Do you a risk appetizer?hello guys!
let's analyze the ILV coin!
1. Market Structure & Key Levels:
Current Price: The asset is trading at around $43.37.
Possible Hunted Area: The price is nearing a zone that might have liquidity pools where previous stop losses could have been triggered, making it a potential reversal area.
Engulfed Area: There is a previously engulfed zone indicating strong selling pressure in the past. This area around $145 - $185 may act as a resistance if the price approaches it again.
Key Resistance Level: The chart highlights a major resistance level at $256.30. This level represents an 8x potential gain from the current price.
2. Bullish Potential:
8x Target: The chart suggests a potential move towards $256.30, representing an 837.04% increase from the current price.
Reversal Opportunity: If the price finds support in the identified hunted area, a bullish reversal could occur, leading to a significant upward move.
3. Risk Consideration:
Potential for Further Decline: Before any potential bullish move, the price might further dip into the possible hunted area, which needs to hold as support to avoid further downside.
Summary:
Current Price: $43.37.
Support Zone: Potential reversal around the possible hunted area.
Resistance Zones:
$145 - $185: Previously engulfed area, significant resistance.
$256.30: 8x target from the current price.
Bullish Scenario: If the price holds the hunted area, there is potential for an 8x move toward $256.30.
Risk: Further downside is possible if the hunted area does not hold.
___________________________
✓✓✓ Always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
HOLD
$STRK broke out this falling wedge pattern!IDX:STRK is breaking out of this falling wedge pattern and is currently retesting it.
Entry Point: Start accumulating once the price exceeds $1.228.
Targets: Midterm Goal: 60% increase
Long-Term Goal: 120% increase
Trading Options: STRK is available for trading in both spot and futures markets. You can purchase it on the spot market, or if you prefer to go long on futures, consider setting a stop-loss at $1.076.
Leverage: 3X to 5X
About
StarkNet is a permissionless, decentralized ZK-Rollup operating as an L2 network on Ethereum. It enables unlimited scaling for dApps while maintaining Ethereum's security and composability, using the STARK cryptographic proof system. StarkNet contracts and OS are written in Cairo, supporting scalable deployment for any business logic.
DYOR, NFA
#Crypto #altcoin
#MYRO MIDTERM TRADE SETUP!#MYRO Breakout this ascending triangle pattern, and currently it is coming to retest it.
If it successfully retests this pattern, then we can expect a potential rally.
Technically, as per the pattern, we can expect almost a 60% bounce.
Entry: CMP and add more up to $0.203
SL: $0.191
Leverage: 2X to 5X
DYOR, NFA
DCA - is for those who do not like to be nervousIn the fast-paced and often volatile world of cryptocurrency, finding best investment strategy can be a daunting task. While many traders seek quick gains through active trading, a more prudent and less stressful approach exists: Dollar-Cost Averaging (DCA).
What is DCA?
DCA is an investment strategy that involves investing a fixed amount of money into a particular asset at regular intervals, regardless of the asset's price. This approach aims to reduce the impact of market volatility on investment returns by averaging out the purchase price over time.
Why is DCA the Sleep-Well Strategy?
DCA offers several advantages that make it an ideal strategy for investors seeking long-term growth and peace of mind:
Emotional Discipline: DCA eliminates the emotional decision-making that often plagues traders. By investing consistently, regardless of price fluctuations, you avoid the urge to buy high and sell low.
Reduced Risk: DCA averages out the purchase price, reducing the overall impact of market volatility. You may buy some coins at higher prices, but you'll also benefit from lower prices, evening out your investment cost.
Long-Term Focus: DCA encourages a long-term investment mindset, discouraging impulsive decisions based on short-term price movements. It's about building wealth gradually and consistently over time.
DCA vs. Trading:
DCA stands in stark contrast to active trading, which involves buying and selling assets frequently to capitalize on short-term price movements. While active trading may appeal to experienced traders with high-risk tolerance, it often leads to emotional decision-making and can be time-consuming and stressful.
DCA: A Proven Strategy with Remarkable Returns
To illustrate the effectiveness of DCA, let's examine the returns of some prominent cryptocurrencies over the past few years, assuming a monthly DCA investment of $100:
Bitcoin (BTC): Investing $100 monthly in BTC since January 2019 would have yielded a staggering 112% return, with a total investment of $12,000 growing to $25,440.
Ethereum (ETH): A DCA approach for ETH since January 2019 would have resulted in an impressive 770% return.
