If you are looking for a currency to invest in at the right time, read this post carefully to understand what you should do.....
Technical analysis and positive price signals:
1. Strong and clear support:
From the charts, we can see that the currency has reached a strong support level at around 0.0060. This level represents an important retracement point that shows buying power.
Proving that the price movement itself is always between support and resistance and that we can understand its movement by focusing and repeating.
Most of us suffer from continuous losses and some of us have become desperate due to not making satisfactory profits. In this post, there is a simple example that revives passion and hope for trading to be a good incentive and financial stability that satisfies the person for the time he spends in it. The first Japanese candles always talk, but we do not understand them or listen to them. What do you think is the reason?
Blockchain Cryptocurrencies Comparison: Is Investing in Them a Good Option?
Analysis of each currency and its investment horizon:
1. Solana (SOL) #Sol $SOL Main objective: A super-fast, scalable network that rivals Ethereum. Mechanism of action: It is based on a hybrid mechanism that combines Proof of History (PoH) and Proof of Stake (PoS). Speed and cost: Transaction speed: 65,000+ TPS. Very low fees (less than $0.01).
"How I Lost Money on Neiro Because of My Blind Trust: Hard Lessons from Personal Experience"
$NEIRO the introduction: In this post, we will discuss the Neiro cryptocurrency, which has recently seen a strong rise followed by a sharp decline. We will highlight the following points: 1. What is Neiro coin?
2. What are the reasons for its strong rise?
3. Why did it drop so much?
4. Why is investing in Neiro risky?
We will provide a detailed explanation of these aspects to help you understand this type of currency and make informed investment decisions.
Why should I invest in Ton and should you also hurry up and make it a staple in your portfolio?
Here I will explain and summarize why Ton works A rising and strong currency, with reasons, sources and supporters mentioned. $TON What is Toncoin (TON) and why is it important? Toncoin (TON) is the cryptocurrency of The Open Network (TON), a cutting-edge blockchain project initially designed by the team at Telegram, one of the world’s most popular messaging apps. Although Telegram officially withdrew from the project due to legal issues, the project has continued to grow with the support of its independent developer community.
Why is Binance one of the most important platforms in the chart and how can we benefit from its features?
The first image shows the drawing of the platform itself. Many people use this interface for the platform, but there is a feature supported by the Binance platform: moving to the Trending view interface. In this post I will explain 1-How to change the chart? 2- We show more indicators and all types of Fob charts. 3- All types of trends
First, at the bottom of the first picture from the right, there is the word “more” if it is in Arabic, or the word “more.” Click on it.
How to be a whale and know the market movement through support and resistance
$SOL Brief analysis of the movement of the Solana currency as an example Stages of movement: 1. First ascent: The currency saw a strong rise and reached a clear resistance point where the price was pushed back and retreated. 2. Retest: After the first pullback, the price tried to rise again but failed, leading to another pullback. 3. Third attempt: Currently, the currency is in the resistance testing phase for the third time, which is an important indicator that buyers are showing great strength in this area.
XRB (NANO) Coin Analysis: During the past month, the coin was trading at very low levels (cents) 0.58, but it witnessed a price explosion reaching $ 2.8. Currently, we notice that the coin is in a state of consolidation or accumulation, which means that there is interest in accumulating liquidity. This is considered a positive and strong indicator.
Key points of the coin analysis:
1. Bottom Test: The bottom was tested twice successfully, which shows the strength of the support level.
2. Top Test: Also, the top was tested twice, which indicates that the coin is ready to break the resistance.
3. Strength during the decline: During the recent market decline, the coin proved to be one of the strongest currencies in terms of resistance to decline, which strengthens our confidence in its strength.
4. Upcoming expectations: As the consolidation continues, we may be surprised in the coming days by a new rise and a breakout of the current top.
Note: This is not investment advice. It is important to keep up with news and technical analysis and manage risk carefully. ---
People often hesitate when to enter the market, whether at sunset for foreigners or at night for Arabs. This is one of the difficulties I have faced a lot, as many do not know whether the market is in a downward or upward trend.
The truth is that technical analysis is not as difficult as some think, but apart from technical analysis, we must focus on understanding the movement of the currency and where it will reach, and whether it will fall or rebound.
