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#REEF/USDT
take a short entry
quick scalp
entry 1 0.005838
entry 2 0.0066
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#REEF/USDT congratulations đđđ TP 1 and 2 đâ put your stop loss at entry . .book your profits accordingly and keep your trade running aside $SHIB $TWT $AXL #BinanceLaunchpoolHMSTR #SpotGoldATH #SpotGoldATH
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How can we avoid liquidation and learn to always exit your trades in profit .
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đ„ Bitcoin to $100k before US elections ? $100k is our Q4 target, but it could be reached before the elections. The U.S. đșđž elections are just 40 days away (appx 6 weeks). Reaching $100k from here requires only a 54% increase, which translates to 1.35% daily for 40 days or 9% weekly gains. (Trump BTC Reserve Asset Narrative) There is a "Strong Possibility" of this happening, as we saw a 64% gain in early 2024 in just 40 days. (ETF Inflow Narrative) All we need successful bull flag breakout, Be Ready For $100k đ$BTC $ETH $HMSTR #HMSTRonBinance #BinanceLaunchpoolHMSTR #SpotGoldATH #CATIonBinance
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$SHIB The RSI (Relative Strength Index) values for 1000SHIB are showing overbought conditions Here's a breakdown of the RSI readings: RSI (15 min): 65.35 RSI (1 hour): 78.8 (overbought) RSI (4 hour): 87.64 (overbought) RSI (12 hour): 86.51 (overbought) RSI (24 hour): 78.89 (overbought) RSI (1 week): 54.11 (neutral) RSI values above 70 typically suggest that an asset is overbought, while values below 30 indicate itâs oversold. Interpretation: The shorter-term RSIs (15 min to 24 hours) show strong overbought conditions, suggesting that the price may be at risk of a pullback soon. The weekly RSI is neutral, indicating that on a broader scale, the trend could still continue, but in the shorter term, it may correct. What you could consider: If you already hold the asset: You might consider taking profits or holding off on adding more, as a pullback could be imminent. If you are looking to buy: You might want to wait for a correction or more neutral RSI values, especially on shorter timeframes. However, it's essential to use RSI in conjunction with other indicators or analysis methods before making any decisions.$W $HMSTR #HMSTRonBinance #BinanceLaunchpoolHMSTR #SpotGoldATH #BinanceLaunchpoolHMSTR
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$TWT should we take a short entry here ? đ€ From the chart, here are some key indicators and observations to consider before deciding on a short entry: RSI (Relative Strength Index): The RSI is currently at 77.97, indicating overbought conditions. Typically, an RSI above 70 suggests the asset is overbought, which could lead to a potential price pullback. MACD: The MACD line is above the signal line, showing bullish momentum. However, this indicator could soon show signs of weakening if the price starts to turn. EMA (Exponential Moving Averages): The shorter-term EMAs (9 and 25) are both trending above the 200 EMA, which indicates an uptrend. Entering a short position during an uptrend can be risky unless there's strong evidence of a reversal. Support and Resistance Levels: The price appears to be approaching resistance around 1.0587, which might act as a potential reversal point. Volume: There's a surge in trading volume, suggesting strong market participation, often seen during key breakout or reversal moments. Short Entry Consideration Overbought RSI suggests a possible pullback. EMA trend and MACD indicate ongoing bullish momentum, so shorting may be risky unless you see a clear reversal. To summarize, while the overbought RSI hints at a possible short opportunity, other indicators (EMA and MACD) suggest the trend is still bullish. It might be safer to wait for a clearer sign of reversal, like the RSI coming down or bearish divergence on the MACD, before taking a short position.$HMSTR $SHIB #HMSTRonBinance #BinanceLaunchpoolHMSTR #SpotGoldATH
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