FOR has seen a huge surge recently, but now a clear decline is evident. Is this a warning of a deeper correction to come, or a dip before the next rally? 🤔免废家🐍qu:威;LSTT0112 Past patterns suggest a possible comeback. Are you going to sell or hold?
The price is trading in a channel up pattern and has just broken the $0.000010 resistance level. ™There is a +20% upside potential to $0.12 in the short term as the price continues to rise in the channel. The stop loss is $0.88. 免废家🐍qu:威;LSTT0112
Bullish but with inflection points. The MACD line is above the MACD signal line and the RSI is above 55, but the momentum may have peaked as the MACD histogram bars are declining, which suggests that the momentum is fading.
The nearest support level is $0.0000092 (former resistance) and then $0.0000080. The nearest resistance zone is $0.000010 and then $0.000012.
At present, it is still a strong adjustment. Wait until Monday. If there are two more small K lines that stay horizontal, it will be the same as the two red circles. There is a divergence structure, not a sudden pull. Let's see if the big cake dances alone. Although there is no volume, it is still very strong. Don't waste your energy. Just go to Gawei; LSTT0112. Binance U contract pulled this position. How to say it is still a bit subtle. Let's see if the big cake can pull back to around 65,500. The yield is finally positive. This month is too difficult.
SOL is now priced at 170U+. At this price, do not buy spot at a high price! Because it does not conform to the trading system and discipline, it has already left our best bargain hunting position.
Just calculate it this way. Even if the current price of 172U rises to 200U, your spot will only make a profit of 17% at most. However, it is different from bargain hunting. The risk of bargain hunting is very low. Opportunities come from falling, not rising. 免費劲伽威;LSTT0112
SOL currently has two supports: 163.5U and 148U. Because its price is constantly rising, these two are the short-term supports.
In fact, all coins depend on BTC. BTC's short-term support is 65700U and its extreme support is 63700U. #BTC
There are indeed quite a lot of projects approaching the large-scale unlocking period recently. Following the AEVO and WLD mentioned above, the next super-large unlocking project will be in 3 days
PYTH will unlock 141% of the current total circulation at 10 pm Beijing time on May 20. The number is not as outrageous as AEVO, but the market value is even better No need to waste energy🐍qun is just Gawei; LSTT0112
Pyth’s current circulation market value is 644 million. According to the current price, the unlocked value will reach 900 million at the end of the period. But how to say it, although PYTH is unlocked in large amounts, I still think it is a very good token
The top three positions in the oracle sector, Link’s strongest challenger, unlike Aevo, this project is more worthy of long-term investment, but referring to aevo, it is estimated that the short-term fluctuations will also be large at that time, but I recommend hedging rather than clearing positions
Bitcoin: Bullish Consolidation or Waiting for a Breakout?
BTC’s recent price action may look like a choppy dance, but there are positive signs! While flipping support and resistance levels in a narrow range, the price remains above $65,000 — a#bullishindicator in itself;LSTT0112This consolidation could be a precursor to a new $BTC rally next weekend. However, we have also reached local resistance, so a small pullback is natural.
$NOT team sends 1 billion tokens to Pavel, will this be Notcoin's Shiba Inu moment
Telegram founder and The Open Network received 1 Bilion Notcoin as a gift for 500k players.
In February, more than 552,000 Notcoin players contributed a portion of their in-game tokens to Durov, resulting in him receiving more than 1.03 billion NOT tokens.
In a post to more than 2.5 million subscribers on the Telegram channel, Durov praised Notcoin's rapid growth, noting that it reached 35 million active users in a few months. > Pavel told him that he would not sell the token until it reached 100x, which is probably the Buterin effect, when Vitalik Buterin just burned most of his dollars, the effect of Shiba Inu Supply to Helping the Community and Shiba Inu did more than 50x from there.
Buckle up, traders! Bitcoin (BTC) is sending mixed signals.
On the 1-hour timeframe, there appears to be a hidden bullish signal, suggesting a potential price rally. However, the 4-hour timeframe paints a contrasting picture with the MACD oscillator closing in a bearish direction.
So, what does this mean for BTC? The post suggests that the coin is currently in a neutral state, awaiting a major move in either direction. This presents an opportunity for traders to take advantage of an eventual pump or sell. 免废劲+魏;LSTT0112
As long as the big cake maintains the upward trend and fluctuates or fluctuates upward, there is still a lot of room for the operation of the altcoins. Smart project parties either control the market themselves or cooperate with market makers to start "cutting leeks". The bear market is a process of collecting chips from "dog dealers", while the bull market is a process of distributing chips from "dog dealers". It's just that this "dog dealer" may be the project party, the main force of wealthy big households, or you??No need to waste your energy🐍 qu;+魏;LSTT0112 For us retail investors, the only thing we can do is to observe the general trend of Bitcoin, pay attention to hot tracks and hot coins, and follow a project that is willing to make trouble. It eats meat and you drink soup. I think this market can still be played until the first quarter of next year. By then, if you haven't caught up and drank soup, then you have to accept starvation.
