MicroStrategy CEO Michael Saylor announced that MicroStrateg

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MicroStrategy CEO Michael Saylor announced that MicroStrategy now holds nearly 1.1 million BTC, rivaling the amount held by Bitcoin founder Satoshi Nakamoto.

MicroStrategy CEO Michael Saylor announced that MicroStrategy now holds nearly 1.1 million BTC, rivaling the amount held by Bitcoin founder Satoshi Nakamoto.

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BTC.D Update: BTC.D testing mega support cluster. It’s very strong support zone,A severe crash will lead to a massive Alt Season. 50% is a huge turning point for all crypto globe. Breaking off 50% of BTC.D index is confirmation of upcoming alt season. NFA #Write2Earn!

#BTC.D (Bitcoin Dominance) 4H Update: As we have seen multiple times that 56% zone is a strong rejection zone for BTC.D. Price whenever reached this A-T Resistance Cluster we noted a severe rejection there. Now 56% is a strong Daily Resistance Area! Currently BTC.D is making a bounce from daily support (54%). In order for massive Alts season of crypto Globe , we have to break 50% level of This index. I m much confident that we will break 50% in September 2024. NFA

#DOGE Alert: #DOGE is very near to hit our first target. There will be little selling pressure in order to book profits. #DOGE has very bright prospects. DYOR.

I m facing some health issue ,will be Bach vey soon. #BTC is looking very bullish to me. Alts will join sooner than later! Keep building positions. I m here for tell real path for upcoming moves on #BTC. Keep pray for me !

SYMMETRICAL TRIANGLE EXPLANATION: Bullish or Bearish? DEFINITION: A symmetrical triangle in trading is a chart pattern formed by two converging trend lines, where the upper trend line is declining and the lower trend line is rising. This pattern indicates a period of consolidation and uncertainty in the market, as the price action is contracting into a smaller range. Here are some key points to consider when identifying a symmetrical triangle: 1. Formation: The pattern forms when the price action is bounded by two converging trend lines, with the upper trend line connecting a series of lower highs and the lower trend line connecting a series of higher lows. 2. Symmetry: The trend lines should be symmetrical, meaning that they converge at a similar angle. 3. Consolidation: The pattern indicates a period of consolidation, as the price action is contracting into a smaller range. 4. Breakout: The price action will eventually break out of the triangle, either to the upside or downside. 5. Target: The target for the breakout is typically the height of the triangle, measured from the breakout point. 6. Confirmation: Wait for a confirmation candle or a close above/below the trend line to enter a trade. 7. Stop loss: Set a stop loss at the opposite trend line or a recent swing high/low. Symmetrical triangles can be bullish or bearish, depending on the direction of the breakout. A bullish symmetrical triangle forms in an uptrend and breaks out to the upside, while a bearish symmetrical triangle forms in a downtrend and breaks out to the downside. EXAMPLE : Here is a simple illustration of a symmetrical triangle chart pattern: B / \ / \ / \ A-----/-------\-----C \ / \ / \ / D In this chart: - A is the starting point of the triangle - B is the first high - C is the breakout point - D is the first low The two converging trend lines (upper and lower) form the triangle shape, indicating a period of consolidation. The price action will eventually break out of the triangle, Bull or Bear