$BTC - price update:
Congrat if you followed! đ„
61 200$ â
--> +5% from the support zone mentionned!â
As expected, the price is heading back towards the $62,800 resistance! đ
âĄïžAs explained earlier, the price is again attacking the big resistance of $61,500!
The H4 chart is bullish, and I think we should see a breakout and pump towards the $62,800 - $63,000 zone in the short term.
After that, the price could reach the big resistance around $64,800 - $65,000! [3rd chart] đ
âĄïžZooming on the daily view, it also confirmed my previous setup.
Retest of the flat kijun doneâ
(59 500$)
Lagging span also closed above kijun & uptrend, wich indicate that a room is open for a pump!
On the daily view, the price should logically head towards the SSA ==> $64,500 - $65,000 đ
We should see some green days for #altcoins! đ
Key supports: 59 500 and 58 900$
Invalidation in case of daily close below 59 500$ (Flat kijun D1)
#bitcoinâïž #BTC #Dyor2024 #Bitcoinâ
BLACKROCK NOW HAS MORE CRYPTO THAN GRAYSCALE
Blackrock has now overtaken Grayscale in total on-chain holdings. This makes Blackrock the largest ETF-related entity on Arkham.
Blackrock: $22,143,715,559
Grayscale: $21,996,062,828
đ Emerging Markets Drive Alternative Payment Methods đ$COS $BTC $ETH đ‎ïžđȘ
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đ Emerging markets are embracing innovative financial solutions đ, driving growth in Alternative Payment Methods (APMs). Favorable demographics đ„, financial inclusion đŠ, and digital transformation đ± are key drivers.
đ Mobile wallets, QR codes, and cryptocurrencies đ° are gaining popularity. AI-powered payment solutions đ€ and mobile payments đ± are enhancing operational efficiency and driving adoption.
đ Regional growth is significant in:
đ Southeast Asia đ (Indonesia, Thailand, Philippines)
đźđł India đźđł (increasing mobile penetration and favorable policies)
đ Emerging markets are shaping the future of APMs, driving innovation and adoption. Companies like Payment Asia are at the forefront of this transformation đ.
đ Key takeaways:
đ Emerging markets drive APM growth
đ Innovative solutions enhance operational efficiency
đ Regional growth is significant in Southeast Asia and India
đ Emerging markets shape the future of APMs
$IO /USDT Technical Analysis & Market Update:
Current Price: $1.937 (+19.27%)
IO is showing strong bullish momentum, currently trading at $1.937 with a significant 19.27% increase. The price has surged past key moving averages, with the 7-day MA at $1.859, the 25-day MA at $1.770, and the 99-day MA at $1.677.
Resistance: The next resistance level is at $1.993. A breakout above this could indicate further upward movement.
Support: On the downside, support is seen at $1.552. A break below this level might signal a pullback.
Long Trade: Consider entering above $1.993, targeting $2.050 and $2.100.
Short Trade: Consider entering below $1.552, targeting $1.500 and $1.450.
Don't Forget to VoteâŁïž [đđčđ¶đ°đž đ”đČđżđČ đđŒ đ©đŒđđČ](https://app.binance.com/uni-qr/cpro/anastamaverick?l=en&r=930471544&uc=app_square_share_link&us=copylink)
#IO #MtGoxRepayments #BinanceLaunchpoolDOGS #CryptoMarketMoves #BinanceBlockchainWeek
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Congratulations on Achieving a 1:3 Reward Ratio: A Testament to Strategic Trading
$TRX
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The TRX/USDT trading pair has exhibited a strong bullish trend, as reflected in the recent price action on the 4-hour chart. After a significant upward movement, the price reached a high of $0.1663 before experiencing a pullback to the current level of $0.1568. This pullback provides an interesting opportunity to analyze the risk-reward ratio based on the chart's key levels.
In this chart, the red box represents a critical support zone around $0.1329, which traders may consider as the potential risk area. In contrast, the green boxes mark the potential reward zones, with the first target at $0.1402, the second at $0.1568, and the third at $0.1663.
The current setup offers a favorable risk-reward ratio of 1:3, meaning that for every unit of risk (the red zone), there is a potential reward of three times that amount (the green zones). This ratio is attractive for traders looking to capitalize on the ongoing bullish momentum while managing their downside risk effectively.
Congratulations to all traders who successfully executed their trading plan with precision! Your disciplined approach, combined with a solid understanding of market dynamics, has clearly paid off. Achieving your targets with a favorable risk-reward ratio is no small feat, and itâs a testament to your dedication and strategic planning. Keep up the great work, and hereâs to continued success in your trading journey!
Disclaimer:
This analysis is for educational purposes only and should not be considered financial advice. Cryptocurrency trading carries a high level of risk and may not be suitable for all investors. Always conduct your own research before making any trading decisions.
