LIVECryptuyu
@Yuvest
Following
Followers
Liked
Shared
$BTC Analysis Updates (trading ideas)
$BTC has been falling again and again in the past two days. Yesterday, the price of BTC has stopped at around 58969, a very long candle with long legs. This shows that there is a 75% chance that BTC does not want to go down for the time being.
It did turn around and rise. So, I marked what I think is its near-term target price, and the first target may be around 61547. If it can reverse the trend there, then BTC has a chance to turn back to an upward trend and stand above the 200ema, then the next target price may be around 62708.
If the situation is not satisfactory, BTC may temporarily fall to around 58100ïŒwhich is temporary bottom line.
I marked all the key prices on the chart, and it may take several hours to achieve these targets.
I hope my analysis can help you with your trading analysis.
happy trading everyone.
chat soon
#BTCâ #BTC60KResistance #Write2Earn! #TradingMadeEasy
$BTC has been falling again and again in the past two days. Yesterday, the price of BTC has stopped at around 58969, a very long candle with long legs. This shows that there is a 75% chance that BTC does not want to go down for the time being.
It did turn around and rise. So, I marked what I think is its near-term target price, and the first target may be around 61547. If it can reverse the trend there, then BTC has a chance to turn back to an upward trend and stand above the 200ema, then the next target price may be around 62708.
If the situation is not satisfactory, BTC may temporarily fall to around 58100ïŒwhich is temporary bottom line.
I marked all the key prices on the chart, and it may take several hours to achieve these targets.
I hope my analysis can help you with your trading analysis.
happy trading everyone.
chat soon
#BTCâ #BTC60KResistance #Write2Earn! #TradingMadeEasy
$BTC Analysis updates [trading ideas]
The price fluctuated very little throughout the day today.
In the BTC 1 hour chart, I can see that the price is below the 200ma, so BTC will move downward for the time being.
But it good to know that the support line is around $61712.
The current upper limit is around the price of $63218. After touching $61712, there may be a chance to turn back up to there.
I really donât want it to break $61465, which would be very dangerous and the embankment might break.
Or it may also move in this range (61712 and 63218) recently.
I hope this helps your analysis.
Good luck and happy trading.
#BTCâ #WeAreAllSatoshi #Write2Earn!
The price fluctuated very little throughout the day today.
In the BTC 1 hour chart, I can see that the price is below the 200ma, so BTC will move downward for the time being.
But it good to know that the support line is around $61712.
The current upper limit is around the price of $63218. After touching $61712, there may be a chance to turn back up to there.
I really donât want it to break $61465, which would be very dangerous and the embankment might break.
Or it may also move in this range (61712 and 63218) recently.
I hope this helps your analysis.
Good luck and happy trading.
#BTCâ #WeAreAllSatoshi #Write2Earn!
$SOL Analysis Updates - trading ideas
SOL looks like other super tokens, still stuck in the pipeline (Figure 1). So this short article only talks about the short-term trading possibilities.
Please see Figure 2. At this time, SOL is already dying above the 200EMA on the daily chart, and it is very likely to lose its support temporarily.
So where will it go(check pic3)? In the short term, it may fall on the short-term trend line, about $138, and then there is a certain probability that it will fall below the trend line, but there will be a support price of about $127 to catch it.
If it moves up, the nearest destination may be around $152.
I hope my analysis will help your own analysis.
Good luck and happy trading everyoneđ
#solonapumping #Solana_Blockchain #U.S.UnemploymentNewLow #Write2Earn!
SOL looks like other super tokens, still stuck in the pipeline (Figure 1). So this short article only talks about the short-term trading possibilities.
Please see Figure 2. At this time, SOL is already dying above the 200EMA on the daily chart, and it is very likely to lose its support temporarily.
So where will it go(check pic3)? In the short term, it may fall on the short-term trend line, about $138, and then there is a certain probability that it will fall below the trend line, but there will be a support price of about $127 to catch it.
If it moves up, the nearest destination may be around $152.
I hope my analysis will help your own analysis.
Good luck and happy trading everyoneđ
#solonapumping #Solana_Blockchain #U.S.UnemploymentNewLow #Write2Earn!
Q&A for my readers about $SUI & $ENA
In previous post and analysis , there are few questions I would like to answer.
All my answer is my personal thoughts, not financial advice, we should give market full respect.
Q1.
Abid ask: "will SUI go down again?"
Answer: Yes, once it hit the new high, it will go down again. Market price goes like wave, up and down.
Q2.
Arrianna asked: will SUI reach up to 2 dollar?
Answer: SUI got 50% protential or chance to reach about 2.2dollars. If that is the case, it may happen in about 1 or 2month.
Right now, SUI is fall back may be for prepare for next run.
Of course, on the other hand, there are 50% chance that SUI fail the run and drop directly since 1.79usd.
Please always check and wait the confirmation of the direction then take the action.
Q3. this question is under my analysis on $ENA
Carlotta asked: "can I start with 1 dollar?"
