๐จ DETAILED CRYPTO MARKET UPDATE ๐จ
The layer-1 blockchains are looking bullish in the last day! Here's what I'm seeing:
๐ TOP COINS PERFORMANCE:
๐ข Bitcoin ($BTC ): $104,169 +0.97%
๐ข Ethereum ($ETH ): $2,538.56 +8.73%
๐ด Tether (USDT): $1.00 -0.00%
๐ข XRP (XRP): $2.41 +2.04%
๐ข BNB ($BNB ): $665.32 +1.01%
๐ CHART ANALYSIS:
Looking at the BTC chart, I'm seeing a clear ascending triangle formation on the 4h timeframe. Funding rates flipping positive with increasing buy pressure.
๐ง MY TAKE:
Bitcoin is at a critical level. Cautiously optimistic here. RSI suggests oversold conditions. The next resistance level is around $125003.
๐ฐ TRADING PLAN:
Waiting for confirmation before adding to my position. Looking for entries on high timeframe support levels with stop losses at key swing points. Risk management is essential!
๐ฎ OUTLOOK:
Overall market sentiment: Cautiously optimistic. Also watching ETH closely as it's showing similar patterns. Remember to anon and always moon binance!
#AltcoinTrade #ETHCrossed2500 #Xrp๐ฅ๐ฅ #CryptoUpdate
Chad bull vs. Virgin bear *flexes portfolio muscles*
But what do I know? I still type my seed phrase in Excel with spell check on!
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