In the attached image, we notice that the currency fell from a certain resistance area and then rose strongly, but now it has returned to the same resistance area. Here we must make sure that there is a new rise coming.
How to determine this rise? Through the candles on the chart, where the ribs appear at the bottoms, along with the circular shape shown in the first image. After the fall, the candles began to rise clearly, indicating the possibility of a new rise.
This is one of the methods of technical analysis, where we are able to identify resistance areas and contribute to making accurate buying decisions.
There are many people who hesitate to invest in the "Not" coin, which is derived from the "Toon" coin. Some believe that the Not coin has not witnessed a significant rise or progress, and claim that it has no value or authority.
But the truth, as shown in the attached chart, is that there is a break in the downtrend, indicating the beginning of a new rise. The Not coin has already risen by one cent, then returned to a slight correction, which means that there is a great opportunity to achieve a greater rise.
The coin is expected to reach 5 cents at the very least, and perhaps 8 cents within one month, or within a period not exceeding the end of the following month. So, investment advice: Do not let the Not coin slip away from your hands. This is one of the promising investment opportunities, especially since the coin relies on a strong and stable structure.
On the four-hour frame, there is a decline according to Fobnaci. My advice to everyone is to prepare for this strong decline. After that, a strong rise will begin. Buy in stages and calculate. If the price declines from this point to buy again.
As we witnessed after the Baby currency declined to 0.000014 It exploded to 0.000019 And now it has declined. Start buying. One month will surprise you with the next price of the currency
$BTC The decline in Bitcoin price from $107,000 to $92,000 can be explained by several major factors that directly affected the price movement. Here are the possible reasons:
1. Profit-taking
After the huge surge to $107,000, many investors sold Bitcoin to take profits.
The mass sell-off caused an increase in supply and a decrease in demand, which led to a decline in the price.
2. Pressures from traditional markets
The cryptocurrency market was affected by global economic pressures, such as rising interest rates in the United States.
The Federal Reserve’s announcement of austerity strategies prompted investors to move away from riskier assets such as cryptocurrencies.
3. Liquidation in derivatives markets
The derivatives market witnessed a massive liquidation of Bitcoin-related futures contracts, which led to a rapid decline in the price due to increased selling pressure.
The liquidation of positions worth $1.2 billion significantly affected the price movement.
4. Regulatory Tensions
Some negative news about cryptocurrency regulation, such as new regulatory trends in the US and Europe, has affected investor sentiment.
5. Psychological Market Reaction
The cryptocurrency market is highly influenced by psychological factors. As the price declined, the market entered a sell-off wave for fear of a further decline, which led to an additional decline.
Cryptocurrencies have been experiencing significant volatility recently, with the prices of several digital assets dropping significantly. For example, Bitcoin fell below $97,000, recording a 3.15% decrease in the past 24 hours. Ethereum also fell below $3,400, with a slight increase of 5.45% during the same period.
These fluctuations are attributed to several factors, including geopolitical tensions, changes in global monetary policies, and regulatory developments related to cryptocurrencies. For example, Hong Kong has granted licenses to four cryptocurrency exchanges, indicating a move towards regulating this market.
As for future expectations, some experts expect cryptocurrencies to see a recovery in the coming period. For example, some analysts indicate that the price of Bitcoin could reach $100,000 by the end of the year. Some also expect the price of NEO to reach $21.52 by the end of 2024, and $67.47 by 2030.
However, investors should be cautious, given the ongoing volatility in the cryptocurrency market. It is always advisable to conduct the necessary research and consult experts before making any investment decisions.
I am now convinced that patience is what we need and to remove fear, I always used to follow the saying that you must set a stop loss limit and every time the market movement was heading somewhere I set a loss limit But you trade without a loss limit and strengthen and finance the portfolio so that it does not reach liquidation and you are patient while you are making a purchase, it will return and rise no matter how low it is, or you surrender, patience must be present in the world of currencies
Experienced people, I am thinking of financing the future with a hundred dollars so that the liquidation price moves away and I strengthen so that the price goes down from negative and I close the deal. What do you think? Advise me to exit with the least damage