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Contact for any queries @Steffendude
Notice of Removal of Spot Trading Pairs - 2024-09-20
https://www.binance.com/en/support/announcement/81a24cffdec94316a4c99a780cd1641f
Here;s the Analysis of #PIXEL :
#PIXEL is been moving within the very large channel pattern and formed a fresh support zone of $0.11 and moving in a consolidating range below resistance too $0.17. Price kept on dropping and approaching towards the listing price. Take the setups, after the breakout.
We can increase our confidence in this assessment by inspecting the subsets within the STH investor cohort. Presently, all age bands within the STH cohort are holding an unrealized loss, with their average cost basis as follows:
🔴 1d-1w: $59.0k
🟠 1w-1m: $59.9k
🔵 1m-3m: $63.6k
🟣 3m-6m: $65.2k
#Bitcoin trying to push towards the $60,000 level and already trading with the major resistance zone. A small consoldiation was created which broked successfully. Now, we need to see a Daily Candle closure over $60,000 and H4, closing will be the early indication.
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What's the Difference Between SVM and EVM (Ethereum Virtual Machine)?
1. By now you may be thinking - isn't this virtual machine concept similar to Ethereum's EVM? Perceptive observation! SVMs and EVMs serve comparable purposes, but there are some key distinctions.
2. The major one? Parallel processing capabilities. EVM employs a sequential design that can only process one transaction at a time. But as discussed earlier, SVM leverages Sealevel to enable simultaneous execution.
3. This means Solana can deliver vastly higher transaction volumes without getting congested. We're talking thousands of transactions per second!
#US30 UPDATE :
#US30 perfectly played with the drawn zone and strongly rejected the zone again approaching towards the All-Time Highs. Price flipped the resistance and now act as support and expected to move towards resistance, 41,600 area.
Here's the Analysis of #ALPACA :
#ALPACA is been made a very clear break of the Falling Wedge Pattern and move straight towards the Major Resistance Area of $0.30 - $0.31. Ex[Expecting a drop towards the next strong support area around $0.13 and need to see some sort of reversal candlestick pattern for buys.
Keep buying, traders around the world are buying in!
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The coin we are pumping tonight is: TWIF
https://www.mexc.com/exchange/TWIF_USDT
Buy and hold for massive profits🚀
2 hours left until the mega pump on MEXC! Things are looking great for us and we will definetly be expecting a very nice pump!
Here is a list of things you need to know before the pump:
- The faster you buy the more profit you will make, buying early is the most important factor that will determine your profits.
- If you are using market buy , using the 100% option won't work , instead use between 75% and below.
- The pump will be free for all and on MEXC, the signal will be given on all our telegram groups at the same time
Dear members,
3 hours left until the biggest pump we have ever done on MEXC!
- Our target will be 50X-100X gains today. We will be using the MEXC exchange to pump.
- We will be using the USDT pairing to buy, make sure you have USDT in your 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.
- After buying, we highly suggest to place buy orders below the market price as the price moves up.
#CRV gave minor break of the pattern but now a healthy breakout. Price in the end we can see started consolidating, and now aiming for a breakout. Take the opportunity as per the break and H4 Candle closure.
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Exactly 12 hours left for the biggest MEXC Mega Pump we’ve ever seen, expect profits of no less than 5,000% and a volume never seen before, our big whales will be pushing price up for hours after our initial signal, getting the biggest volume from outside traders, and making sure all our members make huge profits again!
Make sure you have “USDT”in your “MEXC wallet”before pumping. Be ready at 4pm GMT today.
Dear members,
Exactly 24 hours left for our biggest MEXC pump signal in history!! We expect the maximum number of participants in this pump, reaching millions of traders from every corner of the world. The whales we have on our team for this pump are the biggest we’ve ever had, We’ll be constantly pushing the price higher, not likely seeing many retracements. Buying and holding as soon as the signal is announced will be the most profitable strategy. Our goal in this pump is to guarantee all our members the biggest profits possible, aiming at a minimum of 5000%!! Big reminder that we are doing the mega pump on MEXC.
#BTC gave a Daily candle close of the Major Level but still have the rejection from the previous swing point. Price exactly rejected the draw level and expected to reach out the support zone around $60,000 and slightly below before moving up.
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What Causes Congestion and High Fees on EVM Blockchains?
This single-threaded limitation is a huge contributor to congestion and high fees on EVM chains.
When transaction volume surges, EVM can't scale up. Everything must be processed sequentially by that single core. The backlog accumulates, and users fiercely bid up gas fees trying to cut in line.
