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Wall Street Trader School

Systematic Trading, Market Reviews and Analysis, Crypto News, ICOs and Brokerage.

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I'm holding onto my #gems all of them Yes I'm -20-50% on some but I don't give a flying f*ck, I try to see it from a "outsider" perspective rather as a degen. I'm sure most teams hold back with alpha for more bullish times and they don't care if 4-5 degens complain, I don't either. Never forget not degens will pump your bags but retail and if something is worth the speculation it'll pump if you like it or not, it does matter if it's rekt chart-wise rn they'll buy it regardless and you'll bite your ass to have faded real bottoms on no-brainer bluechips. Reminds me of cardano that was sub 100m and went to 90b market cap lmao so keep fading everything because you haven't experienced a real bull market yet, I did, I also experienced a bear market or two. This is the time to accumulate, take opportunity and stick to a mfing plan. Good luck @TradingGainBot
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#NEAR has completed the modification stage. The trend is still upward. The price has broken the upward trend line and returned to the demand level of 4.9$-4.3$. It's expected this level will support the price this time and price retest the trend line. Everything depends on the general trend of the market. Altcoins follow the fluctuations of Bitcoin. Regarding this currency, it seems that the correction process is over, and the price can return to $8 . The current level should be maintained.
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🐢 Are meme tokens the hot topic in crypto for 2024? During the first half of 2024, meme tokens delivered returns of 1834%, while: β–ͺ️ RWA β€” 213% β–ͺ️ AI β€” 71.5% β–ͺ️ DePIN β€” 58.7% Currently, technologies are trailing behind shitcoins, but considering how many meme tokens turned out to be rug pulls and how many remain in the market, these numbers are perceived quite differently πŸ€” Meme coins in this context are like a casino, where you can potentially earn a lot, but at the same time, risk losing even more ☹️ But isn't it the risk that pleasantly warms the blood? πŸ˜‰πŸ”₯πŸ€ͺ
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Another Decline In BTC? If Bitcoin fails to climb above the $62,500 resistance zone, it could start another decline. Immediate support on the downside is near the $60,500 level. The first major support is $60,000. The next support is now forming near $59,500. Any more losses might send the price toward the $58,500 support zone in the near term.
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Looking at the CME Group futures market, open Interest has stabilized above $8B, after setting a new record high of $11.5B in March 2024. This may signal that an increasing number of traders from traditional markets are adopting a cash-and-carry-arbitrage strategy. This arbitrage involves a market-neutral position, coupling the purchase of a long spot position, and the sale (short) of a position in a futures contract of the same underlying asset which is trading at a premium.
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#Zcash has almost reached its historic bottom. The descending channel in which the price is still moving in that after more than 2 years. In the daily time frame, a downward channel has been formed since about 2 years ago, and the price is decreasing in this channel. Now, the price has decreased to the level of $17.50-$19.00 . Breaking the current level will push the price towards the bottom of the channel. Although the possibility of the price falling further is very low. The rise and recovery of the price from the current level is more likely.
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#US30 UPDATE : #US30 gave a breakout of the resistance and and did a successful retest and now ready to move up. Price also formed the resistance area, so it can rejected from there too. Take LTF conf. to getting into any side.
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Bitcoin Price Faces Resistance Bitcoin price extended losses below the $60,000 support zone. BTC even tested the $58,500 support zone, where the bulls emerged. A low was formed at $58,448 and the price is now correcting losses. There was a decent increase above the $60,000 level. The price climbed above the 50% Fib retracement level of the downward wave from the $64,460 swing high to the $58,448 low. It even moved above the $62,000 pivot level. However, Bitcoin price is still trading below $63,000 and the 100 hourly Simple moving average. The price seems to be facing a rejection zone near the $62,500 resistance, as discussed yesterday. There is also a key bearish trend line forming with resistance at $62,500 on the hourly chart of the BTC/USD pair. It is close to the 61.8% Fib retracement level of the downward wave from the $64,460 swing high to the $58,448 low.
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The price of #WOO moving in an ascending channel in the daily time frame. The price strongly reacts to the support and resistance of the channel, and now it has reached the bottom of the channel. It should be seen whether it will support the price this time or not. To continue the upward trend, the price must cross the dynamic resistance and return to the level of $0.3150-$0.3600 . A break and violation of the channel will cause the price to move towards the $0.1500 demand area.
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Joriy rejangiz faqat 5 ta kanal uchun analitika imkoniyatini beradi. Ko'proq olish uchun, iltimos, boshqa reja tanlang.