📊 📍On this page, I will continuously share Trading ideas and technical analyses and daily recommendations with clear entry points. and targets, managing risk as effectively as possible. Follow the page to catch opportunities as they come and stay updated on market developments. $BTC $ETH #توصيات_يومية #توصيات_مجانية #توصيات #البتكوين
Closed: #البتكوين Weekly closure (negative) with a new bottom formation; it closed exactly at $59,575 on OKX.
However, despite being negative, this closure is still somewhat good, because it did not break a new support level—the most important recent support was the one that got broken.
Therefore, it is currently expected that we will see a bounce for Bitcoin back into the range between $60,000 and $61,000. In the best case, it may extend to between $68,000 and $69,000 as a strong weekly bounce target, and then it will be re-evaluated again.
Right now, the most important area to watch is support at $57,812. If it is broken during the current week, we may see a further drop for Bitcoin reaching the $55,000 to $53,000 range. After that, it will be re-assessed, with a great deal of attention still on the upcoming monthly closure in the next few hours, and monitoring the reaction of binary options.
🔴 Stop Loss: Weekly close condition below 0.134 (16.2%)
📌 On the daily timeframe: it is still in progress, and its expected target is 0.52.
As for today’s RSI and STOCH, they are still positive and have given a strong positive reversal, which could be an excellent rebound opportunity for the short term.
$BTC Update on the Cryptocurrency Index (excluding Bitcoin and stablecoins)
The index still fails week after week to break through the first weekly resistance level, which is a bearish signal reflecting the ongoing weakness in the market.
This behavior confirms weakness in liquidity (volume) and a decline in investors’ interest in alternative coins, making any attempts to rise so far limited and unconvincing. #Altcoins #Crypto #Binance #BTC
✅ The first, second, and third targets of this trade have been successfully hit. Thank God for the success, and let's hope we achieve the remaining targets.
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Currently under the activation of the daily descending wedge, execution above 0.9 with an expected target at $3.2. The daily outlook remains positive with signs of severe sell saturation, and the STOCH RSI has indicated a bullish reversal. A rebound opportunity is coming, and any sharp fluctuations or corrections may be temporary or momentary.
🔴 Stop Loss Price: Below 0.077 (10.4%) Condition: Weekly close below this level.
📌 Technical Analysis and Current Situation Daily might have a chance, RSI and STC still show positive momentum for a short rebound, indicating a potential short-term uptrend.
🔴Stop Loss: Weekly close below 0.31 (18.4%) 📌On the daily frame: activate the descending wedge by breaking above 0.42, aiming for a target around 1 dollar.
✋Note: You control the stop, don’t get greedy, scale in for emergencies and sharp fluctuations. $UMA $BTC
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If you're a trader looking for free signals, God willing, on this page I will continuously share trading ideas, technical analyses, and daily recommendations, including entry points, targets, and risk management as much as possible. Follow the page to catch opportunities first-hand and stay up-to-date with market developments.
$BTC Bitcoin — Another Perspective Bitcoin Monthly Chart — Another Angle
After aligning this with the weekly timeframe, we found that Bitcoin is trading within an ascending channel.
Accordingly, one scenario is a rebound from current levels, followed by a move toward a new all-time high if price successfully breaks above the 98,000–100,000 area, which would likely clear the heavily crowded short positions while also filling the remaining upside gaps.
On the other hand, if the rectangle zone is lost, Bitcoin may move toward forming a bottom, with the expected range between 48,000 and 40,600, assuming Bitcoin continues to respect the ascending channel with higher highs and higher lows.
Altcoins remain dependent on the broader market setup and the indicators, which are currently positive. The stronger that positivity becomes, the greater the upside potential. They may also remain less affected by a Bitcoin decline. A recentexample is what we saw with $WLD and $NEAR .
The monthly Bitcoin outlook presents another angle $BTC After aligning with the weekly chart, we found that Bitcoin is trading within an upward channel. Thus, we could see a bounce from here aiming for a historical peak if it successfully breaks through the 98000 to 100000 zone to clear those massive short positions while closing the upward gaps. On the flip side, if it loses the rectangular zone, it might head towards the Bitcoin bottom, which is expected to be between 48000 to 40600, provided Bitcoin follows the upward channel with higher highs and higher lows. Altcoins depend on the current data and indicators, which are positive. The more positive the indicators, the more potential for upward movement, and they might not even be affected by Bitcoin's drop. A close example we've seen involves two coins $WLD and $NEAR
📊 📍On this page, I will continuously share Trading ideas and technical analyses and daily recommendations with clear entry points. and targets, managing risk as effectively as possible.
Follow the page to catch opportunities as they come and stay updated on market developments. $BTC $ETH #توصيات_يومية #توصيات_مجانية #توصيات #البتكوين
Currently in a bearish wedge activation on the daily chart, execution above 0.04 with an expected target at 0.1, and the daily RSI and Stochastic remain positive, indicating potential for further upward movement to hit the targets.
🔴 Stop Loss Price: Below 0.077 (10.4%) Condition: Weekly close below this level.
📌 Technical Analysis and Current Situation Daily might have a chance, RSI and STC still show positive momentum for a short rebound, indicating a potential short-term uptrend.