Forwarded from Power Tuto Novices (AlanBKK)
⚡️Cup & Handle Pattern Examples (4/4)
1️⃣ Inverted Cup & Handle in Uptrend (Bearish Reversal)
2️⃣ Cup & Handle in Uptrend (Trend Continuation)
3️⃣ Cup & Handle in Downtrend (So, Trend Reversal Pattern)
4️⃣ Rounded Bottom Pattern (sometimes the handle shape doesn't form, this is an example of that!)
🌐 Source: #haque_stockszone from Tradingview.
1️⃣ Inverted Cup & Handle in Uptrend (Bearish Reversal)
2️⃣ Cup & Handle in Uptrend (Trend Continuation)
3️⃣ Cup & Handle in Downtrend (So, Trend Reversal Pattern)
4️⃣ Rounded Bottom Pattern (sometimes the handle shape doesn't form, this is an example of that!)
🌐 Source: #haque_stockszone from Tradingview.
✅ Breaking: Goldman Sachs’ First Bitcoin Futures Trade In Asia.
“We are delighted to partner with Cumberland and Goldman Sachs to execute the first listed cryptocurrency futures and options block trade via CME Group in Asia. This transaction marks BGC’s continued commitment to expanding our cryptocurrency offering and to working with our global counterparties in developing this rapidly evolving asset class.”
🌐 https://coingape.com/breaking-goldman-sachs-bets-big-on-this-bitcoin-product/
“We are delighted to partner with Cumberland and Goldman Sachs to execute the first listed cryptocurrency futures and options block trade via CME Group in Asia. This transaction marks BGC’s continued commitment to expanding our cryptocurrency offering and to working with our global counterparties in developing this rapidly evolving asset class.”
🌐 https://coingape.com/breaking-goldman-sachs-bets-big-on-this-bitcoin-product/
CoinGape
Goldman Sachs Bets Big On Asian Bitcoin Product
Goldman Sachs traded the first block trade of Bitcoin futures in Asian markets with the trade between Cumberland and Goldman Sachs
⚡️#CoinMarketCap has surpassed 20,000 cryptos listed despite market uncertainties for weeks, but nothing too surprising when you see all the shitcoins deploying very (too) easily on the Binance Smart Chain alone, accepting all the same scams, ponzi schemes, etc. since the BSC is supposed to be fully decentralized.
👉🏻 In the last 24 hours, almost 1,500 new tokens have been deployed on the #BSC.
👉🏻 Look at the names of the last 20 tokens just deployed on the #BSC. 😂
👉🏻 In the last 24 hours, almost 1,500 new tokens have been deployed on the #BSC.
👉🏻 Look at the names of the last 20 tokens just deployed on the #BSC. 😂
✅ #Ethereum Closes In On Proof-of-Stake After #Sepolia Testnet.
▫️#Ethereum Testnet Sepolia today moved over to #PoS.
▫️Just one more testnet remains before the entire network completes the Merge.
▫️The Merge, a long-awaited update to the network, is expected to happen this year.
👉🏻 As I told you many times.... if you disregard all the FUDs on social networks, media & influencers articles with their drama "end of the world" headlines, and all others inexperienced trading analysts... well, there's a lot of good recent news and positive enough to fully justify some bullish signs with the start of significant price increases on $BTC & $ETH, and therefor the main reliable #Alts will follow quickly. @AlainBKK
🌐 https://decrypt.co/104513/ethereum-merge-moves-closer-sepolia-testnet
▫️#Ethereum Testnet Sepolia today moved over to #PoS.
▫️Just one more testnet remains before the entire network completes the Merge.
▫️The Merge, a long-awaited update to the network, is expected to happen this year.
👉🏻 As I told you many times.... if you disregard all the FUDs on social networks, media & influencers articles with their drama "end of the world" headlines, and all others inexperienced trading analysts... well, there's a lot of good recent news and positive enough to fully justify some bullish signs with the start of significant price increases on $BTC & $ETH, and therefor the main reliable #Alts will follow quickly. @AlainBKK
🌐 https://decrypt.co/104513/ethereum-merge-moves-closer-sepolia-testnet
✅ #Tether $USDT is holding its peg more than ever, and this is very good news for the cryptosphere... as despite last month's FUD indicating that hedge funds were going to short #USDT with hundreds of millions, and making #USDT a second stablecoin dead victim, after UST-Terra June-crash.... well to date, absolutely nothing has happened!!! 😀
👉🏻 Buy the Rumor, Sell the News!
Today and more than ever, being able to detect a FUD or a fake news in crypto, is as important as a technical indicator in a graph, because even if they are extern factors included in the crypto's fundamental part, they can be the catalyst with a devastating effect (panic, capitulation, etc) on the market sentiment, as we have seen several times since the beginning of year. @AlainBKK
👉🏻 Buy the Rumor, Sell the News!
Today and more than ever, being able to detect a FUD or a fake news in crypto, is as important as a technical indicator in a graph, because even if they are extern factors included in the crypto's fundamental part, they can be the catalyst with a devastating effect (panic, capitulation, etc) on the market sentiment, as we have seen several times since the beginning of year. @AlainBKK
🚩#Bitcoin Quick Update‼️
🚀 Nice jump of almost +11% in 2-daily-green-candle whose pumped the $BTC price until it reached exactly the level of the last high (on 26/6), and before returning to the Fib 61.8% (right now).
