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🚨 #BTC/USDT ANALYSIS 🤔 Bitcoin has bounced from the support trendline of the rising wedge pattern. Currently, it is being rejected by the resistance trendline of the pattern. The MACD crossover is poised to turn bearish. A sustained breakdown of the rising wedge would confirm a bearish trend, whereas further consolidation within the triangle is also possible. On the other hand, if it breaks above the pattern's resistance trendline, the pattern will be invalidated. 🚨Stay tuned for new daily updates crypto market 💪🔥 . . and of course click "Follow" button 😉👌👍 🤜🤛 🦉 #ANALYSIS #Bitcoin $BTC
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🚨#BTC DOMINANCE ANALYSIS 🤔 #BTC.D has strongly rebounded from the support trendline of an ascending triangle, breaking through the triangle with significant volume. A successful retest above the triangle would indicate further upward movement for BTC.D. Conversely, failure to hold above the triangle might result in continued price movement within it. Both the 50MA and 100MA are showing bullish strength. It's noteworthy that BTC.D typically exhibits an inverse relationship with the altcoin market cap. #ANALYSIS
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UPDATE 📈 Over the years We have noticed most alt season started as follow: 1. BTC pumps first. 2. Doge coin pumps next. Leading indicator of Alt Season 3. ETH and LTC pumps next 4. Big marketcap tokens next . Usually top 20 on CMC 5. Then full blown Alt Season - where some coins go 1000x 100x gains are not made in a day it takes patience and if you really want to make money understand the market structure RELAX YOUR ALTS WILL PUMP TOO 🚀 #TrendingTopic #Altseason $BTC $DOGE $ETH
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🔥🔥🔥💪👇👇#candles #StrategicTrading $SXP
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🚨 #BTC/USDT ANALYSIS 🤔 Want to know newest daily market analysis? read my daily posts and click subscribe ☺ thank You At the end of this post you'll find small suprise. Catch your free BNB,be fast, gift is limited 💪 🤜🤛 Analysis from 25-07-2024 here 👇👇👇👇👇 Bitcoin is facing rejection from the resistance trendline of the descending triangle. It is currently trading above the horizontal demand zone of the triangle. The Ichimoku Cloud indicates bearish momentum, while the 200-day moving average provides support below the triangle. We need to wait for a confirmed breakout or breakdown to determine Bitcoin's next move. #btcupdates2024 #ANALYSIS $BTC
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