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Market Update - Overnight Bitcoin has rejected from the trendline resistance at $68.5k. This now gives us 4 hour supply just around the Prev Week High of $68.3k so a big level to break. The CME gap at $67.2k has just been filled, potentially this gives us support, but our 4 hour range until broken is $66.5k - $68.5k. Likely a week of volatility and opportiunities
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Binance Breakout Signal #NKN/USDT ( Spot ) #NKN market price now is a perfect entry for a massive breakout. The recent accumulation shows huge potential to grow. Link : https://www.binance.com/en/trade/NKN_USDT?type=spot Targets 1st : $0.09600 2nd : $0.10100 3rd : $0.12700 Exchange #Binance
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#VET is trying to break the first resistance to start a new uptrend. #VETUSDT recently successfully broke through the dynamic resistance, and now it should break through the $0.03400-$0.03200 resistance level very strongly and prepare to test the main resistance in the $0.05120-$0.05520 area. In general, the trend is still upward in the daily time frame, and the more than 50% decrease that the price has seen recently is only a part of the correction of an upward trend in this time frame. #VET:
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🟢#BTC analysis -From a technical perspective, Bitcoin’s recent price gains are part of a rebound that began after testing the lower trendline of its current descending channel as support. -Holding above the 50-day EMA (62700-62300) increases Bitcoin’s odds of furthering its recovery in the coming days. 📍However, bad news about Mt.Gox still remains.$BTC
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#Ethereum has again formed a similar pattern before climbing to $4,000. The price recently broke out of the downward resistance and tested it again. So now the chance of another strong upside step to test the important resistance level of $3900-4000 is very high. Now the price is facing surface resistance in the area of $3500, so both the upward scenario to the resistance level and the scenario of the price falling again to the support level of $3030 are significant. #ETHERUM
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