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$ARK
take a short entry
entry 1 0.5063
entry 2 0.55 (* entry 2 updated )
quick scalp
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let's see what Btc wants to do...where it will go.. đ1. Key Levels đ„ Resistance: The price reached a high of 66,450 before reversing. Above that, there is a notable resistance near 67,147, indicating strong sellers around that zone. đ„ Support: A critical support level is at 61,965 where the price is currently sitting. There is another support at 56,924, which could be a strong lower target if the price breaks further down. đ„ 2. Price Action The price made a recent high at 66,450 and faced a sharp sell-off, falling down to its current level of 61,965. The overall trend in the past few days shows a clear downtrend, as the price is making lower highs and lower lows. đ„ 3. RSI (Relative Strength Index) The RSI is currently at 33.3, which indicates the market is approaching the oversold territory (below 30 is considered oversold). This suggests that a potential bounce back or relief rally could be imminent as buyers might step in soon. đ„ 4. Next Move Bearish Scenario:đ„đ„ If the price breaks below 61,965, the next immediate support could be 56,924. This would be a continuation of the downtrend with further selling pressure. Watch out for volume spikes during this drop to confirm strong selling momentum. Bullish Scenario:đ„đ„ If the price holds at 61,965 and RSI continues to recover, a rebound could lead the price back toward the resistance at 64,092. A break above 64,092 would confirm bullish momentum and could see the price revisiting 66,450. đ„đ„ 5. Conclusion: In the short term, watch for support at 61,965. A break below this would suggest more downside, while holding this level may trigger a bounce toward 64,092 or higher. The oversold RSI hints at a potential reversal or relief rally soon, but confirmation would be needed with stronger buying volumes.#BinanceLaunchpoolHMSTR #IRANIANPRESIDENT #israeliranconflict #BTCUptober $BTC $ETH $SOL
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HOW TO STOP PANIC SELLING
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Two more successful trades ..#neiro and #eigen Doubters will keep doubting while we get richer! đ° We're the best in the signals game and we prove it every single day. đ„ If you want to start seeing results like this as well, you know where to find us...$EIGEN $SUI $BTC #BinanceLaunchpoolHMSTR #EIGENonBinance #writetoearn
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