After the market rose to 65,000 yesterday, the selling pressure was strong from above, and it finally succumbed to pressure and fluctuated downward. So far, the lowest price has reached around 62,657.
From the four-hour level, the Bollinger Bands are shrinking. The BTC price has been fluctuating near the middle line and the upper line before a certain retracement. There are also frequent long-term conversions, and the oscillation pattern will continue.
The EMA is diverging downward and is in a sticky state at any time. Overall, it is still expected to fluctuate and consolidate. However, due to the suppression of the upper line, the strength of this line. The rebound is weak and still needs to be called back in the short term.
Suggested action: buy in the 62600-62800 area, target is around 63700-64000
Have a nice day everyone
$BTC #Write2Win #binance #btc
Let's exchange kban o.587..z67..699

Analysis $BTC
Last night and early this morning, BTC fell sharply, from yesterday's high of 63878, early this morning it approached the 58k zone, currently recovering to the 59k zone, more than 280M USD long orders were liquidated in the past 24 hours! The market is too cruel, not caring about small investors, last night the bookies wiped out a bunch of liquidity!
Last night when 61850 was broken, the price plummeted, need to pay attention to the movements at important points!
Support zone 58500-57500, temporary resistance at 60000
The sharp decline last night once again reminded us that, recently can not trade short-term with any strategy, once you prepare the strategy, the market will overthrow you, continue to push small investors into high-frequency short-term trading, and then continue to create big fluctuations to harvest!
The important point to pay attention to today is 58500, if this point is broken and does not recover, then it will continue to fall during the day, so observe more, do not rush to trade! At present, most altcoins have fallen to the starting point of the rise, but there are still about ten days until September 6/7, still need to be cautious, near the end of the month there will be a strong fluctuation
#Write2Win #binance #btc

$FLOKI Buy 40% Stake in GraFun on BNB Chain!!!
According to BlockBeats, on September 27, Floki announced on social media that it will buy a 40% stake in GraFun, a platform for issuing and trading Meme coins on the BNB Chain. This acquisition will allow Floki to receive 40% of the revenue from GraFun's issuance platform. This move is expected to benefit both FLOKI and TOKEN holders.

#Write2Win #IntroToCopytrading #AirdropGuide

Avalanche price $AVAX has broken through a key resistance level, sparking optimism after two months of decline. The breakout coincides with significant network developments, most notably the Avalanche Foundation’s $40 million Retro9000 Grant Program. This initiative, combined with a major mainnet upgrade, aims to strengthen the ecosystem. Could this push AVAX price to $40?

The Retro9000 Grant Program supports testnet and mainnet developers, incentivizing L1 blockchain development on Avalanche. Data from DeFiLlama shows that Avalanche’s Total Value Locked (TVL) is increasing alongside the price, indicating growing confidence. Current TVL is $1.043 billion, up 55% from a low of $672 million in July.

Avalanche price is up 7% in 24 hours, trading at $29.42. Technical analysis shows significant buying pressure, which could push AVAX price up 36% to $40.

Key Indicators:

- 55% TVL increase in two months
- Current TVL is $1.043 billion
- 7% price increase in 24 hours
- Potential price target of $40

As crypto market confidence grows, fueled by technical indicators and increased developer activity, significant upside potential for AVAX is on the horizon. The Retro9000 grant program and mainnet upgrade will likely attract more developers and users, increasing demand for $AVAX .

Additionally, Avalanche’s scalability and security features make it an attractive option for decentralized applications (dApps). With its mainnet upgrade and funding program, Avalanche is well positioned for significant growth.

#Write2Win #IntroToCopytrading #MarketDownturn

Yesterday, the initial jobless claims were reported at 218,000, lower than the expected 225,000. The previous value of 219,000 was revised up to 222,000, indicating that the previous value increased while expectations decreased, indicating that the job market will decline slightly! This suggests a bearish signal, but in fact, it will be a bullish signal for the cryptocurrency market!

From a technical perspective, the daily chart shows a large bullish candle with a long upper shadow. In an uptrend, the Bollinger Bands have not opened significantly, indicating that the bullish strength is not enough. The MACD indicator is also in the oversold zone with three lines converging, waiting for a pullback to correct. The KDJ double line is in a high position and the trading volume has decreased significantly, the coin price is strong against the indicators!
On the 4-hour chart, the coin price consolidates at the high from midnight to early morning, with the Bollinger Bands expanding. The coin price is running near the upper Bollinger Bands, with the three KDJ lines forming a golden cross and diverging upward. The MACD double line is also showing a golden cross trend. Overall, the coin's bullish strength is relatively strong, but there is also considerable pressure above, so we must be cautious of the strength of a potential short-term pullback! Therefore, for intraday operations, Conan recommends focusing on long positions during the pullback! The upper pressure levels to watch are 66,000 and 67,000, while the lower support levels are 64,500, 64,000 and 63,000!
Recommended strategy: sell at 65,500-65,800, targeting 65.000-64,500.
Wish you a successful transaction

