$BTC I had been waiting for Bitcoin (BTC) to drop to $80,000, but today I finally made my move and bought in at $84,000. While I hoped for a lower entry point, I'm optimistic about BTC's upward momentum and now looking forward to it reaching the $90,000 mark.
With market sentiment remaining bullish and institutional interest continuing to rise, there's a strong possibility that BTC could not only hit $90,000 but potentially set new all-time highs in the coming months. As always, I’m keeping a close eye on key support and resistance levels and staying updated with market trends. Let’s see where this journey goes!
yesterday we invest 1 thousand but after one hour we lost 50 dollars .. it mean i did mistake an investment in nill
Hain Ahmad
--
Bearish
Nillion ($NIL ) is currently trading at approximately $0.5794 USD.
A recent long liquidation of $1,287 at $0.5792 indicates notable selling pressure around this price level. Analyzing NIL's current market position is essential for informed trading decisions.
Key Support and Resistance Levels:
Support Levels:
$0.54: Identified as the 0.236 Fibonacci retracement level, suggesting potential buying interest.
$0.40: A deeper support level if the price declines further.
Resistance Levels:
$0.6491: Recent intraday high, indicating a potential resistance point.
$0.8083: A higher resistance level observed in recent analyses.
Buy Zone, Target, and Stop Loss:
Buy Zone: Considering the current price and support levels, a potential buy zone could be between $0.54 and $0.58.
Target: If NIL maintains support and breaks through resistance levels, potential targets include $0.6491, followed by $0.8083.
Stop Loss: To manage risk, setting a stop loss slightly below the support zone, around $0.52, could be prudent.
Market Outlook:
NIL's ability to hold above the $0.54 support level is crucial for its bullish case. Technical analyses suggest that maintaining this support could lead to significant upward potential.
Conclusion:
Given the current market dynamics, entering a long position in the $0.54–$0.58 buy zone with targets at $0.6491 and $0.8083, and a stop loss at $0.52, could be a strategic approach. However, it's essential to stay informed about market trends and adjust your strategy accordingly.
*Note: Trading cryptocurrencies involves significant risk. Always conduct thorough research and consult with a financial advisor before making any investment decisions.*
The U.S. SEC (Securities and Exchange Commission) is taking crucial steps to shape the future of the cryptocurrency industry. The upcoming SEC Crypto Roundtable is set to address key issues that could have a significant impact on how cryptocurrencies are regulated and integrated into global financial markets. This roundtable aims to bring together industry experts, regulators, and stakeholders to discuss the challenges and opportunities presented by blockchain technology, digital assets, and decentralized finance.
As we witness the ongoing evolution of the digital economy, the decisions made by the SEC could set important precedents for how the industry will navigate future challenges and growth. Whether you’re a crypto enthusiast, investor, or industry professional, this event is one to keep an eye on.
Stay tuned for updates as the SEC continues to shape the regulatory landscape for the crypto space!
In this idea, I want to talk about XRP, because in my opinion, the price is currently sitting at a critical decision-making area—and any moment could lead to a major move. So let’s take a look at the possible scenarios: 👇🔥
🟢 Bullish vs. Bearish – What’s Next?
First of all, we’re still in an uptrend, and as the saying goes: "The trend is your friend until the end." 📈 However, the current pattern forming on the chart—if it plays out—could mark the end of this uptrend, at least in the short term. 😬
On the flip side, there’s also a bullish scenario at play: a potential bull flag pattern. I’ve drawn it on the chart using the orange resistance line. If the price can break above this resistance, we could expect much higher targets—and I’ll definitely update you on those in my next posts. So make sure to follow me and don’t miss the train! 🚂🚀
and also remember :
🐺 Discipline is rarely enjoyable, but almost always profitable. 🐺