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Ben Walther
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Patience is everything.
0.03 programmed -
$JASMY
LIVE
Ben Walther
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صاعد
$JASMY — It’s just a matter of time until this baby pumps to 0.03 🚀
➡️ Chart looks primed
➡️ Technical indicators are almost perfect
➡️ $BTC and overall market is strong
Time to shine, JASMY
#jasmyustd
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مُنشِئ مُحتوى ذو صلة
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Ben Walther
@ben__crypto23
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Huh, What Crash? I read tons of posts about Bitcoin's "crash" today. Maybe I missed something but my Bitcoin chart looks fine. And most altcoins are down just 2%-4%. As discussed in many of my recent live sessions, Bitcoin is ranging sideways in a corridor between ~60k and ~62k. Of course, there's some volatility. Moreover, bulls and bears tests the channel's boundaries constantly. Nevertheless, as long as we don't have a daily candle close significantly outside this range we are simply in a sideways market. And yep, everything can change quickly but a BTC dip of 2-3% shouldn't scare you at all. Keep calm, watch the essential levels, and prepare accordingly. #Bitcoin $BTC
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Tellor Trade Successfully Closed — Signal Indicates More Downside Potential 📉 Just yesterday, I posted a trade setup to short $TRB on the 4H chart. With today's market dip we reached the profit target easily. However, the dip flashed another bearish signal for Tellor, indicating even more downside potential. Here are the details 👇 1️⃣ Trade Signal Tellor flashed a bearish Parabolic Trader signal on the 4H chart. The signal combines indicators such as the EMA200, PSAR, ADX, and MACD. 2️⃣ Reliability Based on backtests, the signal shows solid reliability on the 4H chart. In terms of TRB and based on 13 signals, it has a 77% probability of achieving 5% gains. 3️⃣ Profit Potential The profit target is calculated at 8% and aligns with the TRB's resistance at $82. However, based on the backtest data, it might be reasonable to use two profit targets. 4️⃣ What about the chart? Tellor's 4H chart looks mostly bearish and, therefore, supports the signal. The token fell below the reversal trendline, which has served as a support area for several days. #Tellor #TradeSignal
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Trade signals on the 1H chart are killing it. Hope some of you ride the wave.
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Why Avalanche Might Not Hit Its All-Time High During The Next Bull Run! I saw a couple of posts lately on social media that predicted 200, 300, or even 500 as a price target for $AVAX during the next bull run. This surprised me. I don't think that AVAX will get even close to those numbers. To make this very clear, my assumption has nothing to do with the project in general or Avalanche's technology. On the contrary, I am a big fan of Avalanche and think it will be one of the few projects that will exist ten years from now. I think AVAX won't hit its previous ATH during the next bull run for a simple reason: Circulating Supply! AVAX marked its ATH in November 2021, when the price peaked at ~145 USD. Based on the circulating supply at that time (~230m), the asset had a market cap of ~33b. Since 2021, the circulating supply of AVAX has constantly increased. Moreover, it will continue to increase until it reaches its total supply 443m. Currently, AVAX has a circulating supply of almost 400m. As a result, to reach the ATH price again, AVAX requires a market cap of 58b. That's almost twice the size of its previous ATH market cap. Although it isn't completely unrealistic, I consider it unlikely that Avalanche will double its market cap compared to the last bull run. But even if I am wrong with this assumption, the numbers show how unlikely prices of 200, 300, or even 500 are. Just to do the math: A token price of $500 would lead to a market cap of 200b. Nevertheless, I still think AVAX has a bright feature and solid potential during the next bull run. At the same time, I consider it essential to have realistic targets. #analysis #AVAX✅
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Why AVAX Might Not Reach Its All-Time High In The Bull Run 🧐
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