LIVEThe Crypto Anatomy
@joyjitsarkar
X(Twitter)🌐: @josnbulls. Once a critic, now an avid crypto advocate & Investor. Blockchain & NFT enthusiast. Learning trading from the highs and lows everyday.
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$BOME Is It Too Late To Buy BOME?
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Book Of Meme Price Soars 14% And This Might Be the Next Crypto To Explode
The price surged 14% in the last 24 hours to trade at $0.01076 as of 3:20 a.m. EST on a 211% leap in trading volume to $264 million.
The resurgence in activity around BOME is also evident from its rising futures open interest, which surged 14% in the past seven days to $60.25 million.
A recent rise in these metrics has made Bome one of the hottest meme coins in this bull run.
📊 BOME Price Spikes Above the Falling Channel
After a long period of declining prices, marked by a bearish wedge pattern, the popular meme coin Book of Meme (BOME) has begun to rebound.
BOME price bulls have regained momentum after a downturn, which saw the bears push the price down to the $0.008126 support zone. The double bottom formation has given the bulls the boost they needed to lift the price above the falling wedge.
Additionally, the BOME price has surged above the 50 Simple Moving Average (SMA), breaking out of the bearish channel. This shift in momentum indicates an upward trend ahead.
A little push to the upside may push the price above the 200 SMA, which currently acts as a barrier to the price.
The RSI also reflects this uptrend, moving above the 50 midline level and retracing around the 70 overbought zone. Currently hovering around 67, the RSI suggests strong buying pressure. If momentum continues to increase, the RSI could move into the overbought zone above 70, signalling heightened buying interest and reinforcing BOME’s bullish outlook.
🪙 Book Of Meme Price Prediction: Bull Rally Ahead?
Despite a slight rebound, BOME seems ready to trade above the 200 SMA resistance. The bullish moving average has enabled the bulls to push the price back above the falling channel, aiming for the previous high of $0.01310. If they can break through this level, the bulls could propel the price to $0.01390 in the coming days.
*This is not investment advice.
#BOMEUpdate #CryptoPCEWatch #VanEck_SOL_ETFS
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Book Of Meme Price Soars 14% And This Might Be the Next Crypto To Explode
The price surged 14% in the last 24 hours to trade at $0.01076 as of 3:20 a.m. EST on a 211% leap in trading volume to $264 million.
The resurgence in activity around BOME is also evident from its rising futures open interest, which surged 14% in the past seven days to $60.25 million.
A recent rise in these metrics has made Bome one of the hottest meme coins in this bull run.
📊 BOME Price Spikes Above the Falling Channel
After a long period of declining prices, marked by a bearish wedge pattern, the popular meme coin Book of Meme (BOME) has begun to rebound.
BOME price bulls have regained momentum after a downturn, which saw the bears push the price down to the $0.008126 support zone. The double bottom formation has given the bulls the boost they needed to lift the price above the falling wedge.
Additionally, the BOME price has surged above the 50 Simple Moving Average (SMA), breaking out of the bearish channel. This shift in momentum indicates an upward trend ahead.
A little push to the upside may push the price above the 200 SMA, which currently acts as a barrier to the price.
The RSI also reflects this uptrend, moving above the 50 midline level and retracing around the 70 overbought zone. Currently hovering around 67, the RSI suggests strong buying pressure. If momentum continues to increase, the RSI could move into the overbought zone above 70, signalling heightened buying interest and reinforcing BOME’s bullish outlook.
🪙 Book Of Meme Price Prediction: Bull Rally Ahead?
Despite a slight rebound, BOME seems ready to trade above the 200 SMA resistance. The bullish moving average has enabled the bulls to push the price back above the falling channel, aiming for the previous high of $0.01310. If they can break through this level, the bulls could propel the price to $0.01390 in the coming days.
*This is not investment advice.
#BOMEUpdate #CryptoPCEWatch #VanEck_SOL_ETFS
$PEPE BREAKS BULLISH FLAG & POLE 🚀
It starts off this week with a bang and back in action again. In fact the foundation was laid back already in the previous week itself.
📊 When I mentioned in the previous post that it may add a zero but that would be temporary and won't sustain long, it was actually coming. As a matter of fact it broke down the crucial support of $0.00001 just a week ago on Tuesday June 18, but bounced back immediately and closed above $0.00001075 which became resistance for some time, but settled again as the important support line.
✨ But as you can see in the chart, after Pepe closed above $0.00001075 forming a hammer (visit thread), it stayed above this support level throughout that week. Even the breakdown yesterday couldn't sustain for long and what a fine CANDLE formation appeared. It took support on the lower band, closed on a solid $0.00001134 yesterday and today went Boom 💥
A solid candle today with no lower shadow, easily breaking the bullish flag and pole, resistance of $0.000012 and the middle band (20MA), all these three crucial metrics.
Big cheers to those who bought at the low near those support levels of $0.00001and we will surely witness $0.000014 this week. But make sure if you're going long mind that leverage.
*This is not investment advice.
#PEPEATH #CryptoPCEWatch #Megadrop
$PEPE
It starts off this week with a bang and back in action again. In fact the foundation was laid back already in the previous week itself.
📊 When I mentioned in the previous post that it may add a zero but that would be temporary and won't sustain long, it was actually coming. As a matter of fact it broke down the crucial support of $0.00001 just a week ago on Tuesday June 18, but bounced back immediately and closed above $0.00001075 which became resistance for some time, but settled again as the important support line.
✨ But as you can see in the chart, after Pepe closed above $0.00001075 forming a hammer (visit thread), it stayed above this support level throughout that week. Even the breakdown yesterday couldn't sustain for long and what a fine CANDLE formation appeared. It took support on the lower band, closed on a solid $0.00001134 yesterday and today went Boom 💥
A solid candle today with no lower shadow, easily breaking the bullish flag and pole, resistance of $0.000012 and the middle band (20MA), all these three crucial metrics.
