THE NEWS OF THE WEEK Trump disappoints cryptocurrency investors in his early days in office, causing Bitcoin to waver. Despite the U.S. president's promise to turn the country into the "crypto capital of the planet," his lack of clarity regarding the national digital asset reserve has raised doubts among investors. Bitcoin had reached a peak of $109,000 after Trump's inauguration, but later fell to $101,000 after the president signed an executive order to boost the industry and its regulation. Although the price has slightly recovered and remains at $105,000, investors are still waiting for more clarity on Trump's measures. The executive order signed by Trump establishes the creation of a working group to regulate digital assets and stablecoins, and opposes central bank digital currencies. However, it does not explicitly mention Bitcoin, which has generated disappointment among cryptocurrency advocates.
Experts believe that the lack of clarity regarding the national digital asset reserve is a key issue affecting Bitcoin's valuation. "The truth is that there are still doubts about whether that Bitcoin reserve can be carried out," said Javier Cabrera, market analyst. "Perhaps this will take longer than some investors expected."
Combined strategy: Fibonacci retracements + Exponential Moving Average (EMA) How it works: * Identify the trend: Use an EMA (for example, a 200-period EMA) to confirm the trend direction (uptrend or downtrend). * Apply the retracements: Once the trend is confirmed, draw a line between a significant low and high. Then, apply the Fibonacci retracement levels (23.6%, 38.2%, 61.8%). * Look for entry signals: * Uptrend: * Buy when the price bounces at the 38.2% or 61.8% retracement level and the 200-period EMA is below the price.
The Fibonacci sequence, a series of numbers where each number is the sum of the two preceding ones (0, 1, 1, 2, 3, 5, 8, 13...), has fascinated mathematicians and artists for centuries. In the trading world, it has been adapted to identify potential support and resistance levels on price charts. How is Fibonacci used in trading? Traders use Fibonacci levels (38.2%, 50%, 61.8%, etc.) to draw horizontal lines on a chart. These levels are calculated based on the distance between two key points in a price movement, such as a high and a low.
The importance of TRUMP to seize new OPPORTUNITIES in his management
TRUMP/USDT represents an intriguing opportunity, especially when linked to a figure like Donald Trump, who as President of the USA has the potential to transform the global crypto landscape. Regarding FOMO, Trump's figure generates controversy and global attention, which explains why a cryptocurrency linked to his name could experience extreme speculative movements. Initial price spikes are usually driven by FOMO: investors, fearing they might miss the chance to profit, enter the market excessively. However, these abrupt rises are often followed by equally quick corrections, so as investors, we must make decisions based on objective analysis and not on the fear of missing out on an opportunity.
Basic Technical Analysis * Bearish Trend: The price of the TRUMP/USDT token has experienced a significant bearish trend in the last 24 hours, reflected in the price decrease and in technical indicators such as the RSI (Relative Strength Index) which is below 30, indicating strong selling pressure. * Volatility: The trading volume has been relatively high, indicating a strong interest in the asset, although the overall trend is bearish.
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MonoPistola
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Quick Analysis of Chart $BTC : Based on the information provided in the 1-hour chart, I can give you some general observations: * Downward trend: The price of Bitcoin (BTC) has been decreasing over the last 24 hours, as indicated by the red candle and the RSI (Relative Strength Index) below 50. * Volatility: The market has shown some volatility in recent hours, with significant fluctuations in price. * Support and resistance: Support and resistance levels may be influencing price movements. * Technical indicators: The RSI suggests that bearish momentum could continue, but it's important to consider other indicators and the overall market context. Possible Actions: * If you are a long-term investor: You might consider accumulating more BTC at these lower prices if you believe in the long-term vision of the cryptocurrency. * If you are a short-term trader: You might consider opening a short position (selling) if you expect the price to continue falling, but be aware of the risks associated with short-term trading. * Wait: If you are unsure about what to do, you could wait for the market to stabilize or for a clearer signal to present itself. Additional Considerations: * Fundamental analysis: In addition to technical analysis, it's important to consider fundamental factors that could be affecting the price of Bitcoin, such as regulatory news, market events, and the general sentiment of investors. #TRUMP * Risk management: It is always important to manage risk when investing in cryptocurrencies. Set stop-loss limits to protect your capital in case the market moves against you.
Do you want to explore a particular investment? We can analyze together: * Cryptocurrencies: Bitcoin, Ethereum, or some riskier altcoin? The crypto universe is a true field of stars! $BTC * Stocks: Growing tech companies, traditional industries, or perhaps a more diversified approach with ETFs? * Real Estate: Invest in physical properties or explore the world of REITs? Real estate has always been a safe bet! * Startups: Are you daring enough to bet on the next big idea? Startups can offer exponential returns!
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Based on the 1-hour chart of the BTCUSDT pair, I can notice the following observations: * Bearish trend: The chart shows a clear bearish trend in the last one-hour period, with the price closing below its 7- and 25-period moving averages (MA), which reinforces this trend. * Volatility: The current candle is relatively long, which indicates increased volatility in the market at the moment. * Indicators: * RSI: The RSI (Relative Strength Index) is above 50, which suggests that the strength of buyers is still present, although the overall trend is bearish. * Volume: The volume has increased compared to previous candles, which could indicate increased interest from traders in this movement. * Bollinger Bands: (Although not shown in the image provided, Bollinger Bands are often used to identify overbought and oversold.) If the bands are tight and the price is close to the lower boundary, it could suggest a possible reversal to the upside, although this is not definitive in this case given the bearish trend. Interpretation: The chart suggests that the Bitcoin price is experiencing selling pressure in the short term. However, the strength of buyers is still present, as indicated by the RSI. It is important to note that a single hour of data may not be enough to make long-term investment decisions. Additional Considerations: * Overall Market Context: It is essential to analyze the broader context of the cryptocurrency market and external factors that may influence the Bitcoin price.#TRUMP * Additional Technical Analysis: For a more complete assessment, it is recommended to use other technical indicators and analysis tools. $BTC