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$MOODENG D1 Bullish Idea. Bearish ABCD possible retracement towards 79% Fib level. Pattern invalidation if price goes below $0.06229. Recent EMA GX with strong bullish momentum, breaking out of the VAH and as far as the 62% key resistance trendline. Price has now seen a rejection at the 70.5% Fib level, but in my honest opinion, a breakout of the 79% Fib level is a high possibility especially if FOMO hits traders from seeing the +324.74% surge from 2 days ago. The Solana memecoin is definitely drawing attention now, but traders especially the retailers need to observe proper risk management when dealing with this right now as a huge FVG has been created also. Should price bounce to continue its bullish movement when it taps the flipped 62% key resistance trendline, a greedy target could be towards the 127% extended Fib level.
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$BNX D1 Bullish Idea. Earlier dip formed double bottom pattern, a potential reversal sign. The October 23 surge got rejected from the EMA21 breaking price down of the VAL, but currently anchored by the support zone and bounced off the left 79% Fib level of the wide uptrend. Reentry towards the VAL will increase the momentum to test the EMA9 again for a chance to curve up the EMAs for a potential GX. Important to observe price action if it breaks down $0.5042 as it will probably have market looming on a Bu-OB mitigation.
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$BTC M30 Bullish Idea. Bearish ABCD possible retracement towards 79% Fib level. Pattern invalidation if price goes below $65557. Above POC. M45 EMA still on a potential GX curve. 50% Fib level breakout would send market to test 62% level and VAH. Could still fall to the POC to retest if price sees a rejection at the current status of the chart.
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Total Crypto Market 24H Liquidation (10/26/2024, 09:34 AM UTC+10) 🔴LONGS: $346.91M 🟢SHORTS: $60.49M A total of 146,711 traders got liquidated, resulting in total liquidations amounting to $407.41M. Notably, the largest single liquidation order, valued at $3.59M, occurred on Binance for #BTC/USDT.
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$APE D1 Bullish Idea. Recent TRBO and successful retest played well with price seeing a surge of +105.04% in a span of 4 days. Based on the left Fib levels of the recent wide downtrend, the recent high got rejected within the golden zone, causing a -38.89% fall, but saw a bounce today. EMA9 played a good trampoline, but eyes still need to be keen on a potential reversal as price is currently approaching the right side 38% Fib level. Market is highly above its POC, and if 38% Fib level is broken, we can see a VAH and 50% Fib level breakout, leading to a potential continuation of the macro uptrend.
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