Big cheers to those who bought at the low near those support levels of $0.00001and we will surely witness $0.000014 this week. But make sure if you're going long mind that leverage.
*This is not investment advice.
#PEPEATH #CryptoPCEWatch #Megadrop
$PEPE
LIVEThe Crypto Anatomy
--
صاعد
$PEPE Forming A Hammer On Daily 📈
Could this be the point of reversal? As the market is already oversold, here is some hint of fresh money that could fuel some life back into the dead.
📊 After a steep decline from the highs of $0.00001725, Pepe went down for three straight weeks and formed a Bullish Flag and pole pattern on the daily time frame. The strong support at $0.00001 had a retest during this decline but eventually the price bounced back above the local support of $0.00001075. At the time of writing Pepe was flickering near $0.0000108 down 3.9% for the day.
This has left a long lower shadow in today's candle and currently this is the formation of a hammer. The flag (descending channel) has been respected throughout this move and we witnessed the retest of first support. Next down $0.000009 is the cushion which will unfortunately add zero but that would be temporary. Though this looks like a least probable scenario.
On the weekly time frame the red has eclipsed this week's move as well but a recovery from here would certainly break the chains.
Today's closing must have to go above $0.00001075.
#pepe⚡ #CPIAlert
Could this be the point of reversal? As the market is already oversold, here is some hint of fresh money that could fuel some life back into the dead.
📊 After a steep decline from the highs of $0.00001725, Pepe went down for three straight weeks and formed a Bullish Flag and pole pattern on the daily time frame. The strong support at $0.00001 had a retest during this decline but eventually the price bounced back above the local support of $0.00001075. At the time of writing Pepe was flickering near $0.0000108 down 3.9% for the day.
This has left a long lower shadow in today's candle and currently this is the formation of a hammer. The flag (descending channel) has been respected throughout this move and we witnessed the retest of first support. Next down $0.000009 is the cushion which will unfortunately add zero but that would be temporary. Though this looks like a least probable scenario.
On the weekly time frame the red has eclipsed this week's move as well but a recovery from here would certainly break the chains.
Today's closing must have to go above $0.00001075.
#pepe⚡ #CPIAlert
Alts Are Pumping Hard After A Deep Blood Bath.
Could this be the beginning?
#altsesaon #CryptoTradingGuide
Could this be the beginning?
#altsesaon #CryptoTradingGuide
$SOL Is Hanging Near Support
Things are looking bearish as Solana broke down it's crucial support of $150 and broke down the ascending channel. After breaking the support trendline it made a low of $127 this week and currently trading above $130, down -13.44% for the week.
The weakness still prevails as the weekly closing is expected below this support trendline. Although a few hours won't make any difference, in case of any reversal the closing inside the channel is not going to be beneficial either.
Since it is trading below the 7DMA, what I expect for the upcoming week is Sol testing the $120 and $100 levels respectively. If not $120 then a bounce back could be expected from the price of $100.
So if you're planning to buy the dip then hold your money for a couple of days more. This could be the final stage of accumulation and as the altseason index says it is still cheap.
#SolanaStrong #LayerZero #CryptoTradingGuide
Things are looking bearish as Solana broke down it's crucial support of $150 and broke down the ascending channel. After breaking the support trendline it made a low of $127 this week and currently trading above $130, down -13.44% for the week.
The weakness still prevails as the weekly closing is expected below this support trendline. Although a few hours won't make any difference, in case of any reversal the closing inside the channel is not going to be beneficial either.
Since it is trading below the 7DMA, what I expect for the upcoming week is Sol testing the $120 and $100 levels respectively. If not $120 then a bounce back could be expected from the price of $100.
So if you're planning to buy the dip then hold your money for a couple of days more. This could be the final stage of accumulation and as the altseason index says it is still cheap.
#SolanaStrong #LayerZero #CryptoTradingGuide
YOUR TRADE IS YOUR RESPONSIBILITY
I've seen people posting screenshots of their ongoing trades (mostly in losses) and asking a public opinion on whether they should hold or exit.
Let me tell a blatant truth that may sound harsh to many of you and some would troll me for this in comments, but you need to hear the truth:
"If You Didn't Ask for any advice before opening the trade, then you must not come seeking advice to decide the fate of the trade."
In investing and trading, one very difficult thing to do is to accept your losses. I've often seen posts on Binance Square from people saying "Hold on to his crypto! It will bounce back for sure, Mark my words!!" and so on. Especially in memecoins who have been the star performers of this bull run ($PEPE , $FLOKI ...). They'll advise you and maybe for once you implement that advice.
What Next?
To be precise they're trying to reassure you to reassure themselves because they themselves are at a loss and have invested much, much too late.
But right now you're losing my friend and if you're thinking that "Not sold, Not lost"(in case of spot), then you're making a huge mistake. Duly my thought process in this post applies for futures, but it holds significance for spot trading as well.
If you know one of your investments is bad and will continue to decrease in value, you shouldn't keep it just because you're at loss on it and on principle, you don't sell at a loss. There are many other opportunities in the market, it's stupid not to take advantage of them by leaving your money at a losing position.
So accept that you made a bad decision and stop asking for advice by posting screenshots. If you believe it has potential and has all the good reasons to bounce back then hold it or else if the opposite is most likely to happen, sell it. Trust me you'll minimise your losses and earn much more, even if you feel like you're lost in the moment.
I hope you'll try to implement this at some point in your journey.
#CryptoTradingGuide
I've seen people posting screenshots of their ongoing trades (mostly in losses) and asking a public opinion on whether they should hold or exit.
Let me tell a blatant truth that may sound harsh to many of you and some would troll me for this in comments, but you need to hear the truth:
"If You Didn't Ask for any advice before opening the trade, then you must not come seeking advice to decide the fate of the trade."
