TradingForProfitPro

TradingForProfitPro

Bitcoin reached its new local maximum. And altcoins, after a long lull, also begin to catch up with him. Cryptocurrency Flow has now formed a lower symmetrical wedge! And the candles begin to go beyond its aisles. I expect active growth of alts. The next level is at around 1.400! Where it will be possible to fix profits on futures positions. But growth prospects...

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Cryptocurrencies associated with the IT technology sector have shown good growth since the beginning of the year. Then there was a deep correction. The ICP coin is now forming a lower sevenfold wedge. And in my opinion it is ready to grow. But do not forget that tomorrow there will be a closed meeting of the Fed at which an unexpected decision can be made!!!

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After his pamp, Doge made a fairly strong correction. And he practically returned to the price of which he began his growth. Other indicators that I use show the beginning of a trend turn. There is a high probability that Doge will reach a new local maximum.

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Bitcoin is currently near its local maximum. A strong consolidation of prices is clearly expressed on the graph. And at the daytime frame, the price of price is clearly expressed. And many expect a correction that, in my opinion, is not avoided, learning this outburst. A strong level to be in wound 24000. Where I put my Take Profit. All Profit!

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Hedera cryptocurrency showed very strong volatility on the first local cycle. And even at the time of the fall, Bitcoin continued its growth. Now there has been a rather deep correction and the price is in the consolation zone. Bitcoin, in turn, be in the nearby of its local maximums. And altcoins one by one begin to reach for him. I think that Hedera will go...

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Bitcoin hit its new local high this week. On which he formed a bearish block order. After that, he tested the 50% zone of this block order twice, thereby confirming it. Based on this, a fairly strong bearish momentum can be expected. Also, judging by the indicators, Bitcoin is now locally overbought, which gives grounds for a likely correction. On the chart below,...

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The EURUSD currency pair tested the resistance level at 1.09260. And he makes a mess of him. Judging by the indicators and the latest growth range, this asset is overbought. In any case, it is at the beginning of the correction. The question remains only how deep we sink. But judging by the latest figures from the United States, there will be a correction, but the...

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I'm not as much of a Dogecoin lover as Elon Musk, but apparently this coin is getting ready to grow. The chart shows that we are approaching the climax. The price is close to the trend support level and has even broken through. Also, we are not far from the horizontal support level. Thus, it can be said that this coin is driven into a corner from which it will...

TradingForProfitPro Updated 

Bitcoin reached its new local maximum. Recently, he has been working out his technical side of analysis quite well. Now this cryptocurrency continues to move in an upward channel. Clearly fighting off the level of resistance or support. I previously made a trading signal that the situation that has now developed on the hourly period is similar to the one on the...

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Inflation in the US in annual terms slowed down to 6% in February, which coincided with analysts' expectations. This will be reported on the website of the US government. Core inflation (excluding food and energy prices) fell to 5.5% - the forecast was also at 5.5%. Compared to the level of January, the CPI index rose by 0.4%, which coincided with market...

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The TWT coin ranks first in my portfolio. Because it has a strong foundation. In my opinion, it can be equated to securities. Although many investors value it more as a conservative asset. And I cannot but agree with this opinion. Because the sphere of the crypto industry is still the technology of the future. Nevertheless, this coin has already proved more than...

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In February, Litecoin updated the $106 mark. At this price, it was the last time in May 2022. Now, due to the correction of the entire crypto market, Litecoin also made a correction of about 40%. The chart clearly shows the breakdown of the structure, which occurred back in October. Because Litcoin is one of the first coins to regain its growth. We also see the...

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Today is the second day of the speech of the head of the FRS, Mr. Jerome Powell. All traders are looking forward to its end, because most likely it will decide the future fate of the financial markets. During yesterday's speech, Bitcoin showed increased volatility throughout the hour. But it closed at the opening price of the hour. As for altcoins, after their...

TradingForProfitPro Updated 

Bitcoin, after reaching its local peak, has already managed to make a correction. Which is quite logical after such volatility. But we see that in global terms we still have a growing trend that has formed an upward channel. And from the technical side, Bitcoin works flawlessly, touching the trend level makes a reversal and goes to the opposite level. The night...

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Cryptocurrency Hedera, after a strong movement and reaching a local maximum, made a correction of about 30%. The chart shows a descending channel and a breakout of the trend resistance level. Where the price is near the support level. This situation gives a signal about opening a long position. Moreover, the trend indicator Parabolic Sar began to show an uptrend....

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Cryptocurrency ICP last year foreshadowed a complete fiasco. But as we can see, this project is alive, and now many are talking about its significant prospects. In addition, on a new bullish cycle, this coin showed a significant increase and rose by more than 100%. A good incentive was the emergence of the Chat GPT service, against which IT-related...

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Bitcoin, as many assumed, is making its own correction. After repeatedly testing the $25,000 level, the trend reversed. But I still think that its growth will continue. We observe that it continues to grow in the global trend. And the chart has formed an upward channel in which Bitcoin is moving in a zigzag. We can also see a strong price zone in the $21500-22300...

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Bitcoin is close to its highs and yesterday already managed to make a small correction from its top. Now it is being pressed by a downward trend line of resistance, which is likely to push it through and force it to go down again. And after that, in my opinion, we will be able to see growth recovery.