BMT/USDT Rebounding from Strong Demand Zone Is a Major Breakout?🧠 Complete and Insightful Technical Analysis:
The daily chart of BMT/USDT reveals a compelling structure for traders looking to capitalize on early-stage reversals and bottom entries. The price is currently consolidating within a strong historical demand zone, ranging between $0.069 – $0.087 USDT —
BMTUSDT is a time for over 100% jump? Target 0.20 ?On the 4-hour chart of BMT/USDT, we can see continued consolidation following a sharp decline. The price is moving within a narrow range just below the resistance formed by the EMA lines (10, 21, 30), which currently act as dynamic barriers. A breakout above these moving averages could be the first
BMTUSDT Forming Strong BullishBMTUSDT is demonstrating a strong bullish structure following its breakout from a descending wedge, which typically signals a reversal of trend. After consolidating for several weeks in a falling wedge pattern, the breakout to the upside—supported by increasing volume—marks a clear shift in momentum
BMTUSDT Forming a Bearish TriangleBMTUSDT is currently forming a bearish triangle pattern on the chart, which typically signals potential downward continuation. However, what makes this setup intriguing is the price's strong resilience around a key support level and signs of accumulation within the pattern. The volume remains steady
BMT Rebuy Setup (4H)After the heavy drop in BMT, the price is now approaching demand zones.
If it reaches the green zone, we can consider entering a buy position there.
Risk and capital management should not be forgotten.
Targets are marked on the chart. A daily candle closing below the invalidation level will inval
Bubblemaps short back to $0.08126just recently opened up a short position on bubblemaps. I anticipate that the market will continue to fall all the way down to $0.08126. Would have liked an earlier entry but missed it. Still for this setup, there will likely be another opportunity to scale in to maximize profit
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy