#KSM is been giving a break of the triangle pattern and flipping the resistance area too. There's a decent 8.6% range for the scalping. You can attempt some decent buys now, with proper stops below swing low.
Читать полностью…#XRP Analysis :
#XRP hovering around a Major Flip Level of $0.538 - $0.547 and price coming a long way from a downtrend. Price made a flip to bearish to bullish market structure and a Daily Candle closing above the zone will open the room for next resistance around $0.600. So, buys can be taken into account and sells will be risky at this point.
Uniswap's latest upgrade has ignited a surge in #DEX altcoins🚀
So If you didn't catch #SUSHI or #UNI, now's your chance to hop on the rocketship with #MDX
#MDX/USDT 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: $0.0799 - 0.098 - 0.115 - 0.150
Stop if 1D closes below $0.0638
#FIDA is #BTC Pairs also followed the plan and made a really quick profit of 12.8%. i hope you took the call and enjoyed the free signals.
Читать полностью…#ETH UPDATE :
#ETH made its easy way towards $2,700 target and fully able to sustain above the support too. Currently, price start sort of range below the physiological level of $3,000. Now eyes on Breakout, as it will decide the next directional move, and overall price is bullish for #ETH.
Here's the Analysis of #KSM :
#KSM given a fakeout over the resistance zone of $46.60 - $41.10 and made a triangle pattern over it. Price also hodling the trendline, showing buyers are interested to break the level. Well, price is middle of nowhere, so wait for the flip of the resistance to go long or break of the trendline to go short.
Bitcoin leads in capital inflows with nearly $20B per month. Ethereum follows, with a lag, indicating investors seek market growth confirmation. Altcoins see capital flows after Ethereum, signaling a slower movement down the risk curve. This trend is repeating in the current market cycle.
Читать полностью…#FIDA is breaking out and gearing up for a massive pump! Don't miss your ticket to the moon 🌕🚀
Читать полностью…#FIDA/BTC 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: 730 - 850 - 970 - 1200 satoshi
Stop if 1D closes below 575 satoshi
#BTC in Hourly TF created a mess and is been still in a range. Price already took the buy stop and now anticipated for sell stops. Support will remain the same around $50,000. If this is just a re-accumulation then support will gonna hodl. A distribution will lead in clean of the level, will dip towards the next major level.
Читать полностью…#APY vs #APR: What’s the Difference?
#APY, or annual percentage yield, incorporates interest compounded quarterly, monthly, weekly, or daily, while APR, or annual percentage rate, doesn’t. This simple distinction can make a significant difference to the calculations for returns over a period of time. It is therefore important to understand how these two metrics are calculated and what it means for the returns that you can earn on your digital funds.
#APR
#APR stands for annual percentage rate. This is the simpler of the two terms. In simple terms, the Annual percentage rate is the interest a lender is bound to earn on their money. Also, the borrower pays for the interest over one year.
#APY
#APY stands for Annual Percentage Yield. Unlike in the #APR model, where you get a fixed amount after every year, which is decided upon by the initial principal amount itself, in the annual percentage yield, you will receive some interest every month.
#MINA break the channel and made a push from the support as expected. Price made a 8.2% move from the support and ended up being at breakeven. Now it broke the level and tapped into Daily Strcutural Support. We'll wait the market shift to happen before entering any sort of buys.
Читать полностью…#BITCOIN WEEKLY TF UPDATE :
#BITCOIN made a clean move to the upside, with the weekly candle close. Price made its way to the resistance zone, and currently, candle its kinda rejecting. Bearish candle close will lead n new resistance formation, so retracement might come. Alternatively, a next week candle closing above the zone will lead in further up move of the price.
What Is Minting?
In the realm of cryptocurrency, minting represents a decentralized process allowing individuals to generate new tokens without the intervention of centralized authorities like governments or banks. This process can yield either non-fungible tokens or crypto coins.
Two Methods of Minting
Cryptocurrency minting can occur through two distinct methods, differing mainly in their procedures while achieving the common goal of creating new coins. One method involves mining, known as the proof-of-work approach, while the other entails staking, known as the proof-of-stake mechanism.
Proof-of-Work: Mining
Proof-of-work entails the mining of coins, which involves validating and storing transactions on a blockchain, a digital public ledger. Miners employ high-powered processors to solve complex mathematical problems, earning cryptocurrency as rewards for their efforts.
Proof-of-Stake: Staking
Proof-of-stake, generally regarded as a more favorable minting method, relies on staking existing cryptocurrency holdings. Users stake a significant amount of cryptocurrency to validate transactions and are chosen randomly to perform this task. The higher the stake, the greater the likelihood of selection.
