That looks tough! Bearish trading signals all over the place on the 1H chart. Hope it don't get bloody. | Ben Walther auf Binance Square

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Das sieht hart aus! Überall auf dem 1H-Chart bärische Handelssignale. Hoffentlich wird es nicht blutig.

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THETA — Volume Needed To Tackle Upcoming Resistances (And Propel Us To A 30% Trade Potential)! THETA found its local bottom between $1.20 and $1.25 and bounced nicely from it. Despite the recent positive performance, I don't consider THETA an asset to trade yet. Here's why: 1️⃣ THETA is still trapped in its downtrend that started in March. All attempts to break out have been unsuccessful. Just yesterday, THETA made a fresh attempt that was rejected immediately. As long as THETA trades below this trendline, I don't consider a long entry. 2️⃣ Moreover, THETA trades below the EMA200. If you follow my content, you already know that I consider this indicator crucial. It can be overruled by bullish momentum, but I don't see this in terms of THETA. 3️⃣ Once THETA breaks out of the downtrend and jumps above the EMA200, it faces a major resistance zone (1.80-1.85) immediately before it gets some room to breathe. 4️⃣ THETA shows a mixed bag of technical indicators. Since many momentum indicators show oversold signals due to the recent price increase, one can doubt that the above-mentioned resistance will be immediately smashed. 5️⃣ On higher timeframes, THETA has no valid trade signals (neither bullish nor bearish). On lower timeframes (4H, 1H), THETA printed some bearish signals. However, I wouldn't overestimate these signals. 💡What-If! Given that THETA manages to 1) break out of the downtrend, 2) jump above the EMA200, and 3) smash the resistance (optimally second by some bullish trade signals), I will consider a long trade. Since the next bigger resistance sits at $2.50, the trade's first profit target would have a potential of 30%. 🥊 The Challenge As promising and intriguing the above What-If scenario sounds I see one major hurdle: Volume. THETA's trade volume has been constantly decreasing since the spike in March. Even during times when the market saw considerable pump THETA's volume remained at a low level. In order to tackle the above resistances THETA requires a volume push more than anything else. $THETA #THETA/USDT

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Which tokens should I add to my watch list? Let me know in the comments 👇 #cryptupdates #chartupdate

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WIF Trade Update 🚨 WIF has delivered an exceptional performance. Accordingly, it has been a joy watching our trade :) So far, we've reached ~2/3 of the ultimate target. Since we can expect some resistance, I set the first take profit slightly below $3. The second take profit is located at $3.17. Although not reflected in the screenshot below, I adjusted the stop loss to $2.5 to ensure we could close this trade in profit. I'll keep you posted! $WIF #wifhatdog

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FLOKI — 4 Reasons To Remain Bullish (And Why I Stick To An 80% Profit Target) As with many other tokens, FLOKI experienced a considerable downtrend and lost and retraced ~60% in June. As always, during such periods, you can hear voices announcing that the coin is going to 0 and that the hype is over. Although meme coins are probably one of the toughest assets to forecast, I am convinced that FLOKI's next months are bright. Here are four reasons why I think FLOKI will pump massively and reach the level of 0.00034 during the next months. 1️⃣ FLOKI clearly found its bottom at the level of 0.00013, tested it several times, and finally bounced nicely with fresh upward momentum. 2️⃣ Subsequently, FLOKI crossed the EMA200 line and successfully retested it immediately afterward. The EMA200 is one of the most important indicators of a bullish trend. 3️⃣ Just recently, FLOKI also crossed the major resistance area at 0.00019 and is currently retesting it. Based on the current market sentiment, I expect a successful retest, further strengthening FLOKI's upside potential. 4️⃣ Today, FLOKI flashed a bullish EMA crossover signal. The signal indicates that a shorter-term moving average has crossed a longer-term moving average to the upside. Usually, this indicates the beginning of a stronger trend — in our case a bullish one. This signal has historically led to a price increase of >10% for FLOKI. What's Next 👇 Given the continuation of the bullish market, Bitcoin's strength, and the successful launch of the ETH ETF, I expect FLOKI to deliver a strong performance. When looking at the long-term trendline, the logical next target sits at 0.00034, resulting in an 80% potential (based on the current price). However, as always, it's worth mentioning that I don't expect FLOKI to reach this level overnight! $FLOKI #FLOKI?

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JASMY Update 🚨 In case you prefer watching over reading... Here's my latest update about JASMY. In this video, I analyze the current level and chart pattern and discuss why I think JASMY is about to go bullish soon. Tune in! $JASMY #Jasmyusdt⚠️⚠️

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