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Bybit

$BTC bearish outlook: $2B selling pressure incomingI am bearish on CRYPTOCAP:BTC for the following reasons: 1️⃣ The $Bybit hack resulted in a loss of $1.4B worth of $ETH. To continue trading, Bybit is currently bridging liquidity with Binance. However, this is only a temporary solution. Eventually, they will need to buy back $1.4B in ETH, and the only reserve asset large enough to cover this is Bitcoin. I expect at least SEED_TVCODER77_ETHBTCDATA:1B of BTC to be sold on the market to acquire the necessary ETH. 2️⃣ The hackers are liquidating their $1.4B in stolen ETH. Since smart contract-based assets can be traced and frozen, their best option is to swap to CRYPTOCAP:BTC , which is harder to track and cannot be frozen. In total, Bitcoin faces a potential selling pressure of over SEED_TVCODER77_ETHBTCDATA:2B , which is enough to significantly impact its price. 📉 Given that Bitcoin is already in a consolidation phase, this pressure could push the price down to $93K or even $91K. 📊 Expect dead cat bounces, where traders can profit, but be cautious—this selling pressure is real. Bybit needs to resolve its liquidity issues quickly, and the hackers are racing to cash out ASAP. ⚠️ DYOR (Do Your Own Research).
Short
by CryptoNikkoid
7
Ethereum (ETH): Still Holds Bullish Trend Line!We had some choppy moves on Ethereum recently thanks to the Bybit hack. Nevertheless, that dip got bought up very quickly and buyers are still maintaining the local support zone, which is a very strong one, as we have talked previously. Combined with EMAs sitting at that area, this is a good buying zone for sure. Now the current weekly candle is showing some weakness but we are not going to judge yet as it is just the start of the week!! P.S. As long as we are above EMAs, we are good for long! Swallow Team
Long
by SwallowAcademy
2
Trump's Golden RatioTrump has launched his own personal token that he will use solely for his own benefit for bribes and money laundering. He's not a politician, he's a businessman who knows how to make money. Creating his own cryptocurrencies is direct proof of that. The $TRUMP token plays a role as the president's personal token for the Republicans to donate to him and a legal way to get money from other politicians. The whole saga with his token is just beginning, it is one of the few steps in building the Trump family the greatest business ever. As far as the chart is concerned, we should wait for a bounce into the golden section area. Now there was a FUD regarding the ByBit hack, it's like a fake attempt to panic the crowd, but it didn't work with smart people. Only the strongest are left here, who have survived everything they can. Horban Brothers.
Long
by horbanbrothers
24/02/25 Weekly outlookLast weeks high: $99,474.13 Last weeks low: $93,399.17 Midpoint: $96,436.65 Fear & Greed Index: 49 Despite dull price action there is never a dull moment in crypto... BYBIT exchange was the victim of the largest crypto hack in history with $1.4B worth of ETH being stolen. How does this event relate to price? On the grand scheme of things not much, which is surprising but what this sell-off does in terms of structure could be much more harmful IMO. Just as ETH broke through a key S/R level of $2780 the hack occurred sending ETH back under that level and a market sell off due to fear and risking-off. Had Ethereum accepted above that key level structurally the setup looked primed for a move to $3200. Not only that but BTC has broken above weekly high and looked to flip the 4H 200 EMA. These levels are so important to both coins and the timing of the hack cannot be understated. Looking at this weeks chart we find ourselves in the same spot for the 3rd week in a row, $96,000 has been the starting point and midpoint emphasizing the choppy nature of the market and compression of price. The question is which way will BTC expand once this trend breaks, to the upside or to the downside?
by ProR35
Bitcoin's Balancing Act: Consolidation, Theft, and Market ForcesBitcoin continues to consolidate in the 90k - 106k area! Recently there was an act of theft from the ByBit cold wallet, resulting in over $1.5 billion worth of ETH being stolen. This is definitely a negative backdrop, we have seen good support from other exchanges and crypto project funders. Theoretically, it would be possible to roll the chain back as Arthur Hayes suggested, but it doesn't seem to be possible, although it would definitely play in favor of the bulls. I would expect a drop to the $91800 area for several reasons: 1. Bear dominance. This can be seen in the bullish and bearish volume indicator. Bullish volumes have fallen while strong sales volume growth is noticeable. 2. Elliott Wave Correction 3. BlackRock sold 3,283 BTC before the ByBit hack and has yet to buy more. 4. According to the smart money concept, 92400-91200 is a magnet. 5. Need to liquidate a large number of long positions that gained momentum after leaving the 99k level. Horban Brothers.
