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The Blonde Trader
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"Most likely, it seems that all markets are currently rising."
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The Blonde Trader
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Right now, Beginner: Market touched the bottom and we are going to 100k with altseason. Intermediate: Longs to different TPs. Advance: Short scalps the resistances and waits patiently. #BTCMarketPanic #RecessionOrDip? #MarketDownturn #BinanceTurns7 #BTC☀ $BTC
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Bitcoin price struggled below the $68,500 resistance zone. BTC is correcting gains and might decline further below the $65,500 support zone. Bitcoin started a correction wave from the $68,500 resistance zone. The price is trading below $66,500 and the 100 hourly Simple moving average. There was a break below a key bullish trend line with support at $67,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses and trade below the $65,500 support zone. Bitcoin Price Holds Gains Above $67K Bitcoin price failed to stay above the $66,500 and $67,000 resistance levels. BTC extended its decline and traded below the $66,000 support level to move into a short-term bearish zone. There was a break below a key bullish trend line with support at $67,200 on the hourly chart of the BTC/USD pair. The pair even spiked below the $65,500 level. A low is formed at $65,458 and the price is now consolidating losses. It is trading below the 23.6% Fib retracement level of the recent decline from the $68,240 swing high to the $65,458 low. Bitcoin price is now trading below $66,500 and the 100 hourly Simple moving average. If there is a fresh increase, the price could face resistance near the $66,150 level. The first key resistance is near the $66,800 level and the 50% Fib retracement level of the recent decline from the $68,240 swing high to the $65,458 low. A clear move above the $66,800 resistance might spark another increase in the coming sessions Major Support Levels – $65,500, followed by $65,000. Major Resistance Levels – $67,200, and $68,000. $BTC #Bitcoin_Coneference_2024 #ETH_ETFs_Trading_Today #BTC☀ #BTC500K #btc70
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Based on technical analysis, Bitcoin against USDT currently shows bullish signals with support at lower levels and potential for resistance breakouts. Market sentiment remains positive with institutional adoption and investor confidence driving demand. However, caution is advised due to Bitcoin's volatility and external factors influencing price movements. Traders and investors should monitor key technical levels and market developments closely for informed decision-making. BREAKING NEW: TRADERS, who's ready for the second move? It's been confirmed with price action BITCOIN will continue as I've searched for trend continuation. Smart money contraction with value line: this means the trend gets pushed down by smart money then the trend must rise. I've laid a Bear Trap in case there's one. The red Smart Money trendline is a smart money plot that I've retraced. It's used for guidance which shows more or less the direction of the WHALES Used Money Flow Index for guidance Here are the next-level prices. I've considered all candlesticks that show the facts and wicks that explain the story of Bitcoin's next movements. I've looked up plenty of price action and candlestick patterns EXPECTED ATH TARGET $85k, I've said this in the past for many weeks. #BTC☀ #btc73k #btcpizza #Btctopcrypto #BTCUSDT. $BTC
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Solana stays composed Solana (Solana) is a digital currency based on blockchain technology, aiming to enhance the performance of smart contracts and decentralized applications. Solana has witnessed significant growth recently and possesses technological capabilities that allow for faster transaction processing at lower costs compared to many other platforms. Technical analysis of Solana involves studying price patterns and market indicators to forecast future price directions. For accurate and reliable analysis, consulting financial experts or using advanced technical analysis tools is recommended. Solana has successfully secured its placement at around $170, following an explosive breakthrough of the 50 EMA resistance level, and the inverted double top pattern could be a sign of a rally continuation here. Indicating a possible upward price movement, an inverted double top pattern is typically regarded as a bullish signal. According to Solana, this pattern indicates that the recent gains may be a component of a longer-term bullish trend rather than a transient spike. The 50 EMA has been broken by the price, which supports the optimistic forecast The recent breakthrough above the 50 EMA points to strong momentum and strengthened buying interest. This movement is consistent with an inverted double top pattern, which frequently signals the start of a sizable upward trend. The price action of Solana has been encouraging as the cryptocurrency has been rising steadily and holding its position above significant support levels. However, with the descending volume, it could be wiser to stay cautious and avoid plays that might be considered too risky. #MtGoxJulyRepayments #Solana_Blockchain #SolanaUSTD #SolanaAI #solanAnalysis
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TWT The bullish trend is currently very strong on TRUST WALLET TOKEN - TWT/USDT. As long as the price remains above the support at 1.08 USDT, you could try to benefit from the boom. The first bullish objective is located at 1.10 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.19 USDT as an objective. Crossing it would then enable buyers to target 1.36 USDT. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend. Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction. The current price of TWT (TWT) is 1.07387201 USD — it has risen 1.42% in the past 24 hours TWT (TWT) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, TWT is estimated as 2.75% volatile. The only thing it means is that you must prepare and examine all available information before making a decision#TWT #TWTUSDT.P #TWTUSDT #BinanceTurns7 #TWT.
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