binancetournament
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Join the Futures Grand Tournament to compete for a 3 Million USDT prize pool. By sharing your tournament experience on Binance Square, you stand a chance to win a share of an EXCLUSIVE 5,000 USDT prize pool.
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Post your #BinanceTournament Journey on Binance Square and Compete for 5,000 USDT!
Join the Futures Grand Tournament to compete for a 3 Million USDT prize pool. By sharing your tournament experience on Binance Square, you stand a chance to win a share of an EXCLUSIVE 5,000 USDT prize pool.
Activity Period: 2024-6-13 00:00 to 2024-7-14 23:59 (UTC)
How to Win?
Craft an original content related to #BinanceTournament on Binance Square and include "#BinanceTournament " in your content.Ensure your content has at least 200 characters and a minimum of three interactions (such as emojis, comments, shares, or quotes).
Consider the following topics:
How to join the #BinanceTournament tutorialsYour tournament experiences or insights Relevant industry news or event updatesMarket and trading analysis or tips
Increase your chances of winning by sharing your post for more interactions with your peers and the Binance Square community.
Promotion A: Community Engagement Pool (3,000 USDT in token voucher)
All users who create an eligible content piece during the Activity Period will qualify for an equal share of the 3,000 USDT rewards pool.
Promotion B: Top Contents Pool (2,000 USDT in token voucher)
The top 10 eligible content pieces with the most interactions (i.e., the total number of emojis, comments, shares or quotes) will be rewarded as follows:
Terms & Conditions
This activity may not be available in your region. Only tournament-related content (i.e., short post, article, or poll) that includes #BinanceTournament , garners at least three interactions (i.e., the total number of emojis, comments, shares or quotes), and contains more than 200 characters, will be considered eligible. Any instances of hashtag abuse will result in exclusion from the campaign.Submissions will be evaluated by a panel from the Binance Square team, based on topic relevance, formatting, research quality, factual sourcing, and originality. Posts that attempt to boost engagement by Red Packets and giveaways will be disqualified.Only original, new content qualifies. Previous submissions are ineligible.You can create multiple content and potentially win in both promotions. However, each user is only entitled to 1 reward in promotion B.
Winners will be notified via a push notification under Creator Center > Square Assistant within 15 working days after the activity end. The USDT token voucher rewards will be distributed within 15 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments. Binance reserves the right of final interpretation of this activity.This Campaign and the Futures Grand Tournament is only available to users who are eligible for Binance Futures trading and may not be available or may be restricted in certain jurisdictions or regions or to certain users, depending on legal and regulatory requirements.
Activity Period: 2024-6-13 00:00 to 2024-7-14 23:59 (UTC)
How to Win?
Craft an original content related to #BinanceTournament on Binance Square and include "#BinanceTournament " in your content.Ensure your content has at least 200 characters and a minimum of three interactions (such as emojis, comments, shares, or quotes).
Consider the following topics:
How to join the #BinanceTournament tutorialsYour tournament experiences or insights Relevant industry news or event updatesMarket and trading analysis or tips
Increase your chances of winning by sharing your post for more interactions with your peers and the Binance Square community.
Promotion A: Community Engagement Pool (3,000 USDT in token voucher)
All users who create an eligible content piece during the Activity Period will qualify for an equal share of the 3,000 USDT rewards pool.
Promotion B: Top Contents Pool (2,000 USDT in token voucher)
The top 10 eligible content pieces with the most interactions (i.e., the total number of emojis, comments, shares or quotes) will be rewarded as follows:
Terms & Conditions
This activity may not be available in your region. Only tournament-related content (i.e., short post, article, or poll) that includes #BinanceTournament , garners at least three interactions (i.e., the total number of emojis, comments, shares or quotes), and contains more than 200 characters, will be considered eligible. Any instances of hashtag abuse will result in exclusion from the campaign.Submissions will be evaluated by a panel from the Binance Square team, based on topic relevance, formatting, research quality, factual sourcing, and originality. Posts that attempt to boost engagement by Red Packets and giveaways will be disqualified.Only original, new content qualifies. Previous submissions are ineligible.You can create multiple content and potentially win in both promotions. However, each user is only entitled to 1 reward in promotion B.
