#BTC: DOES THE DOWNTREND END HERE??

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Welcome to this BTC update. BTC is trading inside a broadening wedge pattern in the daily time frame and is currently hovering near the lower trendline of the wedge.

Every time the price tested the lower trendline, it formed a new lower low but, the first time, it made a Lower high, hinting at a possible shift in momentum. This could signal the end of the downtrend and the beginning of a new uptrend.

A potential bullish outcome includes a new all-time high by the end of the year.

Invalidation: Daily close below the previous lower low.

What are your thoughts on BTC's current price action? Share your analysis in the comments!

#btc #Write2Earn!

BRETT/USDT: ABOUT TO BREAK OUT! 150% MOVE EXPECTED!!

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BRETT looks good here. It tries to break out from the descending triangle in the daily time frame. A confirmed daily close above the triangle would lead to a 100-150% move to the upside.

Entry range:- $0.07-$0.08
Target:- 100-150%
SL:- $0.056

What are your thoughts on BRETT's current price action? Do you see a bullish pattern? Share your analysis in the comments below!

#brettusdt #BRETT #Token2049 #altsesaon

BCCOIN/USDT: Forming a bull flag-like structure here and currently, trading inside the flag. Buy some here and add more in the green box. Once it breaks out from the flag it will pump hard.

Entry range:- $0.6-$0.7
Target:- 400-500%
SL:- $0.58

#BCCOIN #bccointothemoon #Write2Earn! #crypto

BITCOIN VS U.S. DOLLAR! BULL RUN??

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Understanding the Inverse Correlation

As you correctly noted, Bitcoin (BTC) and the US Dollar Index (DXY) often exhibit an inverse relationship. When DXY weakens, BTC tends to appreciate, and vice versa.

Analyzing Recent Trends

DXY Breakdown: DXY is currently showing signs of a bearish breakdown from a symmetrical triangle on the weekly timeframe. This suggests potential further weakness in the US Dollar.

BTC Bull Flag: Bitcoin is forming a bullish flag pattern on the weekly timeframe, indicating potential upward momentum.
Potential Outlook

The combined analysis of both DXY and BTC suggests a favorable environment for Bitcoin. A breakout from the bullish flag, coupled with a weakening US Dollar, could lead to significant gains in the coming months.

What are your thoughts on BTC's and the U.S. Dollar Index's current price action? Do you see a bullish pattern in BTC? Share your analysis in the comments below!

#BTC☀ #DollarIndex #BullRunAhead #Write2Earn! #crypto

#BTCUSDT. Another Accurate Prediction✅: Price Reversal at $60.5k!

As anticipated, Bitcoin encountered resistance at the $60.5k level and experienced a price pullback. There's a possibility of a short-term correction towards the $57k-$58k range.

To resume the uptrend, Bitcoin needs to break above the $60.5k level decisively.

#BTC☀ #CRYPTO #Write2Earn!

Accurate Prediction: BTC Reaches $60k!

As anticipated, Bitcoin has successfully reached the $60k level. Well done to those who capitalized on this move!

Current Outlook: We're now facing resistance at $60.5k. Avoid impulsive buying (FOMO) and wait for a weekly close to assess the overall trend and determine the next potential direction!

#BTC☀ #crypto #Write2Earn!

ROSE/USDT: FALLING WEDGE BREAKOUT! 70% POTENTIAL PROFIT!!

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ROSE looks good here. It breaks out from the falling wedge-like structure in the daily time frame and is currently, retesting the wedge. Buy some here or you can long with low leverage.

Entry range:- $0.052-$0.055
Targets:- $0.066/$0.076/$0.086/$0.096
SL:- $0.0465
Lev:- Use low leverage (Max 5x)

What are your thoughts on ROSE's current price action? Do you see a bullish pattern? Share your analysis in the comments below!

#ROSE_USDT #crypto #Write2Earn!

ETHUSDT: Symmetrical Triangle Breakout Imminent?

ETHUSDT is currently forming a symmetrical triangle on the 4-hour timeframe. The direction of the subsequent move will depend on whether the price breaks out above or below the triangle.
Upward Breakout: A breakout above the triangle could lead to a rally towards $2600.
Downward Breakdown: A breakdown below the triangle might result in a pullback to the $2000 level.

Stay tuned for a clear breakout or breakdown to determine the next direction.

#ETH🔥🔥🔥🔥 #ETHUSDT. #Write2Earn! #crypto

VANRY/USDT: FALLING WEDGE BREAKOUT! READY FOR 150% PUMP!!

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VANRY looks good here. It breaks out from the falling wedge-like structure in the daily time frame and a retest is also done. Buy some here and add more in the dip.

Entry range:- $0.086-$0.096
Targets:- $0.115/$0.145/$0.187/$0.232
SL:- $0.067

What are your thoughts on VANRY's current price action? Do you see a bullish pattern? Share your analysis in the comments below!

#VANRYUSDT #VanryPump #AltSeasonComing #Write2Earn!

#DOGE is on the verge of falling wedge upside breakout
📉
Looks pretty solid here, Expecting an 80-100% bullish rally.

