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Hey fellow traders! I'm keeping an eye on dogwifhat $WIF and I think it's worth sharing my thoughts. Currently, WIF is at $1.59, up 0.83% in the last 24 hours. I've noticed that in nearly half of the trading days (46.85%), WIF has closed above its opening price. Now, here's the interesting part - we're 65.18% below the all-time high of $4.57, which was just 3 months ago! I'm thinking we might see a bounce back soon. What do you think? Are you holding WIF? Share your predictions! #WIF王者归来 #Write2Earn! #CPI_BTC_Watch #BinanceTurns7 #US_Job_Market_Slowdown
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BREAKING NEWS ‼️ ‼️ ‼️ Ethereum ETFs are gaining momentum as the SEC is expected to approve them soon. This could lead to billions of dollars flowing into ETH ETFs, driving up ETH's price. Analysts predict that ETH ETFs could see significant activity, potentially hosting $10 billion in inflows in the months following their launch. Additionally, Solana has also joined the process, and multiple applications have been made for spot Solana ETFs. This development could expand the list of publicly traded crypto funds, including spot Bitcoin ETFs. $ETH #ETH🔥🔥🔥🔥 #EtheruemETF #Write2Earn!
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FIBONACCI RETRACEMENTS: A POWERFUL TOOL IN TECHNICAL ANALYSIS👇‼️‼️‼️ Fibonacci retracements are a powerful tool in technical analysis that help traders identify potential support and resistance levels in the market. Here's how to use them: 1. Identify the trend: Fibonacci retracements work best when the market is trending. 2. Choose two key price points: Select a significant high and low point on the chart. 3. Apply Fibonacci ratios: The tool calculates key retracement levels (23.6%, 38.2%, 50%, 61.8%, and 100%) based on the Fibonacci sequence. 4. Draw horizontal lines: Place horizontal lines at each Fibonacci level on the chart. THE THEORY BEHIND FIBONACCI RETRACEMENTS The idea behind Fibonacci retracements is that after a strong price move, the market may pull back to one of these levels before continuing in the original direction. These levels can act as psychological support or resistance zones, influencing price direction. IMPORTANT REMINDERS - Fibonacci retracements are not a guarantee but rather a potential area of interest. - Use them in combination with other technical indicators to confirm your trading decisions. - By understanding Fibonacci retracements, you can gain valuable insights into potential price movements and make informed trading decisions. #Write2Earn! #TradingShot
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$SOL price is slowly but surely climbing back up, with a 3% gain in the last 24 hours. While it's still a far cry from its all-time high of $252.12, the fact that it's managed to close above the opening price nearly 50% of the time suggests there's still some underlying strength here. Will it make a full recovery? Only time will tell, but for now, it's a promising sign. #sol板块 #Write2Earn!
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$PEPE price is currently experiencing a decline, down 2% in the last 24 hours. Despite 49.75% of days closing above the opening price, the current price is 48.06% below its all-time high. If the trend continues, PEPE may struggle to reach its previous high. #pepe⚡ #PEPE_EXPERT #Write2Earn!
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