BAT analysis:
Price is trading in a narrow range and has been rejected from the resistance area. A move towards the support area is expected, providing an opportunity to open a long position.
Support Area: $0.22-$0.229
Resistance Area: $0.258-$0.266
PORTAL just dipped below the support line to trigger stop losses. If you opened long positions at the support line, you're now looking at over 15% profit. Increase your stop loss to breakeven point and hold the long positions as we may see a break of this falling wedge pattern.
Читать полностью…UNFI analysis:
The price has broken out of the trading range and is now approaching the resistance area. This is not a good time to trade, so it's better to wait for a better setup.
Support Area: $3.95-$4.10
Resistance Area: $5.45-$5.87
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WLD is respecting the support trendline and holding it. Let's see how the price reacts at the key resistance area. A break above the resistance will be a signal for long entries.
Major Resistance Area: $5.63-$6.13
#TWIF/USDT
+50% Quick move after our call🚀✌️
But this is just the beginning of something big. Get ready to witness a massive 20X-50X pump from $TWIF, continuing the rally! With many big things in the pipeline, the future looks incredibly promising! 💎🔥
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Bitcoin is currently retesting the $69,000-$70,000 range, and the price is holding at this level. A break below $69,000 may lead to a sell-off in the market. Keep an eye on the support level. The next major resistance area is $72,000-$73,500.
Читать полностью…MINA analysis:
The price is currently trading in a tight range, indicating a no-trade zone. It's advisable to wait for a test of either the resistance area or the support area. Given the overall bullish market, there is a high possibility that the price will move towards the resistance area. If you decide to trade, use a tight stop loss.
Support Area: $0.70-$0.733
Resistance Area: $0.98-$1.00
Educational Post
What is Confirmation Time in Blockchain Transaction?
Confirmation time is defined as the time elapsed between the moment a blockchain transaction is submitted to the network and the time it is finally recorded into a confirmed block. In other words, it represents the total time a user has to wait until their transaction gets collected and confirmed by a miner node.
Depending on the type of blockchain and network architecture, this time can be reduced by offering a higher transaction fee, so miners will have an incentive to give a higher priority to your transaction.
Confirmation time can be used as a metric to measure the average speed of a blockchain network. However, since the actual time between submission and confirmation can vary due to individual factors and fluctuating demand, it is more reasonable to calculate the efficiency and speed of a blockchain by making use of an averaged confirmation time according to its current state and the most recent blocks.
After a transaction has been included in a block by a miner, the block needs to be validated by the other nodes of the network. When the block is confirmed to be valid, the transaction is considered to have a single confirmation, meaning that each new block that is mined on top of that will represent another confirmation.
As the most recent blocks in a blockchain are not considered as fully secure, it is often recommended to wait for additional block confirmations before considering the transaction successful and irreversible. This is especially true for the parties that are receiving cryptocurrency payments, such as merchants and online service providers.
The actual number of confirmations before a transaction is considered final varies and is directly dependent on the computational power (hash rate) devoted to securing each blockchain network. For instance, Bitcoin users usually consider a minimum of 6 block confirmations to be highly secure, but other chains with less power behind them would require significantly more than that.
We hunted a heavily undervalued GEM💎 $TWIF in very early stage for you guys, after that $TWIF saw an explosive rally of over 5x, Now the price is consolidating near the support zone and preparing for a big move from here🚀
Get in now at current price as it can easily make 20X-50X rally🚀 This is just the beginning as Mexc.com will officially list $TWIF on May 22 at 14:00 UTC. And as per their official tweet $TWIF is set to launch on Tier1 CEX soon🚀
#MEXC Tweet link: https://x.com/mexc_official/status/1792860636390846530?s=46
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Bitcoin continues its upward movement, breaking the major resistance level of $70,000. As expected, US trading volume kicked in, pushing the price even higher. We may see a new all-time high anytime now. Get ready for the FOMO rally to start.
Читать полностью…The altcoin market cap (TOTAL2) is currently testing the downtrend resistance line. If TOTAL2 manages to break above this resistance line, we could see a strong rally in altcoins. If BTC doesn't experience a sudden drop, then we can expect significant movement in altcoins.
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According to Glassnode, small Bitcoin (BTC) holders, known as "shrimps," who own less than 1 BTC, hold about 7% of the total circulating supply.
This highlights their significant role in the ongoing trend of accumulating BTC.
Bitcoin is currently attempting to maintain the $69,000-$70,000 support range, which is crucial for preserving the bullish structure. The resistance level remains unchanged, with the next support area at $67,000-$67,500.
Читать полностью…🔥 As per the #Tomwifhat official announcement, something HUGE is cooking behind the scenes for $TWIF! #MEXC listing rescheduled for this monumental reason: https://x.com/tomwifcoin/status/1793344918695596321?s=46
Читать полностью…The share of Bitcoin traded during US hours (13:00-20:00 UTC) reached an all-time high in 2024, accounting for 46% of the total trading volume in April. This surge is likely connected to the launch of spot ETFs in January.
Читать полностью…SOL analysis:
Price grabbed liquidity from a major support area and initiated a strong upward rally. It also retested the support area before continuing its upward movement.
Support Area: $167-$172 (add some here if missed earlier)
Resistance Area: $195-$205
🚀 Don't sleep on this 20X-50X GEM! 💎 $TWIF is seriously undervalued and about to take off with a listing on #MEXC today! 🗓️
#TIER1 listing is on the card for $TWIF: https://x.com/tomwifcoin/status/1792870568506863687?s=46
Also #LTO team (binance listed project) just endorsed $TWIF on twitter this is definitely game changer👀
https://x.com/tomwifcoin/status/1792898065516630269?s=46
These are incredible signs for #Tomwifhat. The future looks bright for $TWIF🚀
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Notice of Removal of Margin Trading Pairs - 2024-05-31
https://www.binance.com/en/support/announcement/b0425f147ddf4f2a887ca2a781ccc68e
Massive announcement for $TWIF holders🔥🚀
#Tomwifhat announced a huge partnership with #Dogwifhat on twitter: https://x.com/tomwifcoin/status/1792886524788555989?s=46
If we compare #Dogwifhat’s billion-dollar market cap and #Tomwifhat marketcap which is sitting at few million-dollar it is like a steal deal for you. Get in now for potential 20x-50x gains! 🚀💎
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ETH experienced significant price movement as expected, increasing by over 30% since our entry. The surge is believed to be in anticipation of the ETH ETF approval date approaching. The next major resistance level is expected in the $3900-$4000 range.
Читать полностью…Bitcoin balance on exchanges has hit a 5-year low, indicating that traders are accumulating BTC for the long term. This trend suggests growing confidence in Bitcoin's future potential.
Читать полностью…🚀 Big Moves Ahead for $TWIF! 🚀
$TWIF is currently trading in a symmetrical channel after an impressive upward rally. Brace yourselves, as we might witness a breakout from this symmetrical triangle in the upward direction, continuing the rally! With many big things in the pipeline, the future looks incredibly promising! 🔥🚀
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According to Glassnode data, the number of whales in $BTC has started to grow again!
This resurgence signals renewed interest and confidence among major holders, setting the stage for potential big moves in the market!
The TOTAL crypto market cap broke the downtrend channel in an upward direction. This is a good sign for the crypto market, and we may see a continuation of the upward movement. The next few months will be good for the crypto market.
Читать полностью…Bitcoin is continuing its upward movement and slowly approaching the resistance area. There may be some action when the US markets open. The support and resistance levels remain the same.
Читать полностью…