buythedip
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The volatile crypto market offers savvy traders unique opportunities to maximize their investments. Embrace the power of strategic buying with #buythedip!
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๐จ๐ท๏ธ The Ultimate Guide to Buying the Dip: A Comprehensive Strategy๐ท๏ธ๐จ
As you may know, altcoins tend to go parabolic about a year after the halving, so it's crucial to buy before the pump. But how do we effectively "buy the dip"? In this post, I'll share a comprehensive strategy to help you navigate the market and make the most of your investments.
The key to buying the dip is answering 2 essential questions:
1. When do we need to buy?
2. How do we need to buy it?
**When to Buy:**
The typical bull run pattern follows this timeline: halving โ Correction & Accumulation โ ATH. We can divide this period into two stages:
- Stage 1 (Buying): This stage could last months post halving, and our goal is to build up our positions.
- Stage 2 (Fixing): As the market approaches its peak, we begin to secure our profits.
**How to Buy:**
Buying the dip is a complex process, and you shouldn't just invest all your money at once. Instead, use the cost-averaging strategy:
1. Divide your portfolio into smaller parts (e.g., $100, $200, $300, $400 for a $1k portfolio).
2. Buy each time Bitcoin drops by 5-7%, as altcoins react more sharply to these dips.
The overall strategy looks like this:
1. Check if we are in the dip-buying season.
2. Check if the altcoin is still undervalued.
3. Buy according to the following plan:
- BTC drop by 5% = buy for $100
- BTC drop by 10% = buy for $200
- BTC drop by 15% = buy for $300
- BTC drop by 20% = buy for $400
Remember, this is just one perspective and strategy. Always do your own research (DYOR) and never invest more than you can afford to lose. Happy trading, and may the gains be with you!
#Megadrop #btc #DollarCostAveraging #buythedip
As you may know, altcoins tend to go parabolic about a year after the halving, so it's crucial to buy before the pump. But how do we effectively "buy the dip"? In this post, I'll share a comprehensive strategy to help you navigate the market and make the most of your investments.
The key to buying the dip is answering 2 essential questions:
1. When do we need to buy?
2. How do we need to buy it?
**When to Buy:**
The typical bull run pattern follows this timeline: halving โ Correction & Accumulation โ ATH. We can divide this period into two stages:
- Stage 1 (Buying): This stage could last months post halving, and our goal is to build up our positions.
- Stage 2 (Fixing): As the market approaches its peak, we begin to secure our profits.
**How to Buy:**
Buying the dip is a complex process, and you shouldn't just invest all your money at once. Instead, use the cost-averaging strategy:
1. Divide your portfolio into smaller parts (e.g., $100, $200, $300, $400 for a $1k portfolio).
2. Buy each time Bitcoin drops by 5-7%, as altcoins react more sharply to these dips.
The overall strategy looks like this:
1. Check if we are in the dip-buying season.
2. Check if the altcoin is still undervalued.
3. Buy according to the following plan:
- BTC drop by 5% = buy for $100
- BTC drop by 10% = buy for $200
- BTC drop by 15% = buy for $300
- BTC drop by 20% = buy for $400
Remember, this is just one perspective and strategy. Always do your own research (DYOR) and never invest more than you can afford to lose. Happy trading, and may the gains be with you!
#Megadrop #btc #DollarCostAveraging #buythedip
$WLD
Bearish outlook confirmed ๐ฉธโ๏ธ
We lost the key support area around $4.30 first, and then the 4H key support around the $3.60-$3.80 level.
You probably wondering, should I #buythedip now?
IMO waiting now is the best option.
I will wait till the correction phase exhaust, and when there are the first signs of a reversal, I will consider taking a position.
We might drop further to around $3, so be careful if you are trading it.
#altcoins #wld #AirdropGuide #tradingshot
Bearish outlook confirmed ๐ฉธโ๏ธ
We lost the key support area around $4.30 first, and then the 4H key support around the $3.60-$3.80 level.
You probably wondering, should I #buythedip now?
IMO waiting now is the best option.
I will wait till the correction phase exhaust, and when there are the first signs of a reversal, I will consider taking a position.
We might drop further to around $3, so be careful if you are trading it.
#altcoins #wld #AirdropGuide #tradingshot
LIVEJJ_Crypto
--
Bearish
$WLD UPDATE
Point of no return? ๐จ
The macro outlook is slowly turning bearish. What initially seemed like manipulation now appears to be the first sign of capitulation.
