Binance Square

Candle-King

CHART ANALYST
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1.6 Ani
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Bearish
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Bearish
1D #BTC Analysis 🔸Trend line🔸 ✴️ Market Two Month Trend Break and change. 🔸Central zone🔸 ✴️ Identified at *83,911.5*, serving as a mid-level support/consolidation area. 🔸1D Reversal Area🔸 ✴️RA Target Located at ($71,751.9) an important lower support level where a possible reversal. 🔸Resistance 🔸 ✴️The orange box indicates a supply zone ranging from (94,000-96,000) where previous selling activities have been observed. $BTC {spot}(BTCUSDT) #MarketCorrection #BinanceSquareTalks #USGovShutdown #WhoIsNextFedChair
1D #BTC Analysis
🔸Trend line🔸
✴️ Market Two Month Trend Break and change.

🔸Central zone🔸
✴️ Identified at *83,911.5*, serving as a mid-level support/consolidation area.

🔸1D Reversal Area🔸
✴️RA Target Located at ($71,751.9) an important lower support level where a possible reversal.

🔸Resistance 🔸
✴️The orange box indicates a supply zone ranging from (94,000-96,000) where previous selling activities have been observed.
$BTC
#MarketCorrection #BinanceSquareTalks #USGovShutdown #WhoIsNextFedChair
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Bearish
📉Weekly ETH Analysis 🔸Pattern Identification 🔸 ✴️ The most bearish pattern in the market is the head and shoulder pattern, which has obviously been effective last year and is currently doing so again. 🔸Key Areas 🔸 ✴️A Central Zone which represents a demand or consolidation zone, is marked between the shoulders. Zones where the price action might reverse the trend or represent a possible bounce point are marked with RA (Reversal Area). 🔸Weekly Trendline 🔸 ✴️The long-term bullish support level is represented by the Weekly Trendline (orange) drawn below the price action. This trendline is currently being tested by the price. #ETH #MarketCorrection #BearishAlert #BTC #BinanceSquareFamily $ETH {spot}(ETHUSDT)
📉Weekly ETH Analysis
🔸Pattern Identification 🔸
✴️ The most bearish pattern in the market is the head and shoulder pattern, which has obviously been effective last year and is currently doing so again.
🔸Key Areas 🔸
✴️A Central Zone which represents a demand or consolidation zone, is marked between the shoulders. Zones where the price action might reverse the trend or represent a possible bounce point are marked with RA (Reversal Area).
🔸Weekly Trendline 🔸
✴️The long-term bullish support level is represented by the Weekly Trendline (orange) drawn below the price action. This trendline is currently being tested by the price.
#ETH #MarketCorrection #BearishAlert #BTC #BinanceSquareFamily
$ETH
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