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🚨🔥 _Breaking News!_ 🤯

🇺🇸 _Winklevoss Twins Make a Bold Move!_ 💥

_Tyler and Cameron Winklevoss Donate 30.94 BTC_ 📈

_Worth Over $2 Million to Support Donald Trump_ 💸

_To "End the Biden Administration's War on Crypto"_ 🤝

_Crypto Battle Lines Drawn!_ 🔜🚀

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_Twins Stand Up for Crypto Freedom!_ 💪 #Winklevoss #Trump #CryptoWar #apCryptoCalls
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chart candles
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Want to know how understand Candles? Read this article - Practical Guide
Intraday trading is a method of investing in cryptocurrencies where the trader buys and sells cryptocurrencies on the same day without any open positions left by the end of the day. Hence, intraday traders try to either purchase a cryptocurrency at a low price and sell it higher or short-sell a cryptocurrency at a high price and buy it lower within the same day. This requires a good understanding of the market and relevant information that can help them make the right decisions. In the cryptocurrency market, the price of a cryptocurrency is determined by its demand and supply among other factors.
Tools such as candlestick chart patterns offer great help to traders. We will talk about these Candlestick Charts and offer steps to help you read them.

What are Candlestick Graphs/Charts?
Candlesticks are a visual representation of the size of price fluctuations. Traders use these charts to identify patterns and gauge the near-term direction of price in the cryptocurrency market.
Composition of a Candlestick Chart
This is how a candlestick chart pattern looks like:


As you can see, there are several horizontal bars or candles that form this chart. Each candle has three parts:
The BodyUpper ShadowLower Shadow


Also, the body is colored either Red or Green. Each candle is a representation of a time period and the data corresponds to the trades executed during that period.
A candle has four points of data:

How to Analyze Candlestick Chart for Cryptocurrencies
The body of the candle in a candlestick chart represents the opening and closing price of the trading done during the period for a particular cryptocurrency. Understanding this is crucial for candlestick trading. Traders can quickly see the price range of the cryptocurrency for the said period by looking at the chart. Moreover, the color of the body indicates whether the price is rising or falling. For instance, if a candlestick chart for a month with each candle representing a day has more consecutive red candles, then traders know that the cryptocurrency's price is falling.
Vertical lines called wicks or shadows above and below the body show the highs and lows of the traded price of the cryptocurrency. Traders can use this information to analyze the sentiment of the market towards the cryptocurrency.
Candlestick Chart Patterns
Candlestick charts are an excellent way of understanding investor sentiment and the relationship between demand and supply, bears and bulls, greed and fear, etc., in the cryptocurrency market. Traders must remember that while an individual candle provides sufficient information, patterns can be determined only by comparing one candle with its preceding and next candles. To benefit from them, it is important that traders understand patterns in candlestick charts.
Let's divide the patterns into two sections:
Bullish PatternsBearish Patterns
Analyzing these patterns can help traders make informed decisions about buying or selling cryptocurrencies.
Bullish Patterns
Hammer pattern
This is a candle with a short body and a long lower wick. It is usually located at the bottom of a downward trend. It indicates that despite selling pressures, a strong buying surge pushed the prices up. If the body is green, it indicates a stronger bull market than a red body.


Inverse Hammer pattern
This is a candle with a short body and a long upper wick. It is usually located at the bottom of a downward trend too. It indicates buying pressure followed by selling pressure. It also indicates that buyers will soon have control.


Bullish Engulfing pattern
This is a pattern of two candlesticks where the first candle is a short red one engulfed by a large green candle. It indicates a bullish market that pushes the price up despite opening lower than the previous day.


Piercing Line pattern
This is a two-candle pattern having a long red candle followed by a long green candle. Also, the closing price of the second candle must be more than half-way up the body of the first candle. This indicates strong buying pressure.


Morning Star pattern
This is a three-candle pattern that has one candle with a short body between one long red and a long green candle. There is usually no overlap between the short and the long candles. This is an indication of the reduction of the selling pressure and the onset of a bull market.


Three White Soldiers pattern
This is a three-candle pattern that has three green candles with small wicks. These candles open and close higher than the previous day. After a downtrend, this is a strong indication of an upcoming bull trend.


Bearish Patterns
Hanging Man pattern
This is a candle with a short body and a long lower wick. It is usually located at the top of an upward trend. It indicates that the selling pressures were stronger than the buying thrust. It also indicates that bears are gaining control of the market.


Shooting Star pattern
This is a candle with a short body and a long upper wick. It is usually located at the top of an upward trend too. Usually, the market opens higher than the previous day and rallies a bit before crashing like a shooting star. It indicates selling pressure taking over the market.


