BTC/USDT on a 30-minute timeframe from Binance. The price is currently at $96,605., and the chart suggests a potential reversal from the highlighted support zone (green area).
Key observations: - A descending triangle pattern is visible. - The price is testing the support zone, which has previously acted as a demand area. - A breakout from the trendline could trigger an upward move towards $100,000+.
BTC is forming a falling wedge and sitting on strong support. A breakout could push it past key resistance levels. Keep an eye on this move! $BTC #BTCNextATH
The chart suggests a potential breakout above the highlighted resistance zone around 0.00001350. The price has been consolidating below this level, and the analysis implies that if it breaks above, an upward move toward 0.00001600 or higher could follow.
The green zone represents a resistance area that could turn into support upon a breakout. If the breakout fails, PEPE might retest lower support levels around 0.00001200.
BTC/USDT 1D CHART UPDATE Descending Channel Breakout: The price recently broke out of a descending channel (yellow zone), indicating a bullish move. Entry & Stop-Loss: The entry is near $102,034, with a stop-loss around $96,594. Target Price: The target is around $124,316, suggesting a bullish bias. Risk-Reward Ratio: The setup seems to have a favorable risk-reward, indicating confidence in an upward trend.
SUSDT breakout confirmed! A strong reversal after breaking the downtrend and reclaiming resistance as support. ๐ Targeting $0.89 with tight risk management. #CryptoTrading #USDT #BreakoutTrading #Altcoins"
Price has broken out of the descending channel. Potential for a strong upward move if momentum sustains. ๐ Watch closely for further confirmation. #bnb $BNB #Crypto #BNB #TradingView @DLXTRADE
SUSDT breakout confirmed! A strong reversal after breaking the downtrend and reclaiming resistance as support. ๐ Targeting $0.89 with tight risk management. #CryptoTrading #USDT #BreakoutTrading #Altcoins"