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$FLOKI performing Descending $FLOKI performing Descending Triangle in 1d Yes I am interested to buy here What Is a Descending Triangle Chart Pattern? A descending triangle is a powerful technical analysis pattern with a predictive accuracy of 87%. The pattern is flexible and can break out up or down, and is a continuation or a reversal pattern. A descending triangle has one declining trendline that connects a series of lower highs and a second horizontal trendline that connects a series of lows. A descending triangle can be bearish or bullish or a reversal or continuation pattern, depending on the direction of the price breakout. A descending triangle occurring during a price uptrend, with a price breakout above the resistance line, is considered a bullish continuation pattern. (See chart below) Conversely, a descending triangle occurring during a price downtrend, with the price breaking out above the resistance line, is considered a reversal pattern. KEY POINTS The descending triangle has a horizontal support line and a declining slope resistance line. If the price breaks out of the triangle in the direction of the previous trend, it is a continuation pattern. If the price breaks out of the triangle in the opposite direction of the previous trend, it is a reversal pattern.
Long
by UnknownUnicorn26572303
News-Based Trading: How News Acts as the Best Indicator Beginners diving into the dynamic world of cryptocurrency trading often find themselves influenced heavily by news. Eager to anticipate trends and, obviously, earn big, they hang on to every piece of information. Here’s the twist: trading based on news, more often than not, ends in heartbreak and empty pockets. 📉 But what’s the reason? 🔑 KEY QUESTIONS: How can you navigate cryptocurrency trades using news? Can news truly be an effective indicator for cryptocurrency moves? Delving into the ripple effect of news on the crypto sphere. Crafting a winning strategy: Navigating news-based cryptocurrency trades. News: The Puppeteer Behind the Scenes🎭 On the surface, news might look like the golden compass for predicting market moves. However, the waters run deep. Big sharks - those with hefty wallets - often use news as their puppet strings to control the market. They capitalize on the knee-jerk reactions of retail traders. 🎣 Imagine: A piece of unfavorable news is released. Retail traders, gripped by panic, rush to sell their cryptocurrency, hoping to minimize losses. This is when the big players snatch up large amounts of cryptocurrency at bargain prices. Suddenly, the market takes an unexpected turn, soaring high, leaving those sellers scratching their heads in confusion. 🚀 On the flip side, when the headlines scream positive news, the actual price movement might surprise you. The real game-changer isn’t the news per se, but how traders respond to it. 1. Elon Musk & Bitcoin: When Musk revealed Tesla's embrace of Bitcoin, charts showcased this at the pinnacle of the market. Yet, the aftermath? A staggering 50% plunge. 😲 2. Salvador's Bitcoin Move: Despite the buzz and optimism around Salvador adding Bitcoin to its reserves, Bitcoin's price took a surprising dip. 📉 3. Meme Crypto’s Grand Debut: Post the grand showcase of the meme crypto, Shiba Inu, at Times Square, its value dwindled. The euphoria surrounding this news turned to disbelief as Bitcoin dropped by a whopping 70%, with altcoins plummeting by 90%. 😵 These narratives underline the power of news in the cryptocurrency arena, not always for the right reasons. News might ignite fear or trigger euphoria, but it's vital to stay grounded. 🧘 Recognizing the potential manipulative tactics of major players is key. Equipping oneself with a robust trading strategy and a sound risk management plan is your armor against the tumultuous world of cryptocurrency trading. 💡🛡️
Education
by Yaroslav_Krasko
The Silent Killer: Understanding Inflation's Impact Inflation is an economic phenomenon that gradually erodes the purchasing power of money over time. While it may seem like a minor inconvenience, inflation can have detrimental effects on individual savings , investment returns, and overall economic stability. In this article, we will explore why inflation can be considered a silent killer and delve into the reasons behind the growing interest in Bitcoin as a potential defense against its effects. 1. The Hidden Damages of Inflation: 1.1 Reduced purchasing power 1.2 Diminished savings value 1.3 Income distribution imbalances 2. The Role of Central Banks and Government Policies: 2.1 Monetary policies: Central banks use various tools, such as adjusting interest rates and printing more money, to manage inflation. However, these measures can sometimes have unintended consequences. 2.2 Fiscal policies: Government spending, tax policies, and borrowing influence inflation rates by impacting the money supply and aggregate demand within an economy. 3. The Case for Bitcoin as a Hedge against Inflation: 3.1 Scarce supply: Bitcoin is a decentralized digital currency with a limited supply of 21 million coins. Unlike fiat currencies, no central authority can arbitrarily decide to print more bitcoins, reducing the potential for inflationary pressures. 3.2 Store of value: Bitcoin's limited supply and increasing demand make it an attractive store of value, especially in a world where traditional fiat currencies are prone to inflation. 3.3 Global accessibility: Bitcoin transcends geographical boundaries, enabling individuals to protect their wealth and access financial services without relying on traditional banking systems that can be influenced by inflationary pressures. 3.4 Economic uncertainty: In times of economic distress or high inflation, Bitcoin offers a potential safe haven for investors seeking to preserve the value of their wealth independently of traditional financial systems. 4. Considerations and Risks: 4.1 Volatility 4.2 Regulatory challenges 4.3 Technological barriers Inflation can silently erode the value of money, impacting savings, investments, and overall economic stability. While many traditional assets struggle to mitigate inflation risks effectively, Bitcoin can potentially serve as a hedge against inflation due to its decentralized nature, limited supply, and growing global acceptance. However, investors should carefully consider the risks and challenges associated with cryptocurrencies before making investment decisions. What do you want to learn in the next post?
