Fibonacci Retracements 📚

Fibonacci retracements are a popular technical analysis tool used by traders to identify potential levels of support and resistance in an asset's price action.
The tool is based on the famous Fibonacci sequence, in which each number is the sum of the previous two numbers (e.g. 1, 1, 2, 3, 5, 8, 13, 21, etc.).
In the context of trading, Fibonacci retracements are used to identify key levels at which an asset's price may experience a reversal or pause in its trend.
These levels are calculated by taking the asset's most recent significant high and low, and dividing the vertical distance by key Fibonacci ratios (0.236, 0.382, 0.500, 0.618, and 0.768).
These levels, often represented as horizontal lines on a price chart, can provide traders with potential areas to enter or exit a trade, as well as areas to place stop-loss orders.
It's important to note that Fibonacci retracements are not a standalone trading strategy and should be used in conjunction with other technical analysis tools and fundamental analysis.
Another advantage is that these levels are objective and can be applied to any asset, making them a versatile tool for traders of different markets and timeframes.
#BTC #bitcoinhalving #CryptoWatchMay2024 #buythedip #LearnFromMistakes"

"The Top 5 Ethereum Layer 2 Projects of 2024 Revealed

1. Polygon (MATIC) - Leading the way is Polygon, with a market value of $7.319 billion. It stands out for its user-friendly approach, making it easy for developers to build various applications and improve Ethereum's scalability.

2. Mantle - In second place is Mantle, worth $3.983 billion. Its modular design boosts Ethereum's scalability and is fully compatible with the Ethereum Virtual Machine. It's working to reduce high gas fees and slow transactions.

3. Immutable (IMX) - Third is Immutable, valued at $3.336 billion. It's the first layer 2 solution for NFTs on Ethereum, offering better scalability, user experience, and liquidity. It's teaming up with GAM3 to revolutionize blockchain gaming.

4. Arbitrum (ARB) - Fourth is Arbitrum, worth $3.238 billion. It uses optimistic rollups technology to enhance Ethereum's speed, scalability, and cost efficiency. It recently upgraded to Atlas, offering faster throughput and lower transaction fees."
#BTC #ETH

💡Simple Tips to grow results in trading📈

1️⃣ Give Up on Intraday trading
2️⃣ Never trade on mobile app - Only PC or Laptop
3️⃣ Reduce your leverage - 5x it’s a Max
4️⃣ Trade on Tier 1 & Tier 2 exchanges - forget DEXes (they can make you poor as well as a millionaire)
5️⃣ Never trade shady coins and low caps - (it’s sometimes we hear the story someone made millions from just investing $1k, but we never hear how many lost absolutely everything)
6️⃣ Always track TradFi Indexes, BTC and Blockchain Native Token (i.e you are trading projects on Solana, so you need to know how SOL behaves)
#HotTrends #BTC #ETH

𝗧𝗿𝗮𝗱𝗶𝗻𝗴 𝘁𝗶𝗽 𝗼𝗳 𝘁𝗵𝗲 𝗱𝗮𝘆 👇

To recover from a 10% loss, an 11% gain is required.

To recover from a 20% loss, you must make a 25% gain.

To recover from a 50% loss, you must make a 100% gain.

To recover from a 90% loss, you must make a 900% gain.

Note: Avoid taking high leverage trades
DYOR before taking risky trades
#HotTrends #BTC #ETH #sol #HalvingTime

Crypto Market Bullrun Investment Plan (2024-2025)

Are you ready to explore high-potential opportunities in the crypto market? Here's a concise yet comprehensive investment plan tailored for success:

🎯 Investment Targets:

LQTY: Consider buying at $1.05, $1.25, and $1.40.

RDNT: Look into purchasing at $0.19, $0.2550, and $0.29.

AST: Explore buying opportunities at $0.11 and $0.15.

*OSMO*: Consider buying at $1.30.

CRV: Explore buying at $0.57 and $0.60.

STG: Look into purchasing at $0.50, $0.56, and $0.65.

Magic: Consider buying at $0.90 and $1.

ENJ: Look into purchasing at $0.35 and $0.44.

ENS: Consider buying at $12.80, $14.70, and $17.

SUI: Look into purchasing at $1.45 and $1.55.

OP: Consider buying at $3.2950.

KAVA: Explore buying at $0.66, $0.83, and $0.90.

THETA: Look into purchasing at $1.45, $1.80, and $2.

RARE: Consider buying at $0.11, $0.13, and $0.15.

NFP: Look into purchasing at $0.63 and $0.70.

BAKE: Consider buying at $0.36.

AI: Look into purchasing at $1.30, $1.42, and $1.53.

