For those who still don't know what Japanese candles mean. Japanese candles are a graphical way to represent how the price of something (like a cryptocurrency, stock, etc.) moves over a period of time. Each candle gives you four key data points:
1. Open: The price at the beginning of the period.
2. Close: The price at the end of the period.
3. High: The highest price reached during that time.
4. Low: The lowest price reached. The candle has two parts:
Body: The thick part. It represents the difference between the open and the close. If the close is higher than the open, the body is usually green (up). If the close is lower, it is usually red (down).
Wicks (or shadows): The thin lines above and below the body. They show how far the price went (highs and lows). In summary, a candle tells you how the price moved over a period, and by looking at them together, you can notice patterns that help you predict future movements. It's like reading the "mood" of the market! #MarketPullback $BTC
🔴SCAM ALERT🔴 Hello, how is everyone doing? Yesterday while looking at posts on Binance, I saw a post where someone was supposedly donating cryptocurrencies (we all know that nothing is given for free). They posted an attached photo of their supposed wallet in which they claimed to have 10 million USD. They displayed a list of supposed winners of their prizes of 0.3 BTC, 1 BTC, and more; it's crazy, who would give you 1 BTC these days? 😑 As a first measure to participate in some of those supposed prizes, their post had a link to a WhatsApp group. In the group, there was nothing particular—a profile picture with Binance in the background and no more than 10 people in the group, but be careful, while I was in the group, many more people joined. That’s why I wanted to know how it operated so that no one gets scammed, especially in this time. What they did was a fairly simple method that might seem ridiculous to most. But there are always new people, and also people who, when it comes to giveaways, go without thinking and fall into the hands of these individuals who are only looking to scam. What they proposed was a dynamics of sending funds. You send me 0.001, I send you 0.002, and so on. The idea was to reach 100 USD. As you can understand, starting with so little is a daunting task and takes too much time to send such small amounts to reach 100 USD. That’s when they ask you to send a non-zero amount to speed up the process. Automatically, when you send them that money, which is nothing—1 USD—they kick you out of the group and block you from the contact you were talking to. I share this because it was my main idea, to unmask this person who supposedly gives away money in cryptocurrency. Their profile appears as "growing with the master" Please, if you see their profile, report it. It’s the only way to stop what they are doing. As I said, not everyone believes the story, but many do. Let’s help each other so that no one falls into the hands of these people who live off what others earn, no matter how much or little it is. Thank you and regards. #BTCNextMove
The cryptocurrency market is experiencing a pullback, prompting debates: should one buy the dip or hold the position? Historically, corrections have proven to be golden opportunities for strategic investors. Analyze your portfolio, stay updated on market trends, and avoid emotional decisions. Remember, patience often rewards those who hold their position during volatile times.
🚨 Disclaimer: this is not financial advice. Do your own research before making decisions $BTC #MarketCorrectionBuyOrHODL
⚠️Analyze the information provided with your knowledge and experience in Trading before investing and remember that this market is very volatile and can lead to significant gains as well as losses. If you choose to act on the signal, all consequences arising from it will be entirely your responsibility. In case you decide to use leverage, remember to set the Stop Loss according to your investment criteria. $BTC #CryptoUsersHit18M
There is a big misconception among people and today I am going to clear your doubts.
when a new coin is launched and it shows a percentage based on the low of that candle and the price where the market is currently, like $VANA it is up 2400% right now.
The misconception is that people think that there are people who bought it at $1 and others at $25.7 When Binance adds a new coin they must mention three prices before trading starts.
opening price high of the day low of the day for example#VANAthe low is $1 and the high of the first candle was $25.70 and the opening price was around $21.79 the low is mostly based on the ICO price of that coin or the launchpad price and the highs are random or based on CMC if it is already trading on other exchanges. Sometimes both can just be random numbers based on the market cap at the time of launch.
So the percentage you see on the screen is the difference between the ICO/launchpad price and the current market price. It's the percentage that the ICO or seed investors got.
Like I said, they have to add up 3 prices before the launch, there's no way someone bought it at $1 or $25.70 when trading started. Everyone buys at the value that trading starts at. Don't be impressed or surprised by these numbers, you need to know how these things work. It's important.
🔥#BinanceLaunchpoolVANA Market Value of Vana Coin for Each of the 0.007$ Y 5$ Price Prediction 🔥
Step 1: Gather Market Data Historical Price Data: Collect historical price data (open, high, low, close, volume) for VANA. This can be done using Binance APIs or trading platforms.
Market Sentiment: Monitor news, social media, and forums to understand the sentiment around VANA.
Fundamental Metrics: Study the fundamentals of the VANA project, including: Market capitalization. Circulating and total supply. Utility of the token and use case. Roadmap and partnerships
Step 2: Technical Analysis (TA)
2.1 Identify Trend Use moving averages: SMA (Simple Moving Average): Identify long-term trends. EMA (Exponential Moving Average): Highlight short-term price trends.
