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$BTC Market Trend: Consolidating, Awaiting Breakout Trade Signal (Long) Entry 1: $115,800 (Entry on consolidation) Entry 2: $116,000 (Entry on breakout above resistance) TP1: $117,000 TP2: $118,000 TP3: $120,000 TP4: $123,000 Stop-Loss: $112,500 Why This Trade? Bitcoin is currently in a consolidation phase with the Bollinger Bands contracting, which indicates a period of low volatility and often precedes a significant price breakout. The long-term trend remains positive, and the current consolidation may be a base for a continuation of the upward move. A breakout above the current resistance is needed to confirm a strong new uptrend. Support & Resistance Levels Support: $112,700 • $111,200 • $106,000 Resistance: $114,700 • $123,000 Market Update for BTC (BTC) The short-term trend for Bitcoin is currently mixed-to-negative following a breakdown from a short-term trend channel. However, the long-term trend remains positive, with a rising trend channel suggesting continued optimism among investors. Traders are waiting for a decisive move to determine the next trading opportunity. #BTC
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$ZEC Market Trend: Consolidating, Awaiting Breakout Trade Signal Entry 2 (Short): $41.63 (Breakdown below recent low) TP1 (Long): $43.00 TP2 (Long): $43.50 TP1 (Short): $41.00 TP2 (Short): $40.50 Stop-Loss (Short): $42.50 Why This Trade? ZEC is currently in a consolidation phase, with the price trading in a tight range around the middle Bollinger Band. The Bollinger Bands have contracted, indicating a period of low volatility and indecision. A clear directional signal has not emerged, so a breakout above the recent high or a breakdown below the recent low is needed to confirm the next move. Support & Resistance Levels Support: $42.05 • $41.63 • $41.00 Resistance: $42.46 • $43.00 • $43.50 Market Update for ZEC (ZEC) ZEC is in a holding pattern after a recent price rally. The overall market sentiment is currently neutral, with traders waiting for a clear breakout from the current range to establish a new trend. #ZEC
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$SIREN Market Trend: Bearish, Resuming Downtrend Trade Signal Entry 1 (Short): $0.09317 (Current zone - short on continuation) Entry 2 (Short): $0.09372 (Short on failed retest of middle band) TP1: $0.09208 TP2: $0.09100 TP3: $0.09000 TP4: $0.08900 Stop-Loss: $0.09400 (Above recent high) Why This Trade? SIREN is in a clear downtrend, with the price consistently trading below its middle Bollinger Band. The Bollinger Bands have expanded downwards, indicating strong bearish momentum. The recent price action shows a failed attempt to reverse, with the price now breaking below a key support level and heading towards the lower Bollinger Band. Support & Resistance Levels Support: $0.09208 • $0.09100 • $0.09000 Resistance: $0.09372 • $0.09536 • $0.09600 Market Update for SIREN (SIREN) SIREN is currently showing a strong bearish trend, with prices trading in a downward channel. The overall market sentiment for SIREN is bearish, and traders are looking for a continuation of this downward move. #SIREN
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$SKL Market Trend: Bearish, Consolidating Below Resistance Trade Signal Entry 1 (Short): $0.03262 (Current zone - short on continuation) Entry 2 (Short): $0.03347 (Short on failed retest of middle band) TP1: $0.03243 TP2: $0.03150 TP3: $0.03000 TP4: $0.02900 Stop-Loss: $0.03400 (Above recent high) Why This Trade? SKL has experienced a significant decline and is now consolidating. The price is currently trading below the middle Bollinger Band, which acts as a key resistance level for a bearish continuation. The overall chart pattern suggests that the recent upward momentum has faded, and a downward move is likely to continue after this period of consolidation. Support & Resistance Levels Support: $0.03243 • $0.03150 • $0.03000 Resistance: $0.03347 • $0.03450 • $0.03500 Market Update for SKL (SKL) SKL is currently showing strong bearish momentum, with prices trading in a consolidation range after a sharp drop. The overall market sentiment for SKL is bearish, and traders are looking for a break below the recent lows to confirm further downside. #SKL
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$API3 Market Trend: Bullish, Bouncing from Support Trade Signal Entry 1 (Long): $1.5609 (Current zone - for immediate continuation) Entry 2 (Long): $1.4785 (Long on pullback to the middle band) TP1: $1.5900 TP2: $1.6100 TP3: $1.6400 TP4: $1.6800 Stop-Loss: $1.5500 (Below recent low) Why This Trade? API3 has successfully broken above its middle Bollinger Band after a sharp decline, indicating a strong bullish reversal. The recent price action shows a sharp bounce from the lower band and a successful retest of the middle band, which confirms this level as key support. The overall chart pattern suggests a potential new uptrend is forming after a period of downward momentum. Support & Resistance Levels Support: $1.4785 • $1.4400 • $1.4044 Resistance: $1.5900 • $1.6100 • $1.6400 Market Update for API3 (API3) API3 is currently showing strong signs of a bullish reversal, with prices breaking out from a recent downtrend. The overall market sentiment for API3 is shifting to bullish, and traders are watching for a continuation of this upward move. #API3
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