Bitcoin Dominance is about to fall. BULLISH FOR ALTCOINS! # | Arslan3606 on Binance Square

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Bullish

Bitcoin Dominance is about to fall.
BULLISH FOR ALTCOINS!
#altcoins 

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To determine the next target for the GTC/USDT coin in a bullish scenario, we need to analyze the provided chart and identify key levels of support and resistance. Chart Analysis: 1. *Current Price:* The current price is 0.300 USDT. 2. *Recent Trend:* The chart shows a significant drop in price from around 29.043 to 0.194, followed by a recovery to the current price of 0.300. 3. *Moving Averages (MAs):* - MA(7): 0.303 - MA(25): 0.835 - MA(99): Not available on the chart. Bullish Scenario: In a bullish scenario, the price is expected to rise. To identify potential targets, we need to look at the resistance levels. 1. *Resistance Levels:* The chart shows a significant resistance level around 0.311 (24h High). 2. *Potential Targets:* - The next target could be the recent high of 29.043, but this seems ambitious given the current price. - A more realistic target could be the nearest resistance level above the current price, which is around 0.311. Technical Indicators: 1. *Volume:* The volume is relatively high, indicating strong interest in the coin. 2. *MA(7) and MA(25):* The short-term MA(7) is below the longer-term MA(25), indicating a potential bearish trend. However, if the price continues to rise, it could eventually cross above MA(25), confirming a bullish trend. Conclusion: Based on the chart analysis, the next target for the GTC/USDT coin in a bullish scenario could be around 0.311, which is the recent 24-hour high. If the price continues to rise, it may face further resistance at higher levels, potentially around 29.043. However, reaching 29.043 seems challenging in the short term. Recommendation: To confirm the bullish trend, it's essential to monitor the price action and wait for a break above the 0.311 resistance level. Additionally, keeping an eye on the moving averages and volume can provide further insights into the coin's potential direction. #GTC @GTC $GTC

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*Price Movement:* The current price is 5.710, with a 6.59% increase. 2. *Chart Pattern:* The chart shows a candlestick pattern with a mix of green and red candles, indicating a volatile market. 3. *Moving Averages (MAs):* The MAs are plotted on the chart, with MA(7) at 5.355, MA(25) at 8.260, and MA(99) not visible. The short-term MA (MA(7)) is below the current price, indicating a potential bullish trend. 4. *Volume:* The trading volume is significant, with a 24-hour volume of 1.85M ICP and 10.20M USDT. #ICP @Boss_Ep $ICP

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The $PEPE frog is hopping toward a bright future. $PEPE @Pepecoin #PEPE‏ $PEPE

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New $PEPE ATH within the next two weeks? #PEPE‏ @Pepecoin $PEPE

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🔥 TODAY: BlackRock acquires 363 #Bitcoin and 9,251.59 $ETH Another major move as the asset management giant deepens its #crypto exposure. @Bitcoin Gurukul @Ethereum @Binance Square Official #BTC #ETH $BTC $ETH $BTC

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