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Classic lifecycle of modern crypto investor π¨βπ¦½
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π14π€1
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Trader XO:
Total 2 - Everything is going according to plan. I'm favoring the upside, which is very promising for altcoins heading into Q3.
Any downside rotations will provide opportunities for further entries into positional plays with clear invalidation levels.
π The Stochastic RSI shows a bullish crossover, suggesting potential growth. Current price levels are testing resistance. Waiting for any dips could provide good entry points for further investment.
Total 2 - Everything is going according to plan. I'm favoring the upside, which is very promising for altcoins heading into Q3.
Any downside rotations will provide opportunities for further entries into positional plays with clear invalidation levels.
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π22π€3
Inverse Head & Shoulders
$86K incoming?
Watch for neckline break or rejection and possible retest and hold as support.
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π22π€2π₯1
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Crypto Scient:
With a bit more patience, we will see massive rallies on altcoins across the board.
We just did a bearish retest/flip of the 1W trend and got rejected from the 1D MSS level. We are now consolidating inside the falling wedge.
π Good technical analysis of the BTC dominance chart. I strongly recommend that all fans of technology and violas wait for a breakdown and look for entry points in a further retest.
With a bit more patience, we will see massive rallies on altcoins across the board.
We just did a bearish retest/flip of the 1W trend and got rejected from the 1D MSS level. We are now consolidating inside the falling wedge.
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π27π₯2
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π31π₯8
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This happens every time Powell shows himself on the scene π
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Crypto Quant:
Bitcoin demand growth conditions have continued to improve, a necessary condition for a sustainable price rally.
We see Bitcoin demand recovery amid:
1) Traders faster growth in the total balances of permanent holders and large investors.
2) $1B daily inflows of new large Bitcoin investors.
3) An increase in the purchase of Bitcoin from spot ETFs in the USA.
Traders faster growth in the total balances of permanent holders and large investors.
HODL demand is growing π€π πΌ
Source
Bitcoin demand growth conditions have continued to improve, a necessary condition for a sustainable price rally.
We see Bitcoin demand recovery amid:
1) Traders faster growth in the total balances of permanent holders and large investors.
2) $1B daily inflows of new large Bitcoin investors.
3) An increase in the purchase of Bitcoin from spot ETFs in the USA.
Traders faster growth in the total balances of permanent holders and large investors.
HODL demand is growing π€
Source
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Crypto Nova:
Bitcoin is still trading above both bullish key levels. Yesterday's $1,000-2,000 drop drop didn't change any of that. Although the current range isn't anything exciting in the market, the market remains bullish nonetheless.
π Small short-term corrections are typical for the market. Key levels have not been broken, so there is no reason to cancel the main bullish scenario.
We continue to monitor the movement of the first cryptocurrency.π
Bitcoin is still trading above both bullish key levels. Yesterday's $1,000-2,000 drop drop didn't change any of that. Although the current range isn't anything exciting in the market, the market remains bullish nonetheless.
We continue to monitor the movement of the first cryptocurrency.
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π64π₯19β€9
Nonetheless, it's important to note that the market was not bullish at that time. In the future, a potential rise in football token prices could be influenced by the overall craze for meme coins. If you are interested in profiting from meme coins, I highly recommend paying attention to the potential boom in football fan tokens. π₯
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π85π₯23β€16π€10
Crypto Jack
Crypto Nova: Bitcoin is still trading above both bullish key levels. Yesterday's $1,000-2,000 drop drop didn't change any of that. Although the current range isn't anything exciting in the market, the market remains bullish nonetheless. π Small short-termβ¦
We have reached the first level, which it is advisable to hold in order to continue the bullish scenario. We are actively monitoring current movements πΈ
Image credit: Crypto Nova
Image credit: Crypto Nova
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π123π21
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A bit of politics in meme tokens. After Joe Biden's withdrawal from the presidential race, "democratic tokens" have dropped out of the top 8 political coins. π½ π
However, over the past 24 hours, two new Kamala Harris meme wrappers have appeared that have a chance to gain hype in the future as the election race develops.
Maybe while there are still so few coins with the name Harris, it's worth creating your own?π€
However, over the past 24 hours, two new Kamala Harris meme wrappers have appeared that have a chance to gain hype in the future as the election race develops.
Maybe while there are still so few coins with the name Harris, it's worth creating your own?
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π255β€81π₯81π22