Look at this chart with a 3-minute frame; notice the number of times the price rises and falls in these few minutes. While some wait for a big rise in cryptocurrencies, there are others who have gains every day. The idea is to have a large capital and make multiple trades a day with very small targets, which can lead to a very good cumulative profit.
Step one: We go to the Coin market cap website. By the way, this is the official website that Binance relies on to publish official information about the coins. When you open the site, search for any currency you want to check as shown in the picture. For example, we will choose the $LINK currency.
2. Second step: Click on the Chain Explorers option. Then we choose the Etherscan box, which will show us all the details of the currency, from buying and selling, and most importantly, the whales who hold on to the currency. Is it one whale that we should worry about, or is it distributed over a large number and in small proportions on the whales’ wallets?
Guide to Japanese Candlestick Types and Patterns, How to Read Them for Beginners
Japanese candlesticks are a type of chart that analysts use to help determine the direction of stocks, securities, or currencies in the markets. Today, they have become one of the most popular ways to analyze price action and its various patterns over different time frames. But Japanese candlesticks are not just a way to describe price action. Rather, the science of Japanese candlesticks has evolved to provide different ways to trade and create strategies that you can use alone or in combination with other analytical tools.
America First, Cryptocurrencies Later: Trump Causes Bloodbath and Biggest Liquidation in Market History
Cryptocurrency markets have been plunged into a red bath, after witnessing a sharp decline in the value of most cryptocurrencies by more than 20% in just 24 hours. This was due to new tariffs imposed by US President Donald Trump on Canada and Mexico, which raised fears of a global trade war. This move negatively affected investor sentiment and created a large wave of flight from high-risk financial assets such as stocks and digital currencies, some of which fell in value to return to pre-US election levels.
According to Odaily, 21Shares has filed an S-1 registration with the US Securities and Exchange Commission (SEC) to launch the Polkadot Trust Fund.
🗣️ James Seyfart, an ETF analyst at Bloomberg, commented on this development, saying that the market will ultimately determine the demand for this fund. He explained that the success of such products depends on market valuation and actual investments in them, noting that if the fund does not attract investments, it will be closed.
🔎 Seyfart also confirmed that individuals and companies are free to launch any SEC-approved ETF, which opens the way for more innovation in the world of digital investment.
Can the Polkadot Trust Fund Become a Successful Investment Option? 📊💡
The trend is still bearish in the medium term, but there are signs of a rebound from the bottom at 0.948.
2. Moving Averages (MA):
MA7 (1.042): The price is above it, indicating a short-term recovery.
MA25 (1.041): The price is fluctuating around it, which may indicate the beginning of a stabilization or a reversal.
MA99 (1.211): It is still far away, indicating strong resistance above.
3. Relative Strength Index (RSI = 57.96):
It indicates positive momentum, but it is still in a neutral range (30-70), which means that the trend is not yet confirmed.
4. MACD:
DIF (-0.023) and DEA (-0.034): There is a bullish crossover in MACD, indicating increasing buying momentum.
5. OBV:
Still negative (-215M), meaning that the liquidity volume has not fully turned to support the upside yet.
---
Suggested Strategy:
1. Entry:
Buy above 1.05 level steadily, confirming the buying momentum.
Entry can be made at a retest of 1.00 - 1.01 level if it shows strong support.
2. Targets:
1st Target: 1.10
2nd Target: 1.20
3. Stop Loss:
Below 0.98 level to reduce risk.
4. Follow-up Signals:
If the price breaks 1.077 steadily, there may be a stronger uptrend.
Follow MACD and OBV to confirm the momentum continues.
---
Summary:
The current trend is volatile with a possible bullish reversal, but it needs additional breakouts to confirm the rise. It is advisable to be cautious and wait for trend confirmation before making trading decisions
Short-term bullish trend after rebound from 0.5849 with breakout of MA(25) at 0.6247.
Technical Indicators:
1. Moving Averages (MA):
Price is above MA(7) = 0.6328 and MA(25) = 0.6247, confirming the bullish momentum.
MA(99) = 0.7045 is a major resistance that the price may face.
2. RSI (Relative Strength Index):
64.97 = Near overbought, indicating a possible correction is imminent.
3. MACD:
Weak positive crossover, indicating continued but cautious bullish momentum.
4. Volumes (Vol & OBV):
Volume is high, supporting the continuation of the uptrend.
Important levels:
Strong support: 0.6111
First resistance: 0.6451
Second resistance: 0.6791
Recommendation:
Buy: When stable above 0.6451 with confirmation of the breakout.
Take profit: at 0.6791 then 0.7045.
Stop loss: below 0.6111.
Summary: The trend is up but near the overbought level, it is preferable to wait for confirmation of the breakout above 0.6451 before entering, while monitoring 0.6111 as an important support level.
Sideways to bullish after rebounding from 0.8568 and trying to stabilize above 0.9606.
Technical Indicators:
1. Moving Averages (MA):
The price is trading above MA(7) = 0.9605 and MA(25) = 0.9431, indicating moderate bullish momentum.
MA(99) = 1.0055 is a strong resistance that must be broken to confirm the upside.
2. RSI (Relative Strength Index):
55.51 = Neutral, meaning no overbought or oversold conditions.
3. MACD:
Weak positive crossover, indicating weak but continuing bullish momentum.
4. Volumes (Vol & OBV):
Volume is stable, meaning weak trend strength currently.
Important levels:
Strong support: 0.9154
First resistance: 0.9815
Second resistance: 1.0070
Recommendation:
Buy: If 0.9815 is broken with strong momentum.
Take profit: at 1.0055 then 1.0146.
Stop loss: below 0.9154.
Summary: The price is moving sideways with weak upward momentum, it is preferable to wait for a break of 0.9815 to confirm the rise, or a break of 0.9154 as a signal of weakness.
Short-term bullish trend after the price rebounded from the 5.485 level.
Technical Indicators:
1. Moving Averages (MA):
The price is trading above MA(7) = 6.148 and MA(25) = 5.912, indicating strong bullish momentum.
But it is still below MA(99) = 6.471, which means that a breakout of this area will confirm the upside.
2. RSI (Relative Strength Index):
69.66 = Close to the overbought area (possible correction soon).
3. MACD:
Positive crossover, indicating the continuation of the upside.
4. Volumes (Vol & OBV):
Rising volume with the upside = strong support for the upside movement.
Important levels:
Strong support: 5.94
First resistance: 6.45
Second resistance: 6.71
Recommendation:
Buy: If the price stabilizes above 6.24 with strong momentum.
Take profit: at 6.45 then 6.71.
Stop loss: below 5.94.
Summary: The currency is in an upward momentum, but its proximity to a major resistance level (6.45) may lead to a correction. It is preferable to wait for confirmation of the break of 6.45 to continue the upward trend.
A whale deposited 1,000 #BTC🔥🔥🔥🔥🔥 ($105M) into#Binance1 hour ago. This whale withdrew 1,000 #BTC ($55M) from#Binance5 months ago when the price was $55,127, making a profit of $50M.
What are AI agents? AI agents are AI-powered programs that operate autonomously to perform tasks and make decisions without the need for constant human intervention. Unlike traditional AI models that focus on specific goals such as data analysis, these agents are adaptable to decentralized systems such as blockchain, where efficiency and automation are key. These agents are able to interact with smart contracts and manage operations in virtual environments intelligently and efficiently.
Explaining how to know the currency and the number of pieces available for trading, and whether its price can reach a specific price, and calculating the market value of the currency Also the number of coins that were burned Follow the official currency news I will explain all of this in this article for beginners. First, to know the number of currencies currently available in the market We will enter the currency, for example.