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┌ 1) Focus on Scalp Trading (1-4% gains) (44 votes)
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On the daily time frame, #BTC is approaching a significant resistance.
I would recommend refraining from opening new Altcoin positions.
There is currently a circulating fake ETF approval news in the market, which caused Bitcoin to surge by $30,000. However, the price has now retraced to $28,000. I would strongly advise against making any trades based on this news.
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Mid-term hold potential 3X to 5X Project 🔥
#RNDR/USDT
Entry level: $1.3 - $1.55
#RNDR CEO was the founder of OTOY, the largest and most widely used rendering software by top brands like Marvel, Netflix, HBO, DC Universe, and others. These brands have utilized OTOY to create impressive CGI animations for their movies. With Render, they have launched a decentralised version of OTOY.
You can add this GEM to your Long term list.
Alert!!
The recent surge in Bitcoin's value is being attributed to Grayscale's victory in the spot ETF case against the SEC. However, it's important to note that this legal win doesn't necessarily guarantee the immediate availability of spot Bitcoin ETFs for regular investors. It's plausible that this price increase might not be entirely organic, potentially indicating a speculative uptrend. In light of these circumstances, it might be prudent to exercise caution and prioritize a more conservative approach to investment.
Members!!
We are about to post a 10X potential project which is listed on Lbank in a while.
Stay tuned!!!
💰 Bitcoin Number of Addresses Holding 1+ Coins has recently reached an All-Time High (ATH) of 1,011,914.
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Low Cap Gem with a 500% growth potential
#CRU/USDT
ENTRY: $0.72 - $0.80
Tatgets:
1)$0.920
2)$1.130
3)$1.400
Adding this Gem on MEXC Exchange.
Top well-known acronyms used in the crypto market:
ICO - Initial Coin Offering
DeFi - Decentralized Finance
NFT - Non-Fungible Token
DApp - Decentralized Application
DAO - Decentralized Autonomous Organization
KYC - Know Your Customer
CEX - Centralized Exchange
DEX - Decentralized Exchange
HODL - Hold On for Dear Life
FUD - Fear, Uncertainty, and Doubt
#LAI made a high of $0.24 which is around 65% Gain from our entry.
All three short term targets were Achieved✅
#NEWS
The SEC has approved the first leveraged Bitcoin futures ETF, BITX. BITX will track the CME Bitcoin Futures Daily Roll Index and magnify the returns of the index by 2x. This is a major milestone for the cryptocurrency industry, as it is the first Bitcoin ETF to be approved in the US. However, some have questioned the decision to approve a leveraged ETF, as these funds can be more risky than traditional ETFs. Despite the risks, the approval of BITX is likely to be bullish for the cryptocurrency market
SCALP TRADE SETUP:
#LTC/USDT Long Call:
Enter: Market
Targets:
1) 87.8609
2) 88.6953
3) 89.4836
Risk: Medium to High
Advised Leverage: 5X to 8X
SCALP TRADE SETUP:
#NKN/USDT Long Call:
Enter: Market
Targets:
1) 0.0933
2) 0.0943
3) 0.0951
Risk: Medium to High
Advised Leverage: 5X to 8X
SCALP TRADE SETUP:
#NEAR/USDT Long Call:
Enter: Market
Targets:
1) 1.2721
2) 1.2842
3) 1.2957
Risk: Medium to High
Advised Leverage: 5X to 8X
SCALP TRADE SETUP:
#BTC/USDT Long Call:
Enter: Market
Targets:
1) 26885.436
2) 27141.18
3) 27382.656
Risk: Medium to High
Advised Leverage: 5X to 8X
#HELLO Signal was suggested as a long-term hold when the price was trading around $0.032. Now, it has appreciated by over 100%🔥🔥
Yes, I'm still proudly holding onto this gem.
#RNDR/USDT is trading around $1.88 around 22% up from our Entry zone.
Stay tuned for more such amazing trades🔥
As we mentioned in our previous update, it's crucial to remain cautious. Bitcoin still has a significant hurdle to clear at the $30,000 mark, which we've highlighted with the yellow box on the charts. To truly regain its bullish momentum on a broader time scale, it needs to surpass this level.
In the midst of the excitement caused by these market movements, it's essential to avoid impulsive actions that could put your funds at risk. While better times may be on the horizon, exercising caution and preserving your capital is the smartest move for now.
RUBIX #RBT/USDT
It has a 10X potential in the coming rally.
https://www.lbank.com/trade/rbt_usdt/
ENTRY: $58 - $60
Targets:
1) $75
2) $92
3) $120
3) $167
Its first green blockchain platform in the
world, Rubix is a shared, decentralized and secure Web3 and Web5 platform designed to eliminate the limitations and setbacks of traditional blockchains.
#FET/USDT
Entry: $0.178 - 0.197
We are Accumulating this AI based beast for the next Bull Run, looking at the AI hype this beast is Expected to Hit the $1 mark.
Now its around 80% down from the ATH.
News!!!
🔥🔥🔥
House Committee Approves Bill to Protect Personal Crypto Storage
The U.S. House Financial Services Committee has approved a bill that would protect the ability of individuals to personally store and manage their own cryptocurrencies.
The bill, called the "Cryptocurrency Freedom and Protection Act of 2023," would prohibit the federal government from requiring individuals to store their cryptocurrencies with a third-party custodian. This means that individuals would be free to choose how they want to store their cryptocurrencies, whether that is in a hardware wallet, a software wallet, or on an exchange.
The approval of the bill by the House Financial Services Committee is a significant step forward for the protection of personal crypto storage. The bill is now expected to be considered by the full House of Representatives.
XRP witnessed an astonishing 55% surge, accompanied by a substantial 24-hour trading volume of $4.3 billion. This remarkable growth followed a pivotal ruling by a US judge, declaring XRP not a security. The ruling stands as a significant triumph for Ripple Labs, carrying wide-ranging implications for the entire cryptocurrency sector. With tokens gaining legitimacy and attracting institutional investors, this legal victory has the potential to reshape the perception and utilization of cryptocurrencies. While the ruling remains subject to potential appeal, XRP's price responded positively to the news, signaling an optimistic outlook for Ripple and the broader crypto industry.
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Bitcoin dropped $1500 after the news.
The SEC is concerned about the lack of clarity in spot bitcoin ETF applications from firms like BlackRock and Fidelity. Many companies are reapplying after feedback, hoping for regulatory acceptance.
SCALP TRADE SETUP:
#C98/USDT Short Call:
Enter: Market
Targets:
1) 0.1477
2) 0.1464
3) 0.145
Risk: Medium to High
Advised Leverage: 5X to 8X
SCALP TRADE SETUP:
#ETH/USDT Long Call:
Enter: Market
Targets:
1) 1864.1316
2) 1881.8286
3) 1898.5896
Risk: Medium to High
Advised Leverage: 5X to 8X
SCALP TRADE SETUP:
#TRB/USDT Long Call:
Enter: Market
Targets:
1) 9.4173
2) 9.5067
3) 9.5912
Risk: Medium to High
Advised Leverage: 5X to 8X
SCALP TRADE SETUP:
#WOO/USDT Short Call:
Enter: Market
Targets:
1) 0.1787
2) 0.1771
3) 0.1754
Risk: Medium to High
Advised Leverage: 5X to 8X
SCALP TRADE SETUP:
#NEAR/USDT Short Call:
Enter: Market
Targets:
1) 1.2083
2) 1.197
3) 1.1864
Risk: Medium to High
Advised Leverage: 5X to 8X