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Malik Israr Ahmad
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Negative Funding rates across the board.
#BTC
is in Accumulation zone.
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🔥🔥🔥Dogecoin (DOGE) Team Reveals Major Adoption Milestone🎈🎈🎈:: The Dogecoin (DOGE) team has revealed a huge adoption milestone for the meme coin. Using its official X account, it highlighted the rising utility of DOGE in recent times. This latest milestone shows that Dogecoin has a real purpose. The team tweeted that most of the crypto projects are chasing gains, but Dogecoin is different. The meme coin’s real goal is to be a simple means of exchange for people in their day-to-day lives. The team mentioned that DOGE lovers have been putting the coin to real use. Notably, Dogecoin is one of the most used currencies by these migrants. Bloomberg shared an example of a migrant who uses the meme coin to send money back home. It was revealed that the migrant prefers using DOGE owing to its low transfer fee compared to other options available on the crypto market.
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A rejection is Probable for #BTC around $60K. NFA
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#BTC is trying again and again to Break $60K. Volatility is increasing!
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#DOGEUSDT NFA
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✍️ WHAT IS SHOOTING STAR CANDLESTICK??? A Shooting Star is a candlestick pattern in technical analysis. It forms when a stock's price jumps up, creating a long upper shadow or wick, and then falls back down, closing at or near the same price as the previous day. This pattern is considered a bearish reversal indicator, suggesting a potential downturn in the stock's price. Here's a breakdown of the Shooting Star candlestick pattern: - The stock's price opens and closes at roughly the same level. - The price jumps up significantly during the day, creating a long upper shadow or wick. - The price then falls back down, erasing most of the gains from the upward move. The Shooting Star pattern is considered a bearish signal because it indicates that the stock's price is experiencing strong selling pressure, which could lead to a continued downturn. Keep in mind that candlestick patterns should be used in conjunction with other technical and fundamental analysis tools to confirm trading decisions. Note : Malik Israr Ahmad
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