Crypto VIP Signal

29 февраля 2024 15:37

Resistance consists of a level in which the price of an asset fails to break through due to strong selling pressure. In some cases, the occurrence of resistance levels may also be related to big sell walls, that prevent the price from rising further.

So a resistance level is expected to act as a “ceiling,” caused by a large supply of sellers in that price area. As such, traders can interpret resistance as a level that can only be surpassed with significant buying pressure.

Typically, technical analysists draw resistance lines based on previous highs. Such a technique may be useful when trying to predict potential points of price reversal. In general, resistance levels are depicted as straight horizontal lines, but they may also be drawn as diagonals.

Crypto VIP Signal

29 февраля 2024 10:52

DOT rebounded from the local support area and broke through the major resistance level. The price is surging after a retest. If you have opened long positions, consider increasing your stop loss and holding the positions. If the price can break the next resistance area, we see a continuation of the upward rally towards the $10 level.

Resistance Area: $8.70-$8.85

Crypto VIP Signal

28 февраля 2024 19:04

BAL Analysis:

The price of BAL is currently attempting to surpass the resistance area. Confirmation of a breakout will be signalled by a candle closing above this resistance level. Conversely, a rejection from this area may lead to a downward movement towards the support zone.

Support Area: $3.50-$3.70

Resistance Area: $4.55-$5.00

Crypto VIP Signal

28 февраля 2024 13:33

Bitcoin Dominance has experienced a significant increase due to a sudden surge in the price of BTC. However, we might witness a decline in dominance as soon as the price of BTC becomes stable. Some altcoins are displaying a promising upward trend, and we may enter an altseason shortly. It's always wise to be well-prepared and utilize proper risk management techniques.

Crypto VIP Signal

28 февраля 2024 08:52

Bitcoin break above $58,000 🚀

Crypto VIP Signal

28 февраля 2024 04:29

#FLOKI AMA winners 🏆

https://twitter.com/CryptoVIPsignal/status/1762512553140441232?t=xEMz7kzQZCoXr2-4-FedEw&s=19

Crypto VIP Signal

27 февраля 2024 14:47

Educational Post

What is Market Momentum?

The term market momentum refers to the ability of a particular market to maintain a continuous increase or decrease in price within a certain timeframe. Essentially, market momentum is what creates a market trend. Since the market momentum is a result of the variations in the market price of an asset, it also reflects the current market sentiment.

As such, market momentum can be used in technical analysis (TA), helping traders identify trading opportunities. These opportunities may arise during bullish or bearish trends (when market momentum is getting stronger) or during reversal points (when market momentum is getting weaker).

However, market momentum is not only related to the price changes but also to the trading volume. This means that high volumes of trading activity indicates a stronger market trend and, thus, a stronger and more reliable market momentum.

Many traders and chart analysts make use of TA indicators to measure market momentum and try to spot possible market trends. Some examples of these tools include the Relative Strength Index (RSI), the Stochastic RSI, the Volume Weighted Average Price (VWAP), and the Moving Average Convergence Divergence (MACD).

Crypto VIP Signal

27 февраля 2024 06:11

Bitcoin has seen a significant rise in value and has broken through its resistance level with high trading volume. As a result, many people are experiencing FOMO (fear of missing out) and there is a lot of hype in the market. If the price of Bitcoin can remain above the $55,000 level, we may see it move towards the key level of $60,000. It is recommended that open positions have a stop loss in place.

Crypto VIP Signal

26 февраля 2024 15:12

Educational Post

What is a Fakeout?

A fakeout is a term used in technical analysis (TA) that refers to a situation where a trader enters a position expecting a price movement that ultimately doesn’t happen. In fact, in most cases, a fakeout is used to refer to a situation where the price goes in the opposite direction of the trade idea or signal.

A fakeout may also refer to a “fake breakout,” or false breakout, where price breaks out of a technical price structure, only to reverse shortly.

A fakeout can amount to a considerable loss. Technical analysts may identify a pattern that fits perfectly with their strategy, and looks to be playing out as expected. However, the price may reverse very quickly due to outside factors, and the trade can quickly turn into a hefty loss. As such, in anticipation of a fakeout, many traders will plan their exit strategy and put on stop-loss orders in advance of entering trades. In fact, this is quite a common strategy for basic risk management.

Crypto VIP Signal

26 февраля 2024 09:27

The demand for Bitcoin vastly exceeds the daily supply from miners. With miners generating approximately $46 million worth daily, contrasted with an average daily demand of $607 million. The demand is coming from the spot ETF Market.

Crypto VIP Signal

25 февраля 2024 20:15

JOE analysis:

After bouncing off the support area, the price is now moving towards the major resistance area. It's advisable to wait for new entries as it's currently a no-trade zone.

Support Area: $0.426-$0.466

Major Resistance Area: $0.686-$0.727

Crypto VIP Signal

25 февраля 2024 18:10

Get in on #DEGO now before it takes off🚀

Defi alts gearing up for a big rally. Jump in now before the breakout😊

Crypto VIP Signal

25 февраля 2024 18:05

DEGO Finance is a decentralized ecosystem that offers a diverse combination of non-fungible token (NFT) and decentralized finance (DeFi) tools. It is an independent, open NFT ecosystem.