2.2 Identify Support and Resistance Use horizontal lines and Fibonacci retracements to identify support/resistance zones. Step 3: Fundamental Analysis (FA)
3.1 Evaluate Tokenomics Analyze the token supply structure, inflation/deflation mechanisms, and staking rewards.
3.2 Ecosystem and Use Cases Evaluate the adoption, partnerships, and real-world use cases of VANA. Step 4: Advanced Models
4.1 Machine Learning Train a predictive model using historical data (features such as price, volume, sentiment, etc.).
Step 5: Risk Management Use position sizing and stop-loss strategies to mitigate risks. Allocate only a percentage of your capital to speculative assets. #BinanceLaunchpoolVANA
Technical Analysis of SEI/USDT: Key Levels to Watch The SEI/USDT pair is currently trading at $0.6016, positioning itself near important support and resistance areas. Here’s the breakdown: 💡 Support and Resistance Levels: Support Zone: $0.5800 - A solid support level that has provided a base for upward movement in the past, offering potential for a bounce if tested again. Resistance Zone: $0.6300 - A crucial resistance level that has limited upward price action, marking a key area for a possible bullish continuation. 📈 Market Outlook: SEI is consolidating around $0.6016, near the key support at $0.5800. If the price breaks above $0.6300, it could trigger a rally, with a target of $0.6500 or higher. However, if the support at $0.5800 fails, a pullback towards $0.5500 could be expected. 📊 Trading Strategy: For Bulls: Look for a breakout above $0.6300, with targets at $0.6500 or higher. For Bears: A break below $0.5800 could present short-selling opportunities, aiming for $0.5500 or lower. For Range Traders: Consider buying near $0.5800 and selling near $0.6300 to capitalize on price movements within the range. SEI is testing critical levels; watch for a breakout or breakdown. As always, implement proper risk management for the best trading results!
the son of former U.S. President Donald Trump has shared an optimistic perspective on Bitcoin, predicting that its value could soar to $900,000. He believes that the decentralized nature of Bitcoin and its growing adoption make it a strong contender to reach such unprecedented heights. Highlighting Bitcoin's role as a hedge against inflation and its increasing acceptance by institutions and investors, Eric emphasized that the cryptocurrency market has matured significantly. According to him, Bitcoin's limited supply and its global appeal position it as a unique asset capable of offering immense value in the future. While such a prediction is bold, it reflects the growing confidence in digital assets as a key player in the global financial system. #BTCReclaims101K
- 07:00 Eurogroup meeting - 08:30 Trade balance Chile - 11:00 Inflation expectations U.S. - 13:30 Public debt auction for 3-6 months U.S. - 20:50 GDP Japan #CalendarioEconomico
$TAO ¡Long liquidation collapsed! TAO long liquidated: Amount: $90,900 Liquidation price: $691.91 The bulls of TAO felt the sting as $90.9K in long positions were annihilated at $691.91! This sharp decline highlights a powerful wave of bearish pressure, surprising over-leveraged traders. The liquidation marks a significant shift in momentum, leaving the market wondering if $TAO can recover or if there are more drops on the horizon. → Why did this happen? 1. Failed breakout: TAO struggled to maintain its bullish momentum, triggering cascading liquidations. 2. Bearish reversal: Sellers capitalized on weak long positions to drive prices down. 3. Market volatility: High leverage combined with rapid price movement created a perfect storm. → Current value analysis If above $691.91: A recovery attempt could target $700, but bulls need strong volume. If below $691.91: Expect more drops towards $680 or $670 as bears tighten their grip. What’s next for $TAO? 1. For the bulls: Watch for consolidation near $690 and attempt a rebound above $700. 2. For the bears: Aim for $680 or lower if the bearish momentum continues. → Key movement: Stay cautious: Sudden movements in TAO demand precise strategies! Are you planning to buy the dip or take advantage of the downward trend? Share your approach!
#2024WithBinance The price of a Bitcoin surpassed 100,000 dollars for the first time on Wednesday, a milestone for a digital currency that was once considered a sideshow and a passing fad. What started as 'an experimental project by enthusiasts,' according to Finn Brunton, author of a 2019 book on the history of cryptocurrencies, has become 'a truly impressive feat.' Those who bet on Bitcoin could very well stand today in front of the crowd of skeptics to challenge them: 'Look who you laughed at,' like a Uruguayan girl did who went viral in 2007 after winning a cruise for two in a contest on the Buen día Uruguay program on Canal 4. When the microphone was put in front of her, the girl said the phrase as a retort to a schoolmate who had laughed at her. In May 2010, Laszlo Hanyecz, one of the first enthusiasts of cryptocurrencies, used Bitcoin to buy two pizzas at Papa John's. He spent 10,000 Bitcoins on one pizza. He spent 10,000 Bitcoins, about 40 dollars at the time, on one of the first purchases made with the digital currency. It has turned out to be the most expensive pizza in history: 1 billion dollars. Bitcoin is now possibly the most successful investment product of the last 20 years. The value of all circulating coins is 2 trillion dollars, more than the combined value of Mastercard, Walmart, and JPMorgan Chase.
