#BTC☀ $BTC Might be possible that BTC is forming a massive | CRYPTO_EYE on Binance Square

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#BTC☀ 
$BTC Might be possible that BTC is forming a massive bullish pennant on the daily, and maybe that's why it's respected the 60-70k range so well. A breakout from a pennant of that size would send us well over 100k

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#XRPVictory #XRPGoal #MarketDownturn No way we waited 4 years for 15% gains lol $XRP This was the initial pump usually pumps like this tend to correct up to the 61 percent fib retracement. Remember ripple is preparing to launch their usd stable coin called Rusd. They also expect an xrp etf and also expect to go public sometime soon. The court ruled that they can still sell xrp to ODL but have to meet the injunction specifics. Xrp is not a security and ripple was not prevented from selling to ODL partner.So overall big win for ripple. Those scam bugs from the sec has not yet given a public statement hopefully they do soon or otherwise people will start to speculate about a possible appeal they have 60 days to appeal. Ripple now can continue to growth the business and xrp is the heart of the business so it's on their interest to keep or make xrp price go up. I would suggest a stop loss in case the SEC appeals I don't know how the market would react to such appeal. It would mean another 2 years... let's hope those scam bugs don't appeal. This is not a trading advise$BTC #TONonBinance $ETH

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#MarketDownturn #BTC #EtheruemETF $BTC #TONonBinance #XRPVictory The downward movement in the crypto market can be attributed to several factors: 1. Market Sentiment: Negative news or sentiment can lead to panic selling. If traders perceive bearish trends or hear negative forecasts, they may rush to sell, driving prices down. 2. Regulatory Concerns: Any announcements regarding stricter regulations or crackdowns on cryptocurrencies can create fear among investors, leading to sell-offs. 3. Economic Factors: Broader economic issues, such as rising interest rates, inflation concerns, or geopolitical tensions, can affect investor confidence and lead to reduced risk appetite for assets like cryptocurrencies. 4. Profit-Taking: After a period of price increases, many investors may decide to take profits, leading to increased selling pressure that can drive prices down. 5. Market Corrections: Cryptocurrencies often experience corrections after significant price increases. A natural pullback can occur as the market adjusts to previous highs. 6. Liquidations: In leveraged trading, if prices fall below certain levels, it can trigger liquidations of long positions, further exacerbating the downward trend. 7. Technical Analysis: Traders often rely on technical indicators. If key support levels are broken, it can lead to further selling as traders react to these signals. 8. Negative News Events: Specific events, such as hacks, scams, or issues with major exchanges, can create immediate negative sentiment and cause a decline in prices. These factors can interact in complex ways, leading to volatility and price movements in the crypto market. It's essential for investors to stay informed and exercise caution during such fluctuations.

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#BTCUSDT #BTC☀ #btc73k #bitcoin☀️ Support Levels:- Immediate Support $56,000, which aligns with recent lows and a critical support trendline.Resistance Levels:Primary Resistance: $65,000, near recent highs and an upper boundary of the descending channel.Moving Averages:- 200EMA: The 200-day EMA is acting asa crucial support level. Holding above this level is essential for maintaining a bullish outlook.Volume Analysis: - Decreasing Volume: Indicates a potential breakout or breakdown is imminent. Watch for a surge in volume to confirm the direction. Outlook: - Bullish Scenario: A breakout above the descending channel near $65,000 could lead to a significant rally, potentially targeting $75,000 and beyond. Bearish Scenario: A breakdown below the 200EMA could see BTC retesting lower support levels around $52,000, $40,000, and $30,000. Conclusion: BTC is currently in a consolidation phase within a descending channel. The 200EMA is a critical support level to watch. A breakout above the channel could signal a continuation of the uptrend, while a breakdown could lead to a further decline. Traders should monitor price action and volume closely for the next significant move. I am in the camp of being a bit more bearish at this stage for $BTC #BTCUSDT.

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$NOT #NOTUSDT🚨 NOTCOIN is consistently making lower H's and L's. The internal structure is NOT bearish. We can consider this recent bullish wave as a pullback for the substructure. By maintaining the supply range, it can move towards the specified targets. Closing a daily candle above the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry

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