I have 1 billion and I am thinking of adding 3 more in the first correction
ABDELLAH OBRAHIM
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I decided to invest in BTTC, a cryptocurrency linked to the popular BitTorrent platform. Currently, I own [number of coins] with a total value of [amount in dollars]. I find this coin promising due to its association with a large platform and its continuous growth. Although there are some fluctuations in the market, I believe that long-term investment in BTTC can be profitable.”
$BTC Bitcoin in the picture looks like a professional footballer ready to either score a fantastic goal or fall dramatically as if someone pushed it and touched it with a "light wind".
Relative Strength Index (RSI): Bitcoin is saying: "I'm comfortable here, I don't want to tire myself out by going above 70 or below 30... let me relax a bit".
Moving Averages: They are like jump ropes, and Bitcoin is trying to jump over them and say: "Can I jump higher or will I fall and get tangled up with them?"
Trading Volume: Like a crowd at a match, if the cheering increases, the enthusiasm will increase and we may see Bitcoin dancing to the top with joy, and if they suddenly stop, it will wonder: "Is the party over? Why did everyone leave?"
In the end, Bitcoin is like a person at a wedding: it will either dance until morning and celebrate or it will sit in a corner and ask itself why it came in the first place.
1. Current price: It shows that the current price is $0.00000099, with an increase of 4.21%.
2. Moving averages (MA):
MA(7): Close to the current price, indicating that the short-term movement may be stable or in a consolidation state.
MA(25): Below the current price, indicating that the medium-term trend is still bullish.
3. Relative Strength Index (RSI):
RSI(14): Around 46, which is close to the neutral zone (50). This indicates that the market is not currently in an overbought or oversold zone.
RSI(30): Below RSI(14), which means that the longer-term momentum is relatively weak.
Recommendation:
If you are considering entering, it may be a good idea to closely monitor the technical indicators and wait for confirmation of the breakout or reversal.
If the price rises above the nearest resistance level (such as 0.00000105), it may indicate a possible continuation of the rise.
If the price falls below 0.00000092, it may indicate a continuation of the decline.
Be sure to monitor any news or developments that may affect the price movement and make a decision based on your investment strategy.
Support and Resistance Levels:Major Support: The 61,000 to 62,000 level is a strong support level where the price has bounced several times in the past. If this level is broken, there could be a downward move towards 58,000 or lowerMajor Resistance: The 65,000 level is an important resistance, and if broken with strong momentum, it could signal the start of a new upward move2. Trend Indicators (Moving Averages):50-Day Moving Average (MA50): If the price is above it, it reflects that the uptrend is still strong, and it can be used as a moving support level
3. Relative Strength Index (RSI):
The current RSI is showing in a neutral range around 50. If it rises above 70, the market can be considered overbought, and there could be a bearish reversal. If it falls below 30, it means oversold and a buying opportunity
Monitoring the volume can give an idea of the strength of the moves. High volume with strong price movements reinforces the validity of the trend. If the volume increases significantly when the resistance level is broken (such as 65,000), it may be a good signal to enter a buy trade
Entry Strategy Buy trades: Enter when the resistance level of 65,000 is broken, provided that the breakout is confirmed with strong trading volume Sell trades: If the level of 61,000 is broken, a sell trade can be entered with the aim of reaching the lower levels at 58,000 or 56,000
Conclusion
Entering a buy trade when breaking 65,000 Entering a sell trade when breaking 61,000
1. Current Price: The price is hovering around 63,019, while the highest point in 24 hours was recorded at 63,700, and the lowest point at 62,350. This indicates a slight fluctuation in the price, reflecting a relatively stable market movement.
2. Support and Resistance Points:
Major Support: 52,550.00 is the recent low, making it a strong support point if a decline occurs.
Major Resistance: 65,000.00 is the main resistance as shown in the image. Breaking this point could indicate a strong upward move.
Key Entry Points:
1. Entry at Support: 52,550.00 is a strong entry point if the price drops to this level, as it represents a solid support area.
2. Entry after resistance breakout: If the price breaks above 65,000.00, this may indicate a new bullish wave and can be considered as a buy entry point.
3. Entry on bounce: If the price continues to move in the range of 62,350 to 63,700, you can enter if the price bounces from the lows near 62,350.
Recommendations:
Daily monitoring: Monitor the mentioned support and resistance points and make an entry decision based on the price action after a breakout or bounce.
Using technical indicators: such as RSI and MACD to make informed decisions.
$BTC Important Entry Points: 1st Support Level: $62,553.90 1st Resistance Level: $65,622.50 Recommendations: Buy: If the price manages to hold above $62,553.90, consider buying with a stop loss of $62,000.00. Sell: If the price breaks $62,000.00, consider selling with a stop loss of $62,553.90. Wait: If the price is fluctuating between support and resistance levels without a clear breakout, it may be better to wait until the trend becomes clear.
Important Entry Points: 1st Support Level: $62,553.90 1st Resistance Level: $65,622.50 Recommendations: Buy: If the price manages to hold above $62,553.90, consider buying with a stop loss of $62,000.00. Sell: If the price breaks $62,000.00, consider selling with a stop loss of $62,553.90. Wait: If the price is fluctuating between support and resistance levels without a clear breakout, it may be better to wait until the trend becomes clear.
$1000SATS Do not be satisfied with these small profits. Wait a few weeks and you will reach 0.003564 tm. A year to 0.01 tm. To the moon, you will save your currencies. Be patient. Do not care about the rise of the rest of the currencies. Your psychology. Control your feelings. Do not worry.
#Btc #PEPE🔥🔥 #1000SATA #Bonk #shib🔥 Cryptocurrency exchange Coinbase appears to have crashed following the Bitcoin pump that occurred today. The exchange has notified its users and expressed their awareness of the current issuers. Furthermore, the exchange's status page stated that a team is investigating the issue and that some users "may expect a zero balance" in their accounts.
Cryptocurrency exchange Coinbase appears to have crashed following the Bitcoin pump that occurred today. The exchange has notified its users and expressed their awareness of the current issuers. Furthermore, the exchange's status page stated that a team is investigating the issue and that some users "may expect a zero balance" in their accounts.