TSLA
Tesla
-- 431.660 RGTI
Rigetti Computing
-- 17.0800 NVDA
NVIDIA
-- 137.010 LAES
SEALSQ Corp
-- 9.080 PLTR
Palantir
-- 79.080 
Bitcoins.... Aaand it's down! ๐๐๐โฌ๏ธโฌ๏ธโฌ๏ธ๐ฅ๐ฅ๐ฅ
So what is happening at Bitcoins? ![]()
To those who bought at the highs I am sorry for you. Hope you are fine.
Disclaimer โ ๏ธ : This is for education purposes and not a recommendation to buy or sell. This is not Financial advice and is based on my own opinion.
So fellow mooers, I am in the red but a happy red as I am starting to see an algorithm in the long run.
So what is my Technical analysis telling me today?๐ฎ Strap in ladies and gentlemen! ![]()
There is good news and bad news ๐ฐ for you bulls out there.
The bad news๐ฐ
Bad news is that is still going down!
Currently the red candles are showing a fading down trend, that goes to show that the bearish trend is starting to fade slowly. Hopefully, we could see a 89k to 90k support levels
If it breaks those support levels. The bear will have a happy time all the way down to 80k trend.
Now The good news๐ฐ
Observe the RSI carefully, there is a reversal happening in the RSI which indicate there is a possibility of slowing down and moving to the upside. If it holds better at the downtrend line of support we are seeing a 100k and beyond!๐Provided the condition that it breaks the 99.5k. ![]()
![]()
![]()
OK all this technical jargon confuses me? ![]()
![]()
![]()
![]()
![]()
Feel free to join my group to further discuss about Technical Analysis.
Alright that's all for today folks. May your trades be ever in your favour! ๐
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Casual and Social ๐ฑTrader and investor. โ
chartist for Trades โ
Financial reporter โ
Scalpers โ
Swinger
964Followers
163Following
2960Visitors
Follow
Jeffy Invests : Haha itโs up though?
Aaron Invests (AI) OP Jeffy Invests : For awhile I would see further pullbacks currently is fading still to the downtrend. Be cautious and stay safe!
Coach Donnie : Define down
Coach Donnie : Itโs gone up X % annually for 15 years
Aaron Invests (AI) OP Coach Donnie : Pullback on the short term bro. Not a drastic down yet.
Coach Donnie Aaron Invests (AI) OP : True - Even if it goes down to 50k itโs only down to those who sold prematurely
Aaron Invests (AI) OP : I am not saying this because I am a bear. I am saying this because I care. Please be prepared for disappointment during trading hour at 9.30am to 4.30pm est. Happy trading!
Coach Donnie : Nope hasnโt crashed in 15 years just made a lot of people Wealthy and offered a solution for quantitative easing / inflation.
Aaron Invests (AI) OP Coach Donnie : My first failed prediction. It's alright well I did mention there is a bullish prediction. Looking at the probability. Read again subtle hint of bullishness.
Coach Donnie :
Bullish Scenario 
Bearish Scenario 
โข If the price holds above $96,175 and breaks $97,096, expect a bullish continuation toward $98,000-$100,000.
โข Confirmation requires strong candles closing above $97,096 with volume support.
โข If the price breaks below $96,175, it could trigger a pullback toward $93,601 or lower.
โข A close below $93,601 would signal a more extended bearish correction.
Most Likely Trend:
โข Consolidation with a Slight Bullish Bias:
The chart suggests Bitcoin is consolidating within a tight range, preparing for a potential breakout. The bias remains bullish as long as support at $96,175 holds.
Key Levels to Watch
โข Resistance: $97,096 (Breakout confirmation) and $98,000-$100,000 (next target).
โข Support: $96,175 (critical support) and $93,601 (stronger support zone).
View more comments...