$BTC
{spot}(BTCUSDT)
/USDT Technical Analysis on Binance 🎯
Current Price: $69,959.99 (+2.19%)
The market is showing significant activity as Bitcoin trends upwards, with a notable increase in trading volume. Let's dive into the targets to watch:
1️⃣ Target 1: $70,500
This level aligns closely with the recent high of $70,017.92, acting as immediate resistance. If BTC breaks above this level, it could confirm bullish momentum for short-term gains.
2️⃣ Target 2: $72,000
A psychological level, $72,000 represents the next point of resistance. Should Bitcoin rally further, this could act as a critical level where buyers might secure profits. Watch for strong volume to support this move.
3️⃣ Target 3: $73,500
If Bitcoin sustains upward movement past $72,000, $73,500 could be within reach. This would indicate solid bullish momentum, though it may also trigger potential profit-taking, so keep an eye on the trading volume here as well.
📈 Key Indicators:
SAR (Stop and Reverse): $68,632.41 – suggesting potential for further upward movement if BTC stays above this point.
#PensionCryptoShift #USElections2024Countdown #NovemberMarketAnalysis #EthereumWhitepaper #ElectionNightBTCGuess
$JUP - Price update:
Same as others, #alts , very neutral zone.
Zooming on the lower TF view, the H1- H4 charts looks good at the moment for a bullish trend continuation 📈
If prices consolidate above the 0.900$ support zone, a pump to visit the 0.980 - 1.00$ level could be see 📈
Technically, regarding the daily view I'm more bullish than bearish. It should be a bullish retest before a new high. (daily ichimoku). A daily candle close above 0.9450$ could lead to a pump toward a new high again 📈
In my opinion #JUP could start a bull run during the next few days / week!
🎯Key support to be maintain for new run upward:
0.8400 & 0.8100$ (Downtrend test).
🔔Also take note:
A breakout below the trend test & 0.8100$ support would lead to a dump toward the 0.700 - 0.6750$ support zone! ⚠️
#JUP #Jupiter🪐 #JupRally🚀
{spot}(JUPUSDT)
⚠️🚀 ALERT: $ENJ SHOWING SIGNS OF RECOVERY – POTENTIAL UPSIDE AHEAD! 🚀⚠️
{spot}(ENJUSDT)
The ENJ/USDT pair has started to bounce back from a recent low of 0.1239, currently trading around 0.1303. If this recovery holds, ENJ could challenge key resistance levels and potentially shift momentum. Let’s examine the levels to watch closely.
💡 Key Levels to Watch NOW: 💡
🚧 Resistance Level: 0.1331 – Breaking above this level could confirm the recovery, drawing in more buyers and signaling a potential reversal from recent lows.
📉 Support Level: 0.1239 – This recent low serves as a critical support. If ENJ falls below, it could face renewed selling pressure, leading to further declines.
🎯 Target 1: 0.1350 – An initial target for a bullish move, indicating strength if ENJ can hold above this level.
🎯 Target 2: 0.1436 – A more substantial resistance, showing increased bullish momentum if reached.
🎯 Target 3: 0.1528 – A strong bullish target, representing a significant recovery and signaling a possible trend reversal if ENJ sustains this level.
📉 ALL EYES ON THE RESISTANCE – WHAT'S NEXT? 🔮
⚠️ Potential Downside: If ENJ fails to break above 0.1331, a pullback toward the 0.1239 support is possible. A breakdown here could lead to further losses.
🚀 Upside Potential: A breakout above 0.1331 could set the stage for a rally towards the outlined targets, with bullish momentum building up. Keep a close watch – ENJ is at a key inflection point!
#Binance #ENJ #CryptoAlert #TradingSignals #MarketUpdate
🇺🇸 The Road to the White House: Will It Be Trump or Harris?
🗓️ Election Day
Tuesday, November 5, 2024
Americans head to the polls as each vote paves the path to 270 electoral votes, the magic number needed to claim victory in this tight race.
