29299
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Bitcoin Bullets® Market Analysis
July 31, 2024
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⚪️TECHNICAL (1D)
Bitcoin faced a fifth rejection while attempting to break out of the descending trendline. Currently, it is holding above the horizontal support. For a bullish confirmation, the bulls need to successfully break through the trendline resistance. If the horizontal support is retested and fails, a correction is likely to follow.
⚪️WRAP-UP (VIP)
BTC faced a fifth rejection at the descending trendline and is holding above horizontal support. Bulls need to break the trendline resistance for a bullish signal; otherwise, a breakdown could lead to a correction.
$BTC DAILY RANGE:
📈Upper Limit: 67000
📉Lower Limit: 65000
(+-11% based on moving average volatility open/endpoints)
📌SCALP ENTRIES (VIP)
(*Advanced traders only - moderate/high risk)
🔵LONG
💲63500
🔴SHORT
💲72000
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Bitcoin Bullets® Trading
📌$ALT/USDT (LONG)
Leverage: 5-10x
TARGETS
0.155✅
0.157✅
0.16✅
Profit: 51.2% (10X)🥂🔥
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- Bitcoin Bullets® Trading
📌$COTI/USDT (SHORT)
Leverage: 5-10x
ENTRY
0.12 to 0.1108
OTE: 0.115
TARGETS
0.109
0.107
0.101
0.097
0.089
0.074
0.060
SL
0.126
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- Bitcoin Bullets® Trading
📌$LQTY/USDT (LONG)
Leverage: 5-10x
ENTRY
0.7 to 0.85
OTE: 0.77
TARGETS
0.86
0.87
0.91
0.95
1.1
1.5
2.2
SL
0.65
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- Bitcoin Bullets® Trading
📌$WAXP/USDT (LONG)
Leverage: 5-10x
TARGETS
0.0353✅
0.036✅
0.038✅
0.040✅
0.045✅
Profit: 295% (10X)🥂🔥
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- Bitcoin Bullets® Trading
📌$POWR/USDT (LONG)
Leverage: 5-10x
TARGETS
0.217✅
0.22✅
0.24✅
Profit: 119.9% (10X)🥂🔥
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- Bitcoin Bullets® Trading
Bitcoin Bullets® Market Analysis
July 29, 2024
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⚪️TECHNICAL (1D)
Bitcoin is breaking out of the symmetrical triangle and approaching its all-time high horizontal resistance. A breakout, followed by a retest of the triangle and a candle close or retest above the all-time high, would confirm a bullish trend. However, if rejected, a correction is likely.
⚪️WRAP-UP (VIP)
Bitcoin is nearing all-time high resistance after breaking out of the symmetrical triangle. A successful retest above this level confirms bullish momentum, while rejection could lead to a correction.
$BTC DAILY RANGE:
📈Upper Limit: 69888
📉Lower Limit: 67000
(+-11% based on moving average volatility open/endpoints)
📌SCALP ENTRIES (VIP)
(*Advanced traders only - moderate/high risk)
🔵LONG
💲66000
🔴SHORT
💲72500
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Bitcoin Bullets® Trading
$BAT Market Analysis
The price action of $BAT 📉 on the daily timeframe is consolidating within a descending triangle pattern.
It has broken out of its trendline but has yet to retest above that level. A successful retest could signal a potential increase in momentum for $BAT's price action 📈.
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Bitcoin Bullets® Trading
📌$BAT/USDT (LONG)
Leverage: 5-10x
ENTRY
0.175 to 0.1974
OTE: 0.185
TARGETS
0.2
0.21
0.23
0.25
0.28
0.32
0.40
SL
0.163
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- Bitcoin Bullets® Trading
$DENT Market Analysis
The price action of $DENT on the daily timeframe is consolidating within a descending triangle pattern, respecting its horizontal support level marked between $0.000934 and $0.000871. 📉
A potential bounce back from this demand zone could occur, indicating a possible upward movement. 📈
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Bitcoin Bullets® Trading
📌$LSK/USDT (LONG)
Leverage: 5-10x
TARGETS
1.06✅
1.09✅
Profit: 43.1% (10X)🥂🔥
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- Bitcoin Bullets® Trading
$IRIS Market Analysis
The price action of $IRIS on the daily timeframe was consolidating within a descending channel pattern 📉.
However, it has recently shown an impulsive bounce from its horizontal support level 📈.
Currently, the price is consolidating, and it appears likely that it will test its horizontal resistance region level.
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Bitcoin Bullets® Trading
Bitcoin Bullets® Market Analysis
July 26, 2024
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⚪️TECHNICAL (4H)
Bitcoin regained momentum from the lower mid-horizontal support and reclaimed the upper horizontal support. We can expect the bullish trend to continue as long as it trades above this zone. However, if it breaks down below the upper and mid-horizontal supports, a market correction is likely.
⚪️WRAP-UP (VIP)
Bitcoin regained momentum, reclaiming the upper support. The bullish trend may continue above this zone, but a breakdown could lead to a market correction.
