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#MAGIC continue to go lower and broke below the support too. There's was an scale-in opportunity but we missed it. Anyways, close the full position and secure the profits 📈
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#ETH break below of the consolidation with a daily candle close and reversed back up for retesting the major resistance level. Well, this could be a potential fake-out so, if you're Looking for new position in alts then wait for a proper breakout to happen
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Here's the analysis of #XRP :
#XRP strongly rallied up and reached the major resistance zone of $0.538 - $0.547. On 4H Timeframe, its breakout now but on Daily TF, kinda rejecting that level. A close below will clear out the rejection, which can tend to move in lower, so wait for the Daily Closing
#MATIC dropped to the major support area as mentioned and price strongly reacted from it. If you took the entry then running in good profits, in case you missed out then wait for a retest around $1.10.
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Go for Us as #BTC didn't gave a break below candle and rejected the support strongly. Well this means consolidation still continues and reach out the resistance area around $28,630. Nothing with that, just alts will follow-up a bit. Price need to breakout of the range for some clean moves.
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Here's the analysis of #DYDX :
#DYDX is making a but messy move and currently, rejected the support area of $2.23 - $2.29. The major support is at $1.84 - $1.96 and right now, price broke a small downtrend resistance line, indicating a potential move up. Well, as of now, market looks bit weak, so wait for the opportunity.
What Is Triangular Arbitrage and How to Use It?
#Arbitrage is a trading approach that turns market inefficiencies into financial opportunities. There are several types of arbitrage strategies used by crypto traders, including simple arbitrage, cross-border arbitrage, peer-to-peer (P2P) arbitrage, and triangular arbitrage, all of these seek to take advantage of price differences across multiple markets.
Triangular Arbitrage takes advantage of price #difference between three different coins in the market.
The #concept is simple —> A trader exchanges one #crypto asset for a second, the second for a third, and the third for the first, by which that difference in price gives him #profit and then this is repeated for as long as the price differences remain.
To be done #successfully, triangular arbitrage requires identifying price differences, trading different asset pairs simultaneously, and proper #risk management. Since the crypto market is #volatile, prices fluctuate quickly; traders must also execute #triangular arbitrage trades rapidly.
However, Some people build there own #Trading Bots to catch this difference, as price is moving very fast and that the point, which make Arbitrage Trading Risky.
#BTC break down the Triangle to the down side and reached out the bottom of the consolidation range and taking support. Support Acting good as no candles given a close below. Well, a breakout would be highly probable to the downside, so be alert a candle closing below $26,900 in a HTF.
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Here's the analysis of #FIL :
#FIL is been moving below the downtrend resistance line and inside the falling wedge pattern. Price is expected to reach out the major support level of $4.630 - $5.000. Until then, nothing as now, as ranging is too small for positions.
#TOTAL2 UPDATE :
#TOTAL2 again reached out the major resistance zone and kinda started ranging now, as overall market is to. Well, this more likely to breakout this week now and a rejection will cause heavy crash in it. Market need some aggresive news, to flip above the major level. Keep the stops tight in altcoins as of now.
#BTC still didn't gave any significant movement, and trading inside a Consolidation Range. If we look into #EMA, then price is taking support over that too. Inside that, a Triangle Pattern is Forming, were breakout (Pattern + Range) will lead the next move.
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XCV Signal:
We didn't manage to hit our projected gain and we feel bad about it, Many bag holders began selling when at the peak of the call, so we'll be careful not to choose such coins in future. Although XCV hovered at 70% gain for more than 2 minutes, everyone who was fast enough booked around 2x profits for today. With a total volume of a 500k$ dollars we managed to trigger a lot of liquidity bots and trading algorithms who pushed us higher and held the price for longer. For now we will focus on growing and we promise to choose a coin which will pump atleast +1000% or even more.
Pin our channel on top and stay tuned for the next big call announcement that's around the corner!
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
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1 hour left until the Mega Bull Call!
Exchange : Kucoin.com
Pairing : USDT
Be sure you are logged in and ready. Have your trading pin entered and stay calm. Buying quickly will get you the best price but being prepared/confident will net you the most gains. a projected gain will be given so everyone knows the best place to sell. We look forward to an amazing call today and this time our official projected target will be +1000% gains on Kucoin Mega Bull Call!
We are very excited for today as everything is looking perfect.
Read pinned post. Stay tuned.
