💎#BTC - multi - all leverage
🗺️ KF LiqMaps from : @thekingfisherliqmapbot
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$BTC liquidation heatmap showing a cascade of high leverage longs getting cleared repeatedly.
Expect a reversal soon as #BTC shorts become the target next.
No High leverage shall survive
https://x.com/kingfisher_btc/status/1848646202629185664
#BTC shows a potential bullish breakout pattern. The highlighted pattern resembles an inverse head and shoulders or a cup and handle formation, both of which are considered bullish reversal patterns. The price action has broken above the descending trendline resistance, indicating a possible breakout.🔥✅👍
Further, A short-term pullback to retest the breakout level before further upside is also anticipated, as shown by the projected price movement. Traders will likely watch for confirmation above $90,500 before considering long positions targeting higher levels.🔥👍✅
💎#BTC - multi - all leverage
🗺️ KF LiqMaps from : @thekingfisherliqmapbot
📖 How to read the KF LiqMaps: Read Guide
🌳 Link tree: Explore Links
💬 Join the conversation: Telegram Chat
📢 Telegram channel: Announcements
🚨 $BTC Liquidation heatmap update
Short term high leverage
Let's send it and clean the #BTC shorts liquidations again, what do you think?
https://x.com/kingfisher_btc/status/1842605670379782246/photo/1
#BTCchart highlights a descending trendline, which has been acting as resistance, keeping the price suppressed. Recently, the price has attempted to break above this trendline within a key support/resistance zone (marked by the shaded gray area). The breakout attempt is not yet decisive, as the price is still hovering around the trendline, indicating uncertainty.🔥✅👍
Further, if the price gets rejected at this level and falls back below the shaded zone, BTC may continue its downtrend. Traders should watch for confirmation of a breakout or rejection before making a decision.🔥👍✅