$RENDER - Chart Request: The short-term price action is bullish [H4 - H1] 📈, but there's a catch. The price has surged 50% in just 5 days and is now encountering a key resistance zone on the daily chart! ⚠️⚠️ A bearish divergence in the RSI [H4] suggests that buyer momentum is weakening! ⚠️ I don't expect the price to break above $6,800. Instead, I anticipate a pullback and bearish correction soon. ➡️ Given the strength of the short-term uptrend, a possible scenario could be a final pump towards $6,800 or a double top at $6,500, followed by a correction down to the $5,700 support zone. 📉🚨 Watch for this scenario on the chart, along with important levels! 💡 Tips: A safer entry for a short position might be to wait for the 5-day uptrend to break and retest! #BTC☀ #Crypto_Jobs🎯 #RENDER #Dyor2024 #TradingShot $RENDER
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"I'm deeply disappointed with my investment in $CVP, which plummeted from $2000 to $300. The lack of liquidity played a significant role in this downturn, making it difficult to trade. It seems the creators of $CVP may have orchestrated a pump and dump scheme, inflating the price artificially before selling off their shares. Binance's decision to delist $CVP due to poor performance and low liquidity only strengthens these concerns. This experience has taught me to be more cautious with cryptocurrency investments. Thorough research is crucial, especially to avoid assets with low liquidity and questionable activities. Moving forward, I'll be more careful to avoid another situation like $CVP, which has been my worst investment to date. #MtGoxRepayments #BinanceLaunchpoolDOGS #TelegramCEO #BinanceBlockchainWeek #LowestCPI2021"
"$RARE Please support us—we’re not even in the top 20 yet! RARE has shown impressive growth recently: - Yesterday, the price jumped from 0.17 to 0.32, a rise of 88.24%. - Previously, it surged from 0.0812 to 0.33, an incredible increase of 306.17%. Technical indicators suggest: - RARE has surpassed its former resistance level at around 0.25 and is now trading above it. - A solid support level has emerged between 0.25 and 0.28, which could drive prices further up to 0.35 to 0.38. - The Relative Strength Index (RSI) is around 70, signaling overbought conditions, though this doesn’t necessarily mean a correction is imminent. - The Moving Average Convergence Divergence (MACD) indicator is showing a bullish trend, with the MACD line positioned above the signal line." $RARE ---
#BANANA Failed to Break a Newly Established Resistance The key resistance levels at 59.39-63.04 have emerged as a strong selloff zone. As we assess the long-term prospects for #BANANA, our outlook suggests that, with the impulsive waves already formed, a corrective phase may now occur, potentially forming a head and shoulders pattern.
How Chinese Traders Bypass Crypto Bans Despite China's strict bans on cryptocurrency, many Chinese traders and miners continue to find ways to operate using innovative strategies. They engage in peer-to-peer (P2P) trading on platforms like OKX and Binance, often accessing these platforms through VPNs. While crypto transactions occupy a legal gray area, they aren't completely illegal, allowing some level of participation. Mining also continues, with China still accounting for over 20% of the global Bitcoin hashrate, even after the 2021 ban. Airdrop farming has become increasingly popular, with traders earning substantial amounts by using bots and other techniques. Rumors of China reversing its crypto ban are baseless, as the government remains focused on promoting its central bank digital currency, the digital yuan. This indicates that the ban is likely to stay in place for the foreseeable future. Follow for updates, analysis, the latest trends, and predictions. If you find this helpful, like, share, and vote for me for the #CreatorAward. Thanks!
A guy started his crypto journey with nothing and is now worth $2.5 million. Anyone can achieve this, but knowledge is key. Unfortunately, many charge over $1,000 for paid groups without offering real value. That's not my approach. I'll reveal all my secrets to help you make your first million—for FREE. Before we dive in, be sure to follow me and vote on my profile so you don't miss out.
Funding Rate in Scalping Trades: What You Need to Know Have you noticed the funding rate for #RARE today? Two key points stand out: the rate is at -1.6661%, and there's a countdown indicating 1 hour and 56 minutes left. But what does a negative funding rate like this actually mean? It highlights the difference between the SPOT price and the FUTURES price. When the funding rate is negative, it indicates that the FUTURES price is lower than the SPOT price. Conversely, in a bullish market, a positive funding rate (e.g., +2%, +3%) signifies that the FUTURES price is higher than the SPOT price. A significant negative funding rate like -1.6661% reveals a considerable gap between the SPOT and FUTURES markets. For example, as seen in the second image, #RARE's SPOT price is $0.2236, while the FUTURES price is $0.2147—a difference of about 3-5%. This discrepancy encourages buying in the FUTURES market, pushing the FUTURES price closer to the SPOT price. But what happens when this -1.6661% funding rate expires in 1 hour and 56 minutes? Here's the key point: If you hold a $10,000 SHORT position in the FUTURES market when the funding rate expires, you'll be charged 1.6661%, or $166.61. This is because the exchange, like Binance, discourages SHORT positions and incentivizes LONG positions instead. On the other hand, if you're in a $10,000 LONG position at the time of expiration, you'll actually receive $166.61. The payment comes from those in SHORT positions who must pay the 1.6661% fee to those in LONG positions. Typically, when such a large price discrepancy exists, the FUTURES market tends to surge to align with the SPOT market price. Why? Because no one wants to lose 1.6661% when the funding rate expires. This often results in a significant sell-off as traders in LONG positions close out to secure their 1.6661% profit. $RARE
Many people get stuck in holding and there comes a point that their account gets liquidated so my advice for those people is always trade with 5% risk if your stop loss hit then 5% loss. And don't make your own stop loss. Always consult an expert. If you do 10 trades, your take profit target will be 8 trades. If you don't use stop loss, you will liquidate account and later. you will miss work Always Join every trade with 5% risk Crypto working two good. The loss is for those who want to get rich overnight and the benefit is for those who make a rule's.
