Educational Post
Dollar-Cost Averaging (DCA) Out of Trades
DCA, commonly used for entering markets, can also be an interesting strategy for exiting positions gradually. Instead of selling all at once, you sell portions of your position at regular intervals or at different price points. This will average your exit price.
Example
Suppose you own 1 Bitcoin purchased at $20,000. During a bull run, BTC rises to $50,000. Instead of selling everything at $50,000, you sell 0.1 BTC at $50,000, another 0.1 BTC at $55,000, and so on. This reduces the risk of missing out on further gains while locking in some profits.
ETH has reached the $4,000 level and is currently testing the support area again. If you missed the earlier opportunity, you can add more ETH near this support. The support and resistance levels remain unchanged.
Читать полностью…Bitcoin is forming a downtrend channel on the lower time frame. The price is now testing the downtrend resistance line, and a break above this will lead to a move toward the $100,000 key level again.
Читать полностью…Memecoin Season and Insane DEX Volume
This month, DEX volume hit a staggering $109 billion, nearly double that of Ethereum!
As for Memecoins, the impact is undeniable, with platforms like Pump fun and Raydium driving explosive trading activity.
In November, monthly fees generated by Pump fun and Raydium reached record highs.
Pump fun brought in $71.5 million.
Raydium generated a massive $182 million.
The numbers speak for themselves—Memecoin season and DEX activity are at their peak
ZIL has been rejected from the resistance area and the price is now attempting to hold the support area. You can accumulate some ZIL here and add more during dips. We may experience a correction rally towards the resistance area.
Читать полностью…Bitcoin experienced a significant drop, dipping below the support level. However, the positive news is that BTC managed to close the candle above this support area. If it had closed below, it would likely have led to further declines in the market. The critical level to maintain is around $95,000.
Читать полностью…The Big Boy Keeps Buying!
MicroStrategy has added 21,550 BTC to its holdings, investing ~$2.1 billion at an average price of ~$98,783 per #Bitcoin.
As of 12/8/2024, MicroStrategy now holds a massive 423,650 $BTC, acquired for a total of ~$25.6 billion at an average price of ~$60,324 per Bitcoin. 🚀
WLD bounced back after testing the support area, resulting in more than 27% profit. The price is now set for a retest, and if you missed the earlier opportunity, you can open new positions at the support level.
Support Area: $3.25-$3.40
Resistance Area: $4.35-$4.50
🔥 TURBO Rally On Point!
TURBO continues its impressive upward rally after a successful retest. 🚀
- First Round Entry: 95% Profit
- Second Round Entry: 66% Profit
This is the power of precise TA — we caught the exact bottom both times! ✅ All our signals are free, with no premium channel.
📌 Pin our channel and share it with your friends as a token of appreciation. Let’s grow together and make the most of this bull run!
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ZIL analysis:
Price is currently testing the resistance area; let's see if it can break above. This is a no-trade zone, so it's better to wait for a clear breakout or rejection from the resistance area.
Support Area: $0.028-$0.0295
Resistance Area: $0.034-$0.037
Glassnode On-Chain Data
Another round of distribution?
Nasdaq sees continuous net inflows every day, while crypto exchanges keep dumping onto the market.
Rate cuts have only just begun, let's see how markets reacts in the coming weeks.
MANA analysis:
Price is currently testing a major resistance area on the daily timeframe. It is better to wait for a clear breakout above this resistance area before making new entries. We can expect a significant upward movement after the breakout.
Resistance Area: $0.747-$0.82
📊 Top 10 Networks by Financial Flows
🔹 Base by Coinbase (COIN) leads the pack in inflows, showcasing its rising dominance in the crypto space.
🔹 Meanwhile, ETH is experiencing significant outflows, signaling shifts in capital allocation across networks.
Stay tuned for more market insights as trends continue to evolve! 🚀
Bitcoin has broken above the resistance area, which is a good sign. The price is now retesting this level, and we may see a bounce from here.
Читать полностью…🔥 Auction Hits $23.66 – Massive Gains!
Auction surged to an impressive high of $23.66, delivering incredible profits for our community! 🚀
First Entry: ($12.85) : 841.3% profit with 10x leverage
Second Entry ($16.15) : 464.9% profit with 10x leverage
This showcases the power of precision signals and strategic plays. Stay tuned for more top-tier opportunities!
Keep the printer running 💸💸
💡 Solana Fees on the Rise!
Transaction fees on Solana have been steadily increasing, hitting a peak of $13.29 million in a single day recently.
