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📈#AVAX (AVAX/USDT)📈
AVAX is currently forming a falling wedge on the daily timeframe, a bullish reversal pattern. The price has been testing the wedge's lower boundary while showing signs of a potential breakout. If AVAX can break through the $27.985 level, it could push further toward the upper resistance of $50.040, representing a significant upside.
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The Cup and Handle is a bullish chart pattern that signals a potential upward move in price. It looks like a “U” shape (the cup) followed by a small dip (the handle), before breaking out upward.
Key points:
- Bullish pattern: Suggests the price may rise.
- Cup: A rounded bottom formation.
- Handle: A small downward movement.
- Breakout: Price moves up after the handle.
- Place a stop-loss below the handle for protection.
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📊 COTI/USDT Analysis 📊
COTI is showing a potential bullish breakout from a descending wedge pattern. The price is currently at $0.10063, up by 3.43%, and nearing key resistance levels that could lead to further upward movement.
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📈 $KSM Bullish Breakout! 📈
KSM/USDT has broken out of a descending wedge, a classic bullish reversal signal.
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#BSV 🚀 Potential Bullish Breakout
📈 BSV has been forming a falling wedge, and we're now seeing a potential breakout forming above the resistance zone. If the price can break and hold above, we might see a significant bullish movement towards the next key resistance.
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POPCAT/USDT Buy Setup:
📈 Entry: Buy around the current market price of 0.5986.
🔻 Stop Loss: Set below 0.4118 to limit downside risk.
🎯 Targets: Look for potential upside towards 0.7500, 0.9500, and 1.2000 as price looks to break out of the descending channel.
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📊 $C98 Potential Breakout or Continuation? 📊
C98/USDT is trading within a downward channel, and here’s what to watch
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