$C98 C98/USDT Short Trade Signal: Bearish Outlookš„²
C98 is currently experiencing significant bearish pressure, indicating a likely continuation of its downward trend. The price has faced a strong rejection at the $0.0647 level, followed by a sustained decline to its current price of $0.0585. This movement is accompanied by increasing sell volume, suggesting that sellers are in control and aiming for lower support levels. There are no strong reversal signs evident at this time. Trade Setup (Short): * Entry: $0.0585 * Take Profit: $0.0550 * Stop Loss: $0.0604 Market Outlook: The momentum for C98 is clearly bearish, with a breakdown of intraday support levels. Should selling volume remain elevated and the Relative Strength Index (RSI) continue to reflect weakness, further downside movement is anticipated. Traders are advised to manage risk tightly, as short-term price bounces can occur even within a dominant bearish trend. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Cryptocurrency trading carries significant risk, and you could lose all of your capital. Always conduct your own research and consider your risk tolerance before making any trading decisions.
šØ High UpTrend Alert šØ SOL will hit 250 ending this month. Take it with a grain of salt. #NVDA token is to close to near listing. šHappy Trading š $SOL
JUST ADDED ON BINNACEšŖāš¼ 2nd mega drop coin in #binnace Lista DAO is a liquid staking and decentralized stablecoin protocol. Users can undergo staking and liquid staking on Lista, as well as borrow lisUSD against a variety of decentralized collateral.
Crypto exchanges see $3B $ETH Eth exit since ETF approvals
Over $3 billion worth of EtherĀ has been removedĀ from centralized crypto exchanges since the May 23 approval of spot Ether exchange-traded funds in the United States ā signaling a potential upcoming supply squeeze. The amount of Ether on exchanges fell by around 797,000 between May 23 and June 2, equivalent to $3.02 billion, according to CryptoQuant data. Lower exchange reserves imply fewer coins are available for sale as investors move their own coins to self-custody for purposes other than immediate selling. #IOprediction #Binance200M #ETHETFsApproved #etherreum
Largest Bitcoin mining firm sold 63% of mined $BTC in May
Marathon DigitalĀ sold 63% of its Bitcoin production in May, which amounted to 390 out of 616 BTC mined, according to its first report following the Bitcoin halving event. The large sale was contrasted by other mining firms like Riot Platforms, which sold none of its Bitcoin, and CleanSpark, which sold a small portion. Miners are seeking to expand their fleets and improve efficiency to remain competitive as rewards shrink. CleanSpark, for example, is said to be āhighly active in the M&A space,ā while Marathon is exploring overseas opportunities. #Binance200M #bitcoin #BTC #BlackRock
Big šØšØ Announcement on $ROSE $BB $BNB š„š„ Price on an uptrend It's predicted to get higherš š£š£Take sufficient time to make you analysis and be ware of your resistance š£š£ #btc70k #BnbAth #StartInvestingInCrypto #MtGox
$CTK Spot Entry Position Entry Price: Enter around $1.20, where it currently holds. šµ Stop Loss (SL)Primary SL: $0.95, just below recent support levels to minimize potential losses. š Secondary SL: $0.68, in case of a sharp downturn, based on strong historical support. šØ Take Profit (TP) LevelsTP1: $1.50 ā Near the lower end of historical resistance, capturing short-term gains. šÆTP2: $1.73 ā At recent high resistance, a moderate target. šTP3: $2.00 ā Beyond recent resistance, for a higher risk-reward ratio. š
This strategy aims to capitalize on short-term gains while managing risk through strategic stop-loss placements. Always conduct your own research and consider your risk tolerance before trading. #CTK #Megadrop #coinanalysis
š Analysis of MEME Coin (MEME/USDT) Daily Chartš°
Current Market Sentiment The current news cycle is highlighting the renewed interest in meme coins, largely due to high-profile endorsements and market activity. Elon Musk's involvement with Dogecoin and similar meme coins often leads to significant price movements. Moreover, new meme coins like PEPE have shown strong performance and investor loyalty, suggesting a vibrant but volatile market for meme coinsā (Kitco)āā (CryptoPotato)ā.
