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$DOGE $BTC #Write2Earn! Dogecoin ($DOGE) is set to test your patience during this parabolic run! Similar to 2017 and 2020, we’ve received a TD sell signal, suggesting a potential short-term correction before the bullish rally resumes.
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The Future Of BounceBit (BB) Token
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$ETH $BTC #altmomentum This chart is a weekly candlestick chart for the ETH/USD perpetual futures contract on Bybit, sourced from TradingView. Here's a detailed description: 1. **Price Action**: - The chart spans from late 2020 to late 2024. - A strong uptrend occurred from late 2020 to 2021, followed by a significant correction and consolidation phase. 2. **Support Zone**: - A green shaded area between approximately $1,700 and $2,500 represents a key horizontal support zone where price has shown repeated reversals or consolidation. 3. **Trendlines**: - **Ascending Trendline**: A green trendline starting from mid-2022 marks an upward trend with higher lows. - **Descending Trendline**: A white descending trendline connects lower highs, forming a contracting triangle pattern with the ascending trendline. 4. **Breakout**: - Price recently broke out above the descending trendline, highlighted by a red circle, signaling potential bullish momentum. 5. **Current Price**: - The current price is $3,622.45, with a 7.62% gain for the week, indicating strong buying pressure following the breakout. 6. **Potential Implications**: - The breakout from the triangle pattern could suggest further upside, potentially targeting previous resistance levels above $4,000. - Sustained price action above the support zone and trendlines confirms bullish sentiment.
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$DOT $BTC $ETH In This Chart shows a 4-hour candlestick chart for the DOT/USDT trading pair. Here's a breakdown of the chart details: 1. **Price Action**: - The current price is **$8.54**, showing an increase of **+1.16%**. - The 24-hour high is **$8.586**, and the 24-hour low is **$8.002**. 2. **Indicators**: - The chart displays three moving averages: - MA(7) in yellow, indicating the short-term trend at **$8.312**. - MA(25) in pink, representing the medium-term trend at **$8.360**. - MA(99) in purple, showing the long-term trend at **$6.579**. 3. **Support and Resistance**: - A significant horizontal support level is marked at **$8.424**. - Resistance could be observed near the descending orange trendline. 4. **Trend and Patterns**: - The chart illustrates a descending wedge pattern (highlighted in orange), which often indicates a potential bullish breakout. - The price has recently broken out of the wedge, which might suggest upward momentum. 5. **Volume**: - The 24-hour volume is **12.33M DOT**, equivalent to **102.27M USDT**. The chart suggests a technical breakout from a downward pattern, with the price currently trading above key support levels and short-term moving averages.
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Don't do these mistakes at Binance Square. If you are a contain creator.
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