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Malik Israr Ahmad
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#DOGE is getting ready for master move! Elone Musky where r u buddy?
#DOGE
is getting ready for master move!
Elone Musky where r u buddy?
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Malik Israr Ahmad
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#BTC Update: #Bitcoin is accumulating around stiff resistance cluster indeed 💯. This rejection was obvious as I previously mentioned this. #BTC need some fule/Catalyst to break this weak resistance zone. After clear breach of this resistance #BTC will officially starts Bull Run 2024-2025. NFA
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🔥🔥HANGING MAN CANDLESTICK 🔥🔥 The Hanging Man candlestick pattern is a bearish reversal pattern that appears at the top of an uptrend ¹ ² ³ ⁴: ✍️✍️✍️ Key points to consider: 👉 The Hanging Man occurs during an uptrend and warns that prices may start falling. 👉 The candle is composed of a small real body, a long lower shadow, and little or no upper shadow. 👉 The hanging man shows that selling interest is starting to increase. 👉 For the pattern to be valid, the candle following the hanging man must see the price of the asset decline. 👉 The long lower shadow of the hanging man shows that sellers were able to take control for part of the trading period. 👉 The hanging man pattern is just a warning. The price must move lower on the next candle in order for the hanging man to be a valid reversal pattern. This is called confirmation. 👉 Traders typically exit long trades or enter short trades during or after the confirmation candle, not before. 👉 The hanging man and the hammer candlesticks look identical. The only difference is the context. The hammer is a bottoming pattern that forms after a price decline, while the hanging man occurs after a price advance.
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#Crypto Universe is looking Damn Amazing! #BTC is getting warm up for a mega Run. MT GOX factor can’t be Hurdle for upcoming Move for #BTC .
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#DOGE is looking very sexy on Weekly TF. Expecting this Token above $1 in this bull cycle! NFA
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🔥🔥🔥DRAGONFLY DOJI CANDLESTICK🔥🔥🔥 A Dragonfly Doji is a type of candlestick pattern that signals a potential price reversal, either to the downside or upside, depending on past price action. Here are some key points to consider ¹ ² ³: 👉 The Dragonfly Doji occurs when the high, open, and close prices are the same. 👉 The long lower shadow suggests that there was aggressive selling during the period of the candle. 👉 The pattern is more significant if it occurs after a price decline, signaling a potential price rise. 👉 If it appears after a price advance, it indicates more selling is entering the market and a price decline could follow. 👉 The pattern needs to be confirmed by the candle following the Dragonfly Doji. 👉 The Dragonfly Doji is not a reliable tool for spotting most price reversals. 👉 The size of the dragonfly coupled with the size of the confirmation candle can sometimes mean the entry point for a trade is a long way from the stop loss location. 👉 The Dragonfly Doji works best when used in conjunction with other technical indicators, especially since the candlestick pattern can be a sign of indecision as well as an outright reversal pattern.
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