$BTC I,m going Long, I saw a potential someone is fighting to move up the price at support level @63573 .. I hope it will respect the support.. But the third one it drops again in this support level I'm going to short instead down to the next support area @58152 . Then a quick reversal for bullish is coming...
$BTC I,m going Long, I saw a potential someone is fighting to move up the price at support level @63573 .. I hope it will respect the support.. But the third one it drops again in this support level I'm going to short instead down to the next support area @58152 . Then a quick reversal for bullish is coming...
$BTC I,m going Long, I saw a potential someone is fighting to move up the price at support level @63573 .. I hope it will respect the support.. But the third one it drops again in this support level I'm going to short instead down to the next support area @58152 . Then a quick reversal for bullish is coming...
$TRX Take note guys of this closest scenario that might happen... There is an strong OB at the resistance level .13938 and strong bullish OB at support level .13623.. if succesfully breakdown it will make continues rally.. add weighted volume profile in your confluence and RSI for momentum..goodluck guys..
Analyzing the recent movements in the TRX/USDT pair on Binance, here’s a quick breakdown of my current strategy. Based on the chart:
Support and Resistance: Key resistance at 0.13940 USDT and support around 0.13224 USDT. Trend Lines: Green trend lines highlight major trend directions. Watching these closely for potential reversals. Fibonacci Levels: The Fibonacci retracement levels provide crucial support and resistance points. RSI Indicator: The RSI is at 17.72, indicating the asset is currently oversold and may present a buying opportunity. Moving Averages: The chart includes 5-period (yellow) and 10-period (purple) moving averages for short-term trend analysis. Key Levels to Watch:
Resistance at 0.13940 USDT Support at 0.13224 USDT Given the current oversold conditions, a potential bounce back might be on the horizon. Stay vigilant for any signs of trend reversals!$TRX #TRXUpdate
BTC/USDT Update ( Key Level to Watch) I' m anticipating a breakout soon!!!
I've been closely monitoring the BTC/USDT pair on Binance, and here’s a quick update on my current strategy. As you can see from the chart:
1. Trend Lines: I've drawn some key trend lines to identify support and resistance levels. The red line is a critical support trend line while the blue line indicates resistance. 2. Moving Averages: The chart includes 5-period (yellow) and 10-period (purple) moving averages which help in identifying short-term trends. 3. RSI Indicator: The Relative Strength Index (RSI) is at 50.8, indicating a neutral market without clear overbought or oversold conditions. 4. Volume: Notable spikes in volume can be seen which may indicate upcoming price movements.
Key Levels to Watch: - Resistance at 66,800 USDT - Support at 65,254.5 USDT
I'm anticipating a potential breakout soon. Keep an eye on these levels and adjust your trades accordingly $BTC #btcupdates
$TRX Take note guys of this closest scenario that might happen... There is an strong OB at the resistance level .13938 and strong bullish OB at support level .13623.. if succesfully breakdown it will make continues rally.. add weighted volume profile in your confluence and RSI for momentum..goodluck guys..
The ICT AMD (Accumulation, Manipulation, Distribution) Cycle is a trading concept that explains market behavior. During the **Accumulation** phase, the market ranges as institutions gather positions. The **Manipulation** phase sees a sharp price move to induce traders to follow the trend. Finally, in the **Distribution** phase, institutions offload their positions, often resulting in a market decline. Recognizing these phases can aid traders in predicting market movements and improving their strategies.
Day 1 & 2 of the Bitcoin Conference in Nashville were packed with insightful talks. Michael Saylor of MicroStrategy predicted Bitcoin's value could soar to $49 million per coin in a bullish scenario by 2045. Senator Cynthia Lummis criticized the SEC's regulatory stance and emphasized Bitcoin's role in energy innovation. Presidential candidate Robert Kennedy Jr. proposed designating Bitcoin as a strategic reserve asset for the U.S. Finally, Edward Snowden cautioned against political engagements in crypto, urging independent judgment.