In investing and trading, one very difficult thing to do is to accept your losses. I've often seen posts on Binance Square from people saying "Hold on to his crypto! It will bounce back for sure, Mark my words!!" and so on. Especially in memecoins who have been the star performers of this bull run ($PEPE , $FLOKI ...). They'll advise you and maybe for once you implement that advice.
What Next?
To be precise they're trying to reassure you to reassure themselves because they themselves are at a loss and have invested much, much too late.
But right now you're losing my friend and if you're thinking that "Not sold, Not lost"(in case of spot), then you're making a huge mistake. Duly my thought process in this post applies for futures, but it holds significance for spot trading as well.
If you know one of your investments is bad and will continue to decrease in value, you shouldn't keep it just because you're at loss on it and on principle, you don't sell at a loss. There are many other opportunities in the market, it's stupid not to take advantage of them by leaving your money at a losing position.
So accept that you made a bad decision and stop asking for advice by posting screenshots. If you believe it has potential and has all the good reasons to bounce back then hold it or else if the opposite is most likely to happen, sell it. Trust me you'll minimise your losses and earn much more, even if you feel like you're lost in the moment.
I hope you'll try to implement this at some point in your journey.
#CryptoTradingGuide
Why The German Govt Is Up On Their Toes Selling Bitcoins? 🤨
Why aren't they Holding?
This is ridiculous, whether their intentions are to crash the market or whatever, this isn't stopping the institutions and they're buying more.
Recent acquisition of Microstrategy of over $700M worth of Bitcoins is one prime example and there's more to come.
Crazy is another word for crypto.
#MicroStrategy
Why aren't they Holding?
This is ridiculous, whether their intentions are to crash the market or whatever, this isn't stopping the institutions and they're buying more.
Recent acquisition of Microstrategy of over $700M worth of Bitcoins is one prime example and there's more to come.
Crazy is another word for crypto.
#MicroStrategy
Should You Buy These Star Solana Meme Coins to Hold Forever?
$BONK $BOME $WIF
Solana is a layer 1 blockchain ecosystem that has grown to compete directly with platforms like Ethereum. The protocol is revered for its low cost lightening transaction speeds and its scalability.
According to CoinMarketCap data, Solana is a top ten cryptocurrency worth $61 billion. The token powering the ecosystem, SOL, attracted $2.5 billion in trading volume while trading at $133.
Solana ecosystem's top meme coins dogwifhat, Bonk, and BOOK OF MEME present key buying opportunities after pulling back from all-time highs. Despite the volatility associated with meme coins, they easily pass as cryptos to hold long-term. 📈
Let's find out.
Investors seeking opportunities to grow small crypto portfolios and prefer looking beyond SOL can consider Solana meme coins like WIF, BONK, and BOME. This research is also applicable to well-endowed investors, but further due diligence is called for.
✨ Dogwifhat (WIF)
Dogwifhat is the largest meme coin in the Solana ecosystem. It is a dog-inspired token like Dogecoin and Shiba Inu, however, relatively younger. Although new compared to DOGE and SHIB, WIF has experienced impressive success since late 2023.
Dogwifhat’s success is reflected in the growth in the value of WIF the token powering the project. Trading at $1.98 at the time of writing, WIF boasts a 2,805% surge from the all-time low.
However, due to the correction in crypto prices, dogwifhat is down almost 60% from its all-time high of $4.85. This means investors buying WIF now are receiving a massive discount. Due to the following, the meme coin enjoys it could rally to new heights in 2024 and 2025 making it a worthy investment in June.
✨ Bonk (BONK)
Bonk is the second-largest meme coin in the Solana ecosystem. It boasts a market cap of $1.43 billion while trading at $0.000021. The project gets its liquidity from its burn mechanism, with a maximum supply of 93 trillion tokens and almost 68 trillion in circulation.
The token was introduced via an airdrop to the Solana community in December 2024. It was the first meme coin to launch on the Solana blockchain. Beyond its burn mechanism, Bonk’s value is strongly hinged on its community.
As a highly speculative crypto, investors should expect volatility. Bonk has lost 55% of its value from the record high of $0.000047 achieved on March 4, 2024.
✨BOOK OF MEME (BOME)
Again on the Solana Blockchain, the BOOK OF MEME stands out as a leading meme coin. It was launched in March 2024, attracting the attention of crypto enthusiasts with a focus on memes.
The project has presented itself as the ultimate memes library offering long-term storage on the blockchain. It provides users with tools to create memes.
Its association with the Solana ecosystem gave the token a head start. This triggered a massive price increase with some investors reported to have made huge profits.
After exploding to its ATH of $0.028 shortly after the launch, BOME dropped in value before stabilizing around $0.01. However, the headwinds in the market this week pushed the meme coin lower to $0.0089. Despite trading 940% above its all-time low of $0.000858, BOME is a meme coin with potential for long-term holding.
#LayerZero #Solana_Blockchain
Solana is a layer 1 blockchain ecosystem that has grown to compete directly with platforms like Ethereum. The protocol is revered for its low cost lightening transaction speeds and its scalability.
According to CoinMarketCap data, Solana is a top ten cryptocurrency worth $61 billion. The token powering the ecosystem, SOL, attracted $2.5 billion in trading volume while trading at $133.
Solana ecosystem's top meme coins dogwifhat, Bonk, and BOOK OF MEME present key buying opportunities after pulling back from all-time highs. Despite the volatility associated with meme coins, they easily pass as cryptos to hold long-term. 📈
Let's find out.
Investors seeking opportunities to grow small crypto portfolios and prefer looking beyond SOL can consider Solana meme coins like WIF, BONK, and BOME. This research is also applicable to well-endowed investors, but further due diligence is called for.
