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#PIXEL Analysis: Is the Bottom In?😱 PIXEL has been on a downward trend lately, printing lower lows and lacking clear support zones since its recent listing. However, a potentially #Bullish sign emerges: a falling wedge pattern is taking shape. Falling Wedge Explained: This pattern often precedes a trend reversal, with price action getting squeezed between converging trendlines. If a breakout occurs above the resistance zone between $0.32 and $0.35, accompanied by significant trading volume, it could signal a potential price increase. Important Caveats: • It's still early to definitively call a bottom. • A break below the falling wedge could indicate further downside. What to Do? For now, a wait-and-see approach might be prudent. If you're interested in $PIXEL , monitor price action around the resistance zone and watch for increased trading volume on a potential breakout. Are You Holding PIXEL ???
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Top 3 Altcoins that may explode in July 2024 💥 As we gaze into the crystal ball of the crypto market, three altcoins stand out as potential stars in the July 2024 sky: WienerAI (WAI): This dog-themed altcoin combines AI, trading bots, and sausage themes (yes, you read that right!). With a whopping $5.3 million raised in its presale, #WAI is barking up the right tree. 🐶💰 BlockDAG: The standout player in the altcoin market, BlockDAG offers innovative technology and significant growth potential. Its unique #BlockDAG architecture and compatibility with Ethereum make it a top contender for July 2024. 🏗️🔗 Internet Computer (ICP): This ambitious project seeks to transform the way applications and services are built and hosted, aiming to run smart contracts at web speed and scale. With its longevity and robust infrastructure, $ICP is poised for a stellar July. 🌐🚀 Remember, the #crypto market is as unpredictable as a cat on a hot tin roof. These altcoins are not financial advice, and investing in them carries the risk of losing your hard-earned digital dough. Always do your own research.
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U.S. Government's Crypto Moves: Testing the Waters or Prepping for a Whale Sale? 🚀💰 The U.S. government recently made waves in the crypto world with a significant #Bitcoin transfer to Coinbase. Now, they've sent another 11.8 BTC to an unknown address. Could this be a trial run before a massive Bitcoin dump hits the market? 🤔 While the #crypto community speculates on the government's next move, one thing's for sure: the Feds are no strangers to shaking up the crypto scene. 😅 $BTC #usdt
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I’m curious: which trading pattern is more reliable after breaking a resistance: Head & Shoulders or Cup & Handle? I love both! Let me know in the comments which one you prefer.
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Will we reach $65K for #Bitcoin next week❓
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