#US DOLLAR ANALYSIS
The US dollar got rejected from the horizontal resistance and has broken down through the trendline. Now it is retesting below it. The RSI is currently moving towards the oversold region.
MACD crossover indicates bearish momentum. A downward move is anticipated for the US dollar for as long as it continues to trade below the horizontal resistance.
The US dollar got rejected from the horizontal resistance and has broken down through the trendline. Now it is retesting below it. The RSI is currently moving towards the oversold region.
MACD crossover indicates bearish momentum. A downward move is anticipated for the US dollar for as long as it continues to trade below the horizontal resistance.
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📍#Bitcoin Update
🔺Some call it a double top , Others label it as distribution
🔺Some are anticipating a black swan event
🔺While others are eagerly waiting for the $12000 level
🔹Meanwhile,
🔺Bitcoin hit its bear market lows, price pumped and broke out of the downtrend.
🔺Price has been consolidating in a Range / Wedge for the past 210 days.
🔺A breakout will trigger the continuation of the Uptrend..
🔺Some call it a double top , Others label it as distribution
🔺Some are anticipating a black swan event
🔺While others are eagerly waiting for the $12000 level
🔹Meanwhile,
🔺Bitcoin hit its bear market lows, price pumped and broke out of the downtrend.
🔺Price has been consolidating in a Range / Wedge for the past 210 days.
🔺A breakout will trigger the continuation of the Uptrend..
Exactly 15 years ago on this day, Satoshi published the Bitcoin whitepaper, which proposed the idea of light nodes that can verify "alerts" for invalid blocks. This is essential to allowing blockchains to increase their block size without compromising end-user decentralization.
https://twitter.com/TamilBTC_/status/1719369421767196912
https://twitter.com/TamilBTC_/status/1719369421767196912
Educational Post
What Is Crypto Copy Trading?
Copy trading (a form of social trading) enables traders to replicate the trading activities of successful and seasoned investors. In essence, it allows novice traders to mirror the trades executed by professionals, leveraging the expertise and strategies of experienced market players. This innovative concept bridges the gap between the proficiency levels of traders, enabling novices to benefit from the market insights and decision-making capabilities of more skilled investors.
At its core, copy trading operates on a simple yet powerful principle: novice investors can choose to replicate the trading strategies of established traders, thereby gaining exposure to similar market positions and potential profits. This approach not only minimizes the risks associated with limited market knowledge but also serves as a valuable learning tool for investors aiming to gain a deeper understanding of market dynamics and trading techniques.
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What Is Crypto Copy Trading?
Copy trading (a form of social trading) enables traders to replicate the trading activities of successful and seasoned investors. In essence, it allows novice traders to mirror the trades executed by professionals, leveraging the expertise and strategies of experienced market players. This innovative concept bridges the gap between the proficiency levels of traders, enabling novices to benefit from the market insights and decision-making capabilities of more skilled investors.
At its core, copy trading operates on a simple yet powerful principle: novice investors can choose to replicate the trading strategies of established traders, thereby gaining exposure to similar market positions and potential profits. This approach not only minimizes the risks associated with limited market knowledge but also serves as a valuable learning tool for investors aiming to gain a deeper understanding of market dynamics and trading techniques.
Copytrade Platforms
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