š Technical Analysis The provided 1-day chart for MEME coin shows significant volatility with several peaks and troughs indicating a highly reactive market.
Here's a breakdown of the technical analysis:
Resistance Levels: Major resistance is seen around $0.0466.Minor resistance around $0.0390.
Support Levels: Major support is found near $0.0155.Minor support at $0.0250.
Trend and Patterns: The coin has experienced sharp upward movements followed by corrections, typical for highly speculative assets.Current upward movement seems to be a bounce back from recent lows.
š Trade Strategy
Given the high volatility and current market trends:
š Entry Position: Consider entering a long position if the price breaks above the minor resistance at $0.0390 with significant volume.
šØStop Loss (SL): Set a stop loss below the minor support at $0.0250 to protect against unexpected downturns.
ā ļø Caution Due to the inherent volatility and susceptibility to news-driven spikes in the price of meme coins, it is crucial to remain cautious. Major influencers' tweets or market sentiment can cause abrupt price changes. Always use stop-loss orders and do not invest more than you can afford to lose. $MEME
$NOT Based on the latest information,šš NOT coin has experienced a significant rally, as visible in the provided 4-hour chart. The surge is likely due to recent positive sentiment in the broader cryptocurrency market and specific developments related to NOT coinā (Hindustan Times)ā.
Trade Position Entry Point:Consider entering a short position if the price breaks below $0.009, as this might indicate the beginning of a downtrend.
Take Profit (TP) Levels: TP1: $0.008 TP2: $0.007 TP3: $0.006
Stop Loss (SL): Place an SL at $0.010 to protect against further upside risk.
These levels are based on recent price action and typical retracement levels. Always ensure to monitor the market for any significant news that might impact the price movement.
š„Investing in cryptocurrency, including NOT coin, carries significant risk. Price volatility can result in substantial financial loss. Ensure you conduct thorough research and consider your risk tolerance before making any trades. Always stay updated with the latest news and market trends to make informed decisions. š„
I am writing to address a critical error regarding the listing date of the TapSwap 30. It appears there has been a misunderstanding or misinformation concerning the timeline for its listing on the exchange. To clarify, there has been no official announcement signaling the completion of TapSwap mining, and therefore, the listing on the exchange is not imminent.TapSwap is a sophisticated project that involves extensive planning and coordination. The timeline for listing is closely tied to the completion of mining operations, which are still ongoing. It is essential to understand that the listing process will only proceed once the mining phase has concluded and this has been formally announced by the relevant authorities.The mining of TapSwap tokens is a meticulous process, requiring careful monitoring and regulation to ensure fair distribution and stability of the tokens. The completion of mining is a significant milestone that signals the readiness of the token for trading on exchanges. Official communications will provide the most reliable information and ensure that we are all aligned with the projectās timelines and milestones.In conclusion, the listing of TapSwap 30 on the exchange is a highly anticipated event that will occur only after the completion of mining is officially announced. This approach ensures that the listing process is transparent, well-coordinated, and compliant with all regulatory requirements. I urge all community members and investors to stay tuned to official announcements and to exercise patience as the project progresses towards this significant milestone. Your understanding and support are invaluable as we navigate through this intricate process to achieve a successful listing. Thank you for your attention to this matter. šš $SOL $LINK $PEPE #HotTrens #HalvingHorizon #MtGox
