Skander19
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$BTC
Chart Analysis
Suppose we are observing the 4-hour chart on Binance.
General Trend:
🔹 BTC is following an upward trend with higher highs and higher lows.
🔹 It is moving between $80,000 (support) and $85,000 (resistance).
Identification of Supports and Resistances:
✅ Support: $80,000 (zone where BTC has bounced several times).
✅ Resistance: $85,000 (zone where BTC has been rejected several times).
Potential Breakout:
🔹 If BTC breaks $85,000 with strong volume, we can expect a rise towards $90,000.
🔹 If BTC breaks $80,000 downwards, it could drop towards $75,000.
Chart Analysis
Suppose we are observing the 4-hour chart on Binance.
General Trend:
🔹 BTC is following an upward trend with higher highs and higher lows.
🔹 It is moving between $80,000 (support) and $85,000 (resistance).
Identification of Supports and Resistances:
✅ Support: $80,000 (zone where BTC has bounced several times).
✅ Resistance: $85,000 (zone where BTC has been rejected several times).
Potential Breakout:
🔹 If BTC breaks $85,000 with strong volume, we can expect a rise towards $90,000.
🔹 If BTC breaks $80,000 downwards, it could drop towards $75,000.
See original
Never invest more than you can afford to lose.
Always use a stop-loss (e.g., place a stop 5% below your purchase).
Diversify your portfolio to reduce risk.
Always use a stop-loss (e.g., place a stop 5% below your purchase).
Diversify your portfolio to reduce risk.
See original
The price of organic will fluctuate between a slow rise and fall, then it will suddenly increase to around 1.2, then it will stabilize at a price of 0.7.
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