IOTA analysis:
Price is now testing the major resistance of the $0.195-$0.203 area. There is also the downtrend line of the triangle. If the price is rejected from here then we see a move toward the local support of $0.177-$0.178 area. Wait for a clear breakout above the resistance area for new long entries.
Following the Blackrock #Bitcoin ETF request announcement on June 15th, the share of Bitcoin supply held/traded by US entities has experienced a notable uptick, marking a potential inflection point in supply dominance if the trend is sustained.
Читать полностью…BTC hodling above the range/ support after the strong rejection and might the range continue. On HTF, the price is on a strong resistance area, which making price consolidate. Use tight stops in any position, as its on support and might breakout.
Читать полностью…Educational Post
What is a Nonce?
A nonce refers to a number or value that can only be used once. Nonces are often used on authentication protocols and cryptographic hash functions. In the context of blockchain technology, a nonce refers to a pseudo-random number that is utilized as a counter during the process of mining.
For instance, Bitcoin miners need to try and guess a valid nonce as they perform multiple attempts to calculate a block hash that meets certain requirements (i.e., that starts with a certain number of zeros). When competing to mine a new block, the first miner to find a nonce that results in a valid block hash is granted the right to add the next block into the blockchain - and is rewarded for doing so.
In other words, the process of mining consists of miners performing a myriad of hash functions with many different nonce values until a valid output is produced. If the hashing output of a miner falls below the predetermined threshold, the block is considered valid and is added to the blockchain. If the output is not valid, the miner keeps trying with different nonce values. When a new block is successfully mined and validated, the process starts over.
The countdown til the next Bitcoin Halving event marches ever closer, now an estimated 282 days away.
The upcoming Halving will reduce the Block Subsidy (issuance per block) from 6.25 BTC to 3.125 BTC.
Our signal had 300k USDT in volume with but due to wrapped token selection we faced double selling pressure which coused rapid decline in price during 2nd and 3rd minute and we were not able to hit our target today but still a lot traders participated on our call on #WSIENNA as it climbed the 'Top Gainers' list, resulting in some good profits for members and we're glad everyone participated.
Читать полностью…The coin we have picked for today's Mega Bull Call is: WSIENNA
https://trade.kucoin.com/WSIENNA-USDT
Buy and hold for massive profits
1 hour remaining for our biggest Pump!!
We expect the biggest volume yet, as all our whales will be constantly buying and pushing towards new highs. We’re ready for a 500% - 1000% move (at least), guaranteeing the maximum profits for all our members. Make sure to hold after market buying, as the second and third waves are always the strongest (which could reach up to 1500%, 2000% or higher). Expect a powerful and long lasting pump today, be prepared!
This coin will ONLY be available on Kucoin and USDT Pair.
Educational Post
What do you mean by “REKT”?
The term rekt derives from the word "wrecked." In general, rekt is a slang used to define something that got completely destroyed or a person that experienced a catastrophic failure. However, the term may carry different meanings depending on the context.
In the world of blockchain and cryptocurrencies, rekt is used to describe a severe financial loss, caused by a bad trade or investment. To illustrate, let’s suppose Alice is trading on margin and opens a big leveraged long position. If the market goes down and she gets liquidated, we may say "Alice got rekt." So, rekt is often used to describe someone that got liquidated after losing a high-leveraged trade.
The slang may also describe an asset that lost too much of its value or a market that dropped significantly (e.g., "this coin is rekt," or "the market is rekt").
Taking another example, imagine that Bob made a heavy investment on a cryptocurrency token through an ICO. But when the token finally hit the market, they were trading at a much lower price than Bob paid during the ICO crowd sale. In such a scenario, we may say that the token got rekt, which resulted in Bob and all bagholders getting rekt as well.
Within the online gaming community, the term rekt is usually describing a player (or team) that was defeated in an embarrassing or silly way. Or someone that is losing very badly in a competition. But, the oldest use of the slang is perhaps the one originally found in British English, where rekt was used when referring to a person that got too drunk or messed up.
AGIX is been tried to push higher and gave a breakout which turned it into the fakeout. Price reverse back into entry area, took you out at breakeven. A potential drop to the support zone at $0.226 - $0.233. Its a range now so wait for a breakout.
Читать полностью…FIDA analysis:
Price is rejected from the resistance area and unable to close a candle above the $0.27 level. The local support is $0.239-$242 area and we may see a test of this level.
The TOTAL marketcap broke the resistance area and the price retested it. We may see a move toward the $1.30 Trillion resistance area soon. We may see a continuation of the upward movement in altcoins for the next 2-3 days.
Читать полностью…Bitcoin is unable to close a candle above the resistance area. Price is again rejected from the resistance line and back in the trading range. BTC is able to hold the $30,000 support level and this is the only good news. Keep tight stop loss in all open long positions.
Читать полностью…DEGO analysis:
Price is trading in the uptrend channel and now testing the resistance area. If the price is able to break the $1.65 resistance area then we see a move toward the upper resistance line of the uptrend.
5 minutes left! Remember to have your trading pin ready if you have to input one. The next message will be the coin to buy
Читать полностью…30 minutes left until the Mega Bull Call on Kucoin!
Official Target : 500%-1000% gains
3 hours left until the Kucoin Mega Bull Call.
This is a basic step-by-step-strategy for new members:
1. Ten minutes before 16:00 PM GMT have Kucoin.com, Telegram open.
2. At exactly 16:00 PM GMT, there will a message including the name of our coin in our Telegram channel.
3. After we announce the coin, buy it with USDT on the spot market.
IMPORTANT: This coin will ONLY be available on KUCOIN and on USDT pair, get ready for huge profits!
Educational Post:
What are Leveraged Tokens?
Leveraged tokens are a type of cryptocurrency derivative that allows traders to gain leveraged exposure to particular cryptocurrencies without having to manage margin requirements. They are designed to provide traders with a simplified way to trade leveraged positions in cryptocurrencies, allowing them to take leveraged long or short positions without having to constantly manage their margins.
Leveraged tokens typically work by using an algorithm to automatically adjust the leverage of a token based on the price movement of the underlying cryptocurrency. This means that if the price of the underlying cryptocurrency increases, so does the leverage of the token — and vice versa.
For example, a 3x long leveraged token for bitcoin would aim to provide three times the daily percentage change of bitcoin’s price movement. So if BTC increases by 1%, the leveraged token should increase by 3%. Conversely, if BTC decreases by 1%, the leveraged token should decrease by 3%.
It's important to note that leveraged tokens can be highly volatile and are not suitable for all investors. They can experience significant losses if the price of the underlying cryptocurrencies move in an unexpected direction, and their leveraged nature can magnify losses as well as gains. As with all investments, it's important to do your own research and fully understand the risks before investing in leveraged tokens.