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Scalping in Crypto: Small Moves, Big Edge 🚀
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It's not safu in India 🇮🇳
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$BTC UPDATE Price bounced off 98.2K, but we haven't hit our support yet. I think it's a big trap 😏 Right now, the 25-day moving average is acting as resistance, and the next resistance levels are 102.8K - 103.4K and 104.5K. Watch out, things are gonna be volatile ⚠️
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🔥 TIMELINE REVEALED: Bitcoin’s birth wasn’t sudden — it’s the result of over 50 years of breakthroughs in cryptography, digital cash, peer-to-peer networks, and decentralization. 📜 From Cypherpunks to Crypto Kings: Visionaries like David Chaum, Nick Szabo, and Hal Finney laid the groundwork with concepts like digital cash, smart contracts, and proof of work, culminating in Satoshi Nakamoto’s 2008 paper and Bitcoin’s 2009 launch. 🧠 It's not just tech — it's a revolution built on decades of brilliant minds!
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$SOL Elliott Wave Deep Dive #SOL has now completed its 5-wave impulse structure, and the chart clearly signals we’re in the ABC correction phase — and Wave (a) appears nearly done. 🧠 Elliott Wave Count Summary: ✅ Wave (1) through (5) ended around $188–190, completing the bullish cycle. 🔻 The current downtrend is corrective, not impulsive — confirming Wave (a) of the ABC pattern is in motion. Wave (a) seems to be completing near the 2.010 Fib extension, aligning with a price target at $130.90. 🔍 What’s Happening Now: Price is trading around $135.86, just above the projected Wave (a) bottom zone. Buying volume is still weak, but structure suggests a relief rally is imminent — likely the start of Wave (b). 📈 Wave (b) Retracement Targets: As per standard Fibonacci retracement rules, we watch for a bounce toward: 🔹 0.382 = $152.60 (shallow recovery) 🔹 0.5 = $159.31 (typical retrace level) 🔹 0.618 = $166.01 (aggressive bounce, possible trap zone) This sets up a bounce play before Wave (c) potentially drags price lower again. 🎯 Key Levels: 🟢 Wave (a) Support: $130.90 – must hold for bullish bounce setup 🟡 Resistance Zone: $152–166 (Wave b retracement area) 🔴 Break below $130 = invalidates bullish correction, opens door for deeper collapse toward $120 📌 Trade Strategy Outlook: For Swing Traders: 👀 Look for signs of buyer re-entry near $131–135 ✅ Risk-reward looks attractive for a bounce toward $152–160 🛑 Stop loss: below $130 for invalidation For Short Sellers: 🧠 Wait for price to reach $159–166 zone Look for bearish rejection to ride the potential Wave (c) down 🧠 Conclusion - This is a correction, not a collapse. Wave (b) is on deck — and could offer the next best play before broader direction is decided. Don’t front-run the bounce — confirm volume and reaction.
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