✨ Dogwifhat (WIF)
Dogwifhat is the largest meme coin in the Solana ecosystem. It is a dog-inspired token like Dogecoin and Shiba Inu, however, relatively younger. Although new compared to DOGE and SHIB, WIF has experienced impressive success since late 2023.
Dogwifhat’s success is reflected in the growth in the value of WIF the token powering the project. Trading at $1.98 at the time of writing, WIF boasts a 2,805% surge from the all-time low.
However, due to the correction in crypto prices, dogwifhat is down almost 60% from its all-time high of $4.85. This means investors buying WIF now are receiving a massive discount. Due to the following, the meme coin enjoys it could rally to new heights in 2024 and 2025 making it a worthy investment in June.
✨ Bonk (BONK)
Bonk is the second-largest meme coin in the Solana ecosystem. It boasts a market cap of $1.43 billion while trading at $0.000021. The project gets its liquidity from its burn mechanism, with a maximum supply of 93 trillion tokens and almost 68 trillion in circulation.
The token was introduced via an airdrop to the Solana community in December 2024. It was the first meme coin to launch on the Solana blockchain. Beyond its burn mechanism, Bonk’s value is strongly hinged on its community.
As a highly speculative crypto, investors should expect volatility. Bonk has lost 55% of its value from the record high of $0.000047 achieved on March 4, 2024.
✨BOOK OF MEME (BOME)
Again on the Solana Blockchain, the BOOK OF MEME stands out as a leading meme coin. It was launched in March 2024, attracting the attention of crypto enthusiasts with a focus on memes.
The project has presented itself as the ultimate memes library offering long-term storage on the blockchain. It provides users with tools to create memes.
Its association with the Solana ecosystem gave the token a head start. This triggered a massive price increase with some investors reported to have made huge profits.
After exploding to its ATH of $0.028 shortly after the launch, BOME dropped in value before stabilizing around $0.01. However, the headwinds in the market this week pushed the meme coin lower to $0.0089. Despite trading 940% above its all-time low of $0.000858, BOME is a meme coin with potential for long-term holding.
#LayerZero #Solana_Blockchain
$FET $AGIX $OCEAN
Will Become ASI (Artificial Super Intelligence ), that's great 💯 But one question has left me bothered.
What will happen to the Fetch tokens who have put it on locked staking?
Those who are either familiar or not with "Binance Earn", you can earn passive income by staking your tokens in either Flexible or Locked staking.
Major Difference:
In flexible staking you can anytime redeem the number of tokens as per your preference and leave the rest or you can redeem the entire lot. The APR in this case is much low as compared to locked staking and almost every coin listed in Binance can be staked in this scheme.
Whereas in case of locked staking your tokens will be locked for a certain time period as per choices available and premature redemption will lead to the deduction of heavy charges from Binance. The APR in this case is much higher as compared to flexible and not every coin listed in Binance qualifies under this scheme.
So, I've put Fet tokens under locked Staking and earned decent returns till date. With all the buzz going around, the spot positions in these three coins will be automatically converted to ASI tokens. I've gone through the conversation rate as well.
Are the Fet tokens under locked staking will be anyhow affected?
Please anyone who can throw some light on this particular situation will really appreciate it.
Thanks for reading.
#ASI #fet.ai
Will Become ASI (Artificial Super Intelligence ), that's great 💯 But one question has left me bothered.
What will happen to the Fetch tokens who have put it on locked staking?
Those who are either familiar or not with "Binance Earn", you can earn passive income by staking your tokens in either Flexible or Locked staking.
Major Difference:
In flexible staking you can anytime redeem the number of tokens as per your preference and leave the rest or you can redeem the entire lot. The APR in this case is much low as compared to locked staking and almost every coin listed in Binance can be staked in this scheme.
Whereas in case of locked staking your tokens will be locked for a certain time period as per choices available and premature redemption will lead to the deduction of heavy charges from Binance. The APR in this case is much higher as compared to flexible and not every coin listed in Binance qualifies under this scheme.
So, I've put Fet tokens under locked Staking and earned decent returns till date. With all the buzz going around, the spot positions in these three coins will be automatically converted to ASI tokens. I've gone through the conversation rate as well.
Are the Fet tokens under locked staking will be anyhow affected?
Please anyone who can throw some light on this particular situation will really appreciate it.
Thanks for reading.
#ASI #fet.ai
$HBAR Frankfurt Exchange Welcomes First HBAR ETP by Valour Inc.
In a historic moment for the cryptocurrency industry, Valour Inc., a subsidiary of DeFi Technologies, has teamed up with The Hashgraph Association to launch the world's first Valour Hedera (HBAR) Exchange Traded Product (ETP). This groundbreaking product was introduced during the closing bell ceremony at the Frankfurt Stock Exchange on June 18, drawing significant attention from investors and industry insiders alike.
📊 A New Era in Crypto ETPs
The introduction of the HBAR ETP marks a significant milestone, as it is the first of its kind to provide direct exposure to the Hedera cryptocurrency. Valour Inc., known for its innovative digital asset ETPs, continues to expand its global presence with this new offering. The HBAR ETP follows the recent trend of cryptocurrency-backed ETPs, such as Bitcoin (BTC) and Ethereum (ETH) ETPs, but stands out by focusing on Hedera's unique technology and potential.
👇🏼Future Prospect
The launch of the Valour Hedera (HBAR) ETP represents a significant step forward in the evolution of cryptocurrency investment products. By providing a regulated and accessible way to invest in Hedera, Valour Inc. and The Hashgraph Association are paving the way for broader adoption of blockchain technology in the financial sector. As the crypto market continues to mature, innovative products like the HBAR ETP will play a crucial role in bridging the gap between traditional finance and the emerging world of digital assets.
