Top 5 Losers — 13th September 2024 Here are the top losers | Ben Walther on Binance Square

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Bearish

Top 5 Losers — 13th September 2024

Here are the top losers of the last 24 hours:

• VIDT DAO (VIDT): -7%
• Sun (SUN): -6%
• Worldcoin (WLD): -5%
• BinaryX (BNX): -4%
• VITE (VITE): -4%
$VIDT $SUN  $WLD $BNX  $VITE 

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VIDT

0.04271

+0.63%

SUN

0.02334

+0.82%

WLD

1.454

+1.25%

5.6k

0

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It's Wednesday. It's "rate-cut-day." At 6 pm UTC, Jerome Powell (Fed Chair) will announce the Fed's decision. Currently, the market swings between a 25bps and 50bps rate cut. As mentioned, I prefer (and advise) staying sidelined during such days. Volatility can be crazy and unpredictable. However, I will analyze the decision and give you a complete assessment in tomorrow's edition. Bitcoin attempted to break out yesterday but faced an explicit rejection at 61k. Currently, it’s hovering just above the $60k level. However, all eyes are on tonight’s crucial Fed meeting and the expected rate cut decision. With such a high-impact event, we can expect volume to increase significantly and volatility to spike. As already mentioned, it’s nearly impossible to predict the direction of the move, as this will depend on various factors from the Fed’s commentary. Given the uncertainty, it’s a good day to be cautious. If you’re trading, avoiding leverage might be wise, and the best strategy is to stay on the sidelines.

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Bullish VMA Trendline Signals VMA Trendline signals are some of the most reliable trade signals. Some products that contain this indicator charge more than 1,000 USD/annually. Essentially, the VMA trendline provides excellent entry (and exit) signals. For example, once the VMA flips bullish a long entry can be reasonable (always make sure to do a detailed analysis before jumping in). The exit can be based on a fixed level or the next VMA flip. Here's a list of tokens that flipped the VMA to bullish on the daily chart today. - Uniswap (UNI) - From Bearish to Bullish VMA - Oasis Network (ROSE) - From Neutral to Bullish VMA - Blur (BLUR) - From Bearish to Bullish VMA - Dymension (DYM) - From Neutral to Bullish VMA - Terra (LUNA) - From Bearish to Bullish VMA - Flux (FLUX) - From Bearish to Bullish VMA - Decred (DCR) - From Bearish to Bullish VMA - API3 (API3) - From Neutral to Bullish VMA - io.net (IO) - From Neutral to Bullish VMA - Harmony (ONE) - From Bearish to Bullish VMA - Vanar Chain (VANRY) - From Bearish to Bullish VMA - JOE (JOE) - From Bearish to Bullish VMA - Sushi (SUSHI) - From Bearish to Bullish VMA

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