_🛑⚠️‼️BTC/USDT Analysis 📊_
$BTC 🌏⤴️🪙
{spot}(BTCUSDT)
The Bitcoin (BTC) market is currently consolidating within a downward wedge extension pattern ⬇️. This pattern indicates a potential reversal of the previous downtrend and a possible breakout to the upside 🤯. The large extension of the wedge suggests that the market is building up energy for a significant price movement, which could result in a substantial price increase or decrease 📈.
_Recent Breakout 📈_
The recent breakout above the resistance level and the 100-day moving average (MA) is a bullish sign 📊. The 100-day MA is now acting as support below the current price regime, providing a safety net for the price to fall back to in case of a pullback 📊.
_Retest of Support 💪_
The successful retest of the 100-day MA as support has strengthened the bullish sentiment for BTC 💪. This indicates that the market is confident in the breakout and is likely to continue moving upwards 📈.
_Potential Breakout 🚀_
A confident breakout of the downward wedge extension pattern could trigger another bullish rally in the crypto market 🚀. This could lead to a significant price increase in BTC and potentially other cryptocurrencies 📈.
_Overall Assessment 🤔_
The analysis suggests a bullish outlook for BTC, with a potential breakout from the downward wedge extension. However, it's essential to remember that cryptocurrency markets can be volatile, and prices may fluctuate rapidly 🚨. Traders and investors should exercise caution and consider multiple factors before making any investment decisions 📊.
#Banana
Banana Gun Assures Users Of Safety And Future Developments
According to BlockBeats, on August 25, the Telegram Bot project Banana Gun addressed concerns regarding the Telegram founder and its impact on Banana Gun. The project emphasized that their bot is safe to use.
Banana Gun reassured users that it is more than just a Telegram Bot. The project is actually a fully customized backend system. While this backend currently supports its Telegram frontend, it will soon become the engine for many other frontends.
For instance, Banana Gun is developing an API for third-party integration, and a web application is in its final stages. The vision for Banana Gun led to a complete redesign of the backend in the first half of 2024, transforming it into a modular and flexible trading tool. The team expressed confidence that this investment will yield significant returns.
{future}(BANANAUSDT)
🔍 Thinking of Holding Notcoin? Here’s What to Consider Before You Decide! 🚀
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Before deciding to hold onto Notcoin, make sure to evaluate the following factors:
Market Trends: Examine the overall market trend and how Notcoin is performing. If the price is falling, it might be wise to wait before buying more.
Financial News: Look for recent news about Notcoin, including important announcements, partnerships, or technology updates that could impact its price.
Expert Opinions: Listen to what crypto experts and analysts are saying about Notcoin. Are they recommending holding or selling?
Risk Tolerance: Consider whether you can handle the potential for further price declines. Holding might require patience if the price continues to drop.
Investment Plan: Ensure you have a solid investment plan and know how much loss you’re willing to tolerate.
Technical Analysis: Review technical analysis indicators to get a better understanding of market trends.
By considering these factors, you can make a more informed decision about whether it’s the right time to hold Notcoin or not.
What’s your strategy for dealing with Notcoin’s recent drop? Share your thoughts below! 👇
#Notcoin #CryptoInvestment #MarketTrends #CryptoAdvice #Investing #Blockchain #FinancialNews
URGENT UPDATE REGARDING $SUN $LUNA $PEOPLE
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SUN (Sun Token)
Critical Surge: SUN has surged 12.63% to $0.04148, indicating strong positive sentiment. Failed Correction: Recent attempts to correct were unsuccessful, failing to break through the crucial support zone. Breakout Required: For a continued bullish outlook, SUN must maintain its current momentum and break through the next resistance level.
LUNA (Terra)
Higher Liquidity: LUNA boasts higher liquidity than SUN, despite its negative sentiment. Potential Upward Movement: Anticipate possible gains post-news or tomorrow, with the RSI 4H indicator remaining positive. Breakthrough Target: A surge above $0.420 could trigger further gains, targeting the $0.450 area.
PEOPLE (ConstitutionDAO)
Bullish Outlook: PEOPLE is currently bullish, aiming for the $0.080 region and the $0.085 resistance. Critical Resistance: It recently touched the $0.075 area, a critical resistance level. Positive Close Required: A close above 4H with $0.076 would be positive; otherwise, prepare for further downside.
KEY LEVELS TO WATCH:
SUN: $0.040 (support), $0.045 resistance
LUNA: $0.390 (support), $0.420 (resistance)
PEOPLE: $0.070 (support), $0.080 (resistance)
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#TelegramCEO
The Simpsons' Striking Bitcoin Prediction: A Glimpse into the Future?