$BTC
#Write2Win

Good morning guys, BTC price yesterday rose in the morning and then started to adjust, the lowest level has dropped below 63000, has reached the target of 63400-63000!
Recently, the price trend has been quite slow, yesterday morning the price was still under pressure at the 65000 threshold, this is a strong resistance level, in the short term it may be difficult to overcome immediately, but in general the trend is still in the bulls' favor, so the next action will still be to buy at low levels.
Regarding the technical structure, the current four-hour level is showing an upward oscillation adjustment channel, the price is currently moving very regularly within this channel, if the channel is not broken, we just need to participate in buying at low levels around the channel. Adjustment recommendation: When the price corrects to 63000-62600, buy, target up to 64500 and protect at 62000.
Wish you all a successful transaction

$BTC
#Write2Win #AirdropGuide #TopCoinsJune2024

Although the daily chart closed the green candle in the morning, there was no continuation of the uptrend during the day, the highest peak touched 64846 and then turned down, the selling strategy I gave this morning was completed perfectly for you.
KDJ's daily chart has been in the oversold zone for a long time, turning down many times but there is no big decline space! The recovery at midnight was affected by the US stock market, but the US stock market did not have such a big increase! MACD is also extending at a high level, but the trading volume is down, so Conan still looks quite bearish! Tonight's trading strategy, Conan recommends selling when there is a recovery! The resistance level above is 64200 and 65000, the support level below is 63000, 62500 and 62000, the dispute point between the two sides is near 61500.
Currently, you can wait to buy in the 63400-63000 area, the target is towards the 64200 area
Chsuc you successfully traded
$BTC
#Write2Win #AirdropGuide #BinanceTurns7

Yesterday, $BTC made a purchase, reaching 1500 points, . In the middle of the night, the US stock market rebounded strongly, Bitcoin quickly caught up and returned to near the previous high!

Today, Bitcoin continued to rise again, in the uptrend, obviously could not withstand a little stimulation, after the US stock market rebounded strongly, Bitcoin also started a strong recovery path. At present, it is still operating below the upper line of Bollinger Bands, while the lower line of Bollinger Bands is seriously narrowing. KDJ three lines are in the oversold zone and are turning up strongly, KDJ two lines are rising, but the trading volume is gradually shrinking. Although the major trend is still bullish, we need to guard against correction!
Looking at the four-hour time frame, after the cryptocurrency price fluctuated up and down, due to the strong recovery of the US stock market, the cryptocurrency price rose sharply with a large candle breaking the upper line of the Bollinger Bands. From midnight to morning, there was no major correction, but in the morning, in the uptrend, a bearish candle with a morning star shape was formed. The signal of a bearish candle at a high is something that everyone should be clear about! Therefore, today, I recommend entering a short position first! Resistance above looks at previous high 65000, support below looks at 62500 and 62000, if it breaks strongly look at 61500.
Bitcoin trading strategy on 9.25: Currently price around 64100, first enter short position around 64400-64700, target look at 63500-63000, if it breaks hold position look at 62500!
#BinanceTurns7 #Write2Win

NOT Coin Accumulation and Retest:

$NOT Coin has undergone a strategic accumulation phase following the recent surge. This strategic pause allows the market to absorb profits and accumulate strength for a potential breakout. NOT Coin has repeatedly retested a key support level, indicating strong bullish sentiment.

Bullish Wedge Pattern

NOT Coin’s price action has formed a bullish wedge pattern, a technical formation that often appears before a significant uptrend. This pattern suggests a reversal from a downtrend and points to a positive outlook for the future.

Target Price

Based on the technical analysis, some potential target prices have been identified:

* 0.03700
* 0.02940
* 0.02663

If $NOT Coin breaks out of the wedge resistance and maintains its bullish momentum, it could reach these target prices.

Conclusion

The accumulation phase and bullish wedge pattern suggest that NOT Coin is poised for a potential breakout. Investors should closely monitor the price action and consider these target prices as potential profit-taking opportunities.

Why is Q4 a good time for growth? At the very least, it is worth looking at the long-term statistics on closings since 2013. Every few years, usually every 4 years, the best closing of the year occurs.

2017 - Q4 growth +215%
2020 - Q4 growth +168%
2024 - Q4 growth could be in the range of 100% to 200%. Worst case scenario, around 50-60% with potential for continued growth in Q1 2025.

