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Zavia trade Tecniques
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hold dear.. your loss will be decreased soon
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Zavia trade Tecniques
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Bearish
$THE
#short
It is the time to reversal
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M2 Correlation and Bitcoin’s Price Movements
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$OG Technical Analysis of OG/USDT The current price of OG/USDT is 5.673 and has experienced a 7.85% decline. The 24-hour trading volume is 26.02M indicating substantial activity. The chart displays a bearish trend with a recent downward spike. Support and Resistance Resistance: The chart highlights a significant resistance level around 7.400 which has acted as a ceiling for the price. Support: The price has found some support at around 4.673 but continues to experience downward pressure. Indicators Moving Averages: The 7, 25, and 99 Moving Averages (MA) show a clear downward trend, further suggesting a bearish market. Volume: The volume indicator shows a spike in trading activity during the recent price drop, suggesting a significant sell-off. MACD: The MACD indicator currently stands at -0.054 and is below the zero line, indicating a bearish momentum. RSI: The RSI indicator is not visible in the chart, but based on the downward trend, it is likely to be below 50, suggesting oversold conditions. Conclusion The technical indicators point towards a bearish market with the price facing strong resistance. The recent downward spike and the high trading volume indicate a significant sell-off. Despite some support around 4.673, the trend seems to be in favor of the sellers. It is advisable to wait for a potential bounce or a confirmed reversal before considering any buy positions. #GDPSteadyPCE2.1Down #MarketBuyOrHold?
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$EIGEN Technical Analysis of EIGEN/USDT The current price of EIGEN/USDT is 4.135, indicating a 25.23% increase. The 24-hour high is 4.148, and the 24-hour low is 3.275. The 24-hour volume is 28.98M for EIGEN and 105.30M for USDT. Support and Resistance: Resistance: The price seems to be facing resistance at the 4.148 level, which is the 24-hour high. Support: The 3.179 level (MA(25)) and the 2.701 level (MA(99)) represent potential support levels. Indicators: Moving Averages (MA): The 7-period MA is currently at 3.631, the 25-period MA is at 3.179, and the 99-period MA is at 2.701. The MA lines are all sloping upwards, suggesting an uptrend. Volume: The volume is quite high, indicating strong interest in the asset. MACD: The MACD line is above the signal line, indicating a bullish sentiment. The MACD is also trending upwards. Conclusion: The price action of EIGEN/USDT suggests an uptrend, supported by bullish indicators like rising moving averages and increasing volume. However, the resistance at the 4.148 level might limit further upside movement. If the price breaks through this resistance, it could see further gains. However, if it fails to break through, a pullback towards the support levels is possible. #GDPSteadyPCE2.1Down #MarketBuyOrHold? #BinanceHODLerTHE
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$ENS Technical Analysis of ENS/USDT The chart shows a bullish trend for ENS/USDT, with the price currently trading above its 20-day moving average (MA) and showing signs of continued upward momentum. Support and Resistance: Support: The price is finding support around the 21.90 level, which represents the 24-hour low. Resistance: The price is facing resistance at the 29.12 level, which is the current high. Indicators: Moving Averages: The 7-day MA, 25-day MA, and 99-day MA are all trending upwards, suggesting a bullish trend. Volume: The 24-hour volume is relatively high, indicating strong buying pressure. MACD: The MACD line is above the signal line, confirming the bullish trend. RSI: The RSI is currently above 70, suggesting that the price is overbought. However, it is still climbing higher which may indicate continued upward pressure. Conclusion: Overall, the technical indicators suggest a strong bullish trend for ENS/USDT. The price is breaking out from resistance, with the volume and MACD confirming the upward trend. However, it is important to note that the RSI is overbought, indicating a potential pullback. Traders should keep an eye on the 29.12 level as a key resistance level and watch for potential pullbacks or consolidation. #GDPSteadyPCE2.1Down #MarketBuyOrHold? #BinanceHODLerTHE
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$ZEN ZEN/USDT Technical Analysis The ZEN/USDT pair is currently experiencing a bullish trend, with the price rising significantly over the past few hours. The indicators suggest that the momentum is strong, but there are some potential points of resistance to consider. Support: 11.40: This is the 24-hour low and a strong support level. 13.57: The MA(25) is providing support to the price. Resistance: 15.64: This is the 24-hour high and a significant point of resistance. 13.60%: This is the current resistance level on the Depth chart. Indicators: Volume: The volume is high, indicating strong buying interest. MA(5): The MA(5) is above the MA(10) and rising, indicating a bullish trend. MACD: The MACD is above zero, suggesting a bullish trend. DIF and DEA: Both the DIF and DEA are above zero, indicating a bullish trend. Conclusion: The overall technical outlook for ZEN/USDT is bullish. The price is currently in an uptrend, and the indicators suggest that this trend could continue. However, there are some potential points of resistance to consider. Traders should be cautious about potential price pullbacks near the resistance levels. A breakout above the 15.64 resistance level could lead to further gains. Disclaimer: This is not financial advice. Always do your own research before investing in any cryptocurrency. #GDPSteadyPCE2.1Down #MarketBuyOrHold? #BinanceHODLerTHE
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