Winners will be notified via a push notification under Creator Center > Square Assistant within 15 working days after the activity end. The USDT token voucher rewards will be distributed within 15 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments. Binance reserves the right of final interpretation of this activity.This Campaign and the Futures Grand Tournament is only available to users who are eligible for Binance Futures trading and may not be available or may be restricted in certain jurisdictions or regions or to certain users, depending on legal and regulatory requirements.
South Korea’s National Assembly has unanimously passed a bill that obligates lawmakers and high-ranking public officials to report on their crypto assets. The lawmakers approved the new bill during a plenary session on May 25, the local news agency News1 reported.#binancepizza #feedfeverchallenge #binancetournament #googleai #keepbuilding
#binancetournament #BinanceWish #BinanceSeasonOfGiving #BinanceChallenge #BinanceChristmas
Binance Red packet give away!
code: BPCQW7QW1M
happy to enjoy your day 😊!
Binance Red packet give away!
code: BPCQW7QW1M
happy to enjoy your day 😊!
In Binance, we Finance with FINNESE.
Don't be left out !!
Happy PROSPEROUS New CRYPTO Year Ahead !!
#binancetournament
#BinanceLaunchpool.
#BinanceSeasonOfGiving
Don't be left out !!
Happy PROSPEROUS New CRYPTO Year Ahead !!
#binancetournament
#BinanceLaunchpool.
#BinanceSeasonOfGiving
Crypto project Worldcoin has reportedly raised $115 million in a Series C round led by Blockchain Capital. Funds will be used to support its decentralized World ID and the recently released crypto wallet World App. #binancepizza #googleai #feedfeverchallenge #binancetournament #keepholding
💰Achieving Millionaire Status: A Step-by-Step Guide 💰
Embarking on the path to financial success requires a few key ingredients:
Savings of $500-$1,000Access to a smartphone or laptop Reliable internet connection Dedication to researching cryptocurrency Patience Commitment over 2-4 years
If you're reading this, consider yourself fortunate, as:
✅ #Altseason is on the horizon
✅ #BTC halving is approaching
✅ The Bull Run is gaining momentum
‼️ CRUCIALLY ‼️
Authenticity and sincerity with yourself are essential to this journey.
It's time to seize the opportunities presented by the crypto landscape.
Act swiftly and purposefully.
#binancetournament
Embarking on the path to financial success requires a few key ingredients:
Savings of $500-$1,000Access to a smartphone or laptop Reliable internet connection Dedication to researching cryptocurrency Patience Commitment over 2-4 years
If you're reading this, consider yourself fortunate, as:
✅ #Altseason is on the horizon
✅ #BTC halving is approaching
✅ The Bull Run is gaining momentum
‼️ CRUCIALLY ‼️
Authenticity and sincerity with yourself are essential to this journey.
It's time to seize the opportunities presented by the crypto landscape.
Act swiftly and purposefully.
#binancetournament
🚨 Breaking News: The cybercriminal behind the $230 million WazirX hack has shifted an additional $57 million of the stolen funds. This move seems to be aimed at bolstering their bug bounty program.
The hacker's recent actions have garnered considerable attention, underscoring the persistent risks and vulnerabilities within the cryptocurrency sector. This event highlights the critical need for stringent security measures across all digital asset platforms.
For newcomers, this serves as a stark reminder to stay vigilant and informed about potential threats in the crypto world. Prioritizing security on exchanges is essential to building trust and stability in the industry.
#Write2Earn! #megadrop #ETHETFsApproved #BinanceTurns7 #binancetournament
The hacker's recent actions have garnered considerable attention, underscoring the persistent risks and vulnerabilities within the cryptocurrency sector. This event highlights the critical need for stringent security measures across all digital asset platforms.