The Simpsons has a history of making astonishing predictions, and their 2021 episode hinting at Bitcoin's value soaring to infinity has left the cryptosphere buzzing! But this isn't the first time the show has surprised us with its visions of the future.
From predicting Donald Trump's presidency to forecasting Bengt R. Holmstrom's Nobel Prize win and even the merger between Fox and Disney, The Simpsons has consistently demonstrated an uncanny ability to foresee future events.
So, could their Bitcoin prediction be more than just a joke? As traditional currencies continue to lose value, Bitcoin might hold the key to a financial revolution. With its decentralized nature and limited supply, Bitcoin has the potential to reach unprecedented heights.
While infinity might be a stretch, The Simpsons' prediction has sparked excitement and curiosity. Will their prophecy come true, or is it just a clever joke? Only time will tell, but one thing is certain - The Simpsons' track record of predicting the future is undeniable. #Bitcoin #TheSimpsonsPrediction #BinanceLaunchpoolDOGS #TelegramCEO #MtGoxRepayments
Avoiding Panic Selling in Crypto: A Guide
We've all heard stories of investors panic selling during market crashes, only to see prices rebound the next day. Don't let fear dictate your investment decisions! Here's how to stay calm and make informed choices:
1. *Embrace Volatility*: Crypto's price swings are normal. Accept the ups and downs, and don't let fear take over.
2. *Stay Calm in Downtrends*: Downtrends are natural and often lead to healthy corrections. Look for buying opportunities instead of panicking.
3. *Invest Wisely*: Only invest what you can afford to lose. This way, you won't be forced to sell at a loss during downturns.
4. *Think Long-Term*: Focus on the long-term potential of your investments. Selling in a crash could mean missing out on significant future gains.
5. *Use Dollar-Cost Averaging*: Spread out your investments, especially during dips, to achieve a better average price.
6. *Seek Advice*: Talk to experienced friends or experts for guidance. Their insights can help you stay grounded during market turbulence.
By following these strategies, you'll be better equipped to navigate the volatile crypto market and avoid making impulsive decisions based on fear. Stay informed, stay calm, and invest wisely!
#BinanceLaunchpoolDOGS #MtGoxRepayments #TelegramCEO #PowellAtJacksonHole #BinanceBlockchainWeek
📊NEUTRAL: $TON (1D)
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Analysis:
Toincoin (TON) has faced difficulties breaking above a rising resistance level (top line). This top line indicates potential bullish movement if surpassed. Meanwhile, the crucial support level (neckline) is holding the price steady. So far, no significant risks for Toincoin.
Price Targets:
If the price breaks above the top line, a bullish target would be around $8.50. However, if the support level breaks down, the potential bearish target could be as low as $3.10. Keep an eye on these levels for a strategic move!$TON #DYOR
{spot}(TONUSDT)
I've decided to stop accumulating cryptocurrencies. But don't worry, it's not the end of my crypto journey. It's just that hoarding more digital coins doesn't seem worthwhile anymore. With so many people jumping in, from memecoins to niche projects, it feels like everyone is trying to chase their own "Bitcoin boom" without fully understanding the market.
Fifteen years ago, a dollar's worth of Bitcoin could've made you wealthy today. So why not try the same strategy? You invest $10 or $100, and in 15 years, you might hit it big—or not. But how likely is that? In my case, I'll stick with what I already have and won't sell for another 15 years. If it doesn't yield at least a million dollars or even $100k, I'll know stopping was the right choice. And if another Bitcoin-style miracle happens, then great—early retirement it is.
Does this mean I'm stepping away from crypto? Not at all. Instead, I'll focus on speculating on strong cryptocurrencies like $BTC, $ETH, and $SOL, and trading those that set trends. For me, accumulation is done; it doesn't make sense anymore. What about you? If you're thinking "enough is enough" with your portfolio, maybe it's time to stop accumulating too. The choice is yours, but I've already made mine.
Shiba Inu All the Way to $0.000081 as it Finally Breaches Crucial Region #shiba⚡
Shiba Inu (SHIB) currently trades at a critical juncture after recently breaching the resisting trendline posing a roadblock to a substantial surge.
This is according to an update from market analyst Javon Marks, who recently analyzed SHIB’s current price momentum. Notably, the update comes up amid an observable rebound within the broader crypto market.
Earlier Shiba Analysis
As reported by The Crypto Basic, in an earlier analysis nearly a week ago, Marks identified a massive falling wedge pattern forming on the daily chart. He highlighted that SHIB was approaching the convergence point of this pattern. For context, this region often leads to potential breakouts.
The pattern formed following Shiba Inu’s drop from the $0.000045 yearly peak in early March, with the price action becoming increasingly compressed as it approached the apex. This compression often indicates that the sellers are losing momentum, setting the stage for a reversal.
