Currently, $BTC is holding above its trendline, which has already been tested twice. These trendline breaks could potentially be liquidity sweeps. Based on my personal experience, I anticipate a short opportunity at this point.
However, please note:
This is not financial adviceāthese are my thoughts and insights derived from my analysis and trading experience. Always conduct your own research before making any decisions.
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COIN NAME : $DODO Channel Up identified at Dec 14, 0:00 UTC. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.2852 within the next 17 days.
Price is in an Uptrend. It shot up to $143 where it got very overbought (RSI > 90!) and rejected. We would be buyers on pullback to $96 support, with +30% upside potential back to $125 next. Stop Loss at $87
Price broke through prior ATH of $0.23 and shot up 100% to $0.45, got very overbought (RSI > 90!) and pulled back. Gaps get filled!, which means that when a price gaps up massively, it usually retraces back most of that big green candle before it can advance again. We would be buyers near $0.23 support with +30% upside potential back to $0.30 or even $0.45 (ATH). TRON is a killer protocol, fundamentally very strong, carries a ton of transaction volume especially in stablecoins (TRC20...)
Price is in an Uptrend. It got rejected near $2.50 resistance once and it's approaching it again. Now we look for the right entry opportunity in Uptrend. We wait for price to either 1) break above $2.50 to signal continuation of uptrend, with +40% upside potential to $3.60 next, or 2) pullback near $1.50 support area, which also lines up with a 200-day moving average, and could be an attractive swing trade entry with +30% potential upside to $2.00 or even $2.60. Stop Loss at $1.27.
We Gives Already Warning to Everyone About this ! I Hope Everyone safe - Now $BTC Will Go to 2nd Supporting Zone Which is on 86K$ & third Supporting Area for $BTC is 75K$ - Stay Avoid from these Trades till this weekends
Bullish breakout from Ascending Triangle, above $2.00 key level, signaled resumption of Uptrend. Price also broke above $2.50 to signal continuation of uptrend, with +20% upside potential to $3.00 or even $3.40 next.
Bitcoin (BTC) Market Analysis: A Strategic Overview
Bitcoin (BTC) Market Analysis: A Strategic Overview
Bitcoin, the pioneer cryptocurrency, continues to showcase its volatility as it trades at $96,000, inching closer to the highly anticipated $100,000 mark. With its all-time high (ATH) set at $99,588, market participants are watching closely to see if BTC can break this psychological barrier or if sellers will dominate the scene once again.
Market Outlook: A Tug of War Between Buyers and Sellers
BTC Current Price: $96,000 All-Time High (ATH): $99,588 Market Target: $100,000 (yet to be reached)
Market Dynamics
Buyers' Sentiment:
Currently, buyers are showing interest, keeping BTC on a strong trendline. This optimism suggests they are actively purchasing, especially as the price hovers above the trendline.
Sellers' Strategy:
In my opinion, sellers are positioning themselves for a significant move to po
$BTC Current Price: $96,000 All-Time High (ATH): $99,588 Market Target: $100,000 (yet to be reached)
Market Dynamics
Buyers' Sentiment:
Currently, buyers are showing interest, keeping #BTC on a strong trendline. This optimism suggests they are actively purchasing, especially as the price hovers above the trendline.
Sellers' Strategy:
In my opinion, sellers are positioning themselves for a significant move to potentially crash the market again. This ongoing battle between buyers and sellers creates an exciting yet volatile market scenario.
#Bitcoin is currently holding its trendline, making it appealing to buyers. However, this same trendline might serve as a trap, with sellers potentially pulling prices lower again.
$BTC appears weak at the moment. Sellers might capitalize on this weakness, leading to a market correction.
Haxno's Trading Plan
Strategy: SHORT Stop-Loss: Place your stop-loss at $101,500 to manage risk. Reason: BTC's weak momentum and potential for a bearish move suggest better opportunities on the downside. Profit Potential: Significant profits could await as #BTC nears lower support levels.
ā ļø Disclaimer:
This is not financial advice. The analysis shared here reflects market observations and trends. Always conduct your own research and trade responsibly. Investments carry risk; only invest what you can afford to lose.