COTI analysis:
COTI's price has broken above the $0.0404-$0.0415 resistance zone, indicating positive signs for further growth. The next milestone to achieve is the $0.0452-$0.0457 resistance area. It's worth noting that there may be a test of the $0.0404-$0.0415 support area before the price moves higher. If you have open long positions, we recommend using a tight stop loss to ensure your investment is secure.
📣 12 hours remaining until our pump on MEXC! Our pump 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 pump. 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 pump, never sell on the buy supports! Instead sell slowly in parts as the price goes up. We are aiming at 5000%-7000% gains today possibly even more, make sure you have “USDT” in your “MEXC wallet” before pumping.
Читать полностью…Exactly 24 hours left for the biggest MEXC Mega Pump we’ve ever seen, expect profits of no less than 5,000% and a volume never seen before, our big whales will be pushing price up for hours after our initial signal, getting the biggest volume from outside traders, and making sure all our members make huge profits again!
Make sure you have “USDT”in your “MEXC wallet”before pumping. Be ready at 4pm GMT tomorrow.
Following the recent breakdown, ICP is currently retesting the same area. As a precaution, it's recommended to close your long position at breakeven or at a minor loss. There's a possibility that we might witness a continuation of the downtrend after the retest. In case you're still holding the long position, it's advisable to increase your stop loss to the $3.25 level.
Читать полностью…LIT analysis:
Price is now testing the resistance of the $0.64-$0.65 area. If the price can break above this level, we see a move toward the $0.746-$0.78 major resistance area. A rejection from here will send the price toward the $0.58 support level.
Educational Post
What Is Hedging?
Hedging is a risk management strategy employed by individuals and institutions to offset potential losses that may incur on an investment.
An Example of Hedging Your Bitcoin Position
Let’s say you own $10,000 worth of BTC and you want to hedge against a possible decrease in its price. You can consider doing the following to hedge your position.
Suppose bitcoin is currently trading at $50,000. You could buy a put option that gives you the right to sell Bitcoin at $50,000 at a future date. Let's say you pay a premium of $500 for this option (actual prices would depend on market conditions).
If bitcoin's price falls to $40,000, you can exercise your option and sell your bitcoin for $50,000, significantly reducing your losses. The cost of this hedge would be the premium you paid for the option. In this example, you would need 0.2 BTC to cover your portfolio. The cost would be 0.01 BTC ($500/$50,000).
Alternatively, you might sell a futures contract for bitcoin. Let's say you sell a futures contract for 0.2 BTC, agreeing to sell Bitcoin at $50,000 in one month. If bitcoin's price falls to $40,000, you could buy 0.2 BTC at the lower price to fulfill your contract, thus effectively selling your bitcoin at $50,000 and offsetting the losses in your portfolio. However, if bitcoin's price increases, you would still be obligated to sell at $50,000, potentially missing out on any price gains.
The concept is similar to taking out an insurance policy. If you own a home in a flood-prone area, you would want to protect that asset from the risk of flooding by taking out flood insurance. In financial and crypto markets, hedging works in a similar way. It involves making an investment designed to reduce the risk of adverse price movements in an asset.
Binance Completes Integration of Ethereum (ETH) on zkSync Era Network, Opens Deposits and Withdrawals
https://www.binance.com/en/support/announcement/ee1c87b20f2248618446bf21d72556ed
ALICE analysis:
Price is trading in the range of $0.70-$0.85 area. The resistance is the $0.83-$0.85 area and a break above this will send the price toward the $0.99-$1.00 area. The support is $0.70-$0.72 area and you can place your buy orders in this zone.
Breaking: Court Filing Hints At Contents Of US SEC’s Secret Filing In Binance Lawsuit
https://coingape.com/court-filing-sec-secret-binance-filing-binance-lawsuit/?utm_source=Crypto+VIP&utm_medium=telegram
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YGG analysis:
Currently, the price of YGG is fluctuating between the support and resistance levels. If you are looking to enter the market, the ideal zone for new entries is between the support levels of $0.196-$0.208. On the other hand, in order to start a new rally, the price needs to break above the major resistance level of $0.265-$0.275. It is important to plan your trades and make decisions based on the support and resistance levels.
ARB broke the major support level and retested it. Price also retested the level and was unable to break above it. Stop loss hit in the long positions and we may see a continuation of the downtrend.
