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BTC is currently at its major resistance, while it's attempting to break out from it. If the NFP data is positive for BTC, this could trigger BTC to seek a new ATH today. However, if not, we anticipate further correction.
If you're opening positions before the news, anticipate high volatility, adjust with good risk management, and use STOP LOSS.
Good luck, stay safe!
This is not financial advice.
If you're opening positions before the news, anticipate high volatility, adjust with good risk management, and use STOP LOSS.
Good luck, stay safe!
This is not financial advice.
$CFX Long limit ideas!!
CFX/USDT Long Limit Ideas
In the 4-hour resistance trendline, CFX has successfully broken out, confirmed by the 15-minute timeframe showing a BMS (Break market structure) again. This is further supported by liquidity taken. Let's try to take a fresh order block that has not been mitigated.
Be mindful of your risks when following someone else's analysis!
#Dyor2024
#longpositions
CFX/USDT Long Limit Ideas
In the 4-hour resistance trendline, CFX has successfully broken out, confirmed by the 15-minute timeframe showing a BMS (Break market structure) again. This is further supported by liquidity taken. Let's try to take a fresh order block that has not been mitigated.
Be mindful of your risks when following someone else's analysis!
#Dyor2024
#longpositions
$BTC Updates!!
The closing 4-hour candle for $BTC is a good confirmation of closing above the 70,750 resistance level (gray block).
However, we still need to pay attention to the Major Resistance (red line) as the market has often reacted with rejection at this trendline.
In My Opinion, $BTC will remain above the 70,750 area but will not break out yet. A breakout is likely to occur during the upcoming NFP news release.
NOT FINANCIAL ADVICE.
#BTC☀
#Dyor2024
The closing 4-hour candle for $BTC is a good confirmation of closing above the 70,750 resistance level (gray block).
However, we still need to pay attention to the Major Resistance (red line) as the market has often reacted with rejection at this trendline.
In My Opinion, $BTC will remain above the 70,750 area but will not break out yet. A breakout is likely to occur during the upcoming NFP news release.
NOT FINANCIAL ADVICE.
#BTC☀
#Dyor2024
$CHZ LONG limit ideas
CHZ USDT is exhibiting bullish momentum on both hourly and daily timeframes. Currently, it's forming a falling wedge pattern, which is a continuation pattern indicating a potential continuation of the upward trend. This bullish outlook is further supported by the recent breakout of a resistance trendline. This presents an opportunity to buy on a retest, entering a long position.
Disclaimer:
This analysis is for informational purposes only and should not be considered financial advice. Please conduct your own research and due diligence before making any trading decisions.
#CHZUSDT
#longpositions
CHZ USDT is exhibiting bullish momentum on both hourly and daily timeframes. Currently, it's forming a falling wedge pattern, which is a continuation pattern indicating a potential continuation of the upward trend. This bullish outlook is further supported by the recent breakout of a resistance trendline. This presents an opportunity to buy on a retest, entering a long position.
Disclaimer:
This analysis is for informational purposes only and should not be considered financial advice. Please conduct your own research and due diligence before making any trading decisions.
#CHZUSDT
#longpositions
$BTC Long limit plan
BTC has successfully maintained its support (4H Demand) and formed a CHoCH / MSS. Currently, we will take the opportunity to enter a long position.
Bitcoin (BTC) has shown resilience by holding its 4-hour demand zone, which indicates strong buyer interest at this level. The formation of a Change of Character (CHoCH) or Market Structure Shift (MSS) further reinforces the potential for an upward move. This shift suggests a transition from a bearish to a bullish trend, making it an opportune moment for traders to consider entering a long position.
Analyzing the technical indicators, the sustained support and subsequent bullish signal (CHoCH/MSS) suggest that the market sentiment is turning positive. This change often marks the end of a downtrend and the beginning of an uptrend, providing a favorable risk-to-reward ratio for buyers. Traders should look for confirmation through additional indicators such as volume increase, bullish candlestick patterns, or further price action validation to enhance the probability of a successful trade.
In conclusion, BTC's ability to hold its support level and form a CHoCH/MSS presents a strategic entry point for a long position. As always, it is essential to implement proper risk management strategies and stay updated with market developments to maximize potential gains while minimizing risks.
NOT FINANCIAL ADVICE
#Megadrop
#LongTermStrategy
#BTC☀
BTC has successfully maintained its support (4H Demand) and formed a CHoCH / MSS. Currently, we will take the opportunity to enter a long position.
Bitcoin (BTC) has shown resilience by holding its 4-hour demand zone, which indicates strong buyer interest at this level. The formation of a Change of Character (CHoCH) or Market Structure Shift (MSS) further reinforces the potential for an upward move. This shift suggests a transition from a bearish to a bullish trend, making it an opportune moment for traders to consider entering a long position.
Analyzing the technical indicators, the sustained support and subsequent bullish signal (CHoCH/MSS) suggest that the market sentiment is turning positive. This change often marks the end of a downtrend and the beginning of an uptrend, providing a favorable risk-to-reward ratio for buyers. Traders should look for confirmation through additional indicators such as volume increase, bullish candlestick patterns, or further price action validation to enhance the probability of a successful trade.
