💰 #ETH/USD Update Support Zone perfectly holds👌 Now time | kizoki _Yz on Binance Square

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💰 #ETH/USD Update 
Support Zone perfectly holds👌 
Now time to bounce back up to the Mid-Range✈️
$ETH 
#BTC_Bounce_Back_to_57k #Ton_Coin_Surge #BinanceTurns7 #SOFR_Spike #US_Job_Market_Slowdown 

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Bitcoin Analysis: Bitcoin Prices at a Crossroads ⏳⏳⏳‼️‼️‼️ ◽️ Expected Trend: Based on the daily chart of Bitcoin futures (CME), the technical analysis shows several key indicators: 1. Support and Resistance Zones: • Support: Around the 60,000 USD level, which has formed a strong base in recent months. • Resistance: At the 74,415 USD level, where a strong barrier exists that may require substantial momentum to break through. 2. Price Gap: • Indicates a potential price correction at certain levels. 3. Stochastic RSI Indicator: • Shows an overbought condition, suggesting a possible near-term correction, especially upon reaching resistance areas. 4. MACD Fake Filter: • Shows a continuation of the upward trend with positive signals, supporting further price increases in the near future. ◽️ Expected Trend: • If the bullish momentum continues: The price could break through the resistance area at 74,415 USD, with targets exceeding 80,000 USD in the medium term. • If a price correction occurs: The price may return to the support area at 60,000 USD to fill the price gap before resuming its upward movement. In summary, Bitcoin is expected to face some challenges at the current resistance levels, but the overall momentum remains positive in the medium and long term. $BTC #ETH_ETFs_Trading_Today #Bitcoin_Coneference_2024 #BinanceHODLerBANANA #BinanceTurns7 #SOFR_Spike

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NEW: 🇬🇧 Bitcoin Policy UK has written open letters to Chancellor Rachel Reeves and City Minister Tulip Siddiq for the UK to leverage its Bitcoin hodlings 💪 Remember, only the US and China HODL more Bitcoin than the UK! $BTC #ETH_ETFs_Trading_Today #Bitcoin_Coneference_2024 #BinanceHODLerBANANA #BinanceTurns7 #SOFR_Spike

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analysis and trading strategy for Arkham (ARKM): 👌👈 Current Analysis: 1. Overall Trend: • Short-term Trend: Bearish, with a series of lower highs and lows. • Potential Upside: Possible if market conditions change. 2. Buying Zones: • Buy Zone 1: Between $0.830 and $1.369. 3. Support and Resistance Levels: • Support 1: $0.830. • Resistance 1: $2.072. • Resistance 2: $2.422. • Resistance 3: $2.822. • Resistance 4: $3.993. 4. Technical Indicators: • RSI: Approaching overbought (70) and oversold (30) levels, indicating potential price reversal. • Stochastic: Shows potential for trend reversal. Trading Strategy: 1. Entry Strategy: • First Entry: Buy at the first support level ($0.830), especially if you see signs of a halt in the bearish trend or a potential reversal. • Second Entry: Additional buy at the second buying zone ($1.369), if the first target has not been reached. 2. Risk Management: • Stop Loss: Set a stop loss at $0.780 (5% below the first support) to minimize risk if the bearish trend continues. • Profit Targets: • First Target: $2.072. • Second Target: $2.422. • Third Target: $2.822. 3. Exit Strategy: • Partial Sale: At each key resistance level ($2.072, $2.422, $2.822) to secure profits. • Hold Remaining Position: Until resistance at $3.993 if market signals are positive. 4. Indicator-Based Trading: • RSI: If RSI exceeds 70, it may be time to secure profits or reassess the strategy. • Stochastic: If strong buy signals appear, it may support the continuation of the bullish trend. Additional Notes: • Regular Review: Monitor news and economic data that might impact the cryptocurrency. • Additional Technical Analysis: Use tools like Fibonacci retracements to identify potential support and resistance levels. Always perform additional research before making investment decisions, and avoid making decisions based solely on the analysis provided. #ETH_ETFs_Trading_Today #Bitcoin_Coneference_2024 #BinanceHODLerBANANA #BinanceTurns7 #SOFR_Spike $ARKM

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Ethereum Technical Analysis 🔥👈 Based on the attached chart, here is the analysis for Ethereum: 1. Overall Trend: • There is a clear downward trend as indicated by the descending channel drawn on the chart. • The price has rebounded from the resistance level around $3,341.80-$3,743.41, heading downwards. 2. Support and Resistance Levels: • Key Support Level: The green zone around $2,885-$2,888.98 is considered a strong support area. • Potential Resistance Level: At $3,353.27, this is a major resistance area the price might encounter if it bounces from the support zone. 3. Technical Indicators: • Stochastic RSI: • The Stochastic RSI indicator at the top of the chart shows an “oversold” condition, indicating a potential upward reversal. • The current indicator suggests bearish momentum but is approaching oversold levels which may lead to a price rebound. • Lower Indicator: • The indicator at the bottom also shows an “oversold” condition, further supporting the likelihood of a price bounce soon. 4. Expected Movement: • Based on the descending channel and the green support zone, the price is expected to test the support area around $2,888.98. • If this support holds, the price may rebound towards the next resistance levels around $3,353.27. 5. Entry and Exit Strategy: • Potential Buy Entry: Near the support zone $2,885-$2,888.98. • Profit Targets: The first target at $3,158.24, and the second target at $3,353.27. • Stop Loss: Just below the key support area, around $2,850. It is crucial to monitor the chart and technical indicators closely, as any change in direction might require adjusting the strategy. $ETH #ETH_ETFs_Trading_Today #Bitcoin_Coneference_2024 #BinanceHODLerBANANA #BinanceTurns7 #SOFR_Spike

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⚠️ Market Report: 🟡 Market Now - Weak (going 🔻) ⚡️ Market #RSI - 39.0 📈 1h, 24h, 7d Ch. - 🔻-0.1% 🔻-1.9% 🔻-3.9% $ADA $VET $NOT #ETH_ETFs_Trading_Today #Bitcoin_Coneference_2024 #BinanceHODLerBANANA #BinanceTurns7 #SOFR_Spike 🔥 Crypto RSI Heatmap 👇

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