📍 Poll Opening Times:
Across the U.S., polls open between 7 AM and 9 AM local time (10:00 - 15:00 GMT). Every vote counts, and the rush begins as soon as doors open.
🕓 Poll Closing Times:
Polls start closing from 7 PM Eastern Time (00:00 GMT) onward. The results flood in as each state wraps up voting—though states out West, like California, will report later.
📊 When Will We See Results?
As the polls close, vote counting kicks into high gear. Initial results will trickle in from Eastern states first, setting the pace for the rest of the night. But don't set expectations too high—close races take time, and a clear winner may not emerge until days later.
🎲 A Tight Finish? Brace Yourself!
Should the race come down to razor-thin margins, a final call could be delayed for days, especially if results in critical swing states hang in the balance.
🌐 Who's Got the Edge?
According to FiveThirtyEight, Harris leads by a narrow 1.2 points, but with swing states in play, it’s still anyone’s game. Surprises can happen in tight elections, so expect twists!
⚡ Swing States to Watch Closely:
These battlegrounds will likely decide the race. Keep a close eye on:
Pennsylvania (19 votes)
North Carolina (16 votes)
Georgia (16 votes)
Michigan (15 votes)
Arizona (11 votes)
Wisconsin (10 votes)
Nevada (6 votes)
With each state’s results adding to the suspense, remember: patience is key. Grab a coffee, stay tuned, and get ready for a historic night (and maybe week) ahead! 🗳️
Shiba Inu gears up for a surge: analysis
Shiba Inu (SHIB) has shown strong bullish signals, recently breaking out from a falling wedge pattern on its daily chart. This breakout suggests a potential shift in momentum for SHIB as it pushes toward higher levels.
At press time, SHIB trades around $0.00001735, up 3.21% over the last 24 hours.
The token now faces immediate resistance at $0.00001911, with a more challenging barrier at $0.00002869. Therefore, a successful breakthrough could confirm sustained bullish momentum.
SHIB’s recent breakout from a descending wedge pattern, a classic bullish reversal, hints at renewed strength. The chart reveals SHIB nearing its first resistance at $0.00001911, and momentum indicators seem to support this upward trend. Should Shiba Inu clear this level, it will then face a stronger barrier at $0.00002869.
Consequently, breaking through both could indicate a longer-term bullish trend, potentially drawing more market interest. However, this setup will need follow-through momentum—can SHIB capitalize on this breakout?
Analyzing SHIB’s Stochastic RSI reveals an optimistic picture. The Stochastic RSI sits at 27 (blue line) and 20 (orange line), hinting at an oversold condition that often precedes a price rebound.
Additionally, the MACD supports this momentum shift. The MACD line is approaching zero, showing early signs of a bullish crossover. Therefore, the combination of the Stochastic RSI and MACD signals points to potential buying pressure.
With strong technical support from indicators like the Stochastic RSI, MACD, and a bullish long/short ratio, SHIB appears poised to continue its upward trend.
If SHIB can break through the critical resistance levels at $0.00001911 and $0.00002869, it is likely to sustain its rally and possibly attract greater market interest. For now, SHIB seems ready to push higher and could solidify its bullish momentum in the near term.
#USElections2024Countdown #shiba⚡
$SHIB
🚀 $SUI /USDT Skyrocketing Amid Intense Momentum.. $SUI once again hit $2 values ..
$SUI /USDT has surged impressively, with the price currently trading at 2.0683, marking an exceptional gain of over 10% within the last 24 hours. After a recent low of 1.7914, SUI demonstrated a powerful upward rally, breaking key resistance levels and reaching a new high of 2.0702. This breakout signals strong bullish momentum, as buyers appear to be driving the price higher with no immediate signs of exhaustion. With the volume spiking significantly, traders should watch closely—if SUI sustains this momentum, it could be primed for further upward moves, while a pullback might provide a healthy consolidation before the next potential rally. Stay alert for potential re-entries or profit-taking opportunities around critical levels.
