JUST IN: PayPal launches crypto stablecoin. PayPal USD (PYUSD) is issued by Paxos Trust Co. and fully backed by US dollar deposits, short-term Treasuries and similar cash equivalents.
Bearish Rectangle Top
π The bearish rectangle top pattern functions as a reversal pattern when it occurs in a uptrend and the breakout happens to the downside.
π The price rise in a strong uptrend and then starts to consolidate between support and resistance levels.
π The consolidation marks a period of equilibrium when neither buyers nor sellers are stronger than the other party.
π This up-down struggle continues for a while and the pattern begins to exhibit the shape of a rectangle.
π In the case of a Bearish rectangle top chart pattern, the stop loss should be placed at the previous high of the pattern.
π The limitation for the target will be the previous support level which was formed before by the price action.
π The bearish rectangle top pattern functions as a reversal pattern when it occurs in a uptrend and the breakout happens to the downside.
π The price rise in a strong uptrend and then starts to consolidate between support and resistance levels.
π The consolidation marks a period of equilibrium when neither buyers nor sellers are stronger than the other party.
π This up-down struggle continues for a while and the pattern begins to exhibit the shape of a rectangle.
π In the case of a Bearish rectangle top chart pattern, the stop loss should be placed at the previous high of the pattern.
π The limitation for the target will be the previous support level which was formed before by the price action.
π₯[South Asia Limited] Fortune Hunt: Share of 20,000 USDT to celebrate Independence Day
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Are you ready to embark on a thrilling journey of rewards and celebrations? Bitget proudly presents the South Asia Independence Day Event, a spectacular event exclusively for our valued South Asia users. Brace yourselves for a week filled with incredible opportunities to win big.π€
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Bitget (BGB) is launching fiat deposits campaign
Promotion period will begin on August 18 and will last till October 30. Users can use one of the four payment options to buy crypto with fiat and share 250,000 BGB reward pool.
π bitget.buzz
Promotion period will begin on August 18 and will last till October 30. Users can use one of the four payment options to buy crypto with fiat and share 250,000 BGB reward pool.
π bitget.buzz
Exactly 15 years ago on this day, Satoshi published the Bitcoin whitepaper, which proposed the idea of light nodes that can verify "alerts" for invalid blocks. This is essential to allowing blockchains to increase their block size without compromising end-user decentralization.
https://twitter.com/TamilBTC_/status/1719369421767196912
https://twitter.com/TamilBTC_/status/1719369421767196912
#EDUCATIONAL_POST:
A morning star is a visual pattern consisting of three candlesticks that are interpreted as bullish signs by technical analysts. A morning star forms following a downward trend and it indicates the start of an upward climb. It is a sign of a reversal in the previous price trend.
A morning star is a visual pattern consisting of three candlesticks that are interpreted as bullish signs by technical analysts. A morning star forms following a downward trend and it indicates the start of an upward climb. It is a sign of a reversal in the previous price trend.
Bullish or Bearish on $ETH? | @TamilBTC @NammaCrypto https://youtu.be/kRB7YzO69O0?si=G-A9_0ILo2RHJDax
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Bullish or Bearish on $ETH? | @TamilBTC @NammaCrypto
NammaCrypto is an information resource dedicated to Bitcoin, Blockchain,ETF,DeFi,METAVERSE,IEO,IDO,IFO and decentralized technologies. Cryptocurrency events, Bitcoin price analysis, op-ed's, crypto technologies, and all the news about Bitcoin. Working forβ¦