Candlestick patterns are used to predict the future directio | Wealth C on Binance Square

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Candlestick patterns are used to predict the future direction of price movement. Discover $ of the most common candlestick patterns and how you can use them to identify trading opportunities.

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After initially reaching $0.000021 toward the end of September, Shina Inu faced bearish pressure that then resulted in a significant decline that sent the price below the $0.000019 mark. This recent price dip experienced by Shiba Inu is causing investors to abandon the meme coin and look for other promising opportunities. Amid this search, investors are considering both Ethereum and another Ethereum-based meme coin called Cutoshi. But this time around, it is an Ethereum-based meme coin that prioritizes utility over memes. Moreover, this new token is already gaining traction in its presale as it sees million tokens sold in weeks and more than $500,000 raised. #SibaInu #MemeCoinTrending #CanaryLitecoinETF #NewsAboutCrypto

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Why is Solana a better investment than Ethereum? Solana, launched in 2020, has quickly become a major player in the cryptocurrency world. Its innovative technology and rapid growth have caught the attention of investors and industry experts alike. In 2024, Solana has continued to make waves, generating impressive returns and challenging established players.#solonapumping #MemeCoinTrending #GrayscaleConsiders35Cryptos #USRetailSalesBoost

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Crypto Hack Costs Tapioca DAO $4.5M, TAP Price Crashes by 96% According to recent reports, a crypto hack targeting Tapioca DAO resulted in the loss of $4.5 million worth of cryptocurrencies. The hacker exploited the DAO’s vesting contract and the USDO stablecoin contract, accessing 30 million TAP tokens, which had a value of approximately $1.40 each before the attack. These tokens, now worth less than $0.04, were quickly liquidated, causing a massive crash in the token’s value. In total, the attacker walked away with $4.4 million. This included $2.8 million in USDC and $1.57 million in Ethereum, which were swapped into USDT and later bridged to the Binance Smart Chain. As a result of this exploit, TAP Price dropped by over 96%, falling from $1.50 to $0.046 in just 24 hours. This event also triggered a 12,916% increase in trading volumes due to increased market activity as traders reacted.#MemeCoinTrending #GrayscaleConsiders35Cryptos #TeslaTransferBTC #USRetailSalesBoost

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Smart Money Is Loading Up on These Cryptos: What Are Ethereum Whales Buying Before the Market Shifts? Major investors are quietly accumulating specific cryptocurrencies in anticipation of market shifts. By analyzing the buying patterns of Ethereum’s largest holders, clues emerge about which digital assets are poised for growth. Which tokens are catching the attention of these influential players? Uncover the strategies behind their choices and explore potential opportunities in the evolving crypto landscape.#GrayscaleConsiders35Cryptos #MemeCoinTrending #USStockEarningsSeason #TeslaTransferBTC

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Gold price (XAU/USD) builds on its uptrend witnessed over the past week or so and climbs beyond the $2,700 mark, hitting a fresh record high during the Asian session on Friday. Major central banks have been cutting interest rates and are expected to ease monetary policy further. This, along with persistent geopolitical risks stemming from the ongoing conflicts in the Middle East and the uncertainty surrounding the US Presidential election, turn out to be key factors driving flows towards the precious metal. Apart from this, a modest US Dollar (USD) pullback from its highest level since early August touched on Thursday further lends support to the Gold price. Meanwhile, traders no longer expect another outsized interest rate cut by the Federal Reserve (Fed) in November, which had been a key factor behind the recent upswing in the US Treasury bond yields. This, in turn, should help limit any meaningful USD corrective decline and hold back traders from placing fresh bullish bets around the non-yielding yellow metal.#gold#GOLD_UPDATE #MemeCoinTrending #USRetailSalesBoost #BNBRisesTo600

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