For newcomers, this serves as a stark reminder to stay vigilant and informed about potential threats in the crypto world. Prioritizing security on exchanges is essential to building trust and stability in the industry.
#Write2Earn! #megadrop #ETHETFsApproved #BinanceTurns7 #binancetournament
🔈Trump is the first candidate for president that was speaking at the annual $BTC convention. He expressed his desires for the future of Bitcoin, Crypto and AI and what he will do regarding those technologies.
❕About Bitcoin he told that is required a lot of energy to mine it and China is taking the lead in this. So to beat them he intend to build the biggest farms for Bitcoin in USA and provide as much energy as it will require to mine more then China.
❕❕About Crypto in general he expressed a huge interest in particular in projects regarding AI development and that in general he wants to make USA the leading in those technologies
❕❕❕Again about Bitcoin he told that its one of the largest assets in the world and that he thinks that it can outperform Gold (16 Trillions Market Cap). If this happens Bitcoin that now is sitting at 1.4B market cap for a price of almost $70k should go above $800k. If Trump will make USA that has around 42% of world GDP to buy Bitcoin to store it as a national asset it can easily reach those levels and considering that for him is an existential race like it was the race against URSS to get into space it can even go way higher.
⛔️ Conclusion: If in October Trump will become the new USA president we can expect a massive rise over the next 4 years.
$BTC #BTC☀ #bitcoin☀️ #BinanceTurns7 #binancetournament #BinanceHODLerBANANA
❕About Bitcoin he told that is required a lot of energy to mine it and China is taking the lead in this. So to beat them he intend to build the biggest farms for Bitcoin in USA and provide as much energy as it will require to mine more then China.
❕❕About Crypto in general he expressed a huge interest in particular in projects regarding AI development and that in general he wants to make USA the leading in those technologies
❕❕❕Again about Bitcoin he told that its one of the largest assets in the world and that he thinks that it can outperform Gold (16 Trillions Market Cap). If this happens Bitcoin that now is sitting at 1.4B market cap for a price of almost $70k should go above $800k. If Trump will make USA that has around 42% of world GDP to buy Bitcoin to store it as a national asset it can easily reach those levels and considering that for him is an existential race like it was the race against URSS to get into space it can even go way higher.
⛔️ Conclusion: If in October Trump will become the new USA president we can expect a massive rise over the next 4 years.
$BTC #BTC☀ #bitcoin☀️ #BinanceTurns7 #binancetournament #BinanceHODLerBANANA
Technical Analysis Report: $BTC
BTC
67,191.69
-1.07%
Current Price: $68,048.77
Resistance Levels:
1. $68,280.57 (MA 25)
2. $69,399.99 (24h High)
Support Levels:
1. $68,180.64 (MA 7)
2. $66,650.00 (24h Low
Breakout Possibilities:
1. Bullish Breakout:
- A confirmed bullish breakout will occur if BTC/USDT closes above the resistance level of $68,280.57 (MA 25) with a strong volume. In this case, the next target would be the 24h high at $69,399.99. If it surpasses this level, it may aim for $70,000 and beyond.
2. Bearish Breakout:
- A bearish breakout would be confirmed if BTC/USDT closes below the support level of $66,650.00. This could lead to a further decline, targeting the next support levels around $66,000 and potentially lower.
The market shows significant volatility, and traders should watch for confirmed breakouts above resistance or below support levels before entering trades.
#BTC☀ #Write2Earn! #BinanceTurns7it #megadrop #binancetournament
BTC
67,191.69
-1.07%
Current Price: $68,048.77
Resistance Levels:
1. $68,280.57 (MA 25)
2. $69,399.99 (24h High)
Support Levels:
1. $68,180.64 (MA 7)
2. $66,650.00 (24h Low
Breakout Possibilities:
1. Bullish Breakout:
- A confirmed bullish breakout will occur if BTC/USDT closes above the resistance level of $68,280.57 (MA 25) with a strong volume. In this case, the next target would be the 24h high at $69,399.99. If it surpasses this level, it may aim for $70,000 and beyond.