Bearish Engulfing pattern
In candlestick chart analysis, this is a pattern of two candlesticks where the first candle is a short green one engulfed by a large red candle. It usually occurs at the top of an upward trend. It indicates a slowdown in the market rise and an upcoming downtrend. If the red candle is lower, the downtrend is usually more significant.


Evening Star pattern
This is a three-candle pattern that has one candle with a short body between one long red and a long green candle. There is usually no overlap between the short and the long candles. This is an indication of the reversal of an upward trend. This is more significant if the third candle overcomes the gains of the first candle.


Three Black Crows pattern
This is a three-candle pattern that has three consecutive red candles with short wicks. These candles open and close lower than the previous day. After an upward trend, this is a strong indication of an upcoming bear market.


Chart patterns can be used to understand trends and sentiment of the cryptocurrency markets. There are several other patterns to explore in order to gain a deeper understanding of market movements. Use this as a starting point and continue to learn and refine your analysis skills.

Happy trades and successful investments!💪👊
@Crypto Insiders

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🚀🚀😱2 Solana Meme Coin May Experience Big Increase This June😱🚀🚀

1.DogWifHat
Dogwifhat or #WIF , is our number one Solana-based meme coin that is currently in the race to defeat all odds. Per CoinMarketcap, $WIF is up 9% in the last 24 hours, trading at $3.50 in the last 24 hours. The token has planned a remarkable price ascent for itself in the near future, as Coincodex predictions further magnify and calibrate.

Per CoinCodex, DogWifHat may continue to show a series of stellar price peaks throughout June. By the end of the month, WIF is predicted to spike by 228% to trade a new price mark of $11.

“According to our current Dogwifhat price prediction, the price of Dogwifhat may rise by 228.14% and reach $ 11.52 by July 5, 2024. Per our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 75 (Greed). Dogwifhat recorded 12/30 (40%) green days with 9.20% price volatility over the last 30 days.”

2.$BONK
#BONK is another promising crypto coin launched on the Solana blockchain. Per CoinMarketcap, BONK has projected a remarkable price ascent from the start and is currently trading at $0.00003443, up 8% in the last 24 hours. The token has lately been amping up its game and is up by nearly 27% in the last month.

Per CoinCodex, BONK will continue to project a bullish price stance and may trade at a new price pedestal this June.

According to CC, BONK may spike by nearly 228% to trade at a stellar price peak of $0.000116 by the end of this month.
“According to our current Bonk price prediction, the price of Bonk may rise by 230.57% and reach $0.000116 by July 5, 2024. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 75 (greed). Bonk recorded 14/30 (47%) green days with 18.66% price volatility over the last 30 days.”
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Why did BTC start to fall sharply just after breaking 70,000⁉Because Buffett's company turned to zero 10 minutes ago‼ Whether it will trigger a global financial earthquake is still unknown‼
At the same time, many bankers in the US stock market, including Buffett's Berkshire Hathaway, fell below 98%, and Nasdaq urgently suspended trading of multiple stocks.
Will it trigger a sharp drop in the US stock market and give shorts a chance to get rich‼ ‼
In the live broadcast just now, I also said that Bitcoin has reached the key pressure level of 70,200. At the same time, Ethereum has formed a double top structure twice in a row at 3853. You can try to open a short position
Just after I said that, the US stock market had a big earthquake. It was such a coincidence. #MayNonFarmDataComingSoon #MegadropLista
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$WIF I just closed my long position near 3.84 but I re opened long around 3.80 cause its potential is much higher than expected so I'm looking forward 4.1 and up. I also looking at 3.75 around entry is good opportunity to enter. If it falls below my entry I will buy again to keep my position
$WIF I just closed my long position near 3.84 but I re opened long around 3.80 cause its potential is much higher than expected so I'm looking forward 4.1 and up. I also looking at 3.75 around entry is good opportunity to enter. If it falls below my entry I will buy again to keep my position
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$WIF nice entry appears again
$WIF nice entry appears again
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$WIF only thing keeps puuling up the market is patience and belief. It is not the graph or pattern anymore
$WIF only thing keeps puuling up the market is patience and belief. It is not the graph or pattern anymore
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$WIF Next wave is coming. 3.25 up
$WIF Next wave is coming. 3.25 up
follow the trend take your position TP/SL
follow the trend take your position TP/SL
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$WIF /USDT Technical Analysis:
On the daily timeframe, #WIF exhibits a ‘Bullish Pennant Pattern.’ If the price successfully retests the level, we could witness a bullish move toward approximately $4.2370. Keep a close watch on the price action for potential trading opportunities. 📈🚀

Remember to do your own research (DYOR) before making any trading decisions! 🙌💡

#WIF #Cryptocurrency #Breakout #DYOR
$WIF 2.97 2.98 entry SL 2.95
$WIF 2.97 2.98 entry
SL 2.95
$WIF follow the trend TP SL
$WIF follow the trend TP SL
WWow
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Whale Alert! $18.23 Million PEPE Hoarded in Just Three Days - Is a Massive Crash Coming? 🚨🐋

Just One Click To Get USDT Rewards

In a shocking move, a crypto whale has amassed a staggering $18.23 million worth of $PEPE in just three days. This could be a strong signal that a massive crash is on the horizon for PEPE.

