November 11, 2024, marked the biggest daily gain in Bitcoin history in dollar terms. The momentum is unmatched as BTC continues to set records.
Читать полностью…Educational Post
What is a Fakeout?
A fakeout is a term used in technical analysis (TA) that refers to a situation where a trader enters a position expecting a price movement that ultimately doesn’t happen. In fact, in most cases, a fakeout is used to refer to a situation where the price goes in the opposite direction of the trade idea or signal.
A fakeout may also refer to a “fake breakout,” or false breakout, where price breaks out of a technical price structure, only to reverse shortly.
A fakeout can amount to a considerable loss. Technical analysts may identify a pattern that fits perfectly with their strategy, and looks to be playing out as expected. However, the price may reverse very quickly due to outside factors, and the trade can quickly turn into a hefty loss. As such, in anticipation of a fakeout, many traders will plan their exit strategy and put on stop-loss orders in advance of entering trades. In fact, this is quite a common strategy for basic risk management.
#DEXE is currently breaking out of its Darvas Box on the daily chart, signaling a potential massive move🚀
Once we get cconfirmation form #BTC it will pump hard✌️
#DEXE Massive news is coming as team is giving us hint to drop something huge and it’s about to send DEXE through the roof.
🔗 https://x.com/DexeNetwork/status/1856003453601943934?t=5QqhwX9XvfwZWp0xhykudg&s=19
Don’t wait guys this pump is going to be big🚀🚀
30 minutes left🚀
Get ready for a strong news based SPOT call at 4PM GMT today!
Exchange: Binance & MEXC
Get ready for a strong news based SPOT call at 4PM GMT today!
#BTC trading above $80k and altcoins are on fire🚀 This time we’re about to drop a mid-cap GEM💎 that’s primed to explode.
Get ready this is going to be bigger and massive than #ARPA #AUCTION🚀
Exchange: Binance & MEXC
Bitcoin has broken above the key level of $80,000 and is now trading above it. The market is experiencing pure FOMO, and we might see a correction soon. Be prepared for a correction and continue to book profits in open trades.
Читать полностью…WLD analysis:
Price is currently trading within a support and resistance zone. A breakout of this range may occur soon. You can consider opening a long position after a breakout above the resistance level.
Resistance Area: $2.35-$2.55
Strong inflows were noted in the U.S. Bitcoin spot ETFs last week, but following the election results, moderate outflows are now being observed. This indicates a shift in market sentiment and potential profit-taking as traders react to the political landscape.
Читать полностью…Bitcoin Dominance has finally broken its uptrend, with the price dropping below the uptrend line. Many altcoins have already surged by 30-50%, and we may see further upward movement in altcoins in the coming weeks. It's possible that we could drop to the support area, so let's observe how Dominance reacts at that level.
Support Area: 56.70%-56.85%
DOT has bounced back after testing the support area. As we mentioned, there is significant accumulation at this support level, and the price is now rising. The trade has gained over 33% profit since our entry. If the price breaks above the resistance area, we can expect a substantial upward movement.
Resistance Area: $5.00-$5.20
Bitcoin is a nonstop monster, and the FOMO is real. Everyone is expecting a retracement, but the price keeps going up. Currently, the price is in discovery mode, and we may see it pause somewhere for an accumulation phase.
Читать полностью…ETH analysis:
Price is gradually following BTC movements and has broken the resistance area. We may see a shift toward the next resistance area in the coming days.
Support Area: $3000-$3100
Next Resistance Area: $3450-$3600
#DEXE/USDT 50% pump loading 🚀
More than 2Months of consolidation in the Darvas Box = HUGE opportunity.
The breakout is here and All signs point to a monster rally ahead so position yourself before #DEXE takeoff🚀✌️
#DEXE/USDT looks a perfect buy here
Lying on weekly S/R level and accumulation going on from past few weeks above support zone
Macd indicating bullish momentum ahead✌️
Looks ready for a takeoff anytime from here🚀
Buy on MEXC: https://www.mexc.com/exchange/DEXE_USDT
Buy on Binance: https://www.binance.com/en/trade/DEXE_USDT
Targets: $10.6 - $11.5 - $13- $15
MicroStrategy has added 27,200 BTC to its holdings for ~$2.03 billion at an average price of ~$74,463 per #Bitcoin. MicroStrategy now holds a total of 279,420 BTC, acquired for ~$11.9 billion at an average cost of ~$42,692 per Bitcoin.
Читать полностью…Educational Post
What Is BNSOL?
Binance Staked SOL (BNSOL) is a tradable token that represents your staked SOL. It’s a liquid staking token offered by Binance to users who stake Solana (SOL) on the platform.
Unlike traditional staking, where your tokens are locked, BNSOL allows users to retain liquidity while still earning staking rewards. BNSOL is created to provide flexibility and utility, enabling users to use it in various DeFi activities like trading, lending, or liquidity provision without locking up their funds.
How BNSOL Works
Stake SOL on Binance: When users stake SOL on Binance, they receive the BNSOL token in return.
Get staking rewards: The staking rewards grow automatically over time.
Flexible redemption: Users can redeem BNSOL back to SOL based on an updated conversion ratio, generally refreshed every two days. Keep in mind that redemption may take a few days.
Key Benefits of BNSOL
Unlocks liquidity: Unlike traditional staking, BNSOL tokens are not locked, meaning users can retain liquidity while still earning staking rewards.
Capital efficiency: BNSOL can be used in trading, lending, borrowing, and other DeFi activities on the Solana network.
Easy to use: Binance’s process is user-friendly, so staking is straightforward.
Why Use BNSOL?
BNSOL gives you more flexibility with your SOL while still letting you earn staking rewards. You can even use it in various DeFi applications, making it a convenient choice for those who want to earn and have access to their funds at the same time.
STRK rebounded after testing the support area. The trade achieved more than 43% profit from our entry. The price is currently attempting to break above the resistance area, and a candle close above this resistance would indicate a bullish trend.
Next Resistance Area: $0.60-$0.62
DOGE is nonstop and the trade printed more than 112% profit in spot trading. You can book partial profit here and hold the resit with trailing stop loss.
Next Resistance Area: $0.40-$0.42
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Boost link:- /channel/boost/CryptoVIPsignalTA
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Bitcoin is continuing its upward trend and has been reaching new all-time highs daily. The price is currently testing the key resistance area between $79,000 and $80,000. A break above $80,000 is likely to trigger further FOMO (fear of missing out) in the market. However, be prepared for a possible correction soon.
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