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youhaveseenlol
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yes ulu are buddy🪨
crypto scanner
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I am a pioneer for past 4 years. I mined 3000+ Pi.
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youhaveseenlol
@crxplore
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they use it for trading sol and usdc bro...
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right in the face🤣🤣🤣
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once there was a ugly baricle
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feels like ChatGPT 🪨
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Let's analyze the SOL/USDC chart you provided and discuss some potential trading ideas. Technical Analysis * Price Action: The price is currently trading at $236.21, down 1.88% in the last 24 hours. The 24-hour high was $244.73, and the low was $234.21. * Volume: The 24-hour trading volume is 239,087.39 SOL and 57.28M USDC. * Moving Averages: The 21-period EMA is 236.02, and the 50-period EMA is 232.42. The price is currently trading above both EMAs. * MACD: The MACD line is below the signal line, indicating bearish momentum. * RSI: The RSI is currently at 49.81, suggesting that the market is oversold. Trading Ideas Based on the current technical analysis, here are a few potential trading ideas: 1. Short-Term Trade: * Entry: Sell at the current price of $236.21. * Stop-Loss: Place a stop-loss order above the recent high of $244.73 to limit potential losses. * Target: Set a target price at the 24-hour low of $234.21. Rationale: The price is currently trading below the 21-period EMA and the MACD is bearish. This suggests that the price may continue to decline in the short term. 2. Long-Term Trade: * Entry: Wait for a clear bullish signal, such as a breakout above the 50-period EMA. * Stop-Loss: Place a stop-loss order below the recent low of $234.21. * Target: Set a target price at the 24-hour high of $244.73. Rationale: The RSI is oversold, which suggests that the price may be due for a rebound. If the price breaks above the 50-period EMA, it could signal a bullish trend reversal. Important Considerations: * Risk Management: Always use appropriate risk management techniques, such as stop-loss orders, to limit potential losses. * Market Conditions: Keep in mind that market conditions can change rapidly. It is important to monitor the market closely and adjust your trading strategy as needed. * Fundamental Analysis: Consider fundamental factors, such as the overall market sentiment and the news surrounding the cryptocurrency market, when making trading decisions.
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