it was worth waiting for $XRP to start moving forward.
with many movements, i've managed to gain 2000usdt when it rejected from 3.38 i've sold 80% from it so i would keep the rest 20% for the next bullish movement
on one hour chart its a clear accumulation for surge up to 5.2 usdt. This was the last time when we could see xrp on this level so you should buy as soon as posssible
#BTCBreaksATH Here's a day trading analysis for the BTC/USDT pair based on the 1-hour Heikin Ashi chart you've provided:
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📈 Trend Analysis:
Price: Currently at $118,029.90, slightly down (-0.19%) but still within a strong uptrend.
Heikin Ashi candles: Mostly green, indicating bullish momentum.
Trendlines: There are ascending support levels (yellow and red lines), showing a consistent climb.
Price Channel: Holding within an upward price channel (yellow/blue line), signaling strength.
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📊 Indicators:
1. Moving Averages:
Short-term MAs (yellow/red lines) are above longer-term MAs, indicating bullish alignment.
Price is currently above all major MAs, which supports a bullish continuation.
2. Bollinger Bands:
Price has touched or hugged the upper Bollinger Band, showing strong buying pressure.
Bands are expanding, suggesting potential volatility ahead.
3. MACD:
MACD lines are flat and converging, indicating momentum is weakening.
Histogram is close to zero, suggesting a possible pause or pullback in the trend.
4. RSI (Relative Strength Index):
RSI is at 69.48 — near the overbought zone (70+).
Watch for a potential pullback or consolidation if RSI crosses above 70.
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🔍 Key Levels:
Support:
$117,801 (immediate support)
$117,204 and $116,577 (next major support zones)
Resistance:
$118,300 (24h high and local resistance)
$118,857 (next bullish breakout target)
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📌 Summary:
Bias Signal
✅ Trend Bullish (short-term and intraday) ⚠️ Momentum Weakening (MACD flattening, RSI near overbought) 🔄 Possible Scenarios Minor pullback to support zone before another leg up OR continuation toward $118.8K–$119K
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✅ Strategy Tips (Day Trading):
If Long: Consider entering on pullbacks near $117,800–$117,200.
If Shorting: Look for rejection near $118,300–$118,800, but only with confirmation (e.g., RSI > 70 and MACD bearish crossover).
Risk Management: Use tight stop-losses below support or above resistance.
BTC/USDT day trading analysis based on a larger timeframe interpretation (especially useful if you're planning trades with more stability than the 1-minute chart allows).
✅ Timeframe Focus: 1H and 4H Combined Overview
🔹 1. Overall Trend (1H & 4H)
Strong uptrend is confirmed.
Higher highs and higher lows are consistently forming.
The price is riding above moving averages on both 1H and 4H — a classic sign of bullish control.
The recent breakout above $117,000 is a continuation signal from prior consolidation.
🔹 2. Key Technical Levels
TypePrice LevelNotesResistance$117,50024h high, next key breakout levelResistance$118,000–118,300Psychological level & short target zoneSupport$116,000–116,500Breakout retest zoneStrong Support$114,000Last consolidation base
🔹 3. Indicators
📊 RSI (1H & 4H):
RSI on 1H: Likely near or above 70 → Overbought, risk of pullback or sideways action.
RSI on 4H: Likely rising, but not yet extreme → Momentum building, but watch for divergences.
📈 MACD (1H & 4H):
Bullish crossover is likely active on both timeframes.
The histogram is increasing, suggesting bullish momentum is not yet exhausted.
🔹 4. Volume Insight
24h volume remains very high, confirming the rally is supported by liquidity.
Watch for a volume drop with price rise (could signal weakening trend and possible reversal or range formation).
🔹 5. Strategy Based on Timeframe
✅ For Swing/Day Longs (Low Risk):
Entry Zones:
$116,000–$116,500 (ideal if price retests and holds support)
Stop-Loss:
Below $115,500 or previous 1H/4H low
Target:
$117,500 (initial), then $118,200+
🚫 Avoid Chasing at Peaks:
Entering at $117,200–$117,500 has poor risk/reward now due to overbought RSI.
⚠️ For Short Scalps (High Risk):
If price approaches $117,500–$118,000 without cooling down, shorting small size with tight stop-loss above $118,200 might be viable.
Not recommended unless you're experienced and watching RSI divergence + volume
Volatility: Contracting slightly; price is coiling for a potential breakout
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📊 Technical Indicators
🔹 Bollinger Bands
Price hugging the upper half, showing mild bullish pressure.
Bands are tightening, signaling potential breakout.
🔸 MACD
Both lines are close to zero: neutral momentum.
No clear bullish or bearish crossover yet = range-bound for now.
🔸 RSI
RSI at 39.29, indicating slight bearish bias but not oversold yet.
Watch for RSI bounce above 40 or break below 30.
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🔁 Price Action & Key Levels
📍 Immediate Resistance
Price Note
2.2570 Local resistance from consolidation 2.3019 Key breakout level – structure flips bullish above this 2.6498 - 2.8355 Long-term resistance from previous rallies
📍 Support Zones
Price Note
2.2335 Minor support zone – being tested now 2.2200 - 2.2000 Strong demand area 2.0000 Psychological level and strong support floor
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🎯 Trading Setups
📈 1. Long Setup (Reversal Bounce)
Entry: $2.22 – $2.23 zone
Confirmation: Bullish Heikin Ashi candle + RSI reclaiming 40+
Stop Loss: $2.195
Targets:
TP1: $2.257
TP2: $2.301
TP3: $2.35+
✅ Ideal for catching a bounce from the current demand zone.
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📉 2. Short Setup (Resistance Rejection)
Entry: $2.29 – $2.30 zone (previous rejections)
Confirmation: Bearish engulfing or RSI fail below 50
Stop Loss: $2.32
Targets:
TP1: $2.25
TP2: $2.22
TP3: $2.20
⚠️ Useful for shorting fake breakouts or sideways chop.
📌 Strategy Suggestions
Strategy Type Timeframe Bias
Scalping 15m–1h Long if bounce from $2.22 Breakout 1h–4h Bullish if break > $2.30 with volume Swing 4h–1D Accumulate dips above $2.20 for $2.60–$2.80 📉 Market Sentiment
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