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#BTC gave a breakout of the small range and trying to move up. Price approaching towards the resistance area of $27,340 - $27,400. A rejection is expected from that range, or hopefully, we'll see a breakout from there from there, to move till resistance area at $30,000.
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Here's the Analysis of #RNDR :
#RNDR is been in a strong up-move and rejected nearly from the resistance zone of $2.533 - $2.564. Price took a bounce of from the structural support zone around $2.28. Price can continue to push till, resistance area and might break through it. No setups as of now, like a ranging, so wait for it.
#ARB did break the downtrend resistance line but started making a symmetrical triangle pattern, where breakout is still pending. We need to see the price breaking either side, to take the setup.
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#BTC didn't gave any movement and did a liquidity wicks both side with the #Powell Speech Yesterday. Price is consolidation with a range inside a range now. Wait for a break to happen as nothing to do this in tight area
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48 hours until our Kucoin Mega Bull Call
Everything is looking perfect for the biggest Kucoin Mega Bull Call! The target this time will be 1000%+ gains possibly even more. With BTC dominance getting rejected from weekly supply zone, and signaling a strong bullrun in altcoins and our volumes being high, the odds of reaching 1000%+ profit will be very high once again. We will do everything in our power to make sure we reach this target, if you have missed our previous big successful calls, this is also the one you will not want to miss.
As noted earlier Our Mega Bull Call take place on Kucoin because Kucoin is the best place to profit from small cap gems. There are a lot of trading pairs listed which allow us a breadth of options. Many retail, algo, and daily active traders use Kucoin and will add additional volume to our signals. Kucoin also allows users from all over the world to trade and has no KYC requirements. Sign up now if you havent yet, We have also put together a small guide on how to trade our Mega Bull Call effectively on Kucoin to make sure all our members are well prepared : https://telegra.ph/How-to-Trade-KuCoin-Mega-Bull-Call-09-20
Read pinned post | Stay tuned
#FIL moved above the flip level but still respecting the Structural High and tapped the major resistance zone. Price rejected from there, and anticipating the down-move to continue down.
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Here's the Analysis of #SXP :
#SXP is been consolidating in a range over the support area around $0.4080. Nothing to do with the setup, until a breakout happens. You can do range trading over it. A breakout will decide the next move and next support is at $0.391 and $0.361.
#ZIL took us out at breakeven point and did a flip above the zone. Currently, price retesting the zone as support and trying to hodl above it. Once the support is formed, we can take buys over here as we've clean move looking left.
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Here's the Analysis of #SAND :
#SAND is been in a large channel pattern and broken below the support zone of $0.512 - $0.527, which is now turned it into resistance area. There's 50-5- Chance, of a rejection from here or test out the downtrend resistance line. Overall, nothing we can do here, a small sell position can be taken or just wait for the setup to appear.
#TOTAL2 UPDATE :
#TOTAL2 gave a break below of the structural support area and kinda hodling below it. Price is rejecting with wicks though, so alts can have bad time sooner. Tries to Reduce the position in running trades until any confirmation happens
#BTC is dipping down back to the support zone and might gonna break below the zone. Price is kinda ranging too. A break-below will lead the price lower near $26,000 and a change in market structure will turn the price bullish.
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What is EIP (Ethereum Improvement Proposal) ?
#EIP, or Ethereum Improvement Proposal, is a formal document that outlines proposed changes and #enhancements to the #Ethereum blockchain. It serves as a platform for developers, researchers, and #community members to contribute their ideas and improvements to the Ethereum #ecosystem.
#EIPs cover a wide range of topics, including protocol #upgrades, new features, and standards for the Ethereum platform. Each #EIP is assigned a unique number and follows a specific format that includes sections such as #abstract, motivation, technical specifications, and references.
The EIP process encourages open #collaboration and community involvement. Proposed #EIPs undergo a review process where they are #examined, discussed, and refined by the Ethereum community. This #process helps to ensure that proposed changes are thoroughly vetted and understood before they are implemented.
EIPs have played a crucial role in shaping the #development of Ethereum. Notable EIPs include EIP-20, which introduced the #ERC-20 token standard, and #EIP-1559, which introduced changes to Ethereum's fee structure.
By providing a structured #framework for proposing and discussing improvements, EIPs promote transparency, innovation, and #consensus-building within the #Ethereum community. They are instrumental in the #continuous evolution and #advancement of the Ethereum ecosystem.
Notice of Removal of Trading Pairs - 2023-05-18
https://www.binance.com/en/support/announcement/62abb8275ea6457faa154398970db7ce
Here's the analysis of #AVAX :
#AVAX bounced off of the major support zone of $14.11 - $11.62 and reaching out the structural resistance area of $15.51 - $15.59. Price kinda formed a range now, so potential sells will come from structural resistance and a flip above will open the room till $16.70 and above.
