BTC Monthly Chart Analysis – 2 Fair Value Gaps (FVG) with Key Points
📌 FVG #1 – Upper Monthly FVG (Mid Support Zone) According to Chart Points: This FVG was formed after a strong bullish impulse Price has not been properly tested in this zone After rejection, BTC is trading above this area Technical Points: 📍 This zone can become a short-term monthly support 📍 If the price consolidates here, the next bullish leg is possible 📍 The formation of long wicks within this FVG will indicate the presence of buyers Trading Insight: ✔️ For bullish continuation → It is essential for the monthly close to remain above this FVG
$RIVER Level Type Price (USDT) Importance / Description Major Resistance 17.80 This is the recent highest level; as long as the price stays below this, the trend will remain bearish. Immediate Resistance 15.44 If the price goes above here, your "Downfall" estimate may prove to be incorrect. Current Support 11.36 The price is approaching this level. If the candle closes below it, a rapid decline will occur.
A trader reportedly shorted $RIVER at $10, leading to an unrealized loss of $17,000. 📉 This scenario highlights the significant volatility inherent in cryptocurrency markets. Following a recent minor correction in $RIVER's price, the individual is now reportedly predicting a further decline to $1. Such aggressive forecasts often emerge during periods of market fluctuation. However, it's crucial for traders to prioritize risk management. A strong upward move, even a single green candle, could swiftly lead to the liquidation of short positions. Always trade responsibly. 🛡️
Price hit HTF supply, wicked up, got fully rejected trap complete, momentum turned south HARD. Liq pool below is wide open this looks like a smooth, powerful fade!
Strong structure, high reward potential. Trust the levels this one feels solid.
$AGLD is a scam as it charged huge funding fee for trading and drains your wallet so please avoid trading such pair as this scam changes funding fee every 4 hrs and charged me of $20 fee in just one and half day.