Shorted #XRP here at these zone where it facing a local resistance, No much volume is seen here as fear is more in the market. Lets short it here guys.
For proper guidance on crypto futures trade then Follow and Reply. I will help everyone to make daily profits. $XRP {future}(XRPUSDT)
Shorted #XRP here at these zone where it facing a local resistance, No much volume is seen here as fear is more in the market. Lets short it here guys.
For proper guidance on crypto futures trade then Follow and Reply. I will help everyone to make daily profits. $XRP
BANGER #PIPPIN AMAZING PROFITS BOOKED, LOOK WHAT I SAID ‘I said momentum is coming with volume and it will break upside’ It pumped after my Long calls, If you guys want to make profits with me Then Follow and Reply, I will share my setups in real time. $pippin
Timothy Mccarthy
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Бичи
Guys i am Longing #PIPPIN this time as i see the momentum is coming in with volume, This will break it to upside.
Lets goo, To trade my setups in real time Follow. $pippin
I have analyzed the #BTC weekly chart and marked the key technical levels and patterns. You can find the annotated chart below.
Technical Analysis Summary-
1. Double Top (M-Pattern) Reversal: • The chart clearly shows a large "Double Top" formation with peaks near the $120,000 mark. This is a classic bearish reversal pattern that often precedes a significant correction. • The yellow line on the chart traces this "M" shape, showing the failed attempt to maintain the six-figure territory.
2. Key Support Zone ($65,000): • The current price ($66,142) is testing the most critical historical support zone (marked in green). • This level acted as major resistance in 2021 and early 2024. For the long-term bullish structure to remain intact, the price must hold above $65,000.
3. Local Resistance ($80,000): • Following the breakdown from the double top, the $80,000 level (marked in red) has now flipped from support to resistance. • Any relief rally would likely face heavy selling pressure around this zone.
4. Trend Outlook: • The orange arrow indicates the current macro-downtrend on the weekly timeframe.
• Bullish Scenario: A successful bounce from $65k could lead to a consolidation phase or a "relief rally" back to $80k.
• Bearish Scenario: A weekly close below $65k would confirm a breakdown, potentially opening the door for a deeper correction toward the $40k-$50k region (the base of the 2024 breakout).
Strategic Recommendation: Traders should watch the weekly candle close relative to the $65,000 level. Maintaining this floor is vital for preventing a transition into a longer-term bear market. $BTC