DOT has been on an upward trend and has now reached the previous resistance level. We may see a retest of this resistance area. If the price manages to break above this resistance level, then we may see a good rally. The key level to watch out for is $10, which is a psychological resistance area.
Читать полностью…DODO analysis:
The price is approaching a major resistance level and this is a good opportunity to book profits. Opening new long positions in this zone is not recommended due to the fear of missing out (FOMO). Instead, it is better to wait for a test of the resistance area and observe how the price reacts there. If the price drops towards the support area, that could be a good opportunity to open long positions.
Support Area: $0.185-$0.203
Resistance Area: $0.280-$0.304
WAN is a distributed ledger that allows for cross-chain transactions and the interoperability of multiple chains.
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: $0.2939 - 0.40 - 0.50 - 0.60
Bitcoin liquidation heatmap showing key levels. There's a significant liquidity cluster shining brightly around $60,430 and $63,680. Keep an eye on these levels.
Читать полностью…Bitcoin continues to trade within the triangle pattern, approaching a crucial decision point. The support and resistance levels remain unchanged. Expect sideways movement over the weekend, with potential action unfolding on Monday as the triangle prepares to break.
Читать полностью…Here's a list of significant token unlocks happening in March:
- $DYDX: $114M on March 1
- $ZETA: $14M on March 1
- $SUI: $106M on March 3
- $AI: $17M on March 4
- $DYM: $23M on March 6
- $ENS: $32M on March 8
- $GMT: $29M on March 9
- $APT: $246M on March 12
- $ARB: $2.11 Billion on March 16
- $UNI: $91M on March 16
- $LMWR: $12M on March 16
- $ACE: $37M on March 18
- $MANTA: $40M on March 18
- $IMX: $114M on March 22
- $ALT: $52M on March 25
- $AXL: $38M on March 27
These unlocks could potentially impact their respective token's prices, so it's essential to keep an eye on them.
The TOTAL crypto market cap has successfully breached the major resistance area and is currently trading above it, indicating a positive market sentiment. This development suggests a potential move towards the next resistance area. However, there is a high probability of a retest of the support area before the next significant move.
Support Area: $2 Trillion
Next Resistance Area: $2.45-$2.50 Trillion
Major ATH Resistance Area: $2.90-$3.00 Trillion
Wallet Maintenance for Ethereum Network (ETH) - 2024-03-06
https://www.binance.com/en/support/announcement/6b2a85214252429db1d83400029587b6
DEGO made a high of $2.83, the first target achieved. So far more than 18% profit from our entry. You can increase your stop loss and hold the long position.
Читать полностью…FLOKI (FLOKI) AMA Summary:
https://youtu.be/xERzjfSUX08
Mr. Pedro Vidal, Community Relations Officer of FLOKI/TokenFi has done an AMA session with Crypto VIP Signal on the 18th of February 2024. Our engaging discussion covered topics such as Token Sustainability, Governance Model, Staking, Earning Model, and strategy, including insights into China's Gaming Market. We delved into the team's motivation behind building TokenFi and their focus on RWA, along with the ecosystem's use cases and long-term plans for mass adoption.
Here are some of the Key Highlights of the AMA:
00:00:14 - Introduces Mr. Pedro Vidal
00:00:38 - Floki’s sustainability and governance model.
00:03:38 - Staking program & Valhalla NFT game
00:05:10 - Earning tokens via Staking and Valhalla
00:08:58 - Strategy regarding China's gaming market.
00:11:13 - Purpose of Floki Locker project.
00:15:38 - Building Token File and its focus on RWA.
00:20:15 - Use Case of Token in Token File.
00:23:44 - Floki’s potential for mass adoption.
00:28:15 - Floki’s long-term plans.
00:32:19 - Motivation behind the Product
00:36:28 - Thanks Mr. Pedro Vidal for the insightful conversation.
00:37:47 - Wishes luck to the Floki team and signs off.
Resistance consists of a level in which the price of an asset fails to break through due to strong selling pressure. In some cases, the occurrence of resistance levels may also be related to big sell walls, that prevent the price from rising further.
So a resistance level is expected to act as a “ceiling,” caused by a large supply of sellers in that price area. As such, traders can interpret resistance as a level that can only be surpassed with significant buying pressure.
Typically, technical analysists draw resistance lines based on previous highs. Such a technique may be useful when trying to predict potential points of price reversal. In general, resistance levels are depicted as straight horizontal lines, but they may also be drawn as diagonals.
