#BTCUSDT UPDATE
Bitcoin is currently consolidating beneath a descending trendline on the 12-hour chart, indicating continued bearish pressure. Price recently bounced from a strong demand zone around the $102,500 level, forming a local higher low, but is still capped by the downtrend resistance, limiting upward momentum.
A breakout above the descending trendline with volume confirmation could signal a bullish reversal and initiate a move toward the $108,000โ$110,000 range. Conversely, a breakdown below the highlighted support zone may trigger a deeper correction toward $100,000 or lower.
Bitcoin is currently consolidating beneath a descending trendline on the 12-hour chart, indicating continued bearish pressure. Price recently bounced from a strong demand zone around the $102,500 level, forming a local higher low, but is still capped by the downtrend resistance, limiting upward momentum.
A breakout above the descending trendline with volume confirmation could signal a bullish reversal and initiate a move toward the $108,000โ$110,000 range. Conversely, a breakdown below the highlighted support zone may trigger a deeper correction toward $100,000 or lower.
JUST IN: ๐บ๐ธ Treasury Secretary Bessent says the Biden administration put crypto on a path of extinction.
#VINEUSDT UPDATE
VINE has broken out of a falling wedge on the 2H chart, a bullish reversal pattern. This breakout suggests potential upside momentum if confirmed by volume and a successful retest.
If the breakout holds, the price could target the $0.052โ$0.056 range. A failed breakout may lead to a drop back toward the $0.032 support level.
VINE has broken out of a falling wedge on the 2H chart, a bullish reversal pattern. This breakout suggests potential upside momentum if confirmed by volume and a successful retest.
If the breakout holds, the price could target the $0.052โ$0.056 range. A failed breakout may lead to a drop back toward the $0.032 support level.
JUST IN: ๐บ๐ธ House Speaker Mike Johnson says Elon Musk is "terribly wrong" about the Congressional spending bill.
#KERNELUSDT UPDATE
KERNAL/USDT is showing strong signs of recovery after rebounding from a key demand zone. This critical support area has held well, triggering renewed buying interest and signaling a potential shift in momentum.
With bullish pressure building, a significant rally could be on the horizon.
KERNAL/USDT is showing strong signs of recovery after rebounding from a key demand zone. This critical support area has held well, triggering renewed buying interest and signaling a potential shift in momentum.
With bullish pressure building, a significant rally could be on the horizon.
Forwarded from VCT ยฎ - Scalp Trading Signals
Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures
#KERNEL/USDT Take-Profit target 1 โ
Profit: 22.5847% ๐
Period: 47 Minutes โฐ
#KERNEL/USDT Take-Profit target 1 โ
Profit: 22.5847% ๐
Period: 47 Minutes โฐ
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JUST IN: ๐จ๐ณ Chinese firm Webus files to raise $300 million for $XRP treasury plan.
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Binance Futures, Bitget Futures, ByBit USDT, HyperLiquid Futures(MKR/USDC), KuCoin Futures, OKX Futures
#MKR/USDT Take-Profit target 2 โ
Profit: 13.4626% ๐
Period: 1 Hours 54 Minutes โฐ
#MKR/USDT Take-Profit target 2 โ
Profit: 13.4626% ๐
Period: 1 Hours 54 Minutes โฐ
Forwarded from VCT ยฎ - Scalp Trading Signals
Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures, OKX Futures
#ME/USDT Take-Profit target 2 โ
Profit: 35.503% ๐
Period: 1 Hours 51 Minutes โฐ
#ME/USDT Take-Profit target 2 โ
Profit: 35.503% ๐
Period: 1 Hours 51 Minutes โฐ
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JUST IN: ๐บ๐ธ Elon Musk calls on Congress to propose a new spending bill "that doesn't grow the deficit."
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Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures
#LA/USDT Take-Profit target 2 โ
Profit: 26.1194% ๐
Period: 34 Minutes โฐ
#LA/USDT Take-Profit target 2 โ
Profit: 26.1194% ๐
Period: 34 Minutes โฐ
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#BTCUSDT UPDATE
Bitcoin is currently trading within a descending triangle pattern on the 8-hour timeframe. Price action recently rebounded strongly from the key horizontal support zone, indicating buyers are still defending this level.
A decisive breakout above the descending trendline or a breakdown below the support zone will confirm the next major move. Until then, it's crucial to monitor price closely as it approaches the patternโs apex.
Bitcoin is currently trading within a descending triangle pattern on the 8-hour timeframe. Price action recently rebounded strongly from the key horizontal support zone, indicating buyers are still defending this level.
A decisive breakout above the descending trendline or a breakdown below the support zone will confirm the next major move. Until then, it's crucial to monitor price closely as it approaches the patternโs apex.