2. Bearish Breakout:
- A bearish breakout would be confirmed if BTC/USDT closes below the support level of $66,650.00. This could lead to a further decline, targeting the next support levels around $66,000 and potentially lower.
The market shows significant volatility, and traders should watch for confirmed breakouts above resistance or below support levels before entering trades.
#BTC☀ #Write2Earn! #BinanceTurns7it #megadrop #binancetournament
Me checking my crypto portfolio every five minutes, hoping for a Lamborghini... but settling for a Lambo meme."
#binancetournament #googleai #feedfeverchallenge #bitcoin #cryptomemes
#binancetournament #googleai #feedfeverchallenge #bitcoin #cryptomemes
🚨 Coinbase Promotes cbBTC: A Wrapped Bitcoin Alternative for Base Blockchain! 🚨
Coinbase is making waves with the promotion of cbBTC, a wrapped Bitcoin alternative designed for the Base blockchain. Recent tweets from the crypto exchange and Jesse Pollak, the creator of Base, hint at the exciting possibility of cbBTC running on this layer-2 blockchain. This move could enhance Bitcoin’s utility on the Base network, providing users with more flexibility and integration options. As Coinbase continues to innovate, cbBTC might just be the next big thing in the crypto space, bridging the gap between Bitcoin and advanced blockchain technology. 🌐🔗
#MarketDownturn #BinanceTurns7 #ETHETFsApproved #binancetournament #megadrop
Coinbase is making waves with the promotion of cbBTC, a wrapped Bitcoin alternative designed for the Base blockchain. Recent tweets from the crypto exchange and Jesse Pollak, the creator of Base, hint at the exciting possibility of cbBTC running on this layer-2 blockchain. This move could enhance Bitcoin’s utility on the Base network, providing users with more flexibility and integration options. As Coinbase continues to innovate, cbBTC might just be the next big thing in the crypto space, bridging the gap between Bitcoin and advanced blockchain technology. 🌐🔗
#MarketDownturn #BinanceTurns7 #ETHETFsApproved #binancetournament #megadrop
🚨 Just hit our target with another 💯 accuracy 🚨 That hit SHORT🚨🚨Who made quick shirt entry are enjoying now 👌👌✅✅
My latest crypto signal was spot on, and we’ve successfully touched the target price. 📈
This is what accurate analysis looks like – stay tuned for more profitable signals! 💰
#CryptoDawar #MarketDownturn #BinanceTurns7 #Write2Earn! #binancetournament
My latest crypto signal was spot on, and we’ve successfully touched the target price. 📈
This is what accurate analysis looks like – stay tuned for more profitable signals! 💰
#CryptoDawar #MarketDownturn #BinanceTurns7 #Write2Earn! #binancetournament
LIVE
ZENITH ZORO
--
Bearish
🚨😳😳$SUI /USDT !! BE ALERT FOR ENTRY😳😳🚨🚨
Thats pair on a 1-hour timeframe. The price is currently following a descending channel pattern, which is generally a bearish continuation pattern. The price has been consistently moving downward within this channel.
Trend Explanation:
- Current Trend:The price is in a downtrend as indicated by the series of lower highs and lower lows within the descending channel.
- Channel Resistance:The upper boundary of the descending channel acts as resistance, preventing the price from breaking out upward.
- Channel Support: The lower boundary of the channel provides support, but the price is expected to continue downward as long as it remains within the channel.
#Breakout Analysis:
Bearish Breakout:The yellow arrows suggest that the price may break out below the descending channel. If the price breaks below the support line of the channel, it is likely to follow the yellow arrows, leading to a further decline.
