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Here is the analysis of #AIXBT:
There is a falling wedge pattern forming on the 4-hour chart, and it is approaching the breakout point. A candle close above $0.12 will confirm the bullish scenario, and we will open a long position after that.
There is a falling wedge pattern forming on the 4-hour chart, and it is approaching the breakout point. A candle close above $0.12 will confirm the bullish scenario, and we will open a long position after that.
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#BTC has broken below the key support area, and the market is turning bearish for now. There is a possibility that the price may revisit the $108,000 level before making its next move. The previous support has now flipped into resistance.
#BTC retested the resistance area and was rejected. The market still lacks strength, and the price may revisit the $108,000 level. A breakout above $112,000 could propel the price toward the $115,000 zone.
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#BTC.D UPDATE : #BTC.D gone into slightly sideways after that huge drop. No its not near the support, so we can expect it to drop further towards 56.78% and key support at 56.86%.
#BTC.D UPDATE :
#BTC.D continues the drop and with that #BTC also slides below $110,000 which affected the altcoins. Now, Dominance again falling and expected would be around and 56.745 - 57.00%. Eyes on that level, and if you're any altcoin trades, then make sure to TP over there and scale0in after the break below.
#BTC.D continues the drop and with that #BTC also slides below $110,000 which affected the altcoins. Now, Dominance again falling and expected would be around and 56.745 - 57.00%. Eyes on that level, and if you're any altcoin trades, then make sure to TP over there and scale0in after the break below.
Short-Term Holder cost basis at $105.4k with key resistance bands at $125.1k (+1σ) and $141.6k (+2σ) 📊🎯. #BTC trading above baseline shows market strength 💪✅.
Price consistently faces resistance near +1σ band suggesting potential $105K-$125K range until breakout. Next major resistance at $141K zone 🚀⚡️👀
Price consistently faces resistance near +1σ band suggesting potential $105K-$125K range until breakout. Next major resistance at $141K zone 🚀⚡️👀
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#BTC retested the resistance area and was rejected. The market still lacks strength, and the price may revisit the $108,000 level. A breakout above $112,000 could propel the price toward the $115,000 zone.
#BTC in H4 TF trying to flip the resistance but we need to see that in Daily TF. Price forming the Bear Flag Pattern, which is a bearish continuation pattern, that can push the price lower. Price is truly bearish, so be alert with altcoins positions.
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#BTC in H4 TF trying to flip the resistance but we need to see that in Daily TF. Price forming the Bear Flag Pattern, which is a bearish continuation pattern, that can push the price lower. Price is truly bearish, so be alert with altcoins positions.
#BTC broke the Bear Flag Pattern and given a shallow break of the support too. Price can trend bearish now, so be careful to any open futures position. Wait for the further price action to develop.
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Here is the analysis of #AIXBT: There is a falling wedge pattern forming on the 4-hour chart, and it is approaching the breakout point. A candle close above $0.12 will confirm the bullish scenario, and we will open a long position after that.
#AIXBT gave a shallow break of the falling wedge pattern but the market still looks bearish. Price can move higher but bullishness will kick in after $0.12. You can have a small position and anticipate the break of the resistance level.
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#BITCOIN DAILY TF UPDATE : #BITCOIN on Daily TF, pushed all the way breaking the nearby support and reached the next key support zone of $111,600 - $112,000. Price perfectly rejected from there and now again at resistance and rejecting too. Price looks strong…
#BITCOIN DAILY TF UPDATE :
#BITCOIN on Daily TF, failed to flip the resistance area, and had a clean drop from there. Price broke the support area and now near to its next support zone around $106,000 - $106,450. We already warned about the market now still small drop can come, so plan the trades accordingly.
#BITCOIN on Daily TF, failed to flip the resistance area, and had a clean drop from there. Price broke the support area and now near to its next support zone around $106,000 - $106,450. We already warned about the market now still small drop can come, so plan the trades accordingly.
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#LINK ANALYSIS : #LINK had a very sharp rally in the altcoins rally, and reached the major resistance area of $26.10 - $26.80. Price looks slightly bearish at the moment. If price break the $25.00 mark then an aggressive buy can be taken along it.
#LINK started consolidation, below the resistance area and now the setup is forming, need to wait for the breakout now. Setup looks less probable, but take it once it happens.