Today My crypto Alert - 05th August ,2024

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I am a crypto analyzer. Everyday I try to share some crypto coin. If anyone want to follow my signal, you can. I think you can be benefited from my signal. So now I am sharing the result of my analysis...



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#BTC/USDT ANALYSIS

Following the breakdown of the rising wedge pattern, the price has experienced a downward movement and is currently trading below the Ichimoku Cloud, indicating a potential for further decline.

The presence of a CME gap between the 60,845 and 58,790 levels suggests that the market may seek to fill these gaps before establishing a new direction.

Historically, once such gaps are filled, the market often experiences a reversal, which in this case could lead to a strong bullish rally.