$USUAL This community is the worst I've ever seen, They buy and devalue it, I can't understand, really, what we've come to, it's so simple to try to understand what's happening, so simple to know that today is Saturday/Sunday, low activity, beginning of the year, people returning from vacation, going on vacation, (sorry for the word) the asshole can't understand these simple factors, and others that I sincerely don't understand, but I keep quiet, I try to find out, but no, the daisies think that this is 24 hours a day, 7 days a week, 1 year high, wow, They behave completely like idiots,
People are crying over spilled milk with $BIO , that's what happens when you buy a newly launched currency. Even I, a person with little experience, wouldn't risk being liquidated like that.
Observed Context: 1. Technical Indicators: • RSI (Relative Strength Index): It is above 70, indicating overbought. This may signal a possible price correction in the short term. • MACD: It displays a positive crossover, suggesting the beginning of an upward movement. • Parabolic SAR: The dots are below the price, confirming an upward trend. • Moving Averages (MA): • The price is trying to break through the 200-period MA. If the breakout is confirmed, it may indicate a continuation of the upward movement. • The 8- and 50-period MA have crossed upward, reinforcing the bullish bias in the short term. 2. Volume: There was a slight increase, suggesting that buyers are making a move. 3. Price Levels: • Important Support: 0.0029245. • Nearest Resistances: 0.0034985 and 0.0036649.
Possible Scenarios: 1. Bullish Scenario: • If the price breaks through the 0.0036649 level (MA200) with force, it may seek higher resistances, such as 0.0041449. • Confirmation of a breakout requires a significant increase in trading volume. 2. Neutral Scenario: • If the price fails to break through the 0.0036649 resistance, it may range between 0.0036649 and the support at 0.0032128 (MA 50). 3. Pessimistic Scenario: • If the support at 0.0032128 is lost, it could return to the 0.0029245 level. • Losing this level could intensify selling pressure, bringing the price to even lower regions.
Strategy: • For Long: Monitor for a breakout with confirmation above 0.0036649. Suggested stop below 0.0032128. • For Short: If the price shows weakness and loses 0.0032128, look for targets at 0.0029245.
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Binance Arrives in Brazil with Everything and Makes History in the Crypto World!
Hold on, Brazil! Binance, one of the largest cryptocurrency exchanges on the planet, has just scored a big goal in our territory. With the seal of approval from the Central Bank of Brazil, the crypto giant has obtained its local brokerage license. And the most impressive thing? It is the first exchange in Brazil to obtain this license. Let's dive into this hot news and understand what it means for the world of cryptocurrencies.
So what happened? Binance acquired the Sim;paul exchange, which already had all the credentials from the Central Bank and the Securities and Exchange Commission (CVM). Basically, the exchange not only walked in through the front door, but also took a photo and sat on the couch.
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