The price is now at a decisive moment, as further decline will invalidate the current structure.
Failing to hold the $3.6-$3.8 level might bring us down to around $3.
A price below $4 will still be a good accumulation zone for the long term.
To regain bullish momentum, I need several confirmations, starting with recovering $4 and then $4.8.
Let's see ๐โ ๏ธ
Point of no return? ๐จ
The macro outlook is slowly turning bearish. What initially seemed like manipulation now appears to be the first sign of capitulation.
The price is now at a decisive moment, as further decline will invalidate the current structure.
Failing to hold the $3.6-$3.8 level might bring us down to around $3.
A price below $4 will still be a good accumulation zone for the long term.
To regain bullish momentum, I need several confirmations, starting with recovering $4 and then $4.8.
Let's see ๐โ ๏ธ
I've read someone wrote that whales are currently creating a false impression of a bull run in the market.
Does he have basis to say those powerful words?
Let's ponder on the thought ๐ค
To make it simple, he is saying that the current rally is a bull trap. Meaning this rally is staged by the whales to trick the bulls, and consequently, liquidate their long position.
So, do they have basis to believe that the current rally is indeed a bull trap?
I say negative. The daily KDJ oscillator has detected FOMO or panic buying at the 71k zone. What does this mean? This means that whales and several retail investors are buying at 71k. This recorded a huge quantity of buy inflows.
With this data in mind, common sense will tell you that these whales and retail investors will never sell at a loss. Most likely, they sell and call it quits at 20%-30% profit or even more.
FOLLOW for more.
By the way, if you're still looking for a safe low cap token that can possibly go x1000 this bullseason, checkout PITBULL.
#BTC #bitcoin #Pitbull #buythedip #BullorBear
Does he have basis to say those powerful words?
Let's ponder on the thought ๐ค
To make it simple, he is saying that the current rally is a bull trap. Meaning this rally is staged by the whales to trick the bulls, and consequently, liquidate their long position.
So, do they have basis to believe that the current rally is indeed a bull trap?
I say negative. The daily KDJ oscillator has detected FOMO or panic buying at the 71k zone. What does this mean? This means that whales and several retail investors are buying at 71k. This recorded a huge quantity of buy inflows.
With this data in mind, common sense will tell you that these whales and retail investors will never sell at a loss. Most likely, they sell and call it quits at 20%-30% profit or even more.
FOLLOW for more.
By the way, if you're still looking for a safe low cap token that can possibly go x1000 this bullseason, checkout PITBULL.
#BTC #bitcoin #Pitbull #buythedip #BullorBear
What's your SHORT TERM PLAN ?
Let's check out the general sentiment ๐๐ค
#altcoins #memecoins #not #AirdropGuide #buythedip
Let's check out the general sentiment ๐๐ค
#altcoins #memecoins #not #AirdropGuide #buythedip
BUY THE F DIP ๐๐ฐ๐ผ
WAIT & SEE โณ๏ธ๐๐
LFG MEME SEASON ๐ถ๐ธ๐ฑ
18 hr(s) left
#buythedip #freesignal
Memecoin has got a chance of bottom reversal soon๐
Current Price: 0.02174
Resistance Level: 0.0452461 USDT (historical resistance)
Sl: 0.02130
Tp1: 0.025
DOYR
..............
Stay ahead in the market with the latest updates! Follow @markettracker000 for reliable insights and trends. Trust the name that deliversโMarket Tracker. Your success, our priority!
๐@markettracker000
THE NAME OF TRUST๐ค๐ค
$MEME #meme_coin #CryptoAlert #cryptoanalysis
Memecoin has got a chance of bottom reversal soon๐
Current Price: 0.02174
Resistance Level: 0.0452461 USDT (historical resistance)
Sl: 0.02130
Tp1: 0.025
DOYR
..............
Stay ahead in the market with the latest updates! Follow @markettracker000 for reliable insights and trends. Trust the name that deliversโMarket Tracker. Your success, our priority!
๐@markettracker000
THE NAME OF TRUST๐ค๐ค
$MEME #meme_coin #CryptoAlert #cryptoanalysis
The market first needs to reach $67,850 to gather enough momentum to hit $68,500, resulting in a total increase of $1,400. On the downside, the support level remains at $65,400, with initial signs of weakness beginning at $66,200.
