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SOL/USDT: Approaching Key Resistance with Bullish Momentum
The cryptocurrency market is witnessing positive movement from #SOL/USDT as it approaches a strong resistance level at 247.31. Backed by a steady upward trend, the likelihood of a breakout to extend the rally remains high.
In recent days, the price has consistently formed higher highs and higher lows, reflecting the market's optimistic sentiment. The trendline has served as a robust support, sustaining the price within its upward trajectory.
Trading Strategies:
Buy on #breakout : Enter a position if the price surpasses 247.31, targeting 256.00, with a stop loss below 243.00.
Buy on Pullback: Place orders near the 238.80 level or along the #trendline , with a stop loss set below 231.49.
SOL/USDT’s bullish structure, reinforced by strong support and market confidence, presents promising opportunities for traders. $SOL
In recent days, the price has consistently formed higher highs and higher lows, reflecting the market's optimistic sentiment. The trendline has served as a robust support, sustaining the price within its upward trajectory.
Trading Strategies:
Buy on #breakout : Enter a position if the price surpasses 247.31, targeting 256.00, with a stop loss below 243.00.
Buy on Pullback: Place orders near the 238.80 level or along the #trendline , with a stop loss set below 231.49.
SOL/USDT’s bullish structure, reinforced by strong support and market confidence, presents promising opportunities for traders. $SOL
XRP AWAITING TRIANGLE BREAKOUT
$XRP has formed another triage and a #breakout to the upside would mean touching the resistance at $1.29 which it'll most likely fly past so the next target would be $1.70.
If XRP breaks down, have no fear! A pull back is overdue which will most likely touch our bullish #trendline around $0.95 - $1.00.
The market is currently in an indecisive state, awaiting some news which may tigger a move in either direction.
Trade carefully and manage your risks!
#ANALYSIS
If XRP breaks down, have no fear! A pull back is overdue which will most likely touch our bullish #trendline around $0.95 - $1.00.
The market is currently in an indecisive state, awaiting some news which may tigger a move in either direction.
Trade carefully and manage your risks!
#ANALYSIS
Hillbilie blue:
It's a perp. future contract, not spot!
🚀Mastering HODLing: Simple Yet Not Easy 💪🔐
HODLing, the art of holding onto your crypto assets, is a straightforward concept but requires resilience. In the volatile world of #BTC, embracing the long-term vision can be challenging, yet it's the key to enduring success. Keep HODLing strong! 💼🌐 #CryptoHODL #BitcoinJourney #trendline #buythedip
Bitcoin has slightly touched the support zone and gone up. Also there is a breakout in the treadline. Retest is done. Is it going up?
#BTC #trendline #Breakout #SupportLines
#BTC #trendline #Breakout #SupportLines
$JASMY Fresh pattern indicates we have a falling channel!
We are now bouncing off the #fib level at 0.033$ and the lower #trendline
Expecting 0.0377$ to be a big resistance but nonetheless we test it pretty soon! If we breakout above this, we might even stretch the short term target at 0.06$
#JasmyCoinJourney #JASMYBTC #JasmyTrading
$SOL
We are now bouncing off the #fib level at 0.033$ and the lower #trendline
Expecting 0.0377$ to be a big resistance but nonetheless we test it pretty soon! If we breakout above this, we might even stretch the short term target at 0.06$
#JasmyCoinJourney #JASMYBTC #JasmyTrading
$SOL
$JASMY Falling #channel can breakout anytime above 0.0364$ and we should be ready for it!
We already have tapped the upper #trendline 4 times and 5th time should be it for the bulls. Target short term would immediately be 0.05$
Worst case #scenario would be a tap at 0.033$ or even 0.03$ but chances of that happening are slim, lower trendline tap if comes is the worst case.
#jasmyustd #AirdropGuide
We already have tapped the upper #trendline 4 times and 5th time should be it for the bulls. Target short term would immediately be 0.05$
Worst case #scenario would be a tap at 0.033$ or even 0.03$ but chances of that happening are slim, lower trendline tap if comes is the worst case.
