Dear members,
Exactly 24 hours left for our biggest MEXC pump signal in history!! We expect the maximum number of participants in this pump, reaching millions of traders from every corner of the world. The whales we have on our team for this pump are the biggest we’ve ever had, We’ll be constantly pushing the price higher, not likely seeing many retracements. Buying and holding as soon as the signal is announced will be the most profitable strategy. Our goal in this pump is to guarantee all our members the biggest profits possible, aiming at a minimum of 5000%!! Big reminder that we are doing the mega pump on MEXC.
#ADA/USDT ANALYSIS
ADA has recently broken out of a falling wedge pattern after a period of strong consolidation. The price is currently testing the breakout level of the wedge on the daily timeframe—a critical juncture for confirming the breakout’s validity.
A successful retest at this level would provide strong bullish confirmation, indicating that further upward momentum could be on the horizon. This setup warrants close attention, as it could signal the beginning of a significant move higher.
#US DOLLAR ANALYSIS
The US dollar is currently consolidating within a symmetrical triangle pattern and has recently broken below it with significant volume, signaling potential bearish momentum. A retest below the triangle appears likely, further supported by the Ichimoku Cloud, which also indicates a bearish trend.
Given the inverse relationship between the US dollar and the crypto market, this breakdown could suggest a further decline in the dollar's value, potentially leading to bullish conditions in the crypto market.
WSJ: Jerome Powell Says 'Time Has Come' for Fed Cuts. The Federal Reserve chair issues strongest signal yet that interest-rate cuts are coming. The pace of monetary tightening in the coming months will depend on a balance of risks across the U.S. economy. "We do not seek or welcome further cooling in labor market conditions," Powell said.
Читать полностью…#TRB/USDT ANALYSIS
TRB is currently trading within a descending triangle pattern and is attempting to break through its resistance trendline. A breakout above the triangle, followed by a successful retest, would confirm a bullish reversal. Keep a close watch on this potential setup.
#TOTAL MARKET CAP ANALYSIS
The total cryptocurrency market cap is currently consolidating within a descending broadening wedge pattern and trading below a crucial horizontal resistance level. The Ichimoku Cloud is reinforcing bearish momentum, serving as additional resistance.
To confirm the next significant move, it’s essential to wait for a decisive breakout above the key level. A solid breakout could trigger an upward movement in the market cap, while a breakdown from the pattern would confirm a bearish trend continuation.
Patience is key until we see a clear and confirmed move.
NEW: #Bitcoin OTC desk balances for miners have increased 70% since June, reaching a 2-yeah high of 368K BTC in August.
Читать полностью…Binance announced that it will stop trading the following spot trading pairs: ARKM/TUSD, CHZ/EUR, ENA/EUR, FIRO/BTC, IOTA/FDUSD, JOE/TRY, OMNI/BNB, REZ/BNB and SUPER/FDUSD. It will launch AAVE/FDUSD, DOGE/JPY, MATIC/JPY, NEAR/JPY and TON/USDC spot trading pairs. — link
Читать полностью…#BTC DOMINANCE ANALYSIS
BTC.D is consolidating within a rising wedge pattern and has recently been rejected at the resistance trendline. The MACD crossover signals bearish momentum, suggesting a likely continuation of the downward movement. This could lead to an upward trend in the altcoin market.
#VOXEL/USDT ANALYSIS
VOXEL has broken out of its descending broadening wedge pattern following a strong bounce off the support trendline.
The Ichimoku Cloud is now serving as support beneath the current price action. A successful retest above the wedge could trigger another bullish rally in VOXEL.
#BTC/USDT ANALYSIS
Bitcoin is currently trading within a symmetrical triangle pattern, attempting to break through the resistance trendline after rebounding from the support.
The Ichimoku Cloud indicates bullish momentum, reinforcing the potential for an upward move. However, a decisive breakout is essential to confirm the continuation of this bullish trend.
💥Exciting news, dear members! In response to Massive demand from our community, we're thrilled to announce that our next 50X-100X Mega Pump Signal will be hosted at MEXC. Get ready to ride the wave of opportunity with us💥
Date: 25-August-2024 Sunday
Time: 4 PM GMT
Pairing: USDT
Exchange: MEXC
Advantage: Free For All
With the success of our previous big pump signals #YOLO (3200%+1600%) #VTS (3500%) #FRTN (6500%) #JET (+10600%) on MEXC, which remained in the "Top Gainers" for over 24+ hours. we are ready to announce our next big signal on MEXC.
There is very little hidden sell pressure in the orderbooks and we believe that with our massive buying power we will be able to reach 50X-100X easily possibly even more. we have decided to schedule our next signal in 7 days to make sure that we are fully prepared. Our main goal for this pump signal will be to make sure that every single member in our group makes a massive profit. With our ability to keep creating the most powerful and biggest pumps , we will take every opportunity we can get. We welcome everyone to join us as we create the next big pump all traders and investors all over the world have been waiting for. Our team is continuously scanning all promising coins available in the market and we've got some absolute gems💎 which are absolutely ready to make waves in the market which you had never witnessed till now🚀
Get ready for the biggest event in our group's history! We are targeting 50X-100X gains. This one is set to outshine all our past successes in terms of percentage gain as More than 1Million active participants are ready to take advantage of this Mega event! This is your chance to be part of the action and secure those life-changing profits. If you’re ready to ride the wave to the moon, Make sure you have USDT available in your MEXC spot account! Stay tuned for upcoming instructions to ensure all our members are geared up for MEXC. Get prepared for the pump of a lifetime✌️
#ARPA/USDT ANALYSIS
ARPA is currently consolidating within a descending triangle, with a rebound occurring from the horizontal demand zone at the base of the pattern.
