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Mr_Tycoon23
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It seems ready for another bullish rallyđđđ
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*Solana Meme Coin* Church Turns on Pastor After Scam Allegations Surface Pastor Kelby has been ousted from the Church of the Smoking Chicken Fish, following a number of allegations surfacing. Absurdist meme coin Smoking Chicken Fish (SCF), which evolved from a Solana token into a religion with plans to build a physical church, has ousted its de facto leader amid a flurry of âscammerâ allegations. With this, the remaining team has retaken control of the projectâs website and Telegram channel, and is currently fighting to get into the Twitter account. Community and core team members of the SCF token claim that Pastor Kelby took payments from derivative projects without notifying the rest of the team, received âchurch donationsâ directly into his personal wallet, and has launched a number of ârug pulls.â Pastor Kelby did not respond to Decryptâs repeated requests for comment via Telegram or LinkedIn. Smoking Chicken Fish is a meme coin that started with a weird photo. But things took a turn when contributors developed their own moral and philosophical laws, turning into a âchurchâ that worshiped âLord Fishnuâ and registered as a nonprofit organization. Pastor Kelby led daily sermons where he read passages from his favorite self-help books. $SOL
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*Dogecoin (DOGE) on Verge of First Golden Cross in 4 Years Advertisement* A golden cross happens when an asset's short-term moving average crosses above its long-term moving average, which usually means a bullish trend is starting. The last time this pattern occurred on Dogecoin was in early January 2021 âȘïžOver the next few months, DOGE's price shot up by over 8,000%, reaching an all-time high of $0.76. âȘïžRight now, Dogecoin is trading at $0.10 with a market cap of $14.67 billion. The technical outlook suggests that the price could reach as high as $0.93, $2.27 or even $3.80, depending on market conditions and the broader economic liquidity cycle. If DOGE reaches the lower end âȘïžof this range, its market cap would be up to $135.78 billion. âȘïž But it is not clear if these price jumps are actually going to happen, given what is going on in the market right now. âȘïžSome people might say that these price predictions are based on too much optimism. âȘïž It is also worth mentioning that past performance is not a guarantee of future results. âȘïž Moving average crossovers can sometimes lead traders astray, especially on such chaotic markets like that of crypto. $DOGE
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While the upcoming US presidential election is often seen as a contest between Democrats and Republicans, a deeper battle is brewing. Itâs a showdown between pro-crypto and anti-crypto forces. Alongside the election results, another outcome will be decidedâthe future of the US cryptocurrency industry. The current Democratic administration, led by joe biden information, has taken a tough stance on crypto, and many in the community feel targeted by increased regulations. *Itâs a well-known fact!* The crypto community wonât soon forget the SECâs regulatory crackdowns under Biden. From the start, it was clear that the Biden administration wasnât likely to win over crypto supporters. Predictably, Donald Trump information stepped in as a strong pro-crypto candidate, quickly gaining the trust of many in the space *Can Harris Win Over Crypto Enthusiasts?* â Under Biden, the US administrationâs approach to crypto has been seen as unfriendly, particularly due to the actions of SEC Chairman gary gensler information *Trumpâs Crypto U-Turn* â What really concerns Democrats is not just their own struggles with the crypto community but the Republican Partyâs strong pro-crypto platform. The prime opposition party has adopted a more pro-crypto stance in the US election campaign. It advocates for policies that promote innovation and minimize regulatory burdens. Republican candidate Donald Trump was formerly a vocal critic of cryptocurrencies. But things changed this time. Now, he is the most active crypto advocate in the entire political spectrum of the United States. $BTC $BNB
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Why Bitcoinâs Technical Setup is Still Strong 𧔠In this thread, Iâll discuss why the long-term outlook for Bitcoin remains bullishâeven if the short-term moves seem unpredictable. *Hereâs what's contained:* âą What the descending channel really means âą How liquidity pockets can trigger massive price surges âą The crucial levels to watch next đ° Since March, Bitcoin has been trading in a descending channel (you can even call it a bull flag). However, instead of just labeling it as a particular pattern, it is essential to understand what is happening in terms of price, volume, liquidity, etc. Let's start at the very beginning: After hitting its ATH above $70K in March, we saw big-time profit-taking. This is normal. Logically, the volume spiked. But what followed was crucialâlower highs have been forming since then. And with that comes something important⊠Liquidity pockets! Each lower high holds liquidity. This means buying pressure is sitting at key levels waiting to be tapped. And guess what? The most gigantic pool of liquidity sits right at and above the ATH. But let's move on for a second and discuss whatâs happening in this descending channel. Based on volume, we can see a beautiful accumulation. - Volume stays low overall - Highest volume whenever Bitcoin touches the lower trendline -> Accumulators are active $BTC
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Expecting short term bearishness .... May be this rate cut can bring some volatility in the market... Anyways I choose to trade my charts not news... But yes charts showing some volatility ahead.... And yesss do not get shaken out if anything goes south âŹïž.... That's the plan đ.... Wait until things get normal again... #fedinterest #RateCutExpectations
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