This pattern is well-known and bullish. Wait for the handle formation and breakout. The target is around $100k. See you in 2025 peak!
Bitcoin has been trading in a range between $60,000 and $70,000. Here are the key scenarios: Bullish Breakout: If the price breaks out above the $71,000 to $73,000 resistance area, it would signal the end of the ranging movement. This breakout could lead to a continuation of the bullish trend. Bearish Breakdown: Conversely, if Bitcoin falls below the $58,000...
Currently, BINANCE:PEPEUSDT is rising. It could be a retracement indicating the continuation of the short-term downtrend or a bounce that continues the uptrend. If you are looking for a LONG entry, it's highly recommended to wait for confirmation
BINANCE:BTCUSDT is currently experiencing ranging price action, which means that the price is moving within a relatively narrow range. This makes it very subjective and uncertain when trying to predict or anticipate a breakout, where the price either significantly rises above resistance levels or falls below support levels Still Bullish for the long term perspective.
Here are the zones where you can place a buy entry. But wait for reversal confirmations before you enter.
Here is the possible buy entry for BOME but wait for confirmation before you entry.
Based on the "Psychology of a Market Cycle by Wall St."
Possibly, In a short term perspective, BINANCE:PEPEUSDT is in downtrend move. We are expecting a huge bounce around 0.00000520 area, which also near on daily pivot point and 0.618 Fibonacci level. We can wait for an entry confirmation BEFORE buying.
The market performance of ECONOMICS:BOME (Book of Meme) continues to exhibit a downward trend. For those considering a long position, it is advisable to exercise prudence and await confirmatory signals before BUYING. BYBIT:BOMEUSDT.P
Since November 2022, the Euro has exhibited an upward trend against the US Dollar, thus prompting the consideration of purchasing opportunities. Following a decline to the 1.06 price level, which corresponds to a trendline and 0.764 Fibonacci level, demand on the price level has been observed with the formation of a bullish hammer pattern. Furthermore, an...