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Aydangeo
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good morning 🌄🌄🌄🌄🌄🌄🌄🌄🌄🌄:Dont miss guys 😎😎😎
Market.Analysis-Hot.Topics
https://gateio.onelink.me/gj8h/gatelive?stream_id=e3b137ce4e514b1f837b488f31735333&session_id=e3b137ce4e514b1f837b488f31735333-1721137863&encode_uid=nsWgv6GaBPqwcCToHfFRhg
View OriginalMarket.Analysis-Hot.Topics
https://gateio.onelink.me/gj8h/gatelive?stream_id=e3b137ce4e514b1f837b488f31735333&session_id=e3b137ce4e514b1f837b488f31735333-1721137863&encode_uid=nsWgv6GaBPqwcCToHfFRhg
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Tyfon82:
WAGMI 💪:Veysiberat
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beautiful figure is truly eye-catching:View More
Good morning friends 😎
#Bitcoin is moving sideways in the range of $53,000 - $59,000 and the uncertain process continues.
$58-59k range has been tested 3 times but has not been overcome yet. We are seeing the impact of Germany's sales. The sales are not very heavy, but in terms of news value, they bring an additional 3-4 times of sales.
Currently, whales have not made any sales and even increased their holdings by buying after losing the $56,000 support. We can understand from this that sales did not come from whales.
On the other hand, ETF investors did not make any sales, in fact, we saw a net inflow of approximately 300 million dollars yesterday.
Despite the current downturn, ETF investors and whales continue to hold their assets without selling anything.
The loss of MA200 and the closings under the last wick were negative and the market still cannot find a clear direction. There is an unstable price volatility due to sales in Germany.
Even if it closes above $56,000, it can close below it the next day when an imbalanced selling comes from Germany. Trading based on $56,000 can cause unnecessary stops during this process.
So it would be more sensible to follow the breakthrough of $59,000, which is the short-term resistance in place, rather than $56,000.
As you can see from the chart, this resistance has been tested 3 times but could not be broken. Breaking this resistance in the short term will give the first reversal signal. Therefore, we will closely monitor the $59,000 resistance.
I wish everyone a beautiful day and plenty of profits.
View Original#Bitcoin is moving sideways in the range of $53,000 - $59,000 and the uncertain process continues.
$58-59k range has been tested 3 times but has not been overcome yet. We are seeing the impact of Germany's sales. The sales are not very heavy, but in terms of news value, they bring an additional 3-4 times of sales.
Currently, whales have not made any sales and even increased their holdings by buying after losing the $56,000 support. We can understand from this that sales did not come from whales.
On the other hand, ETF investors did not make any sales, in fact, we saw a net inflow of approximately 300 million dollars yesterday.
Despite the current downturn, ETF investors and whales continue to hold their assets without selling anything.
The loss of MA200 and the closings under the last wick were negative and the market still cannot find a clear direction. There is an unstable price volatility due to sales in Germany.
Even if it closes above $56,000, it can close below it the next day when an imbalanced selling comes from Germany. Trading based on $56,000 can cause unnecessary stops during this process.
So it would be more sensible to follow the breakthrough of $59,000, which is the short-term resistance in place, rather than $56,000.
As you can see from the chart, this resistance has been tested 3 times but could not be broken. Breaking this resistance in the short term will give the first reversal signal. Therefore, we will closely monitor the $59,000 resistance.
I wish everyone a beautiful day and plenty of profits.
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TrungHieuSG:
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:I joined Gate.io WCTC S6. Join me now and share $5,000,000. Fight for your honor! https://www.gate.io/tr/competition/wctc/s6?ref=BVRBUFle
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Ryak:
Thank you:
:Hello friends ☀️
#Bitcoin ve # Ethereum closed above the descending trend resistance, making a positive start to the new week.
- Bitcoin
After four attempts, it finally broke the falling trend resistance and closed above it on the 5th attempt.
With these closures, the short-term outlook turned positive and the $62,000 support is maintained, the short-term outlook will continue to remain positive as long as it is maintained.
$62,000 support level is maintained, there is no significant resistance ahead until the $67,000 level, so this level can be followed as a target.
- Ethereum
Similarly, after a few attempts in Ethereum, it finally broke the downward trend resistance and closed above it.
With this closing, the short-term outlook turned positive, and as long as the $3,450 support is maintained, the short-term outlook will remain positive.
As long as the $3,450 support is maintained, there is no significant resistance ahead until the $3,650 level, so this level can be followed as a target.
I think this area will be suitable for making new purchases, building positions, and taking risks because the downtrends have been broken.
Even if the trend break is fake and the decline continues, we will have a chance to escape with a small stop (approximately 2%) because the support levels are close. In this context, entering trades from these areas seems to be in line with the risk-reward ratio.
If Bitcoin and Ethereum rise a bit and provide confidence, new trades can be opened in terms of altcoins, but first we should see that Bitcoin and Ethereum rise a bit and provide confidence. If we get this confirmation, I will frequently share altcoin analyses with you, my friends.
The start of the new week and the new month has been positive, and hopefully it will continue this way. I wish everyone a great week and plenty of profits.
View Original#Bitcoin ve # Ethereum closed above the descending trend resistance, making a positive start to the new week.
- Bitcoin
After four attempts, it finally broke the falling trend resistance and closed above it on the 5th attempt.
With these closures, the short-term outlook turned positive and the $62,000 support is maintained, the short-term outlook will continue to remain positive as long as it is maintained.
$62,000 support level is maintained, there is no significant resistance ahead until the $67,000 level, so this level can be followed as a target.
- Ethereum
Similarly, after a few attempts in Ethereum, it finally broke the downward trend resistance and closed above it.
With this closing, the short-term outlook turned positive, and as long as the $3,450 support is maintained, the short-term outlook will remain positive.
As long as the $3,450 support is maintained, there is no significant resistance ahead until the $3,650 level, so this level can be followed as a target.
I think this area will be suitable for making new purchases, building positions, and taking risks because the downtrends have been broken.
Even if the trend break is fake and the decline continues, we will have a chance to escape with a small stop (approximately 2%) because the support levels are close. In this context, entering trades from these areas seems to be in line with the risk-reward ratio.
If Bitcoin and Ethereum rise a bit and provide confidence, new trades can be opened in terms of altcoins, but first we should see that Bitcoin and Ethereum rise a bit and provide confidence. If we get this confirmation, I will frequently share altcoin analyses with you, my friends.
The start of the new week and the new month has been positive, and hopefully it will continue this way. I wish everyone a great week and plenty of profits.
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ZeeMitsui
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nice tattoo: