$BTC is currently facing a challenging situation. Key details are highlighted in the provided image, but always conduct your own research for a complete understanding. #xrpetf #BinanceAlphaAlert #btc $ETH $ETH
It’s a bank holiday here today, and staring at these BTC charts nonstop is starting to drain me. Might be wiser to swap the stress for some #PSL2025 action instead at least that match won’t liquidate me!
Sharing my personal view for those watching #ENA closely, This is currently a high-risk trade, suitable only for experienced futures traders. I’m personally in a long position, but I do not recommend entering at this moment unless you’re fully aware of the volatility and risk involved.
Key breakout levels to monitor: 1H timeframe: Needs to break above 0.2966 4H timeframe: Must clear 0.3144 1D timeframe: Major resistance at 0.3644
Until these levels are broken with solid volume and structure, it’s a risky zone. Always trade with a strategy, use stop-losses, and protect your capital.
#BTC needs a healthy correction before its next leg up
Bitcoin is showing signs of exhaustion after the recent rally. To sustain momentum and build a stronger foundation, a retracement towards $82,200 would be ideal. This level could act as a key support zone—offering the perfect launchpad for a bullish bounce back to $89,000.
Smart money buys the dip. Let’s see if the market aligns with this setup.
Bar charts are a powerful tool in technical analysis, essential for understanding price movements over time. 📊 Here’s a simple breakdown:
Each bar represents a specific time period (like a day, hour, or minute) and contains four key price points: 1. Open: The price at the start of the time period. 2. High: The highest price during that time. 3. Low: The lowest price during that time. 4. Close: The price at the end of the time period.
The vertical line shows the range (from low to high), while the horizontal ticks on the left and right indicate the open and close prices.
By studying bar charts, traders can spot trends, understand market sentiment, and make more informed decisions. For example, if the close is higher than the open, it shows a bullish trend, and if the close is lower, it indicates a bearish trend.
Start practicing with bar charts to improve your market analysis skills!
One tweet caused a significant market downturn, leading to a market cap drop to 3.2 trillion in just half an hour. Go and get it but I won’t. End of the day it’s just a meme shit. #TrumpCountDown #JobsBoomVsFed #XRPHits3 #trump $BTC $ETH $XRP