Do you want to win #BinanceTournament ? You need to know that altcoins move in the same direction as $BTC but with many more % of gains, and with futures operations you can maximize that.
So, what is the BTC situation? Can we go LONG ALTCOINS or SHORT?
Lets see, in a weekly view:
We observe a break in the resistance of $31,600 that enables new objectives at $47,000. Although the movement was so abrupt that the price may take a few weeks before continuing its path. And you have to make sure that if you reset the $31,600 you don't get below it again.
And ALTCOINS? We can see +74% for $ETH +177% for AVAX +130% for $SOL for example!
So you know the advice, if Bitcoin is doing well, altcoins (that are not SCAM) will also do well. And if Bitcoin begins to fall below important floors, SHORT positions must be taken.
We’ve teamed up with @Binance Square to launch their new Square Giveaway Center!
It's easy—complete tasks to earn $10,000 in $PIXEL rewards: 1⃣ Follow us on Square! 2⃣ Share this post (on Square!) 3⃣ Complete any of the trading tasks listed here: https://www.binance.com/en/square/giveaway/pixels
Do you want to win #BinanceTournament ? You need to know that altcoins move in the same direction as $BTC but with many more % of gains, and with futures operations you can maximize that.
So, what is the BTC situation? Can we go LONG ALTCOINS or SHORT?
Lets see, in a weekly view:
We observe a break in the resistance of $31,600 that enables new objectives at $47,000. Although the movement was so abrupt that the price may take a few weeks before continuing its path. And you have to make sure that if you reset the $31,600 you don't get below it again.
And ALTCOINS? We can see +74% for $ETH +177% for AVAX +130% for $SOL for example!
So you know the advice, if Bitcoin is doing well, altcoins (that are not SCAM) will also do well. And if Bitcoin begins to fall below important floors, SHORT positions must be taken.
Predict the price of BTC at 20th April 00:00 (UTC+0) to win up to $10000 of SATS token rewards!
To mark this milestone of Bitcoin Halving, all verified users can complete specific tasks on Binance Square during the Activity Period, and qualify for up to $10,000 of SATS token voucher reward. Activity Period: 2024-03-04 09:00 (UTC) to 2024-04-14 09:00 (UTC)All KYC-verified Binance users who log into their Binance accounts and complete the following tasks during the Activity Period will qualify for the $10,000 of SATS reward. Tasks: Comment your prediction for the price of BTC on 20th April 00:00 (UTC+0) on this post. Share this post on your social media and #HalvingHorizonsThe user with the closest prediction will win $5000. If more than one user shares the same prediction, you’ll share the price pool. AndIf you correctly guessed the price and signed up for a Binance account during the activity period through the shared link of this post or the Binance Square referral link, you can unlock a share of extra $2000 price poolAndIf you correctly guessed the price and completed at least 10 trades during the activity period, you will unlock a share of the extra $3000 price poolEach user can only submit 1 entry. Terms & ConditionsThis activity may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the Activity Period in order to qualify.The $10,000 of SATS token voucher rewards pool will be divided equally among all qualified users.Winners will be notified via a push notification under Creator Center > Square Assistant. Voucher rewards will be distributed within 21 working days after the activity ends. Users may check their voucher rewards via Profile > Rewards Hub. The validity period for the voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to cancel a user’s eligibility in this activity if the account is involved in any behavior that breaches the Binance Square Community Management Guidelines or Binance Square Community Platform 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.Additional promotion terms and conditions can be accessed here.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
What is happening with sports tokens? For example, the $ARG token of the $CHZ network has increased +70% in the last month, to analyze and make decisions. Is a new bull run coming in Chilliz?
$BNB Bnb if it holds this zone, long-term longs can be executed, in weekly view, with a risk reward ratio of 5.5!! to be VERY attentive. #TradeNTell #Write2Earn
$SOL Is Solana leading the recovery to the corrective move in the ALTS? It seems so, also do not forget that this network is one of the most used, which is why it is considered the most secure among the majority of existing ALTS. #TradeNTell #Write2Earn
$BTC the medium-term floor was finally broken, all that remains is to see the ALTS bleed with large negative %. In the long term we are still bullish, don't despair!! #TradeNTell #Write2Earn
$BTC Bitcoin is definitely losing short-term strength after such a rapid rise. It's normal, don't be scared and remember to come back in when the support is CONFIRMED. Do not catch falling knives. #TradeNTell #Write2Earn
You have to keep the visions simple, $BTC continues to be bullish but the last rise was so intense that it is normal for it to lose the strength to gain momentum, be careful about entering Long in the short term!
$ALGO This Layer 1 network is suffering 3x the decline in Bitcoin, closely follow the movement of $BTC because when it stops correcting it will be time for the next rise! #TradeNTell
$BTC Be careful with leveraging yourself in these times of EXTREME volatility in the markets, there are many people waiting to get your money and take advantage of your weaknesses #TradeNTell
$BTC Bitcoin needs to maintain $40,000, if it breaks that support the wallets will bleed a lot. Please handle yourself very carefully, take care of your money! Greetings to all #TradeNTell
$LUNA #TradeNtell Be careful with these dead network cryptocurrencies, Bitcoin rose too much and needs a break and for this reason the garbage cryptocurrencies are going to suffer a lot before continuing their upward path.