Victoria's Crypto Academy
Market Technicianπ The Financial Industry is turning digital, don't you see? That'why I am in #Crypto.
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Trading pair: ATOM /USDT π
Entry zone: MARKET
Direction: SHORT
Take Profit: 6.83-6.74-6.57
π 218β€ 73π€£ 39π₯° 36π 20πΎ 15π₯ 12π 12π 10π«‘ 10π 9
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πͺ Will #SOL go to the bottom?
The second drawdown of the asset continues on Solana. Let's consider the situation on the timeframe of 1 day.
The decline started from the resistance level at ~$186 since May 21 and it is still continuingπ This is the second wave of decline after the fall in April.
Yesterday the price reached one of the support levels at the lows at ~$133. There was an attempt to break it, but it ended in a "false breakdown". A large shadow has formed on the candlestick and increased volume appears π It is also appearing a global double top pattern entry, which is bearish π»
At the moment, the coin is in a suspended state. It has already reached strong support levels, from which a reversal upward can start. At the same time there are few arguments for opening long positions π―
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π° Bitcoin showed a final zero dynamics. It remains approximately at the same values.
Earlier on the chart was relevant pattern "horizontal price channel", which by now has been broken downward. However, there is no downward impulse after the breakdown on the chart.
The price touched the support level of ~$65,150 and stopped at it. Now there is a very localized movement between this support and the ~$66,300 π―
In the absence of an impulse, the price goes into a very local sidewall. The situation becomes positive again for buyers π
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Which coin would you like me to analyze for you today ?Anonymous voting
- π° Bitcoin (#BTC)
- π° Ethereum (#ETH)
- π° Solana (#SOL)
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π½ #INJ may go lower
A rather negative picture is forming on the chart of Injective. Let's consider it on the 1-day timeframe.
After the decline in mid-April, the price has fallen into consolidation. It is taking place within the pattern "ascending price channel" π
Within this formation, the price has consolidated under the midline of the channel. There are chances that after that there will be a downward retracement of the trend that preceded the formation.
Here the transformation of the pattern "ascending price channel" into the pattern "bearish flag" π»can be completed.
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Good afternoon, my friends β€οΈ
I wish you wonderful Monday
Hope, your weekend was good and you are ready for productive week π
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βοΈ #ZKJ may plunge downward
Polyhedra Network may see a strong move on the chart. The coin looks dangerous to buy.
On the 4 hour chart timeframe, the price is moving above the ~$1.1 π―support level. You can see that the price is getting closer and closer to this level, as if pushing up against it.
In my experience, I can say that the clear bar at the support level is likely being held artificially via market makerβοΈ
On this token I expect a collapse in the very near future. Pay attention to the token π
π 341β€ 168π₯ 134π³ 38β‘ 24π 20π 18π₯° 16π 16
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Trading pair: STX/USDT π
Entry zone: 1.9423-1.9226
Direction: LONG
Take Profit: 1.9611-1.979
π₯ 370β€ 281π 230π 48π€£ 34π 30π₯° 28π 25π€ͺ 23π 21π― 21
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π° Bitcoin
Over the day, the price of the first cryptocurrency showed negative dynamics. Let's consider the timeframe of 4 hours.
On the chart there was a breakdown of the lower boundary of the pattern horizontal "price channel" π The price has gone under the support of ~$66,400.
There are chances that there was a "false breakdown" on the chart. However, it should be understood that so far there has been no return behind the level.
In the future I would observe the price. There are chances that things will go sideways in the near term. However, globally I am also positive π
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