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#BITCOIN WEEKLY TF UPDATE📉📈📊 : #BITCOIN on Weekly TF, did gave a very shallow closing below the support and quickly moved up with the momentum, making an engulfing candle and breaking the resistance too. Weekly closing above the $66,200 will be considered bullish for next week. #ATH level will be nearby for us, so hope for the best $BTC #CMEBitcoinSpotTrading #notcoin #MemeWatch2024 #ETHETFS #altcoins

#BITCOIN WEEKLY TF UPDATE📉📈📊 :

#BITCOIN on Weekly TF, did gave a very shallow closing below the support and quickly moved up with the momentum, making an engulfing candle and breaking the resistance too. Weekly closing above the $66,200 will be considered bullish for next week. #ATH level will be nearby for us, so hope for the best $BTC #CMEBitcoinSpotTrading #notcoin #MemeWatch2024 #ETHETFS #altcoins

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#marketresearch 📊 The Liveliness metric also captures this change in market character, and indicates that the Bitcoin network is seeing a greater volume of coinday creation than destruction. In other words, the market is now expressing a greater preference for holding coins for longer periods of time, rather than actively distributing coins for a profit. I hope you're learning something 👋 $BTC #Binance55thProject(IO) #BnbAth #StartInvestingInCrypto #ETHETFsApproved #FIT21
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#BTC.D UPDATE : #BTC.D still hovering below the resistance area forming a Head and Shoulder formation. Well, Index kept on trying to break the resistance, which is not a good sign as alts will dump. Eyes on breakout now, as this might be triple top too, and indicating a correction hint. $BTC #Binance55thProject(IO) #BnbAth #StartInvestingInCrypto #ETHETFsApproved #FIT21
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#BTC did attempted to breakout and again closed before turning it into a fakeout now. We have a support at $70,500 which price rejected it and looks like again going for a retest now. A new Higher High is expected very soon, by the end as structure is bullish. $BTC #BnbAth #BinanceLaunchpool #StartInvestingInCrypto #ETHETFsApproved #FIT21
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Here's the Analysis of #VET 📊📉📈: #VET going through the large downtrend channel pattern and make a consolidation range over the support zone of $0.033 - $0.034. Buys looks healthy here but to be sure you can wait for the breakout of the consolidation. $VET #BnbAth #btc70k #StartInvestingInCrypto #ETHETFsApproved #FIT21
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Trading With The Trend? 📈📉 #Trading with the trend, also known as trend following, is a objective in trading plan, that involves taking positions in markets in the same direction as the dominant trend. The idea behind this, is that trends in the market tend to persist and that following the trend can lead to higher profits than attempting to predict market reversals. #Traders who follow this strategy typically use trend analysis #tools, such as moving averages or #trend lines, to identify the direction of the trend and to make decisions about when to enter and exit trades. This can involve taking long positions when the trend is #bullish and short positions when the trend is #bearish. It is #important for traders to have a well-defined #risk management plan in place to mitigate these risks and to have a solid understanding of the #markets in which they are trading. Additionally, traders should be aware that trends can change and be prepared to adjust their positions accordingly. #BnbAth #btc70k #StartInvestingInCrypto #ETHETFsApproved #FIT21
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