#M_Idrees #BTC #altcoins #buythedip #BinanceLaunchpol
#M_Idrees #BTC #altcoins #buythedip #BinanceLaunchpol
๐$IOTA ใๆๅๅพ้ซ่ๅฐๅฎฃๅธ๏ผ@IOTA ใwalt.idใIDnowใBloom ๅ HAVN Labs ็ Web3 ่ญๅฅ่งฃๆฑบๆนๆกๅทฒ่ขซ้ธๅ
ฅ็ฑๆญ็ๅงๅกๆ็ผ่ตท็ๆญๆดฒๅๅก้ๆฒ็๏ผ้ฑ่ฎๆๆ็ธ้ๅ
งๅฎน
้็จฎ็ก็ธซไธไฟ่ญท้ฑ็ง็ KYC ่งฃๆฑบๆนๆก้้ไปฅไธๆนๅผๅฉ็จ DLT ๅๆจ่จๅ๏ผ
1๏ธโฃ ้้ IDnow ้ฒ่ก่บซไปฝ้ฉ่ญ
2๏ธโฃ ้้ๅฒๅญๅจ Bloom ้ขๅ ไธญ็ Walt ID ้ฒ่กไปฃๅนฃๅ
3๏ธโฃ ่ขซWeb3 dApps่ชๅฏ๏ผ็ขบ่ชID่ไธๆดฉ้ฒๅไบบ่ณ่จ
#IOTA #buythedip #Bullish #Altcoinseason2024 #News $BNB ,$BTC ๐๐๐
โฌ๏ธ้ๆณจใๆ่ฎๅๅไบซไปฅ็ฒๅๆดๅคๅธๅญๅๆดๆฐโ
้็จฎ็ก็ธซไธไฟ่ญท้ฑ็ง็ KYC ่งฃๆฑบๆนๆก้้ไปฅไธๆนๅผๅฉ็จ DLT ๅๆจ่จๅ๏ผ
1๏ธโฃ ้้ IDnow ้ฒ่ก่บซไปฝ้ฉ่ญ
2๏ธโฃ ้้ๅฒๅญๅจ Bloom ้ขๅ ไธญ็ Walt ID ้ฒ่กไปฃๅนฃๅ
3๏ธโฃ ่ขซWeb3 dApps่ชๅฏ๏ผ็ขบ่ชID่ไธๆดฉ้ฒๅไบบ่ณ่จ
#IOTA #buythedip #Bullish #Altcoinseason2024 #News $BNB ,$BTC ๐๐๐
โฌ๏ธ้ๆณจใๆ่ฎๅๅไบซไปฅ็ฒๅๆดๅคๅธๅญๅๆดๆฐโ
LIVE
IOTA
--
๐We are thrilled to announce that the #Web3 Identification Solution by #IOTA, @walt_id, @IDnowGroup, @Bloomwalletio, & @HAVN_network, has been selected for the @EuropeanSandbox, initiated by the @EU_Commission! Read all about it: ๐https://blog.iota.org/iota-web3-id-solution-sandbox/
@EU_EBSI
@EU_EBSI
TOP COINS FOR TODAY IN JUNE WHICH CAN GIVE US 100x PROFIT IN COMING DAYS.
1: $MATIC
Technically it has tested a major support level which is a great opportunity to #buythedip .
On the other hand, Polygon launches new grants program with 1 billion POL: Polygon, the layer-2 scaling network, has announced a new Community Grants Program, with 1 billion POL tokens (rebrand of current MATIC).
MATIC, the native tokens of Polygon, is an ERC-20 token running on the Ethereum blockchain. The tokens are used for payment services on Polygon
2: $GLMR
#MOONBEAM is an Ethereum-compatible smart contract parachain on Polkadot. Moonbeam makes it easy to use popular Ethereum developer tools to build or redeploy Solidity projects in a Substrate-based environment.
Currently trading at 0.2756.
Ath is 29.84
Technically at very interesting support level
It could touch its ATH in Coming bull run.
Worth to buy it.
3: $FET
This Ai based coin is the new future of cryptocurrency.
#Fetch.ai is an artificial intelligence (AI) lab building an open, permissionless, decentralized machine learning network with a crypto economy.
