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CNBC Crypto Trader, Founder Crypto Banter. Invest in protocols that will change the world-give them enough time to do their thing. For premium or any enquiry contact: @RanNeuner_TG
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8 816
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Bingx, Binance Futures, ByBit USDT
#GRT/USDT
Take-Profit target 1 ✅🚀
Take-Profit target 2 ✅🚀
Take-Profit target 3 ✅🚀
Profit: 94.05%📈
Period: 7 Hours 50 Minutes ⏰
8 816
#ETH ANALYSIS :
#ETH flipped into the resistance area of $2530 and moved up after the retest. The next Good Resistance area of $2762 - $2792 is where price can head towards.
8 816
FTX DISTRIBUTIONS DO NOT BEGIN TOMORROW.
Here are the facts:
- October 7, 2024 court hearing will take place to confirm FTX's Chapter 11 plan of reorganization.
- If approved, it will pave the way for repayments to begin.
- Post-Hearing Payments: Payments are expected to occur following additional hearings scheduled for October 22, November 20, and December 12, 2024
- Distributions would start within 60 days of the plan becoming effective, but only for claimants <$50k. Bigger claimants will get distributions in Q1 2025 at earliest.
8 816
#DXY UPDATE :
#DXY performed the same and also #Bitcoin hits the $65,000 level. With that, #DXY started further consolidating and trying to move lower. Weekly closing looks solid, we we can expect some sort of retest and further lower moves, market will rally higher.
8 816
#BITCOIN WEEKLY TF UPDATE :
#BITCOIN on Weekly TF, retesting the zone as resistance and its a key flip area of the market too. Price need to see some sort of strong candle close over the zone by this week or next week. We can see All Time Highs very soon.
8 816
Analysis of #CAKE :
#CAKE is been forming a Inverse Head & shoulder pattern and market kinda going into a reversal. Price retesting the zone as strong support zone of $2.06 - $2.11. Price is expected to take next leg towards the next major resistance area of $2.52 - $2.59, so take the setup accordingly.
8 816
I promised you all that we would go full tilt supporting $BAKED when we thought the market pump would sustain. Any support before would have been wasted.
It feels like we are going up from here and now the fun begins!!!
8 816
Imagine we used exchange trading revenue to burn $BAKED…forever…the more people trade any tokens (not only $BAKED) , the more $BAKED is burnt. … just imagine until we announce next week!
8 816
#BNX is been rejected hard from the resistance area, now reached the bottom of the zone and trying to break below this. Now price can bounce from here or from the bottom of the support zone of $0.811 - $0.906 and buys can be taken.
8 816
#BITCOIN DAILY TF UPDATE :
#BITCOIN on Daily TF, made a further move towards the targets and now flipped above the resistance zone of $65,000. Now, we need to see the weekly closing. That will the strong indication for the buyer confidence.
