💬 Trading Tip of The Day 👇
“if Most Traders Would Learn To Sit On Their Hands 50% Of The Time, They Would Make A Lot More Money.” – Bill Lipschutz
@Coach 🥳
#AI forming a symmetrical triangle and at the support level. Clear bounced back spotted in the 1D candle.
However, closely watching this level as it can be go further if breaks the support level. If breaks the support it will dip until the PML.
🥳@Coach
🚨 Big AI Coin Event Starting Today 🚨
Today is the start of a huge event in the crypto world. Three major tokens, $FET, $AGIX, and $OCEAN, are merging into a new token called $ASI
Here’s what you need to know:
🗓️ The merger begins today, June 11. $FET will be renamed $ASI and the process will finish on June 13.
🔄 If you own $FET, $AGIX, or $OCEAN tokens, you will need to convert them into ASI tokens. Each token has its specific conversion rate.
📊 The new $ASI token will have a market cap of $7.5 billion, making it one of the top 20 crypto.
🔹 $FET will become $ASI with a total supply of 2.63 billion tokens and a starting price of $2.82
🔹 $AGIX and $OCEAN will be converted at a rate of 0.433 to 1
How will the Token Exchange work?
🔄 $FET will be the base token and renamed ASI. An extra 1.48 billion tokens will be created. 867 million $ASI tokens will go to $AGIX holders and 611 million $ASI tokens to $OCEAN holders.
🔄 On June 11, you can start swapping $FET for $ASI tokens using a their official token migration contract. $AGIX and $OCEAN swaps will be available on June 13.
@Coach 🥳 | More Info
#AVAX respecting to the descending resistance and supported by the horizontal key support in the 1D time frame.
Further, it forms an ascending channel as well.
Keep an eye on this setup
🥳@Coach
#BTC💵 running ahead of golden zone after the liquidity sweep. Golden zone lies at the box $70k - $71k where $BTC still find a path around that area.
There are 3 scenarios captured from $BTC’s current situation,
1. It is possible to touch the golden zone and reverse the market into downside again.
2. Flip the box(golden zone) and then accumulation around the golden zone and push the market downside if not breaks the previous high.
3. The next option $BTC are looking to break the previous high and make another high so that can be over 72k.
Watching these scenarios closely.
🥳 @Coach
💬 Trading Tip of The Day 👇
Traders Aren’t Paid By The Hour, They’re Paid By Their Patience.✔️
@Coach 🥳
🇺🇸 US Bitcoin ETFs have seen 18 straight days of inflows, the longest streak since their launch.
Bullish🔥
https://x.com/CryptoCoinCoach/status/1799090794516898051
@Coach 🥳
LATEST FACT: 🇺🇸 US Spot Bitcoin ETFs Now Hold More Than 5% of the Total Bitcoin Supply.
🥳@Coach
🚨 BREAKING NEWS 🚨
$NVDA reaches all-time high, crosses $3 trillion market cap for first time 💵🔼
@Coach 🥳
#CRV forming a descending channel and accumulating in the dip. Further, it has been supported by a horizontal support in 1 week time frame as well.
Red zone is the buy zone and this setup is valid for long term spot traders.
Stop loss - 0.2375
🥳@Coach
#XAI bounced back from the 0.786 fibonacci level but still below the previous week’s low.
If the 1D candle closed above the PWL, it is possible to go further up until the golden zone $0.7200 - $0.8100 area.
🥳@Coach
#BTC Rejected prior to the Fibonacci zone from a S & R level at $70K1🔴
Eyes on $68K4 [Recent Support] 🔽 in case #BTC lose $69K3.5 level.
🥳 @Coach
#LINA forming a huge symmetrical triangle in higher time frame and an intermediate pattern, a channel spotted inside the symmetrical triangle as well.
Also, horizontal supports were spotted in the same setup.
#LINA looks like waiting for a huge move if breaks the resistance of the triangle.
Horizontal supports can be sniper entries for the buyers, keep your eye closely on this setup.
🥳 @Coach
#CRV a big falling wedge making in higher time frame. Also liquidity sweep spotted in the same setup.
Good for buyers if breaks the resistance.
🥳@Coach
#GRT higher timeframe forming a symmetrical triangle.
Possible to touch the support before break the resistance. Good entry point lies at the support line.
DYOR
🥳@Coach
🚨JUST IN: 🇺🇲 Donald Trump calls himself the 'crypto president' at a tech event in San Francisco.
@Crypto_News
🚨 BREAKING NEWS 🚨
U.S. NONFARM PAYROLLS: +272000 (EST. +182000)
U.S. UNEMPLOYMENT RATE: 4% (EST. 3.9%)
U.S. AVERAGE HOURLY EARNINGS: +0.4% (EST. +0.3%)
@Coach 🥳
Navigating the Falling Wedge
1️⃣ Setup:Identifying the Pattern: The falling wedge forms during a downtrend but suggests an upcoming bullish reversal as the lines converge.
2️⃣ Fibonacci Retracement: Look for key retracement levels like 0.618 as potential entry points when the price breaks the wedge pattern. 📉➡️📈
3️⃣ Support Zone: This area often acts as a strong buying pressure point, hinting at where to consider entering trades.
4️⃣ Market Strategy: It's usually more advantageous to go with the bullish momentum of the main trend rather than against it.
Aim to trade with the trend for a smoother path to profit 💵🔼
@Coach 🥳
#ONG possible to touch the support again before break the resistance zone in 1D time frame.
Symmetrical triangle in forming and breaking its’ resistance may result in touch $3 again?
🥳@Coach