#BTCPrediction I'm watching for a break out of 105050 or bre | Silverfoxwalls on Binance Square

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#BTCPrediction I'm watching for a break out of 105050 or break down of 104350 with high volume👍If it goes upside a sure 1000-2000 move it will give. If downside I'm hoping 99500 for next support. A little consolidation at 102350 is expected. 😎
#BTC  #futures #BTCUSDT 

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Trading: A Mental Game or Just Experience?

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$ETH Buy ETHUSDT perp, Enter - 2020 Target- 2050 SL- 2010

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Trading Strategy Update: Key Levels to Watch After Recent Pivot Top On 27 September, the market made a significant pivot top, marking a potential shift in sentiment and providing traders with crucial price levels to monitor. As we navigate this new phase, the current market dynamics suggest taking a more structured approach to entering long or short positions based on key breakout levels. Key Levels to Monitor: Long Trade Setup: If the price breaks above 66,500, it could indicate renewed bullish momentum. In this scenario, traders should look for long opportunities, as a break above this level could signal that the market is attempting to establish a higher high and resume the uptrend. Short Trade Setup: On the flip side, a break below 64,500 would indicate bearish sentiment, making it a viable entry for short trades. This would suggest the market is losing strength, with sellers taking control and pushing prices lower, potentially targeting further support levels. Why These Levels Matter: The 66,500 resistance acts as a key psychological barrier that, if breached, could lead to a surge in buying activity. This would be the level to watch for those anticipating a bullish breakout. On the downside, the 64,500 support is crucial. If the market fails to hold this level, it could accelerate downward pressure, allowing traders to capitalize on the ensuing bearish momentum. Conclusion: For now, the market remains at a crossroads. Traders should remain patient and disciplined, entering long positions only after the price breaks above 66,500 or shorting if it falls below 64,500. Staying within these parameters will help mitigate risk and ensure you are trading in line with the prevailing trend. Remember, always use appropriate risk management tools, such as stop-losses, to protect your capital, and monitor the broader market environment for additional confirmation signals. $BTC

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BTC/USDT Analysis – September 23, 2024 (21:00 UTC+5:30) In my last update, I suggested a potential long entry for a quick scalp if BTC broke above $64,200. The price did reach that level and went up to $64,700, offering a 500-point move. If you managed to catch that trade, I hope you secured some profits! Currently, BTC has retraced from $64,700 and is consolidating around $63,100. We can consider a short sell opportunity if the price breaks the recent support at $62,950. Short Sell Targets: TP 1: $62,750 TP 2: $62,550 TP 3: $62,350 As always, manage your risk and trade carefully around key levels. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Cryptocurrency trading is highly volatile and can lead to significant losses. Always do your own research and consult with a professional before making any trading decisions. Past performance is not indicative of future results. #BTC☀ #cryptoanalysis #BinanceSquare #BTCUSDT

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