Making $5,000 per week in crypto trading is an ambitious goal, but with the right strategies, itâs within reach! đ
1. Scalping: Dive into quick, frequent trades to catch those tiny price movements. Every little bit adds up!
2. Day Trading: Close all your positions by dayâs end to avoid overnight surprises. Keep your risks in check!
3. Swing Trading: Ride the wave for a few days to a week, taking advantage of those sweet medium-term trends.
4. Position Trading: Hold on for the long haul, weathering market storms and reaping the rewards of patience.
5. Leverage: Amplify your gains with margin trading, but remember â higher risk, higher reward!
6. Diversification: Donât put all your eggs in one basket. Trade multiple cryptos to spread your risk.
7. Technical Analysis: Master the charts, patterns, and indicators to make informed moves.
8. Market Sentiment: Keep your finger on the pulse by tracking trends, news, and social buzz.
9. Risk Management: Always set your stop-loss orders, manage position sizes, and stick to a solid risk-reward ratio.
10. Continuous Learning: The crypto world never stops evolving, and neither should you. Keep learning, refining, and adapting!
Hitting that $5,000 weekly target demands discipline, a robust strategy, and constant learning. Remember, crypto trading is risky, and losses can happen, so never trade more than you can afford to lose. Stay smart, stay sharp, and letâs hit those goals together!
If you find this helpful, VOTE for me! đđȘ
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đšBreaking News: FED Meeting Minutes Released! How Will Bitcoin React?đš
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The crypto world is buzzing as the US Federal Reserve drops its latest FOMC meeting minutes! With Bitcoin (BTC) and altcoin markets closely tied to US economic trends, hereâs what you need to watch:
đKey FED Insights
â Policy Easing Soon?Most participants hinted at easing policy if current trends holdâcould we see a change next meeting?
â Rate Cut in July? Talks of a 25 basis point rate cut are on the table, with inflation progress and rising unemployment in focus.
â Inflation Nearing Target:The 2% inflation target is within reachâgreat for the economy, but how will BTC react?
â Employment vs. Inflation:Rising employment risks vs. decreasing inflation risksâa tightrope walk for the FED!
â Proceed with Caution:Some FED members urge caution, warning that premature cuts could reverse hard-won inflation gains.
Bitcoin Stays Steady! Despite the buzz, BTC hasnât flinched, could the market have already priced in these moves? Or is the real action still ahead?
Stay alert, traders! The next FED move could be a game-changer. Keep an eye on the latest economic data, it might just be the key to your next big trade!
#MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #CryptoMarketMoves #BinanceBlockchainWeek
Polygon (MATIC) grows amidst new token introduction. What's next?
Polygon (MATIC)Â has been among the top five outliers on the daily and weekly price charts. Since last Friday, MATIC has risen by nearly 20%, while the rest of the market has remained sideways.Â
Thatâs not all though as in what is now a new update, Polygon will change its native token from âMATICâ to âPOLâ on 4 September. The exchange ratio will be 1:1 for MATIC to POL. According to the Polygon team, the transition aims to make POL the gas and staking token for the ecosystem. It could be expanded to cater to Polygonâs aggregation platform (AggLayer).Â
On the daily chart, MATIC was bullish as it mounted above the $0.42-level. Since 16 August (last Friday), MATIC has embarked on an extended recovery that netted almost 20% gains, at the time of writing. This reversed most of its August losses. Â
MATIC was trading at $0.47, at press time, and had to clear two key resistance levels to hit the supply area at $0.55. The immediate hurdles were at $0.49 and $0.51. Given the massive buying pressure shown by the RSI (Relative Strength Index) cruising above its average level, these targets could be hit.Â
At the same time, the Stochastic RSI was overheated as it was in the overbought territory. Hence, a cool-off couldnât be overruled for MATICâs rally. Also, the $0.46 and $0.42 levels were key short-term supports to consider if the rally cooled off.Â
So, MATICâs extended recovery could face headwinds at $0.51 or $0.55, key resistance levels which could attract sell pressure.Â
#MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #CryptoMarketMoves #MATICâ
$MATIC
Ethereum ($ETH /USDT) Technical Analysis: Analyzing the Key Indicators Behind a 1.92% Surge*
The Ethereum (ETH/USDT) chart shows a solid upward movement with a 1.92% price increase, currently trading at $2,637.19. This surge follows a significant dip to $2,515.71, showcasing strong support at this level.
