TOP 20 ALTCOINS FOR THIS JUNE TO CONSIDER🚀🚀

As of June 2024, the cryptocurrency market is continually evolving with new projects and shifting trends. Below is a detailed list of the top 20 altcoins based on market capitalization, technological innovation, use case, and overall market sentiment. These selections are subject to change as the market fluctuates.

1. Ethereum (ETH)
Market Cap: Second only to Bitcoin.
Key Features:Smart contracts, decentralized applications (dApps).
Notable Updates: Ethereum 2.0 upgrade for improved scalability and energy efficiency.

2. Binance Coin (BNB)
Market Cap: Largest exchange-based token.
Key Features: Utility token for Binance ecosystem, used for trading fee discounts.
Notable Updates: Continuous quarterly burns and expanding use cases.

3. Cardano (ADA)
Market Cap: Leading proof-of-stake blockchain.
Key Features: Focus on security, sustainability, and scalability.
Notable Updates: Ongoing development of smart contracts and DeFi capabilities.

4. Solana (SOL)
Market Cap: High-performance blockchain.
Key Features: Extremely fast transaction speeds and low fees.
Notable Updates: Rapid growth in the DeFi and NFT space.

5. Ripple (XRP)
Market Cap: Popular for cross-border payments.
Key Features:Fast and low-cost international payments.
Notable Updates: Legal battles with the SEC affecting its market dynamics.

6. Polkadot (DOT)
Market Cap: Interoperability-focused blockchain.
Key Features: Connecting multiple blockchains into a single network.
Notable Updates: Launch of parachains and increasing number of projects.

7. Dogecoin (DOGE)
Market Cap: Meme coin turned mainstream.
Key Features: Strong community support and celebrity endorsements.
Notable Updates: Increased adoption for tipping and payments.

8. Polygon (MATIC)
Market Cap: Leading Layer 2 scaling solution for Ethereum.
Key Features: Enhances Ethereum's scalability and usability.
Notable Updates: Growing ecosystem of dApps and integrations.

9. Litecoin (LTC)
Market Cap: One of the oldest altcoins.
Key Features: Faster transaction times than Bitcoin.
Notable Updates:MimbleWimble upgrade for enhanced privacy.

10.Chainlink (LINK)
Market Cap:Decentralized oracle network.
Key Features: Bridges real-world data to smart contracts.
Notable Updates:Expanding partnerships and integrations in DeFi.

11. Avalanche (AVAX)
Market Cap: High throughput and low latency blockchain.
Key Features: Sub-second transaction finality.
Notable Updates: Rapid growth in DeFi and institutional partnerships.

12. Uniswap (UNI)
Market Cap: Leading decentralized exchange (DEX) token.
Key Features: Facilitates automated trading of DeFi tokens.
Notable Updates: Continued upgrades to improve liquidity and efficiency.

13. Stellar (XLM)
Market Cap: Focused on cross-border payments.
Key Features: Fast and low-cost transactions.
Notable Updates: Growing partnerships with financial institutions.

14. VeChain (VET)
Market Cap: Supply chain-focused blockchain.
Key Features: Enhances transparency and efficiency in supply chains.
Notable Updates: Expanding use cases across various industries.

15. Cosmos (ATOM)
Market Cap: Interoperable blockchain ecosystem.
Key Features: Facilitates communication between different blockchains.
Notable Updates: Continued development of the IBC (Inter-Blockchain Communication) protocol.

16. Internet Computer (ICP)
Market Cap: Decentralized cloud computing platform.
Key Features: Runs at web speed with unbounded capacity.
Notable Updates: Ongoing improvements in scalability and user adoption.

17. Aave (AAVE)
Market Cap: Leading DeFi lending platform.
Key Features: Allows users to lend and borrow cryptocurrencies.
Notable Updates: Expanding features and growing total value locked (TVL).

18. Filecoin (FIL)
Market Cap: Decentralized storage network.
Key Features: Incentivizes users to share storage space.
Notable Updates: Increasing data storage use cases and partnerships.

19. Algorand (ALGO)
Market Cap: High-performance blockchain with a focus on decentralization.
Key Features: Fast transactions with minimal fees.
Notable Updates: Expanding ecosystem of dApps and DeFi projects.

20. Hedera (HBAR)
Market Cap: Enterprise-grade public network.
Key Features: High throughput and low latency for real-time applications.
Notable Updates: Growing list of enterprise partners and use cases.
#DYOR* #Megadrop #ETHETFsApproved #StartInvestingInCrypto
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Candle Trading 101: A Beginner's Guide
Candlestick trading is a popular method for analyzing financial markets, particularly favored by technical analysts. It uses candlestick charts, a visual tool developed in Japan centuries ago, to represent price movements over specific time periods.
The Anatomy of a Candlestick

A candlestick consists of:
● Real body: The wide part of the candle, showing the open and close prices.
● Color: Indicates whether the closing price was higher (green/white) or lower (red/black) than the opening price.
● Wicks (shadows): The thin lines above and below the real body, representing the highest and lowest prices during the period.
Reading Candlestick Patterns
Candlestick patterns emerge from the combination of multiple candles, offering insights into potential future price movements. Some common patterns include:
● Bullish engulfing: Indicates potential upward trend reversal.
● Bearish engulfing: Indicates potential downward trend reversal.
● Doji: Indicates market indecision.
● Hammer: Indicates potential bullish reversal in a downtrend.

