In the BTC chart, a Rising Wedge formation has clearly formed after a Bullish Flag. The upper band was tested and faced a sharp rejection. Price is now in the consolidation zone, entering a decision phase.
🔹 Support Levels
115K → Intermediate support, first defense line
110K → Major support, breaking it would increase selling pressure
🔹 Resistance Levels
124.5K → Short-term upper band
130K → Main resistance, will determine the trend’s fate
⚡ Possible Scenarios
Daily close above 130K → Momentum strengthens, target 145K 🚀
Close below 115K → 110K test becomes likely
Break below 110K → Risk of a sharp drop to the 100K – 95K zone
Although the formation’s technical target is to the upside, the decision point is very close. Risk management is essential in trading strategies!
Always better to stay cautious — stop loss can be a lifesaver.
This post is not financial advice; it’s my technical analysis.
Boğa Sezonunda Herkes Uzman Önemli Olan Ayı Sezonunda Ortada Gezebilmek :) Ayı Sezonunda Paylaşıtigim Şeylerin Çoğu Çıktı Asıl Zenginliği Boğada Yaşayacağız 🚀🔥💸 #hold #holders #altcoin #kripto #turkey
What are your predictions about the cryptocurrencies that will make their mark in 2024? Share projects that you think have great potential in the future. 🌟
These projects I mentioned are pre-sale projects and they have not experienced the bull season yet.
Note: $DECHAT drops on the 26th of every month as its unlock date approaches and on its day, so it can be purchased a few days after the 26th. and there is only 25M supply.
@ParamLaboratory It is below the listing price and had a good hype, it is a coin with a high probability of rising again by hype.
@subsquid It has a much lower price than expected, very close to the listing price.
@NibiruChain It has its own blockchain, it works very fast, its unlocking ends in 2025, it is a very good project in the long term.
@EnginesOfFury There is a resistance point at $0.35. If there is a breakout, there is a way to $0.70 - $0.75.
All of them have monthly or daily unlocking, so they are selling, I think they will rise well when the unlocking is finished, especially @dechat_io and @NibiruChain, so these are the coins that will be bought at these prices and added as they fall.
NOTE: What I say is not investment advice, just my own analysis. #DYOR
These projects I mentioned are pre-sale projects and they have not experienced the bull season yet.
Note: $DECHAT drops on the 26th of every month as its unlock date approaches and on its day, so it can be purchased a few days after the 26th. and there is only 25M supply.
@ParamLaboratory It is below the listing price and had a good hype, it is a coin with a high probability of rising again by hype.
@subsquid It has a much lower price than expected, very close to the listing price.
@NibiruChain It has its own blockchain, it works very fast, its unlocking ends in 2025, it is a very good project in the long term.
@EnginesOfFury There is a resistance point at $0.35. If there is a breakout, there is a way to $0.70 - $0.75.
All of them have monthly or daily unlocking, so they are selling, I think they will rise well when the unlocking is finished, especially @dechat_io and @NibiruChain, so these are the coins that will be bought at these prices and added as they fall.
NOTE: What I say is not investment advice, just my own analysis. #DYOR