Huge selling pressure!!🔻 Where is the bottom?... | Crypto Hopper on Binance Square

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Huge selling pressure!!🔻Where is the bottom?...

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📢 $EGLD /USDT Market Update 🚀 $EGLD is currently trading around $23.9 and has successfully broken out of a falling wedge pattern on the daily timeframe. This pattern is known for its bullish nature, often leading to a strong upward movement. Based on historical trends, we could see a potential 20-30% pump in the coming days. 📈 🔍 However, for this breakout to stay valid, $EGLD needs to maintain its momentum. If the price retraces and falls back into the pattern, the breakout will be considered a fakeout, signaling uncertainty in the trend. 💡 What’s the most likely scenario? EGLD is showing strong bullish momentum, and if buying pressure continues, we could see further upside movement ✅. The market sentiment remains optimistic, making EGLD a coin to watch closely. 📢 Stay tuned for more updates! 🚀🔥 #cryptouniverseofficial #BinanceSquare #Binance #trading

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🚀 Bitcoin Breakout & Retest: What’s Next? 🔥 Bitcoin has broken out and is now retesting a key level! If this retest is successful and BTC.D moves up, here’s what could happen next: 👇 ✅ Scenario 1: $BTC Retests Successfully & Pumps Higher 🚀 Bitcoin confirms strong support and resumes its bullish trend. $BTC Dominance (BTC.D) rises, meaning more capital flows into Bitcoin. Altcoins may struggle in the short term as traders focus on BTC. New highs possible, attracting more FOMO into the market. 🔄 Scenario 2: $BTC Pumps & Altcoins Lag, Then Catch Up As BTC stabilizes after the pump, capital may rotate into altcoins. ETH/BTC strength would signal an altcoin season approaching. Mid & low-cap alts could see explosive moves once BTC slows down. ⚠️ Scenario 3: BTC Overheats – Temporary Pullback If BTC pumps too fast, it may trigger a correction or fakeout. Short-term altcoins could dump as traders take profits. A healthy retest before further upside remains key for sustainable growth. 🔔 Key Levels to Watch: ✅ BTC holding above retest = Strong bullish confirmation 📈 ✅ BTC.D increasing = Altcoins may struggle short term ⚠️ ✅ ETH/BTC breaking out = Altcoins ready to shine 🚀 🔥 The market is at a crucial moment! Will BTC hold and send it higher? Let’s discuss! 👇 #Bitcoin #BTC #crypto #Altcoin #trading

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$BTC /USDT Market Update: Bitcoin ($BTC /USDT) is forming a classic Inverse Head & Shoulders pattern on the daily timeframe, indicating a potential bullish breakout. 🚀 Breakout Confirmation: A decisive break and close above the neckline could trigger a strong upward move, potentially targeting $115,000+. Volume Matters: A breakout with strong volume would strengthen the bullish case, while a rejection at the neckline may lead to a retest of lower support levels. Key Level to Watch: Wait for a confirmed breakout above the neckline to validate the bullish trend. 📈 #BTC #Binance #trading

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📊 $BTC Price Action Analysis Bitcoin recently showcased classic market behavior shaped by key support and resistance levels. Here's a concise analysis: 🔄 Retest of Supports and Pump 🚀 $BTC rebounded sharply after testing two crucial levels: Horizontal Support Zone: A strong floor where buyers defended the price (🟠). Descending Trendline Support: Provided dynamic support, boosting bullish momentum. This confluence triggered a pump, signaling buyer interest and temporary upward momentum. 📈 📉 Rejection at Resistance BTC faced rejection at the upper horizontal resistance (blue-shaded zone), as wicks (🟠) indicated selling pressure. Breaking this zone will require significant buying strength. ⚔️ 🛑 Consolidation Phase $BTC is now range-bound between key levels: Support Zones: Lower blue-shaded area and intermediate trendline support. Resistance Zone: Upper blue-shaded area remains a major hurdle. 🔮 Future Scenarios 📈 Breakout: Above resistance could spark a rally toward new highs. 📉 Breakdown: Losing support may lead to deeper corrections. ⏸️ Sideways: Consolidation may persist until a decisive move occurs. Disclaimer: This is not financial advice. Conduct your own research. 🛑 #BinanceSquareTalks #Binance #BTC #TradingSignals

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113K maybe 😅😅😅

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