I can see on this chart shows the Bitcoin/USDT pair on the 1-hour timeframe, forming a symmetrical triangle pattern. 📊 Symmetrical triangles suggest price consolidation before a significant move. The RSI at 53.41 reflects moderate bullish momentum, supporting the potential for a breakout. 📈 The triangle's apex signals a probable breakout, aligning with the chart's bullish outlook. Traders should wait for confirmation of the breakout before entry and adhere to risk management practices. 🚀 This setup provides a favorable risk-to-reward opportunity for active trading. ⚠️
This BTC Dominance (BTC.d) chart shows a double top pattern, signaling bearish momentum. 📉 The neckline has been broken, indicating further downside. EMA ribbons confirm the downtrend, and the RSI near 31.29 suggests oversold conditions. ⚠️ This breakdown may highlight altcoin strength as Bitcoin dominance weakens, providing potential opportunities in altcoins. 📊 Risk management is crucial! 🚨
I can see a liquidation heatmap showing longer time liquidity, so we can go on bullish, just because of longer time liquidation is more.
Entry Price: $100,025 or Market Price
Three take-profit targets are identified:
1st TP: $102,000
2nd TP: $104,000
3rd TP: $107,998
Stop-loss (SL) set at $95,657
$BTC
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