Hervask
#Economist_analyst// #Crypto_analysis// #Predictor// #Graphic_designer//#Social_network_manager
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#THE SPECTACULAR FALL OF OM/USDT
AI according to #Gemini #OMUSDT
The spectacular fall of the OM/USDT price that you noticed may be due to several factors. This could be related to specific news about the OM project, broader movements in the cryptocurrency market, or a combination of both.
To conduct a new trend analysis, it would be necessary to take a closer look at recent trading volumes and key support levels.
Regarding future projections, it is difficult to predict with certainty what will happen. The cryptocurrency market is very volatile. But I can help you keep track of the situation.
Would you like us to examine the volume data or the support levels together?
Alright, let's examine the technical indicators to better understand the situation.
Of course, here are the current values of the technical indicators for OM/USDT:
* RSI (6): 35.6620
* MACD: 0.2693
* Signal (DEA): 0.8269
* MACD Histogram: 1.0961
Note that these numbers can change rapidly due to the volatility of the cryptocurrency market.
Perfect. So, on the chart you shared, the RSI is currently at 35.6620, which indicates that #OM/USDT is no longer in oversold territory, but is not yet in overbought territory either.
As for the MACD, it is currently below the signal line, indicating a bearish trend. However, one should watch for a potential bullish crossover, which could signal a change in trend.
To minimize risks, it is better to avoid buying when the price drops sharply. It is preferable to wait for the market to stabilize and show signs of recovery. You might monitor the support level around 0.7111 USDT, as this is the current price of OM. If the price rebounds from this level, it could be a potential buy signal.
#GeminiAI
Oh, please note that I am not a financial expert. Do not take my responses as successful decisions.
$OM
AI according to #Gemini #OMUSDT
The spectacular fall of the OM/USDT price that you noticed may be due to several factors. This could be related to specific news about the OM project, broader movements in the cryptocurrency market, or a combination of both.
To conduct a new trend analysis, it would be necessary to take a closer look at recent trading volumes and key support levels.
Regarding future projections, it is difficult to predict with certainty what will happen. The cryptocurrency market is very volatile. But I can help you keep track of the situation.
Would you like us to examine the volume data or the support levels together?
Alright, let's examine the technical indicators to better understand the situation.
Of course, here are the current values of the technical indicators for OM/USDT:
* RSI (6): 35.6620
* MACD: 0.2693
* Signal (DEA): 0.8269
* MACD Histogram: 1.0961
Note that these numbers can change rapidly due to the volatility of the cryptocurrency market.
Perfect. So, on the chart you shared, the RSI is currently at 35.6620, which indicates that #OM/USDT is no longer in oversold territory, but is not yet in overbought territory either.
As for the MACD, it is currently below the signal line, indicating a bearish trend. However, one should watch for a potential bullish crossover, which could signal a change in trend.
To minimize risks, it is better to avoid buying when the price drops sharply. It is preferable to wait for the market to stabilize and show signs of recovery. You might monitor the support level around 0.7111 USDT, as this is the current price of OM. If the price rebounds from this level, it could be a potential buy signal.
#GeminiAI
Oh, please note that I am not a financial expert. Do not take my responses as successful decisions.
$OM
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how to benefit or install
đŻđTrading with an Al bot can be significantly more profitable than manual trading, cost it can be in the market 24/7 to monitor your trade and follow your instructions provided with âŚ. Moreover it also eliminate emotional bias đŚđŞ
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This article appears to be written using AI đŤ§
Quoted content has been removed
đ
Alpha Batcher
--
Daily use of DEXTools turned my $150 into $15,000 in just 5 days. The secrets of using this tool
Memecoins are at the top of their popularity, it's like a cult, but how long does it continue?
I highly recommend that you don't put trade on the back burner and have time to raise money!
I research and find the most hidden gems all the time.
So, here is the tool that will increase your money 100x.
I think everyone has used DexScreener, but I found more unique tool!
@DEXToolsApp is a platform that provides real-time data and analytics.
This tool will help you find those special gems.
1/ Well, I would like to get started!
First, you need to go to https://www.dextools.io/app and take a look around.
Sign up, you will need to connect your wallet.
Next, click on DEXTBoard and select Pairs.
To see new tokens, you will need to set the filter to 24h.
