#BTC☀ If Btc break uper yellow line will do pump other wise | trade winner on Binance Square

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#BTC☀ If Btc break uper yellow line will do pump other wise dump to 56500

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#ETH Note: Complete analysis in previous post Bearish Entry Points: 1. Breakdown of the Rising Wedge: A rising wedge typically signals a bearish reversal. If the price breaks below the lower trendline of the wedge (around 2,620 USDT), that would be a strong bearish signal. Entering short upon this breakdown would be a good strategy. Entry Price: Below 2,620 USDT after a clear breakdown with confirmation (e.g., volume increasing as price breaks down). 2. Failure to Break Resistance: If the price fails to break above the orange resistance zone (around 2,650 USDT) and shows signs of rejection (e.g., long upper wicks or bearish candlesticks like shooting stars), this could signal a short entry. Entry Price: Around 2,640-2,650 USDT if price shows rejection at the resistance zone. Targets for Bearish Entry: First Target: Around the green support box near 2,580 USDT. Second Target: If the price breaks through the support zone, aim for a lower support level, potentially near 2,550 USDT or further down if the bearish momentum continues. Stop Loss for Bearish Entries: For a wedge breakdown entry, a stop loss can be placed above the 2,630-2,640 USDT range. For a failed resistance entry, a stop lose at 2,660 For bullish entry Key Levels 1. Resistance Zone (Orange Box): This is a potential breakout point. If the price breaks above this zone with strong volume, it could signal a bullish entry. The top of this zone seems to be around 2,650-2,660 USDT 2. Support Zone (Green Box): If the price retraces down to this zone and shows signs of a bounce (strong buying volume or bullish candlestick patterns), it could be a good entry for a long position. This zone appears to be around 2,570-2,580 USDT Entry Points Aggressive Entry (Breakout Strategy): If the price breaks and closes above the resistance zone (around 2,650-2,660 USDT), you could enter long, but make sure to confirm with increasing volume Stop Loss If entering on a breakout stop loss at 2,640 If entering on a support bounce stop lose at2,550 USDT #Dyor2024

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#ETH Analysis: 1. Wedge Formation: A rising wedge, which is typically a bearish reversal pattern. A rising wedge forms when the price moves higher, but the range between the highs and the lows narrows, indicating a potential loss of momentum. If confirmed, this may signal an upcoming downward movement after the wedge is broken downward. 2. Elliott Wave Structure The numbers 1 to 5 shown seem to follow the Elliott Wave Theory. According to this theory, markets move in predictable waves. The first 5-wave pattern (known as the impulse wave) trends in the direction of the overall market trend. Here, wave 3 looks like the strongest upward move, which is typical in Elliott Wave formations Following wave 5, we often see a corrective phase, which could indicate that the price might experience a retracement soon 3. Volume Analysis: The volume spikes near the green rectangle suggest that there is significant buying activity in that area, potentially indicating a support zone As the price approaches resistance (orange box), volume appears to reduce slightly, possibly signaling weakening momentum 4. Support and Resistance Zones: The green box at the bottom likely represents a strong support level where the price bounced previously The orange box at the top appears to represent a resistance level where the price has been struggling to break through 5. Trend Lines: There’s a prominent upward sloping green trendline, indicating an uptrend in place. The red trendline sloping downward could represent a longer-term resistance line Potential Scenarios: If the price breaks below the lower bound of the wedge (along the green line), it could indicate a bearish breakout and suggest a possible downward movement If the price breaks above the resistance zone (orange box), it could lead to further bullish momentum, but it’s important to monitor the volume and how it reacts at key levels Conclusion: The chart shows a cautious situation. A break of either the wedge to the downside or the resistance to the upside will likely determine the next big move for ETH #DYOR

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#sol Note: Complete analysis in previous post For Bearish Entry: 1. Entry Point: Wait for a clear breakdown below the support level of 142.59. Confirmation would be a strong bearish candle closing below this level. 2. Stop-Loss: Place the stop-loss just above the last high of the wedge (around 145.50 or slightly higher to avoid fakeouts). 3. Target: Look for the price to reach the next significant support levels. You can target 135-137 or even lower, depending on the momentum. For Bullish Entry: 1. Entry Point: Enter a long position if the price breaks above 155.62 with strong bullish momentum and volume. 2. Stop-Loss: Set the stop-loss slightly below the previous low or the support level of 142.59, ensuring it covers some wiggle room (around 145.50). 3. Target: You can aim for the next resistance level at 163.60 or higher if the bullish momentum continues. In summary: Bearish entry: Breakdown below 142.59. Bullish entry: Breakout above 155.62. #DYOR

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#SOL The chart shows a rising wedge pattern, which is typically a bearish reversal pattern that forms after an uptrend. In this case, the wedge appears to be part of a five-wave Elliott structure, potentially marking the end of a corrective phase. Key Observations: 1. Rising Wedge: The wedge is marked between points 2 and 4, where the price is moving upwards within converging trendlines. This is often seen before a price drop. 2. Wave Count (Elliott Waves): The wave count (1 to 5) suggests a five-wave structure, which aligns with corrective or impulse moves. If this is part of a corrective pattern, the price may retrace downward after the 5th wave. 3. Support Zone: There’s a strong green support zone below (around 142.59), which price has touched multiple times. This level might act as a key support if the price breaks down from the wedge. 4. Volume: The volume seems to be picking up around the support region, indicating that traders are paying attention to this zone. Analysis: The rising wedge is a warning sign of potential bearish movement. If the price breaks below the wedge (below point 5), it could lead to a decline back to the support zone around 142.59 or even lower. However, if the price breaks the resistance above (above 155.62), it could invalidate the bearish pattern and continue an uptrend. Possible Scenarios: Bearish: A breakdown below the wedge would target the support zone near 142-143. Bullish: If the price sustains above 155.62, the next target might be the 163.60 resistance level shown on the chart. #DYOR

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#BTC☀ Note:complete analysis in previous post Based on the chart analysis, the entry price will depend on your trading strategy and risk tolerance: 1. Short Entry (Bearish): If you're looking to short the market (betting on a price decline), you would wait for confirmation of the breakdown below the wedge’s lower trendline. A good short entry would be: Entry price: Around 64,800 - 64,500 USDT (once the price breaks below the wedge support with high volume). Stop-loss: Set above the recent high around 65,500 - 65,700 USDT, to protect against a false breakout. Take profit: Consider a target around the support level at 63,150 USDT or lower depending on how strong the breakdown is. 2. Long Entry (Bullish): If you are looking for a long entry (betting on a price rise), you should wait for the price to break above the resistance at 65,200 USDT with strong volume. The wedge pattern will be invalidated in this scenario. A good long entry would be: Entry price: Around 65,300 - 65,500 USDT (once the price breaks and holds above the resistance with solid volume). Stop-loss: Set below 64,800 USDT, to protect against a false breakout or a retest of lower levels. Take profit: First target around 66,000 USDT or higher depending on momentum. Note: For confirmation of a valid entry (both long or short), you should wait for high trading volume to support the breakout (upside) or breakdown (downside). Always ensure to set stop-losses to manage risk effectively. #DYOR

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