š Welcome to ranadanialbabar ā your front-row seat to the fast-paced world of crypto!
š§ Breaking down blockchain, Bitcoin, DeFi, altcoins & more
š Price has been in a strong upward move with consistent green candles, but now showing signs of slowing momentum near the 2.810 resistance zone.
ā Long Setup (Breakout Play)
š Entry: Above 2.815 (confirmed breakout)
šÆ Targets:
⢠TP1: 2.835
⢠TP2: 2.855
⢠TP3: 2.880
š” Stop Loss: 2.795
ā Short Setup (Rejection Play)
š Entry: Below 2.795 (confirmation of rejection)
šÆ Targets:
⢠TP1: 2.780
⢠TP2: 2.765
⢠TP3: 2.750
š” Stop Loss: 2.815
ā Note: Watch volume ā a breakout above 2.815 with strong buying volume could trigger quick upward momentum, while failure to hold 2.800 may lead to a pullback.
š BTC/USD Signal ā Potential Breakdown Incoming š
Bitcoin is showing clear weakness with consistent lower highs and lower lows on the 1H chart. Momentum is fading and volume is thinning ā a potential breakdown could be imminent.
š° Current Price: $113,450
š Timeframe: 1H
š» Bias: Bearish
š Short Signal
Entry Zone: $113,450 ā $113,600
Stop Loss: $113,950 (above recent lower high)
Targets:
TP1: $113,000
TP2: $112,600
TP3: $112,200
š Confluence:
Weak bounce attempts
Rising sell volume
No strong support below $113,000 until $112,200
Caution: Wait for confirmation below $113,400 for safer entry.
Ethereum delivered in style! š From the breakdown point, ETH sliced through every target like butter:
ā Target 1: 3700 ā HIT
ā Target 2: 3640 ā HIT
ā Target 3: 3520 ā HIT
šØ Current Price: 3521 ā bears are still lurking and momentum favors the downside.
But this is not the endā¦
ā ļø Eyes wide open ā further weakness could open the doors to 3400 and beyond.
Ride the wave ā ETH volatility is a traderās best friend! ā”
RanaDanialBabar
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Bearish
š ETH/USD ā Lower High Rejection Play (1H TF)
Entry Zone: $3,790 ā $3,800
Current Price: $3,790.62
šÆ Target 1: $3,700
šÆ Target 2: $3,640
šÆ Target 3: $3,520
š Stop Loss: Above $3,825
Reason: ETH showing signs of a lower high after recent bounce, with waning momentum and weak follow-through. Bearish candles forming near resistance zone, suggesting possible downside move.
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