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#API3/USDT ANALYSIS API3 breakout the symmetrical triangle with a high volume. MACD crossover is showing bullish momentum. A continuation of the bullish move is expected from here or after a successful retest of the triangle.
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#IMX/USDT ANALYSIS IMX broke out of the symmetrical triangle pattern with significant volume. The 200-day moving average indicates a bullish trend. Momentum is evident, suggesting an upward movement is anticipated.
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#ADA/USDT ANALYSIS ADA is currently moving within a descending triangle pattern, attempting to maintain its position above the horizontal support level. However, the volume is notably low. The RSI indicates that the market is oversold. A sustained breakdown of the triangle would confirm bearish sentiment, while a bounce from the support followed by a solid breakout of the triangle would confirm bullish momentum.
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#CHR/USDT ANALYSIS CHR is currently moving within a falling wedge pattern, nearing a breakout point where the 100-day moving average (MA) is also serving as resistance. A strong breakout from the falling wedge would confirm bullish momentum.
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#SHIB/USDT ANALYSIS SHIB is currently following a descending triangle pattern. It experienced a pump from the horizontal support level. The 200-day moving average indicates a bullish trend. It is presently encountering resistance from the trendline and the Ichimoku cloud. We must monitor closely for a clear breakout from the triangle pattern to confirm the bullish move.
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