To open long positions, you need to see a confident consolidation above the current maximum of $0.7834. This will give the potential to update the $0.85 mark and further growth.
📍 Fall
For sales it will be necessary to consolidate below the average support zone of $0.6101. Such a scenario--- will most likely lead to a decrease down to the minimum of the structure - $0.5293.
🌟 “Bull Run” is simply a term used to refer to a bull market, and it has nothing to do with rockets or crazy spikes that some people think will happen suddenly and continuously.
📍 How do the markets move? Financial markets, whether stocks, cryptocurrencies, or commodities, always move in three types of waves : - 1️⃣ Bullish waves: This is the period during which the price rises gradually or strongly, and is usually called “Bull Run”. 2️⃣ Corrective waves: These are periods in which the price
📍Jasmy is looking promising! It’s breaking out from a falling wedge structure on the daily timeframe and currently retesting, all while holding strong above the 200MA support level. This could signal a solid upside move—consider buying some here and adding more on any dips.
📍And Now Just Retesting Great , so i Recommended To Buy Some every dip
An inverted head and shoulders pattern appears, which is a reversal pattern that indicates the possibility of an increase in the price.
Update:
• Possible break point : Breaking the resistance area at 89500 may be a signal to confirm the pattern. Model target 94500 Support level: If the breakout fails, the price may return to test support between 86,000 and 85,000.
Note : Monitoring the trading volume at the breakout is important, as increasing volume supports the validity of the model and increases the possibility of an upside.
As we see, Bitcoin adhered to the shown trend, and when it touched it, it quickly rebounded to the top ✅
But it is possible to try to break it again, and if he succeeds in breaking it, he will have levels ahead of him 84500 - 82800
🚫🚫 Please be careful of Future today, especially as we await the release of US inflation data, and it will have a major impact on the movement.