The main advantage of DexTools over DexScreener is that you can set filters by category, as well as track recent winners and losers by price change.
At the moment we will need Memecoins and Celebrity.
2/ The next step is to set up filters to remove what we don't need.
⢠Volume (24h): 200K
⢠Swaps (24h): 200
⢠T.M.Cap: 100K
⢠Hide pools with stable and native
⢠Hide tokens without social networks
3/ DEXTools offers another useful feature - sections for tokens.
I recommend to pay attention to New Socials, Liquidity Unlocks and Token Unlocks.
You can use them to keep track of updated social links, upcoming liquidity and token unlocks.
4/ After you've chosen a token, you should reassure and verify it. Here are a couple of working tools:
⢠@Rugcheckxyz. Copy and paste the contract address. Make sure the token is legitimate.
⢠@bubblemaps. Do the same with the address to verify there are no suspicious connections between wallets.
5/ Don't forget about Social Media.
⢠@getmoni_io. You can use it to check who is following the coin.
⢠Communities on Twitter or Telegram.
Look at how active the creators are on the pages, what kind of comments they leave. Everything should look organic.
6/ Watchlist
As soon as you've checked and made sure, I suggest picking a few coins and saving them.
Categorize them to make it easier for you to navigate.
That way you can keep an eye on them.
7/ The last built-in feature you don't have to skip is Price Alerts.
Go and set them up.
So you'll stay up to date and grab the coin at the right moment.
I hope my article was helpful, if so, please :
Follow me for more alpha content
Like & Repost to motivate me continue
I highly recommend that you don't put trade on the back burner and have time to raise money!
I research and find the most hidden gems all the time.
So, here is the tool that will increase your money 100x.
I think everyone has used DexScreener, but I found more unique tool!
@DEXToolsApp is a platform that provides real-time data and analytics.
This tool will help you find those special gems.
1/ Well, I would like to get started!
First, you need to go to https://www.dextools.io/app and take a look around.
Sign up, you will need to connect your wallet.
Next, click on DEXTBoard and select Pairs.
To see new tokens, you will need to set the filter to 24h.
The main advantage of DexTools over DexScreener is that you can set filters by category, as well as track recent winners and losers by price change.
At the moment we will need Memecoins and Celebrity.
2/ The next step is to set up filters to remove what we don't need.
⢠Volume (24h): 200K
⢠Swaps (24h): 200
⢠T.M.Cap: 100K
⢠Hide pools with stable and native
⢠Hide tokens without social networks
3/ DEXTools offers another useful feature - sections for tokens.
I recommend to pay attention to New Socials, Liquidity Unlocks and Token Unlocks.
You can use them to keep track of updated social links, upcoming liquidity and token unlocks.
4/ After you've chosen a token, you should reassure and verify it. Here are a couple of working tools:
⢠@Rugcheckxyz. Copy and paste the contract address. Make sure the token is legitimate.
⢠@bubblemaps. Do the same with the address to verify there are no suspicious connections between wallets.
5/ Don't forget about Social Media.
⢠@getmoni_io. You can use it to check who is following the coin.
⢠Communities on Twitter or Telegram.
Look at how active the creators are on the pages, what kind of comments they leave. Everything should look organic.
6/ Watchlist
As soon as you've checked and made sure, I suggest picking a few coins and saving them.
Categorize them to make it easier for you to navigate.
That way you can keep an eye on them.
7/ The last built-in feature you don't have to skip is Price Alerts.
Go and set them up.
So you'll stay up to date and grab the coin at the right moment.
I hope my article was helpful, if so, please :
Follow me for more alpha content
Like & Repost to motivate me continue
đ¤đ¤đ¤đ
90% Accurate chart
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Wow 𤊠great đ I've always wanted to collaborate with you. I'm #DataScientist
Binance Blog
--
Binance's Corporate Culture
Key takeawaysBinance's unique work culture is built on the passion and motivation that drives its employees.It is not the attractive privileges or the comfortable offices that attract the best talents, but our values.Flexible hours, remote work, and the absence of corporate jargon are some of the features that distinguish Binance's professional culture.Games rooms, all-you-can-eat buffets, massage chairs⌠none of this is yet a reality.
