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Hello everyone 🌸 $BTC is once again below support. Due to the current low market volume, the risk of sudden directional changes and manipulation is high. The low trading volume is especially linked to the U.S. markets being closed for the holiday. This could increase the impact of spot sales in the market, leading to declines. The selling pressure observed on major exchanges like #Binance and Coinbase has caused #BTC to fall below the support level. Looking at the overall structure, as long as there is no close below 60,063, Bitcoin can rise. If it closes below this level, the upward structure will be disrupted. In this case, the 56,557 level we are tracking based on the daily Libra formation will become important. We will look for a new reversal confirmation as long as it stays above this level. The low volume means that the risk of fake movements and manipulations in the market is higher. Therefore, it is wise to avoid risky and short-term trades until the market gains volume. Waiting for the market to return to its normal volume can be a safer and more solid strategy. $BONK $SOL
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$NOT is trading at $0.013, experiencing a 27.17% drop over the past month. #Notcoin Bulls Make Moves to Stop Bears The 4h shows that the cryptocurrency reached an oversold point on July 1. BeInCrypto analyzed the situation using the Money Flow Index (MFI). When MFI increases, it indicates buying pressure, and when it decreases, it indicates selling pressure. A reading below 20 suggests overselling, while a reading above 80 indicates overbuying. On July 1, MFI was at 17.42, but at the time of writing, it is at 63.31. This shows that, despite the price falling, capital inflow has increased, indicating a reduction in selling pressure. If buyers take control of the market, Notcoin's price could rise. In the past, bullish divergence caused the price to rise from $0.014 to $0.020. While this does not guarantee the same performance, the price could reach $0.016 within five days. NOT Price Prediction: Will the Barrier Be Overcome? In the past, Open Interest (OI) supported NOT’s upward trend. An increase in OI means more liquidity in the derivatives market, while a decrease indicates more closed positions. At the time of writing, Notcoin’s OI is $143.08 million. Six days ago, it was $163.60 million, meaning $20 million worth of contracts were closed. This indicates that the downward trend is weakening, consistent with MFI indicators. For an upward reversal, more money needs to flow into the derivatives market. If this happens, NOT’s price could rise to $0.016. Despite the bullish potential, the Ichimoku Cloud shows that NOT might encounter resistance while trying to reclaim levels lost during the recent decline. If the cloud is above the price, it indicates a downward trend. At the time of writing, the cloud is above NOT’s price, indicating resistance as it tries to trade higher. #BinanceTournament $BONK
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$IO newly listed gem on all exchanges forming a falling wedge on lower time frame expecting a breakout in next couple of days #IO might empower the decentralized GPU/AI narrative but it's no match for the current #Bitcoin dominance and market conditions. Traders are now taking profits, and the price of the coin is down -55% from its ATH. The next potential major support is at the 61.8% Fibonacci level, between $2.5 and $2.6
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Peg you $LISTA airdrop and you ignored, peg you to $BB airdrop and you ignored. ➡️https://lense.revox.ai/?inviteCode=XEW9GV Repeg you Dont waste This Easy Freemoney 51% of $ RGt will be dropped to the community. they peg us to take free money, what are you waiting for? #AirdropGuide participate now very easy steps to participate: 1-Open #Binance web3 wallet from binance,Get in Revox airdrop. 2-put the invitation code in the "enter invite code " to doubled your points. The invite code is (XEW9GV).Copy and paste it. 3-Make sure to have at least (0.005) $BNB costing the gas fees about $ cents. 4-Make sure to have this bnb balance with opbnb chain. 5-enter the tasks to accumulate more and more points ,with check in ,social tasks . 6-You can also navigate into "Experience revoke lens" app and accumulate more points with your activity there. 7-You can be more active and share your invite code with friends to earn more points for you and them. you can have from 25$ up to 2000$ depending on your activity there. repeg you dont waste free money enjoy. $BONK $FET
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What is Copy Trading and How to Use It Effectively? What is Copy Trading? Copy trading allows you to replicate the strategies of experienced investors. This method is beneficial for inexperienced investors in the cryptocurrency market.#IntroToCopytrading Advantages of Copy Trading 1. Ease and Accessibility: Enables you to use professional investors' strategies. 2. Time-Saving: No need to constantly monitor the markets. 3. Learning Opportunity: Observe experienced investors' strategies and learn from them. 4. Risk Management: Diversify your risks by copying different strategies. #BTC Steps to Use Copy Trading Effectively 1. Choose the Right Platform: - Select a reliable and user-friendly platform (#binance ). 2. Research Successful Investors: - Review investors' performance, profit rates, and risk levels. 3. Diversify Your Portfolio: - Follow multiple investors to spread your risks. 4. Use Risk Management Settings: - Set a maximum loss limit to control your risks. 5. Regular Monitoring and Evaluation: - Regularly review your investments and make changes as needed. 6. Start Small: - Begin with small amounts to familiarize yourself with the platform and investors. Things to Consider - Market Risks: Copy trading is not completely free from market risks. - Fees and Commissions: Check the fee structures of the platforms. - Security: Investigate the security measures of the platform you use. Conclusion Copy trading is an effective method to gain experience and profit in the cryptocurrency market. Choosing the right platform, following successful investors, and paying attention to risk management are crucial. However, as with any investment, being cautious and informed is essential. Here's how it works: 1️⃣ You find a successful trader whose investment strategy aligns with your goals. 2️⃣ You connect your account to theirs through a Copy Trading platform like Binance. 3️⃣ Whenever the trader makes a trade, it's automatically replicated in your account proportionally. $BONK $FET
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