The Ichimoku Cloud serves as a resistance overhead, situated above the triangle. A decisive move, either a breakout or breakdown, is needed before considering any trades.
#ETH/USDT ANALYSIS
After the consolidation within the ascending triangle, the price has now broken out of the triangle and is currently retesting the upper boundary.
The Ichimoku Cloud is acting as support and indicating bullish momentum. A successful retest would confirm the bullish breakout.
However, if the retest fails, we might see further price movement within the pattern.
#BTC/USDT ANALYSIS
After a period of strong consolidation within an ascending triangle, Bitcoin decisively broke out of the pattern with substantial volume. The 200-day moving average is providing strong support, indicating sustained bullish momentum.
A potential retest above the triangle is anticipated, with further upward movement likely in the near term.
Hello everyone, 48 hours left until our next free for all pump on MEXC!! The target this time will be 50X-100X gains possibly even more. With the market showing great strength for reversal and our volumes being high, We can guarantee that this upcoming mega pump will have amazing results like our previous pumps: #YOLO (3200%+1600%) #VTS (3500%) #FRTN (6500%) #JET (+10600%)
We are pumping on MEXC because MEXC is the best place to profit from small cap gems. There are a lot of trading pairs listed which allow us a breadth of options. Many retail, algo, and daily active traders use MEXC and will add additional volume to our signals and we believe that with our massive buying power we will be able to reach 50X-100X easily possibly even more as there is very little hidden sell pressure in the orderbooks.
This event will be the biggest one that we have done in the history of our group and will top our previous ones in terms of % gain. we’re ready to see our biggest volume in history, Be prepared for a massive 50X-100X pump signal on MEXC this Sunday.
Amidst tumultuous market conditions as of late, Long-Term Holders have been locking in a reasonably consistent $138M in profit per day. With each transaction, a buyer and a seller are matched, with supply and demand imbalances resolved via price changes.
Therefore, we can infer that this ~$138M/day in LTH sell-side pressure is a read for the daily capital inflows required to absorb supply and keep prices steady. While market conditions have been choppy, prices are generally flat over the last few months, suggesting a form of equilibrium is being reached.
#BTC/USDT ANALYSIS
Bitcoin is currently consolidating within a descending broadening wedge pattern, trading near the midpoint of the formation.
The Ichimoku Cloud is providing resistance above the current price level, while the 21-day moving average is offering support below.
A breakout or breakdown from this range will be needed to confirm the next significant move for BTC.
#ALPACA/USDT ANALYSIS
ALPACA is consolidating within a falling wedge pattern, currently encountering rejection at the Ichimoku Cloud, which is acting as resistance above the pattern.
A solid breakout, followed by a successful retest above the wedge, would provide bullish confirmation. Keep a close watch on this setup.
#BTC/USDT ANALYSIS
Bitcoin continues to trade within the ascending triangle pattern, facing rejection at the horizontal resistance zone.
The Ichimoku Cloud is providing support, indicating sustained bullish momentum. A decisive breakout or breakdown is needed to confirm the next significant move for BTC.
#ALTS MARKET CAP ANALYSIS
The ALTS market cap has broken down from the descending triangle pattern and is currently testing the area below the triangle. The 200MA is acting as support, while the 100MA is providing resistance.
A successful test of this pattern could lead to a downward movement in the ALTS market. However, if the retest fails, further consolidation within the triangle is likely.
#SOL/USDT ANALYSIS
SOL is currently consolidating within a descending triangle pattern and is facing rejection from the Ichimoku cloud, which is acting as a resistance barrier, indicating bearish momentum.
We should wait for a successful breakout or breakdown to determine the next direction for SOL.
#BTC/USDT ANALYSIS
Bitcoin continues to consolidate within an ascending triangle pattern. It's currently trading just above the support trendline, with the 100-day moving average providing support.
Meanwhile, the 200-day moving average is acting as resistance near the upper boundary of the triangle. A decisive breakout or breakdown from this pattern is needed to confirm Bitcoin's next move.
Introducing Dogs (DOGS) on Binance Launchpool! Farm DOGS by Staking BNB and FDUSD
https://www.binance.com/en/support/announcement/fc967d5825774984829b96943a42fadf
#S&P 500 ANALYSIS
The S&P 500 has successfully broken out of a cup and handle pattern and completed a successful retest. The 21-day moving average is acting as support, while the Ichimoku Cloud indicates bullish strength.
Following the retest of the pattern’s neckline, the S&P 500 is now moving upward, signaling potential for further upward momentum.
The LTH Sell-Side Risk ratio remains lower than during previous ATH breaks, indicating that the LTH cohort is taking smaller profits compared to past cycles. This suggests they may be waiting for higher prices before increasing their selling pressure.
Читать полностью…Binance Will Support the Frontier (FRONT) Token Swap and Rebranding to Self Chain (SLF)
https://www.binance.com/en/support/announcement/3ab5488a00e04d4fb338c77ea28326a8