I am a simple person who posts to share with you some insights of other professionals and combine them for you for easy access. I don't support futures.
Why You Are Wrong: BTC Didn't Fall Because of Iran's Attack
The narrative around BTC's recent drop is being heavily tied to the escalating tensions in the Middle East, specifically Iran's ballistic missile attacks on Israel. While itâs tempting to pin the blame on such geopolitical events, this analysis argues that BTCâs decline was already in motion well before this incident. Letâs break down the reasons why this drop was inevitable, regardless of the political situation.
1. Pattern Breakdown Looking at the technical indicators, BTC has been trading wi
How to Spot Pumps and Dumps in Crypto: What Goes Up Must Come Down
Pumps and dumps are a well-known phenomenon in the crypto world, and they can be tempting for traders looking to make quick profits. However, every sudden pump is almost always followed by a dump (retest), leaving inexperienced traders holding the bag if they aren't careful. Hereâs a guide on how to spot these patterns, why they happen, and what to look out for. What Is a Pump and Dump? A pump-and-dump scheme involves inflating the price of a cryptocurrency artificially, usually by creating hype
Stop obsessing over candlestick charts and take a moment to think about the bigger picture. If youâre one of those people constantly glued to your phone, checking every market move, youâre doing more harm than good, not just to your portfolio but to your social life as well. Believe me, watching charts 24/7 doesnât make you a better traderâit just burns you out.
When youâre so focused on those red and green candles, you end up missing the life happening around you. Have you found yourself skipping plans with friends or zoning out during conversations because the market has your full attention? Or worse, do you find yourself getting cocky after a good trade, imagining that youâve somehow "made it" and youâre on your way to becoming rich overnight?
Thatâs a dangerous mindset. Chasing gains in the market can easily turn into an addiction. Some people even quit their jobs or stop learning new skills because they think crypto is the only way forward. Sure, you might make a few good trades, but youâre risking so much more by letting your career, relationships, and personal growth take a backseat.
Here's the truth: markets are unpredictable. Instead of staring at charts all day, take some time to study and learn other skills, build relationships, and stay grounded. Youâll thank yourself in the long run.
Hey guys, just a heads up! I know things look tempting with all this hype, but the bull market isnât confirmed yet. BTCâs still in the descending channel, and trading volume has dropped by half. This reminds me of last year when everyone thought we were in for a rally, but the low volume was a big red flag â and sure enough, things tanked. Just be careful out there, especially with big moves. Keep an eye on the charts! Better safe than sorry.
Price Action: STORJ is currently trading at 0.4232 with a 2.20% decrease in the past 24 hours.
Volume: The volume has been steadily increasing, suggesting growing interest in STORJ.
Resistance Level: A key resistance level to watch is around 0.4370. A break above this level could signal a potential reversal.
Support Level: A key support level to watch is around 0.4217. If the price drops below this level, it could indicate a further downtrend.
Overall: The technical analysis for STORJ suggests a bullish outlook. However, it's important to consider broader market conditions and fundamental factors before making any investment decisions.
Price Action: RSR is currently trading at 0.007108 with a 1.44% decrease in the past 24 hours.
Volume: The volume has been steadily increasing, suggesting growing interest in RSR.
Resistance Level: A key resistance level to watch is around 0.007271. A break above this level could signal a potential reversal.
Support Level: A key support level to watch is around 0.006985. If the price drops below this level, it could indicate a further downtrend.
Overall: The technical analysis for RSR suggests a bullish outlook. However, it's important to consider broader market conditions and fundamental factors before making any investment decisions.
Price Action: GFT is currently trading at 0.01843 with a 0.05% decrease in the past 24 hours.
Volume: The volume has been steadily increasing, suggesting growing interest in GFT.
Resistance Level: A key resistance level to watch is around 0.01882. A break above this level could signal a potential reversal.
Support Level: A key support level to watch is around 0.01815. If the price drops below this level, it could indicate a further downtrend.
Overall: The technical analysis for GFT suggests a bullish outlook. However, it's important to consider broader market conditions and fundamental factors before making any investment decisions.
Price Action: FTM is currently trading at 0.6706 with a 0.25% decrease in the past 24 hours.
Volume: The volume has been steadily increasing, suggesting growing interest in FTM.
Resistance Level: A key resistance level to watch is around 0.6787. A break above this level could signal a potential reversal.
Support Level: A key support level to watch is around 0.6523. If the price drops below this level, it could indicate a further downtrend.
Overall: The technical analysis for FTM suggests a bearish outlook. However, it's important to consider broader market conditions and fundamental factors before making any investment decisions.
Price Action: G is currently trading at 0.03953 with a 0.40% decrease in the past 24 hours.
Volume: The volume has been steadily increasing, suggesting growing interest in G.
Resistance Level: A key resistance level to watch is around 0.04074. A break above this level could signal a potential reversal.
Support Level: A key support level to watch is around 0.03904. If the price drops below this level, it could indicate a further downtrend.
Overall: The technical analysis for G suggests a bullish outlook. However, it's important to consider broader market conditions and fundamental factors before making any investment decisions.
Price Action: SYS is currently trading at 0.1127 with a 3.76% decrease in the past 24 hours.
Volume: The volume has been steadily increasing, suggesting growing interest in SYS.
