You should've realized by now that this is the riskiest key level to enter.
Here's why.
First things first, this key level attracts many longs as many novices would think that since it's created an upside impulsive wave, it's safe to assume it would continue to do so.
This is where it gets tricky.
As this box have highlighted the possible ranging level of #BTC. Most alts that have reached 20%-50% or more would most likely have trouble in continuing their rallies as even if the price gets pulled slightly at 64.4K-65.7K, there is still a high probability of it bumping into rejections by selloffs causing the alts to go down as well.
Hence, the best action we will take in this kind of market scenario is to wait. Our patience, observation and reaction (POR) strategy will make us gain more advantage in the market and better viewpoint.
So, let's wait.
Stay wise, trade cautiously.
{future}(BTCUSDT)
{future}(BNBUSDT)
{future}(ETHUSDT)
$BTC $ETH $SOL #BinanceSquareCreatorAward
#BecomeCreator
#GAINERSPACK
Here are five profitable trading tips for beginners:
1. Set clear goals and risk management: Define your investment goals and risk tolerance before starting to trade. Set stop-loss orders to limit potential losses and take-profit orders to secure gains.
2. Educate yourself: Continuously learn about trading strategies, technical analysis, and market trends. Stay updated on market news and analysis to make informed decisions.
3. Start small: Begin with a small amount of capital to minimize risk and gain experience. Gradually increase your investment as you become more confident and skilled.
4. Focus on trend analysis: Identify and follow market trends to increase your chances of success. Use technical indicators like moving averages and RSI to help you make decisions.
5. Stay disciplined and patient: Trading requires discipline and patience. Avoid impulsive decisions based on emotions and stick to your trading plan. Let your trades play out and don't overtrade.
Remember, trading carries risk, and there are no guarantees of profit. However, by following these tips and continuously learning, you can improve your chances of success.
Don't forget to vote for me đ
#PowellAtJacksonHole #TelegramCEO #BinanceLaunchpoolDOGS #MtGoxRepayments #LowestCPI2021
đđ DOGS Token Set for Listing: Price Prediction & Key Insightsđ€Żđ„đ
As the DOGS token gears up for its official listing, the anticipated price is expected to land between $0.005 and $0.031.
This estimate is based on the token's recent pre-market performance, where it hovered around $0.0087 and briefly spiked to $0.008954. With strong market dynamics, robust support from the Telegram community, and listings on major exchanges like Binance, Bitget, Bybit, and OKX, this price range seems balanced.
While there's potential for DOGS to soar to $0.031 or even $0.04, this bullish outlook depends on several factors:
- Market Conditions đ
- Adoption within the Telegram EcosystemsđČ
- Successful Rollout of Planned Utility đ§
Currently, a cautious yet realistic prediction for DOGS' debut price is within the $0.005 to $0.01 range, with room for growth as the project progresses and if market conditions remain favorable. đ
$ARKM /USDT
Hereâs a concise 200-word post about identifying support and resistance levels in trading:
---
**Understanding Support and Resistance in Trading**
Support and resistance levels are fundamental concepts in technical analysis, helping traders make informed decisions.
**Support** is a price level where a stock or asset tends to find buying interest as it falls. It acts as a "floor," preventing the price from declining further. Traders often use support levels to identify potential entry points for buying, as the price is likely to bounce back from this level.
**Resistance**, on the other hand, is a price level where selling pressure emerges as the asset rises. It acts as a "ceiling," preventing the price from moving higher. Traders watch resistance levels closely to identify potential selling opportunities, as prices often struggle to break above this point.
Identifying these levels can be done using various tools like trend lines, moving averages, or previous price points where the asset reversed direction. Once support or resistance is broken, the price can experience significant movement, often leading to new trends.
By mastering these concepts, traders can better time their entries and exits, enhancing their overall trading strategy.
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This post explains the basics of support and resistance, making it accessible for both beginners and experienced traders.#MtGoxRepayments #BinanceLaunchpoolDOGS #TelegramCEO #PowellAtJacksonHole #CryptoMarketMoves
{spot}(ARKMUSDT)
#BTC BREAKING...
Important news on Bitcoin ($BTC ): after rising, it fell back to test the Pennant Pattern once more. A price increase of $70,500 may be indicated if it remains over $64,200. However, it could be a false alarm if it drops below this threshold. There is a 40% possibility that the price of Bitcoin $BTC would decrease and a 60% chance that it will increase to $70,500 if that occurs." Please contact me with any more inquiries!
