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$ETH Ethereum’s Potential Breakout: A Reinterpretation
The Cup with Handle chart pattern, a bullish signal, has been observed on both the Daily and Weekly charts for ETH
A breakout from the Handle on the Daily chart would also signify a breakout on the Weekly chart, indicating a strong upward trend for #Ethereum. 🚀
But the question remains: what’s the theoretical target for this weekly BREAKOUT? Who has insights to share?
This translation rearranges the sentences and tweaks the content to provide a new angle on the original message.
$ETH $BNB
The Cup with Handle chart pattern, a bullish signal, has been observed on both the Daily and Weekly charts for ETH
A breakout from the Handle on the Daily chart would also signify a breakout on the Weekly chart, indicating a strong upward trend for #Ethereum. 🚀
But the question remains: what’s the theoretical target for this weekly BREAKOUT? Who has insights to share?
This translation rearranges the sentences and tweaks the content to provide a new angle on the original message.
$ETH $BNB
Long $BTC Position Strategy
💵 Entry Zone: Between 69,440 and 68,700
Stop Loss (SL): At 67,500 to limit potential losses
Take Profit (TP) Targets:
First Target:
74,000
Second Target:
81,900
Third Target:
86,000
However, always consider the risks and manage your investments wisely. Good luck! 🍀 $BTC
💵 Entry Zone: Between 69,440 and 68,700
Stop Loss (SL): At 67,500 to limit potential losses
Take Profit (TP) Targets:
First Target:
74,000
Second Target:
81,900
Third Target:
86,000
However, always consider the risks and manage your investments wisely. Good luck! 🍀 $BTC
$BTC Market Downturn: News on Exchange Rates and Unemployment in the US
The EU and Canada’s interest rate cuts have sparked speculation about the Fed’s potential policy easing. However, the latest statistics showing a low unemployment rate in the US (4%) have dampened this optimism.
Investors are in a quandary: on one hand, there’s economic stimulation from central banks; on the other, persistent inflation and a robust job market.
The low unemployment rate gives Powell a reason to hold off on interest rate cuts, but the most intriguing part will be on June 12th, when May’s inflation data is released, coinciding with the Fed’s meeting. What do you think? Will the Fed ease its policies? 🤔
$BTC $BNB
The EU and Canada’s interest rate cuts have sparked speculation about the Fed’s potential policy easing. However, the latest statistics showing a low unemployment rate in the US (4%) have dampened this optimism.
Investors are in a quandary: on one hand, there’s economic stimulation from central banks; on the other, persistent inflation and a robust job market.
The low unemployment rate gives Powell a reason to hold off on interest rate cuts, but the most intriguing part will be on June 12th, when May’s inflation data is released, coinciding with the Fed’s meeting. What do you think? Will the Fed ease its policies? 🤔
$BTC $BNB
The Bullish Reversal Triggered by the #AI Index’s Breakout
The #AI Index is teasing a pivotal level in the
10.3
range, continuing its push following a breakout from the local downtrend resistance.
A break and consolidation above this level could signal the start of a bullish reversal.
🚩 Among those indexed are
$INJ
$RNDR
$FET
, and others. #TopCoinsJune2024
The #AI Index is teasing a pivotal level in the
10.3
range, continuing its push following a breakout from the local downtrend resistance.
A break and consolidation above this level could signal the start of a bullish reversal.
🚩 Among those indexed are
$INJ
$RNDR
$FET
, and others. #TopCoinsJune2024
#Trump might get a mistrial...
BNB
$BNB looking hot with #Binance.
BTC
$BTC taking a weekend dump or his it the weekend fog.
Coingecko observed suspicious actions on Getresponse, leading to the export of over 1.9 million contacts and the distribution of phishing emails to nearly 23.7 thousand addresses from a different client's account.
$BNB #TopCoinsJune2024
BNB
$BNB looking hot with #Binance.
