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Hi Guys,
I kept reading posts about #BullRunAhead without any proper analysis and just on the basis of instinct or BTC Halving.
I just want to inform my fellow traders that
practically I dont see any BULLRUN AHEAD immediately, may be after sometime or later this year, I don't know and I cannot predict exactly.
Only BTC Halving cannot trigger a BULLRUN,there are many other economical andgeopolitical factors involved.
Every other day I see posts where people lost lots of their money being super optimistic.
Some people trap new investors by posting such things because their business starts when someone loses their money and they offer recovery and charge them $$$ for services.
No business can make you rich overnight.
I always suggest everyone to do lots of research before investing your money, because at the end of the day you are only responsible for your loss.
Pleass be careful about your money.
This is my opinion. Not a financial advise.
Safe Trading
Happy Trading
#BullRunAhead #BULLRUN24 #bullrun2024📈📈
I kept reading posts about #BullRunAhead without any proper analysis and just on the basis of instinct or BTC Halving.
I just want to inform my fellow traders that
practically I dont see any BULLRUN AHEAD immediately, may be after sometime or later this year, I don't know and I cannot predict exactly.
Only BTC Halving cannot trigger a BULLRUN,there are many other economical andgeopolitical factors involved.
Every other day I see posts where people lost lots of their money being super optimistic.
Some people trap new investors by posting such things because their business starts when someone loses their money and they offer recovery and charge them $$$ for services.
No business can make you rich overnight.
I always suggest everyone to do lots of research before investing your money, because at the end of the day you are only responsible for your loss.
Pleass be careful about your money.
This is my opinion. Not a financial advise.
Safe Trading
Happy Trading
#BullRunAhead #BULLRUN24 #bullrun2024📈📈
#BNX
It is literally flying. may be many people have recovered their losses or at least parts of their losses.
Hope it crosses next resistance and reach 1.2.
It is literally flying. may be many people have recovered their losses or at least parts of their losses.
Hope it crosses next resistance and reach 1.2.
$BNX
I am going long on #BNX
Entry: 0.7500-0.7600
TP1: 0.7700
TP2: 0.7800
TP3: 0.7900
TP4: 0.8000
please dyor
not a financial advice
I am going long on #BNX
Entry: 0.7500-0.7600
TP1: 0.7700
TP2: 0.7800
TP3: 0.7900
TP4: 0.8000
please dyor
not a financial advice
#Marketsentimentstoday
Overall sentiment in market is mixed, with a balance of positive and negative views. The market is experiencing typical volatility, influenced by both optimistic prospects and underlying risks. Key points include:
Market Sentiment:
Positive Factors: Anticipation of regulatory approvals for Bitcoin ETFs and advancements in blockchain technology are boosting investor confidence.
Negative Factors: Ongoing regulatory uncertainties and market volatility are significant
Overall sentiment in market is mixed, with a balance of positive and negative views. The market is experiencing typical volatility, influenced by both optimistic prospects and underlying risks. Key points include:
Market Sentiment:
Positive Factors: Anticipation of regulatory approvals for Bitcoin ETFs and advancements in blockchain technology are boosting investor confidence.
Negative Factors: Ongoing regulatory uncertainties and market volatility are significant
#MarketSentimentToday
Market enters fear territory due to price decline and regulatory worries.
The market is experiencing a period of fear, with prices dropping and regulatory concerns rising. Bitcoin has fallen below $64,000, and other major coins have seen similar declines. This negative sentiment is likely due to a combination of factors.
Despite the bearish trend, some analysts believe that this could be a buying opportunity for investors with a long-term perspective. They argue that the current pullback is a correction after a period of rapid growth, and that the underlying fundamentals of blockchain technology remain strong.
Its not a financial advise. Please DYOR.
Market enters fear territory due to price decline and regulatory worries.
The market is experiencing a period of fear, with prices dropping and regulatory concerns rising. Bitcoin has fallen below $64,000, and other major coins have seen similar declines. This negative sentiment is likely due to a combination of factors.
Despite the bearish trend, some analysts believe that this could be a buying opportunity for investors with a long-term perspective. They argue that the current pullback is a correction after a period of rapid growth, and that the underlying fundamentals of blockchain technology remain strong.
Its not a financial advise. Please DYOR.
Analysis of #BAKEUSDT
#BAKEUSDT
Technical Analysis of BAKE/USDT
Support and Resistance
Immediate Support: Approximately $0.29, which is near the recent low.
Next Support: Around $0.24, aligning with previous lows.
Immediate Resistance: Roughly $0.35, which corresponds to the EMA(7), followed by $0.38, aligning with the EMA(25).
Major Resistance: Around $0.53, representing a recent high before the decline.
RSI Analysis:
Daily RSI: The Relative Strength Index (RSI) on the daily chart is at 33.6, indicating the asset is approaching oversold conditions.
1-Hour RSI: The RSI on the 1-hour timeframe is extremely low at 8, indicating very oversold conditions.
4-Hour RSI: The RSI on the 4-hour timeframe is also very low at 10, confirming significant oversold conditions.
Despite the recent price decline, there's a positive sentiment for Bitcoin's recovery in the coming time. Some analysts predict significant gains, with estimates exceeding 30%. Furthermore, advancements in technology and strategic investments are believed to fuel growth across the cryptocurrency sector.
