#gun Gun break the last resistance (0.05275) in 1h timefram | Ashu Umar on Binance Square

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#gun Gun break the last resistance (0.05275) in 1h timeframe and now it's consolidating (0.053-0.052)
What's the next movement of gun?
If it touches the second last resistance that is 0.05518  or it will break down?
Let's watch together.
Stay update
#gun 

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GUN

0.05153

+0.13%

477

0

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Upcoming Market Situation of #eth Support Level: The low reached around $2,323.21 could act as a potential support level. If the price revisits this level and shows strong rejection (e.g., with long lower wicks on the candles and increased buying volume), it could present a buying opportunity. However, if this support is broken with significant volume, the price could decline further. Weakening Bearish Momentum (MACD): The shrinking histogram bars on the MACD suggest that the strength of the bearish momentum is decreasing. A bullish crossover of the MACD lines (DIF crossing above DEA) would be a more definitive buy signal, indicating a potential shift in trend. Break Above Short-Term Moving Averages: If the price manages to break above the 5-day moving average ($2,973.5321) with increasing volume, it could signal the beginning of a short-term recovery. A subsequent break above the 10-day moving average ($3,047.8845) would add further conviction to this potential uptrend. In summary, potential buy points for ETH based on the current market price could emerge if: The price shows a strong bounce back from the $2,323.21 support level with increased buying volume. The RSI turns upwards and breaks above 40, potentially showing a bullish divergence beforehand. The MACD lines experience a bullish crossover. The price breaks above the short-term moving averages (5-day and then 10-day) with strong volume.

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🎇🎇Potential Good Points for Buying #gun Coin 🎇🎇 Oversold Condition (RSI): The RSI is approaching oversold levels. A move into oversold territory (below 30) followed by a divergence (price makes a new low, but RSI makes a higher low) and then a move back above 30 could be a potential buy signal, indicating weakening selling pressure and a potential price reversal. However, the RSI can remain in oversold territory for an extended period during a strong downtrend, so this shouldn't be the only factor. Support Level: The recent low of $0.04892 could act as a short-term support level. If the price tests this level again and shows strong rejection (e.g., with long lower wicks on the candles and increasing volume on the bounce), it could be a potential buy point. However, if this support is broken with significant volume, the price could fall further. MACD Bullish Crossover: Keep an eye on the MACD indicator. If the DIF line crosses above the DEA line, it could signal a potential shift in momentum from bearish to bullish, which could be a favorable time to consider buying. Break Above Short-Term Moving Average: If the price manages to break above the 5-day moving average ($0.05211) with increasing volume, it could indicate the start of a short-term uptrend and a potential buying opportunity. A break above the 10-day moving average ($0.05465) would further strengthen this signal. In summary, based on the current market situation, potential buy points could emerge if we see: A strong bounce back from the $0.04892 support level with good volume. A bullish divergence on the RSI followed by a move back above 30. A bullish crossover on the MACD. A break above the short-term moving averages (5-day and 10-day) with increasing volume.

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#btc next movement 🚨🚨 Up, Down, or More Consolidation: Given the current consolidation and the identified support and resistance levels, here are the potential scenarios for Bitcoin in the next 2-3 days: Upward Breakout: If Bitcoin can break decisively above the $104,550 resistance with strong buying volume, we could see a move towards the $105,000 - $105,800 range and potentially higher. Positive market sentiment or a significant catalyst could trigger this. Downward Breakout: If the price breaks below the $102,600 support level and selling pressure increases, we might see a test of the $102,000 - $102,500 support zone. A break below this could lead to further downside towards the $100,000 mark. Negative news or a broader market correction could fuel this scenario. Continued Consolidation: It's also possible that Bitcoin continues to trade within the range defined by the immediate support and resistance ($102,600 - $104,550) for a while longer. This would indicate continued indecision in the market as buyers and sellers remain in equilibrium in this short timeframe. Key Points to Watch: Volume: Pay close attention to the trading volume during any breakout attempt. Higher volume adds strength to the move. Market Sentiment: Overall cryptocurrency market sentiment and any significant news events will heavily influence Bitcoin's price action. It is not financial advice, and cryptocurrency trading involves substantial risk. Always conduct your own research before making any trading decisions.

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🎇 Ethereum Current Market Situation The price #eth seems to have bounced off a low of 2,452.60, which could act as a temporary support level. Not Oversold:The RSI is below 50 but not yet in oversold territory, suggesting there might be more room for the price to fall or consolidate before a potential upward move. Trading Volume: The volume bars might give clues about the strength of the recent selling pressure. In simple terms, the chart shows that the price of Ethereum has gone down recently and is currently around $2,483. It looks like it might have found some temporary support around $2,452, but the overall trend seems to be downwards. keep looking eyes on this hot coin #eth

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✋Scam Alert✋ A scam is happening in New Hampshire where fake callers pretend to be from the State Treasury. They claim the person's identity is stolen and ask them to send money via Bitcoin. But this is a trick! The real Treasury never asks for Bitcoin payments. The New Hampshire Treasury is warning people to be careful and report any such incidents. This warning comes after New Hampshire recently passed a law to invest some state funds in Bitcoin. The state wants people to be aware of these scams and take steps to protect themselves.

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