$BTC trade plan There’s no liquidity left below, slowly fli | SilverWolfBtc on Binance Square

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$BTC  trade plan
There’s no liquidity left below, slowly flips the $56K level and then turbo mode till $65K
#BTC☀ #BTC500K  

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Superverse $SUPER Superverse is a decentralised platform where users can create and share content and in return they receive rewards in native cryptocurrency($SUPER). So it is a platform where you can create content on blockchain and earn. It has complete set of tools designed specifically for content creators. Game developers and content creators can share, promote and monetize their gaming and other content. These tools are designed to help creators connect better with their audience and give them the resources they need to grow and maintain their communities easily. So basically Superverse is a decentralized ecosystem that allows social media and content creation using blockchain technology where creators can create content and interact directly with their audience in a decentralized manner. DAO (Decentralized Autonomous Organization) staking Holders of $SUPER have the right to make important decisions about project. So users and holders can actively participate in the ecosystem's development and decisions. * SuperFarm has rebranded to SuperVerse. Here is the official tweet link- https://x.com/SuperVerse/status/1597684268930453504 One thing I am concerned about, the volume is really low right now. If you look at the ranking on CoinMarketCAp, $Super ranks 160th by market cap, but it is 300th in 24-hour trading volume. The 24-hour trading volume is down by 50%. Key Details- • Symbol- $SUPER • Total Market Cap- 275 million dollars • 24 hour Trading Volume-11 million dollars • Circulating supply- 487 million SUPER • Total supply- 1 billion SUPER Technical analysis- Currently the price is at good support zone and if overall market helps, we can expect upward movement. Price can still face rejection from the trendline but once it breaks above the falling wedge, it can start a good rally upside. #BTC☀ #superudt

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MANTLE (MNT) Not officially but you can say that MNT is the native token of Bybit. MNT is part of the BitDAO ecosystem, the largest decentralized autonomous organizations (DAOs) in the crypto space. It allows people to use Ethereum without paying high gas fees. It is an extra layer on Ethereum where people can use apps and make transaction on ETH quickly with low gas fees. Mantle is one of the first Layer 2 scaling solutions for Ethereum that is governed and led by a DAO. This means that decisions about the network's development and upgrades are made by the community, specifically by holders of the BIT or MNT token within the BitDAO ecosystem. Mantle is based on modular blockchain which allows it to interact and develop with different components in the network independently like Execution, Settlement, Consensus and Data Availability. If you wanna read more about modular and monolithic blockchain in detail, check out my blog CELESTIA ($TIA) – ALTCOIN REVIEWS on our website. The migration- BitDAO migrated to Mantle on July 17, 2023. $BIT used to be the native token of BitDAO, but now the native token is $MNT. The migration happened with a 1:1 ratio of $BIT to $MNT on Ethereum Layer 1. Key Details- • Symbol- $MNT • Total Market Cap- 2 billion dollars • 24 hour Trading Volume-118 million dollars • Circulating supply- 3.2 billion MNT (52%) • Total supply- 6.2 billion MNT Technical analysis- Price is currently struggling to break above yearly open, approaching $0.5836 support. If price breaks this support level then it might fall to next support area of $0.4687 which is 23% lower. MNT/ BTC pair The price has been in a downtrend since April 8. After breaking out of the falling wedge upside, the price retested the lower trendline but it recovered quickly. For a successful reversal, I want to see the price regain the green area. #MarketDownturn #BinanceTurns7 #BTC☀

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This is my own opinion, not financial advice. Do your own research. $BTC Right now, the price is in a no-trade zone. My plan is to wait for the price to break out in either direction.  After analyzing the liquidity on the charts, I planned my trades. If the price follows my plan, I will trade; otherwise, I wont.   1. To take a long position, price has to break above 57K, rise to 60k, and then return to retest the 56-57K zone. If this retest is successful, I will go long. 2. To take a short position, I would wait for the price to break below 56K, drop to 54,300, and then return to retest the 56K area. If this retest is successful, I will go short.  Also I am worried about DXY on support. This inverse relationship suggests that it can cause a drop in Bitcoin price. #BTC☀ #btcupdates2024

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