Do you remember last time when $BTC Binance funding was negative? That was in October 2023, just before the big pump! There are more and more signs across the market that tell the same thing: crypto market is ready for next bull cycle! #BTC☀
I started in crypto with $0, and now I’ve grown it to $2.5 million. Anyone can achieve this with the right knowledge. Many will charge you $1,000+ for access to groups that offer little value, but that’s not my approach. I’m here to share all my secrets to making your first million—for FREE. Before we get started, make sure to follow me and vote on my profile so you won’t miss out. Few people talk about this, but your crypto strategy should evolve as your portfolio grows. I’ve written over 400 educational articles, and I’m going to share everything you need to know at different stages—not just of the market but also based on your account balance. Are you interested in me posting about this journey?
$BANANA/USDT TECHNICAL ANALYSIS FUTURE SELL SHORT CURRENT PRICE 60.3 Recitance 56 Support level 56.1 Big support level 48.8👑 Sell Shorg Entry 62✅ Stop loss 63.6🚨 Take Profits 🎯58🎯57🎯56.5
Dont Short or you will hace to high $RARE funding fee. The funding supply is in negative so whenever this is the short sellers have to pay high funding fees than the long buyers. So, try long or hold RARE till 0.4. But the way this coin going it seems it's last stop is 1$ to 10$. There are high chances of crossing 100$ mark too. But do your own research and invest accordingly.
$RARE is on the moon now. Let's see how a coin take high pumps and how you guys check it. Understanding the Pump in $RARE To determine the exact reasons behind a sudden pump in a cryptocurrency like $RARE, it's essential to look at various factors: Market Sentiment: Overall Crypto Market: A bullish trend in the broader cryptocurrency market can often lead to pumps in individual coins. Project-Specific News: Any positive news, announcements, or developments related to the $RARE project can significantly impact its price. Trading Volume: Increased Trading Activity: A sudden surge in trading volume can indicate strong buying pressure, driving the price up. Whale Activity: Large investors, often referred to as whales, can manipulate the market by buying large amounts of a cryptocurrency, causing its price to rise. Social Media and Online Forums: Hype and FOMO: Social media platforms and cryptocurrency forums can play a crucial role in creating hype and fear of missing out (FOMO), leading to price increases
Imagine waking up one ordinary morning, reaching for your phone, and discovering a mind-boggling anomaly: a massive windfall of 700 $BTC mistakenly deposited into your digital wallet by some cosmic glitch or a befuddled whale. As the realization sinks in that you have 700 Bitcoin in your wallet, a whirlwind of thoughts and possibilities floods your mind. The sheer magnitude of this unexpected fortune is staggering – equivalent to a small fortune in traditional currency. The ethical dilemma looms large. Do you attempt to trace the origin of this accidental windfall and return it to its rightful owner, driven by principles of honesty and integrity? Or do you entertain the tantalizing prospect of retaining the cryptocurrency, allowing it to catalyze a seismic shift in your financial landscape? Perhaps the prospect of acquiring a tangible asset like a house beckons, symbolizing stability and security in the physical realm. Alternatively, you might be seduced by the allure of leveraging this windfall to generate even greater wealth, navigating the volatile yet potentially lucrative terrain of cryptocurrency trading and investment. Each choice carries weighty implications, reflecting not only your ethical compass and financial aspirations but also your appetite for risk and adventure. Whatever path you choose, the discovery of this unexpected bounty has thrust you into a realm of unprecedented opportunity and decision-making, poised at the intersection of morality, ambition, and the capricious whims of fate.
### Spotting Support and Resistance: Essential for Smart Trading Support and resistance are key ideas in trading that help investors make better decisions. **Support** is a price level where a falling trend stops because buyers start stepping in, preventing the price from dropping further. Traders often look for support levels to find good buying opportunities. When the price gets close to support, it may be a sign that buyers will push the price back up. **Resistance** is the opposite. It's a price level where a rising trend pauses because sellers come in, stopping the price from climbing higher. Resistance acts like a ceiling where sellers might sell to take profits. When the price nears resistance, it could signal that the upward trend is slowing down or reversing. Knowing these levels helps traders predict price movements and manage trades effectively. For example, if the price breaks through resistance, it might start a new upward trend. If it falls below support, a downtrend could begin. Traders use support and resistance to decide when to enter or exit trades and to set stop-loss orders to manage risk. Understanding these concepts can boost trading strategies and improve decision-making in various markets. $TIA
$BANANA /USDT Analysis Current Price: $45.24 Resistance: $49.09 Support: $42.74 Short Trade: Enter below $42.74 Targets: $40.00, $38.00 Stop Loss: $45.00 The market is showing some resistance around the $49.09 mark, and a potential short opportunity exists if the price dips below the $42.74 support level. Keep an eye on the $45.00 mark for stop loss, ensuring you manage your risk effectively. Market sentiment is currently cautious, with the possibility of further downside.