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$BTC sentiment remains bearish short term. A descending triangle has formed. A descending triangle is usually a bearish pattern. Risk in newly opened trades should be low.


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$BTC yesterday $BTC managed to break out of the descending triangle to the upside. We did not expect this. After the Breakout, the price has risen to the already established resistance of 50.4k, where it was rejected. Currently, $BTC is sitting once again at its old support level of 47k. Keep an eye out for a clean break below 47.1k or a bounce up to the 50k resistance.


UpOnlyⒸ
$BTC fell below critical support and has now been rejected on low timeframes. If it does not reclaim 47.6k I would be looking towards a move lower to the low 40ks. $BTC marked sentiment long-term is still very bullish so a reversal to the upside could be plausible.


UpOnlyⒸ
$BTC is looking ugly on the daily chart. After a small deviation above the 50k resistance followed by a rejection of the 50k resistance, $BTC is currently looking bearish at least short-term. If the current price of ~46k holds, Alts could expect decent movements.


UpOnlyⒸ
$BTC continuing to do the same movements as for the last few days. Make a lower low move up to diagonal resistance and reject. Things to look out for are a clear breakout of the diagonal or a slow move towards the low 40-42k's in the coming days. We highly expect $BTC to hold the 40k's and make a move up towards the high 50k's.
Forwarded from UpOnly Premium
direction: long💰
Identification: B1MKCVF🎯
📩#KSM/USDT

💡 General Tips —
position size: 3-5% of your portfolio
leverage: 5-15

📈 Entry —
258.8 - 273.76

🧭 Targets —
277.882
283.257
290.196
305.222
324.92
355.287
389.672
429.588
469.831

⛔️ Stop Loss —
236.95

⚠️ This is not financial advice. UpOnly will not take responsibility for any losses sustained by following this call. ⚠️
Forwarded from UpOnly Premium
direction: long💰
Identification: B3AWHWA🎯
📩#CVC/USDT

💡 General Tips —
position size: 3-5% of your portfolio
leverage: 5-15

📈 Entry —
0.31 - 0.29

🧭 Targets —
0.318
0.333
0.36
0.42
0.51
0.61

⛔️ Stop Loss —
0.27

⚠️ This is not financial advice. UpOnly will not take responsibility for any losses sustained by following this call. ⚠️
$BTC has again held the falling wedge it has formed over the past weeks. A breakout to the upside would be the ideal scenario.


UpOnlyⒸ
$BTC same as yesterday. Still grinding down in the falling wedge.


UpOnlyⒸ
$BTC keeps trending down in the wedge. No big movements are to be expected as of right now.


UpOnlyⒸ
$BTC continuation of the downtrend. A drop to 42k seems more probable than a break to the upside.


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Forwarded from UpOnly Premium
direction: long💰
Identification: B3IXOMD🎯
📩#GRT/USDT

💡 General Tips —
position size: 3-5% of your portfolio
leverage: 5-15

📈 Entry —
0.63 - 0.55

🧭 Targets —
0.64
0.69
0.759
0.86
1.001
1.25
1.55

⛔️ Stop Loss —
0.48

⚠️ This is not financial advice. UpOnly will not take responsibility for any losses sustained by following this call. ⚠️
$BTC bounced off the lower support line and broke through the upper resistance line. Currently, it has rejected the 49k previous high. A bounce of lower 48K's would be a strong signal for continuation towards 50-51k.


UpOnlyⒸ
$BTC played out as called in yesterday's post. After a brief retest of the low 48k's $BTC is now at the possible top of 50k.


UpOnlyⒸ
$BTC currently moving above important 50k support. A small deviation sub 50k seems probable followed by a continuation to 52k.


UpOnlyⒸ