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@pickupic

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@pickupic
LONG #TIAUSDT from $4.58, stop loss $4.55 30m TF: The coin has been trading sideways for 14 days, forming a cascade of resistance levels. These levels contain stop-losses and liquidity that will likely drive further upward movement. Whenever the coin attempts to short, it is quickly bought back, indicating strong buying interest. Enter on the breakout, place stop loss below the consolidation area, and target after liquidity is gathered around $4.90. Risk/Reward ratio is 1:5.
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@pickupic
2 new wallets have withdrawn 600 #BTC ($34.2M) from Binance in the last 8 hours. Addresses: bc1qgp3zw3wl5kctm2slmnh4rcpgnjmhk05pgv5r2v bc1qx2hghtlr99vfglgzgjjkqn8urne6ju79y6yt88
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@pickupic
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@pickupic
GetBlock Magazine: Polygon’s new AggLayer protocol aims to unify Web 3.0, connecting L1 and L2 blockchains like Ethereum and Solana. On September 4, MATIC was converted to POL to boost growth. POL is now 41st by market cap and has dropped 71% YTD
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@pickupic
SHORT #1000PEPEUSDT from $0.0070527, stop loss $0.0070883 5m TF. The PEPE asset is actively declining and has now formed a consolidation around the support level. The daily trading volume is up, reaching 500 million. The local trend is downwards (evident from the lower highs), indicating buyer weakness. The basis for entering the trade will be consolidation above the level, active selling, and an eventual impulsive breakout due to stop-loss activation. Targets for closing the position: 0.0070137 - 0.0069899 - 0.0069551.
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@pickupic
Looking at historical data for BTC, September has turned out red 🔻 73% of the time.
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@pickupic
#SUSHI Half-dead projects need a hype topic for exit liquidity. On September 10, the Memecoin Launchpad Dojo platform will launch – similar to Pump.fun SunPump. Technically, the coin looks promising for a bounce from current levels – at least a global reversal, at most. I've shown this on the chart. If there is no growth after 12-14 days, I might consider closing manually.
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@pickupic
Noticed influencers cautiously recommending altcoin long setups on spot. Firstly, you've been slow to act. We’ve been gradually accumulating in July and pushing hard in August, just starting to gain momentum. DOGS is a case in point. Secondly, expect your new positions to face a cold shower first. While you panic, we’ll be adding more after partial profits.
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@pickupic
LONG #ETHUSDT from $2,491 Stop Loss at $2,477 On the 5-minute timeframe, we have an overall uptrend structure. Locally, there has been a structural break to the upside, which serves as confirmation. As a result, a diagonal level has formed, and during retracements to its boundaries, we observe price manipulation over liquidity, indicating position accumulation by a large player. Additionally, a liquidity level has formed above (at $2,494), which acts as a magnet for the market maker. I expect price growth to continue the upward structure and remove liquidity from below.
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@pickupic
Fibonacci was an Italian mathematician known for the Fibonacci sequence. In trading, Fibonacci retracement lines are used to predict support and resistance levels on a chart. These lines are based on percentages from the sequence, such as 23.6%, 38.2%, 50%, and 61.8%. They help traders identify potential price reversal points and levels where the price may slow down or change direction.
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@pickupic
Hey Farcaster community! Excited to be here and love being part of something new and fresh! 🚀
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