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$BTC is showing strong support at 60K zone. And rejection from this red trend line continuesly as showing in below chart. Once this trend line flip by 1H closing we will analyze market momentum again and share with you. At that time below mentioned update is still valid. Keep following #MU_Traders and hit like button , so we keep inform you with each movement . #TONonBinance #XRPVictory #MarketDownturn #SahmRule
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🚨We are still looking for a pull back in $BTC up to $52K area. Here is why? Yesterday we predict a dump from 59K area. it rejected from there and showed $1,500 downside movement . But unfortunately after that price show too much buying pressure and pumped UpTo 62K+. Here is our updated chart and details: Note: We receive many comment you are wrong you are providing wrong analysis you are getting paid for wrong analysis . we want to clear we don't predict market we just share our planing , you always need to #Dyor2024 before taking any financial action . As you can see in chart BTC is trading at resistance zone. #BTC☀ is currently trading at high volume resistance area. Maximum chance BTC get rejection from here and try to find a support between 52K area. First we will see some support at 57K and then 52K. Personally we have sold some alts here and waiting for dip to enter in market again. Also BTC filled CME gap and liquidate $700M+ in this upward movement . Now maximum liquidation present at 53K , and some present at 70K zone. Now if market go UpTo 70K $3B+ will get liquidate on the other side if market dip to 53K area then $5B+ will get liquidate so maximum Chance BTC move downward. Main reason why we are bearish is that BTC showed recovery too much fast after dipping below 50K. Now many new traders are getting FOMO. Market will move downward side to liquidate them. Also many long position opened late bcz when market crashed to 50K every one get scared and don't want to buy anything . And now greed will increase and FOMO created. Market will be manipulated by market makers and move downward side to liquidate them. Theme of Talk : We are bearish and waiting for $57K and 53K zone to buy again. Don't forget to Like Post . It is more then your tip. If you don't want to miss new updates follow #MU_Traders . #TONonBinance #XRPVictory $ETH $BNB
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Binance to List Toncoin (TON) with Seed Tag Binance will list Toncoin (TON) and open trading for TON/BTC, TON/USDT, TON/FDUSD, and TON/TRY at 2024-08-08 10:00 (UTC). Deposits are open now, and withdrawals will be available from 2024-08-09 10:00 (UTC). The listing fee for TON is 0 BNB. What Is Toncoin (TON)? Toncoin is a decentralized L1 blockchain created by the community using Telegram's technology. TON is marked with a Seed Tag, indicating higher volatility and risks. Users must pass a quiz every 90 days on Binance Spot and/or Margin platforms to trade Seed Tag tokens. Reminder: #tonecoin is a newly listed token with higher risk and potential price volatility. Ensure sufficient risk management and conduct thorough research before trading. Seed tags represent innovative projects with higher volatility. For trading access, pass the corresponding quizzes and accept the Terms of Use on Binance platforms. Follow #MU_Traders for more updates . Don't forget to like post. #TON #TonListing #XRPVictory
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$BTC can still dump to $50,000 area + more dump. Here is reason why? Don't forget to read note given at end of post. First we will talk about technical and then other factors. As you can see in below given chart currently #BTC☀ is forming rising wedge that is indicating bearish momentum . First it break down short position opened and maximum shorters put s.l above recent higher high $57,760. Then BTC started upward movement to grab their s.l. Also $350M liquidation present between $57,750 - $58,300 . So, maximum chance market grab these liquidation in a wick and then start moving downside . Also we have resistance at $58,300 area due to of trap candle buyer. Maximum chance these traped buyers start selling at breakeven and push market downside. Now we will discuss to which point it can fall? For that we will mark $50,500 ±$500. There we will find some support . If you want to enter in market we will recommend you to buy in this region with 50% and buy with remaining 30% if market give a downward movement till 48,500. And keep remaining 20% for unfortunate condition . Market is going to be volatile for next 3-5 days that we will discuss below. Here are some more reason why we are bearish :- 1. Iran and kachraeal made market more volatile . Any unexpected war will push it more lower. 2. Many people opens long , data show. To liquidate them market can go further down. 3. Some fuds Chinese ETH investor transferring ETH to exchanges . Note : We are bearish. This analysis is valid only for next 24-36 hours. If it not play out in next 36 hour we will need to analyze market again. So, remain connected for further updates . DON'T forget to follow #MU_Traders and like . #BlackRockETHOptions #XRPVictory #MarketDownturn
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Will Nasdaq Get $ETH Option Trading Approvel From SEC? Read full depth detail here:- Nasdaq International Securities Exchange has proposed to the SEC to introduce options trading on BlackRock's iShares Ethereum Trust. The trust will hold Ethereum, stored by Coinbase, and cash, held by The Bank of New York Mellon. It will not engage in Ethereum staking, maintaining a passive investment approach. The initiative aims to expand #Ethereum2 investment opportunities and integrate cryptocurrency into traditional financial markets. The shares offer a way for investors to access Ethereum without direct investment, appealing to those using hedging and speculation strategies. This proposal follows the SEC's approval of several cryptocurrency ETFs in the U.S., including spot Bitcoin and Ethereum ETFs earlier this year. This marks a significant shift after years of SEC rejections of such products. If approved, options on the iShares Ethereum Trust will follow the same rules as other ETFs, covering underlying securities, expirations, strike prices, and trading halts. Nasdaq and BlackRock announced plans to introduce options for the spot Ethereum ETF with the ticker symbol ETHA. The proposed options could offer a cost-effective way for investors to gain exposure to Ethereum and hedge Ethereum-related investments. The SEC has set a 21- day public comment period, with a final decision expected by April 2025. This move by Nasdaq and BlackRock highlights the growing integration of cryptocurrency into mainstream markets, providing new ways for investors to engage with digital assets under established regulations. Follow #MU_Traders for more updates and don't forget to like post. #BlackRockETHOptions #RoninBridgeAlert #MarketDownturn $BTC $BNB
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