BTC ANALYSIS🔮 #BTC Analysis 💰💰
🌟🚀 #BTC got rejected 4th time from the resistance zone in 4hr time frame. If there is a breakout from a strong candle then we will see a bullish move in #BTC or if not then a small dump can be seen. 📈📉
⁉️ What to do?
- We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #BTC. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#BTC #Cryptocurrency #DYOR
Bothscenarios
Symmetrical Triangle continuationAUDJPYSymmetrical Triangle continuation Pattern in 1 Hour Chart AUDJPY, its show that might they Break out from this point to Upward Direction, showing bullish Trend. Entry Price & TP1 & TP2 Set Accordingly Stop Loss for Long: 93.939,
For Plan B Entry price is also set for Short Trade might this go from this Point to down ward so we set trade accordingly & Entry Price & Stop Loss for Short Trade is 94.326 also Defined with TP1 & TP2 as well.
Symmetrical Triangle continuation Pattern might take break out both side so we already make plan for the both side trades, once one side trade is active, so cancelled the other side, wait & watch
SHIB Smart PlaysHere’s my insights on how I’m playing $SHIB, meme coins can be even more profitable with proper analysis and not just wishful hodling.
SHIB/USDT has been keeping consolidation patterns and is currently in consolidation right now. Volumes still in the billions and social media presence is still buzzing. Analysis report is remaining in BUY.
SHIB has been steadily spiking and dropping about 20%-30% and then repeating the process for the past couple of days. All stats are still pointing at another spike, and then opportunities to short.
I’m currently holding 1 futures contract on SHIB (long) and holding a bag of about 10M (to pull after potential next spike). Then the next drop I can open short futures contracts and keep repeating this process until the pattern breaks. Following this allows profits to be obtained in both directions
Clear points of entry for either scenario - VERY clean setup.This pair has been sat in some serious corrective price action. i'm hoping we can see a break next week. Which way do i think its likely to break?
Probably up, but i'm also very aware that if the bears muster the strength to break that 1.180 area, then we also have a double top that could be good to trade to the bottom of that correction.
Targets for the (potential) double top sit near enough directly on that bottom level.
So to summarise, although i think this pair is likely to break above, i will not be trading my opinion. i'll be trading what i see.
A break, close & pullback on the upper level and ill be looking for longs.
A break of that (potential) double top neckline and ill be looking to short to the corrections bottom.
MACD looking as though the double top could easily come into play, but as above, i'll trade whatever it wants to give us.