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greenboys2132
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It is clear that
Bitcoin
is entering a new race: who will reach the ground faster, it or an unknown currency?
$BTC
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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BTC
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greenboys2132
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**"I finally understood why ETH hesitates to make decisions in the market..."** Frankly, it does not need developers and investors, but rather it needs a psychologist to reach $3000 this year. $ETH $ETH
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"A trader who tries to make up for his losses in a volatile market... every time he takes a breath, he finds the market has drowned him again!"
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The chart provided is for RED/USDT on a 30-minute timeframe, with the price at $0.68847 as of March 7, 2025, 19:30 UTC. Here is a detailed technical analysis with entry points: Price Action and Trends: The price has been oscillating between $0.6105 and $0.7730 over the past 48 hours, forming a range bound pattern. A recent rejection at $0.6999 (EMA 100) signaled resistance, followed by a pullback to $0.68847. The price is currently above EMA 7 ($0.68054) and EMA 25 ($0.67863), indicating short-term bullish momentum. Support and Resistance: Support: $0.6700 (near EMA 99 at $0.67995) and $0.6328 (recent low). Resistance: $0.6999 (EMA 100) and $0.7313 (recent high). Indicators: RSI (14): At 54.17, indicating neutral momentum, without reaching overbought or pullback territory. Stochastic RSI: At 28.63 (fast) and 18.02 (slow), approaching overbought, suggesting a possible bounce. MACD: DIF (0.0020462) and DEA (0.0028718) are crossing, with a negative MACD value (-0.0008255), indicating weak momentum. Volume: 542.289k, relatively low, reflecting weak buying pressure. Moving Averages: The price is testing EMA 99 ($0.67995), which has acted as dynamic support. A bullish crossover of MA 5 ($938.620) and MA 10 ($935.858) indicates short-term buying interest. Entry Zones: Buy: $0.6750-0.6800 (near support area and EMA 99, with bullish candlestick pattern confirmation). Target: $0.6999 (first resistance). Stop Loss: $0.6650. Sell: $0.6950-0.6999 (near resistance at EMA 100, with rejection signs). Target: $0.6700 (support). Stop Loss: $0.7100. Are you ready to trade RED/USDT? The price at $0.68847 is testing key support at 0.6800! RSI and Stochastic indicators are pointing to a possible bounce. Enter buy at $0.6750-0.6800, heading to 0.6999, or sell at 0.6950-0.6999 if rejected, heading to 0.6700. Monitor the volume and share your opinion! .$RED
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