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DaNu TRADING
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#BTC 執行 BERISH RISNG WEDGE 保持交易以獲得您的其他確認 #ScamRiskWarning #BinanceLaunchpool #bitcoin #DaNuTRADING

#BTC 執行 BERISH RISNG WEDGE 保持交易以獲得您的其他確認

#ScamRiskWarning #BinanceLaunchpool #bitcoin #DaNuTRADING

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Tomorrow you wake up #BTC reached 100000$BTC what do you do🥸🥸🥸 #CryptoWatchMay2024
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I show you guys tow scenarios of #BTC WHAT DO YOU THINK ARE YOU BULISH OR BERISH #BlackRock #ScamRickWarning #CryptoWatchMay2024
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🇺🇸 SUMMARY OF FED CHAIR POWELL'S STATEMENT (5/1/24): 1. Inflation has eased but remains too high 2. Further progress on inflation is not assured and path is uncertain 3. Inflation data this year has been higher than expected 4. Rate cuts not appropriate until "greater confidence" over inflation 5. Balance sheet reduction to be lowered by $35 billion per month 6. Rate cuts are likely to take longer than expected #BTC‬ #ScamRiskWarning #BullorBear
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Keep bringing the fire with your hustle, friends! Let's start with the 1-hour TF: Price reversal happened in the best traditions of technical analysis: an "Ascending (Bearish) Wedge" paired with a Three Drives Pattern" (rising highs), further reinforced by RSI Divergence - a strong reversal setup that's hard to ignore. • The correction has begun, with the first wave of decline already bringing about -6% in just a few hours. A short-term bounce is possible from here (aiming for a retest of EMA200 from below), after which the downtrend may resume. → The key near-term targets on the downside are around $2800-3000 s, where buyer reaction will be crucial. Now, moving on to the 4-hour TF: • The Parallel Bullish channel I mentioned in the last analysis remains relevant. The recent upswing tested the EMA200 from below (on the 4-hour chart), triggering seller activity. If the Big Player decides to gather liquidity below the local minimum (around $2800), a deeper decline down to the channel's lower boundary (around $2600) could be in the cards. → In the medium-term perspective, the potential accumulation range is $2550-27502, with a drop below this level currently having very low odds. ! Regarding the current situation: It's still riskyto buy (especially on margin). So, the downtrend may continue in the near future. However, it's worth focusing on Longs for the medium term. A drop in Ether below $2500 is unlikely. • I'll keep holding a small portion of Long positions acquired at the bottom, in case of an early reversal. For now I'm preparing for a further correction. #Megadrop #BinanceLaunchpool #bitcoinhalving #BullorBear #Token2049
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→ At the möment, BTC has already dropped to around $64500, but this may not be the end of the fall. There're bullish signals on the lower TF - the decline may continue after a small short-term rebound. All of our Long positions were closed at the right time, locking in profits d almost at the highs, right before the reversal started. I congratulate you on that! Maybe someone listened to the last post and managed to enter Shorts at the top? I stick to the outlined scenario and prepare for further decline to gather local liquidity from below. There're no reasons to reconsider the situation yet, I continue to monitor it! #BinanceLaunchpool #bitcoinhalving #Megadrop
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