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Ben Walther
Bearish
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$BTC are we ready for 56k? Let me know in the comments 👇
$BTC
are we ready for 56k?
Let me know in the comments 👇
Disclaimer: Includes third-party opinions. No financial advice.
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Ben Walther
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$DOT — 93% Win Rate Signal on the 1H Chart 🚀🚀 #Polkadot just flashed a super interesting signal on the hourly chart. Based on backtests, the signal has a win rate of almost 93% and is based on 14 historical appearances. Although the automatically calculated profit potential is "only" 1.5%, I would go for a much higher approach 👇 When looking at the chart, I assume a profit potential of 10%. However, due to current market a first TP slightly below $7.1 seems reasonable. Although there's a stronger support line around $6.5, I would go for a tighter stop loss of 2%. Overall, the R/R ratio is almost 5.
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That was too quick 😂 Hit my target perfectly. However, I wasn’t in because i was waiting for a confirmation first. Didn’t expect that rapid move. Hope you guys made some money.
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$UMA — Ready to break $4 resistance and surge 10% 🚀 ➡️ UMA is about to break its major resistance at $4. During the last day the coin made several attempts but couldn’t stay above the resistance sustainably. 🚨 The majority of technical indicators second a price increase. However, the coin already trades at the upper Bollinger Bands. 🚪How to enter: Wait for a break of the resistance + confirmation on a higher timeframe (4h or 1d). Place a stop loss slightly below $4. 🎯 Target: mid-term, the next resistance sits at 4.45-4.5, indicating a 10% profit potential.
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I am getting close to 100 posts that covered $BTC , chart analyses, trade signals, and much more. So, it’s time for your valuable feedback 👇 I am curious which content should I post more often?
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Crypto Market Status: Indecisive 🤷♂️ Based on the 1D trade signals, the crypto market paints an indecisive picture today. Out of 200 monitored coins, we have 5 with a bullish signal and 4 which flashed a bearish signal. Moreover, most of the signals do not show a high backtest reliability. Most of the results range between 60% - 70% - which isn't convincing on the daily chart. $BLZ is an exception. It demonstrates a 100% backtest win rate based on 5 historical signals. However, the overall picture mirrors the chart status of many coins: many approach a pivotal point. Therefore, I am sure, we will see a major move in one direction soon. Until we reach that point, I would be hesitant with entering new trades. #ANALYSIS
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