#DOGE: The analysis of the DOGE/USDT chart using Smart Money Concepts (SMC) and Internal Trader Strategies (ICT) suggests the following:
Trend and Structure:
Uptrend: The price shows a strong upward movement, indicating strong buying momentum in the market.
Support and Resistance Zones:
Support is currently around 0.12048 (previous local low).
Resistance is at 0.13649 (recent local high).
Technical Indicators:
RSI (Relative Strength Index): Indicates an overbought condition with a reading of 84.62, suggesting a potential correction or pullback soon.
MACD: Continues to show bullish momentum as the MACD line is above the signal line, but with RSI approaching overbought levels, momentum may weaken.
Moving Averages (MA): The shorter MA (5-day) is above the longer MA (10-day), supporting the ongoing uptrend.
Best Entry Points:
Ideal Entry Points:
If waiting for a buying opportunity, a possible correction to the 0.125 - 0.128 range could be a good entry zone before the next upward move.
Resistance Breakout: If the price breaks through the 0.13649 level with significant volume, it could be a signal to enter a long position, expecting continued upward momentum.
Stop Loss:
A stop loss can be set below the recent support at 0.12048 to minimize risk in case the price reverses.
Conclusion:
You can wait for a correction to the 0.125 range for entry or enter a trade if the price breaks the 0.13649 level, signaling a continuation of the bullish trend. Keep an eye on the RSI to avoid entering after an overbought condition.
Many people have been subjected to fraud in the field of digital currencies in more than one way: First, by entering anonymous sites to buy a digital currency similar to the one that the Binance platform will launch in the launchpool, and it will be offered at a small price. After that, it will appear in your account that you have won a large amount, and when you try to withdraw, you find yourself falling into the trap, and that this is all nothing but a scam, and many beginners fall. In such problems. Solution: Do not trust these sites and only buy through the Binance platform It is better for the platform to prevent the promotion of these sites on Binance Square. Secondly, there are also anonymous links to people who say that they earn a lot of money through these sites, but in reality, entering your confidential data on such sites is very dangerous and it is possible that your wallet will be stolen. I suggest that the Binance platform add a mark like ☠ next to the likes and dislikes, so that old traders can warn new traders through this mark, as if it is an indication that the post and site are a scam.
We have an hour and 20 minutes remaining until the interest rate decision The market almost stopped and began to catch its breath in preparation for the next movement...🔥
$REZ I intended to buy this currency when it was launched on the platform, so I stopped purchasing After following up, I learned that it was actually sold before launching on another whale platform. I didn't believe it at first When it landed on the Binance platform, it started at a very high price, which was actually .00100, the real price I have confirmed that there is a lot of manipulation to make traders laugh and exploit An illogical fall in a new currency within less than an hour after its depreciation
A number of crypto whales recently transferred a total of $1.3 billion USD worth of stablecoin (USDC) to major exchange Coinbase, with market analysts viewing these transfers as a potential giant buy signal. This massive influx of funds occurred in simultaneous transactions from five different addresses. Thus, this development sparked speculation of an imminent bullish phase for cryptocurrencies, especially Bitcoin and Ethereum.
Shiba Inu investors turn their attention to the initial offering of this new environmentally friendly currency, hoping to achieve gains that may reach 1,000%. Shiba Inu ($) investors are turning their attention to this new environmentally friendly currency in hopes of achieving gains of up to 1,000% – Source: Cryptonews As the momentum of the Shiba Inu-SHIB price rise fades, a number of its investors have turned their attention to the initial offering (ICO) of the new eco-friendly crypto project eTukTuk (TUK), hoping to achieve gains that may reach 1,000%. The Shiba Inu coin (Shiba Inu-SHIB) – the second largest meme coin in terms of market capitalization – was trading just above 0.000026$ , up nearly 3% compared to yesterday, Thursday, and 40% compared to its lowest levels recorded in April. Two weeks ago, its price witnessed a significant decline, recording 0.000018$ , amid a sudden wave of selling that swept the alternative currency markets. The value of the SHIB coin has recovered strongly since then, but it went through a phase of relative stability this week, lagging behind other mem currencies that achieved gains this week, such as the two Bonk currencies. BONK) and Pepe (Pepe-PEPE). However, the technical indicators for SHIB coin look good after its price recently rebounded during the day from the level of 0.00002440$ and stabilized above its downward path line, which means that it can rise quickly to settle above the level of 0.000030$.
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New rolling He says I lost all my money in trading and all of this is lies and deception Ok sir, can I ask you a question? Do you know technical analysis? no Digital analysis medicine? no Time analysis? no Astronomical analysis? no Wave analysis medicine? no What analysis? no Medicine trends and resistances? no Medicine indicators? no Capital management medicine? no Psychological psychology? no Do you have a strategy? no Can you imagine that the people who learned all these things learned them over a day and a night? No, of course it took effort and fatigue, days and nights and years of study. Despite all this, he loses in some deals, but he does not get upset and it is an acceptable loss, and he must also be convinced of it. Meaning he knows he will compensate her You still don't know how to drown in the platform's orders, so what right do you have to say I won or lost or lie or deceive?
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🚨There is a loss for many traders, which is caused by impatience and recklessness in digital currencies
Crypto_SFT
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🚨A loss for many traders is caused by impatience and recklessness in digital currencies
1) The first trader: MOG coin is a meme-only coin that was launched in the late summer of 2023🌟 Our friend 0x51e bought $761K a thousand dollars, literally at the top🌟 And he was not satisfied, he also sold at the bottom literally all of his quantity, worth $164K, a thousand dollars, and today MOG coin It achieved its highest peak. If he had been patient, he would have made a profit now. Loss: 597 K2/second trader: Our second friend 0xd08 lost approximately $1M million dollars in two weeks. He withdrew $1.44M million dollars from #Binance. Then he decided to buy $PEPE and $WOJAK bought $100K from WOJAK and bought $1.3M of PEPE after it was listed on Binance🌟 At first everything was good. He made $400K in profit from his trades, but after... PEPE's continuous decline after its listing on Binance lost a lot and sold all of its currencies worth $520K a thousand dollars. Loss: $920K$1000. 3/3rd Trader: After the BRC-20 trend and the very strong Bitcoin in the recent period. 🌟 Our friend 0x1e8 decided to sell $500K one thousand. Dollars of ETH and RLB that he has, and he buys their place for $MUBI and $BSSB in a FOMO isolation. He has not yet sold, and the value of his coins is only equal to $186K, one thousand dollars. Loss: $530K, one thousand dollars. Something that we benefit from. Among the mistakes of these whales: 1️⃣ Do not buy peaks 2️⃣ Do not chase green candles 3️⃣ Patience is very necessary so that what does not happen to you like our friend who bought MOG does not happen 4️⃣ Beware of FOMO