Yesterday's #Bitcoin dump left a CME gap at 29500. Will be c | Wise Analyze on Binance Square

Trending Articles

Bookmarked and Liked

--

Yesterday's #Bitcoin dump left a CME gap at 29500. Will be closed sooner or later. Below there is still a gap at 20145
#BTC  #CME 

0 people tipped the creator.

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

BTC

100,812.01

+3.03%

663

0

Replies 0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@Wise_Analyze

Explore More From Creator

$SOL trying to grow above developing Year VAH2. Nearest strong resistance at ~235. Either SOL get rejected there or pump through. If rejected, pullback to same dev Year VAH2 still can be a bullish re-test. But keep in mind that on lower TF #Solana is drawing lower highs and lower lows since November 22nd. So this re-test of 235 is pretty important. Rejection will form another lower high and push price lower to 180-200

--

📉 Bitcoin Daily 📈 $BTC bounced to 98500, so haven't fully accomplished my yesterday's forecast, but seems to be on the way there. There can be a dip before up-move - if manage to stay above ~96500, next will be ~99k. Opposite, if get stuck under Daily 20sma, chances for dip to take price lower to developing quarter VAH will be higher. Above conditions doesn't regulate the sequence of moves. If first pump and then drop back and stuck under D20sma, that will only increase the chances for dev Q VAH re-test. If dip first and bounce from that dynamic SR, then chances for bounce to 99k also increase. So I'm simply marking out the range for nearest price action. Nearest liquidity pools: above - 98636 / 99367 / 100100 / 101318 below - 96442 / 95300 / 94166 / 93355 Lines on #Bitcoin chart: 🔸104630 - ATH 🔸101200 - week close 🔸99660 - November high 🔸97265 - week close 🔸96475 - November close 🔸93596 - developing Q VAH 🔸90200 - dump low 🔸88867 - developing Year VAH2 🔸77200-80260 - CME Futures gap

--

$BTC dominance touched that Weekly 20sma. If the whole thing I've described before comes true, that could have been the most tasty point to buy the dips in alts. Obviously USDT prices fully depend on BTC, so growth in alts also depends on BTC being stable or in mild uptrend. Invalidation for that theory is BTC.D trading above weekly 20sma

--

📉 USDT Dominance review 📈 Only one week since last update and look at that blood on the streets as USDT dominance hit 4.28%. Together with $BTC dominance growing that gives a bomb explosion effect. This week candle is still in process of development, so early to base any forecasts on it. But with such volume difference to pre-November PA, most probably will grow higher. So 4.56% is out of doubt and next is 4.97% 🤔

--

On this dump $ETH touched developing Year VAH again. I think that day left wide range for volatility that will push ETH price both to ~3550 and ~3900 at least once again. Can't say about the sequence of those moves. Whatever happens first worth entering in the opposite direction. P.S. Both #Ethereum longs I gave now closed. One made up to 2.8 RR (16.5%) and second up to 5.1 RR (10.4%). Values calculated from the worst (=top) entries. 💡 Note that 10% move in fact made almost double profit of what made the first entry in terms of rewards. That is why percentage doesn't matter (ignore PNL cards). Matters only the size of risk you take. And that is defined by distance to SL

--

Latest News

Aave Protocol Metrics Surpass Historical Highs Despite Token Price Lag

--

Binance Market Update (2024-12-12)

--

Michael Saylor's Bitcoin Message Sparks Community Reaction

--

Cardano ADA Surges Amid Crypto Market Rebound

--

Solana Shows Strong Recovery Amid Crypto Market Volatility

--

Trending Articles

XRP HAVE BULLISH FLAG??

Projections for $USUAL Token Post-Launch: What Could Happen at a $1B+ Market Cap?

Crypto Stunners

SEC Commissioner Caroline Crenshaw committee vote postponed: Report

QUANTUM COMPUTING😱😱💸⁉️ The next big tech frontier, await

How my friend lost 200 usdt

Sachin Singh Solanki

Cookie Preferences

ba-one-trust-cookie