Well, after the long dawn of war the world have now seen some hope of peace while have very bullish momentum on crypto market. After the trump's tweet of ceasefire and peace the market turns into green from red. So if there isn't any war then that's good for crypto. 🤑
Here, $BTC seems to have strong resistance at 108k region where it is testing its buying pressure. There it seems to be weak and have bounced back but it will test it again and if it gains enough interest to jump over 108k region then it could make new ATH this time. 🎯
Also we have to consider the liquidity graph where majority of short trade will be liquidated at 111k. But now the market sentiment is Bullish so the long trade seems to be dominating so if it fails to cross the 108k region in 2 more tries then a short term bearish momentum could be seen. 🔮
#BANANAS31🔥🔥🔥 is dominating the market this week. Well it is a token with very diluted distribution of tokens across different wallet except that one which holds about 28% of the total supply. If the sentiment stays good and that holder sleep for a while then it is going to make new ATH again and again for 2 more days at least. 👀
It all started with the #BinanceEarn section where it gives insane APR upto 500%. Since then the token is continuously rising and making and breaking its ATH again and again. It is holding about 70% bullish sentiment right now, that's pretty strong. 👑
Will it go to $1? Well no not this time, It could reach $1 if market becomes extremely bullish and its MC hits $10billion. Its quite difficult for this types of new meme tokena to gain that much attention unless it is manipulated by global icon or its team team came up with visionary integration.
For now stay away from leverage trading with this token, it's been liquidating every position and is highly volatile.
Yesterday I had told you about $BANANAS31 and its insane APR. It still has a huge APR over 268% guys. If you have bought #BANANAS31🔥🔥🔥 when i have told you then you would have earned 42% only due to price rise and also you will have good return from massive APR.
This kind of opportunity is rare in market so you have to stay alert and stay alive to earn and sustain in this market. All the best with your trade.
$BANANAS31 is booming guys. Have you checked the binance earn section, this token is crazy. This token have over 457% APR, that's insane. 🤯
Guys don't sleep on this token, it has been growing rapidly since then. Due to its high APR more and more people will accumulate this token to earn good amount of interest on capital. It's very safe and if its APR don't smash down then this token will go to moon. Maybe is was the chance given to us.
As i had said yesterday, $BTC had broke the 99k level but haven't gone down much so the 99k region was a strong support area. Now we are again seeing greenery in the market which is better for eyes.👀
Will the market be down to 99k again??
Well it depends, there isn't any reason for the market to go down except global events and issues. Like we have seen this time that the $BTC was traded above 100k region for a long time until USA got involved in the war between iran and israel. So if there isn't any global condition that favours, the market won't go down 99k region for now.
We have seen a strong pullback to 99k level. I expect it to be the resistance level and the market will have upward momentum again and makes a new ATH. If the price drops below 99k then 96k is another support region from where market could bounce back. 📈
The recent dip is to flush the liquidation out of the market. As the amount of leverage trading is excessive causing exchanges to increase APR on USDT product so that people will lend their tokens. Avoid trading in a highly volatile situation so that you could sleep happily. 💞
If the market is red then this is a buying chance, accumulate more and more of the assets to spot. And always DCA on the project you believe could make some profit for you. 🤑
In spite of those recent dips, #BOB seems still strong. Some whales had tried to manipulate the market to knock out retailers from the coin so they could buy more at low but people seems to have trust on this token. Noone is thinking about selling off this token insted everyone is talking about this token mentioning that it is a coin worth of being a part of everyone's portfolio.🎯
The hype isn't over for this token which means retail investors will accumulate more and more amount of this token for this bull cycle.
Well, $BTC have been traded over 100k for a long duration this time so there is strong buying pressure down there but the market is manipulated with some global event so it seems red. There is significant amount of liquidation sitting above on short position so the market is supposed to go up to flush some liquidation which helps exchanges to make money.🤑
Besides we are amazed by the meme culture everytime, now we have Elon's tweet of pepe so it's probable to rise. Also we have two Alpha tokens #BOB and #Jager which have shown some possibilities with large holderbase. So this dip maybe the buying opportunity or one could do Dollar Cost Averaging(DCA).
Before investing on anything just Do Your Own Research(DYOR) check what people are mostly talking about, what is the market trend and don't fall for scammers. That's it, have a safe trade 😀.
Lots of beginner traders gets over excited and thinks that they will make a fortune overnight. But they gave up due to consistent loss so they thinks its the game for wealthy people only. 🤑
Look there is a difference between trading and gambling. In gambling you are placing bets hoping that you will win something but in trading you could use some tools and do some calculations 🧮 to predict the market movement. If you are taking any trade without knowing the market 📉📈, major global events⚠️, fundamentals and community support for that token✊, utility of that token, holder base and liquidity for that token, future plan 🔮 and usecase of that token and volume and price movement in chart then you are gambling!!!
Yes, you heard right 👍 that's not trading that is gambling. So, you are less likely to win and you give up that's it. 😅
Try paper trading at first so you don't have to involve emotions in trading. A trader should have psychologically strong mind so that he doesn't take decisions on the basis of emotions. Best way to achieve it is to meditate at least 1hour a day that's it, no big deal. 🤝
When you start with real money trading, start with small amount at first and also don't forget to use isolated margin mode so your whole wallet won't be wiped out.
If you are beginner, avoid leverage trading or use only upto 20x leverage. You should sustain in the market for long time to learn trading so don't go ALL IN and don't use high leverage.
Bitcoin is the king of the market, one who understands it will know the overall crypto market. The crypto market is volatile and there isn't a way to predict the next move accurately. But we could get idea about the market trend using some indicators, charts and candlestick patterns.
Although we could get a clear market trend but the time maybe not in favour for that trend. As we know crypto currencies are distributed to a large number of holders all accross the globe but some events, disasters or even some disputes could make a large impact on the crypto world. So, a trader should be aware of the current global issues or events that could interfere with the global economic status.
For now the $BTC is looking for a strong support region and a favourable global condition to make a new ATH.
For now .... Stay Strong 💪, Stay Bullish 🐂 !!! #GENIUSActPass
The market is trying to make some healthy moves this isn't the downturn the more the candle touches the low the more stronger the support becomes and it brings some upward momentum that's the game🎯 .
To be in the game you need to learn that game, how the game works, what are the rules, who sets the limits and what is its possibility.
$BTC is still in rebound region it could hit new ATH now or just one more V pattern but according to my analysis it shouldn't dip below 99k before making new ATH. Stay Alive 💪 Stay Bullish 🐂 guys the market is in favour right now. Don't believe me just see the volume, see the chart and always DYOR before investing 👍.