Starting on May 22, the whale, using an address beginning with 0x837, began transferring a whopping 1.32 trillion PEPE tokens from Binance, at an average price of $0.00001378 each. This massive transfer not only resulted in market gains of about $90,000 but also likely played a significant role in the recent price surge of PEPE.

However, such large-scale movements often trigger market instability. The sheer volume of the whale’s holdings and transfers could disrupt the supply-demand balance. If the whale decides to dump their PEPE holdings suddenly, the market could be flooded, driving prices down significantly.

Moreover, this transfer activity might serve as a market signal, prompting other investors to follow suit and sell off their PEPE, further increasing the risk of a price drop. Despite the current price uptick, this whale's actions could very well be the prelude to a major PEPE crash.

Investors should stay vigilant and implement robust risk management strategies to navigate the potential market volatility ahead.$PEPE

#PEPE‏ #ETHETFsApproved #FIT21
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Lets share some good vibes. I earned a lot from #WIF_Usdt also lost some. But I still believing in WIF HAT
Lets share some good vibes. I earned a lot from #WIF_Usdt also lost some. But I still believing in WIF HAT
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Pundit predicts Dogwifhat will reach $10 amid short liquidations

Unipcs (Bonk Guy), a crypto trader and analyst, remains enthusiastic on Dogwifhat. He said this when detailing short traders' losses because to meme coin bearishness.

Dogwifhat Reaching $10

Unipcs said on X (previously Twitter) that Dogwifhat is “headed to $10” and will never dip below $1 again. As the market is in a meme coin supercycle, he feels the currency may rise. The crypto trader stated WIF shorts were “getting squeezed hard” and this is “way it should be.”

Apart from Dogwifhat, Unipcs is optimistic on meme currencies. He was known for buying Bonk, another Solana-based meme currency, with $16,000 in October 2023 and still holding when he last updated the transaction. According to his update, his unrealized profit reached $13.7 million.

Considering meme coins are one of the main themes in this bull run, Unipcs's bullishness is hardly unexpected. With YTD increases of nearly 1,800% and 1,000%, meme currencies Dogwifhat and Pepe (PEPE) are this year's best-performing top 50 coins by market cap.

UNIPCS isn't the only one that thinks WIF might reach $10. Another crypto trader, ‘Free’, has repeatedly said the meme currency would reach that price.

Crypto analyst Bluntz Capital is also positive on Dogwifhat, predicting that it would surpass PEPE and Shiba Inu (SHIB) as the second-largest meme currency by market valuation.

He predicts a “meme wipeout,” which may be worse than expected. He said it would “catch a ton of people off guard.” He said he will become a meme coin bull when the timing is perfect, but not now.

WIF had risen dramatically, as he correctly anticipated in a previous market report. He predicted the meme currency will reach $3.8 before falling to $1.6.

He said in a recent video that he won't short Dogwifhat even at $3.8. To confirm his pessimistic forecasts, he would wait for the meme currency to reach $4 highs.

CoinMarketCap shows Dogwifhat trading at $3, up over 6% in 24 hours.

#WIF #DogWifhat #altcoins #buythedip $WIF
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Is it the Calm before the storm. Had you grabbed some alts on sale? It is the time
Is it the Calm before the storm. Had you grabbed some alts on sale?
It is the time
THESE BORING DAYS LETS DO SOME RESEARCH AND GET REWARD CLICK ON THE LINK YOU WILL GET REWARDED FOLLOW ME
THESE BORING DAYS LETS DO SOME RESEARCH AND GET REWARD CLICK ON THE LINK YOU WILL GET REWARDED FOLLOW ME
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Investor Sees $2000 Invested in Retik Finance (RETIK) During Presale Turn Into $200,000 As Token ...
Cryptocurrency investments are made for the potential for exponential gains is often coupled with substantial risk. One striking example of this phenomenon is the story of an investor who, seizing an opportunity during the presale phase of Retik Finance (RETIK), allocated $2000 with foresight and patience. As the token launched and gained traction in the market, its value surged to an all-time high (ATH) of $3, translating the initial investment into a staggering $200,000. This remarkable transformation underscores both the volatility and the potential for immense returns within the crypto space, where strategic decisions and timing can yield extraordinary outcomes.

