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#BTC Analysis 💵
Scenario 01:
Observing swing 01 on the 4H chart, the market has undergone a significant market structure shift, turning bearish. To consider short entries, we need to see a retracement to the $69,373.98 - $68,109.18 range. This area will act as a confirmation zone, where we can validate the bearish trend and look for potential shorting opportunities.
Scenario 02:
On the flip side, the market has yet to retrace to our identified Bullish Point Of Interest (POI) at $65,718.17 - $64,383.25. This POI represents a critical support zone, where we can look for long entries if the price approaches and shows signs of a bullish reversal.
In summary, to make informed trading decisions, we are closely monitoring #BTC's movement towards either the Bearish POI for shorting opportunities or the Bullish POI for long positions. Patience is key as we wait for these crucial levels to be tested.
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✈️@Coach |📹Coach cryptocoinscoach?si=gBR_gz2m9me6fdVN">YT |✖️Coach X
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NKN lack of volume , should be a reason to close , if @Coach says close I’ll close 🔼
Читать полностью…#JOE Breaking Outtt 📈🔼
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✈️@Coach |📹Coach cryptocoinscoach?si=gBR_gz2m9me6fdVN">YT |✖️Coach X
ID market makers are crazy 😉 : remember ID pumped 50% in one minute some months ago 🚀
Читать полностью…Bitcoin prices are hovering very close to the average cost of production for Bitcoin miners — link
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