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#BTC/USDT ANALYSIS Bitcoin has broken out of its descending triangle pattern with strong volume. The Ichimoku cloud is providing support below the current price action and showing bullish momentum. We should wait for a retest. A successful retest would confirm further bullish momentum for BTC. Conversely, if the retest fails, we may see the price revert to moving within the triangle $BTC
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#FOR/USDT ANALYSIS FOR is currently consolidating within a descending triangle pattern and remains above the horizontal demand zone. We might anticipate a potential bounce off this demand zone. However, the Ichimoku cloud is serving as a significant resistance barrier. We must wait for a decisive breakout above the resistance trendline or a breakdown below the demand zone to confirm the next move.
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#USDT DOMINANCE ANALYSIS USDT.D is currently forming a rising wedge pattern and is approaching the support trendline. The Ichimoku Cloud is showing bullish strength, while the 21 MA is acting as a resistance barrier. A sustained breakdown of the rising wedge and Ichimoku Cloud would confirm a bearish trend. We can also anticipate further consolidation within the triangle. It's important to note that USDT.D tends to move inversely to the broader crypto market.
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Premium signal trade and results #STMX #1000SATS $STMX $1000SATS
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#TRX/USDT ANALYSIS TRX is currently trading within an ascending triangle. The 21MA and the Ichimoku cloud are both indicating bullish strength. A breakout above the triangle would signal a bullish trend, while a breakdown would indicate a bearish trend. $TRX
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