However, SVM and its parallel architecture can utilize more cores to efficiently manage spikes in traffic. The extra throughput prevents congestion and keeps fees low.
SVM’s Localized Fee Markets vs EVM’s Global Fee Market
Alright, last technical comparison - transaction fees.
EVM employs one global fee market across the entire network. With only one lane, activity in one dApp can jam up an unrelated dApp.
But SVM supports localized fees for each transaction. So, an NFT trade won't affect prices for a DeFi swap.
This keeps network access fair and traffic moving smoothly. Plus, dApps can subsidize fees for their users if desired.
What Emerging SVM Rollup Solutions Are Expanding the Reach of SVM?
Let's shift gears and discuss SVM adoption.
Lately, developers started building rollup solutions using SVM. Rollups bundle transactions off-chain before settling on Layer 1s like Ethereum. These allow developers to deploy SVM contracts on other chains while retaining Solana-level speeds.
#GOLD UPDATE :
#GOLD moved perfectly, and hit the new #ATH yesterday. Analysis going perfectly and now in a minor retracements, today NY might come up with new All-Time Highs or a Deeper retracements to market structure points. Also, a small consolidation happening too, so breakout will lead out.
Here's the Analysis of #DUSK :
#DUSK rejected hard from the major resistance area of $0.23 - $0.24 and currently, given a close below of the Strong support zone of $0.19 - $0.20 and now expected to reach out the Next Major Support Zone of $0.144 - $0.149. Try getting in shorts with market sentiments.
The STH MVRV Ratio, which has collapsed below the breakeven value of 1.0. This metric trades at levels similar to Aug 2023 during the recovery rally after the FTX failure.
This tells us that the average new investor is holding an unrealized loss. Generally speaking, until the spot price reclaims the STH cost basis of $62.4k, there is an expectation for further market weakness.
#Bitcoin closed nearly a Engulfing on weekly TF, price touched the $60,000 and came rejection too. Price entered the Major Support Zone, and now holding too. Nearly a last structural support area, and high chances of the bounce from here.
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#TWIF/USDT Mega Signal Recap 🚀
With 140k USDT in volume and a peak of 2840%, our recent pump didn’t fully meet expectations, and for that, we sincerely apologize to our community. We achieved a 30X profit peak, a solid result, but not the high standard we strive for.
It appears many trading bots were triggered during the first wave, leading to a faster-than-expected price dump. However, our whales stepped in and absorbed much of the selling pressure, keeping the market stable.
Congrats to those who acted swiftly—many secured significant profits within the second-minute candle!
Looking ahead, we’ve learned valuable lessons and are confident we’ll be able to counter bots in future pumps. Get ready—our next Mega Pump will be the biggest yet!
We’re going higher!!🚀
Buy #TWIF and ride the mega pump wave!🚀
Big waves starting now, buying every small dip before a new high!!🚀🚀
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Dear members,
1 hour left until the MEXC pump!
A massive 50X-100X pump is about to happen in only 60 minutes. We will be using USDT for this call, make sure you have “USDT”in your “MEXC wallet”before pumping.
If we take the ratio between total Unrealized Profit and Unrealized Loss, we can see that profits remain 6x larger than losses, supporting the above observation. Around 20% of trading days have seen this ratio above the current value, underscoring the surprisingly robust financial position of the average investor.
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📣 6 hours remaining until our pump on MEXC! Our pump will be free for all and everyone will receive the signal at the exact same time. A few tips before we begin : Buying early and fast is very important! Make sure to be active during the pump. If you buy and sell for a profit we suggest adding a buy order at a lower level afterwards to ride the waves and help support the pump, never sell on the buy supports! Instead sell slowly in parts as the price goes up. We are aiming at 50X-100X gains today possibly even more, make sure you have “USDT” in your “MEXC wallet” before pumping.
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#BITCOIN WEEKLY TF UPDATE :
#BITCOIN on Weekly TF, nearly goes towards the support and kinda retraced. Price doing some sort of Bullish Engulfing which might create the top wick. Overall, we already had a stop hunt, to its confusing to get the directional bias, Lookin for a monday market open clear view.
Here's the Analysis of #TRX :
#TRX had its good time because of its meme coins initiative, hodling above the build-up support zone of $0.14 - $0.15 and just below there's a major support zone around $0.141 - $0.143. Expecting a decent drop to there a buys looks good too.
As downward price pressure intensifies, Bitcoin's unrealized losses remain historically low at just 2.9% of market cap. This indicates that despite recent price declines, the average investor is still in a profitable position. The low level of unrealized losses suggests that the market may have more resilience against further downturns, as there's less risk of panic selling from investors trying to cut losses.
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