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Uncultured Trader
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$BTC WeeklY Analysis BTC saw strong volume today, and some other coins also showed strength — but is this a reversal or a trap? Let's analyze it BTC recently made a low at 80,524, after which a reversal candle formed and the market showed strength. Now, if BTC breaks the recent low again, then the next long setup will form between 74–77k. If the low does not break and the price moves directly upward, then the 90.7k–94.4k zone is a sideways zone where you shouldn’t open long or short positions because the movement will likely be limited. Just above that, the 96.2k–101.5k zone acts as a bearish zone, and a rejection can be expected from there If the market forms red candles in this bearish zone, I will short with a 106.4k stop-loss, keeping leverage and margin low #USJobsData #BTC
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$BTC ANALYSIS 💸 Last time when the trendline broke on BTC, there were large volumes and a big red candle....After that, the next month saw some more selling, and then a fast recovery came...which is also possible in the current scenario Right now, BTC can still see more selling...The $60,300–$68,950 zone is strong support...If this gets tested, good buying can come in, and BTC can easily go to $85–90k ETH, SOL, and some other coins are sustaining quite strongly for now but they can also face selling if BTC drops below $80k At the moment, you can add some positions in spot for coins where you expect strong volume...But if someone is buying heavily thinking about altseason and expecting BTC to go to $150–200k , then they might have to wait 3–4 years If anyone wants to make new buys right now, they should do it in parts and avoid heavy buying #BTCVolatility #bitcoin #altcoins
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$XRP Looking Good for long Long below 1.7$ Target above 2.5$ #Xrp🔥🔥 #xrp
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$ETH ETH made a weekly wick low of 3057 last week, and about 50% of that has already been recovered...Since CPI data is coming out tomorrow, volatility is expected afterward Case 1: If the data comes out positive, there is resistance around 3710, and the second resistance is near 3950...The second resistance level has a higher chance of rejection Case 2: If the data comes out negative or the market falls, the nearest support is around 3200...If that level breaks, the 2430–2770 zone would be a good mid-term buying opportunity and relatively safe for accumulation #ETH #CPIdata
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$BTC The previous BTC setup worked perfectly, 105.3k - 101.5k ✅ But the second short setup was missed by just 0.25% The US CPI data is tomorrow, so volatility can be expected Case 1: BTC will now likely go sideways in the 98k - 104k zone for some time. Then, a panic move could occur, in which BTC might test the 87.5k - 92.8k zone, which is a very good buyers' zone Case 2: If BTC pumps after the CPI data and holds above 105k, then it could go to 112k - 114k According to the current situation, the chances for this are a bit lower, but we still have to consider it a possibility #BTC #USGovShutdownEnd?
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