VIP MARKET UPDATE: $XMR
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It is currently trading within a symmetrical triangle pattern. At present, the price is positioned below the Point of Control (POC) level.
A breakout followed by a successful retest of the POC level would serve as confirmation of an impending upward movement. Furthermore, a breakout from the symmetrical triangle pattern would provide strong validation of the bullish scenario.
Conversely, if the price experiences a breakdown followed by a retest of the triangle's boundaries, it would signal a bearish outlook.
Coin Signals, [9/1/23, 2:00 PM]
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💰 The potential bottom for #Bitcoin looks more likely in Q4 rather than Q1, Considering the upcoming halving in April 2024.
Some altcoins might reach their bottoms before Bitcoin, they will be frontrun by whales, while others will align with Bitcoin's bottom.
Stay Active and Be Ready to Accumulate in next couple of months.
Coin Signals, [9/1/23, 4:24 PM]
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💰 Bitcoin's Higher Time frame Liquidation Levels.
It is important to know the liquidation levels, Liq levels often signal potential reversals.
• High Short Liquidations: $32,000
• Next Long Liquidations: $23,600
• High Long Liquidations: $15,000
Coin Signals, [9/1/23, 6:01 PM]
🚨 FUD : UK Virtual Asset Service Providers (VASPs) need to comply with #FATF’s Travel Rule from September 1.
Which mandates that to collect, verify, and share information for all #crypto transfers.
