$ETH evening thoughts: Don't let the price increase make you lose your composure, and blindly pursue the buy order. It's really miserable to be stuck at the top of the mountain at that time, there is no market that only increases without decreasing, and there is no market that only increases without correcting. Increases and decreases are healthy trends. Looking at the chart, the volume changes at the hourly level, only the increase at noon has volume, the other increases are increases with decreasing volume. What are you doing? 📌 For the two coins, I also chose to test short selling with light volume on the left side, if the breakout is confirmed on the right side, the volume can be increased. Let's just say this, wait for the US stock market to open and see how it develops! The market is fake now. Please place stop-loss orders carefully. $ETH #Write2Win #IntroToCopytrading
Dogecoin started as a joke in 2013. It uses the Shiba Inu meme as its logo. Unlike Bitcoin, there is no limit to how many Dogecoins can exist. Every minute, 10,000 new coins are created. In 2021, its value skyrocketed. Buzz on social media and tweets from Elon Musk helped it become one of the top cryptocurrencies. Its total value surpassed 50 billion dollars. This shows that a strong community and online support can drive the success of a coin.
Today, coin $DOGE is not just a meme. Its technology allows for quick and easy transactions. Compared to other coins, it is abundant and affordable. Some people like it because it is friendly and fun. In the current market, many are closely following Dogecoin. While its unlimited supply raises many questions, its popularity keeps it at the center stage. As the cryptocurrency world changes, Dogecoin may continue to surprise people.
The unstoppable upward trend, recording an increase of 10,000 points in a day. In the short term, the reduction of interest rates in the U.S. and the minutes from Japan's October meeting indicating that there is no need to raise interest rates in December have created positive signals for the cryptocurrency market, with money flowing in, preparing to reach 100k. From the current market trend, short-term support will be around 86,000, with no obstacles above, completely depending on the pull of major investors; ETH in the short term will fluctuate in the range of 3,250-3,400, and SOL in the short term will fluctuate in the range of 210-230. At the same time, the market's ability to rise strongly is reportedly due to the fact that yesterday, the trading of Bitcoin spot ETFs in the U.S. reached 4.47 billion USD, FBTC also surpassed 1 billion USD, BITB and ARKB each at 245 million USD, along with asset management company Bernstein encouraging investors to "early" increase investment in Bitcoin and cryptocurrencies. Proposed strategy: Buy around 86,000, take profit around 90,000 Wishing everyone a successful new day $BTC #Write2Earn! #BTC100K
Cardano Awakens From Its Slumber: ADA Price Soars As Crypto Market Grows
Cardano, often described as being in a deep sleep, has recently awakened with its native cryptocurrency, ADA, experiencing an impressive 84% increase in just four days. This recovery has brought ADA back to a price last seen in April 2024, marking a significant turnaround from its previous trajectory.
The Ripple Effects of Bitcoin Growth The recent surge in Bitcoin (BTC) market activity has had a ripple effect on the broader cryptocurrency landscape, dragging many altcoins, including Cardano, up with it. Bitcoin, created by the anonymous Satoshi Nakamoto, often plays a key role in setting market trends, influencing the valuations and market dynamics of smaller cryptocurrencies.
$PEPE achieved one of the most significant gains compared to other coins over the past week.
achieved one of the most significant gains compared to other coins over the past week.
Data from CoinMarketCap shows that PEPE is one of the top-performing coins this week. It has recorded a gain of over 25% in the past seven days, making it the 14th largest gainer.
This upward trend has helped it become the second largest gainer among memecoins.
As traders turn their attention to its impressive rally, examining price levels, daily active addresses, and other indicators can provide insight into what lies ahead.
This morning, the market set a new peak, and once again, shorts were liquidated. This can be seen as a sign of the beginning of a new super cycle this year. Based on the current trend, the market will fluctuate between 78500-82000, Ethereum will fluctuate between 3050-3280, and Solana will fluctuate between 200-220.