Читать полностью…CLV BTC pair also achieved first target. Price made a high of 142, that is more than 17% profit from our entry. Our team is working hard to find good trading setups no matter what is the condition of market. Pin our channel on top to never miss a signal and share it with your friends and family.👍
Читать полностью…REEF analysis:
The price was rejected from the $0.0014-$0.00144 resistance area. There is an ascending triangle formed and the trendline works as a support level. Wait for a clear break above the resistance line for new long entries.
If you have opened a long position in BOND near the support area, you can book some profit here. Our position is currently running in more than 10% profit. The price is now at the downtrend line resistance and if the price is above this then we see a move toward the $2.50-$2.60 area.
Читать полностью…The pump doesn't last long and BTC is back to where it started. Nothing has changed in the market and the price continues to trade in a range. Sideways movement is expected for the next week.
Читать полностью…BLZ analysis:
Price rejected from the $0.18 resistance area and now testing the support of the $0.116-$0.128 area. We may see a bounce from the support area toward the $018 resistance level. Use tight stop loss below the $0.115 level if you are opening long positions.
The Bitcoin hashrate has achieved a new all-time high, resembling the pre-halving surge of 2020, as per data from #Glassnode.
Читать полностью…Bitcoin showed some positive movement and the price is now trading above the $26,000 level. The resistance of the trading range is the $26,800 level and a break above this level will push the price toward the $28,000 major resistance level.
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 5000%-7000!! Big reminder that we are doing the pump on MEXC.
REEF has broken above the resistance area and is currently trading above it. You can open a long position with a tight stop loss when the price retests the $0.0014-$0.00144 area. The next resistance level is at $0.00159-$0.00163.
Читать полностью…Bitcoin has remained stable this week and the entire crypto market is waiting for a volatile move in BTC. It is recommended to use a stop loss for all trades.
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 now have a new and bigger team of whales on our side, which is by far the strongest in the market, we’re ready to see our biggest volume in history, we don’t expect this pump to make all our members less than 5000% in profits. That’s exactly why we decided to pump on MEXC, and why this pump will be the biggest we’ve ever seen. As we get closer to the pump, more details will follow , stay tuned! Read pinned post 😊
Читать полностью…TRX analysis:
We can see an uptrend channel on the daily chart. Currently, the price is testing the resistance level within the range of $0.0775 to $0.0786. In case of a break above this resistance level, the price is expected to move towards the $0.085 resistance level. However, if the price is unable to go above this resistance area, then we anticipate a move towards the support range of $0.0708 to $0.072.
The Bitcoin market continues to move sideways, lacking any indication of bullish momentum. Volume is declining, and a breakthrough may occur in the next few days.
Читать полностью…AGIX attempted to break above the resistance area multiple times without success. To open new long positions, wait for a break above this resistance area. Currently, the price is trading between the support and resistance areas.
Читать полностью…Nothing much changed on the daily timeframe. Bitcoin is trading above the daily support level. There is not much volume and we may see more sideways movement for this week.
Читать полностью…CLV achieved first target and made a high of $0.3699. That is more than 16% profit from our entry. Hoping you booked some profit. 👍
Читать полностью…Hello everyone, the next Mega Pump Signal will be scheduled for :
Date : 9-September-2023 Saturday
Time : 4 PM GMT
Pairing : USDT
Exchange : MEXC
Advantage : Free For All
With the massive success of our previous signals, reaching peaks of up to 7000% and a huge alt season coming, we’re ready to announce our next mega pump on MEXC. We now have a new and bigger team of whales on our side, which is by far the strongest in the market, we’re ready to see our biggest volume in history and we expect this pump to beat our previous pumps #TTT (1500%) and #FRTN (6500%) in profits. 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 5000%-7000% 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.
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. We have exactly 5 days to prepare for this massive pump, which will take place on SATURDAY september 9, at 16:00 GMT. We expect more than a million people worldwide to participate in this pump, and buying along our whales and sharing across social media, which will make this pump much stronger than any of our previous ones. Be ready for further announcements and don’t forget to turn on push notifications for our channel!!
The total stablecoin (USDT, USDC, BUSD, DAI, TUSD,USDP) marketcap showing sign of reversal. After the downtrend since FTX collapse, stablecoin marketcap gained more than $663 Million since 22 August. It suggests that the demand is coming back in market.
Читать полностью…