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#BAKEUSDT has been trading within a descending channel on a daily timeframe. Throughout this formation, the price has consistently respected the trendlines. We anticipate a significant breakout due to the recent push received from a successful retest of the channel's lower support.
If #BAKE can break above the descending resistance, supported by the liquidity at $0.36, we could witness a strong bullish move. This breakout would signal a potential trend reversal and align with our bullish outlook.
Should the current resistance hold, we might see a retest of the support level at $0.1860. This could provide the necessary rally for a breakout. You need to watch for signs of strong buying interest at this level as an indicator of a potential upward move.
If both support levels fail, #BAKEUSDT could face increased bearish pressure, leading to further declines. In this scenario, monitoring lower support zones becomes crucial to gauge the extent of the downward move.
#Evolution4x
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$BTC is trading above Critical Resistance.
We can see new price movement this weekend!
#Evolution4x
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Bitcoin Fakeout Pattern Resurfaces!‼️
Is this the signal for another bull run?
History appears to be repeating itself with Bitcoin ($BTC) potentially experiencing another fakeout! Just like in 2016 and 2020, Bitcoin's price dipped below the trendline, only to climb back above it.
Here's the exciting part: Following these previous recoveries, Bitcoin went on significant bull runs! Could this be the start of another epic journey for BTC?
#Evolution4x
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#Bitcoin just took a 2% dip, now trading at $55,716. The 15-min chart shows a drop from $58,813, finding support at $53,486.
MACD and RSI indicate a potential upward momentum.
#Evolution4x
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Bitcoin in a Holding Pattern: Longest Consolidation Ever at Past Peak
Bitcoin has been hovering around its previous all-time high for a record 110 days now. This marks the longest period of consolidation ever observed at a prior cycle's peak.
#Evolution4x
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2 Done $Billio 1 Milly
https://dexscreener.com/solana/BNojPfwrPSPGupZU9uAxE6wHNcc2ajvbuKBt59YFpump
#Evolution4x
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Is Bitcoin Poised for a Breakout? ( $BTC Analysis)
Bitcoin (BTC) recently dipped after breaking below the ascending trendline.However, there's a positive sign! BTC is currently finding support at the crucial 100-day Moving Average (MA).If BTC can bounce off this level and break out of the triangle pattern, it could signal a bullish trend.
What to Watch For:
A break below the 100 MA could indicate further consolidation within the triangle or a potential downward movement.
Stay tuned for further updates!
#Bitcoin #Evolution4x
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⚡️⚡️#WIF/USDT⚡️⚡️
Signal Type: Long
Leverage: Cross 20x
Entry Targets: 2.582
Take-Profit Targets:
1) 2.600
2) 2.620
3) 2.645
4) 2.685
5) 2.730
6) 2.770
Stop-Loss: 2.5
#Evolution4x
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After the huge growth, #ERN is now correcting in a triangle pattern.
İt's getting good volume in the daily period, and if it can get out of the correction phase and break the resistance of the pattern, We can witness a good growth.
Now, the price has reached the support level of $3.36-$3.53 . If this level is broken during selling pressure, the price will have a significant decrease, and the next support area will be $2.0.
Members, the wait is over!
The Binance
MEGA HODL coin is #EPX/USDT
200% would be the Target🔥
1 Million active crypto traders are expected to participate in this Mega HODL.
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