The DOGE he is talking about is something else not coin | Experienced Trader on Binance Square

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The DOGE he is talking about is something else not coin

Hassan Raza lail

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Bullish

Can Its Bullish News for #DOGE ???

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Here is a visual representation of the short-term long strategy for ATOM/USDT, based on simulated price data: • Green Line: Suggested entry zone around $4.90 • Red Line: Recommended stop-loss at $4.65 • Orange Line: First target at $5.20 • Blue Line: Extended target at $5.50 • Dashed Lines: Represent the 50-period and 100-period moving averages, showing trend support This chart reflects a conservative risk-reward profile with upward potential supported by technical indicators.$ATOM

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• Support Zone: $90,000–$96,000 • Entry Zone: $102,000–$103,000 • Resistance Zone: $109,000–$111,000 • Target Zone: $114,000–$115,000 • Current Price: ~$104,513 (dashed line) $BTC

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As of February 19, 2025, Bitcoin (BTC) is trading at approximately $96,047. Current Market Overview: • Price Movement: Bitcoin has experienced a modest increase of 1.8% today, rebounding from a three-day decline and currently standing about 14% below its peak from the previous month. • Institutional Investment: MicroStrategy has announced plans to offer $2 billion in convertible notes to acquire additional Bitcoin, bringing its holdings to approximately 480,000 BTC. • Market Sentiment: Despite initial concerns over inflation and recent policy announcements, Bitcoin has shown resilience, with a weekly increase of 0.8%. Short-Term Strategy Considerations: 1. Technical Analysis: • Support and Resistance Levels: Monitor key support at $90,500 and resistance at $107,000. • Moving Averages: Bitcoin trading below its 50-day EMA may indicate short-term bearish trends. 2. Market Indicators: • Inflation Data: Upcoming U.S. CPI reports could influence Bitcoin’s price, with lower-than-expected inflation potentially leading to a relief rally. • Regulatory Developments: Stay informed about policy changes, especially with the new U.S. administration’s stance on cryptocurrencies. 3. Trading Strategies: • Day Trading: Utilize intraday volatility to capitalize on short-term price movements. • Scalping: Focus on small, frequent gains by exploiting minute price changes. • Risk Management: Implement stop-loss orders and diversify your portfolio to mitigate potential losses. Conclusion: Given the current market dynamics, a balanced approach combining technical analysis with awareness of macroeconomic indicators is advisable. Engaging in short-term trading strategies like day trading or scalping can be beneficial, provided robust risk management practices are in place. Always stay updated with market news and be prepared to adjust your strategy in response to evolving conditions.

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As of January 16, 2025, Cosmos (ATOM) is trading at $6.72. Technical indicators suggest a bearish outlook for ATOM in the short term. TradingView’s analysis rates ATOM/USDT as a “strong sell,” with both oscillators and moving averages supporting this sentiment. Similarly, Investing.com’s technical analysis aligns with a “strong sell” recommendation. Given these analyses, a short position may be considered. However, it’s crucial to conduct thorough research and assess your risk tolerance before making any trading decisions.$ATOM

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Here’s a simplified deep analysis of Bitcoin (BTC) paired with Tether (USDT) to help create a short-term trading strategy. 1. Current Market Snapshot • Price: $93,342 • Trend: Slight downtrend today (-0.51%). • Recent High/Low: • High: $95,889 • Low: $92,842 2. Key Levels (Support & Resistance) • Support Level: $92,000 – Price might bounce here if selling continues. • Resistance Level: $94,500 – Needs to break this to move higher. 3. Technical Indicators Analysis A. Moving Averages • Short-Term (20 EMA): At $93,200. Price is hovering around it, showing indecision. • Long-Term (50 EMA): At $91,800. Price is above this, indicating medium-term bullish momentum. B. Relative Strength Index (RSI) • Value: 48 (Neutral zone) • Not overbought (>70) or oversold (<30). • Wait for RSI to drop below 30 (buy signal) or rise above 70 (sell signal). C. Bollinger Bands • Current Status: Price is near the middle band. • If price touches the lower band (~$92,500), it might signal a buying opportunity. D. MACD (Moving Average Convergence Divergence) • Signal: Weak bearish crossover. • Indicates possible short-term selling pressure. 4. Market Sentiment • Neutral to Positive: • Bitcoin is stable with some minor selling pressure. • Sentiment may improve if BTC breaks above $94,500. 5. Short-Term Strategy Option 1: Conservative Buy 1. Wait for a pullback to $92,000–$92,500. 2. Buy if the price holds this level for 1–2 hours. 3. Stop-Loss: $91,500 (to minimize loss if trend reverses). 4. Take-Profit: $94,500 (resistance level). Option 2: Breakout Trade 1. Wait for price to close above $94,500 (resistance level). 2. Buy after confirming breakout. 3. Stop-Loss: $93,000 (below breakout point). 4. Take-Profit: $96,000 (next resistance level). Risk-Reward Management: • Risk no more than 1–2% of your capital. • Use trailing stop-loss to lock in profits.

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