XRP was unable to hold the support level and dumped hard from there. Price goes below the support of $0.45 level to hunt stop loss and liquidate positions. You can open long positions if the price drops to the $0.45-$0.47 support area. The major resistance is now $0.57-$0.592 area.
Читать полностью…RNDR analysis:
Price broke the support of $1.62 level and dumped hard after that. The next support is the $0.94-$1.08 area and possible zone for new entries. Don't open any long positions now and wait some time.
BNB continues the downward movement as expected. The major support is $200-$220 area and a break below $200 is extremely bearish. You can accumulate some BNB in the support area with tight stop loss below the $200 level.
Читать полностью…Bitcoin is unable to hold the $28,000 support level and as said we see a heavy sell-off in the market. Price took the liquidity from the major support of the $24,900-$25,300 area. If the price again drops to the support area then you can open long positions. The major resistance is now $28,000 area.
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 are expecting at least a minimum of 3000% and more on the initial spike and multiple waves to follow through. This pump will have alot of support from our team. As we get closer to the pump, more details will follow , stay tuned!
Читать полностью…XRP is now testing the support area as expected. You can open long positions here with tight stop loss below the $0.565 level. A bounce is expected from here after some accumulation.
Читать полностью…LPT analysis:
Price is trading in a long a falling wedge. There was a fakeout and the price was unable to hold above the falling wedge trendline. LPT is now trading at the support of the $6.40-$7.00 area and a break below $6.40 will send the price toward the next support of the $4.40-$4.60 area.
Breaking: Coinbase Launches Regulated Crypto Futures Trading
https://coingape.com/coinbase-to-launch-regulated-crypto-futures-trading/?utm_source=Crypto+VIP&utm_medium=telegram
Finally, BNB broke the bear flag in a downward direction. We warned you many times about the bear flag and hope that you have closed the long positions. The Altcoins market is looking weak and we may see a continuation of the downward movement in BNB.
Читать полностью…XRP Analysis :
XRP is been rejected strongly from the major resistance zone of $0.867 - $0.912 and almost reached out the strong support zone of $0.569 - $0.592. Anticipating, a strong bounce from the support, and you can take the setup with proper risk.
ADA is been reached the local support zone and support is been formed on the Daily TF but for buys, its a very tiny range to getting into setups. Wait for the breakout to the downside or break above the $0.304 mark.
Читать полностью…ADA Analysis :
ADA is been trending lower after the retest of the major resistance zone of $0.299 - $0.304 and reached the structural support zone of $0.287 - $0.288. If price breaks and close below $0.287 then we can see next move down till support at $0.265 and lower. Price might form the range here, so wait for the breakout.
Liquidity drain continues as Stablecoin supplies continue to decline. We need to see Aggregated Supply Back in Market for Potential Reversals
Читать полностью…BTC made a drop down over, but still maintaining below the zone, which shows signs of weakness. Price still back in range, so also might push lower. Daily, making Lower Lows, but Weekly might goes deeper to test and testing the Major resistance too.
Читать полностью…Educational Post:
What is Staking Pool?
A staking pool allows multiple stakeholders (or bagholders) to combine their computational resources as a way to increase their chances of being rewarded. In other words, they unite their staking power in the process of verifying and validating new blocks, so they have a higher probability of earning the block rewards.
The overall idea of the staking pool model is quite similar to the traditional mining pool, which involves the pooling of hash rate in a Proof of Work (PoW) blockchain. However, the staking pool setup is only available on blockchains that employ the Proof of Stake(PoS) model or, in non-POS systems through protocol design features.
Typically, a staking pool is managed by a pool operator and the stakeholders that decide to join the pool have to lock their coins in a specific blockchain address (or wallet).
While some pools require users to stake their coins with a third party, there are many other alternatives that allow stakeholders to contribute with their staking power while still holding their coins in a personal wallet. For instance, the so-called cold staking pools enable a more secure model, as users can participate in the staking process while keeping their funds on a hardware wallet.
Compared to solo staking, a staking pool will give smaller rewards because each successful block forging (validation) will split the rewards among the many participants of the pool.
In addition, most pools will charge fees, which will reduce even more the final payout. On the other hand, staking pools provide more predictable and frequent staking rewards. Other than that, they allow stakeholders to make a passive income without having to worry about the technical implementation and maintenance of setting up and running a validating node.
Bitcoin is slowly moving toward the major support of the $24,900-$25,300 area. We may see some sideways movement before the next move. Keep tight stop loss in all open positions.
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 3000%-5000!! Big reminder that we are doing the pump on MEXC.