- Downward Move:The breakout could trigger a significant downward move, potentially targeting the $0.70 to $0.65 range based on the projection of the channel width and the momentum of the current downtrend.
This suggests a bearish outlook for SUI/USDT unless there is a strong reversal or breakout above the channel resistance.
#MarketDownturn #BinanceTurns7 #ETHETFsApproved #megadrop #Write2Earn!
Thats pair on a 1-hour timeframe. The price is currently following a descending channel pattern, which is generally a bearish continuation pattern. The price has been consistently moving downward within this channel.
Trend Explanation:
- Current Trend:The price is in a downtrend as indicated by the series of lower highs and lower lows within the descending channel.
- Channel Resistance:The upper boundary of the descending channel acts as resistance, preventing the price from breaking out upward.
- Channel Support: The lower boundary of the channel provides support, but the price is expected to continue downward as long as it remains within the channel.
#Breakout Analysis:
Bearish Breakout:The yellow arrows suggest that the price may break out below the descending channel. If the price breaks below the support line of the channel, it is likely to follow the yellow arrows, leading to a further decline.
- Downward Move:The breakout could trigger a significant downward move, potentially targeting the $0.70 to $0.65 range based on the projection of the channel width and the momentum of the current downtrend.
This suggests a bearish outlook for SUI/USDT unless there is a strong reversal or breakout above the channel resistance.
#MarketDownturn #BinanceTurns7 #ETHETFsApproved #megadrop #Write2Earn!
🚨🚨Elon Musk has once again sparked discussion on X, addressing the government's response to inflation. 🚨🚨
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Recently expressing support for Donald Trump, Musk criticized the Biden administration, suggesting that the government’s excessive spending is a key driver of inflation. He pointed out that when the government overspends, it resorts to printing more money, which further fuels inflation. Musk emphasized that to effectively tackle inflation, it’s essential to reduce wasteful spending and ensure that taxpayer money is used efficiently.
While some economists debate whether the U.S. might face a recession or a financial crisis, Musk's straightforward take has resonated with many. However, those aligned with the Democratic Party have countered his claims, highlighting that inflation has recently dropped below 3%.
Musk's history with cryptocurrency also adds an interesting layer to the conversation. In 2021, his tweets significantly influenced the crypto market, particularly Bitcoin and Dogecoin, and he even considered accepting Bitcoin for Tesla payments before reversing his stance due to environmental concerns. Recently, X, under Musk's leadership, removed the Bitcoin emoji without providing any explanation, which stirred curiosity among crypto enthusiasts. Despite Bitcoin being a topic of discussion in Trump’s campaign, Musk did not bring it up during his latest "Space" broadcast.
#MarketDownturn #BinanceTurns7 #MtGoxJulyRepayments #Write2Earn! #binancetournament
Vote for me
Recently expressing support for Donald Trump, Musk criticized the Biden administration, suggesting that the government’s excessive spending is a key driver of inflation. He pointed out that when the government overspends, it resorts to printing more money, which further fuels inflation. Musk emphasized that to effectively tackle inflation, it’s essential to reduce wasteful spending and ensure that taxpayer money is used efficiently.
While some economists debate whether the U.S. might face a recession or a financial crisis, Musk's straightforward take has resonated with many. However, those aligned with the Democratic Party have countered his claims, highlighting that inflation has recently dropped below 3%.
Musk's history with cryptocurrency also adds an interesting layer to the conversation. In 2021, his tweets significantly influenced the crypto market, particularly Bitcoin and Dogecoin, and he even considered accepting Bitcoin for Tesla payments before reversing his stance due to environmental concerns. Recently, X, under Musk's leadership, removed the Bitcoin emoji without providing any explanation, which stirred curiosity among crypto enthusiasts. Despite Bitcoin being a topic of discussion in Trump’s campaign, Musk did not bring it up during his latest "Space" broadcast.
