Hello everyone, Next few days are risky for both long and s | FastGuru on Binance Square

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Hello everyone,Next few days are risky for both long and short trades. a dump is expected due to the Christmas as usually happens every year.

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BTCUSDT 4-Hour Chart Analysis: Support Zone Examination The provided analysis of the BTCUSDT trading pair on the 4-hour chart highlights critical support regions, indicating a significant moment for potential trading strategies. The Bitcoin (BTC) value has recently descended below the Ichimoku Cloud and the 200-day Exponential Moving Average (EMA), signaling a bearish sentiment. Currently, the asset is encountering resistance at a key horizontal support zone, suggesting a pivotal juncture in its price trajectory. Should BTC breach this initial support zone, which appears imminent within the next day or two, attention will shift towards the secondary support range between $56,500 and $57,500. A failure to hold this level could precipitate a further decline towards the delineated third and fourth support zones, underscoring a progressive bearish outlook. In anticipation of these potential movements, a strategic approach has been devised, involving the division of the total Dollar Cost Averaging (DCA) investment into four segments. This strategy aims to capitalize on the downturn by allocating investments in alternative coins (altcoins) that demonstrate bullish tendencies, timed with Bitcoin's interaction with the identified support levels. This approach seeks to optimize entry points, leveraging the market's volatility to enhance overall investment efficacy. This methodical investment strategy, guided by key technical indicators and support zones, offers a disciplined approach to navigating the complexities of the cryptocurrency market, particularly amidst heightened volatility and uncertain market dynamics. It embodies a prudent mix of technical analysis and strategic asset allocation, aiming to mitigate risks while seeking potential opportunities for capital appreciation.

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Don’t worry guys it’s an error in binance application 😂

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We already told you 😀

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$BTC expected to go further down to touch the level of 41600 - 41900 before moving upwards. Note: there is no enough volume. So, it’s a trap 😃 Current BTC price is: 42700 Short-term: Bearish Long term: Bullish Advice for the investors: you can start buying the strong alt coins in chunks (not in one go) to get the quick profit in short term. #Dyor

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$LTC 1D TF Analysis: The price touched the upper limit of the Bollinger Bands, signaling a potential downtrend. Chaikin Money Flow (CMF) showed a downtick, increasing the likelihood of price decline. Despite a downtick, the Relative Strength Index (RSI) remains above 50, suggesting potential for the coin to maintain a bull rally and meet investor expectations. After the long position liquidations a few days ago, the chart moves sideways.

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