Coin Name: Pepe
Signal Type: Long
As you can see, the Pepe coin has just broken the resistance line after retesting. Currently, Pepe coin shows strong signs of increase. I am optimistic not only because of this breakout but also based on other factors for more certain confirmation.
The total market capitalization of altcoins (Total3) has just broken the resistance line with sufficient trading volume, indicating an upward trend for altcoins. In the near future, we can expect a strong growth wave for altcoins.
If USDT Dominance breaks the current support line, it is highly likely to reach the next support area, at which point both BTC and altcoins will rise sharply. Currently, USDT Dominance is holding at the support line, indicating a slight decrease in the short term. If you want to be safer, wait for a breakout signal to open a long-term buy position. However, in the long term, USDT Dominance is still on a downward trend.
The BTC Dominance chart has been rejected at the upper resistance line, I hope you can recognize this. It is predicted that BTC Dominance will retest the lower support line, which will support the growth of altcoins in the medium term, as the BTC Dominance trend is decreasing. Therefore, I believe this is a reasonable time to open a buy position.
Entry Price: 0.0000106
First Take Profit Target: 0.0000113
Second Take Profit Target: 0.0000119
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