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#BTC/USDT ANALYSIS Bitcoin is forming a cup and handle chart pattern and is currently attempting to break the pattern's neckline. The Ichimoku cloud is providing support, indicating bullish strength. A solid breakout of the pattern would confirm the bullish trend. Keep an eye on this development.
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#ALTS MARKET CAP ANALYSIS The ALTS market cap is consolidating within a bull flag pattern after a strong rebound from the support trendline. The Ichimoku cloud is acting as resistance above the current price action. A solid breakout from the pattern will likely lead to a strong upward movement in the ALTS market. However, if it breaks below the support trendline, the pattern will be invalidated.
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#STMX signal trade and results $STMX
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#BTC/USDT ANALYSIS Bitcoin has bounced from the support trendline of the rising wedge pattern. Currently, it is being rejected by the resistance trendline of the pattern. The MACD crossover is poised to turn bearish. A sustained breakdown of the rising wedge would confirm a bearish trend, whereas further consolidation within the triangle is also possible. On the other hand, if it breaks above the pattern's resistance trendline, the pattern will be invalidated. $BTC
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Premium signal and results $STMX #STMX #XEC $XEC
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