More than $1 Billion worth of positions were liquidated in the last 24 hours. Major liquidations in BTC and ETH.
Читать полностью…FET analysis:
Price is rejected from the downtrend line. Price also broke the support level and now trying to reclaim it. Don't open any long position until the price is able to go above the $0.20 level. The next support is $0.172-$0.177 area.
FTX Seeks Settlement Agreement With Genesis For Just $176 Million
https://coingape.com/ftx-seeks-settlement-agreement-with-genesis-for-just-176-million/?utm_source=Crypto+VIP&utm_medium=telegram
BTC goes below the trading range to hunt stop loss and liquidations. Bitcoin is now holding above the $28,500 support of the trading range. The major support is the $28,000 level and a break below this will bring heavy selling in the market. Don't open any long positions now.
Читать полностью…MATIC broke the trading range in a downward direction as expected. The next support is the $0.595-$0.60 area and the major support on the Daily chart is the $0.505-$0.533 area. Wait for some time for opening long positions.
Читать полностью…Notice of Removal of Trading Pairs - 2023-08-18
https://www.binance.com/en/support/announcement/notice-of-removal-of-trading-pairs-2023-08-18-efcc02e2c5d1486aaf27cde5aa059479
Price is holding the $29,000 support level and bounced from there. Let's see how Price reacts to the news events. There is no volume in the market yet.
Читать полностью…Dear members, Due to massive request from our community we have decided to schedule our next big pump at MEXC.
Date : 20-August-2023 Sunday
Time : 4 PM GMT
Pairing : USDT
Exchange : MEXC
Advantage : Free For All
With the success of our previous big signals and the altseason coming, we are ready to announce our next big signal on MEXC. We have decided to start pumping on MEXC for multiple reasons. 1st of all, we believe that with our massive buying power we will be able to reach 3000%-5000% easily possibly even more. 2nd of all, MEXC doesn't require KYC meaning you can make an account there without verifying your identity and get past any restrictions other exchanges could have. Finally, there is very little hidden sell pressure in the orderbooks. After the previous signal and hours of discussion with our team, we have decided to schedule our next signal in 5 days to make sure that we are fully prepared. Our main goal for this pump signal will be to make sure that every single member in our group makes a massive profit. With our ability to keep creating the most powerful and biggest pumps , we will take every opportunity we can get. We welcome everyone to join us as we create the next big pump all traders and investors all over the world have been waiting for.
We have 5 days to prepare for this massive free-for-all pump, this event will be the biggest one that we have done in the history of our group and will top our previous ones in terms of % gain. Instructions will be given out in the upcoming days to make sure all our members are prepared for MEXC. We are expecting hundreds of thousands of people all across the world to attend this pump and possibly more than a million people across all social medias will be watching. Be prepared. We will be giving out more information when we are closer to the signal date, stay tuned!
#BTC still remains the same and made a fakeout over the consolidation range and $29,540 till $30,000 will act as the resistance area for this. We've some strong news events this week ahead, which might decide the direction of the market.
Читать полностью…Educational Post:
What is fundamental analysis?
Fundamental analysis is a method used by investors and traders to attempt to establish the intrinsic value of assets or businesses. To value these accurately, they’ll rigorously study internal and external factors to determine whether the asset or business in question is overvalued or undervalued. Their conclusions can then help to better formulate a strategy that will be more likely to yield good returns.
For instance, if you took an interest in a company, you might first study things like the company’s earnings, balance sheets, financial statements, and cash flow to get a feel for its financial health. You might then zoom out of the organization to look at the market or industry it’s operating in.
The end goal with this type of analysis is to generate an expected share price and to compare it with the current price. If the number is higher than the current price, you might conclude that it’s undervalued. If it’s lower than the market price, then you could assume that it’s presently overvalued. Armed with the data from your analysis, you can make informed decisions about whether to buy or sell that particular company’s stock.
MATIC is been ranging after the breakout and, and potential setup will occur after the break of range. You can trade the consolidation in between but Shorts are potentially higher as Daily Making Lower Lows.
Читать полностью…INJ Analysis :
INJ rejected from the Structural Resistance of $9.30 - $9.70 and gave a breakout after a small consolidation range. Price may continue to push down towards the support near $7.158 and $6.313. Potential shorting opportunities possible at $7.86.
MATIC analysis:
Price broke the uptrend line on the 4-hour chart. The local resistance is the $0.70-$0.705 area and the major resistance is the $0.747-$0.787 area. The local support is $0.649-$0.657 area and major support is $0.505-$0.532 area. Better to wait for some time for new long entries.