It's not a financial advice. Please DYOR.
Technical Analysis of BAKE/USDT
Support and Resistance
Immediate Support: Approximately $0.29, which is near the recent low.
Next Support: Around $0.24, aligning with previous lows.
Immediate Resistance: Roughly $0.35, which corresponds to the EMA(7), followed by $0.38, aligning with the EMA(25).
Major Resistance: Around $0.53, representing a recent high before the decline.
RSI Analysis:
Daily RSI: The Relative Strength Index (RSI) on the daily chart is at 33.6, indicating the asset is approaching oversold conditions.
1-Hour RSI: The RSI on the 1-hour timeframe is extremely low at 8, indicating very oversold conditions.
4-Hour RSI: The RSI on the 4-hour timeframe is also very low at 10, confirming significant oversold conditions.
Despite the recent price decline, there's a positive sentiment for Bitcoin's recovery in the coming time. Some analysts predict significant gains, with estimates exceeding 30%. Furthermore, advancements in technology and strategic investments are believed to fuel growth across the cryptocurrency sector.
It's not a financial advice. Please DYOR.
#MarketSentimentToday
The cryptocurrency market sentiment today leans towards fear, due to Bitcoin's recent price slump and rising regulatory concerns. While the overall mood is cautious, some analysts view this as a potential buying opportunity. Remember, staying informed about market news and conducting your own research is crucial before making any cryptocurrency investments.
The cryptocurrency market sentiment today leans towards fear, due to Bitcoin's recent price slump and rising regulatory concerns. While the overall mood is cautious, some analysts view this as a potential buying opportunity. Remember, staying informed about market news and conducting your own research is crucial before making any cryptocurrency investments.
Market Sentiment
The sentiment in the cryptocurrency market today is generally cautious and slightly bearish. Traders are closely watching important price levels and upcoming events, such as the potential impact of the newly approved Ethereum ETF, to see if these developments will lead to significant price changes.
The sentiment in the cryptocurrency market today is generally cautious and slightly bearish. Traders are closely watching important price levels and upcoming events, such as the potential impact of the newly approved Ethereum ETF, to see if these developments will lead to significant price changes.
Are we going to see all red candles in somtime again?
Trade safe and be careful!
Trade safe and be careful!
Current market sentiment is mixed. While there are some signs of bullishness, there are also concerns about potential regulation, and Bitcoin's price has experienced some recent fluctuations.
Here are some essential tips to keep in mind for safe crypto trading, especially for beginners:
* Conduct Thorough Research: Before investing in any cryptocurrency, research the project, the team behind it, and understand the potential risks and rewards involved.
* Invest Cautiously: The cryptocurrency market is volatile, so only invest what you're comfortable potentially losing.
* Diversify Your Portfolio: Don't put all your eggs in one basket. Spread your investments across different cryptocurrencies to reduce risk.
* Beware of Scams: There are a lot of scams in the cryptocurrency space. Be wary of any investment that seems too good to be true.
* Enable Two-Factor Authentication (2FA): Add an extra layer of security to your accounts by enabling 2FA to prevent unauthorized access to your cryptocurrency holdings.
Here are some essential tips to keep in mind for safe crypto trading, especially for beginners:
* Conduct Thorough Research: Before investing in any cryptocurrency, research the project, the team behind it, and understand the potential risks and rewards involved.
* Invest Cautiously: The cryptocurrency market is volatile, so only invest what you're comfortable potentially losing.
* Diversify Your Portfolio: Don't put all your eggs in one basket. Spread your investments across different cryptocurrencies to reduce risk.
* Beware of Scams: There are a lot of scams in the cryptocurrency space. Be wary of any investment that seems too good to be true.
* Enable Two-Factor Authentication (2FA): Add an extra layer of security to your accounts by enabling 2FA to prevent unauthorized access to your cryptocurrency holdings.
Good one!
LIVEwavatro
--
Rules for crypto trading
1.Do Your Own Research (DYOR):
Always research thoroughly before investing in any cryptocurrency.
2.Diversify Your Investments:
Spread your investments across different cryptocurrencies to reduce risk
3.Set Clear Goals and Limits:
Define your investment goals and set stop-loss orders to manage risk.
4.Stay Informed:
Keep up with crypto news and market trends to make informed decisions.
5.Control Your Emotions:
Avoid making impulsive decisions based on fear or greed.
1.Do Your Own Research (DYOR):
Always research thoroughly before investing in any cryptocurrency.
2.Diversify Your Investments:
Spread your investments across different cryptocurrencies to reduce risk
3.Set Clear Goals and Limits:
Define your investment goals and set stop-loss orders to manage risk.
4.Stay Informed:
Keep up with crypto news and market trends to make informed decisions.
5.Control Your Emotions:
Avoid making impulsive decisions based on fear or greed.
#KNC/USDT
Good long setup.
I am buying this dip.
Coin is holding on to the support level. The market has been bearish, but I think there will be a correction soon.
Little more dip is expected on KNC until 0.5780, the next support.
Stoploss: 0.5725
DYOR.
Good long setup.
I am buying this dip.
Coin is holding on to the support level. The market has been bearish, but I think there will be a correction soon.
Little more dip is expected on KNC until 0.5780, the next support.
Stoploss: 0.5725
DYOR.