Answer:
Yes and No
Yes ââ you can start any mount to invest or trade. Nothing wrong with that.
No ââ you have to considering the investing mount and time.
Ask yourself, how much is your target?
and how long 1 dollar would take that help you acheive the goal.
Here we haven't include any mistake happened during trading or invest process.
Be realistic is the key, actually Math can asnwer this question too.
Thank you guys. Hope my answer can help you.
chat on next great crypto soon.
#SUIđ„ #ENAUSDTđš #Q&A #Write2Earn!
In previous post and analysis , there are few questions I would like to answer.
All my answer is my personal thoughts, not financial advice, we should give market full respect.
Q1.
Abid ask: "will SUI go down again?"
Answer: Yes, once it hit the new high, it will go down again. Market price goes like wave, up and down.
Q2.
Arrianna asked: will SUI reach up to 2 dollar?
Answer: SUI got 50% protential or chance to reach about 2.2dollars. If that is the case, it may happen in about 1 or 2month.
Right now, SUI is fall back may be for prepare for next run.
Of course, on the other hand, there are 50% chance that SUI fail the run and drop directly since 1.79usd.
Please always check and wait the confirmation of the direction then take the action.
Q3. this question is under my analysis on $ENA
Carlotta asked: "can I start with 1 dollar?"
Answer:
Yes and No
Yes ââ you can start any mount to invest or trade. Nothing wrong with that.
No ââ you have to considering the investing mount and time.
Ask yourself, how much is your target?
and how long 1 dollar would take that help you acheive the goal.
Here we haven't include any mistake happened during trading or invest process.
Be realistic is the key, actually Math can asnwer this question too.
Thank you guys. Hope my answer can help you.
chat on next great crypto soon.
#SUIđ„ #ENAUSDTđš #Q&A #Write2Earn!
$ENA Analysis Updates
ENA definitely caught my attention.
ENA just jumped out of a strong trend line and has achieved a 70% increase in two weeks. It started at $0.2137 and today is $0.3642.
Let's take a closer look at it.
2024 April $ENA was listed on major exchanges at around $0.6, and then as the market heated up, it was pushed to around $1.52 in two weeks, and then it fell.
In the first week of this month,September, ENA began to wake up from hibernation.
From a long-term investment perspective, ENA is only beginning to resurrect. Looking at the weekly chart, if I am correct, it has the potential to return to $1.52, or even higher, perhaps around $2 (see pic1).
If, and if, I am correct again, then this entire journey of ENA will bring a 10x return. This process may take 3 to 5 months, which is also my estimate.
Next, I want to talk about short-term trading.
Today's trading, without using leverage, three orders, a total profit of 35% was achieved. ENA is very, very strong today (see pic 2).
At this moment, ENA has entered a short-term shock adjustment, and the price will fluctuate between 0.367 and 0.348(see pic3).
So what is the next target price?
I personally think that ENA's next target is to conquer around 0.48 US dollars. This may take about 1 week, or even faster.
Good luck to everyone and Happy trading.
chat next time soon.
#ENAUSDTđš #Write2Earn! #enaethena #enatradeup
ENA definitely caught my attention.
ENA just jumped out of a strong trend line and has achieved a 70% increase in two weeks. It started at $0.2137 and today is $0.3642.
Let's take a closer look at it.
2024 April $ENA was listed on major exchanges at around $0.6, and then as the market heated up, it was pushed to around $1.52 in two weeks, and then it fell.
In the first week of this month,September, ENA began to wake up from hibernation.
From a long-term investment perspective, ENA is only beginning to resurrect. Looking at the weekly chart, if I am correct, it has the potential to return to $1.52, or even higher, perhaps around $2 (see pic1).
If, and if, I am correct again, then this entire journey of ENA will bring a 10x return. This process may take 3 to 5 months, which is also my estimate.
Next, I want to talk about short-term trading.
Today's trading, without using leverage, three orders, a total profit of 35% was achieved. ENA is very, very strong today (see pic 2).
At this moment, ENA has entered a short-term shock adjustment, and the price will fluctuate between 0.367 and 0.348(see pic3).
So what is the next target price?
I personally think that ENA's next target is to conquer around 0.48 US dollars. This may take about 1 week, or even faster.
Good luck to everyone and Happy trading.
chat next time soon.
#ENAUSDTđš #Write2Earn! #enaethena #enatradeup
Celebration our targets are achieved $BTC
At 11:45 pm on the same day after the analysis was published, BTC successfully hit the first target price I mentioned in the analysis. It took 6 hours and only one second to hit đ well, it was achieved.(check pic1)
Today, we waited another day, the BTC price hit the second short-term target price I mentioned in the asset analysis article, which is around 63705. And it hit 4 times. (check pic 2)
High5 guys đ
By the way, correct will give a short term drop.
Will updates later again.
#BTCâ #Write2Earn!
