Here's a quick overview of the Engulfing Candlestick Patterns:
Bullish Engulfing: When a small red candle is followed by a larger green candle , it may mean the price is going to rise .
We look for the next candle to close higher to confirm the trend is going up.
Bearish Engulfing: When a small green candle is followed by a larger red candle , it could mean the price is going to drop .
If the next candle closes lower , that confirms the downtrend.
Keep these patterns in mind when you're making trade decisions!$BTC
#uptocber

Hey fam!
This is the quick guide to bullish candlestick patterns:
1. Bullish Engulfing: Buyers take control.
2. Hammer: Strong rebound after a dip.
3. Morning Star: Trend reversal coming.
4. Piercing Pattern: Buyers stepping in.
5. Marubozu: Clear buying strength.
6. Three White Soldiers: Strong upward trend.
7. Bullish Harami: Buyers slowing the fall.
8. Inverted Hammer: Reversal potential after a drop.
9. Tweezer Bottom: Sellers losing steam.
Watch for these to spot market uptrends! 🚀#LearnTogether #WeAreAllSatoshi $BTC

👨‍🎓Quick lesson 📈👨‍🎓
The below chart shows an Inverse Head & Shoulders pattern. It’s a clue that the market might go up after being down.
- Left Shoulder, Head, Right Shoulder: Three dips, with the middle one (the head) being the lowest.
- Neckline: A resistance line where the price struggles to go higher.
- Breakout: When the price finally breaks through that neckline, it’s a signal the market might start rising.
This pattern means: the downtrend might be ending, and it’s time to watch for upward moves.#learningbyearning
$BTC

Morning Star Power!$HMSTR #learnaandearn

This pattern shows when the market is ready to switch from falling to rising!
1️⃣ Big red candle: Sellers in control, market tired.
2️⃣ Small candle: Pause! Buyers waking up. ⚖️
3️⃣ Big green candle: Buyers take over, and power is back on!

Tip: Wait until the price goes above the first red candle to confirm the change. This is the bulls’ signal to charge!

#learnaandearn $HMSTR
It’s time to learn

$NOT vs $HMSTR
Projects are literally identical (fundamentally), charts can be the same as well.
Right after the listing, $NOT dumped for -80% from the highest point, after that the pump started and it grew up for +500%!
What do we have now on $HMSTR ? The price dropped for -70% from the highest point. We can expect a dump to $0.0035 - $0.004 zone, but hardly lower.
I still expect to see Hamster token above $0.01 (or at least $0.0085) this year. Spot only.$HMSTR #hamsterkombat24

ETH/BTC UPDATE
Ethereum has finally reached levels from where the 2021 bull run on Altcoins has started — 0.037.
This is an ultimate support that MUST hold. You can already see Altcoins reacting positively. It also correlates with $2200 - $2400 bottom on Ethereum.
I strongly believe that Q4 will be bullish, especially for alts.
#altsesaon

$ETH $BTC

⚡️ $HMSTR ON BINANCE⚡️

Hamster Combat, one of the most controversial tap to earn games on telegram has finally announced its listing date.

On the 26/08/2024, many top exchanges will be listing the token.
Position yourself for this good news. This airdrop is expected to be first of its kind.

🤓 To be able to trade $HMSTR on Binance make sure to complete your KYC to get the address and memo for your off-chain deposit. $DOGS #HMSTRToken

Navigating the Falling Wedge
1️⃣ Setup:Identifying the Pattern: The falling wedge forms during a downtrend but suggests an upcoming bullish reversal as the lines converge.
2️⃣ Fibonacci Retracement: Look for key retracement levels like 0.618 as potential entry points when the price breaks the wedge pattern. 📉➡️📈
3️⃣ Support Zone: This area often acts as a strong buying pressure point, hinting at where to consider entering trades.
4️⃣ Market Strategy: It's usually more advantageous to go with the bullish momentum of the main trend rather than against it.
Aim to trade with the trend for a smoother path to profit 💵🔼#Learn to earn $BTC

$TON NOW
$ETH 2017

ETH BRIEF UPDATE
The price is consolidating above the $3500 support level. As on Bitcoin, there might a fake breakdown of the support to somewhere ~$3350.
If you hold any leveraged positions on Altcoins, make sure to adjust your liquidation price accordingly.
Not much time to wait until the party will start, all you need to do is survive.#Al tsesaon $ETH

BITCOIN SPOT ETFS SAW $100.9M IN NET INFLOWS ON JUNE 12.
There has been significant buying activity for the past month, including yesterday. They're accumulating without driving the price up. A big move is gonna happen after capitulating everyone. It's around the corner. Just a matter of a few days or weeks$BTC $ETH #ETHETFsApproved