CRYPTO:BTCUSDShort
by horbanbrothers
Story Coin ($IP) Surges 122% Before Sharp Dip: What’s Next?Story Coin ( NYSE:IP ), a newly launched token, made headlines with an impressive 122% surge, only to experience a sharp 50% retracement shortly after. Despite this volatility, the asset has found a new support zone, suggesting potential for a renewed uptrend. Technical Outlook At the time of writing, NYSE:IP is down 19%, reflecting a cooling-off period after its parabolic move. However, the Relative Strength Index (RSI) sits at 47.74, indicating that selling pressure is decreasing and another breakout could be on the horizon. The stabilization of NYSE:IP aligns with its recent listing on major exchanges, including Bybit, adding to its credibility and liquidity. What Makes Story Coin Unique? Story Coin is built on a Layer 1 (L1) blockchain designed to revolutionize intellectual property (IP) management on the internet. It enables creators to seamlessly register, license, and monetize their IP assets through blockchain technology, ensuring transparency and efficiency. Market Developments and External Factors One notable market event impacting sentiment is the recent Bybit exchange hack, where $1.4 billion in ETH and stETH was reportedly stolen, according to blockchain investigator ZachXBT. While this incident does not directly affect NYSE:IP , it underscores the importance of security and trust within the crypto space.
MEXC:IPUSDTLong
by DEXWireNews
February 21 Bitcoin Bybit chart analysisHello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Here is the Bitcoin 30-minute chart. Nasdaq indicators will be released at 12 o'clock shortly. Nasdaq is moving sideways in the 6+12 pattern From the Top section to the Good section at the top, It is the resistance line of the Bollinger Band daily chart. (Best short entry section) I created today's strategy with the important conditions above. * Conditional long position strategy when the red finger moves 1. 98,332.5 dollars long position entry section / cut-off price when the green support line breaks 2. 99,740 dollars Top section long position 1st target -> Good 2nd target The target price at the top is important. By 9 am tomorrow morning when an additional daily candle is created If it reaches the Top-> Good section After long profit taking, short position switching -> long position is autonomous I think it would be good to look at the final 1+4 section. (Currently, 1st section, around 97875.5 dollars) After finishing today with an upward sideways movement If it reaches the top section tomorrow, You can continue to maintain a long position by modifying the stop loss price. Refer to Great -> Miracle at the top. This part is a strategy based on the shape of the resistance line on the daily chart. If it deviates from the current position, The bottom section becomes the 1+4 section And then the 2nd section Please check the shape of the support line on the daily Bollinger Band chart over the weekend. Please use my analysis so far for reference and use only Thank you for your hard work this week. Thank you.
BYBIT:BTCUSD.PLong
by BitCoinGuide
February 19 Bitcoin Bybit chart analysisHello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Here is the Bitcoin 30-minute chart. There is no Nasdaq index announcement today. At the bottom left, the purple finger connected the 2nd section yesterday, 94,142 dollars final long position entry section. *In the case of the sky blue movement path It is a two-way neutral strategy. We focused on the final long position. 1. 97,550.5 dollars short position entry section / cut-off price when the orange resistance line is broken 2. 95,743 dollars long position switching / cut-off price when the green support line is broken 3. 98,526.5 dollars long position 1st target -> Great 2nd target If there is an immediate adjustment from the current position The 1st section (95,085.5 dollars) at the bottom is the long position waiting section. The bottom section is today's major rebound section. Up to this point, I ask that you simply use my analysis for reference and use only. I hope that you operate safely with principle trading and stop loss prices. Thank you.
