Bi Analysis

$BTC Listo para 85k

Seller it to exchangers

#MarketUpdate

BTC again retest the (EMA 55), Currently holding above (EMA 55) at Daily TF.

Now BTC bounce back from (EMA 55) and currently, holding above it.

We need maximum 4Hour candle closing above 42k level to pump further more.

Market is volatile nowadays.
Take more entries in spot rather than futures its for your safety.

Keep your eyes on fundamentals. Because nowadays news are important.

40-42k is the major POI area for BTC.
As long as BTC will not break 40k its fine.
We can expect a pump from this level. Keep your eyes on it. 👀

Market is highly volatile.
So, Don't take any wrong trade in FOMO.
Manage to trade level by level

Don't forget to accumulate good projects in Dip.

OP/USDT LONG

Limit Entries: 3.2820 - 3.1402
Take Profit: As per Chart
Stop Loss: 3.0347 (4hr Close Below)

LEVERAGE 5X RECOMMENDED
NEVER USE MORE THAN 5% OF YOUR PORT
TRADING IS GAME OF PATIENCE AND RISK MANAGEMENT

✅ Market is like stand still atm. Nothing happening.

✅ No good will happen even if we enter any trade !!

✅ But still looking for a good set up !! Will update if i find any

Follow To Keep Updated

💎 $BTC UPDATED CHART- We have two scenarios in play

1) We have a big bearish divergence on daily charts but somehow BTC is managing to hold the support.

✅ If the support is lost and divergence comes into play then i expect 32k

2) We hold the support and keep crawling upwards slowly to test the upper resistance trendline while alts enjoy this slow BTC price action.

✅ I think 2nd scenario will most probably play out.

✅ For now untill we are above the support will prefer long and if we break the support then will look for short setups.

BTC chart...

Currently BTC is above the trendline support and tested the demand of 42200$ region we need to maintain the trendline support breaking below can break the demand and lead the price further more downside

Otherwise the maintenance will lead us towards upside again!

So keeps an eyes on 👀

USDT.D update...

Most important for current market ⚠

In 4H we haven't closed any candle above supply

Expecting a drop towards downside

Note : we are dependent on weekly closing and the weekly closing is ahead if we break and close above supply the bias will be invalidate

Otherwise closing below can drop the USDT Dominance

Always remember USDT.D dump BTC Pump and overall market will pump

Not a suitable market.

Dont want position to be lurking whole day, so waiting for one side direction.

Whenever it clears the way, we will sit in the position of the same direction BTC follows.

Wait & HODL are two words which i will say right now!

✅ Meanwhile Altcoins Chart looks tempting 👀

💎 $ETH UPDATE-

✅ No change in bullish biasness despite a correction.

✅ Taking correction as a healthy pullback and retest of previous broken resistance.

✅ 3k still clearly on the cards but the journey might not be straight obviously.

✅ Not financial advice. ⚠️ Be careful market is highly manipulated by whales specially after ETF.

🔥 Stay tuned with us we'll keep you updated!!

📍Market Update!

✅ETF approval has created a positive vibe around the market.

👉But as usual, people started booking profits and price is not able to hold the levels.

📍Entering a random leverage trade at this point is quite risky!

👉Both sides can easily get rekt!

✅So thats why we are showing some patience here and waiting for some confirmation indicators.

✅ Guys will look at this yellow trendline once again to give support.

✅Buy the news sell the event like thing happening with bitcoin after etf approval!!

✅ Lets see how far this red move goes !! Won't short it but wait to go long.

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