BTCUSD
is not ready to pass through 71500 yet and continues the correction phase, testing local lows and liquidating buyers in order to increase the position of a major player. Consolidation is clearly visible on the higher timeframes.
The resistance area of 71500 plays an important role for the market, a breakout and consolidation of the price above this area will mean that the market is ready to go higher than 74K, but, the market has not yet gathered the potential and, therefore, the consolidation continues. Bitcoin is currently in the range of 71500 - 64500. It is worth paying attention to the upward support, marking a bullish trend, and the 64500 area. The bulls will actively defend this area and if they fail, the price will head towards 61500 - 59000, 56400, but the most likely scenario is a false breakdown of 64500 followed by price strengthening to the resistance of the 71500 range.
Support levels: 64500, rising line, 61500
Resistance levels: 70000, 71500
The coin continues to consolidate. Sooner or later this phase will move to the phase of realization (distribution), based on the general data it may be growth, but no one excludes dump and retest of lower liquids zones before further growth.
Regards R. Linda!
The resistance area of 71500 plays an important role for the market, a breakout and consolidation of the price above this area will mean that the market is ready to go higher than 74K, but, the market has not yet gathered the potential and, therefore, the consolidation continues. Bitcoin is currently in the range of 71500 - 64500. It is worth paying attention to the upward support, marking a bullish trend, and the 64500 area. The bulls will actively defend this area and if they fail, the price will head towards 61500 - 59000, 56400, but the most likely scenario is a false breakdown of 64500 followed by price strengthening to the resistance of the 71500 range.
Support levels: 64500, rising line, 61500
Resistance levels: 70000, 71500
The coin continues to consolidate. Sooner or later this phase will move to the phase of realization (distribution), based on the general data it may be growth, but no one excludes dump and retest of lower liquids zones before further growth.
Regards R. Linda!
Comentarios:
"BTC is the only decentralized currency" - Tether CEO
Operación activa:
Operación activa:
The local setup is bearish. The coin may continue its decline.
Breakdown and consolidation of the price below 66000 will provoke further decline to 64589.
BUT! If the market starts to turn around, 67300 will be an intermediate boundary for the bulls. Consolidation above this area will cause the local mood to change to a bullish one
Situation on D1
The local setup is bearish. The coin may continue its decline.
Breakdown and consolidation of the price below 66000 will provoke further decline to 64589.
BUT! If the market starts to turn around, 67300 will be an intermediate boundary for the bulls. Consolidation above this area will cause the local mood to change to a bullish one
Operación activa:
66300
Operación activa:
The level is quite important and it is worth paying attention to it
There may be an attempt to break the local descending resistance, which will be followed by a retest of 67232.
The level is quite important and it is worth paying attention to it
Operación activa:
The price on the local timeframe is heading towards 67250
The level plays an important role
The level plays an important role
Operación activa:
Whales have sold 50,000 BTC in the last 10 days - Santiment data
Operación activa:
Rebound from resistance
Operación activa:
Testing 64600 support
Operación activa:
False break of support 64600
Comentarios:
BTC is approaching the aggregate breakeven level of short-term holders 64500 - 65000.
This area may become support, and if it is broken, we can expect a correction of 8-12%
This area may become support, and if it is broken, we can expect a correction of 8-12%
Operación activa:
Operación activa:
Consolidation has been going on for four months....
After a strong rally there is no fall
Consolidation has been going on for four months....
Operación activa:
The last few days have seen very low volatility
🌹TRADING is a CASINO💔!?
NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel:
t.me/RLindaTrade
🔴Contact:
t.me/RLindaSignals
🧿Web: rlinda.com
NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel:
t.me/RLindaTrade
🔴Contact:
t.me/RLindaSignals
🧿Web: rlinda.com