**Key Indicators:
- **Bollinger Bands: The price has breached the mid-Bollinger Band and is approaching the upper band, signaling potential bullish momentum. However, the bands are widening, indicating increased volatility.
- **Moving Averages (MA): The 5-day MA (4,737.5596) is crossing above the 10-day MA (6,770.0546), which can be a bullish crossover, suggesting further upward potential.
- **MACD: The MACD line (0.84) is above the signal line (6.74), another bullish signal that hints at continued upward momentum.
- **RSI: The RSI is at 56.57, moving away from overbought conditions but still showing strength. A further rise in RSI could confirm the bullish trend.
**Volume Analysis: The trading volume at 3.41M shows strong participation, confirming the validity of the recent price action.
**Conclusion: Ethereum is exhibiting strong bullish signals, with potential resistance around $2,696.31. The indicators suggest that the current momentum might continue, making it an exciting watch for traders.
**Crypto News Flash: Ethereum ETFs Face Outflows, Bitcoin ETFs Shine**
Ethereum ETFs in the US have seen five consecutive days of outflows, marking their longest losing streak since launching on July 23. The nine newly approved Ethereum ETFs have been overshadowed by significant outflows from the Grayscale Ethereum Trust (ETHE), which lost over $2.5 billion by August 21.
Despite this, inflows from BlackRockâs iShares Ethereum Trust ETF (ETHA), Fidelity Ethereum Fund (FETH), and Bitwise Ethereum ETF (ETHW) helped mitigate some losses. ETHA notably hit $1 billion in net inflows on August 20.
In contrast, Bitcoin ETFs are thriving. Since their January 2024 launch, theyâve maintained a net positive of $17.5 billion, with BlackRockâs iShares Bitcoin Trust (IBIT) leading the charge. On August 20 alone, BTC ETFs saw an $88 million inflow, their highest in two weeks.
VIDT: The Silent Sentinel of the Blockchain
Is a Bull Run Brewing?
In the vast and ever-evolving universe of cryptocurrency, VIDT DAO (VIDT) often remains a quiet observer, quietly securing the foundations of the blockchain. Yet, beneath its understated exterior, a powerful force is at work, quietly gearing up for a potential bull run.
A Beacon of Trust
VIDT's primary mission is to provide verifiable data integrity and authenticity. Its innovative timestamping technology ensures that digital assets and information remain tamper-proof, establishing a level of trust that is essential in the decentralized world. This unique value proposition has positioned VIDT as a crucial player in various industries, from supply chain management to intellectual property protection.
A Growing Ecosystem
Beyond its core functionality, VIDT DAO is actively expanding its ecosystem. Partnerships with other blockchain projects and integration with real-world applications are opening up new avenues for growth.
The Bull Run Potential
While VIDT has demonstrated its long-term value, a surge in its price often hinges on broader market trends. A general bullish sentiment in the cryptocurrency space, coupled with increased awareness and adoption of VIDT's unique value proposition, could fuel a significant price appreciation.
A Quiet Giant
While VIDT may not be as flashy as some of its more volatile counterparts, its solid fundamentals and growing ecosystem make it a compelling investment opportunity. As the blockchain landscape continues to evolve, VIDT's role as a reliable and trustworthy solution could become even more critical, potentially leading to a significant bull run in the near future.
Take a look at our bio @EliteDailySignals for more crypto insights.
#VIDT #VIDTUSDT #VIDT #BecomeCreator #TrendingTopic $VIDT @VIDT_DAO @EliteDaily
{spot}(VIDTUSDT)
đ€ Feel free to Give a Tip if it doesn't hurt your wallet.
Are you ready to invest in a project that is quietly shaping the future of the blockchain?
Binance has announced the removal of nine spot trading pairs, which will take effect on August 23, 2024. The trading remove list Name
- ARKM/TUSD
- CHZ/EUR
- ENA/EUR
- FIRO/BTC
- IOTA/FDUSD
- JOE/TRY
- OMNI/BNB
- REZ/BNB
- SUPER/FDUSD
The decision to remove these pairs is part of Binance's regular reviews aimed at maintaining a high-quality trading environment. The exchange considers factors like liquidity and trading volume when deciding which pairs to delist. While these specific pairs will no longer be available, the tokens themselves will still be trad against other pairs on the platform. Additionally, Binance will discontinue Spot Trading Bots for these pairs, and users are advised to adjust or cancel their bots to avoid potential
Hamster Kombat Airdrop: Eligibility Details To get in on the Hamster airdrop, make sure you're ticking all the boxes:
SHOW some LOVE please VOTE Me
1. Hold the Right Crypto: Keep a certain amount of the designated cryptocurrency, like HAM, in your wallet to qualify.
2.Stay Connected: Follow Hamster's official social media channels-Twitter, Telegram, and more.