I expect history to repeat itself and the cycle to continue.
$BTC $BNB $ETH #Write2Win #BinanceTurns7 #MarketDownturn

The overall trend remains unchanged, since yesterday, the market has experienced a sharp rise and then gradually declined to near 63000, although there is a correction, but combined with the observation of the previous market pattern, there has not yet formed a reversal trend, the strength of the buyers has not decreased. Referring to the previous market developments, every time the price rises, there will be a correction, even if there is a slight decline touching the lower boundary, there will definitely be a strong increase following, the current market movement can also be understood in this way. Therefore, for the next strategic plan in the morning, still maintain an optimistic attitude of the buyers!
Recommended strategy; buy around 62900-62500, target 63k8-64500;
Wish you a successful transaction

$BTC
#Write2Win #BinanceTurns7 #TopCoinsJune2024

Bitcoin broke the 61000 uptrend line and the 100-day moving average following the Federal Reserve's rate cut decision last Wednesday. Over the next four days, Bitcoin rallied 3% and found support near the key psychological level of 62000.

Currently, Bitcoin is hovering around 63500, as long as the 62000 support level is not broken, Bitcoin is expected to continue rising and retest the resistance level of 65000.

$BTC
#Write2Win #BinanceTurns7 #MarketDownturn

Bitcoin has been rising for six consecutive days, the Bollinger band has expanded, the coin price is running below the upper Bollinger band, the three-line KDJ at the high position is basically in a sticky state, the two-line KDJ is also at the high position, the trading volume is slightly down, the big trend on the daily chart has not been broken! But beware of pulling the price to sell!

Looking at the four-hour frame, the Bollinger band is slightly open, this morning there is a pin bar candle, the price increase this morning has led to the KDJ forming a dead cross and turning up to form a golden cross, the MACD dead cross is pointing down, the trading volume index is quite weak. In summary, the coin price is making lower and lower peaks, this morning it tested 64000 and then fell, initially forming a two-candle pin bar structure, Pressure above pay attention to previous peaks 64200 and 65000, support below pay attention to 62500 and 62000, if it breaks strongly then consider the 61000 area!
Recommended strategy: short sell orders from 63700-64000, target look at the 63000-62500 area, if it breaks then keep the order look at the 62000 area
Wish you all a successful new week
$BTC
#Write2Win #MarketDownturn #TopCoinsJune2024

In the 4-hour time frame, the Bollinger Bands continue to move up and there is no sign of narrowing, the price is still as said yesterday, pay attention to the middle level and the EMA15 line is not broken to keep the buying position. The thinking is completely confirmed, do not look at the fast and slow lines forming a dead cross, if broken, what should be done, everyone should look at the market's downward force and consider the reasonable additional position, still refer to the middle level and the EMA30 area.
The short-term index in the daily time frame is all looking up, everyone should not panic because of the small adjustment, because there are many whales appearing recently, once chasing to sell at low levels, it is easy to get stuck; to sum up, the operation suggestion remains unchanged, mainly buying when adjusting, short-term selling at high levels.
Recommended strategy: buy in the 62k6-62k8 zone, target 63k5-64k
Wish you guys a successful transaction

$BTC
#Write2Win #AirdropGuide #TopCoinsJune2024

$BTC Bitcoin Shows Growing Correlation With S&P 500 Bitcoin and S&P 500 Have Shown Similarities
Bitcoin Shows Growing Correlation With S&P 500

Bitcoin and the S&P 500 have shown similar price patterns over the past few months.

The growing correlation could be due to institutions entering the crypto market and the recent Fed rate cuts.

Bitcoin has outperformed 250 altcoins in the top 300 since the start of the year.

Bitcoin (BTC) rose alongside the S&P 500 (SPX) on Thursday, cementing its growing correlation with the index by 2024.

Bitcoin has largely moved in tandem with the S&P 500 over the past few months
Bitcoin and the crypto market have been on an uptrend since Wednesday following the Federal Reserve’s decision to cut interest rates by 50 basis points. Bitcoin has gained nearly 3% in the past 24 hours, edging slightly above $63,000 for the first time in three weeks.

Since hitting a low of $53,300 on September 6, Bitcoin has rallied more than 17%, adding more than $200 billion to its market capitalization.

However, the recent rally is not limited to Bitcoin and cryptocurrencies, as U.S. stocks are also trending higher.

Since the Fed announced its rate cut, the S&P 500 has added nearly $1 trillion in market capitalization. Like Bitcoin, the index has also seen an impressive recovery from its September 6 low, adding more than $3 trillion in market capitalization.

#Write2Win #TopCoinsJune2024 #BinanceTurns7