A balanced area in trading refers to a price range or level where there is a relatively equal distribution of buying and selling pressure, leading to a period of consolidation or stability in price.

During this time, the price is not trending in either direction and is moving within a narrow range. The balanced area can be seen as a neutral zone in the market and may represent a period of indecision among traders or a period of market participants taking profit.

The identification of a balanced area can be useful in trading as it can provide an opportunity to enter or exit a position, depending on the trader's market outlook and risk tolerance. It can also be an opportunity to assess market sentiment and evaluate the strength of support or resistance levels in the market.

#learn

we ask Allah reconcile and repay

The recent scalping entry initiated at $427XX hit its stop-loss at $42K after selling 35% at TP1 $43100. Now, keeping an eye on the performance around $40500!
We ask Allah reconcile and repay

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The current trading setup will be in range once BTC closes below $40500K Daily-weekly.

Please read this user guide 📖 , before you follow us: 👇
https://prnt.sc/XbrZNK9yHYMf
https://bit.ly/3gbsILg

Best of luck with your trades! 🙌
Wild Bitcoin™
🙏we ask Allah reconcile and repay🙏

#BTC
BTC ended the week above $40,500 with a balanced candle, indicating no clear winner. While we are biased toward expecting more correction, we'll be attentive to any chart signals. The current performance suggests a decent effort to keep BTC above $40,500, but the monthly view displays a negative performance with an unfavorable candle for bulls. This reinforces our previous view without a change. During that, we hold our long positions and what remains of it as a long-term investment and if there is a chance for long with tight SL as scalping we will try to share it with you.
https://www.tradingview.com/x/4b2F3PeE/

Please read this user guide 📖 , before you follow us: 👇
https://prnt.sc/XbrZNK9yHYMf
https://bit.ly/3gbsILg

Best of luck with your trades! 🙌
Wild Bitcoin™
🙏we ask Allah reconcile and repay🙏

#BTC has confirmed a breakdown, dropping to $38,500 with a slight rebound before the daily close at $39,700. Currently, the $40,500-$41,500 range has become a resistance line for bulls. It's acceptable to witness a BTC pullback and retest. The main focus should be on the performance around this zone and the monthly close. As we previously explained, the monthly performance is biased towards the bearish side. The breakdown below $40,500, after holding above it for 48 days, indicates strength on the bearish flank.

If you're inclined to manage scalping from $39,700 to $38,700 with a tight stop-loss, that's reasonable. If not, it's advisable to wait as we anticipate more corrections to come. Testing $40,500-$41,500 or a pullback to $43,500 might occur, but based on higher time frames, bulls would need more, such as a weekly close above $48,000, to signal a more substantial reversal.


https://www.tradingview.com/x/5VNdT4EV/

📖 Please take a moment to peruse our user guide before deciding to follow us. Your understanding is valued! 👇✨
https://prnt.sc/XbrZNK9yHYMf
https://bit.ly/3gbsILg

Best of luck with your trades! 🙌
Wild Bitcoin™
🙏we ask Allah reconcile and repay🙏

#BTCUSDT Support Retest setup!

Buy : 37858 - 38854 - 39870

Take - Profit Targets:

Target 1: 40846
Potential Profit: 5.13%

Target 2: 41843
Potential Profit: 7.69%

Target 3: 43835
Potential Profit: 12.82

Stop-Loss: 36911
Risk/Reward: 5.00% / 25.13%
Potential ROI : 12.69%

Risk Percentage / Position size : 0.5%

Exchange : Binance, KuCoin, ByBit, Bitstamp, Coinbase

Duration: 2-12 Days
Confidence in Trade : Low

Note: Potential profit and ROI calculated from average entry.

we ask Allah reconcile and repay.

Binance, ByBit Spot, KuCoin
#BTC/USDT Entry 1 ✅
Average Entry Price: 39870 💵

#BTC hit $40500 with pullback to first entry point again
As we explained about this retest in last update!
https://t.me/WildBitcoin/5871

Currently, the $40,500-$41,500 range has become a resistance line for bulls. It's acceptable to witness a BTC pullback and retest. The main focus should be on the performance around this zone and the monthly close. As we previously explained, the monthly performance is biased towards the bearish side. The breakdown below $40,500, after holding above it for 48 days, indicates strength on the bearish flank.

If you're inclined to manage scalping from $39,700 to $38,700 with a tight stop-loss, that's reasonable. If not, it's advisable to wait as we anticipate more corrections to come. Testing $40,500-$41,500 or a pullback to $43,500 might occur, but based on higher time frames, bulls would need more, such as a weekly close above $48,000, to signal a more substantial reversal.

