We’re seeing significant liquidations in the market right now, and the question on everyone’s mind is: Is this the bottom, or is the downtrend still in play?
Market sentiment is tense as prices fluctuate, and traders are on edge, trying to gauge whether we’re nearing a reversal or if the sell-off will continue. Many are wondering if we’re witnessing the final stages of the bearish cycle before a potential rebound, or if the pressure will keep pushing prices lower.
What are your thoughts? Are we seeing signs of a bottom forming, or is there more downside to come before we can even think about a recovery?
With Trump poised to return to the White House, Bitcoin has reached a new all-time high, marking a major milestone for the crypto community. 🎉
Yesterday, we predicted Trump’s victory based on the charts 🔎, and today we look back at what he promised during his first term:
⚫️ Establish a strategic national Bitcoin reserve ⚫️ Remove SEC head Gary Gensler ⚫️ Keep the 210,000 BTC held by the US from being sold ⚫️ End wars, with Bitcoin soaring in the absence of conflict ⚫️ Position the US as the global leader in crypto and mining ⚫️ Avoid launching a digital dollar ⚫️ Form a presidential advisory committee to regulate crypto laws ⚫️ Explore using crypto to pay off the national debt
$ETH Technical Analysis: Support, Resistance, and Trade Strategy
$ETH is currently testing support at $1,600 and resistance at $1,750. A breakout above resistance could signal a bullish move towards $1,850, while a drop below support may push prices toward $1,500.
Long Entry: Above $1,750 Target: $1,850 Stop Loss: $1,600
Short Entry: Below $1,600 Target: $1,500 Stop Loss: $1,750
⚡️ Donald Trump Wins U.S. Presidential Election! According to CNN, Trump secured 276 electoral votes, while The New York Times reports 277 – both surpassing the 270 needed to win. Democratic candidate Kamala Harris garnered 219 votes. But let’s not get ahead of ourselves; #trump officially steps into office in January 2025. So, any crypto-friendly promises, including the potential removal of #GaryGensler , won’t be in action until then. Fingers crossed he doesn’t forget by then! 😁 #Trump47thPresident #ElectionNightBTCGuess #NovemberMarketAnalysis
Looking to initiate a short position around $161 on $AAVE for a potential scalp trade. Currently, $AAVE is facing resistance near this level, with a possible downside move if it fails to break through. Watch for signs of rejection at $161 for a confirmation to enter.
$BTC Technical Analysis: Support, Resistance, and Entry Strategy
$BTC is currently testing key support at $34,000 and resistance at $36,500. A breakout above resistance signals a potential bullish rally towards $38,000, while a breakdown below support could lead to a bearish move toward $32,000.
Long Entry: Above $36,500 Target: $38,000 Stop Loss: $34,000
Short Entry: Below $34,000 Target: $32,000 Stop Loss: $36,500
The Guy Who Forgot His Bitcoin Investment A man named Mark bought $5 worth of Bitcoin in 2011 just to see what the fuss was about. He tucked it away, forgot about it, and went on with his life. Years later, Mark was chatting with friends about the rise of Bitcoin and suddenly remembered his tiny investment. Curious, he checked his old wallet and discovered that his $5 was now worth over $800,000! Mark couldn’t believe his luck. But there was a twist: he had to track down his ancient laptop and remember the details to access it. After a few nerve-wracking days of searching and failed password attempts, he finally got in and cashed out, making him an accidental Bitcoin millionaire overnight! #TwinsTulip #ScrollOnBinance #GrayscaleXRPTrust #CryptoAMA #SOLFutureRise #DogeArmyComeBack #BTCBreaksATH
🚨 URGENT: Time to Secure Profits? Market Tensions Rise as Trump Hits a Wall at 190 Votes 🚨 If you’re holding a long position, now might be the moment to lock in some gains as election results bring turbulence to the market. Currently, Trump appears capped around 190 electoral votes, while Harris is inching closer to 230. As the counting continues, expect this gap to narrow, signaling a dynamic shift that could impact your trade. 📉 Heightened Market Volatility – Exercise Extreme Caution The market is more volatile than ever, and this election uncertainty is adding fuel to the fire. With votes still coming in, the possibility of sudden reversals remains high. The recent surge exceeded expectations, but approach this with caution. Even if Trump clinches victory, any bullish rally in the market could be short-lived and followed by rapid corrections. 🔥 Key Signals to Watch: Potential Reversal on the Hourly Chart: Early signs of a downtrend are appearing, indicating a possible corrective phase. Traders should stay vigilant, as this could lead to a sharp pullback if momentum wanes. Secure Profits in a Long Position: Now is a prudent time to take partial profits, especially with the political and market landscape in flux. This strategy allows you to capitalize on gains while minimizing exposure to the downside. Expect Tightening Margins as Counting Continues: The electoral margin between Trump and Harris is expected to shrink, which may lead to increased volatility and unpredictable swings in the market. #NovemberMarketAnalysis #Write2Earn! #ETHETFsApproved #Megadrop #ETHBTCNewLow
$AAVE is consolidating between support at $70 and resistance at $85. A breakout above $85 could drive the price towards $95, while a drop below $70 may lead to further downside to $60.
🚨 $BNSOL Analysis: Key Support & Resistance Levels 🚨
$BNSOL is currently trading between strong support at $1.50 and resistance at $1.80. A breakout above $1.80 could signal a bullish move toward $2.00, while a drop below $1.50 may lead to a decline toward $1.20.
