#BTC_UPDATE :- #BTC Still Playing In Bearish Rising Wedge Pattern On Higher Time Frame . Yesterday Market Warming Up Because Of Some Insider News About ETF Approval . This Is A Just Bull Trap . According to Chart Pattern #BTC Will Breakdown Incoming Days Or week .
If It is Real Hype Then We Can See #BTC Local Top 32000-32500 But After That Rejection & Dumpppp ....
https://www.tradingview.com/x/zJ15a8Cf/
If It is Real Hype Then We Can See #BTC Local Top 32000-32500 But After That Rejection & Dumpppp ....
https://www.tradingview.com/x/zJ15a8Cf/
TradingView
BINANCE:BTCUSDT Chart Image by Savi_2037
DXY analysis:
Dollar Index (DXY) is trading in a downtrend channel. The price is now near the resistance line and we expect a rejection from there. The support is 100.50-100.68 area and if DXY drops to this level then we see a good move in Bitcoin and other markets. If DXY breaks above the 102.50-102.65 area then we see a downtrend in BTC and all global markets.
Dollar Index (DXY) is trading in a downtrend channel. The price is now near the resistance line and we expect a rejection from there. The support is 100.50-100.68 area and if DXY drops to this level then we see a good move in Bitcoin and other markets. If DXY breaks above the 102.50-102.65 area then we see a downtrend in BTC and all global markets.
APE/USDT Technical Rally: From $1.70 Support to $10 Target: $APE
Current Price: $1.84
Oversold Indicator: In the oversold region, signaling possible upward momentum.
Strong Support: Found at $1.70, acting as a safeguard against sharp declines.
Long-Term Outlook: Consider accumulation for potential long-term gains
Entry Points:
Entry 1: Range of $1.80-$1.60 for a strategic market entry.
Entry 2: Risk-tolerant investors can explore $1.20-$1.00 for higher potential rewards.
Price Targets:
Target 1: Breakthrough of $4.50 resistance could drive price to $4.50
Target 2: Successful breach of $4.50 might propel APE towards $10 and $15
Be sure to conduct thorough research and practice risk management.
Current Price: $1.84
Oversold Indicator: In the oversold region, signaling possible upward momentum.
Strong Support: Found at $1.70, acting as a safeguard against sharp declines.
Long-Term Outlook: Consider accumulation for potential long-term gains
Entry Points:
Entry 1: Range of $1.80-$1.60 for a strategic market entry.
Entry 2: Risk-tolerant investors can explore $1.20-$1.00 for higher potential rewards.
Price Targets:
Target 1: Breakthrough of $4.50 resistance could drive price to $4.50
Target 2: Successful breach of $4.50 might propel APE towards $10 and $15
Be sure to conduct thorough research and practice risk management.
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DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $1.23T (+2.04%)
BTC Price: $29,789 (+2.18%)
BTC Dominance: 47.1% (+0.10%)
Fear & Greed Index: 50 (Neutral)
Total Value Locked: $68.9B (+1.47%)
Total Market Capitalization: $1.23T (+2.04%)
BTC Price: $29,789 (+2.18%)
BTC Dominance: 47.1% (+0.10%)
Fear & Greed Index: 50 (Neutral)
Total Value Locked: $68.9B (+1.47%)
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BTC Analysis by Marco Polo 👑
As mentioned yesterday, a potential scenario before a significant downward movement could involve revisiting the highs🔼🔼🔼
📌However, it's still premature to conclude. Yesterday's minor upward shift appears to be a rebound from the resistance zone. Despite indications pointing towards a $31,800 price update📈
As mentioned yesterday, a potential scenario before a significant downward movement could involve revisiting the highs🔼🔼🔼
📌However, it's still premature to conclude. Yesterday's minor upward shift appears to be a rebound from the resistance zone. Despite indications pointing towards a $31,800 price update📈
API3 analysis:
Price is trading in a long falling wedge pattern. API3 was rejected from the resistance trendline and the price is now moving toward the support of the $0.85-$0.87 area. This is the zone for new entries. A break and daily candle close above the $1.45-$1.50 resistance area is bullish and break the falling wedge pattern.
Price is trading in a long falling wedge pattern. API3 was rejected from the resistance trendline and the price is now moving toward the support of the $0.85-$0.87 area. This is the zone for new entries. A break and daily candle close above the $1.45-$1.50 resistance area is bullish and break the falling wedge pattern.
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