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😵 Short 🔴 : Impending BTCUSDT Price Correction: Target Set at $50K
Pair: #BTCUSDT
Interval: 1D
Date: 10/10/2024 12:52
Exchange: Binance

BTCUSDT is expected to experience a significant decline towards the target of 50K. A harmonic pattern near the 66,500 level has been identified, increasing the likelihood of a bearish movement. Profit-taking opportunities are being sought near key support levels at 59,500, 56,000, 53,800, and 50,250.

#BTCUSDT is tradable on Binance 🚀💰

#BTCUSDT | #Bitcoin | #Binance
🤩 Long 🟢 : Analysis: Potential 100x Bull Flag Formation in Chiliz (CHZ)
Pair: #CHZUSDT
Interval: 12D
Date: 09/10/2024 12:42
Exchange: Binance

The price action on the 12-day chart has seen a correction of over 60% since March. Several reasons exist for a long position, including resistance breakouts in price action and RSI, confirmation of support with a double bottom pattern, and a trend reversal marked by a higher high. A hook reversal pattern and bull flag formation also indicate positive momentum. Further correction is possible but not likely. The return potential for a long position this month is estimated at 80-100x with high risk.

#CHZUSDT is tradable on Binance 🚀💰

#CHZUSDT | #Chiliz | #Binance
🤩 Long 🟢 : Bitcoin Price Correction Followed by Upsurge Towards Trend Line
Pair: #BTCUSDT
Interval: 60
Date: 10/10/2024 12:43
Exchange: Binance

Bitcoin analytics were prepared, with the price reaching the trend line and rebounding to the resistance level, coinciding with the resistance zone. Trading within this range, the price broke the 63600 level, later dropping to the support level. A small correction is expected before moving towards the trend line. The goal is set at 63000 points.

#BTCUSDT is tradable on Binance 🚀💰

#BTCUSDT | #Bitcoin | #Binance
🤩 Long 🟢 : "Analysis of NEO Gas Surge: A 500% Increase"
Pair: #GASUSDT
Interval: 5D
Date: 10/10/2024 08:25
Exchange: Binance

The 5-day chart shows an 80% correction in price action since last November. A long trade is worth considering due to factors like price action and RSI resistance breakouts, trend reversal, support on past resistance, and bull flag confirmation. While further correction is possible, it is deemed unlikely. The trade type is at the discretion of the investor, with a potential return of 5x within the week.

#GASUSDT is tradable on Binance 🚀💰

#GASUSDT | #Gas | #Binance
😶 Neutral 🟡 : Key Technical Point on BTC/USDT 1-Day Chart
Pair: #BTCUSDT
Interval: 1D
Date: 10/10/2024 13:09
Exchange: Binance

Bitcoin is being traded within a descending channel, suggesting a bearish trend continuation unless a breakout occurs. A critical resistance range lies between $66,000 and $70,000. Breaking below the $50,000 support level on the lower trendline could trigger a substantial decline. The moving average, also acting as support and resistance, shows bearish sentiment as BTC trades below it. Market updates should guide trading strategies.

#BTCUSDT is tradable on Binance 🚀💰

#BTCUSDT | #Bitcoin | #Binance
😶 Neutral 🟡 : "Analysis of ETH/USDT Chart Reveals Descending Channel Pattern"
Pair: #ETHUSDT
Interval: 1D
Date: 10/10/2024 12:58
Exchange: Binance

ETH is currently trading within a descending channel, suggesting a short-term bearish trend. A bullish reversal may be indicated by a breakout above the upper trendline. The immediate support level is approximately $2,240, with a potential bounce if sustained. A critical resistance zone lies between $4,000 and $4,400, potentially leading to selling pressure. The 21-day SMA on the chart acts as dynamic resistance, with a clear breakout signaling bullish momentum. This analysis serves informational purposes only and does not constitute financial advice. Stay informed about market movements and adjust trading strategies accordingly.

#ETHUSDT is tradable on Binance 🚀💰

#ETHUSDT | #Ethereum | #Binance
🤩 Long 🟢 : "Analyzing the ETH/USDT Pair"
Pair: #ETHUSDT
Interval: 1D
Date: 10/10/2024 07:06
Exchange: Binance

Wave 4 of 3 has been completed, and a buy setup will be utilized for wave 5 of super wave 3. The loss limit should be included, along with a focus on capital management. The maximum risk allowed is 10% of the total capital.

#ETHUSDT is tradable on Binance 🚀💰

#ETHUSDT | #Ethereum | #Binance
🤩 Long 🟢 : Preparing for 2025: Mastering Ontology Gas Trading
Pair: #ONGBTC
Interval: 1W
Date: 10/10/2024 21:49
Exchange: Binance

A prediction can be made about the potential growth of ONGBTC, with the likelihood of a bullish wave emerging soon. The bottom of the pair was reached in June 2024, with a consistent upward trend in recent weeks. Anticipation of a resurgence similar to the 2021 bullish wave is building. Profit-taking strategies and entry points are crucial for success in this market.

#ONGBTC is tradable on Binance 🚀💰

#ONGBTC | #Ontology Gas | #Binance
🤩 Long 🟢 : Analyzing BakerySwap's 1,000%+ Growth Potential
Pair: #BAKEBTC
Interval: 1W
Date: 10/10/2024 22:15
Exchange: Binance

The chart is easily readable, with a notable bottom low in July 2023 leading to a 650% bullish wave. A potential 1,000% increase is indicated by established support levels in April, July, and September, showing higher lows compared to mid-2023. The current bullish trend suggests upcoming higher highs. The market is showing strength and readiness for a bullish wave.

#BAKEBTC is tradable on Binance 🚀💰

#BAKEBTC | #BAKE | #Binance
🤩 Long 🟢 : Bitcoin to USD Tether Trading Pair
Pair: #BTCUSDT
Interval: 240
Date: 11/10/2024 09:21
Exchange: Binance

Wave 2 of 3 is believed to have been completed and a purchase will be made for wave 3 of 3 based on this setup. Capital management should be followed, with the maximum risk set at 10% of the total capital.

#BTCUSDT is tradable on Binance 🚀💰

#BTCUSDT | #Bitcoin | #Binance