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theman07
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#BinanceWordOfTheDay #BinancePizzaVN 23 may 8 letter word of the day is
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time to take action BTC can pump agian at anytime
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ETH has once again fall down giving trader another chance to entry before it pump
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I'm watching the ETH/USDT (Ethereum to Tether) trading chart. Let’s break it down for detailed analysis and trading insights: --- 🔹 Market Overview Current Price: $2,666.64 Price Change (24h): +3.73% 24h High: $2,692.99 24h Low: $2,452.20 24h Volume: ETH: 1.23M ETH USDT: 3.18 Billion USDT 📈 This indicates strong upward momentum within the past 24 hours. --- 🔹 Candlestick Chart (1-Hour Interval) Timeframe: Each candlestick = 1 hour Recent Low: $2,452.20 Recent High: $2,692.99 Ethereum made a sharp recovery from the low of $2,452.20 and is currently consolidating just below the 24h high. --- 📊 Moving Averages (MA) MA(7) – Yellow: 2,658.12 → short-term trend MA(25) – Pink: 2,594.05 → medium-term trend MA(99) – Purple: 2,519.93 → long-term trend ✅ Price is above all MAs → strong bullish signal --- 🔹 Volume Analysis Big green bars show significant buying pressure after the dip. Recent volume has normalized but still reflects positive interest. --- 🔹 Performance Over Time (VOL Tab) 📌 Summary: Ethereum is showing strong short-term momentum, but still in recovery mode from long-term drawdown. --- 🔹 Order Book Snapshot Bid: $2,666.60 Ask: $2,666.61 → Tight spread = highly liquid Buy/Sell Sentiment: Buyers: 22.36% Sellers: 77.64% ⚠️ Currently, more sell-side pressure, despite the upward price. Could be due to profit-taking near resistance. --- 🔹 Technical Overview Trend: Uptrend on 1h timeframe Resistance: ~$2,693 (24h high) — a breakout here could push price toward $2,700+ Support Levels: $2,600 – psychological level $2,546 – recent price structure $2,520 – 99 MA, strong support
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let's look at the trading interface for the BTC/USDT trading pair (Bitcoin to Tether). Let’s break it down in detail: --- 🔹 Market Overview (Top Section) Trading Pair: BTC/USDT Current Price: $111,378.94 24h Change: +2.20% 24h High: $111,880.00 24h Low: $106,117.67 24h Volume: BTC Traded: 48,961.66 BTC USDT Volume: 5.37 Billion USDT This reflects a strong uptrend over the last 24 hours, suggesting active buying interest. --- 🔹 Candlestick Chart Analysis Interval: 1 hour (1h) – each candle represents one hour of trading. Recent Low: $106,100.01 Recent High: $111,880.00 (which is also the 24h high) 📈 Moving Averages (MA): MA(7) (Yellow): $111,058.36 – short-term trend MA(25) (Pink): $109,970.47 – medium-term trend MA(99) (Purple): $106,530.41 – long-term trend Since price is above all MAs, this indicates strong bullish momentum. --- 🔹 Volume Bars (Lower Graph) Green bars: Buy volume Red bars: Sell volume Significant green volume around the breakout near $106K confirms buying interest during the rally. 🧠 Interpretation: Strong short- and long-term performance. Momentum is sustained, and the rally is supported across multiple timeframes. --- 🔹 Order Book Snapshot Bid (Buy Price): $111,378.93 Ask (Sell Price): $111,378.94 Spread: $0.01 – extremely tight, showing high liquidity Buyer Dominance: 80.60% buyers vs. 19.40% sellers – heavily bullish sentiment Volume in Lot: 1.51602 BTC --- 🔹 Chart Patterns & Trade Signals Price pulled back slightly after touching the 111,880 resistance. Currently consolidating in a tight range near highs → potential bullish flag. If BTC breaks above 111,880 with volume, next resistance could be 112,500–115,000. If price fails to break and dips, support can be expected near 110,600 or 109,000 (marked by recent consolidation zones).
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