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SKL / USDT 🔹Falling wedge Pattern ( Bullish) 🔹Expecting a Breakout here. 🔹Once a big bar candle close above this wedge, we will look for long trade. 🔹Expected target will be 0.079$ 🔹Keep ana eye on it. 🔹We will share call soon with more confirmation
RSR / USDT 🔹Falling wedge Pattern 🔹Breakout already done✅ 🔹Currently Price is retesting the patterm from which it Broke. 🔹If we see a pullback upto 0.0120$ then it will be a good buying opportunity. 🔹Expected target 0.0250$ 🔹Keep an eye on it. 🔹We will share call soon with more confirmation.
FTM / USDT 🔹Symmetrical Traingle Formation ( Bullish) 🔹Weekly Breakout Already done✅ 🔹Currently Price is retesting here. 🔹Expecting an upward move here. 🔹FTM can be good to grab here in Spot. 🔹Keep an eye on it.
BTC / USDT 🔹Price is consolidating above the trendline. 🔹Price already Breakout from triangle. 🔹 Once Price comes out from this consolidation we will see a Big Move. 🔹 102657$ is the main resistanc area, once , Price closes above this zone. 🔹We will look for long trade. 🔹 Keep an eye on it.
ENA / USDT 🔹Price got rejected here from the upper trendline. 🔹The area of 1.14$ is acting as a major resistance. 🔹We can expect a short fall here. 🔹1$ can be the trendline support from where Price can bounce. 🔹Keep an eye on it.
DOT / USDT 🔹Symmtrical Traingle Foramtion ( Bullish 🔹Price is on the verge if Breakout. 🔹Once 4hr candle closes above the trendline, we will look for long trade. 🔹The expected Target will be 11.5$ to 12$. 🔹We will need a proper breakout to make an entry Keep an eye on it.
⚠️Conclusion Both technical and fundamental indicators suggest Bitcoin is bullish. Keep a close eye on December 18 for the Fed rate cut announcement and January 20 for Donald Trump’s oath ceremony. These events could drive significant movements in Bitcoin.
Last night, I mentioned sharing a detailed Bitcoin analysis based on fundamentals and technicals. Here's the update:
➡️Currently, Bitcoin is trading within a range, consolidating and preparing for its next move upward. Technically, Bitcoin is near a key resistance level. I've also identified the major support level, which remains intact. As long as Bitcoin doesn’t close a daily candle below this support, there’s no need to worry—we are still in a bull market.
Bitcoin has tested the resistance multiple times, weakening it. Once Bitcoin breaks this resistance and closes a daily candle above it, we can expect targets of $110K and $125K.
Fundamental Analysis From a fundamental perspective, Bitcoin is highly bullish, and the upcoming weeks could be game-changing. Mark these two important dates:
1. December 18 (Fed Interest Rate Decision) • The Fed is expected to announce a 25 basis points rate cut, which is almost confirmed. This is a very bullish signal for Bitcoin and the crypto market. If this happens, Bitcoin could break its resistance and move higher.
2. January 20 (Donald Trump Oath Ceremony) • Donald Trump’s oath-taking ceremony is another bullish event for Bitcoin. However, don't expect a sudden pump only on January 20. Bitcoin is likely to gain momentum starting from the interest rate cut announcement on December 18, and this momentum could continue until January 20.
⚠️Note: This could also be a "buy the rumor, sell the news" event, meaning there may be some short-term volatility around January 20. A similar pattern happened during the BTC ETF approval, where Bitcoin pumped before the ETF official approval announcement, after the ETF approved everyone thinks that Bitcoin will only pump here but Bitcoin will take a correction for the short term and then again Started to rise. So this scenario is again repeat on the time of Donald Trump Oath Ceremony.
Last night, I mentioned sharing a detailed Bitcoin analysis based on fundamentals and technicals. Here's the update:
➡️Currently, Bitcoin is trading within a range, consolidating and preparing for its next move upward. Technically, Bitcoin is near a key resistance level. I've also identified the major support level, which remains intact. As long as Bitcoin doesn’t close a daily candle below this support, there’s no need to worry—we are still in a bull market.
Bitcoin has tested the resistance multiple times, weakening it. Once Bitcoin breaks this resistance and closes a daily candle above it, we can expect targets of $110K and $125K.
Fundamental Analysis From a fundamental perspective, Bitcoin is highly bullish, and the upcoming weeks could be game-changing. Mark these two important dates:
1. December 18 (Fed Interest Rate Decision) • The Fed is expected to announce a 25 basis points rate cut, which is almost confirmed. This is a very bullish signal for Bitcoin and the crypto market. If this happens, Bitcoin could break its resistance and move higher.
2. January 20 (Donald Trump Oath Ceremony) • Donald Trump’s oath-taking ceremony is another bullish event for Bitcoin. However, don't expect a sudden pump only on January 20. Bitcoin is likely to gain momentum starting from the interest rate cut announcement on December 18, and this momentum could continue until January 20.
⚠️Note: This could also be a "buy the rumor, sell the news" event, meaning there may be some short-term volatility around January 20. A similar pattern happened during the BTC ETF approval, where Bitcoin pumped before the ETF official approval announcement, after the ETF approved everyone thinks that Bitcoin will only pump here but Bitcoin will take a correction for the short term and then again Started to rise. So this scenario is again repeat on the time of Donald Trump Oath Ceremony.
ARKM / USDT 🔹Ascending Channel fornation 🔹Once Price Breakdown here, we will look for Short. 🔹Target can be around 1.5$✅ 🔹However, if Price closes above the channel then, we will look for long. Target can be 2.60$ 🔹Keep an eye on it.