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#1000SATS/USDT ANALYSIS 1000SATS is rebounding from the support trendline of the descending channel. The 50-day moving average is acting as resistance above the channel. A breakout above the channel and the 50-day moving average would confirm a bullish trend. Conversely, a breakdown below the support trendline would invalidate the pattern. $1000SATS
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#BTC/USDT ANALYSIS Bitcoin has broken out of the ascending triangle pattern with significant volume, indicating potential bullish momentum. The Ichimoku cloud is providing support, further highlighting the bullish strength. A successful retest above the triangle would confirm this bullish trend. However, if the retest fails, we may see further price movement within the confines of the triangle.
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#BTC DOMINANCE ANALYSIS BTC.D is consolidating within a symmetrical triangle pattern, with the Ichimoku cloud acting as resistance above the current price action. We need to wait for a successful breakout or breakdown. A breakout from the triangle would suggest further downward movement in Alts. Conversely, if BTC.D breaks down the triangle and successfully retests it, we can expect a bullish rally in the Alts market.
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#STMX signal trade and results $STMX
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#AVAX/USDT ANALYSIS The price is consolidating within a falling wedge pattern and is currently bouncing off the support trendline. The Ichimoku cloud is acting as resistance above the pattern. A breakout above the wedge would confirm a bullish trend, while a breakdown below the support trendline would invalidate the pattern. $AVAX
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