Crypto VIP Signal

05 мая 2024 13:41

Educational Post

What Are Crypto Pre-Markets?

Since the crypto markets operate 24/7, the term pre-market has a different meaning. Crypto pre-markets refer to trading platforms where investors can trade tokens before they are officially launched or distributed to the general public.

Typically, traders use crypto pre-markets to speculate on the value of tokens, buying and selling based on their projected worth post-launch. However, crypto pre-markets are not limited to tokens. In some cases, they allow the trading of "protocol points" that might serve as criteria for future airdrops.

How Do Crypto Pre-Markets Work?

Crypto pre-markets work similarly to peer-to-peer (P2P) trading platforms but are distinguished by their focus on tokens that are yet to be launched. Crypto pre-markets can offer investors an opportunity to trade tokens during the interval between the allocation announcement, token distribution, and official listing on a trading platform.

For instance, consider a new cryptocurrency project that announces the release of its token through an initial exchange offering (IEO). Before the tokens are officially distributed and listed on exchanges, the project opens a pre-market phase on a decentralized platform where early investors can trade the unreleased tokens. This trading activity provides early price discovery and liquidity, allowing traders to gauge market sentiment and set preliminary valuations for the project’s token. Centralized exchanges (CEXes) can also offer crypto pre-market trading, acting as custodians for the transactions.

Crypto VIP Signal

05 мая 2024 08:10

Bitcoin has been rejected from the trendline and is now moving sideways. We will likely see a continuation of the sideways movement for the next couple of days before the next move. The support level is currently at $59,000-$60,000, and the market is bullish as long as BTC is trading above it.

Crypto VIP Signal

04 мая 2024 18:15

In the past 24 hours, over $124 million worth of positions have been liquidated, with more than $94 million in short positions alone. This indicates a significant number of over-leveraged positions in the market. We may expect some sideways movement in the market for the next couple of days.

Crypto VIP Signal

04 мая 2024 07:26

Bitcoin has recently climbed back up to the $60,000 level and is currently trading above it. This is a positive for the crypto market, as it suggests that the upward trend is continuing. It remains to be seen how the price will react when it reaches the $65,000 level, but many traders are feeling optimistic about the future. Overall, market sentiment is trending bullish once again.

Crypto VIP Signal

03 мая 2024 15:32

Daily RSI data for Bitcoin looks good! When RSI hits around 30, it's historically a smart time to buy.

Crypto VIP Signal

03 мая 2024 12:33

DOT analysis:

The price has reached the support area, and it has bounced back from there. Currently, it is moving towards the resistance area of the trading range. If the price manages to break above the resistance area, it will be a bullish signal, and the upward movement will continue. However, if the price gets rejected from the resistance area, it will move back towards the support area.

Support Area: $5.97-$6.10

Resistance Area: $7.57-$7.90

Crypto VIP Signal

02 мая 2024 19:32

LIT analysis:

The price bounced back from the support area, indicating heavy buy pressure. It is slowly approaching the resistance area. As this is a no-trade zone, it is better to wait for some time.

Resistance Area: $1.23-$1.325

Crypto VIP Signal

02 мая 2024 18:12

KEY is a blockchain-based identity platform. The technology provides individuals, companies, exchanges, fintech startups, and banks - with a platform to manage identity data (oftentimes KYC).

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: $0.007549 - 0.0092 - 0.011 - 0.0140

Crypto VIP Signal

02 мая 2024 13:06

Altcoins are demonstrating strength as they bounce from support levels, while Bitcoin Dominance breaks the uptrend line. This signals a positive outlook for altcoins, and we may see a continuation of the downward movement in BTC Dominance toward the 51.90%-52.15% support area.

Crypto VIP Signal

02 мая 2024 08:02

Bitcoin is unable to hold the $59,000 level and breaks below it. As warned price was dumped hard after the breakdown. We may see some sideways movement here and a test of the $59,000-$60,000 area before the next move.

Crypto VIP Signal

01 мая 2024 17:10

Sharks and whales are engaged in a fierce battle to unload their Bitcoin holdings. According to Glassnode data, wallets ranging from under 1 BTC to over 10k BTC are collectively offloading BTC, marked by red sell-offs, while green indicates accumulation.

The current phase reflects that of August to October 2023 when BTC price consolidated around $26-27k before soaring to $73k.

This correction is pivotal to alleviate the FOMO built over months, fostering a healthier market for sustained growth.

Crypto VIP Signal

01 мая 2024 09:59

The altcoin market cap (TOTAL2) has once again reached the support area, signaling a potential opportunity for accumulation before the next move. Consider accumulating your favorite altcoins during this period of consolidation.

Crypto VIP Signal

30 апреля 2024 21:05

Breaking: CZ sentenced to 4 months in prison

Crypto VIP Signal

30 апреля 2024 16:14

Over $270 million worth of positions have been liquidated in the last 24 hours, with ETH having the highest number of liquidations.