At 11:45 pm on the same day after the analysis was published, BTC successfully hit the first target price I mentioned in the analysis. It took 6 hours and only one second to hit đ well, it was achieved.(check pic1)
Today, we waited another day, the BTC price hit the second short-term target price I mentioned in the asset analysis article, which is around 63705. And it hit 4 times. (check pic 2)
High5 guys đ
By the way, correct will give a short term drop.
Will updates later again.
#BTCâ #Write2Earn!
$BTC Analysis Updates Episode 21st Sep
Many people are shouting that the BTC wave is coming again! I also looked at the chart.
At present, in the weekly chart(pic 1), I only see that BTC is still in shackles, and its price will wander between 68K and 52K. It is unknown whether it is an upward wave or a downward wave.
Therefore, analysts will come up with different predictions due to different analysis methods and different information. I have 6 versions and 6 possibilities for my own prediction. Therefore, as long as BTC is still in the range, it is too early to say anything.
So for short-term trading in the range, let's turn to the 15-minute chart (pic2).
At this moment, BTC's price movement is positive. It jumps out of the inclined trend line, but in the middle of the backtest, so there is a 50% chance that it will first drop to around $62,766, and then hover up again, with the target possibly around $63,542, or around $63,705.
There is also a 50% chance that BTC will choose this route - without completing the downward retracement, it will turn around and rise directly, and the target is still around $63,542 or $63,705.
I hope my analysis can help you.
Good luck and happy trading đ
#BTCâ #Write2Earn!
Many people are shouting that the BTC wave is coming again! I also looked at the chart.
At present, in the weekly chart(pic 1), I only see that BTC is still in shackles, and its price will wander between 68K and 52K. It is unknown whether it is an upward wave or a downward wave.
Therefore, analysts will come up with different predictions due to different analysis methods and different information. I have 6 versions and 6 possibilities for my own prediction. Therefore, as long as BTC is still in the range, it is too early to say anything.
So for short-term trading in the range, let's turn to the 15-minute chart (pic2).
At this moment, BTC's price movement is positive. It jumps out of the inclined trend line, but in the middle of the backtest, so there is a 50% chance that it will first drop to around $62,766, and then hover up again, with the target possibly around $63,542, or around $63,705.
There is also a 50% chance that BTC will choose this route - without completing the downward retracement, it will turn around and rise directly, and the target is still around $63,542 or $63,705.
I hope my analysis can help you.
Good luck and happy trading đ
#BTCâ #Write2Earn!
SUI project advantages, long-term investment possibilities and short-term trading
$SUI is a token that I have been trading frequently since last year. At first, I just found that trading SUI could make me money. After half a year, I started to understand the entire SUI project. I remember that I first mentioned SUI to my readers in the Newsletter, but because it is not a trendy coin and not a token that popular, there is not much reading volume and no response.
This year, SUI has returned to an upward trend after a short period of downturn. I want to talk about SUI again in today's article. First of all, this article is not sponsored. It is what I want to share with my readers after I have actually benefited from long-term trading, whether you prefer to invest or short-term trading. This token is more worth knowing at this time.
What is SUI ?
Sui is an independent blockchain. The original intention of the founders to build the SUI chain is to eliminate untrustworthy intermediaries and protect the privacy of users. Direct digital ownership gives everyone greater control and enables everyone to realize the value of the Internet.
This project focuses on maximum security, accessibility and creativity.
Therefore, the original token on the SUI chain is also SUI, it has its own community, and even has its own SUI wallet, which can be found in the Google store.
Transfers on the SUI chain enjoy the lowest GAS fee in the market, and can be logged in with social accounts, such as Google, Facebook, Twitch, etc.
The community is young and FUN, and SUI is also committed to developing dApps and games for SUI chain itself.
Why do I value SUI?
Yes, I value and like SUI at this moment :)
As an investor, what I value most is that SUI has not thought about retiring, and has been developing new projects, looking for new cooperation and applications.
For example, the latest project - SUI provides blockchain technology for 3DOS 3D printing intermediary. This project is easy to understand. Artists or architects upload their creations and designs on the 3DOS website, which are automatically cast into NFTs, and then 3D printers from all over the world who cooperate with 3DOS complete the production and send them to customers. I personally think that 3D intermediaries and NFT casting are actually a bit redundant. Individual creators can cast NFTs by themselves and then contact 3D printers to make them. But this is not the point. Regardless of the life of the project, SUI has been committed to developing itself and innovating.
For example, today is Mid-Autumn Festival in Asia, and SUI will hold the Sui Builder House gathering in Singapore: it will bring together the global Sui community to share and collaborate on exciting new projects, progress and milestones.
This brings potential and a certain degree of security to the SUI token. As an investor or short-term investor, SUI is a good choice in the short term.
SUI's mid- to long-term performance forecast
SUI is now in an upward phase in the medium and long term. Its current price is $1.0884, which is already in the middle of the rise. It is expected to reach $1.79 in a few months. If my judgment is correct, it may achieve a 64% increase.
Let's take a look at the analysis chart:
SUI short-term trading
Unfortunately, for short-term trading, I can only talk about the recent trend possibilities in this article.
