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Short TRB if it lose 49.4 on D target will be 42 Like and Comments for Chart

Short TRB if it lose 49.4 on D

target will be 42

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Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Peut inclure du contenu sponsorisé. Consultez les CG.
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The chart for WIFUSDT Perpetual shows a 4-hour candlestick pattern with key support and resistance levels. The support levels are around $2.70 and $2.87, while the resistance levels are near $3.66 and $4.48. Currently, the price is at $2.9728, which is above the support level of $2.87 and below the resistance level of $3.66. The price is showing an upward trend, evidenced by the green candlesticks and a recent price increase of 6.56%. Given the current positioning, the ideal entry point would be closer to the support level of $2.87, as buying near support can reduce risk and maximize potential gains. If the price retraces to this level and shows signs of consolidation or a reversal pattern, it could indicate a good buying opportunity. However, if the price breaks above the immediate resistance of $3.66 with strong volume, it could also present a breakout entry point, suggesting further upward momentum. It's essential to use additional indicators such as moving averages (MA), Bollinger Bands (BOLL), and Relative Strength Index (RSI) to confirm the trend and potential reversal points. For instance, if the RSI indicates oversold conditions near the support level of $2.87, it strengthens the case for an entry. Conversely, if the RSI shows overbought conditions near the resistance level, caution is warranted. In summary, the primary entry point would be around $2.87, with a secondary consideration for a breakout above $3.66, ensuring to use stop-loss orders to manage risk effectively. buy $WIF by clicking the tag
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let me explain you $ETH ETF basic understandings buy ETH in spot using the $ETH tag with dca. 1. 19b-4s (Exchange Rule Changes): This refers to the filing that a national securities exchange, like the NYSE or Nasdaq, submits to the SEC when they want to change rules or introduce new products. In the case of Ethereum ETFs, the exchanges need SEC approval on these filings to list the ETFs. This is essentially the exchange asking for permission to add these new Ethereum products to their trading platforms. 2. S-1s (Registration Statements): This is the initial registration form required for new securities offered to the public that provides the SEC and potential investors with detailed information about the company's business operations, financial condition, and management. For ETFs, this document will detail the structure of the fund, its management, and how it intends to replicate the performance of Ethereum. 3. SEC's Decision Process: The SEC must approve both the 19b-4s and the S-1s for the ETFs to be legally sold to the public. The SEC has a statutory timeframe (usually 45 days, which can be extended up to 240 days) to make an initial decision on the 19b-4 filings. If they approve the rule changes (19b-4s), it technically allows the ETFs to be listed on exchanges, but without the approval of the S-1s, the ETFs cannot be legally sold to investors. 4. Potential for Delay: Even if the 19b-4s are approved, the SEC could "slow play" the approval of the S-1s. This means they could take longer to review and approve these documents. The reported lack of engagement could indicate that the SEC might be taking a more cautious approach, possibly due to the complexities and risks associated with cryptocurrency products. This delay tactic can be used to further evaluate the market conditions or the specific structures of these ETFs without outright denying the applications.
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