🟢The currency is currently moving within a clear downward trend for a long time, and all the peaks are gradually decreasing 📉
What we notice now is that the price is forming a slightly higher bottom with signs of accumulation, and this gives an indication that there is an attempt to reverse, but it is not confirmed yet 👀
📍 The current area around 1.6 – 1.7 is considered a strong demand zone. If it holds, we might see a decent rebound.
Breaking the downward trend and closing above it means the beginning of an upward wave.
Potential targets after confirmation in the long term:
3.13 5.31 8.74
❌ However, if the area of 1.5 is broken and closed below it, then the negative scenario returns and the decline continues.
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The situation is extremely tense due to the war, and negativity has been prevailing in recent days. There is a strong rise in Bitcoin's market dominance, allowing the price to stabilize at the expense of other currencies, which is why we are witnessing a strong bleed in the currencies $BTC
I know that, but the profit percentage is higher than the loss.
Ma7moud7
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Bullish
What is the best currency to trade futures now? Profit-taking in the last 24 hours provided I have a small capital and cannot afford to lose I hope you can help me $XRP $DOGE $BMT
What is the best currency to trade futures now? Profit-taking in the last 24 hours provided I have a small capital and cannot afford to lose I hope you can help me $XRP $DOGE $BMT