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Welcome to the TradeCityPro Channel! Today, I'm analyzing the popular SUI coin for you. SUI, a prominent Layer-1 blockchain in the market, has gained significant attention from investors in recent months. With an influx of capital into its network, the SUI coin's price has experienced notable growth. ds Currently, Bitcoin continues its upward trend, marking a new all-time high (ATH) at $98,380. However, Bitcoin dominance has started to decline after a fake breakout of 61.32, leading to corrections. As a result, while Bitcoin consolidates, altcoins have begun to move. 4 For instance, Ethereum has climbed 9%. If Bitcoin dominance continues its downward trend, we may expect a short-term altcoin season. Should the decline persist, Bitcoin dominance could retest its ascending trendline. Key downward targets are 59.56 and 58.64. If dominance reaches these levels while Bitcoin prices rise, we could witness significant rallies in altcoins. $BTC #COSSocialFiRevolution #SOLHitsATH #XRPAndSECShift
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Dogecoin ๐. How did Dogecoin's rise happen? Itโs largely thanks to Muskโs enthusiastic support ๐ฉ. He once said, โSupporting Doge wherever possible,โ a message that resonates with meme-loving crowds ๐ผ๏ธ. This iconic meme coin is affordable and easy to buy in bulk, giving retail investors a sense of accomplishment ๐ช. Recently, Dogecoinโs price was around 40 cents, a significant jump from 15 cents before the election ๐. Meanwhile, Bitcoin, priced just under $90,000 ๐, may look less accessible for retail traders ๐ธ. But itโs crucial to consider market cap ๐น, which truly reveals a tokenโs worth. At 40 cents, Dogecoin may seem small, but itโs anything but a joke! Initially launched in 2013 as a playful homage to Bitcoin ๐ญ, Dogecoin has since grown to a $60 billion market cap ๐ค, holding about 2% of the total crypto market ๐ผ. That's a big deal compared to companies like Ford ๐๏ธ, with its 121-year legacy and $180 billion annual revenue ๐๏ธ. Now, crypto enthusiasts โ especially "Dogecoiners" ๐พ โ are excited about the partnership between Donald Trump and Elon Musk ๐ค. This billionaire duo is expected to drive a new crypto boom, with Dogecoin possibly in the spotlight โจ. Trump recently tapped Musk to lead the Department of Government Efficiency, also called "DOGE" ๐๏ธ, alongside presidential candidate Vivek Ramaswamy ๐บ๐ธ. Announcing the news on Truth Social ๐ฑ, Trump said, โElon Musk and Vivek Ramaswamy will lead DOGE to streamline government, reduce waste, and boost transparency." Musk added on X ๐ฆ, โAll actions will be posted online, with a leaderboard for government spending. Expect some tragic yet entertaining findings ๐ญ.โ With Muskโs devotion to Dogecoin, some believe it might even play a role in this new government department ๐ก. Crypto believers are predicting that Dogecoin could reach a $1 price tag someday ๐.$SOL #ElonMuskUpdates #BTCBreaks93k #HaveYouBinanced #USUALonLaunchpool&Pre-Market
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In ARZ Trading System, we use multiple EMAs to analyze the market, as follows: 1. 200EMA, 100EMA, & 50EMA: Analyze the big picture (Major Structure). What is happening in higher timeframes? Long Term Bulls are stronger or Bears? 2. 20EMA, & 13EMA: Analyze the trading timeframe (minor structure). When to enter a trade and how to manage it? Short Term Bulls are stronger or Bears? Points to consider: 1. If an EMA is flat, it's not a valid S&R and we expect the price to break it easily. If not, it'll act as a strong S&R and we expect a strong movement after Pullback on it. 2. Based on the period of Flat EMA, the fluctuation around it could be big and bigger. It means, a flat 20EMA has a smaller range of fluctuation and shorter duration of ranging market around it, in compare to 200EMA which generally is wider and longer. 3. If EMAs are close to each other, cannot act as S&R. Only when there is some distance between them we can see them as S&R that can encapsulate price between them for a period of time. Here we see a strong bullish entry after hitting Flat 200EMA and 50% LTP If cross and closed above all EMAs, a Pump is in hand! To be continued.. #USInflationAboveTarget #CPIUpdateOctober #cryptomarketcapATH $DOGE #HaveYouBinanced
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๐จ 5 Critical Warnings from Binance Founder Changpeng Zhao Amid Crypto Market Surge ๐จ As Bitcoin hits new all-time highs ๐, Binance founder and ex-CEO Changpeng Zhao shares important tips for investors in this volatile market ๐. ๐ Zhao revisits his 2021 advice: "If you can't hold it, you can't get rich" ๐ฐ, underscoring the need for long-term focus and risk management ๐. With Bitcoin topping $77,000 and altcoins like ETH, SOL, and ADA on the rise ๐, he urges caution: 1๏ธโฃ Expect Volatility ๐ช๏ธ: Crypto markets are unpredictable. Prepare for gains and losses ๐๐. 2๏ธโฃ Manage Risk โ๏ธ: Only invest what you can afford to lose. Diversify your portfolio ๐. 3๏ธโฃ Control Greed ๐ง: Stay level-headed, especially during big swings ๐ข. 4๏ธโฃ Move Carefully ๐ข: Avoid impulsive decisions. Time in the market often outperforms timing the market โณ. 5๏ธโฃ Focus on Long-Term Growth ๐ฑ: Zhao hints, "This is just the beginning" ๐. As the crypto market cap hovers around $2.6 trillion ๐ต, Zhao's reminders encourage a steady, disciplined approach in the midst of the excitement ๐ก๏ธ. #Binance #ChangpengZhao #CryptoMarket #BTC #LongTerm
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