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Analysis of the chart for currency #ZBT timeframe 30M ⚙️ Important areas:
Type of area Price level Note
Major support 0.3050 – 0.3100 Potential buying area if a strong reversal candle appears First resistance 0.3350 – 0.3400 Breaking this means the beginning of an upward movement Next resistance 0.3720 – 0.3960 Potential targets after the break Negative break support 0.2990 Breaking below this cancels the buying scenario
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💡 Summary:
🔸 There is no confirmed buying signal yet, but the price is close to a critical support area within the triangle.
🔸 The safe buying trade is after:
A clear breakout above 0.3350 with a strong candle + high trading volume.
Or a strong rebound confirmation from the 0.3050 area with a reversal candle (Hammer or Engulfing). $ZBT
$AVAX 🚀💥 A moment ago - The amount of cash inflows exceeded 40 million dollars. - Significant increase in trading volume. - Strong reversal candle. $AVAX
🚨The largest liquidation in the history of cryptocurrencies” About 9.4 to 19 billion dollars in positions were liquidated within 24 hours. 😭, What are the potential reasons that caused this complete collapse in the markets?
1️⃣Announcement of American tariffs on China
The American president announced a 100% tariff on technological exports to China, which sparked panic in the financial markets and caused a massive sell-off in high-risk assets, including cryptocurrencies.
This announcement came at a time when the markets were poised for volatility, serving as the spark that exacerbated the sell-off.
2️⃣Excessive use of leverage and liquidations
A large number of traders used high leverage, and when prices moved against their expectations, their positions were forcibly liquidated. This, in turn, generates more selling pressure and increases the collapse.
The event was described as "the largest liquidation in the history of cryptocurrencies" with about 9.4 to 19 billion dollars in positions being liquidated within 24 hours.
3️⃣Technical issues and disruptions in the infrastructure of trading platforms $BTC $BANK $ETH #BNBBreaksATH
After the issue that occurred on the platform the platform #Binance announces its services are back to normal and this is what it posted on its account on platform X