COINBASE:BTCUSDEducation
by UnitedSignals
6
How to invest in altcoins if you are a beginner?Altseason is the moment when the big players have taken profits from bitcoin and now the capital is flowing from bitcoin to altcoins! You must understand that not all altcoins will be profitable in the same way! No need to focus on specific dates and try to predict the future. Your task is to adapt to the market order flow.  The first wave of momentum is buying with big capital! No one here believes in growth yet! The last wave will be the shortest since it will already be a period of greed with a great news background so that even the latest skeptic would believe that he will become a millionaire thanks to cryptocurrency! It will be time to exit the market When is the alt season? Phase 1: Bitcoin Cash flows are directed to the main cryptocurrency Bitcoin Phase crossing | Ethereum is starting to fill up with smart money capital. The second cryptocurrency is rapidly trying to catch up and overtake Bitcoin. Ultimately, the growth of Ethereum is much more intense. Phase 2: Ethereum Ethereum outperforms Bitcoin. Gradually, the hype begins to rise. Phase crossing | The flow of money is directed to highly liquid alts, alcoins with the highest capitalization. Major purchases are taking place. Phase 3: Highly liquid altcoins After Ethereum identified the first cryptocurrency, highly capitalized altcoins show parabolic growth. Phase crossing | Regardless of capitalization, some altcoins with good fundamentals show tremendous growth. Phase 4: Altseason High-cap alts have finished their vertical growth and are starting to lose ground relative to their peaks, but since they have outpaced Bitcoin and Ethereum in terms of growth, it seems to many that this will continue. Euphoria reigns all around, memes about Lambo and millions are everywhere, the smell of phantom wealth is in the air. Medium and low capitalized assets have the same trend. Pump Altcoin Trends But sometimes it also works in the opposite direction, like this year with Pepe Coin In order to make a decision on investing in any project, you need to conduct research. Most of the information on the coin you are interested in can be found on the website, in technical documents, main analytics platform, social networks of both the project itself and different kinds of communities connected A very important point is how to fix profit! Let's say you allocated capital and bought 5 altcoins! First, bitcoin begins to grow and correction begins Then one of your altcoins makes a profit and you can fix part of the profit in bitcoin, that is, sell the altcoin not in usdt but in btc You do not need to wait for a correction on this altcoin to enter again! You can invest the second part of the profit by additionally accumulating a larger volume in an altcoin that has not yet shown results and is in accumulation In parallel, bitcoin may also begin to grow, so you increase the profit that you have already recorded Step by step you can increase your initial deposit just following the trend!
