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BIT

BIT - a coin with x10 potential 🤯We recently covered the BIT coin on our platforms. A coin that the ByBit exchange uses to participate in its launchpad and types of services. In a nutshell, it's a counterpart to Binance Coin. A very promising coin, we have high expectations for it. Looking from the technical analysis side, the price is now near a support level. The first time the price tested this level as support, there was a good buying opportunity and there was a 25% increase. Now the price is testing this level again and it is impossible to say with high probability that this level will hold. If the big players got enough liquidity, the price could reach the target marked above. If the support fails to hold, the next area where the price can come to is the area marked below. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
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by Yuriy_Bishko
10
BIT (BYBIT) (Y21.P6.E1).Don't miss outHi All, I'm continuing on with this story of Bybit's release coin, BIT or BITDAO. If Bybit becomes a big exchange and it seems the case, especially with the leverage market, it will grow. Hence like the FTT or FTX or BNB history. I'm just demonstrating the opportunity. Here I chose FTTs early start and what it did in the first cycle of the Elliot wave, and this will do something similar Don't say I didn't post this a few times. Here is a fractal All the best, S.SAri
BLong
by ssari
BITUSDT - Good entry position!BYBIT:BITUSDT 1H trend chart - After an amazing surge, Bit is converging as a descending triangle right now. If price can break out the upper downtrend line, trading strategy as below. - Profit Targets: a) 2.495----Fib(1) b) 2.683~2.759---Fib(1.272~1.382) c) 3.186-----Fib(2) Stop losses: a) 2.122-----(Red horizontal ray) - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading
BLong
by EthanTW
2
Bitcoins’s ride to $17,312.51 (A Prediction)I found Fibonacci chart to be amongst the greatest to find new reversal opportunities, When I found out the had it run sideways I immediately jumped to the Bitcoin chart to see exactly where price MACD began to drop from the ATH and began to notice the change in the pressure of the market bearing the price down after the initial first pull upward, being the healthiest Bull trend of the market we’ve seen so far. If you can recall, it was the pull up that placed us in the Cup and Handle pattern. Just like all great moves in the markets, they must reverse and Bitcoin has already made its choice a month ago. So wake tf up and eat your cereal with a side of Bitcoin because every break on the chart to the low side is a opportunity to short;) Don’t mind my stupidity, I’m having my fun while teaching. So the red line labeled Major trend line in the gray area will be a massive short opportunity because the break of that trend line will signify significant bearish momentum meaning we have more room to fall. On the bright side we know where to short, but how? Near each line where the price will break through, there’s gonna be significant pull back off the first and possibly even the second tap on the trend lines, so don’t go balls to the walls the minut it gets there. And just play it and see how the market act as it’s on the lines, and short when it looks like the final pull back. If you guys want more on the previous method on how to short, ask and I’ll give you my “Half-Pullback” method which will give a better structure on how to know when it could be the final one. I’m still working on this one to get more accurate numbers out of it but the idea says enough to under stand how to trade it. If that makes sense. Ps: I’m gonna give a price prediction on where it could move to soon so I’ll be linking that below aswell, Happy Trading Everybody!
COINBASE:BTCUSDShort
by GreenDayTrade
3