Leading the DeFi Revolution: How Retik Finance (RETIK) is Transforming Crypto Transactions and Financial Accessibility

Retik Finance (RETIK) emerges as a trailblazer in the realm of decentralized finance, setting itself apart through a suite of pioneering features and solutions tailored to empower users and elevate the functionality of DeFi. Foremost among its offerings are the DeFi Crypto Cards, a groundbreaking tool granting users unprecedented ease and adaptability in managing cryptocurrency transactions. By harnessing blockchain technology, these cards ensure transactions are conducted securely and seamlessly, effectively bridging the gap between traditional financial systems and the burgeoning digital asset landscape. Beyond the Crypto Cards, Retik Finance boasts a diverse array of products and services aimed at propelling the widespread adoption of decentralized finance. Among these are the Smart Crypto Payment Gateway, facilitating frictionless transactions, an AI-driven peer-to-peer (P2P) Lending platform enhancing accessibility to financial services, and a Multi-Chain Non-Custodial Highly Secured DeFi Wallet, safeguarding assets across multiple blockchain networks. Each facet of Retik Finance’s ecosystem is meticulously crafted to cater to distinct demands within DeFi, delivering innovative solutions that prioritize security, efficiency, and user-friendliness, thereby solidifying its position as a frontrunner in the rapidly evolving landscape of decentralized finance.

Retik Finance (RETIK) Presale Triumphs with $32M Raised, Highlighting Strong Investor Confidence in DeFi Vision

The presale campaign of Retik Finance (RETIK) proved to be an unequivocal triumph, showcasing robust investor confidence in the project’s vision and potential. Spanning ten meticulously planned stages, the presale witnessed an overwhelming influx of participants eager to secure a share in the future landscape of decentralized finance. Retik Finance (RETIK) successfully amassed an impressive $32,050,000 within an astonishingly brief timeframe, surpassing initial prognostications and underscoring the burgeoning demand for forward-thinking DeFi solutions. The presale’s triumph can be attributed to a confluence of factors, notably including the project’s sturdy foundational framework, its groundbreaking product offerings, and an adeptly executed marketing strategy. Investors were magnetically drawn to Retik Finance’s steadfast dedication to furnishing state-of-the-art DeFi solutions tailored to meet the dynamic demands of users within the digital ecosystem. Moreover, the project’s transparent, community-centric ethos engendered a sense of trust and assurance among investors, further bolstering belief in its enduring sustainability and potential for profound impact.

Retik Finance’s Official Launch: Poised for Success with Uniswap Debut and Multiple Exchange Listings

With the presale campaign concluded, Retik Finance (RETIK) just concluded its official launch on May 21st, 2024, both on Uniswap and multiple exchanges, heralding a pivotal moment for the project and its community. This move not only signifies a significant milestone but also ignites anticipation among investors and cryptocurrency enthusiasts for potential price surges and heightened trading activity. Opting for Uniswap, a premier decentralized exchange (DEX), highlights Retik Finance’s dedication to decentralization and inclusivity, granting global traders unrestricted access to RETIK tokens. Furthermore, by diversifying its exchange listings, Retik Finance aims to bolster liquidity and broaden market accessibility, positioning itself for sustained growth and engagement within the cryptocurrency ecosystem. This strategic launch follows a remarkable presale success, where an investor saw a $2,000 investment in RETIK turn into $200,000 as the token reached a $3 all-time high (ATH) post-launch, exemplifying the project’s potential for delivering substantial returns and cementing its status as a rising star in the DeFi landscape.

Conclusion

The journey of this investor in Retik Finance (RETIK) exemplifies the dynamic nature of cryptocurrency markets, where early adoption and calculated risk-taking can lead to remarkable financial success. However, it also serves as a reminder of the inherent volatility and speculative nature of such investments. While stories of overnight riches captivate attention, prudent investment practices, thorough research, and risk management remain essential for navigating this ever-evolving landscape. As cryptocurrencies continue to reshape the financial world, the tale of $2000 blossoming into $200,000 stands as both a testament to the potential rewards and a cautionary tale against the perils of unchecked speculation

Visit the links below for more information about Retik Finance (RETIK):

Website: https://retik.com

Whitepaper: https://retik.com/retik-whitepaper.pdf

Twitter: www.twitter.com/retikfinance

Telegram: www.t.me/retikfinance

Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of CryptoNewsLand, nor is it intended to be used for legal, tax, investment, or financial advice.

