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Tomorrow you wake up, #Bitcoin  is trading above $100k. What will you do next? #HotTrends #Write2Erarn #DaNuTRADING #BTC🔥🔥🔥🔥

Tomorrow you wake up, #Bitcoin  is trading above $100k.

What will you do next?

#HotTrends #Write2Erarn #DaNuTRADING #BTC🔥🔥🔥🔥

Отказ от ответственности: на платформе опубликованы материалы и мнения третьих лиц. Не является финансовой рекомендацией. См. Правила и условия.
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Keep bringing the fire with your hustle, friends! Let's start with the 1-hour TF: Price reversal happened in the best traditions of technical analysis: an "Ascending (Bearish) Wedge" paired with a Three Drives Pattern" (rising highs), further reinforced by RSI Divergence - a strong reversal setup that's hard to ignore. • The correction has begun, with the first wave of decline already bringing about -6% in just a few hours. A short-term bounce is possible from here (aiming for a retest of EMA200 from below), after which the downtrend may resume. → The key near-term targets on the downside are around $2800-3000 s, where buyer reaction will be crucial. Now, moving on to the 4-hour TF: • The Parallel Bullish channel I mentioned in the last analysis remains relevant. The recent upswing tested the EMA200 from below (on the 4-hour chart), triggering seller activity. If the Big Player decides to gather liquidity below the local minimum (around $2800), a deeper decline down to the channel's lower boundary (around $2600) could be in the cards. → In the medium-term perspective, the potential accumulation range is $2550-27502, with a drop below this level currently having very low odds. ! Regarding the current situation: It's still riskyto buy (especially on margin). So, the downtrend may continue in the near future. However, it's worth focusing on Longs for the medium term. A drop in Ether below $2500 is unlikely. • I'll keep holding a small portion of Long positions acquired at the bottom, in case of an early reversal. For now I'm preparing for a further correction. #Megadrop #BinanceLaunchpool #bitcoinhalving #BullorBear #Token2049
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