Currently, the daily structure continues to record green candles, buying pressure is continuously increasing, and there are no signs of a peak. The short-term uptrend is clear, with continuous highs being broken. Participation will primarily be on the side of buying low, and any adjustments present opportunities to enter trades.
This week, attention should be paid to the announcement of the US CPI data, as this will greatly affect market trends. Personally, I still see the market rising this week, but a strong correction may occur. The reason is very simple: the market cannot just go up without going down, that is the law of the market.
Today's strategy: buy in the range of 79800-79500, targeting 81000-82000. Wishing everyone a new week full of energy and good luck $BTC #Write&Earn #BTC80K
U.S. stocks surged, possibly recovering short positions. All three major U.S. stock indices rose, with the Dow Jones up 0.59%, a total increase of 4.61% for the week; the S&P 500 increased by 0.38%, a total increase of 4.66% for the week; the Nasdaq rose by 0.09%, a total increase of 5.74% for the week; all reached new record highs. Tesla surged over 8%, with a total increase of more than 29% for the week, bringing its market capitalization back to $1 trillion; Google fell over 1%, Intel, Nvidia, Apple, Microsoft, Netflix, Amazon, and Meta saw slight declines. In this context, cryptocurrency prices reached new highs, with Bitcoin hitting a peak of 77175, Ethereum reaching a high of 2983 before correcting! Technically, the daily chart shows four consecutive green candles, this morning there was a candle with a long shadow, prices are still moving near the upper line, the Bollinger Bands are strongly expanding, the KDJ and MACD indicators both show signs of crossing upward, trading volume is gradually increasing, and the daily trend remains bullish! In summary, the overall price trend is still upward, with strong price increases; many technical indicators need to adjust for recovery, so in the short term, I predict there will be some fluctuations for a while or downward adjustments! Therefore, in today's trading session, I recommend waiting for a correction at the highs before entering a buy position! The resistance levels above to note are 77200 and 78000, with support levels at 75500, 74500, 73500, and 72700. Trading strategy: Short sell around 77000, stop loss at 77500, target 76500-75500, if broken, watch 75000-74500. Wishing everyone a happy and peaceful weekend
The day trading market in Asia and Europe is quite calm, everyone is focused on the US market!
The adjustment remains the main rhythm, today, the bullish sentiment is also a gradual upward trend. Today in the US session, let's keep up with the rhythm of time to take action.
Evening trading suggestions The area of 75500 for Bitcoin can be considered, expected to rise strongly to 77500-78000. Ethereum, the area of 2900 can still be considered, aiming for 3000!
The trend is a major upward wave, just follow the rhythm, let time take care of the rest, trade time for space, just saying this, wish everyone all the best!
The first 1% is about entry and stop loss points. The secret of where to enter is always a topic of discussion, speculation, and searching for ways to identify this critical point. This difference will lie in the fact that an entry belonging to 1% will have less negative status; the price will move quickly and strongly, allowing enough time to consider whether to move the stop loss to the entry point. Once you have the entry, determining the stop loss becomes easy with apps that calculate account percentages. Explaining why the entry is there cannot be done in just a few words; it comprises a series of thoughts about the market and what has happened to deduce what is about to happen. This is called forecasting where the price is headed. The tighter the reasoning, the more convincing it is, and the fewer loopholes it has based on objective grounds rather than just self-interpretation, the higher the winning percentage will be. If you listen and feel convinced and no longer have doubts about your own logic, then that is the correct entry, at least correct for you at that moment.
Doge Trading Strategy: Adjusting After Overbought, Seeking Opportunities in Key Areas!
Brothers, Doge has shown a correction after entering the overbought zone, currently the price is fluctuating around 0.205-0.18006.
The next steps are very simple: 1. Wait for a breakout above (0.205) to enter a buy order: If it breaks and holds, this indicates momentum for further increases, follow the trend and enter a buy order! 2. Near the lower boundary (0.18006) to seek a recovery: Enter a position near the bottom, set a small stop loss, and maintain the opportunity to look for a recovery. 3. Conversely, enter a sell order: If the lower boundary cannot be held, decisively enter a sell order, wait for a correction, and then look for an opportunity to enter.
