π¨ Global central banks acquired +17 tonnes of gold in April, the 2nd monthly purchase this year.
This marks a sharp reversal from March, when central banks sold -30 tonnes of gold driven by Turkey and Russia.
This marks a sharp reversal from March, when central banks sold -30 tonnes of gold driven by Turkey and Russia.
BTC just logged its worst week since the 2024 Yen Carry Unwind, down 12.6%, driven by a blowout jobs report, Zcash Orchard bug, and Strategy BTC sale. Painful, but every week above it on this list had a single catastrophic failure: a ban, a bankruptcy, or a blow-up.
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#PARTIUSDT 2D
#PARTI is moving within a falling wedge pattern on the 2-day timeframe. Accumulating some PARTI within the wedge could be a suitable strategy for a mid-term position. The RSI is showing signs of a potential bullish move.
In case of a breakout above the wedge resistance, the following upside targets could come into play:
π― $0.0865
π― $0.1152
π― $0.1385
π― $0.1617
π― $0.1948
π― $0.2369
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
#PARTI is moving within a falling wedge pattern on the 2-day timeframe. Accumulating some PARTI within the wedge could be a suitable strategy for a mid-term position. The RSI is showing signs of a potential bullish move.
In case of a breakout above the wedge resistance, the following upside targets could come into play:
π― $0.0865
π― $0.1152
π― $0.1385
π― $0.1617
π― $0.1948
π― $0.2369
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
#CAKEUSDT 1D
#CAKE is currently trading inside a falling wedge pattern on the daily chart.
In case of a breakout above both the daily SMA50 and the wedge resistance, the following upside targets could come into play:
π― $1.483
π― $1.702
π― $1.879
π― $2.055
π― $2.307
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
#CAKE is currently trading inside a falling wedge pattern on the daily chart.
In case of a breakout above both the daily SMA50 and the wedge resistance, the following upside targets could come into play:
π― $1.483
π― $1.702
π― $1.879
π― $2.055
π― $2.307
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
The most likely minimum price range for
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#TUTUSDT 1D
#TUT is currently trading within a symmetrical triangle pattern on the daily chart.
Consider entering this coin only after a solid breakout above both the daily SMA200 and the triangle resistance. If the breakout is confirmed, the following upside targets could come into play:
π― $0.01430
π― $0.01616
π― $0.01802
π― $0.02067
π― $0.02405
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
#TUT is currently trading within a symmetrical triangle pattern on the daily chart.
Consider entering this coin only after a solid breakout above both the daily SMA200 and the triangle resistance. If the breakout is confirmed, the following upside targets could come into play:
π― $0.01430
π― $0.01616
π― $0.01802
π― $0.02067
π― $0.02405
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
#ASRUSDT 1D
#ASR is currently trading within a descending channel on the daily chart and has shown a strong rebound.
In case of a breakout above the resistance cluster, which includes the channel resistance, the Ichimoku Cloud, and the daily SMA100, the following upside targets could come into play:
π― $1.371
π― $1.542
π― $1.712
π― $1.956
π― $2.266
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
#ASR is currently trading within a descending channel on the daily chart and has shown a strong rebound.
In case of a breakout above the resistance cluster, which includes the channel resistance, the Ichimoku Cloud, and the daily SMA100, the following upside targets could come into play:
π― $1.371
π― $1.542
π― $1.712
π― $1.956
π― $2.266
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
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BREAKING: β οΈ $327,000,000,000(billion) has been wiped out from goldβs market cap in just 7 minutes.
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#ATMUSDT 1D
#ATM has broken above the falling wedge pattern on the daily chart, but the daily candle has not closed yet.
Currently, the price is facing resistance at the daily SMA100. In case of a confirmed breakout above this level, the following upside targets could come into play:
π― $1.136
π― $1.226
π― $1.315
π― $1.443
π― $1.606
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
#ATM has broken above the falling wedge pattern on the daily chart, but the daily candle has not closed yet.
Currently, the price is facing resistance at the daily SMA100. In case of a confirmed breakout above this level, the following upside targets could come into play:
π― $1.136
π― $1.226
π― $1.315
π― $1.443
π― $1.606
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
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π #ETH The share of ETH supply sitting at more than 3x profit has dropped to 11%, the lowest reading since February 2017.
In the previous two cycles, this cohort exceeded 50% of total supply at peak, but this time, that threshold was never reached. ETH's profitability profile has fundamentally compressed relative to prior cycles.
In the previous two cycles, this cohort exceeded 50% of total supply at peak, but this time, that threshold was never reached. ETH's profitability profile has fundamentally compressed relative to prior cycles.
JUST IN: Binance stock trading surpasses $400,000,000 in assets under management one week after launch.
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