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Ben Walther
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There we go! Hello, 0.03 🚀🚀🚀
Hate to say I told you so :)
$JASMY
#altcoins
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Ben Walther
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$JASMY — 0.03 Just A Stopover 🚀
As expected, JASMY broke out beautifully of its pattern and is currently challenging the 0.03 level.
However, this should be just a short stopover since it is more or less the previous high.
A logical target sits between 0.045 - 0.05. However, it might take some time and short retests.
#altcoins
Отказ от отговорност: Включва мнения на трети страни. Това не е финансов съвет. Може да включва спонсорирано съдържание.
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Ben Walther
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And y’all go like, wait everybody called for 52,000 😅 $BTC
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Is the Altseason about to start? What's behind today's Bitcoin dip? Here's a quick video that shares some insights about today's market moves.
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Fantom — Nice Bounce & Bollinger Bands Signal — High Probability 🚀 Fantom is one of the coins you should examine closely today. The token had a massive bounce after today's sell-off and performed strongly. FTM equalized the losses at the time of writing and is up almost 3%. Moreover, Fantom flashed a bullish Bollinger Bands signal on the 4H chart. In this case, backtests show extraordinary results, achieving 2% and 5% gains. However, if FTM continues to perform, it could go much higher since the next resistance sits at $0.65 — resulting in gains of ~15%. Nevertheless, using 5% as a first profit target might be a good idea. -- Visit Crypto OS for more free trade strategies. Details in my X bio. $FTM #fantom #TradeSignal
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Crypto Market RSI Hits 24 🚨 The average cypto market RSI hit a new low when it fell below 25. Currently, it is at 24.9. Based on data from the last 2 years, the RSI has never reached such a low level. Moreover, many coins have hit record-low RSI of 10 and even below. One interesting result of such a low RSI can be monitored today. Although $BTC declined by ~4%, (most) altcoins didn't suffer that badly. Usually, such a Bitcoin deep led to double-digit losses for altcoins. However, on the other side, the low RSI (also compared with bearish EMAs) provides clear signs of a bearish market. As I mentioned in other posts and videos, it needs a strong catalyst to drive fresh buying power. Otherwise, we will only see a small relief before going deeper. #Market_Update
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Weekly Close Creates Bearish Signal For Altcoins — More Downside Potential? For many altcoins, yesterday's weekly close was extremely bearish. In particular, many of them flashed a bearish EMA crossover. This signal occurs when the short-term moving average falls below a longer-term moving average. Usually, this is a strong sign of more downside potential — especially when the signal occurs on the weekly chart. Accordingly, the backtest shows a high (>80%) or highest (>90%) probability for most tokens that the signal plays out. Therefore, the options are evident: 1 — The slow downtrend continues throughout the summer, and we constantly reach new lows. 2 — A significant event (e.g., the ETH ETF launch date) revives the market and brings fresh buying power. Let me know your thoughts in the comments 👇
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