BTC is trading at 62,925 USDT with a significant volume of 23,447 BTC.
The RSI(14) at 61.61 indicates average strength, but the MFI(14) at 75.88 and CCI(14) at 140.73 both signal overbought conditions. The price is close to the upper Bollinger Band, indicating potential volatility. The ATR is at 2,346 USDT, reflecting high price movement.
Additionally, the price is trading above the SMA(50), indicating bullish momentum, and the MOM(10) is positive, confirming bullish sentiment. The MACD shows a bullish crossover, while the ADX shows a weak but developing uptrend. The Parabolic SAR supports the move up, and the TD Sequential is currently displaying a 3 Up pattern.
Conclusion: BTC is showing strong bullish momentum, although overbought indicators like MFI and CCI could signal a short-term correction or accumulation.
If we compare the price, this season $SUI beats $ETH
Competitors born at the same time as $SUI are $APT, $SEI have disappeared Many of you don't have much $SUI because you're afraid, listening to the young people who go to fud $SUI inflation unlock this and that Now looking back, I don't see anyone's face, I don't know where they're hiding Remember the days when I was still cursed at and stuff, there was an old man who said /2 /3 and all kinds of analysis and spammed my posts Now $SUI PUMP has gone - really boring! When I called you guys $0.8 then it went up to $1 and then did all kinds of things, now there's sweet fruit... Now I don't see anyone cursing me anymore, I don't know you guys! Congratulations to the guys who ported $SUI - $SUI is the worst $10 $SUI TO THE MOON
UPDATE ON BUYING AND SELLING WALL AND CVD ORDER BOOK EARLY MORNING🦋🦋🦋 19.09.2024 The buying wall is gradually pushed up to the market price, but there is not enough liquidity to pay for the selling wall above The CVD order book is showing that the small fish are hot and want to fomo after the news of the interest rate reduction took place Admin believes there will be a heart-piercing shot to break through the selling wall in the 62k area tonight (still waiting for the 58k area to buy up) TO THE MOON🥰🥰
If you are aiming to make $3,000 per month in crypto without trading, here are a few strategies to consider, all of which are legal and legitimate. First, consider the power of investing in cryptocurrencies. Many people have made profits by investing in Bitcoin, Ethereum, or other altcoins. Remember that investing involves risk, so it is important to do thorough research and make informed decisions. One approach is to invest for the long term in projects with solid fundamentals and promising growth potential.
YESTERDAY BTC FLOODED TO THE 61K AREA, BREAKING THE UPPER TRENLINE WITH A NEARLY 6% INCREASE
However, there is currently a tendency to return to test again and is currently at 60k2.
There is a support and resistance zone at the 59k mark, so we have to see how it reacts here. If it returns to this zone and bounces up, BTC will likely go up to levels like 62-64k
If it returns to test the 59k zone and then goes down, it will likely go back to 57k or have to accumulate here
In addition to the $DOGS system, don't forget another super quality product, $NOT, whose price is touching the two previous bottoms. After the news that the CEO of telegram was arrested, $NOT was also affected a little bit, not too much. Whether it's $DOGS or $NOT, they are both products with a large and very fair community and will be the top memes of the $NOT system. The#memetrend this season is something very strong and above all, it is on the $TON network. $TON is a coin that has helped you avoid the storm for nearly half a year. Your job is to hold on and wait for the market to stabilize, then everything will go back to normal. FUD is a risk or an opportunity to buy goods at a better price, depending on each person.
BTC Morning AnalysisLast night BTC dropped sharply by $5000+, 79,188 people were liquidated, 33 billion CNY evaporated! The market is too brutal, not caring about small investors, last night the bookies have perfectly harvested liquidity! Last night when 61,850 was broken, the price plummeted, pay attention to the movement at key points! BTC needs attention Support 58,500/57,500/56,100 Temporary resistance 60,000 at the psychological threshold Last night's sharp decline once again reminded us that, recently can not trade short-term with any structure, once you prepare the structure, the market will overthrow you, continue to push small investors into high-frequency short-term trading, and then continue to create big fluctuations to harvest! The key point to pay attention to today is 58,500, if this point is broken and does not recover, then there is still room for decline during the day, do not rush to trade! Please wait patiently! Regarding trading: At present, most altcoins have fallen to the starting point of the rise, but there are still about ten days until September 6/7, still need to be cautious, near the end of the month there will be a strong fluctuation, the current market is like a headless fly, do not know the direction, many people are watching and waiting for opportunities!
