$BTC Resistance at $110,000 (red arrow): The price tested this area but failed to break, indicating selling pressure.
Support at around $90,000 (green arrow): The price bounced off this area previously, indicating strong demand at this level.
Current price: $105,057 with +1.32% upside.
Possible direction: The price seems to be facing strong resistance at $110,000, and we could see a corrective decline towards nearby support areas ($95,000 - $90,000) as indicated by the blue arrow.
Conclusion:
If the price manages to break $110,000 and hold above, it could target higher levels.
If it fails to break, we could see a correction towards $90,000 - $95,000 before any new upside move.
Note: This is not financial advice, but a personal opinion.....$BTC
$BTC $ENA $ETH #FOMO_PLAYERS As soon as the market starts to move in the direction we expect and those who are (still) not positioned, FOMO always arises. When the pressure becomes too great, the first investors give in and enter, even though their rules have not confirmed an entry signal yet. These investors are guided by their emotions (namely the emotion of fear). They make impulsive decisions that they usually regret later.
The most common observation is late entries in upward movements. Traders chase the movement and often buy a coin near its peak. They literally want to be involved at any cost and even disregard their own rules for it. Unfortunately, in the end, they are punished doubly: on one hand, the trade leads to a loss; on the other hand, the frustration about their own behavior afterwards is very painful. Phrases like 'I should have known better' are then uttered.
Why would you want just a piece of the cake when you can have the whole bakery ;)
Perfect! Go in at 0.8500 with €2700 in Spot then. 👍 Thank you!
Tommie Trading Signal
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Bullish
#Binance "These three coins have the potential to perform well tomorrow." Now, Do not buy these, when down price buy these $ENA now price $0.9386 ENA Down price/entry price $0.8600-0.8400
$ORCA Now price $3.731 ORCA Down price/entry price $3.20-3.10
$VOXEL Now price 0.149 VOXEL down price/entry price $0.1320-0.1280
This was also said in November and nothing happened...
Hmgr83
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$BTC $SOL Sooner or later BTC has to move down to the zone area (75000 and 89000)again before the big bullish wave so take care ,I am outside of the market now ,because we now at the end of wave number 3 it called rest resistance price wave ,to 2 zone 102000$ and 108000$ .so next Monday the Bitcoin may be down to 75000$ again if failed to breakthrough, and it is natural in the money system. good luck