Juliane Demeester rJgj
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Bitcoin fell below $115,000 on August 18 after reaching a fresh record above $124,000 earlier this month.
getty
“All eyes” will be watching Federal Reserve Chair Jerome Powell’s speech on Friday, August 22, for clues to what the central bank’s policymakers will do at their September meeting, after bitcoin suffered a pullback over the last few days, according to analyst Ryan Rabaglia.
The world’s largest digital currency by total market value dropped below $115,000 on Monday, August 18, after reaching a fresh, all-time high of more than $124,000 earlier this month, according to Coinbase data from TradingView.
#BTCPrediction
getty
“All eyes” will be watching Federal Reserve Chair Jerome Powell’s speech on Friday, August 22, for clues to what the central bank’s policymakers will do at their September meeting, after bitcoin suffered a pullback over the last few days, according to analyst Ryan Rabaglia.
The world’s largest digital currency by total market value dropped below $115,000 on Monday, August 18, after reaching a fresh, all-time high of more than $124,000 earlier this month, according to Coinbase data from TradingView.
#BTCPrediction
ETHEREUM UPDATE - Sideways market as of now - let’s wait for a decisive move before taking any trade now.#ETHStakingExitWatch
Exper trade analysis
The 50 EMA is currently acting asa strong support zone for continuation. price must hold above the fibonaeci golden zone. given the indecisive market conditions. it's safer to use low leverage and murgin.#ETHStakingExitWatch
The 50 EMA is currently acting asa strong support zone for continuation. price must hold above the fibonaeci golden zone. given the indecisive market conditions. it's safer to use low leverage and murgin.#ETHStakingExitWatch
BTC SHORT Trade Setup (For Educational Purposes Only)
AS PER OUR DISCUSSION THAT WE HAVE DISCUSSED IN OUR AFTERNOON STREAM
Entry: 122086
Stop Loss: 124554
Target 1: 119657
Target 2: Based on a 1:2 Risk-to-Reward Ratio
Disclaimer: This setup is shared purely for educational and research purposes. It does not constitute financial advice. Please conduct your own research.
Please manage your position accordingly#BTCPrediction
AS PER OUR DISCUSSION THAT WE HAVE DISCUSSED IN OUR AFTERNOON STREAM
Entry: 122086
Stop Loss: 124554
Target 1: 119657
Target 2: Based on a 1:2 Risk-to-Reward Ratio
Disclaimer: This setup is shared purely for educational and research purposes. It does not constitute financial advice. Please conduct your own research.
Please manage your position accordingly#BTCPrediction
#BTCPrediction BITCOIN PRICE ANALYSIS -
1. Strong Resistance Zone
• Price has previously rejected around 119,000 – 120,000 levels (as seen from past candles).
• Current upside move may stall here unless momentum strengthens.
2. Immediate Support Levels
• First support: 116,474 (EMA) → If price rejects from 119k, EMA could provide a bounce.
• Secondary support: 115,000 psychological level.
3. Trend Context
• Recent structure shows a pullback recovery from sub-117,000 levels.
• If bulls push above 119k, momentum could take it toward 120,323 (next resistance).
4. Key Scenarios
• Bullish case: Break and close above 119k → Target 120,300 and potentially higher (121k+).
• Bearish case: Rejection at 119k → Pullback towards EMA 116,474 and possibly 115k.
5. Trading Psychology
• 119k acts as a psychological barrier, where many traders might book profits.
• Shorts may also defend this level aggressively.
1. Strong Resistance Zone
• Price has previously rejected around 119,000 – 120,000 levels (as seen from past candles).
• Current upside move may stall here unless momentum strengthens.
2. Immediate Support Levels
• First support: 116,474 (EMA) → If price rejects from 119k, EMA could provide a bounce.
• Secondary support: 115,000 psychological level.
3. Trend Context
• Recent structure shows a pullback recovery from sub-117,000 levels.
• If bulls push above 119k, momentum could take it toward 120,323 (next resistance).
4. Key Scenarios
• Bullish case: Break and close above 119k → Target 120,300 and potentially higher (121k+).
• Bearish case: Rejection at 119k → Pullback towards EMA 116,474 and possibly 115k.
5. Trading Psychology
• 119k acts as a psychological barrier, where many traders might book profits.
• Shorts may also defend this level aggressively.
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