Rogério torres
Dive into the crypto world with accurate technical analysis and insightful commentary. Identify lucrative opportunities in the volatile market with confidence.
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Bitcoin Holds Above Key Support, Weekend Range Bound: Bulls in Control 🚀🚀🚀💥💥💥
#BTC consolidates above $68,355.26 weekly support, indicating strong buyer presence.
Rejection of lower prices shows market confidence in Bitcoin's long-term potential.
Diminishing weekend trading volume points to a range of $69k-$71k. 🥀🥀🥀
Bearish scenario possible if whales dump, but probability remains low. 🤬🤬🤬
Bullish breakout potential with large buy order, targeting $72,408 resistance. 🤑🤑🤑🤑
Image: BTC 1-hour chart with price action, support, and resistance levels.
😍😍😍Tips:
***Set price alerts on the Binance app to stay updated on market movements.
***Implement stop losses that align with your trading strategies to minimize losses.
***Aim for gains that are compatible with market conditions and avoid impulsive decisions.
😎😎😎Remember: Greed is the biggest enemy of a successful trader!
🤝🤝🤝What are your thoughts on this analysis? Share your opinions in the comments!
💪💪💪Follow me for more analysis and insights into the cryptocurrency market!
Disclaimer: Market conditions can change rapidly. Always conduct your own research and manage risk appropriately.
Remember: Never invest more than you can afford to lose and consult a financial advisor before making any investment decisions.
#BTC #Bitcoin #Crypto #Analysis #Bullish #Support #Resistance #Volume#defi $BTC
#BTC consolidates above $68,355.26 weekly support, indicating strong buyer presence.
Rejection of lower prices shows market confidence in Bitcoin's long-term potential.
Diminishing weekend trading volume points to a range of $69k-$71k. 🥀🥀🥀
Bearish scenario possible if whales dump, but probability remains low. 🤬🤬🤬
Bullish breakout potential with large buy order, targeting $72,408 resistance. 🤑🤑🤑🤑
Image: BTC 1-hour chart with price action, support, and resistance levels.
😍😍😍Tips:
***Set price alerts on the Binance app to stay updated on market movements.
***Implement stop losses that align with your trading strategies to minimize losses.
***Aim for gains that are compatible with market conditions and avoid impulsive decisions.
😎😎😎Remember: Greed is the biggest enemy of a successful trader!
🤝🤝🤝What are your thoughts on this analysis? Share your opinions in the comments!
💪💪💪Follow me for more analysis and insights into the cryptocurrency market!
Disclaimer: Market conditions can change rapidly. Always conduct your own research and manage risk appropriately.
Remember: Never invest more than you can afford to lose and consult a financial advisor before making any investment decisions.
#BTC #Bitcoin #Crypto #Analysis #Bullish #Support #Resistance #Volume#defi $BTC
🤑🤑🤑BITCOIN UPTREND!!🔥🔥🔥
Bitcoin #BTC has been defying critics and consolidating its position as a class asset. Despite predictions of colossal crashes, BTC demonstrates solid fundamentals and a consistent upward trajectory.
Chart Analysis: 🚀💻💰
The attached candlestick chart (4-hour timeframe) provides a clear view of BTC dynamics:
#bullish Trend: BTC has been in a clear uptrend since early 2024, with successive higher highs and higher lows.
RESISTANCE: The next significant resistance level is at $72,408. Breaking above this level will pave the way for new highs.
SUPPORT: The main support is at $68,000. Losing this level could lead to 10%-15% corrections, but the uptrend would remain intact.
TRADING VOLUME Trading volume accompanies the uptrend, indicating strong interest in BTC.
Technical Indicators: ⭐🎁🍕
Simple Moving Average (SMA): The 50-period SMA is below the price, confirming the uptrend.
Relative Strength Index (RSI): The RSI is around 60, indicating an overbought market, but without signs of reversal yet.
✨✨✨✨✨✨!!!!ATENTION!!!!!✨✨✨✨✨✨
While the cryptocurrency market is volatile, Bitcoin exhibits strong fundamentals and a consistent uptrend. Technical analysis of the chart reinforces this perspective, with the next resistance at $72,408 and support at $68,000.
Disclaimer:
Technical analysis is not foolproof and should be used in conjunction with other analysis tools.Do your own research and due diligence before investing in any cryptocurrency
#BITCOIN #Crypto #BTC #Bullish #TechnicalAnalysis #Cryptocurrency #Investment #Finance #Blockchain #ETF #Ethereum $BTC
Bitcoin #BTC has been defying critics and consolidating its position as a class asset. Despite predictions of colossal crashes, BTC demonstrates solid fundamentals and a consistent upward trajectory.
Chart Analysis: 🚀💻💰
The attached candlestick chart (4-hour timeframe) provides a clear view of BTC dynamics:
#bullish Trend: BTC has been in a clear uptrend since early 2024, with successive higher highs and higher lows.
RESISTANCE: The next significant resistance level is at $72,408. Breaking above this level will pave the way for new highs.
SUPPORT: The main support is at $68,000. Losing this level could lead to 10%-15% corrections, but the uptrend would remain intact.
TRADING VOLUME Trading volume accompanies the uptrend, indicating strong interest in BTC.
Technical Indicators: ⭐🎁🍕
Simple Moving Average (SMA): The 50-period SMA is below the price, confirming the uptrend.
Relative Strength Index (RSI): The RSI is around 60, indicating an overbought market, but without signs of reversal yet.
✨✨✨✨✨✨!!!!ATENTION!!!!!✨✨✨✨✨✨
While the cryptocurrency market is volatile, Bitcoin exhibits strong fundamentals and a consistent uptrend. Technical analysis of the chart reinforces this perspective, with the next resistance at $72,408 and support at $68,000.
Disclaimer:
Technical analysis is not foolproof and should be used in conjunction with other analysis tools.Do your own research and due diligence before investing in any cryptocurrency
#BITCOIN #Crypto #BTC #Bullish #TechnicalAnalysis #Cryptocurrency #Investment #Finance #Blockchain #ETF #Ethereum $BTC
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