$BTC needs to take out the 60,700 low and we decide if the 60k support holds or not before heading to 50k as most widly speculated as for now no much thing on btc. Unless Daily closes bearish $BTC
In my previous post, I mentioned that taking some profits on Ethereum wouldn’t be a bad idea as it approaches its previous all-time high.
A rejection from this zone shouldn’t come as a surprise. When too many people become overly comfortable in one direction, the market usually does the opposite. A lot of traders were extremely excited and heavily leveraged long, assuming $ETH is about to break its ATH.
Sharp pullbacks are often triggered by long liquidations.
That said, Ethereum is still bullish overall. Dips are opportunities, Plan your entries.
🧠From a structural perspective, we hit the daily neckline support and began to rebound. Unfortunately, it's about $170 away from the overlapping support zone I'm focused on, and the rebound didn't establish a 1-hour bullish structure. This suggests a high probability of encountering resistance and a pullback after this rebound. Therefore, don't chase the rally at the neckline resistance zone! Only if we can break through the neckline resistance zone and stabilize for a day or so should we actively consider a bullish move.
➡️Support is clearly around 120,000. Even if it falls below this level, as long as the 4-hour closing price is above it, this support level will remain valid. Extreme support is still around 110,000!
🤜If you like my analysis, please like 💖 and share 💬 #Wolf_king88 $BTC {future}(BTCUSDT)
$ETH A bearish pattern was formed near the resistance zone in the 15m time frame in ETH, which the market has just broken out of, now if you want you can enter the short trade. POSITION MENTION THE CHART 👇
Trade Setup: Long trade entry after breakout confirmation.
$ Long Trade Signal🟢
Entry point: 2.2460 Stop Loss: 2.2224 Take profit: 2.2925 Margin: 2-3% of wallet. Leverage: 10x
Short Outlook of Market: Currently, XRPUSDT has shown a bullish breakout above resistance, indicating potential upside continuation. However, failure to hold above 2.2417 could invite bearish pressure towards the 2.2224 zone.
Comment 🚀 if you caught this breakout! #TrumpVsMusk #REX-OSPREYSolanaETF #DYMBinanceHODL #OneBigBeautifulBill
This person did not even follow instructions as said cuz this market is volatile & if he entered at .15000 he should be liquidated with 20x lev by now he used cross and no sl
SteveGoshenCrypto
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Someone was thoughtful enough to share his winnings. Many would cashout as if nothing happened. Congratulations to you all 💯💥