Mohamed Redwan
Open Trade
Occasional Trader
1.8 Years
محلل فني ومتابع لحركة السوق لحظة بلحظة. أشارك تحليلاتي ورؤيتي للسوق بهدف تمكين المتداول العربي من اتخاذ قرارات واعية. #CryptoArabic
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Bitcoin $BTC is moving in a narrow sideways range between $67,000 and $70,000, but the pressure is increasing 🔥
Are we on the verge of a price explosion soon?!
🔼 Resistance:
• $70,000 – Psychological Resistance
• $73,000 – Previous Historical High
🔽 Support:
• $67,000 – Major Support
• $64,500 – Nearby Low in case of a correction
📈 Expected Scenario:
Any clear breakout above $70K with high trading volume could ignite a violent upward movement.
On the other hand, if it breaks below $67K, we may witness a retest of lower support areas.
📍 Watch market news movements and institutional flows. #BTC Bitcoin# #Technical_Analysis#CryptoArabic# #TradersLeague #HotTrends #BinanceSquare #MohamedRedwan_TA
Are we on the verge of a price explosion soon?!
🔼 Resistance:
• $70,000 – Psychological Resistance
• $73,000 – Previous Historical High
🔽 Support:
• $67,000 – Major Support
• $64,500 – Nearby Low in case of a correction
📈 Expected Scenario:
Any clear breakout above $70K with high trading volume could ignite a violent upward movement.
On the other hand, if it breaks below $67K, we may witness a retest of lower support areas.
📍 Watch market news movements and institutional flows. #BTC Bitcoin# #Technical_Analysis#CryptoArabic# #TradersLeague #HotTrends #BinanceSquare #MohamedRedwan_TA
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🔷 Technical Analysis of Ethereum ($ETH ) – Presented by: Mohamed Radwan
📊 Ethereum ($ETH ) shows clear consolidation above the $3,650 level, enhancing the chances of a continued upward trend in the short term.
🔽 Support Levels:
• $3,650 – Critical support to maintain momentum
• $3,500 – Secondary support in case of a correction
🔼 Resistance Levels: $ETH
• $3,800 – Major current resistance
• $4,000 – Potential target if the breakout is confirmed
📈 Likely Scenario: $
As long as the price is above $3,650, the outlook remains positive and we may see a surge towards $4,000.
However, breaking the support keeps the door open for limited corrective decline.
📌 Technical follow-up and adjustment with market movement is the secret to smart decision-making 💡
#ETH #Technical_Analysis #CryptoArabic #BinanceSquare #BinanceFeed
#BinanceSquare
📊 Ethereum ($ETH ) shows clear consolidation above the $3,650 level, enhancing the chances of a continued upward trend in the short term.
🔽 Support Levels:
• $3,650 – Critical support to maintain momentum
• $3,500 – Secondary support in case of a correction
🔼 Resistance Levels: $ETH
• $3,800 – Major current resistance
• $4,000 – Potential target if the breakout is confirmed
📈 Likely Scenario: $
As long as the price is above $3,650, the outlook remains positive and we may see a surge towards $4,000.
However, breaking the support keeps the door open for limited corrective decline.
📌 Technical follow-up and adjustment with market movement is the secret to smart decision-making 💡
#ETH #Technical_Analysis #CryptoArabic #BinanceSquare #BinanceFeed
#BinanceSquare
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استكشف مزيج حافظتي الاستثمارية. تابعني لترى كيف استثمر!
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🔸 Technical Analysis of Bitcoin ($BTC ) – By Mohamed Redwan 🔸
📊 Bitcoin rebounds from the support area of $67,500 and faces strong resistance at the level of $70,200.
🔽 Support Levels:
• 67,500 – Strong horizontal support
• 65,800 – Secondary support in case the first level is broken
🔼 Resistance Levels:
• 70,200 – Psychological level and current resistance
• 72,000 – Previous peak potentially for testing
🎯 Expected Scenario:
As long as the price maintains trading above the level of 67.5K, the possibility of a breakout towards 72K remains. However, if support is broken, we may witness a downward movement in the short term.
📌 Watch the trading volume and daily closing carefully to make informed decisions.
#Bitcoin #Technical_Analysis #CryptoArabic #MohamedRedwan_TA #BinanceFeed #crypto_redwan
📊 Bitcoin rebounds from the support area of $67,500 and faces strong resistance at the level of $70,200.
🔽 Support Levels:
• 67,500 – Strong horizontal support
• 65,800 – Secondary support in case the first level is broken
🔼 Resistance Levels:
• 70,200 – Psychological level and current resistance
• 72,000 – Previous peak potentially for testing
🎯 Expected Scenario:
As long as the price maintains trading above the level of 67.5K, the possibility of a breakout towards 72K remains. However, if support is broken, we may witness a downward movement in the short term.
📌 Watch the trading volume and daily closing carefully to make informed decisions.
#Bitcoin #Technical_Analysis #CryptoArabic #MohamedRedwan_TA #BinanceFeed #crypto_redwan
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