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#BITCOIN WEEKLY UPDATE :
#BITCOIN continue the push as anticipated in Weekly Update. Currently, price tapped out the Strong Resistance Area from daily TF and price kinda rejecting it. If Daily Time breaks it Bullish Market Structure then you can see the a Deeper Retracement. But we're expecting a final push till Weekly Resistance Area around $29,950.
Here's the analysis of #AGIX :
#AGIX strongly rejected from the resistance zone after the fakeout Around $0.544 - $0.551. Currently, price is floating near the strong support level around $0.4477 - $0.4528 and might gonna break below it. Well, long opportunity after the downtrend resistance break and shorts after the strong support break.
#DXY moved perfectly over as anticipated, Index slide lower with the #FOMC meeting and looks like making a rejection. If it is so, then we can see a deeper correction in the overall market. Looking onto the Daily TF, Index can reach out 104% or 105% resistance, so keep an eye on that.
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#MAGIC reach out the support zone around $1.44, which is our major partial area. Trade running around nearly, 17% in profits, i hope you lock-in some major positions here
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Here's the Analysis of #GMX :
#GMX floating over the major support level of $55.90 - $57.60. Recently, price rejected from the structural resistance zone of $83.30 - $84.65 and trending lower. No intermediate support looks strong, so price will reach out the major support level. Potential shorts below the minor support around $69.50.
What is Head & Shoulder Pattern (H&S) ?
A #Head and Shoulders pattern is a technical chart pattern that is used in technical analysis to identify #potential reversal patterns in the price of an asset. The pattern is formed when the price rises to a #peak (the left shoulder), then falls, rises again to a higher peak (the head), falls again, and then rises to a lower peak (the right shoulder). The pattern resembles a person's head and shoulders, hence the name.
The Head and Shoulders pattern is considered to be a #bearish reversal pattern, which means that it suggests that the price trend of the asset is likely to reverse from an upward trend to a downward trend. The pattern is typically used by technical analysts to identify when to sell or #short a security, and to set stop-loss orders to limit potential losses.
#Traders often use other technical indicators in conjunction with the Head and Shoulders pattern to #confirm their trading decisions.
#MAGIC moving smooth after breaking the support we mentioned around $1.71. The trade moving around 9,23% in profits, we recommend lock-in some partials over here. Major Take-profit at support around $1.44.
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Here's the analysis of #IMX :
#IMX moving with a very unclear price action and now goes below the major level around $1.232 - $1.270, which is now a major resistance zone. Price might reach out the support area of $1.102 - $1.130. Price Action is not clear, wait for the price to flip above resistance or break below the support.
#BLZ double bottom train has left the station 🚀🚀
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#BLZ/USDT BUY/LONG CALL
Lying above strong support. EMA'S are also acting as a support. MACD crossover is showing bullish momentum. It will pump hard from here 🚀
Targets: $0.0958-0.1175-0.1325-0.1546
Stop if 1D close below $0.0739
#BLZ/BTC BUY/LONG CALL
Lying above strong support. RSI is showing a bullish divergence. EMA'S are acting as solid support. Stochastic is giving a buying signal. Expecting a big upward move from here.
Targets: 345-455-574-725 satoshi
Stop if 1D close below 273 satoshi
BLZ Futures LONG
Entry : current price
Leverage : 10x | Targets : 50%-100%
What Is Decentralized Storage?
#Decentralized systems store data across a geographically dispersed network of computers rather than in a single location. This makes storing large #amounts of data possible without relying on a central server or provider, helping to eliminate potential #censorship and privacy intrusion issues.
Unlike traditional #centralized storage servers operated by a single entity or organization, decentralized storage systems keep data files across geographically distributed #nodes connected via peer-to-peer (#P2P) networking.
How Does Decentralized Storage Work?
Decentralized storage involves storing data across multiple #computers or nodes connected to a P2P network like #BitTorrent or an Interplanetary File System (IPFS) protocol.
#Data uploaded onto a decentralized storage system is split into small pieces and sent to multiple nodes across the #network for storage. If you need to retrieve your data file, the network will piece together the sharded components from the individual nodes storing it and reassemble them for you to #download.
Additionally, nodes in a decentralized storage system can't view or alter files because a #cryptographic hash mechanism automatically encrypts all the data stored on a network. Users must use their private $keys to access their data and prevent unauthorized entities from retrieving the information.
The Advantages of Decentralized Storage ?
→ Improved security and privacy
→ No single point of failure
→ Faster download speeds
→ Lower cost
→ Enhanced data integrity
What Are the Limitations of Decentralized Storage?
→ Decentralized storage systems rely on a network of nodes to store and retrieve data, the access times can be #slower than centralized storage systems.
→ It’s not immune to security and other #risks. Malicious nodes could compromise the security of data stored on the network
→ In addition, decentralized storage systems depend on the network #infrastructure to function correctly. Therefore, the availability of the data stored on the network can suffer in the case of network outages.
#Bitcoin nearly did what we were anticipating. Price broke the resistance area before news and dumped after the news, which eventually turning the move into fakeout now. That's a heavy drop and slides below the 4H support around $27,000. Currently, price is in a pull-back and may reject again from $28,000 resistance.
