$BTC 👀👀👀 🔥🔥Update My Daily View>>>> We continue to fall according to the plan!
More than half of the Plan has been completed for BTC!
Here is my level for BTC! Now the interesting point is that ETH Leads this trend down and it even makes a new Low, which means BTC is taking all the dominance, even the majority of Alts made a new Low, while BTC is still here!
For now, everything continues according to the Plan, I expected SP500 to rise by the end of July, but only the Realization Index rose while BTC fluctuated, then the Index started to change and everything else followed!
The mass sentiment is far from falling and for this reason we continue to dig deeper! People are biased, and they see what they want, not what is real! When I post something bearish around Local High, I get a lot of hate, then when it comes true, they don't talk and hide because of Ego!
As I said in the Update on BTC, ETH and major altcoins, everything will go to a dead end and no one believes, because emotions are speaking and because of this Emotion you are losing Profit, and from there it leads to this
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Plugging in like this is really unbearable, hope not to plug in more than 58,000 for this section. Otherwise, it's really hopeless. Setup Long BTC entry 58,000-58,850 Stoploss 57,000 Target 61,000-63,000-64,000
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Trade, don't gamble 🙏
On average, 13/100 gamblers are able to leave the casino with a profit, most people consider trading as gambling and that is why only 1% of traders can beat the market. Successful trading requires a disciplined approach, profound research and long-term strategy.
🎰 Gambling and trading may seem similar but they are fundamentally different. Gambling is purely based on chance, where the odds are against you, leading to a high chance of loss. In gambling, there is no control over the outcome and luck is the main factor.
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🚨🚨 #Bitcoin Updated, MUST READ!! 🚨🚨~Will we see another price drop for $BTC? Or will we continue to go up from here? Find out in this post.~In this post, I will compare #SPX & #BTC to see if the bottom is in there.~Let's start with SPX (1st photo & 2nd):Stock market and BTC are closely linked and since we had a big correction in the stock market yesterday we saw this decline in bitcoin. But on the positive side, SPX is currently holding the weekly 20 EMA (1st chart) and whenever we touch the 20 EMA we will surge with immense strength while in an uptrend (2nd chart).SPX broke out from the previous ATH and rallied to the 1.272 fib level, then dropped to the 20 EMA and held it as support. We then rallied to the 1.414 fib level and now return to the 20 EMA for support. And we will soon begin our journey towards the 1.618 & 1.786 Fib levels, which will be the SPX Cycle Top and BTC will also form a cycle top with it before the extended bear market begins for cryptocurrency.~Bitcoin Update:1D: As I said before, we have formed a double top on bitcoin's daily timeframe and after a perfect retest of the neckline, we have achieve the technical target of the double peak. Even beyond the target as we have lost the 0.5 fib level. Now we are holding the 0.386 fib level quite well, if this support is lost then the next target is the 0.236 fib level, which I considered highly unlikely but will be on the chart if we lose support.4H: On the 4H timeframe, we have been creating a bullish divergence since July 30, which is very good to look at before the trend reverses. Now I'm waiting to see what happens. If we get close to the 4H 20 EMA, if rejected, the 0.236 fib level is possible. If we get above it then the trend has reversed and we will most likely be bullish.~Thanks for reading; stay safe.🤝🏻~PS: If you liked my post and found it informative, please leave a tip by clicking the yellow tip button below. I will be grateful.❤️
World Coin is currently trading at 2.01, with a recent low of 1.90 and a recent high of 2.13. Support level: - 1.95 (minor support) - 1.90 (recent low, key support) - 1.85 (long term support) Resistance level: - 2.05 (small resistance) - 2.13 (recent high) - 2.20 (major resistance) Trend: The short-term trend is bullish, with World Coin trading above recent lows. The long-term trend remains bullish, with World Coin still trading above the 50-day and 200-day moving averages. Indicators: - RSI (14): 54.12 (neutral) - MACD (12, 26): 0.020 (increasing) - Bollinger Bands: Price is near the middle band, indicating neutral conditions Conclusion: World Coin is trading in a consolidation phase, with a breakout above the recent high of 2.13 likely. A break above this level could indicate a continuation of the long-term uptrend. However, a break below the recent low of 1.90 could indicate a reversal.
we only post about $BAKE transaction if you have any questions regarding this please ask me in the comment section below
The cryptocurrency market is trending downward, with all listed coins showing negative sentiment. Top hot coins such as BNB, $BTC , ETH, SOL, $PEPE , XRP and DOGE all recorded price drops. BNB stood at $565.50, down 0.62%, while BTC was at $63,922, down 0.52%. ETH fell 1.09% to $3,134.63 and SOL dropped a significant 5.12% to $160.48. Similarly, PEPE and XRP fell 5.67% and 7.25% respectively, with PEPE at $0.00000998 and XRP at $0.5645.