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User Loses $700,000 in Microtransaction
It was a sunny morning in the world of Ethereum when newly minted cryptocurrency millionaire Thomas Meier decided to buy a coffee in midtown Manhattan. With a glint of wealth in his eyes, he opened his digital wallet and made a simple microtransaction on the Ether network, not imagining the cost it would entail. When he received confirmation of the transaction, he was perplexed: the fee was an incredible $700,000. What seemed like an ordinary purchase ended up with a harsh lesson on the pitfalls of the Ethereum blockchain.
Something similar to what happened in this fictional story happened with an Ethereum user who, in fact, lost $700,000 in a microtransaction, according to data revealed by Lookonchain. While this is an extremely rare case, it serves as a warning: the Ethereum network can, in certain transactions, apply fees that are beyond any control, without any prior warning.
While some users are concerned about the current fee structures, the Spanish banking giant (BME: BBVA) is going a step further by integrating Visaâs (NYSE: V) smart contract platform, based on Ethereum.
Since 2019, BBVA has been heavily involved in blockchain technology and its implications for the financial sector. In collaboration with Spanish insurance company Mapfre, BBVA used smart contracts to structure the first green bond. This was the beginning of a journey that led the bank to explore the world of tokenized assets and smart contracts.
source: Investing.com
It was a sunny morning in the world of Ethereum when newly minted cryptocurrency millionaire Thomas Meier decided to buy a coffee in midtown Manhattan. With a glint of wealth in his eyes, he opened his digital wallet and made a simple microtransaction on the Ether network, not imagining the cost it would entail. When he received confirmation of the transaction, he was perplexed: the fee was an incredible $700,000. What seemed like an ordinary purchase ended up with a harsh lesson on the pitfalls of the Ethereum blockchain.
Something similar to what happened in this fictional story happened with an Ethereum user who, in fact, lost $700,000 in a microtransaction, according to data revealed by Lookonchain. While this is an extremely rare case, it serves as a warning: the Ethereum network can, in certain transactions, apply fees that are beyond any control, without any prior warning.
While some users are concerned about the current fee structures, the Spanish banking giant (BME: BBVA) is going a step further by integrating Visaâs (NYSE: V) smart contract platform, based on Ethereum.
Since 2019, BBVA has been heavily involved in blockchain technology and its implications for the financial sector. In collaboration with Spanish insurance company Mapfre, BBVA used smart contracts to structure the first green bond. This was the beginning of a journey that led the bank to explore the world of tokenized assets and smart contracts.
source: Investing.com
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$BTTC
THE OVERALL VIEW OF THE TOKEN đđ
1. Fundamental analysis
Overall situation of the cryptocurrency market:
The upward or downward trends of major coins like Bitcoin (BTC) and Ethereum (ETH) often heavily influence altcoins like BTTC.
Macro news, such as monetary policy decisions, legislation, and major institutional adoption of cryptocurrencies, can also have a major impact on the market.
Analysis and important events:
Any announcements of technology upgrades, new partnerships, or major BitTorrent promotional events could positively influence the price of $BTTC .
Conversely, negative news or controversial events can have a negative impact.
Psychology and Community Concerns:
The level of community interest in BTTC on social media and cryptocurrency forums can also significantly influence the price.
2. Technical analysis
Price table:
An RSI above 70 could indicate that BTTC is overbought, which could lead to a correction.
An RSI below 30 could indicate that BTTC is oversold, which could lead to a rally.
MACD (Moving Average Convergence Divergence):
When the MACD line crosses above the signal line, it is a sign of an uptrend.
When the MACD line crosses below the signal line, it is a sign of a downtrend.
June
If the overall cryptocurrency market is positive: BTTC could increase by 20-30% due to increased interest and investment.
If there is positive news from BitTorrent: the price of $BTTC could increase more sharply, by 30-50%.
If the general market weakens: BTTC price may decrease by 20-30%, especially if there is no supporting news.
$BTC
THE OVERALL VIEW OF THE TOKEN đđ
1. Fundamental analysis
Overall situation of the cryptocurrency market:
The upward or downward trends of major coins like Bitcoin (BTC) and Ethereum (ETH) often heavily influence altcoins like BTTC.
Macro news, such as monetary policy decisions, legislation, and major institutional adoption of cryptocurrencies, can also have a major impact on the market.