BITSTAMP:BTCUSDEducation
by Crypto4light
DEATH OF THE DOLLARDear Friend,    “Wake up you guys. If you're saving US dollars, you're like the skipper on the titanic. You know they're going to have to print more and more and more and more all the time… This makes savers the biggest losers on planet earth.”   But here is what is fascinating… I know you will agree.   As the dollar gets weaker and weaker, Bitcoin and cryptocurrencies are getting stronger and stronger.    I’m going to say that again because it is so important. As the dollar gets weaker and weaker, Bitcoin and cryptocurrencies are getting stronger and stronger.    The giant hedge funds and investing firms are slowing their purchase of dollars and U.S. bonds...   They are now using their profits to buy cryptocurrencies.   The Wallstreet Journal reports that mainstream hedge funds are pouring BILLIONS of dollars into crypto. They go on to say that world famous traders including Alan Howard and Paul Tudor Jones are said to be increasing their trading in cryptocurrencies.If you want to become a successful investor, extra cash to pay off your debt, enjoy extra time with your loved ones, live your dream life…   Thank you for taking the time to read my letter,
TVC:DXY
by mehdi_kb
2
Bitcoin: Can the bulls hold on?Judging from the current trend of Bitcoin and the overall market sentiment, the pressure level of 28,500 above is too strong to break through in the short term. There is a need for Bitcoin to withdraw, but the 27,000 below is still the key support for Bitcoin.Yesterday, Bitcoin broke through the recent high and stood near 28472, and then retreated to near 27300. It seems that Bitcoin will be trading sideways at least in the short term. At present, the Bitcoin price is oscillating back and forth at a high level, and the pressure above is strong, making it difficult to break through in a short period of time. Even if the Bitcoin price can continue to rise, it will at least need to be confirmed by stepping back to accumulate upward momentum during the rise, so there is a demand for retracement in the short term. On the other hand, the supply of Bitcoin on exchanges has increased significantly in the past week or so, which may also mean that BTC may face selling pressure. In the short-term treatment, the lower support is near 27500, and the initial pressure above is near 28500. In order to facilitate everyone to continue to follow up on my analysis and sharing, you can like and follow me; in addition, I will share the daily real-time strategy in the channel. If you can't follow up in real time, you may make operational errors.You can use the following methods to enter my channel for free to follow the latest news and follow up on market trends in real time.
Short
by Short-term-king
$QOMUSD Shiba Predator QOM is the Shiba Predator, it is a community token whose function is to flip the Shiba Market cap. QOM Price Live Data The live Shiba Predator price today is $7.84e-8 USD with a 24-hour trading volume of $1,010,516 USD. We update our QOM to USD price in real-time. Shiba Predator is up 5.39% in the last 24 hours. The current CoinMarketCap ranking is #423, with a live market cap of $47,015,780 USD. It has a circulating supply of 599,886,333,333,333 QOM coins and a max. supply of 1,000,000,000,000,000 QOM coins.
QLong
by BADQOMOCAWGOWLD
The price of Bitcoin has soared driven by market optimismLast Friday, Bitcoin fell to US 19,569. How desperate the market was at that time, and how enthusiastic it is now. In just one week, the Bitcoin market has undergone a shocking reversal, breaking through the previous high in one fell swoop and reaching above US 27,000. In terms of daily structure, Bitcoin has broken the previous horizontal pressure level. At this stage, it is in a vacuum zone. Bitcoin price analysis has been slowly rising since the beginning of this week, and more buying pressure has been observed in the market. Pressure.As tokens are supported by strong buying pressure and good technical prospects, market sentiment remains optimistic, and the bullish momentum is expected to continue, with the next level of pressure around 30,000. From the four-hour level, it can be seen that the last downward pullback was at the position of 0.382. Next, I think the possibility of constructing an equidistant ABCD is very large. As shown in the figure, Point D is far from being reached. The rise in the past two days has formed a complete breakthrough in the previous chip-intensive area. If there is a pullback in a short period of time, I think the pullback may as well be an opportunity to participate in long-term. In order to facilitate everyone to continue to follow up on my analysis and sharing, you can like and follow me; in addition, I will share the daily real-time strategy in the channel. If you can't follow up in real time, you may make operational errors.You can use the following methods to enter my channel for free to follow the latest news and follow up on market trends in real time.
