BTC/USDT SAME XMN DATA CAN HAVE HUGE EFFECT FOR BTCWe have seen what XMN data have done with the trend of BTC in the past, and in 2024 for the first time the same XMN data shows.
The last XMN data did affect BTC from 53K to 16K
We are not able to count BTC where its able to go, but there is a high chance for BTC fall trend.
XMN data shows sometimes in the full history of BTC, and it's not something that shows in a low time frame.
BTC can still make more fake increase trends before the trend starts.
Never go on expecting, but follow BTC's low time frame what the data now shows.
Also, it means not that it should start today.. but how the data looks something can happen coming time if the data confirms what happened before.
BTC can target over 61K, but it will stays risky.
Whale
CAN BCH NEW VOLUME GAIN $300?Thanks for reading this updat.
BCH seems to have a new volume what can get new confirmation in the coming peroids.
This updates depending on day trade, And the market should confirm with time the right market way.
#Nottradingadvice
#For day traders take always profits when market increase
#Expect noting from the markets, but follow what it shows.
XRP- NEW DAWNYou get money, they get money, this is a possible start for the bullrun of crypto. Its cup and handle in cup in handles, flags within flags.
Looking at this Risk to Reward is very promising for bulls vs bears. Do YOUR OWN ANALYSIS, but keep this chart in mind for is for told within the near future and beyond.
BAT: THE WHALE COIN WITH INCREASE VIEWBAT is known as a coin that has a whale structure building trend in positions of DCA and more.
Some trends show the possibility that BAT can have a breakout in the coming time.
This possibility depends on the technical view of the coin.
$0,35 is an important Trend line that can be the next breakout increase.
This update depends on possibilities, as there is no guarantee in the market.
BTC : ON IMPORTANT MOMENT FOR BREAKOUT VOLUME $32800 - 38KBTC seems on a very interesting point, and as the volume plays between the uptrend of 31K and the dip trend of $30K, can this signal that there is an interesting volume that wants to affect the BTC price?
We still expect that BTC can enter a new breakout to $32800 where the price can increase further to 38K, this is more on the technical view of the BTC price action.
The last breakdown can be a dipping trend for a new breakout.
Every huge breakout did start with a breakdown.
There can be more time to play with the price action before a breakout could happen.
It's not so easy that we could follow the price up and up.. there should be always volume out to get new LIQ in price.
2 important uptrend targets we checkout
$32800
$38K
For the bull trend target we check
$47K
📊 Popular Trading Terms CheatsheetThese are some of the most common terms you will hear around social media and often see them mentioned around trading related content. The best advice is to trade what you see in your chart, not the psychological noise of others
📌 FOMO
Fear of missing out is a common psychological event, especially when it comes to trading. You see prices go up and you feel guilty that you didnt enter on a trade and you missed that sweet 10-20% profit. The worst thing to do is be careless and enter a trade while the move has already happened. Trading is about patience and having a plan to execute. If you missed the move, you wait for the next one.
📌 FUD
Fear, uncertainty and doubt, usually spread by people that have zero idea of what they are doing. Very common observation around trading communities where they grab a headline and make it as if the world is going to end and everything is going to zero. Classic example is the whale alerts where they see big numbers of USDT moving from wallet to wallet, saying "dumb is coming sell everything". It never comes. Trade the charts not what clueless people have to say about it.
📌 HODL
Hold on for dear life, basically doubling down that you made a good trade and you should stick with it even if you know for a fact your entry was invalidated. If your plan is to day-trade and not "invest" into an asset, you should consider not hodling on losing trades. Depending how volatile that market you chose to trade is, you could hold into trades that can potentially wipe your whole account while copping with the fact that "it will get back to break even". Risk management is key, if you holding a losing trade which you invested more than 1-3% of your portfolio into it, you're already doing it wrong.
📌 MOONING
Price is actively increasing, the paradise of only up never down. A classic observation of moonboys and how they think price has only one direction. It doesn’t. This psychological state can be referred to as Euphoria and Greed. There is nothing going one direction so make sure you're a guard of your own mind and not let people like that influence what you actually see in the charts.
