#MarketPullback Bitcoin | misamraza1 on Binance Square

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#MarketPullback Bitcoin 
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$SFP /USDT – Bounce in Progress! Can Bulls Keep It Up? 📈 Current Price: $0.5867 (-1.11%) After dipping into the $0.57 support zone, $SFP is showing early signs of a rebound on the 1H chart. Buyers are stepping back in — is momentum shifting? 📊 Trade Setup: Entry Zone: $0.5820 – $0.5880 TP1: $0.5990 TP2: $0.6100 TP3: $0.6240 Stop Loss: $0.5690 📌 Key Levels: Resistance: $0.5990 / $0.6150 Support: $0.5690 / $0.5800 📉 Market Insight: The recent bounce may be forming a higher low after consistent selling pressure. A clear break above $0.60 could open the door for a stronger move toward the $0.62+ region. 💡 Pro Tip: Keep an eye on volume—a price move with growing volume adds strength to the setup. Consider partial profits at TP1 to manage risk in choppy conditions. SFP bulls are re-entering the game. Stay alert and watch for confirmation! $SFP #BinanceTGEAl #BinanceHODLerNXP #LaunchpadWars

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MASTER THESE CHART PATTERNS TO LEVEL UP YOUR TRADING! Chart patterns are key to understanding price action and making smarter trades. Let’s break down the 3 main types: Reversal, Continuation, and Bilateral patterns. 🔄 Reversal Patterns – Hint at a possible trend change 1️⃣ Double Top – Bearish. Two peaks at the same resistance, followed by a drop. 2️⃣ Head & Shoulders – Bearish. Three peaks, with a break below the neckline confirming the reversal. 3️⃣ Rising Wedge – Bearish. Price rises within narrowing highs and lows, then breaks downward. 4️⃣ Double Bottom – Bullish. Two troughs at the same support, then a move upward. 5️⃣ Inverse Head & Shoulders – Bullish. Same as H&S, but upside down — breaks above the neckline. 6️⃣ Falling Wedge – Bullish. Downward-sloping pattern that breaks out higher. ▶️ Continuation Patterns – Signal that the trend will likely continue 1️⃣ Falling Wedge – Bullish. Price dips within a narrowing channel, then pops upward. 2️⃣ Bullish Rectangle – Sideways range, then breakout to the upside. 3️⃣ Bullish Pennant – Small triangle after an uptrend, usually leads to further gains. 4️⃣ Rising Wedge – Bearish. Price climbs in a tight channel, then breaks down. 5️⃣ Bearish Rectangle – Sideways chop before breaking lower. 6️⃣ Bearish Pennant – Small triangle after a downtrend, often leads to more downside. 🔀 Bilateral Patterns – Breakout can go either way 1️⃣ Ascending Triangle – Rising lows + flat top. Can break up or down. 2️⃣ Descending Triangle – Falling highs + flat bottom. Direction depends on breakout. 3️⃣ Symmetrical Triangle – Converging highs and lows. Breakout direction is 50/50. Pro Tips for Traders: ✅ Reversal patterns = trend is likely to change ✅ Continuation patterns = trend is likely to go on ✅ Bilateral patterns = be ready for either direction Master these patterns to improve your entries, exits, and risk management. Was this helpful? Like, share & drop your thoughts below! Let’s grow together!

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