BYBIT:BTCUSD.P
by BitCoinGuide
February 18 Bitcoin Bybit chart analysisHello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. This is a Bitcoin 30-minute chart. There is no separate Nasdaq indicator announcement. Bitcoin is in the process of a 12-hour MACD dead cross, so I had a hard time analyzing it today. *When the red finger moves, it is a short->long or long position strategy. 1. $95,200 long position entry point / stop loss when the purple support line breaks away 2. $97,550.5 long position 1st target -> Good 2nd target (Compared to the Bollinger Band daily chart center line, the 12-hour chart resistance line is higher, so I did not operate a separate short position, and the 12-hour chart MACD dead cross must be finally imprinted.) If it goes up right from the current position, I think it would be good to start with a purple finger $96,769.5 short position. (Red resistance line breakout, stop loss price) 95,200 dollars long position switching is the same. The first section at the top is the short position operation section, and the second section at the bottom is the double bottom section, so you should be careful because it can deviate strongly. The bottom section is the center line of the daily chart, which is today's major support line. Up to this point, please use my analysis article only for reference and use. I hope you operate safely with principle trading and stop loss price. Thank you.
BYBIT:BTCUSD.PLong
by BitCoinGuide
February 17 Bitcoin Bybit chart analysis Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Bitcoin 30-minute chart. There is no Nasdaq indicator announcement today. Long waiting based on the rising pattern in Nasdaq The best short entry section in Tether Dominance came out at the mid-term point. There is a possibility of a gap reversal at the top and I may miss the entry point today, so I operated aggressively. *One-way long position strategy when the red finger moves 1. Pursue purchase at $96,252.5 / Stop loss when the purple support line breaks away or when the 2nd section is touched 2. Top section 1st target -> Good 2nd target Short position switching when the Good section is reached Movement within the 1st and 2nd sections at the top is a sideways market. There may be a strong decline from the 2nd section breakaway, so those who are operating long positions should be careful. Up to this point, I ask that you simply use my analysis for reference and use only. I hope that you operate safely with principle trading and stop loss prices. Thank you.
BYBIT:BTCUSD.PLong
by BitCoinGuide
February 13 Bitcoin Bybit chart analysis Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. This is the Bitcoin 30-minute chart. There will be a Nasdaq indicator announcement at 10:30 in a little while. Nasdaq touched the resistance line of the 4-hour Bollinger Band chart, but Bitcoin failed to touch the resistance line, so the adjustment is coming out stronger. There are Nasdaq variables, and the pattern is broken, so today's analysis was also very difficult. It's complicated, but I made the strategy as simple as possible. There are many key contents, so please check the analysis article carefully. *Red finger movement path One-way long position strategy 1. 95338.5 dollars long position entry section / stop loss price when blue support line is broken 2. 97967 dollars long position 1st target -> Top 2nd target (After reaching the top section, long position liquidation, until short position switching) The purple finger section at the top 96.6K is The best short position and vertical decline section. If the orange resistance line is broken, you can operate a self-short based on the stop loss price. (Today is the first 15-minute resistance line touch section) The probability of the strategy succeeding increases when purple finger short -> purple support line is broken. The first section at the top is the final short position operation section for today + if it doesn't break through, it's a sideways section. If it comes down right before the purple finger touches, the bottom section becomes the long position waiting section. If you look closely at the sky blue support line, you'll see a gray trend line. This section is a mid-term upward trend line, and if it doesn't break out, the upward trend can continue, so I set the stop loss price a little loosely. From the 93.5K deviation shown below, it touches the Bollinger Band daily chart support line section from the third section, so a downward trend can be connected, so those who are operating long positions should be careful. There may be variables in Nasdaq, so please check the Nasdaq analysis article I left. I explained it in detail today because the participation rate was high, but I don't know if you're satisfied. Up to this point, I ask that you simply use my analysis for reference and use only. I hope that you operate safely with the principle of trading and cut-off price. Thank you.
BYBIT:BTCUSD.PLong
by BitCoinGuide
February 12 Bitcoin Bybit chart analysisHello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. This is Bitcoin's 30-minute chart. The Nasdaq CPI indicator will be announced at 10:30 in a little while. *When the red finger moves, It is a one-way long position strategy. 1. $95,310 long position entry point / When the green support line is broken, Or when the bottom is touched, stop loss price 2. $97,509.5 long position 1st target -> Top 2nd target If it reaches the Good section in the early morning hours or tomorrow afternoon, Short position switching I marked the small wave in the middle with a pink finger, So I think it would be good to use it. At the current position, If the pink resistance line section at the top, 96,313.5 dollars, short position operating section is touched first, the area near section 1 at the bottom can be the long position switching section, and it can end with a strong rise along the purple parallel line support line. The key to today's strategy is to move sideways at the current position and then rebound after touching the lower tail of 95,310 dollars (Bollinger Band 30 minutes -> maximum 1-hour chart support line section) The Nasdaq movement is most important. From the bottom section at the bottom Because it touches the Bollinger Band 12-hour chart support line A mid-term downtrend can be connected, You should be careful from a long position standpoint. Section 2 is the daily chart support line, and if this section breaks, it becomes the daily chart double bottom section. Since you have been shaking it without any reason since last week, I thought about it and proceeded as safely as possible today. Please use my analysis article as a reference and for reference only. I hope you operate it safely with the principle of trading and stop loss. Thank you.
