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Bitcoin just hits $28000
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$US DOLLAR ANALYSIS The US dollar is currently consolidating within a descending triangle pattern, rebounding from the horizontal demand zone. The Ichimoku Cloud is acting as a key resistance above the price action, forming a critical barrier that could influence the next directional move. A decisive breakout or breakdown from this triangle will be pivotal in determining the dollar's next major move. Considering the US dollar's typical inverse relationship with the cryptocurrency market, any significant shift could have substantial implications for broader market trends. #UptoberBTC70K? #SCRSpotTradingOnBinance #APESurge #BinanceLabsInvestsLombard #USRetailSalesBoost
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$BTC Bitcoin is currently testing the resistance trendline of its descending broadening wedge pattern. A successful breakout from this level could confirm a bullish trend. The Ichimoku Cloud is providing strong support beneath the price action, reinforcing the potential for upward momentum. Keep a close watch on the breakout for confirmation. #UptoberBTC70K? #SCRSpotTradingOnBinance #BinanceLabsInvestsLombard #APESurge #USRetailSalesBoost
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$PERP BUY SETUP PERP has broken out of its ascending triangle pattern with significant volume. It is currently testing the Ichimoku Cloud, which, along with the 100MA, is acting as strong support. If this support holds, a major rally could be imminent. 🚀 Keep an eye on it. 👀 #UptoberBTC70K? #SCRSpotTradingOnBinance #BinanceLabsInvestsLombard #APESurge #USRetailSalesBoost
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TOTAL MARKET CAP ANALYSIS The total cryptocurrency market cap has successfully broken out of the ascending triangle pattern and completed a successful retest above it. The Ichimoku Cloud is also showing bullish momentum, signaling strong upward movement. We anticipate the continuation of this bullish trend, with the next target being the all-time high zone. However, minor retracements may occur during the upward journey. #UptoberBTC70K? #SCRSpotTradingOnBinance #BinanceLabsInvestsLombard
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$POLYX ANALYSIS POLYX is consolidating within a symmetrical triangle and is currently rebounding off the support trendline. The Ichimoku Cloud is signaling bullish strength as well. A decisive breakout from the pattern could trigger a strong bullish rally. Stay alert for potential moves. #MemeCoinTrending #SCRSpotTradingOnBinance #USRetailSalesBoost #TeslaTransferBTC #TeslaTransferBTC
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