Positive CVD values suggest a net buy-side pressure, where as negative values infer a net sell-side pressure.
When we analyze the yearly median value of Spot CVD, we can see that the median value has fluctuated between -$22m and -$50m over the last 2 years, suggesting the presence of a net-sell side bias.
As said Bitcoin is giving mixed signals and the price again drops below the $60,000 level. The lower support is $55,000-$56,000 and a possible test of this level is expected before the next move.
Читать полностью…Since March, the outlook for Ethereum (ETH) recovery has been dim. The burn rate has hit an all-time low, while inflation has soared to all-time highs since the switch to Proof of Stake (POS). By the next halving, ETH could surpass Bitcoin in terms of issuance. The transition to Layer 2 solutions isn't generating enough usage to drive demand.
Currently, the primary use case for ETH seems to be moving stablecoins. Additionally, Uniswap's trading volume is declining sharply, with current activity barely over 10% of what it was in March, and the downward trend continues.
$BCCOIN pumping hard since our call and made a high of 3.35$ . The position printed a peak profit of more than 4X from our entry. We hope you booked some Massive profit From our Insider call.
Читать полностью…CFX analysis:
Price bounced from the support area and is now trading in a non-trading zone. You can open a long position at the support area if the price retests this zone.
Support Area: $0.10-$0.112
Resistance Area: $0.14-$0.15
ORDI tested the support area and bounced from there. I hope you opened a long position at the support area. The long position is now more than 16% in profit. You can increase your stop loss to the breakeven point and hold the trade. The resistance level remains the same.
Читать полностью…LPT analysis:
Price is currently approaching the resistance area. We will observe how price responds to this level. If there is a rejection, the price will likely move toward the support area.
Support Area: $9.00-$9.60
Resistance Area: $12.90-$13.50
Bitcoin Dominance continues the uptrend as expected. Dominance is dropping now and we may see a test of the local support area.
Local Support Area: 56.75-56.85%
Major Support Area: 54.90-55.30%
Bitcoin began the week with a red candle and broke through the support area in a downward direction. Let's see how the price reacts when the US market opens. If the daily candle closes below the support area, we can expect some selling in the market.
Читать полностью…YOLO/USDT Mega Signal 2.0 Recap! 🚀
We kept our promise to pump #YOLO again for our members, and here it is! We’re thrilled that many of you turned a significant profit from this signal!
With around 150k USDT in trading volume and a peak of more than 17X, we delivered a fair and safe pump for our community—0% prepump and zero prebuy.
Even though we expected to reach our +5000% target but the peak was shorter than expected as this was affected by alot of bag holders from previous pump, which resulted in lower than expected rise and volume. #YOLO held the #1 gainer spot on MEXC, with whales buying after our members.
Big names are hyping #YOLO globally, and our whales are preparing for another pump in the coming weeks. Overall, this signal was a huge success. We're planning something massive for the next pump, and this time, we're aiming for 50X-100X gains! Get ready—this is going to be our biggest one yet!
Stay tuned for our next signal announcement!🚀
Due to massive request from our community our whales are pumping YOLO again and they will pump until YOLO reach 100X🚀✌️
Buy and HOLD
Dear members,
1 hour left until the MEXC pump!
A massive 50X-100X pump is about to happen in only 60 minutes. We will be using USDT for this call, make sure you have “USDT”in your “MEXC wallet”before pumping.
Dear members,
3 hours left until the biggest pump we have ever done on MEXC!
- Our target will be 50X-100X gains today. We will be using the MEXC exchange to pump.
- We will be using the USDT pairing to buy, make sure you have USDT in your account to buy the coin.
- Hundreds of thousands of traders will be buying at once, make sure you buy early before outsiders do.
- If you plan to use your whole balance, you can buy using 75% of your balance initially at market price, use the remaining of your balance to place buy orders!
- When you buy the coin and it's time to sell, never sell on the buy supports! Instead sell slowly in parts as the price goes up.
- After buying, we highly suggest to place buy orders below the market price as the price moves up.
📣 6 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 50X-100X gains today possibly even more, make sure you have “USDT” in your “MEXC wallet” before pumping.
Читать полностью…LPT has been rejected from the resistance area and is now moving towards the support area. Consider placing buy orders in the support zone and wait.
Support Area: $9.00-$9.60
IRIS analysis:
Price is currently trading within a range, indicating a neutral zone. It's advisable to wait for a test of the support area before considering new entries.
