ENSUSDT! It's currently positioned within a strategic trading zone, hinting at a potential adjustment due to the looming supply zone.
In recent times, ENSUSDThas been maneuvering through a defined trading channel. There is a high probability that it might be gearing up for a potential correction.
Importantly, the price was constantly encountered, significant resistance at $28.00 - $32.00, and after broke out now, this area is a strong support area .
After the recent downturn, the crypto market is showing early signs of a rebound, sparking renewed interest among investors. The question now is whether this is the ideal time to buy the dip or if it’s better to wait and observe further market movements. Some may see this as an opportunity to buy at discounted prices, while others prefer a cautious approach, waiting for more stability. Strategies could include dollar cost averaging, setting stop loss orders, or closely monitoring key technical indicators before acting.
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A new trade positioning/ trigger for bulls would be a break in the bearish divergence visible in the RSI at the daily timeframe combined with a reclaim of this red boxed resistance ( reclaim above $0.00002434 ) Otherwise , buying the weekly support at around $0.00001690 is your best bet $SHIB
A new trade positioning/ trigger for bulls would be a break in the bearish divergence visible in the RSI at the daily timeframe combined with a reclaim of the resistance ( reclaim above $0.00002434 ) Otherwise , buying the weekly support at around $0.00001690 is your best bet $SHIB
We saw alts rallies but most have retraced back a lot and this was because the ALT market faced a resistance at around 1.6T with a bearish divergence at the weekly timeframe . I'm still bullish for alts and ETH ( I believe dips into strong supports now are for buying ) .
Once we clear this 1.6T resistance here , we'll see an ultra bull run in ETH and Other alts . 1.22T -1.14T should hold at all costs. $BTC
The price currently is facing a horizontal resistance at the daily timeframe and the bearish divergence marked in the RSI is still intact which could potentially lead to further decrease . There's a good support level at around $87.4k and 100EMA on the daily timeframe is around $85.6k . So, it's reasonable to look for entries there for potential bounce in price .
With the new year approaching, where do you think Bitcoin will go next? Drop your prediction for this week's $BTC closing price in the comments of this post 👇 🎁The top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now! *Campaign Period: 2024-12-30 07:00 to 2025-01-05 20:00 (UTC) ‼️Ensure you have updated your app to at least version 2.92. Also, make sure the "Also Repost" box is checked when replying to be eligible for entry.
Terms and Conditions: This campaign may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the campaign period eriod. Ensure the "Also Repost" box is checked when replying, or your comment won't count as a valid entry.To ensure fairness, entries closed at 2025-01-05 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price at 2025-01-05 23:59:59 UTC.If users made multiple comments, only the first comment will be considered as an eligible entry. Deleted comments are not eligible for rewards.In case of identical predictions, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 7 working days after the campaign ends and notified via a push notification under Creator Center > Square Assistant. Rewards will be distributed in the form of token vouchers to eligible users within 14 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this post and the original English version, the English version of this post shall prevail.Additional promotion terms and conditions can be accessed here.
With the new year approaching, where do you think Bitcoin will go next? Drop your prediction for this week's $BTC closing price in the comments of this post 👇 🎁The top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now! *Campaign Period: 2024-12-30 07:00 to 2025-01-05 20:00 (UTC) ‼️Ensure you have updated your app to at least version 2.92. Also, make sure the "Also Repost" box is checked when replying to be eligible for entry.
Terms and Conditions: This campaign may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the campaign period eriod. Ensure the "Also Repost" box is checked when replying, or your comment won't count as a valid entry.To ensure fairness, entries closed at 2025-01-05 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price at 2025-01-05 23:59:59 UTC.If users made multiple comments, only the first comment will be considered as an eligible entry. Deleted comments are not eligible for rewards.In case of identical predictions, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 7 working days after the campaign ends and notified via a push notification under Creator Center > Square Assistant. Rewards will be distributed in the form of token vouchers to eligible users within 14 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this post and the original English version, the English version of this post shall prevail.Additional promotion terms and conditions can be accessed here.
Trading and gambling are entirely different. When you gamble and when you lose, you will lose your entire funds. When you trade, and when the market goes down, you will not lose money until you sell your assets, If you continue to hold assist you can recover your investment. When you are trading, you can diversify your holdings and positions, and get complete protection against all kinds of market risks. If you are trading 10 assets, not all assets will be at loss, you will still have assets that are making profits. If pay careful attention to the markets, you will understand when the market will decline or when the market will go up because you will understand the market indicators. If you see a decline in one market, for example, the stock market, there will be repercussions in other markets as well, therefore, if you are in real estate, you will get a cue of what will happen. $BTC
#BitwiseBitcoinETF Over 20 companies, including major Bitcoin mining firms, are set to join the Bitwise Bitcoin Standard Corporations ETF, a pioneering fund focusing on businesses embracing the Bitcoin standard. To qualify, companies must hold at least 1,000 BTC in reserves. This growing trend of Bitcoin adoption could fuel a surge in BTC’s price as demand increases, while reinforcing Bitcoin’s status as a preferred asset for corporate treasuries. The ETF's launch may lead to broader institutional involvement, further solidifying BTC's role in financial markets.
In 2025, decentralized AI and green crypto are set to be transformative. Decentralized AI, leveraging blockchain for secure, autonomous systems, will enhance privacy and scalability, powering industries from healthcare to finance. Green crypto, driven by energy-efficient consensus mechanisms like proof-of-stake, will tackle environmental concerns in blockchain tech. Predictions suggest significant advancements in quantum computing, augmented reality, and decentralized finance , revolutionizing how we interact with technology and finance. $BNB