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godzu.base.eth
@godzu
🚀 Bitcoin and Ethereum Market Analysis: August 30th 🚀 Success comes with persistence! The journey toward your goals requires dedication and continuous effort. Keep pushing forward, and you’ll reach the life you’ve always dreamed of! 💪 🔍 Market Insights: Reviewing Bitcoin's latest 1-hour K-line chart, the market continues to feel the strain of prolonged consolidation. The Bollinger Bands indicate the possibility of a breakout, but Bitcoin remains trapped below key resistance levels, leading to minor pullbacks. The MACD lines are still showing upward movement, suggesting a slow buildup in bullish momentum. Despite this, Bitcoin remains stuck within a tight range and struggles to make a decisive move. Monitoring these critical levels is essential as the market adjusts. 💡 Action Plan: Bitcoin Short Position: Consider opening a short position around the $54,200 - $55,900 range. Target: $52,300 Stop Loss: $500 Stay vigilant and be prepared to adjust your strategy as market dynamics change!
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