In conclusion, the collaboration between Valour Inc. and The Hashgraph Association to launch the HBAR ETP is a landmark event in the cryptocurrency space. It not only offers investors a new avenue for portfolio diversification but also highlights the growing importance of blockchain technology in the global financial landscape.
*This is not investment advice, please #DYOR* before any trade.
#BinanceTournament
In a historic moment for the cryptocurrency industry, Valour Inc., a subsidiary of DeFi Technologies, has teamed up with The Hashgraph Association to launch the world's first Valour Hedera (HBAR) Exchange Traded Product (ETP). This groundbreaking product was introduced during the closing bell ceremony at the Frankfurt Stock Exchange on June 18, drawing significant attention from investors and industry insiders alike.
📊 A New Era in Crypto ETPs
The introduction of the HBAR ETP marks a significant milestone, as it is the first of its kind to provide direct exposure to the Hedera cryptocurrency. Valour Inc., known for its innovative digital asset ETPs, continues to expand its global presence with this new offering. The HBAR ETP follows the recent trend of cryptocurrency-backed ETPs, such as Bitcoin (BTC) and Ethereum (ETH) ETPs, but stands out by focusing on Hedera's unique technology and potential.
👇🏼Future Prospect
The launch of the Valour Hedera (HBAR) ETP represents a significant step forward in the evolution of cryptocurrency investment products. By providing a regulated and accessible way to invest in Hedera, Valour Inc. and The Hashgraph Association are paving the way for broader adoption of blockchain technology in the financial sector. As the crypto market continues to mature, innovative products like the HBAR ETP will play a crucial role in bridging the gap between traditional finance and the emerging world of digital assets.
In conclusion, the collaboration between Valour Inc. and The Hashgraph Association to launch the HBAR ETP is a landmark event in the cryptocurrency space. It not only offers investors a new avenue for portfolio diversification but also highlights the growing importance of blockchain technology in the global financial landscape.
*This is not investment advice, please #DYOR* before any trade.
#BinanceTournament
🚨🚨🚨 BIG BREAKING 🚨🚨🚨
🇺🇸 U.S. SEC HAS PERMANENTLY SUSPENDED ITS INVESTIGATION INTO ETHEREUM. 💥✨🎉
ETH ETF trading will start within the next 3 weeks.
This will be the beginning of the biggest crypto Altseason. 🚀🚀🚀
Now, I'm sure that this is the last opportunity to grab those Alts at the cheapest price possible.
Go get em.
#ETHETFsApproved
🇺🇸 U.S. SEC HAS PERMANENTLY SUSPENDED ITS INVESTIGATION INTO ETHEREUM. 💥✨🎉
ETH ETF trading will start within the next 3 weeks.
This will be the beginning of the biggest crypto Altseason. 🚀🚀🚀
Now, I'm sure that this is the last opportunity to grab those Alts at the cheapest price possible.
Go get em.
#ETHETFsApproved
$PEPE Forming A Hammer On Daily 📈
Could this be the point of reversal? As the market is already oversold, here is some hint of fresh money that could fuel some life back into the dead.
📊 After a steep decline from the highs of $0.00001725, Pepe went down for three straight weeks and formed a Bullish Flag and pole pattern on the daily time frame. The strong support at $0.00001 had a retest during this decline but eventually the price bounced back above the local support of $0.00001075. At the time of writing Pepe was flickering near $0.0000108 down 3.9% for the day.
This has left a long lower shadow in today's candle and currently this is the formation of a hammer. The flag (descending channel) has been respected throughout this move and we witnessed the retest of first support. Next down $0.000009 is the cushion which will unfortunately add zero but that would be temporary. Though this looks like a least probable scenario.
On the weekly time frame the red has eclipsed this week's move as well but a recovery from here would certainly break the chains.
Today's closing must have to go above $0.00001075.
#pepe⚡ #CPIAlert
Could this be the point of reversal? As the market is already oversold, here is some hint of fresh money that could fuel some life back into the dead.
📊 After a steep decline from the highs of $0.00001725, Pepe went down for three straight weeks and formed a Bullish Flag and pole pattern on the daily time frame. The strong support at $0.00001 had a retest during this decline but eventually the price bounced back above the local support of $0.00001075. At the time of writing Pepe was flickering near $0.0000108 down 3.9% for the day.
This has left a long lower shadow in today's candle and currently this is the formation of a hammer. The flag (descending channel) has been respected throughout this move and we witnessed the retest of first support. Next down $0.000009 is the cushion which will unfortunately add zero but that would be temporary. Though this looks like a least probable scenario.
On the weekly time frame the red has eclipsed this week's move as well but a recovery from here would certainly break the chains.
Today's closing must have to go above $0.00001075.
#pepe⚡ #CPIAlert
📢📢 ALWAYS REMEMBER THIS
.
.
Alts massive rally always starts with ETH, so until and unless ETH makes a new ATH, Altseason won't start.
Here are some reasons behind the alts flash crash 👇🏼
.
In the past 24 hours, several large caps have dumped 15%–20% despite Bitcoin's 3% corrections.
1) No new narrative
In Q1, memecoins pumped because of presale hype.
In Q2, RWA coins pumped because of BlackRock. But right now, there's no such narrative that is bringing new liquidity.
2) ETH ETF trading delay
Despite the ETH ETF getting approved a month ago, trading hasn't even started yet.
It could take another 3 weeks before the trading starts, which has caused the sentiment to shift from alts.
3) Too much greed
Celebrities are launching their memecoins and they are posting their Solana tattoo images.
Retailers are posting their million dollar memecoin P&L screenshots.
All these are signs of greed, which has always resulted in a crash.
🗓️ So, when will the market recover?
Alts recovery is now mostly dependent on ETH. If the ETH ETF is able to bring in good inflows, just like BTC, the next altseason will start.
This could even lead to institutions applying for other altcoins ETF, which will set the next big narrative.