3. Join the Community: Become an active member of Hamster's community, whether it's on Telegram, Discord, or other platforms.
4. Complete the Tasks: Don't forget to finish all the tasks assigned for full eligibility in the airdrop!
#hamsterkombat24
@CryptoBoosterGlobal
@CoinLabVerseAma
@JustineVerse
The current price of $BB stands at $0.3198, with a key support level at $0.3110. The chart indicates that if the price falls below this support, there is a strong likelihood of further downward movement.
The next significant targets on the downside are $0.3050 and $0.2995, which could be reached if the support at $0.3110 is breached. This scenario suggests a potential short trade opportunity.
In this setup, traders could consider entering a short position if the price drops below $0.3110.
The targets for this short trade would be $0.3050 and $0.2995, offering a possible profit range as the price declines.
However, it is essential to manage risk effectively, and in this case, a stop loss should be placed at $0.3270. This stop loss is set above the current resistance level, ensuring that the trade is protected if the market unexpectedly reverses and moves higher.
#PowellAtJacksonHole #CryptoMarketMoves #earthquake
{spot}(BBUSDT)
_đšđđ„Bitcoin ETFs See Significant Inflows đ_
$BTC $ETH
{spot}(ETHUSDT)
{spot}(BTCUSDT)
- _$39.4 million in inflows đž_: On August 21, Bitcoin Exchange-Traded Funds (ETFs) saw a substantial influx of $39.4 million.
- _Third consecutive day of inflows đ„_: This marks the third day in a row that Bitcoin ETFs have experienced inflows, indicating growing investor interest.
- _Grayscale's mini Bitcoin trust leads đ_: Grayscale's mini Bitcoin trust accounted for the largest share of inflows, with $14.2 million.
- _Fidelity's FBTC and Bitwise's BITB follow đ_: Fidelity's FBTC and Bitwise's BITB also saw significant inflows, with $10.7 million and $10 million, respectively.
_Ether ETFs Experience Outflows đ_
- _Fifth consecutive day of outflows âïž_: Ether ETFs have now experienced outflows for five consecutive days, with a total of $17.97 million leaving the funds.
- _Contrasting market sentiment đ€_: The outflows from Ether ETFs contrast with the inflows into Bitcoin ETFs, suggesting a shift in market sentiment towards Bitcoin.
_Market Implications đ€Ż_
- _Investors favor Bitcoin đž_: The inflows into Bitcoin ETFs indicate that investors are currently favoring Bitcoin over Ether.
- _Growing interest in Bitcoin đ_: The consecutive days of inflows suggest growing interest in Bitcoin among investors.
- _Uncertainty for Ether đ€_: The outflows from Ether ETFs raise questions about the future of Ether and its appeal to investors.
_What's Next? đź_
- _Will Bitcoin ETFs continue to attract inflows? đ€_: It remains to be seen whether Bitcoin ETFs will continue to see inflows or if this trend will reverse.
- _Will Ether ETFs reverse their outflows? đ_: Similarly, it's unclear whether Ether ETFs will experience a turnaround or continue to see outflows.
$BTC $ETH $BNB
[visit and Vote](https://app.binance.com/uni-qr/cpro/WA7EED700?l=en&r=458798780&uc=app_square_share_link&us=copylink)
BTC NEXT target is 62700, so what is expected during these days is a random, non-stop rise to the 62000 area, then the 62400 area, then the 62700 area. If successful, we will return to the 63300 area to retest the rise. Today is a retest of the rise again. For this reason, BTC is also on the RAI 1D indicator. In the 50.00 semi-zone, so it will either continue or fall again, but what is expected is a new horizontal rise, even though we do not have two bottoms, but what is expected is that we will see a close movement today or tomorrow.
