Herman888
Open Trade
Frequent Trader
3.8 Years
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Explore my portfolio. Follow to see how I invest! WHERE IS BTC HEADED NEXT? On the 8h-daily time frame, BTC is still sideways and accumulating. Support around 103-104 still shows no signs of breakdown, confirmation starts to be bearish if the daily candle closes below 104k.
Overall, in terms of price action, it is still testing support, no confirmation of a bearish trend yet.
Overall, in terms of price action, it is still testing support, no confirmation of a bearish trend yet.
#SwingTradingStrategy Here’s a simple breakdown of the Breakout Pattern you're seeing:
1. Resistance (R-1, R-2): These are levels where the price hits a ceiling and struggles to go higher.
2. Support (S-1, S-2, S-3): These are levels where the price finds a floor and bounces back up.
3. Channel Formation: The price is moving between resistance (top line) and support (bottom line), creating a channel.
4. Breakout: Finally, after hitting support and resistance multiple times, the price breaks out of the channel upwards, indicating strong buying momentum.
5. Previous Swing Break: After the breakout, the price breaks the previous high (previous swing), confirming the breakout.
When this happens, it’s a strong signal that the trend might be going up. So, keep an eye on these key levels to spot potential opportunities!
1. Resistance (R-1, R-2): These are levels where the price hits a ceiling and struggles to go higher.
2. Support (S-1, S-2, S-3): These are levels where the price finds a floor and bounces back up.
3. Channel Formation: The price is moving between resistance (top line) and support (bottom line), creating a channel.
4. Breakout: Finally, after hitting support and resistance multiple times, the price breaks out of the channel upwards, indicating strong buying momentum.
5. Previous Swing Break: After the breakout, the price breaks the previous high (previous swing), confirming the breakout.
When this happens, it’s a strong signal that the trend might be going up. So, keep an eye on these key levels to spot potential opportunities!
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#XSuperApp Platform X Elon Musk Adds Trading and Investment Features
Elon Musk's social platform, X, is developing a "super app" strategy by adding trading and investment features. Users will be able to make payments, invest, and trade directly within the app. Additionally, the company is also considering the launch of a credit or debit card planned to be available this year to complement these financial services.
According to a Financial Times report, this move aims to make X a multifunctional platform that combines social media with financial tools.
Elon Musk's social platform, X, is developing a "super app" strategy by adding trading and investment features. Users will be able to make payments, invest, and trade directly within the app. Additionally, the company is also considering the launch of a credit or debit card planned to be available this year to complement these financial services.
According to a Financial Times report, this move aims to make X a multifunctional platform that combines social media with financial tools.
#CryptoStocks Like the US stock market, crypto markets' liquidity is further concentrated in mainstream cryptos such as BTC, ETH & USDT. In contrast, the performance of altcoins may not improve until 1-2 realized interest rate cuts.
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#PowellRemarks The Fed Maintains Interest Rates
The Federal Reserve maintained the interest rate at 4.50%, in line with expectations. The dot plot indicates a potential cut of 50 basis points in 2025. Starting in April, the Fed will slow down the reduction of the balance sheet, lowering the monthly Treasury redemption cap from $25 billion to $5 billion, while the cap for agency debt and MBS remains at $35 billion.
The Federal Reserve maintained the interest rate at 4.50%, in line with expectations. The dot plot indicates a potential cut of 50 basis points in 2025. Starting in April, the Fed will slow down the reduction of the balance sheet, lowering the monthly Treasury redemption cap from $25 billion to $5 billion, while the cap for agency debt and MBS remains at $35 billion.
#MyTradingStyle The European Region Annual Consumer Price Index (CPI) was announced.
Announced: 1.9%
Expectation: 1.9%
Previous: 2.1%
Announced: 1.9%
Expectation: 1.9%
Previous: 2.1%
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#GENIUSActPass US Senate Approves GENIUS Act
On June 17, the US Senate approved the GENIUS Act by a vote of 51-23, becoming the first major cryptocurrency legislation to pass in the Senate. The bill marks an important advancement in digital asset regulation by establishing clearer guidelines for the crypto industry.
The bill now moves to the House of Representatives, which will decide whether to proceed with their own version or accept the Senate's bill.
On June 17, the US Senate approved the GENIUS Act by a vote of 51-23, becoming the first major cryptocurrency legislation to pass in the Senate. The bill marks an important advancement in digital asset regulation by establishing clearer guidelines for the crypto industry.
The bill now moves to the House of Representatives, which will decide whether to proceed with their own version or accept the Senate's bill.
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#FOMCMeeting Macro View → BTC & Market Conditions
- See BTC trend in TF Weekly & Daily
- Check BTC Dominance, DXY, and global sentiment (FOMC, inflation data)
- See BTC trend in TF Weekly & Daily
- Check BTC Dominance, DXY, and global sentiment (FOMC, inflation data)
#VietnamCryptoPolicy It is Lunar New Year festival in these days in China/ Taiwan/ Korea/ Vietnam/Singapore ...
