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#ARPA Unstoppable Beast💸
Price reached $0.07240🚀
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#ARPA Unstoppable Today💸💸
Quick 200% profits with 10X Leverage and still counting🚀
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Alt season🔥 = ARPA Season🚀
https://x.com/arpaofficial/status/1848040961622086073?s=46
Buying #ARPA here✌️🚀
RSI looks oversold on higher timeframe
Lying on historical weekly support
Looks ready for a takeoff anytime
Targets: $0.05-0.055-0.065-0.08
Stay tuned for a TA/FA based SPOT & FUTURES call at 4PM GMT today!
Exchange: Binance & MEXC
The cumulative monthly premium paid by long-side contracts over the last 30 days shows a dramatic shift in leverage demand. At the March all-time high, this cost reached ~$120M per month, but plummeted to $1.7M by mid-September. Recently, it's modestly increased to $10.8M monthly. While this indicates a slight uptick in long-leverage demand over the past two weeks, it remains far below January 2023 levels.
This significant drop reflects a market that has cooled considerably during the current correction, suggesting reduced speculative interest among traders.
CHZ played out perfectly from levels to levels and made around 29% in profits. Price dropped from the resistance area after tapping into it and more drop can continue. A good buy area would be again at support zone.
Support zone : $0.063 - $0.065
Resistance Area : $0.083 - $0.086
PIXEL Analysis :
PIXEL entered the 3 moth long consolidation range and strongly getting rejected from the structural resistance area. Right now, its better to trade the range or have to look for the breakout with a strong closing above resistance.
Resistance Area : $0.17
IOTA moved as expected and followed the setup perfectly. We might see a move toward the $0.15 resistance area; let’s see if the price can break above it. You can hold your positions with a trailing stop loss in place.
Читать полностью…The upward movement in Bitcoin continues, and the price is currently trading above the uptrend line. BTC is facing resistance in the $69,000 to $70,000 range, and a break above $70,000 could trigger significant FOMO in the market. The support lies in the $65,000 to $66,000 area.
Читать полностью…Educational Post
What are Market Makers and Market Takers?
Market Makers
Exchanges often calculate the market value of an asset with an order book. This is where it collects all the offers to buy and to sell from its users. You might submit an instruction that looks like the following: Buy 800 BTC at $4,000, for example. This is added to the order book, and it will be filled when the price reaches $4,000.
Maker (Post Only) Order like the one described requires that you announce your intentions ahead of time by adding them to the order book. You’re a maker because you’ve “made” the market, in a sense. The exchange is like a grocery store that charges a fee to individuals to put goods on the shelves, and you’re the person adding your own inventory.
It’s common for big traders and institutions (like those specializing in high-frequency trading) to take on the role of market makers. Alternatively, small traders can become makers, simply by placing certain order types that aren’t executed immediately.
Please note that using a limit order does not guarantee that your order will be a maker order. If you want to make sure the order goes into the order book before it is filled, please select “Post only” when placing your order (currently only available on the web version and desk version).
Market Takers
If we keep the store analogy going, then surely you’re putting your inventory on the shelves for someone to come and purchase it. That someone is the taker. Instead of taking tins of beans from the store, though, they’re eating into the liquidity you provide.
Think about it: by placing an offer on the order book, you increase the liquidity of the exchange because you make it easier for users to buy or sell. On the other hand, a taker removes part of that liquidity. with a market order – an instruction to buy or sell at the current market price. When they do this, existing orders on the order book are filled immediately.
If you’ve ever placed a market order on Binance or another cryptocurrency exchange to trade, say then you’ve acted as a taker. But note that you can also be a taker using limit orders. The thing is: you are a taker whenever you fill someone else's order.
BTC in H4 TF again trying tot push high towards the mark its almost a weekend now and by NY open we can expect some strong moves. All eyes on weekly candle close then we can decide the next week directional bias.
Читать полностью…AERGO didn't gave a break of the consolidation but forming a steep triangle pattern., which could give a early indication for buys or sells. Eyes on H4 candle close of the pattern.