Solana (SOL): DCA into SOL since January 2021 would have generated a remarkable 304% return
Fetch.ai (FET): Investing $100 monthly in FET since January 2019 would have yielded an exceptional 776% return
Understanding the Coins: Technology and Applications
Bitcoin (BTC): The world's first and most popular cryptocurrency, Bitcoin is a decentralized digital currency that enables peer-to-peer transactions without intermediaries.
Ethereum (ETH): A decentralized blockchain platform, Ethereum supports a wide range of applications, including smart contracts, decentralized finance (DeFi), and non-fungible tokens (NFTs).
Solana (SOL): A high-performance blockchain known for its scalability and speed, Solana aims to provide a faster and more efficient alternative to Ethereum.
Fetch.ai (FET): An AI-powered decentralized platform, Fetch.ai facilitates the development of autonomous agents for various applications, including open marketplaces and data monetization.
Conclusion:
DCA is a powerful investment strategy that allows individuals to build wealth in cryptocurrency while minimizing risk and emotional stress. By consistently investing fixed amounts, regardless of market fluctuations, DCA investors can reap significant rewards over the long term. Embrace DCA, sleep well, and let your investments grow steadily towards a brighter financial future.
20 hours left in Bitcoin halving, what do you expect?#Bitcoin Update
Bitcoin's price dropped quickly when news broke of a potential conflict between Israel and Iran. It nearly reached a support level but then started recovering fast. This shows that the market is optimistic, but we're still stuck in a price range, so it's best to wait for a breakout.
If the price stays above this support level, we can expect a bounce upwards. However, if it breaks below this level, we might see the price drop toward $50,000.
Currently, the 100-day Simple Moving Average (SMA) is acting as support, and this blue line is strong support, which is around 50k.
20 hours left in Bitcoin halving, what do you expect?
I'll continue to provide updates, so stay tuned for more information.
#Crypto #BitcoinHalving CRYPTOCAP:BTC $BTCUS BINANCE:BTCUSDT
📊 In-Depth Technical Analysis - Rndr 📊🔍Diving into today's analysis, we find ourselves amidst the aftermath of the recent Bitcoin halving event, where miners are now receiving half of their previous rewards. As the broader market takes a breather, exhibiting signs of consolidation, it's evident that the current landscape doesn't quite cater to the dynamics of day trading. Hence, shifting our focus to a higher timeframe, we delve into the daily chart to dissect the intricacies of Rndr's technical outlook.
🚀 Project Overview:
Rndr stands out as a premier cryptocurrency project, recognized for its practical implementation of metaverse concepts. More importantly, the project is actively progressing, with ongoing developments outlined in its whitepaper, offering tangible services for its users.
📈 Chart Analysis:
After a notable uptrend from $4 to $12, Rndr initiated a corrective phase, retracing to around $7.633. Presently, amidst a period of market stabilization reminiscent of Bitcoin's behavior, Rndr has settled into a consolidation phase, indicating a temporary balance between buyers and sellers.
📊 Volume Insight:
Analyzing recent candlesticks, it's apparent that red candles dominate in terms of volume, signaling a phase of market consolidation. While a reduction in volume often accompanies price relaxation, it also suggests a period of subdued market sentiment, characterized by decreased trading activity.
🔄 Fibonacci Retracement Analysis:
A notable observation is the Fibonacci retracement from the previous upward wave, which suggests a pullback to the 0.5 level, indicating a phase of consolidation. Should a breakout occur, the potential target could be the previous high at $12.603. Conversely, a reversal from this level could signify a bearish trend reversal.
📉 SMA Evaluation:
Of particular interest is the SMA99, currently intersecting with the price action. This convergence may signify a significant market influence, potentially laying the groundwork for a renewed bullish trend.
🎯 Conclusion:
Taking into account all essential parameters, the analysis underscores the presence of a robust Potential Reversal Zone (PRZ) within the current price range, presenting an opportune entry point for spot traders. Furthermore, the ongoing high wave cycle serves as an additional catalyst, bolstering the potential for an upward trajectory. Stay tuned for further insights as the market unfolds!
Worldcoin WLDUSDT can the price go to 500000 USD?Hello friends, after a long time I'm just warning that I'm putting money here in project of Sam Altman
I feel that trust in BTC is already broken.
Maybe I'm wrong, I recommend you find out more about the project
Potential Applications
Worldcoin could significantly increase equality of opportunity globally by advancing a future where everyone, regardless of their location, can participate in the global digital economy through universally-accessible decentralized financial and identity infrastructure. As the network grows, so should its utility.
