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Cryptocurrrency

What does Bitcoin want to do? 👇👇👇BINANCE:BTCUSDT 🔎As we expected in the previous analysis, Bitcoin hit the first target and broke into the cheap area in the weekly time frame, and we had a return, but this is not enough to continue Bitcoin's movement . 🔑 At this time, it needs a daily candle above 68,241 with close 🔻 on the other hand , as you can see, Bitcoin has changed its 4h time frame structure to sell after moving up, Bitcoin is expected to make another downward movement for the levels of 60,775 and 59,000. I will update this analysis
Short
by hojatbyt
2
🟢 DOT Trade Plan: Breakout and Retest Strategy 📈🚀🎯 Entry Point: Long spot trade at the break and retest of $10.00 resistance on a 4HR candle. 🎯 Take Profit Levels: First target: $11.30 - $12.00 Second target: $16.00 - $17.00 🛑 Stop Loss: Just below $9.50 to manage downside risk. 📊 Strategy Rationale: Taking advantage of breakout momentum with a confirmation retest strategy. Targets set at key resistance levels for potential profit-taking. Tight stop loss to manage risk in case of a reversal. 📉📈 Note: Monitor price action closely for confirmation and adjust strategy accordingly. #DOT #TradingStrategy #Breakout 🟢📊
Long
by Richtv_official
SOLUSD Neutral Outlook CRYPTOCAP:SOL is at a unique point in its recent breakout. As you can see with the blue lines we broke out of a bull flag recently. This move has since shown higher lows and higher highs being put in. The yellow line is the current uptrend and unless it is invalidated this may be a good entry for the bulls. Otherwise the bears can look for their opportunity when the yellow trend line is broken and we push lower. As always manage your risk and ask questions!!
COINBASE:SOLUSD
by Mustangsvt281
Stellar and Compound Breakout OpportunitiesAs you can see on the weekly charts, both XLM and COMP have formed inclining breakout patterns. If the current bitcoin support holds, this could be an opportunity for smaller coins to make massive runs, and these two coins are some of my favorites. They are far off from all-time highs, but the bearish trend has stopped for both and they seem to be emerging into a strong uptrend. I have indicated potential targets on the charts as well. Good luck!
Long
by Investor4321
GMXUSDT Faces Retest of Weekly Resistance: Breakout or RejectionGMXUSDT is poised for a retest of a critical resistance level on the weekly chart at $59.3517. This resistance zone has been tested seven times on the daily chart, with the last two attempts accompanied by decent buying pressure. Technical Analysis: Resistance: $59.3517 (Weekly) Support: $40.1870 Volume: Increased buying pressure on recent touches of resistance Key Observations: GMXUSDT is approaching a crucial resistance level on the weekly chart. A breakout above this level could signal further upward momentum. The repeated tests on the daily chart, particularly with the recent buying pressure, suggest a potential upcoming breakout. If the price manages to overcome the resistance, the next resistance level on the daily chart is $71.745. Conversely, if the price fails to break above resistance, it could find support at $40.1870. Conclusion: The upcoming price action for GMXUSDT hinges on its ability to overcome the key weekly resistance level. A successful breakout could lead to a surge towards $71.745, while a rejection might trigger a pullback towards the $40.1870 support zone. This information is for educational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions.
Long
by behnoudt
AUDIO/USDT Secondary trend. Channel 0.16. Correction -96%From the distribution zone (hype), the price dropped to the $0.16 level, from which it was previously pumping +2370. At the moment, the price is squeezed at the support of the channel of 5 weeks. Recall that we are talking about the weekly time frame. Here is how this altcoin looks like on a linear price chart . My previous teaching/work idea. I published it then in the distribution (HYIP, selling) area of phantom +666% of the average accumulation price. AUDIO/USDT Psychology. Accumulation. Distribution. Local fractal. Probably, at the moment it is more interesting to work with this crypto-fantik in the long, than earlier on the price values +666% in the distribution area.
Long
by SpartaBTC
30
46 by May 2024MARA has been accumulating for a long time now. We saw a sign of strength with the last pop to 31, and then a retest/higher low. Now its gearing up to markup to 46 by end of April 2024. - Breakout level is 21 - Initial target = 35-38 by early March 2024 (before earnings) - Watch out for possible resistance around 25-27, but should break through it easily - After initial target is hit we will see a small pullback before running to 46 (goal target) by May 2024. ~The black arrow/path is my forecast to initial target.
NASDAQ:MARALong
by JerryManders
20
14th Feb - Anticipated important daily and weekly levelsPlease take a look to previous (13th Feb.) daily levels. Link provided in the end of this post. Please pay attention this is BYBIT:BTCUSD.P on 1 hour timeframe. I will keep posting these daily and weekly levels everyday, please use these levels as a tool for making your decisions or managing your positions. These are anticipated support and resistance levels, and their reliability depends on their timeframe, therefore, weekly levels are stronger than daily levels. Daily levels: These levels are valid for 1-2 days from the day of this post. Weekly levels: These levels are valid for this week and maximum next week Please update the chart with the actual price of BTCUSD to see the reaction of price to anticipated levels.
BYBIT:BTCUSD.P
by Rezakaz