The new list also reflects this negative trend. LISTA fell 9.99% to $0.4629, $BANANA fell 8.83% to $44.90 and ZRO fell 9.08% to $3.837. Other new listings such as IO, NOT, BB, REZ, OMNI and TAO also saw decreases ranging from 3.95% to 11.63%. This widespread decline for both established and newly listed coins indicates widespread negative market sentiment. Traders should approach with caution, considering potential support levels and be alert for any signs of a market recovery.
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The cryptocurrency market is experiencing a bearish wave, with sharp declines in various tokens. Newly listed stars BANANA, $ZRO , $LISTA and $ZK fell 5.33%, 9.28%, 7.46% and 3.25% respectively. Even heavyweights like $BNB, $BTC and $ETH were not spared, falling 0.23%, 0.66% and 0.88%.
This downturn is casting a wide net, affecting tokens such as $IO (-8.52%), $PEPE (-4.96%), and $REZ (-5.09%). Market sentiment is undeniably negative, driven by regulatory pressure and macroeconomic trends.
But here's the silver lining: Bear markets often set the stage for explosive price increases. Now is the time to be vigilant and look for strategic entry points.
🌟 Pro tip: Monitor the market closely for signs of stabilization. The current bearish momentum could soon give way to a strong rally. Get ready to ride the wave!
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Is the Crypto Bloodbath Coming? How to protect your money ahead of the Iran-Israel conflict
The assassination of Hamas leader Haniyeh brought tensions between Iran and Israel to a climax. Could this be the spark that ignites an all-out war and collapses the entire cryptocurrency market? Here's what you can do to protect your precious crypto before the bombs start flying:
$XRP Rechecked ✅ Almost -10% compared to my warning.
I am bullish on the medium term and I think the price could explode towards $0.800, but the bearish rejection is strong right now⚠️
If the $0.600 support fails to hold, it is likely to retest and consolidate at lower levels ($0.5600 - $0.5800!)
I do not advise you to short sell because there is a lot of local support and the main trend (daily is bullish) 📈 The latest weekly close was good. We will soon know whether the bulls react or not!
The bulls must hold above $0.5600, otherwise the price could retest the $0.5200 - $0.500 level.
Here are some tips for you to become a profitable trader👇
1. Emotions can be a trader's worst enemy. Fear and greed can cloud judgment, leading to costly mistakes.
2. Develop a trading plan with clear entry and exit points and stick to it. This can help minimize emotional decision making.
3. Use stop loss orders to automatically exit positions if they reach a predetermined loss level, protecting your capital.
4. Set daily or weekly trading limits to prevent excessive impulsive trading. This promotes discipline and helps manage risk.
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🆘️🆘️$BTC Just 2 days and we've reached full support and are now trying to bounce back from there! If we cannot sustain, another support is mentioned on the chart with FIB ratio of 1.618, i.e. D. 59300! You need to be really careful in the future now!
Protect your capital before it's too late, that's why I entered $NOT on the spot and $TON Exited at the entry point after booking profit at TP1!
You need to play smart in this market, otherwise you will lose!
It's a strange situation: Imagine, every day there is a lot of bullish news about Bitcoin that has the potential to impact the price in a sustainable way. On the other hand, the Bitcoin chart shows more and more bearish signs.
Therefore, before going into details, I want to clarify that the medium and long-term scenarios have not changed and remain bullish. However, we must also consider the current and short-term setup which has turned bearish.
Bearish Sign#1— Double Top On the daily chart, Bitcoin has a bearish double top pattern printed on it. We had a similar pattern in May and June, which got us to 53k in early July.