Let's aim for strategic investments and high returns in the exciting world of crypto! 📈
#HotTrends #BTC #CFX #ETH #HalvingHorizons

Key Technical Indicator Suggests Ethereum ($ETH ) Price Could Top $5,400 This Year.

Technical indicators suggest Ethereum ($ETH ), the world’s second-largest cryptocurrency by market capitalization, could see its price climb above $5,400 this year.

The analysis, based on the Mayer Multiple oscillator, which is calculated “as the ratio between price, and the 200-day moving average” points to the possibility of Ether reaching the upper band of the indicator.

Ethereum is at the time of writing trading at $3,300 after losing over 10% of its value over the past week amid a wider cryptocurrency market downturn that has seen Bitcoin plunge from a new all-time high above $73,400 to around $62,800 at the time of writing.
Ethereum’s value has recently plunged partly as the U.S. Securities and Exchange Commission (SEC) has reportedly started investigating whether to classify it as a security, with multiple companies having received subpoenas related to the probe.
#HotTrends #ETH #BTC #HalvingHorizons

Which Altcoins Can Be Listed on Binance in 2024?
Here are the Predictions
While Binance, the world's largest cryptocurrency exchange, continues to list altcoins and launchpoll, investors are also investigating altcoins that have the potential to be listed on Binance.

Because the prices of altcoins listed in Binance futures or spot transactions generally skyrocket and big gains are made.
While there are many predictions and expectations at this point, the X account named BSC Daily announced 25 potential projects that can be listed on Binance in 2024.

In addition, the account pointed out that former Binance CEO CZ's listing criteria for altcoin listings are in these projects, and said that these criteria are “Proven team, Useful product, Large user base and Focus on user adoption”.
Accordingly, altcoin projects that have the potential to be listed on Binance in 2024 are listed as follows:
AI Category: AITECH, F3, CGPT, OFN, GTAI

Gaming Category: NAKA, RACA, BIGTIME, PRIME, GF

DeFi Category: WOM, KILOEX, TOKEN, THE, KINZA

Mem Token Category: VINU, SLERF, BABYDOGE, COQ, GROK

Infrastructure Category: TLOS, HEART, CERE, ZETA, AKT”
These are just predictions .DYOR
#HotTrends #BNBChain #BTC #ETH #HalvingHorizons

STRATEGIES FOR ENHANCING SUCCESS RATES IN BITCOIN TRADING

1. AVOID TRADING BASED ON NEWS UPDATES IT IS RISKY.

2. MONITOR AND EVALUATE YOUR TRADES REGULARLY.

3. DISCUSS TRADE REVIEWS WITH FELLOW TRADERS FOLLOWING THE SAME STRATEGY TO GET THE FEEDBACK.

4. LIMIT YOUR RISK TO 0.5% TO PREVENT EMOTIONAL DECISION-MAKING.

5.CONSISTENTLY TRADE AT THE SAME TIME DAILY.
#HotTrends #ETH #etf #BTC #learnpriceaction

When to Trade Bitcoin: Before or After Halving?
Bitcoin halving is a predetermined event that occurs every 210,000 blocks, roughly every four years, where the reward for mining new blocks is halved. This mechanism is embedded in Bitcoin’s code to ensure its scarcity by capping the total supply at 21 million coins. The halving affects miners’ incentives and has historically catalyzed significant price movements.
How Halving influence BTC price.?
Supply-Demand Economics
Pro: The fundamental economic principle of supply and demand suggests that a decrease in the supply of new Bitcoins, all else being equal, can lead to an increase in Bitcoin’s price. Halving reduces the rate at which new coins are generated, limiting the future supply and potentially creating upward pressure on the price.

Contra: However, the anticipated reduction in supply is already known to the market, and efficient market hypothesis proponents argue that such information is likely priced well before the halving occurs. This suggests that any significant price movements are more likely due to speculative behaviors than halving events.
Trading Before Halving
Pro: Trading before halving might benefit from the speculative hype and increased media attention as traders anticipate the event, potentially driving up prices.

Contra: Due to market speculation, the price might already reflect the anticipated halving effect. There’s also a risk of significant volatility, as traders may decide to take profits just before the halving, leading to price drops.
Imp. Tips
Market Research: Continuously monitor the market sentiment and technical indicators. Use halving as one of many factors in a comprehensive trading strategy.
Risk Management: Given Bitcoin’s volatility, especially around significant events like halving, implementing strict risk management rules is crucial.
Long-Term Perspective: Consider Bitcoin’s and the cryptocurrency market’s long-term potential. Short-term trading around halving events carries risks and may not align with a long-term investment strategy.
#HotTrends #sol

Bull run has not even started yet 1 month is still left in halving and im seeing 100s of posts regarding hold or sell obviously hold bruh wait till atleast 2025 then see ur bags its a really good time to fill ur bags u wont see market here again ( or if u see i would consider it being lucky ).
#HotTrends #sol #BTC

How Low Bitcoin Price May Plunge Amid Market Correction?

