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what is this? can anyone explain ? #pi #PiCoreTeam #PiNetworkMainnet #picoin #PiNetwork
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$ETH Eth/USDT chart analysis: *ETH/USDT Chart Analysis ๐* *Key Observations ๐* - *Price*: $1,819.77, down -2.32% - *24h High/Low*: $1,957.00 / $1,781.53 - *EMA Levels*: - EMA(7): $1,856.37 (short-term resistance) - EMA(25): $1,979.59 (stronger resistance) - EMA(99): $2,493.51 (long-term bearish trend confirmed) - *Volume*: Increasing on red candles, indicating stronger selling pressure *Technical Indicators ๐* - *MACD, RSI, and KD*: Not fully visible, but trend suggests continued bearish momentum *Short-Term Prediction ๐ฎ* - *Bearish Scenario*: Failure to reclaim $1,856-$1,880 could lead to a retest of $1,750-$1,780 (previous low) or $1,636-$1,650 (next major support) - *Bullish Scenario*: Breakout above $1,880-$1,900 could signal a relief rally toward $1,950-$2,000 #ETH #Ethereumโ #BTC #bnb #solana
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$BTC Bitcoin (BTC) Technical Analysis ๐ *Current Price and Key Levels ๐* - *Current Price*: $85,670 - *24h High*: $86,136 - *24h Low*: $82,862 - *Major Support*: $82,862 - *Major Resistance*: $89,357 (EMA 99) *Technical Indicators ๐* - *EMA Trends*: - EMA(7): $84,603 (short-term momentum is slightly bullish) - EMA(25): $85,423 (crucial level near current price) - EMA(99): $89,357 (strong resistance level) - *Volume*: 24H volume shows decent liquidity, indicating potential for increased volatility *Price Action and Outlook ๐* - *Price Action*: BTC is recovering from a recent low of $76,606 - *Short-Term Outlook*: - *Bullish Scenario*: Hold above $85,423, test $87,500-$89,000 - *Bearish Scenario*: Fail to hold $85,423, drop toward $83,000-$82,000 #BTC #bitcoin #ETH #bnb #solana
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Claim it now!! Word of the day #WORDOFTHEDAYโ #wodl #wordoftheday
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Candlestick Charts ๐ *What are Candlestick Charts? ๐ค* Candlestick charts are a popular tool for analyzing price movements in trading. Each candlestick represents price action over a specific time period (e.g., 1 minute, 1 hour, 1 day). *Components of a Candlestick ๐* - *Body*: The area between the opening and closing price. - Green (or white) candles: Price closed higher than it opened ๐ - Red (or black) candles: Price closed lower than it opened ๐ - *Wicks (Shadows)*: The lines extending above and below the body, showing the highest and lowest prices during the period. *Common Candlestick Patterns ๐* 1. *Bullish Patterns* (indicate potential upward movement ๐) - Hammer - Bullish Engulfing - Morning Star 2. *Bearish Patterns* (indicate potential downward movement ๐) - Shooting Star - Bearish Engulfing - Evening Star 3. *Indecision Patterns* (signal uncertainty or reversal ๐ค) - Doji - Spinning Top #BinanceEarnYieldArena
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