Grid trading is a great way to profit from cryptocurrency volatility. Even if you have never traded before, this strategy is easy to understand and effective for profiting from price fluctuations.
What is grid trading?
Grid trading involves placing buy and sell orders within a certain price range. Every time the asset price fluctuates, one of your buy or sell orders is filled, allowing you to profit on every move.

Shiba Inu (SHIB) continues to be one of the most talked about cryptocurrencies, and recent news has only increased interest in this project. On September 16, 2024, it became known that the SHIB token burn rate increased by 340%, which, according to experts, can have a significant impact on the token price. This move is aimed at reducing the total token supply, which can support long-term price dynamics and increase investor confidence in the project.

Based on the current chart for ARB/USDT, here is a signal for the nearest trade:
📈 Key levels for entry and exit:
Buy: Enter a buy position if the price breaks the key resistance level of $0.5116. This will confirm a short-term trend reversal.
Targets (Take Profit):

Bitcoin is in a consolidation phase in the $55,000-$73,000 range, and many traders are expecting a possible breakout in the coming months. This could be a signal for those considering investing in this asset, especially considering that the cryptocurrency market is trending higher in the fourth quarter of the year.

In the world of cryptocurrency, the use of stablecoins for global payments is increasingly on the horizon. One of the key players in this area is Circle, the creator of one of the most popular stablecoins, USDC. According to Circle, stablecoins have every chance of becoming the main method of international payments, displacing traditional fiat money and providing more opportunities for companies and users around the world.

Centralized crypto exchanges (CeFi) continue to be the main bridge between crypto assets and traditional finance, providing users with simplicity and liquidity. However, in 2024, these platforms faced serious security challenges, as hackers managed to steal assets worth over $1.4 billion. Despite these risks, CeFi exchanges still play a key role in the crypto ecosystem, but users must be careful to protect their funds.

Ethereum, the leading blockchain platform, is approaching its next milestone, the Pectra update, scheduled for early 2025. Developers are discussing the possibility of splitting this major update into several stages to ensure a smoother transition to new features. This decision is attracting the attention of both technologists and investors, as such changes could have a major impact on the cryptocurrency market.

On September 18, 2024, Axie Infinity, one of the leading blockchain gaming platforms, is holding its community meetup in Singapore. The event is taking place on the eve of the large-scale TOKEN2049 conference, which brings together leaders of the crypto industry. The Axie Infinity meetup attracts the attention of the project’s participants and fans, as the developers are preparing a number of important announcements and innovations.

On September 18, 2024, Grayscale, one of the largest digital asset managers, announced the launch of two new investment trusts - XRP and SUI. These trusts will give institutional investors the opportunity to gain exposure to cryptocurrencies without having to directly own them.
Impact on token price

In September 2024, Binance, one of the largest cryptocurrency exchanges in the world, continues to show strong growth and increased usage of BNB Chain. The growth is not only in the decentralized finance (DeFi) sector but also beyond, strengthening the platform's ecosystem.

Based on the current chart analysis for LDO/USDT, a detailed trading signal is presented using the OCO strategy for successful trading within 12-24 hours:
📈 Key levels for buying and exiting:
Trade Entry: Current price is $1.036. Buying can be considered if the price continues to move up, confirming the breakout of resistance.

Former Binance CEO Changpeng Zhao (CZ) is scheduled to be released from custody on September 29, 2024, after serving four months in jail for violating anti-money laundering regulations. His sentence came after CZ pleaded guilty and agreed to a plea deal with US authorities, which also included Binance paying a $4.3 billion fine.

On September 13, 2024, MicroStrategy, led by Michael Saylor, surprised the market again by announcing the purchase of 18,300 BTC worth approximately $1.11 billion. This brings the total amount of Bitcoin in the company's portfolio to 244,800 $BTC , valued at $14.14 billion. The purchase cemented MicroStrategy's status as the largest corporate holder of Bitcoin in the world.

Donald Trump has announced the launch of a cryptocurrency platform called World Liberty Financial (WLF), which is scheduled to officially open on September 16, 2024. The platform, created jointly with his sons Donald Trump Jr. and Eric Trump, promises to be a major step in the world of digital finance. The launch was announced via a live broadcast on Twitter Spaces, where the project team will reveal their plans.

Hamster Kombat is a popular P2E (play and earn) game that debuted on Telegram in 2024 and quickly gained popularity among players. In September 2024, the project is launching its HMSTR token via Binance Launchpool and a massive airdrop, opening up a ton of opportunities for users to cash in on this new token.

Historically, September has not been the best month for Bitcoin. On average, the month has seen a -4.69% decline in returns, which has left many investors worried. However, this could all change in 2024. Current technical indicators, such as retests of support levels and accumulation at key price levels, point to a possible price breakout in the coming weeks.

In September 2024, Taiwan will introduce a new bill aimed at strengthening regulation of digital assets and cryptocurrencies. These initiatives from the Financial Supervisory Commission (FSC) are intended to strengthen investor protection and create a safer and more transparent ecosystem for dealing with assets such as Bitcoin, Ethereum, and stablecoins.

Recent news about Mt. Gox's asset distribution and a possible US government sell-off of Bitcoin could put significant pressure on the Bitcoin market. Together, these actions could create an excess supply of around $15 billion, which could impact the cryptocurrency's price in the coming months.

Amid the overall volatility of the cryptocurrency market, SUI stands out as one of the leaders, up more than 27% in the last week. The altcoin has attracted investors’ attention thanks to a number of significant updates and increased institutional interest.
What keeps SUI growing?
1. Technical updates and improvements: Recent changes to the protocol have resulted in increased transaction speeds and improved network scalability, which is fueling interest in the asset.

Based on the current chart for STRK/USDT, here is a detailed signal for the next trade:
📈 Key levels for entry and exit:
Buy: Enter a buy position if the price breaks the key resistance level of $0.400 (EMA 99). This will confirm the upward move.
Targets (Take Profit):