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How many
$BTC
do you need for retirement?🤔
10 Bitcoin
41%
100 Bitcoin
20%
1,000 Bitcoin
39%
51 votes • Voting closed
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LexzyBTC
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Don't make that mistake... everyday ATL, be careful and be safe out there...trade lower risk tokens✅💰💯
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hmm🤔
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you've made 100%...close now and find a new entry... don't be greedy
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||FUN FACTS ABOUT CRYPTO||
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Benqi ($QI ) is a cryptocurrency that uses a proof-of-stake (PoS) consensus algorithm. Here's a brief technical analysis: Technical Indicators: -Relative Strength Index (RSI): 40-50 (oversold) -Moving Averages: 50-day MA: $0.065, 200-day MA: $0.075 -Bollinger Bands: Width: 15%, Upper Band: $0.085, Lower Band: $0.055 Chart Analysis: -Trend: Downward - Support: $0.055 - Resistance: $0.075 - Breakout: Above $0.085 or below $0.050 Technical Analysis Summary: Benqi is currently in a downward trend, with oversold conditions indicated by the RSI. The moving averages are bearishly aligned, and the Bollinger Bands are relatively wide, indicating high volatility. A breakout above $0.085 could indicate a trend reversal, while a breakdown below $0.050 could lead to further decline. Some additional notes: -Benqi has been experiencing a significant decline since its all-time high in November 2021. -The cryptocurrency market is highly volatile, and prices can change rapidly. -Always stay up-to-date with market news and trends, and consult with a financial advisor if needed. If analyzing the 25-day moving average for Benqi (QI). Here are some key points to consider: -Trend: The 25-day moving average for Benqi (QI) is sloping down, indicating a bearish trend. -Resistance: The 25-day moving average is currently above the Benqi price, which could act as a resistance in the future. -Support: The 50-day moving average on the weekly time frame is sloping up and below the current Benqi price, which could act as a support. -RSI: The Relative Strength Index (RSI) is within the 30-70 neutral zone, indicating a neutral trend. -MACD: There is no bullish or bearish divergence on the histogram, indicating no clear signal. Please keep in mind that technical analysis is not a guarantee of future price movements and it's essential to do your own research and consider multiple factors before making investment decisions. $BTC $ETH #technicalanalyst #Always_dyor
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