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The Halving Has Passed! Here’s Why Bitcoin Could Skyrocket to $80,000!(Don't Miss) Date: 12-10-2024 Technical Analysis: Read charts like never before with Flow Chart Diagram .Stay tuned and watch the levels closely for any signs of a breakout or breakdown!
Double Top The double top pattern is often seen in lower and higher time frame candlestick charts. The asset is forming a double top while trading in a channel between the resistance and support levels. After an unsuccessful attempt to break through the resistance line for the second time, the quotes turn back and overcome the neckline - the top support level. After a successful breakthrough down and retesting of the newly formed resistance, the price moves further, completing the formation of the pattern. You can see a great example of this pattern in the 30-minute USCRUDE chart below. The picture shows the formation of two peaks and an impulse breakout of their support level. Further, there is a consolidation of the instrument below and re-testing of the new resistance. The entry point is below the support level. Next, a conservative target is calculated according to money management rules. The target size is equal to the height from the top support level to the resistance. Stop loss in this case should be set above the support level to help traders avoid losing money rapidly. The double top pattern can be seen in various time frames and is a valuable tool in a trader's toolbox for identifying potential market reversals.
BONK /USDT ALERT ‼️🚀 $BONK is showing solid momentum, trading at 0.00002076 USDT (+3.23%), and is currently moving within an upward trend channel. It's setting up for an exciting opportunity, but the key levels must be watched closely for a breakout! 💡 Key Levels to Watch: Resistance: 0.00002103 USDT Support: 0.00002060 USDT 📈 Entry Strategy: Long Trade: Enter above the resistance level of 0.00002103 USDT. If we see a breakout here, expect targets at 0.00002120 and 0.00002150 USDT. Short Trade: If the price breaks below the support of 0.00002060 USDT, consider entering a short trade with targets at 0.00002040 and 0.00002020 USDT. 🔻 Stop Loss: Long Stop Loss: Set at 0.00002060 USDT to protect your downside if the price reverses. Short Stop Loss: Set at 0.00002103 USDT to limit your losses in case of a rebound. This setup is tight and ready for action—stay sharp and monitor these key levels for a breakout! The momentum is building fast, and this could be a massive move. BONK
Pi Coin: The Next Crypto Gold Rush? Pi Coin, a new cryptocurrency, is getting a lot of attention. People are excited because it's easy to mine and doesn't use a lot of energy. A big deal happened: Investors put a lot of money into Pi Coin before it even started trading. This makes people think it could be very valuable in the future. Here's what people are saying: There won't be many Pi Coins. Pi Coin could start trading at a high price. Many people think Pi Coin will go up in value quickly. Why are people investing in Pi Coin? They believe it could be very successful. They want to make a lot of money. They like that Pi Coin is good for the environment. Is Pi Coin the next big thing in cryptocurrency? Time will tell. But many people are excited about it.
SCR Coin is gaining momentum in the crypto space, sparking interest among investors. Here's a focused outlook on its potential price trajectory: 1. Short-Term (1-3 months): SCR Coin is expected to experience gradual growth 📈, with adoption likely to drive a 10-15% increase in value. 🔥 2. Mid-Term (6-12 months): As the project matures and delivers on its roadmap, gains of 30-50% 🚀 are projected, depending on market performance and expansion. 📊 3. Long-Term (1-2 years): The long-term potential hinges on widespread adoption, strategic partnerships, and market conditions. 🌐 A strong ecosystem could see SCR doubling or tripling in value. 💰Remember, cryptocurrency markets can be unpredictable—always conduct thorough research before making investment decisions! 📉
Blum Update The Blum airdrop project is indeed generating quite a buzz in the crypto community! As for the listing date, it's expected to happen sometime in Q4 2024, between October and December, although an exact date hasn't been officially confirmed yet ¹ ² ³. Price Predictions: - Initial Price: Experts predict Blum will debut between $0.05 and $0.08 in the first few weeks ¹. - End of 2024: If the platform gains momentum, prices may range from $0.10 to $0.15. - Long-term Potential: With its hybrid exchange model integrated into Telegram, forecasts suggest a price jump to $0.20 by the end of 2024, $1.00 by 2025, and potentially $50.00 by 2050 ¹. Keep in mind that these predictions are based on factors like market adoption, technological advancements, and the overall growth of the Blum ecosystem. It's essential to do your own research before making any investment decisions. Also, note that Blum has been expanding its portfolio, recently announcing support for TONXDAO, X Empire, and other projects ². This growth might impact the listing date and price predictions. Stay tuned for updates! #BLUM #BlumCrypto #BlumAirdrop