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#REI/USDT ANALYSIS REI is currently rebounding from the support trendline of its descending channel. However, the Ichimoku cloud is providing resistance just above the price action. A breakout above both the channel and the Ichimoku cloud would signal bullish confirmation. Conversely, a failure to break through could result in a decline from this level. $REI
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$Ntrn Formed Descending Channel & On Verge Of Breakout Incase Of Successful Breakout Solid Recovery In Coming Days Will Open Position After Breakout #Crypto #Ntrn $NTRN
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#Bitcoinโฏ๐ฐ Half of the bitcoin bull run is over, the next half is going to be epic. $BTC
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#BTC/USDT ANALYSIS Bitcoin is currently trading within a descending triangle pattern, which often signals a potential breakout or breakdown. The price is positioned above a significant horizontal demand zone, indicating that there is buying interest at this level. The 200-day moving average is providing strong support, suggesting that there is a substantial amount of momentum below the triangle. On the other hand, the Ichimoku cloud acts as a resistance, creating a barrier for upward movement. To determine the next significant move, it is crucial to wait for a clear and confirmed breakout above the resistance or a breakdown below the support. This will provide a more definitive direction for Bitcoin's future price action. $BTC
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#ALTS MARKET CAP ANALYSIS The ALTS market cap is consolidating within a descending triangle pattern and is currently rebounding from the horizontal demand zone. The Ichimoku cloud is acting as resistance above the price action, indicating bearish momentum. We need to watch for a successful breakout or breakdown. A breakout would signal a bullish trend in the ALTS market, while a breakdown would indicate a bearish trend. Keep an eye on this development.
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