Pay attention to these two boundary positions, act decisively! $DOGE
The trend of interest rate cuts is increasing and easy to grasp, while the surge of $ETH is a surprise and a gift for holders. Along with that, the strategy of buying $BTC in the morning has achieved its goal with a profit of 2000 points.
Last night, the Federal Reserve reduced interest rates by 25 basis points, in line with market expectations, and the market also reached a new peak as anticipated, only that the major currencies fluctuated inconsistently, indicating that the overall liquidity in the market is still lacking, currently, we can only wait for an increase in liquidity in the near future.
From the current liquidation map, it can be seen that there is a high leverage ratio between buyers and sellers, with buyers still dominating, while the market price continues to set new peaks, the selling force is becoming stronger, indicating that if the market wants to continue to rise, it will face more obstacles.
From a technical perspective, the overall trend of BTC is still upward, but after setting a new peak, it is currently in a correction phase. In daily operations, I still prioritize buying positions. The upper pressure positions focus on 77000 and 78000, while the support positions focus on 75500, 74500, and 73500. Today's strategy: buy around 75000, target 76300-76500. Wishing everyone a successful new day. #Write2Earn! #BTC80K
The last 24 hours have been nothing short of impressive. Here are the top 20 trending tokens on social media based on mentions, interactions, and comments.
💸 Take Profit Above $AVAX | New ATH in the Market, Trump Won the US Election, Result💸 Take Profit Above AVAX | New ATH in the Market Friends, Trump won the US election, as a result bitcoin responded by rising 8% and hitting a new all-time high of $75,300. 📑 This had a big impact on our AVAX position. I wrote about this trade in this article. I rarely give recommendations, but But back to BTC... Due to the strong growth, $370 million worth of sellers were liquidated! — We had a more expected result from the election and saw the right reaction from the market. Now, we have all the right factors to push the market higher. There is a lot of positivity in the market right now, which easily pushes the price of bitcoin up. Dominance, on the other hand, also starts to get excited, gives up its position and starts to correct.
Follow to get more free VIP signals, chart analysis and latest updates. You will not miss any opportunity! $AVAX #RWA! #BullSeason #BTC80K
Trump wins, the market also sets a new peak Currently, the total number of buy orders has reached 1.777 million USD, which is many times higher than the number of short orders with only 317 million USD. Here, we need to remind everyone that the number of short orders that are many times higher is not much, there is a possibility that there will be liquidation of the short side and then liquidation of the long side, because the market has too many buy orders.
Those who follow the US election news all know that if we have a wish, Trump will be elected the next president, and at the same time the market will also skyrocket and continuously set new peaks, this is just the beginning, the overall trend of the market will continue to skyrocket. I think that if there is an adjustment, it will be an opportunity to build or increase positions, because buying contracts at low levels has a higher winning rate than short selling. Because at present in the entire crypto field, it can be said that the time is favorable, favorable location and people, this is a big trend.
So, according to the current situation of the market and altcoins, it can also be considered a new beginning, the super bulls are about to start, as said before, there is only the main market season now, the altcoin season has not yet arrived, now looking back, the altcoin season is also coming, so those of you who are holding the main altcoins should hold on tight, those who are losing a lot should remember to increase your position when the market adjusts, then come back to Tet, I think there will be special surprises waiting for you.
Recommended strategy: around 74500, take profit 76500-77000. Wish you all a successful new day #MarketDownturn #BTC80K
It is clear that when Trump wins the election, the stock market and crypto have recovered strongly and reached previous highs.
Trump Media surged to 47.5 before the market opened, with a one-day increase of 40%. $BTC also successfully surpassed the 73,000 mark and reached a new high of 75,400.