BTC
$BTC taking a weekend dump or his it the weekend fog.
Coingecko observed suspicious actions on Getresponse, leading to the export of over 1.9 million contacts and the distribution of phishing emails to nearly 23.7 thousand addresses from a different client's account.
$BNB #TopCoinsJune2024
$BTC ’s Rejection and Altcoin Turbulence: Just Another Day in the Crypto Office
🚀 As we wrap up another week, Bitcoin once again finds itself recoiling from the Range High/ATH zone, initiating a reevaluation of the D1 trend and triggering a cascade among the altcoins—a scenario all too familiar for those entrenched in the crypto workspace.
🚀 In the midst of this tumultuous market, some daring positions were staked on the sharp price wicks. These gambles are swiftly judged—either invalidated as the market turns or, ideally, reaching their intended targets before the lull of Sunday afternoon sets in. It’s a delicate balance, a dance with volatility that demands precision and a cool head.
As the weekend approaches, I’m holding my ground, not looking to extend beyond the current plays. The crypto market is a theater of rapid movements and sudden shifts, where fortunes can turn on a dime. For now, I watch and wait, ready to adapt to whatever the next week brings. #btc #eth #bnb #market
🚀 As we wrap up another week, Bitcoin once again finds itself recoiling from the Range High/ATH zone, initiating a reevaluation of the D1 trend and triggering a cascade among the altcoins—a scenario all too familiar for those entrenched in the crypto workspace.
🚀 In the midst of this tumultuous market, some daring positions were staked on the sharp price wicks. These gambles are swiftly judged—either invalidated as the market turns or, ideally, reaching their intended targets before the lull of Sunday afternoon sets in. It’s a delicate balance, a dance with volatility that demands precision and a cool head.
As the weekend approaches, I’m holding my ground, not looking to extend beyond the current plays. The crypto market is a theater of rapid movements and sudden shifts, where fortunes can turn on a dime. For now, I watch and wait, ready to adapt to whatever the next week brings. #btc #eth #bnb #market
UPdate $BTC
Dumb
After confirming the continuation of the uptrend, the H1 chart has swept the IDM, indicating a potential Long position if confirmed on the M5 timeframe, aligning with the current trend. Two scenarios could unfold:
- **SCENARIO 1**: If the price breaks the MJL (major low), it could mitigate to the order flow zones below, specifically around 69k1- 67k9.
- **SCENARIO 2**: Continuing to break the MJH (major high) and creating a BOS could lead to approaching the next peak at 73k! Personally, I find it more likely for the price to mitigate to the OF blocks below, so this could be a reference for trading decisions.
**Current Strategy**: For #BTC consider taking LONG positions but avoid holding swings during this phase. For Altcoins, continue to watch for systems with incoming funds to take LONG positions. Most are moving sideways and can be frustrating, so it's wise to steer clear to avoid depleting your account, folks!
Dumb
After confirming the continuation of the uptrend, the H1 chart has swept the IDM, indicating a potential Long position if confirmed on the M5 timeframe, aligning with the current trend. Two scenarios could unfold:
- **SCENARIO 1**: If the price breaks the MJL (major low), it could mitigate to the order flow zones below, specifically around 69k1- 67k9.
- **SCENARIO 2**: Continuing to break the MJH (major high) and creating a BOS could lead to approaching the next peak at 73k! Personally, I find it more likely for the price to mitigate to the OF blocks below, so this could be a reference for trading decisions.
**Current Strategy**: For #BTC consider taking LONG positions but avoid holding swings during this phase. For Altcoins, continue to watch for systems with incoming funds to take LONG positions. Most are moving sideways and can be frustrating, so it's wise to steer clear to avoid depleting your account, folks!
To truly profit from #crypto, it's essential to grasp its cycles.
Endless buying & holding won't lead to wealth.
The mantra is simple: buy low, sell high, and continue the cycle.
