#Btc is trying to break the resistance area.Price is contin | CRYPTO PALACE på Binance Square

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#Btc is trying to break the resistance area.Price is continuously testing the resistance but unable to go above it.A break above the resistance will send us toward $17,900-$18,200 local resistance area.The support level remains the same.
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#bitcoin☀️ is currently consolidating above its support level, indicating potential sideways movement. Let's keep an eye on the price action over the next 2-3 days $BTC

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📈 Crypto Highlights from the Past 12 Hours: - Bitcoin ($BTC) maintains a position above $46,000, edging towards $47,000. - Ethereum ($ETH) sees positive momentum influenced by Ark ETF, sustaining above $2,400 and nearing $2,500. - Fidelity and Blackrock Bitcoin ETFs outperforming any ETF in the past 30 years. - SEC faces criticism from Republican Senators regarding its handling of the Debt Box case. - Over 50% of institutional traders, according to JPMorgan, have no plans to engage in cryptocurrency trading. - Binance issues a report on Bitcoin ordinals. - Solana initiates the first snapshot and reveals details about Solana Saga Phone 2.0 rewards. - SEC provides additional information on the X/Twitter account hack; responsible party remains undisclosed. - Worldcoin's orbs to play a role in verifying eSports players.

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The price of $SOL is presently shaping a symmetrical triangle, poised for a potential breakout. The direction of this breakout will dictate the subsequent market movement. It is recommended to await the breakout before considering new positions. Support is sustained within the $85-$87 range, while the resistance levels post-breakout are identified at $114-$116. #Solana-SOL #TradeNTell

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#Bitcoin has consistently faced rejection within the resistance zone, struggling to sustain a position above it. Currently, #BTC is trading laterally with a diminishing trading volume. A decisive breakout, either upward or downward, from this trading range is imminent. It is strongly advised to be prepared for a significant movement and to implement stop-loss measures in all trades. #TradeNTell

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