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#TOTAL MARKET CAP ANALYSIS
The total cryptocurrency market cap is trading above the Ichimoku cloud following a strong upward move from the channel's support trendline. A breakout above the channel would indicate further bullish momentum for the crypto market.
Conversely, if the market cap breaks below the Ichimoku cloud, which is currently acting as support, we could expect a downward movement.
⚡️⚡️ #1000PEPE/USDT ⚡️⚡️
Exchanges: Bingx
Signal Type: Regular (Short)
Leverage: Cross (50х)
Entry Targets:
0.0118107
Take-Profit Targets:
1) 0.01163
2) 0.01152
3) 0.01140
4) 0.01122
5) 0.01110
6) 0.01092
7) 🚀🚀🚀
Stop Targets:
5-10%
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🔥$SOL LONG
Entry price: market.
Average: 169.40.
Targets: 174.00, 175.44, 178.32.
‼️Important:
1. In each trade, use no more than 2-5% of your total deposit.
2. Choose the leverage at your discretion. If you have little trading experience, use no more than x5.
#BTC/USDT ANALYSIS
Bitcoin is currently consolidating within a descending channel pattern on the 2D timeframe. It is trading above the Ichimoku cloud, which is providing support below the price action. A breakout above the channel is needed to signal another bullish rally in the market.
Conversely, if the price fails to break through the resistance trendline, we may see continued price movement within the pattern, potentially leading to a decline.
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Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures, OKX Futures
#ETHFI/USDT All entry targets achieved
Average Entry Price: 2.55 💵
🌹 #ETHFI/USDT
🟢 LONG
✅ Entry: 2.6 - 2.5
❌ Stoploss: 2.22
🎯 Targets : 2.7 , 2.8 , 2.96 , 3.12, 4
🔰 Leverage : Cross 10X
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Binance Futures, ByBit USDT
#1000PEPE/USDT All entry targets achieved
Average Entry Price: 0.0118107 💵
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Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures, OKX Futures
#ETHFI/USDT Take-Profit target 1 ✅
Profit: 58.8235% 📈
Period: 19 Hours 27 Minutes ⏰
ALWAYS TAKE PROFITS
: Secure Gains:
-Always take partial profits in your trades to lock in gains along the way.
-This helps protect your capital from sudden market changes.
: Risk Management:
-By taking partial profits, you effectively manage and reduce your overall risk.
-This strategy ensures you benefit from the market's positive movements while minimizing potential losses.
: Consistent Strategy:
-Consistently taking partial profits contributes to a more stable and successful trading journey.
-It allows you to enjoy the rewards of your investments without fully exiting your positions.
: Long-term Success:
-This approach fosters a disciplined and strategic mindset, essential for long-term trading success.
-Happy trading, and may your investments flourish!
Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures, OKX Futures
#NOT/USDT All take-profit targets achieved 😎
Profit: 86.7935% 📈
Period: 2 Days 11 Hours 10 Minutes ⏰
Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures, OKX Futures
#ETHFI/USDT Entry 1 ✅
Average Entry Price: 2.6 💵
#1000SATS/USDT ANALYSIS
1000SATS has broken out of the descending channel with significant volume and is currently trading above the triangle.
The Ichimoku cloud is acting as resistance above the current price action, while the 21-day moving average is providing support. We need to wait for a successful retest above the channel for bullish confirmation.
🇺🇸 The news of Joe Biden's rejection of the democratic representation in the upcoming US election led to an immediate small panic drop in crypto prices.
Though wildly different circumstances, the news of the Trump attempted assassination from 2 weeks ago caused a similar price pattern. Throughout the closing hours of Sunday, prices quickly bounced after an initial drop, and are now quite volatile to start the week.
Expect for Biden's endorsement of Kamala Harris as a signal that any news of her or other potential replacement candidates will be consistently trending topics that impact crypto. Regardless of your own vested interest (or indifference) to US politics, social volume of these major topics continue to prove fragile correlations with speculation-driven cryptocurrency prices.