BITSTAMP:BTCUSDLong
by Short-term-king
Want to Know When Altseason REALLY Begins? 🤔🚀For the past 2 years, the cryptocurrency market has been tormented by a relentless bear trend, evident by the departure of retail investors. But for those who have stayed, incredible opportunities now present themselves, practically screaming profits! If you're reading this, congratulations, you're already a winner, and the market will reward your patience! 🚀 So, are you ready to be among the first to find out when altseason begins and make huge gains, scoring dozens of X's before the market enters euphoria? 😎 The answer to this question lies in the leading altcoin Ethereum, paired with Bitcoin. 🌟 Let's look at the ETH/BTC chart. What do we see? ETH has been in an accumulation channel for almost 2 years. A breakout and consolidation of Ethereum above the channel will trigger a massive, rapid growth of all altcoins without exception! Add this chart to your watchlist and don't miss the moment when history begins to unfold! 🔥 Prepare for an unforgettable journey into the world of incredible profits in the cryptocurrency market! 🎉💰 All my 6 years of trading experience, knowledge, developments, and indicators I share them here in ideas for free. In return I will ask you just follow me, like this post and leave a nice comment, it will allow me to move faster and make more useful content! 💚💚💚
by Yaroslav_Krasko
2
Crypto hammered as Silvergate bank issues worry tradersWorries around Silvergate Bank have set off a mini plunge today. Crypto has seen a worrying Asian session so far, with most coins seeing heavy selling as traders look to take cover as the Sivergate Bank issue continues. The Banks share price lost 50% yesterday, and reports say most major players will suspend automated clearing with other business operations with the bank. Kaken is the only major exchange that looks to be continuing operations with the bank. Silvergate has seen most of its crypto industry clients leave a day after it announced it would have to review its books with auditors and warned of headwinds. They announced Wednesday they would be delaying their annual 10-K to answer questions from independent auditors and its accounting firm, as well as "regulatory and other inquiries and investigations that are pending." The bank warned in a forward-looking statement that it faced possible inquiries from bank regulators and the U.S. Department of Justice and its ability to "continue as a going concern", which may be affected over the next year. This is driving fear today, and we will continue monitoring as the updates come out. Let's hope it won't become another contagion, as seen in 2022.
EIGHTCAP:BTCUSD
by Eightcap
$BTC overview Just a Reminder - The price is still in a Stage 1 structure, I would like to see a decisive breakout of Stage 1 - Accumulation structure in terms of Price and Volume. This would give me confidence as bitcoin will be transitioned into a Stage 2 - Uptrend Structure. Note - The price has risen up almost vertically for about 60%. Thereby, chances of breakouts are less as of now. And Bitcoin might consolidate more into Stage 1 only. If the breakout occurs then it would be a great opportunity to go long for investors. Traders should be waiting for a better risk reward opportunity.
BITSTAMP:BTCUSD
by nuevatraders
Quant: Sleepy 😴Quant is feeling a bit sleepy lately and doesn't want to leave the pink target zone - well, let's hope he wakes up soon to climb above the resistance at $228.30 to finish the pink wave . If our beloved coin continues to hit the Snooze-button and sinks further into the pink zone, our alternative scenario will be activated, as soon as the course drops below the support line at $94.08. In that case, Quant should sink to the lower area of the zone to complete the pink wave alt. .
BINANCE:QNTUSDLong
by MarketIntel
Ethereum: Drop it lowTonight is the full moon lunear eclipse that initiates a turning point for transformation. Well, Ethereum came a bit early to the party and dropped it low. We expect Ethereum to come back up to the $1790 resistance and move above $2029 right into the blue target zone. After completing the blue wave (iii) between $3048 and $3756 in the blue zone, the course should turn. Once again, we expect Ethereum to drop out of the target zone. In the secondary scenario, ETH should drop below the support as soon as it crosses the $1194 mark. After moving below the $1194 support, we expect the course to wander further below $883. How far the ETH course is willing to drop will be specified as we move along.
BINANCE:ETHUSD
by MarketIntel
1
Bitcoin: Down the Rabbit HoleThe future of Bitcoin seems just as unknown as the adventure ahead of Alice in wonderland. It feels like we're currently falling down the rabbit hole and don't know for sure where it's stopping. Primarily, we expect the course to drop further below the support at $17 689. If it continues to drop into the blue target zone between $17 572 - $10 919, the yellow wave (2) should ideally be completed around $16 148 to move out of the blue zone. If Bitcoin finds its way out of the blue zone and heads above the support at $17 689, it should head towards the $22 802 resistance. Furthermore, after touching the $22 802 resistance, Bitcoin will continue to move above $25 200. In the secondary scenario with a chance of 40%, Bitcoin should continue to move upwards if it touches the $22 802 resistance and could climb its way back to the top if it reaches the $25 200 resistance. We'll specify the future of Bitcoin in our upcoming posts.
BINANCE:BTCUSDShort
by MarketIntel
3