$FET $2 INCOMING AFTER BEATING INVERTED H & S đ
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A thorough and detailed analysis meant for the shorter term ahead.
{future}(FETUSDT)
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It had a great run this week, shifting gears now and breaking through the inverted H & S on the daily charts.
Also we spotted the second most probable reason for this prediction ahead. A Bullish engulfing formed this week after the candle closing on Tuesday.
This Engulfing has acted as the catalyst for this thrust and the best is yet to come.
Moving ahead with pivot points the support has been excellent at $0.8. The consistent consolidation in that stiff range has given more stability to the price and then the $ mark has been a good hand on the higher side.
Now forming such patterns in the lower price range is always bullish as it indicates the price of being conducive, tested multiple times on crucial levels which builds the strength for a rally ahead. This is one reason why I give emphasis on such situations.
Secondly, the rejection has only been once at the resistance of $1.5 which led to a short retracement at $1.25 which is the local support in case of a fall. Although this scenario looks out of context.
As of now it has gone past its next hurdle of $1.6 and changed hands near $1.64 at the time of writing. A little wider view would be visible on the weekly chart, where no major resistance is seen before $2.
Hence, it wouldn't be surprising if it hits that level in the next couple of days.
*This is not investment advice. Please do your own research before taking any trade.
#fet.ai #ASIAlliance #ASI
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So many people dream of being there when Bitcoin was just $2 in 2011, or when Ethereum was $6 in 2016, or even Solana at $1 in 2020. Now, fast forward, we see these currencies soaring, and the regrets begin. But hereâs the truth â not everyone who was there benefited. Some were scared, needed quick money, or simply didnât believe in the future of crypto.
Itâs easy to look back now and wish youâd been part of it, but ask yourself this â could you have held on for 13 years for Bitcoin to take off? Or waited 8 years for Ethereumâs moment? If the answer is no, donât worry! The key isnât looking at the past but believing in the future thatâs still unfolding before us! đ
Hold on to your vision, and stay strong. Those who do are the ones who change their lives! đŒđž
#BTCReboundsAfterFOMC
DODOâs Unique Features
DODO offers one-click token issuance and multi-chain support, making token creation easy for all. The Pegged Pool feature simplifies liquidity.
Meme Platform Impact
DODO's one-click issuance can drive more traffic as the meme sector grows.
Supporting BTCFi & Meme Coins
Features like Pegged Pool boost meme coin innovation.
Potential Growth:
With its lower market cap and institutional backing, DODO has strong growth potential.
#TerraformLabsBankruptcy #Interesting #updates
đ **Crypto News Flash!** đ
A new digital currency, DOGEN, is making waves in the crypto world, hinting at huge returns and challenging established coins like Dogecoin and Polkadot.
- **Polkadot (DOT)**: Enhances blockchain interoperability, enabling seamless data and value exchange across networks like Ethereum and Bitcoin.
- **Dogecoin (DOGE)**: From meme to major player, driven by social media and celebrity endorsements.
- **DOGEN**: The ultimate memetoken for real alphas, promising explosive growth and exclusive perks.
đŹ What are your thoughts on DOGEN's potential? Drop a comment below!
Celestia (TIA)
Celestia has broken out of the descending pattern without the possibility of forming another lower high. Hence, the price is expected to maintain a healthy upswing, regardless of the token facing some bearish action since the early trading hours. However, some bullish narratives are making huge rounds, which has made TIA a reasonable bet.
The above chart suggests the TIA is massively shorted, which raised the possibility of a short squeeze in times of bullish news. The Celestia mainnet, the Lemongrass upgrade, went live and introduced new features like cross-chain account support. This spiked the TIA price but the analysts have warned of extreme volatility. $TIA
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As the 2024 U.S. presidential race heats up, Kamala Harris has gained a significant edge over Donald Trump, with her chances of winning rising to 52%, according to Polymarket.
In contrast, Trump's prospects have dipped to 47%, posing a potential setback to his ambitions for advancing cryptocurrency in the U.S.
Harris, despite not directly addressing digital assets, may influence the regulatory landscape, which could pose risks to Trump's crypto-related proposals.
This shift in momentum puts Trump's dream of establishing a Bitcoin reserve under scrutiny, as markets lean more favorably toward Harris.
Trumpâs crypto-friendly stance, including his support for World Liberty Financial (WLFI) and its reliance on token sales under SEC Rule 506(c) of Regulation D, faces a new hurdle.
