- VeChain (VET): VeChain was one of the top-performing assets in the crypto market in Q1 2024. VET is currently trading around $0.038 and is mostly moving sideways. After a spike of nearly 70% between January and March, VET's price could benefit from a potential rise in BTC, particularly following the halving event.
- Cardano (ADA): Cardano's ADA token is hovering around the $0.45 price range, with a high trading volume of $282 million this week. ADA is consolidating in price, and a leg-up from here could push it above the $0.50 mark in May 2024.
- Dogecoin (DOGE):Elon Musk could soon integrate Dogecoin as an official payment method for Tesla cars. When the market rallies, DOGE tends to spike, delivering profits to investors. Dogecoin's ability to surge when the market turns green makes it an interesting option.
Conclusion: These three coins offer investment opportunities for May 2024 due to their potential for growth. As always, investors should conduct their own research and seek advice from a licensed financial advisor before making any investment decisions.
🤔 Ever wondered what market whales like Mr.100 and Grayscale have been up to? Brace yourself for this mind-blowing revelation! They're not just stacking coins... they're profiting in a DRAINED market! 😲💥 By hitting stop losses and liquidating shorts, they're perfectly orchestrating the final dip. No wonder the bears pushed back on 56.5k! 🐻💔
📈 Some may claim there's hope for a bigger pump reaching 67k, but deep down, we know there's NO WAY it goes further. The market needs to experience a fall in order to rise again! 💥📉 How can the bull run start without a DEEP correction? The big whales and sharks are well-aware that the current market is OVERPRICED. Unlike Grayscale or Mr.100, most investors simply want to stack coins and that only happens at an AVERAGE price, ideally between 40k-50k. 😉
💸 Accumulation hasn't even started! This is just the big guys profiting along the way, capitalizing on every crash and bull trap they encounter. Instead of a freefall, they manipulate this breakout and make their profits by buying the dip. The downtrend is still ongoing, my friends. This breakout is nothing but a FAKEOUT! ⚠️
⏱️ Next in line are the longs, but mark my words: a final correction is inevitable. We might not know how far it could go, but 56k is bound to happen, and who knows, maybe even 52k! If you ever doubted it, just take a look at the Ichimoku Cloud. It clearly showed that a breakdown was expected on 56.6k when profit whales pushed it back. Breaking the 56k support for a retest was necessary to prove that BTC has lost its grip, and 52k might be the next stopping point. ⛔💥 💭
Remember when a couple of days ago, Solana-based coins were the target of these whales? And then meme coins took a hit. But what's intriguing is that since yesterday, attention has shifted towards Ethereum-based coins. Keep a close eye on this ongoing sell-off!
👍 Like | 🔁 Share | 💬 Comment or lose all your money! #altcoins #buythedip#Memecoins$BTC $PEPE $SHIB
In this expected altcoin season Only about 15% of altcoins could potentially generate 10x to 100x returns!
Memecoins (WIF/PEPE) WIF and PEPE are emerging memecoins similar to the structures that fueled DOGE’s growth in the last cycle. These memecoins aim to achieve a similar market cap to SHIB. In the upcoming bull run, WIF and PEPE are expected to surge significantly, potentially up 100x.
OndoFinance (ONDO) ONDO serves as the governance token for Ondo DAO and Flux Finance. The demand for the token has been strong, as evidenced by the continued buying by investors. Meanwhile, considering the current market cap of $1.1 billion, a potential entry point of around $0.64 is suggested.
Athena Labs (ENA) ENA is a synthetic dollar protocol that offers a crypto-native alternative to traditional banking. Analytical chart patterns based on the weekly timeframe suggest that ENA is poised for an upcoming acceleration in growth. As of now, ENA is trading at $0.90, up 12% in the past 24 hours, with a market cap of $1.28 billion.
ArweaveEco (AR) AR is a decentralized storage network that has demonstrated resilient performance in the market. Analysts say that if AR can consolidate above the $49 mark, it could trigger a super cycle and push the token to a higher valuation level. Now the market is starting to rebound
Will lay out a Spot Mima short-term 60% increase Long-term more than 6 times
$SOL price prediction will Solana reach $250??? the answer is yes.... Solana price could reach a potential high of $250 by the end of 2024. Solana network has one of the fastest transaction speeds and success rates when compared to its rivals. SOL price, with a potential surge, could go as high as $1000 by the end of 2030. #SolanaStrong#BullishMay
To make $50,000 if Shiba Inu reaches $0.0065, you would need approximately 7,692,307 SHIB. If it reaches $0.02, you would need 2,500,000 SHIB to make $50,000. And if it goes all the way to $0.19, you would only need 263,157 SHIB to hit that $50,000 mark. Important to Remember: Shiba Inu, like any cryptocurrency, is volatile and its price could go up or down significantly. This doesn't take into account any fees associated with buying or selling Shiba Inu. Do your own research before making any investment decisions.
🚨💰 Elon Musk Raises Concerns About US Dollar Amid National Debt Crisis! 💰🚨 Breaking Alert: Elon Musk, renowned for his forward-looking statements, has issued a stark caution regarding the future trajectory of the US dollar. Musk warns that without immediate intervention to address the surging national debt, the dollar's value could plummet. 📉🇺🇸 What’s Going On? - Dire Forecast: Musk's recent statement has reverberated across financial sectors, emphasizing the looming threat of the dollar's devaluation due to uncontrolled national debt. - Urgent Appeal: Musk's remarks are a clarion call to policymakers, urging them to implement decisive actions to protect the economy. Why It's Significant: - Economic Ramifications: The strength of the US dollar impacts global financial systems, international commerce, and the economic resilience of nations worldwide. - Investor Reaction: Musk's cautionary note might sway market sentiment and prompt adjustments in investment approaches as stakeholders assess potential risks. ❤️LIKE 🫂FOLLOW 🗳️REPOST OR RETWEET ⌨️ COMMENT 🫂Remember: We dedicate considerable effort to deliver top-notch investment insights. Your generous support fuels our mission, enabling us to enhance our services and provide you with unparalleled investment guidance. #ElonMuskAlerts #Eloncrypto
They made losses, they expect more blood to come, they are panic-selling, they tell others to stop buying right now and that crypto is only going down now.
