forex, stocks... are strongly affected by the trading session. while cryptocurrencies occur 24/7 are less affected, right?
GiangBh Crypto
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Although there isn't much new compared to this morning, the European and American sessions are coming up, so friend G updates in both directions for you all to know and have guidance 💥💥 Both directions are because, regarding macro news, everything is okay, there's no unfavorable news for the coin market today, but market news shows that a Whale has appeared with 2 S orders. Therefore, keep an eye on the thresholds that friend G has mentioned below, everyone. The market shaking, going up and down is normal. Our job is to remain calm and not to chase orders; we will only act when we are sure!!!
BTC/USDT chart on the 4H timeframe: 💥 The price has risen past the threshold mentioned by friend G this morning and has reached a new peak of 94,521, but the volume is low and is creating a candle shadow on top => a sign of selling pressure. RSI(14): 80.10 – overbought zone, potentially indicating a short-term correction. MACD: Still increasing, DIF continues to widen compared to DEA – the main trend is still upward. 💥 Strong resistance: 94.5 – 95 (has been rejected 2 times). Nearby support: EMA13: ~90,713 EMA50: ~86,934 EMA200: ~84,997 If it breaks EMA13, it may test the area of $89,700–$90,100. Conversely, if it holds, it may continue to test $95,000 and further to $96,800–$98,000.
💥 Note: I am only writing personal opinions for you to follow and gain more information and reference perspectives. This is not investment advice and there is no group or copy link for you all!!! This season's market is sensitive, all opinions are short-term!
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