The $DOGS token is a new cryptocurrency token that has been launched on Binance's Launchpool platform Âč. It is a meme coin that is deeply tied to the Telegram community and backed by the TON blockchain. The token has a total supply of 550 billion and is heavily community-driven, with around 72.73% of the supply reserved for airdrops to the community ÂČ.
The token was available to farm from August 23 to August 25, 2024, by staking Binance Coin (BNB) and FDUSD in separate pools on Binanceâs Launchpool platform. Trading for the token began on August 26, 2024, at 12:00 UTC, and it is available for trading in pairs such as DOGS/USDT, DOGS/BNB, DOGS/TRY, and DOGS/FDUSD ÂČ.
$DOGS has generated significant attention due to its deep integration with Telegram and the TON ecosystem. The project has quickly gained traction within the cryptocurrency community, with over 16 million followers on Telegram. As the TON blockchain continues to grow, $DOGS could become a key player in the meme coin market ÂČ.
#TelegramCEO #BinanceLaunchpoolDOGS #MtGoxRepayments #Dogs #BinanceBlockchainWeek $DOGE
{spot}(DOGEUSDT)
đ„ Breaking News: Exciting Updates from Binance Today
1. Binance Points Rewards:Binance has introduced a new mission offering users the chance to earn a share of 2 million reward points by completing specific tasks. These points can be exchanged for discounts on trading fees or BNB vouchers, providing active users a fun and lucrative way to boost their earnings.
2. BNB Network Upgrade:Binance has integrated the eRegon 3 client with the Parlia consensus protocol on the BNB network. This upgrade is designed to enhance performance, accelerate transaction speeds, and lower transaction costs, resulting in an improved user experience. The final version is slated for release in late September.
3. Strong Performance in Gaming and Web3:Despite a downturn in token prices, Binanceâs H1 2024 report highlights notable growth in the gaming and Web3 project sectors. Investor interest remains high, particularly in artificial intelligence and meme coins.
#CryptoMarketMoves #PowellAtJacksonHole #BinanceLaunchpoolDOGS
DOGS Token Predictions and Analysis
As DOGS prepares to list on Binance today, August 26, 2024, at 12:00 (UTC), we've analyzed its tokenomics to make some predictions:
1. Initial pricing: Expect a high of $0.001 per DOGS in the first minutes, followed by a correction.
2. Liquidity: With 5.45% liquidity, DOGS has a higher than usual liquidity pool, ensuring price stability.
3. Token distribution: Community airdrop (72.73%) and marketing (9.18%) allocations are promising, but beware of potential manipulation.
Based on our analysis, here's a possible scenario:
1. Sell airdrops in the first minutes if you can.
2. If listed on more exchanges, look for price increases and consider shorting (but beware of high funding rates).
3. Be prepared for significant corrections in the days or weeks following the launch and buy low before the next pump.
Remember, this is not investment advice. Always conduct your own research and consider the risks before making trading decisions.
Share your predictions and insights in the comments!
#DOGS #cryptocurrency #BinanceLaunchpoolDOGS #TelegramCEO #MtGoxRepayments
đ„ Turbocharge Your Trading: 5-Minute Scalping Strategy for Fast Profits đ°
The 5-minute scalping strategy is a fast-paced trading approach ideal for both experienced traders and newcomers. This strategy leverages quick trades to capitalize on small price movements, offering the potential for significant profits within short periods.
đ Best Indicator for 5-Minute Charts
In the 5-minute scalping strategy, traders aim to complete at least 10 trades in a day, focusing on small price fluctuations. The holding time for each trade is only five minutes, making quick execution and precise trading essential.
đ Rules for a Long Trade
1. Look for currency pairs trading below the 20-period EMA and with MACD in a bearish zone.
2. Enter a long position when the price moves above the 20-period EMA.
3. For aggressive trades, set the stop loss at the previous swing low. For conservative trades, place the stop loss 20 pips below the 20-period EMA.
đ„ Rules for a Short Trade
1. Watch for currency pairs trading above the 20-period EMA with a positive MACD.
2. Enter a short position when the price dips below the 20-period EMA.
3. For aggressive trades, place the stop loss at the previous swing high. For conservative trades, set it above the 20-period EMA.
⥠Key Points of the 5-Minute Scalping Strategy
- The strategy helps traders capitalize on quick market retracements, focusing on short-term price trends.
- It relies heavily on exponential moving averages (EMA) and the MACD indicator.
- To secure profits, use stop-loss orders and trailing stops as the trend unfolds.
