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IS $WIF FINALLY BACK? 🔥🤔 Here Is The Answer 👇 Dogwifhat (WIF) has recently surged by 12% after bouncing back from a big drop. The current price boost was driven by an increased buying interest and some technical signals that are suggesting a bullish momentum. From a long term prospective, the Weekly MACD is predicting a bullish scenario as the line is starting to cross above the signal line. However, simple moving average (weekly EMA 10/20) are still bearish and thus more volumes are needed to turn them bullish. If we zoom in daily, HUL(9) and EMA (10) are suggesting a current bullish momentum even tho WIF's price is currently retesting the support (S2). HUL is an interesting indicator because it aims to reduce the lag and improve the responsiveness. It helps to spot trends more accurately and swiftly, especially in volatile markets! According to this situation, I will implement the following strategy. Keep on mind that I'll also hedge (protect) my strategy in order to mitigate potential losses: Stop Loss on $1.66, entry price on S2 (1.744 to 1.803). First TP on R1 (75%) and Second TP R2 (25%). If the market goes against me, I'll open a short position on $1.66 with stop loss on $1.83. TP on S1 (100%). The short position is what could hedge my position. Do You Still Hold WIF? 🤔 Let Me Know In Comments! STAY TUNED! 🔥 & Remember, Your Support Is MASSIVELY Appreciated!👍💪 Also Don't Forget To Share It To Your Buddy! 🎅 - DYOR 🙏 NFA.🤝 #dogwifhat #memecoins2024 #MemeCommunity #wifupdate
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WHY $BNB LISTED $TON ? 🤔 Because...👇 Binance has finally listed Toncoin (TON) BUT what's the main reason behind this listing? Binance has listed TON not only because of its market cap but because of Telegram mini-games! In fact, those mini-games like Catizen, Notcoin and Hamster Kombat have attracted millions of users that now have the possibility to trade or hold Toncoin directly on Binance. Increased trading activity can lead to higher transaction fees for Binance! In my opinion, this is a strategic expansion because now Binance will be able to explore new partnerships or promotional activities with the TON ecosystem. Thus create synergies that can benefit both the exchange and the Toncoin's community! (For who may doesn't know, telegram mini-games incorporate tap-to-earn mechanics, where players can earn in-game currency or rewards that can be converted into actual cryptos like Toncoin) Do You Play Telegram Mini Games? Which One? 🤔 Let Me Know In Comments! STAY TUNED! 🔥 & Remember, Your Support Is MASSIVELY Appreciated!👍💪 Also Don't Forget To Share It To Your Buddy! 🎅 - DYOR 🙏 NFA.🤝 #ToncoinSurge #TonListing #TapToEarn #playtoearn
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WHAT'S REALLY BEHIND TODAY'S $BTC CRASH? 🚨🤔👇 Today, the crypto market has faced a confluence of factors that have contributed to dump the Bitcoin price. Among those, 3 factors have contributed the most: 1) Bitcoin & Ethereum ETF Negative Inflows Both BTC and ETH ETFs have seen significant negative inflows, with Bitcoin ETFs experiencing net outflows of $237.40 million and Ethereum ETFs $54.25 million. Major outflows were from Fidelity's FBTC and Grayscale's ETHE. 2) Mt. Gox Bitcoin Repayments The defunct exchange Mt. Gox has begun repaying its creditors. Surrounded by the uncertainty, most of them started to sell. 3) FOMC Rate Cut Delay The Federal Open Market Committee (FOMC) did not lower interest rates as anticipated, maintaining them at 5.25% – 5.5%. This dampened the market optimism and contributed to a bearish sentiment. Let's also not forget that today 1.21 billion of long positions were liquidated! In such cases, in order to capitalize on downturns and being resilient, I often include hedging positions (basically I short a long position). It is also very important to zoom out ASAP, and target weekly/monthly supports. It really helps to calm down your mind and thus undertake precise actions! What Other Factors Contributed To Dump The Crypto Market Today? 🤔 Do You Often Hedge Your Positions? Let Me Know In Comments! STAY TUNED! 🔥 & Remember, Your Support Is MASSIVELY Appreciated!👍💪 Also Don't Forget To Share It To Your Buddy! 🎅 - DYOR 🙏 NFA.🤝 #bitcoincrash #BTCMarketPanic #MarketAlert #MarketDownturn
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1.21 BILLION LIQUIDATED🩸 Trader Loses $27M Exceeding Leverage! 👇 In the last 24 hours, 1.21 billion of long positions were liquidated! Mainly on OKX and Binance, with Bybit and Huobi following. The Most affected assets include: BTC, ETH, $SOL and $DOGE ! A trader on Huobi has been liquidated for 27 million, clearly exceeding leverage! When volatility hits hard, I always recommend to zoom out (weekly/monthly time frame) and evaluate carefully the new supports! Also, it's crucial to incorporate hedging and stop-loss tactics into your strategy. Leveraging 50x or 100x is pure gambling and can be very very risky! Do You Leverage In Crypto? What's A Safe Leverage? 🤔 Let Me Know In Comments! STAY SAFE! & Remember, Your Support Is MASSIVELY Appreciated!👍💪 Also Don't Forget To Share It To Your Buddy! 🎅 - DYOR 🙏 NFA.🤝 #LiquidationFrenzy #MarketAlert #CryptoNewsCommunity #CryptoUpdates
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7 DAYS, 1 MILLION PLAYERS ! This $NEAR Project Is Outstanding! 🔥👇 Meteor Wallet, one of the top and secure crypto wallet on Near Blockchain, has recently developed and integrated a new play to earn feature called harvest moon. In less than 7 days, the game already gathered up 1 million players! In my opinion this is a massive milestone in such short time and thus I'll keep monitoring it and keep you updated! For Any Questions, Drop Them In Comments! 💪 STAY TUNED! 🔥 & Remember, Your Support Is MASSIVELY Appreciated!👍💪 Also Don't Forget To Share It To Your Buddy! 🎅 - DYOR 🙏 NFA.🤝 #NEARProtocol #NEARToken #Nearwallet #playtoearn
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