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BTC is once again fighting the ultimate 70k-73k resistance. People see this as a make or break for BTC, but it's not actually the case. BTC has sealed it's fate a few hours ago when it's daily candle closed at 71k. Daily KDJ oscillator has recorded FOMO volume at 71k. People are panic buying at 71k making the 71k zone a strong support for a possible upside rally. How strong is it? It's so strong, that even if a candle will close below it, price will still bounce back to that zone, and pump beyond it. BTC is obviously bullish now, and new ATH is comming 74k-76k or even more. Well, 86k or even 107k is possible too. FOLLOW for more #bitcoin #BTC #buythedip #TechnicalAnalysis #Marketupdate

BTC is once again fighting the ultimate 70k-73k resistance. People see this as a make or break for BTC, but it's not actually the case. BTC has sealed it's fate a few hours ago when it's daily candle closed at 71k.

Daily KDJ oscillator has recorded FOMO volume at 71k. People are panic buying at 71k making the 71k zone a strong support for a possible upside rally.

How strong is it? It's so strong, that even if a candle will close below it, price will still bounce back to that zone, and pump beyond it.

BTC is obviously bullish now, and new ATH is comming 74k-76k or even more. Well, 86k or even 107k is possible too.

FOLLOW for more

#bitcoin #BTC #buythedip #TechnicalAnalysis #Marketupdate

Aviso legal: Se incluyen opiniones de terceros. Esto no respresenta una asesoría financiera. Puede haber contenido patrocinado. Lee los TyC.
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A follower asked me to comment about xrp. So they say xrp is like a stable coin because it's growth has been steady over the years. Well, I humbly disagree. You're way too mean with xrp guys 😅. I remembered trading xrp at 0.2 some time in 2018, when BTC was around 10k. Looking at the price now, XRP has grown arround 200% while BTC grew arround 600%. Stable coin will never grow that much, that's a fact. So if you say xrp is stable, sorry to disappoint, but it's not. It is growing but not as fast as the popular memes does. Why is that? Xrp has the same fate with LTC. Both coins are used as mode of transfer because of the low transfer fee. Since the primary purpose of buying these coins is to transfer funds, then money will just go in and out of these coins. The people who bought will just immediately sell right after transferring. Yup, although xrp is not a stable coin, we can't expect a lot from it since holdling is not the primary purpose of those who bought. If you're looking for a x10 or x100 token, look for low cap tokens that most people are keeping for long term, check out #Pitbull FOLLOW for more.
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Be careful if you're longing PEOPLE. Bearish signs are showing. There's panic selling at 0.077. To satisfy the sell pressure people may drop to seek support. KDJ oscillator suggest to ambush a long position at the following viable support zones👇 0.065 and 0.045 FOLLOW for more Chart 👇
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Sorry to disappoint you guys, but people is tired and is finally showing bearish signs. If you're thinking about going short, you can proceed with caution, and always put a stop loss. The 4H KDJ has recorded panic selling at arround 0.077. Price may go down way pass that 0.077 to satisfy the sell volume. We have a good support at arround 0.047-0.066, price may bounce back after hitting this support. The daily KDJ suggest that 0.047 drop is highly possible. If you'd like to go long, wait for it to drop at these support zones. FOLLOW for more Chart 👇
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Shocking news! Elon musk has just mentioned PIT in a tweet a few hours ago. #Pitbull pumped to more than 80% in the exchange that is about to delist it for apparent lack of volume. Seems like Elon is secretly a part of the #pitbullarmy and is showing his support by tweeting about it and probably buying some too.😜 Who knows? This is the second time that he mentioned PIT this month. By the way PITBULL is in line to become the next binance newbie. You can vote for it in binance futures next and if it wins and gets listed, you will double your vote money. If it doesn't, you'll get your money back. Risk free. FOLLOW for more
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People has dropped to 0.079, how far will it fall this time? Such a tricky question when we all know that people is hyperbullish, and there are zero bearish signs yet. But, allow me to pull up the daily KDJ Stochastic oscillator to determine the possible price zones. KDJ has detected FOMO at around 0.076, however the rally to the 0.095 zone may have satisfied the needed volume. The daily KDJ is saying that if people will drop, it's going to visit the 0. 047 - 0.065 support zones and price may bounce back if a candle visits that zone. I'm not saying that its gonna drop that far because the token is in a hyperbullish state. SO DON'T EVER GO SHORT. We will never know where it's gonna go until we see some signs in the chart. Unfortunately, for now, there are no signs yet. We are just scanning for a possible good entry. So yeah 0.047-0.065 is the best entry in case it falls further. FOLLOW for more Chart 👇
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