SL2ENTRY

SL2ENTRY Updated 

BEARISH ALERT! The market is going grizzly, folks! Both the 1hr and 5min charts are showing bearish trends, with lower highs and lower lows trapped in a descending channel. Anything broken above top trendline could change direction, but stay cautious of fake break outs, always look for a retest and a confirmation before executing a buy. Here's the bear...

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The higher timeframe chart (1-hour) displays a robust bullish trend, characterized by higher highs and higher lows. This outlook is reinforced by the lower timeframe chart (5-minute), suggesting potential upward continuation. MARKET STRUCTURE The higher timeframe chart showcases a bullish market structure, with consistent breaks above previous highs. The lower...

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The higher timeframe chart shows a decisive breakout from a descending channel, signals a potential trend reversal from bearish to bullish. This shift is confirmed by the lower timeframe chart, which displays price breaking above resistance levels and maintaining higher highs and higher lows. MARKET STRUCTURE On the higher timeframe, the market structure has...

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MARKET ANALYSIS The Bitcoin market shows a bullish trend on both higher (1-hour) and lower (5-minute) timeframes. KEY OBSERVATION - Higher timeframe: Bullish trend with higher highs and higher lows, supported by an upward sloping channel. - Lower timeframe: Bullish structure with a recent pullback, aligning with the overall bullish trajectory. - Market...

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MARKET ANALYSIS The current market trend appears bearish on higher timeframes, with lower highs and lower lows. However, the lower timeframe shows a potential bullish correction. KEY OBSERVATION - Higher timeframe (1-hour): Bearish trend, lower highs, and lower lows. - Lower timeframe (5-minute): Potential bullish correction, higher lows. - Misalignment...

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On November 4th, Bitcoin (BTCUSD) successfully tested trendline support at $66,783.77, followed by a decisive breakout above resistance at $68,800 on November 5th. This surge propelled BTCUSD to a new all-time high (ATH) in the $75,000 area. Consolidation and Continuation From November 6th to 9th, BTCUSD consolidated sideways before resuming its upward...

SL2ENTRY Updated 

Bitcoin's bullish momentum has reached a critical juncture. Key Levels: - Support Trendline: $76,400 - Breakout Target: $69,720 (previous resistance) - Long-term Target: $85,000+ Entry Strategy: - Wait for break of support trendline ($75,400) - Confirm bearish momentum - Short positions considered Market Sentiment: - Cautious, awaiting break or...