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6thTrade
21 nov 2024
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➡️ $APE / USDT (1W Timeframe) #Apecoin has tested a key support zone and is showing signs of a potential bullish reversal. The previous rejection from this level led to a significant price surge, and we could see history repeating itself. 🔔Target Levels: ➡️ T1: $1.435 ➡️ T2: $1.802 ➡️ T3: $2.219 $APE
21 feb
#DEGO LONG 1.75 Leverage X25 X75 Target : TARGET 1 : 1.9 TARGET 2 : 2.1 TARGET 3 : 2.4 STOP :1.2 Buying much more #DEGO now Breakout is confirmed
21 feb
⚡️ Breaking: SEC Drops Lawsuit Against Coinbase The SEC has agreed to dismiss its case against Coinbase, marking a major win for the crypto industry and regulatory clarity in the U.S 🌀 #ActiveUserImpact
21 feb
Educational Post What Is CPI? The consumer price index (CPI) is a measure used to assess price changes associated with the cost of living. CPI tracks changes in the price level of a basket of consumer goods and services. It is one of the most commonly used indicators of inflation, which refers to the rate at which the general level of prices for goods and services rises, eroding purchasing power. How Does CPI Work? CPI is calculated by national statistical agencies, like the Bureau of Labor Statistics (BLS) in the United States. Let’s see how it typically works. 1. Selection of goods and services A representative basket of goods and services is selected. This basket includes items that are commonly purchased by households, such as food, clothing, transportation, medical care, and entertainment. The selection aims to reflect the spending habits of the average consumer. 2. Data collection Prices for the items in the basket are collected periodically. This data is gathered from various sources, including retail stores, service providers, and online platforms. The prices are recorded in different regions to account for geographic variation. 3. Weighting Each item in the basket is assigned a weight based on its importance in the average consumer's budget. For example, if consumers spend more on housing than on entertainment, housing will have a higher weight in the index. 4. Calculation of the index The prices of the items in the basket are compared to a base period, and the index is calculated. The base period is usually set to 100, and the CPI value for subsequent periods shows the percentage change in prices relative to this base period. For example, a CPI of 105 indicates a 5% increase in prices since the base period. #GasFeeImpact
21 feb
#GALA/USDT ANALYSIS GALA is consolidating within a descending channel and is currently gaining momentum. The 50MA is acting as a resistance barrier. A decisive breakout above both the channel and the 50MA would confirm a bullish trend. Keep a close watch on it. #WalletActivityInsights
21 feb
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