#MarketDownturn #BinanceTurns7 #MtGoxJulyRepayments #Write2Earn! #binancetournament
🚨😳😳Dubai Court Validates Cryptocurrency for Salary Payments!😳😳🚨🚨✅
Dubai has set a new standard by legally approving cryptocurrency as a legitimate form of salary payment, reinforcing its position as a global leader in digital currency adoption.
A Landmark Ruling in Dubai's Labor Court
In a landmark case, a former employee successfully sued their employer for not paying wages in cryptocurrency as agreed. The employee was owed 5,250 EcoWatt tokens, representing six months of salary. This is the first time Dubai’s courts have recognized cryptocurrency as a valid form of salary payment, according to the Wasel & Wasel legal firm. The court ordered the employer to pay the due amount in EcoWatt tokens, as per the employment contract.
A Shift in Legal Perspective
This ruling marks a significant change from a 2023 case where the court ruled against a similar claim due to the challenges of valuing cryptocurrency. However, with improved documentation and clarity in this recent case, the court acknowledged digital assets as a legitimate method of payment.
#MarketDownturn #BinanceTurns7 #ETHETFsApproved #megadrop #binancetournament
Dubai has set a new standard by legally approving cryptocurrency as a legitimate form of salary payment, reinforcing its position as a global leader in digital currency adoption.
A Landmark Ruling in Dubai's Labor Court
In a landmark case, a former employee successfully sued their employer for not paying wages in cryptocurrency as agreed. The employee was owed 5,250 EcoWatt tokens, representing six months of salary. This is the first time Dubai’s courts have recognized cryptocurrency as a valid form of salary payment, according to the Wasel & Wasel legal firm. The court ordered the employer to pay the due amount in EcoWatt tokens, as per the employment contract.
A Shift in Legal Perspective
This ruling marks a significant change from a 2023 case where the court ruled against a similar claim due to the challenges of valuing cryptocurrency. However, with improved documentation and clarity in this recent case, the court acknowledged digital assets as a legitimate method of payment.
#MarketDownturn #BinanceTurns7 #ETHETFsApproved #megadrop #binancetournament
🚨😳😳New Zealand Orders Kim Dotcom’s Extradition to the U.S.😳😳🚨🚨
After a prolonged 12-year legal battle, New Zealand has finally ordered the extradition of Kim Dotcom to the United States. This decision stems from allegations that Dotcom facilitated the sharing of copyrighted content, leading to over $500 million in losses. The legal wrangling began in 2012 when the FBI raided Dotcom's Megaupload platform.
On August 15, 2024, New Zealand’s Justice Minister, Paul Goldsmith, confirmed the extradition order, marking the latest chapter in this high-profile case. A spokesperson from the Ministry of Justice stated that Dotcom will be sent to the U.S. to stand trial, though he has a brief window to review the decision and seek legal counsel before the extradition proceeds.
Dotcom took to social media to denounce the decision, suggesting that New Zealand was bowing to U.S. pressure. He argued that the charges are linked to user-uploaded content on Megaupload, a platform that was shut down following the 2012 raid. U.S. authorities allege that Dotcom and three other executives caused significant financial harm to the entertainment industry by enabling the distribution of pirated material. The platform reportedly earned over $175 million in revenue during its operation.
This ruling underscores the ongoing challenges surrounding digital content regulation and international legal cooperation. Dotcom's extradition is expected to shed further light on the complexities of addressing digital crimes and how international law enforcement agencies collaborate in such cases. The outcome of his trial in the U.S. could have significant implications for future cases involving digital content and global law enforcement efforts.
#MarketDownturn #SahmRule #BinanceHODLerBANANA #BinanceTurns7 #binancetournament
After a prolonged 12-year legal battle, New Zealand has finally ordered the extradition of Kim Dotcom to the United States. This decision stems from allegations that Dotcom facilitated the sharing of copyrighted content, leading to over $500 million in losses. The legal wrangling began in 2012 when the FBI raided Dotcom's Megaupload platform.
