I am Ashfaq Qadir, a crypto technical analyst with over 5 years of experience in the cryptocurrency market. I specialize in chart patterns, trend analysis.
BSBUSDT FUTURE 4TH HOUR ANALYSIS : The price of the BSBUSDT $0.58381 above is Bullish but keep in mind "These cryptocurrencies take only seconds to crash."
“This was my post from yesterday where I said that if BTCUSDT trades below $76,050 it will turn bearish. It broke that level but then moved back above $76,050. As long as it continues to trade above this level, it will still be considered bullish.”
BTCUSDT Futures remain bullish as long as the price does not trade below 76,050. International predictions suggest that by the end of the 3rd quarter, BTC could potentially reach between 82,000 and 86,000.
Price action above 0.72620 reflects bullish momentum. Dropping below 0.72620 signals bearish sentiment. Resistance levels overhead include 0.73558, 0.74351, 0.74645. Breakouts above resistance strengthen the bullish case. Failure to hold above the key level invites selling pressure. Traders monitor rejections at resistance for short setups and breakouts for long opportunities.