Analysis and important events:
Any announcements of technology upgrades, new partnerships, or major BitTorrent promotional events could positively influence the price of $BTTC .
Conversely, negative news or controversial events can have a negative impact.
Psychology and Community Concerns:
The level of community interest in BTTC on social media and cryptocurrency forums can also significantly influence the price.
2. Technical analysis
Price table:
An RSI above 70 could indicate that BTTC is overbought, which could lead to a correction.
An RSI below 30 could indicate that BTTC is oversold, which could lead to a rally.
MACD (Moving Average Convergence Divergence):
When the MACD line crosses above the signal line, it is a sign of an uptrend.
When the MACD line crosses below the signal line, it is a sign of a downtrend.
June
If the overall cryptocurrency market is positive: BTTC could increase by 20-30% due to increased interest and investment.
If there is positive news from BitTorrent: the price of $BTTC could increase more sharply, by 30-50%.
If the general market weakens: BTTC price may decrease by 20-30%, especially if there is no supporting news.
$BTC
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Are there any other cryptocurrencies to watch?
Yes, there are several cryptocurrencies to watch in 2024 that present interesting growth potential. Here are some of the promising cryptocurrencies mentioned in recent sources:
- **Solana (SOL)**: A blockchain platform offering high-performance scaling solutions for cryptocurrency applications and decentralized marketsš.
- **Bitcoin (BTC)**: Despite its dominant position, Bitcoin continues to grow and could benefit from the introduction of a Bitcoin ETF².
- **Solana (SOL)**: A blockchain platform offering high-performance scaling solutions for cryptocurrency applications and decentralized marketsš.
- **Bitcoin (BTC)**: Despite its dominant position, Bitcoin continues to grow and could benefit from the introduction of a Bitcoin ETF².
đśâđŤď¸đ
đđđ#pepecoin $ETH
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#Bitcoinâď¸
Cryptocurrency market leader Bitcoin has once again attracted the attention of investors with its recent significant price increase. After establishing a strong base at $66,500, Bitcoin broke through the $70,000 resistance zone with a rapid rise and gained over 8% in value. This increase brought BTC closer to the $72,000 resistance zone.
New weekly high for Bitcoin
Bitcoin strongly surpassed the $70,000 resistance zone and reached a new weekly high at $71,979. It currently faces significant resistance at $71,850. The $72,000 level is considered the next major resistance point and it is believed that the price could rise further if this level is breached.
If the bulls manage to maintain this uptrend, Bitcoin price is expected to move towards the $74,400 resistance zone. Further gains could push Bitcoin towards the $75,000 barrier.
Possible fall scenario in Bitcoin
As Bitcoin approaches the $72,000 resistance level, its future movements have become a matter of curiosity. If it cannot exceed this critical level, the possibility of a downward correction may arise. In this case, the first major support point lies at $70,000. It is predicted that if Bitcoin falls below this support, the price could decline to the $67,450 support zone.
Additionally, the RSI hourly indicator also shows that it is in the overbought zone, reinforcing the possibility of a possible correction move.
The main support levels against Bitcoin lie at $70,500 and $70,000, while the resistance levels are at $71,850, $72,000, and $72,500. These levels are critical to the direction Bitcoin will follow in the near term. In particular, overcoming the $72,000 resistance could be an important step for BTC to reach new highs.
Cryptocurrency market leader Bitcoin has once again attracted the attention of investors with its recent significant price increase. After establishing a strong base at $66,500, Bitcoin broke through the $70,000 resistance zone with a rapid rise and gained over 8% in value. This increase brought BTC closer to the $72,000 resistance zone.
New weekly high for Bitcoin
Bitcoin strongly surpassed the $70,000 resistance zone and reached a new weekly high at $71,979. It currently faces significant resistance at $71,850. The $72,000 level is considered the next major resistance point and it is believed that the price could rise further if this level is breached.
If the bulls manage to maintain this uptrend, Bitcoin price is expected to move towards the $74,400 resistance zone. Further gains could push Bitcoin towards the $75,000 barrier.
Possible fall scenario in Bitcoin
As Bitcoin approaches the $72,000 resistance level, its future movements have become a matter of curiosity. If it cannot exceed this critical level, the possibility of a downward correction may arise. In this case, the first major support point lies at $70,000. It is predicted that if Bitcoin falls below this support, the price could decline to the $67,450 support zone.
