The first day of my previous analysis went wrong :/
However, I am applying to a DCA (dollar cost averaging) to minimise my losses in $USUAL while the price is falling down. So, it would also maximise my profits if the price break-outs to the resistance.
Let's see what January 10, and 14 takes to us 👀
Do your own research before making any moves and enjoy a good "strategic" trading (no matter if the price is bullish or bearish - I'm still confident)
What are you doing about this coin? Are you holding (and buying with DCA) or just selling with losses?
Ali Mutajassis
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Bullish
It's January 1st, 2025, and as per my analysis of $USUAL , the price can hit $2 from January 7 to January 14 (estimated on January 10 at 8:00 PM UTC). Alternatively (if my analysis goes wrong then) we could see the price at $0.81 to $0.55.
Let's see what happens 👀
Please note: My analysis could go wrong (as many other factors impact the price and trend) so always do your own research (DYOR) before making any financial and investment decisions.
It's January 1st, 2025, and as per my analysis of $USUAL , the price can hit $2 from January 7 to January 14 (estimated on January 10 at 8:00 PM UTC). Alternatively (if my analysis goes wrong then) we could see the price at $0.81 to $0.55.
Let's see what happens 👀
Please note: My analysis could go wrong (as many other factors impact the price and trend) so always do your own research (DYOR) before making any financial and investment decisions.
$BNB is demonstrating strong bullish momentum across multiple timeframes, trading consistently above key moving averages. Indicators like SuperTrend further confirm the ongoing uptrend, while reduced circulating supply from staking activities adds additional bullish pressure. Although minor consolidations may occur in the short term, technical analysis suggests a long-term target of $900–$1,000 in the coming months. 📈
With a deflationary model and a growing ecosystem, BNB seems poised for significant growth. What’s your take on BNB’s future? Are we heading toward new highs, or will the bears take over? Let me know what you think about BNB's price movement in the future.
While more than 1M people staked their 18M+ BNB in Binance Lanchpool for BIO's Airdrop, I asked ChatGPT (paid version) to conduct a detailed analysis on BNB/USDT by providing it the fundamental data, related news, sources, and technical price charts with enabled indicators for more refined and accurate results. Here is what ChatGPT analyzed and predicted for BNB in the coming days, weeks, and months:
Let's analyze the charts provided in the screenshots to combine insights from the monthly, week
It shows bullish momentum in the long run with weakly and daily price charts.
Here are some key details (as of the time of writing): Chart: Weakly Trend: Uptrend (Bullish) Price: 1.269 Support: 1.18 Resistance: 1.45 RSI: NOT Enough Data To Measure Volatility: Not Measurable
So, I estimate its price will continue going up in the coming days if no external factors influence this coin. Currently, it is making corrections with RSI showing neutral sentiments.
Here are some key details: If the price breaks 1.35 with high volume, it will continue its uptrend. Otherwise, keep an eye on it. We could see a short-term bearish trend if it falls below 1.18 with high volume. So, always manage your risks.
Please note that my analysis could go wrong as many factors (including fundamentals and news) could influence its price, momentum, and trend. So, research well and manage your risks accordingly. Always Do Your Own Research (DYOR) before making any financial and investment decisions!
Let me know your thoughts about USUAL, what trend do you see in the coming days?
You must research well before investing in any coin.... As a trader and an investor, you're not supposed to blame others for your failures! Accept your mistakes!!
Abra Kadabra
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I am asking the $AUCTION @Bounce Brand team. What is the reason for the 30% drop in just 24 hours? Does this situation resemble trading or fraud? Did the auction go delisted? Did the Coin team die in a plane crash? What happened? While the crypto market is moving normally, who is speculating and committing this fraud with a 30% loss? I am calling out to whoever has the authority..This situation needs to be investigated urgently!!!!
Yup, it does work but did you study Islamic Sharia principles? If so, then you can see that it gives us a few amounts of locked Eigen for 150 days with 10% of Annual Yield interest (riba) which is Haram... Although Binance learn and earn is a motivating section to attract beginners to learn but we (Muslims) need to be more careful where such rewards come with interests, etc.
