#BTC breaks out of another range after 9 weaks of consolidat | Irshad_rahim on Binance Square

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#BTC breaks out of another range after 9 weaks of consolidation nest resistance is near 60,000$BTC#Write2Earn
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#SpotVSFuturesStrategy Here's a simple spot or future trading strategy, Strategy: Trend Following with Moving Average Crossover and RSI Confirmation This strategy focuses on identifying and riding established trends while using confirmation signals to minimize false breakouts. * Identify Trend: Use the 50-period Simple Moving Average (SMA) and 200-period SMA on your chosen timeframe (e.g., 4-hour or daily). A bullish trend is indicated when the 50 SMA crosses above the 200 SMA (golden cross), and a bearish trend when the 50 SMA crosses below the 200 SMA (death cross). * Entry Signal: * Long (Spot Buy / Futures Long): Enter when the 50 SMA is above the 200 SMA, and price pulls back towards the 50 SMA, then bounces higher. Confirm with the Relative Strength Index (RSI) crossing above 50 (from below), indicating increasing bullish momentum. * Short (Spot Sell / Futures Short): Enter when the 50 SMA is below the 200 SMA, and price rallies towards the 50 SMA, then rejects it. Confirm with the RSI crossing below 50 (from above), indicating increasing bearish momentum. * Stop Loss: Place your stop-loss order just below the recent swing low for long positions, or just above the recent swing high for short positions. * Take Profit: Consider a 1.5x to 2x risk-to-reward ratio, or trail your stop loss once a significant profit is established to capture more of the trend. Alternatively, exit when the 50 SMA crosses back through the 200 SMA in the opposite direction, or when the RSI becomes overbought/oversold, indicating potential reversal. Risk Management: Always risk only a small percentage (e.g., 1-2%) of your total capital per trade. This strategy can be applied to various assets like cryptocurrencies, forex, or stocks in both spot and futures market #Write2Earn

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#MemecoinSentiment Dogecoin's short-term price is notoriously volatile, driven by social media trends, community sentiment, and Elon Musk's pronouncements. As of mid-July 2025, Dogecoin is facing some technical pressure, trading around $0.17-$0.20. Analysts suggest that a sustained move above $0.168 could signal a bullish reversal, potentially pushing DOGE towards the $0.18-$0.19 zone in the immediate future. However, if no significant catalyst emerges, it could remain in a tight range of $0.155-$0.165. While some anticipate a rebound later in 2025, technical signals remain mixed, and "whale buys" are being watched for potential shifts. Expect continued price fluctuations based on news and broader crypto market movements. $DOGE #Write2Earn

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#BinanceTurns8 BTC Next Move / Prediction (Short & Long Term): * Short-Term (Next few days/weeks): * Upward Bias: Likely to test $120,000 - $125,000. * Strong Momentum: Driven by high institutional demand and ETF inflows. * Possible Consolidation: May see brief pullbacks/stalls as it's currently overbought on some indicators. * Key Support: Around $112,000 - $114,000. * Mid-Term (End of 2025): * Bullish: Strong predictions for $140,000 - $250,000. * Drivers: Continued ETF growth, favorable regulations, increasing corporate adoption. * Long-Term (2026-2030+): * Very Bullish: Forecasts range widely, but many anticipate $200,000 to $500,000+ by 2030. * Key Factors: Halving events, global integration into financial systems, and its role as "digital gold." $BTC

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#BTCBreaksATH Bitcoin recently reached new all-time highs above $113,000, driven by strong buying pressure and positive institutional interest. Technical analysis suggests a bullish outlook, with support around $111,000 and potential resistance at $115,000. Some predictions indicate a potential increase of 3-5% next week, possibly reaching $116,000-$118,000. #Write2Earn

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