On August 15, 2024, New Zealand’s Justice Minister, Paul Goldsmith, confirmed the extradition order, marking the latest chapter in this high-profile case. A spokesperson from the Ministry of Justice stated that Dotcom will be sent to the U.S. to stand trial, though he has a brief window to review the decision and seek legal counsel before the extradition proceeds.
Dotcom took to social media to denounce the decision, suggesting that New Zealand was bowing to U.S. pressure. He argued that the charges are linked to user-uploaded content on Megaupload, a platform that was shut down following the 2012 raid. U.S. authorities allege that Dotcom and three other executives caused significant financial harm to the entertainment industry by enabling the distribution of pirated material. The platform reportedly earned over $175 million in revenue during its operation.
This ruling underscores the ongoing challenges surrounding digital content regulation and international legal cooperation. Dotcom's extradition is expected to shed further light on the complexities of addressing digital crimes and how international law enforcement agencies collaborate in such cases. The outcome of his trial in the U.S. could have significant implications for future cases involving digital content and global law enforcement efforts.
#MarketDownturn #SahmRule #BinanceHODLerBANANA #BinanceTurns7 #binancetournament
🚨 $BTC /USDT Technical Analysis 🚨A LOT OF ALREADY MADE MONEY BY THIS SIGNAL✅
Current Price: $59,344.46
Bitcoin is currently trading within a range, with resistance around $62,000 and support near $58,000. Recently, we observed a bullish attempt to break out from the lower boundary of this range. A clear breakout above the $62,000 resistance could potentially lead to a continuation of the upward trend, targeting higher levels.
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Breakout Scenarios:
Bullish Breakout: If $BTC can close above the $62,000 resistance level, it may trigger a strong upward momentum. Potential targets could be around $64,000 and $66,000.
Bearish Rejection: On the flip side, failure to sustain above the $62,000 level could lead to a pullback towards the $58,000 support zone, where buyers might look for another opportunity.
Traders should keep a close watch on these key levels for possible trade setups, with attention to the breakout direction and confirmation signals.
#MarketDownturn #BinanceTurns7 #Write2Earn! #megadrop #binancetournament
Current Price: $59,344.46
Bitcoin is currently trading within a range, with resistance around $62,000 and support near $58,000. Recently, we observed a bullish attempt to break out from the lower boundary of this range. A clear breakout above the $62,000 resistance could potentially lead to a continuation of the upward trend, targeting higher levels.
Vote for me
Breakout Scenarios:
Bullish Breakout: If $BTC can close above the $62,000 resistance level, it may trigger a strong upward momentum. Potential targets could be around $64,000 and $66,000.
Bearish Rejection: On the flip side, failure to sustain above the $62,000 level could lead to a pullback towards the $58,000 support zone, where buyers might look for another opportunity.
Traders should keep a close watch on these key levels for possible trade setups, with attention to the breakout direction and confirmation signals.
#MarketDownturn #BinanceTurns7 #Write2Earn! #megadrop #binancetournament
Hey Binance Community! 🌟
Your opportunity to earn $5 daily by voting is still here—just 13 days left! 💸
Here’s how to join in:
Vote me
1. Head to my Binance Square and cast your vote.
2. Retweet, like, and tag your friends to get the word out!
Let’s make this happen! 🚀
#MarketDownturn #BinanceTurns7 #binancetournament #Write2Earn! #BinanceHODLerBANANA
Your opportunity to earn $5 daily by voting is still here—just 13 days left! 💸
Here’s how to join in:
Vote me
1. Head to my Binance Square and cast your vote.
2. Retweet, like, and tag your friends to get the word out!
Let’s make this happen! 🚀
#MarketDownturn #BinanceTurns7 #binancetournament #Write2Earn! #BinanceHODLerBANANA
Ethereum ($ETH /USDT) - 4H Chart Analysis:
Current Price:$2,600.92
1. Ascending Channel Breakout:The chart shows an ascending channel pattern forming between August 8 and August 15. However, this channel was broken to the downside around August 15, signaling a potential bearish reversal.
