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Trisha Saha
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Trying To Clear Resistance ✍️
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Trisha Saha
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$BTC hits almost $100k, which is still just a small show! #Bitcoin has entered the Parabolic run phase with the weekly chart cup with handle formation neckline breakout and 2021 ATH breakout, but there will be more to come!
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📈LONG: $DOGE (1M) #DOGEUSDT | #DOGE | #Dogecoin Current Price $0.42 Market Cap $62.05B Change 1h +0.95% | 24h +0.00% Monthly Indicators: • RSI: 56 - Neutral 🟠 • MACD: 0.00 - Bullish 🟢 • EMA: 0.42 - Above 🟢 Analysis: Dogecoin is on a roll with a bullish breakout month on the chart. This rally hints at strong momentum, indicating a possible sustained rise. The technical setup suggests that if the momentum holds, we might see Dogecoin maintaining its positive trajectory in the upcoming months. Price Targets: Key targets to watch are around $0.65 and $1.00 as initial milestones. If the bullish momentum continues, further sights might be set on $1.66 and higher, potentially reaching towards $1.85. Keep an eye on the market dynamics for any shifts!
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📈LONG $KSM Technical Analysis for #KSM/USDT Pattern: Falling wedge indicates potential bullish breakout. Current Price: Consolidating near $39.00, around Fibonacci 0.618. Support Levels: $39.00, $35.00 (key rebound areas). Resistance Levels: $51.47, $59.27, $68.23 (targets). Bullish Scenario: Breakout above $41.00 targets $51.47 initially. Bearish Scenario: Rejection could lead to a drop toward $35.00. Volume: Watch for increased volume to confirm breakout. Short-term: Enter on breakout targeting $51.47. Long-term: Accumulate near $35.00 - $39.00 for potential rally. Note: Manage risks; not financial advice.
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BTCUSDT: Predicting Movements with Advanced Indicators - Bitcoin
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📈LONG $XRP Comprehensive Technical Analysis for #XRP/USDT Current Technical Overview The cryptocurrency XRP is displaying a descending channel pattern on the chart. It has recently bounced off the Fibonacci 0.618 level, indicating a potential bullish reversal. The current price at 1.3873 suggests the beginning of an upward breakout from the channel. Key Support and Resistance Levels: Support Levels: 1.2984 (Fibonacci 0.618 zone – a strong rebound area). 1.2500 (additional support at the lower boundary of the channel). Resistance Levels: 1.5967 (first target upon breaking out of the channel). 1.7677 (second target after breaching the first resistance). 1.9517 (final target based on the bullish scenario). Technical Indicators: Descending Channel: XRP is currently testing the upper boundary of the descending channel, signaling potential upward momentum. Fibonacci Levels: The bounce from the 0.618 Fibonacci retracement indicates strong buyer interest, often seen as a bullish reversal signal. Momentum Projection: If the price sustains above the 1.5967 resistance, it is likely to accelerate toward higher targets. Price Expectations: Bullish Scenario: A breakout above 1.5967 could see XRP rally toward 1.7677 and eventually test 1.9517. Bearish Scenario: If the price fails to break out, it could retest the support at 1.2984, with further downside limited to 1.2500.
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