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$CREAM /USDT Technical Analysis – Is $15 the Springboard? 🚀
CREAM is currently trading at $15.14, testing a critical psychological level. The price is consolidating, signaling a potential breakout – but will buyers take control, or will sellers dominate?
🔸 Resistance Levels:
$15.80: Immediate resistance. A breakout here could spark a rally toward $17.00.
$18.50: Key resistance zone and a crucial area for further upward momentum.
🔸 Support Levels:
$14.50: Initial support level. Holding this sustains the bullish trend.
$13.80: Strong support and a potential accumulation zone if the price dips further.
💡 Trade Strategy:
Bullish Setup: Enter on a break and close above $15.80, targeting $17.00-$18.50. Use a stop-loss at $14.80.
Bearish Setup: Short rejections near $15.80, aiming for $14.50-$13.80. Place a stop-loss at $16.20.
CREAM is at a pivotal point – could $15 serve as the launchpad for its next upward move? 📊 Keep an eye on volume and breakout indicators!
#BTCMomentum #KeyMarketSignals #AltcoinWatch #Write2Earn!
CREAM is currently trading at $15.14, testing a critical psychological level. The price is consolidating, signaling a potential breakout – but will buyers take control, or will sellers dominate?
🔸 Resistance Levels:
$15.80: Immediate resistance. A breakout here could spark a rally toward $17.00.
$18.50: Key resistance zone and a crucial area for further upward momentum.
🔸 Support Levels:
$14.50: Initial support level. Holding this sustains the bullish trend.
$13.80: Strong support and a potential accumulation zone if the price dips further.
💡 Trade Strategy:
Bullish Setup: Enter on a break and close above $15.80, targeting $17.00-$18.50. Use a stop-loss at $14.80.
Bearish Setup: Short rejections near $15.80, aiming for $14.50-$13.80. Place a stop-loss at $16.20.
CREAM is at a pivotal point – could $15 serve as the launchpad for its next upward move? 📊 Keep an eye on volume and breakout indicators!
#BTCMomentum #KeyMarketSignals #AltcoinWatch #Write2Earn!
ترجمة
$BTC Sell-Off Likely 'Complete', Rally Into Year-End Still in Play: StanChart Analyst
Bitcoin’s latest downturn may be close to finishing, according to Geoffrey Kendrick of Standard Chartered. He notes that this dip represents the third significant 30% correction since spot $BTC ETFs launched in the U.S. last year.
Key market signals — including MicroStrategy’s adjusted NAV — have fallen to zero, indicating that sellers may be exhausted.
The analyst added that a year-end rally remains his primary expectation.Bitcoin’s sharp downturn may have reached its end, says Geoffrey Kendrick, Standard Chartered’s head of digital asset research. He believes the pullback fits a recurring pattern and is likely close to running out of steam.
$BTC plunged below $90,000 on Tuesday, deepening a decline that has wiped nearly 30% off its early-October all-time high above $126,000. This latest drop is the steepest correction since U.S. spot bitcoin ETFs launched last year and has sparked renewed debate over whether the world’s largest cryptocurrency is slipping into the bear-market phase typical of its four-year cycle.
#bitcoin
#cryptocrurrency
#ETFvsBTC
#KeyMarketSignals
#GeoffreyKendrick
Bitcoin’s latest downturn may be close to finishing, according to Geoffrey Kendrick of Standard Chartered. He notes that this dip represents the third significant 30% correction since spot $BTC ETFs launched in the U.S. last year.
Key market signals — including MicroStrategy’s adjusted NAV — have fallen to zero, indicating that sellers may be exhausted.
The analyst added that a year-end rally remains his primary expectation.Bitcoin’s sharp downturn may have reached its end, says Geoffrey Kendrick, Standard Chartered’s head of digital asset research. He believes the pullback fits a recurring pattern and is likely close to running out of steam.
$BTC plunged below $90,000 on Tuesday, deepening a decline that has wiped nearly 30% off its early-October all-time high above $126,000. This latest drop is the steepest correction since U.S. spot bitcoin ETFs launched last year and has sparked renewed debate over whether the world’s largest cryptocurrency is slipping into the bear-market phase typical of its four-year cycle.
#bitcoin
#cryptocrurrency
#ETFvsBTC
#KeyMarketSignals
#GeoffreyKendrick
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