#CryptoMarketMoves #BinanceBlockchainWeek #TelegramCEO #BlackRockETHOptions
#S&P 500 ANALYSIS
The S&P 500 has successfully broken out of a cup-and-handle pattern, followed by a successful retest of the neckline, confirming the bullish trend. The Ichimoku Cloud also signals strong bullish momentum.
Currently, the S&P 500 is moving upward and encountering resistance at a key horizontal level. If it breaks through this resistance, further upward movement is anticipated.
However, there is also the possibility of the S&P 500 forming a double top at this level, which could indicate a potential reversal.
đ Hamster Kombat: The Ultimate Clicker Craze! đčđ„
Hamster Kombat is taking the internet by storm! From viral hamster memes to millions of views, this game is everywhere. But whatâs the buzz all about?
Hereâs the scoop:
đč Game Mechanics: Tap your hamster to earn coins, upgrade your âcrypto exchangeâ for automated coin mining, and complete mini-quests for instant rewards.
đč Safety First: No need to worry about your data or wallet. Hamster Kombat is all about tapping and earning, with no hidden fees or personal data requests. And if in-game coins ever become tradeable, withdrawals will be through crypto exchanges.
đč Join the Craze: Ready to dive in? Visit my profile to cast your vote and get started on this tapping adventure!
#HamsterKombat #CryptoFun #TapToEarn #Binance #GameOn
đ MBL-i Campaign Event! đ
Follow and retweet our official MovieBloc X account, and for each follow and retweet, weâll donate 10 MBL to the MBL-i Campaign!
Letâs support the growth of short films together! đ
đ
Duration: August 26, 2024 â December 15, 2024 (KST)
How to Participate:
1ïžâŁ Follow MovieBloc official X account
2ïžâŁ Retweet MovieBloc official post on X
3ïžâŁ After the MBL-i Campaign ends, 10 MBL will be donated for each follow and retweet.
We appreciate your participation! Thank you! đ
Learn more about MBL-i Campaign:
â
 It was a fairly uneventful week in the crypto world, until Friday when BTC finally broke out of the price range and is confidently trading above $64,000 since đŒ
Weekly news digest:
đ Crypto
đžÂ After Pavel Durov arrived in Paris he was arrested by French law enforcement, the TON coin went down by 13.3% since it happened
đžÂ The USDD stablecoin, issued by the TRON DAO Reserve, has lost its Bitcoin backing
đžÂ NFT platform Magic Eden announced the launch of its token
đžÂ Sony Group announced their own Ethereum layer-2 blockchain Soneium đ
đžÂ Jupiter DEX discovered a malicious "Bull Checker" Chrome extensionÂ
đž One person lost $55 million in crypto after he signed an unverified transaction
đŠ Crypto exchanges
đžÂ Binance announced the upcoming listing of the DOGS token on August 26
đžÂ FTX chief restructuring officer and CEO said the plan promises 100% return plus interest for non-governmental creditors
đ” Finances and Economy
đž As expected, Jerome Powell indicated that a rate cut is coming in September
đžÂ JPMorgan estimates the U.S. mining industry to be worth $74 billion
đžÂ Crypto companies have contributed $119 million to election donations đž
đžÂ Tether, the issuer of the worldâs largest stablecoin, USDT, has calculated to forgo its blockchain launch
đžÂ $13 billion in loans used in the purchase of Twitter are stuck on banksâ balance sheets
âïž Law and Order
đž Brazilâs securities regulator approved a second Solana exchange-traded fund marking the second such move in August
đžÂ Feds will use NFTs to reach out to victims impacted by fraudulent activity from the founder of crypto project CluCoin
 đŁ Personalities
đžÂ RFK Jr. officially drops out of the US presidential race and endorses Donald Trump
đžÂ Binance founder CZ is not free from prison yet, but was moved to the halfway house in LA đ
đžÂ AI can make the majority of coders obsolete, AWS chief predicts
đ
DOGS is a memecoin built on The Open Network (TON) and has gained traction within the Telegram community. As of August 20, 2024, the total supply of $DOGS is 550 billion tokens. Upon its listing, 516.75 billion tokens, or 93.95% of the total supply, will be in circulation. This wide distribution upon launch suggests a strong community backing and aims to ensure liquidity in the market.Being born within the Telegram community, $DOGS taps into the platformâs large and engaged user base, which could drive its adoption and potential use cases. Memecoins like $DOGS often rely on community enthusiasm and viral potential, which the Telegram ecosystem can provide.While memecoins are often viewed as speculative assets, their success often hinges on community engagement and marketing. $DOGS appears to be leveraging these aspects to create a strong presence within the TON ecosystem. However, like other memecoins, its value will largely depend on how well it can maintain and grow its community over time.#DogecoinCommunity #DogeForever #tonfuture #tonecoin #VOTEme
â ïž BREAKING UPDATE REGARDING $FLOKI $SUI $NEAR
đ[VISIT MY PROFILE VOTE FOR ME AND CLAIM YOUR 5 USD](https://www.binance.com/en/square/profile/maidah_aw)đ
FLOKI (Floki Inu)
Analysis: The major support level for FLOKI is at $0.000140, which has been a crucial point for buyers. On the resistance side, $0.000155 is the key level to watch. If FLOKI can break above this resistance, it could see further gains. However, a drop below $0.000140 might lead to a pullback towards $0.000135.