Additionally, the RSI hourly indicator also shows that it is in the overbought zone, reinforcing the possibility of a possible correction move.
The main support levels against Bitcoin lie at $70,500 and $70,000, while the resistance levels are at $71,850, $72,000, and $72,500. These levels are critical to the direction Bitcoin will follow in the near term. In particular, overcoming the $72,000 resistance could be an important step for BTC to reach new highs.
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Very important
Thank you đđ
Thank you đđ
LEVERAGE IS A DISASTER IN THE MARKETS
I think I've said it enough times: don't use leverage, don't try Futures, you'll only lose your money. I can assure you of that. But that's not what I want to talk about this time. I want to talk about the impact of leverage on movements in the crypto markets. Pay attention, as this is crucial to understand.
First of all, understand how leverage works: imagine you open a trade to buy with $100 with 10x leverage, it will act as if you had $1,000. How does this work? The exchange (like Binance) will simply lend you $900, and in exchange for that, if the price drops by 10% (so your $1,000 turns into $900), your position is automatically closed to prevent you from being indebted to the exchange. You are what is called "liquidated".
When you are liquidated on a long position, at the moment of your liquidation, it instantly creates a market sell: this means that your remaining $900 is sold off so that Binance can recover its money.
Now, let's take this phenomenon and apply it on a much larger scale: imagine that 10,000 people enter long with 10x leverage on BTC at 3 different levels: at $65k, $67.5k, and $70k. Now, imagine that the price drops to $63k, so -10% from $70k. The people who entered will get liquidated and will thus trigger massive sales in the market, which will strongly push down the price of BTC, which will then go down to $60,750 due to massive liquidations, which will trigger the liquidations of those who entered at $67.5k, and so on... This is called cascading liquidations.
When too many people enter the market with leverage, it creates a risk of very strong and rapid liquidations, which can create "flash crashes", that is, moments of a few minutes where BTC can lose -20 or -25%. This is also the same in traditional finance, on the scale of banks/hedge funds etc, but that's another topic.
Thank you for reading.
Feel free to like, comment, share and subscribe, it helps a lot. You can also tip me, it's my only way of being paid. Thank you very much to those who will do it.
Livio P-V.
I think I've said it enough times: don't use leverage, don't try Futures, you'll only lose your money. I can assure you of that. But that's not what I want to talk about this time. I want to talk about the impact of leverage on movements in the crypto markets. Pay attention, as this is crucial to understand.
First of all, understand how leverage works: imagine you open a trade to buy with $100 with 10x leverage, it will act as if you had $1,000. How does this work? The exchange (like Binance) will simply lend you $900, and in exchange for that, if the price drops by 10% (so your $1,000 turns into $900), your position is automatically closed to prevent you from being indebted to the exchange. You are what is called "liquidated".
When you are liquidated on a long position, at the moment of your liquidation, it instantly creates a market sell: this means that your remaining $900 is sold off so that Binance can recover its money.
Now, let's take this phenomenon and apply it on a much larger scale: imagine that 10,000 people enter long with 10x leverage on BTC at 3 different levels: at $65k, $67.5k, and $70k. Now, imagine that the price drops to $63k, so -10% from $70k. The people who entered will get liquidated and will thus trigger massive sales in the market, which will strongly push down the price of BTC, which will then go down to $60,750 due to massive liquidations, which will trigger the liquidations of those who entered at $67.5k, and so on... This is called cascading liquidations.
When too many people enter the market with leverage, it creates a risk of very strong and rapid liquidations, which can create "flash crashes", that is, moments of a few minutes where BTC can lose -20 or -25%. This is also the same in traditional finance, on the scale of banks/hedge funds etc, but that's another topic.
Thank you for reading.
Feel free to like, comment, share and subscribe, it helps a lot. You can also tip me, it's my only way of being paid. Thank you very much to those who will do it.
Livio P-V.
đđđ#pepecoin $ETH
At whatPrice youEstimate pepe?
17%
0.0001$
50%
0.001$ / 0.01$
17%
0.01$ / 1$
16%
6 votes ⢠Voting closed
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#$1000PEPE
the market will start again from the lowest level
the market will start again from the lowest level
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