In the next few days, its price may move between 1.0513 and 1.1744. It may fall first and then rise, target may be around 1.1758.
Please do your own research and fine tune the entry and target.
At last, hope my analysis is helpful for your investing and trading.
Happy Trading, see you next time.
#SUIđ„ #BinanceTurns7 #TradingMadeEasy #Write2Earn! #InvestSmartly
This year, SUI has returned to an upward trend after a short period of downturn. I want to talk about SUI again in today's article. First of all, this article is not sponsored. It is what I want to share with my readers after I have actually benefited from long-term trading, whether you prefer to invest or short-term trading. This token is more worth knowing at this time.
What is SUI ?
Sui is an independent blockchain. The original intention of the founders to build the SUI chain is to eliminate untrustworthy intermediaries and protect the privacy of users. Direct digital ownership gives everyone greater control and enables everyone to realize the value of the Internet.
This project focuses on maximum security, accessibility and creativity.
Therefore, the original token on the SUI chain is also SUI, it has its own community, and even has its own SUI wallet, which can be found in the Google store.
Transfers on the SUI chain enjoy the lowest GAS fee in the market, and can be logged in with social accounts, such as Google, Facebook, Twitch, etc.
The community is young and FUN, and SUI is also committed to developing dApps and games for SUI chain itself.
Why do I value SUI?
Yes, I value and like SUI at this moment :)
As an investor, what I value most is that SUI has not thought about retiring, and has been developing new projects, looking for new cooperation and applications.
For example, the latest project - SUI provides blockchain technology for 3DOS 3D printing intermediary. This project is easy to understand. Artists or architects upload their creations and designs on the 3DOS website, which are automatically cast into NFTs, and then 3D printers from all over the world who cooperate with 3DOS complete the production and send them to customers. I personally think that 3D intermediaries and NFT casting are actually a bit redundant. Individual creators can cast NFTs by themselves and then contact 3D printers to make them. But this is not the point. Regardless of the life of the project, SUI has been committed to developing itself and innovating.
For example, today is Mid-Autumn Festival in Asia, and SUI will hold the Sui Builder House gathering in Singapore: it will bring together the global Sui community to share and collaborate on exciting new projects, progress and milestones.
This brings potential and a certain degree of security to the SUI token. As an investor or short-term investor, SUI is a good choice in the short term.
SUI's mid- to long-term performance forecast
SUI is now in an upward phase in the medium and long term. Its current price is $1.0884, which is already in the middle of the rise. It is expected to reach $1.79 in a few months. If my judgment is correct, it may achieve a 64% increase.
Let's take a look at the analysis chart:
SUI short-term trading
Unfortunately, for short-term trading, I can only talk about the recent trend possibilities in this article.
In the next few days, its price may move between 1.0513 and 1.1744. It may fall first and then rise, target may be around 1.1758.
Please do your own research and fine tune the entry and target.
At last, hope my analysis is helpful for your investing and trading.
Happy Trading, see you next time.
#SUIđ„ #BinanceTurns7 #TradingMadeEasy #Write2Earn! #InvestSmartly
$XRP Analyse Updates for Long term investing and short term trading
It's been a long time since I checked the situation of XRP. So today we'll take a look at its near-term future and current situation.
For medium and long-term investment, we can see in the monthly chart (pic1)that XRP has just jumped out of the trend line and successfully completed the retracement.
Now it is on the eve of awakening. Of course, all market price movements will not rise in a straight line, but move forward in waves. After ups and downs, its price has the potential to return to around 1.32 USD, or even more boldly, its price may return to its peak, almost close to 2 US dollars. This process may take several months to achieve. So XRP currently has excellent potential. If there is no special event impact, XRP will be a very promising asset. This is good news for medium- and long-term investors.
Then let's take a look at short-term trading.
In the 15-minute chart(pic2), you can see that the price of XRP has bottomed out 2 hours ago, which is 0.5235 US dollars, and the market doesn't seem to want to go back there.
So for short-term trading, the price of XRP may move in the range between 0.5772 and 0.5407.
Now, it is challenging the current resistance price of 0.5348 US dollars, and now it exceeded successfully. So probably do long is better choice,target 0.54.
Finally, I hope my analysis can help everyone's own analyse.
Happy tradingđ
#XRPGoal #Xrpđ„đ„ #CryptoMarketMoves #Write2Earn!
It's been a long time since I checked the situation of XRP. So today we'll take a look at its near-term future and current situation.
For medium and long-term investment, we can see in the monthly chart (pic1)that XRP has just jumped out of the trend line and successfully completed the retracement.
Now it is on the eve of awakening. Of course, all market price movements will not rise in a straight line, but move forward in waves. After ups and downs, its price has the potential to return to around 1.32 USD, or even more boldly, its price may return to its peak, almost close to 2 US dollars. This process may take several months to achieve. So XRP currently has excellent potential. If there is no special event impact, XRP will be a very promising asset. This is good news for medium- and long-term investors.
Then let's take a look at short-term trading.
