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👩‍💻 #REVIEW BITCOIN A bounce happened and #BTC reached local resistance: those who opened longs last Friday can close them in breakeven. Most likely we'll get a decline here and dump back to $64k - $65k zone. Note that I buy alts and #BTC all along my buy zones because I anticipate this small retrace to happen! This way you won't feel bad buying the resistance. If we don't get this local dump in the next 2-3 days, #BTC is on the way to new ATH! If this is the case, I'll just cancel my orders and buy at market instead! #bitcoin #btcupdate

👩‍💻 #REVIEW BITCOIN

A bounce happened and #BTC reached local resistance: those who opened longs last Friday can close them in breakeven. Most likely we'll get a decline here and dump back to $64k - $65k zone.

Note that I buy alts and #BTC all along my buy zones because I anticipate this small retrace to happen! This way you won't feel bad buying the resistance.

If we don't get this local dump in the next 2-3 days, #BTC is on the way to new ATH! If this is the case, I'll just cancel my orders and buy at market instead!

#bitcoin #btcupdate

Жауапкершіліктен бас тарту туралы мәлімдеме: үшінші тараптардың пікірлері бар. Қаржылық кеңес емес. Ішінде жарнамалық контент болуы мүмкін. Шарттар мен талаптарды қараңыз.
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#SEI/USDT Technical Analysis # 12-Hour Chart Review **Current Pattern: Symmetrical Triangle** SEI/USDT is currently forming a symmetrical triangle pattern on the 12-hour chart. This pattern is typically characterized by converging trend lines connecting a series of sequential peaks and troughs. #### Key Levels and Indicators - **Resistance Level**: $0.5774 - **Support Zone**: Approximately $0.4990 - **Moving Averages**: - The 100-period MA is currently at $0.5450, which may act as a dynamic resistance. - **Volume Profile**: The volume is decreasing, indicating a potential breakout as the price reaches the apex of the triangle. #### Potential Breakout A breakout from this symmetrical triangle pattern is anticipated to lead to a significant bullish wave. If SEI/USDT breaks above the descending resistance, it could trigger a rally. The target for the breakout move is projected to be between 40% to 50%, aiming for the resistance zones around $0.68. #### Conclusion Traders should closely monitor the price action near the apex of the symmetrical triangle. A confirmed breakout, particularly above the $0.5774 level with strong volume, could validate the bullish scenario and lead to substantial price gains. Conversely, a failure to break out might see the price testing lower support levels within the triangle. --- This analysis provides a detailed and professional overview of the current technical setup for SEI/USDT on the 12-hour chart, highlighting potential trade opportunities and key levels to monitor. #SEIUSDT #sei #SeiNetwork #SEICoin2024 @Sei
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CHR/USDT Technical Analysis 🔥 #### 12-Hour Chart Review **Current Pattern: Parallel Channel** CHR/USDT is currently trading within a well-defined parallel channel on the 12-hour chart. The price action has respected the channel boundaries with multiple touches on both support and resistance levels. #### Key Levels and Indicators - **Resistance Level**: $0.3775 - **Support Zone**: Approximately $0.3175 - **Moving Averages**: - 50-period MA is currently at $0.3336, indicating potential support. - **Volume Profile**: Notable volume clusters around current trading levels, suggesting strong interest and potential consolidation. #### Potential Breakout If CHR/USDT successfully breaks above the $0.3775 resistance level, the chart suggests a significant potential for price appreciation. A successful breakout could result in an increase of approximately 70-80%, targeting the resistance zone around $0.56. #### Conclusion Traders should watch for a confirmed breakout above the $0.3775 level. A sustained move above this level, supported by increasing volume, could validate the bullish potential indicated by the chart. Conversely, failure to break above this resistance could see the price retracing back to the lower support levels within the channel. -- This analysis provides a clear and concise overview of the current technical setup for CHR/USDT on the 12-hour chart, highlighting potential trade opportunities and key levels to monitor. $CHR #CHRUSDT #Chromia @Chromia | Power to the Public
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Solana Ecosystem: Poised for a Bull Run 🚀 Tristan Frizza, the visionary founder of Zeta Markets, has observed a bullish trend in the Solana network, attributing the rise of **SOL** to a surge in memecoin activities. "Memecoins have become a pivotal force driving Solana's vibrant ecosystem," Frizza explains. "Solana's robust platform, capable of handling a high volume of transactions with minimal fees, creates an ideal habitat for users 🌐." Highlighting Solana's impressive on-chain metrics, Frizza notes that its Total Value Locked (TVL) has soared past the **\$4.9 billion** mark. "This uptick is a testament to the network's vigorous activity, with the count of monthly active addresses hitting a record peak of 41.65 million in May," he adds, underscoring the growing user engagement. The latest Bitfinex Alpha report echoes this sentiment, showcasing growth across Solana's DeFi landscape, particularly in lending, liquid staking, and perpetual markets. Ethereum: A Hub of Anticipation 🌟 Meanwhile, Ethereum, the titan of altcoins, is bracing for heightened activity, potentially overshadowing Bitcoin this month. Analysts at QCP Capital point out that Ethereum's options volatility (IV) outpaces that of Bitcoin. This indicates that the market is bracing for significant price movements in Ether, especially with the anticipated launch of a spot ETH ETF. "The bullish momentum is expected to persist as the market eagerly awaits the spot Ether ETF, which could spark fresh demand," say QCP Capital analysts. "The options market is a mirror to this sentiment, with Ethereum's IV standing 15 percent higher than Bitcoin's." Andrew Melville, Head of Research at Block Scholes, has noted that since mid-May, Ether's volatility has been more pronounced than Bitcoin's, marking a distinct shift in market dynamics post the FTX crash in November 2022. **Stay tuned for more updates on $BTC , $ETH , and $SOL !** #bitcoin #solana #Ethereum
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Bitcoin to $350,000 by August 25, 2024: A Speculative Prediction 🎯 📊 Predicting that Bitcoin will reach $350,000 by August 25, 2024, is a bold speculation and an opinion, not a lie. While it may seem like a tempting prospect, it remains a prediction about the future, which inherently carries uncertainty. My Take on Bitcoin and Other Cryptocurrencies 📈 I have a strong desire for Bitcoin to hit $350,000, and I hold this as a hopeful target. While my confidence in Bitcoin, Ethereum, and Solana is high, it's important to recognize this as a dream, a wish, and a speculative target rather than a guaranteed outcome. Why Continue Investing? 💡 I continue to buy more Bitcoin, Ethereum, and Solana because I believe in their potential for price appreciation. However, my confidence doesn't stem from an absolute certainty about these cryptocurrencies' futures. Rather, my confidence is grounded in my assessment of current leadership and economic management. Concerns About Leadership 🏛️ My confidence in cryptocurrency investments is, in part, driven by my views on the current leadership: - **President Biden** - **Treasury Secretary Janet Yellen** - **Federal Reserve Chair Jerome Powell** I believe these leaders, whom I metaphorically refer to as the "Three Stooges," exhibit incompetence in economic management. This perception fuels my confidence in the potential rise of assets like gold, silver, Bitcoin, Ethereum, and Solana. Final Thoughts 💬 In conclusion, while the prediction of Bitcoin reaching $350,000 is speculative, my strategy to invest in these assets is rooted in a broader economic perspective. I advocate for protecting oneself by diversifying into assets such as gold, silver, and prominent cryptocurrencies. Stay informed, make calculated decisions, and safeguard your investments against potential economic mismanagement. - Robert Kiyosaki $BTC #bitcoin #Binance #robertkiyosaki
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