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Al-Jameel Trader
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#BTC
bitcoin Above $30,000, as ETF Hopes Intensify.
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🚨🚨 Important Message 🚨🚨 ‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️ ⚠️ Beware of Bull Traps: A Trader's Cautionary Tale ⚠️ A bull trap is a deceptive market signal that lures traders into believing a declining asset is reversing into an upward trend. This illusion tempts bullish investors to buy in, only to experience subsequent price declines, potentially leading to losses. Here's how it typically unfolds: 1. Downtrend: Initially, the asset or market shows a consistent decline in prices. 2. Rebound: Suddenly, prices begin to rise, suggesting the end of the downtrend and the start of an upward movement. 3. Breakout: The price surpasses a critical resistance level or technical indicator, convincing more traders that an upward trend is confirmed. 4. Reversal: Shortly after the breakout, prices reverse course and continue the original downtrend. This traps bullish traders who entered positions during the false breakout. Bull traps exploit traders' optimism, especially during bearish market conditions. To avoid falling into these traps, traders should use additional technical analysis tools, such as volume indicators, to validate the strength of a breakout before making trading decisions. Stay cautious and informed in your trading strategies! #TradingStrategy #BullTrap #MarketAnalysis #RiskManagement
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🚨 EMERGENCY ALERT 🚨: Bitcoin Crash Incoming! (PART II) 📉 💎 $BTC Analysis: Bitcoin hit $63,700, nearing the predicted $64,800. Market's bullish, but a whale-driven crash is expected. Anticipate a drop to $59,500 - $61,700 range and possibly below $54,500 within 6 days. 📉 💥 Why Care? 💥 ⚠️ Protect Investments: Avoid whale traps. 🐋 Stay Ahead: Follow my analysis for wealth preservation. ✅️ Exclusive Insights: Get real-time updates and navigate the market. 👉 Follow Me ❤️ for critical updates. Don't miss out! 🚀 #CPI_BTC_Watch #BTC☀ #BitcoinNews #BinanceTurns7 #Write2Earn!
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It is verified and certified trader.
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Nice consolidation on #PEIPEI here. If it holds, this grey box is probably getting ready for the next leg up!
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Hey All! Been a while since a $ETHFI Post!💥 This is the Daily Chart! currently we're at the daily resistance line, we'll have to see if we can break this on the daily, if not we might get a move down again. Optimally, I would like to see us breaking the trendline, retesting back and continue the move up! Comment down below what other cryptocurrencies you want me to cover! Have A Stunning Day Everyone! 😁 #CPI_BTC_Watch #BinanceTournament #ETH_ETFs_Approval_Predictions
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