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Will $btc go 24k first and then 17K bottom formationHistorical analysis shows that , as and when we double top with low volume we fall bad See Iteration 1 and 2 we doubled top and fall bad This iteration is bit different , we are near double top, BUT we have a heavy volume candle , which was missing earlier Probably what I am looking at is 1- To remain bullish BTC has to break all the fuss with another volume candle 2- Hunt all SL 3- It should not keep marching below the resistance, if it does its a clear cut short trade till 16-17K(which we call a bottom) #3 will be invalidated - If #1 and #2 triggered. Satisfying #1,#2 means we have already bottomed one thing is confirmed we definately going to form extension layer till 23-25k where all will become fomo and start adding positions, that should be the trigger point for sell (only and only if #3 satisfied) Love BB
by CryptoTraderBB
BITCOIN - Be greedy when everyone is fearfullAll cryptos have crashed significantly like BTC, ETH, MANA etc. BTC has crashed almost 50% from its all-time high. 30500-31500 looks very good support for buying or averaging. Please understand that this is for long-term investment only. Cryptos might fall more but every big dip is a good opportunity. This is my personal view, do your own research as well and invest as per your risk appetite. DISCLAIMER: For education purpose only, do your own analysis or consult your financial advisor before taking position.
COINBASE:BTCUSDLong
by akash_the_BiGBuLL
1
BCCOIN Bullish Chart Analysis Major Moves Ahead for $BCCOIN! Crypto enthusiasts, keep an eye on $BCCOIN as it gears up for massive gains! ➡️ 150x potential with the upcoming Binance listing! ➡️ Recent 40% price surge with $80M trading volume! ➡️ 90% of the supply is being burned—creating massive scarcity! ➡️ $6M buyback and liquidity injection underway! The time to get in is now! Don't miss out on what could be the next big thing in crypto. #BCCOIN #CryptoTrading #CryptoPatel #BinanceListing
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by CryptoPatel
1
Immutable Price Soars by 18%: A Bullish Turn in Sight?Immutable Price Soars by 18%: A Bullish Turn in Sight? Immutable recorded an impressive 18% surge in its intraday value, eclipsing the performance of major cryptocurrencies like BTC, ETH, and SOL. Immutable (IMX) was exchanging hands near a critical zone, surpassing this threshold may ignite its trajectory, potentially ranking it among the top gainers in the forthcoming weeks. The broader cryptocurrency market's resurgence is being propelled by significant gains in major cryptocurrencies, including Bitcoin, Ethereum, and Solana. Bitcoin has soared by over 5% to breach the significant $65,000 mark, while Ethereum and Solana have increased by 3.5% and 8%, respectively. Moreover, Immutable has eclipsed the performance of the leading cryptocurrencies with an impressive surge of nearly 18%. It stands on the brink of further gains if it can break through a key resistance level. As the trading session progresses, this could potentially lead to more substantial returns for investors. Let's analyze taking into account all relevant factors to determine if Immutable will continue to be among the top-performing cryptocurrencies in the coming weeks. IMX Crypto: Price DAA Divergence Takes The Lead Recent data from app.santiment.net reveals a promising trend, with the price and Daily Active Addresses (DAA) divergence indicator displaying positive movements in recent sessions, hinting at a potential shift in the broader trend. The indicator has shifted from neutral to bullish, suggesting an optimistic change in the overall sentiment. Moreover, DAA represents the count of distinct crypto addresses engaging with a specific cryptocurrency each day, either through sending or receiving transactions. A positive divergence between the price and DAA typically indicates an impending bullish trend. Therefore, DAA serves as a crucial on-chain metric for gauging user engagement and network activity, playing a vital role in assessing the value of a cryptocurrency. A 50% Upswing in Sight for Immutable if It Clears This Crucial Level The IMX cryptocurrency was currently tracing a rising parallel channel pattern on the daily chart. Recently, the price rebounded from the channel's lower edge, climbing 18% in a single day, aiming for the channel's upper boundary. At the time of writing, IMX was hovering in a critical area, close to its previous resistance level, the 50-day Exponential Moving Average (EMA), and the channel's upper boundary. A push beyond this area could signal a shift to a bullish trend and mark the end of the current correction. the crypto could register a growth of over 50% on a sustained breakout of $2.5 level. This upward movement is supported by a notable increase in trading volume, which lends further credibility to the potential breakout. However, should the price begin to fall back, it might suggest the continuation of the correction phase. Conclusion. The crypto market has been recovering, led by Bitcoin, Ethereum, and Solana, with Bitcoin crossing $65,000. Immutable (IMX) outshines them with an 18% jump, nearing a key resistance. Furthermore, Data from app.santiment.net website delivered a bullish price DAA divergence indicating the improved sentiment from neutral to bullish. At the time of writing, IMX was trading near the 50-day EMA and a channel's upper limit. A breakthrough could signal a bullish shift, potentially leading to over 50% growth if it surpasses $2.5. The price rise has been supported by comparative rise in the volume, but a price rejection from the crucial zone could indicate an ongoing correction.
CRYPTO:IMXUSDLong
by Ritika_TCR
1
EDU/USDT Bullish Scenario Chart AnalysisEDU/USDT Chart Analysis: Long-Term Bullish Outlook! NYSE:EDU EDU/USDT chart is looking quite promising for a long-term run! I am currently seeing a pattern: Accumulation ➡️ Breakout ➡️ Fly ➡️ Resistance ➡️ Re-Accumulation ➡️ Pump Hard. This exciting scenario could unfold soon, so buckle up! At the moment, EDU is trading at a major resistance level of $0.80. If this resistance is broken, we can expect a massive upward rally. However, if it retests from here, the price could enter a Re-Accumulation Range, presenting a fantastic entry point for those looking to hop on the EDU train. In the near future, we're anticipating a $1.40 target, and we're bullish on EDU in the long term. With the potential to soar above $5
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by CryptoPatel
ASTRADAO/USDT 10x-50x Potential As per Chart and Project#ASTRADAO 10x-50x Potential Project I am Expecting ASTRA DAO will be next Gem in Bull Market. Trying to add very Small Quantity. Accumulation zone: $0.000000070-$0.000000095 Try to Add in Dip when Market Dump. ASTRA DAO: Astra DAO is a decentralized crypto asset allocator on Ethereum, offering convenient investment strategies and products/indices. The native MYX:ASTRA token provides access to utilities, rewards, development funding, treasury reserve, voting, and staking benefits. Note: DYOR Before Investing. Do you Own Research before investing in any Coins or Tokens.
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by CryptoPatel