$FXS presents a trading opportunity where we aim to profit from a short position following the breakdown of a rising wedge pattern. After the breakdown, we anticipate a retracement in price, providing a chance to capitalize on potential downward momentum. This strategy involves selling the asset as it breaks below the wedge, then buying back at a lower price during the retracement phase to secure gains. #FXS/USDT #Write2Earn #JUP #TrendingTopic
In $AVAX a bullish flag pattern is emerging, suggesting a potential upward continuation. As a swing trader targeting spot holdings, I'll wait for a proper retracement before entering. This strategic approach aims to capture the anticipated upward momentum while aligning with the objectives of spot trading in AVAX/USDT. #AVAX #AVAXUSDT🚀 #AVAXRisingHigh #Write2Earn
Observing $OP , it's forming a bear flag pattern, indicating a possible downward continuation. Planning to sell after a suitable retracement, I anticipate capitalizing on the downward momentum following the pattern's completion. This strategic move aims to optimize profit potential amidst the bearish sentiment in OP/USDT. #OPUSDT #Write2Earn #TrendingTopic #BTC🔥🔥
$NEAR has completed a breakdown from a bear flag pattern, signaling a potential reversal. I plan to enter after a retracement, capitalizing on the anticipated upward movement following the pattern completion. This strategic entry point aims to benefit from the potential bullish momentum in Near/USDT. #NEARProtocol #Nearusdt #Write2Earn #TrendingTopic #BTC!💰
Navigating $TIA Coin's Bearish Trend: Executing a Strategic Short Position Amidst the Breakdown of Rising Wedges. Initial Targets Set at 17.2, 15.6, 14.2, and 12.7 for Optimal Risk Management and Profit Potential. #TIAUSDT #TIA/USDT #BTCUSDT
$MASK takes center stage, crafting a narrative of uncertainty within the confines of a symmetrical and ascending triangle. As tension builds, the imminent breakdown or breakout of these geometric formations becomes the pivotal moment, dictating whether to embark on a bullish long or a strategic short, as traders brace for the unfolding saga in this cryptocurrency theater. #MASK/USDT #MASKUSDT #BTC
$INJ Coin shatters crucial support, signaling a bearish plunge amidst the breakdown of rising wedges. Seizing the moment, I confidently short the coin, navigating the intense volatility for potential profits in this riveting cryptocurrency spectacle. My first target is gonna 38$, 2nd 36$ and 3rd will be the support as 34$, placing SL above the 2nd resistance. #$INJ #$BTC
Bitcoin Dominance and Its Impact on Altcoins Bitcoin dominance refers to the percentage that measures Bitcoin’s share of the entire cryptocurrency market capitalization. It’s an important metric for understanding the overall health of the cryptocurrency market3. Bitcoin Dominance Increasing When Bitcoin dominance is on an uptrend, it’s generally a good time to be in Bitcoin. This is because an increase in Bitcoin dominance often leads to a decrease in the altcoin market. For example, Bitcoin sur