#jasmyustd #AirdropGuide
In a 4h time frame #BNB/USDT has broken out of it's trend line resistance. A successful retest can bring high risk:reward buying opportunity and we can see bullish wave soon.📈
Follow us for more update like this.🔥
#BNBUSDT #resistance #trendline #chartpatterns #BTC
Follow us for more update like this.🔥
#BNBUSDT #resistance #trendline #chartpatterns #BTC
#crypto2023
Can BNB reach $10 000?
In terms of price value, BNB has an outstanding potential to reach new ATHs. It is forecasted that BNB will increase in value. According to many experts and business analysts, BNB can hit the highest possible price of $10,304.85 till 2030.
#Binance #BNB #BTC #trendline
Can BNB reach $10 000?
In terms of price value, BNB has an outstanding potential to reach new ATHs. It is forecasted that BNB will increase in value. According to many experts and business analysts, BNB can hit the highest possible price of $10,304.85 till 2030.
#Binance #BNB #BTC #trendline
#pepe⚡ break the #trendline and take bounce back from its support
for amazing signals and latest crypto news you can join us at ❌👉 #Imtiazzavi
#AirdropGuide #Margintrading
if you want to learn trading you can join us and follow us
we provide quality signlas
for amazing signals and latest crypto news you can join us at ❌👉 #Imtiazzavi
#AirdropGuide #Margintrading
if you want to learn trading you can join us and follow us
we provide quality signlas
How to draw a trend line ?
Trend lines… You see them on everyone’s charts but you probably how no idea how to draw them. Don’t worry, we don’t use them just to make chart look pretty, we use it to identify key directions and trends a chart is moving in. This determines what position takes when we go to enter positions!
Bullish, or bearish 📈📉
#trendline #chartpatterns #Education_post #BTC #AltcoinPredictions
Trend lines… You see them on everyone’s charts but you probably how no idea how to draw them. Don’t worry, we don’t use them just to make chart look pretty, we use it to identify key directions and trends a chart is moving in. This determines what position takes when we go to enter positions!
Bullish, or bearish 📈📉
#trendline #chartpatterns #Education_post #BTC #AltcoinPredictions
#BTC same pattern no ? #Pump , get stuck in a channel , break the 30 day simple MA , dance around it and #dump since the beginning of the year , but now #Bitcoin is still above that #trendline . Do we test it as support and continuation to those higher price predictions? I'm not so sure . #Altcoins bleeding. have a great weekend 👊
#Bitcoin-BTC seems to be heading for some kind of move. I see alot of confluence. Bollinger pressure tightening $BTC between the top of the channel headed towards that #trendline isn't this whole channel 5 waves ? is this the continuation of the 5th wave ? or are we going to break down to 35k ? #ETF #fomo ,, yeah I'm #bullish #RSI is high but I think Bitcoin is going for its #bearmarket high. this is not a signal , I don't trade , I'm looking to take profits on what I hold at the best time before the #halving pullback and use those profits to accumulate what I can during the pullback and such. this is not finacial advice , this is my personal experience and speculation. so yeah, take it with a grain of salt 👍$RDNT $RVN
what is going on right now ? $BTC back to the top trying to make it support again ? #BTC popped. I don't know 🤷♂️ but it's great 🚀 maybe get stuck in a broadening wedge with that #trendline just up and to the right 🤣 $BNB $RVN
$PENDLE seems to be in a mood.🚀
Follow us for more.🔥
#PENDLE #trendline #Write2Earn #PENDLE/USDT #charts
Follow us for more.🔥
#PENDLE #trendline #Write2Earn #PENDLE/USDT #charts
For $BTC
it's reasonable to expect a buy opportunity around the $54,000 zone for now. The #trendline near $52,000 serves as a crucial support level that could influence price action. Given that many shorts are targeting the $54,000 mark, there might be #upward pressure as these positions could lead to a short squeeze. If the price rebounds from this zone, it could signal a continuation of the bullish trend. Additionally, closely monitoring the market's reaction to this level, including volume and momentum indicators, will be important to confirm the strength of any potential upward move. 📈
what's your thought??