Currently trading at 1.62
Ath is 3.4. This AI based coin can give us 100X and make its new ATH.
#TopCoinsJune2024 #Binance200M
1: $MATIC
Technically it has tested a major support level which is a great opportunity to #buythedip .
On the other hand, Polygon launches new grants program with 1 billion POL: Polygon, the layer-2 scaling network, has announced a new Community Grants Program, with 1 billion POL tokens (rebrand of current MATIC).
MATIC, the native tokens of Polygon, is an ERC-20 token running on the Ethereum blockchain. The tokens are used for payment services on Polygon
2: $GLMR
#MOONBEAM is an Ethereum-compatible smart contract parachain on Polkadot. Moonbeam makes it easy to use popular Ethereum developer tools to build or redeploy Solidity projects in a Substrate-based environment.
Currently trading at 0.2756.
Ath is 29.84
Technically at very interesting support level
It could touch its ATH in Coming bull run.
Worth to buy it.
3: $FET
This Ai based coin is the new future of cryptocurrency.
#Fetch.ai is an artificial intelligence (AI) lab building an open, permissionless, decentralized machine learning network with a crypto economy.
Currently trading at 1.62
Ath is 3.4. This AI based coin can give us 100X and make its new ATH.
#TopCoinsJune2024 #Binance200M
The Market Dip: A Temporary Setback Before the Surge ๐๐
The current market dip is just a blip on the radar, a temporary pause in the relentless march of crypto. History has shown us time and again that after every significant dip, the market bounces back with vigor. Here's why you should consider buying now:
๐ Historical Patterns: The crypto market is cyclical, and past trends suggest that dips are often followed by substantial rallies.
๐ Strong Fundamentals: Coins like Bitcoin ($BTC ), Ethereum ($ETH ), and Solana ($SOL ) have robust foundations, promising a rebound as the market corrects itself.
๐ Innovation and Adoption: Continuous technological advancements and increasing mainstream acceptance are setting the stage for the next bull run.
So, while the dip might seem daunting, it's also a rare opportunity to invest in top-tier cryptocurrencies at a discount. When the market inevitably turns, those who were bold enough to buy the dip could see their investments soar. Keep your eyes on the prize, and remember, fortune favors the brave! ๐
#TopCoinsJune2024 #BTC #ETH๐ฅ๐ฅ๐ฅ๐ฅ #SolanaUSTD #buythedip
The current market dip is just a blip on the radar, a temporary pause in the relentless march of crypto. History has shown us time and again that after every significant dip, the market bounces back with vigor. Here's why you should consider buying now:
๐ Historical Patterns: The crypto market is cyclical, and past trends suggest that dips are often followed by substantial rallies.
๐ Strong Fundamentals: Coins like Bitcoin ($BTC ), Ethereum ($ETH ), and Solana ($SOL ) have robust foundations, promising a rebound as the market corrects itself.
๐ Innovation and Adoption: Continuous technological advancements and increasing mainstream acceptance are setting the stage for the next bull run.
So, while the dip might seem daunting, it's also a rare opportunity to invest in top-tier cryptocurrencies at a discount. When the market inevitably turns, those who were bold enough to buy the dip could see their investments soar. Keep your eyes on the prize, and remember, fortune favors the brave! ๐
#TopCoinsJune2024 #BTC #ETH๐ฅ๐ฅ๐ฅ๐ฅ #SolanaUSTD #buythedip
๐๐๐
Crash Crash Crash
Buy the dip!
Buy the dip!
Buy the dip!
$ARB $CTXC $PORTAL
#buythedip #IOprediction #ETHETFsApproved #TopCoinsJune2024
Crash Crash Crash
Buy the dip!
Buy the dip!
Buy the dip!
$ARB $CTXC $PORTAL
#buythedip #IOprediction #ETHETFsApproved #TopCoinsJune2024
๐งDon't forget that I don't recommend Margin trading at all and you will probably lose all your money if you do Margin trading sooner or later๐ฌ
#Meme #buythedip #mememcoinseason2024 #MemeWatch2024 #Fun $IOTA ,$BNT ,$BTC ๐๐๐
โฌ๏ธFollow, Like and Share for more posts and updatesโ
#Meme #buythedip #mememcoinseason2024 #MemeWatch2024 #Fun $IOTA ,$BNT ,$BTC ๐๐๐
โฌ๏ธFollow, Like and Share for more posts and updatesโ
#Meme #buythedip #jokeoftheday #MemeWatch2024 #Fun $IOTA ,$BNT ,$BTC ๐๐๐
โฌ๏ธFollow, Like and Share for more posts and updatesโ
โฌ๏ธFollow, Like and Share for more posts and updatesโ
Ah, the crypto rollercoaster is at it again! ๐ข
The market has indeed been on a bit of a downward trend. Hereโs a quick rundown of the latest happenings:
๐บBitcoin ($BTC )is playing hard to get with $70K, staying below that mark despite some hefty ETF inflows.