Today, many interactions in the digital realm are not possible globally. The way humans transact value, identify themselves, and interact on the internet is likely to change fundamentally. With universal access to finance and identity, the following future becomes possible:
Finance
Owning & Transferring Digital Money: Sending money will be near instant and borderless, globally. Available to everyone. The world could be connected financially and everyone would be able to interact economically on the internet. The COVID relief fund for India, where over $400 million were raised in a short period of time by individuals around the world to support the country as a hint at what can be possible. Overall, this has the potential to connect people on a global scale unlike anything previously seen in human history.
Digital money is safer than cash, which can be more easily stolen or forged. This is especially important in crisis situations where instant cross-border financial transactions need to be possible, such as during the Ukrainian refugee crisis, where USDC was used to distribute direct aid. Additionally, digital money is an asset that individuals can own and control directly without having to trust third parties.
Identity
Keep the Bots Out: Bots on Twitter, spam messages, and robocalls are all symptoms of the lack of sound and frictionless digital identity. These issues are exacerbated by rapidly advancing AI models, which can solve CAPTCHAs and produce content that is convincingly "human". As services ramp up defenses against such content, it becomes essential that an inclusive and privacy-preserving solution for proof of personhood is available as public infrastructure. If every message or transaction included a "verified human" property, a lot of noise could be filtered from the digital world.
Governance: Currently, collective decision making in web3 largely relies on token-based governance (one token, one vote), which excludes some people from participating and heavily favors those with more economic power. A reliable sybil-resistant proof of personhood like World ID opens up the design space for global democratic governance mechanisms not just in web3 but for the internet. Additionally, for AI to maximally benefit all humans, rather than just a select group, it will become increasingly important to include everyone in its governance.
Intersection of Finance and Identity
Incentive Alignment: Coupons, loyalty programs, referral programs and more generally sharing value with customers is traditionally prone to fraud as the incentives for fraudulent actors are high. Frictionless and fraud resistant digital identity helps to align incentives and benefit both consumers and companies. This could even incept a new wave of companies owned in part by its users.
Equal Distribution of Scarce Resources: Crucial elements of modern society, including subsidies and social welfare, can be rendered more equitably by employing proof of personhood. This is particularly pertinent in developing economies, where social benefit programs confront the issue of resource capture—fake identities employed to acquire more than a person’s fair share of resources. In 2021, India saved $5 billion in subsidy programs by implementing a biometric-based system that reduced fraud. A decentralized proof of personhood protocol can extend similar benefits to any project or organization globally. As AI advances, fairly distributing access and some of the created value through UBI will play an increasingly vital role in counteracting the concentration of economic power. World ID could ensure that each individual registers only once and to guarantee equitable distribution.
✅ Tia token analyses for SPOT position✍️
Celestia is a modular layer one blockchain network designed to solve the scalability problem in blockchains.
⚡️By separating the consensus and execution layers, this network allows developers to easily launch their own blockchains without the need for in-depth specialized knowledge, with high security and scalability.
For this reason, it has been noticed and welcomed by many users and other projects and very good investments have been made on it🔥
According to the mentioned contents and the very bright history of Celestia, we can expect that investing in this currency will be profitable for us.
Currently, in the technical discussion, Celestia's main token named Tia has broken its trend line and resistance line, and at the price of 16.20, it can be a suitable entry for spot buying.
✅Investing in cryptocurrencies is always risky and requires your own research and personal capital management
Analyses about Manta token for SPOT ✍️
Fundamentally, Manta token is due to the use of zkSNARKs technology, ⚡️
which provides private and secure transactions for its users. It has a great potential to have many users.💥
⚡️Due to the great reception of people in the crypto space and the high capital demand from this network, as well as having powerful supporters such as Celestia, investing in the spot mode and also finding the right entry point to have a long position, Manta can be one of the best options of this the days be for us.
Also, according to the technical chart of this token, which is in a good position, it can be said that after breaking the 3.713 point, it is a good time to enter a long position.🔥
#DIMO Looks good to accumulate!#DIMO/USDT
The project in question has a strong foundation and is supported by credible investors, indicating significant growth potential. Under favourable circumstances, a growth of 5 to 10 times is achievable.
If you have faith in its prospects, it would be wise to allocate a small portion of your portfolio. We are confident in the project's future success.
Accumulate inside the triangle and more after the breakout
DYOR, NFA
BINANCE:LTCUSDT | +500% Profit potential in the bull run On 1W chart LTC is consolidating in the support zone and this consolidation is good for the next trend of the LTC in the bull market.
This is a good place to buy some LTC and hold for the long period and sell it during the upcoming bull run
Allocate only small portion of your overall investment portfolio for this. Preferrably less than 0.5%
Regards,
VectorAlgo
FIL → Don't lose this profit!hello guys...
as you can see this coin is breaking up the triangle pattern and I suppose it will touch the MPL area!
target=18.2
if you wanna become certain about it you can wait until the last candle closes and shows us a strong breaking!