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2. Bearish Flag Formation:Following the channel breakdown, ETH/USDT appears to have formed a bearish flag, a continuation pattern that often leads to further downward movement. This pattern is highlighted in yellow.
3. Support Zone:There is a critical support zone around $2,550 - $2,560, marked by the purple box. This level has been tested multiple times and has held firm, making it a significant level to watch.
4. Price Consolidation:After the bearish flag breakdown, ETH/USDT is currently consolidating around $2,600. The consolidation is occurring just above the support zone, indicating that bulls are attempting to defend this level.
Potential Scenarios:
- Bullish Scenario:If ETH/USDT manages to break above $2,620, we could see a retest of the $2,700 - $2,750 resistance zone, which aligns with the top of the previous ascending channel.
- Bearish Scenario:A decisive break below the $2,550 support could lead to a sharp decline towards $2,450 or even lower, confirming the bearish continuation from the flag pattern.
Key Levels to Watch:
- Resistance:$2,620, $2,700, $2,750
- Support: $2,550, $2,450
Traders should watch for price action around these key levels to gauge the next potential move.
#MarketDownturn #BinanceTurns7 #binancetournament #Write2Earn! #ETHETFsApproved
Current Price:$2,600.92
1. Ascending Channel Breakout:The chart shows an ascending channel pattern forming between August 8 and August 15. However, this channel was broken to the downside around August 15, signaling a potential bearish reversal.
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2. Bearish Flag Formation:Following the channel breakdown, ETH/USDT appears to have formed a bearish flag, a continuation pattern that often leads to further downward movement. This pattern is highlighted in yellow.
3. Support Zone:There is a critical support zone around $2,550 - $2,560, marked by the purple box. This level has been tested multiple times and has held firm, making it a significant level to watch.
4. Price Consolidation:After the bearish flag breakdown, ETH/USDT is currently consolidating around $2,600. The consolidation is occurring just above the support zone, indicating that bulls are attempting to defend this level.
Potential Scenarios:
- Bullish Scenario:If ETH/USDT manages to break above $2,620, we could see a retest of the $2,700 - $2,750 resistance zone, which aligns with the top of the previous ascending channel.
- Bearish Scenario:A decisive break below the $2,550 support could lead to a sharp decline towards $2,450 or even lower, confirming the bearish continuation from the flag pattern.
Key Levels to Watch:
- Resistance:$2,620, $2,700, $2,750
- Support: $2,550, $2,450
Traders should watch for price action around these key levels to gauge the next potential move.
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$SOL /USDT Latest Update✅✅NEVER MISS MY SIGNALS AS YOU SEEING PERFECT
Current Price: $139.28
Solana is showing signs of bearish momentum after failing to hold above the key support zone around $140. This level has now turned into a resistance area, signaling potential further downside movement. The price is currently trending downward, with key support around the $130 level.
Breakout Scenarios:
Bearish Continuation: If $SOL breaks below the $130 support level, it could trigger a significant drop, with the next target potentially around $120, where further support may be found.
Bullish Reversal: A strong bounce from the $130 level or a reclaim of the $140 resistance could shift momentum back to the bulls, with a potential target near $150, marked by the previous high.
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Current Price: $139.28
Solana is showing signs of bearish momentum after failing to hold above the key support zone around $140. This level has now turned into a resistance area, signaling potential further downside movement. The price is currently trending downward, with key support around the $130 level.
Breakout Scenarios:
Bearish Continuation: If $SOL breaks below the $130 support level, it could trigger a significant drop, with the next target potentially around $120, where further support may be found.
Bullish Reversal: A strong bounce from the $130 level or a reclaim of the $140 resistance could shift momentum back to the bulls, with a potential target near $150, marked by the previous high.
#MarketDownturn #MtGoxJulyRepayments #BinanceTurns7 #Write2Earn! #binancetournament