Overall, your post was useful but please be cautious while suggesting people about methods of earning money and getting rewards, and think if you're (unintentionally) taking someone to Haram way of generating rewards as it will lead to Jahanum. #Binance #LearnAndEarn #Rewards
Kainatasif
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EARN FREE CRYPTO UP TO $5 TO $50
I’ve seen many posts in square where people are struggling, dealing with losses, and don’t have the capital to start investing. So, I want to share some ways you can earn free crypto without needing any initial investment.
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2. Participate in Airdrops You can earn up to $35, $50, or even $100 through airdrops, but it requires time and effort. You need to stay active and participate in campaigns, as they often come with specific tasks.
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Final Thoughts
The key is to start and stay focused. I’ve noticed some people hesitate to even take the first step or expect to earn without doing anything. Remember, nothing comes for free—you need to put in some effort. So, stop procrastinating and get started, buddies! 😉 #ChristmasMarketAnalysis #FranklinCryptoETF
Update: Since $USUAL was relisted, the first short-term decline has been started.
Current (weak) support is at around 1.24 and resistance is on around 1.47. RSI on the 1H chart is around 63.74
If price breaks down the current support level, be ready for its short and if it breaks resistance level which is 1.47, it might continue going up until the next resistance is formed.
My analysis might go wrong. Always do your own research (DYOR) before making any investments.
Ali Mutajassis
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I bought $USUAL when it was in pre-market at the price of 0.804 and sold it when the price was 1.2463 and earned 59.17% profits in Spot.
The price is still at its highest level with 79.02 RSI (at the time of writing). RSI over 70 indicates that the coin is overbought and the investor will start selling it soon to take their profit and RSI over 80 means the coin is extremely overbought.
So, there is a higher chance for the price to break down. If you have made any profits in this coin, it's time to take it or you might have to wait for a long period.
Note: The content is for informational purposes only. Always do your own research (DYOR) before making any financial or investment decisions. #BinanceAlphaAlert
However, What do you think about $USUAL ? Do this coin shall remain bullish or will it start bearish trend?
Here is an other scenario, suppose you think it will hit $2 dollars and you hold, and the price breakdown to $0.53 without hitting even $1.7 How will you feel? 😂
You should research well before making any move, and when you make a decision whether you have to hold or sell, you must stick to it. This is called controlling emotions - learn to do that. $USUAL #FullMarketBullRun #BinanceAlphaAlert
I bought $USUAL when it was in pre-market at the price of 0.804 and sold it when the price was 1.2463 and earned 59.17% profits in Spot.
The price is still at its highest level with 79.02 RSI (at the time of writing). RSI over 70 indicates that the coin is overbought and the investor will start selling it soon to take their profit and RSI over 80 means the coin is extremely overbought.
So, there is a higher chance for the price to break down. If you have made any profits in this coin, it's time to take it or you might have to wait for a long period.
Note: The content is for informational purposes only. Always do your own research (DYOR) before making any financial or investment decisions. #BinanceAlphaAlert However, What do you think about $USUAL ? Do this coin shall remain bullish or will it start bearish trend?
There is no formula to do that. This is not a money making machine - this is trading.
First, you need to learn what trading exactly is.
1. You may enroll in a free course from YouTube (or maybe paid courses from other sources), or you can hire a mentor to teach you.
2. Learn what is the technical analysis and fundamental analysis, and how to do it so.
3. Learn the difference between Spot Trading and Futures trading.
4. Explore other methods to earn money and rewards on Binance.
5. For Muslims, differentiate between Halal (interest-free) and Haram (interest-based) methods for earning.
6. Avoid gambling. (Gambling is, making trades without knowing how price is moving up and down, and what you're doing)
7. Learn to control emotions when you're trading.
8. For beginners, avoid futures trading until you learn how trading works, and do only spot trading to avoid any financial losses.
9. Research well before making any decisions and don't just do things because others are doing.
Those are some tips for you to follow before you finally enter in trading. Learn the risks and always do your own research (DYOR) before making any financial or investment decisions.
No one is really an expert in trading - Whoever says it, they're trying to make you fool. So trust no one and do your own research before making any financial or investment decisions! #BinanceAlphaAlert