#BTC☀ #CryptocurrencyAnalysis #BinanceTurns7 #WeAreAllSatoshi #Write2Earn! $BTC
I AM NOT FEELING GOOD ABOUT THIS!
On the daily timeframe, BTC is showing signs of rejection. If this rejection plays out, be prepared to see BTC drop to $62k, where the 100 EMA provides support. The RSI indicates weak momentum and will likely reach the oversold zone.
The only way we could see a positive move is if BTC breaks out and closes above $68k on the daily chart, which could then target the all-time high range. Until then, a bearish scenario is likely.
Please make sure to do your own research and analysis before making any decisions.
Trade safely.
#BTC☀ #CryptocurrencyAnalysis #BinanceTurns7 #WeAreAllSatoshi #Write2Earn! $BTC
On the daily timeframe, BTC is showing signs of rejection. If this rejection plays out, be prepared to see BTC drop to $62k, where the 100 EMA provides support. The RSI indicates weak momentum and will likely reach the oversold zone.
The only way we could see a positive move is if BTC breaks out and closes above $68k on the daily chart, which could then target the all-time high range. Until then, a bearish scenario is likely.
Please make sure to do your own research and analysis before making any decisions.
Trade safely.
#BTC☀ #CryptocurrencyAnalysis #BinanceTurns7 #WeAreAllSatoshi #Write2Earn! $BTC
Guys, here's the latest update on Bitcoin!
Click the link to check it out. It's a 4-minute long video.
Please show your support by subscribing, liking, and sharing it.
Regards,
Team Dexter.
#BTC☀ #BinanceTurns7 #WeAreAllSatoshi #Write2Earn! $BTC
Click the link to check it out. It's a 4-minute long video.
Please show your support by subscribing, liking, and sharing it.
Regards,
Team Dexter.
#BTC☀ #BinanceTurns7 #WeAreAllSatoshi #Write2Earn! $BTC
Guys, here's the latest update on Bitcoin!
Click the link to check it out. It's a 4-minute long video.
Please show your support by subscribing, liking, and sharing it.
Regards,
Team Dexter.
#BTC☀ #BinanceTurns7 #WeAreAllSatoshi #Write2Earn! $BTC
Click the link to check it out. It's a 4-minute long video.
Please show your support by subscribing, liking, and sharing it.
Regards,
Team Dexter.
#BTC☀ #BinanceTurns7 #WeAreAllSatoshi #Write2Earn! $BTC
Can Ethereum Reach a New All-Time High?
Hello, traders!
Let’s analyze ETH on the weekly timeframe.
ETH is currently at its support trendline, and a rebound is expected soon. In the past, ETH has consistently respected this trendline, and we can expect a similar move this time.
A rebound from the current price could easily target the all-time high of $4868, which would be a 128% gain from the support level. The 200 EMA is providing strong support, merging with the support trendline.
The RSI indicates a hidden bullish divergence, signaling a potential positive move for ETH.
Key points to note:
~ Support Range: $1950-$2523.~ Target: $4868 (ATH).~ RSI: Hidden Bullish Divergence.
Note: Always do your own research and analysis before making any decisions.
Trade safely!
#ETH🔥🔥🔥🔥 #Ethereum✅ $ETH
Hello, traders!
Let’s analyze ETH on the weekly timeframe.
ETH is currently at its support trendline, and a rebound is expected soon. In the past, ETH has consistently respected this trendline, and we can expect a similar move this time.
A rebound from the current price could easily target the all-time high of $4868, which would be a 128% gain from the support level. The 200 EMA is providing strong support, merging with the support trendline.
The RSI indicates a hidden bullish divergence, signaling a potential positive move for ETH.
Key points to note:
~ Support Range: $1950-$2523.~ Target: $4868 (ATH).~ RSI: Hidden Bullish Divergence.
Note: Always do your own research and analysis before making any decisions.
Trade safely!
#ETH🔥🔥🔥🔥 #Ethereum✅ $ETH
Here’s BTC on the daily timeframe.
According to this chart, BTC has resistance near $69k. Let’s see if BTC reaches the resistance this time.
Be cautious and trade safely.
#BTC☀ #BinanceTurns7 #WeAreAllSatoshi #Write2Earn!
According to this chart, BTC has resistance near $69k. Let’s see if BTC reaches the resistance this time.
Be cautious and trade safely.
#BTC☀ #BinanceTurns7 #WeAreAllSatoshi #Write2Earn!
BITCOIN: Will it Get Rejected Again?
Hello, traders!
