Bithereum_io

Ok guys, let’s take a look at what’s happening on Bitcoin’s daily chart. We currently have a resistance zone and a support zone, and #BTC is moving between them. Since Bitcoin is trading below the Ichimoku cloud and the SMA50, while both MACD and RSI are showing bearish signals — combined with the market fear caused by Trump-related news — there’s a chance BTC might retest the support zone around $108,377 ~ $107,146. This area aligns with the daily SMA200, where #Bitcoin could potentially bounce. For a bullish scenario, Bitcoin needs to break above the resistance zone around $123,306 ~ $124,658. As long as it remains below this area, the market is considered to be in a bearish phase. Additionally, due to market manipulation and both real and fake news, #BTC could briefly dip to the weekly support zone around $102,620 ~ $101,109, or even make a short-lived shadow below $100,000. As long as Bitcoin doesn’t close a weekly candle below $100,000, the market can still be considered safe and capable of reversing upward. So, pay close attention to the support and resistance zones marked on the chart. Important Recommendations: 1- Avoid opening any long or short positions for now. 2- In the spot market, don’t go hunting for coins or tokens just because they look cheap — sometimes the “bottom” you’re buying might actually be the top! 3- Be patient and let the market find its direction and stabilize. Sometimes, waiting and watching is the biggest profit. 4- If you’re an experienced trader, you can buy strong coins with a small portion of your capital while keeping most of your funds in stablecoins to enter at the right moment. We hope this overview answers the questions many of you have sent us in private messages. Stay safe! Don’t let fear take over — and don’t act emotionally!

#RVN is trading within a falling wedge pattern on the daily chart. In case of a breakout above the wedge resistance, the potential targets are: 🎯 $0.01336 🎯 $0.01468 🎯 $0.01575 🎯 $0.01681 🎯 $0.01833 🎯 $0.02026 ⚠️ Always remember to use a tight stop-loss and maintain proper risk management.

#CHR is trading within a descending channel on the daily chart. Both RSI and MACD have turned bullish. Keep an eye on it and consider buying some #CHR here and near the support level of $0.0797. In case of a breakout above the channel resistance, the potential targets are: 🎯 $0.1158 🎯 $0.1304 🎯 $0.1450 🎯 $0.1657 🎯 $0.1922 ⚠️ Always remember to use a tight stop-loss and maintain proper risk management.

#TLM is trading within a descending triangle on the daily chart. In case of a breakout above the triangle resistance and the daily SMA200, the potential targets are: 🎯 $0.00577 🎯 $0.00706 🎯 $0.00811 🎯 $0.00916 🎯 $0.01064 ⚠️ Always remember to use a tight stop-loss and maintain proper risk management.

#APT has broken above the descending triangle resistance on the daily chart and is currently retesting both the triangle and the daily SMA200, which are acting as strong support levels. In case of a successful bounce, the potential targets are: 🎯 $5.424 🎯 $5.885 🎯 $6.346 🎯 $7.003 🎯 $7.840 ⚠️ Always remember to use a tight stop-loss and maintain proper risk management.

#NOT is trading within a falling wedge pattern on the daily chart. In case of a breakout above the wedge resistance and the daily SMA50, the potential targets are: 🎯 $0.001908 🎯 $0.002183 🎯 $0.002406 🎯 $0.002628 🎯 $0.002944 🎯 $0.003347 ⚠️ Always remember to use a tight stop-loss and maintain proper risk management.

#IOTA is testing the descending resistance and the SMA200 on the daily chart. Consider buying here and near the support levels of $0.1663 and $0.1471. In case of a breakout above both, the potential targets are: 🎯 $0.2037 🎯 $0.2409 🎯 $0.2711 🎯 $0.3012 🎯 $0.3441 🎯 $0.3987 ⚠️ Always remember to use a tight stop-loss and maintain proper risk management.

#ADA is trading within a symmetrical triangle on the daily chart and is currently trying to hold the price above the daily SMA100. Consider entering this coin after a solid breakout above the triangle resistance. In that case, the potential targets are: 🎯 $0.9378 🎯 $0.9945 🎯 $1.0512 🎯 $1.1320 🎯 $1.2348 ⚠️ Always remember to use a tight stop-loss and maintain proper risk management.

#BMT is trading within a falling wedge pattern on the daily chart and is currently on the verge of breaking out above the wedge resistance and the daily SMA50. If that happens, the potential targets are: 🎯 $0.0775 🎯 $0.0904 🎯 $0.1008 🎯 $0.1112 🎯 $0.1261 🎯 $0.1450 ⚠️ Always remember to use a tight stop-loss and maintain proper risk management.

#BONK is trading within a falling wedge pattern on the daily chart. In case of a breakout above the wedge resistance and the daily SMA50, the potential targets are: 🎯 $0.00002585 🎯 $0.00003004 🎯 $0.00003342 🎯 $0.00003680 🎯 $0.00004162 ⚠️ Always remember to use a tight stop-loss and maintain proper risk management.