👉🏻 $BTC has successfully reintegrated its 23-day-range, so the Bears will have to wait a while before seeing any potential relapse below the last bottom.
💰If you have made $BTC purchase in the "buy zone" under the 38.2% Fib, a first small TP at 61.8% level is strongly suggested to at least pay your S/L
🚀 Nice jump of almost +11% in 2-daily-green-candle whose pumped the $BTC price until it reached exactly the level of the last high (on 26/6), and before returning to the Fib 61.8% (right now).
👉🏻 $BTC has successfully reintegrated its 23-day-range, so the Bears will have to wait a while before seeing any potential relapse below the last bottom.
💰If you have made $BTC purchase in the "buy zone" under the 38.2% Fib, a first small TP at 61.8% level is strongly suggested to at least pay your S/L
Power Crypto Club
🔅 10 days is a bit short for a reliable "Head & Shoulders" pattern, but it can work to drive the price of $RUNE in an uptrend with $3 target. TA: #RUNEUSD TF 1-h
🔅$RUNE always offers a clean price structure that reacts perfectly to key levels. First TP around $2.45 (+20%) to pay your S/L, then next target will be the sale of the resistance at $3.30 (+60%).
TA: #RUNEUSD TF .4-h
TA: #RUNEUSD TF .4-h
🚩#Bitcoin Quick Update‼️
Here the weekend is over and $BTC has largely held its $20k mark, as now it remains around the 61.8% Fib level, hoping it is ready to bounce from there To Launch A-New-Impulsive-Wave For Starting The Week In Green! 💚
Here the weekend is over and $BTC has largely held its $20k mark, as now it remains around the 61.8% Fib level, hoping it is ready to bounce from there To Launch A-New-Impulsive-Wave For Starting The Week In Green! 💚
Power Crypto Club
✨Well, the bad news is for a lot of Alts which fell very hard to their ATL for weeks, and many will continue to drop until a bottom is found. 👉🏻 IMHO, don't waste time chasing these coins to get the lowest price, because 95% will never get back to their level…
🛑 Don't say you weren't warned! 51% of the circulating $APE supply is fully controlled by the Top100 #Apecoin wallet holders.
It'll remains one the 2022 crypto best study case for "ApeShitcoin" scammed left and right in rug and pulls and pyramid schemes... and in a dEcEentrAliZEd eco-system, they were shouting everywhere!!!
Hope the lesson will be learned, and only focus on solid and useful crypto projects instead of gaming with speculative coins like at casino.
https://news.bitcoin.com/top-100-apecoin-holders-control-over-51-of-the-supply-ape-lost-81-in-2-months/
It'll remains one the 2022 crypto best study case for "ApeShitcoin" scammed left and right in rug and pulls and pyramid schemes... and in a dEcEentrAliZEd eco-system, they were shouting everywhere!!!
Hope the lesson will be learned, and only focus on solid and useful crypto projects instead of gaming with speculative coins like at casino.
https://news.bitcoin.com/top-100-apecoin-holders-control-over-51-of-the-supply-ape-lost-81-in-2-months/
🔅 $BTC 30-day-matured-range‼️
As we have a lower volatility, the price does not fluctuate dramatically, the trend is more steady, and therefore there is nothing to say or to analyze in this current context... except to wait quietly as this range will probably be extended until September.
And as usual, it's when there's nothing to say about the market trend, that we hear everything and its opposite about $BTC trend in social networks, but above all a lot of no-sense 💩
Again, stay away from most influencers and analysts who don't care whether the price goes up or down, their main job is to provide daily content to maintain their algorithm's ratio. They will prefer dramatic headlines like "BTC continues to fall below $20k" (fear & panic are here! 😱) that won't have the same psychological impact on people as, for example "BTC continues to swing in its range" (stay calm & wait... 😏).
As we have a lower volatility, the price does not fluctuate dramatically, the trend is more steady, and therefore there is nothing to say or to analyze in this current context... except to wait quietly as this range will probably be extended until September.
And as usual, it's when there's nothing to say about the market trend, that we hear everything and its opposite about $BTC trend in social networks, but above all a lot of no-sense 💩
Again, stay away from most influencers and analysts who don't care whether the price goes up or down, their main job is to provide daily content to maintain their algorithm's ratio. They will prefer dramatic headlines like "BTC continues to fall below $20k" (fear & panic are here! 😱) that won't have the same psychological impact on people as, for example "BTC continues to swing in its range" (stay calm & wait... 😏).
⚡️Nice Global #GDP Composition, done by IMF.
It's just a shame that all these #GPD numbers can be hardly compared with each other. Indeed, since most countries have changed their own method of calculating their #GDP over the years, it makes little sense today to compare all those figures.
It's like every quarter with the figures on the country's economy, social, financial, etc which are announced in mainstream medias, whose so-called guest experts will have the sensitive mission of validating these numbers/stats (all time truncated by their Govt) with the population of the country.
It's just a shame that all these #GPD numbers can be hardly compared with each other. Indeed, since most countries have changed their own method of calculating their #GDP over the years, it makes little sense today to compare all those figures.
It's like every quarter with the figures on the country's economy, social, financial, etc which are announced in mainstream medias, whose so-called guest experts will have the sensitive mission of validating these numbers/stats (all time truncated by their Govt) with the population of the country.