๐จFor the first time, these indicators are converging in the market on the same day ๐๐ปThe market value of the cryptocurrency market is down by 4.5% ๐๐ปTrading volume is up by 56.5% ๐๐ปDominance #ุงูุจูุชูููู 58.3%, which means it's high compared to previous days ๐จThis means there is significant selling in alternative currencies and money is leaving the market ๐จThe goal is to liquidate and remove weak traders from futures and long positions
Accurate analysis of the upcoming scenario in the market
๐จAlternative currency market.
Do you think that market makers, whales, and investors are stupid? No, my friend, the alternative currency market will not happen so easily if everyone expects it.
In the previous days, everyone was eagerly prepared for the alternative currency market, and all indicators pointed to the beginning of the alternative currency market indeed, and everyone got ready for this stage, and most of them entered the market with large amounts in several currencies, believing that this big event had started.
๐จPrecise analysis of the upcoming Bitcoin scenario #BTC
๐๐ป 111400 strong support zone with high liquidity; the price might drop to it and then rise
๐๐ป112000-112300 resistance zone where the price may drop upon reaching this area
๐๐ปIf the price drops and breaks the support zone 111400 and closes below it, it indicates a possibility of dropping to around 110500
๐๐ปIf the price drops and reaches the support zone 111400 and gives reversal signals, the first target will be 112200 and the second target 114000
๐๐ปIf the price continues to rise, it will face a resistance zone at 112200; if broken, the target will be 114000
๐ฒImpulse Block๐ฒ โ๏ธ First: What is meant by Impulse Block? โ๏ธAn Impulse Block is an area or candle (or a group of candles) that appeared before a strong price movement โ whether upward or downward โ and is responsible for starting that violent movement. โ๏ธAfter this movement, when the price returns to this block, it interacts with it (bounces back or continues), as it represents strong support or resistance resulting from the presence of institutional orders in it (such as orders from banks or large funds).
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