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Encouraging Everyone Not to Long/Short Close to the December 2024 Candle Closing
At the end of the month, especially December – the last month of the year, the financial market often experiences unpredictable volatility. This is the period when large institutions and investment funds restructure their portfolios, take profits, or balance assets in preparation for the new year.
Why you should not Long/Short close to the monthly candle closing time?
High volatility, unclear trend.
The trading volume usually decreases as retail investors take holidays, while large orders from institutions can create unusual fluctuations.
Why you should not Long/Short close to the monthly candle closing time?
High volatility, unclear trend.
The trading volume usually decreases as retail investors take holidays, while large orders from institutions can create unusual fluctuations.
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“BTC Hits Sensitive Threshold: Will There Be a Recovery at the End of the Month?”
Overview analysis
1. 4-hour timeframe (4H):
• Current price: 93,765.3 USDT, down 1.15% compared to the previous session.
• The short-term MA (MA7) is trending downwards, crossing below MA25 and MA99, indicating that selling pressure is still strong.
• Nearest support: 92,961.8 USDT (lowest price in the last 24 hours).
• Strong resistance: 95,195 USDT (highest price in the last 24 hours).
2. Candlestick patterns:
• The most recent candlestick shows hesitation with a small shadow, indicating a balance between buyers and sellers.
1. 4-hour timeframe (4H):
• Current price: 93,765.3 USDT, down 1.15% compared to the previous session.
• The short-term MA (MA7) is trending downwards, crossing below MA25 and MA99, indicating that selling pressure is still strong.
• Nearest support: 92,961.8 USDT (lowest price in the last 24 hours).
• Strong resistance: 95,195 USDT (highest price in the last 24 hours).
2. Candlestick patterns:
• The most recent candlestick shows hesitation with a small shadow, indicating a balance between buyers and sellers.
Abdul Renolds ui2L:
chắc chắn là phục hồi , nhưng khoản thời gian này nó đang quét 2 đầu nên phải tầm cuối tháng 1 hoặc giữa tháng 2 là tất cả sẽ bay lên thôi . Bh cụ quét bớt chứ nặng thuyền rồi 🤭
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WARNING CORNER: Bitcoin Surging Above $50,000, Will It Crash or Continue to Rise???
Bitcoin price is currently at the $50,000 limit and is trading at $49,595 at the time of writing. However, Look on Chain - an effective cryptocurrency analysis platform has issued an important warning that could be valid if BTC price exceeds $50,000.
According to the warning published by the data analysis platform provided by Into The Block, it was reported that as many as 375,000 crypto addresses have purchased 119,480 BTC, worth about $6 billion, at $50,227. According to analysts, the owners of these purchased BTC are currently at a loss and could put selling pressure on BTC when it reaches this level. However, if we talk about the Bitcoin market as a whole, at the current price, 81.55% of BTC holders are making a profit, 18.18% are losing money, and 0.27% are neither making a profit nor losing money. The total number of profitable wallets is 7.18 million, while the number of losing wallets is about 1.6 million.
Time will tell whether the BTC price will continue to reach more important resistance levels in the near future? In my opinion, you should hold on to the altcoins you are holding because the upcoming market will be relatively volatile. After all, crypto or any market has someone behind the price manipulation. For small fish like us, it is best to buckle up and wait for the results of the coins we are holding. Absolutely do not fomo and listen to the investment advice of any shill coin expert!
#Write2Earn #xuhuong $BTC
Bitcoin price is currently at the $50,000 limit and is trading at $49,595 at the time of writing. However, Look on Chain - an effective cryptocurrency analysis platform has issued an important warning that could be valid if BTC price exceeds $50,000.
According to the warning published by the data analysis platform provided by Into The Block, it was reported that as many as 375,000 crypto addresses have purchased 119,480 BTC, worth about $6 billion, at $50,227. According to analysts, the owners of these purchased BTC are currently at a loss and could put selling pressure on BTC when it reaches this level. However, if we talk about the Bitcoin market as a whole, at the current price, 81.55% of BTC holders are making a profit, 18.18% are losing money, and 0.27% are neither making a profit nor losing money. The total number of profitable wallets is 7.18 million, while the number of losing wallets is about 1.6 million.
Time will tell whether the BTC price will continue to reach more important resistance levels in the near future? In my opinion, you should hold on to the altcoins you are holding because the upcoming market will be relatively volatile. After all, crypto or any market has someone behind the price manipulation. For small fish like us, it is best to buckle up and wait for the results of the coins we are holding. Absolutely do not fomo and listen to the investment advice of any shill coin expert!