Stakeholders cannot access the staked amount during the process and risk losing it if they violate rules or provide inaccurate data. Despite the associated risks, stakeholders are motivated by the potential for profit.
Comparison: Mining vs. Staking
Both proof-of-work and proof-of-stake methods result in the creation of new coins, although the term "minting" is commonly associated with staking to differentiate between the two methods. Both minting and mining involve adding new blocks to an existing blockchain.
Minting Non-Fungible Tokens
While mining and staking are used for minting cryptocurrency, minting non-fungible tokens (NFTs) follows a distinct process. NFTs are added to the Ethereum blockchain and serve as digital assets for creators to sell their media files or digital artworks.
To mint an NFT, users require an Ethereum cryptocurrency wallet, which they link to an NFT marketplace like OpenSea. They upload their desired file, pay the creation fee in ETH, and upon verification, a new NFT is minted.
Minting encompasses various methods for creating different types of tokens, with the prevalent usage referring to the creation of new cryptocurrency coins through the proof-of-stake mechanism.
#MDX/BTC 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: 155 - 185 - 210 - 250 satoshi
Stop if 1D closes below 120 satoshi
As capital flows into major cryptocurrencies, attention turns to its dispersion across the risk spectrum. Emerging Layer-1 ecosystems compete with Ethereum for both innovation and investor capital. We analyze top tokens from Ethereum, Cosmos, Polkadot, and Solana, focusing on weekly changes in aggregate market cap. Solana shows high volatility and notable upside, while Polkadot outperforms Cosmos. Monitoring these trends is crucial for understanding evolving market dynamics and identifying emerging opportunities.
Читать полностью…#FIDA made a really quick move to the upside and made it way to the 1st target of $0.365 which is 11.75% in profits. Secure some and hodl the rest for further targets.
Читать полностью…#BITCOIN DAILY TF UPDATE :
#BITCOIN still consolidating after the rejection from the strong resistance area and moving lower for a wickfill. Price still expected to reacted once at $50,000 and might build up some liquidity underneath it. Now, we can only watch out the market move until a breakout. Also, to note that there's ton of liquidity below $50,000 so there might a wicking/ manipulation too.
What Is a Minnow?
In the English language, “minnow” can refer to a small fish — and a person or organization who is regarded as small or insignificant.
The same concepts apply in the world of cryptocurrencies. A minnow refers to someone who owns a relatively small amount of digital assets. This means that, when they buy or sell their crypto, it’s unlikely to have a substantial impact on the rest of the market.
This is at odds with whales — the term that refers to the very small number of individuals and institutions who hold substantial sums of cryptocurrencies such as Bitcoin. If they decide to sell their holdings, there’s a very real risk that they could affect the spot prices that are seen on exchanges.
In rare cases, even a minnow can have a big impact. Some altcoins have incredibly low trading levels and a dire lack of liquidity, meaning that prices can shift dramatically even after a modest sale.
There’s no exact definition for how much of a crypto investment someone needs to hold in order to count as a minnow. However, research suggests that the vast amount of investors do fall into this category.
Even though the vast majority of addresses on the Bitcoin blockchain hold less than 0.1 BTC, they collectively own just 1% of the BTC that’s currently in circulation.
As Expected, #ACE failed to give any closing below the support and other candle barely giving any close to it. Price just reacted and made it push. Now, if price give a break below of $9.97 or $9.40 then we can anticipate some sells towards the support zone of $7.80.
Читать полностью…#FIDA breaking out on lower timeframe👀
Pump mode will be activated any time 🚀
Get in for quick gains✌️
#FIDA/USDT 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: $0.365 - 0.45 - 0.60 - 0.80
Stop if 1D closes below $0.2885
Here's the Analysis of #ATA :
#ATA is been made a new trading new and rejected sharply from the Major Resistance Zone of $0.138 - $0.140 and hodling the strong support zone of $0.120 - $0.122. Market Structure is truly bullish and expected a breakout too. In case price breaks below the Support Zone then we can go with the shorting opportunity in it and placing any order in between will be risky.
Asset performance in BTC and ETH are leading the pack, with YTD gains of +17.6% and +18.2%, respectively. We note that following the approval of the Bitcoin ETF, ETH has started to outperform BTC, which is a change from the relative underperformance throughout 2023.
On the other hand, the aggregate Altcoin market cap has not experienced the same performance, with YTD growth being less than half of the two majors.
#BTC didn't made any breakout instead made a push lower within the range. Price holding the previous swing low and building some more liquidity. Eventually it gonna swept by some candle and expected to reach the support around $50,000 and a bounce from there too.
Читать полностью…