In the 15-minute chart(pic2), you can see that the price of XRP has bottomed out 2 hours ago, which is 0.5235 US dollars, and the market doesn't seem to want to go back there.
So for short-term trading, the price of XRP may move in the range between 0.5772 and 0.5407.
Now, it is challenging the current resistance price of 0.5348 US dollars, and now it exceeded successfully. So probably do long is better choice,target 0.54.
Finally, I hope my analysis can help everyone's own analyse.
Happy tradingđ
#XRPGoal #Xrpđ„đ„ #CryptoMarketMoves #Write2Earn!
The cryptomarket is affected by international political situation.
China's đšđł state-owned banks have established a $100 billion short đ position against the US đșđž dollar.
This also indirectly affects the crypto market.
Currently, 1 USD is worth 7.09 RMB.
The price of Bitcoin is about to reach 53k, and the price of Ethereum is about to reach 22k.
By the way, the recent market has been affected by the fluctuations in the international political situation.
As trader and invester, we want finance separated from politics, but in reality, they are one.
$BTC
$ETH
#BTCâ #ETHđ„đ„đ„đ„ #etherreum #BinanceBlockchainWeek #Write2Earn!
China's đšđł state-owned banks have established a $100 billion short đ position against the US đșđž dollar.
This also indirectly affects the crypto market.
Currently, 1 USD is worth 7.09 RMB.
The price of Bitcoin is about to reach 53k, and the price of Ethereum is about to reach 22k.
By the way, the recent market has been affected by the fluctuations in the international political situation.
As trader and invester, we want finance separated from politics, but in reality, they are one.
$BTC
$ETH
#BTCâ #ETHđ„đ„đ„đ„ #etherreum #BinanceBlockchainWeek #Write2Earn!
$BTC The reason you shouldn't panicking about BTC drop
The yellow line shows Blackrock BTC balance, and the black line shows the actual BTC price. You can clearly see that when Blackrock buys, BTC goes up, and when Blackrock balance is stable, BTC goes sideways.
Just guessing, from the chart it looks like a coincidence, Blackrock knows when to stop buying and when to start buying.
Retail and crypto investors start selling BTC out of FUD and fear, while Blackrock balance remains stable.
As long as Blackrock balance is solid and stable, there is no reason to panic.
#BTCâ #CryptoMarketMoves #Write2Earn!
The yellow line shows Blackrock BTC balance, and the black line shows the actual BTC price. You can clearly see that when Blackrock buys, BTC goes up, and when Blackrock balance is stable, BTC goes sideways.
Just guessing, from the chart it looks like a coincidence, Blackrock knows when to stop buying and when to start buying.
Retail and crypto investors start selling BTC out of FUD and fear, while Blackrock balance remains stable.
As long as Blackrock balance is solid and stable, there is no reason to panic.
#BTCâ #CryptoMarketMoves #Write2Earn!
đšCryptocurrencies as a whole are affected by stock market turmoil
The U.S. Department of Justice issued subpoenas to Nvidia and other companies, seeking evidence that the chipmaker violated antitrust laws, escalating its investigation into the main supplier of artificial intelligence processors. The move caused a sharp drop in the Nasdaq market, and more than $1.05 trillion evaporated from the U.S. stock market today.
This also led to a drop in the cryptocurrency market. $BTC fell to nearly $56,000 and $ETH fell below $2,400. In 4 hours, all positions were liquidated for $118 million, and long positions were $107 million.
#BTCâ #ETHđ„đ„đ„đ„ #Market_Update #CryptoMarketMoves #Write2Earn!
The U.S. Department of Justice issued subpoenas to Nvidia and other companies, seeking evidence that the chipmaker violated antitrust laws, escalating its investigation into the main supplier of artificial intelligence processors. The move caused a sharp drop in the Nasdaq market, and more than $1.05 trillion evaporated from the U.S. stock market today.
This also led to a drop in the cryptocurrency market. $BTC fell to nearly $56,000 and $ETH fell below $2,400. In 4 hours, all positions were liquidated for $118 million, and long positions were $107 million.
#BTCâ #ETHđ„đ„đ„đ„ #Market_Update #CryptoMarketMoves #Write2Earn!
All major coins are close to breakout from trendlines, 10-15% pump đ is expected once they breakout.
$BTC $ETH $SOL
#BTCâ #ETHđ„đ„đ„đ„ #solonapumping
$BTC $ETH $SOL
#BTCâ #ETHđ„đ„đ„đ„ #solonapumping
$BTC ïŒ$ETH ïŒ$SOL ïŒ $BNB, do they have a similar fate?
My friends, I just feel it is so weirdïŒfrom weekly chart, BTC(pic1), ETH(pic2), SOL(pic3) and BNB(pic4) has similar pattern, they all stuck in a channel for long time.
you will see ETH already dropped out from channel and now is recover.
How about others? will they perform the same?
#BTCâ #ETHđ„đ„đ„đ„ #solonapumping #BNBAnalysis #Write2Earn!
