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#MTL signal trade and results $MTL
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#BTC DOMINANCE ANALYSIS BTC.D recently broke down from a rising wedge pattern on the weekly timeframe, indicating the potential for further decline. It is currently retesting the wedge's lower boundary. If this retest fails and BTC.D drops below the Ichimoku cloud, a significant decline could ensue, potentially triggering a strong bullish rally in the altcoin market.
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#WIF/USDT ANALYSIS WIF is currently trading above the horizontal demand zone of a descending triangle. This suggests a potential bounce, with a breakout of the pattern confirming a bullish trend. However, the Ichimoku cloud is also acting as resistance. Conversely, a break below the triangle could signal a downward movement.
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#BTC/USDT ANALYSIS Bitcoin is consolidating within a falling wedge chart pattern and has recently been rejected from the resistance trendline of the wedge. Additionally, the Ichimoku cloud is acting as resistance above the pattern. A successful breakout from the wedge would serve as bullish confirmation. Conversely, if Bitcoin breaks down through the support trendline of the wedge, the pattern will be invalidated.
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