Alice & Chill is back with us once again, so mark your calendars because it’s happening this Wednesday, the 6th, at 11 AM EST / 5 PM CET!
@kaito_ayo will be hosting the event, as per usual, and this time will have some nice gifts for some of the participants👀
See you tomorrow, Neighbors! 🌸
Token Accidentally Created on Base Network Reaches Millions of Dollars Market Value!
A token accidentally created on the Base network by prominent onchain analyst ZachXBT has reached a staggering market value of $3.4 million.
Token Created Unintentionally by Onchain Analyst ZachXBT Reaches $3.4 Million Market Value
The unexpected development dates back to ZachXBT minting an open- release NFT titled "243M Theft" using the Zora protocol in August.
Unbeknownst to him, Zora's system automatically converted these NFTs into ERC-20 tokens, allowing them to be traded as memecoins on decentralized exchanges.
ZachXBT explained that he envisioned the NFT as research archived solely on the blockchain, similar to his articles in the Mirror.
However, Zora's interface did not explicitly state that minting an NFT would also create a tradable ERC-20 token. "The Zora Ul does not currently give creators any indication that an open-release NFT mint will ultimately result in the issuance of an ERC-20 token," he said, providing screenshots to support his view.
The NFT was minted using Zora's ERC20z token standard, which makes assets tradable on Uniswap by providing automatic liquidity via a wrapped ERC-20 token.
When the token was offered for sale on secondary markets, its market value increased sharply, reaching $970 per token. Reacting to the increase in speculation, ZachXBT expressed disappointment.
⚠️🚀 ALERT: $EGLD RECOVERY IN PROGRESS – WATCH FOR KEY RESISTANCE! 🚀⚠️
{spot}(EGLDUSDT)
The EGLD/USDT pair is showing signs of a rebound after hitting a low at 21.48, now trading at 22.97. This movement suggests that EGLD may attempt to break through critical resistance levels, paving the way for a potential reversal. Here’s what to watch for as EGLD navigates these key levels.
💡 Key Levels to Watch NOW: 💡
🚧 Resistance Level: 24.45 – A breakout above this level could confirm a bullish reversal, attracting more buyers and potentially pushing EGLD into an uptrend.
📉 Support Level: 21.48 – This low serves as essential support. Falling below it could reignite selling pressure, potentially driving EGLD lower.
🎯 Target 1: 23.50 – An initial target if EGLD continues to rise, showing strength and building momentum.
🎯 Target 2: 25.00 – A key resistance zone, signaling a more significant recovery if EGLD can sustain above this level.
🎯 Target 3: 26.50 – A strong bullish target, marking a substantial recovery and reinforcing the reversal if reached.
📉 CRITICAL MOMENT – WHAT'S NEXT? 🔮
⚠️ Potential Downside: Failure to break above 24.45 may result in a retest of the 21.48 support level, potentially leading to a downward move if this support fails.
🚀 Upside Breakout Potential: A successful move above 24.45 could drive EGLD toward the outlined targets, indicating a stronger bullish momentum. Stay alert – EGLD is positioned for a possible breakout!
#Binance #EGLD #CryptoAlert #TradingSignals #MarketUpdate
The Grid Releases Election-Inspired Character Skins
Ahead of the US presidential election, the game Off The Grid launched the “Save Democracy Content Pack,” featuring character skins inspired by candidates Donald Trump and Kamala Harris. The move has stirred reactions among gamers, who find the pack "insane" and "wild," as it includes character dialogue mimicking phrases associated with each candidate.
2. Ethereum Foundation Researcher Justin Drake Resigns from Eigen Foundation
On November 2, Ethereum Foundation researcher Justin Drake announced his resignation as an advisor to Eigen Foundation, stating he will now focus entirely on Ethereum’s layer-1 protocol. In his statement, Drake apologized to the community, clarifying his intent to avoid future conflicts of interest by abstaining from advisorships, angel investments, and security councils.
