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Ashu Umar
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Mostly Coins are red today but
#MASK
are trying to touch it's high
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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List of 10 coins that are greenish in today bearish Market 1. #Mask : Low 1.8 and high 2.0 2. #AAVEUSDT : Low 239 and high 262 3.#paxg : Low: 3326 and high 3379 4.#syrup : Low:0.36 and high 0.40 5.#layer : Low:0.99 and high:0.12 6. Cookie: Low 0.27 and high 0.32 7. WCT: Low 0.56 and high 0.62 8.ARDR: Low 0.09 and high 0.13 9. STRAX: LOW 0.051 and high 0.056 10. OG: Low 5.1 and high 5.3 All the best for today trading DYOR
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Market is fully red today. #btc is continuously falling . What's the next support of #btc 105 or 98
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#gun Gun break the last resistance (0.05275) in 1h timeframe and now it's consolidating (0.053-0.052) What's the next movement of gun? If it touches the second last resistance that is 0.05518 or it will break down? Let's watch together. Stay update #gun
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Upcoming Market Situation of #eth Support Level: The low reached around $2,323.21 could act as a potential support level. If the price revisits this level and shows strong rejection (e.g., with long lower wicks on the candles and increased buying volume), it could present a buying opportunity. However, if this support is broken with significant volume, the price could decline further. Weakening Bearish Momentum (MACD): The shrinking histogram bars on the MACD suggest that the strength of the bearish momentum is decreasing. A bullish crossover of the MACD lines (DIF crossing above DEA) would be a more definitive buy signal, indicating a potential shift in trend. Break Above Short-Term Moving Averages: If the price manages to break above the 5-day moving average ($2,973.5321) with increasing volume, it could signal the beginning of a short-term recovery. A subsequent break above the 10-day moving average ($3,047.8845) would add further conviction to this potential uptrend. In summary, potential buy points for ETH based on the current market price could emerge if: The price shows a strong bounce back from the $2,323.21 support level with increased buying volume. The RSI turns upwards and breaks above 40, potentially showing a bullish divergence beforehand. The MACD lines experience a bullish crossover. The price breaks above the short-term moving averages (5-day and then 10-day) with strong volume.
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๐๐Potential Good Points for Buying #gun Coin ๐๐ Oversold Condition (RSI): The RSI is approaching oversold levels. A move into oversold territory (below 30) followed by a divergence (price makes a new low, but RSI makes a higher low) and then a move back above 30 could be a potential buy signal, indicating weakening selling pressure and a potential price reversal. However, the RSI can remain in oversold territory for an extended period during a strong downtrend, so this shouldn't be the only factor. Support Level: The recent low of $0.04892 could act as a short-term support level. If the price tests this level again and shows strong rejection (e.g., with long lower wicks on the candles and increasing volume on the bounce), it could be a potential buy point. However, if this support is broken with significant volume, the price could fall further. MACD Bullish Crossover: Keep an eye on the MACD indicator. If the DIF line crosses above the DEA line, it could signal a potential shift in momentum from bearish to bullish, which could be a favorable time to consider buying. Break Above Short-Term Moving Average: If the price manages to break above the 5-day moving average ($0.05211) with increasing volume, it could indicate the start of a short-term uptrend and a potential buying opportunity. A break above the 10-day moving average ($0.05465) would further strengthen this signal. In summary, based on the current market situation, potential buy points could emerge if we see: A strong bounce back from the $0.04892 support level with good volume. A bullish divergence on the RSI followed by a move back above 30. A bullish crossover on the MACD. A break above the short-term moving averages (5-day and 10-day) with increasing volume.
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