#Write2Earn #xuhuong $BTC
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Understanding the cycle in this market, it is normal for you to xx your account 👌
#btchalving2024 #xuhuong #azmask
#btchalving2024 #xuhuong #azmask
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$BTC
#xuhuong
3/12/2024 Stepping into the crypto market for the first time, the first impression is that BTC at 97K USD is too high, too much money. It's a billion-dollar market, and I've heard whispers about digital currency for a long time, but I never really cared because real money wasn't even enough, let alone virtual money. I heard about it since 2018, mining virtual currency and selling it, making real money felt like playing a tune on a cow's ear because who would have thought virtual money could be converted to real money and one virtual coin is worth as much as 1kg of gold. I work hard like a bull, and after a month, I earn nearly 2 thousand USD, but the cost of living in Hanoi is too expensive. My salary is meager and malnourished, while living expenses in Hanoi like fuel, housing, and property prices keep getting fatter with no sign of losing weight, increasing over 30% to 40% every year. It's really crazy that now to buy a house in Hanoi, the capital, one would need 2 virtual coins, and if you want a nice one, you need several dozen virtual coins. Clearly, $BTC is digital currency but can be exchanged for houses and cars. In a lifetime, there are 3 things: building a house, marrying a wife, and buying a car, and you only need 5 coins for that, just kidding, you actually need 5 coins. This year, I'm getting older too; I've been through 34 springs but still haven't achieved my dream of financial freedom. Many nights, I toss and turn, thinking about what I should do when if I continue working for a salary, I'll never be able to get ahead. I sweat and run out of money while many young people born in 1996, 1997, and 2000 already have houses and cars. I found out they are into crypto$ETH and other virtual currencies, so I've decided to dive in.
#xuhuong
3/12/2024 Stepping into the crypto market for the first time, the first impression is that BTC at 97K USD is too high, too much money. It's a billion-dollar market, and I've heard whispers about digital currency for a long time, but I never really cared because real money wasn't even enough, let alone virtual money. I heard about it since 2018, mining virtual currency and selling it, making real money felt like playing a tune on a cow's ear because who would have thought virtual money could be converted to real money and one virtual coin is worth as much as 1kg of gold. I work hard like a bull, and after a month, I earn nearly 2 thousand USD, but the cost of living in Hanoi is too expensive. My salary is meager and malnourished, while living expenses in Hanoi like fuel, housing, and property prices keep getting fatter with no sign of losing weight, increasing over 30% to 40% every year. It's really crazy that now to buy a house in Hanoi, the capital, one would need 2 virtual coins, and if you want a nice one, you need several dozen virtual coins. Clearly, $BTC is digital currency but can be exchanged for houses and cars. In a lifetime, there are 3 things: building a house, marrying a wife, and buying a car, and you only need 5 coins for that, just kidding, you actually need 5 coins. This year, I'm getting older too; I've been through 34 springs but still haven't achieved my dream of financial freedom. Many nights, I toss and turn, thinking about what I should do when if I continue working for a salary, I'll never be able to get ahead. I sweat and run out of money while many young people born in 1996, 1997, and 2000 already have houses and cars. I found out they are into crypto$ETH and other virtual currencies, so I've decided to dive in.
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#CryptoUsersHit18M since playing with digital currency has seen a lot of unclear negative balance when choosing the right civilization #xuhuong $BTC
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Mr. Michael Saylor has just released a Framework for the United States to earn 81 TRILLION USD by establishing a strategic #Bit Reserve 🤯
#xuhuong
$BTC
#writetoearn
#xuhuong
$BTC
#writetoearn
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The total number of BTC staked on @Coredao_Org has increased by over 100% in 6 months 🔶
June: 3,099
December: 6,235
$BTC #xuhuong #writetoearn
June: 3,099
December: 6,235
$BTC #xuhuong #writetoearn
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📺The market psychology remains optimistic for bottom fishing
The fear and greed index of Bitcoin is 74 — Greed is very excited, and if it drops to 30 - 40, there will be a bottom
Daily candle RSI around 30 shows bottom divergence. Personal opinion: $85,000 and below will see a strong recovery wave 🔴
$BTC #xuhuong
The fear and greed index of Bitcoin is 74 — Greed is very excited, and if it drops to 30 - 40, there will be a bottom
Daily candle RSI around 30 shows bottom divergence. Personal opinion: $85,000 and below will see a strong recovery wave 🔴
$BTC #xuhuong
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Please save it in your pocket to use
- Let me tell you when we can collect the goods
#btc #Binance_Launchpad #coinmarketcap #xuhuong #trending
- Let me tell you when we can collect the goods
#btc #Binance_Launchpad #coinmarketcap #xuhuong #trending
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Let's do a little charity, my team! Over the past time, we've all been working together and have been able to contribute a little something for the children in the highlands 😍
This trip is truly meaningful, and I would like to thank the two sisters who connected everyone in the team with Pacheo Primary School, giving us the opportunity to prepare meals ourselves, which for the little ones, is the first time they have ever eaten chicken legs, and the fresh, soft, fragrant cake is also something they have never tasted before. Nearly 500 boxes of milk, 30 boxes of sausages, and 236 boxes of instant noodles have also filled the school's food storage ❤️.
