Steven Walgenbach’s Post

📊 New ETHUSDT Technical Analysis: Bearish trends and resistance levels in focus. Read on for potential entry and exit points to navigate the current market conditions effectively. #Ethereum #CryptoTrading #TechnicalAnalysis https://lnkd.in/dcugX8nr

Unlock the latest SOLUSDT technical analysis on the 4-hour chart. Explore key support and resistance levels, technical indicators, and strategic entry and exit points for optimal trading. #Crypto #SOLUSDT #TechnicalAnalysis https://lnkd.in/drpx5tXs

ETHER BECOMING INFLATIONARY ASSET AFTER MASSIVE DENCUN UPGRADE FEE REDUCTION - The 2021 ‘London Hard Fork’ brought deflationary pressure to Ether by introducing a mechanism which sees a portion of all #Ethereum network fees burned, and effectively removed from supply forever. - Since September 2022, the total supply of $ETH has fallen from 120.5M million to just 120.1M as a result of the burn mechanism. - However, with the introduction of Ethereum’s ‘Dencun upgrade’ in March 2024, the cost of transaction fees on mainnet has fallen by as much as 4x. - This, in turn, has lessened the impact of the aforementioned burn mechanism, thereby eating away at $ETH's most exciting deflationary catalyst. - As a result, the number of $ETH being burned per day has descended to one of the lowest levels seen since the famous ‘Merge’ of September 2022. Image: Waterford Whispers News

🚀📊 #BandProtocol is eyeing a whopping 276% jump! A bullish wedge pattern suggests big moves ahead for $BAND. Ready for a breakthrough? Dive into the details here: https://lnkd.in/es64TM-9 #CryptoMarket #Investing #CryptoNews #CoinChapter

NEAR Protocol Rises More Than 4% In 24 hours https://ift.tt/3tpcHm5 Over the past 24 hours, NEAR Protocol's (CRYPTO: NEAR) price has risen 4.12% to $7.57. This is contrary to its negative trend over the past week where it has experienced a 1.0% loss, moving from $7.61 to its current price. read more via Benzinga - Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals https://ift.tt/XNU7CeQ June 05, 2024 at 12:02PM

Uncover the latest technical analysis for HBARUSDT on the 4-hour chart. Learn about key support and resistance levels, market trends, and trading strategies in our detailed article. Stay ahead in the crypto market with Ecoinimist! https://lnkd.in/dNWWAs-x

Toncoin (TON) Technical Outlook: Evaluating Resistance, Support, and Market Sentiment Uncover the latest technical analysis of #Toncoin (TON). We break down key pivot levels #TON #TechnicalAnalysis https://lnkd.in/gsH-nQy7

🔍 Uncover the latest technical analysis for FETUSDT! Our in-depth review covers essential support and resistance levels, technical indicators, and trading strategies. Equip yourself with the insights needed for informed trading decisions. Read more on Ecoinimist! #CryptoTrading #TechnicalAnalysis #FETUSDT https://lnkd.in/dhu77uYg

The Kinetex team has released a new post in the trading series, this time focusing on medium-term trading strategies, which involve holding onto assets for several days up to a few weeks or, in some cases, months. Traders who prefer to spend less time trading but would like to see profits relatively quickly frequently rely on a few well-known medium-term trading strategies, such as trend following, range trading, and breakout trading. Although very common, these approaches require a good technical understanding and expertise to perform successfully. So, it is unsurprising that traders often employ automated bots to determine the perfect time to enter the market and execute trades quickly. When starting their trading journey, crypto traders should always remember a couple of crucial aspects. First, stop-loss orders are essential for mitigating possible losses. Second, traders should not neglect the market participants' opinions and hopes since they have a substantial influence on the market and the way it changes. Third, traders should always diversify the assets they trade and hold and consider their ratios carefully. Lastly, hedging is an excellent way to minimize the negative effect of possible miscalculations or sudden market reversals. Learn more on the Kinetex blog. (https://lnkd.in/e5KEWZ-i) Try swapping with Kinetex dApp! (https://app.kinetex.io/) Kinetex Website (https://www.kinetex.io/)

NEAR Protocol's Price Increased More Than 3% Within 24 hours https://ift.tt/7UeEjw1 Over the past 24 hours, NEAR Protocol's (CRYPTO: NEAR) price has risen 3.6% to $5.44. This is contrary to its negative trend over the past week where it has experienced a 2.0% loss, moving from $5.55 to its current price. read more via Benzinga - Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals https://ift.tt/Vk1EZvt July 02, 2024 at 12:02PM