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- ๐ข Exclusive on Gate Square โ #PROVE Creative Contest# is Now Live!
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1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ - ๐ Gate Square #Gate Blue Challenge# ๐
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#TopContentChallenge#
My Tecnical analises about my favorite tokens
#BTC# A week ago, I predicted an inverted cup formation for BTC. A cup has now formed, and it's heading towards a handle. Our support level to watch is the 111k level, which is crucial. If it does, it could pull back to our next support level of 104-100k. However, I believe the likelihood of reaching those levels is very slim. As long as 111k is maintained, there's no problem. Today's weekly close and open started on a positive note. For the bulls and the upward trend to continue, the 4-hour close must be above 115,900. If there is no breakout and close at that level, the 111-114k range can be seen as the consolidation range.
#ETH# broke the 3,900 level for the first time in a long time last week, setting a record. Unfortunately, due to negative market developments, it was unable to hold on to that level. Bears took over the fields again, and an inverted cup has formed in ETH. As long as our consolidation range maintains this range, there is no problem. If 3,400 is broken, a correction towards 3,200 may occur, but this is a weak possibility, as is the case with BTC. However, every possibility should be considered. Also today ๐ฐ SharpLink purchased another 18,680 ETH ($66.6 million). SharpLink currently holds a total of 498,711 ETH ($1.81 billion). This has caused the price to rise again.
#Ena# Speaking of Eth, Ena is one of my long-term tokens that I'm following most closely. If Ena breaks the 0.71 resistance level, it will bring it back to $1-$1.3. It's also crucial to maintain the 0.49-0.5 support levels. There will be another unlock tomorrow. My latest and most favorite token is
#Ondo# . I've been following it for about two years, both long, medium, and short term. Support is the $0.83 area, and maintaining the crucial ratio is crucial. Our critical resistance is 1.10-1.16. If these levels are broken, my long-term target will be 1.2-1.6. Finally, my friends, the market is very risky and volatile these days.
When it comes to GT tokens, the $19 resistance must be broken and the $22-24-26 levels must come.
โ ๏ธโ ๏ธTherefore, adjust your positions correctly. Buy and sell gradually, avoid taking full positions, and avoid taking significant risks.