The market is playing you because it is rising and after thi | SohailAhmad28 on Binance Square

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The market is playing you because it is rising and after this little playing a strong dump is coming we will see soon …..
#Crypto_Jobs🎯  
$BTC 
$ETH 
#DOGSONBINANCE #CryptoMarketMoves $BNB #BlackRockETHOptions #BinanceBlockchainWeek 

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Bullish

$BTC 👀

#bitcoin

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"The market is very sensitive, so act wisely." Urgent Urgent Urgent $BTC update The chart indicates that Bitcoin is facing strong resistance at the 58,606.6 USDT level. Several attempts to break through this resistance have failed, suggesting that the price might struggle to maintain its upward momentum. This repeated inability to surpass the resistance level increases the likelihood of a pullback in the near term. If the price fails to hold above 58,000 USDT, it could start dropping, with potential support at 57,627.7 USDT. A further breakdown could lead to testing the 56,494.1 USDT level. The overall trend is showing signs of weakness, especially given the multiple rejections at resistance. Until there is a clear breakout above 58,606.6 USDT with significant volume, the probability of a downward move remains high. In summary, Bitcoin needs to break above this resistance to confirm an upward trend, but the current scenario suggests a higher chance of a price drop towards lower support levels if momentum weakens further. In conclusion, Bitcoin’s failure to break through the strong resistance at 58,606.6 USDT signals a potential weakness in its upward trend. If it cannot surpass this level soon, the likelihood of a pullback increases, with possible drops toward 57,627.7 USDT and even 56,494.1 USDT. Until a clear breakout occurs with significant volume, traders should be cautious of further downward movement. $BTC #CPI_BTC_Watch #GrayscaleXRPTrust #DOGSONBINANCE #PowellAtJacksonHole #BinanceLaunchpoolHMSTR

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Urgent urgent urgent $BTC Based on the chart you provided, the market appears to be bearish (downtrend): 1. **Current Price**: The price is currently around 54,208, which is significantly lower than the previous resistance level of approximately 65,000. 2. **Relative Strength Index (RSI)**: The RSI values are between 37 and 39, indicating selling pressure in the market. While the RSI is not yet in the oversold zone, it suggests that the market sentiment is leaning towards bearishness. Overall, the trend suggests a continuation of the downtrend unless there is a strong reversal signal. $ETH The chart for ETH/USDT also indicates a bearish (downtrend) movement: 1. **Current Price**: The price is at 2,277.99, which is lower than the previous resistance levels. This suggests that the asset is in a downtrend. 2. **RSI Values**: The RSI values are between 39 and 41, indicating a bearish sentiment, but it’s not in the oversold zone yet. 3. **Moving Averages (MA)**: The short-term moving average (MA5) is below the longer-term moving average (MA10), reinforcing the bearish trend. Overall, the market appears to be bearish, with a potential continuation of the downward trend unless there is a significant change in market conditions. #DOGSONBINANCE #Bitcoin❗ #ETHETFsApproved #TelegramCEO #CryptoMarketMoves

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Bitcoin is down as we mentioned, so we are moving towards 49k $BTC #DOGSONBINANCE #SohailAhamd28 $ETH $BNB #CryptoMarketMoves #BlackRockETHOptions #TelegramCEO

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"The market is very sensitive, so act wisely." Urgent Urgent Urgent $BTC update 1. Support and Resistance Levels: • Resistance: The price has faced resistance around 65,000 USDT. If it approaches this level again and breaks through, it could signal a continuation of the upward trend. • Support: There’s a strong support level near 54,066 USDT. If the price drops to this level but holds, it might rebound and test higher resistance levels again. 2. RSI (Relative Strength Index): • Short-term RSI (~68): This indicates that Bitcoin is nearing overbought territory. In overbought conditions, there’s typically a risk of a pullback or consolidation before any further upward movement. • Long-term RSI (~48): This is more neutral, suggesting that on a broader time frame, the market isn’t overextended. Next Likely Move: • Upward Scenario: If Bitcoin sustains above the 59,000 USDT level and the volume increases, it might test the 60,000-61,000 USDT level. Breaking above 61,000 could set up a move towards the next resistance around 65,000 USDT. • Downward Scenario: If the price fails to maintain the current level and breaks below the recent support near 57,000 USDT, it could head towards the major support around 54,066 USDT. Conclusion: • Bullish Scenario: Watch for a breakout above 60,000 USDT with increasing volume. This would indicate a potential move toward 65,000 USDT. • Bearish Scenario: If the price drops below 57,000 USDT with significant volume, it could fall towards the support level around 54,066 USDT. Since the RSI is nearing overbought territory in the short term, be cautious about entering long positions unless there’s a clear breakout with volume confirmation. On the other hand, if the price holds above the support levels, the upward trend could continue. $BTC $ETH #DOGSONBINANCE #SohailAhmad28 #PowellAtJacksonHole

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$BTC Big Dump …… $ETH To analyze the BTC/USDT chart and predict the next potential movement: 1. Price Action: • The current price is 58,274.99 USDT, down by 1.08% (€52,663.1) for the day. • The 24-hour high is 59,244.04 USDT and the low is 57,777.00 USDT, suggesting moderate volatility within this range. • The chart shows a downtrend pattern with lower highs and lower lows, indicating bearish momentum. $BTC 2. Volume Analysis: • Volume (VOL) indicators are showing a decline: • 1-day volume down by 1.32%, • 7-day volume down by 4.08%, • 30-day and 90-day volume down by the same 4.08% and 14.07% respectively, • The 180-day volume is down by 13.54%. • This reduction in volume could indicate decreasing interest or caution among traders, which often precedes a continuation of the current trend. 3. Technical Indicators: • RSI (Relative Strength Index): • RSI(6) is at 31.20, near the oversold region, suggesting possible buyer interest if it dips further. • RSI(12) at 41.47 and RSI(24) at 45.02 also lean towards a bearish or neutral market sentiment. • Moving Averages: • The 5-period MA is at 21,535.12 and the 10-period MA is at 22,856.23. The current price is well below both moving averages, reinforcing the bearish trend. 4. Key Levels: • Support is likely around the recent low near 49,000 USDT. • Resistance could be around 65,261.96 USDT, which is a previous high shown on the chart. 5. Broader Market Sentiment: • Economic Indicators: If global financial markets face continued pressure from interest rate hikes, inflation concerns, or economic downturns, Bitcoin, being a risk-sensitive asset, may continue its downtrend. • Cryptocurrency Regulation: Any adverse regulatory news could exacerbate the selling pressure. Conclusion: The bearish trend suggests a likely drop towards 49,000 USDT unless significant news changes market direction. #BTC☀ #dump #ETHETFsApproved

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