The overextended rally of Bitcoin price takes a minor pullback to regain strength.
BTC, the leading cryptocurrency by market cap, witnessed a notable supply pressure on the weekend leading to an immediate reversal from its new all-time high of $73750. The bearish turnaround evidenced by three red candles plunged the asset 10.63% down to currently trade at $65777. However, market experts perceive this sell-off as a natural pullback in an established rally to regain bullish momentum.
By seeing graph,Within the last two months, Bitcoin has witnessed an aggressive rally, registering a price from $38555 to a new time high $73,750. This 91% upswing accompanied by increasing volume and massive inflow through BTC ETFs indicated a sustainable rally.
However, the analytics platform IntoTheBlock has reported a surge in crypto leverage, noting that Bitcoin’s borrowing costs on exchanges such as FBnance and Bybit have reached their highest points since 2021. This rise in borrowing rates may suggest increased trading activity where traders are taking on more debt to finance their positions, which some market participants interpret as a signal of an overheated market.Thus, the Bitcoin traders experienced a sudden selling on the weekend resulting in a price drop to $66925. With a 3.63% intraday loss, the buyers seek support at the 23.6% Fibonacci retracement level- a tool that provides traders with potential demand zones amid a correction trend.

If the supply pressure persists, the Bitcoin price may plunge to $60300 or $56200, which coincides with 38.2% and 50% FIB levels.
#HotTrends #sol #BTC #SHIB #DOGE

3 AI Crypto Coins To Watch Ahead Of Nvidia GTC 2024 Conference
As the AI narrative hits fever pitch ahead of the Nvidia GTC 2024 conference closer, crypto AI fans and investors are keeping a close eye on several tokens and coins in the weeks and months ahead, here are 3 of the top AI crypto coins to watch this weekend.
1. #Near Protocol
Like Ethereum, the platform supports smart contracts. However, it is more scalable, and developers can quickly deploy programs. Its developers have created efficient architectures that can support the computationally intensive demands of AI apps. NEAR is up 620% from October 2023.
2. #Graph
GRT – the network’s utility and settlement token – could see major value accrual, with prices expected to benefit from the AI boom because crypto AI dApps will rely increasingly on accessible and secure data indexes, to provide the datasets needed to train and develop AI models on blockchain. And amid the AI narrative, investors are taking note – since October 2023 GRT prices have rallied by 420% .
3.#fet.ai

#HotTrends #AIConference

How To Trade in the Bull Market?

Top 10 Strategies

1.Buy Early and Diversify portfolio
2.Buy and Hold
This approach relies on investor optimism fueled by the bullish market sentiment.
3.Increased Buy and Hold
4.Buy the dip during the decline period.
5.Full Swing Trading
For the more active investor, full swing trading employs aggressive techniques, including short-selling, to maximize gains during market shifts within the bull run. This strategy demands diligence and thorough market monitoring
6.Buy Call Options(cash the news )
7.Take profits at regular intervals
This is one way of securing the profits we gain from trading in the bull market. At regular intervals, one may aim to lock the profits.
8.Day Trading
9.Consider small-cap coins
10.Prepare exit strategy
Bull markets lure investors to stay just one more day to get higher profits. This profit lust is never ending! Finally, a market correction brings prices crashing down and then you realize you should have already exited!
#HotTrends #sol #BTC #LearnAndGrow

Why Is Bitcoin Price Down Today? 3 Key Reasons
1.Long Liquidations
Today’s Bitcoin market saw a significant price drop, initiated by a sweeping liquidation event on the futures market. Over the last 24 hours, crypto trader liquidations exceeded $682.54 million across more than 191,000 traders, according to Coinglass data.
This surge in liquidations resulted in Bitcoin’s price plummeting by 8% in mere hours, falling from $72,000 to $66,500. Although there was a minor recovery, with Bitcoin’s price rebounding to the $68,000 level, it currently stands nearly 10% below its March 14 all-time high of $73,737.
A notable 80% of these liquidations were long positions, contributing to $544.99 million of the total. Short position liquidations made up the remaining $136.94 million, with Bitcoin longs alone accounting for $242.37 million in liquidations.

