116880
Contact for any queries @Steffendude
#OCEAN given a break below of the rising wedge pattern and if you took sells, its running around 6% in profit. Market is retracing a bit, so better move the stops. Expecting a full drop till major support and buys over there too.
Читать полностью…
Here's the analysis of #OCEAN :
#OCEAN is been trending tot he upside and building up and rising wedge pattern. Currently, price is trying to breakout of the pattern and may drop to major support zone of $0.300 - $0.325. A close below candle will be a perfect setup for that and for longs, wait for the opportunity.
#DYDX exactly rejected from the hourly resistance around $2.36 and if you took the entry then, its running around 5.5% in our favor. Better take partials or close the position as per your style.
Читать полностью…
#BITCOIN Weekly Outlook 👀
Overall, market made a heavy rally since 3 weeks. Price nearly reached out its structural high and refined resistance from daily will be an obstacle. This could be the potential reversal point around $24,150 - $24,600. A break above this level will open the room till $30,000+ 🚀. Keep an eye on the mentioned levels.
Hello Members, this post is all about, How to Mark the Correct Market Structure in an Uptrend. We've mentioned everything in simple as possible about the Structure. We'll update with the Marking Downtrend Market Structure and shift in Market Structure too
Stay Tuned ✌️🏻
#DYDX continue to push up and nearly tapped out the strong resistance level. Looks like price rejected sharply and might continue to push lower. You can look for hourly resistance around $2.36 for shorts.
Читать полностью…
Here's the analysis of #DYDX :
#DYDX broke out of the strong resistance level and hovering in between. Price is expected to retrace back to the strong level of $1.845 - $1.966. Till then, wait for the price to develop some sort of setup and entry only, if market conditions will be healthy.
#MDT/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: $0.02964-0.03795-0.04875-0.06545
Stop if 1D close below $0.02303
We are buying #MDT here
MDT is ready for a moonshot 🚀
Now is the right time to build your position in MDT for massive profits in short term🚀🚀
Anatomy of Candlestick
A candlestick is a type of chart used to display the price movement of a financial instrument over a specific time period. Each candlestick is composed of several parts:
The Real Body: This is the rectangular area between the open and close prices. If the close price is higher than the open price, the real body is typically colored white or green, indicating a price increase. If the close price is lower than the open price, the real body is typically colored black or red, indicating a price decrease.
The Upper Shadow: This is the line that extends above the real body, representing the highest price reached during the time period.
The Lower Shadow: This is the line that extends below the real body, representing the lowest price reached during the time period.
The Wick: This is the line that connects the upper and lower shadows. It is also known as the "tail"or"shadow."
Candlestick can be used to identify pattern and trend in the price movement of a instrument and can be used in TA
#Bitcoin continue to move inside the consolidation range as expected. Price did made a good stop-hunt on 4H, but bais if for upside. Alternatively, if range broke below $22,300 then, we've clean range till $21,300 and lower.
Читать полностью…
What is Mining Pools ?
#Mining is integral to the security of Proof of Work blockchains. By computing hashes with certain properties, participants are able to secure #cryptocurrency networks without the need for a central authority.
You could be running several high-powered ASICs, and you’d still be just a drop in the #Bitcoin mining ocean. The chances of you actually #mining a block are pretty slim, even though you’ve spent a lot of money on your hardware and the electricity required to run it. You don’t have a guarantee on when you’ll get paid with a block reward, or even if you’ll get paid at all. If consistent revenue is what you’re after, you’ll have much greater luck in a mining pool.
Let’s say that you and nine other participants own 0.1% of the network’s total hashing power each. That means that, on average, you would expect to find one in every thousand blocks. With an estimated 144 blocks mined a day, you’d probably find one block a week. Depending on your cash flow and investment into hardware and electricity, this “solo mining” approach could be a feasible strategy.
What if, if you power is not enough to be profitable? so, However, what if this revenue won’t be enough to turn a profit? Well, you could join forces with the other nine participants we mentioned. If all of you combine your hashing power, you’d have 1% of the network’s hash rate. This means you’d find one in every hundred blocks on average, which works out at one to two blocks a day. Then, you could just split up the reward and share it amongst all the involved #miners.
#Bitcoin did tried to breakout of the consolidation range and made a immediate drop back. This looks like some sort of rejection but only hourly TF, a new Higher High is been printed. Still bullish bais as of now and range might continue.
Читать полностью…
The recent surge in #Bitcoin price action has resulted in an initial breakout above all three cost-basis for the first time since the 2018/19 bear market and the March 2020 Covid crisis.
A sustained duration above these key psychological levels would be considered constructive.
Notice of Removal of Trading Pairs - 2023-01-27
https://www.binance.com/en/support/announcement/50556d0ff0bc408e82d39ea129c51f29
#Bitcoin moved as expected, price breakout of the consolidation range with the monday market open. Also, price move above the rejection area looking left and expected to reach out till strong resistance level of $24,450 - $24,880.
Читать полностью…
Continuing this, its very similar and opposite way to identify the Bearish Market Structure. I hope this will hope you alot in your trading 📈
Читать полностью…
#APT is trying to break the falling wedge pattern to the upside but over market still looking for sideways. You can open a tiny buy position here, for a scalping about 5%-7%.
Читать полностью…
Here's the analysis of #APT :
#APT printed a fresh #ATH (All-time High) a day before yesterday. Currently, price forming a Falling Wedge Pattern and breakout is pending yet. A break below will be perfect shorts till support around $14.06 - $14.47
#ENS broke out off the build-up resistance and moved straight towards the major resistance. Price move around 9% in our favor and broken the major resistance too. If daily candle sustains above the level, then you can look fot scale-in till next major resistance around $18.30 - $18.40.
Читать полностью…
#BTC didn't moved alot from yesterday and price did try to break out of the range. If price breaks this consolidation, we still have a rejection area, just above at $23,600. Weekend is on, so, if price rejects from here, then this range will continue till monday market open.
Читать полностью…
The only AI project on Binance that hasn't had a significant pump is #MDT👀
Looks like it’s time for #MDT show✌🏻
#MDT/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: 128-175-245-300 satoshi
Stop if 1D close below 105 satoshi
We will announce the next best TA/FA based spot call after 30 minutes😊
Stay tuned.
#ATOM is kinda forming the the triangle pattern and overall market is ranging a bit. We marked the clear area for potential entries. Take the risk accordingly and targets will be the nearby zones.
Читать полностью…
Here's the analysis of #FIL :
#FIL broke the major resistance zone and took a retest back as major support around $4.63 - $5.00. Market is still healthy and #FIL maintaining the Bullish Market Structure. Setup already played out, so wait for the price to drop back inside it.
#ENS broke the triangle in a downward direction. Price makes a quick swing to the support and grabs the liquidity. Price is now testing the resistance line and a break above the $15.50-$15.60 zone will send us toward $16.10-$16.30 zone.
Читать полностью…
Here's the analysis of #ENJ :
#ENJ rejected hard from the major resistance level of $0.43 - $0.44. Price still maintaining the structure but sell-pressure is also heavy. Market starts to weaken a little, and might fall till strong support around $0.320 - $0.340. Wait for the opportunity to appear.
#ENS broken the ascending Triangle to the downside, an aggressive entry ended up in a good profits. If you missed the sells, wait for the price to retest back and take only with confirmations. Alternatively, price is already on a support and a break below be also a good setup.
Читать полностью…
#Bitcoin respecting the trading range. Price bounced from the lower support level of the range. Keep an eye on $22,300 level, a break below this will send the to $21,000-$21,300 support zone.
Читать полностью…