BYBIT:BTCUSD.PLong
by BitCoinGuide
February 7 Bitcoin Bybit chart analysisHello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Here is the Bitcoin 30-minute chart. The Nasdaq indicator will be released at 10:30. (Non-farm index) Since it is a sideways section and there are so many variables in the Nasdaq, I proceeded as safely as possible. Also, the sideways section is difficult and complicated to explain, but today, the participation rate was good, so I proceeded simply and mildly. *Red finger movement path Long position strategy (final short) 1. 96,727 dollars long position entry section / cut-off price when the green support line is broken 2. 100,445.5 dollars long position 1st target -> Top 2nd target until the weekend After reaching the top section, switch to a short position Check the live support line and price range The first section at the top is a sideways market From the first section breakout, an upward trend can be connected. If you don't touch the first section and come down right away, the second section becomes the final long position, and the MACD dead cross imprint on the weekly chart during the weekend is the main key point. Even if it breaks through the top section and continues to rise, the dead cross may continue to press down next week, so it could be a headache. If you look at the bottom, from the current position to the sky blue support line of $98,912.5 (safe zone) and maintain it without breaking away from the bright sky blue of $92,796 at the bottom (danger zone), it would be good. You may have been surprised by the sudden decline last week due to Nasdaq and Trump, but as I explained last time, since the movement is within the expected range, it seems that the direction will be revealed to some extent after this week. I ask that you simply refer to and use my analysis so far, and I hope that you operate safely with principle trading and stop loss prices. You worked hard this week too. Thank you.
BYBIT:BTCUSD.PLong
by BitCoinGuide
February 5 Bitcoin Bybit chart analysisHello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. This is the Bitcoin 30-minute chart. Shortly, at 10:30 and 12 o'clock, there will be a Nasdaq index announcement. The purple finger on the lower left is connected to the long position switching section of 96,657 dollars yesterday. Currently, there is pressure from the MACD dead cross on the 4-hour and 6-hour charts, and the short-term golden cross and the medium-term have already been imprinted, so there is a very high possibility of a sideways movement. To explain it simply, If anyone sees a decline due to the 4-hour MACD dead cross, I am using a strategy that holds on as much as possible even if it moves sideways, and that there may be another rebound. There is still time left this week. First of all, it is because Nasdaq is basically ignoring all Bitcoin waves, patterns, and signals, and because the rebound is continuing due to Trump's tariff suspension. Instead, I held the stop loss tightly and I created today's strategy by comparing it to Tether Dominance. *When the blue finger moves, Bidirectional neutral Short->Long switching strategy or final long waiting strategy 1. $99,246 short position entry section / stop loss when orange resistance line is broken 2. $98,099, long position switching in section 1 / when green support line is broken or when section 2 is touched 3. $101,436 long position 1st target -> Top section 2nd target The top section is the center line of the Bollinger Band daily chart. Since it is the first touch in this wave, If it touches before the additional daily chart is created at 9 am tomorrow, After liquidating the long, short short If it reaches it after tomorrow, it can be raised with some force, so let's solve it together while maintaining the long position. If the strategy is successful today, I have also indicated the additional long position entry section at the daily closing price, so please use it conveniently. It has currently reached section 1, but if it falls from the current position, it will fall vertically. The section 2 at the bottom is the final long waiting section if it fails to touch the 99.2K short entry point at the top and it goes down. From section 2 below, the support line is Bottom -> Section 3. Since the distance is far, I hope you operate well in real time. Please use my analysis article as a reference and only Please operate safely with principle trading and stop loss. Thank you.
