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📊 Analysis: RNDR — Bullish MACD Crossover on the 1D Chart.
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🚀 Here's an extract of today's live session, bringing you the essential trade setups: PEPE, RNDR, and TRB 🚨
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PEPE Gearing Up For New All-Time High 🚀 Pepe has been one of the best-performing crypto tokens in this cycle so far. After breaking out of an inverse head and shoulders pattern at the beginning of May, Pepe reached a top of 0.0000179. At the time, buyers lost some steam, and the token entered into a consolidation. Here are two reasons why Pepe could have reached the local bottom and aims for a new ATH soon. 1️⃣ Technical Indicators: Pepe has flashed a bullish MACD crossover on the daily chart. This signal is reliable, especially in higher timeframes. Backtests show that in 70% of all occurrences, the price rose by more than 10% right after. 2️⃣ Chart Setup: Pepe is forming a nice U-formation on the daily chart with its bottom at 0.00001. If $PEPE follows this pattern and gets fueled by bullish indicators, a re-visit of the previous ATH is likely. Based on the current level, this results in a profit potential of 35% - 40%. -- Check my bio for more free trade strategies. #TradeSignal #pepe⚡
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MARK YOUR CALENDARS 📆 Tomorrow's live session will take place at 7:30 AM UTC. Make sure to join. If you want me to cover a specific token, drop it in the comments 👇 Join here!
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Measurable Data Token Flashes Bullish Signal — 7% Profit Potential 🚀 $MDT performed nicely the last few days and is already up 3.5% today. The token flashed a #bullish EMA crossover on the 4H chart. Usually, this crossover signals a continuation of the recently started trend. Based on the resistance levels, MDT will likely tackle the next resistance at $0.056. This level results in a profit potential of 6-7%, depending on your entry. If the bullish momentum continues, $0.06 is the next barrier to tear down. A stop loss could be placed at 0.051 Happy trading! -- For more free trade strategies you can visit Crypto OS. More details in my X bio. #TradeSignal
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