Employ Dollar-Cost Averaging (DCA) when prices fall, and do the reverse as they rise.
😍 Follow me, and I'll guide you to riches.
$BTC $ETH
#Binance55thProject(IO)
Endless buying & holding won't lead to wealth.
The mantra is simple: buy low, sell high, and continue the cycle.
Employ Dollar-Cost Averaging (DCA) when prices fall, and do the reverse as they rise.
😍 Follow me, and I'll guide you to riches.
$BTC $ETH
#Binance55thProject(IO)
With Solana’s Strong Surge, Should You Hold $JUP ? 🎉
Jupiter (JUP), a decentralized exchange (DEX) aggregator built on the Solana blockchain, consistently offers the best token prices by aggregating data from multiple exchanges.Its user-friendly nature, coupled with Solana’s growth fueled by memecoins, has positioned Jupiter as a key player for traders.Jupiter’s trading volume often surpasses that of Uniswap, highlighting its significance.The platform’s expansion plans into forex and stock markets could further enhance its utility and market standing.In March and April, Jupiter’s trading volume hit $47 billion and $35 billion, respectively.JUP’s perpetual swap feature, offering up to 100x leverage, serves as a significant draw for traders seeking substantial returns.Additionally, Jupiter’s staking rewards encourage governance participation, providing stakeholders with added benefits.Consider buying in the spot market around $1.1 - $1.2, with an expectation to rise to $1.5. 😎
$BNB Hits New ATH of $716. BNB Ecosystem Rides the Wave.
$PHB is set for a major upgrade later this month.
$UNI teases an upcoming significant event.
$LISTA is named in the Binance Mega Drop happening on June 20th.Bybit now allows Chinese users to open accounts on its platform.
The Bank of Canada makes its first rate cut to 4.75% (from 5%).The European Central Bank is expected to cut interest rates today.An Israeli assault on central Gaza has resulted in at least 75 casualties.Russia declares multiple front assaults on Ukraine. Ukraine reports repelling all attacks.Trump ventures into becoming a TikTok idol.North Korea conducts an “air strike” on South Korea with 15 tons of trash attached to 3,500 balloons.
My personal favorite is Trump moving into TikTok territory; looks like he might start selling merchandise soon, right folks? 😂 #bnb #Binance55thProject(IO)
A few days ago, when Bitcoin was at $70,100, I placed a long order based on the RSI indicator. Unexpectedly, it kept dropping sharply to $63k, a 5% decrease, but not enough to make me blink even with my leverage at x30. My order wasn't liquidated because I was using Cross margin. So, the question arises, when would I be liquidated? The answer is, it's very, very unlikely. Unless Bitcoin drops 150% :)). How? For example: your futures wallet might have $100-200, but you also have a reserve of USDT in your spot wallet around $800-900. Not to mention, each order you place is only about $30-40 with x30 leverage. And the real trump card isn't the above risk management. I stand undefeated thanks to a simple tactic that few or none have mentioned online, probably keeping it a trade secret :)) REMEMBER: WHEN THE BITCOIN MARKET IS VOLATILE LIKE THE OTHER DAY, AND YOU'VE PLACED A LONG ORDER AND ARE INCREASING LOSSES. FIND A SUITABLE ALTCOIN THAT FOLLOWS BITCOIN'S TREND TO PLACE A SHORT ORDER. THE PROFIT FROM THE ALTCOIN WILL OFFSET THE BITCOIN LOSSES, AND YOU MIGHT EVEN PROFIT AS ALTCOINS DROP MORE THAN BITCOIN BY A FEW PERCENTS. . WHEN BITCOIN RETURNS TO THE BREAK-EVEN POINT, THAT'S WHEN YOU CLOSE THE SHORT ALTCOIN ORDER.. IN REALITY, NEARLY 90% OF COINS FOLLOW BITCOIN'S TREND, SO DON'T WORRY TOO MUCH. . I'VE RECENTLY APPLIED THIS METHOD WHEN IN LOSS. TRUTHFULLY, CUTTING LOSSES IS NEVER WRONG, ESPECIALLY IF YOU HOLD AN ORDER FOR A LONG TIME, YOU'LL INCUR FUNDING FEES, BUT IT'S NEVER AS MUCH AS A BIG LOSS CUT. WHEN YOU HAVE A STRATEGY AND MANAGE YOUR CAPITAL, NO ONE CAN ACCUSE YOU OF GAMBLING. THOSE WHO ARE PATIENT TO READ TO THE END AND KNOW THIS METHOD, TRY APPLYING IT. WITH CONSISTENT ORDER PLACEMENT AND MINIMAL LOSSES, I STILL MAKE AT LEAST $20 A DAY, SOMETIMES $50 TO $100.