In conclusion, BTC's ability to hold its support level and form a CHoCH/MSS presents a strategic entry point for a long position. As always, it is essential to implement proper risk management strategies and stay updated with market developments to maximize potential gains while minimizing risks.
NOT FINANCIAL ADVICE
#Megadrop
#LongTermStrategy
#BTC☀
$BTC Outlook!
Short-Term (2024):
Predictions for the end of 2024 suggest that$BTC could see significant growth. The average forecast is around $87,000, with some estimates ranging from $80,000 to $250,000 (Benzinga) (CoinGecko). This range reflects the inherent uncertainties and varying market conditions that could impact Bitcoin's price.
Medium-Term (2025):
By 2025, analysts are generally bullish on Bitcoin. Estimates for 2025 vary, but many expect the price to be between $110,000 and $142,000 (Benzinga) (Home). Factors contributing to this optimism include the potential approval of spot BTC ETFs and the effects of Bitcoin's halving events, which historically have boosted prices.
Long-Term (2030):
Long-term predictions are even more varied. Some analysts believe Bitcoin could reach as high as $250,000 to $312,000 by 2030 (Benzinga) (Home). These predictions are based on increased adoption, institutional investment, and further integration into the financial system.
Extreme Long-Term (2050):
Looking even further ahead, predictions become highly speculative. Some forecasts suggest Bitcoin could reach multi-million dollar levels, with estimates ranging from $4.6 million to over $10 million per Bitcoin (Benzinga) (Home). These projections consider factors like technological advancements, environmental impacts, and geopolitical events.
#Megadrop
#BTC☀
#BullRunAhead
Short-Term (2024):
Predictions for the end of 2024 suggest that$BTC could see significant growth. The average forecast is around $87,000, with some estimates ranging from $80,000 to $250,000 (Benzinga) (CoinGecko). This range reflects the inherent uncertainties and varying market conditions that could impact Bitcoin's price.
Medium-Term (2025):
By 2025, analysts are generally bullish on Bitcoin. Estimates for 2025 vary, but many expect the price to be between $110,000 and $142,000 (Benzinga) (Home). Factors contributing to this optimism include the potential approval of spot BTC ETFs and the effects of Bitcoin's halving events, which historically have boosted prices.
Long-Term (2030):
Long-term predictions are even more varied. Some analysts believe Bitcoin could reach as high as $250,000 to $312,000 by 2030 (Benzinga) (Home). These predictions are based on increased adoption, institutional investment, and further integration into the financial system.
Extreme Long-Term (2050):
Looking even further ahead, predictions become highly speculative. Some forecasts suggest Bitcoin could reach multi-million dollar levels, with estimates ranging from $4.6 million to over $10 million per Bitcoin (Benzinga) (Home). These projections consider factors like technological advancements, environmental impacts, and geopolitical events.
#Megadrop
#BTC☀
#BullRunAhead
$XRP Ideas!!
Long limit ideas
SL : 0.5080 (1.36%)
E : 0.5151
TP 1 : 0.5234
TP 2 : 0.5318
TP 3 : 0.5409
Reason:
1. The 2-hour demand level hasn't been broken down yet.
2. On the 30-minute timeframe, a Market Structure Shift (MSS) is forming, indicating a potential price reversal.
Note:
BTC is currently at resistance. If it gets rejected, there's a chance the entry could be hit. However, if BTC breaks out above 69,500, it's likely that the XRP entry will not be triggered.
NOT FINANCIAL ADVICE
#Dyor2024
#longpositions
#XRPGoal
Long limit ideas
SL : 0.5080 (1.36%)
E : 0.5151
TP 1 : 0.5234
TP 2 : 0.5318
TP 3 : 0.5409
Reason:
1. The 2-hour demand level hasn't been broken down yet.
2. On the 30-minute timeframe, a Market Structure Shift (MSS) is forming, indicating a potential price reversal.
Note:
BTC is currently at resistance. If it gets rejected, there's a chance the entry could be hit. However, if BTC breaks out above 69,500, it's likely that the XRP entry will not be triggered.
NOT FINANCIAL ADVICE
#Dyor2024
#longpositions
#XRPGoal
$BTC Update!!
Buyers have entered the market during the Asian session.
Soon, the London pre-opening session will begin, followed by the US session later tonight.
Be cautious of volatility during the US session, as the market has been closed for the past two days.
Currently, there is a testing process against the resistance trendline.
A breakout or rejection will be determined soon.
#btcupdates2024
Buyers have entered the market during the Asian session.
Soon, the London pre-opening session will begin, followed by the US session later tonight.
Be cautious of volatility during the US session, as the market has been closed for the past two days.
Currently, there is a testing process against the resistance trendline.
A breakout or rejection will be determined soon.
#btcupdates2024
$BOME
BUY STOP Ideas
SL : 0.012690
ENTRY : 0.013380
TP 1 : 0.01391
TP 2 : 0.014549
TP 3 : 0.015250
TP MAX : 0.015976
NOT FINANCIAL ADVICE
#Dyor2024
#BOMEUpdate
#longpositions
BUY STOP Ideas
SL : 0.012690
ENTRY : 0.013380
TP 1 : 0.01391
TP 2 : 0.014549
TP 3 : 0.015250
TP MAX : 0.015976
NOT FINANCIAL ADVICE
#Dyor2024
#BOMEUpdate
#longpositions