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$SCR /USDT Technical Analysis Summary🔥 1.Current Price: 0.721 USDT, showing an increase of 11.08%. 2.Key Resistance: The main resistance level is at 0.800, which is expected to act as a strong barrier. A confirmed break above this level could push the price towards higher targets (e.g., 1.000). 3.Key Support: The main support level is at 0.600, acting as a strong base where buyers may step in. A break below this level could drive the price down to lower levels, possibly around 0.500 or lower. 4.Break of Structure (BOS): Multiple BOS levels during the downtrend indicate attempts by the price to transition to an uptrend. The latest BOS was broken near 0.650, giving a bullish signal for continued momentum as long as the price stays above this level. 5.Relative Strength Index (RSI): Currently at 64.513, indicating a near overbought condition. RSI should be closely monitored; if it goes above 70, a pullback might be expected. 6.MACD: The MACD line is at 0.023, with the signal at 0.022 and a positive histogram at 0.001. This alignment suggests a bullish trend, but caution is advised in case of any sudden reversal. 7.Divergences: •Hidden Bearish Divergence at RSI level 50.823 indicates potential short-term weakness in the upward move. •Hidden Bullish Divergence at RSI level 17.263 could support the continuation of the uptrend, especially if there’s a bounce from support. ▫️Conclusion •Bullish Scenario: If the price manages to break above the 0.800 resistance level, it may target 1.000. Monitoring RSI is essential to avoid extreme overbought conditions. •Bearish Scenario: A break below the 0.600 support level could lead to testing lower levels, around 0.500, which might be a potential entry point for short-term buyers. ▫️Recommendation: Wait for confirmation of a break above 0.800 to capitalize on upward momentum or consider buying at 0.600 with a strict stop loss. #Trump47thPresident #BTCBreaksATH #PensionCryptoShift #ElectionNightBTCGuess #USElections2024Countdown
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How to Make $20 a Day with a Crypto Price Alert and Notification Service
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Analysis of TROY / USDT The #TROY coin is showing a strong upward trend after an important weekly close above the 0.003197 level, indicating positive momentum that could drive the price toward a new target at 0.007482 in the medium term. This close above the key support level reinforces investor confidence in the continuation of the uptrend. The price is expected to see a slight correction before resuming its rise, creating good entry opportunities for investors looking to capitalize on this upward movement. #USElections2024Countdown #NovemberMarketAnalysis #EthereumWhitepaper #OctoberCryptoFundingSurge #TetherAEDLaunch $TROY
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🇺🇸 Donald Trump says "Bitcoin is not threatening the dollar, the behavior of the current US government is really threatening the dollar." $BTC #TrumpCryptoSupport #TetherAEDLaunch #BTCMiningRevenue #USEquitiesRebound #USElections2024Countdown
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🔍 Understanding the MarketCycle in Simple Terms The image shows two views on our current position in the MarketCycle: Bearish View: Bears think we are at the market peak and prices may soon drop. Bullish View: Optimists believe we are at the beginning of a new upward cycle after a period of decline. $BTC $NOT $DOT
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