Pro Analysis
#BTC/USDT.P Analysis: Currently, the price is forming an ascending triangle pattern, indicating potential for a breakout. Once the breakout happens, we anticipate strong momentum in the breakout direction.
#BTC/USDT.P Analysis:
After the analysis was provided, BTC broke down and slipped over 3% from the breakdown level. Let’s wait and see if it continues to drop further.
After the analysis was provided, BTC broke down and slipped over 3% from the breakdown level. Let’s wait and see if it continues to drop further.
"Do you think Bitcoin will correct before reaching its all-time high? 🤔"
Anonymous Quiz
67%
✅ Yes, a correction is likely before an all-time high.
18%
🚀 No, it will directly reach a new all-time high.
15%
🤷 Not sure, the market is unpredictable.
#EGLD/USDT analysis :
#EGLD is currently in an uptrend, trading above the 200 EMA. The price has successfully broken out and retested the previous swing high resistance levels. It is anticipated that the price will bounce back from this point and continue its bullish momentum, aiming to test the recent swing high.
TF : 4h
Entry : $28.44
Target : $33.75
SL : $26.00
#EGLD is currently in an uptrend, trading above the 200 EMA. The price has successfully broken out and retested the previous swing high resistance levels. It is anticipated that the price will bounce back from this point and continue its bullish momentum, aiming to test the recent swing high.
TF : 4h
Entry : $28.44
Target : $33.75
SL : $26.00
Pro Analysis
"Do you think Bitcoin will correct before reaching its all-time high? 🤔"
BTC/USD Analysis:
The analysis highlights Bitcoin's price movement during bull rallies before a major crash:
1- In 2017, after Bitcoin broke its 2013 high, it underwent corrections of over 25% approximately three times from new highs before reaching its all-time high later that year.
2- In 2020, when Bitcoin surpassed its 2017 high, it experienced corrections exceeding 25% around three times from new highs before achieving its all-time high in 2021.
So, for anyone who thinks this rally is driven by FOMO or believes they've already missed the opportunity, there’s likely to be one last chance when BTC corrects by more than 25%.
The analysis highlights Bitcoin's price movement during bull rallies before a major crash:
1- In 2017, after Bitcoin broke its 2013 high, it underwent corrections of over 25% approximately three times from new highs before reaching its all-time high later that year.
2- In 2020, when Bitcoin surpassed its 2017 high, it experienced corrections exceeding 25% around three times from new highs before achieving its all-time high in 2021.
So, for anyone who thinks this rally is driven by FOMO or believes they've already missed the opportunity, there’s likely to be one last chance when BTC corrects by more than 25%.
Bitcoin : Binance withdrawals continue whereas It hits a New ATH!
Bitcoin hit a new ATH today but investors continue to withdraw their Bitcoin from Binance exchange.
This marks the second-largest withdrawal this year with over 7500 Bitcoins.
This provides insight into investors sentiment and confidence in the market.
It could also indicate long term investments which is a very positive sign.
Bitcoin hit a new ATH today but investors continue to withdraw their Bitcoin from Binance exchange.
This marks the second-largest withdrawal this year with over 7500 Bitcoins.
This provides insight into investors sentiment and confidence in the market.
It could also indicate long term investments which is a very positive sign.
#FLM/USDT analysis :
#FLM is currently in a downtrend, trading below the 200 EMA. The price is consolidating sideways within a support and resistance zone. It is currently facing rejection at the resistance zone and is expected to decline from this point, testing the support zone.
TF : 1D
Entry : $0.0620
Target : $0.0500
SL : $0.0700
#FLM is currently in a downtrend, trading below the 200 EMA. The price is consolidating sideways within a support and resistance zone. It is currently facing rejection at the resistance zone and is expected to decline from this point, testing the support zone.
TF : 1D
Entry : $0.0620
Target : $0.0500
SL : $0.0700
#AAVE/USDT analysis :
#AAVE is currently in an uptrend, trading above the 200-period exponential moving average (EMA) and consistently reaching new highs. The price has recently demonstrated a strong bullish movement but is now retracing toward a significant support zone. It is anticipated that the price will test this support area before resuming its bullish momentum.
TF : 1D
Entry : $140.24
Target : $237.09
SL : $117.90
#AAVE is currently in an uptrend, trading above the 200-period exponential moving average (EMA) and consistently reaching new highs. The price has recently demonstrated a strong bullish movement but is now retracing toward a significant support zone. It is anticipated that the price will test this support area before resuming its bullish momentum.
TF : 1D
Entry : $140.24
Target : $237.09
SL : $117.90
#HARD/USDT analysis :
#HARD is currently in an uptrend, trading above the 200-period exponential moving average (EMA) and forming new highs. The price is now retracing toward a significant support zone. It is expected that the price will test this support area before resuming its bullish momentum. Following this, previous highs are likely to be tested.
TF : 2h
Entry : $0.1578
Target : $0.2005
SL : $0.1358
#HARD is currently in an uptrend, trading above the 200-period exponential moving average (EMA) and forming new highs. The price is now retracing toward a significant support zone. It is expected that the price will test this support area before resuming its bullish momentum. Following this, previous highs are likely to be tested.
TF : 2h
Entry : $0.1578
Target : $0.2005
SL : $0.1358
Pro Analysis
#HARD/USDT analysis : #HARD is currently encountering resistance at the daily TF 200ema. The price is expected to break below the 200ema on the 4h TF and likely test the previous swing low. For a confirmed entry, wait for the break of the $0.1229 level. …
#HARD as hit our target level 🔥🔥🔥
#GRT/USDT analysis :
#GRT has broken out of its trendline with strong momentum following a bounce back from the support zone. The price is expected to maintain its bullish momentum and test previous highs. The current level presents a favorable entry opportunity.
TF : 1W
Entry : $0.2023
Target : $0.3446 and $0.4902
SL : $0.1450
#GRT has broken out of its trendline with strong momentum following a bounce back from the support zone. The price is expected to maintain its bullish momentum and test previous highs. The current level presents a favorable entry opportunity.
TF : 1W
Entry : $0.2023
Target : $0.3446 and $0.4902
SL : $0.1450
#RIF/USDT analysis :
Following a significant decline of -83% from its all-time high, the price has found support at the $0.0600 level. Subsequently, it has bounced back and successfully broken above the trendline, indicating a confirmation of anticipated bullish momentum. It is expected that the price will continue this upward trajectory and test the previous swing high.
TF : 1W
Entry : $0.1117
Target : $0.3377
SL : $0.0766
Following a significant decline of -83% from its all-time high, the price has found support at the $0.0600 level. Subsequently, it has bounced back and successfully broken above the trendline, indicating a confirmation of anticipated bullish momentum. It is expected that the price will continue this upward trajectory and test the previous swing high.
TF : 1W
Entry : $0.1117
Target : $0.3377
SL : $0.0766