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The chart provided represents Bitcoin (BTC/USD) on a 4-hour timeframe, using Heikin Ashi candles alongside the Volume Profile (VRVP), moving averages, and RSI to offer a clear view of the market sentiment. Let’s break down the analysis: 1. Price Action Overview: Current Price: Bitcoin is trading around $62,121, with recent price movement indicating a...

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1. Price Action Overview: Current Price: SHIB is trading around 0.00001753 USDT after a recent pullback from its local high. Recent Spike and Retracement: SHIB had a sharp upward move, but it faced resistance near 0.00001900. After hitting this resistance, the price retraced back to the current level. Now it’s consolidating while testing support and trendline...

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Price Action: The Bitcoin price appears to be in a downtrend after recently hitting a resistance level near 66,000. The recent sell-off suggests some bearish pressure, with the current price hovering near the 60,600 level. Volume Profile (VRVP): The volume profile shows a significant amount of trading activity concentrated between 60,000 and 62,000, which...

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General Overview of Price Action: Current Price: Bitcoin is trading around $60,832, which shows a slight downward movement. Support and Resistance Zones: Resistance Levels: The chart highlights two important resistance levels: $64,471 (marked as previous resistance). $67,616 (higher resistance, likely from a previous major swing high). Support...

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The recent geopolitical tension involving Iran and Israel could have significant effects on global markets, including Bitcoin (BTC). Impact of Geopolitical Risk on Bitcoin: Flight to Safe-Haven Assets: Traditionally, during heightened geopolitical risk, investors shift their portfolios toward safe-haven assets like gold, U.S. treasuries, or USD. Bitcoin,...

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General Price Action: Current Price: Bitcoin is trading at approximately $63,024, showing mild bullish momentum with an increase of +0.61% on the day. Trendline Support: A rising trendline from the past year provides a strong foundation for Bitcoin’s upward trend. This line currently intersects around $48,000, suggesting that any significant pullback may...

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Price Action Overview: Current Price: Bitcoin is trading around $63,846, slightly down by 0.32% at the moment. Recent High: The price reached a recent high of around $64,505, after which a retracement occurred. Support and Resistance Levels: The chart shows resistance levels at approximately $64,500 and key resistance zones near $67,616. The lower support...

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As long as PEPE continues to hold above this rising trendline, the long-term bullish structure remains intact. Resistance Levels: Immediate Resistance: The price is approaching a significant resistance level around 0.000001300 to 0.000001680. The chart shows several points in the past (such as in June and August) where the price was rejected around these...

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Current Price: Shiba Inu is trading at 0.00001890, showing a decline of 3.05% on the day. Recent Movement: The price has recently experienced a short-term upward spike, followed by a retracement. Technical Indicators: Heikin Ashi Candles: Heikin Ashi candlesticks are smoothing out price action. While some bullish movement is visible, the recent pullback...

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Price Level: Bitcoin is trading around $64,960 at the time the chart was taken, showing a decline of about 1.82%. SMA 200: The blue line represents the 200-day Simple Moving Average (SMA), which is a widely used indicator to assess the overall market trend. The SMA is currently positioned around $63,712, which is slightly below the current price. This...

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Looking to see major movement on the 27-28th!

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I have been following this trend with these trend lines. So far so good.

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I see a trend but how long and how far will this go?