ALTS Market Cap has broken out of the symmetrical triangle and is currently retesting above it. A successful retest will confirm the bullish trend. However, if the price moves back inside the triangle, it could indicate further volatility within the triangle. 免废劲🐍 qu;+魏;LSTT0112
WLD’s downtrend continues with a confirmed bearish flag pattern, typically a continuation signal for #bearish. The price broke below the critical resistance zone of $5.63 to $6.13. However, a change in sentiment could lead to a reversal in $WLD price.
Here’s what to watch out for:免費劲🐍 qu;+魏;LSTT0112
Breakout direction: A breakout above the resistance zone could indicate a trend reversal, while a break below it could signal further downside.
Since yesterday, the rate of XRP has dropped by 0.39%.
According to the hourly chart, the price has broken the $0.5219 support level. If buyers fail to take the initiative soon, the decline may soon continue to the $0.5150 area.
On the longer timeframe, buyers need more time to accumulate energy for a new move. In this case, consolidation in the $0.5150-0.5250 area is most likely in the next few days.
The situation is slightly better on the weekly chart. However, it is too early to consider a quick reversal, as the exchange rate is far from the mainstream level. In general, sideways consolidation is expected between $0.51 and $0.54 by the end of the month. 免废劲🐍 qu;+魏;LSTT0112
Floki will burn 15.2 billion coins, consolidating a bullish pennant setup
The community#FLOKIcoin chose to destroy $3.2 million worth of FLOKI tokens. Floki has been ranked as the top altcoin in a short period of time by combining social and business activities. Analysts point to FLOKI's bullish pennant, strengthening their hopes for a new all-time high. 免費劲🐍 qu;+魏;LSTT0112
A new proposal from the FLOKI Decentralized Autonomous Organization (DAO) proposes to destroy 15,246,000,000 remaining FLOKI tokens. Floki's decoction proposal quickly caught the attention of community members, who voted almost unanimously in favor of implementing it. According to the results, 99.84% of voters agreed to burn 15.2 billion Floki coins, as the proposal modifies the three previous burns initiated by the Floki DAO. In July 2022, the Floki community voted on whether to burn excessive tokens taken from blacklisted wallets, and in January 2023, the community decided to burn another 4.97 tons of Floki tokens.
In addition, Floki owners voted to burn another 190 billion FLOKI coins mined from the multi-chain bridge in February 2024. It is worth noting that in the latest FLOKI DAO destruction event, the number of Floki coins was less than in the first three destruction actions initiated by the DAO.
However, this fact is in line with FLOKI's goal of maintaining a deflationary cryptocurrency that is fully controlled by community decisions. According to the description of the proposal, the burning operation will be carried out one week after approval.
Explanation of terms: * Opening a position: buy a little first * Adding a position: buy a little when the price goes up * Covering a position: buy a little when the price goes down * Reducing a position: sell a little * Full position: buy all the money in hand * Heavy position: buy a lot, don’t have much money in hand * Half position: still have half of the money in hand * Light position: not a lot when buying, still have a lot of money in hand * Explosion: all the money is gone* Stop profit: sell when you make money * Stop loss: sell when you lose money * Long: borrow money to buy when you are optimistic about the future market No need to waste energy🐍 qu;+魏;LSTT0112 * Chasing the rise: buy when you see the coin keeps rising * Killing the fall: sell quickly when the coin falls too much * Short: keeps rising, but you don’t get on the train
On the Bitcoin 24-hour liquidation map, there is strong short liquidation at the top between 67500-69500, and strong liquidation at the bottom at the 66200-64200 level.
RUNE Bullish EMA Crossover 1D Chart — 83% Win Rate ThorChain flashed a#bullishEMA crossover signal on the daily chart. Generally speaking, the win rate is higher when the signal flashes on a higher timeframe like the 1D chart.
In this particular case, the backtest shows a win rate of 83.3% based on 12 signals. Moreover, the trending ADX pushes the win rate to 100%. However, it is worth mentioning that the ADX is only showing a slight trend.
Historically, the signal has brought an average of 9% gains after 2 days. 免費劲🐍 qu;+魏;LSTT0112 For our current setup, there are two profit targets worth keeping an eye on. The first resistance is around 7.15, reflecting a profit of around 7%. After that, the level around 7.7 comes into play, reflecting a profit potential of 14%.
However, it is important to keep an eye on the momentum indicators as some of them are already showing bearish signs.