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Cryptobullmarket

Ethereum 1D Technical Analysis & Commentary - Ethereum is currently trading at 2614$ - Ethereum got exactly rejected from the same point of interest where it showed us a bearish rally from - Ethereum has the last FVG left around 2500-2550$ and once that is filled, I anticipate the huge demand side Imbalance to get filled. - We have a huge imbalance from 3600$ where we saw Ethereum flat falling from, that will soon be covered once we see a weekly close above 2800$ - Study Price Behaviour and Price Action as of now, for spot buyers ethereum under 2700$ is a gift and you shouldn't miss that - Spot Accumulation Zones: 2400-2580$ - Once ETH/BTC turns bullish you will see ETH and its whole ecosystem flying - Till then hold it and you will soon see this moving impulsively, always manage risk.
Long
by VKtradesimbalance
Impending Drop: USDT.D Faces Significant DeclineHi friends, If you observe the recent behavior of USDT dominance (USDT.D), it bounced back and touched 5%, but now it has clearly formed a double top pattern, which is a bearish sign. Additionally, the RSI is declining, supporting our bearish scenario. Whenever USDT.D falls, the crypto market tends to rise, and BTC often rallies. These two are inversely related. #USDT #CryptoMarket #Bitcoin #BTC #CryptoTrading #TechnicalAnalysis #DoubleTop #BearishPattern #RSI #CryptoNews #Cryptocurrency #TradingAnalysis #MarketTrends #InverseRelationship #CryptoInvesting
CRYPTOCAP:USDT.DLong
by crypto_vulture_signals
🚀🌕🔥 BNB Coin Moonshot Potential! 🚀🌕🔥Let's analyze the potential risk-to-reward scenario for BNB coin based on the information provided. The current setup suggests that once this month's candle closes above the long-term trend line support, it could trigger a significant bullish rally for BNB coin. This could potentially be the 3rd wave of BNB's upward trend, according to trend analysis. The first target mentioned is $2159 per BNB coin, and the second target is an impressive $20,000. If these targets are achieved, it would indeed represent a remarkable risk-to-reward ratio, potentially making it one of the biggest 📈💰 in the history of crypto trading. To manage the risk, you've mentioned setting the stop loss at this month's June 2023 candle closing price. This strategy allows you to limit potential losses while maximizing the chance of capitalizing on the anticipated upward move. Of course, it's important to note that cryptocurrency markets are highly volatile and subject to various factors, including market sentiment, regulatory changes, and technological developments. It's crucial to conduct thorough research and consider multiple perspectives before making any investment decisions. That being said, with the current bullish scenario, the potential for the 3rd wave, and the mentioned targets, BNB coin could be a potentially rewarding investment. 🚀💸 However, always remember to consult with a financial advisor or do your own research before making any investment decisions. Happy investing! 🌟🤑
Long
by vc_96