My friends, I just feel it is so weirdïŒfrom weekly chart, BTC(pic1), ETH(pic2), SOL(pic3) and BNB(pic4) has similar pattern, they all stuck in a channel for long time.
you will see ETH already dropped out from channel and now is recover.
How about others? will they perform the same?
#BTCâ #ETHđ„đ„đ„đ„ #solonapumping #BNBAnalysis #Write2Earn!
Cardano just launched "Chang" upgrade and $ADA analyse and prediction
ADA is ranked 11th on coinmarketcap. It is already a veteran of altcoins, with former Ethereum co-founder Charles Hoskinson launching the Cardano Layer-1 blockchain in 2017 after leaving Ethereum.
And just on this Sunday, it launched the "Chang" upgrade, marking a shift to decentralized governance for its entire ecosystem.
With the Chang upgrade live, ADA token holders will be able to shape the future of Cardano by electing governance representatives and voting on development proposals.
The transition to a decentralized structure brings Cardano more in line with the original spirit of decentralization in the blockchain industry, but they may also be seen as a way to avoid securities regulators by giving ADA additional utility.
This makes Cardano different from many other chains and can be said to be the first in a truly decentralized Layer 1.
$ADA analyse and prediction
The price of the cryptocurrency ADA did not soar due to this milestone event. The current price is $0.3278, down -3.22% in 24 hours.
However, let's take a look at its candlestick chart to see if it has potential.
In the monthly chart of ADA, I personally seem to see that it is about to form a "W" shape. It actually could be very good news. Because when it finish W shape, ADA's price is about 3USD. Dont you think that would be amazing?
But, there is small but, if the price of ADA will follow this "W" route, then the price of ADA may continue to go down first in order to form a W bottom, which is around 0.2338, and then, it may soar "thousands miles". đ
Just to be honest, this route may take many months to complete. I want to give it good wishes. Because it represents its huge potential and all investors and traders can profit from it.
Then let's take a look at the day chart, because this can really show the recent situation,help us trade better.
Now ADA has just popped down a little bit towards the support price of 0.3312. At this time, its direction is not very clear. I donât know whether it will bid farewell to this price or continue to go down to the nearest support price of 0.3182 below it, and then return.
I need more information, and this information will be told to us by the market.
What is ADA?
Finally, if some friends donât know ADA yet, I will quote the official website to introduce the ADA token:
Ada is the native token of Cardano
It is named after Ada Lovelace: she was a 19th-century mathematician, recognized as the first computer programmer, and the daughter of the poet Lord Byron.
Ada is a digital currency. Any user located anywhere in the world can use ada to exchange value securely - without the need for a third party to mediate the exchange. Every transaction is permanently, securely and transparently recorded on the Cardano blockchain.
Each ada holder also holds a stake in the Cardano network. Ada stored in the wallet can be delegated to a stake pool to receive rewards - participate in the successful operation of the network - or set up and run your own stake pool to increase the possibility of the pool receiving rewards. Over time, ada will also be available for various applications and services on the Cardano platform.
Okay, thatâs all for today, and Iâll talk to you about more potential tokens another day.
Happy trading to all!
#CardanoSurCardanoSurge #CryptoMarketMoves #CryptoNewss #ADABullish #Write2Earn!
And just on this Sunday, it launched the "Chang" upgrade, marking a shift to decentralized governance for its entire ecosystem.
With the Chang upgrade live, ADA token holders will be able to shape the future of Cardano by electing governance representatives and voting on development proposals.
The transition to a decentralized structure brings Cardano more in line with the original spirit of decentralization in the blockchain industry, but they may also be seen as a way to avoid securities regulators by giving ADA additional utility.
This makes Cardano different from many other chains and can be said to be the first in a truly decentralized Layer 1.
$ADA analyse and prediction
The price of the cryptocurrency ADA did not soar due to this milestone event. The current price is $0.3278, down -3.22% in 24 hours.
However, let's take a look at its candlestick chart to see if it has potential.
In the monthly chart of ADA, I personally seem to see that it is about to form a "W" shape. It actually could be very good news. Because when it finish W shape, ADA's price is about 3USD. Dont you think that would be amazing?
But, there is small but, if the price of ADA will follow this "W" route, then the price of ADA may continue to go down first in order to form a W bottom, which is around 0.2338, and then, it may soar "thousands miles". đ
Just to be honest, this route may take many months to complete. I want to give it good wishes. Because it represents its huge potential and all investors and traders can profit from it.
Then let's take a look at the day chart, because this can really show the recent situation,help us trade better.
Now ADA has just popped down a little bit towards the support price of 0.3312. At this time, its direction is not very clear. I donât know whether it will bid farewell to this price or continue to go down to the nearest support price of 0.3182 below it, and then return.
I need more information, and this information will be told to us by the market.
What is ADA?
Finally, if some friends donât know ADA yet, I will quote the official website to introduce the ADA token:
Ada is the native token of Cardano
It is named after Ada Lovelace: she was a 19th-century mathematician, recognized as the first computer programmer, and the daughter of the poet Lord Byron.