📌 WHALE
Wealthy investors who have enough shares of an asset to manipulate it. Basically people that bought early and cant wait for the next hype to dump their bags on new investors. Very common on the crypto world where people that bought before the hype happened, sell when the liquidity allows for it.
📌 ATH
All time high, basically the price of that asset has reached the highest it has ever been. It can have a powerful psychological impact on market participants because it makes them optimistic and over confident. If you're buying an asset that just made an ATH you add liquidity to the early investors of that asset.
📌 SHILL
Best observation of this are people promoting sh*tcoins around social media just so they can run their pump and dump schemes on their followers. When you see a "crypto" account run "airdrops" and "we will tell you the next x10000 pump coin in 10 mins" they aren't trading and you're already participating on their schemes by giving them engagements to promote what they are doing. Stay away from anything related to that, it doesn't exist.
BULLISH
The classic investors that always gonna double down that for example Bitcoin will go to 300k this year and long every dump of the market. It's never good to be doubling down on which direction the market will go then constantly long all day over a certain period of time if you're actively day trading.
📌 BEARISH
The opposite of bullish. They will tell you they will go long on Bitcoin once it gets back to 1k. Doubling down that the whole market will crash to that extend and shorting every pump. Trade the markets and what you see, having a bias such as this will likely get you rekt before you manage to see any major move to confirm your years long bearish take.
👤 @QuantVue
📅 Daily Ideas about market update, psychology & indicators
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Ethereum Whale deposited $738 million worth of ETH on Coinbase !After the first price target was reached today:
In my opinion, Ethereum currently exhibits concerning technical patterns and fundamental factors that could potentially lead to a significant decline in its price!
The presence of a bearish pennant and a head and shoulders chart pattern suggests a bearish trend reversal may be in play.
Adding to the bearish outlook is the news of a prominent Ethereum whale, who owns a substantial amount of ETH worth approximately $738 million, depositing their tokens on Coinbase, possibly with the intention to sell.
Such a massive influx of supply into the market has the potential to trigger a significant selloff, leading to downward pressure on Ethereum's price.
Considering these factors, I have set a price target of $1140, which represents a substantial decline from the current levels.
Looking forward to read your opinion about it!
BinaryX (BNX) BinaryX price today is $160 with a 24 hour trading volume of 62 million dollars. BNX price is up 1% in the last 24 hours.
BinaryX ($BNX) is the platform cryptocurrency for the BinaryX ecosystem, which includes the DAO and all products & games utilizing $BNX. BinaryX began as a decentralized derivative trading system. Recognizing the burgeoning popularity of GameFi and interest in the metaverse games, the team gradually evolved into developing decentralized video games and is now fully transitioning to be a GameFi platform offering IGO services to bridge Web2 developers to Web3.
this project is extremely volatile but it still hold the up trend and if you going to trade make sure you have a solid stop loss
I started investing at 40$ and taking some profit now
Unknown Wallet Deposits 260000 ETH Worth $434 Million on Binance
An unknown investor has made a huge transfer of ETH to Binance.
Cryptocurrency whale tracking platform, Whale Alert, has observed the movement of a massive amount of Ethereum (ETH) to Binance, the world’s largest crypto exchange.
According to blockchain data shared by Whale Alert, a total of 260,000 Ethereum were deposited on Binance in the hours leading up to press time.
When the transaction was made, the 260,000 ETH were worth approximately $434.18 million.
Not Surprising
It is not surprising to see a whopping amount of ETH deposited to Binance. Ethereum is expected to undergo a significant upgrade, ultimately leading to the network’s transition from a Proof-of-Work algorithm to a Proof-of-Stake.
The Ethereum team has speculated that the Merge will occur around September 13 – 15, 2022. With the upgrade happening soon, the price of Ethereum is expected to fluctuate heavily in the hours leading up to the upgrade as investors may favor the “sell the news” phenomenon.
