LIVEAbu Ashhad
@Abu_ash-had
Following
Followers
Liked
Shared
$BTC is testing 63200 support level, it can easily go from here upto 67k resistance level in no time. keep an eye.
#Bullish
#Bullish
Technical Analysis of $BTC 4H Chart
The 4-hour $BTC chart includes several key technical indicators and tools. Here’s a comprehensive analysis:
Moving Averages
EMA7, EMA25, and EMA99: These Exponential Moving Averages (EMAs) help identify the trend direction. The price is currently above these EMAs, indicating a bullish trend. The recent crossover of shorter EMAs above longer ones further supports this bullish sentiment.
Bollinger Bands
Bollinger Bands: The bands are contracting, which often suggests a decrease in volatility. Thi
Moving Averages
EMA7, EMA25, and EMA99: These Exponential Moving Averages (EMAs) help identify the trend direction. The price is currently above these EMAs, indicating a bullish trend. The recent crossover of shorter EMAs above longer ones further supports this bullish sentiment.
Bollinger Bands
Bollinger Bands: The bands are contracting, which often suggests a decrease in volatility. Thi
I think that $TAO is going to lead this altcoin season which has already begun in my point of view.
what do you think?
what do you think?
Technical Analysis of Tao USDT 1 Hr Chart.
Let’s break down the technical analysis of the 1-hour (1H) chart for TAOS/USDT:
Price Movement
Current Price: $315.4
24h High: $317.6
24h Low: $290.5
Change: +3.82%
Candlestick Patterns
The chart shows a mix of green and red candlesticks, indicating periods of buying and selling pressure.
Recent candlesticks suggest a bullish trend with more green candles.
Moving Averages
EMA7: $312.2
EMA25: $300.4
The EMA7 is above the EMA25, indicating a short-term bullish trend.
MACD (Moving Average Converge
Price Movement
Current Price: $315.4
24h High: $317.6
24h Low: $290.5
Change: +3.82%
Candlestick Patterns
The chart shows a mix of green and red candlesticks, indicating periods of buying and selling pressure.
Recent candlesticks suggest a bullish trend with more green candles.
Moving Averages
EMA7: $312.2
EMA25: $300.4
The EMA7 is above the EMA25, indicating a short-term bullish trend.
MACD (Moving Average Converge
BTC 4H chart Technical Analysis.
Let’s break down the technical analysis of the 4-hour BTC/USDT chart:
Price and Volume Analysis
Current Price: 61,188.75 USDT
24-Hour High: 62,829.3 USDT
24-Hour Low: 59,588.73 USDT
Volume: 26.7K BTC (equivalent to over 1.6 billion USDT)
Candlestick Patterns
Trend: The chart shows an upward trend with higher lows on each dip, indicating a bullish sentiment.
Recent Activity: The most recent candles show some consolidation around the current price level, suggesting a potential pause or reversal.
Price and Volume Analysis
Current Price: 61,188.75 USDT
24-Hour High: 62,829.3 USDT
24-Hour Low: 59,588.73 USDT
Volume: 26.7K BTC (equivalent to over 1.6 billion USDT)
Candlestick Patterns
Trend: The chart shows an upward trend with higher lows on each dip, indicating a bullish sentiment.
Recent Activity: The most recent candles show some consolidation around the current price level, suggesting a potential pause or reversal.
BTC Alert:
Unless $BTC passes the $63500 resistance, I am considering it as #trap .
#DYOR
#BecomeCreator
Unless $BTC passes the $63500 resistance, I am considering it as #trap .
#DYOR
#BecomeCreator
Bitcoin 4H Chart Technical Analysis:
Trend and Patterns:Support Levels:
The chart shows a significant support level near 49,000, which held during a recent dip. If price retraces, this level will be crucial for bulls to defend.
Resistance Levels:
The next resistance is around 63,404, which coincides with the previous highs. Bulls will need to break this level for a sustained upward trend.
Volume Analysis:
Volume seems moderate, suggesting cautious market participation. A spike in volume could indicate stronger moves in either direction.
Conclusion:
BTC/USDT is in a consolidation phase with short-term bullish momentum. Price action near the EMAs suggests a potential breakout in the near term. Keep an eye on resistance around 63,404 and support at 49,000. A confirmed break above or below these levels could indicate the next significant move.
#BecomeCreator
Trend and Patterns:Support Levels:
The chart shows a significant support level near 49,000, which held during a recent dip. If price retraces, this level will be crucial for bulls to defend.
Resistance Levels:
The next resistance is around 63,404, which coincides with the previous highs. Bulls will need to break this level for a sustained upward trend.
Volume Analysis:
Volume seems moderate, suggesting cautious market participation. A spike in volume could indicate stronger moves in either direction.
Conclusion:
BTC/USDT is in a consolidation phase with short-term bullish momentum. Price action near the EMAs suggests a potential breakout in the near term. Keep an eye on resistance around 63,404 and support at 49,000. A confirmed break above or below these levels could indicate the next significant move.
#BecomeCreator
comprehensive Technical Analysis of $Tao
A. Price Trends & Movements:
April Chart:
The price started high at 1,249 USDT but quickly declined, stabilizing between 277 USDT and 333.5 USDT. The sharp fall indicates a significant sell-off after an initial spike.After the steep drop, the market seems to have entered a consolidation phase with relatively lower volatility and lower volume, as seen in the middle to late part of the chart.
June Chart:
The price hit a low of 150.1 USDT and bounced back toward 277.2 USDT, indicating a potential b
April Chart:
The price started high at 1,249 USDT but quickly declined, stabilizing between 277 USDT and 333.5 USDT. The sharp fall indicates a significant sell-off after an initial spike.After the steep drop, the market seems to have entered a consolidation phase with relatively lower volatility and lower volume, as seen in the middle to late part of the chart.
June Chart:
The price hit a low of 150.1 USDT and bounced back toward 277.2 USDT, indicating a potential b
#MyFirstSquarePost New to Binance Square, thrilled to share and connect with everyone here!
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Trending Topics
TetherUnderInvestigation
678,945 views
796 Posts
Tether Investigation Shakes Crypto Market Amidst Alleged U.S. Government Scrutiny
Binance News
24 Likes
14.6k views
USJoblessClaimsDip
4.6M views
3,706 Posts
BTC67KRebound
2.1M views
2,131 Posts