Bearish Sign#2— Uptrend broken After reaching 53k, Bitcoin reversed and rose to 70k. However, just yesterday, Bitcoin broke this trend on the daily chart.
Bearish Sign#3— Bearish MACD Crossover Bitcoin has printed a bearish MACD crossover on the daily chart. Again, the same thing happened in June following the double top pattern.
What's next? Technically, Bitcoin's setup doesn't look very promising. It will be important to see if the 63k support level holds. If not, a drop to 52k becomes more and more likely!
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$BTC down 2% to $64,587. Not ideal, but it still has more up days than down days (53% to be exact). We are down 11% from the all-time high of $72,689, but I think we could see a recovery soon. My gut tells me we could hit $68,000 or even $70,000 in no time. Fingers crossed! 🤞
After 10-12 hours $BTC now breaks the strong support at 60,157 for a drop towards 55,419.
$BTC Technical Analysis Report;
BTC/USDT is currently trading at $65,696.01. Resistance is at $66,849.24 and support is at $65,302.67. Buy: Enter above $66,849.24 with targets at $66,909.61 and $67,500. Short trade: Enter below $65,302.67 with targets at $64,800 and $64,300. The recent high at $66,849.24 and low at $65,302.67 indicate strong volatility.
Urgent update 🛑🛑🛑 1️⃣ NOT a coin (NO) NOT coin is currently showing neutral behavior, unfortunately breaking the support at $0.0135 and trading at $0.013. Resistance levels to watch are $0.0153 and $0.0162. Although the 100 EMA touching the wick shows increased selling pressure, the overall trend indicated by the EMA is still down. It is essential to NOT maintain support at $0.0099 to maintain the bullish momentum. The market recently saw liquidation of long positions and a 30% price drop
A bill authored by US Senator Cynthia Lummis proposes that countries could voluntarily store Bitcoin in their reserves. The draft also includes a national Bitcoin purchase program, allowing the purchase of up to 200,000 Bitcoins annually for five years, for a total of 1 million Bitcoins. #BTC #ETH #BNB #SOL #XRP
🚨What happened to cryptocurrencies in the last 12 hours?🚨 - $XRP SEC Caucus - $ENA Bybit USDe 20% APR - $JASMY GPU Market - Upgrade $INJ Altaris main network - $LISTA Binance Launchpool (slisBNB) - $SMT 34% of total Tokens burned - Brand $ZRO x Animoca 👇 • Ethereum may experience its first day of net inflows, as Grayscale $ETHE outflows have halved since yesterday.
• $EGLD - MultiversX plans to release xExchange V3. Public testing will take place from August 5-7 with an official launch immediately after testing.
ForTube (FOR) ForTube is currently trading at $0.01857, reflecting a gain of 21.61%. The main support level is $0.0108, which held during the market decline1. The main resistance is at USD 0.0185 and a break of this resistance could lead to higher profits. The recent spike in trading volume shows growing investor interest. Continued positive sentiment and strategic developments could push FOR above current resistance.
Convex Financials (CVX) Convex Finance is trading at $3.26, with a notable increase of 12.79%. The main support level for CVX is $2.90, which has been tested multiple times2. The main resistance is at $3.50 and a break above this level could signal an uptrend. The platform's integration with Curve Finance continues to attract users, enhancing its value proposition. Market optimism and increasing DeFi adoption are likely to fuel CVX growth.
BinaryX (BNX) BinaryX is currently priced at $1.51, reflecting a 9.05% increase. The main support level is $1.00, which has provided a solid foundation3. The main resistance is at $1.87 and a break of this resistance could result in a significant upward movement. The recent proposal to burn 74% of BNX tokens has generated significant interest and buying pressure3. This deflationary move is expected to positively impact the long-term value of BNX.
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Read these risk management tips to enhance your trading success👇
1. Follow the "2% Rule": Limit your risk to no more than 2% of your total trading account on any one trade.
2. Apply a volatility-based stop loss: Adjust your stop loss to match current market volatility for better risk management.
3. Use laddered entries and exits: Enter and exit your positions gradually to minimize risk and enhance your potential profits.
4. Set price alerts: Stay alert to notifications of important price levels, allowing you to react quickly to market opportunities.
5. Backtest with actual slippage and fees: Include these factors in your backtesting to accurately assess your potential profitability.