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#LUNC signal trade and results $LUNC
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#BTC/USDT ANALYSIS Bitcoin is currently experiencing a strong rebound from the support trendline of a symmetrical triangle pattern, indicating a potential upward bounce. However, this bullish momentum faces resistance from the 50MA, a crucial indicator often watched by traders. For a definitive confirmation of Bitcoin's next significant move, it is essential to wait for a successful breakout above the triangle's resistance trendline and the 50MA, which would signal a bullish continuation. Conversely, a breakdown below the triangle's support trendline would suggest a bearish trend.
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#UNFI signal trade and results $UNFI #bitcoin
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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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