Ada is a digital currency. Any user located anywhere in the world can use ada to exchange value securely - without the need for a third party to mediate the exchange. Every transaction is permanently, securely and transparently recorded on the Cardano blockchain.
Each ada holder also holds a stake in the Cardano network. Ada stored in the wallet can be delegated to a stake pool to receive rewards - participate in the successful operation of the network - or set up and run your own stake pool to increase the possibility of the pool receiving rewards. Over time, ada will also be available for various applications and services on the Cardano platform.
Okay, thatâs all for today, and Iâll talk to you about more potential tokens another day.
Happy trading to all!
#CardanoSurCardanoSurge #CryptoMarketMoves #CryptoNewss #ADABullish #Write2Earn!
$NOT ïŒ$TON & $DOGS Analyse Updates
This morning, I was ecstatic to say that NOT might be able to regroup, but looking at the market situation 10 hours later, it is not optimistic now.
#NOTđ„đ„đ„
Please see that there is a blue diagonal line in the first chart(pic1). As long as the price can stand on this restraining diagonal line, NOT will be alive.
But at this moment, NOT has fallen below the restraining line, which is actually very worrying.
If NOT continues to fall to the next support point, about 0.005USDT. Then NOT will go through a long period of adjustment and silence.
Let's take a look at the second chart again(pic2), and we see a glimmer of hope. Below the restraining line, a long-legged red candle appears, which is likely to end the drop. The final result, that is, whether this timely reversal is true, if it is true, can it successfully send NOT out of the restraining line? Or does this candle just push it to consolidation ? We will know the final result in a few hours.
#TON
Let's take a look at TON(pic4) is also falling, and it has not fallen through yet. Looking at this chart, it is obvious that it is halfway down.
But it also shown a 40% chance of rebounding.
This also needs time to prove.
#DOGSONBINANCE DOGS (pic 4)
Let's take a look at the newly listed DOGS Memecoin under the TON chain. It has just been born and there is little information to see.However, what makes me feel positive is that the current price of DOGS is above the center of pink oscillation, so it is very likely to rise. But we still have to wait for the opportunity.
What opportunity are we waiting for?
Wait until it completely gets rid of the pink oscillation zone, and if its price is higher than the oscillation zone, then in the short term, the price of DOGS may rise.
Yes, we are traders and investers, 80% time are waiting.
At last,good luck to TON chain coins, I personally love them, wish them the best.
#BinanceSquareFamily #Write2Earn!
This morning, I was ecstatic to say that NOT might be able to regroup, but looking at the market situation 10 hours later, it is not optimistic now.
#NOTđ„đ„đ„
Please see that there is a blue diagonal line in the first chart(pic1). As long as the price can stand on this restraining diagonal line, NOT will be alive.
But at this moment, NOT has fallen below the restraining line, which is actually very worrying.
If NOT continues to fall to the next support point, about 0.005USDT. Then NOT will go through a long period of adjustment and silence.
Let's take a look at the second chart again(pic2), and we see a glimmer of hope. Below the restraining line, a long-legged red candle appears, which is likely to end the drop. The final result, that is, whether this timely reversal is true, if it is true, can it successfully send NOT out of the restraining line? Or does this candle just push it to consolidation ? We will know the final result in a few hours.
#TON
Let's take a look at TON(pic4) is also falling, and it has not fallen through yet. Looking at this chart, it is obvious that it is halfway down.
But it also shown a 40% chance of rebounding.
This also needs time to prove.
#DOGSONBINANCE DOGS (pic 4)
Let's take a look at the newly listed DOGS Memecoin under the TON chain. It has just been born and there is little information to see.However, what makes me feel positive is that the current price of DOGS is above the center of pink oscillation, so it is very likely to rise. But we still have to wait for the opportunity.
What opportunity are we waiting for?
Wait until it completely gets rid of the pink oscillation zone, and if its price is higher than the oscillation zone, then in the short term, the price of DOGS may rise.
Yes, we are traders and investers, 80% time are waiting.
At last,good luck to TON chain coins, I personally love them, wish them the best.
#BinanceSquareFamily #Write2Earn!
$BTC Updates 28th August
My dear friends, I have not looked at the charts for two days in a row while I am on the road. But I am concerned about BTC, as well as altcoins.
Let's take a quick look at the current situation of BTC.The lines I drew before have not changed, but are just adjusted according to the situation.
Looking at the 4-h chart(pic 1), BTC is still active inside the channel. It peaked at $65,000 on both August 24 and 26, but it did not stand firmly and strongly.Then, BTC went straight down, and immediately stopped at the "sponge pad" support value of about $58,000 mentioned many times in my previous posts. We should remember this important support price for this moment.
I feel in the very short term, BTC's activity range is very small, and it is likely to be active from about 58,000 to the recent peak of about 65,000, which means that there is a high probability that BTC will not rise above 65,000.
Then let's take a look at the 30-minute chart (pic2). After zooming in, we can see that BTC did not go straight up after the plunge, but formed a high-pressure buying and selling area like an open trumpet.
