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Cold Blooded Charter
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I opened a short see my newest post
Lee134
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Its dipping now any idea will it ruse or no
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Cold Blooded Charter
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$DOGE weekly chart is totally BULLISH. If you cannot appreciate this, I cannot help you. 33.3cents is the obvious target and resistance area at the same time, but only a BREAKOUT above will unlock #DOGE hidden potential. This meme could have as many as 5 ETFs within a few months, so there is a lot to wait for and build hype around. Great on-chain metrics, pointing to institutional demand and decreasing reserves on exchanges. DAILY chart next๐๐ฝ
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$BTC dominance has had a text-book Bart Simpson's Topping Formation. Also remember that this is likely WAVE 4 corrective move down and we should have a WAVE 5 up, 58.60% is the key support, where the dominance could bounce up still. Caution is needed๐ฝ๐
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$TAO the DAILY chart doesn't look nearly as bad as the WEEKLY (1W analysis in my previous posts today), but not great either, at all. DOWNTREND continues after a triangle breakdown with a bearish retest, targetting crypto winter 2-digit prices๐ถโ๐ซ๏ธ. RSI momentum had a BEAR divergence, but a solid FALLING WEDGE pattern has formed with a bottom right at the WEEKLY horizontal support. This would be enough to get a nice relief rally at least to $350s, but we would definitely need the $BTC dominance BREAKOUT to continue lower. $TAO wants to recover, no doubt. It is gonna need help๐ฝ๐
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I dropped the $BTC dominance HOURLY chart 2 hours ago and it was showing signs of weakness so let's zoom out to see where we are on a larger timeframe, 4-HOUR. At 58.85% right now, which has been the most key SUPPORT/RESISTANCE level in the last 5 weeks. Rejected the priceaction 4 times before being finally flipped into support yesterday. That's why #Alts have been bleeding so badly. So, flipping this 58.85% level back into resistance would be great. And a retest from below. Really important moment that can set the tone for the whole weekend imo. ๐๐ฝ
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Main LIQUIDITY POOL at $2.44 on $ASTER I'm just saying. ๐ฝ๐
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