🟡 $LTC – Market Update 🚨 ✍️
Daily Timeframe:
A Doji candle has formed – this usually means the market is undecided on its next move.
Weekly Outlook:
Price is stuck in a sideways range between $85 and $105, with no strong momentum in either direction.
4-Hour Chart:
Still looking bearish, and there’s a chance we could see another drop to retest lower support.
If this was a bullish flag, buyers should’ve stepped in stronger by now.
Trend Check:
The daily uptrend is not broken yet. As long as it holds, there’s still a chance for a move up – especially if we break above $105.
What to Watch:
We need a weekly close above $105 to confirm a bullish breakout. Until that happens, it’s better to stay cautious.
🔼Best Long Entry Zones:
Around $85–$80 support
Or after a clean breakout above $105
🚫Resistance Levels:
$97 | $97.50 | $101 | $105.50 | $110 | $115 | $121
💪Support Zones:
$92.50 | $87.40 | $85.80 | $80
Trade here 👉$LTC
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#LTC #Write2Earn! #BTC110KToday? #MerlinTradingCompetition #SaylorBTCPurchase
🚨🚨📉 Sold at $57K, Worth $106K Now — Germany’s Painful BTC Lesson!
Germany’s $2.8B Bitcoin Sale: A $2.3B Missed Opportunity? 📉
In July 2024, the German government sold 49,858 BTC at an average price of $57,900, securing approximately $2.88 billion . However, with Bitcoin’s price now soaring to over $106,000, those holdings would be valued at more than $5.3 billion, indicating a missed opportunity of around $2.4 billion in potential gains.
The decision to sell was driven by legal obligations to prevent potential losses due to Bitcoin’s volatility . Yet, the subsequent surge in Bitcoin’s value has led to criticism and debate over the timing and strategy of the sale.
This situation underscores the challenges governments face in managing digital assets and the importance of strategic decision-making in the rapidly evolving cryptocurrency market.
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$XRP
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$SOL
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🚀How to start Crypto investment with only $10 as a beginner step by step🚀
Step 1: Create and Verify Your Binance Account
1. Sign Up: Go to the Binance website or download the Binance app. Click on "Register" and fill in the necessary details to create your account.
2. Verification: Complete the KYC (Know Your Customer) process by providing the required identification documents. This is necessary to increase your withdrawal limits and enhance account security.
Step 2: Secure Your Account
1. Enable Two-Factor Authentication (2FA): Set up 2FA to add an extra layer of security to your account.
2. Use a Strong Password: Make sure your password is strong and unique.
Step 3: Deposit Funds
1. Deposit Fiat: If you have USD or another fiat currency, you can deposit it into your Binance account using a bank transfer, credit/debit card, or other available methods.
2. Deposit Crypto: If you already have some cryptocurrency, you can deposit it into your Binance wallet.
Step 4: Buy Cryptocurrency
1. Navigate to the Markets: Go to the “Markets” section to see the available trading pairs.
2. Choose a Trading Pair: If you deposited USD, you might choose a pair like BTC/USD or ETH/USD. For $10, you might consider buying smaller amounts of more affordable cryptocurrencies like BNB, ADA, or DOT.
5: Manage Your Investment
1. Diversify: Even with $10, you can split your investment into different cryptos to spread risk.
2. Stay Informed: Keep up with market news and trends to make informed decisions.
Step 6: Secure Your Investments
1. Withdraw to a Wallet: Consider transferring your cryptocurrencies to a secure wallet (hardware wallet or a trusted software wallet) for long-term storage.
2. Monitor Your Portfolio: Regularly check your investments
Tips for Beginners
- Education: Continuously educate yourself about cryptocurrency and blockchain technology.
- Start Small: Starting with a small amount allows you to learn and make mistakes without significant financial impact.
- Use Binaence Academy: Utilize resources like Binance Academy for tutorials and guides.
$BNB STRIKES BACK WITH A SHARP REVERSAL BULLS EYEING NEW HIGHS!
$BNB /USDT bounced hard from the consolidation phase and exploded to a peak of $691.31, locking in a strong rally. This breakout followed a prolonged period of sideways action, where price coiled tightly before unleashing major momentum.
Now, the market has shifted buyers are back in control. After a pullback from recent highs, BNB is hovering around $655, holding firm above the key support zone.
Current Price: ~$655
Volume Surge: Confirmed with rising candles
Trend: Strong bullish continuation possible if price holds above support
Key Levels:
Support: $642 – $645
Resistance: $660 – $665
Next Bullish Targets:
🎯 TP1: $675
🎯 TP2: $688
🎯 TP3: $700+
With the breakout confirmed and volume backing the move, $BNB might be ready for its next leg up watch closely!
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#BNB
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#MyEOSTrade
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🟡 $LTC - price analysis: 🟡
DOJI candle on the daily basis: ⌛
Very neutral area (indecision phase)
On the weekly basis, prices look very neutral too—moving between FLAT Tenkan / Kijun: [105$ - 85$]
The H4 view remains bearish, suggesting that another dump to test lower support could occur. 📉
If this was a bull flag, bull reaction would have been stronger!
The daily uptrend is still in place, and as long as it keeps supporting prices, another pump & break above 105$ could be seen!
Key trigger:
105$ needs to be broken by a weekly candle close, otherwise, I see no reason to take a long position yet.
Safer long entry:
In the 85 - 80$ area, or
On a confirmed breakout above 105$
Key levels to monitor:
🟥 Resistance:
97.50 | 97.00 | 101.00 | 105.50 | 110 | 115 | 121
🟩 Support:
92.50 | 87.40 | 85.80 | 80.00
#LTC #Litecoin #AltSeasonComing