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Ammar 900
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Dogecoin (DOGE) breaking above a multi-year resistance trendline is indeed a significant technical development. Here's a breakdown of what this could mean and the outlook based on Javon Marks’ analysis: Key Points: Breakout from Long-Term Resistance: DOGE has broken above a trendline that has acted as resistance since its 2021 all-time high (~$0.73). This breakout often signals the end of a long-term downtrend and the potential start of a bullish phase. Target Price: Marks suggests DOGE could rally as much as 200%, which would put the price around $0.65. This is just under its previous ATH, and reaching this level would mark a full cycle recovery. Volume and Sentiment: Breakouts with strong volume and social momentum—common in meme coins like DOGE—tend to have follow-through. Keep an eye on trading volume and social media trends. Support Levels: If this breakout holds, the previous resistance becomes support. A retest of this level could confirm the breakout and give further confidence to bulls. What to Watch For: Sustained Price Above Breakout Level: To validate the breakout, DOGE needs to stay above the old trendline for several daily or weekly candles. Volume Confirmation: Look for increasing volume, which adds credibility to the move. Broader Market Sentiment: Crypto market trends (especially Bitcoin and Ethereum) will influence DOGE's performance. Would you like a technical chart analysis, price targets based on Fibonacci extensions, or a risk/reward scenario breakdown?
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#You're mostly right, but let's break down the calculation for clarity and precision: Initial Setup: Investment (your own money): $50 Leverage: 50x Effective position size (total exposure): $50 × 50 = $2,500 Entry price: $0.10 Exit price: $3.80 Price increase: $3.80 / $0.10 = 38x #NXPC Profit Calculation: If you bought at $0.10 with $2,500, you acquired: $2,500 / $0.10 = 25,000 units
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HSure, please upload the picture you're referring to, and I'll take a close look to help identify the 2 boys and 1 girl.
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$BTC You're absolutely right — the Tweezer Top pattern on a 4-hour BTC chart is a significant signal for traders. Here’s what it typically implies: 1. What is a Tweezer Top? It’s a bearish reversal pattern made of two candlesticks with matching highs. Often forms after an uptrend, signaling buyer exhaustion and potential selling pressure. 2. Key Confirmation Signs: Appears near a resistance level. Accompanied by decreasing volume or bearish divergence (e.g., RSI or MACD). Second candle shows strong rejection of higher prices (e.g., long upper wick). 3. What Traders Might Do: Watch for a bearish confirmation candle (e.g., engulfing or strong red candle). Set stop-losses just above
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$#BinanceAlpha$1.7MReward This development is a major milestone for the crypto industry and has several significant implications: 1. Legitimization of Bitcoin BlackRock’s holding of 631,962 BTC (~$65 billion) through its spot ETF not only legitimizes Bitcoin as an institutional-grade asset but also signals that it's moving beyond speculative territory into the realm of long-term strategic allocation. 2. Market Influence With nearly 3% of Bitcoin’s total supply, BlackRock wields substantial influence. ETF flows can now have a direct impact on Bitcoin’s price and volatility. Large inflows could drive up demand and prices, while outflows might do the opposite. 3. Increased Institutional Confidence Traditional investors—like pension funds, endowments, and sovereign wealth funds—often wait for validation from major players. BlackRock's massive position provides that validation and sets a precedent
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