Support Area: $0.0115-$0.0122
Resistance Area: $0.018-$0.019
The TOTAL crypto market cap dropped to a lower support area to grab liquidity and then rebounded from there. Prices are showing a strong upward movement, and the support level has also been retested. We may see a continuation of the upward movement in the crypto market.
Читать полностью…The price of Bitcoin has risen above $60,000 but is currently showing mixed signals, with no clear indication of a definitive upward or downward movement. It appears to be moving sideways around the $60,000 level, suggesting the potential for a significant price movement soon.
Читать полностью…Educational Post
What Is Monetary Policy?
Monetary policy refers to the actions taken by a nation's central bank to regulate the money supply and the cost of borrowing in the economy. Monetary policies are used to achieve specific economic goals, such as controlling inflation, managing employment levels, or encouraging economic growth.
To implement monetary policy, central banks can adjust interest rates, conduct open market operations (OMOs), and alter reserve requirements for commercial banks. By influencing the supply and cost of borrowing money, they can either increase economic activity or cool down an overheating economy.
How Does Monetary Policy Work?
Monetary policies can be either expansionary or contractionary.
Expansionary monetary policy
Expansionary monetary policies typically involve lowering interest rates while increasing the money supply to stimulate economic growth. They are often implemented during recessions or periods of low economic activity. The goal is to make borrowing cheaper, encouraging consumers to spend and businesses to invest, thereby boosting overall economic activity.
Imagine that the central bank of Country X wants to stimulate the economy by lowering interest rates. Jane and John, residents of Country X, notice that borrowing costs have decreased. Jane decides to take out a loan to start a new business, while John takes advantage of lower interest rates to buy a new home. As such, demand for goods and services increases, leading to job creation and further economic activity.
Example: 2008 financial crisis
During the 2008 financial crisis, the U.S. government implemented an expansionary monetary policy to revive the economy. They lowered interest rates and introduced quantitative easing (QE), i.e., buying government and mortgage-backed securities. This increased the money supply and made borrowing cheaper. Consequently, consumers spent more, businesses invested more, and the economy began to recover.
Contractionary monetary policy
Contractionary monetary policy involves raising interest rates and decreasing the money supply to slow economic growth and combat inflation. By making borrowing more expensive, the central bank aims to reduce spending and investment, decreasing overall demand and cooling down the economy.
Imagine that the central bank of Country Y wants to control rising inflation by increasing interest rates. Residents Sarah and Mike find that the cost of borrowing has gone up. Sarah decides to delay her plans to expand her business, and Mike postpones buying a new car. Consequently, consumer demand falls, and businesses see a decline in sales, which helps lower inflation and stabilize prices.
Example: early 1980s
In the early 1980s, the Federal Reserve used a contractionary monetary policy to combat high inflation in the United States. The Fed raised interest rates, making borrowing more expensive. This successfully brought down inflation but also led to a temporary increase in unemployment.
Bitcoin retested the support area but was unable to break above it. The price needs to break above $60,000 to gain positive momentum. Let's see how the price reacts in the next couple of days.
Читать полностью…CRV breaks the falling wedge pattern in an upward direction. We are looking to retest for opening new long positions. The falling wedge is a bullish pattern and usually brings a good rally.
Support Area: $0.275-$0.28
Resistance Area: $0.40-$0.44
Binance Will Delist CVP, EPX, FOR, LOOM, REEF, VGX on 2024-08-19
https://www.binance.com/en/support/announcement/e2fcd2c945654c8d832395335429403e
ORDI analysis:
Price gave a fakeout below the major support area to liquidate overleveraged positions. ORDI is now trading at the support area, and you can open a long position with a tight stop loss. We may see a move towards the next resistance area.
Support Area: $26-$28
Resistance Area: $33.60-$35.50
The coin we are pumping tonight is: YOLO
https://www.mexc.com/exchange/YOLO_USDT
Buy and hold for massive profits🚀
2 hours left until the mega pump on MEXC! Things are looking great for us and we will definetly be expecting a very nice pump!
Here is a list of things you need to know before the pump:
- The faster you buy the more profit you will make, buying early is the most important factor that will determine your profits.
- If you are using market buy , using the 100% option won't work , instead use between 75% and below.
- The pump will be free for all and on MEXC, the signal will be given on all our telegram groups at the same time
ETH seized the liquidity at the major support area and promptly rebounded from there. The price is now heading towards the resistance area. ETH is showing strong strength, and we will see the same reflecting in other altcoins as well.
Resistance Area: $2800-$3000
Bitcoin is still moving sideways as expected. The market remains unchanged, and we may see the same movement until the global market opens. Altcoins are recovering well, with most coins returning to pre-dump prices.
Читать полностью…