MAGIC again bounced from the support area. Hoping you have opened long positions again. The long position is in more than 18% profit. Our analysis team's setup has given us two times the profit. This is the power of our analysis team. Increase your stop loss and hold the long position with tight stop loss. Pin our channel on top to never miss a signal.
Читать полностью…The TOTAL2 (altcoin marketcap) is now breaking out the resistance area. A break and close above this level is bullish for altcoins. We may see a move toward the next resistance area.
Next Resistance Area: $920-$960 Billion
UNI analysis:
Currently, the price is attempting to break and maintain a hold above the resistance area. If the price manages to stay above this resistance level, then we can expect a significant upward trend towards the $9.50-$10 resistance level. A rejection from here will send the price back to the support area. Wait for some time to open new positions.
ETC upward movement continues, and the long position has generated over 28% profit. It may be advisable to book partial profit at this point and hold onto the remainder with a tight stop loss. The major resistance lies at the $25 level, and the price will need to break through this level to sustain the rally.
Читать полностью…DUSK Analysis :
DUSK rejected strongly from the Major Resistance $0.211 - $0.216 and hovering over the Strong Support Area of $0.182 - $0.185. Price formed the trading range and a clean tradable range, to take the trading setups buys towards the resistance zone of $0.211.
Bitcoin is currently attempting to regain the trendline level, but it's facing some difficulties. We need to wait and observe whether the price can maintain itself above the trendline with good volume. As expected, there hasn't been much movement in the market. However, we might witness some volatility from Tuesday or Wednesday onwards.
Читать полностью…MAGIC has followed its anticipated movement and was unable to penetrate the resistance area. The long position achieved a profit peak of approximately 25%. Currently, the price has returned to the support area, which means that you can once again open long positions. However, it is recommended to set a tight stop loss.
Support Area: $1.00-$1.06
Resistance Area: $1.24-$1.30
Bitcoin has broken the symmetric triangle and is now attempting to reclaim these levels. If the price fails to go above the trendline, we may see a move towards the $40,000 level. It is advisable to keep a tight stop loss in all open positions.
Читать полностью…Bitcoin drops during the bull runs. Bitcoin is behaving more stable and mature in the current rally. This is because of the increased information and knowledge about the crypto market.
Читать полностью…3 hours left until the mega pump on MEXC! Things are looking great for us and we will definetly be expecting a very nice signal!
Here is a list of things you need to know before the Mega signal:
- 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 signal will be free for all and on MEXC, the signal will be given on all our telegram groups at the same time
BNB analysis:
BNB breaks the resistance area and retests it. Price pumped hard after the retest and now reached near the next major resistance area. Let's see how the price reacts to the resistance area. You can book some profit at the resistance area.
Support Area: $250-$270
Major Resistance Area: $330-$345
Bitcoin again bounced to the resistance area. Price is respecting the support and resistance level and moving back and forth. We expecting the same sideways movement between support and resistance for this week.
Читать полностью…The TOTAL2 (altcoin marketcap) is rejected from the $800 Billion resistance area. We may see a test of the $700 Billion support level before next move. This means we can see a 10-15% drops in altcoins. Better to use stop loss in all open positions.
Читать полностью…Bitcoin has once again been rejected from the resistance area. Currently, the price is moving sideways and the volume is also dropping. Due to the Holiday season, we may experience low market volatility until the New Year since everyone is busy with their friends and family. It's a good idea to take a small break from the market and spend some quality time with your loved ones.
Читать полностью…ETC bounced from the support area as expected. The long position printed more than 17% profit from our entry point. You can increase your stop loss to the breakeven point and hold the long positions.
Читать полностью…TWT analysis:
Price is currently trading at a resistance area. A break above this level would push the price towards the next resistance area. If the price is rejected here, we anticipate a move towards the support area.
Support Area: $0.95-$1.00
Resistance Area: $1.46-$1.48
Bitcoin has broken through the resistance area as traders anticipate the approval of a spot ETF. The Securities and Exchange Commission (SEC) is expected to make a decision on the spot ETF by tomorrow evening. If the ETF is postponed again, we may see a quick sell-off in the market, so it is advisable to use tight stop losses in all trades.
Читать полностью…ICP has risen sharply towards the $15 resistance level as we anticipated after the recent retest. Our long positions have reached a peak profit of 68% since our entry. It is recommended to book some profit at this point and keep the rest with a trailing stop loss. We may see another test of the $15 resistance level. It's advisable not to open any new long positions at this moment.
