Bitcoin's Key Moment: Will Bulls Overcome the EMA-200 Barrier?

12 lip

Yello, Paradisers! Do you feel the tension building in the crypto markets?

💎Since July 4th, #BTCUSDT has been battling the EMA-200 resistance level, a crucial barrier at $58,160. Breaking above this could be a significant short-term victory for the bulls, who have been held back for days. If #Bitcoin surpasses this level, the path clears up towards the descending resistance at $60,250. This is a key turning point; a strong bullish breakout here could propel the price initially towards $62,350, followed by the strong resistance levels of $64,000 and $65,480.

💎On the flip side, the EMA-250 at $55,650 serving as Bitcoin's primary support. This support is reinforced by descending supports on lower time frames, providing a sturdy foundation for Bitcoin's price. Additionally, the OBV (On-Balance Volume) indicator is at a strong support level, suggesting that the selling pressure might ease in the coming hours to days.

💎Trade smart, Paradisers! Stay disciplined and focused on your trading strategy. Your dedication and patience will set you apart in the long run.


MyCryptoParadise
iFeel the success🌴

16 lip

Transakcja zamknięta: osiągnięto wyznaczony cel

Yello! Bitcoin has achieved the idea targets at $64,100 and $65,165 levels, delivering an impressive 12% gain.

This surge was driven by a critical technical milestone we predicted—breaking the EMA-200.

Paradisers! Remember, strive for consistency, not quick profits.