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$BTC Analysis📍$BTC Analysis October 29, 2021 -------------------- BIAS: Mid-Term: Bullish Short-Term: Neutral -------------------- Getting near to our monthly close (which will occur in less than 72 hours), expect an increase in volatility, volume, and push from both the bulls and the bears. $67167.00 is currently acting as our strongest resistance (Current All-Time High) and $57925.00 as our most important mid-term support. We need a break either above or below the aforementioned levels in order to confirm a new significant midterm move, which is getting closer every single second Up Probability: 52% - Down: 48% ---------------------- Best Regards, iSmashProfit™
by TopGBanks
$BTC AnalysisThe price has been -9% down in a matter of days, after reaching a new mid-term lower low of $58,017 The $57930.00 - $56730.00 Decent support has been found around this area, meaning that we could build up short-term bullish momentum from here, enough for a couple of higher leverage shorter-term scalps. The most important level, for now, has become $60,638 which was just turned into resistance and should be broken to the upside in the next few days to prevent further downside. Up Probability: 42% - Down: 58% -------------------- Closely watching the market for both long and short scalping entries on higher leverage. Spot long positions should be benefited greatly by our last move, as it gives us a chance to average down on them before a stronger move. As always, stay safe brothers! -------------------- Best Regards, iSmashProfit™
by TopGBanks
ALTS MARKET CAPOur Toal Alt-Market Cap has just confirmed a higher time Frame (4H) breakout of the bull flag formation we were in the past week, at around $1.43 Trillion meaning that factoring in current BTC price action and BTC Market Dominance, we will likely see a decent consignation in it VIP EXCLUSIVE: Strongest resistance is currently at around $1.58 Trillion for Alt-Market Cap, meaning it’s the level that we’re aiming for in the next couple of weeks/months. If we manage to reach this level, we’re likely seeing a steep drop in BTC Market Dominance, which would remain between our current ranges and $68,000 - $72,000. -------------------- Best Regards, iSmashProfit™
CRYPTOCAP:TOTAL2
by TopGBanks