#BinanceTurns8 Join the #BinanceTurns8 anniversary celebration with us and receive a share from the BNB reward fund worth up to 888,888 USD! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_LYR0E
#BreakoutTradingStrategy Breakout – a great opportunity but also a big trap. #BreakoutTradingStrategy Breakout trading is an essential part of my strategy, but not every breakout is a sure thing. There are times when the price breaks through resistance and then... turns around and 'goes back to where it came from' 😢 ⸻ ✅ My breakout strategy: 1. Confirm 3 factors before entering a trade: • Price breaks through a strong support resistance zone (H1 timeframe and above) • Volume increases significantly accompanying it • RSI is not too overbought (above 80 is when I avoid) 2. Do not fomo the first breakout, wait for a pullback to retest the breakout zone → only then enter the trade (safer, shorter SL) 3. Clear stop loss just below the old breakout zone • Target: Based on the height of the pattern or the nearest resistance area ⸻ 📌 Hard-earned experience: • Small timeframe breakouts (5m - 15m) are often easy false breakouts • If volume is low, I usually skip it because 'breaking without force' is likely to be fake ⸻ How do you trade breakouts? Let's share so that no one gets 'slapped by the market' anymore 😅👇 #Binance #TradingTips #CryptoStrategy #FakeBreakoutKiller
#DayTradingStrategy For today's Trading Strategy, let's discuss Day trading is the practice of opening and closing trades within the same day to take advantage of intraday price movements while avoiding overnight risk. It requires discipline, the ability to make quick decisions, and effective trade management. Which day trading strategy is the most suitable for you? How do you keep your emotions in check and manage risk in fast-paced markets.
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#HODLTradingStrategy #HODLTradingStrategy The HODL strategy is suitable for those who believe in the long-term value of crypto. Instead of short-term trading, I choose to buy potential coins like BTC, ETH and hold them for a few months to a few years. The advantage is not getting caught up in short-term volatility, and the mindset is also more stable. However, it is also necessary to choose the right time to buy, to avoid buying at the peak. I often combine fundamental and technical analysis, buying when the price hits strong support. The most important thing is to be patient and believe in my strategy. #
#SpotVSFuturesStrategy Generally speaking, the spot market is where commodities, currencies, stocks, and bonds are traded with immediate payment, whereas the futures market (futures contracts) executes the payment of the underlying assets and futures contracts on a predetermined date in the future. The spot and futures markets are essential ecosystems for traditional financial assets, as well as playing an equally important role for cryptocurrencies.
#BinanceTurns8 #Binance #BinanceTurns8 Join the #BinanceTurns8 anniversary celebration with us and receive a share from the BNB reward fund worth up to 888,888 USD! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_P3BSR
$BTC Today's Bitcoin price is US$94,938.54, with a 24-hour trading volume of $30.8 B. BTC has fluctuated +0.20% in the last 24 hours. The current price is down -0.80% compared to the highest price in the last 7 days, which was $95,704.06, and it has increased 7.45% compared to the lowest price in the last 7 days, which was $88,354.95. BTC has a current supply of 19.86 M BTC and a maximum supply of 21 M BTC.
#AirdropStepByStep — Step-by-Step Airdrop Guide Receiving an airdrop is not always straightforward. Some require social tasks, others require testnet interaction, or multi-step tasks. Use #AirdropStepByStep to guide others through an airdrop that you have completed from start to finish. 💬 Your post may include: · A brief introduction to the airdrop/project (what is it about?) · Required tasks to qualify (e.g., connect wallet, testnet, tasks) · Step-by-step instructions on what you did · Tips or warnings (e.g., "you will need testnet ETH" or "transaction fees are very high") · What you received or expect to receive 💡 Tip: Use screenshots or screen recordings to help present your personal process! 🚫 Reminder: Keep the links on Square, do not allow external links. 👉 Post with #AirdropStepByStep , share your insights to earn Binance Points and complete all 3 campaign topic to qualify for the 1 BNB shared reward fund! (Click on " + " on the main page of the app and click on Task Center)
#AirdropFinderGuide Airdrop Details: Distribution to: Eligible user's Alpha account (Binance exchange, NOT Binance wallet) Distribution time: Within 10 minutes after the start of the Haedal transaction Start of transaction: 29/04 (exact time will be announced) Condition: meet the Alpha point threshold Threshold announcement: 29/04—please pay attention! ⚠️Risk filter will be applied to eligible users. Users participating in reward fraud will NOT receive Alpha distribution.