This highlights the growing usage and consistent development of the network, reflecting its strong adoption and scalability.
SOL tested the expected support area, and we hope you have added some to your portfolio. Everything is set for the next upward movement, and we anticipate a strong rally toward the all-time high resistance zone. You can consider adding more if the price drops to the support level.
Читать полностью…FET analysis:
Price is unable to hold the level and break below it. You can start buying at the local support and add more in dips. The whole market is in correction and it is good to accumulate some.
Local Support Area: $1.48-$1.52
Support Area: $1.00-$1.15
Resistance Area: $1.85-$1.95
MANA has been unable to break the resistance area, and the candle closed below it. You can open a long position at the support area. We may see some accumulation before the next leg up.
Support Area: $0.52-$0.57
Resistance Area: $0.747-$0.82
Massive Liquidations Sweep the Market
In the past 24 hours, a staggering 584,023 traders were liquidated, with total liquidations reaching $1.76 billion!
The largest single liquidation order was recorded on Binance: ETHUSDT valued at $19.69M.
A strong reminder to manage leverage wisely in this volatile market!
Bitcoin dominance rebounded from the support level due to Bitcoin's volatility. We may witness some corrections in altcoins and a test of the support zone. This could be a good opportunity to accumulate altcoins during the correction. Once Bitcoin breaks above $100,000 and maintains that level, we will likely see a continuation of the downtrend in Bitcoin dominance. The support and resistance areas remain unchanged.
Читать полностью…Solana Ranks First in Daily New Users!
Solana has surged to the top as the chain with the highest number of daily new users, overtaking both Ethereum and Base with ease! The numbers continue to grow steadily every day, reflecting its rising popularity and strong, stable growth.
OSMO was unable to close the daily candle above the $0.8250 level, and the price was rejected from there. You can consider adding some OSMO if the price drops to the support area.
Support Area: $0.67-$0.69
Resistance Area: $0.780-$0.8250
Bitcoin continues to trade within the support area, and the wicks are targeting stop losses of highly leveraged positions. Let's see how the market reacts today.
Читать полностью…Educational Post
What Is FDV in Crypto?
FDV stands for Fully Diluted Valuation. It’s a metric that tells us what a cryptocurrency project’s market value could be if all its tokens were available for trading right now. To find FDV, you multiply the current token price by the maximum supply of tokens the project can ever have.
For example, if a token costs $5 and the project has a max supply of 100 million tokens, its FDV is $500 million. FDV gives a "big picture" view of the project’s maximum potential value.
Why Does FDV Matter?
FDV helps you understand how a project’s value might change in the future as more tokens are released. Tokens are often locked up or released slowly over time, like through staking rewards or vesting schedules for team members.
For investors, FDV is like a sneak peek into what might happen down the road. If the FDV seems too high compared to what the project offers, it might signal potential risks, such as future token dilution lowering its price.
FDV vs. Market Cap
While both FDV and market capitalization involve the token price, they measure different things:
Market cap: Focuses only on tokens currently available for trading.
FDV: A metric that simulates the value of a project if every token that can exist is released.
For example, a project with 10 million tokens in circulation at $5 each has a market cap of $50 million. But if its max supply is 100 million tokens, the FDV would be $500 million. A big gap between market cap and FDV suggests that there are still a lot of tokens locked up, which might flood the market in the future.
Bitcoin is holding the support area and moving sideways this weekend. We may see some movement on Monday when the global markets open.
Читать полностью…AEVO is performing exceptionally well. The long position has generated over 86% profit since our entry. The price has also broken through a major resistance area, and we can expect the upward movement to continue in the coming days. If you missed the earlier opportunity, you can consider buying again at the retest of the support area.
Support Area: $0.595-$0.61
DOGE broke the symmetric triangle as expected. This is the reason we told you to accumulate DOGE. We will see a continuation of the upward movement in the coming weeks. The next resistance area is the $0.50 area.
Читать полностью…OSMO Analysis:
The price is currently breaking out of the major resistance zone. A daily candle close above $0.8250 will confirm a bullish breakout, signaling a potential rally toward the next resistance level.
Consider opening a long position if the daily candle closes above the $0.8250 level, as this could indicate strong upward momentum.
W broke the resistance area, and the price is now retesting that level. You can open a long position during the retest, as we may see a continuation of the upward movement in the coming days.
Support Area: $0.355-$0.388
Resistance Area: $0.50-$0.53