We Gives Already Warning to Everyone About this ! I Hope Everyone safe - Now $BTC Will Go to 2nd Supporting Zone Which is on 86K$ & third Supporting Area for $BTC is 75K$ - Stay Avoid from these Trades till this weekends
Bullish breakout from Ascending Triangle, above $2.00 key level, signaled resumption of Uptrend. Price also broke above $2.50 to signal continuation of uptrend, with +20% upside potential to $3.00 or even $3.40 next.
Bitcoin (BTC) Market Analysis: A Strategic Overview
Bitcoin (BTC) Market Analysis: A Strategic Overview
Bitcoin, the pioneer cryptocurrency, continues to showcase its volatility as it trades at $96,000, inching closer to the highly anticipated $100,000 mark. With its all-time high (ATH) set at $99,588, market participants are watching closely to see if BTC can break this psychological barrier or if sellers will dominate the scene once again.
Market Outlook: A Tug of War Between Buyers and Sellers
BTC Current Price: $96,000 All-Time High (ATH): $99,588 Market Target: $100,000 (yet to be reached)
Market Dynamics
Buyers' Sentiment:
Currently, buyers are showing interest, keeping BTC on a strong trendline. This optimism suggests they are actively purchasing, especially as the price hovers above the trendline.
Sellers' Strategy:
In my opinion, sellers are positioning themselves for a significant move to po
$BTC Current Price: $96,000 All-Time High (ATH): $99,588 Market Target: $100,000 (yet to be reached)
Market Dynamics
Buyers' Sentiment:
Currently, buyers are showing interest, keeping #BTC on a strong trendline. This optimism suggests they are actively purchasing, especially as the price hovers above the trendline.
Sellers' Strategy:
In my opinion, sellers are positioning themselves for a significant move to potentially crash the market again. This ongoing battle between buyers and sellers creates an exciting yet volatile market scenario.
#Bitcoin is currently holding its trendline, making it appealing to buyers. However, this same trendline might serve as a trap, with sellers potentially pulling prices lower again.
$BTC appears weak at the moment. Sellers might capitalize on this weakness, leading to a market correction.
Haxno's Trading Plan
Strategy: SHORT Stop-Loss: Place your stop-loss at $101,500 to manage risk. Reason: BTC's weak momentum and potential for a bearish move suggest better opportunities on the downside. Profit Potential: Significant profits could await as #BTC nears lower support levels.
⚠️ Disclaimer:
This is not financial advice. The analysis shared here reflects market observations and trends. Always conduct your own research and trade responsibly. Investments carry risk; only invest what you can afford to lose.
Price is in an Uptrend and has finally broke above $600-$620 resistance where it's got rejected several times in recent months. This could signal uptrend resumption to the next resistance of $720 for a +20% potential gain. It's now retesting that breakout level. Stop Loss at $547. (set a price alert).
Pattern: Resistance Breakout. Once a price breaks above a resistance zone, it signals that buyers have absorbed all the supply from sellers at this level and price can resume it's advance. Following a resistance breakout, the next closest resistance zone becomes a price target.
Trend: Short-term trend is Strong Up, Medium-term trend is Strong Up, Long-term trend is Strong Up.
Momentum: Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance: Nearest Support Zone is $500.00, then $450.00. Nearest Resistance Zone is $720.00.
Pattern: Breakout from Falling Wedge confirms a bullish reversal . Price pulled back to key support at $6.00 and is holding above the 200-day moving average (~$6.16).
Entry Zone: Buy between $6.00–$6.16 (if support holds). Target Levels:
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$HBAR Trade setup : 🚨
Bullish breakout from Sideways Channel signaled resumption of Uptrend and has rallied to $0.18 for +150% gain. Price was very overbought (RSI > 80), hence, we could see a pullback on some profit taking
Resistance Zone: $3900–$4100 Support Zones: $2850–$2930 (major), $2620, $2100 Trade Setup: Break, test, and re-break of the $3550 key level could push ETH to revisit $3900–$4000. Short-Term Stop Loss: $3470
🚨 🚨 $FIL Trade setup 🚨🚨 : Price had a bullish breakout from Sideways Channel and is approaching $6.50 resistance. Now we look for the right entry opportunity in Uptrend. We wait for price to either 1) break above $6.50 to signal continuation of uptrend, with +23% upside potential to $8.00 next, or 2) pull back to $4.00 support and 200-day Moving Average. Stop Loss at $3.76
Bullish breakout from Sideways Channel signaled resumption of Uptrend and has rallied to $0.18 for +150% gain. Price was very overbought (RSI > 80), hence, we could see a pullback on some profit taking
$DOGE price of $0.39700036 is down -1.76% in the last 24 hours and up 5.16% in the last 7 days. Price is down -45.73% from ATH of $0.731578 from May 8, 2021, and down 9.51% from 52-week high of $0.43870196. Short-term trend is Strong Up while Medium-term trend is Strong Up and Long-term trend is Strong Up. Near-term momentum is Bearish based on MACD Signal Line crossover and Bullish based on RSI-14 center line crossover (RSI > 50). Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70)