Wallet Maintenance Extension for BNB Smart Chain (BEP20) - 2023-03-30
https://www.binance.com/en/support/announcement/wallet-maintenance-extension-for-bnb-smart-chain-bep20-2023-03-30-63b638db6972470096701833c222ab7c
Here's the Daily and H4 charts and As mentioned, we need a Daily Candle Closing of the resistance/ consolidation range. Price kissed out $29,000 mark but 4H didn't gave any breakout yet. Well, condition are still remain the same, so better wait for the candle closure 🚀
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Over recent weeks, #Investors have increased the volume of coins deposited to exchanges. Net exchange flows ticked higher by approximately 4180 #BTC this week, the largest net increase since #LUNA collapsed in May 2022. This might indicate some profit-taking going on as who bought the dip 📈
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QUICK Update :
#Bitcoin again reached the resistance area around $28,630 and kinda rejecting now. Wait for the candle closure and incase of Breakout, Daily Candle should maintain above the area, otherwise, this will considered as fakeout.
Binance Will Support the Ethereum (ETH) Network’s Shapella Upgrade
https://www.binance.com/en/support/announcement/427a18a0ba03497087401d4b89d229df
Hello members, to celebrate our upcoming Kucoin Mega Bull Call session we are annnouncing probably the biggest giveaway for our community. All biggest crypto groups coming together to help our community and a total of $10,000 will be given to eligible participants.
Join the bot @Biggestgiveawaybot and get your unique referral link. Share the link with your friends, family and on your social networks.
To eligible for the giveaway you need atleast 5 referral through link and must follow rules mentioned in the bot.
The winner with most number of refferal wil get $3000 reward. Here is full details of how rewards will be given:
RANK REWARD
1 $3000
2 $2000
3 $1000
4 $500
5 $500
6-10 $200
11-50 $50
Final results will be announced on 30th March. Good luck.
After a week of Consolidation, #STX broke the support and moving lower. If you took the entry after candle closing, the position are running in 16.6% in profits. Price already reached out the minor support on daily TF, better to take profits here with stops at breakeven.
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#AGIX given a break below of the support area, and made a easy retest. Price rejects the level and about to reach the next support area. Trade running is good profit around 13% in favor, so better lock-in minor partials here. Major Partials at support zone around $0.373 - $0.380
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#Binance and CZ is been Sued by #CFTC over #Futures and Derivatives Framework. This things may create some more potential #FUD in the market in coming days 👀.
With that news, #MicroStrategy Acquired another 6,455 #Bitcoins for $150M at an Average of $23,238 per #Bitcoin. Now, in-total they hodl 138,955 #BTC, at an average price of $29,817, that totals around more the $4B+ in valuation 📈📈
What is Inverse Head & Shoulder Pattern ?
The Inverse #Head and Shoulders pattern is a technical chart pattern that is the opposite of the traditional Head and Shoulders pattern. It is also a #reversal pattern, but it signals a potential bullish reversal in the price of an asset.
The Inverse Head and Shoulders pattern is formed when a price #falls to a low point (the left shoulder), then rises, falls again to a lower point (the head), #rises again, and then falls to a higher low (the right shoulder). The pattern resembles an upside-down head and shoulders.
The Inverse Head and Shoulders pattern is considered to be a #bullish reversal pattern, which means that it suggests that the price trend of the #asset is likely to reverse from a downward trend to an upward trend. This pattern is typically used by technical analysts to identify when to buy or go long on a security, and to set stop-loss orders to limit #potential losses.
https://www.binance.com/en/support/announcement/2bcaff7b39064aa8969bb509d28b90f5
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Here's the analysis of #MATIC :
#MATIC made a strong bounce from the strong support zone of $0.930 - $0.951. Currently, price is moving inside the falling wedge pattern and potentially reach out the major support level around $0.999 - $1.029. Potential buys over that level or wait for the price to breakout of the Wedge formation.
The coin we have picked for today's Mega Bull Call is: XCV
https://trade.kucoin.com/XCV-USDT
Buy and hold for massive profits
20 minutes left until the Mega Bull Call on Kucoin!
Official Target : +1000%
2 hours left until the Mega Bull Call!
Exchange : Kucoin.com
Pairing : USDT
Make sure you have your USDT available in your trading account on Kucoin
Log in early to be sure everything is ready.
We expect a fantastic call today. Buy quickly for the lowest prices and list a limit sell as the coin is rising through the "projected gain" range. Our coin will rise sharply and attract the attention of many outside bots and traders who will continue to buy and continue to push our target coin up and up. There is still time to set up a Kucoin account and deposit if you have not yet. Be ready for the Mega Bull Call in 2 hours from now.
Read pinned post. Stay tuned