I don't see a bullish pattern there, it could easily go down to 60 thousand!
Pampa1
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🚀 Bitcoin's Bullish AB=CD Pattern: Key Levels to Watch! 📈
$BTC
Hey Binance Square family! 🌟 Let's dive into the latest on Bitcoin (BTC) and explore the bullish AB=CD pattern that's catching everyone's attention. 🧐 Understanding the AB=CD Pattern The AB=CD pattern is a classic harmonic formation that helps traders identify potential reversal zones in the market. It consists of two equal-length price movements (AB and CD) and is often used to anticipate bullish or bearish reversals.
Current BTC Price Action
As of now, Bitcoin is trading at $81,472, with an intraday high of $81,949 and a low of $76,749. This movement aligns with the formation of a bullish AB=CD pattern, suggesting a potential continuation of the upward trend.
Key Levels to Monitor
Support: The crucial support level to watch is $79,940. Maintaining above this level could reinforce the bullish momentum.
Resistance: The immediate resistance is at $81,765. A sustained move above this could open doors to higher targets.
Potential Downside Targets
If Bitcoin fails to hold the support at $79,940, we might see declines towards:
$78,724
$77,772
$76,560
$73,059
Risk Management Tips
Given the inherent volatility in the crypto market, it's essential to:
Set Stop-Loss Orders: Protect your investments by defining clear exit points.
Monitor Market Sentiment: Stay updated on macroeconomic events and news that could impact BTC's price.
Seek Confirmation: Look for additional signals before making significant trading decisions.
Remember, while the AB=CD pattern offers valuable insights, it's crucial to combine it with other analysis tools and stay informed about market dynamics. Happy trading, and may the odds be ever in your favor! 🚀🔍
#TradingAnalysis101 is a shame for those who are waiting for the famous altseason! But that phase has already passed and ended at the end of January! So the chart studies and others by traders are nothing more than fallacies! If you are going to enter, I only see the option to hold long-term and do the famous staking that the application offers! If you don't have knowledge and patience, this is not for you! Regards!!
$BTC The era has arrived in which cryptocurrencies are no longer decentralized! Those years when they were more controlled by ordinary users and not companies and big magnates are gone, they are over! Now we find that a large number of coins from any project are controlled by governments and companies that move everything like a puppet, and retailers have to work harder to understand and study the movements and run in the same direction of this immense sea of blood!
But the Argentine brothers like to be robbed by a man who only does and says pure nonsense
Bhatti-Confidential
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👀 LIBRA Scandal Could Cost Milei His Career
1️⃣ Argentinian opposition threatens impeachment after LIBRA’s $4.5B crash 2️⃣ Milei launches investigation into the very token he allegedly supported 3️⃣ The team behind LIBRA says Milei promised backing, then flipped - lol
Imagine getting rugged so hard it becomes a political crisis 😲#TraderProfile
🚀 Altseason 2024 is HERE – Get Ready for Explosive Gains!🚀
🔥 History repeats itself: - 📉 In 2021, $BTC dropped 12%, and alts exploded shortly after. - 💰 I turned $512 into $231,195 with the right alts. - 🕒 This time, alts could explode in 9 days!
💡 Why now? - 🌍 Market correction triggered by US economic tensions(Mexico, Canada, China). - 🕊️ Trump suspended tariffs for Mexico, signaling potential agreements with others. - 🐻 Bear trap shook out weak hands, creating the perfect setup for altseason.
🎯 7 Low-Cap Gems Poised for 1000x Gains:
1️⃣ @GetTrumpMemes | $TRUMP | MC: $3.79B - 🚀 The official Trump memecoin – expect massive pushes from Trump himself. - 💎 A correction dip is the perfect entry point.
2️⃣ @AIV_Companions | $AIC | MC: $261.12M - 🤖 A top AI-based project with a strong team and tech. - 📈 Already showing strength – primed to lead in altseason.
3️⃣ @FartCoinOfSOL | #FARTCOIN | MC: $829.94M - 🌟 The top AI agent on Solana, outperforming competitors. - 🚀 Demonstrated resilience during the correction – ready to explode.
4️⃣ @arcdotfun | $ARC | MC: $271.28M - 🧠 AI is the 2024-2025 trend – this token is a must for diversification. - 🤝 Strong partnerships and upcoming listings = massive potential.
5️⃣ @HyperliquidX | $HYPE | MC: $8.5B - 🔒 A secure L1 blockchain revolutionizing DeFi. - 💡 Empowers traders with innovative tools – a future leader.
6️⃣ @JupiterExchange | $JUP | MC: $2.42B - 🌐 Solana infrastructure is a Tier-1 mid-cap trend. - 🚀 Short-term and long-term potential – don’t miss out.
7️⃣ @SuiNetwork | $SUI | MC: $11.19B - 🏆 A top L1 blockchain backed by Eric Trump. - 🔥 Could surpass $SOL this altseason – huge upside.
💎 The Bottom Line: - 🕒 Altseason is coming – don’t wait until it’s too late. - 🚀 Load up on these low-caps before the rally begins. - 💪 HODL strong – the rewards will be life-changing.
Rune is a good project, but if you don't know it, it's because you haven't researched it.
Lissyx89
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I have not bought #Rune but I was struck by the bleeding I saw in its chart. I have no idea if it is a good project or if it is the same sh*t as #pengu . Here I leave the liquidity map and brutal how it went to hell
I agree, I personally invested and have 1000 coins, although I have faith in it, to be honest, I did it more with the intention of supporting the industry that I am a fan of.
I don't understand why most newcomers to the topic insist on continuing to buy that garbage coin! There are so many serious projects, they just don't study!
Zaip
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I start feel my biggest mistake , Because i bought 74$ 2 coins then its fall to 40 and i want to make low my average and i bought 6 more coins my average cost is 41$ but the coin is in 19 18 now I don’t know if its worth more to trust
Don't complain about the movements and losses you have as a result, just because you don't study or have the patience, nothing is lost until you sell it poorly!
gerberita
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I sold all my coins when I saw that 98% of my profits had been consumed! I'm a newbie, I wasn't going to risk losing my capital! If it drops more, I'll buy on the dip! Damn market. And #trump that damn coin went crazy and affected everyone…
Something big for altcoins has just started and they are already thinking about liquidating and jumping ship! They still have in their hands to make better profits or leave with the minimum and regret it later! #BTCBackto100K #DollarRally110 $XRP $SOL $BTC