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Here is the update of BTC for Trading In Short term
Short term
Bitcoin has broken through the floor of a rising trend channel in the short term. This indicates a slower rising rate at first, or the start of a more horizontal development. The currency has broken up through resistance at points 93000. This predicts a further rise. RSI is above 70 after a good price increase the past weeks. The currency has strong positive momentum and further increase is indicated. However, particularly for big stocks, high RSI may be a sign that the stock is overbought and that there is a chance of a reaction downwards. The currency is overall assessed as technically positive for the short term.
Recommendation one to six weeks: Positive (Score: 88)
Bitcoin ($BTC )
Price: $93,860.55 USDPrice: 53.18 ETH1hr Change: 0.00%24hr Change: -1.13%7d Change: -0.06%Volume: $29,394,826,131.92Market Cap: $1,863,900,884,672.17Circulating Supply: 19,858,193.00Total Supply: 19,858,193.00
#BTC
#ShorTermInvesting
#BinanceSquare
Bitcoin has broken through the floor of a rising trend channel in the short term. This indicates a slower rising rate at first, or the start of a more horizontal development. The currency has broken up through resistance at points 93000. This predicts a further rise. RSI is above 70 after a good price increase the past weeks. The currency has strong positive momentum and further increase is indicated. However, particularly for big stocks, high RSI may be a sign that the stock is overbought and that there is a chance of a reaction downwards. The currency is overall assessed as technically positive for the short term.
Recommendation one to six weeks: Positive (Score: 88)
Bitcoin ($BTC )
Price: $93,860.55 USDPrice: 53.18 ETH1hr Change: 0.00%24hr Change: -1.13%7d Change: -0.06%Volume: $29,394,826,131.92Market Cap: $1,863,900,884,672.17Circulating Supply: 19,858,193.00Total Supply: 19,858,193.00
#BTC
#ShorTermInvesting
#BinanceSquare
🚨 Turn Losses into Gains: TRB's Smart Buying Opportunity!! 🚨
#TRB #LossRecovery
Tellor Tribute (TRB) Dip: A Buying Opportunity for Savvy Investors
The Tellor Tribute (TRB) token has experienced a significant dip in value, leaving some investors cautious. However, this downturn may present a lucrative opportunity for short-term buyers to acquire TRB tokens at a discounted price.
Market fluctuations are inherent to the cryptocurrency space, and Tellor Tribute (TRB) is no exception. The current dip can be attributed to various market and economic factors. Nevertheless, historical trends suggest that TRB has consistently demonstrated resilience and a strong potential for rebound.
$TRB
For short-term buyers, the dip presents an attractive entry point. By purchasing TRB tokens at the current lower price, investors can potentially reap significant gains when the market corrects and the token's value appreciates.
As with any investment, it's essential to conduct thorough research and consider individual risk tolerance. Nevertheless, for those willing to take calculated risks, the Tellor Tribute (TRB) dip may prove to be a lucrative opportunity.
Disclaimer: Investing in cryptocurrencies carries significant risks, including market volatility, regulatory uncertainty, and potential losses. Cryptocurrency markets can be highly unpredictable, and prices may fluctuate rapidly. Investors should never invest more than they can afford to lose and should carefully consider their financial situation, risk tolerance, and investment goals before making any investment decisions.
#ShorTermInvesting #BuyTheDip #Correction
Tellor Tribute (TRB) Dip: A Buying Opportunity for Savvy Investors
The Tellor Tribute (TRB) token has experienced a significant dip in value, leaving some investors cautious. However, this downturn may present a lucrative opportunity for short-term buyers to acquire TRB tokens at a discounted price.
Market fluctuations are inherent to the cryptocurrency space, and Tellor Tribute (TRB) is no exception. The current dip can be attributed to various market and economic factors. Nevertheless, historical trends suggest that TRB has consistently demonstrated resilience and a strong potential for rebound.
$TRB
For short-term buyers, the dip presents an attractive entry point. By purchasing TRB tokens at the current lower price, investors can potentially reap significant gains when the market corrects and the token's value appreciates.
As with any investment, it's essential to conduct thorough research and consider individual risk tolerance. Nevertheless, for those willing to take calculated risks, the Tellor Tribute (TRB) dip may prove to be a lucrative opportunity.
Disclaimer: Investing in cryptocurrencies carries significant risks, including market volatility, regulatory uncertainty, and potential losses. Cryptocurrency markets can be highly unpredictable, and prices may fluctuate rapidly. Investors should never invest more than they can afford to lose and should carefully consider their financial situation, risk tolerance, and investment goals before making any investment decisions.
#ShorTermInvesting #BuyTheDip #Correction
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