Crypto VIP Signal

30 апреля 2024 11:18

BCH has now reached the support area. Price needs to hold this level otherwise see heavy sell-off in the market. You can open a small long position here with tight stop loss.

Support Area: $445-$460

Next Support Area: $340-$360

Crypto VIP Signal

05 мая 2024 11:29

It appears that GAL has rebounded from the support area as anticipated. If you have already taken a long position, it is recommended to keep holding on to it with a tight stop loss. There is a possibility that we may witness a further upward movement towards the local resistance area. Please note that the support and major resistance areas remain unchanged.

Local Resistance area: $4.10-$4.20

Crypto VIP Signal

04 мая 2024 21:19

Educational Post

Bollinger Bands (BB)

Bollinger Bands measure the volatility of the market, as well as overbought and oversold conditions. They are made up of three lines - an SMA (the middle band), and an upper and lower band. The settings may vary, but typically the upper and lower bands are two standard deviations away from the middle band. As volatility increases and decreases, the distance between the bands increases and decreases as well.

Generally, the closer the price is to the upper band, the closer to overbought conditions the charted asset may be. Conversely, the closer the price is to the lower band, the closer to oversold conditions it may be. For the most part, the price will stay within the bands, but on rare occasions, it may break above or below them. While this event may not be a trading signal in itself, it can act as an indication of extreme market conditions.

Crypto VIP Signal

04 мая 2024 14:11

ETH has rebounded from the support area several times. Currently, the price is moving towards the resistance line of the falling wedge pattern. This pattern may likely break upwards. If you have opened long positions, it is advised to increase your stop loss and hold the long position.

Crypto VIP Signal

03 мая 2024 20:14

ONT analysis:

The price has broken below the support level and is now testing it. However, the price is still in a minor downtrend. Therefore, it is advised to wait for new entries.

Support Area: $0.315-$0.327

Resistance Area: $0.375-$0.39

Crypto VIP Signal

03 мая 2024 14:28

Finally, W broke the resistance area and the price is now holding above it. You can start accumulating here for mid-term. We may see a continuation of the uptrend.

Accumulation Zone: $0.69-$0.71

Crypto VIP Signal

03 мая 2024 07:19

The current Bitcoin price is testing the $59,000-$60,000 level, as expected. If BTC manages to reclaim the $60,000 level, we can expect the upward movement to continue. However, if the price is rejected at this level, we may witness some sideways movement and a slow downward trend.

Crypto VIP Signal

02 мая 2024 18:14

Don't miss out on this explosive opportunity on KEY 🚀

Crypto VIP Signal

02 мая 2024 18:11

Buying #KEY on Binance

Retesting S/R support with cluster of trendline and horizontal support🚀✌️

Link : https://www.binance.com/en/futures/KEYUSDT

Must buy KEY here, expecting quick 10%-30% gains in short term😊

Crypto VIP Signal

02 мая 2024 10:31

The price of W has attempted to surpass the resistance area, but it was rejected. However, the price is still near the resistance area and appears to be holding strong. There is a possibility that we may see a break of this resistance area. If the price breaks and closes above the $0.69 level, you may consider opening a long position.

Crypto VIP Signal

01 мая 2024 19:36

APE analysis:

Price is currently approaching a support area and it's recommended to wait for new entries. We plan to open new long positions near the support area.

Support Area: $0.99-$1.04

Resistance Area: $1.25-$1.31

Crypto VIP Signal

01 мая 2024 14:45

ETH Analysis:

ETH is currently trading within a falling wedge pattern, with the price testing a significant support area. Expect potential sideways movement near the support area. Falling wedge patterns typically signal bullish trends and often break out in an upward direction. Keep an eye on ETH for a potential bullish breakout.

Crypto VIP Signal

01 мая 2024 07:29

Bitcoin has failed to maintain its uptrend and is currently testing the major support area of $59,000-$60,000, which was expected earlier. This is a crucial zone for BTC, and a break below $59,000 will likely bring about panic and more selling in the market. Therefore, keeping a tight stop loss in all open positions is recommended. The next good support level will be in the $50,000-$53,000 area. The news about CZ's 4-month imprisonment is the reason for this dump.

Crypto VIP Signal

30 апреля 2024 20:18

GAL analysis:

Price is currently at a support level and needs to hold for a potential bounce towards the resistance level. Consider opening a small long position with a tight stop loss.

Support Area: $3.40-$3.65

Resistance Area: $4.83-$5.11

Crypto VIP Signal

30 апреля 2024 15:09

W analysis:

Price is currently testing a resistance area, and a break above it would be bullish. There is also a small uptrend line acting as support. Traders should wait for a break above the resistance area before entering new positions.

Resistance Area: $0.66-$0.69

Crypto VIP Signal

30 апреля 2024 07:41

Bitcoin experienced a surge in its value because BTC ETF trading began on the Hong Kong exchange. However, the price is currently unable to surpass the triangle and is now cooling off. It remains to be seen whether the price will be able to move towards the $64,000-$65,000 level or not. The support and resistance levels remain the same.