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NaMu28
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Bullish
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The market is in correction, and I think we’ll see declines for a week. 🔻
It’s wise to have cash on hand to buy back positions. ✅
#MarketDownturn
#BTC
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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NaMu28
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Detailed Analysis of #Litecoin (LTC) 1. Current Market Status LTC Price: $89.98 (+4.75% in 24 hours) 📈 Technical Indicators: Most indicators suggest continued growth, but some (e.g., 200-day moving average) show possible weakness on longer timeframes 📊. 2. Trend Analysis Bullish Signals: LTC has solidified above key support levels (e.g., $82.74), signaling increased buying interest 🔥. Key Resistance Levels: $93.87, $100.76, $105.00. A breakout of these levels could confirm sustained growth 🚀. Volatility: Moderate at 7.78%, making the asset more predictable for traders 🔍. 3. Recommended Strategy Entry Position: Buy on a retest of the support at $82.74 or after breaking through $93.87 💵. Use RSI (currently 63.09, in the neutral zone) as confirmation 📉. Stop Loss: Below $82.74 or $78.50 (in case of sudden trend reversal) 🚫. Profit Targets (Take Profit): Short-term: $93.87. Medium-term: $100.76. Long-term: $105.00 or higher, depending on market dynamics 📅. #TradingStrategies
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🖊 **Crypto Market Update as of November 21, 2024 ( 📉 **Key Assets:** - **#BTC **: $97,014 (+4.1% in 24 hours) 🟢 - **#ETH **: $5,680 (+3.9% in 24 hours) 🟢 📊 **Indexes:** - **Fear & Greed Index**: 86 (Extreme Greed) 😱➡️🤑 - **Altseason Index**: 28 (Bitcoin Dominance) 🔵 - **BTC Dominance**: 60.3% ⚖️ 🚀 **Altcoins:** - Top Gainer: **#ALGO ** (+25% in 24 hours) 🚀 - Top Loser: **#PEPE ** (-10%) 🔻 ⚡ **News:** 1. **BTC Reserve Drops:** Bitcoin reserves on exchanges hit their lowest in 6 years, signaling reduced selling pressure 📉. 2. **Ethereum 2.0:** Successful rollout of the latest update enhances speed and reduces transaction costs ⚙️📈. 🌐 The market continues to grow, but risks remain high due to speculative demand and potential regulatory changes.
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#NEAR I’m taking the coin on spot as there was a beautiful test of the imbalance zone, followed by a reaction. 📈 On the pullback, I entered a position. I expect the price to continue its upward movement to the local high, where I’ve set my target. 🚀 My entry point is **5.400**. Target — **6.489**. 🎯 #MarketDownturn
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### 📉 Quick Market Update Everything is going according to plan: the price moved from the STB zone to reach a new ATH. 🔥 News about Trump’s reshuffles added fuel to the fire. #### Key Numbers: - **BTC**: $93,524 - **ETH**: $3,098 - **Fear Index**: 83 (Extreme Greed) 😱 - **Altseason Index**: 35 - **Long/Short Ratio**: 66/44 - **BTC Dominance**: 60.5% #### Highlights: - 🏆 **Top Gainer**: PPT (+41%) - 💔 **Biggest Loser**: NUTS (-35%) 💡 **Next Steps**: The local top was swept, and now we await confident consolidation above the ATH. Only then can the upward trend continue. 🚀📈
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### Two Coins That Could Multiply in Value Within 1-2 Months 📈 This is just **my personal opinion**, nothing more. Make sure to **think and evaluate on your own** before making any decisions. 💭✅ #MarketDownturn #APT/USDT
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