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This image illustrates the Strength of a Demand Zone using candlestick patterns. Here's what it means: --- Demand Zone A demand zone is a price area where buying interest is strong enough to push prices higher. --- Levels of Strength: 1. Weak Demand Zone Characteristics: Small candles, less bullish momentum after the zone. Price struggles to move up quickly. Fewer green candles after bounce. Interpretation: Avoid trading aggressively; low confidence in strong upward move. 2. Strong Demand Zone Characteristics: Clear bullish candles after the demand zone. A mix of red and green, but with a clear uptrend after bounce. Interpretation: Decent opportunity for a buy; shows buyers stepping in. 3. Stronger Demand Zone Characteristics: Multiple strong bullish candles immediately after the demand zone. Very little to no bearish candles after the bounce. Interpretation: Very high buying pressure; best scenario to buy. --- Trading Tip: The more aggressive the bounce from a demand zone, the stronger the buyers. Combine with volume and structure for confirmation.
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NEW : 🇵🇰 Pakistan allocated 2,000 megawatts of surplus electricity for #Bitcoin mining and AI centers....! $BTC
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🇵🇰 Pakistan allocated 2,000 megawatts of surplus electricity for #Bitcoin mining and AI centers. $BTC
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JUST IN : 💰 Daily active accounts on $BNB chain (BSC) has jumped from 1.19M on April 23 to 2.06M on May 22, a 73% increase in just one month.
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