Here, another possibility arises. BTC may also fall again. It will first be supported by the 58,000 support price, forming another high buying and selling pressure in that price range, and then it may fall to the next support price point of around 55,500 US dollars.
Honestly, at this time, it is a very difficult time for BTC.
We retail traders and investors must definitely pay more attention to it.
#BTCâ #CryptoMarketMoves #BinanceBlockchainWeek #Write2Earn!
My dear friends, I have not looked at the charts for two days in a row while I am on the road. But I am concerned about BTC, as well as altcoins.
Let's take a quick look at the current situation of BTC.The lines I drew before have not changed, but are just adjusted according to the situation.
Looking at the 4-h chart(pic 1), BTC is still active inside the channel. It peaked at $65,000 on both August 24 and 26, but it did not stand firmly and strongly.Then, BTC went straight down, and immediately stopped at the "sponge pad" support value of about $58,000 mentioned many times in my previous posts. We should remember this important support price for this moment.
I feel in the very short term, BTC's activity range is very small, and it is likely to be active from about 58,000 to the recent peak of about 65,000, which means that there is a high probability that BTC will not rise above 65,000.
Then let's take a look at the 30-minute chart (pic2). After zooming in, we can see that BTC did not go straight up after the plunge, but formed a high-pressure buying and selling area like an open trumpet.
Here, another possibility arises. BTC may also fall again. It will first be supported by the 58,000 support price, forming another high buying and selling pressure in that price range, and then it may fall to the next support price point of around 55,500 US dollars.
Honestly, at this time, it is a very difficult time for BTC.
We retail traders and investors must definitely pay more attention to it.
#BTCâ #CryptoMarketMoves #BinanceBlockchainWeek #Write2Earn!
Token $RENDER Analyse
$RENDER performed very well today, so far it gain 11.69% growth.
Why does it perform so well? Come with me to see its potential and near-term direction.
In the first picture, we see that the futures price has been moving within the trend line, and it sprinted three times during May this year, all of which were successful. Now that the price of the currency is in front of the trend line, time is of the essence. It depends on whether this token can really break through the obstacles, and multiple trials are not ruled out.
If it can successfully break through the block, it has great potential. The increase may be 30% to 60% or even higher in about 2 to 3 months .
In the second chart, we zoom in to take a closer look at the activity near the resistance line, where buying and selling pressure is now forming a downward sloping flag shape. Then it has great potential to break through the blocking line, and we hope its backtest is successful. The results may be seen in about 6 to 12 hours.
I'm looking forward to its performance.
Finally, letâs understand the general direction of the companies behind the following tokens.
"The Render Network is the first decentralized GPU rendering platform, empowering artists to scale GPU rendering work on-demand to high performance GPU Nodes around the world. Through a blockchain marketplace for idle GPU compute, the network provides artists the ability to scale next generation rendering work at fractions of the cost and at orders of magnitude increases in speed when compared to the centralized GPU cloud."
So it is technology category token. let's see how it performs.
#RenderNetwork #rendertoken #CryptoMarketMoves #Write2Earn! #BinanceBlockchainWeek
$RENDER performed very well today, so far it gain 11.69% growth.
Why does it perform so well? Come with me to see its potential and near-term direction.
In the first picture, we see that the futures price has been moving within the trend line, and it sprinted three times during May this year, all of which were successful. Now that the price of the currency is in front of the trend line, time is of the essence. It depends on whether this token can really break through the obstacles, and multiple trials are not ruled out.
If it can successfully break through the block, it has great potential. The increase may be 30% to 60% or even higher in about 2 to 3 months .
In the second chart, we zoom in to take a closer look at the activity near the resistance line, where buying and selling pressure is now forming a downward sloping flag shape. Then it has great potential to break through the blocking line, and we hope its backtest is successful. The results may be seen in about 6 to 12 hours.
I'm looking forward to its performance.
Finally, letâs understand the general direction of the companies behind the following tokens.
"The Render Network is the first decentralized GPU rendering platform, empowering artists to scale GPU rendering work on-demand to high performance GPU Nodes around the world. Through a blockchain marketplace for idle GPU compute, the network provides artists the ability to scale next generation rendering work at fractions of the cost and at orders of magnitude increases in speed when compared to the centralized GPU cloud."
So it is technology category token. let's see how it performs.
#RenderNetwork #rendertoken #CryptoMarketMoves #Write2Earn! #BinanceBlockchainWeek
Explore the latest crypto news
âĄïž Be a part of the latests discussions in crypto
đŹ Interact with your favorite creators
đ Enjoy content that interests you
Email / Phone number
Trending Topics
moonbix
29.5M views
23,300 Posts
Binance Moonbix Exclusive: Play & Trade to Share 145,000,000 DOGS & 15,000,000 NOT Rewards!
Binance Announcement
2.4k Likes
166k views
BTC60KResistance
1.3M views
968 Posts
USRateCutExpected
625,650 views
415 Posts
