$BTC started downtrend 😂 I am also in loss but little bit d | Muhammad Ammar Ahmed on Binance Square

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Muhammad Ammar Ahmed

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Bearish

$BTC started downtrend 😂
I am also in loss but little bit due to proper use of stop loss 🙂
i hope you all are safe

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

BTC

66,092.01

+5.52%

410

0

Replies 5

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$BTC is showing strong upward momentum, with the price currently at $65,810.72 (+5.43%) after a recent low of $62,314.13 and reaching a high of $66,299.93 . Given this bullish move, the short-term outlook could suggest the possibility of a continuation of this trend. However, here are key points to consider for the next move: 1. Resistance Levels: The price has hit a recent high of $66,299.93 . If this level is breached, it could further push higher. However, it could also act as a strong resistance, leading to consolidation or a minor pullback. 2. Support Levels: The last notable low was around $62,314.13, and an even stronger support at $62,050 . If the price falls back, these levels may hold as key supports. 3. Volume: The 24-hour trading volume is relatively high, which suggests strong interest. If volume remains consistent, it could support the upward trend. 4. Order Book: Looking at the buy/sell orders, there seems to be more selling pressure (61%-70% on the sell side). If this persists, the price may struggle to break higher and could correct. Next move scenario: - Bullish scenario: If the price breaks above $66,300 , it could continue its upward trajectory toward the next resistance zone, potentially around $67000 or more. - Bearish scenario: A failure to break resistance could lead to a pullback toward $62,000-$60,000 or more. Note: This isn't a financial advice and neither a strong prediction . Don't trade on behalf of this post .

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How to future trade with 10$,lets see. 1: invest 10%-20% and other 90%-80% will help to reduce liquidation risk. 2: Use take profit 20%-50% and don't try to be oversmart. Never expect you can earn 100$ from 10$ in just 1 trade. 3: Use proper stop loss at 20%-50% which you can afford. 4: Always use just 5X-10X leverage to reduce chance of huge loss. 5: Always trade on your own risk don't follow signals. They are just expecting and they never suggest you to invest. I hope you can understand what i am trying to say. I am also using 5-10x leverage and taking just 20-50% profit and loss daily.

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$BTC sudden pump and dump. Traders with low funding and close liquidation stay away. Will it cross 65k ? or start owntrend again below 61k? Comment

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Alert 🚨 Be Aware of scammers ⚠️ as i mentioned the user named badshah ,( before bullish trader) is a scanmer who fools you and earn free money by giving you all useless signals. And yesterday he posts that btc crash join signal group blah blah . and after every hour or just minutes he is deleting his posts. Don't follow them and don't give them single penny. #scammeralert

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$BTC current price of $62,884.46. Here's a brief analysis based on the information: 1. Current Price: $62,884.46, with a minor negative change of -0.08% in the last 24 hours. 2. 24h Range: The high in the last 24 hours was $63,480, and the low was $62,654.91. 3. Support and Resistance: The chart indicates a recent low of around $58,946 (support) and a high of $63,979 (resistance). 4. Volume: The 24h volume is relatively high, suggesting active trading. Possible Next Move:- Bullish Scenario: If the price holds above $62,500 and breaks through $63,979 , the price could test higher resistance levels, potentially aiming for $66,000 or higher. Bearish Scenario: If the price breaks below $62,500, there may be a retest of $61,337 or even the recent low of $58,946. Be Sure you are trading with enough funds and using proper stop loss. Note: This isn't a financial advice so don't trade on behalf of this post.

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