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Aidin TA

Crypto analysis

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#AVAX in the weekly chart getting close to $12 resistance, however to turn bullish need to pass the $14.5 key point https://www.tradingview.com/x/KN8Ped85/
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#BTC in the weekly face one of its biggest resistances, $32k , if it can pass $32 k this time then $36.6 is not too far, however if it fails for the third time then the scenario of going back down to $18 k is very possible. https://www.tradingview.com/x/rZXr9Syo/
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#EGLD is in a falling wedge which is usually a bullish sign, however need to break out of the triangle, if that happens then in mid/short time will have some bullish move, however to turn fully bullish needs to go beyound $85 https://www.tradingview.com/x/1Zs10jOf/
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TradingView Chart

#GALA fall under the listing price in Binance, however it looks the sell pressure is dropped and if project team doesnt release more tokens then we should be close to the end of down side. if it breaks the triangle it will become bullish for short-mid term and if it goes above $0.05 it will be fully bullish https://www.tradingview.com/x/VJof85jG/
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Repost from Cointelegraph
🤔 Will Bitcoin print pre-halving "macro low?" $BTC price wiping out this month's gains has traders eyeing a swift drop from $27,000. 📉 Growing concerns surround Bitcoin’s performance, with some setting a $20,000 target, 🎯anticipating new macro lows, and awaiting Bitcoin to copy behavior from last cycle’s pre-halving year. 👀 👉🏼 Read More
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Repost from Cointelegraph
3 reasons why Ethereum price can't break $2K A bearish Ethereum fractal meets lower network activity as Ether's price struggles to break above $2,000. 👉🏻 Read More
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Repost from Cointelegraph
DeFi economic activity drops 15% in August: VanEck According to an analysis from investment manager firm VanEck, exchange volume across DeFi protocols declined to $52.8 billion in August, 15.5% lower than in July. 👉🏻 Read More
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#BTC very strong resistance in the weekly chart around $27.5 as you can see all EMA's are gathered in one place making that point a key trend change point. Price hit the region and fall from it very quickly yesterday and it might fall further, however if it can take over the $27.5 and stablish the price over it then it will work as a very strong support and most likely price will move towards $32 k and $36 k soon after. https://www.tradingview.com/x/O0z21m53/
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#BTC, monthly chart and the forming of EMA's are very clear about BTC price movements, I think at least one touch on $23,800 is very likely where the both fibo and EMA supports overlapped.
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As you can see my analysis was right and BTC price fall sharp after retesting the lost support
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