$S /USDT has shown a promising performance with a 24-hour price increase of 11.97%, reflecting its potential for traders looking to take advantage of profitable moves. The price is currently at 0.7831, with a 24-hour high of 0.8480 and a low of 0.6994, showcasing notable volatility. The market remains active with 96.81 million $S traded and 76.80 million USDT exchanged in the past 24 hours, indicating good liquidity. Additionally, the asset has gained 0.46% in the last hour, reinforcing its steady upward movement. With impressive growth potential in both the short and long term, S/USDT provides a valuable opportunity for traders to capitalize on the momentum and volatility in the market. #JobsBoomVsFed #LTCETF #BinanceAlphaAlert #XRPHits3 #Write2Earn $S
🪙#BITCOIN : currently holding above the 100-day Exponential Moving Average (EMA), a key indicator for bullish momentum. Alongside this, BTC is also maintaining support at a crucial blue trendline. As long as these supports hold, we anticipate a potential upward movement by the end of this month.
Invalidation:- Close below both EMA and the support. Possible level:$57k!
Going good so far. Tomorrow is weekly closing. If we get a weekly close above $64k level, it is very good for the overall market. Let's see how things goes. Will keep updating you.
BTC completed its accumulation phase and entered into the manipulation phase now. Let's understand all these 3 phases one by one.
1 Accumulation Phase: According to the chart, the price stays in the accumulation zone for almost 2months. In this phase, the price stays in the range of 59K - 73K level.
2 Manipulation Phase: Yesterday, the price finally broke down from the accumulation phase ( 59K level) and entered into a new manipulation phase. I'm expecting the price to reach around $50k level in this manipulation phase. Try to accumulate your favorite Alts in this phase.
3 Expansion Phase: When this manipulation phase ends, a new uptrend will start and this will happen soon. You just need to be patient.
Conclusion:- Overall, this manipulation phase is a big opportunity for us. Don't be scared and try to DCA some good coins. Soon, the market will be in up-only mode.
BTC bounce back just after the FOMC no change in rates announcement. However, the previous support of $59k-$61k now turned out into resistance so this might be a bearish retest. For a confirmed bullish scenario we need a close above $61k level. Wait for the daily close for more clear view.