Im seeing many post of people sharing their losses Idk why they trade against a market which is clearly a bullish, its really sad some hard earned money getting ripped out because of their lack of knowledge, watch the volume inflow and outflow, Traded volum you will get an Idea, #BTCāļø #ADABullish #SOLBTC #Shibalnu
š Insights: - Internet Computer (ICP) has experienced a significant surge of 23.37% in the past 24 hours, reaching a price of $17.39. - The short-term moving average (MA) indicates a bullish trend, with the current price exceeding both MA(7) and MA(50). - Despite its recent impressive performance, ICP has faced volatility, as evidenced by the fluctuating price trend. - Market dominance remains relatively low at 0.31%, suggesting room for growth and potential market expansion. - The coin has a strong presence in the market, ranking #18 among cryptocurrencies by market capitalization.
Prediction & Trade Suggestions: š„š¤ - Short-Term: Given the current bullish momentum and positive indicators, short-term trading opportunities may be lucrative. Traders could consider capitalizing on the upward trend, but should remain vigilant for potential price corrections. - Long-Term: With a promising outlook for the future, long-term investment in Internet Computer (ICP) could yield significant returns. The coin's innovative technology and growing adoption may lead to sustained growth over time.
š”š¦ Final Thoughts: Internet Computer (ICP) presents an exciting opportunity for traders and investors alike. While short-term volatility is to be expected, the coin's long-term potential is compelling. As always, conducting thorough research and staying updated with market trends is crucial for making informed investment decisions.
The surge in FLOKIās price can be attributed to the recent burning of a substantial amount of tokens. According to CoinMarketCap, FLOKIās price climbed over 8% in last 24 hours. While the global crypto market experiences a downturn with Bitcoin (BTC) dropping below $61K, FLOKIās price sees a significant surge, jumping over 16% to reach $0.0001973. Meme coins have been setting high expectations with their impressive performance throughout 2024, driven by massive price breakouts and community-centric tokenomics. FLOKI, in particular, experienced over 450% rise during last monthās meme coin frenzy. FLOKIās Bullish Surge Despite a recent small price correction, many crypto whales remain bullish on FLOKI, holding onto billions worth of the coin with a positive outlook for its future trajectory. surge in FLOKIās price can be attributed to the recent burning of a substantial amount of tokens. Over the past 24 hours alone, 5.86 billion FLOKI tokens were burned, contributing to a total of 88.71 billion tokens burned in last 30D According to CoinMarketCap, FLOKI price climbed over 8% in last 24 hours, with memecoin now trading at $0.0001833 and boasting a market cap exceeding $1.75 billion. This surge in price also correlated with positive social metrics for FLOKI. The recent sentiment data indicated a spike in FLOKIās social dominance, alongside an increase in positive sentiment among investors. Further, meme coin aims to position itself as a leader in real-world assets through tokenization narratives. Additionally, FLOKIās DeFi staking solutions have gained traction, with a total value locked (TVL) surpassing $790 million. Moreover, Binance noticed FLOKIās strong performance and listed it on its platform on May 5th, expanding its services to include the meme coin. With its impressive token burning, strong social metrics, and strategicĀ associations like its listing on Binance, FLOKI is quickly becoming a prominent participant in the ever-changing crypto industry, drawing attention and investment. #Write2Earn
in crypto everyday is can not be a profit making day, You have to be patient, if you close in panic you will be in loss, trust your analysis, #DYOR, #HoldOnTight . Do DCA and manage your risk.
Should I buy now or wait for more dip? Before I came in people used to fear dip, but now my followers sees dip as an opportunity. But some still confuse how they can optimise it. When market is falling, the best strategy is swing trade. Means if you have 100k to invest you start investing 20k USD periodically.
Like if a coin is 5% down from the previous previous day, you trade 20k USD with, it it goes further to -10% you invest 20k again. So instead of investing 100k and if you invest periodically this actually gives you more profit in quick time. Same comes to selling, if you sell gradually on higher price you can get more profit than selling all at a time. If you are a whale and move large funds at once, you will create a down trend and panic to other holders. I see this on stock market most. Big people sells and the price crashes.
Even I see, some people placing big orders, but the orders are getting partially filled, as when he places big order, the price falls (for sell order) and goes higher (for buy order), impacting the order itself. So move bit slow and this will ensure maximum profit. SPEED is important, but NOT EVERYWHERE!
Today is good time to buy all crypto. As price got back to previous week. Small coins didnāt fall much. But popular coins are falling. This because they have good volume.
ID is still up and in top gainer. So donāt buy the coins that are up now. But coins that are falling.
Please donāt open short or long positions in future as market has high volatility now. Many people got liquidated on Bitcoin for trading with leverage.
Today in future trading I achieved the mark of 1000USDT, it doesent stop hereoving on to mext target, Started from 100USDT went to 500 and lost 250USDT. Ill tell you what I did, with that hope you can gain little something from it.
learn about basic thinks like leverage, if your principal amount is low do not use leverage more then 5, you will end up in liquidity.
i would use 2-5% of my principal and used a leverage of 5 to 7 depending on tokens, if I want to hold token for longer period I use 3-5 leverage, then if market doesn't go well do DCA.
if you are doing sclaping and day trading, fix a amount for a day and stick to it, discipline matters, even you are going to get 100usdt in that trade don't do it, you might end up losing your principal amount.
And finally trust your instinct and have patience, it is more important then anything, if you are in red have patient and wait do not close in loss trust your analysis, cause end of the day if you cannot #HOLD it you can never be rich.
