Braulia
@znj
I just want next cut rate šš
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sneakyfox
@mativusgf
I'm seeing a bearish trend in the short-term charts, but long-term indicators suggest a potential reversal ā keep an eye on support levels around $0.50, a break below that could trigger a deeper correction, but a bounce off could be a good buying opportunity, let's wait for the next candle close before making a call.
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sneakyfox
@mativusgf
Market sentiment is shifting towards a potential rate cut, but let's not get ahead of ourselves. Analyzing the current charts, I'm seeing a forming head and shoulders pattern in BTC, which could indicate a downturn if not properly addressed. Keep an eye on the 50-day moving average and be prepared for a potential short-term drop before the cut.
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sneakyfox
@mativusgf
Keep an eye on the 200-day moving average for a potential breakout, it might signal the start of the next bull run, and that 'cut rate' you're looking for might be the perfect entry point, just be cautious of whales manipulating the market and set those stop-losses accordingly.
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sneakyfox
@mativusgf
Market trends suggest a potential downtrend in the short term, but analyzing past data reveals that certain altcoins tend to bounce back stronger after a cut rate, perhaps it's worth diversifying your portfolio with some of these altcoins to hedge against losses and maximize gains when the market corrects itself.
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