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Crypto Sat
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$ACA
drops 20% price after the signalšø
Enjoy the Quick profit trade š”
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Crypto Sat
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Bearish
$ACA Start booking profits!
After the signal price went to 1100, the price is now trading at our support line.
If the current support breaks, we may soon see 900 to 813.
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Expecting BIG MOVE in few hours ā ļø $BTC 4HR Time frame Analysis Bitcoin is currently at $90192 , with a slight decrease of 0.67% in the last 24 hours. Moving Averages (MA): - The intersection of the 7-day and 25-day moving averages, which could signal a potential change in trend or consolidation phase. The price is currently just below these short-term MAs, indicating a possible resistance level. Key Levels: -Resistance: The recent high at 93265 and the current price around 90192 could act as resistance levels. -Support: The 25-day MA at 90024 and the 99-day MA at 79395 could serve as support levels if the price drops. Relative Strength Index (RSI): The RSI values suggest that Bitcoin is neither in the overbought nor oversold territory, indicating a neutral momentum. However, the slight decrease in RSI values from 21 to 14 days might suggest weakening buying pressure. Trend Analysis: - A bullish trend with higher highs and higher lows until the recent peak. - The intersection of short-term MAs could either indicate a pause in the uptrend or a potential reversal if the price fails to break above these levels. Summary: - Bullish Scenario: If #BTC breaks above the 7-day and 25-day MAs with increased volume, it could continue its upward trend towards previous highs or even set new records. - Bearish Scenario: If BTC fails to break above these MAs and the RSI continues to decline, it might test the 99-day MA as support, potentially indicating a trend reversal or a deeper correction. Given the current setup, traders might look for a breakout above the short-term MAs for a continuation of the uptrend or a drop towards the 99-day MA for a potential shorting opportunity. However, always consider broader market conditions and news events that could impact Bitcoin's price.
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Expecting BIG MOVE in few hours ā ļø
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$ACA drops 20% price after the signalšø Enjoy the Quick profit trade š”
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