#xuhuong $BTC
This trip is truly meaningful, and I would like to thank the two sisters who connected everyone in the team with Pacheo Primary School, giving us the opportunity to prepare meals ourselves, which for the little ones, is the first time they have ever eaten chicken legs, and the fresh, soft, fragrant cake is also something they have never tasted before. Nearly 500 boxes of milk, 30 boxes of sausages, and 236 boxes of instant noodles have also filled the school's food storage ❤️.
#xuhuong $BTC
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Lucky anyone who is following me.
Now I will continue to analyze Pepe because many people are interested and trade this one:
Firstly, in terms of technical analysis of the past, Pepe always follows technical analysis correctly, so in the future, using technical analysis to continue predicting prices is very appropriate.
Second, considering the 4-hour frame, after the price runs in the parallel frame, there are signs of a Break and a rebound. At the time of writing, the BTC situation is very bad and the PePe price is also trending down.
Forecast: There is a high possibility that Pepe will draw a test again right next to the parallel trendline of size 0.00001065 and then increase to the maximum area of 0.00001570. #PEPE✈ $PEPE #xuhuong
Now I will continue to analyze Pepe because many people are interested and trade this one:
Firstly, in terms of technical analysis of the past, Pepe always follows technical analysis correctly, so in the future, using technical analysis to continue predicting prices is very appropriate.
Second, considering the 4-hour frame, after the price runs in the parallel frame, there are signs of a Break and a rebound. At the time of writing, the BTC situation is very bad and the PePe price is also trending down.
Forecast: There is a high possibility that Pepe will draw a test again right next to the parallel trendline of size 0.00001065 and then increase to the maximum area of 0.00001570. #PEPE✈ $PEPE #xuhuong
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Always Stay Ahead in Cryptocurrency: Your Winning 20-Minute Morning Routine
“
The cryptocurrency market rewards those who know early and have insight. Use this simple, practical, and highly effective morning routine in 20 minutes to gain an edge. Let's get started!
1️⃣ Scan social media and news feeds (10 minutes)
Where to find:
Twitter (X): Follow top traders, analysts, and projects. Look for emerging hashtags or new stories.
The cryptocurrency market rewards those who know early and have insight. Use this simple, practical, and highly effective morning routine in 20 minutes to gain an edge. Let's get started!
1️⃣ Scan social media and news feeds (10 minutes)
Where to find:
Twitter (X): Follow top traders, analysts, and projects. Look for emerging hashtags or new stories.
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🚀🚀🚀 TREND UPDATE $SUI MAR 8, 2024 🚀🚀🚀
🔥 Chart W: The main trend is still in a long-term uptrend, the chart after a long pullback is forming a sign of a long-term uptrend continuing. A weekly candle closing above the $1.65 zone would be better for SUI's uptrend.
🔥 Chart D1: Price has left the rising price channel, but is showing signs of retesting the trend line. In terms of technical factors, the price is still in a long-term uptrend.
🚀 Chart H1: Currently the chart is following a short-term uptrend, the price is going up slowly but steadily, showing a good sign for SUI's long-term uptrend. A strong and confirming candle will strengthen the signal for the return of the short-term uptrend.
⭐⭐⭐⭐⭐ The price reduction of $SUI by more than 30% after hot growth in recent times is necessary for the price of $SUI to continue to grow in the long term. Watch this week's candlestick to determine the healthy continuation of the uptrend.
#sui #layer1 #xuhuong
🔥 Chart W: The main trend is still in a long-term uptrend, the chart after a long pullback is forming a sign of a long-term uptrend continuing. A weekly candle closing above the $1.65 zone would be better for SUI's uptrend.
🔥 Chart D1: Price has left the rising price channel, but is showing signs of retesting the trend line. In terms of technical factors, the price is still in a long-term uptrend.
🚀 Chart H1: Currently the chart is following a short-term uptrend, the price is going up slowly but steadily, showing a good sign for SUI's long-term uptrend. A strong and confirming candle will strengthen the signal for the return of the short-term uptrend.
⭐⭐⭐⭐⭐ The price reduction of $SUI by more than 30% after hot growth in recent times is necessary for the price of $SUI to continue to grow in the long term. Watch this week's candlestick to determine the healthy continuation of the uptrend.
#sui #layer1 #xuhuong