#BTC 15m Chart Latest Update: > As per the 15m chart, BTC has entered #bearishmomentum . So, Im opening a short position now and avoiding high-risk trades.
> BTC is expected to drop to these levels: ā 71250 ā 70500 ā 69700
Please keep in mind that in the 70k zone, a rise or drop of $700 in BTC corresponds to approximately 1% of market changes. Everyone, please understand the market risk before selecting margin BTC is currently trading at 72500
Is $BTC More Valuable Asset Than #GOLD ? šØ Let's Talk About š šUnderstanding Bitcoin and Gold š¤ ā Gold: A precious metal that has been valued for centuries. It's used in jewelry, electronics, and as an investment. Gold is tangible; you can hold it in your hand. šBitcoin: A digital currency created in 2009. It's decentralized, meaning no single institution controls it. You can't physically hold Bitcoin since it's digital. The Advantages of Bitcoin Over Gold āØ Michael Saylor, a big supporter of Bitcoin, argues that Bitcoin is better than gold because: 1. Digital: Easy to transfer anywhere in the world, fast and with lower fees. 2. Divisible: You can buy a small part of a Bitcoin, making it accessible to more people. 3. Scarce: There will only ever be 21 million Bitcoins, making it potentially more valuable as demand increases. 4. Transparent: Bitcoin's blockchain allows for transparent and secure transactions. Bitcoin Taking Market Share š Saylor believes Bitcoin will not only attract investors from gold but also from other investment areas like stocks (for example, the SPDR S&P 500 ETF). This means more people and institutions might start investing in Bitcoin, seeing it as a safer or more profitable investment. The Bitcoin ETF and Potential Liquidity Crisis š§ A Bitcoin ETF allows investors to buy Bitcoin on the stock market. It's become very popular, with lots of money flowing into it. According to the CEO of CryptoQuant, this high demand could lead to a shortage of Bitcoin available for sale, creating a "liquidity crisis." This means there might not be enough Bitcoin for everyone who wants to buy, possibly making its price go up. While Bitcoin has many advantages over gold, whether it will become more valuable depends on many factors, including investor confidence, regulations, and market conditions. However, its digital nature, limited supply, and growing acceptance do make a compelling case for its future value.
$ADA #Cardano has significant š in price momentum, rising over 40% since mid-Jan after period of subdued trading. ADA faced resistance near $0.70 after a 14% surge on Feb 10th, followed by correction. ADAās technical indicators suggest potential breakout if it can surpass resistance @$0.79 ADA has seen resurgence in price momentum over past month, gaining over 40% in value since bottoming out @$0.38 in mid-Jan. This latest move upward comes after an extended period of muted trading activity & seeming disinterest from traders. However, with ADA developer IOHK recently revealing plans for major netwrk upgrades & functionality improvements slated for 2023, ADA now appears poised to challenge significant overhead resistance After ranging tightly between $0.57 & $0.63 for two full weeks in February, ADA finally broke out with a 14% pump on February 10th. However, bulls quickly ran into selling pressure near the $0.70 level, which sparked a correction. several days of consolidation, ADA mounted another rally, this time topping out just below $0.79 & marking local high for the year so far. Can Cardano hit $1? Traders initially struggled to gain foothold above $0.75, causing ADA to retrace as much as 20% off its highs by late February. But with buyers consistently emerging near $0.63 again, ADA appears to have established a clear floor of support. Just within last week, ADA has rallied 26% to return to the upper end of its recent range. Based on technical indicators, ADA looks positioned for a breakout. The token is testing resistance @$0.79, & decisive push above would open door for further upside. next major target for bulls sits around $0.86, level that has capped multiple ADA rallies throughout 2022. If $0.75 continues acting as support, ADA bulls have a green light to push for a test of $0.86 resistance. A weekly close above that threshold would signal a bullish trend reversal and bring $1.00 into sight. failure to hold $0.75 floor could see ADA give back recent gains & return to its 2023 trading range between $0.57 & $0.63 in short order. #Write2EarnĀ
#ADA long here, I think cardano will do good in the upcoming days, it has good backes blockchain and launch of its veryown stable coin will cause more attractions of investors which will cause climb in the price of Cardano, #DYOR and invest. This is not a Financial advice, This is merely my point of view on the asset. Im bullish about it. top 10 alts will do Ć10 #btc #Eth #bnb
#Aevo ($AEVO ) debuts on Binance with a new Launchpool AEVO, soon will be launching all you have to do is simply stake your BNB or FDUSD. Aevo is an innovative platform of the DeFi sector, which develops the concept of DEX with high performance, exploiting the advantages of ZK rollup of Ethereum and an infrastructure based on a stablecoin that functions as collateral for exchanges and offers passive income at the same time. Aevo could have an airdrop in parallel to the listing of major exchanges like Binance, with the token that will be distributed among the first users of the platform.
#btc hit 72000 and maximally went to 72600 now trade with proper risk management, if you are long do DCA If something goes wrong, #DYOR still bullish on long term untill some manipulation from whales, Lots of money inflow in BTC right now. trade safe, Always keep your liquidation <30000 range.
In conclusion, Shiba Inu (SHIB), Dogecoin (DOGE), and Retik Finance (RETIK) are all primed to extend their 2024 rally, backed by expert analysis and favorable market conditions. While volatility may persist, the underlying momentum and investor sentiment indicate further gains on the horizon. As these assets continue to redefine the cryptocurrency landscape, investors remain vigilant, poised to capitalize on the opportunities presented by these dynamic assets.