Btc!
#VictoriaVR Analysis ( 10x-50x GEM Potential)#VictoriaVR Analysis ( 10x-50x GEM Potential)
Strong Resistance: $0.016 ( If Break $0.016 resistance then we can see very big Upward Relly.
Best Accumulation Zone:
$0.014-$0.010
Potential Return:
Expecting 10x-50x in Bull Market
About #VictoriaVR:
A Blockchain MMORPG in Virtual Reality with Realistic Graphics on Unreal Engine. Owned by its users.
Disclaimer:
- Personal Opinion, Not Financial Advice
Ethereum Symmetrical Triangle Chart Analysis #Ethereum Symmetrical Triangle Analysis CRYPTOCAP:ETH
#ETH is currently forming a symmetrical triangle, presenting a potential breakout or breakdown scenario.
A successful breakout above the $2340 level indicates a bullish trend till $3000 Target.
But
Conversely, a breakdown below the symmetrical triangle support at $2200 suggests a bearish trend And Traders should be prepared for a potential retest of the $1500 level in this scenario.
- Avoid Blind Trades:
- Trade with confirmed signals.
- Utilize technical analysis for precision.
Bitcoin Bull Market Target And Bottom Analysis Bitcoin Weekly Chart Analysis
Current Status: Expansion Block
#BTC is currently navigating within the expansion block, and signs point to a potential rejection around the $47,000-$48,000 range.
Red Box: Correction Block
Anticipating a correction phase, with a possible retracement to $31,000 if Bitcoin faces rejection at the $48,000 level.
Retracement Scenario: Opportunity Beckons
Following this retracement, we brace ourselves for the next bull run. This dip could present excellent buying opportunities for astute investors.
Next Bull Run Projection: Green Box
Envisioning a bullish zone in the green box, with expectations reaching around $150,000 in the next significant uptrend.
Key Levels:
Support: $31,300
Resistance: $47,000-$48,000
Bitcoin Bearish Pattern So ready for $31500 ?Bitcoin Analysis Update
Current Status: Near Parallel Channel Resistance
Bitcoin is currently hovering near the parallel channel resistance, with a range between $40,500 and $41,000. The recent price action resembles a rising wedge, suggesting a potential bearish move if the $41,000 level faces rejection.
Anticipated Reversal Scenario:
If the price rejects from the $40,500-$41,000 range, we may witness a bearish trend. The initial stop is projected at $37,500, and a second stop at $32,000 could come into play if the channel support at $37,500 is breached.
Key Levels to Watch:
Support Levels: $37,500 / $32,000
Resistance Level: $41,000
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