$IO Saudi Arabia has announced plans to accept digital currencies for oil sales, but has not specified which ones. However, based on current trends and market capitalization, the following digital currencies could potentially be used for buying oil from Saudi Arabia: 1. Bitcoin (BTC) $BTC 2. Ethereum (ETH) $ETH 3. Petro (PTR) - Venezuela's oil-backed cryptocurrency, which could potentially be used as a model for Saudi Arabia. 4. Tether (USDT) - a stablecoin pegged to the US dollar, which could reduce volatility risks. 5. Saudi Arabian Digital Currency (SADC) - a hypothetical national digital currency, which could be introduced by Saudi Arabia in the future. Please note that this is speculative, and the actual digital currencies accepted by Saudi Arabia for oil sales may differ. #BTCFOMCWatch #TopCoinsJune2024 #SaudiArabia #OilMarket
$IO $BNB $HIGH I suffered a significant loss with High Coin. This strange incident happened to me, and almost every trader who invested in High Coin faced something similar. When High Coin started to correct itself, I based my trade on my analysis, entering around $6.5. Ideally, it should have held that support and shown an upward indication, but it went down instead. I thought of doing DCA (Dollar-Cost Averaging), believing it would go up, but it continued to fall. I did DCA again, and it still went down. I ended up losing about 59% of my asset. I kept watching as it went lower and lower. I didn't have the courage to sell and save the remaining balance because a small hope lingered in my heart that it would go up, but it didn't. It kept falling. This is what happened to me. The moral of the story is to act with courage when a trade is in loss. If there is no chance of it going up, always use a stop-loss. A small loss is better than a big one. Thank you very much for reading my story. I'm not sharing this for fun but so that others can learn from it. If you find my post helpful, please support me and also tip me, which will encourage me. Also, follow me for more helpful stories in the future.#CPIAlert #altcoins #TopCoinsJune2024 #bitcoin #FIT21
### Analysis of #Notcoin ($NOT ) **Current Status:** - **Price:** $0.01883 (recently finished a 50% Fibonacci retracement at $0.0170) - **24-hour Trading Volume:** $785 million - **Market Cap:** $1.95 billion - **Circulating Supply:** 102 billion NOT **Market Position:** - **Rank:** #55 among cryptocurrencies **Recent Performance:** - **Price Reduction:** ~4.50% decrease in the last day - **Technical Indicators:** - **Resistance Levels:** Immediate resistance at $0.01895 (50-day EMA), next levels at $0.01998 and $0.02361 - **Support Levels:** Immediate support at $0.01703, further levels at $0.01408 and $0.01194 - **RSI:** 43.37 (indicates neutral or potentially oversold market) **Technical Outlook:** - A Doji candle near the 50% retracement level suggests market indecision and a potential buying opportunity. - Breaking through the $0.01895 resistance could lead to further gains. **Conclusion:** - **Buy Signal:** Above $0.01700 - **Potential Upside:** Further gains if resistance at $0.01895 is overcome. $NOT #NOTCOÄ°N #Notcoinđđ„ #altcoins
đ°đ°đ°Could $NOT Become the Next $1 Coin?đ°đ°đ° With $785 million traded in a single day, Notcoin was priced at $0.0188 on Sunday. Despite a 4.50% drop due to negative market sentiment, traders are eyeing Notcoin closely. Ranked #55 among cryptocurrencies with a market cap of $1.95 billion and 102 billion NOT coins in circulation, Notcoin is on the radar of many investors. Key technical indicators and support/resistance levels are crucial for predicting its next move. Key Technical Insights: Current Price: $0.01883Fibonacci Retracement: Just completed a 50% retracement around $0.0170, suggesting possible reversal levels. Doji Candle: Formation near the 50% retracement level indicates market indecision, hinting at a buying opportunity. Resistance and Support Levels: Immediate Resistance: $0.01895 (50-day EMA)Next Resistance Levels: $0.01998 and $0.02361 if the barrier is overcome. Immediate Support: $0.01703Additional Support Zones: $0.01408 and $0.01194, potential buying zones if the price dips. RSI Indicator: Current RSI: 43.37An RSI below 50 signals a neutral or possibly oversold market, which could be a green light for buyers. Final Thoughts: Notcoinâs technical setup points to a buying opportunity above $0.01700. If it breaks through the $0.01895 resistance level, further price gains are likely. Could Notcoin be on its way to $1? Only time will tell, but the potential is there! #Binance200M #TopCoinsJune2024 #Write&Earn #AlertđŽ #BTC
đš Urgent Breaking News: US Dollar Situationđš A quick talk about what is currently going on in the mediađ„ âą On June 9, 2024 (today), Saudi Arabia is expected to announce that it will halt all oil sales in US dollars, marking the end of the 50-year-old petrodollar agreement signed on June 6, 1974. This will heavily affect the $BTC price along with the charts of most of the Altcoins "if this really happens". đ What does this mean (if it happens): - Demand for the dollar decreases, leading to currency devaluation and inflation in the United States. - An increase in demand for gold and Bitcoin as a hedge against inflation. - High oil prices against the dollar. âš Hysteria among Americans everywhere under the title (Saudi Arabia informed the Biden administration that it will not renew the petrodollar agreement). đ Not renewing this 50-year agreement will inevitably change huge economic balances. đĄSource: Forex News ChannelđĄ As for now the market is yet to make it's new move tomorrow as the #BTC SPOT ETF market opens. Two scenarios are expected to happen and the are as follows: Scenario 1ïžâŁ: BTC dumps to $67K as the market will have another correction. Scenario 2ïžâŁ: Market to recover as BTC pumps fast to $72K to retest the major resistance level and if it manages to break through then officially we can say that the Bullrun started. đ„ Coins to BUY: $JASMY at $0.037 is a catch if you have money aside. $PEPE at 0.000012 is also a catch if you consider holding it for the long run. đ„ Futures Trading đ„ Try to wait till tomorrow to open any trade as the market is unpredictable and could become very volatile. Don't forget to follow and like for MORE Exclusive Contentđ„ #altcoins #PEPE #JASMY #bitcoin
what about #NOTđ„đ„đ„ "$NOT đđđđđ„ is a coin with precise price movements! Look at how cleanly it rejected the previous level. Now we're in a middle zone, and I'm targeting prices of $0.02 and then $0.018. If the price closes above $0.023, which it previously rejected, it will invalidate this downward move."đđđ