Читать полностью…Bitcoin has now reached a major resistance area, so let's see how the price reacts. Bitcoin is moving as expected, and the week starts with a strong upward candle.
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Читать полностью…STORJ Analysis :
STORJ dropped hard from a resistance point and on the verge to retest the support zone. Price can go for a next move up towards the previous high, so long can be taken as per the market condition.
ARPA is charting a new course in decentralized finance (DeFi), laying the groundwork for a platform where Permissionless Listings (PL) and Artificial Intelligence (AI) meet traditional trading, lending, borrowing, and staking.
Technically lying above strong support. RSI is in the oversold region. MACD is showing bullish momentum. It will pump hard from here.
Targets: $0.04825 - 0.06365 - 0.08830 - 0.12630
#ARPA/USDT is surging from the demand zone and looks ready for a monster ride anytime from here✍🏻
Buy on MEXC: https://www.mexc.com/exchange/ARPA_USDT
Buy on Binance: https://www.binance.com/en/trade/ARPA_USDT
Short term targets: 10%-30%-50%
Educational Post
What Is Danksharding?
Derived from the name of Ethereum researcher Dankrad Feist, danksharding introduces a transformative approach to sharding technology. Sharding involves breaking down a blockchain database into smaller, more manageable parts for increased efficiency. Unlike conventional sharding methods, danksharding simplifies the architecture, focusing on a merged market fee concept.
In traditional sharding, each shard has distinct blocks and block proposers. Danksharding streamlines this by having a single block proposer, enhancing transaction processing and data storage efficiency. This innovation addresses the blockchain trilemma by prioritizing security, decentralization, and scalability.
Key Features of Danksharding
1. Merged market fee: Danksharding introduces a unified market fee, streamlining the transaction process by minimizing complexities associated with having multiple block proposers.
2. Optimized data availability: The primary focus of danksharding is to enhance data availability for rollups, a Layer 2 scaling solution on Ethereum. By efficiently managing data, Danksharding significantly improves the network's performance.
3. Simplified sharding architecture: Danksharding simplifies the sharding structure, making it more straightforward and efficient. This approach addresses the challenges posed by the traditional trilemma, fostering a better balance between security, decentralization, and scalability.
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BTC made a clean breakout and now holding above the structural support zone, which is good. Looking at the H4 Trend market is fueling up for next leg up towards the $71,000 level. We can expect this move by Monday Market Open.
Читать полностью…The active supply measure has effectively halved since the March all-time high (ATH). This indicates lower trade volumes on-chain and a decrease in Futures market activity, highlighting a significant reduction in investor speculation and attention.
Читать полностью…BOME is currently holding at the support area and bouncing back from it. We could see a significant rally in BOME, especially with DOGE experiencing an upward movement, which is likely to boost other meme coins as well. You can consider opening a long position at the support zone, and we may see a movement toward the resistance level of $0.014.
Читать полностью…SCR Analysis :
SCR recently got listed in binance and currently reacting from the support zone of $1.20 -$1.22 and also getting into the channel again. Price looking bit unclear and buy looks good after the $1.32 get H4 closure.
We can use the perpetual futures market to add another dimension to our investigation of the confidence of new capital in the uptrend. First, we employ the Futures Perpetual Funding Rate (7D-MA) to show the appetite of speculators for paying a higher interest rate to take on leverage for long positions.
Considering the funding rate value of 0.01% is an equilibrium value on many exchanges, we look for deviations above this level as a threshold of bullish sentiment. The recent price bounce has been paired with a relative warming up of long-biased leverage in perpetual markets. This has pushed the weekly average funding rate to 0.05%.
Whilst this is above the equilibrium level, it does not yet indicate a strong or excessive degree of long-biased demand in perpetual markets just yet.
ROSE Analysis :
ROSE broke the trendline and dropping back to the support/ flip level and anticipating a reaction from the zone. Looking into the Daily TF, market can move higher from that, can you can long at the point with tighter stops and low risk.
BTC moving good and gave a strong Daily closure with a retest. The Chances are higher to move to wards the $70,000 mark.
Local Support : $6,6,000 - $66,200.