
ChartMeSir
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What symbols does the trader recommend buying?
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ChartMeSir

628 days accumulation GRT The resistance line of 2021 became stronger, I do not believe we will come down to the bottom of the accumulation range, all I know is the longer we do not break that resistance, the more explosive move that will be pending, are you ready for $5 GRT ?

ChartMeSir

the longer the accumulation, the bigger the breakout! 632 days of accumulation for GRT token! Once it breaks out of this range, expect a god candle!

ChartMeSir

The simplicity of this chart can provide the necessary and correct information for future prediction. The analysis incorporates the utilization of ascending channels, denoted by red markings, which typically exhibit a bearish pattern that frequently experiences breakdowns. Additionally, a horizontal pattern, indicated by orange markings, has been shown to also undergo breakdowns. Conversely, the examination includes the identification of descending channels, represented by green markings, which have demonstrated a tendency for price increases in most instances. I have delineated the multi-year support line in blue and the resistance line in the same color. It is noteworthy that the termination point of the blue triangle coincides precisely with the commencement of the Bitcoin halving event on April 26th, 2024. Within the context of the primary resistance and support level, I have delineated black lines to demarcate the respective resistance and support areas. It is evident that we currently find ourselves at a highly pivotal juncture, as the aforementioned black support line assumes a paramount role. Failure to sustain this support line could potentially lead to a subsequent test of the descending channel support, and in the event of further failure, a decline to the $19000 level may ensue. In the bullish scenario, the desired outcome entails the realization of the descending channel pattern, wherein the top green line resistance of the channel is breached. Subsequently, the price is expected to reach and surpass the $28000 level, ultimately breaking through the $32000 level. The analysis provided aims to enhance understanding of the future trajectory and significance of the bitcoin halving event.

ChartMeSir

ChartMeSir

expecting something like this once you think the market is boring it usually means a nice move is incoming

ChartMeSir

Bitcoin price action has been sideways for 11 days,. if you notice we have had a nice touch on the blue line, but when we broke out of the range, we got hit hard back down. After looking at the charts for several hours, I have labeled (1) (2) (3) Do you think the 3 will happen?

ChartMeSir

ChartMeSir

Bitcoin has been trading in a narrow range, inside the blue rectangle, for over a week now. This is a classic bear flag pattern, and it appears the market is intentionally trying to tire out traders before making a decisive move. An overall bear flag pattern has formed, and it is still sloping down towards the blue diagonal support line. The Bitcoin halving is expected to take place in April of next year, and after each halving the market has historically shifted into an intense upswing, followed by a new all-time high price. I don't get why people are putting their money into meme coins and coins with a $10k marketcap when there are altcoins with great fundamentals and the price has basically come down to the launching price, so I'd recommend accumulating altcoins and only putting a small portion of your portfolio into meme coins.

ChartMeSir

BEAR FLAG Bear flag pattern pointing down to $28000 Do you think the blue support line will hold?

ChartMeSir

DOGE 340% FROM ATH Using the line tool, the monthly time frame appears quite interesting, with a potential breakout occurring shortly and 340% gains possible from the current price to the all-time high price.
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