SHIB Stages a Breakout
Fast forward to his recent update, Marks confirmed that SHIB had indeed broken out of the falling wedge pattern. Shiba Inu staged a breakout amid an impressive run that began on Monday, Aug. 19. Interestingly, SHIB recorded three consecutive intraday gains from Aug. 19 to 21, spiking 6.52% within this period.
Meanwhile, a massive 8.82% intraday surge on Aug. 23 confirmed the breach above the falling wedge. This breakout is especially significant, as falling wedges typically signals bullish reversal patterns, especially when they occur after a prolonged downtrend.
Meanwhile, Marks’ chart outlines potential price action following the breakout. In the near term, the next significant resistance level appears to be around $0.000032, which could serve as an interim target. Beyond this, if the bullish momentum continues, SHIB could potentially rally towards $0.000081.
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#TelegramCEO #CryptoMarketMoves #BTC☀ #BlackRockETHOptions $SHIB
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Why You Lose After Opening a Trade: A Closer Look:
If you're wondering why most of your trades end in losses, you're in the right place. Let's break it down with a simple scenario to better understand how it happens.
**Scenario:**
There are about 560 million crypto traders worldwide. If 20% of them decide to trade the same coin at the same time, that's 112 million traders.
Now, let's assume each trader invests $10. That amounts to $1.12 billion being traded on that coin at the same time. Out of this $1.12 billion, roughly 80% or more will get liquidated, meaning only 20% or less will take the liquidity and come out on top. In numbers, that’s $896 million lost by the majority and $224 million gained by a few.
Now, think about traders who invest more than $10—say, $100, $1,000, $10,000, or even more. The stakes get higher, but the odds remain the same. What are the chances of being among the 20% who win?
As you reflect on this, consider the steps you can take to reduce the risk of being part of the 80% who likely get liquidated.
Stay informed, trade smart.
#PowellAtJacksonHole #CryptoMarketMoves #TelegramCEO #BinanceLaunchpoolDOGS #MtGoxRepayments
#RENDER
Watch Out
Render saw a 37% rise last week, reclaiming the $6 level for the first time this month
trading at $6.153, RENDER is comfortably above the Upper Bollinger Band ($5.894), which often signals overbought conditions. This suggests a potential pullback or consolidation might be on the horizon.
However, the strong trend indicated by the ADX at 33.25 supports the idea of sustained upward momentum. The asset maintains a bullish bias with the +DI at 28.35 and -DI at 16.63.
If the current momentum holds this week, Render could aim for higher targets around $6.0 and potentially $7.0.
Nonetheless, a dip below the Upper Band might lead to a retest of the 21-day moving average ($4.875).
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*Hamster Kombat Airdrop: Get Ready to Claim Your Rewards!*
Mark your calendars for September 4th, 2024, as Hamster Kombat is launching an exciting airdrop! To participate and claim your share, follow these steps:
1. *Hold HAM Tokens:* Ensure you have HAM tokens in your wallet, as the amount you hold will impact your chances of winning.
2. *Stay Informed:* Follow Hamster Kombat on Twitter, Telegram, and other channels to stay updated on the latest news and announcements.
3. *Join the Community:* Participate in Hamster Kombat's Telegram, Discord, and other platforms. Being an active community member can earn you additional rewards!
4. *Complete Tasks:* Finish all the required tasks to secure your spot in the airdrop and get ready to experience the power of Hamster Kombat!
Don't miss out on this opportunity to claim your rewards! Stay tuned for more updates and get ready to join the Hamster Kombat airdrop on September 4th, 2024.
Be wary of off-exchange P2P services on social media
A user reported being scammed while attempting to exchange USDT for dollars via Zelle. Initially, the user made a test deposit of $1000. After this, the scammer claimed that the minimum required amount was $2000. The user then deposited an additional $1000, but after this second deposit, the scammer cut off all contact and blocked the user on Instagram.
How to Avoid Off-Exchange P2P Scams
1.Use Reputable Platforms: Conduct transactions through reputable exchanges that offer escrow services and protection against fraud.
2.Be Skeptical of Too-Good-To-Be-True Offers: If a P2P deal sounds too good to be true, it probably is. Exercise caution and perform due diligence.
3.Educate Yourself: Stay informed about common scams and how they operate. Knowledge is your best defense against fraud.
😱🚀Famous analyst compared this meme coin to the rise of Bitcoin!🐸👀
A cryptocurrency trader known for his careful predictions on social media states that an Ethereum (ETH)-based memecoin is preparing for a serious rise. The analyst, who shares under the pseudonym Bluntz, announced that he will announce $PEPE to his radar.
Bluntz, who examined #PEPE 's two-hour charts, shared that he came across a similar view to the price movements of Bitcoin (BTC) in January 2023, when it bottomed out and traded around $ 16,000. The analyst thinks that this similarity is striking and that PEPE may catch a similar upward trend.