IS ANYONE WANTING TO BUY #TON? Recently, TON has been very strong despite BTC's correction, but no coin is strong forever, it is only strong until MM takes profit. I think the recent FUD news is a profit-taking move. To buy back, I think you should wait for the 3.5 zone to start buying. If it doesn't come back, then skip it, there are many other good options.
We are crashing 📉 Just kidding. But that’s what I’ve seen in many social media posts over the past few hours. So, it’s time to once again remind everyone that a bull run won’t last forever. However, let’s put things in perspective. 1—Bitcoin: BTC is only down 1.3% so far. Yes, I was hoping for 63.5k to hold. And yes, I want to keep going up. However, we’re talking about -1.3%!! 2—Sure, altcoins are suffering more. But again, you have to put it in context. Take $LINK for example. Since last Tuesday, LINK is up over 22%. Based on the closing high, it’s now down 3.4%. Again, I would love to see LINK tackle $13. But, yes, it is not a question of if but when.
So, stay calm, let the market correct and move higher later.
Although I used to really like $BNB, to be honest, the chart is terrible. Looking at the 3 candles this month, I decided to break up and not trade BNB anymore. I bought 408 the other day and closed it all at 536. Saying this is a bit emotional, but from the first time I saw Uncle Teng, I didn't have much sympathy. Observing how he manages Binan's projects and activities, I see that my feelings are correct. Maybe he and CZ are like Trump & Biden: one person brings the US to a climax, the other drags it into recession. This week is the key week for whether $Btc continues to increase or adjust, it's easy to get killed by a trap, so I will stop trading, ask for all kinds of scripts to learn to read + run tools to downtrend to cheat enemies, build and wait for the next season to drink rain water.
The price of a cryptocurrency is directly related to its market capitalization. Market capitalization is calculated by multiplying the total number of tokens in circulation by the current price of each token.
Example Scenarios
circulating supply of 516,750,000,000 $DOGS tokens, let's explore potential price scenarios based on different market cap targets:
1. $1 billion market cap: Price per token = Market cap / Circulating supply Price per token = $1,000,000,000 / 516,750,000,000 Price per token ≈ $0.0019
2. $5 billion market cap: Price per token = $5,000,000,000 / 516,750,000,000 Price per token ≈ $0.0097
3. $10 billion market cap: Price per token = 10,000,000,000 $ / 516,750,000,000 Price per token ≈ $0.0194
Factors that affect the price
While these calculations provide a basic understanding, several factors can affect the actual price of $DOGS:
1. Market sentiment: Positive or negative sentiment can drive price movements.
2. Adoption and utility: Greater adoption and real-world use cases can drive demand and price.
3. Competition: The performance of competing cryptocurrencies can impact the relative value of $DOGS.
4. Regulatory environment: Favorable or unfavorable regulations can impact investor confidence.
5. Technological developments: Innovations in the $DOGS ecosystem can drive price increases.
The market is having a lot of positive news to create momentum for a breakthrough, but still be cautious because it is quite close to the closing time of the $BTC M candle and the time around the end of the third quarter, the market will often have an unclear trend! Although the worst thing has happened since April until now, even if it hurts a little more, I think the market will soon recover. The beginning of the fourth quarter will be the return of the market leader CZ, it seems that the current market is lacking someone with enough influence to direct the game and create a real trend. Then Dwon will also return if the compensation agreement is satisfactory. As for the FED, the policies to loosen cash flow will be applied soon and the risk of crisis still exists, but according to many current facts, it is not too worrying. The fourth quarter is also the quarter when businesses and projects are rushing to supplement the missing parts, balance financial statements, and balance spending, which is usually a vibrant economic stimulus quarter. Finally, the fourth quarter is the election period, all policies of the successor will be implemented immediately after taking office and of course will be policies to reassure the people in order to gain the trust of factions, voters, ... The driving force to promote a wave of mad cows is still waiting ahead. Any strong fluctuations may occur before the market enters the breakthrough phase.
It seems that LookOnchain was paid to post. Co-Founder Ether always sells during the bullish phase, this address has also made similar moves in the past when depositing $ETH on the#krakenexchange and then skyrocketing. There are always very large wallet addresses depositing on the exchange during the sensitive period with the information "depositing on the exchange to sell" and being reported on other media sites. But think about those holding tens of millions of $ or even hundreds of millions of $ , are they willing to sell at this price? These organizations can hold for cycles or even decades. Wait and see how the market reacts to the price in the following days.
