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$BTC BTC 108,714.75 -0.6% BTCUSDT Perp 108,687.6 -0.67% The chart you've shared is a technical analysis of Bitcoin (BTC/USD) on a 2-hour timeframe. Here's a breakdown of the key elements and potential trade idea illustrated: Key Observations: 1. Resistance Zone (Gray Box): Price recently tested a resistance area around the $110,000–$111,000 range. This zone has previously acted as a strong supply area. 2. Rising Trendline (Black Line): A clear ascending trendline has been supporting the price since around June 6. Price appears to have broken below this trendline, suggesting a potential shift in momentum. 3. Support Levels: First Support: ~$106,935.29 Second Support / Target: ~$105,052.65 These are the likely take-profit zones for a short trade. 4. Take Profit Labels: There are two “TAKE PROFIT” labels: One near the breakout region (~$106,935) Another at the deeper support level (~$105,052) 5. Bearish Projection (Orange Arrow): Suggests a potential downward move after the trendline break. Indicates a retest and rejection of the broken trendline (classic breakdown confirmation). 6. Current Price: Around $110,034.79 at the time of the screenshot. --- Interpretation (Trade Setup): If shorting: Entry: After confirmed break and retest of the trendline or on a break below $109,000 (red line). Targets: $106,935 (partial TP), $105,052 (main TP). Stop-Loss: Likely above $110,500–$111,000 (resistance zone). Risk Note: This setup assumes a trendline break and bearish follow-through. If the price reclaims the trendline or breaks above $111,000, it invalidates the setup. --- Let me know if you want help formulating a trading plan or backtesting this setup. #BTCBreaks110K #BinanceHODLerRESOLV #CryptoRoundTableRemarks #Tradersleague #MarketRebound

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#TradingMistakes101 My First Mistake in Crypto: A $100 Lesson 💸📉 When I first started my crypto journey, I was excited, curious, and—let’s be honest—a little too confident. My first trade cost me $100. I didn’t understand market trends, didn’t use stop-loss, and chased the hype. 💥 It hurt at the time, but that $100 loss turned out to be the best investment in my education. Since then, I’ve learned to research, stay calm, and use tools like Binance’s tutorials and demo trading features. 📚🔍 If you're new to crypto, take it slow. Mistakes are part of the process, but the key is to learn and grow. Let your losses teach you, not defeat you. 💪 #TrumpTariffs #SouthKoreaCryptoPolicy BTC 107,437.15 +1.76%

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🚨 *XRP Coin (XRP) – June 9, 2025 Update* 📈🐂 — 💰 *Current Price*:2.25 *24h Change*: +1.81% *Market Cap*: ~131.87B *24h Volume*:2.79B --- 📈 *Price Predictions*: - *Short-Term*: 2.60 - *Mid-Term*:3.30 - *Long-Term*: 5–8 by year-end; some forecasts suggest up to 100 by 2026 — 🎯 *Trade Setup*: - *Entry Point*:2.10 – 2.24 - *Stop-Loss 1*:2.00 - *Stop-Loss 2*: 1.90 - *Take Profit 1*:2.60 - *Take Profit 2*: $3.30 --- 😨 *Fear & Greed Index*: 42 (Cautious Optimism) The market sentiment is leaning towards cautious optimism, indicating potential for growth but with underlying caution. --- 🧐 *Analysis*: XRP is gaining momentum due to ETF speculation, inclusion in the Nasdaq Crypto Index, and Ripple's global expansion, particularly in Japan. Analysts are optimistic, with some predicting significant price increases in the coming months. However, caution is advised as some analysts warn of potential bull traps . --- *Note: Always conduct your own research and consult with financial advisors before making investment decisions.* $XRP XRP 2.2599 +1.86% #CryptoCharts101 #TradingMistakes101

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