๐บAhead of the US CPI data release, the entire crypto market took a step back, with Bitcoin falling below $68K.
๐บBut hey, itโs not all doom and gloom! Thereโs a buzz of optimism as crypto funds saw a historic $2 billion inflow surge.
Remember, the market has its ups and downs, and while itโs down, it might just be taking a breather before the next big leap. Keep an eye on those market trends, and maybe this dip is a โbuy the dipโ opportunity. Just be sure to do your own research and never invest more than you can afford to lose. And who knows, maybe the crypto phoenix will rise from the ashes once more! ๐ฅ๐
#buythedip #BTC #ETHETFsApproved
The market has indeed been on a bit of a downward trend. Hereโs a quick rundown of the latest happenings:
๐บBitcoin ($BTC )is playing hard to get with $70K, staying below that mark despite some hefty ETF inflows.
๐บAhead of the US CPI data release, the entire crypto market took a step back, with Bitcoin falling below $68K.
๐บBut hey, itโs not all doom and gloom! Thereโs a buzz of optimism as crypto funds saw a historic $2 billion inflow surge.
Remember, the market has its ups and downs, and while itโs down, it might just be taking a breather before the next big leap. Keep an eye on those market trends, and maybe this dip is a โbuy the dipโ opportunity. Just be sure to do your own research and never invest more than you can afford to lose. And who knows, maybe the crypto phoenix will rise from the ashes once more! ๐ฅ๐
#buythedip #BTC #ETHETFsApproved
Market is down suddenly๐ญ. Is the bull season over?
Looking at the chart below, seems like BTC is taking its time creating a good support along the 67k to 71k zone. For days now, BTC chart has been clear as to where it's heading. For the record, IT IS GOING UP.
As I've mentioned yesterday, the daily chart is without any trace of doubt, BULLISH. We have an inverted Head and Shoulders pattern, whose upside target is 84k. KDJ oscillator likewise detected FOMO at 71k. Meaning price will still go back to 71k and even beyond it. See my post yesterday for the chart. So for the meantime #buythedip
Follow for more BTC updates
By the way, if you're still looking for the next x1000 token, checkout #Pitbull
Pitbull is nominated in binance futures next. If it wins it'll be trading in binance soon. You can vote for it in the binance app.
Looking at the chart below, seems like BTC is taking its time creating a good support along the 67k to 71k zone. For days now, BTC chart has been clear as to where it's heading. For the record, IT IS GOING UP.
As I've mentioned yesterday, the daily chart is without any trace of doubt, BULLISH. We have an inverted Head and Shoulders pattern, whose upside target is 84k. KDJ oscillator likewise detected FOMO at 71k. Meaning price will still go back to 71k and even beyond it. See my post yesterday for the chart. So for the meantime #buythedip
Follow for more BTC updates
By the way, if you're still looking for the next x1000 token, checkout #Pitbull
Pitbull is nominated in binance futures next. If it wins it'll be trading in binance soon. You can vote for it in the binance app.
The cryptocurrency market experienced volatile trading last week, starting on a high note only to reverse course by weekโs end. Initially, optimism surged as several analysts predicted #bitcoinโ๏ธ $BTC would reach new highs.
This downturn has led to many cryptocurrencies becoming oversold, potentially signaling a #buythedip opportunity.
1โข $WIF
#dogwifhat shows strong potential as a buy opportunity. The 4-hour RSI is 28.92, while the 24-hour RSI is 41.43. These indicators suggest that WIF is oversold in the short term but shows signs of stability over the daily timeframe.
At the current price of $2.77, WIF has seen a 0.64% decrease in the last 24 hours, reinforcing its status as an oversold asset with potential for recovery.
$LINK
#Chainlink (LINK) also presents a compelling case as an oversold cryptocurrency ready for a potential rebound.