2.Macro Conditions Weighing On Bitcoin Price
Yesterday’s US Producer Price Index (PPI) data, showing a 0.6% increase in February and surpassing forecasts of 0.3 month-over-month, has caused a ripple effect with CPI recently also hotter than expected, leading to a rise in US bond yields. The benchmark 10-year rate saw an increase of 10 basis points to 4.29%, while two-year rates rose to 4.69% from 4.63%. These developments have led traders to adjust their expectations for the Federal Reserve’s interest rate policies in 2024.
3.Negative Coinbase Premium / Quiet Bitcoin ETF Day
The decline of Bitcoin below the $70,000 threshold is also attributed to the “Coinbase Premium” – the exchange which custodies the majority of all spot Bitcoin ETFs – dipping into negative territory for the first time since February 26, indicating a bearish sentiment from US markets. This phenomenon is likely a consequence of significant sales of Grayscale GBTC, while the spot ETF experienced relatively calm activity.
Following a record $1 billion net inflow day for the spot ETF on March 12, inflows dropped to just $132.7 million recently, with Blackrock contributing the lion’s share at $345.4 million.
#HotTrends #sol #BTC #SHIB

Which AI Altcoins are More Popular in 2024?
Recently, artificial intelligence (AI) tokens have been in the focus of investors' attention and there have been good increases.

While the fact that Nvidia, the world's number one artificial intelligence chip manufacturer, will hold a conference on March 18-21 was effective in the rise of artificial intelligence-themed altcoins.

Most Popular AI Cryptocurrencies:
According to the report, Bittensor (TAO), Render (RNDR), and Fetch.ai (FET) have unsurprisingly become the most popular AI cryptocurrencies so far in 2024, thanks to their large market caps and strong price performance.

The other 7 popular AI tokens among the top 200 cryptos by market value are listed as follows:
Akash Network (AKT)
PAAL AI (PAAL)
SingularityNET (AGIX)
Ocean Protocol (OCEAN)
AIOZ Network (AIOZ)
Nosana ( NOS) and Arkham (ARKM).
#HotTrends #BTC #AIConference #FetchEvolves

📢 BTC rally is creating around 1,500 millionaire wallets daily, but this pace is still lower than during '21 bull run, when over 4k were hitting million mark daily. High for 2024 was 1,691 wallets on Mar 1.
#HotTrends #ETH #BTC #writetoearn

How To Boost Your Profits During the Bull Season

Do Your Research: Before investing in any crypto asset, it's crucial to do your research.

Invest in the Right Cryptocurrencies like BTC,BNB,Eth etc

Diversify Your Portfolio

Keep an Eye on Market Trends like AI narrative right now

Practice Good Risk Management, stop loss

#HotTrends #Launchpool #Write2Eam

Don't do these things in this bull run:

1. Sell SPOT to trade futures
2. Take Loans by keeping your spot holdings
3. Don't tell your friends to invest (they will invest at the top and curse you)
4. Don't put your family / friends money.
5. Don't take personal loans to invest/trade
6. Don't keep your spot holding on CEX (one or the other will get hacked/run away like FTX this cycle too)
7. Be Humble, profit loss are part of trading.
8. Take some money off crypto and keep it in local currency (to invest with stocks crash)
9. Pay Taxes bois
10. Don't fomo seeing others profit
#TrendingTopic #BTC #Write2Earn‬ #cryptomummy #HotTrends

Everyone is a promaster when it comes to bullrun. Only those sticking when bears are the real traders.
Not everyone knows how to exit.
What are your exit strategies for this bullrun?

Edit 1: My strategy
My exit strategy is not solid yet.
But I am going to follow previous patterns.
I.e., BTC ATH should be around March 2025, second peak could be Oct 2025. This is my first month's of re-evaluation. Using this I've mapped out my other Altcoins dates.

2. Using MACD as my second signal. Check BTC ATH reference on chart (Weekly). Once signal line crosses MACD, it's trigger for exit.

3. Declining volume while increasing price.

4. Weekly EMA 8/10 candle close. Next candle is exit.

This is what I will be following. This is my opinion but please do your own research. NFA and DYOR

Thanks.
#TrendingTopic #Write2Earn‬

🚨 2009 - 2013 Many missed $BTC
🚨 2014 - Many missed $ETH
🚨 2015 - Many missed $DOGE
🚨 2016 - Many missed $LTC
🚨 2017 - Many missed $EOS
🚨 2018 - Many missed $BNB
🚨 2019 - Many missed $XRP
🚨 2020 - Many missed $LUNC
🚨 2021 - Many missed $BTC
🚨 2022 - Many missed $SHIB
🚨 2023 - Many Missed $PEPE
✅ This 2024, don’t miss _____
My side is SEI and AI base coins
What's yours ?
#TrendingTopic #Write2Ean