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Unichartz
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Bearish
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Short
$OM
/USDT with tight SL.
#Omusdt
#OM
#OMCoin
DYOR, NFA
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Unichartz
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This image provides a visual guide to key chart patterns and market structures in Forex trading. It emphasizes the importance of understanding how these patterns form and how price action influences market movements. The chart showcases several common patterns: 1. Bearish Channel: Traders are advised to buy at the retest after a breakout from the channel. 2. Double Bottom: This reversal pattern suggests buying after the confirmation of the second bottom or the breakout. 3. Rising Wedge: A bearish continuation pattern where selling is recommended after a breakout. 4. Flag Pattern: This continuation pattern typically occurs after a strong price move. The image suggests buying after the breakout. 5. Inverted Head and Shoulders (H&S): A reversal pattern signaling a potential bullish move, with a buying opportunity after the breakout. 6. Symmetrical Triangle: This pattern can break either way, but the focus is on buying at the retest after an upward breakout. The psychological level plays a significant role, as it represents critical zones where market sentiment often shifts. The chart encourages re-entry after successful retests in bullish patterns. This comprehensive structure helps traders enhance their technical analysis skills and make informed decisions. $BTC $ETH #LearnTogether #writetoearn #LearnFromMistakes
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Bitcoin is currently trading near a crucial horizontal support zone, as marked on the chart. The price recently pulled back from its highs, forming a bearish divergence on the RSI, which suggests weakening momentum. However, the key support level around $90,700–$92,500 is holding firm for now, providing potential for a bounce. If $BTC manages to sustain above this support zone, we could see a recovery attempt. However, a breakdown below this critical level might trigger further downside, with the next possible target around $85,000. Traders should closely monitor the RSI and volume for confirmation of either a bounce or a break below the marked support. #btc #btcusdt #bitcoin #altcoins #BTC走势分析
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The chart highlights the inverse relationship between BTC/USDT and USDT.D (Tether Dominance). When USDT.D drops, capital flows out of stablecoins into Bitcoin, driving BTC’s price higher. Conversely, a rise in USDT.D signals increased caution, often leading to BTC price declines. This correlation helps traders gauge market sentiment and identify potential trend shifts. $BTC #prediction... #USDTfree #usdtdominnce #BTCdominance #Altcoin
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Stay cautious with your long positions as USDT Dominance (USDT.D) is gaining strength, which is a bearish signal for altcoins #USDTD #USDTdominance #dominance #DOGE原型柴犬KABOSU去世 #BTC
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$XRP /USDT is consolidating well near the upper range of a bull flag pattern, demonstrating impressive strength in an otherwise highly volatile market, where most coins are down by 10-20%. This resilience is a clear sign of bullish momentum. If the price successfully breaks and sustains above the shaded resistance zone, we could see a sharp and significant upward move. DYOR, NFA #XRP #XRPUSDT #XRPRealityCheck #XRPPredictions #altcoins
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