#btc #Binance55thProject(IO) #talk
OH, THE CONFESSIONS OF A LIFE FAILED DUE TO UNINTENTIONALLY ENTERING THE CRYPTO MARKET
I stumbled upon cryptocurrency in 2021 when a colleague introduced me to it, prompting me to set up an account on Binance for experimentation.
Initially, it was all in good fun, but it soon turned into a habit, and I began to invest more substantial sums. I poured my entire life savings of $22,000 into crypto, hoping for growth. Sadly, my timing was off, entering the market at its peak, and as it plummeted, so did my investment. Unable to come to terms with the loss, I borrowed another $22,000 to lower my average cost, but to no avail as the market continued its descent.
During that period, I invested in ICP, SLP, and ALICE, drawn by their intriguing projects and potential. Yet, profits eluded me, and I encountered staggering losses.
The value of the coins diminished to such an extent that I was left with almost nothing.
One day, I inadvertently reopened the Binance app, gave it a look, and decided to invest a modest amount, convinced that the prices had reached their nadir. Consequently, I took out a loan of 20K $. $BTC
Opting for what I believed were safe bets, the top coins, I instead purchased FTT, which collapsed and has yet to recover. In essence, I lost it all. To make up for the shortfall, I misappropriated 10 K $ from a client's construction material funds to lower my average cost, but the funds continued to dwindle. I found myself resorting to high-interest loans to make up for the materials.
I had hoped for a tranquil life, but now I am adrift, a soul lost. The burden of debt remains a secret from my wife, and the relentless calls from creditors demanding payment add to the gloom. Life has become unbearably grim, and my regret is profound.
I stumbled upon cryptocurrency in 2021 when a colleague introduced me to it, prompting me to set up an account on Binance for experimentation.
Initially, it was all in good fun, but it soon turned into a habit, and I began to invest more substantial sums. I poured my entire life savings of $22,000 into crypto, hoping for growth. Sadly, my timing was off, entering the market at its peak, and as it plummeted, so did my investment. Unable to come to terms with the loss, I borrowed another $22,000 to lower my average cost, but to no avail as the market continued its descent.
During that period, I invested in ICP, SLP, and ALICE, drawn by their intriguing projects and potential. Yet, profits eluded me, and I encountered staggering losses.
The value of the coins diminished to such an extent that I was left with almost nothing.
One day, I inadvertently reopened the Binance app, gave it a look, and decided to invest a modest amount, convinced that the prices had reached their nadir. Consequently, I took out a loan of 20K $. $BTC
Opting for what I believed were safe bets, the top coins, I instead purchased FTT, which collapsed and has yet to recover. In essence, I lost it all. To make up for the shortfall, I misappropriated 10 K $ from a client's construction material funds to lower my average cost, but the funds continued to dwindle. I found myself resorting to high-interest loans to make up for the materials.
I had hoped for a tranquil life, but now I am adrift, a soul lost. The burden of debt remains a secret from my wife, and the relentless calls from creditors demanding payment add to the gloom. Life has become unbearably grim, and my regret is profound.
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