{future}(BTCUSDT)
{spot}(BNBUSDT)
{future}(ETHUSDT)
#BTC #MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #CryptoMarketMoves
đš đđ đđđ€đđŹ đđŻđđ« đđĄđ đđ«đČđ©đđš đđšđ«đ„đ đąđ§ đđźđ đźđŹđđš
[Vote and claim your reward](https://app.binance.com/uni-qr/cpro/ShahidaKausar9?l=en&r=864515248&uc=app_square_share_link&us=copylink)
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This month, the integration of Artificial Intelligence (AI) into the cryptocurrency space is creating shockwaves! Projects like Near, Render, and Injective are leading the charge, using AI to revolutionize everything from financial trading to creative arts. This fusion of AI and blockchain is opening up new possibilities and transforming how we interact with decentralized systems.
But that's not all! The rise of DePIN (Decentralized Physical Infrastructure Networks) is reshaping the way we think about physical infrastructure, with platforms like Filecoin and Helium allowing individuals to contribute their hardware in exchange for tokens. Meanwhile, Bitcoin is making a comeback in the NFT space, introducing new categories like Bitcoin Ordinals.
The pace of innovation is relentless don't miss out! Stay updated on these groundbreaking trends and be part of the future of crypto.
Follow for more insights and let's navigate this exciting landscape together!
#MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #CryptoMarketMoves #BinanceBlockchainWeek
#MOVR IS THIS THE START OF A HIGH MOMENTUM BREAKOUT?
If you're looking for an in-depth analysis of MOVR, you're in the right place.
Here's why.
MOVR made a remarkably high market movement of more than 92% within just a span of weeks. There are speculations that a possible breakout might happen with highest chance of breaking its major resistance at 32-44, although, here's what we've found out. As this token have experienced a high momentum bullish movement, we've also concluded that this could possibly be a short-lived price action as there are not a lot of basis for this movement. First, we've verified that there are currently no news regarding any projects, rebranding, etc. for MOVR. There are also not that many people talking about MOVR before this high bullish movement happened. Second, a lot of resistances has to be broken through before a confirmed breakout can happen which means greater buying pressure must be ensued in order to confirm further rally. As we've checked, the minor resistances are keeping the rally from its continuation and the reality would be, it would need to reach one of its bottom before it can have another price surge towards the higher key levels of 50, 100, 150 and more. Lastly, although the data suggests these prerequisites exist, we can still safely assume that what we're expecting can be invalidated once more unpredictable data will be presented with MOVR's market economy. Thus, it's wiser to move with every price action rather than to continue expecting a higher rally.
Stay wise, trade cautiously.
{future}(MOVRUSDT)
đš A Bold Bet on Trump's Election Win đš
$SOL $XRP $SHIB đ‎ïžđȘ
{spot}(SHIBUSDT)
{spot}(XRPUSDT)
{spot}(SOLUSDT)
đ A mysterious user registers on Polymarket, a prediction market platform đ€
They withdraw $205,000 USDC (a stablecoin pegged to the US dollar) from Binance, a cryptocurrency exchange đž
đłïž The user buys 417,252 "Yes" shares for Trump's election win đłïž
These shares represent a bet that Trump will win the election
đ Fast forward to today:
The user's bet pays off, with an unrealized profit of $15,000 đ
That's a 7.3% return on investment in just 3 days! đ€Ż
đ The user's profit comes from the increased value of their "Yes" shares đ
As Trump's odds of winning increase, the value of the shares rises đ
đ€ Questions surrounding this bold bet:
- Who is this mysterious user? đ€·ââïž
- How did they predict Trump's surge in popularity? đź
- Will they cash out their profits or hold on to their shares? đ€
đ This story highlights the unpredictable nature of prediction markets and the potential for high-risk, high-reward bets đ€Ż
Stay tuned for more updates on this developing story! đ
$1000SATS
1000SATS has broken out of its recent low of 0.00029 and is currently trading at 0.00033, representing a significant increase. The upward momentum suggests a strong bullish trend.
_Key Levels:_
- Support: 0.00029 (recent low)
- Resistance: 0.00035 (next potential resistance level)
_Trend Analysis:_
The short-term trend has turned bullish, with a clear break above the previous resistance level. The price is currently trading above the 0.00032 level, indicating a positive trend.
_Technical Indicators:_
- Relative Strength Index (RSI): 70 (overbought territory)
1000SATS is experiencing a strong bullish trend, with a significant price increase in a short period. While the RSI is in overbought territory, the MACD indicates continued bullish momentum. Traders should watch for a potential pullback to the 0.00032 level before considering further long positions. The next resistance level to watch is 0.00035.
kindly vote for me đđ
#1000SATSđ„đ„đ„đ„ #pepe⥠#MtGoxRepayments #BinanceLaunchpoolDOGS #SahmRule