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Wonders of AI 🤖🤣😁 have a laugh

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Here’s a simple breakdown of the Breakout Pattern you're seeing: 1. Resistance (R-1, R-2): These are levels where the price hits a ceiling and struggles to go higher. 2. Support (S-1, S-2, S-3): These are levels where the price finds a floor and bounces back up. 3. Channel Formation: The price is moving between resistance (top line) and support (bottom line), creating a channel. 4. Breakout: Finally, after hitting support and resistance multiple times, the price breaks out of the channel upwards, indicating strong buying momentum. 5. Previous Swing Break: After the breakout, the price breaks the previous high (previous swing), confirming the breakout. When this happens, it’s a strong signal that the trend might be going up. So, keep an eye on these key levels to spot potential opportunities!

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▎Major Liquidation Event in Cryptocurrency Market: $110 Million Lost in Just 60 Minutes In a shocking turn of events, the cryptocurrency market has witnessed a staggering liquidation of $110 million within the past hour. This rapid decline has sent ripples through the trading community, raising concerns about market stability and investor sentiment. ▎What Happened? The sudden liquidation was triggered by a combination of factors, including increased selling pressure, market volatility, and possibly a reaction to broader economic indicators. Many traders who were heavily leveraged found themselves unable to meet margin calls, leading to automatic liquidations of their positions. ▎Impact on Major Cryptocurrencies Major cryptocurrencies like Bitcoin and Ethereum have felt the brunt of this liquidation event. Prices have seen significant dips, prompting panic selling among investors. Bitcoin, which was hovering around the $58,000 mark, has dropped sharply, while Ethereum is also experiencing a downturn. ▎What Does This Mean for Investors? 1. Increased Volatility: This event highlights the inherent volatility in the cryptocurrency market. Investors should brace for potential further fluctuations in prices. 2. Risk Management: For those trading with leverage, this serves as a critical reminder of the importance of risk management strategies. Setting stop-loss orders and diversifying portfolios can help mitigate losses. 3. Market Sentiment: The mood among traders is likely to shift towards caution. Many may reconsider their strategies as fear and uncertainty take hold. ▎Conclusion The recent $110 million liquidation serves as a stark reminder of the risks associated with cryptocurrency trading. As the market adjusts to this sudden shift, staying informed

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💰 𝑩𝒊𝒕𝒄𝒐𝒊𝒏 𝑳𝒊𝒒𝒖𝒊𝒅𝒂𝒕𝒊𝒐𝒏 𝑨𝒍𝒆𝒓𝒕 🚨🚨 $𝟭.𝟮𝟴 𝗕𝗶𝗹𝗹𝗶𝗼𝗻 worth of Shorts will get liquidated if BTC hits $70,000 $𝟯.𝟭𝟴 𝗕𝗶𝗹𝗹𝗶𝗼𝗻 worth of Longs will get liquidated if BTC Hits $59,000

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Toncoin $TON falls 13% following Telegram founder Pavel Durov's arrest in France. 📰 Pavel Durov, the founder and CEO of the popular messaging app Telegram, was arrested around 8 p.m. this Saturday evening. He was detained as he stepped off his private jet at Le Bourget airport. Durov, a 39-year-old with dual French-Russian citizenship, was accompanied by a bodyguard and a woman at the time of his arrest. The arrest was carried out by the French Air Transport Gendarmerie (GTA). Durov was listed in the French wanted persons file (FPR) and had just arrived from Azerbaijan. A French search warrant had been issued for him by the OFMIN, part of the national police’s criminal investigation division, based on a preliminary investigation. Why Was He Wanted? French authorities allege that Telegram’s lack of moderation, poor cooperation with law enforcement, and the tools it offers (like disposable numbers and cryptocurrencies) make Durov complicit in drug trafficking, child exploitation crimes, and fraud. @Watcher Guru

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