Until then, most alts are in completely oversold territory, and historically, buying fear has always yielded great returns. 🔥🔥
*This is not investment advice. Please #DYOR* before opening any trade.
#ETHETFsApproved
.
.
Alts massive rally always starts with ETH, so until and unless ETH makes a new ATH, Altseason won't start.
Here are some reasons behind the alts flash crash 👇🏼
.
In the past 24 hours, several large caps have dumped 15%–20% despite Bitcoin's 3% corrections.
1) No new narrative
In Q1, memecoins pumped because of presale hype.
In Q2, RWA coins pumped because of BlackRock. But right now, there's no such narrative that is bringing new liquidity.
2) ETH ETF trading delay
Despite the ETH ETF getting approved a month ago, trading hasn't even started yet.
It could take another 3 weeks before the trading starts, which has caused the sentiment to shift from alts.
3) Too much greed
Celebrities are launching their memecoins and they are posting their Solana tattoo images.
Retailers are posting their million dollar memecoin P&L screenshots.
All these are signs of greed, which has always resulted in a crash.
🗓️ So, when will the market recover?
Alts recovery is now mostly dependent on ETH. If the ETH ETF is able to bring in good inflows, just like BTC, the next altseason will start.
This could even lead to institutions applying for other altcoins ETF, which will set the next big narrative.
Until then, most alts are in completely oversold territory, and historically, buying fear has always yielded great returns. 🔥🔥
*This is not investment advice. Please #DYOR* before opening any trade.
#ETHETFsApproved
🚫🚫 ATTENTION PLEASE 🚫🚫
If you trade in the Futures, then read this.
LEVERAGE IS THE NAME OF ONE BIG DISASTER IN THE MARKET
I have mentioned it many times "Don't try futures, and don't use leverage if you're new to crypto. Even if you've spent 3-4 years in this sphere, please don't." But this is not what I'm going to talk about now. This time I'm going to explain the impact of leverage on the movements in the crypto market. So pay attention because this is important.
Firstly let's understand how leverage works.
Suppose you opened a trade to buy with $500 with 10X leverage, it will act as if you had $5000 in your account. So, how does this work? The exchanges (here Binance) will simply lend you $4500 and in exchange for that, if the price drops by 10% (your $5000 will turn into $4500), then your position is automatically closed to prevent you from being indebted towards the exchange. You are what is called "liquidated".
When you get liquidated in a long position, at the moment of your liquidation, it instantly creates a market sell off: it means that your remaining $4500 is sold so that Binance can recover it's money.
Now let's take this phenomena and apply it on a much larger scale. Imagine that 100000 traders enter long with 10X leverage on ETH at 3 different levels : at $2.8K, $3K & $3.2K. Let's imagine the price drops to $2.7K, a -10% from $3K. Here the traders who entered will get liquidated & thus trigger massive sell orders in the market which will strongly push down the price of ETH and could further go down to $2.5K due to massive liquidations which will trigger the liquidations of those who entered at $2.8K and so on...This is known as cascading liquidations.
When too many people open positions with leverage, it creates a risk of very strong and rapid liquidations, which can create "FLASH CRASHES", that is, moments of a few minutes where ETH can go down 15-20%. This works the same in traditional finance, on the scale of banks/ hedge funds and so on... But I'm not here to lecture on that.
Hope you'll take it seriously.
#AirdropGuide
If you trade in the Futures, then read this.
LEVERAGE IS THE NAME OF ONE BIG DISASTER IN THE MARKET
I have mentioned it many times "Don't try futures, and don't use leverage if you're new to crypto. Even if you've spent 3-4 years in this sphere, please don't." But this is not what I'm going to talk about now. This time I'm going to explain the impact of leverage on the movements in the crypto market. So pay attention because this is important.
Firstly let's understand how leverage works.
Suppose you opened a trade to buy with $500 with 10X leverage, it will act as if you had $5000 in your account. So, how does this work? The exchanges (here Binance) will simply lend you $4500 and in exchange for that, if the price drops by 10% (your $5000 will turn into $4500), then your position is automatically closed to prevent you from being indebted towards the exchange. You are what is called "liquidated".
When you get liquidated in a long position, at the moment of your liquidation, it instantly creates a market sell off: it means that your remaining $4500 is sold so that Binance can recover it's money.
Now let's take this phenomena and apply it on a much larger scale. Imagine that 100000 traders enter long with 10X leverage on ETH at 3 different levels : at $2.8K, $3K & $3.2K. Let's imagine the price drops to $2.7K, a -10% from $3K. Here the traders who entered will get liquidated & thus trigger massive sell orders in the market which will strongly push down the price of ETH and could further go down to $2.5K due to massive liquidations which will trigger the liquidations of those who entered at $2.8K and so on...This is known as cascading liquidations.
When too many people open positions with leverage, it creates a risk of very strong and rapid liquidations, which can create "FLASH CRASHES", that is, moments of a few minutes where ETH can go down 15-20%. This works the same in traditional finance, on the scale of banks/ hedge funds and so on... But I'm not here to lecture on that.
Hope you'll take it seriously.
#AirdropGuide
This cycle has actually been quite tough so far.
.
.
If you feel like everyone around you is making money and you aren't - don't be fooled.
If you're struggling then you certainly aren't alone.
🚫 Most altcoins have underperformed vs Bitcoin.
Only select narratives have been outperforming (memes, AI, RWA etc. - most utility/infra plays have barely moved this cycle). This has made it extremely tempting to reallocate capital - but this constant narrative hopping can be detrimental.
Even rotations within those select narratives have been hard to time - usually resulting in the whales significantly outperforming and betas hardly catching up (and drawing down harder on retraces).
And even with memes, outside of the majors - it has largely been the "throw a dart and hope" approach that has exhibited efficacy unless you're full time degening.
✅ However, what can YOU do to increase your odds of success?
