#US30 UPDATE : #US30 perfectly played with the drawn zone a | Ilyas64184089 på Binance Square

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#US30 UPDATE :
#US30 perfectly played with the drawn zone and strongly rejected the zone again approaching towards the All-Time Highs. Price flipped the resistance and now act as support and expected to move towards resistance, 41,600 area.

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#Bitcoin closed nearly a Engulfing on weekly TF, price touched the $60,000 and came rejection too. Price entered the Major Support Zone, and now holding too. Nearly a last structural support area, and high chances of the bounce from here.

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Bitcoin's Quick Overview After the Weekend As I warned you earlier, be cautious as descending resistance is on the way. As mentioned earlier, we got the rejection from the descending resistance, and Bitcoin couldn't hold the $60K strong support area. Now, according to the rules, we could see Bitcoin drop to the $54K - $55K area. But note one thing: in my opinion, Bitcoin will try to hit stop losses (as it does every time), but ultimately, it’s going to dump one last time before 18th. Rest we can expect market to start getting better by 18th September with expected fed rate cuts coming up.

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#BTC/USDT ANSLYSIS After a successful rebound from the horizontal demand zone of the descending triangle, the price is currently facing rejection at the resistance trendline of the triangle. Additionally, the Ichimoku Cloud is acting as a resistance above the price action. A downward movement is likely at this stage, but for confirmation, we need to wait for a decisive breakout or breakdown of the pattern. $BTC #dappOSTheFutureofIntents #GravityAlphaMainnet #AirdropGuide #CryptoTradingGuide #StartInvestingInCrypto #IntroToCopytrading #EarnFreeCrypto2024 #BinanceTurns7 #MarketDownturn #Write2Earn

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Here's the Analysis of #ALPACA : #ALPACA is been made a very clear break of the Falling Wedge Pattern and move straight towards the Major Resistance Area of $0.30 - $0.31. Ex[Expecting a drop towards the next strong support area around $0.13 and need to see some sort of reversal candlestick pattern for buys.

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