This is the first cycle where we actually see a new ATH prior to the halving!
It never had happened before! Instead of seeing this "overdue correction***"*** after a non-stop straight up bullmarket, people scream.
Strangely the opposite will happen if the markets start to recover. Then people will call to stop FOMO, tell you to wait a bit, advice you to not catch falling knives.
Not a Warren Buffet fan here, but be bullish if blood is on the streets. Is more blood to come? Who know? If anyone is telling you that they do know, they straight up lying to you.
We cannot buy the exact bottom, but if markets go down, it would be a wise play to invest a little bit. DCA in time instead of panic selling time.
Hint: History suggest that real new ATHs happen around 6 months after #halving. Happy DCAing!
Hi Guys, It's Big & Big #alert About $BTC Crash !!! Why is Bitcoin dropping and why are Ethereum, altcoins taking BTC’s lead? Bitcoin’s sell-offs follow the lackluster debut of the newly-listed spot ETFs in Hong Kong. Bitcoin [BTC] sank below $60,000 during U.S. trading hours Tuesday, extending a string of losses in what has been one of the worst months for the cryptocurrency market in recent memory. Bloody April The world’s largest digital asset was down nearly 5% in the 24-hour period, data from CoinMarketCap showed. It ended April at a 14.5% monthly discount. As of this writing, it was hovering over $58,000, down 16% from its all-time high (ATH) recorded in March. The slump rippled across the market, causing other coins to trade in the red. More than $36o million worth of positions were liquidated in the last 24 hours, with longs accounting for 85% of the total, AMBCrypto noted using Coinglass’ data. About $107 million in Bitcoin liquidations was observed in the 24-hour period. What is causing negativity? The sell-offs followed the lackluster debut of the newly-listed spot ETFs in Hong Kong. They recorded just about $11 million in trading volume on the first day, according to data from Hong Kong Stock Exchange. This was a fraction of what U.S.-based spot ETFs clocked in their debut in January. U.S. spot ETFs were not exactly having a great time either, as they saw net outflows of $161 million on Tuesday, the fifth straight day of outflows, AMBCrypto examined using SoSo Value data. Moreover, expectations of the U.S. Federal Reserve keeping the interest rates steady in the upcoming FOMC meeting in light of hotter-than-expected inflation data was also prompting traders to take out their capital from riskier investments. #BTC #bitcoin #Write2Earrn #BTC_MARKET_UPDATE
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Called 10 times you can imagine strength . Do not forget to DCA $BTC
Did you just follow my $SOL short entry at $145 and now is sitting on unrealized profit? Have no idea when to close postion, what to do? Well then here is the guide on the art of taking profit.
First, I am assuming your entry price is moderately far from the current price. long/short/spot doesn't matter, and you are in profit.
In this case, there are a few things you can do to achieve the same goal: Secure profit, obviously don't let the unrealized PNL slip away, but at the same time try not to miss any potential profits.
Usually this type of approach is "greedy" and does not work well (Maximizing profits), but in this context since you are already guaranteed to win it is possible. So the steps you have to take?
1. Set an SL above the mark price but below your entry. This SL would be a stop loss but will still be a profit. Keep pushing SL lower as market dumps if you are short to secure profits. and vice versa for longs. Works even better if you know how to set a grid SL. Use scaled order or just use the "Split SL" mode. Very easy.
2. Use trailing stop. Don't know what this is? Click on it and go to the help page provided by Binance. I am not explaining this to you. The info is already provided.
3. Turn on cross/hedge mode. add all of your unrealized PNL to the existing position, and adjust SL near your entry point, keep doing this. Note that this may significantly increase your profits but may also lose all of your profits. However it has no risk of loss. Best works when market is going completely one side to your favor.
Note that only No. 1 and No. 2 works for intermediate level traders. These 2 methods guarantee profit with no need for micro management. You can live life, all happy, and if SL hits then you still made $$..
But No. 3 is the "Dark Magic Scalping Method". DO NOT do this if you dont trade 24hours a day like me. Needs extensive knowledge and skills. Also a lot of time to just sit and watch the chart. #ShortMaestro
$BTC TANKING DOWN TO $60,000. THE UNEXPECTED IS ABOUT TO HAPPEN.
Everyone except those who're intentional blind folks can see for themselves that BTC has given everyone the middle finger. Most crypto holders have been crushed by BTC's recent massive decline over the last few weeks.
In the coming days a more catastrophic fall is expected to happen as more whales have agreed to dump Bitcoin and pull out of the market.
BTC has faced multiple rejections over the last few days. Too many for comfort and is expected to collide head long with a rock and nosedive low into the deep.
Every one of the biggest crypto whale is on high alert at the moment and are mostly on the negotiation table with their applications forwarded to pull out their billions from the market seeing that BTC is currently out of control.
Once these applications are granted we would see BTC nose diving head long into the deep.
we're most likely going to see something worse than the crypto fall of 2022. I'm a whale insider bringing you direct updates from the whales conference table. #Memecoins #BTC #bitcoin