المقاومة

Performance update #البيتكوين‬⁩ hours coming
Includes: $BTC / $USDT $PAXG /BTC $USDT.D
- Starting from USDT.D acquisition #الدولار
It is close to the end of an upward trend, as it encountered the 5.20% resistance area and formed a negative head and shoulders pattern for us. The targets are shown on the chart. The point of failure of this descent: breaching the 5.20% resistance.
-Secondly we have PAXG/BTC
He gave us three peaks from the same resistance area, which confirms the strength of this area. We expect and expect it to descend to the following targets on the chart. Point of failure for this descent: penetration #المقاومة 0.03947
- Thirdly, BTC/USDT
Coinciding with the negative targets for the previous pairs, we expect BTC to rise to the following targets on the chart, especially since BTC confirmed its stability above the support point 60212.71. The failure point of this rise: breaking the support 60212.71. When we say penetration or breakout, we mean always closing on a 1D or 3D frame.
#ETFvsBTC #solana

The importance of support and resistance levels:
Support and resistance levels are used by traders to make buying and selling decisions.
For example, a trader might buy a cryptocurrency when it falls to a support level, hoping that the price will rise again.
On the other hand, a trader may sell a cryptocurrency when it reaches a resistance level, hoping that the price will fall.
note:
Support and resistance levels are not always foolproof and can be broken.
It is important to use support and resistance levels along with other technical indicators and fundamental analysis when making investment decisions.
$BTC $ETH $BNB
#Binance #الدعم #المقاومة