______________________
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
2024 is BTC Year !I think this is a very good year to keep bitcoins in a safe wallet. In the past, we had a similar price behavior that led to a price peak. The reliable resistance line has been broken and Bitcoin is interested in growing in this channel. Based on this fork, hold Bitcoin for the first few months of 2024. Strongly believe the $35,000 price support!
ChainLink Analysis For long-termHello Traders, here is the full analysis for Chainlink
let me know in the comment section below if you have any questions. I suggest you keep this analysis on your watch list and see what will happen and will my analysis will happen!!!
Today I want to talk about LINKUSD in a daily time frame
Before that, I want to remember It's not financial advice.
I'm just sharing my view and opinion of the chart. Please see and think about that. The situation is so complicated.
I will tell you the best zone to buy and hold Chainlink for the long term to get a huge profit.so, please be patient.
As you see in the chart, I want to explain everything by the Fibonacci Channel. Because it's so simple and easy to show you.
I draw 3 Green Zone to show you all the support zones. I believe that the first green zone will be broken. Sooner or later but it's sure.
So let's focus on the second one. I think it could be a strong zone to support the price but I think the market maker do anything to lose that to the third support zone.
I'm sure the 3rd green zone is the best place to buy and hold link for long term. it's really my favorite place. I will put my orders in this zone. because I believe that the future of Chainlink is bright.
If you have any questions, please don't hesitate to contact me.
Wish you the best
Sincerely Yours
Ho3ein.mnD
How to trade Liquidity Sweeps 🌊 Trading liquidity sweeps 🌊 and identifying fake liquidity grabs 🕵️♂️ can be valuable skills for traders. These strategies involve capitalizing on market inefficiencies and understanding how institutional traders and algorithms influence price movements. In this guide, we'll explore what liquidity sweeps and fake liquidity grabs are and how to trade them effectively.
Understanding Liquidity Sweeps:
A liquidity sweep occurs when a trader executes a large market order that "sweeps" through the order book, clearing out available liquidity at various price levels. These sweeps often signal strong buying or selling interest, potentially leading to significant price moves.
Identifying Fake Liquidity Grabs:
Fake liquidity grabs 🎭 are market manipulation techniques used to deceive traders. Market makers or large players might place large orders on the order book to give the illusion of significant interest at a specific price level. However, they often cancel these orders before they get executed, leading to sudden reversals in price.
Trading Liquidity Sweeps:
Monitor Order Flow: Keep an eye on order flow and trade volume to identify sudden surges in trading activity. Liquidity sweeps are often accompanied by spikes in volume.
Identify Key Levels: Look for important support or resistance levels where liquidity sweeps are likely to occur. These levels can be based on technical analysis, such as previous highs or lows.
Entry and Stop-loss: Enter a trade when you spot a liquidity sweep that confirms your bias. Set stop-loss orders to manage risk in case the market moves against you.
Take Profits: Take profits when the market reacts as expected, but be prepared for quick price reversals. Liquidity sweeps can be followed by retracements.
Trading Fake Liquidity Grabs:
Be Cautious: Approach price moves driven by apparent liquidity grabs with caution. These moves can be short-lived.
Confirm Price Action: Wait for confirmation of the direction after the fake liquidity grab. Look for signs that real market sentiment is driving the price.
Risk Management: Place stop-loss orders to protect your capital in case the market reverses quickly. Avoid chasing the initial price move.
Use Additional Indicators: Combine your analysis with other technical indicators or market sentiment tools to increase your confidence in your trading decisions.
Conclusion:
Trading liquidity sweeps and fake liquidity grabs can offer opportunities for profit, but they also come with risks. It's essential to have a clear strategy, strict risk management rules, and the ability to adapt to rapidly changing market conditions. As with any trading strategy, practice and experience will help refine your skills in identifying and capitalizing on these market dynamics. 🚀📈🌊
Gold price today: slight increaseWorld gold price listed on Kitco is at 1,942 USD/ounce, up 8 USD/ounce compared to the early hours of yesterday morning. December gold futures last traded at $1,976.1 an ounce, up $7.3.
According to some market analysts, the gold market may be struggling to find traction as inflation remains a major concern and could force the US Federal Reserve (Fed) to continue raising prices. interest rates after summer.
Naeem Aslam, chief investment officer at Zaye Capital Markets, forecasts the gold market will continue to struggle as the latest data shows no clear clues as to the path of the next Fed tightening. The market will have to wait for inflation data to be released next week. He said that traders can stay on the sidelines until there are signs that inflation is trending down significantly.