The post Investor Sees $2000 Invested in Retik Finance (RETIK) During Presale Turn Into $200,000 as Token Hits $3 ATH After Launch appeared first on Crypto News Land.
Ripple
Ripple
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Ripple vs. SEC: Final Court Filing as Judge Prepares Decision
The legal showdown between Ripple Labs and the US Securities and Exchange Commission (SEC) has reached a critical juncture. The SEC's recent court filing marks the final submission before Judge Analisa Torres of the Southern District of New York decides on the remedies phase of this significant case.

On May 20, 2024, the SEC filed a comprehensive rebuttal against Ripple’s request to seal certain financial documents and other key evidence. The SEC’s letter to Judge Torres strongly opposes Ripple’s motion to conceal financial data and contractual terms essential for the Court’s decision on appropriate remedies. The SEC’s stance is rooted in the principle of public access to judicial documents, vital for transparency and accountability. Citing Lugosch v. Pyramid Co. of Onondaga, the SEC stresses the importance of public access in cases involving public interest and regulatory enforcement. “The common law right of public access to judicial documents is deeply rooted in our nation’s history,” the SEC asserts, emphasizing the need for transparency.

While the SEC agrees to seal five exhibits in their entirety, it opposes Ripple’s request to keep key financial figures and contract terms hidden. These include details on Ripple’s financial health, recent XRP sales volume, and specifics of revenue and expenses, which are crucial for assessing compliance and potential penalties. The SEC criticizes Ripple’s attempt to hide this information: “Ripple invites the public to judge the SEC’s stance. It cannot simultaneously conceal the evidence supporting that stance,” the SEC argues, pointing out a contradiction in Ripple’s public and legal positions.

Ripple argues that disclosing sensitive financial details would harm its competitive position. However, the SEC counters by pointing out inconsistencies in Ripple’s argument about the relevance and sensitivity of this information. The SEC states, “Once an item is deemed relevant to judicial power, the presumption of access must be based on its role in the exercise of Article III judicial power.” The SEC also notes that some of the information Ripple wants to seal is outdated, arguing that old financial records are unlikely to harm Ripple’s current business operations significantly. “Stale business records cannot justify the necessary finding of harm,” the SEC asserts, reinforcing the need for transparency.

As Judge Torres prepares to rule, the crypto industry watches closely. The stakes are high, with the SEC proposing fines and penalties around $2 billion, while Ripple suggests a maximum penalty of just $10 million. The final step before Judge Torres’s decision is for Judge Netburn to determine whether Andrea Fox is a summary or expert witness, which could further complicate the case.

The outcome of this case will have significant implications for the cryptocurrency industry. A ruling against Ripple could set a precedent for regulating other digital assets under US securities laws. Conversely, a favorable ruling for Ripple could strengthen the industry’s stance against regulatory challenges and clarify the status of digital currencies.

The Ripple vs. SEC case is in its final stages, with both sides making their last arguments. The SEC’s insistence on transparency and public access to judicial documents underscores the broader implications for legal accountability and digital asset regulation. As the industry awaits Judge Torres’s ruling, the future of cryptocurrency regulation hangs in the balance, potentially shaping the landscape for years to come.
Bear
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Wall Street tumbled on Thursday after a higher-than-expected PMI index heightened fears about prolonged interest rate hikes. The Dow Jones dropped by 605 points, marking its worst day of the year. Similarly, the S&P 500 and Nasdaq Composite retreated from record highs, closing 0.7% and 0.4% lower, respectively. S&P Global's flash PMI indices exceeded expectations, indicating an acceleration in U.S. business activity. This, combined with persistent inflation, fueled speculation that the Federal Reserve will maintain its current stance on interest rates, leading to a rise in Treasury yields. Shares of mega-cap companies fell, except for Nvidia, which surged by 9.3%, surpassing $1,000 per share for the first time. The company reported earnings and revenue that beat forecasts, driven by high demand for AI chips. In contrast, Boeing shares plunged 7.5% after the company's CFO projected negative free cash flow and no recovery in aircraft deliveries in the second quarter, citing ongoing production issues.
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$WIF from 2.96 to 3.0 is entry zone If we have good news tonight it will check previous 3.2 again or upper. Make sure stop loss. Don't do high leverage 3x - 10x is ok Don't be too greedy always take your profit
$WIF from 2.96 to 3.0 is entry zone
If we have good news tonight it will check previous 3.2 again or upper.
Make sure stop loss. Don't do high leverage 3x - 10x is ok Don't be too greedy always take your profit
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