The 4-hour RSI of 29.51 indicates an immediate oversold condition, suggesting that the recent selling pressure has been excessive.
24-hour RSI of 42.20, LINK shows signs of stabilization over the daily timeframe, reinforcing the potential for short-term recovery.
Currently trading at $16, LINKโs RSI indicators collectively point towards a potential rebound opportunity.
For a week-long investment perspective, WIF and LINK show promising buy signals based on their RSI indicators. Nevertheless, having an oversold RSI status does not guarantee price recovery and could also indicate a bearish trend
Cryptocurrencies are highly volatile assets, and everything can change in the blink of an eye. So be careful
#altcoins
This downturn has led to many cryptocurrencies becoming oversold, potentially signaling a #buythedip opportunity.
1โข $WIF
#dogwifhat shows strong potential as a buy opportunity. The 4-hour RSI is 28.92, while the 24-hour RSI is 41.43. These indicators suggest that WIF is oversold in the short term but shows signs of stability over the daily timeframe.
At the current price of $2.77, WIF has seen a 0.64% decrease in the last 24 hours, reinforcing its status as an oversold asset with potential for recovery.
$LINK
#Chainlink (LINK) also presents a compelling case as an oversold cryptocurrency ready for a potential rebound.
The 4-hour RSI of 29.51 indicates an immediate oversold condition, suggesting that the recent selling pressure has been excessive.
24-hour RSI of 42.20, LINK shows signs of stabilization over the daily timeframe, reinforcing the potential for short-term recovery.
Currently trading at $16, LINKโs RSI indicators collectively point towards a potential rebound opportunity.
For a week-long investment perspective, WIF and LINK show promising buy signals based on their RSI indicators. Nevertheless, having an oversold RSI status does not guarantee price recovery and could also indicate a bearish trend
Cryptocurrencies are highly volatile assets, and everything can change in the blink of an eye. So be careful
#altcoins
JUST๐ฑ FOLLOW AND like GET 5000$ usdt gift๐๐๐ new offer๐ฑ ๐๐ฅ๐ฅ
#ETHETFS $USDC #ETHETFS $USDC #bitcoin #MicroStrategy $ETH #buythedip #altcoins #ETHETFsApproved #Metaverse #altcoins
#ETHETFS $USDC #ETHETFS $USDC #bitcoin #MicroStrategy $ETH #buythedip #altcoins #ETHETFsApproved #Metaverse #altcoins
TOP 5 COINS TO WATCH IN JUNE
#TopCoinsJune2024
"SELL IN MAY AND GO AWAY"
Was this a valuable advice? Maybe.
If you did, you probably have a good amount of capital to deploy on this recent dump. With the recent selloff, there are many good opportunities to #buythedip on some high-quality projects.
Here are my top 5 on my radar ๐ :
$GRT
PROJECT:
THE #AI GOOGLE OF BLOCKCHAIN
You probably already saw my posts about this sleeping giant, but here's a quick recap if you missed it.
The Graph is an indexing protocol aimed at improving accessibility to blockchain data. It enables users to conveniently search for Ethereum-based data through simple queries, just like Google but on the blockchain.
Wondering about a possible entry? I've got you covered ๐
PA
Possible PO3 happening: First accumulation, then manipulation, and finally upward expansion.
Probability? It all depends on the $0.29 level recovery (in orange).
If the price recovers strongly and holds above it, the target is set at $0.43 (+50%)
$TNSR
PROJECT:
NFT Trading Platform on Solana characterized by advanced functionalities like TradingView integration, collection-wide bids, and market-making orders.
PA
The price is still floating and accumulating at low levels.
Getting back to the $1.30 range is key to maintaining the bullish momentum. Price tested it but got rejected. It will likely scoop some liquidity below that area before attacking the resistance again.
Breaking through could propel us to higher levels, with a target of $2.
$BB
PROJECT: DEFI for $BTC
The first megadrop was an impressive event. But despite all the acclaim, there's more beneath the surface.
BB is the first Bitcoin restaking protocol. Institutional involvement in BTC Layer 2 solutions is increasing, and BBโs recent price movements suggest potential for significant gains. Don't get caught off guard.
PA
After the initial distribution, the price recovered to higher levels.