1ļøā£ BTC Analysis: BTC has experienced a significant drop after reaching the $70,500 mark. Previously, I mentioned the key areas from $68,800 to $70,500 as critical zones.The second area was from $67,800 and the third area from $64,500. I anticipated this decline several days in advance due to key factors on May 28 and 29.There's a potential rebound from the support area between $67,000 and $67,400. Additionally, rebounds from $66,600 or $66,800 are very likely.Key areas BTC hasn't yet touched:$66,800$66,500 (support area)$66,000$65,500 (strongest support) 2ļøā£ BTC RSI Indicator Analysis: On the 4-hour RSI, BTC is currently positive at 47.78. The target is a breakout at 49.59.On the 1-hour RSI, BTC has broken through the 50.00 area, now at 50.94, showing a somewhat positive trend.On the 1-day RSI, BTC remains negative, but staying above 55.00 indicates positivity.On the 1-week RSI, BTC is positive, nearing a breakout at 69.87, very close to the 70.00 area. 3ļøā£ Market Liquidity: Total liquidity is good at the 2.502 area, with potential increases to 2.515 or 2.525 in the coming hours. 4ļøā£ ETH Analysis: ETH is positive on the 1-week RSI at 66.97, with a potential rise to 70.00.ETH could reach the $4,000 to $4,100 range if the rise is sustained. 5ļøā£ USDT Dollar Domain: The USDT domain is negative, which is positive for the market.It is crucial that the 4-hour domain does not close above 4.60 or 4.55. A drop to 40.91 would be positive.On the 4-hour RSI, the domain dropped from 50.03 to 43.28. Avoiding a close above 4.50 is essential for market positivity. $BTC $ETH $PEPE #ETHETFsApproved #BlackRock #BTCā #TrendingInvestments
Blockchain payments infrastructure firm MoonPay has launched Web3 Tools, a platform designed to simplify the Web3 experience for consumers and empower brands. āMoonPay's Web3 Tools now offers a comprehensive suite of features, including authentication, identity verification, token-gating, ticketing, and insights ā empowering brands to build communities, foster loyalty, and unlock new revenue streams,ā the company said in a statement. The new platform has already assisted global brands such as Adidas, Gucci, Puma, and Mastercard in their Web3 initiatives. For example, Puma utilized Web3 Tools to create digital twins of its latest collections, allowing customers to purchase digital sneakers redeemable for physical pairs. MoonPay developed Web3 Tools using technologies acquired through its purchase of NFT solution ethpass, along with previously undisclosed acquisitions of Plex Labs and Niftyās. āThe full potential of digital ownership can't be realized in today's fragmented Web3 landscape,ā said MoonPay CEO Ivan Soto-Wright. āBrands need safety and simplicity to confidently bring new commerce opportunities to market.ā To bridge the gap between Web2 and Web3, MoonPay offers companies assistance in navigating the Web3 space, including compliance, know-your-customer and anti-money laundering practices, and fraud prevention.
šØ Family Reveals Binance Executive Jailed in Nigeria May Have Malaria š¦
Tigran Gambaryan, Binanceās head of compliance, remains imprisoned in Nigeria and is suspected of having malaria, a family spokesperson told CoinDesk. Gambaryan collapsed in a Nigerian court on May 24. He and Binance are facing charges of tax evasion and money laundering. āDespite a court order from Justice Emeka Nwite issued on Thursday, May 23, Tigran Gabaryan has still not been moved to a hospital from Kuje prison,ā the family spokesperson stated. āHis exact condition remains unconfirmed due to the inadequate medical facilities at Kuje. It is believed he may have a severe throat infection and malaria.ā A U.S. citizen, Gambaryan has been detained in Nigeria for over two months. He was invited by Nigerian authorities to resolve a dispute with Binance. However, after a meeting with government officials, he and another Binance executive, Nadeem Anjarwalla, were apprehended by law enforcement. Anjarwalla later escaped but is also implicated in the money laundering charges. Gambaryanās wife, Yuki Gambaryan, expressed her devastation and shock to CoinDesk, highlighting that the authorities have ignored a court order. āTigran does not deserve such inhumane treatment," she said. "He has done nothing wrong and is suffering simply because he accepted an invitation to a meeting in Abuja. This has gone too far. I am begging everyone who can help, including our own American government, to recognize that an innocent manās life is at risk. Please, at least let him go to the hospital so he can recover. But more importantly, let him come home to us." The hearings for the tax evasion and money laundering charges are set for June 14 and June 20, respectively, according to a local news report. #CryptoNewsšš„V #JusticeForTigran #MalariaAwareness #CryptoCommunityAirdrop šŖšš¢ #CryptoNewsCommunity
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