$BTC DAILY RANGE:
📈Upper Limit: 67500
📉Lower Limit: 63500
(+-11% based on moving average volatility open/endpoints)
📌SCALP ENTRIES (VIP)
(*Advanced traders only - moderate/high risk)
🔵LONG
💲63000
🔴SHORT
💲72000
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Bitcoin Bullets® Trading
📌$POWR/USDT (LONG)
Leverage: 5-10x
TARGETS
0.217✅
0.22✅
0.24✅
Profit: 119.9% (10X)🥂🔥
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- Bitcoin Bullets® Trading
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📌$BICO/USDT (LONG)
Leverage: 5-10x
ENTRY
0.26 to 0.2965
OTE: 0.28
TARGETS
0.301
0.308
0.318
0.33
0.37
0.48
0.60
SL
0.245
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- Bitcoin Bullets® Trading
$COTI Market Analysis
The price action of $COTI on the H4 timeframe, after forming an ascending channel pattern, is breaking down its support trendline but still consolidating at this support level.
If the price action successfully breaks down and retests below this level, we could see a drop in the price action 📉.
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Bitcoin Bullets® Trading
📌$RLC/USDT (LONG)
Leverage: 5-10x
TARGETS
2.04✅
Profit: 16.9% (10X)🥂🔥
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- Bitcoin Bullets® Trading
Bitcoin Bullets® Market Analysis
July 30, 2024
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⚪️TECHNICAL (1D)
BTC recently faced rejection at the trendline resistance and subsequently experienced a correction. Currently, it is trading above the horizontal support. For a strong bullish confirmation, bulls need to break out above both the trendline and the horizontal resistance. Conversely, if there is a breakdown, a retest of the horizontal support may occur, potentially leading to further correction.
⚪️WRAP-UP (VIP)
BTC was rejected and corrected at trendline resistance. It is now above horizontal support. Bulls need to break the trendline and horizontal resistance for confirmation. A breakdown may lead to a retest and further correction.
$BTC DAILY RANGE:
📈Upper Limit: 70100
📉Lower Limit: 65800
(+-12% based on moving average volatility open/endpoints)
📌SCALP ENTRIES (VIP)
(*Advanced traders only - moderate/high risk)
🔵LONG
💲64000
🔴SHORT
💲73000
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Bitcoin Bullets® Trading
$XVS Market Analysis
The price action of $XVS on the daily timeframe 📅 is consolidating above its horizontal support level after breaking out of the resistance trendline of the pattern.
There are candle imbalances left, which are expected to be filled after a retest at this level.
This could provide further direction for the price movement 📈.
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Bitcoin Bullets® Trading
📌$XVS/USDT (LONG)
Leverage: 5-10x
ENTRY
6.5 to 7.63
OTE: 7
TARGETS
7.75
7.85
8
8.3
10
12
15
18.5
SL
6.06
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- Bitcoin Bullets® Trading
📌$ONG/USDT (LONG)
Leverage: 5-10x
TARGETS
0.332✅
0.345✅
0.355✅
0.37✅
Profit: 134.3% (10X)🥂🔥
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- Bitcoin Bullets® Trading
📌$GMX/USDT (LONG)
Leverage: 5-10x
TARGETS
25.8✅
26.5✅
28✅
32✅
Profit: 259.8% (10X)🥂🔥
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- Bitcoin Bullets® Trading
📌$TRU/USDT (LONG)
Leverage: 5-10x
TARGETS
0.134✅
0.137✅
0.141✅
Profit: 68.2% (10X)🥂🔥
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- Bitcoin Bullets® Trading
📌$DENT/USDT (LONG)
Leverage: 5-10x
ENTRY
0.00086 to 0.00097
OTE: 0.00089
TARGETS
0.000984
0.00100
0.00103
0.0011
0.0015
0.0021
0.0030
SL
0.00079
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- Bitcoin Bullets® Trading
📌$TRU/USDT (LONG)
Leverage: 5-10x
TARGETS
0.134✅
0.137✅
0.141✅
Profit: 68.2% (10X)🥂🔥
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- Bitcoin Bullets® Trading
📌$ZRX/USDT (LONG)
Leverage: 5-10x
TARGETS
0.37✅
0.38✅
Profit: 245.1% (10X)🥂🔥
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- Bitcoin Bullets® Trading
📌$LSK/USDT (LONG)
Leverage: 5-10x
TARGETS
1.06✅
1.09✅
Profit: 43.1% (10X)🥂🔥
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- Bitcoin Bullets® Trading
📌$NMR/USDT (LONG)
Leverage: 5-10x
TARGETS
15.5✅
15.8✅
Profit: 36.1% (10X)🥂🔥
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- Bitcoin Bullets® Trading
$BAND Market Analysis
The price action of $BAND on the daily timeframe is currently respecting its horizontal support level, which is marked between $1.42 and $1.33.
To see potential upward movements, it's crucial for the price action to hold above this support region.
Holding this level could indicate strength and a possible upward trend. 📈
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Bitcoin Bullets® Trading