This rally has wiped out all accumulated sell orders since 68,000 in a downturn. However, considering the possibility that the market may experience the phenomenon of "everything good becomes bad" again, blindly adding positions at this time is inappropriate. For investors holding high leverage or full positions, it is advisable to take profits in a timely manner and lock in gains. Market expectations have been fully reflected, and it is best for you to operate cautiously.
In the context of an intense election, the results from some states are still unclear, according to polls. The viewpoints of both sides are not consistent, currently polls show no clear discrepancy! The competition is still fierce and the market is rising strongly.
Returning to the technical analysis, after six consecutive days of decline, today the price has had a large bullish candle, currently priced at $BTC is trading above the average line, the three lines of the Bollinger Bands are trending upwards, the J line of the KDJ has turned upwards, and the volume of the MACD is also gradually decreasing, indicating a clear sign of halting the decline!
Looking at the four-hour timeframe, the price broke through the upper line yesterday and closed with three bullish candles, currently the price is adjusting downwards below the upper line, KDJ has created a golden cross upwards for the second time, MACD has also made a double golden cross upwards, and trading volume is increasing!
Combined with the performance of the US stock market yesterday, this market opened low but recovered strongly and ultimately closed with a surge! Therefore, today we just need to wait for a correction to buy in! The upper resistance levels to pay attention to are 72000 and 73000, while the support levels are 70000, 68700, and 67700.
Proposed strategy: Sell around the 71500-72000 range, targeting towards 69000-68500, conversely buy around the 69000-69500 range, aiming upwards towards 71500-72000. Wishing everyone a successful new day #MarketDownturn #Write2Earn!
Price Analysis $SUI , SUI Price Post Election, Waiting for $5🚀? SUI price reached its previous all-time high of $2.20 on March 28, after which it started to decline. ➡️The downtrend lasted until August 5, when the price returned to $0.46, the area from which the previous uptrend had formed. The price has dropped 79% and is oversold, as the daily relative strength index (RSI) has signaled. SUI Price Analysis,Poat election SUI price, $5 waiting for SUI🚀?
A new uptrend started with the first higher high of $1.10 on August 12 and the first lower low of $0.74 on September 6.
Since then, SUI has been on a tear, reaching a new all-time high of $2.37 on October 14. However, momentum has slowed since September 22, when an ascending channel formed. A bearish divergence was seen with the RSI, indicating the weakness of the uptrend and a possible reversal.
$SUI is currently in a free fall, currently trading at $1.70. Does it have room to fall further, or is this just a correction before the uptrend resumes?
The adjustment phase in the upward trend of $DOGE has ended, now we just wait for it to break the resistance level of 0.18! Once successfully surpassed, our next target will be 0.2!
Current developments The situation is very strong, those who have kept up before, have you already made a profit? The situation has been established, hold steady and don't panic!
Future outlook If Trump is elected, and Musk continues to rally, then DOGE is very likely to experience a strong surge! Get ready, looking forward to together enjoying the big profits!😚$DOGE #MarketDownturn #Write2Earn!
Neiro: Exploring the Potential of an Emerging Cryptocurrency
▪️Introduction
In the ever-evolving world of cryptocurrencies, a new player has emerged: Neiro. This innovative digital asset aims to provide a secure, decentralized, and efficient way to trade. This article will delve into Neiro’s features, trading strategies, and future potential. ▪️What is Neiro?
Neiro is a cryptocurrency designed to facilitate fast, secure, and private transactions. Its decentralized nature ensures that users have full control over their assets.
Market update during the U.S. presidential election period
Today, many American media outlets report that as of November 3, 75 million voters across the United States have completed voting through early voting or mail-in ballots. This number is nearly equivalent to half of the votes cast in the 2020 U.S. presidential election. Among the voters who voted early this year, the percentage of registered voters from the Democratic Party is 37.9%, while the percentage of registered voters from the Republican Party is 36.2%, with both sides nearly equal. Four years ago, a total of 155 million American voters participated in voting. The early voting schedule varies across states and regions in the U.S., and so far, at least 9 states have had more than half of eligible voters cast their votes early. According to reports, Harry and Trump are currently in a dead heat!