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#CKB signal trade and results $CKB
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#COMBO signal trade and results $COMBO
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#US DOLLAR ANALYSIS The US dollar is currently being rejected by the resistance trendline of the symmetrical triangle pattern. Both the 50-day moving average and the 100-day moving average are indicating support at this level. To determine the next move of the US dollar, we need to wait for a confirmed breakout above the resistance or a breakdown below the support. It’s also important to note that the US dollar frequently exhibits an inverse relationship with the cryptocurrency market, meaning that movements in the dollar can have significant implications for crypto prices.
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#TRX/USDT ANALYSIS TRX is trading within a symmetrical triangle and is currently rebounding from its strong support trendline. The Ichimoku cloud is acting as resistance, indicating bearish momentum. We should wait for a confirmed breakout or breakdown to determine the next direction for $TRX
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#BTC/USDT ANALYSIS Bitcoin is currently navigating a symmetrical triangle pattern, positioned within the Ichimoku cloud, indicating a phase of consolidation. We anticipate a bounce from the support trendline of the triangle, suggesting a potential short-term buying opportunity. The key focus is on a breakout from the triangle and the horizontal resistance zone, which would signal bullish momentum and the possibility of a significant price increase. Conversely, a breakdown below the support trendline and the Ichimoku cloud could trigger a market correction, indicating bearish control and potential further declines.
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