SFP analysis: Price is currently testing the support area a | Ilyas64184089 on Binance Square

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SFP analysis:
Price is currently testing the support area and needs to hold this level. You can open a long position at the support area with a tight stop loss.
Support Area: $0.4470-$0.4840
Resistance Area: $0.5870-$0.6040
$SFP 

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XTZ has broken the uptrend line, and the long position is currently showing a loss of about 5%. It's recommended to set a stop loss just below the $0.50 level and hold the position for now. We may see a retest of the trendline, at which point you can close the position at breakeven. #SwingTradingStrategy

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#BTC/USDT ANALYSIS Bitcoin is consolidating within a symmetrical triangle pattern on the daily timeframe. Currently, it is trading above the support trendline of the triangle, with the Ichimoku Cloud acting as a strong support, indicating underlying bullish strength. A decisive breakout above the triangle would confirm a bullish trend continuation, while a breakdown below the support trendline could signal a corrective move in the market. $BTC

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