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$ATOM 1HR Time Frame Analysis Catching some bids here from the lows. Let's see where she goes... #AltSeason #HotTrends #TrendingTopic #Signal #SignalAlert

$ATOM 1HR Time Frame Analysis

Catching some bids here from the lows. Let's see where she goes...

#AltSeason #HotTrends #TrendingTopic #Signal #SignalAlert

Aviso legal: Se incluyen opiniones de terceros. Esto no representa asesoría financiera. Lee los TyC.
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Satoshi-Era Bitcoin Whale Suddenly Wakes Up After Entire Decade Someone has been sitting on a Bitcoin address for 10 years only to reactivate it with $115 million According to WhaleAlert, a blockchain tracking tool that analyzes transactions across different blockchains, a dormant address containing $115.4 million worth of Bitcoin was brought back to life for the first time in more than a decade on Saturday.  Bitcoin was trading at just $440 ten years ago, meaning that the whales saw their wealth skyrocketing by more than 15,600%. At press time, the largest cryptocurrency is changing hands at $69,331 on the Bitstamp exchange, according to CoinGecko data.  The recently reactivated whale address has attracted significant interest from the cryptocurrency community, with crypto enthusiasts speculating about the possible reasons behind its sudden reawakening. Some argue that it could be a Bitcoin investor with a strong level of conviction (diamond hands). Others believe that the investor simply lost and then somehow managed to discover the keys to the Bitcoin fortune.  Notably, the activation of the $115 million Bitcoin address took place just days before the upcoming halving event which is going to reduce the block subsidy reward to 3.125 BTC. It is not clear whether these two events are somehow related. However, some social media users speculated that the whale might go on a selling spree before the halving event.  It is worth mentioning that the world has not heard from Satoshi Nakamoto, the creator of Bitcoin, since 2014. Back then, he quickly reappeared to debunk a Newsweek article about Dorian Nakamoto, a Japanese American who was falsely identified as the creator of Bitcoin.  There have been several large Bitcoin transactions that involve addresses from the Satoshi era. For instance, in 2022, a whale from 2013 moved more than $100 million worth of Bitcoin.      #BullorBear #BinanceLaunchpool #Nonfarm #Memecoins #Signal $BTC
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$MTL USDT.4H UPDATE The 4-hour MTL/USDT chart provides a view of the market's movements along with RSI and MACD indicators to gauge momentum and trend strength. The RSI is at 54.21, which indicates a slight bullish bias as it is above the neutral 50 mark but not yet into overbought territory (above 70). This level of RSI suggests a moderate amount of buying momentum. The MACD is just above the signal line, also indicating mild bullish momentum. However, it’s close to the zero line, so the upward momentum isn’t particularly strong at this point. Price action is currently between the first level of support (S1) at $1.731 and the first level of resistance (R1) at $2.323. The presence of the second resistance (R2) at $2.452 indicates that this is a significant area to watch if R1 is breached. Similarly, if the price were to break below S1, the next significant support lies at S2 at $1.529. For a trading strategy based on this chart, I would monitor for a potential breakout above R1 with increased volume, which could signal a move towards R2. A fall below S1, especially with significant volume, could indicate a potential short opportunity or an exit signal for existing long positions. The importance of risk management can't be overstated; setting stop-loss orders around S1 could mitigate downside risk in the event of a price reversal. The strategy would also include being vigilant for any signs of a trend reversal indicated by the RSI or MACD diverging from the price movement. #BullorBear #BinanceLaunchpool #Nonfarm #Memecoins #Signal
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DOTUSDT.1D UPDATE In this daily DOT/USDT chart, we’re looking at a longer-term perspective of the price movement. The use of trend lines suggests a potential channel or wedge pattern forming, which is a common occurrence in markets and typically indicates areas of support and resistance that traders pay close attention to. The RSI is at 42.52, edging toward the lower end of the neutral zone but not signaling oversold conditions yet. This could imply a slight bearish bias or a cooling off period after a previous uptrend. The MACD is below the signal line and negative, which often points to bearish momentum. However, the histogram bars are quite small, indicating that while the bears might have control, the selling pressure is not particularly strong at the moment. The price is currently near the support level (S1), bouncing off from it. The placement of S1 in conjunction with the upward sloping trend line suggests this could be a critical level to hold for the price to maintain its overall bullish structure. Looking above, the resistance level (R2) is quite far from the current price, implying there could be significant upside potential if the price were to break through any intermediary resistance levels not marked on this chart. If I were trading this setup, I would watch for potential buy signals around S1, such as bullish candlestick patterns or a bounce with increased volume. Conversely, a break below S1 with significant volume might indicate a trend change, necessitating a reassessment of the bullish outlook. It’s always crucial to consider other factors that could influence the price of DOT, including broader cryptocurrency market trends, news related to the Polkadot ecosystem, and overall risk sentiment in the financial markets. With that in mind, maintaining a disciplined approach with proper risk management, such as setting stop-loss orders, is advisable. #BullorBear #BinanceLaunchpool #Nonfarm #Memecoins #Signal
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