Coin: $BNBUSDT Timeframe: 4h Observation: Currently breaking from below of the trend, this is either a liquidity grab where we will break back above of the trend quickly, otherwise if we fail to do so. Easy shorts until $500 and $700 would be the all time high for a while.$BNB #FavoriteToken
Monitoring NTRNUSDT for a potential buying opportunity based on a Falling Wedge Pattern in the 1D timeframe, with a breakout potentially leading to an 80-90% price increase. $NTRN #FavoriteToken
Solana Solana: Here is everything you need to know about this cryptocurrency and its features SUN $141.19 -4.78% What is Solana Project Solana? In fact, the Solana project is embracing a role as a decentralized protocol dedicated to building decentralized applications (dApps). This project also features a transfer rate of up to 65,000 transactions per second (TPS). Thanks to an innovative distributed computing system.
$BTC Questions that may come to mind for beginners in the financial market:
🤔What is meant by inflation? Inflation is an economic term that refers to a general and sustained increase in the prices of goods and services in a given economy over a period of time. When inflation occurs, the currency loses its purchasing value, which means you will need more money to buy the same goods or services than before.
🧐How do we know the global inflation rate? To measure global inflation, economists and international financial institutions use indicators such as the Consumer Price Index (CPI) and the Producer Price Index (PPI) for different countries. It is also possible to rely on reports and studies of international organizations such as the International Monetary Fund and the World Bank, which publish data and analytical reports on global inflation rates and their effects.
😕What is the effect of inflation on financial markets and digital currencies? The impact of inflation on financial and cryptocurrency markets can be complex. In financial markets, inflation can cause interest rates to rise, negatively affecting stocks that are sensitive to borrowing costs. On the other hand, gold and cryptocurrencies such as Bitcoin may be viewed as stores of value in times of high inflation, creating increased demand for them as a means of protection against loss of currency value.
$XLM Peace be upon you, here are the most important news for this morning: 💸 Yesterday, for the first time in 19 days, there was an outflow of BTC-ETF spot funds worth -$64.9 million.
💸 ETH-ETF issuers still awaiting first round of SEC comments on S-1: Sources. They expect S-1 forms to go through at least two more rounds of filings before they are ready.
🤬 Billionaire Mark Cuban claims Trump may defeat Biden over cryptocurrencies. He doubts that either presidential candidate knows much about cryptocurrencies, but adds that cryptocurrencies will still play an important role in elections.
🔻 AI-related tokens decline as Apple event fails to impress traders.
😐 Elon Musk has stated that he will ban all Apple devices at his companies “if Apple integrates OpenAI at the operating system level.” 🚀
Coin: $BNB USDT# Timeframe: 4h Observation: After going for a large movement to the upside and reaching new all time highs, right now BNB is currently forming a bullish pennant, expecting to see a retest around the local 0.618 Fibonacci retracement and a pullback to the upside until $700 #TopCoinsJune2024
📌Note: ⚠️ Enter 1%, a maximum of 2% of your capital, meaning put a small amount ⚠️ Raising the stop loss to the entry price if the first target is achieved #TopCoinsJune2024 $WOO
#ENJ is now trading around 0.2530$. #ENJ has fall down a head and shoulders pattern on the daily time frame. So the Possible scenario is Head and Shoulders pattern is a bearish pattern so as per the pattern we can see a bearish momentum in it and the price can dump 30-40%. Otherwise If the price pumps and gives daily close above the neck line then the break out will be considered as fake out. Stay tuned with us for further updates✔️ $ENJ #TopCoinsJune2024
Things that may happen to beginners: - That is, he only wants the market to go up🤤.. He does not want bad days. He wants his wallet to be green throughout the year.. He wants alternative currencies to fly as long as Bitcoin goes up. He thinks that his currency is bad and switches between currencies and burns his wallet.
- Use patience and take your mind a little ☕ Before any strong rise and breaking the peaks of any currency, you must be intimidated by the whales in every way.. a large trend.. strong candles.. but the point here is when the real rise. In less than an hour you can see a 50% rise. For your currency, in one week, three doubles (i.e. three times)... As long as Bitcoin maintains the area of 65 thousand, it is only a matter of time and the liquidity enters into alternative currencies.
$TRX This currency, which is ranked 13 according to its relative market value, has reached a support area and is expected to rise🐢 in the coming weeks, God willing.
📢Buy from the current price or from the buy zone between 0.11313 and 0.11045
Buy according to your division of your capital in your deals.. Enter at twice the normal entry price, half of which you set for the near-term goals.. and the other half for the long-term goal.
🐢 Long target to invest 130% of current price: 0.26560
You just have to be patient.
Note: If the near targets are achieved, wait for the price to rise above the third target by 30%, then place an order to sell OCO at the far target and stop the loss at the price of the third target.