A retest of previous support around 0.60$ is likely, but from there we could continue into the price discovery zone. Target? All depends on the BTC L2 narrative explosion.
Long term is still a good entry zone. The potential is massive.
$RNDR
PROJECT:
Many parallels have been done, linking RNDR with NVIDIA
Render Network is the leading provider of decentralized GPU-based rendering solutions, revolutionizing the digital creation process.
You can imagine the potential upside if AI explodes.
PA
As analyzed in my previous posts, a clear bullish flag was slowly forming on the D.
However, the deviation was greater than expected, making this a decisive moment.
Recovering the range with strong confirmations (volume, recovering support levels, etc.) will be essential to keep going higher.
If we recover that, we'll likely see some distribution before breaking out towards $12.5.
$INJ
PROJECT:
Last but not least, Injective Protocol.
Injective is a blockchain built for finance. It's an open, interoperable layer-one blockchain powering next-generation DeFi applications, including decentralized spot and derivatives exchanges, prediction markets, lending protocols, and more.
Many important key player of the crypto sphere are already involved in this project and Binance is one of them!
PA
After an initial strong rise, the price lost an important support level, which has now turned into resistance.
It tried to break through this resistance around $30 but got heavily rejected (look at those wicks!).
Claiming that level is key to seeing new highs, but first, there will probably be some lateral distribution.
Many important upcoming developments in the crypto market are ahead of us and these projects have strong potential because they are based on solid foundations. Stay alert and ready to act on these opportunities.
What are you top 5 picks? Share your thoughts below ๐
#Binance200M #altcoins #tradingshot
"SELL IN MAY AND GO AWAY"
Was this a valuable advice? Maybe.
If you did, you probably have a good amount of capital to deploy on this recent dump. With the recent selloff, there are many good opportunities to #buythedip on some high-quality projects.
Here are my top 5 on my radar ๐ :
$GRT
PROJECT:
THE #AI GOOGLE OF BLOCKCHAIN
You probably already saw my posts about this sleeping giant, but here's a quick recap if you missed it.
The Graph is an indexing protocol aimed at improving accessibility to blockchain data. It enables users to conveniently search for Ethereum-based data through simple queries, just like Google but on the blockchain.
Wondering about a possible entry? I've got you covered ๐
PA
Possible PO3 happening: First accumulation, then manipulation, and finally upward expansion.
Probability? It all depends on the $0.29 level recovery (in orange).
If the price recovers strongly and holds above it, the target is set at $0.43 (+50%)
$TNSR
PROJECT:
NFT Trading Platform on Solana characterized by advanced functionalities like TradingView integration, collection-wide bids, and market-making orders.
PA
The price is still floating and accumulating at low levels.
Getting back to the $1.30 range is key to maintaining the bullish momentum. Price tested it but got rejected. It will likely scoop some liquidity below that area before attacking the resistance again.
Breaking through could propel us to higher levels, with a target of $2.
$BB
PROJECT: DEFI for $BTC
The first megadrop was an impressive event. But despite all the acclaim, there's more beneath the surface.
BB is the first Bitcoin restaking protocol. Institutional involvement in BTC Layer 2 solutions is increasing, and BBโs recent price movements suggest potential for significant gains. Don't get caught off guard.
PA
After the initial distribution, the price recovered to higher levels.
A retest of previous support around 0.60$ is likely, but from there we could continue into the price discovery zone. Target? All depends on the BTC L2 narrative explosion.
Long term is still a good entry zone. The potential is massive.
$RNDR
PROJECT:
Many parallels have been done, linking RNDR with NVIDIA
Render Network is the leading provider of decentralized GPU-based rendering solutions, revolutionizing the digital creation process.
You can imagine the potential upside if AI explodes.
PA
As analyzed in my previous posts, a clear bullish flag was slowly forming on the D.
However, the deviation was greater than expected, making this a decisive moment.
Recovering the range with strong confirmations (volume, recovering support levels, etc.) will be essential to keep going higher.
If we recover that, we'll likely see some distribution before breaking out towards $12.5.
$INJ
PROJECT:
Last but not least, Injective Protocol.
Injective is a blockchain built for finance. It's an open, interoperable layer-one blockchain powering next-generation DeFi applications, including decentralized spot and derivatives exchanges, prediction markets, lending protocols, and more.
Many important key player of the crypto sphere are already involved in this project and Binance is one of them!
