When trading cryptocurrency, it's advisable to avoid using round numbers like $70,000 or $75,000 for your buy or sell orders. These prices tend to attract a lot of orders, making it harder for your trade to be executed. Instead, try using numbers just above or below, such as $69,999 or $70,001, to help your trade stand out and be processed more quickly.
Think of it like trying to get into a busy restaurant: if you arrive at the same time as everyone else, you'll likely have to wait in line. But if you arrive a bit earlier or later, you might get in faster. This principle applies to crypto trades and round numbers as well. Keep in mind that this isn't limited to specific prices; any round number can attract a crowd. By being strategic about when and how you place your orders, you can navigate the crypto market more effectively and optimize your trades.
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Trade in #omcoin and #iocoin rn , om has retested and is set to climb up so weโll get some profits from there . Mark you stop losses and profits to limit loss and good profit respectively.
#iocoin on the other hand has already shown impressive climb to 2.6 . My prediction is that it will once again touch the 2.7 barrier and hopefully cross it touching 3.0 .
Not coin , despite all the dumps , is still fighting its war to the top ๐. #NOT๐ฅ๐ฅ๐ฅ has got the potential to be a top tier coin and with that it has the hopes of people trying to make huge profits from this coin , but it has never turned great for them . Iโm predicting it to go to huge amounts in the upcoming weeks , it can take even months . But still weโve our expectations from certain coins .
$IO
Io coin started itโs run in crypto with a banger of a price and now itโs still trying to get to that price . But itโs performing better than most of the coins . Yesterday #iocoin rose to price 2.7 and now is holding its place at 2.3 . There will be a huge pump in this coin being the revolutionary #AiNarratives project !
Hey traders! Let's talk about Limit orders and how to avoid getting stuck in a crowded market. ๐คฏ When you place a Limit order, you're automatically executing a trade at a specific price. For example, selling 1 $BTC at $68,500. ๐
But here's the thing: avoid placing Limit orders at round numbers like $70,000, $75,000, or even $75,500! ๐ซ These numbers are like magnets for traders, and your order can get lost in the crowd. ๐ช๏ธ Think about it: if 1,000 $BTC are for sale at $70,000, that means 1,000 BTC need to be bought to fill all those orders! ๐คฏ It's like trying to find a needle in a haystack. ๐ณ
Instead, place your order at $69,999 and avoid the congestion at the round number. ๐ This increases the chances of your order being filled and saves you from getting stuck. ๐ธ
This strategy applies to all cryptocurrencies and any round numbers. So, be smart and avoid the crowds! ๐ค
If you have questions, ask away in the comments! And don't forget to like, comment, share, and subscribe for more crypto insights. ๐คฉ Your support helps me keep sharing!
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After making a significant bullish move the previous weekend, $NOT is continuing in the bull flag structure that it created. I think there's a chance we see drops to or below the June close of 0.01456, and if the price stays above, it will be simpler to maintain the bullish reversal. But it could take a few more days, at the very least. So don't rush or fomo. Dips are available for purchase.
#AICoin s will be the center of topic in the upcoming bull coin , thatโs if the bull run ever arrives . All of the attention will be on AI coins as they are revolutionary and history making coins . In the present world AI is taking charge in a very steady speed , so we must not ignore them in crypto .
I suggest you to do your own research on this and act accordingly!!!
CPI (Consumer Price Index) affects the crypto market in several ways:โผ๏ธโผ๏ธโผ๏ธโผ๏ธโผ๏ธโผ๏ธโผ๏ธโผ๏ธโผ๏ธโผ๏ธ 1. Inflation: High CPI (inflation) can lead to increased interest rates, strengthening the USD, and potentially weakening Bitcoin (BTC) and other cryptocurrencies. 2. Economic uncertainty: CPI fluctuations can create economic uncertainty, leading investors to seek safe-haven assets like Bitcoin, potentially boosting its price. 3. Federal Reserve decisions: CPI influences the Federal Reserve's monetary policy decisions, which can impact the stock market, currency values, and crypto prices. 4. Investor sentiment: CPI data can influence investor sentiment, affecting their appetite for risk and potential investment in cryptocurrencies. Keep in mind that the relationship between CPI and crypto is complex, and other factors like adoption, regulation, and global events also impact the crypto market.
๐จ BREAKING: US Inflation Takes a Dive! ๐ #Inflation in the US has plummeted to a surprising 3%, defying all expectations and sending shockwaves through the financial markets. This remarkable drop is a testament to the resilience and strength of the #USA economy. ๐ช๐บ๐ธ The Federal Reserve's proactive measures and the robust recovery from the pandemic have played a pivotal role in curbing inflation. Lower energy prices, increased productivity, and a shift towards a more stable global supply chain have all contributed to this historic decline. ๐๐ What does this mean for you? Lower inflation means your hard-earned money goes further, allowing you to save more and enjoy a higher standard of living. ๐ฐ๐ธ But, as always, the future remains uncertain. Keep a close eye on the Federal Reserve's monetary policy decisions and global economic developments. ๐๐ #USInflationData
๐ Just Released ๐ฐ ๐บ๐ธ๐บ๐ธ๐บ๐ธ U.S. Data ๐บ๐ธ๐บ๐ธ๐บ๐ธ ๐ Unemployment Claims ๐บ๐ธ๐บ๐ธ๐บ๐ธ โข Previous: 238K โข Expected: 236K โข Current: 222K ๐จ Result: Positive for the U.S. Dollar ๐ต ๐ Consumer Price Index (YoY) ๐บ๐ธ๐บ๐ธ โข Previous: 3.3% โข Expected: 3.1% โข Current: 3.0% ๐จ Result: Negative for the U.S. Dollar ๐ต ๐๐บ๐ธ Breaking: U.S. inflation data came in lower than expected at 3.0% #CPI, positive for the markets
$IO is Strictly Moving Upward now. Soon it will hit. 2.72 and if it hit rise more. Based on the technical analysis of $IO /USDT on Binance, IO is currently priced at $2.680, marking an impressive gain of 11.99% over the last 24 hours. The cryptocurrency reached a high of $2.680 and a low of $2.317, with trading volumes of 14.16 million IO and 34.70 million USDT. Short-term charts (15m, 1h, 4h) suggest strong bullish momentum, especially near the current price levels. For investors looking to enter long positions, a buy entry could be considered above $2.680, targeting higher resistance levels around recent highs of $2.699. Conversely, for short trades, consider selling near $2.680 if the price shows signs of retracement towards support at $2.317. It's essential to manage risk effectively with appropriate stop-loss orders to optimize trading outcomes in this volatile market. #Write2Earn! #MegadropLista #BinanceTournament! #ETH_ETFs_Approval_Predictions #VanEck_SOL_ETFS