The price of $ARB is falling today and is close to reaching a critical low of $0.90. However, we expect the trend to reverse and Arbitrum ($ARB ) to regain its strength, similar to how it performed well alongside Bitcoin ($BTC). In previous market cycles, we've seen $ARB increase in value by 230%. We expect a similar increase in the next market rebound.
#bnb $BNB 🚨 LATEST NEWS! 🚨 #BNB? BNB with a small Stop Loss. An operation worth performing (4-hour closure). Challenge: 1$ to 1M$ 🚀 (I won 953.61)
$BNB just passed its all-time high, showing great bullish force! Right now it's experiencing a setback. On the 4 hour chart, a healthy correction after a big move. Wait for a rebound at 100MA before continuing your ascent! Objective? Recent highs are around $730! The cryptocurrency market is in constant motion and there are always opportunities for attentive traders. In this case, BNB has shown incredible strength in exceeding its all-time high, which is a very positive signal for investors. However, it is important to note that, after such a significant movement, it is normal for there to be a correction or retracement in the price. This is not necessarily a bad sign, but rather an opportunity to assess the market and look for strategic entry points. In the 4-hour chart we can see that BNB is making a healthy correction, which can be interpreted as a necessary respite before the price continues to rise. The 100-period moving average (100MA) is an important technical level to be taken into account. Expecting a rebound at this level could offer an excellent buying opportunity for those looking to take advantage of the uptrend. In addition, the recent challenge of converting $1 million into $1 million, with a recorded profit of $953.62, shows the potential of these operations when properly managed. Recent highs are around $730, and this could be a realistic short-term goal if the price maintains its upward momentum.
What are the gaps and how are they created in CME futures?
It's simple. Bitcoin, unlike the traditional exchange, trades 24 hours a day, 7 days a week. The American stock exchange closes several hours a day and CME futures close on weekends, while Bitcoin never closes, even on Saturdays and Sundays.
The CME offers Bitcoin futures that run on exchange hours from 2021, in the previous cycle when we touch the 17,000 dollars. This means that Bitcoin movements occurring outside of exchange hours do not affect these futures. When the exchange opens on Monday morning, the Bitcoin chart may present a gap.
To add this graph in TradingView, look for "BTC1!" All together. I do not recommend looking for gaps in graphs less than 4 hours, the daily graph being the most relevant.
A gap is basically a gap in the graph between two prices where there are no transactions. According to the theory, these gaps tend to close. That is, the following candles usually move towards the prices that were not touched, closing the gap.
For example, if the gap goes from 66,460 to 64,195 dollars, it can take hours or days to close, but eventually the candles usually touch those prices.
Most gaps close quickly, but some can stay open for a long time. It is important to take these gaps into account in the analysis, as they frequently indicate price corrections before continuing with the trend.
#Ethereum $ETH 🚨 LATEST NEWS! 🚨 #Ethereum ETH with small Stop loss. A trade worth entering (4h close).
Challenge: 1$ to 1M$ 🚀 (I win 741$)
BTC is very dangerous. . . 2 H4 peaks have been set and now BTC is heading towards 67k and deeper because support 67 is too weak, this time it will definitely be difficult to maintain. The small possibility right now is that BTC can keep this support area of 69 by Monday, if the funds inject money and can't save it in time, it'll be lucky. . . ETH also has good support in the support area of 3660-3680.
Currently, ETH is only waiting for BTC's performance, but there is no cash flow to ETH and ETF funds have not yet become operational. In the worst case, we have to extend the limit to 3k5. If the above limits are cost-effective, close them for the STL entry.