Waiting for it to come back 2-2.1 to all in long but the post is too discouraging :))) Where are the candlestick patterns and candle signals? Feeling confused about the knowledge I have learned.
concasieuxau
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💡 Insights on WLD: Scenarios to Note
🔥 WLD Scenarios:
1. 🚀 Rise above $2.40 (40%): If WLD surpasses the $2.40 level and closes the daily candle above this threshold, the uptrend will be confirmed, with subsequent targets being $2.60 and $2.80.
2. 📉 Adjustment to $2.00-2.10 (60%): If WLD encounters resistance at $2.40, it may adjust to the $2.00-2.10 range, creating an opportunity to open a Short position.
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🎯 Trading Strategy (Long and Short):
1. Long Strategy (Bullish) - Leverage x10/x20: 📌 Entry Point: Buy WLD when the price exceeds $2.40. 💡 Stop Loss: Set at $2.20 to protect the account if the price adjusts downward. 🎯 Take Profit: Take profit at resistance levels like $2.60 and $2.80.
2. Short Strategy (Bearish) - Leverage x10/x20: 📌 Entry Point: Open a Short position when WLD encounters resistance at $2.40 or adjusts to $2.60. 💡 Stop Loss: Set at $2.70 to limit risk if WLD continues to rise. 🎯 Take Profit: Take profit at support levels like $2.00 or $2.10.
The cryptocurrency market is showing strong signs of an upcoming altcoin season, as key metrics shift from Bitcoin and stablecoins to altcoins. Below is an analysis of the signals and reasons why Arbitrum $ARB is a top candidate.
1. Decrease in USDT Dominance Index Transition: USDT dominance has decreased by 1.05%, indicating that capital is moving from stablecoins to altcoins. Implication: This transition often marks the early stage of an altcoin rally, driven by renewed investor confidence in higher-risk assets.
2. Decrease in Bitcoin Dominance Current Status: Bitcoin dominance has dropped to 60%, down 0.5% in the past 24 hours. Threshold to Watch: A drop below 58% could trigger significant altcoin momentum. History shows that altcoins often experience exponential growth when Bitcoin consolidates after a rally.
3. Better Performance of Ethereum ETH/BTC Ratio: A significant 8% growth in the ETH/BTC ratio over the past day highlights the increasing strength of Ethereum. Current Price: Ethereum is trading at $3,383.97, emphasizing its position in the Layer 1 and Layer 2 ecosystem.
4. Arbitrum (ARB): An Important Altcoin to Watch Focus on Layer 2: As a prominent Layer 2 solution for Ethereum, Arbitrum is gaining momentum in the DeFi and gaming sectors.
ZkSwap Finance announces 4 new features to enhance the DEX user experience
Could this be a move to kickstart the wave?
zkSwap Finance, the first Swap2Earn platform in the ZKsync Era ecosystem, has announced the release of four new features that enhance its pioneering, unique incentive model in the broader cryptocurrency market. This community-focused project has just entered its second year but is proud to have a diverse range of products that allow users to access a "thoughtful and sustainable economic model that drives innovation".