👉 Follow for daily analysis! If you want me to analyze other crypto tokens, feel free to comment below! ⬇️
🔍 My Study:
1️⃣ Currently created a Minor Support
2️⃣ If you notice, the market is trying to bend itself 📉. Max downside I’m looking at is the Support-Resistance Interchange marked at the bottom.
3️⃣ After creating a minor support with near equal lows, the market is trying to push up 📈. 2 Key Levels that I think will matter in this rally are marked.
4️⃣ I have marked the curved Support & Resistance , which are also crucial.
5️⃣ My view: It will be range-bound between the curved Support & Resistance until it reaches $72K .
3️⃣ Price should sweep liquidity at those levels and form a Bullish Engulfing . Intraday timeframes should confirm bearish weakness (Sellers losing interest).
4️⃣ Most likely reversal pattern – Double Bottom leading to a big move 🚀.
💬 Comment below your queries, and I’ll solve them! ⬇️
3️⃣ Price should sweep liquidity at those levels and form a Bullish Engulfing . Intraday timeframes should confirm bearish weakness (Sellers losing interest).
4️⃣ Most likely reversal pattern – Double Bottom leading to a big move 🚀.
💬 Comment below your queries, and I’ll solve them! ⬇️
1️⃣ The market is in a Rising Parallel Channel 📈. Currently, it’s crossing the Trending Support 📉.
2️⃣ Price is in Bearish Momentum, eyeing $1450 🛑, which supports my view of $BTC hitting $72K before a serious bounce.
3️⃣ Since price went above the Rising Channel ($4105) before correcting, it’s likely to reach $1450—slightly below the Channel’s Support (Low) 📊. This could trap bears shorting at that level .
👉 Follow for daily analysis! If you want me to analyze other crypto tokens, feel free to comment below! ⬇️
🔍 My Study:
1️⃣ Currently created a Minor Support
2️⃣ If you notice, the market is trying to bend itself 📉. Max downside I’m looking at is the Support-Resistance Interchange marked at the bottom.
3️⃣ After creating a minor support with near equal lows, the market is trying to push up 📈. 2 Key Levels that I think will matter in this rally are marked.
4️⃣ I have marked the curved Support & Resistance , which are also crucial.
5️⃣ My view: It will be range-bound between the curved Support & Resistance until it reaches $72K .
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