Bitcoin Touches $49,000 – A Strategic Buy Point?**
Link to previous sell trade
Bitcoin $BTC has recently seen a significant low at **$49,000**, marking a potential entry point for those watching the market closely. After this dip, Bitcoin has rebounded to around $55,145.80, suggesting that the $49,000 level could serve as a strong support in the medium term.
This low could present a good buying opportunity, especially for those who believe in Bitcoin’s long-term potential. While the $73,000 resistance level remains a major hurdle, the recent bounce off $49,000 may indicate that a recovery is underway. We currently have a double bottom retesting of this low and this could be a good buying opportunity.#MarketDownturn ?
However, it's crucial to stay vigilant, as market dynamics can change rapidly due to external factors like regulatory developments and economic shifts. Is this the dip before the next surge? Time will tell. $BTC #Bitcoin #Crypto #BinanceTurns7
The $72,000 resistance level for Bitcoin has emerged as a significant psychological and technical barrier for traders and investors within the cryptocurrency market. This level of resistance is important for several reasons, influencing both short-term price movements and longer-term market sentiment.
Despite the high trading volume and sustained interest in Bitcoin, indicators suggest that we are navigating through an ultimately bearish market. The persistent high activity levels reflect significant engagement from traders and investors, aiming to capitalize on volatility and potential short-term gains. However, the underlying trend points towards bearish sentiment, with the market's inability to break through key resistance levels, such as the formidable $72,000 mark for Bitcoin, serving as a stark reminder.
This scenario is often characterized by a cautious or pessimistic outlook on price stability and long-term growth, influenced by factors such as regulatory uncertainties, macroeconomic conditions, and potential shifts in investor sentiment. While high volume and interest can sometimes precede a market turnaround, the prevailing evidence suggests a cautious approach, with the market's overall direction leaning more towards bearish tendencies.
This coin was manipulated with the spike. Binance will likely delist.
AMANULLAH KHAN SHAR
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$1000SATS Beware of This Trap!
You might think the price is very low right now because it's in a dip, but that's a mistake. The real owners of this coin haven’t withdrawn their money yet. They are waiting for you to buy so they can sell their holdings at a high price. Once they cash out, the price will crash suddenly, wiping out your money.
Then you’ll think about holding, hoping the price will recover. But even if you hold for months, the price won’t go up. It will only rise when you finally sell at a loss. At that point, the same people who dumped the coin will buy it back cheaply, pushing the price up again. Then you’ll regret selling and wish you had held on.
Save yourself from this trap before it’s too late!
Reversal Buy Signal: BTC/USDT at 97,360.0 - Time to buy your preferred coin?
Technical indicators confirm a reversal buy opportunity at 97,360.0.
Rationale for Reversal Confirmation • Short-Term Oversold Conditions: RSI at 36.0 and price near the lower Bollinger Band indicate selling exhaustion, suggesting a potential reversal. • Short-Term Bullish Momentum: Positive MACD and bullish VWAP/PSAR signals on shorter timeframes show buyers are stepping in. • Longer-Term Bullish Trend: Strongly bullish MACD and positive CCI confirm the broader upward trend. • Key Support Level: 97,360.0 aligns with recent lows and lower Bollinger Bands, making it a strong zone for a potential bounce.
Reversal Confirmation Level A break above 98,720.0 (pivot high) will confirm the reversal and signal the continuation of the bullish trend. This level aligns with: • The 3-min Bollinger Band High (BBH) at 98,733.46. • The 3-min Parabolic SAR (PSAR) at 98,720.0. This confluence of technical levels adds strength to the confirmation. If the price fails to break above 98,720.0, it may indicate a weak reversal, and the price could retest lower levels. Traders should monitor price action closely at this level.
Trade Setup • Entry: Buy at 97,360.0 • Reversal Confirmation: Above 98,720.0 (pivot high) • Stop-Loss: Below 97,143.0 This setup offers a high-probability reversal buy signal, with confirmation above 98,720.0 signaling a resumption of bullish momentum. The stop-loss below 97,143.0 helps manage risk effectively.
Summary • Enter a buy position at 97,360.0, supported by oversold conditions, bullish momentum, and alignment with key support levels. • Look for reversal confirmation when the price breaks above 98,720.0, a level backed by multiple technical indicators. • Set a stop-loss below 97,143.0 to protect against adverse price movements.
$BTC BTC/USDT Analysis Summary Feb 20, 2025 (Price: 97,267.9)
• Short-Term (3-min & 30-min): Overbought conditions (RSI 69-75, Stochastic %K 92-100). Price is near upper Bollinger Bands, suggesting a potential pullback or consolidation. ◦ Key Levels: Support at 97,058.3; Resistance at 97,310.4.
• Mid-Term (6-hour): Overbought but strongly bullish (MACD 190.56). Price well above PSAR, showing sustained upward momentum. ◦ Key Levels: Support at 95,203.0; Resistance breached at 96,737.3.
