ORDI has exhibited a sharp downtrend, with its price dramatically falling from 100 USDT to 11 USDT.š¤
RiazAliPanhwar
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Bullish
š ORDI/USDT Trading Signal š
Current Price: $12.01
Signal: Bullish Momentum Expected
Entry Zone: $11.80 - $12.10
Take Profit Levels:
$13.30
$14.20
$15.10
$16.50
Analysis: ORDI has experienced a significant downward trend over the past four months, reaching a bottom line. The bearish momentum appears to be waning, indicating a potential bullish phase in the coming hours. #ORDI $ORDI
Master the RSI ā Your Key to Spotting Overbought or Oversold Markets
Want to time your trades better? Meet the Relative Strength Index (RSI), a must-know technical indicator on Binance charts. RSI ranges from 0 to 100: above 70 means a coin might be overbought (ready to drop), below 30 suggests oversold (could bounce). Example: If $BTC hits RSI 75, sellers might step in soon. Pro tip: Combine it with Binanceās candlestick charts for sharper entries! Curious? Dive into RSI on Binance Academy. #LearnToTrade #TechnicalAnalysiss #learn2earn
A picture from the past when Bitcoin was trading at $11,000 and XRP at $1.380 there is a reason why I'm sharing this picture with you.
There is a lesson in it. Open the picture and see that there are some coins sitting in top 10 coins LTC , BCH , XEM and XLM and now they're nowhere to be seen even the prices are lower than these prices and BTC is trading much higher. This is the big lesson for the people who blindly trust on Altcoins and hold these coins for their life.
Everyday hundreds of coins are coming in market and you never know which coin will do what. No coin deserves to be held for long-term except Bitcoin.
Choose your investments wisely. Never trust any coin for life. Get in ride the cycle and take your exit.
ONLY Bitcoin will stay here. Most of the coins will come and go in dust. Just like the coins in the list and just like The LUNA and FTX.
Top 10 of prediction of crypto to Gain more after Bitcoin Halving
Here is a list of the top 10 cryptocurrencies to watch in the next Bitcoin halving:Ethereum (ETH): Ethereum is the second-largest cryptocurrency by market cap and is the leading platform for smart contracts. Smart contracts are self-executing contracts that are stored on a blockchain and can be used to automate a wide range of transactions. Ethereum is undergoing a major upgrade to Ethereum 2.0, which is expected to make the network more scalable and efficient.Solana (SOL): Solana is a high-performance blockchain that is capable of processing thousands of transactions per second. It is a popular platform for decentralized applications (DApps) and non-fungible tokens (NFTs). Solana is also relatively energy-efficient, which makes it more sustainable than some other blockchains.Cardano (ADA): Cardano is a proof-of-stake blockchain that is known for its scalability and security. It is a popular platform for smart contracts and DApps. Cardano is also developing a number of sidechains, which will allow it to process even more transactions per second.Avalanche (AVAX): Avalanche is another high-performance blockchain that is capable of processing thousands of transactions per second. It is a popular platform for DApps and DeFi applications. Avalanche is also known for its low transaction fees.Polkadot (DOT): Polkadot is a blockchain protocol that allows different blockchains to communicate with each other. This makes it possible to build cross-chain applications and protocols. Polkadot is also known for its scalability and security.Polygon (MATIC): Polygon is a layer-2 scaling solution for Ethereum. It allows developers to build and deploy DApps on Ethereum without having to deal with the high gas fees. Polygon is one of the most popular layer-2 scaling solutions for Ethereum, and it is growing rapidly in popularity.Cosmos (ATOM): Cosmos is a similar project to Polkadot that allows different blockchains to communicate with each other. Cosmos is known for its scalability and ease of use. It is a popular platform for building new blockchains.Algorand (ALGO): Algorand is a proof-of-stake blockchain that is known for its speed and scalability. It is a popular platform for DApps and DeFi applications. Algorand is also relatively energy-efficient, which makes it more sustainable than some other blockchains.Fantom (FTM): Fantom is a high-performance blockchain that is capable of processing thousands of transactions per second. It is a popular platform for DApps and DeFi applications. Fantom is also known for its low transaction fees.Near Protocol (NEAR): Near Protocol is a proof-of-stake blockchain that is known for its scalability and user-friendliness. It is a popular platform for DApps and DeFi applications. Near Protocol is also relatively energy-efficient, which makes it more sustainable than some other blockchains.It is important to note that this list is not exhaustive and there are many other cryptocurrencies that could have been included. Investors should always do their own research before investing in any cryptocurrency.#Write2Earn #TradeNTell NOTE: I am not a financial advisor and this is not financial advice. Please do your own research before investing in any cryptocurrency.š”Remember: Providing you with the best investment articles takes a lot of effort. Your generous tips empower our mission and support us in delivering the best investment advice.
Types of Indicators in Technical Analysis for trading
Technical analysis is a method of analyzing financial market data to identify patterns and trends that can be used to predict future price movements. Technical indicators are tools that can be used to help identify these patterns and trends.
There are many different types of technical indicators, but they can be broadly classified into four categories:
1- Trend-following indicators are used to identify the direction of the trend. Some common trend-following indicators include moving averages, trend lines, and channel breakouts.
2- Momentum indicators are used to measure the strength of the trend. Some common momentum indicators include the Relative Strength Index (RSI), Stochastic Oscillator, and Moving Average Convergence Divergence (MACD).
3- Volume indicators measure the amount of trading activity. Volume can be a valuable tool for identifying changes in the trend or for spotting potential reversals. Some common volume indicators include On-Balance Volume (OBV), Chaikin Money Flow (CMF), and Volume Price Trend (VPT).
4- Volatility indicators measure the degree of price fluctuations. Volatility can be a valuable tool for identifying potential trading opportunities. Some common volatility indicators include Bollinger Bands, Average True Range (ATR), and Keltner Channels.
Which indicators are best for you will depend on your trading style and goals. It is important to experiment with different indicators and see which ones work best for you.