#BTC/USDT ANALYSIS Bitcoin continues to trade within the as | Ilyas64184089 on Binance Square

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#BTC/USDT ANALYSIS
Bitcoin continues to trade within the ascending triangle pattern, facing rejection at the horizontal resistance zone. 
The Ichimoku Cloud is providing support, indicating sustained bullish momentum. A decisive breakout or breakdown is needed to confirm the next significant move for BTC.

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#SOL/USDT ANALYSIS SOL is currently rebounding from the horizontal demand zone within a descending triangle pattern. The Ichimoku Cloud presents a significant resistance barrier above the price action. A successful breakout through both the cloud and the pattern would confirm a bullish trend, though the price may also fall from this level. $SOL #DODOEmpowersMemeIssuance

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ONE has created an ascending head and shoulders and is also located in the Falling wedge , which means that if it breaks, we expect the price to reach the target (AB=CD). #dappOSTheFutureofIntents #GravityAlphaMainnet #AirdropGuide #CryptoTradingGuide #StartInvestingInCrypto #IntroToCopytrading #EarnFreeCrypto2024 #BinanceTurns7 #MarketDownturn #Write2Earn #DODOEmpowerMemeIssuance

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Bitcoin faced a Rejection! Yesterday’s chart may seem like Bitcoin faced rejection from the neckline, but that’s not entirely correct. In my opinion, there has been no significant change, as funding rates are still positive. Additionally, the SEC has approved BlackRock’s spot Bitcoin ETF options trading, marking the first approval for options trading on a spot Bitcoin ETF. On the technical side, we got a Bullish Spinning Top candlestick as a daily close yesterday, so we could see some sideways movement before a major move. Right now, it's a do-or-die situation for Bitcoin. We’ll be able to confirm the next significant move by looking at the weekly close. My strategy remains the same until we get a major confirmation from Bitcoin. In my opinion, prepare for volatility as this is the last week of the month. Uptober is coming up, Q4 is bullish! 🚀 #DODOEmpowersMemeIssuance #NeiroOnBinance $BTC

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$VET is forming the beautiful Falling wedge structure on the daily chart. Like many other alts, Vechain didn't breakout yet, so still we have a chance. A Nice short-term trade can be placed after the respective breakout. Trade with proper stop loss and risk management, or you may wanna wait for BTC weekly closing before deciding any move ahead.

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#BTC/USDT ANALYSIS Bitcoin has recently broken out of its descending triangle pattern following a period of consolidation. It is currently encountering resistance at the 200MA, which is acting as a key barrier. Meanwhile, the 100MA is providing support just above the triangle. A successful retest above the triangle would confirm a potential upward movement. Keep a close watch on these developments for further confirmation. $BTC #dappOSTheFutureofIntents #GravityAlphaMainnet #AirdropGuide #CryptoTradingGuide #StartInvestingInCrypto #IntroToCopytrading #EarnFreeCrypto2024 #BinanceTurns7 #MarketDownturn #Write2Earn #DODOEmpowerMemeIssuance

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