âą Stop Loss: $0.1354 (just below the support level and wedge pattern). Leverage:
âą Leverage: 5x to 10x leverage can be considered, but itâs crucial to manage risk carefully when using leverage, especially with potential volatility. DYOR #Crypto #Trading #BIGTIME #CryptoTrading $SAGA $BTC $ETH
Short-Term Holdersâ Average Buy Price: Key to Bitcoinâs Next Move The average buy price of 1-3 month Bitcoin holders has historically acted as a critical support and resistance level. Breaks above this price often lead to bullish trends, while failures to do so signal bearish movements. Recently, Bitcoin struggled to break this level at $73K, resulting in a bearish shift. Now, with the U.S. Fed's 50bp rate cut announcement, Bitcoin is once again testing this crucial metric. Watch closelyâthis could be the key to Bitcoinâs next major move! #Bitcoinâ #BTC #Crypto #BullMarkets $BTC $ETH #CryptoMojo
$ENA is forming a falling wedge pattern on the daily timeframe! Once this pattern breaks, it could potentially rally up to 160%. đ #Crypto #Binance #Write2Earn! #BullMarkets $BTC $ETH
TIA is breaking out from a falling wedge pattern, which is a bullish reversal setup. The price has recently breached the upper trendline resistance, signalling a potential strong upward move. If the breakout holds, there is significant upside potential as marked in the chart.
Entry Point: Current Market Price (CMP) around $5.20 Additional Positions: Consider adding more if the price retests the trendline support near $4.80â$5.00. đŻ Targets: $6.20 $7.80 $8.50 $9.80 $12.5(Final Target) âïž Stop Loss (SL): $4.60 to manage downside risk. âïž Leverage: Use leverage cautiously, between 3x and 5x depending on your risk tolerance. #Crypto #NEIRO #Ripple $BTC $NEIRO
đšFED UPDATE 1ïžâŁ Fed cuts rates by 50 bpsâfirst time since 2020 2ïžâŁ Two more 25 bps cuts expected in 2024 3ïžâŁ First dissent since 2005, pushing for a smaller 25 bps cut 4ïžâŁ Fed gains confidence inflation is heading to 2% 5ïžâŁ "Carefully assessing data" to adjust outlook 6ïžâŁ 100 bps of cuts projected for 2025, 50 bps in 2026 #FOMC #interestrates #Inflationrate #Economy #Crypto $BTC $ETH
AUCTION is forming a descending wedge pattern, which is a classic bullish reversal signal. The price has been accumulating between the $11.24 and $14.80 levels, and a breakout from the wedge resistance may signal a strong upward move. With a breakout, significant gains can be expected.
Entry Point: Current Market Price (CMP) around $14.81
Additional Positions: Consider adding more if the price revisits the support zone near $11.24.
đŻ Targets: $18.00 $22.00 $29.63 $40.1 (Final target) â Stop Loss (SL): $10.50 to manage downside risk.
âïž Leverage: Use leverage cautiously, between 5x and 10x depending on your risk tolerance.
đš All eyes on the U.S. Federal Reserve today! đš đ 63% predict a 0.5% rate cut đ 37% expect a 0.25% cut đĄ On days like this, trading can be risky. Instead of jumping in, take a moment to reassess your portfolioâs risk and prepare for different scenarios. đ Jerome Powellâs words today will shape the marketsâstay sharp and ready to react! #FedMeeting #MarketWatch #RiskManagement" #Crypto $BTC $NEIRO $TURBO
TIA is breaking out from a falling wedge pattern, which is a bullish reversal setup. The price has recently breached the upper trendline resistance, signalling a potential strong upward move. If the breakout holds, there is significant upside potential as marked in the chart.
Entry Point: Current Market Price (CMP) around $5.20 Additional Positions: Consider adding more if the price retests the trendline support near $4.80â$5.00. đŻ Targets: $6.20 $7.80 $8.50 $9.80 $12.5(Final Target) âïž Stop Loss (SL): $4.60 to manage downside risk. âïž Leverage: Use leverage cautiously, between 3x and 5x depending on your risk tolerance. #Crypto #NEIRO #Ripple $BTC $NEIRO
Net Inflows and Bitcoinâs Realized Cap Inflection Point
Realized Cap, which tracks coins based on their last transaction, shows whether thereâs a net inflow or outflow of capital. Currently at $461B, up 0.66% ($3B), it signals low movement and stagnant inflows.
Key inflection points: 1. Market tops: Realized Cap stabilizes, profits shift to losses. 2. Bear market recovery: HODL sets the market floor, capital flows steadily. 3. Bull rallies: HODL profits as market nears ATH.
Since August, net inflows have been stagnant, with no significant movement. A major Bitcoin move is needed within 30 days to break this liquidity standstill. #Bitcoin #CryptoMarket #BTC #BitcoinAnalysis $BTC $ETH $XRP
Countdown to the next #FOMC meeting! Currently, thereâs a 61% probability of a 50bps rate cut at the upcoming FED meeting. Bullish outlook for #Bitcoinâ đ
#Bitcoin is currently forming a symmetrical triangle patterning the 4-hour time frame. If the bears successfully defend this area, a further decline is likely. However, if BTC breaks out of this pattern with strong volume, we could see a significant rally. The key level to watch is 60,625 â a break above this could push the price toward the upper resistance of the range. Breaking through these resistance levels is essential for hitting the target.
Stay tuned and follow me for more updates! #Crypto #BTCâ $BTC $ETH