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VincentKyaw
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hi crypto friend please tell me close or hold
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VincentKyaw
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#MarketRebound $BNB Here's a Technical Analysis (TA) for BNB as of today: Current Market Overview: Price: $696.21 24H Change: +0.98% 24H High/Low: $699.7 / $681.84 Volume: Moderately increasing, indicating renewed interest. -------------> Key Technical Indicators: 1. Moving Averages (MA): Short-Term (EMA 20): $690 (Price is above this, indicating bullish momentum). Medium-Term (EMA 50): $675 (Supports bullish bias). Long-Term (200-Day MA): $650 (Strong support zone). 2. Relative Strength Index (RSI): Current Level: 64 (Approaching overbought territory but still showing strength). 3. MACD: Signal Line: Above 0, confirming a bullish crossover. Histogram: Positive, suggesting bullish momentum is intact. 4. Fibonacci Retracement (from recent high to low): Key Levels: 61.8% (Critical Resistance): $705 50% (Support): $685 38.2% (Key Support): $670 5. Support and Resistance Levels: Immediate Support: $685 Key Resistance: $705 Major Support: $640 Major Resistance: $750 ----------------> Chart Patterns: Breakout: Recent price action suggests a breakout from a descending wedge, a bullish reversal pattern. Volume Confirmation: Increasing volumes during the breakout validate the move. ------------++> Outlook and Strategy: Bullish Scenario: If BNB breaks above $705 with volume, the next target is $750. Bearish Scenario: A fall below $685 may retest $670, with $640 as critical support. Trading Tip: Use trailing stop-losses to secure profits while letting the trade ride the uptrend. $BNB #Write2Earn!
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#ChristmasMarketAnalysis $ADA To analyze the support and resistance levels for Cardano (ADA) on December 24, 2024. Here is the analysis for today's $ADA . Current Support and Resistance (approx.) 1. Key Support Levels: $0.90: A psychological level that has acted as a cushion in recent trading sessions. $0.85: Historically significant as a stronger support zone. $0.78-$0.80: Deep support in case of significant bearish momentum. 2. Key Resistance Levels: $0.95: Immediate resistance as ADA attempts to break out. $1.00-$1.05: Strong psychological and technical resistance. $1.20: A breakout level from previous consolidations. Technical Indicators If the price stays above $0.90, the trend remains stable. Breaking above $1.00 may signal bullish momentum. Falling below $0.85 could open the door to further downside. Note that the Christmas and Newyear Holidays begins and some won't interested in crypto trading this time. Investment in crypto will likely to fall. DYOR before you trade and maintain the portfolio .Merry Xmas 🎄 . #ChristmasMarketAnalysis #Write2Earn!
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#BTCOutlook As of December 22, 2024, Bitcoin (BTC) is trading at approximately $96,893, reflecting a slight decline over the past 24 hours Recently, Bitcoin reached a new all-time high of $106,500, indicating strong bullish momentum. However, technical analysis suggests the formation of a rising wedge pattern since late November, which could indicate a potential downturn. Analysts are closely monitoring key support and resistance levels. A decisive move above $99,500 could pave the way for a rise toward $105,000, while a drop below $94,000 might confirm a bearish trend. In summary, while Bitcoin has recently exhibited bullish behavior, current technical indicators suggest a cautious approach, as the market could experience either an uptrend continuation or a potential downtrend in the near term. $BTC #BTCNextMove
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pls clarify me that how you dont invest on trading and got rewards?
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what's yr next move? see no words
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