The market is experiencing a decline and the reason behind t

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$OM Why This Present Situation Could Be The Final Chance To Enter But let's understand Fair Value Gap first. Because analysing it on the weekly chart explains the concept in a way better manner. So what is Fair Value Gap? 📊 FVG is a situation when price moves up or down in an insane amount creating huge candles. Now FVG are of two types: 1. Bullish FVG 📈 2. Bearish FVG📉 Usually in such situations the price moves so rapidly, it doesn't give any time to the buyers/sellers to counteract the move creating an imbalance in the market. 📢 Here, I'll explain the bullish FVG because Om was in uptrend, the price retraced and now moving sideways with slight hint of weakness. So, the sellers will naturally retest this zone. 🖍️ You can mark a FVG by simply marking the candle's top wick before the big move to the candle's lower wick after the big move.(Look for the green box on the chart). Now for the FVG to be valid & justified, the price needs to hit the support (upper trendline) and must close outside the box or even inside the box but above the next support level. Result: A reversal from this point which will result in renewed bullish sentiments and the price will skyrocket. 📈 Here, Om is moving sideways for more than 6 weeks after hitting an ATH of $1.046 and still trading below the 7 DMA(daily moving avg.) The support at $0.63 has been solid with $0.6 following next. Now using the bollinger band on this chart what I see from here is that it may take support on the middle band which acts as 20 DMA. Now this phenomenon could happen either inside or even outside the box. And for that the final support will be $0.54 which is the upper trendline of the box. Though on the daily time frame the reversal has been good today. But the weakness is still prevalent on the weekly chart. So, there could be two scenarios: 1. A reversal from this point. 2. Continued retracement and support on the FVG box. And the latter one has the maximum chances to occur. $OM #Mantra #FIT21 #BinanceLaunchpool #altcoins #Megadrop

$1000SATS A Cent For Sure Next Year 🚀🚀 And I'm not moving an inch from my stance. See that one hr chart. This is exactly what fuels this surge. 📈 The Bullish Engulfing . . Also, if you see the daily chart the long consolidation might come to a conclusion after this move as it has been forming higher lows since the start of May. All we need is a closing between $0.00034-0.00035. My honest opinion about entering the spot will be to wait for today's closing. And above all the Fair Value Gap on the daily time frame. Keep an eye on that. #10000SATS #BRC20Projects #Megadrop #altcoins #BinanceLaunchpool $1000SATS

Always Prioritise Money Management 💸💰 It's shocking at times to see so many people lose a ton of money simply because of lack of money management and take risks beyond their control. Heard of this phrase " Don't put all your eggs in one basket" ? People love giving advice here that they themselves don't follow and could barely explain how to implement it correctly. So fam I'm here to do that. 📢 Proper Money management, risk management is simply a one word theory - DIVERSIFICATION. If you invest in different assets, then in the event of a total crash of one asset, you won't be impacted much. Everyone is aware of what happened to Luna in 2022. Even I got a hit and my $75 worth of investment became zero. But it didn't bother me much because it wasn't even 5% of my portfolio. The day I truly realised the importance of diversifying funds. 🧘🏼‍♂️ 📢 Now, how many beginners do I see falling into the trap of buying just 3 or 4 coins? And especially Cryptos they heard of on social media or some rookie influencer who doesn't even know trading, and therefore for which it's too late? I've seen so many and still see far too many. I've seen so many people buying $SHIB , $PEPE only to lose everything in the end and suffer mentally because it's too late. If you're in this situation then stop buying on FOMO and immediately stop listening to incompetent and fake creators. Their followers don't matter as those are just numbers. Buy the Cryptos before everyone talks about them. I hope some wise brothers and sisters will understand these facts and try to apply in their trading journey. This is my personal opinion from my past experiences. Lend your support by hitting the like & share button and follow me for more such advice. Although I've never asked before, you can also tip me to reward for the hard work going in to bring such content. Happy Investing 🙂🎉 #MtGox #EarnFreeCrypto2024 #altcoins #BinanceLaunchpool #MemeWatch2024 $ETH

$ADA Won't Make You Rich 👎🏼 Despite being in the top 10 coins in terms of market cap Cardano is not going to do what it did alongside Solana & Ethereum in the previous bull run and even during this bull run while both are nearing their previous highs and aiming for a new ATH soon, Ada lacks positive sentiments. Early adopters of ETH & Sol became filthy rich or had massive gains. Even in this cycle those who bought them at lows are sitting at substantial profits. I'm not saying that investors didn't benefit from Ada, the previous cycle saw many traders unlocking big profits from it. But the growth has certainly been dented after hitting the rock bottom of $0.22 in the first week of June,2023. Since then it hasn't shown that strength and with better projects making their space in this arena Ada is losing the limelight it once had. Moreover, the point raised by crypto analyst Justin Bons about "Ada becoming extremely centralised" and Grayscale dropping it from its portfolio has raised some serious concerns about its future. Even if it does a 10X from here I don't consider it as a long term hold. Especially with those rising concerns, absolutely not. Just going to unload my bag when I get some good profits and I'm done with this. *This is not investment advice. Please do your own research. This is my personal opinion from my past experiences. Lend your support by hitting the like & share button and follow me for more such advice. Although I've never asked before, you can also tip me to reward for the hard work going in to bring such content. Happy Investing 😄 🎉 #ADABullish #MtGox #EarnFreeCrypto2024 #altcoins #BinanceLaunchpool $ADA

$OM Is One Incredible Bet Alongside Ondo What has been most promising to me is their Focused & Dedicated team to lead the project Mantra which has drawn enough attention to be recognised as a breakthrough in the RWA narrative. This is I guess the last opportunity to get some of these and give that adrenaline your portfolio needs. ✋🏼But wait, there's something in the chart that has led to the formation of one of the setups which I usually follow. So we need to have patience for some more time as there's a slight hint of weakness in the weeks ahead. Coming up with the chart analysis 📈 in the next post. #Mantra #MtGox #Megadrop #altcoins #RWA! $OM

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