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Just hit 165 ... Elon Musk's new company .... Any new coin that drops for trading is best to invest after the price stabilizes and forms a solid support level $SPCX
💁♀️💚 📊 Classic technical analysis… simplified and it’s the foundation for all trading schools ✅👀 The language of the markets for 100 years
Before indicators and algorithms, Charles Dow laid down a simple yet profound foundation: price reflects everything and history repeats itself.
🏛️ The three principles: 1️⃣ Price summarizes all news and information 2️⃣ Prices move in trends, not randomly 3️⃣ Human psychology is constant… hence patterns repeat
📈 Pillars of classic analysis:
🔹 Trend — your first friend: Higher highs and higher lows = uptrend, and vice versa
🔹 Support and resistance — zones where price stalls and bounces back... when broken, they swap roles
🔹 Price patterns — shapes that repeat and tell market intentions: • Reversal: head and shoulders, double tops and bottoms • Continuation: triangles, flags, pennants
🔹 Candlesticks — the language of the battle between buyers and sellers: doji, hammer, engulfing
🔹 Volume — the true voice of the market.. confirms breakouts and reveals fakes
🎯 Summary: Technical analysis isn’t crystal ball predictions… but reading repeated behavior, and managing probabilities not certainties. $SOL $SPCXB #TechnicalAnalysis #Trading #Stocks #Cryptocurrencies #CharlesDow
$ENA The volume hit $26 million Exchanges are now scooping up any market sell orders The pump has started and the rocket has launched, get ready for the explosion 🤏🤌 $ENA
Coin $TRUMP Total supply 200 million Bouncing off the standard low at 1.50 And climbing to 2.118 dollars With a trading volume of 72 million Positioned for a stellar pump. $TRUMP
$BTC Bitcoin is currently hovering around $63,533 after a clear bounce attempt from previous dip zones.
The price is getting close to a crucial area between $63,600 – $64,000, which could determine whether the recovery continues or takes a breather.
Breaking through $64,000 and holding above it could give a boost towards $64,800 and then $65,500.
On the flip side, failing to breach this zone might bring pressure back down to $62,800 and then $62,000.
Bitcoin is looking better than in the past few days, but confirming the uptrend requires a solid hold above $64,000, not just a quick touch of the level. $BTC
🔥🔥🔥🔥🚀🚀🐳 As for Bitcoin, no news yet, we’re still riding the wave ✔️ It's holding strong above 60k and showing buying strength around the 60k zone. Targets are set to extend up to 67k provided we don't break below that 60k floor. Also, other altcoins are primed for a rally from current prices, and some coins are looking solid. Good luck to you all! 🌹🌹 $BTC