Edw Crypto
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#1000CATUSDT
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Did you enjoy it?
How was the pump?
Want more like this!!!
Just follow the 788 Rules
See my first post!
See original
Ape is going down
APE is currently trading at $1,436, indicating a -8.94% decline in the last 24 hours. It reached a peak of $1,649, but a quick sell-off has taken it to a low of $1,423, testing a critical support zone. Volatility is increasing, and a big move could be coming soon.
💡 KEY LEVELS TO WATCH: 💡
Resistance: $1,523 – A break above this could trigger a rally towards $1,649.
Support: $1,423 – If APE breaks this support, the next target could be $1.38 or lower, indicating further downside risk
#ape #apeusdt
APE is currently trading at $1,436, indicating a -8.94% decline in the last 24 hours. It reached a peak of $1,649, but a quick sell-off has taken it to a low of $1,423, testing a critical support zone. Volatility is increasing, and a big move could be coming soon.
💡 KEY LEVELS TO WATCH: 💡
Resistance: $1,523 – A break above this could trigger a rally towards $1,649.
Support: $1,423 – If APE breaks this support, the next target could be $1.38 or lower, indicating further downside risk
#ape #apeusdt
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Bitcoin’s next potential big move suggests a mix of excitement and caution as BTC approaches the $70,000 resistance level. The scenario presented outlines a possible trajectory for Bitcoin, with several key points:
1. Resistance at $70,000: The next major hurdle for Bitcoin is $70,000. A break above this level could spark an explosive rally, potentially pushing BTC past $100,000, with $101,825 as the primary target.
2. Correction Before Breakout: Before reaching this high, the chart hinted at a possible correction, with a significant drop to around $40,213. However, this drop could be seen as a buying opportunity, allowing traders to enter at a discount before the next major rally.
3. Fibonacci Levels: The chart shows significant Fibonacci retracement levels at $48,421 (support) and $57,392, which could help guide price action. The bullish extension at 1.618 (around $101,825) further suggests a potential post-breakout target.
4. Historical Context: Bitcoin’s past trends, such as the 40% correction before the 400% rally in 2017, support the possibility of another major rally after the anticipated drop. History shows that major corrections can precede a major rally.
5. Timeframe for $100,000: Analysis predicts that this rally could occur between mid-2025 and early 2026. The rally may not happen immediately, but the long-term upside potential is significant.
6. Buy the Dip Strategy: For experienced traders, a correction to $48,421 or below could offer an ideal entry point for a long position before Bitcoin potentially skyrockets.
#BTC☀ #TipsTradingFutures #CryptoExplorerFiesta
1. Resistance at $70,000: The next major hurdle for Bitcoin is $70,000. A break above this level could spark an explosive rally, potentially pushing BTC past $100,000, with $101,825 as the primary target.
2. Correction Before Breakout: Before reaching this high, the chart hinted at a possible correction, with a significant drop to around $40,213. However, this drop could be seen as a buying opportunity, allowing traders to enter at a discount before the next major rally.
3. Fibonacci Levels: The chart shows significant Fibonacci retracement levels at $48,421 (support) and $57,392, which could help guide price action. The bullish extension at 1.618 (around $101,825) further suggests a potential post-breakout target.
4. Historical Context: Bitcoin’s past trends, such as the 40% correction before the 400% rally in 2017, support the possibility of another major rally after the anticipated drop. History shows that major corrections can precede a major rally.
5. Timeframe for $100,000: Analysis predicts that this rally could occur between mid-2025 and early 2026. The rally may not happen immediately, but the long-term upside potential is significant.
6. Buy the Dip Strategy: For experienced traders, a correction to $48,421 or below could offer an ideal entry point for a long position before Bitcoin potentially skyrockets.
#BTC☀ #TipsTradingFutures #CryptoExplorerFiesta
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