$BTC Technical Analysis from 4Hour chart 1. Candlestick Patterns Say Pattern- A bullish engulfing candle appeared after the price retraced to the support level around 105,800$ which may push toward a potential bullish reversal. A hammer candle formed at the same support level, reinforcing the likelihood of a bullish bounce. 2. Technical Indicator's Say RSI-Moving around the level of 40's, indicating market is neither in overbought nor at oversold conditions, providing room for movement in either direction. MACD Indicator- Shows a potential bullish crossover which may support positive momentum in hours to come 3. Support and Resistance Levels Say Support- A strong support level(105800$) that has been recently tested. Resistance- A nearby resistance level(106800$) that the price may test if the bullish momentum continues. Conclusion in Nutshell- Bullish Scenario- If the price continues to hold above the support level of 105,800$, we may see an attempt to break the resistance at 106,800$, which might open the way to higher levels such as 108,000$. Bearish Scenario- If the price breaks below the support level of 105,800$, it may test lower support levels such as 104,500$.
#TradingTypes101 1. Hammer Candle Appears at the end of a downtrend and indicates a potential reversal towards the upside. 2. Hanging Man Candle Similar to the Hammer but appears at the end of an uptrend, which may indicate a reversal towards the downside. 3. Doji Candle Indicates a state of indecision in the market, where the opening and closing prices are very close. 4. Bullish Engulfing Candle Consists of two candles, where the second bullish candle engulfs the body of the first bearish candle, indicating a potential price rise. 5. Bearish Engulfing Candle The opposite of the bullish engulfing, indicating a potential price drop. 6. Morning Star Pattern Consists of three candles and indicates a reversal from a downtrend to an uptrend. 7. Evening Star Pattern The opposite of the Morning Star, indicating a reversal from an uptrend to a downtrend.
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$BNB is a cornerstone of the Binance ecosystem, renowned for its versatility and utility. It has demonstrated reliable growth, driven by its practical uses and Binance's dominant position. Is $1.2k possible in 2025?
$SOL The trading volume of reached two billion US dollars in the past twenty-four hours. They have outperformed Solana and Ethereum, and have remained at the forefront for a long time. is characterized by its projects built on it. With the release of Binance Alpha 2.0, the trading volume of will increase even more. Get ready for a big surge with.
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$ETH $ if the last HTF candle closed above the trend line it can be a bullish momentum for Ethereum this alt coin is giving us a bear trap ! as you can see that the Trump son is currently onged ETH ..it means something big us going to happen now ! will be the market go to moon ! Ethereum has been bought by usa govt more and more means it will be a strong future coin for us sooon 5000$>>>
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