DUSK analysis:
The price of DUSK is currently oscillating between the support and resistance areas. If the daily candle closes above the resistance area of $0.118, the price will likely move toward the $0.13-$0.1325 resistance area. For new entries, the support area is between $0.0945-$0.099.
Bitcoin achieves a significant milestone with over 500,000 new daily addresses, amidst volatile price fluctuations, according to a data from Glassnode.
Читать полностью…Alert 🚨
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#JET pump summary:
Amazing signal with around 170k USDT in volume with a peak of +10200%. Hundreds of thousands of MEXC traders took notice of our call on #JET as it climbed the 'Top Gainers' list, resulting in massive profits for all! As we promised our whales supported our coin and we managed to go beyond our profit expectation perfectly and we're glad everyone participated. Although the peak didn't last as long as we intended it to, our coin sat as the #1 gainer on MEXC for few minutes. The sell pressure we faced today was unexpected, and as you can tell from our previous signals our coin should've stayed at its peak for much longer. Which means we gave external selling pressure from bots. Overall, we can safely say that this signal was a huge success and that the upcoming one will be a long lasting pump and we will make sure to reach again +10000% gains on MEXC. We are receiving many messages of appreciation and we are glad many of you managed to turn a massive profit on this signal! Stay tuned for our next signal announcement!
Educational Post
What Are Telegram Trading Bots?
Telegram trading bots function as automated systems within Telegram, facilitating users to execute trades on decentralized exchanges (DEXs). Users interact with these bots through the app's messaging interface.
Different Telegram trading bots offer unique functions, however most share common trading features including stop-loss and take-profit orders, copy trading, and multi-wallet support.
How Do Telegram Trading Bots Work?
Telegram trading bots assist traders in automating their transactions by connecting to decentralized exchanges (DEXs) such as Uniswap and carrying out trades according to a set of pre-established rules set by the user.
These bots replace the user interface (UI) and user experience (UX) of Web3 wallets and DEXs, streamlining the otherwise complex decentralized crypto buying process.
While each trading bot features a unique interface, their primary purpose is to serve as a protocol to quickly snipe or instantly purchase tokens.
The pump doesn't last long and BTC is back to where it started. Nothing has changed in the market and the price continues to trade in a range. Sideways movement is expected for the next week.
Читать полностью…BLZ analysis:
Price rejected from the $0.18 resistance area and now testing the support of the $0.116-$0.128 area. We may see a bounce from the support area toward the $018 resistance level. Use tight stop loss below the $0.115 level if you are opening long positions.
The Bitcoin hashrate has achieved a new all-time high, resembling the pre-halving surge of 2020, as per data from #Glassnode.
Читать полностью…Bitcoin showed some positive movement and the price is now trading above the $26,000 level. The resistance of the trading range is the $26,800 level and a break above this level will push the price toward the $28,000 major resistance level.
Читать полностью…Dear members,
Exactly 48 hours left for our biggest MEXC pump signal in history!! We expect the maximum number of participants in this pump, reaching millions of traders from every corner of the world. The whales we have on our team for this pump are the biggest we’ve ever had, We’ll be constantly pushing the price higher, not likely seeing many retracements. Buying and holding as soon as the signal is announced will be the most profitable strategy. Our goal in this pump is to guarantee all our members the biggest profits possible, aiming at a minimum of 5000%-7000!! Big reminder that we are doing the pump on MEXC.
REEF has broken above the resistance area and is currently trading above it. You can open a long position with a tight stop loss when the price retests the $0.0014-$0.00144 area. The next resistance level is at $0.00159-$0.00163.
Читать полностью…Bitcoin has remained stable this week and the entire crypto market is waiting for a volatile move in BTC. It is recommended to use a stop loss for all trades.
Читать полностью…Hello everyone, 3 days left until our next free for all pump on MEXC. We can guarantee that this upcoming pump will have amazing results, We now have a new and bigger team of whales on our side, which is by far the strongest in the market, we’re ready to see our biggest volume in history, we don’t expect this pump to make all our members less than 5000% in profits. That’s exactly why we decided to pump on MEXC, and why this pump will be the biggest we’ve ever seen. As we get closer to the pump, more details will follow , stay tuned! Read pinned post 😊
Читать полностью…IOTX back to the support zone around $0.0145 and gave a strong rejection. Price might preparing for a move till resistance here. You can risk small here with tight stops.
Читать полностью…It is important to note that the Bitcoin death cross, which occurs when the daily 50MA crosses the daily 200MA downward, is expected to occur within the next 1-2 days. This is considered a bearish sign for the market. It is worth noting that the daily support level remains the same, and if the support level is broken, the price could drop further to $20,000-$21,000. It is recommended to keep a tight stop loss in all trades to minimize losses.