📖 Please take a moment to peruse our user guide before deciding to follow us. Your understanding is valued! 👇✨
https://prnt.sc/XbrZNK9yHYMf
https://bit.ly/3gbsILg

Best of luck with your trades! 🙌
Wild Bitcoin™
🙏we ask Allah reconcile and repay🙏

Binance, ByBit Spot, KuCoin
#BTC/USDT Take-Profit target 1 ✅
Profit: 2.448% 📈
Period: 2 Days 11 Hours 10 Minutes ⏰

Binance, ByBit Spot, KuCoin
#BTC/USDT Take-Profit target 2 ✅
Profit: 4.9486% 📈
Period: 2 Days 16 Hours 37 Minutes ⏰

#BTC: Bulls Regain Momentum! 💹

Recent Market Overview:
Despite a breakdown to $385XX last week, BTC avoided a weekly close below $40500 and showed resilience, followed by a rebound to $42XXX, positioning bulls for another attempt, with a key resistance zone at $435XX-445XX.
The ultimate test for bulls remains a breakout above $48K weekly, especially considering the performance on the monthly frame.

Technical Analysis:
The rebound from $397XX served bulls to reclaim the daily breakdown for $40500, and avoid the weekly closing below which shows bulls' attempts to keep this barrier active.

The current resistance is at $435XX-445XX. A bullish takeover with a weekly close above this range would signify the bull's strength.

The ultimate test for bulls is a confirmed breakout above $48K weekly, considering the critical monthly frame. Our view leans toward another BTC dump unless this breakout occurs

During that, we traded BTC from $397XX with two targets achieved.
https://www.tradingview.com/x/vvp3LQsr/
📊📈 #BTCAnalysis #BullishMomentum #CryptoUpdates #Bulls #Bears

📖 Please take a moment to peruse our user guide before deciding to follow us. Your understanding is valued! 👇✨
https://prnt.sc/XbrZNK9yHYMf
https://bit.ly/3gbsILg

Best of luck with your trades! 🙌
Wild Bitcoin™
🙏we ask Allah reconcile and repay🙏

⚡⚡ #BTC/USDT ⚡⚡
Exchanges: Binance, KuCoin
Signal Type: Regular (Long)

Entry Targets:
1) 16577 - 33.333% ✅
2) 16147 - 33.333% ✅
3) 15733 - 33.333% ❌

Take-Profit Targets:
1) 16975 - 25.0% ✅
2) 17389 - 25.0% ✅
3) 18217 - 25.0% ✅
4) 18930 - 12.5% ✅
5) 27100 - 4.18% ✅
6) 28350 - 4.16% ✅
7) 39950 - 2.16% ✅
8) HOLD - 1.0%
9) Hold - 1.0%

Stop Targets:
1) 25000

Published By: @HamadaMark

⚡⚡ #BTC/USDT ⚡⚡
Exchanges: ByBit Spot, Binance, KuCoin
Signal Type: Regular (Long)

Entry Targets:
1) 39870 - 33.333% ✅
2) 38854 - 33.333% ❌
3) 37858 - 33.333% ❌

Take-Profit Targets:
1) 40846 - 33.333% ✅
2) 41843 - 33.333% ✅
3) 43835 - 10.333%
4) 44850 - 10.0%
5) HOLD - 13.0%

Stop Targets:
1) 38500

Published By: @HamadaMark

Binance, ByBit Spot, KuCoin
#BTC/USDT Take-Profit target 3 ✅
Profit: 9.9448% 📈
Period: 6 Days 12 Hours 30 Minutes ⏰

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#BTC performance shows weakness near the resistance zone we mentioned, we might see some volatility during the new monthly candle open, so be careful and stick with risk management

The ultimate test for bulls is a confirmed breakout above $48K weekly, considering the critical monthly frame. Our view leans toward another BTC dump unless this breakout occurs.
Current resistance zone $435XX-445XX! and the first test for bulls' strength!
https://www.tradingview.com/x/mgH4FPTd/

📊📈 #BTCAnalysis #BullishMomentum #CryptoUpdates #Bulls #Bears

📖 Please take a moment to peruse our user guide before deciding to follow us. Your understanding is valued! 👇✨
https://prnt.sc/XbrZNK9yHYMf
https://bit.ly/3gbsILg

Best of luck with your trades! 🙌
Wild Bitcoin™
🙏we ask Allah reconcile and repay🙏

#BTC Bulls shows another attempt to breakout resistance area between $43/44k eyes on performance and daily close if they fail to confirm daily close above it we will see price get another rejection so be careful and stick with risk management.

We ask Allah reconcile and repay