This legal framework, designed for accredited investors to buy unregistered securities, could encounter heightened scrutiny under the current regulatory environment, especially with the SECâs aggressive approach under Gary Gensler.
Recent actions against Ripple, Coinbase, and Binance indicate that WLFI could also come under fire.
With Harris potentially maintaining the Biden administration's strict regulatory policies, Trump's crypto agenda may be further weakened.
The broader Democratic Party has remained critical of cryptocurrencies, and Harris has aligned with these views.
Her administration could sustain or even intensify the SECâs crackdown on the crypto industry, casting doubt on whether Trumpâs Bitcoin reserve plan could gain any ground.
As Democrats continue to express concern over crypto initiatives, including FIT21 and anti-SAB 121, many in the industry remain cautious.
#donaldtrump #kamalaHarris #BinanceLaunchpoolHMSTR #CATIonBinance #NeiroOnBinance
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In 2022, I made a critical mistake that cost me everything in crypto trading. I didnât save a backup of my funds, and when the market crashed, I was left with nothing. đ
For all beginners out there, this is *crucial*: always set aside backup funds to survive and re-enter the market if needed. I had to rebuild by working on Fiverr to earn enough to come back to trading.
Don't repeat my mistakeâkeep your finances safe and plan for the unexpected! Stay smart, stay prepared, and thrive in crypto! đĄ
#DODOEmpowersMemeIssuance
DODOâs Unique Features
DODO offers one-click token issuance and multi-chain support, making token creation easy for all. The Pegged Pool feature simplifies liquidity.
Meme Platform Impact
DODO's one-click issuance can drive more traffic as the meme sector grows.
Supporting BTCFi & Meme Coins
Features like Pegged Pool boost meme coin innovation.
Potential Growth
With its lower market cap and institutional backing, DODO has strong growth potential.
#BTCReboundsAfterFOMC #BinanceLaunchpoolHMSTR #Importantadvice
$TURBO /USDT Update âĄïž
$TURBO is experiencing strong upward $TURBO momentum, with a 6.56% rise in price, currently sitting at $0.006272. The 24-hour high reached $0.006374, signaling a possible breakout, while the 24-hour low was $0.005705. Volume is high, indicating strong interest from traders.
đ Indicator Arrows:
The green arrow points to further upside potential, suggesting TURBO could reach or surpass $0.006374. The red arrow shows a potential retracement scenario, where a drop back towards $0.005792 is possible if momentum weakens. Traders should be cautious as both scenarios are still in play.
đŒ Trade Signal:
Long Trade: Enter above $0.006374 with targets at $0.006404 and $0.006500.
Short Trade: Enter below $0.006190, with targets at $0.005900 and $0.005705.
Volume and momentum will be crucial in determining the next move.
#Turbo #CryptoSignals #Trading #Crypto
How can various features on DODO, such as one-click token issuance, self- initiated mining, and Pegged Pool, support the development of BTCFi assets and Meme coins?
DODO, a decentralized exchange protocol, offers a suite of innovative features that can significantly contribute to the development and growth of BTCFi assets and meme coins. Let's explore how these features can facilitate the creation and trading of these types of cryptocurrencies.
1. One-Click Token Issuance
Rapid Token Creation: This feature allows developers to quickly and easily create new tokens, including BTCFi assets and meme coins. This accelerates the process of bringing new ideas to market.
Lower Barriers to Entry: By simplifying the token creation process, DODO reduces the technical hurdles for individuals and teams, making it easier for them to participate in the crypto ecosystem.
2. Self-Initiated Mining
Community-Driven Growth: Self-initiated mining empowers the community to contribute to the growth and development of the network. This can be particularly beneficial for meme coins, where community engagement is often a key factor in success.
Increased Liquidity: As more users participate in mining, it can lead to increased liquidity for the tokens involved, making them more attractive to traders. Â
3. Pegged Pool
Stable Value: Pegged pools allow for the creation of tokens that are pegged to a specific asset, like BTC. This can be useful for BTCFi assets that aim to provide exposure to Bitcoin's price without the volatility of directly holding the cryptocurrency.
Risk Management: Pegged pools can help mitigate the risks associated with holding volatile assets. They offer a more stable option for investors.
How These Features Support BTCFi Assets and Meme Coins
BTCFi Assets:
Pegged pools provide a mechanism for creating stablecoin-like assets pegged to BTC, which can be used as collateral for loans or as a means of payment.
Self-initiated mining can help to build a strong community around BTCFi assets, fostering trust and adoption.
#DODOEmpowersMemeIssuance