What you guys think of My Analysis? Do think it will Break above The High-Violet Line to continue to be bullish? Or it will Fall to Start Bearish?. Its Troubling Right?
GnarV_03
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🤷 Undecided wether to BUY,SELL or HOLD?
🚨Market Alert: BTC & Altcoins at a Decision Point
A crucial moment is unfolding in the crypto market. Bitcoin is showing signs of indecision — and this could significantly impact altcoins as well.
❓Sell, Hold, Buy — or Wait? After closely studying the BTC/USDT 1D chart, here’s what I’ve found: 📍The market is at a decision zone.
🔹 BTC is now moving between two major technical structures:
🟣 Violet Line – Key resistance/support
🔵 Blue Channel – Long-term momentum path
📐 (Note: All lines are cloned with identical angles — no deviation, ensuring accurate trend mapping.)
🔍 The highlighted circles on the chart indicate historical reaction points — zones where price often bounced or paused. BTC is now approaching similar levels again.
🧭 So what’s the next move?
📌 Wait and Watch! We’re sitting between a possible breakout or breakdown zone.
A break above the violet line could signal continuation along the bullish blue trend
A rejection may lead BTC to retest lower support levels in the violet structure
👉 Let price confirm the direction — then act accordingly.
💡 Found this helpful?
👍 Smash that Like to support quality analysis 💬 Comment your take — bullish or bearish? 🔔 Follow for real-time insights — I don’t chase hype, I read the charts and share what matters.
📊 I analyze structure, track patterns, and break it down so you can trade smarter — not louder.😉