What is BIP (Bitcoin Implementation Protocol) ?
#BIP stands for Bitcoin Improvement Proposal. It is a formal document that outlines #proposed changes, enhancements, or additions to the #Bitcoin protocol. BIPs serve as a way for #developers, #researchers, and community members to propose and discuss improvements to the Bitcoin #network.
The BIP process allows for open #collaboration and discussion among the Bitcoin #community to reach consensus on proposed changes. BIPs cover a wide range of #topics, including #protocol upgrades, new features, standards, and best practices.
Each BIP is assigned a unique number and follows a specific format that includes a title, author(s), abstract, motivation, technical details, and references. #BIPs undergo a review process where they are examined by the community, developers, and stakeholders. This process helps to ensure that proposed changes are thoroughly analyzed, discussed, and understood before being implemented.
Some BIPs have had significant impacts on the Bitcoin network, leading to protocol upgrades such as #Segregated Witness (#BIP141), the #Bitcoin Improvement Proposal process itself (#BIP0001), and the BIP32 standard for hierarchical #deterministic wallets (#BIP0032).
BIPs play a vital role in the evolution and development of Bitcoin by providing a structured and collaborative approach for proposing and implementing improvements to the network. They foster transparency, innovation, and consensus-building within the Bitcoin community.
12 hours left until the biggest Kucoin Mega Bull Call of all time! Everything is looking perfect for a massive call today.
- This time we are expecting gains anywhere from 1000% to 2000% possibly even more depending on how big our volume is.
- We will be using the USDT pairing, make sure you have USDT in your trading account to buy the coin.
- Hundreds of thousands of traders will be buying at once, make sure you buy early before outsiders do.
- If you plan to use your whole balance, you can buy using 75% of your balance initially at market price, use the remaining of your balance to place buy orders!
- When you buy the coin and it's time to sell, never sell on the buy supports! Instead sell slowly in parts as the price goes up.
- Our call will have many waves as our whales will be buying with our members to support the price, there will be a lot of possibilities to profit during the call!
- Millions of traders worldwide will be watching and buying, we have put into place a few measures to spread the word out after our signal all over social media, we will attempt to make our gains last as long as possible.
We have put together a small guide on how to trade our signals effectively on Kucoin to make sure all our members are well prepared : https://telegra.ph/How-to-Trade-KuCoin-Mega-Bull-Call-09-20
Read pinned post. Stay tuned.
Less than 24 hours left until the Kucoin Mega Bull Call!
Date: Sunday May 21
Time: 16:00 GMT
Exchange : Kucoin.com
Pairing : USDT
Official Target : 1000% gains
Things to know for the Kucoin Mega Bull Call tomorrow
1. The target coin will post here in exactly 24 hours from now. Further reminders will be sent beforehand.
2. You must be trading on Kucoin. Our power is focused on Kucoin in order to have the greatest effect. Kucoin is a highly liquid exchange with billions of dollars of daily volume and the very best conditions for our Mega Bull Call. Whatever the target coin ends up being will likely not be listed on every other exchange, therefore you have to use Kucoin in order to guarantee its available to you.
3. Make sure you have USDT available in your "Trading Account" on Kucoin. We use USDT as a base pair because it offers the most volume and stability.
4. Remember this process has worked over 50 times with a success rate of hitting/passing our projected gain target 96% of the time. It will work greatly again tomorrow. Follow the process of market buy - limit sell and you are highly likely to succeed. Never panic, trust your instincts, and work as a team.
Tomorrow will be absolutely incredible, Have your trading bags ready for the biggest Kucoin Mega Bull Call yet in 24 hours from now.
Read pinned post | Stay tuned
Network settlement remains lackluster when compared to Bull Market conditions as the Total Transfer Volume moved on the #Bitcoin network has declined to a value of $2.73B per day.
This places the network throughput $10.37B (79%) lower than its peak of $13.1B, observed across the 2021 primary Bull Market
Here's the Analysis of #ARB :
#ARB lying in the major support zone of $1.110 - $1.153 and kinda give fakeout after the downtrend resistance line. Price is consolidating in a range over the major support zone. A short scalp buys can be done here till the resistance zone of $1.274 - $1.300. Alternatively, if price switches below the zone then we can open some short-sells positions.
What Are Meme Coins?
#Meme coins, also known as meme cryptocurrencies or internet meme #tokens, are a type of digital #currency that gained popularity primarily through social media platforms and #online communities. These coins often feature a humorous or lighthearted theme, and their value and appeal are largely driven by internet #memes, #jokes, or viral trends.
Meme coins are typically created as a form of #decentralized cryptocurrency on blockchain platforms such as #Ethereum. They often have unique characteristics, including catchy names, distinctive logos or symbols, and community-driven marketing efforts. Some well-known meme coins include #Dogecoin (#DOGE) and #Shiba Inu (#SHIB).
