BitcoinTargets

🚨 Market Breakdown - CME Gap, Contracting Triangle & Key Zones in Play! 🚨

The price action is heating up as we approach a Heavy Resistance Zone near 1273000.00. This level aligns with a CME Gap and the upper boundary of a Contracting Triangle — a classic setup for potential rejection or breakout!

🔺 Resistance Zone Alert:

CME Gap + Contracting Triangle = Strong overhead pressure

Zone: 1273000.00

Potential for sharp rejection or explosive breakout

📉 Short-term Bearish Bias (Damulettow Short i Season Lavers):

Bears may look to defend this level heavily

Watch for fakeouts and wick traps

🛡️ Support Zones to Watch:

Cumulative Long Liquidation Level:

102,900.00 — high interest zone where leveraged longs might get flushed

Primary Demand Support Zone:

101,700.00 - 100,000.00 — strong historical buy zone, may act as a bounce point

🎯 Strategy Outlook:

Short near resistance if rejection confirmed

Long entries possible near 101,700 if strong support holds

Eyes on volume spikes and liquidation events for real-time signals

#CryptoStrategy #BinanceAnalysis #CMEGap #TradingZones #BitcoinTargets
$BTC

🚀 Bitcoin ($BTC ): Updated Targets with Stop-Loss, Timeframes & Indicator Strategy 🚀

💎 Current Price: $98,250 (as of Dec 25, 2024)

🎯 Trading Plan: Key Targets & Stop-Loss

Short-Term (1-3 Days):

Target 1: $99,800

Target 2: $100,500

Stop-Loss: $96,800

Mid-Term (1 Week):

Target 1: $102,000

Target 2: $104,500

Stop-Loss: $95,500

Long-Term (1 Month):

Target 1: $110,000

Target 2: $115,000

Stop-Loss: $92,000

🔥 Analysis Using Key #Indicators :

1️⃣ RSI (Relative Strength Index): Currently near 60, indicating room for upward momentum before hitting overbought conditions.
2️⃣ MACD (Moving Average Convergence Divergence): The MACD is showing a bullish crossover, supporting potential upside in the short-term.
3️⃣ Volume Analysis: Increasing trading volume near key support levels suggests buying pressure is strong.
4️⃣ Fibonacci Retracement Levels: Bitcoin has recently bounced off the 61.8% level, signaling a likely push toward higher targets.

🔑 #Strategy :

Trend Following Strategy: The combination of RSI, MACD, and Volume signals suggests that the bullish trend is intact.

Support/Resistance Strategy: Focus on key levels ($96K, $99.5K, and $100.5K) for entry and exit points.

💡 Pro Tip: Use a Trailing Stop to lock in profits as Bitcoin continues to rise. Set your stop-loss orders dynamically as the price increases.

👉 Follow Live Updates: Track BTC on Binance

⚡ Bitcoin is poised for a big move—position yourself wisely and trade with confidence! ⚡

#BitcoinTargets #BTCNextMove #CryptoIndicators