BitBullMarkets

BitBullMarkets

🟢 #XLM #DoubleBottom #Long The chart shows a clear double bottom formation, a classic reversal pattern that often signals a potential bullish move. The neckline breakout gives a potential 9% upside to the target zone near $0.437390. Key reasons for this trade: Double Bottom Formation: This pattern is reliable and often results in bullish price action after the...

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Will be watching the next few 4h Candles for confirmation, however noticing 4h bullish div on RSI, so with increased volume could be a reversal, otherwise a great chance to grab KAS at 10c! Summary of Kaspa Signal Analysis: 1. Current Price and Monthly Chart - Kaspa is trading at $0.124. - Monthly chart shows consolidation with selling pressure, but...

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JASMY/USDT Long Opportunity: Targets $0.05–$0.10 🚀 The JASMY chart is showing a promising Elliott Wave structure, indicating a potential bullish impulse. Here's the breakdown: 📊 Current Setup: - The price is completing a wave (4) correction, with support holding near the golden Fibonacci retracement zone of wave (3). This aligns with 38.2% and 50% levels for...

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Should GALA succeed in surpassing the 0.049c mark on its third endeavor, accompanied by a significant support and resistance (SR) flip followed by a retest, it is reasonable to anticipate an ascent towards the 0.061c threshold. Conversely, if the third attempt to breach the local all-time high (ATH) proves futile, it is probable that the price will retreat towards...

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SEI has broken out and retested its previous resistance level of around $0.1048, and is now poised for further gains. If buyers can push the price above $0.1152, we could see an increase to the targets of $0.1479 to $0.1551. All of the moving averages on the 4-hour time frame are bullish, which supports the bullish outlook. Entry: $0.1152 Stop loss:...

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Approach the current SEI market situation with caution, as signs of potential manipulation have been observed. The crypto market, known for its volatility, can sometimes fall prey to large players looking to capitalize on market sentiment. SEI, like many other cryptocurrencies, is not immune to such market dynamics. Whales with significant holdings may use their...

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AVAX Analysis: The current position of AVAX finds itself deep within a crucial support level, precisely where we might anticipate a favorable price point. A key turning point could be on the horizon, as this area offers a potential starting point for a new upward movement. The $11.20 mark stands out as a vital support level for bullish traders, and losing this...

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XLM Analysis: Observing the current price pattern, we can see XLM is experiencing a squeeze within a defined triangle formation. The compression may signal an imminent directional move. Although the long-term prospects for XLM may not appear promising, there could be a short-term opportunity on the horizon. If we see a successful breakout to the upside of this...

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Solana (SOL) has recently exhibited strong bullish momentum with significant upside potential. Here's a comprehensive analysis recommending a long position, targeting an initial price jump to $25 with a critical resistance zone ahead. Technical Analysis: The current technical chart patterns highlight Solana's bullish trajectory. If SOL can break through its...

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Based on our latest analysis, should the retest of the current technical levels succeed, there is a significant potential for a robust upward movement in YGG. Investors are advised to closely monitor market conditions and conduct their own due diligence to align with their risk profile and investment objectives.

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According to technical analysis, the XRP cryptocurrency appears to be forming a megaphone trading pattern on its price chart. This pattern is characterized by a series of higher highs and lower lows, creating expanding trendlines that resemble the shape of a megaphone. It is important to note that this analysis is purely speculative and should not be considered as...

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If you're interested in the crypto market, you might have noticed the recent buzz around Wojak and Bitcoin. Wojak, a meme character, is gaining attention as traders are drawing a comparison between Wojak's chart and that of the famous meme coin, PEPE. The market is showing signs of a significant risk appetite, with everyone wanting to turn their meager investments...

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5 wave pullback completed, 200 MA Support Price on Golden Pocket Stoch RSI Bullish Divergence MACD Bullish Divergence NFA

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Possible quick 14% gains to be had short term on DCC with tight stop losses  Possibly will hit 5c for a retest then who knows... stop loss the trend is your friend!  Be tight with stop losses, and if BTC tanks, dump DCC. If you were to keep stop losses tight a 14% move seems likely depending on BTC of course. Not financial advice.

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NWE above the point of control of 0.071 and could go to 10c, or it will pull back to 6.6c to meet the 100 day moving average. Which kind of makes sense, however the news is good with the take over etc however people might realise they are just / 1300 for a new share, which may not bode well. Proceed with caution howver I think a new ATH of 10c is possible,...

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Rationale: Massive gain, should really go back to MA's. Lower timeframe BB width <= 0.02 which is usually a pump Looks like most people are shorting, so price will wipe them out then dump and people will pile in FOMO style if it pumps now... That's my theory!

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Potential "descending wedge" or "bull flag" on the 4h for Terra Luna Classic (USDT). Bullish divergence on the Stoch RSI + nearing oversold. Same on MACD 4h. Oversold on the daily Stoch RSI. Probably good to wait for price action above the upper bounds of the pattern. Manage your own risk appropriately (stop losses). If it breaks this suggested pattern and...

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Looks like a falling wedge on the LUNC Tether 4 hour chart on KUCOIN. Possible 50% move to the upside. Some studies suggest that a wedge pattern will breakout approx. two-thirds of the time.