Bitcoin is currently trading around $66,800, which is above the +0.5 standard deviation pricing band. If it maintains this level, there's a good chance it will climb to test the +1.0 standard deviation band at $79,600.#BTC☀ #TradersAnalysis
Breaking News: The NOTUSDT Perpetual Futures has surged an incredible +90.16%, hitting $0.027451. While this surge might appear enticing, it's crucial to delve deeper into the situation to understand the potential risks involved.
Why Caution is Advised: 1. Fundamental Validation Lacking: - Despite the significant price jump, there's a notable absence of substantial news or developments backing this surge. Such rallies without solid fundamentals often hint at speculative trading or market manipulation.
2. Overbought Signals: - Technical indicators like RSI and KDJ signal that NOTUSDT is heavily overbought. This suggests the asset might be overpriced and could face a correction soon.
3. Volume Surge Raises Eyebrows: - The 24-hour trading volume has skyrocketed to 293.98B USDT. While high volume can signify strong interest, in this context, it could signal a pump-and-dump scenario, artificially inflating prices to lure unsuspecting traders.
4. Critical Resistance Levels Ahead: - NOTUSDT is approaching significant resistance levels at $0.029458 and $0.030710. Breaking these levels without substantial support is challenging, hinting at a potential reversal.
Technical Overview: - Current Price: $0.027451 - Resistance Levels: $0.029458, $0.030710 - Support Levels: $0.027449, $0.021535
In Conclusion: While the surge in NOTUSDT may seem tempting, it's crucial to exercise caution. The absence of fundamental support, overbought conditions, surging volume, and nearing resistance levels all indicate a potentially volatile market environment.
Stay alert and avoid being swept away by the hype. Base your trading decisions on thorough analysis and prudent risk management.
- I can see There is a double top pattern in shorter timeframe hope you know about double top pattern it's a bearish pattern you can open a short now because it's retesting its resistance line again - there is another bearish sign that btc is bearish so alts is also bearish
- I can see There is a double top pattern in shorter timeframe hope you know about double top pattern it's a bearish pattern you can open a short now because it's retesting its resistance line again - there is another bearish sign that btc is bearish so alts is also bearish
- I can see There is a double top pattern in shorter timeframe hope you know about double top pattern it's a bearish pattern you can open a short now because it's retesting its resistance line again - there is another bearish sign that btc is bearish so alts is also bearish
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ENTRY PRICE : 9.848
1.TP: 9.459
2.TP: 9.354
3.TP: 9.272
LEVERAGE: 5x To 10x
SL: 10.789 Why I have opened short ?
- I can see There is a double top pattern in shorter timeframe hope you know about double top pattern it's a bearish pattern you can open a short now because it's retesting its resistance line again - there is another bearish sign that btc is bearish so alts is also bearish
Just click on my profile to join binance live stream
ENTRY PRICE : 0.031677
1.TP: 0.030431
2.TP: 0.030057
3.TP: 0.029309
LEVERAGE: 5x To 10x
SL: 0.035539 Why I have opened short ?
- I can see There is a double top pattern in shorter timeframe hope you know about double top pattern it's a bearish pattern you can open a short now because it's retesting its resistance line again - there is another bearish sign that btc is bearish so alts is also bearish
SOL is retesting the support area, gearing up for an exciting bounce! With the overall market looking bullish, we're expecting a strong upward rally in the coming days. 📈🌟
Get ready for SOL to soar to new heights – don't miss out on this thrilling ride! 🌕
📢 Big moves in the $PEPE market as whales continue accumulating millions of tokens. One investor withdrew 67B $PEPE ($1.02 million) from #OKX30, after experiencing significant losses with $SHIB . Despite losing $2.55 million (-85.5%) during the bear market with $SHIB B, they're back in action. Stay tuned for potential bullish developments! #CryptoInvesting #PEPEtotheMoon 🌕
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ENTRY PRICE : 8.91
1.TP: 8.5
2.TP: 8.2
3.TP: 8
4.TP: 7.8
LEVERAGE: 5x To 10x
SL: 9.2
Why I have opened short ?
- I can see There is a double top pattern in shorter timeframe hope you know about double top pattern it's a bearish pattern you can open a short now because it's retesting its resistance line again - there is another bearish sign that btc is bearish so alts is also bearish
Just click on my profile to join binance live stream
ENTRY PRICE : 32.3
1.TP: 30.2
2.TP: 29
3.TP: 28.43
4.TP: 27.2
LEVERAGE: 5x To 10x
SL: 33.2
Why I have opened short ?
- I can see There is a rising wadge in shortert timeframe hope you know about rising wadge it's a bearish pattern you can open a short after break out it's support line.
- there is another bearish sign that btc is bearish so alts is also bearish
Just click on my profile to join binance live stream
ENTRY PRICE : 111.67
1.TP: 110.26
2.TP: 109.26
3.TP: 108.65
4.TP: 0.1869
LEVERAGE: 5x To 10x
SL: 115.02 Why I have opened short ?
- I can see There is a double top pattern in shorter timeframe hope you know about double top pattern it's a bearish pattern you can open a short now because it's retesting its resistance line again - there is another bearish sign that btc is bearish so alts is also bearish
Just click on my profile to join binance live stream
ENTRY PRICE : 0.1913
1.TP: 0.1901
2.TP: 0.1898
3.TP: 0.1884
4.TP: 0.1869
LEVERAGE: 5x To 10x
SL: 0.1868 Why I have opened short ?
- I can see There is a double top pattern in shorter timeframe hope you know about double top pattern it's a bearish pattern you can open a short now because it's retesting its resistance line again - there is another bearish sign that btc is bearish so alts is also bearish
Just click on my profile to join binance live stream
ENTRY PRICE : 0.00001472
1.TP: 0.00001306
2.TP: 0.00001325
3.TP: 0.00001310
4.TP: 0.00001305
LEVERAGE: 5x To 10x
SL: 0.00001720 Why I have opened short ?
- I can see There is a double top pattern in shorter timeframe hope you know about double top pattern it's a bearish pattern you can open a short now because it's retesting its resistance line again - there is another bearish sign that btc is bearish so alts is also bearish
Just click on my profile to join binance live stream
ENTRY PRICE : 0.8652
1.TP: 0.7855
2.TP: 0.7770
3.TP: 0.7755
4.TP: 0.7600
LEVERAGE: 5x To 10x
SL: 0.9334
Why I have opened short ?
- I can see There is a double top pattern in shorter timeframe hope you know about double top pattern it's a bearish pattern you can open a short now because it's retesting its resistance line again - there is another bearish sign that btc is bearish so alts is also bearish
$MINA
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