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Binance is the worlds largest crypto exchange in the world… Why? BECAUSE IT HAS MADE A FORTUNE FOR THOSE WHO KNOW HOW TO USE IT. VIP REGISTRATION FAQs❓ @TheCE0
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🇨🇳China Money Supply Explodes Higher.
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#VIRTUAL/USDT All take-profit targets achieved 😎
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Period: 1 Days 4 Hours 27 minutes ⏰
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#DEGEN/USDT All take-profit targets 😎
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Period: 1 Days 2 Hours 20 Minutes⏰
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#usefulmaterial
Support and resistance.
Support and resistance are the most intense places where supply and demand forces meet. In financial markets, prices move according to supply (down) and demand (up). Demand is associated with "bulls", and buying. Supply is associated with "bears," and selling. As demand rises, price rises; as supply rises, price falls. If demand and supply are equal, the price fluctuates in a horizontal corridor (consolidation, flat). And "waits" until one of the forces wins. L
Support is a certain price level, at which demand strengthens and prevents the price from falling below. It follows from logical reasoning that as the price of an instrument gets lower, the bulls are more and more inclined to buy and the bears are less and less inclined to sell. By the time the price touches the support zone, demand should overpower supply and prevent further decline.
But support does not always withstand price pressure:
Price breaking through the support line indicates that the bears have won over the bulls. Such a strong downward movement indicates that the bears had a new desire to sell, while the bulls had no desire to buy. This price behaviour shows that the bears have lowered their expectations of the asset and are willing to sell at a lower price. Moreover, the bulls have also lowered their view of the asset and are not reacting as actively until the price goes far above the support line.
Resistance is the level of the price of an instrument at which supply increases enough to prevent the price from going higher. It logically follows that as the price approaches the resistance level, the bulls are less and less willing to buy and the bears are more and more inclined to sell. By the time the price reaches the resistance level, the sellers will be selling the asset so intensely that they will simply prevent the bulls from driving the price higher.
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🇺🇸$115 billion VanEck says "A U.S. Strategic Bitcoin Reserve Could Help Offset National Debt"
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💰 Solana announces an upcoming yield generating stablecoin, offering 24/7 accessibility with no lockups and secured Onchain.
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#BNX/USDT All take-profit targets achieved 😎
Profit: 1,015.00% 📈
Period: 8 Hours 27 minutes ⏰
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Binance Futures
#TIA/USDT All take-profit targets 😎
Profit: 506.5479% 📈
Period: 1 Days 5 Hours 20 Minutes⏰
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#PYTH/USDT All take-profit targets 😎
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Period: 1 Days 2 Hours 2 Minutes⏰
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💰 Canary Litecoin ETF listed on DTCC website.
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The number of applications for crypto-products on BTC and ETH is growing rapidly, Adoption among institutional investors is gaining momentum!
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🇯🇵Japanese Metaplanet acquired 68 BTC and now owns total 2,100 BTC. Plans to accumulate 10,000 BTC by the end of 2025.
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Period: 14 Hours 30 Minutes⏰
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JUST IN: 🏦Bybit launches $140 million recovery bounty program to "hunt for the perpetrators of crypto's largest heist in history."
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#BIGTIME/USDT All take-profit targets achieved 😎
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Period: 1 Days 1 Hours 41 minutes ⏰
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#ACE/USDT All take-profit targets 😎
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Period: 1 Days 8 Hours 3 Minutes⏰
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#NEIRO/USDT All take-profit targets 😎
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JUST IN: 🇺🇸SEC ends investigation into NFT marketplace OpenSea.
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#usefulmaterial
The descending triangle is not very common, but quite a simple figure of technical analysis. To form the figure, you need a clear support zone, with at least 2 touches, and a downtrend resistance line, which forms the upper side of the triangle.
Important elements of the "descending triangle" pattern
-The price waves should form a clear support zone. Naturally, it may not be perfectly horizontal and the levels of lows may be slightly different, but it should be a horizontal support zone with at least 2 touches.
-On the downside of the waves, the price should draw a descending resistance line. The price should touch it at least 2 times.
-Trading volume during the formation of the pattern usually decreases. But at the very end of the figure, the volume increases significantly.
-When the price crosses the support zone, the figure comes to an end. Often this final crossing is accompanied by high volume.
-Support turns into resistance, and after crossing the support, the price can retest this broken level.
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Period: 1 Days 3 Hours 46 Minutes⏰
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#GRASS/USDT All take-profit targets 😎
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Period: 1 Days 6 Hours 37 Minutes⏰
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💰 BTC Long (bullish) leveraged Bitcoin positions on Bitfinex soared to an impressive $5.1 billion on Feb. 19.
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💰 SOL price prediction 2025 by Funds and influencers.
Despite the recent bearish price performance, They predict that the $SOL price could reach $520 or higher by the end of the year.
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#CATI/USDT All take-profit targets achieved 😎
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Period: 23 Hours 53 minutes ⏰
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