#doge⚡ #DOGEUSDT! #crypto
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#BTCUSDT: Potential Bullish Reversal: Hammer Candlestick Forms

A bullish hammer candlestick pattern has formed on the daily chart, suggesting a potential price reversal. A daily close above the $57.5k level could confirm this reversal and open the door for a move towards $60k🚀$BTC

RUNE/USDT: LOOKS READY FOR A 100% PUMP!!

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RUNE looks good here. Breaking out from the falling wedge pattern in a 12-hour time frame and currently retesting the wedge. Buy some here at this retest level and add more in the dip.

Targets:- $4.96/$7.22/$8.88
SL:- $3.18

What are your thoughts on RUNE's current price action? Do you see a bullish pattern? Share your analysis in the comments below!

#RUNEUSDT #AltSeasonOnTheWay #Write2Earn! #crypto

The US #CPI data will be released today at 12.30 PM UTC.

• Expectations: 2.6%
The market is currently predicting a 35% probability of a 50BPS rate cut.

➤ If CPI < 2.6%, it will be bullish, and 50BPS rate cut chances will go up.
➤ If CPI > 2.6%, a dump could happen, and 25BPS rate cut chances will go up.

#cpi #USCPI #BTC☀ #Write2Earn! #crypto

FTM/USDT: BULL FLAG BREAK OUT! READY FOR 250% PUMP!!

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FTM looks good here. Break out from the bull flag-like structure in the daily time frame and currently going for a retest. Accumulate it in the green zone.

Entry range:- $0.43-$0.48
Target:- 200-250%
SL:- $0.34

What are your thoughts on FTM's current price action? Do you see a bullish pattern? Share your analysis in the comments below!

#ftm #altseason #Write2Earn! #crypto

ICP/USDT: POTENTIAL FALLING WEDGE PATTERN!!

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ICP/USDT forms a falling wedge-like structure in the daily time frame. It breaks out from the wedge and is currently, going on for a retest. Accumulate it at the retest level.

Entry range:- $7.7-$8.1
Targets:- $10.6/$13.4/$16.8/$19.8
SL:- $6.26

What are your thoughts on ICP's current price action? Do you see a bullish pattern? Share your analysis in the comments below!

#icp #icpusdt #Write2Earn! #crypto

SUN/USDT: READY FOR A 100% MOVE!!

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SUN/USDT looks good here. It breaks out from the symmetrical triangle in a 4-hour time frame and is currently, being it. Buy some here and add more in the dip.

Entry range:- $0.025-$0.027
Target:- 80-100%
SL:- $0.024

What are your thoughts on SUN's current price action? Do you see a bullish pattern? Share your analysis in the comments below!

#Sunusdt #JustinSun #Tronmemecoins #Write2Earn! #crypto

Bitcoin Faces Hurdle at $57.2k

Bitcoin has shown resilience since forming a higher high, successfully bouncing from recent lows. However, resistance is currently at the $57.2k level.
A decisive break and close above $57.2k would signal further upside potential. Conversely, a rejection from this level could lead to a pullback towards the $53k-$54k support zone.

#btc #Write2Earn! #crypto

FET/USDT: LONG SCALP SETUP!!

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FET looks good here. It breaks out from the descending triangle and a retest is also done. Long some here and add more in the dip.

Entry range:- $1.12-$1.15
Targets:- $1.24/$1.31/$1.39/$1.51
SL:- $1.09
Lev:- Use low leverage (Max 5x)

What are your thoughts on FET's current price action? Do you see a bullish pattern? Share your analysis in the comments below!

#Fetch_ai #Write2Earn! #crypto

POPCAT/USDT: READY FOR A 100% PUMP!!

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POPCAT looks good here. It breaks out from the bull flag-like structure in a 4-hour time frame and a retest is also done. Buy some now and add more in the green box.

Entry range:- $0.51-$0.55
Target:- 80-100%
SL:- $0.47

What are your thoughts on POPCAT's current price action? Do you see a bullish pattern? Share your analysis in the comments below!

#POPCAT💰 #Write2Earn! #crypto

BITCOIN DOMINANCE UPDATE: WHEN ALTSEASON?

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Bitcoin Dominance is a key indicator for potential altcoin seasons. While there's been anticipation, the market hasn't shown significant changes yet. Let's analyze the Bitcoin Dominance chart for clues.

On the weekly timeframe, Bitcoin Dominance has formed a large rising wedge pattern and is approaching strong resistance. This level acted as support in 2019-2020 but has now turned into resistance.

We're currently in a potential "maximum pain zone." This period can present opportunities to accumulate promising altcoins for potential gains during the upcoming bull run.

Important to note: Accumulating now might involve short-term losses of 20-30% due to market manipulation. However, the potential for 20x-30x returns during the bull run makes this risk worthwhile for some.

Key Takeaway:

Seize the Opportunity: Start accumulating quality altcoins now to capitalize on the potential bull run.
Embrace Risk: Be prepared for short-term losses to reap long-term rewards.

Let's discuss it! What are your thoughts on Bitcoin Dominance and the potential for an altcoin season? Share your analysis in the comments below.

#bitcoindominance #altsesaon #Write2Earn! #crypto