THETA/USDT is testing the lower border of the descending tri | Ilyas64184089 on Binance Square

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THETA/USDT is testing the lower border of the descending triangle on the weekly chart📈
$THETA 

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#BTC/USDT ANALYSIS Bitcoin is consolidating within a descending triangle pattern and is currently rebounding from the horizontal demand zone. The 100MA is acting as strong support, reflecting bullish strength, while the 50MA serves as a resistance barrier just above the current price. A breakout or breakdown from the pattern is needed to confirm the next directional move. Keep a close watch on this setup. $BTC

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The US just pulled back its warning against crypto in retirement accounts 🇺🇸 If you're not from the US — 401(k)s are how many Americans invest for retirement through their employers. These accounts get tax benefits and hold over $7 trillion in total. Until now, crypto was basically off-limits. The government told plan managers to avoid it unless they wanted trouble 😮 That’s now changed. The Department of Labor says it won’t interfere anymore. If a retirement plan wants to offer Bitcoin or other crypto, that’s their decision. It’s not a green light, but it removes a major blocker that’s been in place since 2022, when Biden was a president. 😉 This doesn’t mean Bitcoin will suddenly show up in everyone’s pension. But it clears space for large institutions to start taking it more seriously as a long-term asset. And that’s exactly where the real flows will come from, very bullish news IMO $BTC $BNB $SOL

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Do you remember that whale who opened the first $1 billion futures trade on a DEX? Well, he's washed out completely now 🫡 This guy started publicly trading a few months ago and made good profits — around $82.5 million in net profit at the ATH — but then slowly lost it all 😱 😐 First, he held onto his long position too long and got greedy. Then, he closed it and flipped in $1 billion short, losing a few million on that. Later, he decided to go long again and lost all his remaining profits. Now, he is down $2 million after being up $82.5 million on May 22, all this happened while BTC traded in a pretty tight range 🤦‍♂️ This is a good story for beginners to learn from: Never revenge trade. Learn to take profits and go out as a winner $BTC $ETH $XRP

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BABY analysis: Price is trading within a large symmetric triangle, and we are approaching the decision zone. The breakout of this triangle will determine the next move. Wait for a clear breakout on either side before opening new positions. $BABY

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Here's the Analysis of #REDNER : #RENDER reversed from the strong flip area around $4.90 - $5.20, with that price broke the trendline and showing the bearishness in price. Price is expected to reach the major support zone around $3.35 - $3.50 and $2.85 - $3.00. Potential buys can be taken into consideration for longs. $RENDER

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