• Long-Term (1-day): Neutral to bullish (RSI 55, MACD 3.38). Price near Bollinger middle, indicating room for growth. ◦ Key Levels: Support at 93,321.6; Resistance at 98,792.8.
• Price Outlook: Short-term pullback possible to 97,058.3. If support holds, upside targets are 97,310.4 and 98,792.8. A break below 97,058.3 could lead to 95,203.0 or 93,321.6.
Tips for Traders • Watch for Pullback: Short-term indicators are overbought; consider taking profits or tightening stop-losses near 97,310.4. • Buy Dips: If price stays above 97,058.3, dips could be buying opportunities targeting 98,792.8. • Monitor Support: A drop below 97,058.3 may signal a deeper correction to 95,203.0—adjust positions accordingly.
Overall: BTC remains bullish, but short-term caution is warranted.
• Long-Term (1-day): Bullish (MACD 25.97, RSI 54.0), key levels at 2632.81 (support) and 2791.0 (resistance).
• Momentum: Mixed, with short-term weakness and longer-term strength.
Outlook: Potential bounce from 2738.8–2711.15 toward 2755.85–2791.0 if 2751.84 breaks. Below 2711.15, risk of drop to 2632.81. High volatility on lower timeframes.
lesson learned!! i just started future trading 2 days ago with just 22.34 in hand and quickly reached @28.46 with 5× leverage and short trades. then yesterday after that crash i started trading @10x and cautious 1 min max trades and reached to 62.21 in just 4 hours nd i thought i cracked the code and nothings gonna stop me now. but here i am on the road again! down on my knees with a loss of 50% of my wallet. i started with 10 usdt then maxed at 68 just for learning and hope i learnt my lessons. never be greedy never get over confident. trust your instinct but with thorough research. will start my journey here with 3k deposit soon I.A crypto is volatile its risky its dangerous but Dar k agy jeet hai❤
📣 Disclaimer-------------📣 Disclaimer: Cryptocurrency trading can be volatile. Make informed decisions, diversify your investments, and be aware of the risks involved. Remember, this information is not financial advice, so invest responsibly. #signals #cryptodawn #HotTrends $FLOKI
Market dynamics has changed since taking this trade.
There has been more build up above entry and the
next direction is not too clear as it stands.
Watching for next deal.
CryptoDawn
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Baissier
$ETH /USDT ⚡⚡
Signal Type: Scalp Short
Recommended Leverage: 10x
Entry Target: 3400
Take Profit Target: 20%
📣 Disclaimer-------------📣 Disclaimer: Cryptocurrency trading can be volatile. Make informed decisions, diversify your investments, and be aware of the risks involved. Remember, this information is not financial advice, so invest responsibly. #signals #cryptodawn #HotTrends $ETH
📣 Disclaimer-------------📣 Disclaimer: Cryptocurrency trading can be volatile. Make informed decisions, diversify your investments, and be aware of the risks involved. Remember, this information is not financial advice, so invest responsibly. #signals #cryptodawn #HotTrends $ETH
$BEL / USDT Short update: Are you sticking to 20% profit?
CryptoDawn
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Baissier
$BEL /USDT ⚡⚡
Signal Type: Scalp Short
Recommended Leverage: 10x
Entry Target: 2.05
Take Profit Target: 20%
📣 Disclaimer-------------📣 Disclaimer: Cryptocurrency trading can be volatile. Make informed decisions, diversify your investments, and be aware of the risks involved. Remember, this information is not financial advice, so invest responsibly. #signals #cryptodawn #HotTrends $BEL
📣 Disclaimer-------------📣 Disclaimer: Cryptocurrency trading can be volatile. Make informed decisions, diversify your investments, and be aware of the risks involved. Remember, this information is not financial advice, so invest responsibly. #signals #cryptodawn #HotTrends $BEL
$PENDLE /USDT ⚡⚡ Signal Type: Scalp Short Recommended Leverage: 10x Entry Target: 5.13
📣 Disclaimer-------------📣 Disclaimer: Cryptocurrency trading can be volatile. Make informed decisions, diversify your investments, and be aware of the risks involved. Remember, this information is not financial advice, so invest responsibly. #signals #cryptodawn #HotTrends $pendle
$PENDLE /USDT ⚡⚡ Signal Type: Scalp Short Recommended Leverage: 10x Entry Target: 5.13
📣 Disclaimer-------------📣 Disclaimer: Cryptocurrency trading can be volatile. Make informed decisions, diversify your investments, and be aware of the risks involved. Remember, this information is not financial advice, so invest responsibly. #signals #cryptodawn #HotTrends $pendle
$GMT /USDT ⚡⚡ Signal Type: Scalp Long Recommended Leverage: 10x Entry Target: 0.365
📣 Disclaimer-------------📣 Disclaimer: Cryptocurrency trading can be volatile. Make informed decisions, diversify your investments, and be aware of the risks involved. Remember, this information is not financial advice, so invest responsibly. #signals #cryptodawn #HotTrends $GMT