Bitcoin Dominance Chart on daily is giving some clear clues | Malik Israr Ahmad on Binance Square

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Malik Israr Ahmad

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Bitcoin Dominance Chart on daily is giving some clear clues for #Alts .
Expecting something huge for BTC.D Index.
Chart analysis will posted today.

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Malik Israr Ahmad

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🔥 WHAT IS HAMMER 🔨 CANDLESTICK ? A Hammer candle is a bullish reversal candlestick pattern that forms at the bottom of a downtrend or in a bearish market. It's a single candle that signals a potential reversal to the upside. Here are the key characteristics of a Hammer candle: 1. Forms at the bottom of a downtrend or in a bearish market. 2. Has a small real body (the area between the open and close prices). 3. Has a long lower shadow (the area between the low price and the real body). 4. The lower shadow is at least twice the length of the real body. 5. The color of the Hammer can be either green or red, but the bullish reversal implications are the same. The Hammer candle indicates that: 1. Sellers pushed prices lower, but buyers took control and pushed prices back up. 2. There's a strong demand for the asset at the current price level. 3. A potential reversal to the upside is likely. Traders often use the Hammer candle as a buy signal, especially when combined with other technical indicators or chart patterns.

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I m back after Summer vacations ! Let's explore #BTC market. #BTC has made bottom around $68.5K two weeks ago. Not expecting to break Established bottom (Probably). Keep Accumulating following Alts. 1) #DOGE 2) #XRP 3) #LINK 4) DOT 5) FTM 6) TFUEL 7) THETA 8) IOTA 9) INJ 10) ENS 👉Don't invest all in one. 👉Diversify. 👉DCA NFA DYOR

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#BTC Is trading above main Spunch line. Volume will come soon! Whales have filled their spooks. NFA

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The Journey to $100K for #BITCOIN has been initiated. The Train has left the station. MT GOX is just a noise. #BTC Bull Run 🔥. NFA

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Welcome back to Bull Market. #BTC has established bottom around $58.6K. $100K is on the way. Fasten Your seat belts. NFA

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