While meme coins may have gained attention and a dedicated following due to their meme-driven nature, it's important to note that they often lack substantial utility or #fundamental value. Their prices can be highly volatile, and #investments in meme coins carry significant #risks. Meme coins should be approached with caution, and thorough research is advised before considering any investment or involvement with these types of cryptocurrencies
#BTC rejected the zone as anticipated and took support at $26,500 area. Its a new range as the condition remain the same, for a new direction, we need to see a breakout either side. On HTF, both sides is standing as a strong rejection areas. So let's see what happens next 👀
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What is ORC-20 Tokens ?
#ORC-20 tokens run on the #Bitcoin blockchain and are represented as #JSON (JavaScript Object Notation) files inscribed onto #satoshis with an Ordinal serial number, similar to BRC-20 tokens. Created after the #BRC-20 standard, ORC-20 aims to address a few of BRC-20's limitations by improving security and enhancing flexibility.
ORC-20 expands BRC-20's scope by supporting a wider array of #data formats and leverages Bitcoin's Unspent Transaction Output (#UTXO) model to circumvent the issue of double-spending, which has been a significant concern for some BRC-20 tokens.
What Is the ORC-20 Standard?
The ORC-20 standard is an open standard designed to improve BRC-20 on the Bitcoin network. The ORC-20 standard's objective is to maintain backward compatibility with BRC-20 while improving #adaptability, #scalability, and #security.
How Does ORC-20 Improve the BRC-20 Standard?
The #ORC-20 protocol builds on Ordinals and the BRC-20 token standard. The primary objective of the ORC-20 protocol is to promote the adoption of #Ordinals, digital artifacts that can carry various data types on the Bitcoin network. It enables users to deploy new ORC-20 tokens and migrate existing BRC-20 tokens.
#BRC-20 is an experimental token standard on the Bitcoin blockchain named after Ethereum's #ERC-20. It enables developers to create and transfer #fungible tokens through the Ordinals protocol. BRC-20 has become popular in the crypto #ecosystem, especially after the rise of meme coins like Pepe (#PEPE) in May 2023.
How Does ORC-20 Prevent Double-Spending?
The transaction model used in ORC-20 is based on #Bitcoin's #UTXO model. When a transfer occurs, the sender specifies the amount to be #received by the receiver and designates the remaining #balance to be sent back to themselves, simplifying the transfer process.
Risks of ORC-20 Tokens
Those who intend to invest in #ORC-20 tokens should first understand that ORC-20 is an #experimental project, and there is no assurance of the value or usefulness of tokens produced using this standard. While ORC-20 may potentially improve the token standards of the #Bitcoin network, it has received criticism for being #complex and not offering significant advantages over existing standards.
#BTC started disrespecting the intermediate level and formed a new resistance. Price bounced from the from some randon flip level and reached the resistance and kinda rejecting it. This is now a new range, a breakout will decide the new market direction
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Dear members,
4 days left until our next Kucoin Mega Bull Call!
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. Instructions will be given out in the upcoming days to make sure all our members are prepared for kucoin. We are expecting hundreds of thousands of people all across the world to attend this signal and possibly more than a million people across all social medias will be watching. Be prepared. We will be giving out more information when we are closer to the signal date, stay tuned!
The growth in the Number of Whale on the #Bitcoin network has been diminishing cycle upon cycle.
#Whales Unloading there Bag YoY 👀
Here's the Analysis of #CFX :
#CFX is been inside a small channel pattern/ Bull Flag Pattern. and made a strong bounce from the support zone of $0.224 - $0.239 and expected to reach out the $0.370 as of the rejection from the resistance line. If the trend remains the same then we can see a breakout of the channel and resistance zone around $0.443 - $0.463. Right now, wait for the further price action to develop.
#ZIL did what we expected, price tapped out the $0.0246 mark and rejected sharply. If you took the trade then you're in decent profits. Try to Breakeven the position as soon as possible. Anticipating, to reach out the price to move till next end (Support zone around $0.0229).
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#BTC rejected from there as expected and did a retest back to the zone as support. There's a trendline confluence with it and might gonna hodl it. A break -below again will turn it into a fakeout, which could lead in potential down-move.
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#BTC gave a breakout of the range to the upside and strongly bounced after a retest. Currently, price is at a rejection area, a rejection might happen. Altern, next move is open till in case of breakout till $28,000
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Here's the Analysis of #ZIL :
#ZIL is been hovering over the major support zone of $0.0217 - $0.0220 and kinda ranging now. Price hodling the support and Resistance around $0.0228 and $0.0246 respectively. A rejection is anticipated over near, $0.0246 area, for a next push down till major support. Let's see how it goes,