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CRYPTO PALACE

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CRYPTO PALACE
CRYPTO PALACE @CRYPTO_PALACE
#Bitcoin-BTC Analysis
#BTC followed the expected pattern and dropped to the first support area, where there's enough support. The market might move sideways for the next 2-3 days. If it goes below the first support at $34,700-$35,000, we expect it to head to the second support at $33,300-$33,600.

It's unlikely the #SEC will approve a spot #etf this month, which could cause a market crash. Resistance levels stay the same at $36,000-$37,000.

#BTC #dyor $BTC
CRYPTO PALACE
CRYPTO PALACE @CRYPTO_PALACE
Weekly Token + Narrative Watchlist 🕵️‍♂️

As bullish momentum and volatility return, I'm keeping a close eye on these 15 altcoin setups this week:

#BTC Bitcoin has seen four consecutive green weekly closes, closely monitoring for sustained bullish momentum or a potential cool-off. A BTC slowdown could provide breathing room for alts.

$RUNE: On a strong uptrend, considering buying on deep corrections. $THOR, the primary DEX on Thorchain, tends to follow and has potential.

$SOL : After a significant rally, watching for potential upside despite some momentum waning. Will consider buying on significant downside wicks.

$MATIC : Showing strength with whispers of a ZK narrative. Considering it as a leader with potential positive flows following re-branding news.

$DUSK $LRC $MINA: On the watchlist if the ZK narrative gains traction, part of the ZK basket. Monitoring for strength within the narrative.

$SEI : Catching a bid on Upbit, considered a "new coin" with pumpamentals.

$TIA : New in the market, reminiscent of Aptos in its early days. Looking for continuation and potential explosive moves.

$GMX $DYDX X $GNS: Perp dexes benefit from volatility, potential medium-term bets if volatility continues.

$YGG + $GMT : Gaming tokens, cooling off after an initial move. Expecting continued outperformance, especially with the YGG conference on the horizon.
1GTA 6 Trailer: Anticipating a trailer release in December, which could impact gaming tokens positively.

Market Note: In a bullish trend, leaning towards long positions unless a concrete reversal occurs. Shorting remains risky in the current market conditions. 📈✨

#dyor $BTC
CRYPTO PALACE
CRYPTO PALACE @CRYPTO_PALACE
#Bitcoin Analysis
#BTC initially broke the upside of the symmetric triangle but couldn't sustain the upward trendline. A retest of the support zone is anticipated before the next move. The first support area to watch is $34,700-$35,000.

#dyor
CRYPTO PALACE
CRYPTO PALACE @CRYPTO_PALACE
#BTC update
#BTC🔥🔥 experienced a rebound after briefly dipping below the support area, which could have been part of a stop-loss hunting strategy. We anticipate one final upward move, potentially reaching the range of $36,000 to $37,000. It's crucial to maintain a tight stop loss on all open long positions and be mindful of taking profits.

Support Levels:
1. First Support Area: $34,700 to $35,000
2. Second Support Area: $33,300 to $33,600

Resistance Range:
- Resistance area: $36,000 to $37,000

Being vigilant in managing your positions within these price levels is advisable.
$BTC
CRYPTO PALACE
CRYPTO PALACE @CRYPTO_PALACE
#Ethereum Analysis
#ETH has recently broken the resistance area and subsequently retested it. This suggests the possibility of a movement towards the significant level of $2,000 in the days ahead. If you've entered long positions during the retest, it's advisable to consider adjusting your stop loss to the breakeven point and maintaining your position. This approach can help mitigate potential losses while enabling you to capitalize on potential gains.
#dyor $ETH
CRYPTO PALACE
CRYPTO PALACE @CRYPTO_PALACE
#Ethererum Analysis
#ETH recently made an attempt to breach a resistance area but was unsuccessful. Nevertheless, a successful breakthrough above this resistance could be a positive indicator.
The broader cryptocurrency market seems to be in a bullish phase, and there's potential for an upcoming breakout. For trading, you might want to consider opening a long position, either near the support area or after a confirmed breakthrough above the resistance level.

#dyor $ETH
CRYPTO PALACE
CRYPTO PALACE @CRYPTO_PALACE
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Efficient Support: Simplify ticket management through our support platform.

AGII's native token, $AGII, adds an extra layer of utility. It's built on @BNBCHAIN and boasts a total supply of 5 billion tokens, currently trading on @MEXC_Official.

The birth of AGII signifies the incredible fusion of AI and Web3, revolutionizing the digital landscape. Welcome to the future where innovation knows no bounds! Explore more at AGII.app/token. 🌐🤖
#AGII #AIPlatform #Web3Advancements #CryptoRevolution
CRYPTO PALACE
CRYPTO PALACE @CRYPTO_PALACE
Bitcoin Analysis
The weekly candle for #bitcoin has successfully closed above the resistance region, signaling a positive outlook for the market. It's now likely that we'll see a test of the support area before the next upward move. As long as #BTC remains above $30,500 on the weekly chart, the overall trend remains bullish.
#dyor $BTC
CRYPTO PALACE
CRYPTO PALACE @CRYPTO_PALACE
Crypto kept Evolving Don’t be left behind.
Quite alot of development in the crypto space. Just recently, i came across a project and it caught my attention.
"Decentra Ecosystem: Transforming the Crypto Landscape with Web3 Innovation"

In an ever-evolving crypto world, projects like Decentra Ecosystem are at the forefront of change. Their visionary approach aims to revolutionize the blockchain industry by making #Web3 technology accessible to all, breaking down traditional barriers.

At the heart of this innovation is the all-encompassing Decentra Bot, offering a multitude of user benefits, from additional earnings to user-friendly interfaces. Backed by a strategic tokenomics model and a well-defined roadmap for 2023/2024, including strategic partnerships and security audits, Decentra Ecosystem paves the way for a more inclusive and user-friendly blockchain experience.

The crypto landscape is evolving, and projects like Decentra Ecosystem are leading the way. 🌐💎
#crypto
CRYPTO PALACE
CRYPTO PALACE @CRYPTO_PALACE
#bitcoin Update
#BTC has recently established a resistance level just below the $30,000 mark, which is also accompanied by a minor support. This could be seen as a retracement phase following the recent rapid upward movements.

The key to watch for is a daily closing above the $30,000 threshold, particularly around $29,800. Such a close would signal a potential continuation of this trend. Currently, we're observing signs of price rejection in this area.

As the market reopens on Monday, a clearer picture of the situation will emerge. It's a critical moment to monitor and assess the ongoing trend. 📈📉
#dyor $BTC