BYBIT:BTCUSD.P
by BitCoinGuide
February 3 Bitcoin Bybit chart analysisHello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. This is the Bitcoin 30-minute chart. Nasdaq indicators will be announced at 12 o'clock soon. The Nasdaq variable and the Bitcoin weekly chart MACD dead cross are in progress, so the analysis difficulty is high. I had a hard time finding the entry point and the stop loss price. It will be hard, but let's hold on this week. Also, if it falls from the current position, Nasdaq will have a vertical decline condition, so you have to be careful. In the case of Tether Dominance, there is no resistance line yet, so if it doesn't crash all at once, it can be shaken by a short-term wave. I created today's strategy focusing on this part. * When the blue finger moves, It is a two-way neutral Short->Long switching or long position waiting strategy. 1. 96,413 dollars short position entry section / when pink resistance line is broken or when section 1 is touched, stop loss price 2. 95,120 dollars long position switching / when purple support line is broken or when section 2 is touched, stop loss price 3. 99,612 dollars short position switching / when red resistance line is broken or when Good section is touched, stop loss price 96.4K short position at the top from the current position If the entry point is not touched Long waiting at section 2 below / stop loss price when green support line is broken. Section 1 at the top is a sideways market It is the second short position entry section of today. The final long position target and short position switching section that I expect is the center line of the 4-hour Bollinger Band chart. It is expected to be around the top section, and if it rebounds to this section, the weekly chart MACD dead cross will be released, so you can press it again. There are two conditions for the dead cross to be imprinted: it is pushed to 86.5K at the bottom (major support line) or it is imprinted naturally while moving sideways. It won't be easy to break through all the resistance lines at once with a vertical rise and touch the Bollinger band resistance line, right? Of course, it is possible if the Nasdaq goes crazy while soaring. This week, it can continue to shake while moving sideways, and it doesn't look easy to see an upward trend, so short-term trading seems advantageous. I marked 89,853.5 dollars below the bottom, and since it is a section where a newly created mid-term upward trend is maintained, it seems safe to just hold this spot this week. Above all, the Nasdaq movement is the most important, so check it in real time. Up to this point, I ask that you simply use my analysis for reference and use only. I hope that you operate safely with the principle of trading and cut-off price. Thank you for reading.
BYBIT:BTCUSD.P
by BitCoinGuide
january 31 Bitcoin Bybit chart analysisHello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. This is Bitcoin's 30-minute chart. There will be two Nasdaq indicators released at 10:30 in a little while. There is a gap section at the top and bottom of Nasdaq, so it seems likely that it will shake once. Bitcoin has MACD dead cross pressure on the 4-hour chart. I created today's strategy by comparing it to Tether Dominance. *When the blue finger moves, Bidirectional neutral Short->Long switching, or long position waiting strategy 1. $104,641.5 short position entry section / Orange resistance line breakout, stop loss price 2. $103,12 long position switching / Green support line breakout, stop loss price (If it comes down right away, 104.6K is the long position waiting section, same stop loss price) 3. $106,943 long position 1st target -> Target price in order To ignore the 4-hour chart MACD dead cross, The condition is that it touches the 1st section or more, the 4-hour chart resistance line of the Bollinger Band. If not, It should be imprinted while moving sideways until 9, 1, and 5 o'clock when the 4-hour candle is created, and I created a strategy based on that. The first section at the top is a sideways section / the blue support line at the bottom is an upward trend line from a mid-term perspective. If the green support line breaks, you should be careful because it can go down to Bottom -> 2 at once. I'm not in good condition today, so I'll finish here and go in. Please use my analysis so far as a reference and only I hope you operate safely with principle trading and stop loss prices. Thank you.
