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Saleem Anjum
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#btc #bitcoin #bitcoinhalving next Predictions 56k or 80k Need serious suggestion
#btc
#bitcoin
#bitcoinhalving
next Predictions
56k or 80k
Need serious suggestion
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btc next move 56k or 70k? give your valuable suggestions #btc #bitcoin
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The Marubozu bullish candle pattern is a Japanese candlestick pattern that signals a strong upward trend in a financial market. It is characterized by: #btc #bitcoin #btchalvingcarnival #marubozu 1. A green or white candle (indicating a bullish trend) 2. No upper shadow (wick) or a very small upper shadow 3. No lower shadow (wick) or a very small lower shadow 4. The opening price is equal to the lowest price of the period 5. The closing price is equal to the highest price of the period This pattern indicates a strong buying pressure, as the price opens at its lowest point and closes at its highest point, with no significant selling pressure (reflected by the absence of shadows). The Marubozu bullish candle pattern is considered a reversal pattern, indicating a potential change in trend from bearish to bullish.
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#bitcoin may goes up to 81k soon... #DYOR
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What is Piercing line in cryptocurrency? and its impact on market #piercingline #btc #bitcoinhalving The piercing line is a bullish candlestick reversal pattern in technical analysis. It consists of two candles: The first candle is a long bearish candlestick, indicating a strong downward movement in the price. The second candle opens lower than the previous day's close but then rallies to close above the midpoint of the previous day's candle. In the context of cryptocurrency trading, when a piercing line pattern forms after a downtrend, it suggests a potential reversal of the downward movement. The bullish sentiment indicated by the second candle, which pierces through the previous day's bearish candle, signifies a shift in momentum from bearish to bullish. Traders often interpret the piercing line pattern as a signal to consider entering long positions or closing out short positions. However, as with any technical analysis tool, it's important to consider other factors such as volume, market sentiment, and overall trend direction for confirmation before making trading decisions solely based on this pattern.
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#Rune may goes up to 14$ and maximum at 22$. buy and hold for month #bitcoinhalving #thorchain #crypto
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