TradingForProfitPro

TradingForProfitPro

Cryptocurrency Hedera has shown tremendous growth during the rally earlier this year. And even when Bitcoin did its correction, this cryptocurrency was at its peak. Now, during the next exit of Bitcoin to the maximum, Hedera, on the contrary, accumulates the price near the support level. Also, now the price is under the trend resistance level and is preparing to...

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As I expected earlier, Bitcoin still reached the level of $25,000!!! And it's cool! Inflation figures in the US justified the forecast and the market showed good volatility this week. What can we expect next? Most likely, after such a growth, Bitcoin will go for a slight correction. But we must remember that we are still waiting for the speech of the head of the...

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Chainlink cryptocurrency was not able to show such high volatility as other altcoins showed. This is a rather heavy instrument and it does not always manage to accelerate like other altcoins. Nevertheless, it rose from the support level and showed growth. Now on the chart we see a rising flag pattern. Where we bounced off the trend support level. And most likely...

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Inflation indicators in the US showed a positive trend. As we can already see, Bitcoin managed to react to these data and made a strong impulse to the resistance level. I think that the upward trend will continue behind Bitcoinon, and other altcoins will follow. Including Atom! Which has already broken through the trend line of resistance. The Nasdaq Technology...

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TWT made a significant correction after its rise. And formed a support level at around 1.248! A falling wedge is now visible on the chart. And this is a potential bullish trend pattern. Now the price is near the trend resistance level, and even made a test breakout. Most likely TWT will exit this pattern and follow up. The nearest target that can be set is the...

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Bitcoin made its correction! This was basically to be expected. Because during the rally that began from the beginning of this year, this asset did not show any significant correction. With quite strong volatility. But this drawdown is more of a technical point. And in my opinion, Bitcoin will continue to grow. Correction occurred to the expected level. Now the...

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Shiba has shown pretty good volatility since the start of the bull cycle. Its maximum growth from the bottom mark was about 100%. Which is pretty good for a cryptocurrency of this level. Now this coin has gone to the correction. The chart has formed a falling wedge! After such a pattern, quotes usually resume their growth, and very often with increased volatility....

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On the hourly period of the candle, we can see areas of the chart that resemble a mirror image. If we pay attention to the previous movements before the first area, then this time we can count on increased volatility in the short term. Moreover, a rather strong support level has formed at the level around $22,500. From which, apparently, a reversal can be...

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The developer of the metaverse The Sandbox agreed to cooperate with the government of Saudi Arabia during the Leap Tech conference in Riyadh. Against the backdrop of this news, the token reacted with active growth. Sandbox is one of the most popular tokens associated with the metaverse. And given the interest in technology, it has a very large potential for...

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The EOS cryptocurrency, unlike other coins, has not shown such high volatility. But nevertheless showed growth since the beginning of this year. The chart shows a trend reversal. Now an ascending pattern has formed on the chart. And the price is in the range of the trend resistance level. If the positive growth dynamics of the cryptocurrency continues, and most...

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After the decision on the interest rate from the US Federal Reserve. The market showed good positive dynamics. Within a short period of time, Bitcoin rose by more than $1,000 and hit a new high at $24,250. Now we are seeing a correction. And this is quite logical, because the first cryptocurrency really shows overbought on different hourly periods. But most likely...

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The whole world was waiting for an interest rate decision from the Federal Reserve. As predicted earlier, the interest rate was raised by 25 basis points. And although immediately after the publication of the decision, Bitcoin reacted negatively, nevertheless, such an indicator should have a positive effect on the growth of the cryptocurrency. And although the...

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Solana is a cryptocurrency that during the rally at the beginning of the year was one of the most volatile coins. And showed growth of more than 200%. Ultimately, after such a pump, it would be very logical to make a correction, which is quite likely. But I do not think that this cryptocurrency will sink below $20. The most important event in the coming days, of...

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Tesla's shares are up 7% today in premarket trading. After Elon Musk made an encouraging forecast for next year. The decline in car prices revived the company's sales. The company's shares have been falling throughout the past year and this month touched the lows they were at back in August 2020. The company also stated that it is not going to sell its Bitcoins,...

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TWT after the rollercoaster has calmed down its volatility a bit. But now the rally of the entire cryptocurrency market has begun, and TWT may also follow this trend and begin to rise in its price. The chart also shows that this token has already formed its bottom. And now a divergent triangle is being formed, which can create increased volatility for this...

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Hi guys! I want to dedicate this trading idea to the global growth cycles of Bitcoin. Based on the Aligator indicator. We see that on the weekly time frame, this indicator clearly displayed a growing trend. It is also clear that after the global bearish trend, which lasted throughout the past year, the indicator makes an attempt to reverse. The chart also shows...

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The coming days will be decisive for Bitcoin! And determine its fate, at least until the Fed's meeting on February 1st. Now the largest technology companies are giving their reports, and the further trend of bitcoin will also depend on their performance. As for the Nasdaq technological index, it showed a breakout of the trend resistance level on a downtrend, and...

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Now comes the reporting period, which is very important for American indices. The Nasdaq index has broken through the trend resistance level! And this is a very important signal in order to consider long positions. The $12,100 level is psychological for this index. And its penetration will be a good argument for entering the market. In the coming days, the main US...