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#NTRN signal trade and results $NTRN
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#BTC/USDT ANALYSIS Bitcoin is currently trading within a descending triangle pattern, which often signals a potential breakout or breakdown. The price is positioned above a significant horizontal demand zone, indicating that there is buying interest at this level. The 200-day moving average is providing strong support, suggesting that there is a substantial amount of momentum below the triangle. On the other hand, the Ichimoku cloud acts as a resistance, creating a barrier for upward movement. To determine the next significant move, it is crucial to wait for a clear and confirmed breakout above the resistance or a breakdown below the support. This will provide a more definitive direction for Bitcoin's future price action.
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#ALTS MARKET CAP ANALYSIS The ALTS market cap is consolidating within a descending triangle pattern and is currently rebounding from the horizontal demand zone. The Ichimoku cloud is acting as resistance above the price action, indicating bearish momentum. We need to watch for a successful breakout or breakdown. A breakout would signal a bullish trend in the ALTS market, while a breakdown would indicate a bearish trend. Keep an eye on this development.
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#NTRN signal trade and results $NTRN
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#GAS signal trade and results $GAS
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