Deeper Network DPR, News, & Whale AlertPrice - Waiting on Pattern to play out: DPR has fallen out of the triangle & Pennant , the first price drop has already happened. We are looking at potentially four more drops. 1st .0541 cents; 2nd .0508 cents; 3rd .0481 cents; & worst case scenario of .03 cents if the large triangle plays out. Its 100% guaranty that we will hit .05 cents which we have two patterns taking us there. (This pattern should of been a Bullish Rising Wedge but because of the Bearish news about HNT I believe change to a Bearish Triangle instead, apparently Deeper Purposely sold a bunch of HNT/DPR miners to a mining farm before all of the common folks got there equipment setup. The mining farm was cheating the HNT mining system and got caught and Deeper Network was been kick out of HNT for 1 year apparently. This hole HNT mining on DPR was influenced by a Volunteer Telegram Mod & Seed Investor Ezel who try's to re sell mining equipment on his website www.fastminers.io, instead of him trying to help Deeper develop there website and shipping and not using these public money platforms, he wanted an extra piece of the pie and made his company on the side since he now has access to miners from Deeper. So I wonder if Ezel had anything to do with the Mining Farm getting all of this new equipment first????????????????
News - Bearish news from the AMA this week. Deeper told the miners that the token would be valuable because it would be used as the utility token for the hole network of Web3, for VPN/DPN and it would be used to buy equipment. They later did and auction for the first Pico using DPR showing the community how amazing the token is. Now on this weeks AMA because of the token crash from the HNT mess. They said they change there minds again we will make a separate token on the chain that will have an American dollar value, this token will be the one used now instead of DPR as the Utility Token now, you can not transfer it of resell. So its basically like a gift card from star bucks. So this has a positive effect on the Delaware Deeper Network Company that makes the equipment because its stable and like a gift card its a bunch of free money sitting in there bank account interest free until the person uses it. But this has a negative affect on the Marshall Islands Deeper Network DPR Crypto Currency price because they have just devalued there asset. They are turning it into dogecoin Coin without the hype behind it. They also keep saying there are going to burn the token but have not as of yet put a standard process in place after 7 months. I would not at all be surprised if they made a burn wallet and kept the seed phrase to take all the coins back years down the road...........
Whale Alert - When Deeper Network starting the mining they said there would be no Whales allowed on all the AMAs and each person was only aloud one miner each, because they did not want a whale and anyone controlling the network. 7 months later we learn from this weeks AMA that there was a secrete Whale who Deeper Network Let have 49 Gold Ter 8 Miners (equals 49 wallet mining address) and let them set them up in a data center in the Caribbean Island of Saint Vincent and the Grenadines, in other words they are currently mining over 20 Millions coins per year. The AMA said well its ok to be a whale now, after it was caught by a community member. They said on the AMA it was no big deal, but this is 100% incorrect. Why: because of the Polkadot Governance System that the Deeper Chain is on. Only the first 1047 Miners (Wallets Connected to each mining Machine) got invited into the Governance Society of the token when there wallet address was made after staking to get there Genesis Gold 1,000/Silver 47 Miner. These 1047 members get a vote per wallet address on the miner they have and can increase there voting power if they put tokens on hold temporarily to over power the other wallet holders. The 1047 wallet holders vote on the Council Members with 13 seats available or in other word 13 mining wallet address assigned . The council member who has the most tokens on hold for him is the chairmen. So first of all this Whale can easy take over the council because the other miners are only mining about 77,000 tokens each with there lower Ter miner. Once the council is controlled the council determines who will be a validator. Each Validator is getting well over 1+ Million tokens each year. The council can also lockup a persons wallet so he can not get his DPR crypto out of it (any DPR Wallet Address that exist miner or none miner), if they want to, among a whole lot of other things that can be done. So who is this Whale, well it would have to be someone internally associated with Deeper Network, because they did not want anyone else in the same position. Is there another Whale, i would think so...... Can they manipulate the price, well that all you hear about with BTC so i would think so as well..................................... The Volunteer Telegram Mod & Seed Investor Ezel from www.fastminers.io told one of the Gold Genesis Miners that he would never be on the Deeper Network Council before this Whale was identified so i wonder what his involvement is in all of this????????
Deeper Network DPR Council Website: apps.deeper.network/#/society you can not get access to additional tabs or items to look at unless you can create a new wallet address and link to a JSON account.