Get Ready Guys!!! Wing Finance Is About To Break Another Triangle Soon


 

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Is Bitcoin (BTC) Crash Really Over?

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  Introduction In today's update, we'll explore a powerful indicator to measure Bitcoin's bull runs. When this indicator turns green on a weekly timeframe chart, it signals a bullish trend. Conversely, when it turns red, it indicates a long-term bearish trend. Let's dive into the current market conditions and analyze some key indicators.   Supertrend Indicator:   Historical Performance of Supertrend Indicator:   Green Signal : Indicates a bull run. For example, in May 2019, the indicator turned green, signaling a bullish trend that followed until a brief period of red during the COVID-19 crash. Red Signal : Signals a bearish trend. Historical data shows significant drops during these periods, such as the long bearish trend post-December 2017.   ADX and Directional Movement Index The Average Directional Index (ADX) and the Directional Movement Index (DMI) provide additional insights: Negative Directional Index (Red) : Currently crossing above the Positive Directi...
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BITCOIN (BTC) | Another Attempt For The Big Breakout

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  Bounced from the support: The price action of the leading cryptocurrency is moving in a  descending triangle  and at the same time, it is moving between the resistance and the support levels from $31K to $39.5K. Previously we have been watching that the  volume profile  of the complete price action is showing that there is a weak interest of the traders close to the support and showing a strong interest of the traders even above the resistance of the  descending triangle  . The price action followed this signal and again bounced by $31000. It is to be noticed that so far we are not having any closing below the $31K  support level  on the daily time frame chart. Different indicators are giving  bullish  signals: If we take a look at the  volume  then it can be noticed that even though the priceline of  Bitcoin  reached the support $31000 but the sell  volume  was not powerful. Finally, the price action...
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Verasity VRA Crypto Coin Update!

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