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BITCOIN
IS TRYING TO BREAK OUT!🚀
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Bitcoin Bullets® Market Analysis NOVEMBER 30th, 2024 ➖➖➖➖➖ ⚪️TECHNICAL (H1) On the H1 timeframe, the price action is consolidating within a symmetrical triangle pattern, showing signs of a potential bounce from its support trendline. 📐📊 This indicates that the trendline is acting as a key support level, providing a base for a possible upward move if the price sustains this level. Continued consolidation within the triangle could lead to a breakout in either direction. 🔄📈 / 📉 ⚪️WRAP-UP (VIP) On the H1 timeframe, the price action is supported by all EMAs, aligning with the horizontal support level, suggesting a potential bounce back. 📊📈 If this support holds, it could drive the price toward an upward movement, signaling bullish momentum in the short term. 🚀 $BTC DAILY RANGE: 📈Upper Limit: $99,200 📉Lower Limit: $90,954 (+-9.47 based on moving average volatility open/endpoints) 📌SCALP ENTRIES (VIP) (*Advanced traders only - moderate/high risk) 🔵LONG 💲96,859 🔴SHORT 💲95,937
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Bitcoin Fear and Greed Index is 81
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📌$NKN/USDT (LONG) Leverage: 5-10x 0.069 0.070 0.071 0.0725 0.0735 0.083 0.089 0.099 0.11 Profit: 771.2% (10X)🥂🔥 $NKN
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📌$THETA/USDT (LONG) Leverage: 5-10x 1.5180 1.5250 1.5400 1.5700 1.6000 1.8000 2.0000 2.5000 3.0000 Profit: 1226.8% (10X)🥂🔥 $THETA
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#BTC/USDT ANALYSIS Bitcoin is encountering resistance at the horizontal supply zone after bouncing off the support trendline of an ascending broadening wedge. The Ichimoku Cloud is acting as support beneath the price action. A decisive move is awaited to confirm the next directional trend. Keep an eye on it.
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