#6thTrade #MarketSentimentToday #Marketupdate #BecomeCreator
#VANRY MIGHT HAVE ALREADY ESTABLISHED ONE OF ITS MAJOR SUPPORT
If you're looking for an in-depth analysis of VANRY, you're in the right place.
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Here's why.
As #VANRY continues to move on top of the previous key levels where the breakout towards its surge happened, we're already highlighting the possibility of these key levels to become its newly established support. Although, we're still taking into consideration the possibility of its price to be moving below this support key level as that's pretty normal for prices to move below their average prices. Hence, as we await the result for this ranging market of #BTC, we will also patiently observe the probabilities that can happen with VANRY, especially it's high probability of bouncing.
Stay wise, trade cautiously.
#GAINERSPACK #VANRYUSDT
#Market_Update $LPT
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LPT/USDT trading pair has recently experienced a strong breakout, as indicated by the latest price action on the 1-hour chart. After a period of consolidation between $10.115 and $10.794, the price has surged above the key resistance level at $10.794, reaching a high of $12.192 before slightly pulling back to $12.131. This breakout is accompanied by a notable increase in trading volume, indicating that the upward move is supported by strong buying interest.
The breakout above the $10.794 level is a significant bullish signal, suggesting that the market sentiment has shifted in favor of the bulls. The price has also moved above the Ichimoku Cloud, reinforcing the bullish trend and indicating that the upward momentum could continue.
Traders who entered the market during the consolidation phase may find this breakout particularly rewarding, as the price continues to push higher. The previous resistance level around $10.794 is now likely to act as support, providing a potential entry point if the price pulls back to retest this level.
If the bullish momentum sustains, the next target could be a retest of the recent high at $12.192, with the possibility of further gains if the market remains strong. However, traders should remain cautious of any potential pullbacks and monitor key support levels.
Disclaimer:
This analysis is for educational purposes only and should not be taken as financial advice. Always perform your own research before making any investment decisions.
#6thTrade #BecomeCreator #MarketSentimentToday #MtGoxRepayments
Based on our technical indicators, Aavegotchi's 200-day SMA will rise in the next month and will hit $âŻ1.537502 by Sep 21, 2024. Aavegotchi's short-term 50-Day SMA is estimated to hit $âŻ1.491689 by Sep 21, 2024.
The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 61.64, which indicates that the GHST market is in a neutral position.
#GHST #MarketDownturn #TONonBinance #Write2Earn #BecomeCreator $GHST
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đ FTX Reorganization Plan Approved: A Step Towards Bankruptcy Resolution đ
$ETH $BNB $LDO đ‎ïžđȘ
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Cryptocurrency trading platform FTX has secured preliminary approval for its reorganization plan đ, marking a significant milestone in its bankruptcy journey đ.
đ Key Dates:
đ May 7, 2024: FTX files reorganization plan đ
đ June 26, 2024: Preliminary approval granted by the court đ€
đ
October 7, 2024: Confirmation hearing scheduled to finalize the plan đ
đ Plan Highlights:
đ Repayment strategy for debts: FTX outlines a plan to repay creditors and stakeholders đž
đ Reorganization of FTX's business structure: A new structure to ensure sustainability and growth đ
đ Path forward for customers and stakeholders: Clarity on the future of FTX and its services đ
đ Overwhelming Support:
đ€ Creditors show strong support for the plan: A majority of creditors back the reorganization plan đ
đ Approval paves the way for FTX's recovery and growth: A positive step towards bankruptcy resolution đ
đ Next Steps:
đ
Confirmation hearing: The court will review and finalize the reorganization plan đ
đ Implementation of the reorganization strategy: FTX will execute the plan, focusing on recovery and growth đ
FTX's reorganization plan approval marks a significant step towards:
đĄ Recovery: FTX can now focus on rebuilding and recovering from bankruptcy đ
đ Growth: A clear path forward enables FTX to explore new opportunities and growth đ
đ Trust: FTX can work towards rebuilding trust with customers and stakeholders đ€
This approval is a positive development in FTX's bankruptcy journey, paving the way for a successful reorganization and a brighter future đ.
KIP Protocol announces a partnership with Nuklai
#KIPProtocol partners with #Nuklai , a #Layer1 blockchain infrastructure provider for data economies. Through this partnership, KIP Protocol incorporates Nuklai data expertise to enhance the development of AI-ready KBs, ultimately benefiting businesses, researchers, and #AI value creators. Nuklai integration into KIP improves the quality and accessibility of data for AI training and knowledge base development.
KIP Protocol is a #Web3 base Layer for AI that enables secure transactions and monetization of AI models, applications, and data assets. The project is backed by Animoca Brands, Morningstar Ventures, SkyVision Capital, Spicy Capital, Purechain Capital and others.
đ x.com/KIPprotocol/status/1826505451888111901