Things don't look so good for long term investment on #GMT at the moment. โ ๏ธ
However; we CAN trade this coin on wave (f) on this diametric pattern for some short term gains before price reaches the end of wave (g) for some big investment. ๐ก#Write2Earn $GMT
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Seems #MINA Protocol is also ready to kick start a nice recovery move. Now the question is whether it CAN go right from here or needs another round of correction? โ๏ธ
Given the current momentum of the market and the hype around it, the our money is on the first scenario. โก๏ธ
If market shows signs of correction, we will update this analysis and opt for the second approach. โ ๏ธ
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๐ต As you see guys these analysists are priceless. Three Targets of this analysis was done with more than โ223% profit and Now another correction is here. Our new Buy Zone for this one is around 0.0126 - 0.0188$ So keep watching ๐ฅ
๐ผDirection: #LONG
โก๏ธEntry Area 1 :ย 0.0168 - 0.014 $ โ๏ธ โก๏ธEntry Area 2 :ย Below 0.01 $ โ๏ธ
๐ IOTX made a nice move from our previous analysis and touched two targets with more than โ100% spot profit. Now it has dropped and we can expect the price to get down to Second Entry, so the previous setups is still valid only with Second Entry at hand :
๐ผ Direction: #LONG
โก๏ธ Entry Area 1: 0.033 $ โ๏ธ โก๏ธ Entry Area 2: 0.025 $ โ (Still valid for Entry)
#BTCUSDTย 2 HOURS CHARTANALYSIS & ROADMAPโโโโโโโโโ๐ Okay guys it's time to review our Bitcoin chart and update our Roadmap. 1. We told you it's better to be on the Buy Side of the market in this range and market actually jumped into the Resistance Area despite not giving us the Best Buy Zone.2. Here we have reached Major Resistance Zone but we still don't have any divergence or weakness so it is possible for us to see another leg up to 66 - 67500$ before seeing Retracement so keep this in mind. And here is a possible Roadmap for continuation of this Trend. And we have a possible Turning point in market around 28 August. Let's see how it goes. $BTC
๐ฃSo many of you guys might be afraid of the probable Wave (C) you have seen in our analysts but the truth is, the Fear is approaching its climax for most of the Altcoins and probably we are getting close to the turning points.
๐ขPrice Perspective: Two important Zone for End of Wave C is around 0.82 $ and around 0.52$ which you can plan for DCA entry accordingly.
๐ขTime Perspective: We have an absolute minimum Time for end of Wave C which is Oct 2024, which I don't think it can be the end of this correction. The Normal Time zone is around Apr 2025 which sounds more reasonable. (Of course these are not exact time zones just some boundaries for Wave C) $SNX appreciate your reactions and tips for all hard work and research
๐ฃCVC looks bearish and current support which has held the price for more than two years is weak and we can expect that it breaks. In that case, the Gray Zone is where we will look for Buy back this coin.
During such a fall the market: 1. Buy alts 2. If there is nothing cash to buy, do not rush to sell, wait out your drawdown, everything will be fine in the fall, only 2-3 months. Alts have fallen - (like #NOT), many have failed to meet expectations, but don't rush to conclusions, they have fallen because Bitcoin has been dumped. Look for opportunities to buy while there are such discounts. #MarketDownturn
$BTC BTC update BTC Dominance Currently Getting Rejection From The Resistance Area.Looks Like We Will See More Downfall In It. However We All Know The If BTC Dominance Dumps : ALTS Pumps ๐
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