BTC continues to hold above 80k. On the H4 timeframe, we see the formation of a bullish pattern (bullish wedge). The highest probability here is a breakout upwards and a return to 85k-87k. A break below 79k is invalidated.
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π¨Super Wednesday for federal reserves yielded big gains.π¨
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Bitcoin is at a weekly resistance level with a strong chance of rejection from here, especially given the likelihood of an interest rate hike by the Federal Reserve.
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I warned you, BTC isn't recovering from the fall, from here we'll have new lows. Expect prices below 60k if the 62k support doesn't hold and reverses.
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π¨ $FFUSDT showing a possible reversal on the M15 timeframe.
After a series of descending bottoms, the price formed a double bottom/W pattern and is now testing the 100 and 200 EMA regions.
π Points of attention:
β’ EMA 100: 0.0998
β’ EMA 200: 0.1005
β’ Immediate resistance: 0.1010 - 0.1020
β’ A confirmed breakout could open up space to 0.1050, 0.1070 and even 0.1090.
The short-term structure has shifted from bearish to recovery. The next challenge for buyers is to turn the moving averages into support.
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Bitcoin on the daily chart is poised to fall below 70k and break through the bearish flag.
A clean break from here would take us to 65k and subsequently to the 61k support.
#BTC#ETH#NEAR $INJ
Bitcoin is approaching a major demand zone, where it may continue the daily downtrend. There is a probability of a significant drop in the coming days. The 84k level stands as a major resistance that needs to be broken; otherwise, we may see another strong bearish rally.
#BTC
BTC is gaining momentum even amidst terrible geopolitical news, managing to recover the 69k zone mentioned in recent posts. I expect a small pullback from here, followed by a break above 70k and a move towards 74k this week.
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ETH/BTC pair forming a bullish flag pattern on the daily chart
Chances of ETH surpassing BTC in volume in the coming days
As a result, altcoins gain more momentum to rise, and price explosions begin to happen
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π¨ INJ forming a bearish wedge on the h1 timeframe π¨
I'm taking a short from here
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market crashes are just opportunities for greater profits π€
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