Getting Started with Candle Trading
1. Learn the Basics: Familiarize yourself with candlestick anatomy and common patterns.
2. Choose a Trading Platform: Many platforms offer candlestick charts and analysis tools.
3. Practice: Start with a demo account to practice identifying patterns and making trades.
4. Develop a Strategy: Combine candlestick analysis with other indicators and risk management techniques.
Key Tips for Beginners
● Start Simple: Focus on a few patterns at first.
● Be Patient: Don't expect instant success.
● Manage Risk: Use stop-loss orders to limit potential losses.
● Stay Informed: Keep up with market news and events that could affect your trades.
Candlestick trading can be a powerful tool for analyzing financial markets, but it requires
practice and dedication. By starting with the basics and gradually developing your skills, you can potentially improve your trading decisions and achieve your financial goals.
#EarnFreeCrypto2024

Intraday trading is a method of investing in cryptocurrencies where the trader buys and sells cryptocurrencies on the same day without any open positions left by the end of the day. Hence, intraday traders try to either purchase a cryptocurrency at a low price and sell it higher or short-sell a cryptocurrency at a high price and buy it lower within the same day. This requires a good understanding of the market and relevant information that can help them make the right decisions. In the cryptocurrency market, the price of a cryptocurrency is determined by its demand and supply among other factors.
Tools such as candlestick chart patterns offer great help to traders. We will talk about these Candlestick Charts and offer steps to help you read them.
What are Candlestick Graphs/Charts?
Candlesticks are a visual representation of the size of price fluctuations. Traders use these charts to identify patterns and gauge the near-term direction of price in the cryptocurrency market.
Composition of a Candlestick Chart
This is how a candlestick chart pattern looks like:


As you can see, there are several horizontal bars or candles that form this chart. Each candle has three parts:
The BodyUpper ShadowLower Shadow


Also, the body is colored either Red or Green. Each candle is a representation of a time period and the data corresponds to the trades executed during that period.
A candle has four points of data:

How to Analyze Candlestick Chart for Cryptocurrencies
The body of the candle in a candlestick chart represents the opening and closing price of the trading done during the period for a particular cryptocurrency. Understanding this is crucial for candlestick trading. Traders can quickly see the price range of the cryptocurrency for the said period by looking at the chart. Moreover, the color of the body indicates whether the price is rising or falling. For instance, if a candlestick chart for a month with each candle representing a day has more consecutive red candles, then traders know that the cryptocurrency's price is falling.
Vertical lines called wicks or shadows above and below the body show the highs and lows of the traded price of the cryptocurrency. Traders can use this information to analyze the sentiment of the market towards the cryptocurrency.
Candlestick Chart Patterns
Candlestick charts are an excellent way of understanding investor sentiment and the relationship between demand and supply, bears and bulls, greed and fear, etc., in the cryptocurrency market. Traders must remember that while an individual candle provides sufficient information, patterns can be determined only by comparing one candle with its preceding and next candles. To benefit from them, it is important that traders understand patterns in candlestick charts.
Let's divide the patterns into two sections:
Bullish PatternsBearish Patterns
Analyzing these patterns can help traders make informed decisions about buying or selling cryptocurrencies.
Bullish Patterns
Hammer pattern
This is a candle with a short body and a long lower wick. It is usually located at the bottom of a downward trend. It indicates that despite selling pressures, a strong buying surge pushed the prices up. If the body is green, it indicates a stronger bull market than a red body.


Inverse Hammer pattern
This is a candle with a short body and a long upper wick. It is usually located at the bottom of a downward trend too. It indicates buying pressure followed by selling pressure. It also indicates that buyers will soon have control.


Bullish Engulfing pattern
This is a pattern of two candlesticks where the first candle is a short red one engulfed by a large green candle. It indicates a bullish market that pushes the price up despite opening lower than the previous day.


Piercing Line pattern
This is a two-candle pattern having a long red candle followed by a long green candle. Also, the closing price of the second candle must be more than half-way up the body of the first candle. This indicates strong buying pressure.


Morning Star pattern
This is a three-candle pattern that has one candle with a short body between one long red and a long green candle. There is usually no overlap between the short and the long candles. This is an indication of the reduction of the selling pressure and the onset of a bull market.


Three White Soldiers pattern
This is a three-candle pattern that has three green candles with small wicks. These candles open and close higher than the previous day. After a downtrend, this is a strong indication of an upcoming bull trend.


Bearish Patterns
Hanging Man pattern
This is a candle with a short body and a long lower wick. It is usually located at the top of an upward trend. It indicates that the selling pressures were stronger than the buying thrust. It also indicates that bears are gaining control of the market.


Shooting Star pattern
This is a candle with a short body and a long upper wick. It is usually located at the top of an upward trend too. Usually, the market opens higher than the previous day and rallies a bit before crashing like a shooting star. It indicates selling pressure taking over the market.


Bearish Engulfing pattern
In candlestick chart analysis, this is a pattern of two candlesticks where the first candle is a short green one engulfed by a large red candle. It usually occurs at the top of an upward trend. It indicates a slowdown in the market rise and an upcoming downtrend. If the red candle is lower, the downtrend is usually more significant.


Evening Star pattern
This is a three-candle pattern that has one candle with a short body between one long red and a long green candle. There is usually no overlap between the short and the long candles. This is an indication of the reversal of an upward trend. This is more significant if the third candle overcomes the gains of the first candle.


Three Black Crows pattern
This is a three-candle pattern that has three consecutive red candles with short wicks. These candles open and close lower than the previous day. After an upward trend, this is a strong indication of an upcoming bear market.


Chart patterns can be used to understand trends and sentiment of the cryptocurrency markets. There are several other patterns to explore in order to gain a deeper understanding of market movements. Use this as a starting point and continue to learn and refine your analysis skills.

Happy trades and successful investments!
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