BTC is once again showing signs of rejection, so be prepared. In the past, we saw a similar situation where BTC was rejected from the same resistance trendline.
The RSI is in the overbought zone, indicating a potential loss of momentum. At this point, we need to be cautious with our leveraged long positions. If rejection occurs, we can expect the price to drop to around $62k, where the 100 EMA serves as support.
For a continued bullish move, BTC must break above the resistance trendline, which could lead BTC towards $69k or $70k.
Key points to watch:
~ Resistance trendline: Rejection is likely.
~ Support level: A rejection could bring BTC down to the $62k support (100 EMA).
~ Bullish continuation: A breakout above the resistance trendline.
Make sure to do your own analysis and research before making any decisions.
#BTC☀ #Altcoins👀🚀 #BinanceTurns7 #WeAreAllSatoshi #Write2Earn! $BTC
Hello, traders!
BTC is once again showing signs of rejection, so be prepared. In the past, we saw a similar situation where BTC was rejected from the same resistance trendline.
The RSI is in the overbought zone, indicating a potential loss of momentum. At this point, we need to be cautious with our leveraged long positions. If rejection occurs, we can expect the price to drop to around $62k, where the 100 EMA serves as support.
For a continued bullish move, BTC must break above the resistance trendline, which could lead BTC towards $69k or $70k.
Key points to watch:
~ Resistance trendline: Rejection is likely.
~ Support level: A rejection could bring BTC down to the $62k support (100 EMA).
~ Bullish continuation: A breakout above the resistance trendline.
Make sure to do your own analysis and research before making any decisions.
#BTC☀ #Altcoins👀🚀 #BinanceTurns7 #WeAreAllSatoshi #Write2Earn! $BTC
BITCOIN: Will it Get Rejected Again?
Hello, traders!
BTC is once again showing signs of rejection, so be prepared. In the past, we saw a similar situation where BTC was rejected from the same resistance trendline.
The RSI is in the overbought zone, indicating a potential loss of momentum. At this point, we need to be cautious with our leveraged long positions. If rejection occurs, we can expect the price to drop to around $62k, where the 100 EMA serves as support.
For a continued bullish move, BTC must break above the resistance trendline, which could lead BTC towards $69k or $70k.
Key points to watch:
~ Resistance trendline: Rejection is likely.
~ Support level: A rejection could bring BTC down to the $62k support (100 EMA).
~ Bullish continuation: A breakout above the resistance trendline.
Make sure to do your own analysis and research before making any decisions.
#BTC☀ #Altcoins👀🚀 #BinanceTurns7 #WeAreAllSatoshi #Write2Earn! $BTC
Hello, traders!
BTC is once again showing signs of rejection, so be prepared. In the past, we saw a similar situation where BTC was rejected from the same resistance trendline.
The RSI is in the overbought zone, indicating a potential loss of momentum. At this point, we need to be cautious with our leveraged long positions. If rejection occurs, we can expect the price to drop to around $62k, where the 100 EMA serves as support.
For a continued bullish move, BTC must break above the resistance trendline, which could lead BTC towards $69k or $70k.
Key points to watch:
~ Resistance trendline: Rejection is likely.
~ Support level: A rejection could bring BTC down to the $62k support (100 EMA).
~ Bullish continuation: A breakout above the resistance trendline.
Make sure to do your own analysis and research before making any decisions.
#BTC☀ #Altcoins👀🚀 #BinanceTurns7 #WeAreAllSatoshi #Write2Earn! $BTC
#USDT dominance is once again approaching its support trendline. Since March 2024, this trendline has been holding, and for the market to turn bullish or for an altseason to begin, USDT.D must break below this support trendline.
However, we need to be cautious about a rebound. If USDT dominance rebounds from the support, BTC and other altcoins are likely to experience another bearish move.
Important Points:
~ Support Trendline: 5.30%
~ Bearish Scenario for the Market: A rebound from the support trendline.
~ Bullish Scenario for the Market: A breakdown and close below the support trendline.
Note: Always do your own research and analysis before investing.
#CryptoMarket #usdtdominnce #TradingSignal #BinanceTurns7 #WeAreAllSatoshi
However, we need to be cautious about a rebound. If USDT dominance rebounds from the support, BTC and other altcoins are likely to experience another bearish move.
Important Points:
~ Support Trendline: 5.30%
~ Bearish Scenario for the Market: A rebound from the support trendline.
~ Bullish Scenario for the Market: A breakdown and close below the support trendline.
Note: Always do your own research and analysis before investing.
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