AbdulHanan pfp

AbdulHanan

@hananmehar88

84 Following
23 Followers


AbdulHanan pfp
AbdulHanan
@hananmehar88
Bitcoin has broken above the key level of $80,000 and is now trading above it. The market is experiencing pure FOMO, and we might see a correction soon. Be prepared for a correction and continue to book profits in open trades.
0 reply
0 recast
0 reaction

AbdulHanan pfp
AbdulHanan
@hananmehar88
Bitcoin's market cycles can be broken into four color-coded phases: 🔴 Deep Bear Market (below Realized Price), 🔵 Early Bull Market (between Realized Price and True Market Mean), 🟠 Enthusiastic Bull Market (between True Market Mean and ATH), and 🟢 Euphoric Bull Market (above previous cycle ATH). Currently, Bitcoin is attempting to transition from the Enthusiastic to Euphoric phase, having briefly touched the 2021 ATH of $69k in March 2024 before pulling back for consolidation.
0 reply
0 recast
1 reaction

AbdulHanan pfp
AbdulHanan
@hananmehar88
Bitcoin formed a Trump candle as soon as the counting began. Trump is currently in the lead, and a win will likely continue the upward trend. We could see a quick correction after the result is confirmed, with support around the $72,000-$73,000 area.
0 reply
0 recast
0 reaction

AbdulHanan pfp
AbdulHanan
@hananmehar88
EGLD analysis: Price is currently trading in a falling wedge pattern. It is near the support line of this pattern, and a bounce is expected from this level. You may consider entering a long position here with a tight stop loss. Support Area: $21.50-$22.00
0 reply
0 recast
1 reaction

AbdulHanan pfp
AbdulHanan
@hananmehar88
The TOTAL crypto market cap has broken through its long downtrend line, which is a bullish sign. We may see a continuation of upward movement in the coming days. The key resistance level is around $2.50 trillion, and we could expect a good rally if it breaks above this level.
0 reply
0 recast
0 reaction

AbdulHanan pfp
AbdulHanan
@hananmehar88
DOGE was rejected from the resistance area and faced significant selling pressure there. We may see another test of the resistance area in the coming days, so let's watch to see if the price can break above this level. Currently, this is not an ideal trade zone, so it's better to wait for a while before considering new entries.
0 reply
0 recast
0 reaction

AbdulHanan pfp
AbdulHanan
@hananmehar88
BTC made a clean breakout and now holding above the structural support zone, which is good. Looking at the H4 Trend market is fueling up for next leg up towards the $71,000 level. We can expect this move by Monday Market Open.
0 reply
0 recast
0 reaction

AbdulHanan pfp
AbdulHanan
@hananmehar88
ROSE Analysis : ROSE broke the trendline and dropping back to the support/ flip level and anticipating a reaction from the zone. Looking into the Daily TF, market can move higher from that, can you can long at the point with tighter stops and low risk.
0 reply
0 recast
3 reactions

AbdulHanan pfp
AbdulHanan
@hananmehar88
AST Analysis : AST rejected hard from the resistance area and goes into the consolidation again between the major support zone and resistance. Long looks good at the support zone with TP at resistance. Major Support : $0.073 - $0.080 Resistance : $0.097 - $0.010
0 reply
0 recast
0 reaction

AbdulHanan pfp
AbdulHanan
@hananmehar88
AERGO analysis: Price is currently trading within the support and resistance area, indicating a neutral zone. It is advisable to wait for clearer market conditions before considering new entries. Support Area: $0.0.75-$0.0834 Resistance Area: $0.118-$0.
0 reply
0 recast
0 reaction

AbdulHanan pfp
AbdulHanan
@hananmehar88
ADA analysis: Price is currently testing the support of the uptrend line. A rebound is expected, so consider opening a small long position with a tight stop loss. We might see a move toward the resistance area in the upcoming days. Support Area: $0.334-$0.338 Resistance Area: $0.40-$0.417
0 reply
0 recast
0 reaction

AbdulHanan pfp
AbdulHanan
@hananmehar88
CHZ broke through the resistance area on the second attempt and is now retesting it. You can consider opening a small long position at the retest with a tight stop loss. We may see a bounce from here. Support Area: $0.0638-$0.0652 Resistance Area: $0.0837-$0.0854
0 reply
0 recast
1 reaction

AbdulHanan pfp
AbdulHanan
@hananmehar88
Here’s an overview of all US Bitcoin spot ETFs: The overall trend remains bullish as BlackRock continues to accumulate Bitcoin, showing strong confidence in the market. Additionally, the selling pressure from Grayscale has significantly reduced, indicating a more stable environment. All signs point to positive times ahead for Bitcoin as institutional interest continues to grow.
0 reply
0 recast
0 reaction

AbdulHanan pfp
AbdulHanan
@hananmehar88
IOTA analysis: Price tested the support area and bounced from there. You can place your buy orders in the support area and wait. We may see a test of the support area again before the next move. Support Area: $0.113-$0.117 Resistance Area: $0.152-$0.156
0 reply
0 recast
0 reaction

AbdulHanan pfp
AbdulHanan
@hananmehar88
XAI is experiencing a significant increase after testing the support area. The long position is now up by more than 21%. Consider taking some profit or maintaining the position with a trailing stop loss. Resistance Area: $0.243-$0.258
0 reply
0 recast
0 reaction

AbdulHanan pfp
AbdulHanan
@hananmehar88
Key Bitcoin Support Levels 🔸 Based on on-chain data, the most significant support zones are: 1️⃣ $61,101 (1.83% of total BTC moved) 2️⃣ $60,365 (2.01% of total BTC moved) 3️⃣ $59,630 (1.29% of total BTC moved) 4️⃣ $58,892 (1.35% of total BTC moved) Keep an eye on these levels for potential strong support!
0 reply
0 recast
0 reaction

AbdulHanan pfp
AbdulHanan
@hananmehar88
Bitcoin experienced a sharp drop due to the war news but managed to hold the $60,000 support level and bounce back. The local resistance is in the $62,000-$62,500 range.
0 reply
0 recast
0 reaction

AbdulHanan pfp
AbdulHanan
@hananmehar88
AXL analysis: Price is currently trading within a range bounded by a support and resistance area. It is advisable to refrain from trading in this zone and wait for a more favorable setup. Support Area: $0.456-$0.482 Resistance Area: $0.77-$0.805
0 reply
0 recast
2 reactions

AbdulHanan pfp
AbdulHanan
@hananmehar88
CZ is back and we will see some action in the coming weeks.
0 reply
0 recast
0 reaction

AbdulHanan pfp
AbdulHanan
@hananmehar88
FET Analysis: The price is gradually approaching the major resistance zone. This is a critical level to watch, and it’s important to wait for a clear breakout before making any moves. Right now, it’s not an ideal trading zone due to potential volatility. Better to observe how the price reacts once it hits the resistance area. Resistance Area: $1.85 - $1.95
0 reply
0 recast
0 reaction