DOT rebounded from the local support area and broke through the major resistance level. The price is surging after a retest. If you have opened long positions, consider increasing your stop loss and holding the positions. If the price can break the next resistance area, we see a continuation of the upward rally towards the $10 level.
Resistance Area: $8.70-$8.85
BAL Analysis:
The price of BAL is currently attempting to surpass the resistance area. Confirmation of a breakout will be signalled by a candle closing above this resistance level. Conversely, a rejection from this area may lead to a downward movement towards the support zone.
Support Area: $3.50-$3.70
Resistance Area: $4.55-$5.00
Bitcoin Dominance has experienced a significant increase due to a sudden surge in the price of BTC. However, we might witness a decline in dominance as soon as the price of BTC becomes stable. Some altcoins are displaying a promising upward trend, and we may enter an altseason shortly. It's always wise to be well-prepared and utilize proper risk management techniques.
Читать полностью…It seems that the symmetric triangle is breaking in the downward direction on lower timeframes. The price is attempting to break the small downtrend line but is currently trading below it. There is a possibility that we might witness a test of the lower support area before the next move. It is recommended to keep a tight stop loss in all open positions.
- Support Area: $59,000-$60,000
- Next Support Area: $54,000-$55,000
- Resistance Area: $64,000-$65,000
Buying #WAN on Binance
Link : https://www.binance.com/en/trade/WAN_USDT
Expecting quick 10%-30% gains in short term😊
ETH analysis:
Price has reached a major resistance area. A break above this area could send the price towards the $4,000 level. However, if there is a rejection from this area, the price could fall towards the $3,000 support area.
UNFI analysis:
The price is currently attempting to break through a resistance area. If the candle closes above this area, it will be considered bullish and we can expect the price to move towards the next resistance area. However, if the price is rejected at this level, it will likely drop towards the support area. It is recommended to wait for a clear breakout or rejection before opening any new positions.
Support Area: $5.40-$5.85
Resistance Area: $7.20-$7.65
Next Resistance Area: $9.50-$9.75
BONK has shown a significant increase in value, just like most other meme coins. Our long position has resulted in a peak profit of 157% from the time we entered the market. You have the option to book profit from the long position or hold with a trailing stop loss. The resistance level has now become a support area.
Support Now: $0.0000165-$0.0000177
Bitcoin is maintaining its position above the $60,000 level and appears to be forming a symmetric triangle on lower time frames. It's likely that BTC will continue trading within this pattern throughout the weekend, with the breakout determining its next direction.
- Support Area: $59,000-$60,000
- Next Support Area: $54,000-$55,000
- Resistance Area: $64,000-$65,000
FIDA continues the upward movement and made a high of $0.404 today. So far more than 24% profit from our entry. Hold the position with trailing stop loss for maximum profit.
Читать полностью…UNI analysis:
UNI's price is surging due to the release of two new features: wallet extension and Limit Orders. On lower time frames, the price honouring the support area and creates a small trading range. If you currently hold long positions, it is advisable to increase your stop loss and hold. It's not recommended to open new long positions in a state of FOMO. It's better to wait for the price to stabilize.
Hit a Like For perfect & accurate prediction of #BTC
https://youtu.be/_pG7uq46AyI?si=br3z2OZcUgnFuLxe
After a week of remarkable price movements and substantial capital inflows, the Bitcoin Realized Cap has nearly fully recovered, reaching $467.2 billion. Our current value is only -0.22% shy of the all-time high of $468.3 billion.
Читать полностью…Bitcoin has recently experienced a surge in price, pushing it towards the $60,000 level. Currently, the price is trading above $60,000, which is a very positive sign. The Fear of Missing Out (FOMO) is also high, which has driven the price up to $64,000. If the price can maintain its position above $60,000, we can expect to see further upward movement towards the $64,000-$65,000 level.
Support Area: $59,000-$60,000
Next Support Area: $54,000-$55,000
Resistance Area: $64,000-$65,000
BONK is joining the meme season and the long position gave a peak profit of more than 60% from our entry. A test of the resistance area is expected and you can book profits there.
Local Support Area: $0.0000133-$0.0000136
Resistance Area: $0.0000165-$0.0000177
Bitcoin is currently trading above $55,000. This is a positive sign for the market and may lead to a move towards the $60,000 level. The support level is now at $55,000, while the resistance level is at $57,000.
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