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🚨Death ☠️ Cross ❌ is forming in $BTC at 1D TF. Will BTC drop to $40K? Let's analyze it. Many creators on square and other social media platforms are talking about death Cross . Saying market can dump to 40K due to of it. Before we move further we want to announce a big thing today, which is written in form of announcement at the end of this post . Don't miss it. Now let's explain death cross formation . To discuss death cross first we need to know what is death cross? Death cross created when 50 MA (Moving average ) Cross 200 MA from upper side toward downward side, as shown in below chart. Where red line indicating 50 MA and Green line indicating 200 MA. On the same side golden cross opposite to death cross. Golden cross is Bullish sign for market where Death cross is Bearish sign for market. If we look on chart it is clearly shown that death cross has formed. But we don't think market will crash to 40K because we are at edge of rate cuts , we are at edge of Bull Run . ETF are buying continuesly , do you think if Market need to go 40K then they are mad who are buying at these price. No it is just a fud market will not dump to that point . only 60-70% chance it will play out. Market condition indicating it is not going to happen . If you read yesterday post we mentioned 57,500 and 55,000 level for buying for #BTC☀ . And 20% for unexpected senerio . But we don't believe market will go to 40K or even some people are talking about 33K. Don't look and believe such report. They just want to keep you away from market before next leg up. We are expecting 57,500 and 55K zone in ahead week. Some liquidation created at 61,650. So, we can expect a little wick to that point and then our entry point will be retraced and we will enter at given points . So, wait with patience for entry point . 📢Announcement : We are thinking to add $ETH and $SOL in our regular analysis report . If you want to make it happen show your interest by doing comment and likes. Note: Do your own research before investing or taking any financial decision. #MU_Traders
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🚨$BTC is ready for $51K. Here is full detail why & what we are going to do with our portfolio ? we want to clear a thing at beginning of post, if you have enough time to read full post then read otherwise don't read. Skipping is better then reading half post. Yesterday we call for bearish trend in #BTC☀ and today we are still bearish but with updated chart and analysis . First we will discuss market and then we will discuss how we are going to manage our portfolio . So, first discuss market senerio . As you can see rising wedge pattern is forming , indicating bearish trend. First market give fake breakout and now again enter in this pattern . We will see breakdown of this pattern in upcoming hours or 2,4 days and market can fall UpTo below given levels: 1. $57,500 2. $55,000 3. $51,000 We will see some bounce like $800 - $2,000 on each support depend on market strength . As all of us know ( who is in this market from last 1.5+ years) it is unable to predict exact from which point market will bounce and make ATH. So, the most important thing is how we manage our funds. We personally took some exit like 20-40% from market for DCA. We will consider these 20% amount as 100% for better understanding . We will buy with this 100% amount as given below details : 1. 20% at $57,500 2. 60% at $55,000 3. 20% at $51,000 Maximum chance market hit our second entry point but if unexpected senerio created then for that we will use our 20% reserved fund to buy at 51,000 area. Here are some more reason why we are expecting dump: 1. $450M+ liquidation present at $55K region. 2. Many people are looking for ATH at that time due to of upcoming rate cuts. Market will manipulate them. Note : We believe in current analysis . But there are always some point at which our analysis will failed. In today analysis invalidation is that if 1D close above $62,700 we will analyze market again and plan accordingly . At the moment follow given analysis . If you have read till that point then don't forget to hit like button. #MU_Traders
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$BTC is showing strong support at 60K zone. And rejection from this red trend line continuesly as showing in below chart. Once this trend line flip by 1H closing we will analyze market momentum again and share with you. At that time below mentioned update is still valid. Keep following #MU_Traders and hit like button , so we keep inform you with each movement . #TONonBinance #XRPVictory #MarketDownturn #SahmRule
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🚨We are still looking for a pull back in $BTC up to $52K area. Here is why? Yesterday we predict a dump from 59K area. it rejected from there and showed $1,500 downside movement . But unfortunately after that price show too much buying pressure and pumped UpTo 62K+. Here is our updated chart and details: Note: We receive many comment you are wrong you are providing wrong analysis you are getting paid for wrong analysis . we want to clear we don't predict market we just share our planing , you always need to #Dyor2024 before taking any financial action . As you can see in chart BTC is trading at resistance zone. #BTC☀ is currently trading at high volume resistance area. Maximum chance BTC get rejection from here and try to find a support between 52K area. First we will see some support at 57K and then 52K. Personally we have sold some alts here and waiting for dip to enter in market again. Also BTC filled CME gap and liquidate $700M+ in this upward movement . Now maximum liquidation present at 53K , and some present at 70K zone. Now if market go UpTo 70K $3B+ will get liquidate on the other side if market dip to 53K area then $5B+ will get liquidate so maximum Chance BTC move downward. Main reason why we are bearish is that BTC showed recovery too much fast after dipping below 50K. Now many new traders are getting FOMO. Market will move downward side to liquidate them. Also many long position opened late bcz when market crashed to 50K every one get scared and don't want to buy anything . And now greed will increase and FOMO created. Market will be manipulated by market makers and move downward side to liquidate them. Theme of Talk : We are bearish and waiting for $57K and 53K zone to buy again. Don't forget to Like Post . It is more then your tip. If you don't want to miss new updates follow #MU_Traders . #TONonBinance #XRPVictory $ETH $BNB
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Binance to List Toncoin (TON) with Seed Tag Binance will list Toncoin (TON) and open trading for TON/BTC, TON/USDT, TON/FDUSD, and TON/TRY at 2024-08-08 10:00 (UTC). Deposits are open now, and withdrawals will be available from 2024-08-09 10:00 (UTC). The listing fee for TON is 0 BNB. What Is Toncoin (TON)? Toncoin is a decentralized L1 blockchain created by the community using Telegram's technology. TON is marked with a Seed Tag, indicating higher volatility and risks. Users must pass a quiz every 90 days on Binance Spot and/or Margin platforms to trade Seed Tag tokens. Reminder: #tonecoin is a newly listed token with higher risk and potential price volatility. Ensure sufficient risk management and conduct thorough research before trading. Seed tags represent innovative projects with higher volatility. For trading access, pass the corresponding quizzes and accept the Terms of Use on Binance platforms. Follow #MU_Traders for more updates . Don't forget to like post. #TON #TonListing #XRPVictory
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