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ENSIGN TRADING
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Here's the Analysis of #MAGIC : #MAGIC crashing hard with the market conditions and overall altcoins are dumping too. Price is been on a minor support area but doesn't seems to holding. The lower support looks promising around $0.61 - $0.62. In case market remains stable then we'll try to get an enter in LTF.

Here's the Analysis of #MAGIC :

#MAGIC crashing hard with the market conditions and overall altcoins are dumping too. Price is been on a minor support area but doesn't seems to holding. The lower support looks promising around $0.61 - $0.62. In case market remains stable then we'll try to get an enter in LTF.

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 prior two halving cycles saw price flat after two weeks, with only the first halving seeing an +11% gain. In general, the 60-days after halving events tend to be choppy, sideways, with a slight downwards drift to the of around of -5% to -15%. 🔴 Epoch 2: +9.0% 🔵 Epoch 3: +0.4% 🟢 Epoch 4: -1.5% ⚫️ Epoch 5: 0.3%
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#DXY UPDATE : #DXY made a close below which drives the price from $60,000 to $66,00 and alts also performed with that. Now, is a clean close below of support but market structure is still bullish, so Monday market open will decide, what gonna happen next. Scenarios are anticipated in the charts.
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#BITCOIN WEEKLY TF UPDATE : #BITCOIN on Weekly TF, did gave a very shallow closing below the support and quickly moved up with the momentum, making an engulfing candle and breaking the resistance too. Weekly closing above the $66,200 will be considered bullish for next week. #ATH level will be nearby for us, so hope for the best
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💰 CryptoQuant CEO predicts Bitcoin bull run until April 2025. According to CEO Ki Young Ju, Bitcoin is currently in a strong bull market cycle with market value growth outpacing realized value. Potentially ending in April 2025.
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