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$BTC Bitcoin is currently at a key resistance level. As shown in the chart, BTC previously formed an ascending triangle pattern, broke out of it, and is now forming another similar ascending triangle. The price has been moving within this structure, fluctuating up and down, and is currently testing the upper boundary.
From this point, if a strong bullish candle appears and confirms a breakout above the resistance, the uptrend is likely to continue. However, if the price faces rejection at this level, the market could shift back into a bearish trend once again.
#BTC #tehnicalanalysis
From this point, if a strong bullish candle appears and confirms a breakout above the resistance, the uptrend is likely to continue. However, if the price faces rejection at this level, the market could shift back into a bearish trend once again.
#BTC #tehnicalanalysis
$BTC Losing $75,000 on a daily closing basis would be a cause for concern, However, the weekly close is the most vital metric; if Bitcoin closes the week below $75,000.l,the current bullish structure would be compromised.Falling below $75,000 tends to "shake up everybody's emotions," causing panic #BTC #tehnicalanalysis
$SOL is stuck in a range-bound condition. Its upper range is 96, and its lower range is 76.
As long as it doesn’t break either the upper or lower band, it remains in this range.
If it breaks the upper band with strong volume and a large candle, then a buy position should be taken.
If it breaks the lower band with strong volume and a large candle, then a short position should be taken.
If it continues to stay within this range-bound condition, then small trades can be taken within the range. #SolanaUSTD #solanAnalysis
As long as it doesn’t break either the upper or lower band, it remains in this range.
If it breaks the upper band with strong volume and a large candle, then a buy position should be taken.
If it breaks the lower band with strong volume and a large candle, then a short position should be taken.
If it continues to stay within this range-bound condition, then small trades can be taken within the range. #SolanaUSTD #solanAnalysis
sol...don't buy sol at this stage unless and untill sol monthly candle becomes green.it is time to short sol but must with caution ,if you have 100 dollar account for example you should short sell 1 sol and then wait if Ur trade does not work well ,wait and short another 1 sol when price reached 95.. enjoy $SOL
#solana #BTC
#solana #BTC
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