1. Trade less. Prioritise high conviction trades, and sit potentially if there are no attractive opportunities present.
2. Prioritise sector whales > betas. If a narrative has staying power - you can catch a late rotation, but leading with beta exposure hasn't been effective this cycle thus far.
3. Use periods of apathy to master your craft. During bull mania, it's hard to focus. Sideways/boring conditions are a blessing as it gives you a chance to research, plan, and upskill with less distractions.
There are still endless opportunities in this space, but I wanted to remind you today that if you're NOT finding them - you're certainly not alone. Despite what many "influencers" may have you believe, this cycle has been challenging for many.
#bullrun2024📈📈 #altcoins #BlackRock #ETHETFsApproved #AirdropGuide
.
.
If you feel like everyone around you is making money and you aren't - don't be fooled.
If you're struggling then you certainly aren't alone.
🚫 Most altcoins have underperformed vs Bitcoin.
Only select narratives have been outperforming (memes, AI, RWA etc. - most utility/infra plays have barely moved this cycle). This has made it extremely tempting to reallocate capital - but this constant narrative hopping can be detrimental.
Even rotations within those select narratives have been hard to time - usually resulting in the whales significantly outperforming and betas hardly catching up (and drawing down harder on retraces).
And even with memes, outside of the majors - it has largely been the "throw a dart and hope" approach that has exhibited efficacy unless you're full time degening.
✅ However, what can YOU do to increase your odds of success?
1. Trade less. Prioritise high conviction trades, and sit potentially if there are no attractive opportunities present.
2. Prioritise sector whales > betas. If a narrative has staying power - you can catch a late rotation, but leading with beta exposure hasn't been effective this cycle thus far.
3. Use periods of apathy to master your craft. During bull mania, it's hard to focus. Sideways/boring conditions are a blessing as it gives you a chance to research, plan, and upskill with less distractions.
There are still endless opportunities in this space, but I wanted to remind you today that if you're NOT finding them - you're certainly not alone. Despite what many "influencers" may have you believe, this cycle has been challenging for many.
#bullrun2024📈📈 #altcoins #BlackRock #ETHETFsApproved #AirdropGuide
$NOT The Action Continues 💥🚀🚀
From $0.015 to almost $0.022 in just 4 days, a surge of nearly 50%.
At a time when the entire market is going through a rough patch, Not has turned to be a game changer and back again with strong momentum after a decline that ran for a week.
After yesterday's rejection from the crucial resistance of $0.02, Not held strong at $0.019 and broke the shackles again with ease today.
With this momentum breakout, the day's close above $0.021 seems almost evident on the cards. The next hurdle lies at $0.023 and this will be a testing zone for Not. Let's not forget it bounced back with a solid volume, so the shift in momentum could be a catalyst to hold the top and continue further.
#notcoinprediction #altcoins #BTCFOMCWatch #NOTCOİN #FIT21
$NOT
From $0.015 to almost $0.022 in just 4 days, a surge of nearly 50%.
At a time when the entire market is going through a rough patch, Not has turned to be a game changer and back again with strong momentum after a decline that ran for a week.
After yesterday's rejection from the crucial resistance of $0.02, Not held strong at $0.019 and broke the shackles again with ease today.
With this momentum breakout, the day's close above $0.021 seems almost evident on the cards. The next hurdle lies at $0.023 and this will be a testing zone for Not. Let's not forget it bounced back with a solid volume, so the shift in momentum could be a catalyst to hold the top and continue further.
#notcoinprediction #altcoins #BTCFOMCWatch #NOTCOİN #FIT21
$NOT
📉 THESE ARE TESTING TIMES
A time that will either make you or break you.
If you bow down to survive the storm, it doesn't mean that you're weak. It means you're getting stronger enough to face even bigger storms.
Hold onto your bags fam, these are tough times.
And tough times don't last long.
Stay strong and try to buy the dip.
#altcoins #BTCFOMCWatch #BinanceTournament #BTCFOMCWatch #buythedip
A time that will either make you or break you.
If you bow down to survive the storm, it doesn't mean that you're weak. It means you're getting stronger enough to face even bigger storms.
Hold onto your bags fam, these are tough times.
And tough times don't last long.
Stay strong and try to buy the dip.
#altcoins #BTCFOMCWatch #BinanceTournament #BTCFOMCWatch #buythedip
$NOT Your Confidence Will Grow 🚀🚀
When you spot the right entry and have conviction in the trade.
It's not about buying the exact bottom, it's about buying the right price at the right time. I was bullish about Not from the very first day, it was just about waiting for the right opportunity.
Hoping for a close above $0.02 today.
#NOT🔥🔥🔥 #notcoinprediction #CPIAlert #BTCFOMCWatch #altcoins
$NOT
When you spot the right entry and have conviction in the trade.
It's not about buying the exact bottom, it's about buying the right price at the right time. I was bullish about Not from the very first day, it was just about waiting for the right opportunity.
Hoping for a close above $0.02 today.
#NOT🔥🔥🔥 #notcoinprediction #CPIAlert #BTCFOMCWatch #altcoins
$NOT
$NOT Cleared The Falling Wedge Test 🚀🚀
It's the "PIERCING CANDLE" that has made this breakout possible and the reversal has finally started.
So, let's delve into analysing the facts fuelling this reversal.
📊 As per the R/S levels I mentioned in the earlier post the price ticked all the boxes during the steady decline forming a falling wedge triangle pattern. The support proved to be strong at $0.015 and this is the point where the turnaround started.
Now when a green candle rises from the support and closes above the mid-line of the previous red candle (which is strong in volume), then such a pattern is called a piercing pattern. Though a gap down opening of the green candle validates this pattern 100%, but even a flat opening of the green candle is enough to prove its mettle.
This formation is one big signal of a REVERSAL without any second thought.