Technical analysis of the SHIB coin 📊 🎁🚀 Enter 🎁 my account 🎁 There is a 🎁 reward 🎁 in the first article 🎁 Recommendations $SHIB 0.00003191 +5.83% The general market trend 🌟 Current price: 0.00003078 📉 Decrease of 1.16% in the last 24 hours. The price is moving in a narrow range after a bullish trend, which may indicate a period of consolidation or market breakout. Main technical indicators 🔍. Moving Averages (MA): MA(7): 0.00003033 ➡️ The price is above the short average (7 days), indicating a slight positive momentum. ➡️ The price is below this average, reflecting short-term resistance. MA(99): 0.00003014 ➡️ The indicator shows a strong overbought condition, increasing the possibility of a price correction for $SHIB .. Trading volume: 🔊 Trading volume: 69,933,969,090,000 ➡️ The indicator is close to the neutral zone, meaning the price has not yet reached excessive levels of buying or selling.
Support and resistance levels 📏 Strong support: 0.00003014 (support from the 99 average). 0.00002750 (main support level). Key resistance: 0.00003068 (25 median). 0.00003316 (the recent highest peak) Expected scenarios 🔮 Bullish scenario (positive): 🚀 If the price breaks the level 0.00003068, it may target the next resistance at 0.00003316. Strategy: Enter on the breakout with confirmation with high trading volume. Bearish scenario (negative): 📉 If the price breaks the support level at 0.00003014, it may drop to 0.00002750. Strategy: monitor support levels to exploit buying opportunities at lows.
Recommendations ✅ 1. For investors: Wait for clear breakout signals before making a decision. 2. For day traders: Be alert to overbought signals on the STOCHRSI indicator to avoid entering buy positions at the highs of $SHIB . #2024withBinance
🎁🚀 Join 🎁 my account 🎁 There is a 🎁 reward 🎁 on the first article 🎁 Recommendations $SHIB SHIB 0.00003191 +5.83% The overall market trend 🌟 Current price: 0.00003078 📉 Decrease of 1.16% in the last 24 hours. The price is moving in a narrow range after an uptrend, which may indicate a period of consolidation or market breakout. Main technical indicators 🔍 1. Moving Averages (MA):
COIN NAME- #TIA🔥🔥🔥 SIGNAL TYPE- LONG This chart shows the TIA/USDT pair on the 2-hour timeframe forming an inverted head and shoulders pattern, a bullish reversal structure. The left shoulder, head, and right shoulder are highlighted, with a red horizontal line representing the neck resistance around the $8.60 level. A potential breakout above this neck, confirmed by an increase in volume, is indicated by the blue arrow, suggesting a bullish target. The height of the expected upward movement is calculated based on the distance between the lowest point of the head and the neck. The Fair Value Gaps (green boxes) act as liquidity zones, previously providing support for the price. Trade Details: Entry: Around 8.334 ( Join my live Binance stream for premium crypto signals ) TP: 11.500 SL: 7.750
TRU/USDT Technical Analysis: Key Levels & Trading Strategy 🚀 The TRU/USDT pair is currently trading at 0.1404 USDT, and the market is showing exciting potential for price action. Let’s dive into the key support and resistance levels and develop a strategy to take advantage of the current setup. 📉 Support Level: The 0.1350 USDT area is a key support zone to watch. If the price pulls back towards this level, it could present a strong buying opportunity as this region has historically provided strong price rebounds. 📈 Resistance Level: On the upside, 0.1450 USDT serves as immediate resistance. If TRU/USDT breaks above this level, it could trigger a move towards 0.1500 USDT, where additional resistance could emerge. 💡 Entry Strategy: Consider entering near the 0.1350–0.1400 USDT range, especially if the price shows signs of holding support and bouncing. Alternatively, if the price breaks above 0.1450 USDT, a breakout entry could offer a solid opportunity to ride the momentum towards 0.1500 USDT. 🔥 Market Sentiment: Market sentiment is cautiously bullish, with a range-bound structure suggesting breakout potential. Watch volume and price action around support and resistance levels to confirm the next move. Keep an eye on these critical levels and position yourself for the next opportunity! Happy trading! #BTC100K!#CryptoHistoricMoment#CryptoMarketHype#CryptoZombieUprising#Write2Earn!