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Cryptocurrency News Articles

#BTCUSDT - LONG

Jan 06, 2025 at 05:03 pm

Based on the provided chart, it appears to depict BTC/USDT price action with multiple indicators. The price is consolidating below key resistance levels near $100,000. Indicators like MACD and RSI suggest mixed momentum. If RSI trends toward overbought and MACD shows bullish divergence, the sentiment leans bullish; otherwise, bearish.

#BTCUSDT - LONG

The provided chart showcases BTC/USDT price action with various indicators overlaid. The price is consolidating below crucial resistance levels around $100,000. Indicators like MACD and RSI hint at mixed momentum. If RSI edges toward overbought and MACD displays bullish divergence, the sentiment shifts bullish; otherwise, bearish.

The chart displays a bearish structure with evident "bear flag" patterns, waning momentum, and lower highs. Indicators like MACD and RSI align with diminishing strength, signaling potential continuation to the downside unless a reversal confirms bullish divergence.

The chart reflects a mixed trend with price consolidating near resistance. Indicators like MACD and RSI suggest neutral momentum. Potential upside depends on breaking resistance, while failure to sustain levels could signal bearish continuation. Watch key breakout zones.

This heatmap depicts liquidation levels and leverage distribution. Dense liquidation areas near key resistance (~$100,000) indicate strong selling pressure, while lighter regions below suggest weaker support. The current trend leans bearish unless substantial volume overcomes resistance, confirming bullish momentum.

ENTRY PRICE- 99,000

T/P- 100,000

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