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SixSixxSixxx
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My analysis for
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$TON is being manipulated again, with a massive pump. I checked their telegram channel (screenshot attached) and there is some mysterious symbol of the “bone” was posted before the bullish trend started. #ton #BinanceLaunchpoolTON BinanceLaunchpoolTON Thoughts?
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$BTC Prediction: Bullish in the short term The $BTC chart exhibits a clear uptrend over the analyzed period. The price has been steadily climbing, punctuated by periodic retracements which have been relatively shallow. Key Indicators: Moving Averages: The 9-period moving average (MA) consistently lies below the price, indicating an uptrend. A golden cross (50-day MA crossing above the 200-day MA) is not yet evident but could be a bullish signal if it occurs. Volume: The volume appears to increase during significant price movements, both up and down, suggesting market interest and volatility. Based on the prevailing uptrend, the consistent upward price action, and the supportive role of the moving average, the most probable scenario is bullish. A continuation of the uptrend is expected, with potential for further price increases. However, it's essential to note: Market Corrections: Uptrends often experience corrections. A pullback to a previously tested support level could be a buying opportunity. Fundamental Factors: While not explicitly analyzed here, macroeconomic conditions, regulatory changes, and overall market sentiment can significantly impact Bitcoin's price. Trading Strategy: A potential trading strategy could involve buying on dips near support levels, with stop-loss orders placed below recent lows. Profit targets could be set at resistance levels or based on technical indicators like Fibonacci retracements. Remember: Technical analysis is just one piece of the puzzle. Combining it with fundamental analysis and risk management is crucial for successful trading. #MarketDownturn #TONonBinance #XRPVictory
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On Black Tuesday, the last day of the stock market crash #MarketDownturn #BTCMarketPanic #RecessionOrDip? , bankrupt investor Walter Thornton attempts to sell his luxury Chrysler Imperial 75 Roadster for $100 on the streets of NYC, October 29, 1929. The Wall Street Crash marked the beginning of the Great Depression which lasted until the late 1930s. During this time, businesses were wiped out and unemployment peaked at 25% in 1933. Al Capone was the first person to open a soup kitchen to feed the poor. His kitchens served three meals a day to ensure that everyone who had lost a job could get a meal. Soon, every city and town had a soup kitchen. Not everyone experienced misfortune during this time. JFK's father, Joseph Kennedy, realized that it was time to get out of the market when a shoe-shine boy offered him some trading advice. During the Great Depression, Kennedy increased his fortune by investing his money in real estate. In 1929, his net worth was around $4 million ($59.6 million today). By 1935, his wealth had increased to $180 million ($3.36 billion today).
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🔻📉 #MarketDownturn #BTCMarketPanic #RecessionOrDip? #HamsterKombat global market crash has just started and we may see one of the worst historical economic crysis soon. I recommend staying away from any deals till the middle of September. We may see some real hardcore stuff going on after the US presidential elections at the end of 2024, which may lead to WW3 or war expansion in Europe, Asia and the Middle East. The market is very manipulative and unpredictable right now. You may open a short/long position, but it may rise considerably and fall again within 1 day. The way to gain profits is to be very careful, and attentive, follow your trading tactics with TP/SL, and be ready to lose everything quickly. If you don't have experience, trading strategy, or tactics that you follow and your risk tolerance is weak - the risk of losing money right now is 99.9% I think technical analysts will not help you much right now, in that unpredictability and geopolitical situation. I'm pausing my trades till I get more clarity about what's going on. Meanwhile, I continue gaining some experience by studying and deepen my knowledge in finance, trading and investments. I will keep you posted with my insights here. As for you - good luck, with whatever you plan to do next. Take care. $BTC $ETH $BNB
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📉 What are the reasons of a Global market crash? 💥#MarketDownturn A significant crypto market downturn is imminent, mirroring trends in other asset classes. Here’s why: 1. Market Manipulation: The current market surge is likely driven by manipulation from powerful entities like BlackRock, politicians, and whales. Their identities remain in mystery, but they could be connected to criminal activities like money laundering. These players may be artificially inflating prices to cash out before a broader economic collapse, potentially triggered by the upcoming US presidential election and subsequent geopolitical instability. 2. Regulatory Uncertainty and Political Gamesmanship: Taking into account that #SEC backs down on claiming $SOL , $ADA $MATIC in #BinanceTrendingTokens suit and at the same time Trump pledged to end the war on crypto as part of his election campaign. The politicization of crypto, evident in the Bitcoin 2024 conference and #TrumpCrypto campaign promises, introduces instability. Politicians often make conflicting statements, further exacerbating market volatility by playing with their electorate. 3. Market Cycles and Economic Indicators: We’re at all-time highs in crypto, stocks, real estate, and gold. History suggests such peaks are followed by corrections. Moreover, soaring inflation, rising unemployment, and the divestment of assets by the ultra-wealthy 4. Global Conflict and Economic Warfare: The ongoing Russian invasion of Ukraine, and the Palestine-Israel-Iran conflict, along with the potential for expansion into Asia, with China-Taiwan-Japan-USA and Europe, create a volatile geopolitical landscape. 5. Existential Threats: The construction of private bunkers by billionaires like Musk, Zuckerberg, and Bezos underscores growing concerns about catastrophic events, like nuclear strikes. Such fears can trigger risk-off behavior in financial markets. The world is on the brink of a severe economic downturn. This will likely lead to a market crash, creating opportunities for those who can time their entry and exit points correctly
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