SUI (Sui)
Analysis: The major support level for SUI is at $0.980, which has held strong during recent market corrections. The key resistance level to monitor is $1.020. Breaking above this resistance could lead to further upward movement. Conversely, if SUI falls below $0.980, it might see a decline towards $0.960.
NEAR (NEAR Protocol)
Analysis: The major support level for NEAR is at $4.80, which has been a critical point for buyers. On the resistance side, $5.10 is the key level to watch. If NEAR can break above this resistance, it could see additional gains. However, a drop below $4.80 might lead to a pullback towards $4.70.
KEY LEVELS TO WATCH:
FLOKI: $0.000140 (support), $0.000155 (resistance)
SUI: $0.980 (support), $1.020 (resistance
NEAR: $4.80 (support), $5.10 (resistance)
Support us and cast your vote that will encourage me to create more amazing content for you all đ
#TelegramCEO #Write2Earn! #BinanceTurns7 #MtGoxRepayments #BinanceLaunchpoolDOGS
**Shiba Inu to Launch DAO, Empowering Holders**
The Shiba Inu team, creators of the 13th largest cryptocurrency by market cap, are set to launch a Decentralized Autonomous Organization (DAO). Announced by marketing lead Lucie on Aug. 25, this move will allow SHIB holders to vote on future initiatives and influence the project's direction.
Key Points:
- Two councils, the "Charity Council" and the "Culture & Heritage Council," will guide the DAO.
- Tokens like BONE and LEASH will also play roles in governance.
- The DAO aims to expand SHIB's utility and community involvement.
Despite the announcement, SHIB's price remains steady at $0.00001514, up 14% in the last week but still 82.4% below its all-time high.
DOGS is a Ton memecoin born within Telegram community.
As at August 20, 2024, the total supply of $DOGS is 550,000,000,000, and the circulating supply upon listing will be 516,750,000,000 (93.95% of the total token supply).
As it will listed on Binance today, 26-08-2024 at 12:00 (UTC).
Based on its tokenomic following are our prediction:
1. Pricing at first minutes launching will be around $0.001 per DOGS as the highest and than will be correction.
2. As we can see the liquidity is around 5.45%, if we think this liquidity is provided for LP at Dex and CEX so it's much higher and many usual project. That is good for price stability.
3. As we can see in here Community airdrop 72.73% and Marketing 9.18%, if the team will do it based on this is good, but this two based also usually can be manipulated by team so they can use it for exit liquidity from the market.
As the tokenomic we can predict as follow scheme:
1. The first minutes launch is the highest first so we can think to sale our airdrop.
2. If during the days the future market also listed we should find the point the pricing up and than short it if you dare but see the funding rate, is too big like 2% or more, just forget it. Because the if funding rate 2% every 4 hour than you should paid 12% in a days, it too much and risk. Do not forget to put SL and Margin Ratio that not bigger than 5% or you will be liquidated.
3. It will have big possibility having huge correction during several days or a weeks. Than we should find its lowest point to buy it before it's pump up again.
If you have any prediction, please write it in here.
This article does not contain investment advice or recommendations. Every investment and trading move involve risk, and readers should conduct their own research when making decision.
#dogs #writetoearn #crypto2024
Urgent Urgent Urgent !!!!!!!!!!
Market Update !!!!!!!!
Ethereum's current price is $2,745, and the chart shows a trend towards the $2,620 support, which was previously a resistance that Ethereum broke through to move up. Itâs necessary for Ethereum to revisit this level according to the charts. Even if it takes 2-4 days, Ethereum can easily come down to the $2,650 to $2,620 range, where a good buying opportunity will present itself. So, just wait until then and plan your first buying around the $2,650 area for Ethereum.
#BinanceLaunchpoolDOGS #MtGoxRepayments #TelegramCEO #CryptoMarketMoves #Write2Earn!