BYBIT:BTCUSD.P
by BitCoinGuide
(Lunar New Year Special) january 24 Bitcoin Bybit chart analysisHello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Bitcoin 4-hour chart This is the main drawing section. It seems to have taken about 2 and a half hours just to draw it. The section where the flag is marked is the section where the daily chart is created, and the last flag is January 31st, when the holiday ends. This week, there has been absurd and bizarre repetition of unasked rises and unasked falls. The reason is that after the report was updated, as I explained in detail in the last video, it is right before the bitcoin price skyrockets. Based on the Bollinger Band weekly chart, it is important to see whether the resistance line is touched first (a major rise) and whether the MACD dead cross on the weekly chart will occur first, and adjustments and sideways movements will occur. Based on that, if you look at the high and low points on the right, I have indicated the prices. At the very top, 117,182 dollars touches the weekly chart resistance line, moving towards a mid-term upward trend If 99,703 dollars at the bottom is broken first, it will be the place where the weekly candle low is broken. It would be bad if the two light-colored sky-blue support lines I drew were broken. Because it is the place where the sideways movement and support line are broken, I calculated the main section, so I think it would be good to refer to it. This is a 30-minute chart of Tether Dominance moving in the opposite direction of the beat. Today, in terms of the pattern, it touched the 5-minute and 15-minute resistance lines, and the 30-minute chart resistance line section order. I carried out a short position strategy in the sky blue finger section/strong downward section. In the case of Tether Dominance, the 6-hour chart and 12-hour chart MACD dead cross are currently in progress. I applied it to Bitcoin as is. Here is the Bitcoin 30-minute chart. There is a Nasdaq indicator announcement at 12 o'clock tonight. The Nasdaq is in the process of a 6-hour MACD dead cross, and I judged that this section is not very dangerous. The short-term pattern is still alive, and the MACD golden cross is imprinted on the weekly chart, and even if there is a strong adjustment in Nasdaq, since the 1+4 rising pattern is waiting, I focused on the rise and proceeded with the strategy. *One-way long position strategy when the red finger moves 1. $104,740 long position entry section / stop loss price when the green support line is broken 2. $109,231.5 long position 1st target -> target price in order from the top Based on the Tether dominance movement and the Bitcoin pattern, I focused on the rebound from the 30+1 pattern. Up to the first section, it is a sideways movement, and from the top section, it is a new record, and if it reaches this point, it will continue to rise significantly. In preparation for a strong adjustment in Nasdaq, I maintained the stop loss price for the 30-minute support + 1-hour support of the second section, which is marked as the final long position waiting section. If it touches the bottom section today, It is not good because the daily chart low is broken. If it falls to 101.4K at the very bottom, Pay attention to the 6+12 pattern that was not recovered yesterday. Basically, if it comes down to this section, It is not good because the center line of the 12-hour Bollinger Band chart has been touched several times, and the support line of the 6-hour chart is also open. Please refer to the final support line explained at the mid-term point at the top. Today, I explained it in detail for the first time in a while, and I did my best to analyze a week's worth, I hope it was helpful for your actual trading. Up to this point, I ask that you simply use my analysis for reference and use only and I hope that you operate safely with principle trading and stop loss prices. Since it's a long holiday, don't just look at the charts, and I hope all my followers have a good time with their families next week on Lunar New Year. Happy New Year. Thank you always.
BYBIT:BTCUSD.PLong
by BitCoinGuide
XLMUSDT: Bearish Pressure Rising – Breakdown or Fakeout? 💥 BINANCE:XLMUSDT.P continues its downtrend, struggling under a descending trendline, currently trading around 0.42018 USDT . The price has failed to break above resistance, strengthening the bearish momentum. Will we see a breakdown or a reversal soon? --- 🔑 Key Levels: Support: 0.41998 USDT — immediate support currently being tested. 0.41651 USDT — a key level where buyers may step in. 0.40268 USDT — if price reaches here, bears are fully in control. Resistance: 0.44319 USDT — critical level, a breakout here could break the downtrend. 0.44763 USDT — liquidity zone, potential upside target. 0.50000 USDT — longer-term target, requiring strong demand. --- 🚩 Trading Strategy: Entry Points: - A short setup if price breaks below 0.41998 USDT with strong volume confirmation. - A long setup only if price shows a clear reversal above 0.44319 USDT . Stop-Loss: - Shorts should have SL above 0.44319 USDT . - Longs should place SL below 0.41651 USDT to avoid liquidity traps. Take-Profit Targets: 0.41530 USDT — first target for shorts. 0.40268 USDT — potential bottom where buyers may appear. 0.44763 USDT — in case of a bullish breakout. --- 📈 Technical Analysis: The downtrend remains intact as long as price stays below the descending trendline. Low trading volume suggests weak bullish momentum. A breakdown could accelerate selling as long positions get liquidated. --- 💡 Conclusion: Price is at a critical zone – if support fails, bears could push it below 0.40 USDT. The big question is: will this be a liquidity grab with a sharp reversal, or will bears keep the pressure on? Let's discuss! 🐻📉
Short
by Max_Pr0fit