$BTC $ETH 1H Chart Analysis - My Setup
BINANCE SQUARE UPDATE - 24 OCT 2024
BTC/USDT 1H - $69,420.12 (+1.82%)
- Holding strong above $68K SUPPORT
- MA50: 69,050 | MA200: 67,800
- Bullish Structure Intact
- Volume: 12.45K BTC
- Next Target: $70K BREAKOUT if volume confirms
ETH/USDT 1H - $3,870.25 (+1.45%)
- ETH Holds $3,850 Support - Bullish
- MA50: 3,845 | MA200: 3,790
- Volume: 428.3K ETH
- Momentum is better than BTC
MY ANALYSIS:
BTC is holding above $68K and testing resistance. A daily close above $70K will confirm bullish continuation towards $72.5K.
ETH remains above $3,850, bullish momentum intact. ETH/BTC ratio bouncing.
My Plan:
1. Wait for BTC $70K breakout + retest - No FOMO
2. ETH long has better R/R near $3,880 support
3. Risk: Moderate | Trend: Bullish
This is based on my own chart from photo setup. Not financial advice. Trade with stop loss.
Do you think BTC will break $70K today? Comment below.
$BTC #ETH #BinanceSquare #CryptoTrading. #Write2Earn
BINANCE SQUARE UPDATE - 24 OCT 2024
BTC/USDT 1H - $69,420.12 (+1.82%)
- Holding strong above $68K SUPPORT
- MA50: 69,050 | MA200: 67,800
- Bullish Structure Intact
- Volume: 12.45K BTC
- Next Target: $70K BREAKOUT if volume confirms
ETH/USDT 1H - $3,870.25 (+1.45%)
- ETH Holds $3,850 Support - Bullish
- MA50: 3,845 | MA200: 3,790
- Volume: 428.3K ETH
- Momentum is better than BTC
MY ANALYSIS:
BTC is holding above $68K and testing resistance. A daily close above $70K will confirm bullish continuation towards $72.5K.
ETH remains above $3,850, bullish momentum intact. ETH/BTC ratio bouncing.
My Plan:
1. Wait for BTC $70K breakout + retest - No FOMO
2. ETH long has better R/R near $3,880 support
3. Risk: Moderate | Trend: Bullish
This is based on my own chart from photo setup. Not financial advice. Trade with stop loss.
Do you think BTC will break $70K today? Comment below.
$BTC #ETH #BinanceSquare #CryptoTrading. #Write2Earn