In the context of a weekly time frame chart, it's worth closely monitoring the dominance of Tether ($USDT) as it appears to be nearing a potential breakout

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Altcoins are poised for an upward trajectory soon. Prepare your holdings and exercise patience.

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$ADA Update:

Confirmed Falling Wedge Upside Breakout on the Weekly Timeframe...

En Route to $1 Target 📈

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📣NEAR Protocol (NEAR) has broken out of a falling wedge on the weekly timeframe

📌Overall, the breakout of NEAR Protocol from the falling wedge is a bullish signal. However, it is important to wait for confirmation before entering a long position.

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$ARB (UPDATE)

👉If the price manages to break out from the confines of this pattern, a potential bullish wave could be in the works. This pattern often heralds a bullish reversal, making it a focal point for traders eyeing profit opportunities.

👉Stay attentive as the price action unfolds, especially around the pattern's breakout point. Remember, trading involves risks, and it's essential to conduct thorough research and consider risk management strategies.

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$BNB $ETH In the weekly timeframe, $ETH has broken out of a bullish flag pattern and is possibly heading for a retest.

A successful retest could signal the commencement of Ethereum's bullish trend. 📈

Anticipating a potential new all-time high at 6180 for Ethereum around mid-2024, observing the #CryptoNews🔒📰🚫 market with a focus on #Ethereum2025 , #ETH , and #BTC .

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$ADA ( update)

📌forming falling wedge pattern in weekly timeframe

📌The price of ADA has been forming a falling wedge pattern in the weekly timeframe. This pattern is considered to be a bullish technical analysis pattern, as it indicates that the downward trend is losing strength

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$THETA (UPDATE)

👉The falling wedge is expected to break out soon. The most likely target for the breakout is the resistance line of the wedge.

👉The RSI indicator is oversold. This means that the price has been declining too much, and it is due for a bounce.

👉The MACD indicator is crossing bullish. This is another bullish signal, and it suggests that the momentum is starting to shift in favor of the bulls.

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$ETH (UPDATE)

The focus in the $ETH market is on two crucial points: the significant trendline and the Daily Simple Moving Average 200 (SMA200) at 1783.

👉 Should #ETH maintain its position above the support of the trendline and SMA200 on the daily chart, the potential exists for a bullish upswing of approximately 15-18% over the upcoming days.

👉Alternatively, if the daily candle concludes beneath the SMA200 level, there's a likelihood that #ETH could undergo testing of the support range around 1630-1640.

This analysis is centered around the #Crypto space, specifically highlighting Ethereum's movement and potential scenarios.

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$BNX (Update)

In the daily timeframe, we've already witnessed an upside breakout from the falling wedge pattern.

As a result, we're now anticipating a bullish wave📈.

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🚀 Exciting news as $RAY finally embarks on a notable upward surge!

📈 Keep your eyes peeled for further developments!

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$APE (UPDATE)

A Falling Wedge pattern is currently taking shape on the daily timeframe for the APEUSDT trading pair. This pattern typically suggests a narrowing range between lower lows and lower highs, indicating a potential reversal in the trend

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$LINK On the Verge of Falling Wedge Breakout

The RSI is currently approaching the 2-year downtrend resistance, which is a bullish sign. The RSI is a momentum indicator that measures the speed and magnitude of price changes. When the RSI is in a downtrend, it indicates that momentum is bearish. However, when the RSI approaches a resistance level, it can be a sign that momentum is starting to turn bullish

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Bitcoin (Update)

👉The cryptocurrency community's attention is firmly fixed on a crucial trendline for Bitcoin ($BTC ). If Bitcoin manages to stay above the Trendline Support, currently at 28.4k, and successfully breaks the Wedge pattern in an upward direction, there is a strong possibility of witnessing an impressive 15-18% bullish rally.

👉However, should the daily candle close below the Major Trendline, it may lead to a potential test of the Crucial Support level at 24.9k. Such a move could signal a shift in market sentiment and may trigger further downward pressure.

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$MAGIC ( UPDATE)

👉The size of the breakout is important. A large breakout is more likely to lead to a sustained price increase.

👉The volume of trading is also important. A high volume of trading during the breakout suggests that there is strong buying interest.

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$AVAX : Poised to Transform Lives in the Upcoming Bull Run!

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$AVAX , the driving force behind Avalanche ecosystem, could potentially yield life-changing returns in the next bull run! ⏳💹 Holding onto your investment with unwavering patience might lead to substantial gains.

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$HOT (UPDATE)

The current outlook remains bullish with the inverse head and shoulders formation, and targets still apply. The formation has successfully retested its resistance, confirming the retest. If Bitcoin allows, the upward trend is likely to continue from where it left off.

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$BTC Bullish Pennant Formation on the Hourly timeframe Chart..!!

Another +10% Bullish Rally incoming.. 🤫

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