PA
After an initial strong rise, the price lost an important support level, which has now turned into resistance.
It tried to break through this resistance around $30 but got heavily rejected (look at those wicks!).
Claiming that level is key to seeing new highs, but first, there will probably be some lateral distribution.
Many important upcoming developments in the crypto market are ahead of us and these projects have strong potential because they are based on solid foundations. Stay alert and ready to act on these opportunities.
What are you top 5 picks? Share your thoughts below ๐
#Binance200M #altcoins #tradingshot
Crypto Market Stumbles, Yet Hope Remains
The crypto market took a sharp dip on June 8th, 2024, sending shockwaves through the community. Bitcoin, the flagship cryptocurrency, briefly plummeted to $68,450, while Ethereum experienced a similar downturn.
While this sudden crash might seem alarming, it's important to remember that volatility is part and parcel of the crypto landscape. The market has weathered storms before and emerged stronger.
Experts attribute this dip to a combination of factors, including excessive leverage and large-scale selling. Some also point to external events like the release of US employment data as potential triggers.
Despite this setback, many analysts remain optimistic about the future. They argue that the underlying technology behind cryptocurrencies remains sound and that the long-term potential for growth is still immense.
As the market recalibrates, now could be an opportune time for savvy investors to consider entering or expanding their positions. Remember, fortunes are often made in the depths of a downturn.
In conclusion, while the recent crash is a reminder of the risks inherent in the crypto market, it's also a testament to its resilience. With its innovative technology and passionate community, the crypto world is poised to rebound and continue its upward trajectory.
$BTC $ETH $BNB
#BnbAth #altcoins #BTC #buythedip
The crypto market took a sharp dip on June 8th, 2024, sending shockwaves through the community. Bitcoin, the flagship cryptocurrency, briefly plummeted to $68,450, while Ethereum experienced a similar downturn.
While this sudden crash might seem alarming, it's important to remember that volatility is part and parcel of the crypto landscape. The market has weathered storms before and emerged stronger.
Experts attribute this dip to a combination of factors, including excessive leverage and large-scale selling. Some also point to external events like the release of US employment data as potential triggers.
Despite this setback, many analysts remain optimistic about the future. They argue that the underlying technology behind cryptocurrencies remains sound and that the long-term potential for growth is still immense.
As the market recalibrates, now could be an opportune time for savvy investors to consider entering or expanding their positions. Remember, fortunes are often made in the depths of a downturn.
In conclusion, while the recent crash is a reminder of the risks inherent in the crypto market, it's also a testament to its resilience. With its innovative technology and passionate community, the crypto world is poised to rebound and continue its upward trajectory.
$BTC $ETH $BNB
#BnbAth #altcoins #BTC #buythedip
Crypto Market Downfall: What's Happening?
The crypto market experienced a significant downturn yesterday, a typical pattern where markets rise and fall. Such phases often see certain coins like $HIGH maintaining strength. Some attribute these moves to market manipulation, often driven by whales and short sellers pushing the market down, triggering stop-loss orders.
The worst comes from novice investors who panic sell. As a veteran in the crypto market since 2017, with over 30 years of experience in various stock markets, Iโve seen it all. Losses are only on paper, and with enough capital, itโs wise to buy more.
Yesterday, every coin plummeted simultaneously, creating a massive red line. This sudden drop isnโt uncommon in the volatile world of crypto. Itโs crucial to embrace the volatility and recognize opportunities to buy during dips.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before investing.
$BTC $BNB #TopCoinsJune2024 #crash #Manipulation #buythedip #CryptoCrash
The crypto market experienced a significant downturn yesterday, a typical pattern where markets rise and fall. Such phases often see certain coins like $HIGH maintaining strength. Some attribute these moves to market manipulation, often driven by whales and short sellers pushing the market down, triggering stop-loss orders.
The worst comes from novice investors who panic sell. As a veteran in the crypto market since 2017, with over 30 years of experience in various stock markets, Iโve seen it all. Losses are only on paper, and with enough capital, itโs wise to buy more.
Yesterday, every coin plummeted simultaneously, creating a massive red line. This sudden drop isnโt uncommon in the volatile world of crypto. Itโs crucial to embrace the volatility and recognize opportunities to buy during dips.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before investing.
$BTC $BNB #TopCoinsJune2024 #crash #Manipulation #buythedip #CryptoCrash