BITCOIN SPOT ETFS SAW $100.9M IN NET INFLOWS ON JUNE 12.
There has been significant buying activity for the past month, including yesterday. They're accumulating without driving the price up. A big move is gonna happen after capitulating everyone. It's around the corner. Just a matter of a few days or weeks$BTC $ETH #ETHETFsApproved

BITCOIN SPOT ETFS SAW $100.9M IN NET INFLOWS ON JUNE 12.
There has been significant buying activity for the past month, including yesterday. They're accumulating without driving the price up. A big move is gonna happen after capitulating everyone. It's around the corner. Just a matter of a few days or weeks$BTC $ETH #ETHETFsApproved

Open a small scalp LONG on #TAKIO, risky trade, small amount of deposit$TAKIO

OTHERS/BTC UPDATE

This is the chart of crypto market capitalization excluding top 10 coins by mc against Bitcoin. As you can see, Altcoins marketcap has reached an ultimate bottom that was previously reached only a couple of times over the recent years:

- November 2023 (right before the Altcoin Season)
- April 2024 (during the crash)
- June 2024 (now)

This explains why it was quite difficult to earn something on this market over past few months and if you at least didn't lose - it's a good result AND...

Also gives us another hope that things will get better soon for Altcoins since we are approaching a strong support.#altsesaon $ETH $SOL

Educational Post

What Are Recursive Inscriptions?

Recursive inscription involves embedding information within itself, creating a loop of reference or self-reference. It’s a concept present in various fields, from mathematics to computer science and even literature. While the term can be found in different domains, its emergence in the cryptocurrency space, particularly in Bitcoin, has sparked interest and debate.

How Recursive Inscription Works?

Recursive inscription refers to a process where data or information is retrieved from existing inscriptions to generate new ones. This process involves a chain of references, where each inscription builds upon its predecessors, creating a recursive loop of data retrieval and utilization.

Recursive Inscriptions in Crypto

In the context of cryptocurrency, recursive inscriptions enable developers to circumvent certain limitations and explore new possibilities within the blockchain space.

In Bitcoin, recursive inscriptions were inspired by ordinal inscriptions, introducing the concept of data retrieval from existing inscriptions. This mechanism enables developers to create new inscriptions using data from previous ones, effectively bypassing constraints such as block size limits.

Recursive inscriptions utilize a series of calls or references to extract and integrate data from existing inscriptions into new ones. This process can support complex software, including smart contracts and decentralized applications (DApps), directly on the Bitcoin blockchain.

Challenges

Despite its potential benefits, recursive inscriptions may present some challenges. Introducing large volumes of data through recursive inscriptions could potentially strain the Bitcoin network's scalability. The influx of data may lead to increased network congestion and higher transaction fees. It’s also important to ensure the security of data and transactions within recursive inscriptions, as any vulnerability could lead to potential exploits or attacks.#Binance200M #LearnTogether $BTC $ETH $BNB

Binance Surpasses 200 Million

Introduction

Binance, the world's leading cryptocurrency exchange, has recently surpassed 200 million registered users, marking a significant milestone in the growth and adoption of the crypto industry. This remarkable achievement underscores Binance's commitment to providing a secure and accessible platform for users to trade, invest, and explore the world of digital assets.

Implications for the Crypto Industry

Binance's milestone of 200 million users has significant implications for the crypto industry:

• Increased mainstream adoption: The growing user base indicates that cryptocurrencies are becoming more widely accepted and integrated into global financial systems.
• Innovation and development: Binance's success encourages other exchanges and projects to innovate and improve their offerings, driving the overall advancement of the crypto ecosystem.
• Regulatory recognition: The large number of Binance users demonstrates the growing demand for clear and supportive regulatory frameworks for the crypto industry.

What to Expect from the Crypto Industry

The crypto industry is poised for continued growth and development in the coming years:

• Institutional adoption: More institutions, such as hedge funds and pension funds, are expected to allocate a portion of their portfolios to cryptocurrencies.
• Central bank digital currencies (CBDCs): Governments worldwide are exploring the development and issuance of CBDCs, which could further legitimize the crypto space.
• Decentralized finance (DeFi): DeFi platforms are gaining traction, offering users innovative financial services such as lending, borrowing, and yield farming.
• Non-fungible tokens (NFTs): NFTs are transforming the art, gaming, and collectibles industries, creating new opportunities for creators and collectors.
#Binance200M #TopCoinsJune2024 #CryptoNewss $BTC $ETH $SOL

France Trade Balance
France’s trade deficit widened to €7.6 billion in April 2024, compared to March’s downwardly revised. It was the largest trade deficit since October 2023, as exports dropped 1.7% month-over-month to €51.2 billion, while imports rose 2.3% to €58.8 billion.
source: https://www.mql5.com/en/economic-calendar/france/trade-balance$EUR $BTC

And finnally - this is the chart of Dollar Index for the price movement during and immediate after this news event:
United States Nonfarm Payrolls#Nonfarm $USDT