#BTC☀ #CryptoNewss #CryptoMarketMoves
i read you 👇
it's reasonable to expect a buy opportunity around the $54,000 zone for now. The #trendline near $52,000 serves as a crucial support level that could influence price action. Given that many shorts are targeting the $54,000 mark, there might be #upward pressure as these positions could lead to a short squeeze. If the price rebounds from this zone, it could signal a continuation of the bullish trend. Additionally, closely monitoring the market's reaction to this level, including volume and momentum indicators, will be important to confirm the strength of any potential upward move. 📈
what's your thought??
#BTC☀ #CryptoNewss #CryptoMarketMoves
i read you 👇
How to draw trend line ?
#Educational
How to draw trend line ?
A trendline is a charting tool used to determine the market's direction by connecting prices using support or resistance. A trendline can also be seen as a straight line that joins two lower highs or higher highs.
Drawing trend lines comes with a few rules A trendline should connect a minimum of 2 swing tops or bottoms, more touches means it’s stronger. A trendline should not cut through a candle or candles.
A trendline can only be based on closed the candle . To draw an uptrend line, you start with a swing low on the left-hand side of the chart and connect it to a higher swing low.
To draw a downtrend line, you begin with a swing high on the Lefthand side of the chart and connect it to a lower swing high.
Trend following is a trading strategy that buys when the price is rising and sells short when the price is falling.
#Binance #crypto2023 #BTC #trendline #leontech
How to draw trend line ?
A trendline is a charting tool used to determine the market's direction by connecting prices using support or resistance. A trendline can also be seen as a straight line that joins two lower highs or higher highs.
Drawing trend lines comes with a few rules A trendline should connect a minimum of 2 swing tops or bottoms, more touches means it’s stronger. A trendline should not cut through a candle or candles.
A trendline can only be based on closed the candle . To draw an uptrend line, you start with a swing low on the left-hand side of the chart and connect it to a higher swing low.
To draw a downtrend line, you begin with a swing high on the Lefthand side of the chart and connect it to a lower swing high.
Trend following is a trading strategy that buys when the price is rising and sells short when the price is falling.
#Binance #crypto2023 #BTC #trendline #leontech
▶️#Bitcoin❗ UPDATE 4h
🌐On the 4-hour #timeframe we observe a tightening towards the #trendline , from where the local correction begins. I expect to see a correction to the support level.
#BinanceLaunchpoolHMSTR #moonbix
🌐On the 4-hour #timeframe we observe a tightening towards the #trendline , from where the local correction begins. I expect to see a correction to the support level.
#BinanceLaunchpoolHMSTR #moonbix
In a 4h time frame, MBL/USDT is breaking its trend line resistance.
A successful breakout and retest could spark a bullish wave.📈
#BTC #MBL/USDT #chartpatterns #trendline #TradeOpportunity
A successful breakout and retest could spark a bullish wave.📈
#BTC #MBL/USDT #chartpatterns #trendline #TradeOpportunity
Market Update -
The #trendline I highlighted in the previous update played a crucial role in yesterday's price action.Notice Once broken, the retest around $64700 offered the most significant move over the weekend.
Currently, it appears that the price is holding strong above $60k, establishing a solid consolidation level. I'm eagerly awaiting a breakout above $69k (2021 ATH). Once this level is confirmed as support, we could witness the next leg up. Let's observe how the Monday Range unfolds.
Additionally, it's worth noting a #CME gap around the $63600 area, suggesting a potential move to fill this gap. I still have a buy order set between $59k and $60k to see if this scenario materializes. A close above $72k would make me very bullish.
Thankyou.
The #trendline I highlighted in the previous update played a crucial role in yesterday's price action.Notice Once broken, the retest around $64700 offered the most significant move over the weekend.
Currently, it appears that the price is holding strong above $60k, establishing a solid consolidation level. I'm eagerly awaiting a breakout above $69k (2021 ATH). Once this level is confirmed as support, we could witness the next leg up. Let's observe how the Monday Range unfolds.
Additionally, it's worth noting a #CME gap around the $63600 area, suggesting a potential move to fill this gap. I still have a buy order set between $59k and $60k to see if this scenario materializes. A close above $72k would make me very bullish.
Thankyou.