Binance Square
Home
Notification
Profile
Trending Articles
News
Bookmarked and Liked
Creator Center
Settings
LIVE
LIVE
Easy Crypto Trading
--・8.5k views
BTC is once again fighting the ultimate 70k-73k resistance. People see this as a make or break for BTC, but it's not actually the case. BTC has sealed it's fate a few hours ago when it's daily candle closed at 71k. Daily KDJ oscillator has recorded FOMO volume at 71k. People are panic buying at 71k making the 71k zone a strong support for a possible upside rally. How strong is it? It's so strong, that even if a candle will close below it, price will still bounce back to that zone, and pump beyond it. BTC is obviously bullish now, and new ATH is comming 74k-76k or even more. Well, 86k or even 107k is possible too. FOLLOW for more #bitcoin #BTC #buythedip #TechnicalAnalysis #Marketupdate

BTC is once again fighting the ultimate 70k-73k resistance. People see this as a make or break for BTC, but it's not actually the case. BTC has sealed it's fate a few hours ago when it's daily candle closed at 71k.

Daily KDJ oscillator has recorded FOMO volume at 71k. People are panic buying at 71k making the 71k zone a strong support for a possible upside rally.

How strong is it? It's so strong, that even if a candle will close below it, price will still bounce back to that zone, and pump beyond it.

BTC is obviously bullish now, and new ATH is comming 74k-76k or even more. Well, 86k or even 107k is possible too.

FOLLOW for more

#bitcoin #BTC #buythedip #TechnicalAnalysis #Marketupdate

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
0
Replies 4
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
LIVE
Easy Crypto Trading
@Easy_Crypto_Trading

Explore More From Creator

Exchanges are delisting tokens every now and then without giving the public the exact reason is scary. The practice adds up to the market dangers that traders are facing. The idea that these exchanges can just suddenly withdraw support, leaving you with a token whose value is down to the dumps, is horrifying. It's good that they are protecting the general investing public, but as an investor, we deserve to know why they arrived at such a horrible decision. This practice has to change or else people will no longer patronize alts knowing a centralized exchange can just kick it out. Or worst people will hate every CEX and avoids them in the future. Moreover, delisting a token for lack of volume is brutal. In that case, people will no longer buy tokens with low volume because it surely can get delisted anytime. So how will these tokens boost their volume if people are already avoiding them? It's like rubbing salt to an open wound. Just speaking my mind and hoping for change😔. BTW, binance is going to delist XEM, OMG, WAVE and others in the comming days. These are huge tokens guys. Feeling so sad for the investors. FOLLOW for more
--
Same thoughts ❤️
--
Have you guys checked the gainers list lately? The gaming tokens are currently trending. They're pumping wildly👀. If you haven't checked or noticed, see the screenshot posted below. Top six in the gainers list are gaming and most of the tokens gaining now are gaming tokens too. By the way, we're currently riding the alt season. I still feel bad for the delisted tokens. They should have postponed the delisting during the bear market. 😭 FOLLOW for more.
--
Since a lot has been delisted recently, let's analyze together, how an exchage delisting will affect a token. 1. It will drag the price down Most tokens will fall to as low as 20%-50%. That brutal. 2. It will decrease its volume. Expect a volume cut to as much as 50% right after the delisting. 3. The number of holders will decrease. The exchange wallet holding the token will be closed. Hence, right after the delisting a number of holders will instantly disappear in the contract. Delisting is brutal to a token. Recovery usually takes time, since a token has to build up its name and the investors trust. Only a token designed to be unbreakable like #Pitbull can smoothly grace through it. Check pitbull contract to confirm this fact. When #Pitbull was delisted for lack of volume, it only sped up PIT's burning mechanism. Token is designed to burn 2% of it in every transaction. More than 60% of pit has been burned in a span of three years. Token is getting scarce as time goes. 👀Pitbull is in line to become the next binance newbie. It is nominated in binance futures next. If it wins, PITBULL will be trading in binance. You can vote for it, to boost its rank. 😉 FOLLOW for more
--
As requested by a follower, let's take a peek at SHIB. After a quick rally to the moon, SHIB is unfortunately back down. Is a 300% pump still a Shiba inu target? 🤔 Let's annalize together. 1. SHIB is a huge market cap coin, and can even pass as a king of meme, next to DOGE of course. Hence, it'll definitely take so much time before it'll be able to move a candle to the upside. In simple words, it will take so much money to move a single percentage of this token. Hence, if you're investing in SHIB, patience is always gold. If you're in a hurry, go for low cap, rug proof memes like #Pitbull 2. Let's go straight to the chart. For your reference, it is attached below. 😁 Good news is, the 16% rally we witnessed a few days ago has managed to break a strong resistance in the daily chart. Hence, a bigger double bottom has formed in the same chart. Price is however down, and is settling at a strong daily support. If this support can push the price up again, its going to form an inverse H&S. 3. The daily KDJ oscillator is loud and clear bullish. A rally back to 0.000035 is highly probable, and can even go up to as high as 0. 00007. Yup 300% is still the SHIB target. FOLLOW for more. #altcoins
--

Latest News

SEC Chairman Discusses Bitcoin and Ethereum ETF Approvals, Future of Meme Coins
--
BNB Drops Below 690 USDT with a Narrowed 3.23% Increase in 24 Hours
--
Bitcoin Mining Companies May Become Acquisition Targets Due To Power Demand
--
IOTA Launches Layer 2 Ethereum Virtual Machine Network Focused on Real-World Asset Usage
--
Securitize CEO Calls for Clearer Digital Asset Regulations to Prevent US Lagging Behind Europe
--
View More

Trending Articles

Ripple CEO Revives XRP Vs. Ethereum Debate: Can XRP Rise Again?
avatar
CoinEdition
How Do You Identify and Avoid Airdrop Scams?
avatar
dailyabay
MiCA Stablecoin Rules Are Strictly Followed By Binance With Latest Updates
avatar
COINCU
Ripple’s XRP Price Rocket to $10 Looking Likely in This Scenario Amid $3 Trillion XRP Market Outlook
avatar
ZyCrypto
Lista - Second listing on Binance Megadrop - Everything you need to know
avatar
BSCDaily
View More
Sitemap
Cookie Preferences
Platform T&Cs
Sitemap
Platform T&Cs
ba-one-trust-cookie