#BTC/USDT ANALYSIS
Bitcoin has been rejected from its new all-time high, resulting in a huge liquidity grab in the market.
It is currently trading above the support trendline, with the 100MA providing support.
A potential recovery can be seen from this level, keep an eye on further price action developments.
#BTC/USDT ANALYSIS
Bitcoin is trading above the horizontal demand zone of the descending triangle pattern, where a rebound is anticipated.
The 50MA is providing solid support beneath the current price action. A confirmed breakout or breakdown of the pattern will determine the next major directional move.
Я все еще думаю, что нас ожидает несколько флешаутов в диапозоне недели на #BTC.
Снятие ликвидности 65200 (голубой бокс, максимум августа).
Дальше поход к 61300 - 60300.
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#btc entered in bullzone after crossing 80k hurdle
Now above monthly Support i.e. above Monthly 10 EMA
that's a bullZone🔼🔼
💸1D Analysis
if #BTC goes below 84k #btc will enter in bear Zone again🔽🔽
For keep growing #BTC must remains above 84k 🔼🔼🔼
Time Frame used:1D
Analysis by CryptoProfitCoach
Plan your trades as per #btc movements and always keep SL in your holdings to avoid grave loss
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#btc entered in bullzone after crossing 80k hurdle
Now above monthly Support i.e. above Monthly 10 EMA
that's a bullZone🔼🔼
💸4H Analysis
if #BTC goes below 79.5k #btc will enter in bear Zone again🔽🔽
For keep growing #BTC must remains above 79.5k 🔼🔼🔼
Time Frame used:4 H
Analysis by CryptoProfitCoach
Plan your trades as per #btc movements and always keep SL in your holdings to avoid grave loss
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#btc right now below monthly Support i.e. Monthly 10 EMA
that's a bear Zone
if #BTC will remain below 80k #btc will enter in further bear Zone🔽🔽
Only After crossing 80k we can expect reversal and gain 🔼🔼
For keep growing #BTC must remains above 80k 🔼🔼🔼
Time Frame used:1 Month
Analysis by @CryptoProfitCoach
Plan your trades as per #btc movements and always keep SL in your holdings to avoid grave loss
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#btc right now hanging on Weekly Support
#BTC below 95k 🔽🔽🔽
if weekly candle closed below 95k #btc will enter in further bear Zone
For keep growing #BTC must remains above 96k 🔼🔼🔼
Plan your trades as per #btc movements and always keep SL in your holdings to avoid grave loss
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How to trade safely👀🤫
Q. What happened generally when #btc has on bull run or bear run?
Ans. Coins fall all time low.. and collected by whales at very cheap price to sell higher
Q2. What happened if I suffer loss in #btc pair while trading?
Ans. #BTC has rising value means small losses can be covered by its rising value in terms of usdt $. You have to follow "bullish above" to minimise loss. You can enter in same coin again when in bull zone. Don't se coins fall lower and lower in front of your eyes. Always jump from sinking ship.
Q3. When Alts season ?
Ans: As #btc has rising value..people prefer #btc rather than any coin. For Alts season #btc has stable values or a closed movement zone. Right now uncertainty.
Q4. How we know #btc will pump or dump before it actually do?
Ans. Market turns red in advance before such pump n dump. If u see red market without no reason. That's means either #btc will pump or dump.
Q5. How we manage our portfolio ?
Ans As #btc has rising value..keep 60% in #btc rest use in trading.
Pick up trade wisely
Keep -5% in every trade as SL.
If a coin lost its bullish momentum it will definitely fall to lowers. So prepare always for such trap in advance.
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Analysis
Below 94300
it will further dip 🔽🔽🔽
#btc
value must remain above 94300 for reversal🔼🔼🔼
if gone below this value
crucial support are
91500
90500
We need to re analyse if this crucial support was broken