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#BEAMX/USDT ANALYSIS
BEAMX is currently trading within a descending broadening wedge pattern and is rebounding from the support trendline. The Ichimoku Cloud is acting as a resistance barrier, limiting upward movement. To confirm the next move for BEAMX, it's crucial to wait for a decisive breakout from the pattern.
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#BTC/USDT ANALYSIS
Bitcoin has recently broken down from an ascending triangle pattern. After retesting the 100-day moving average, which is now acting as resistance, the price remains below this level.
However, Bitcoin is currently trading above the Ichimoku Cloud, which is providing support and indicating ongoing momentum. A breakdown below the Ichimoku Cloud could signal further downward movement for BTC.
On the other hand, a bounce from the current level, where the price is trading, could indicate a potential reversal.
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Bitget Futures, OKX Futures
#CFX/USDT Take-Profit target 5 ✅
Profit: 185.3147% 📈
Period: 5 Hours 52 Minutes ⏰
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#ENS/USDT Take-Profit target 2 ✅
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Period: 6 Hours 21 Minutes ⏰
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Period: 2 Hours 35 Minutes ⏰
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#IMX/USDT ANALYSIS
IMX is currently consolidating within a descending channel, with price action attempting to break through the resistance trendline. The 100-day moving average is positioned just above the channel, acting as an additional resistance level.
A decisive breakout from the channel, coupled with a move above the 100MA, would serve as strong bullish confirmation. Traders should monitor this closely, as a successful breakout could signal a shift in momentum.
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ByBit USDT
#CLOUD/USDT All take-profit targets achieved 😎
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Period: 3 Hours 14 Minutes ⏰
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Period: 6 Hours 21 Minutes ⏰
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Period: 6 Hours 21 Minutes ⏰
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Period: 6 Hours 9 Minutes ⏰
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