Читать полностью…IOTX analysis:
Price is slowly moving toward the resistance of the $0.0163-$0.0167 area. The support is $0.0145-$0.0147 area. Don't open any position here and wait for some time to see how the price reacts on the resistance area.
FTX likely to get approval to liquidate its assets on 13th Sept, though they said they will not go to liquidate in one go and will sell $200 million worth asset every week.
Big coin holdings:
$SOL $650m+
$FTT $500m+
$BTC $268m
$ETH $90m
$APT $67m
$DOGE $42m
$MATIC $39m
The coin we are pumping tonight is : JET
https://www.mexc.com/exchange/JET_USDT
Buy and hold for massive profits
COTI analysis:
COTI's price has broken above the $0.0404-$0.0415 resistance zone, indicating positive signs for further growth. The next milestone to achieve is the $0.0452-$0.0457 resistance area. It's worth noting that there may be a test of the $0.0404-$0.0415 support area before the price moves higher. If you have open long positions, we recommend using a tight stop loss to ensure your investment is secure.
📣 12 hours remaining until our pump on MEXC! Our pump will be free for all and everyone will receive the signal at the exact same time. A few tips before we begin : Buying early and fast is very important! Make sure to be active during the pump. If you buy and sell for a profit we suggest adding a buy order at a lower level afterwards to ride the waves and help support the pump, never sell on the buy supports! Instead sell slowly in parts as the price goes up. We are aiming at 5000%-7000% gains today possibly even more, make sure you have “USDT” in your “MEXC wallet” before pumping.
Читать полностью…Exactly 24 hours left for the biggest MEXC Mega Pump we’ve ever seen, expect profits of no less than 5,000% and a volume never seen before, our big whales will be pushing price up for hours after our initial signal, getting the biggest volume from outside traders, and making sure all our members make huge profits again!
Make sure you have “USDT”in your “MEXC wallet”before pumping. Be ready at 4pm GMT tomorrow.
Following the recent breakdown, ICP is currently retesting the same area. As a precaution, it's recommended to close your long position at breakeven or at a minor loss. There's a possibility that we might witness a continuation of the downtrend after the retest. In case you're still holding the long position, it's advisable to increase your stop loss to the $3.25 level.
Читать полностью…LIT analysis:
Price is now testing the resistance of the $0.64-$0.65 area. If the price can break above this level, we see a move toward the $0.746-$0.78 major resistance area. A rejection from here will send the price toward the $0.58 support level.
Educational Post
What Is Hedging?
Hedging is a risk management strategy employed by individuals and institutions to offset potential losses that may incur on an investment.
An Example of Hedging Your Bitcoin Position
Let’s say you own $10,000 worth of BTC and you want to hedge against a possible decrease in its price. You can consider doing the following to hedge your position.
Suppose bitcoin is currently trading at $50,000. You could buy a put option that gives you the right to sell Bitcoin at $50,000 at a future date. Let's say you pay a premium of $500 for this option (actual prices would depend on market conditions).
If bitcoin's price falls to $40,000, you can exercise your option and sell your bitcoin for $50,000, significantly reducing your losses. The cost of this hedge would be the premium you paid for the option. In this example, you would need 0.2 BTC to cover your portfolio. The cost would be 0.01 BTC ($500/$50,000).
Alternatively, you might sell a futures contract for bitcoin. Let's say you sell a futures contract for 0.2 BTC, agreeing to sell Bitcoin at $50,000 in one month. If bitcoin's price falls to $40,000, you could buy 0.2 BTC at the lower price to fulfill your contract, thus effectively selling your bitcoin at $50,000 and offsetting the losses in your portfolio. However, if bitcoin's price increases, you would still be obligated to sell at $50,000, potentially missing out on any price gains.
The concept is similar to taking out an insurance policy. If you own a home in a flood-prone area, you would want to protect that asset from the risk of flooding by taking out flood insurance. In financial and crypto markets, hedging works in a similar way. It involves making an investment designed to reduce the risk of adverse price movements in an asset.
Binance Completes Integration of Ethereum (ETH) on zkSync Era Network, Opens Deposits and Withdrawals
https://www.binance.com/en/support/announcement/ee1c87b20f2248618446bf21d72556ed
ALICE analysis:
Price is trading in the range of $0.70-$0.85 area. The resistance is the $0.83-$0.85 area and a break above this will send the price toward the $0.99-$1.00 area. The support is $0.70-$0.72 area and you can place your buy orders in this zone.
Breaking: Court Filing Hints At Contents Of US SEC’s Secret Filing In Binance Lawsuit
https://coingape.com/court-filing-sec-secret-binance-filing-binance-lawsuit/?utm_source=Crypto+VIP&utm_medium=telegram