๐ Welcome to ranadanialbabar โ your front-row seat to the fast-paced world of crypto!
๐ง Breaking down blockchain, Bitcoin, DeFi, altcoins & more
๐ Price has been in a strong upward move with consistent green candles, but now showing signs of slowing momentum near the 2.810 resistance zone.
โ Long Setup (Breakout Play)
๐ Entry: Above 2.815 (confirmed breakout)
๐ฏ Targets:
โข TP1: 2.835
โข TP2: 2.855
โข TP3: 2.880
๐ก Stop Loss: 2.795
โ Short Setup (Rejection Play)
๐ Entry: Below 2.795 (confirmation of rejection)
๐ฏ Targets:
โข TP1: 2.780
โข TP2: 2.765
โข TP3: 2.750
๐ก Stop Loss: 2.815
โ Note: Watch volume โ a breakout above 2.815 with strong buying volume could trigger quick upward momentum, while failure to hold 2.800 may lead to a pullback.
๐ BTC/USD Signal โ Potential Breakdown Incoming ๐
Bitcoin is showing clear weakness with consistent lower highs and lower lows on the 1H chart. Momentum is fading and volume is thinning โ a potential breakdown could be imminent.
๐ฐ Current Price: $113,450
๐ Timeframe: 1H
๐ป Bias: Bearish
๐ Short Signal
Entry Zone: $113,450 โ $113,600
Stop Loss: $113,950 (above recent lower high)
Targets:
TP1: $113,000
TP2: $112,600
TP3: $112,200
๐ Confluence:
Weak bounce attempts
Rising sell volume
No strong support below $113,000 until $112,200
Caution: Wait for confirmation below $113,400 for safer entry.
Ethereum delivered in style! ๐ From the breakdown point, ETH sliced through every target like butter:
โ Target 1: 3700 โ HIT
โ Target 2: 3640 โ HIT
โ Target 3: 3520 โ HIT
๐จ Current Price: 3521 โ bears are still lurking and momentum favors the downside.
But this is not the endโฆ
โ ๏ธ Eyes wide open โ further weakness could open the doors to 3400 and beyond.
Ride the wave โ ETH volatility is a traderโs best friend! โก
RanaDanialBabar
ยท
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Bearish
๐ ETH/USD โ Lower High Rejection Play (1H TF)
Entry Zone: $3,790 โ $3,800
Current Price: $3,790.62
๐ฏ Target 1: $3,700
๐ฏ Target 2: $3,640
๐ฏ Target 3: $3,520
๐ Stop Loss: Above $3,825
Reason: ETH showing signs of a lower high after recent bounce, with waning momentum and weak follow-through. Bearish candles forming near resistance zone, suggesting possible downside move. {future}(ETHUSDT)