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Here's the analysis of #MAGIC :
#MAGIC is been trending and making Higher Highs and Higher Lows. Price is about reach out the resistance area of $2.114 - $2.151. Looking onto the supporting trendline, price may fell lower. You can take a shot with additional confirmation after breaking support around $1.71.
Only 12 hours until the biggest Kucoin Mega Bull Call ever! Here's what you need to know:
- We're expecting gains of over +1000% with the USDT pairing. Make sure you have USDT in your trading account to buy the coin.
- Lots of traders will be buying at the same time, so buy early to avoid missing out.
- If you plan to use your whole balance, buy 50% at market price first, then use the rest to place buy orders.
- When it's time to sell, don't sell all at once. Sell slowly in parts as the price goes up.
- Our whales will be buying with our members to support the price, which will create many opportunities to profit.
- We'll spread the word on social media to keep the gains going as long as possible.
- Millions of traders worldwide will be watching and buying, so get ready for an exciting day!
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
The Kucoin Mega Bull Call is happening in less than 24 hours! Here are the important details:
Date: Sunday, March 26th
Time: 16:00 GMT
Exchange: Kucoin.com
Pairing: USDT
Official Target: 1000%
Here's what you need to know:
We'll reveal the target coin exactly 24 hours from now. We'll remind you before then.
You must trade on Kucoin to participate. Kucoin is a big exchange with lots of activity, so it's the best place for us to make a big impact. The target coin may not be available on other exchanges, so use Kucoin to make sure you can access it.
Make sure you have USDT in your Kucoin "Trading Account" because it's the most stable and has the highest trading volume.
This process has worked over 50 times, with a success rate of hitting our gain target 96% of the time. Follow the steps of market buy - limit sell, trust your instincts, and work as a team.
Tomorrow is going to be amazing! Get your trading bags ready because the biggest Kucoin Mega Bull Call is happening in just 24 hours.
The amount of #Bitcoin supply that hasn't moved in at least two years is on a Tear, making new all-time highs day after day. There can be multiple reasons for this to happen but looks like, it may happen just due to #Bitcoin pumping Aggresively, as we can see, graph was started moving up in anticipation of the market bottom out.
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There's no significant change in #Bitcoin, irrespective of a down-move. Price is just Moving Side by side on, and formed a range showing, low momentum in the market. Most likely, this increases the chances of retracing lower as we already tapped into a resistance area.
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48 hours until our Kucoin Mega Bull Call
BTC continued its bullish move after the breakout of the long falling wedge and the big inverse head and shoulder pattern. The bullish volume is increasing which is a sign of bullish impulsive waves and that would bring a huge bull run in the market. The overall market environment is considerably more favorable than before, as we anticipate a new opportunity on a new coin in 48 hours.
As noted earlier Our Mega Bull Call takes 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
#BTC.D (#Bitcoin Dominance) gave a fakeout to the downside and aggresive jumped with a breakout. With this jump, Altcoins barely moved as majority money flowed into #Bitcoin. Now, index reaching out the major resistance zone of 48.01% - 48.22%, where a rejection can happen. If #BTC sustains over rejection, then you can expect mini alts season 📈📈.
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#Bitcoin gave a fakeout again to the downside and rapidly pushed up. Price reached up the swing high or structural resistance area again. No proper indication for a breakout, so keep an eye on the marked areas.
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Only 3 days left until our next Mega Bull Call on Kucoin, which is expected to be one of the most profitable opportunities yet! Bitcoin has surged to $28,500 today, and this is great news for our upcoming signal. Our team of experts has been working tirelessly to ensure that everything is in place for a successful trade. Don't miss out on the chance to profit with us! Be ready for the big day.
Discover the essential guide on Kucoin Mega Bull Call here ⤵️
https://telegra.ph/How-to-Trade-KuCoin-Mega-Bull-Call-09-20
Keep an eye out 😊
#BLZ/USDT breakout the descending triangle and retested successfully. Get in before it gets too late 🚀🚀
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#BLZ launched world’s first NFT marketplace today🚀
Forming double bottom on higher timeframe things looking extremely bullish for it here✌🏻
We are buying #BLZ here
BLZ is ready for a moonshot 🚀
Now is the right time to build your position in BLZ for massive profits in short term🚀🚀
We will announce a news based spot/futures call with strong TA after 60 minutes😊
Stay tuned.
#LQTY break below the consolidation range as expected and moved around 8% in profits after a candle closure. I hope you manage as per price movement, now price is up this entry and resistance too. Market is bit unstable now, better wait for it.
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#FED data Released and a 25 BPS is been increased. #Bitcoin did positive reaction to the news but eventually dumped or manipulation happened. Overall, market is getting normal now, let's wait for volatility to settle down 📉
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#TOTAL Market Cap Update :
Index did take time, but Market Cap entered the major resistance zone of $1.129T - $1.198T, as mentioned. Now, most likely it gonna rejected from here as this is a major level and LTF, making very corrective moves. Alternatively, a Consolidation is expected inside the zone and support at $1.10T.