I examined PEPE this morning and felt a deja vu like I had experienced this situation before. At that time, BTC was trading at $ 16,000 levels. "
Bitcoin, which bottomed in January of last year, rose to its all-time high of 73,737 in March of this year. However, it represents an increase of more than 360 percent in about 15 months. At the time of writing, Bitcoin is trading at $63,850, while PEPE is valued at $0.0000094.
These memecoins could stand out!
Bluntz also mentioned a few memecoins that are predicted to rise faster than other altcoins that are making waves in the market.
Memecoins will still outperform everything else on the way up.
The easiest strategy is to pick some frogs, dogs, and cats$cat, $popcat, $pepe, $wif, $floki — Bluntz (@Bluntz_Capital) August 23, 2024 I think memecoins will outperform all other assets on the way up. The easiest strategy is to pick some frogs, dogs, and cats: CAT, POPCAT, PEPE, WIF, FLOKI.”
{spot}(PEPEUSDT)
#PEPEUSDT #memecoins #binance
Telegram CEO Pavel Durov Arrested Amid U.S. Security Agency Pressure
Durov’s Revelation: Just before his arrest, Pavel Durov, the founder of Telegram, revealed that U.S. security agencies, including the FBI, were highly interested in his messaging app’s operations. 🕵️♂️🔍
Recruitment Attempt: During an interview, Durov shared an incident where U.S. agents covertly tried to recruit a Telegram engineer. Their goal was to gain insights into the app’s open-source libraries and potentially influence the company to compromise its privacy features. 🌐🔒
Personal Encounters: Durov also described encounters with FBI agents at airports during his U.S. visits. These interactions aimed to pressure Telegram into compromising its security. The goal? To establish control over the app. 🛫🔐
Global Impact: Durov’s arrest could shape the future of encrypted messaging services. If Telegram is held liable for criminal activities, it might set a precedent for how governments deal with privacy-focused tech companies. Expect more regulations and scrutiny worldwide. 🌎🔍
Tech World Watching: As events unfold, the tech community closely monitors how Durov’s legal battles will impact Telegram’s operations and the ongoing privacy vs. security debate. 📱💼
For additional details, you can watch the interview on Tucker Carlson’s website or YouTube1. 📺👀
#TelegramCEO #PavelDurov
👮 Argentine authorities have arrested a Russian citizen on suspicion of laundering cryptocurrency for criminal groups, including North Korean Lazarus hackers.
According to La Nacion, the accused laundered money through cryptocurrency exchanges and mixers, then converted the assets into fiat money.
He had been under surveillance since November 2023 and was eventually located thanks to information provided by the Binance exchange.
Electronic devices, two cryptocurrency wallets with $121,000 in assets, and $15 million in cash were seized from his flat.
#CryptoMarketMoves #Write2Earn! #BTC☀ #BinanceLaunchpoolDOGS #MtGoxRepayments $BTC
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$ETH
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$BNB
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From $10 to $1000: A Safe and Strategic Guide to Trading on Binance
Turning $10 into $1000 on Binance safely requires a combination of knowledge, strategy, and risk management. To achieve this, follow these steps:
1. Understand the basics of Binance's platform, fees, and rules, as well as cryptocurrency trading.
2. Choose a trading strategy that suits your risk tolerance and market conditions.
3. Select a cryptocurrency with high liquidity and potential for growth.
4. Set a budget and risk management plan, allocating your $10 budget wisely.
5. Continuously monitor market trends and adjust your strategy as needed.
6. Reinvest your profits to grow your capital, but avoid over-leveraging.
7. Diversify your portfolio to minimize risk and avoid FOMO and FUD.
8. Stay patient and disciplined in your trading approach.
Remember, turning $10 into $1000 on Binance safely requires time, effort, and a well-thought-out strategy. Never risk more than you can afford to lose, and always prioritize risk management. This guide is for educational purposes only and should not be considered financial advice.
#BinanceLaunchpoolDOGS #TelegramCEO #PowellAtJacksonHole #BinanceBlockchainWeek #MtGoxRepayments
Short-term holders (STH) and long-term holders (LTH) exhibit distinct behaviors in the Bitcoin market. STH, typically engaging in day trading, swing trading, or scalping, have recently shown an increase in selling activity, with realized cap changes entering negative territory, falling below $-10 billion.
Conversely, long-term holders (LTH) maintain a buy-and-hold strategy, reflecting their belief in Bitcoin's long-term potential. In the Ethereum market, funding rates have returned to negative values around 0.00%, suggesting retail traders are opening short positions. Additionally, significant Ethereum withdrawals to cold storage indicate a bullish sentiment, as holders anticipate future price increases.