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Ben Walther
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Market Update 🚨 In this video, I provide a detailed market overview focusing on essential data and discuss why I think it is time for a reversal.
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Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content.
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FLOKI — Double Top & Bearish Signal On The Weekly Chart — Back To 0.0004? $FLOKI is facing a difficult chart setup and technical indicators. As a result, the token might plummet 80% towards 0.0004. It is worth noting that this is the worst-case scenario. Here's why 👇 → FLOKI has formed a double top on the weekly chart and has already started to dip from the recent highs. → Additionally, the MACD flashed a #bearish crossover on the weekly chart. Chart patterns and signals on the weekly chart are usually highly reliable, although they might not have a short-term impact. The additional problem with FLOKI is the lack of proper support lines. Besides one support at the level of 0.00014, FLOKI might find itself free falling down to the major support at 0.00004. Be careful and make the most out of it! -- For more trade strategies and information, you can visit Crypto OS. Check my bio for more details. #TradeSignal
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In case you missed the Live Feed, here's a summary of the market updates and trade strategies I discussed. Enjoy, and let me know your thoughts.
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Hope you enjoyed the session. Will do another one tomorrow morning. Let me know your feedback and what you would like to see more/less. Happy trading!
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ADA — EMA Bearish Crossover on the WEEKLY chart 🚨 Trade signals on the weekly chart usually have a strong impact and reliability. In terms of $ADA this could lead to even more downward momentum. Based on the latest weekly close, Cardano has flashed a #bearish EMA crossover. That means a short moving average has fallen below a longer moving average. Typically, this bearish cross indicates a longer downward trend. Although the signal doesn't have the best probability based on the backtest, it's probably still worth considering for some long-term trades. The profit potential has been calculated at 30%. This would send ADA back to its major support at 0.25 - 0.24. -- For more free trade signals, you can visit Crypto OS. Details in my X bio. #CardanoPredictions #TradeSignal
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EMA Crossover — Simple Yet Effective Signal! The EMA Crossover is one of the most straightforward signals. Despite its simplistic approach, it delivers strong results—especially on the 1D chart. Here's a perfect example 👇 $ALICE flashed a #bearish EMA crossover just 22 hours ago. The profit potential of the signal was calculated at 23%. → Since the signal has flashed, ALICE has already dropped by 16%. Certainly, the entire market is bleeding today. Nevertheless, even in such an environment, it is essential to simultaneously pick the trades with the highest potential and highest signal reliability. #TradeSignal
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