#AbuDhabiStablecoin Abu Dhabi organizations plan to issue a stablecoin backed by the dirham
Abu Dhabi's ADQ National Investment Fund, IHC Group, and First Abu Dhabi Bank (FAB), the largest bank in the United Arab Emirates (UAE) by assets, announced on Monday their plan to issue a new stablecoin backed by the UAE dirham. This move indicates that the Gulf nation is increasing its investment in the cryptocurrency space.
These three organizations have confirmed that the proposed stablecoin will be fully regulated by the UAE central bank. This new digital currency, backed by the country's official currency, will provide stable value in the highly volatile cryptocurrency world.
The announcement from ADQ, IHC, and FAB is part of a larger trend as financial institutions and governments worldwide increasingly show interest in the potential of digital currencies. The UAE's decision to regulate this new stablecoin underscores the nation's commitment to providing a safe and regulated environment for the use and trading of cryptocurrencies.
#ArizonaBTCReserve Both state and federal levels in the U.S. are simultaneously accelerating plans to establish a strategic Bitcoin (BTC) reserve fund. Arizona is one such example!
On April 28, the Arizona House of Representatives approved two bills SB1025 and SB1373, aimed at creating a Bitcoin and digital asset reserve fund. The results are as follows:
SB1025: Amending current law to establish a strategic BTC fund, with 31 votes in favor and 25 against.
SB1373: Establishing a state-level digital asset reserve fund, receiving 37 votes in favor and 19 against. Both bills “greenlight” the state to invest 10% of available funds into crypto, with Bitcoin as the focus. If Governor Katie Hobbs signs off, Arizona will officially become one of the first states to incorporate Bitcoin into the state treasury.
The biggest hurdle currently is Hobbs' previous commitment; she had declared she would veto all bills until there was a budget solution for the disability care system. However, with the budget concessions approved on April 24, the likelihood of her signing SB1025 and SB1373 is looking promising. State Representative Jeff Weninger mentioned that about 15 other states are also quietly preparing similar bills. Notable mentions include Illinois, Kentucky, Maryland, New Hampshire, New Mexico, North Dakota, South Dakota, Ohio, Pennsylvania, Texas, Iowa, Montana, Missouri, Oklahoma, Utah...
The federal level is also getting involved
At the federal level, the wave is even stronger. In March, President Donald Trump signed an executive order directing the establishment of a "Strategic Bitcoin Reserve Fund." Not stopping there, Senator Cynthia Lummis also proposed that Congress allow the federal government to hold over 1 million BTC in the next 5 years.
$BNB BNB has surged from $507 on March 11, indicating that the bulls are actively defending the support zone of $500-$460. The expected recovery is likely to encounter resistance at the 20-day EMA line ($592). If the price sharply reverses from the 20-day EMA, the bears will attempt to push the BNB/USDT pair below $500. If successful, the pair could drop to $460.
Conversely, if the price breaks above the 20-day EMA, it will signal that the pair may continue to oscillate within the $460-$745 range for some time. The bulls will regain control if the price moves above the 50-day SMA line ($628).
#MastertheMarket Technical Analysis on March 13 Bitcoin surged from the level of $76,606 on March 11, but the bulls could not maintain the price above $84,500 on March 12. Chief analyst at Nansen, Aurelie Barthere, stated that Bitcoin is undergoing a correction within an upward trend, with the next key level lying between $71,000 and $72,000, the peak of the trading range ahead of the election.
$ETH Ether fell below the support level of $1,993 on March 9 and continued to weaken, hitting $1,754 on March 11.
The bulls are trying to recover, but are expected to face strong resistance at the level of $2,111. If the price turns down sharply from $2,111, it will signal that the bears have turned this level into resistance, increasing the risk of breaking below $1,754. After that, the ETH/USDT pair could drop to $1,500.
Conversely, if the price breaks above the 20-day EMA ($2,235), it indicates that the market has rejected the downward momentum below $2,111. This pair could rise to $2,800, where the bears are expected to appear.
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#Squar2earn #ETH Ethereum (ETH) is undergoing a strong correction, down 11% in the past week as the downward momentum continues to dominate the market. The Relative Strength Index (RSI) remains weak, indicating that buying pressure is not strong enough, while the Directional Movement Index (DMI) confirms that sellers are still in control of the situation.
Additionally, the Exponential Moving Averages (EMA) are forming a clear bearish structure, signaling the possibility that ETH will soon test the important support level at $1,756, and may even drop below $1,700 for the first time since October 2023.