Many people are FUD-mouthing and BUYing, the pirates are stealing#STRKor something, why can't it recover like this? 😀 Just kidding, anyone who bought early like me, this monkey, will want to reduce the swing, so it usually has a DCA trend, but the result is that the more DCA, the more it decreases, Selling will cause a big loss, but switching to another one is afraid that it will fly away, because mCap is not as high as before, right? After half a month of buying#STRKand #ZK, returning to the "top" of the account, ZK is making a profit of about 30%. Meanwhile, the pirates are still negative on the most recent buy order (buy 0.4u). The#STRKchart is not much different from $BLUR last year, guys. Blur kept decreasing, until October, when the market was good, they started hiring wintermute as MM and legalized the price push.
On Friday, early morning view analysis of BTCThe Bitcoin market yesterday's trend did not have a large fluctuation range, the fluctuation was narrow, and the trend was quite slow. Yesterday, if anyone followed me to sell btc around 61200-61800, they would have earned about 1000 prices. Currently, the rhythm is still in a slow fluctuation trend, the recovery momentum is not enough, and the high selling strategy remains unchanged in the operation. In terms of technical structure, the trend on the daily chart is still operating in a way that alternates between bullish and bearish candles. After the previous big fluctuations, the market has entered a correction phase. In the short term, it is difficult to have a large unilateral move. Therefore, in recent operations, try not to look at the unilateral trend. On the 4-hour chart, there is also a clear tug-of-war trend. In the short term, the high trend is down, and from the technical structure, it shows that this decline is not over yet. Therefore, in the short term, the individual is still optimistic about the market's downward movement. Trading strategy: Short BTC around 60700-61000, the target to pay attention to around 59500-58500,
ETH is a Really Good Investment Opportunity, As It Is In A Solid Accumulation Phase Ethereum (ETH) is still in an accumulation phase despite a breakout to $2,697 on Tuesday, but sellers quickly reversed course. This shows strong selling pressure around the $2,700 level. Looking at the daily chart, we can see that neither the bulls nor the bears have been able to take the initiative and dictate the price action. Since losing $2,700 on August 12, ETH has struggled to gain momentum, with buyers failing to make a significant push to higher levels. However, they have held ETH above $2,500, showing strong support at this level. ETH has been relatively quiet since Friday when it recorded a 9.93% gain to move to $2,594. Saturday saw another small increase that allowed ETH to settle above $2,600 at $2,614. A push to $2,700 failed to materialize on Sunday as sellers were able to push the price down from an intraday high of $2,684. Sellers attempted to push ETH lower on Monday, but buyers were able to regain control and push ETH to $2,639 after a 1% gain. Buyers made a strong push to break above $2,700 on Tuesday as ETH hit an intraday high of $2,697. However, with sellers aggressively defending this level and the 20-day SMA also coming into play, bullish sentiment has waned as ETH has fallen back 2.44% to $2,574. The current session sees ETH up nearly 1% and trading at $2,599.
✨Top technology coins that have decreased less will definitely include $LINK, the king of Oracles - Most altcoins split from 5 to 10 times, then $LINK splits more than 2 - At the beginning of the year, we only expected $LINK to be around 10$ to buy, but before the market storm, $LINK even created a beard of 8$ - Among the altcoins, except for $ETH, I will probably rank $LINK behind Bluechip projects so that you can hold it for the long term - It is not surprising if $LINK reaches 3 digits this season, if you hold, you can be sure because $LINK is a token that increases slowly but sustainably and safely
Pump Pump Pump $BTC started the day by increasing 2000 price to let Altcoin run around, just for fun, guys 😁 Let's see if he can break the support zone at 60.6-61.4.
Market analysis August 19 During the last two days of the week, BTC price fluctuated in a narrow range, on Sunday it increased to 59k5, however this morning it dropped sharply to the 58k2 area, currently recovering to the 58k4 area and still has a downward trend. Technically, the transition between bullish and bearish candles on the daily chart is very serious, the Bollinger band is seriously narrowed, the average line position is broken, the secondary indicators clearly indicate a downtrend, the daily chart still maintains a downtrend! Trading strategy August 19: When the price is close to 57k5-58k, enter a buy order, the target is 59000-59500-60000 Wish you all successful trading