•From Last 6 days we are seing now massive selling in $BABY Coin Price ( Reason Bitcoin Unstaking from Babylon protocol) but now selling pressure is almost over so potential bounce back expected in it's price🫡
• Right Now it liquidation zone area is 0.0067$ ( also consider it as a local support)
• Strong support near me is 0.0055$.
• but heavy buying & trade without SL Is not recommended ( reason : team not look serious about their project)
Warning : That's just my analysis DYOR Before taking any action🚨🚨
•Right Now Technically its overall structure look bearish... But if it's price grab downword liquidity & SL's & then show potential... Then i will try to build quick long scalp on it with tight SL🚨
Warning : That's just my idea if i take trade i will update.. DYOR🚨
•Right Now Technically & Fundamentally $BTC Overall Structure Look Bearish.
• But at 80k$-78k$ we have massive liquidations.. Also we have local support area.. So if price drop under this range and show any potential then i will try to build long position on it with tight SL🚨
Warning : That's just analysis DYOR Before taking any action🚨
• Right Now technically and fundamentally $BTC Overall structure is bullish🫡
• Currently #BTC Trying to break 87k$ resistance... If its mange to break it then next stop will be around 90k$-92k$ area where may i plan my future short trade on it.
• Right volume is low in #BTC .. So if $BTC Break 87k$ resistance and successfully retest it then still i am not going to build any long position on it.
Warning : That's just my analysis DYOR Before taking any action🚨
• On Lower TF's Price look in Overbought zone... So if Price get rejected from mentioned resistance areas on a chart then quick short Scalp possible with tight SL🚨
Warning : That's just my idea if it works then i will take trade.. In case if you are going to build trade on it then make sure do proper research & also must get confirmation on LTF's🚨🚨
• Keep Your eyes on it... Any Time 15%-30% bounce back expected in its price if market stay little bit stable🫡
Reason : on chain data & technical analysis with market current conditions totally fit with this coin ( according to my analysis)
But without SL Trade is Not recommended... Still if you want to buy it in spot ( without SL)🚨then i will recommend don't use up 10% of your portfolio... No one Knows what will happen next🙈
Warning : That's my idea DYOR Before taking any action🚨
• Technically it's Overall Structure is currently bearish.. But if it's price drop b/w 0.11$-0.095$ and consolidate in a range then with proper SL You are able to build trade on it🫡
• Warning : That's just my analysis DYOR Before taking any action🚨