Technically lying above strong support. RSI is in the oversold region. MACD is showing bullish momentum. It will pump hard from here. So now is the right time to build your position in it before breakout for massive profits😊

Targets: $2.71 - 3.25 - 4.35 - 5.55

Crypto VIP Signal

25 февраля 2024 16:17

OLAND token price condition looks good. As an NFT-based game, Oceanland continues to develop with its new version and new mini games to be added to the platform. Users can play games with OLAND tokens on the Play-to-earn concept platform. Additionally, those who hold OLAND tokens can trade on NFT Marketplace and their own DeFi (swap, stake, farm) environments. Investors can trade the OLAND token on Huobi (HTX) and Gate exchanges. The team is preparing to release its first mini game in March 2024. They will also announce the test version for Oceanland version 2 very soon.

HTX-> https://www.htx.com/en-us/trade/oland_usdt?type=spot

Gate -> https://www.gate.io/trade/OLAND_USDT

Crypto VIP Signal

25 февраля 2024 10:23

The $51,500 level is emerging as a significant support zone, with nearly 500,000 BTC traded at this level. Notably, it holds the highest traded supply after the $42,500 mark.

Crypto VIP Signal

29 февраля 2024 13:53

After a week of remarkable price movements and substantial capital inflows, the Bitcoin Realized Cap has nearly fully recovered, reaching $467.2 billion. Our current value is only -0.22% shy of the all-time high of $468.3 billion.

Crypto VIP Signal

29 февраля 2024 06:12

Bitcoin has recently experienced a surge in price, pushing it towards the $60,000 level. Currently, the price is trading above $60,000, which is a very positive sign. The Fear of Missing Out (FOMO) is also high, which has driven the price up to $64,000. If the price can maintain its position above $60,000, we can expect to see further upward movement towards the $64,000-$65,000 level.

Support Area: $59,000-$60,000

Next Support Area: $54,000-$55,000

Resistance Area: $64,000-$65,000

Crypto VIP Signal

28 февраля 2024 14:23

Bitcoin breached $60,000🚀

Crypto VIP Signal

28 февраля 2024 09:32

BONK is joining the meme season and the long position gave a peak profit of more than 60% from our entry. A test of the resistance area is expected and you can book profits there.

Local Support Area: $0.0000133-$0.0000136

Resistance Area: $0.0000165-$0.0000177

Crypto VIP Signal

28 февраля 2024 06:03

Bitcoin is currently trading above $55,000. This is a positive sign for the market and may lead to a move towards the $60,000 level. The support level is now at $55,000, while the resistance level is at $57,000.

Crypto VIP Signal

27 февраля 2024 20:10

DUSK analysis:

The price broke the resistance area and is now trading above it. You can open long positions near the support area with tight stop loss. We may experience a continuation of the upward movement in the coming days.

Support Area: $0.291-$0.300

Resistance Area: $0.332-$0.339

Crypto VIP Signal

27 февраля 2024 10:13

The price of BNB is currently on an upward trend and has broken through a resistance area. It's now trading near the $400 resistance level. A bullish signal would be a candle closing above this level. However, it's important to note that the $400 level is a psychological resistance area. Therefore, it's advisable to wait for a candle to close above $400 for confirmation.

Crypto VIP Signal

26 февраля 2024 19:28

WAN analysis:

Price broke above the resistance area and is now approaching the major resistance line. Let's observe how price behaves at this level. Better to wait for some time for new entries.

Support Area: $0.208-$0.218

Resistance Area: $0.272-$0.278

Crypto VIP Signal

26 февраля 2024 13:33

The altcoin market cap (TOTAL2) is currently testing the resistance zone. It's recommended to employ tight stop losses in all open altcoin positions and consider profit-taking. There's a possibility of a rejection from the resistance area, leading to a potential decline towards the support zone.

Support Area: $785-$810 Billion

Resistance Area: $925-$975 Billion

Crypto VIP Signal

26 февраля 2024 06:44

Bitcoin is unable to break the small downtrend resistance line. The price may test the local support area of $50,500. However, as long as Bitcoin maintains a level above $50,000, the overall trend is bullish. It is important to note that if the price falls below $50,000, it might trigger a series of stop-losses, further dropping its price. Therefore, keeping tight stop-losses in all open positions and consistently booking profits is recommended.

Crypto VIP Signal

25 февраля 2024 18:15

Get ready for the DEGO pump

Buy and hold tight! 🚀💰

Crypto VIP Signal

25 февраля 2024 18:06

DEGO/BTC lying above strong support. Stochastic is giving a buying signal. It will bounce hard from here. So now is the right time to build your position in it before breakout for massive profits😊

Targets: 5280 - 6500 - 8500 - 10200 satoshi

SL: 3900 satoshi

Crypto VIP Signal

25 февраля 2024 17:27

#OLAD/USDT

So far more than 40% quick profit after our call💰

Stay tuned for new signals📍

Crypto VIP Signal

25 февраля 2024 13:52

AMB has broken the resistance area and is now retesting it. You can open a long position here with a tight stop loss. We may see a continuation of the upward movement after the retest.

Support Now: $0.0094-$0.00985

Next Resistance Area: $0.012-$0.0126

Crypto VIP Signal

25 февраля 2024 07:04

Bitcoin is currently testing the resistance area formed by a small downtrend line. The significant resistance level remains unchanged at $52,000-$52,500. Market movement is anticipated on Monday with the opening of global markets. Tight stop loss is recommended in all open positions.