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BGBUSD trade ideas

6.11 Predicting the SEC's next moveAfter filing lawsuits against cryptocurrency exchanges Coinan and Coinbase, news has emerged that US stock exchanges may make Crypto.com the next target of prosecution. According to crypto KOL @CryptoTea_, who revealed on social media that tokens such as SOL, SAND, MATIC, MANA and ALGO, which are classified as securities by the SEC, have all been listed on the Crypto.com platform, in addition to the exchange launching its native token CRO and offering pledging services, all of which could be considered securities sales by regulators. According to crypto intelligence platform Arkham, a giant whale on the Crypto.com platform transferred 30,000 ETH to the Cryptocurrency Exchange yesterday, worth around $55.2 million at the current price.
CRYPTO:BGBUSD
by sooyeon520
BGBUSD Trading within a RectangleThe Bitget Token (BGBUSD) has been giving us great opportunities both on the long and short-term. Last time it gave us enormous profit on the 1H time-frame: This time we are looking it from a long term perspective, on the 1D time-frame, where the price is rebounding after hitting the January Higher Lows trend-line, while the 1D RSI is rebounding after hitting the 30.00 oversold barrier. We are again on the 1D MA50 (blue trend-line) after a week and being in a Rectangle, we expect the price to hit at least 0.4700. As long as we trade below the 0.51845 Resistance, we will look to short every approach back towards the Higher Lows trend-line. A break below the 0.31375 Support, will be a sell signal, targeting the 1D MA200 (orange trend-line). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BGBUSD
by TradingShot
2