#BTC💵 running ahead of golden zone after the liquidity sweep. Golden zone lies at the box $70k - $71k where $BTC still find a path around that area.
There are 3 scenarios captured from $BTC’s current situation,
1. It is possible to touch the golden zone and reverse the market into downside again.
2. Flip the box(golden zone) and then accumulation around the golden zone and push the market downside if not breaks the previous high.
3. The next option $BTC are looking to break the previous high and make another high so that can be over 72k.
Watching these scenarios closely.
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💬 Trading Tip of The Day 👇
Traders Aren’t Paid By The Hour, They’re Paid By Their Patience.✔️
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🇺🇸 US Bitcoin ETFs have seen 18 straight days of inflows, the longest streak since their launch.
Bullish🔥
https://x.com/CryptoCoinCoach/status/1799090794516898051
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LATEST FACT: 🇺🇸 US Spot Bitcoin ETFs Now Hold More Than 5% of the Total Bitcoin Supply.
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🚨 BREAKING NEWS 🚨
$NVDA reaches all-time high, crosses $3 trillion market cap for first time 💵🔼
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Late entries are not recommended, all trades posted early on @Coach Private Club
More Details 👈
DM @CCC_Verify
#NFP falling wedge spotted in 1D time frame. Currently at the fibonacci golden zone.
Pump can be expected if breaks the resistance.
DYOR
🥳@Coach
#BTC Rejected prior to the Fibonacci zone from a S & R level at $70K1🔴
Eyes on $68K4 [Recent Support] 🔽 in case #BTC lose $69K3.5 level.
🥳 @Coach
#LINA forming a huge symmetrical triangle in higher time frame and an intermediate pattern, a channel spotted inside the symmetrical triangle as well.
Also, horizontal supports were spotted in the same setup.
#LINA looks like waiting for a huge move if breaks the resistance of the triangle.
Horizontal supports can be sniper entries for the buyers, keep your eye closely on this setup.
🥳 @Coach
#CRV a big falling wedge making in higher time frame. Also liquidity sweep spotted in the same setup.
Good for buyers if breaks the resistance.
🥳@Coach
#GRT higher timeframe forming a symmetrical triangle.
Possible to touch the support before break the resistance. Good entry point lies at the support line.
DYOR
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🚨JUST IN: 🇺🇲 Donald Trump calls himself the 'crypto president' at a tech event in San Francisco.
@Crypto_News
🚨 BREAKING NEWS 🚨
U.S. NONFARM PAYROLLS: +272000 (EST. +182000)
U.S. UNEMPLOYMENT RATE: 4% (EST. 3.9%)
U.S. AVERAGE HOURLY EARNINGS: +0.4% (EST. +0.3%)
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Navigating the Falling Wedge
1️⃣ Setup:Identifying the Pattern: The falling wedge forms during a downtrend but suggests an upcoming bullish reversal as the lines converge.
2️⃣ Fibonacci Retracement: Look for key retracement levels like 0.618 as potential entry points when the price breaks the wedge pattern. 📉➡️📈
3️⃣ Support Zone: This area often acts as a strong buying pressure point, hinting at where to consider entering trades.
4️⃣ Market Strategy: It's usually more advantageous to go with the bullish momentum of the main trend rather than against it.
Aim to trade with the trend for a smoother path to profit 💵🔼
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#ONG possible to touch the support again before break the resistance zone in 1D time frame.
Symmetrical triangle in forming and breaking its’ resistance may result in touch $3 again?
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💬 Trading Tip of The Day 👇
A Rising Market Benefits Almost Everyone, But Only Temporarily;
It Eventually Exposes Those Who Aren't Prepared For Pullbacks Or Bear Markets.
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