#FLOKI/USDT FLOKI printed the ascending channel is intact | Crypto Eagles on Binance Square

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#FLOKI/USDT  
FLOKI printed the ascending channel is intact on daily timeframe💡
Bullish priority🐃
$FLOKI 

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Important Notice Regarding Bitcoin Investment Strategy Dear Team Members, I bring to your attention a critical update on Bitcoin's current market status. Recently, Bitcoin has fallen below the midpoint of the weekly Bollinger Band, signaling the conclusion of its bullish trend. This change indicates that the favorable conditions for holding long positions in Bitcoin have diminished. Consequently, our strategy will pivot towards closing out our existing long positions gradually over the next six months, capitalizing on market rebounds, and initiating substantial short positions in preparation for a potential bear market. Our initial profit-taking target for these short positions is set at $25,000, a level we anticipate due to a notable gap in the market structure. In the event of losses, it's essential to remain resilient. We have the opportunity to recover through a strategic shift to short-selling. Successful trading requires adaptability to market conditions, regardless of their direction. Bitcoin has currently experienced a 10% decline, with potential for further downturn exceeding 70%. By seizing this pivotal moment, substantial returns are still within reach. Let us move forward with confidence and determination, navigating these market dynamics with a proactive approach. #Write2Earn! #IntroToCopytrading #BinanceTournament #Megadrop #altcoins

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