Читать полностью…Bitcoin is currently struggling to maintain its trendline with little strength. As we begin the new year, it will be interesting to observe how the crypto market behaves. We may see an increase in trading volume starting tomorrow as traders return from their holiday break. If you have open long positions, it is strongly recommended to use a tight stop loss.
Читать полностью…Educational Post
What is Day trading?
Day trading might be the most well-known active trading strategy. It’s a common misconception to think that all active traders are by definition day traders, but that isn’t true.
Day trading involves entering and exiting positions on the same day. As such, day traders aim to capitalize on intraday price movements, i.e., price moves that happen within one trading day.
The term “day trading” stems from the traditional markets, where trading is open only during specific hours of the day. So, in those markets, day traders never stay in positions overnight, when trading is halted.
Most digital currency trading platforms are open 24 hours a day, 365 days a year. So, day trading is used in a slightly different context when it comes to the crypto markets. It typically refers to a short-term trading style, where traders enter and exit positions in a timespan of 24 hours or less.
Day traders will typically use price action and technical analysis to formulate trade ideas. Besides, they may employ many other techniques to find inefficiencies in the market.
Day trading cryptocurrency can be highly profitable for some, but it’s often quite stressful, demanding, and may involve high risk. As such, day trading is recommended for more advanced traders.
MASK analysis:
Price is currently trading within a range bounded by a support and a resistance level. Consider opening a small long position if the price approaches the support level with a tight stop loss. A breakout above the resistance area will likely lead to a significant upward movement.
Support Area: $3.23-$3.37
Resistance Area: $4.00-$4.15
BNB has been rejected from the resistance area. As a result, we recommend booking some profits. If the price approaches the support area, you can consider opening new long positions. The support and resistance levels remain unchanged.
Читать полностью…LDO analysis:
Price tested the resistance and rejected from there. We may see a test of the support area and see how the price reacts there. Don't open long positions now and wait for some time for better opportunities.
Support Area: $2.18-$2.30
Resistance Area: $2.80-$3.10
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📣 12 hours remaining until our biggest signal on MEXC! This is a community demanded signal and it 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 signal. 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 signal, never sell on the buy supports! Instead sell slowly in parts as the price goes up. We are aiming at 100x-200x gains today possibly even more, make sure you have “USDT” in your “MEXC wallet” before pumping.
Читать полностью…ETH bounced after the breakout as expected. Price is moving towards the resistance area. Altcoins are showing good upward movement as expected. We may see a continuation of the upward movement if the price breaks above the $2500 level.
Читать полностью…Hey fellas!! Great news for y'all 🥳
We have received a lot of request from our community for a massive GEM coin signal on MEXC and our team have been working on this. We will share a 100x-200x GEM MEGA PUMP SIGNAL for you guys in next few days🚀
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Date & time of MEXC MEGA PUMP SIGNAL : 2pm UTC, December 29
Stay tuned. Happy trading 😊
Educational Post:
What is a Block Explorer?
In short, a block explorer is a tool that provides detailed analytics about a blockchain network since its first day at the genesis block. We can say a block explorer acts as a search engine and browser where users can find information about individual blocks, public addresses, and transactions associated with a specific cryptocurrency.
Some block explorers also provide real-time statistics and market charts, as well as data about mining pools, pending transactions, network hash rate, rich list, block validators, orphan blocks, hard fork, and much more.
In regards to pending transactions, block explorers can be useful for users that are waiting for block confirmations. For instance, many exchanges provide their users with the transaction ID of their deposit or withdrawal request so they can track the movement of their funds in real-time.
Depending on the type of blockchain, block explorers can also serve as a general information hub. For instance, there are thousands of ERC-20 tokens running on top of the Ethereum blockchain, and users can find data about them by checking their smart contracts on Etherscan or other Ethereum block explorer.
MAGIC analysis:
Price broke the resistance area and is now retesting it. You can open a small long position here with tight stop loss. We may see a continuation of the upward movement.
Support Area: $1.00-$1.06
Resistance Area: $1.24-$1.30
FRONT analysis:
Price is taking support at the small uptrend line. A break of the triangle will decide the next move. Better to wait for a break of the triangle for new entries.
Support Area: $0.270-$0.288
Resistance Area: $0.420-$0.435