3. October NFT Sales Rebound with an 18% Increase
The NFT market recorded an 18% increase in October sales volume, reaching $356 million, recovering from September’s record low of $300 million. Transaction counts also surged, with 7.2 million transactions in October, a 42% increase from the previous month. Mythos Chain’s DMarket led October’s sales volume with $33 million, followed by Immutable’s Guild of Guardians Heroes at $13 million.
#Therapydogcoin #TetherAEDLaunch #USEquitiesRebound #CryptoAMA
{spot}(BTCUSDT)
{spot}(ETHUSDT)
{spot}(BNBUSDT)
Considerations for Trading During U.S. Election Week
1. Increased Volatility
Election periods often lead to heightened volatility, with market prices potentially fluctuating sharply due to shifting sentiment. Factors like polling updates, candidate statements, and projections can trigger sudden price spikes or drops.
2. Unpredictable Market Reactions
Market responses may be unexpected, even with a seemingly clear election outcome. For instance, stocks could rally or decline based on perceptions of the winning candidate’s economic policies, regulatory stance, or other anticipated impacts.
3. Liquidity Concerns
Market liquidity may decline as some traders opt out due to uncertainty, leading to wider spreads and making smooth trade entries and exits more challenging—particularly for lower-volume assets.
Best Practices for Trading in Volatile Election Environments
Lower Position Sizes: Reducing position sizes can help manage risk during periods of high volatility.
Carefully Use Stop Losses: Stop-loss orders can control risk but may be triggered unexpectedly due to sudden price fluctuations.
Stay Informed: Monitor election news closely to understand how potential policy changes might affect the assets you’re trading.
Some traders prefer to avoid the market during high-volatility events, waiting until conditions stabilize. Others see election week as an opportunity for quick trades with strict risk management. Whether to trade during this period depends on individual risk tolerance and experience in volatile markets.
#Therapydogcoin #TetherAEDLaunch #USEquitiesRebound #CryptoAMA
Crypto investors, take note! Deribit's CCO Luuk Strijers reports growing market interest ahead of the U.S. elections. On Nov 8, $3B in #Bitcoin options with strike prices at $70K, $75K, and $80K will expire, indicating strong bullish sentiment. This could signify significant market activity and volatility. Stay informed and prepared as the crypto landscape evolves.
🚀 Exciting news for crypto enthusiasts! Theoriq has launched the Prediction Collective, a suite of AI agents designed to forecast outcomes on market trends, elections, and more. This innovative platform taps into diverse data sources, offering Web3 users precise insights, especially in prediction markets like Polymarket. 🤖
With 15 specialized AI agents, users can enjoy real-time, data-backed predictions. Theoriq aims to boost liquidity and participation in prediction markets by lowering entry barriers. Try it free on Theoriq's testnet and share your thoughts below! 💬
{future}(MOODENGUSDT)
Hey traders, been keeping a close eye on MOODENG lately and I'm liking what I'm seeing! Let me break it down for you:
MOODENG has recently established a solid new support level around 0.13. This is great news, as it provides a nice floor for the price action. I'll be watching closely to see how it reacts at this level.
If MOODENG can decisively break above 0.159, that could be our cue to enter a long position. I'd want to see 0.15 become solid support before pulling the trigger though. Gotta confirm that trend strength, you know?
For those already in a MOODENG trade, make sure you've got your stop loss set properly. And don't be afraid to take some profits along the way as it gains steam. No need to be a hero - lock in those gains when you can!
One thing to keep in mind is that MOODENG tends to follow Bitcoin's price action. So keep a close eye on how BTC is moving - that'll give you valuable insight into MOODENG's potential direction.
I'm cautiously optimistic about MOODENG's prospects here. That new 0.13 support is a great sign, and a breakout above 0.159 could open the door to some nice upside. But as always, do your own research and manage your risk accordingly.
Potential Entry: Above 0.159, with 0.15 as support
Stop Loss: Adjust based on your risk profile
Disclaimer: This is not financial advice. Always do your own research and invest responsibly.
#USElections2024Countdown
#MOODENG