As of now Not has shattered past all the resistances of $0.016, $0.017 with ease & trading comfortably above $0.0185 at the time of writing, up more than 20% for the day.
📌 Now, the next hurdle stands at $0.02 which is the most important level, a kind of make or break. But with all the past analysis and current metrics, there's a slim chance of Not facing a steep decline if rejected at this resistance of $0.02 as there has been enough decline from the top.
So friends the reversal has started. Can we witness Not breaking past $0.03 this week? That would be a little tough task, but surely we will see Not hitting a new ATH this month if this momentum continues.
#NOT🔥🔥🔥 #Notcoinnews #CPIAlert #TopCoinsJune2024 #altcoins
$NOT
It's the "PIERCING CANDLE" that has made this breakout possible and the reversal has finally started.
So, let's delve into analysing the facts fuelling this reversal.
📊 As per the R/S levels I mentioned in the earlier post the price ticked all the boxes during the steady decline forming a falling wedge triangle pattern. The support proved to be strong at $0.015 and this is the point where the turnaround started.
Now when a green candle rises from the support and closes above the mid-line of the previous red candle (which is strong in volume), then such a pattern is called a piercing pattern. Though a gap down opening of the green candle validates this pattern 100%, but even a flat opening of the green candle is enough to prove its mettle.
This formation is one big signal of a REVERSAL without any second thought.
As of now Not has shattered past all the resistances of $0.016, $0.017 with ease & trading comfortably above $0.0185 at the time of writing, up more than 20% for the day.
📌 Now, the next hurdle stands at $0.02 which is the most important level, a kind of make or break. But with all the past analysis and current metrics, there's a slim chance of Not facing a steep decline if rejected at this resistance of $0.02 as there has been enough decline from the top.
So friends the reversal has started. Can we witness Not breaking past $0.03 this week? That would be a little tough task, but surely we will see Not hitting a new ATH this month if this momentum continues.
#NOT🔥🔥🔥 #Notcoinnews #CPIAlert #TopCoinsJune2024 #altcoins
$NOT
LIVEThe Crypto Anatomy
--
صاعد
$NOT Finally Breaks Out 🚀🚀🚀
The reversal has begun and finally I decided to enter yesterday after a long waiting period. And it was worth it. 💰💰
Got around $30 worth of tokens and already more than 20% up.
Coming up with technical analysis and the reason spotted for this breakout from the falling wedge. 🔥🔥
#notcoinprediction #TopCoinsJune2024 #NOT🔥🔥🔥 #CPIAlert #altcoins
$NOT
The reversal has begun and finally I decided to enter yesterday after a long waiting period. And it was worth it. 💰💰
Got around $30 worth of tokens and already more than 20% up.
Coming up with technical analysis and the reason spotted for this breakout from the falling wedge. 🔥🔥
#notcoinprediction #TopCoinsJune2024 #NOT🔥🔥🔥 #CPIAlert #altcoins
$NOT
$FLOKI Hammer Candle Spotted 🔥🔥
Signs of a possible reversal??
After requests from a few members of the fam, this is a very crucial price level where Floki is hanging around.
📊 On the 4H time frame after a continuous downtrend for almost a week a hammer has formed after taking support at $0.00022 which is a strong support price. Usually after a long downtrend, the appearance of a hammer candle signals the start of a possible reversal.
Currently, the price is staying above $0.00024 which is the current support and a closing above this will make sure that the rally is on the cards.
Previously the price moved sideways between $0.00024 & $0.00026 and was stuck for a few days before the big breakout from the ascending channel. So we might see that getting repeated once more.
This could be a good zone for accumulation, after the high of $0.00035 was hit just a week ago.
📊 Now moving on to the daily chart, the decline led the move fall into the ascending channel again and all looks good as long as it's moving within the channel.
The decline has been enough as per expectations and after the release of the US CPI Data positive sentiments are back again among investors.
#FLOKISKYROCKET #FLOKI? #CPIAlert #TopCoinsJune2024 #mememcoinseason2024
$FLOKI
Signs of a possible reversal??
After requests from a few members of the fam, this is a very crucial price level where Floki is hanging around.
📊 On the 4H time frame after a continuous downtrend for almost a week a hammer has formed after taking support at $0.00022 which is a strong support price. Usually after a long downtrend, the appearance of a hammer candle signals the start of a possible reversal.
Currently, the price is staying above $0.00024 which is the current support and a closing above this will make sure that the rally is on the cards.
Previously the price moved sideways between $0.00024 & $0.00026 and was stuck for a few days before the big breakout from the ascending channel. So we might see that getting repeated once more.
This could be a good zone for accumulation, after the high of $0.00035 was hit just a week ago.
📊 Now moving on to the daily chart, the decline led the move fall into the ascending channel again and all looks good as long as it's moving within the channel.
The decline has been enough as per expectations and after the release of the US CPI Data positive sentiments are back again among investors.
#FLOKISKYROCKET #FLOKI? #CPIAlert #TopCoinsJune2024 #mememcoinseason2024
$FLOKI
$NOT Finally Breaks Out 🚀🚀🚀
The reversal has begun and finally I decided to enter yesterday after a long waiting period. And it was worth it. 💰💰
Got around $30 worth of tokens and already more than 20% up.
Coming up with technical analysis and the reason spotted for this breakout from the falling wedge. 🔥🔥
#notcoinprediction #TopCoinsJune2024 #NOT🔥🔥🔥 #CPIAlert #altcoins
$NOT
The reversal has begun and finally I decided to enter yesterday after a long waiting period. And it was worth it. 💰💰
Got around $30 worth of tokens and already more than 20% up.
Coming up with technical analysis and the reason spotted for this breakout from the falling wedge. 🔥🔥
#notcoinprediction #TopCoinsJune2024 #NOT🔥🔥🔥 #CPIAlert #altcoins
$NOT