🚨 Trump’s Election Victory Drives Gold Prices Down – What’s Next for Investors? 🚨
Following Donald Trump’s unexpected win, gold prices have taken a downturn. 📉 Analysts at SP Angel attribute this to the strong U.S. dollar and rising Treasury yields, both triggered by Trump’s policies. As fears of inflation mount, driven by potential tax cuts, tariffs, and reduced immigration, gold is no longer the reliable safe haven it once was.
🔥 The market reacted with a sharp sell-off of positions hedging against a contested election, further impacting gold’s appeal.
💡 What does this mean for your portfolio? Gold may be losing its allure, but crypto assets, with rising inflation concerns, could be the next big play for investors looking to hedge against uncertainty.
🚀 Be proactive and adjust your strategy. As traditional assets struggle, don’t miss the opportunity in the rapidly growing crypto space.
$BTC is currently consolidating between key support at $34,000 and resistance at $35,500. A breakout above $35,500 could trigger a bullish move toward $36,500, while a breakdown below $34,000 may push BTC lower to $32,500.
Long Entry: $35,600 Target: $36,500 Stop Loss: $34,000
Short Entry: $33,900 Target: $32,500 Stop Loss: $35,500
If you're holding a long position, consider securing some profits by closing a portion now. Currently, Trump seems capped around 190 votes, while Harris maintains a path to at least 230 votes. As the vote tally progresses, expect the margin between Harris and Trump to tighten gradually, reflecting a shifting dynamic in the ongoing count. The market is experiencing heightened volatility, which comes with significant risk. The sentiment remains consistent; with voting still in process, the chance of positive developments flipping to negative remains substantial. Although the recent surge has exceeded expectations slightly, it’s important to approach this cautiously. Even if Trump secures the election, any rally in the market will likely be short-lived. Furthermore, there’s a noticeable decline on the hourly chart that traders should watch #Trump47thPresident #ElectionNightBTCGuess #ETHBTCNewLow
Binance Coin (BNB) is testing strong support at $210. A bounce from this level could push $BNB towards resistance at $225, with a breakout targeting $240.
Long Entry: $212 Target: $240 Stop Loss: $205
If $BNB breaks below $210, a short entry may be considered, with $200 as the next key support level.
🟥 Epic ‘DEMOCRAT’ Moment: • A candidate from a marginalized minority group • Unites diverse, often overlooked communities • Gains support as the only alternative, capturing half of the nation’s vote • Struggles to win over rural areas • Challenges a charismatic right-wing leader • Ultimately leads the nation into uncertainty and division
Master the 5-Minute Candlestick Patterns to Earn Consistently 💸💥 Master the 5-Minute Candlestick Patterns to Earn Consistently 💸💥 Disclaimer: Trading involves risk. Always conduct thorough research and consider consulting a financial advisor. Past performance does not guarantee future results. 📖 Understanding the Basics of Candlesticks Before exploring specific patterns, it’s essential to grasp the key parts of a candlestick: - Real Body: The rectangular section that shows the price movement between the open and close. A green body indicates a rise in price, while a red body signifies a decrease. - Wick (Shadow): The lines extending from the real body, representing the highest and lowest prices within the time frame. Key 5-Minute Candlestick Patterns for Daily Gains 🏆 1. Bullish Engulfing Pattern 🟢 - Formation: A small red candle followed by a large green candle that fully engulfs the red candle. - Signal: Indicates a strong bullish reversal, suggesting the start of an uptrend. - Trading Strategy: Buy at the open of the large green candle, set a stop-loss below the low of the red candle, and a take-profit above the high of the green candle. 2. Bearish Engulfing Pattern 🔴 - Formation: A small green candle followed by a large red candle that completely engulfs the green candle. - Signal: Suggests a strong bearish reversal, indicating a potential downtrend. - Trading Strategy: Sell at the open of the large red candle, place a stop-loss above the high of the green candle, and a take-profit below the low of the red candle. 3. Morning Star Pattern 🌟 - Formation: A small red candle, followed by a small-bodied candle (either red or green), and then a large green candle. - Signal: Indicates a bullish reversal, signaling the beginning of an uptrend. - Trading Strategy: Buy at the open of the large green candle, place a stop-loss below the low of the small red candle, and a take-profit above the high of the green candle. #SOLFutureRise #DogeArmyComeBack #Trump47thPresident #ElectionNightBTCGuess
$UNI Technical Analysis: Key Support & Resistance Levels
Uniswap (UNI) is currently testing support at $5.50, which has provided strong buying interest. A bounce here could push $UNI towards resistance at $6.00, with a potential breakout targeting $6.50.
Long Entry: $5.55 Target: $6.50 Stop Loss: $5.30
If the price breaks below $5.50, consider shorting with $5.20 as the next support target.
Ethereum ($ETH ) is currently testing key support at $1,650, which has held firm over the past few days. If this level holds, ETH could push towards resistance at $1,750, with a potential breakout above this zone to target $1,850.
Long Entry: $1,655 Target: $1,850 Stop Loss: $1,620
On the flip side, a break below $1,650 could signal a short opportunity, with support at $1,600 as the next target.
Short Entry: $1,640 Target: $1,600 Stop Loss: $1,675