No volatility at the moment
No volatility at the moment
#MetaplanetBTCPurchase ⚡️ Meta has opened up the possibility of publishing NFTs on Facebook
You can now connect your wallet to publish NFT on both Facebook and Instagram.
👀 Facebook has 2.9 billion monthly active users.
You can now connect your wallet to publish NFT on both Facebook and Instagram.
👀 Facebook has 2.9 billion monthly active users.
#TrumpBTCTreasury Trump Media says it’s making a $2.5 billion deal to hold bitcoin as part of its treasury.
BTCUSDT
25X
Long
Unrealized PNL (USDT)
+5.32
+64.00%
#CardanoDebate #ADA Technical Update – Bullish Potential Above Falling Wedge Breakout! 🚀
Cardano ($ADA) has broken out of a falling wedge — a bullish reversal pattern — and is currently consolidating just above the breakout
Cardano ($ADA) has broken out of a falling wedge — a bullish reversal pattern — and is currently consolidating just above the breakout
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#IsraelIranConflict Bitcoin and ALTCoin Prices Drop Amid Israel-Iran Conflict
The Israeli Air Force launched attacks on several locations related to Iran's nuclear program and other military facilities, aiming to eliminate the nuclear threat. This military action caused a brief volatility in the capital markets, where Bitcoin fell by 2% and Ethereum dropped by 4.4% in one hour.
According to CoinGlass data, in the last 24 hours about 215,000 traders experienced liquidation with a total liquidation reaching $1.019 billion.
The Israeli Air Force launched attacks on several locations related to Iran's nuclear program and other military facilities, aiming to eliminate the nuclear threat. This military action caused a brief volatility in the capital markets, where Bitcoin fell by 2% and Ethereum dropped by 4.4% in one hour.
According to CoinGlass data, in the last 24 hours about 215,000 traders experienced liquidation with a total liquidation reaching $1.019 billion.
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#TrumpTariffs # Trade War Diminished? Trump and Xi Jinping Agree on a 'Total Reset'
US President Donald Trump praised trade talks with China as a 'total reset' negotiated in a friendly and constructive manner. He stated that significant progress has been made and urged China to open access for American businesses.
The second day of closed-door meetings between US and Chinese delegations continues this week in Switzerland, focusing on easing tensions caused by the trade war. Although there have been no signals of tariff reductions, this meeting is viewed as an important step by global market players.
US President Donald Trump praised trade talks with China as a 'total reset' negotiated in a friendly and constructive manner. He stated that significant progress has been made and urged China to open access for American businesses.
The second day of closed-door meetings between US and Chinese delegations continues this week in Switzerland, focusing on easing tensions caused by the trade war. Although there have been no signals of tariff reductions, this meeting is viewed as an important step by global market players.
#CryptoRoundTableRemarks 📊 Pre-market futures slightly red ahead of key CPI release.
Markets are cautious this morning with futures ticking slightly lower.
All eyes now on tomorrow’s CPI report, The final major inflation print before the Fed’s June decision.
Markets are cautious this morning with futures ticking slightly lower.
All eyes now on tomorrow’s CPI report, The final major inflation print before the Fed’s June decision.
#TradingTools101 📊 Pre-market futures slightly red ahead of key CPI release.
Markets are cautious this morning with futures ticking slightly lower.
All eyes now on tomorrow’s CPI report, The final major inflation print before the Fed’s June decision.
Markets are cautious this morning with futures ticking slightly lower.
All eyes now on tomorrow’s CPI report, The final major inflation print before the Fed’s June decision.
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#NasdaqETFUpdate Nasdaq Proposes Addition of Four Cryptos to ETF Benchmark Index
On June 2, 2024, Nasdaq submitted a proposal to the SEC to include XRP, SOL, XLM, and ADA in their digital asset index. This allows the Hashdex Nasdaq Crypto ETF (NCIQ) to transition from the NCIUS index to the broader Nasdaq Crypto Index (NCI) with nine digital assets.
The SEC's final decision is scheduled for November 2, 2025, which could potentially expand ETF investment options.
On June 2, 2024, Nasdaq submitted a proposal to the SEC to include XRP, SOL, XLM, and ADA in their digital asset index. This allows the Hashdex Nasdaq Crypto ETF (NCIQ) to transition from the NCIUS index to the broader Nasdaq Crypto Index (NCI) with nine digital assets.
The SEC's final decision is scheduled for November 2, 2025, which could potentially expand ETF investment options.
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Supply premium has successfully broken out, its volume is also quite solid, there is potential for a retest to the supply area which has now become a breaker, with a target increase to the last resistance area
#USChinaTradeTalks JUST IN: 🇨🇳🇺🇸 China threatens to retaliate against nations siding with the United States on trade.
#CryptoCharts101 James Wynn is in the red again.
He closed a long on $BTC with 40x leverage, recording another loss - this time only $70.71.
Now he opened a short - again $BTC, again 40x.
So far, James has not been able to make money even on small volumes.
He closed a long on $BTC with 40x leverage, recording another loss - this time only $70.71.
Now he opened a short - again $BTC, again 40x.
So far, James has not been able to make money even on small volumes.
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