Resistance Level: A key resistance level to watch is around 0.1177. A break above this level could signal a potential reversal.
Support Level: A key support level to watch is around 0.1112. If the price drops below this level, it could indicate a further downtrend.
Overall: The technical analysis for SYS suggests a bullish outlook. However, it's important to consider broader market conditions and fundamental factors before making any investment decisions.
Price Action: WIF is currently trading at 2.278 with a 1.21% decrease in the past 24 hours.
Volume: The volume has been steadily increasing, suggesting growing interest in WIF.
Resistance Level: A key resistance level to watch is around 2.410. A break above this level could signal a potential reversal.
Support Level: A key support level to watch is around 2.249. If the price drops below this level, it could indicate a further downtrend.
Overall: The technical analysis for WIF suggests a bearish outlook. However, it's important to consider broader market conditions and fundamental factors before making any investment decisions.
Price Action: XEC is currently trading at 0.00003657 with a 1.19% decrease in the past 24 hours.
Volume: The volume has been steadily increasing, suggesting growing interest in XEC.
Resistance Level: A key resistance level to watch is around 0.00003746. A break above this level could signal a potential reversal.
Support Level: A key support level to watch is around 0.00003616. If the price drops below this level, it could indicate a further downtrend.
Overall: The technical analysis for XEC suggests a bearish outlook. However, it's important to consider broader market conditions and fundamental factors before making any investment decisions.
Price Action: ARB is currently trading at 0.6398 with a 1.80% decrease in the past 24 hours.
Volume: The volume has been steadily increasing, suggesting growing interest in ARB.
Resistance Level: A key resistance level to watch is around 0.6538. A break above this level could signal a potential reversal.
Support Level: A key support level to watch is around 0.6326. If the price drops below this level, it could indicate a further downtrend.
Overall: The technical analysis for ARB suggests a bearish outlook. However, it's important to consider broader market conditions and fundamental factors before making any investment decisions.
Price Action: BOME is currently trading at 0.007511 with a 3.93% decrease in the past 24 hours.
Volume: The volume has been steadily increasing, suggesting growing interest in BOME.
Resistance Level: A key resistance level to watch is around 0.008059. A break above this level could signal a potential reversal.
Support Level: A key support level to watch is around 0.007433. If the price drops below this level, it could indicate a further downtrend.
Overall: The technical analysis for BOME suggests a bearish outlook. However, it's important to consider broader market conditions and fundamental factors before making any investment decisions.
Price Action: TIA is currently trading at 5.892 with a 5.91% decrease in the past 24 hours.
Volume: The volume has been steadily increasing, suggesting growing interest in TIA.
Resistance Level: A key resistance level to watch is around 6.318. A break above this level could signal a potential reversal.
Support Level: A key support level to watch is around 5.735. If the price drops below this level, it could indicate a further downtrend.
Overall: The technical analysis for TIA suggests a bearish outlook. However, it's important to consider broader market conditions and fundamental factors before making any investment decisions.
Price Action: SEI is currently trading at 0.4495 with a 2.77% increase in the past 24 hours.
Volume: The volume has been steadily increasing, suggesting growing interest in SEI.
Moving Averages: SEI is currently above the 50-day moving average but below the 200-day moving average. This indicates a short-term uptrend but a longer-term downtrend.
Resistance Level: A key resistance level to watch is around 0.4640. A break above this level could signal a stronger uptrend.
Support Level: A key support level to watch is around 0.4298. If the price drops below this level, it could indicate a potential reversal.
Overall: While the short-term trend for SEI is bullish, the longer-term trend remains bearish. Investors should monitor both the price action and the moving averages closely. This analysis is influenced by Bitcoin's momentum, as its price movements tend to affect the broader market.
Price Action: 1INCH is currently trading at 0.2938 with a 2.42% decrease in the past 24 hours.
Volume: The volume has been steadily increasing, suggesting growing interest in 1INCH.
Resistance Level: A key resistance level to watch is around 0.3032. A break above this level could signal a potential reversal.
Support Level: A key support level to watch is around 0.2909. If the price drops below this level, it could indicate a further downtrend.
Overall: The technical analysis for 1INCH suggests a bullish outlook. However, it's important to consider broader market conditions and fundamental factors before making any investment decisions.
Price Action: LEVER is currently trading at 0.002196 with a 5.91% decrease in the past 24 hours.
Volume: The volume has been steadily increasing, suggesting growing interest in LEVER.
Resistance Level: A key resistance level to watch is around 0.002339. A break above this level could signal a potential reversal.
Support Level: A key support level to watch is around 0.002172. If the price drops below this level, it could indicate a further downtrend.
Overall: The technical analysis for LEVER suggests a bearish outlook. However, it's important to consider broader market conditions and fundamental factors before making any investment decisions.
Price Action: SUN is currently trading at 0.02121 with a 1.44% decrease in the past 24 hours.
Volume: The volume has been steadily increasing, suggesting growing interest in SUN.
Resistance Level: A key resistance level to watch is around 0.02446. A break above this level could signal a potential reversal.
Support Level: A key support level to watch is around 0.01548. If the price drops below this level, it could indicate a further downtrend.
Overall: The technical analysis for SUN suggests a bearish outlook. However, it's important to consider broader market conditions and fundamental factors before making any investment decisions.