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#ARB flipped below the Major support zone, which turned to be a major resistance now. Price already retested and fell lower, but similar thing is anticipated to happen and push till support area around $1.05. Below that, we've clean range to left too.
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#Bitcoin gave a break below of the consolidation range and gave a strong rejection from the strong support zone of $25,900 - $26,050. Its a have liquidity wick, so might gonna see a wick fill soon. Price will remain bearish below $26,500 zone.
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🛎New Signal announcement!
Hello everyone, we're thrilled to share that our next Kucoin Mega Bull call is coming up soon! Here are the details:
🗓 Date: Sunday, May 28
⏰ Time: 17:00 GMT
🏦 Exchange: Kucoin
💰 Cost: Free for all
🚀 Target: 500%-1000% gains
We've been working hard behind the scenes to secure support from new whales. With the support of our giant market whales and In combination with a lot of Discord groups and Telegram groups we have more reach than ever before! and we are ready to unveil our next big pump signal on Kucoin.
We expect our upcoming signal to be massive as our whales going to make multiple waves during call and heavy buying after our members to make our peak maximum and last longer. We are doing this signal on KUCOIN for multiple reasons. 1st of all, we believe that with our massive buying power we will be able to reach 500%-1000% easily possibly even more. 2nd of all, Kucoin doesn't require KYC meaning you can make an account there without verifying your identity and get past any restrictions other exchanges could have. Finally, there is very little hidden sell pressure in the orderbooks. Our main goal for this signal will be to make sure that every single member in our group makes a massive profit. With our ability to keep creating the most powerful and biggest signals , we will take every opportunity we can get. We welcome everyone to join us as we create the next big event all traders and investors all over the world have been waiting for.
We have 4 days to prepare for this massive Kucoin Mega Bull Call, Look for us to make a strong comeback with upcoming Mega Bull Call. Truly this may be one of our greatest call ever. See everyone this Sunday at 17:00 gmt.
Stay tuned | Happy trading 😊
#SOL Sell-off from there as anticipated, Not is a very good Profits, but if you opened the short-sells positions then BE the stops as price reached the structural support area around, even though it broke through it but still there's an rejection area, so be careful.
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Notice of Removal of Trading Pairs - 2023-05-26
https://www.binance.com/en/support/announcement/d2c3ba4339604af2855bfe950d1ceaa4
#TKO/BTC formed the massive double bottom. Big pump any time soon🚀
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#TKO/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: 1203-1475-1798-2050 satoshi
Stop if 1D closes below 962 satoshi
Currently, the #aMVRV is recording a value of 1.09, suggesting just 9% unrealized #profit remains within in the market. This is coincident with what were historically oversold levels in both the 2018, 2019 and March 2020 cycle lows.
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#BTC reached the other end of the range as expected with a solid high volume candle. Currently, price is trying to breakout of the zone and need to see a 4H and Daily closing as well. Remember, we've whole lot of rejection area now.
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What is TRC-20 Standard ?
#TRC-20 refers to a technical standard for creating and implementing tokens on the T#RON blockchain network. TRON is a decentralized platform that enables the development of decentralized applications (DApps) and smart contracts. TRC-20 tokens are similar to #ERC-20 tokens on the Ethereum blockchain.
TRC-20 tokens adhere to a set of predefined rules and #protocols, allowing developers to create and manage their own tokens on the TRON network. These tokens can represent various digital assets, such as cryptocurrencies, utility tokens, or #even tokenized assets like real estate or securities. TRC-20 tokens can be easily traded, transferred, and #stored on the TRON network and are compatible with T#RON wallets and exchanges that support the TRC-20 standard.
The TRC-20 standard provides a high level of #interoperability and ensures that tokens created on the TRON network have consistent functionality and compatibility with other TRON-based applications. It has contributed to the growth of decentralized finance (#DeFi) and the development of a vibrant token #ecosystem within the TRON network.
#ARB gave fake-outs, over the triangle pattern and but did the reversal and strong break below. Most of you didn't catch the move, as it was complex. Currently, price is on the bottom of the major support zone and can be potential after a breakout.
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Here's the Analysis of #OP :
#OP is been a pull-back phrase and rejected the strong resistance zone of $1.80 - $1.85 and is been in a structural support area of $1.61 - $1.62. If we see break-below of this support, then a clean move is expected till $1.50 and lower, which can be a short-selling opportunity. For buys, you should wait for confirmation.
Keep buying, traders around the world are buying in!
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#SOL drops sharply and goes around 6.8% in our favor. Price made a strong and large wick to the down side, which shows aggressive buyers. Currently, a retest is happening at the resistance area (Red Box), where, price can print a fresh Lower Low.
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Here's the Analysis of #WAVES :
#WAVES is been rejected today from the major resistance zone of $2.05 - $2.10 and is been testing the local support area. Well, if this is the end of the trend then we can see a drop till strong support zone around $1.82 - $1.86. Price action doesn't seems good, so better wait for the opportunity.
This phenomena is also reflected across #LTH (Long-Term Holder) Supply (coins held > 155-days), which is at a new #ATH of 14.46M #BTC. This reflects coins acquired immediately after the #FTX failure maturing into LTH status.
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#BTC didn't able to give any closing above and rejected sharply from there. The consolidation range continues and will reach back to support zone around $26,570. Still no sign of breakout, let's wait for it.
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Here's the analysis of #SOL :
#SOL flipped below the strong area of $19.90 - $20.00 and now act as the strong resistance area, where price can sell off. Alternatively, anticipating longs in case price flip the level and structure too, shift will be at $20.20
#TKO/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: $0.3295-0.4575-0.6895-0.8045
Stop if 1D close below $0.2600
What is #MVRV Ratio ?
The #MVRV (Market Value to Realized Value) score is a metric used to assess the #valuation of a cryptocurrency by comparing its market value to its realized value. The #MVRV score helps to gauge whether a cryptocurrency is overvalued or undervalued based on its #historical price movement.
The market value of a #cryptocurrency refers to its current price multiplied by the total supply of #coins in circulation. On the other hand, the realized value takes into account the price at which each coin last moved on the #blockchain, essentially measuring the average price at which investors acquired their holdings.
So what does that Indicate ?
#MVRV Values > 3.5 has generally served as a strong signal for late stage #bull cycles, and heightened probability of heavy #distribution or simple indicate a potential Market Top.
#MVRV Vales < 1.0: indicates that a large cross-section of the #supply is near break-even, or held at a loss. These low values have typically provided strong signal of market capitulation and late stage #bear accumulations or Simply Indicate the Market Bottom.
#BTC.D (#Bitcoin Dominance) Update :
#BTC.D Formed an another range after a breakout of the previous range from major resistance. Index forming a triangle pattern, which tend to decide the alts move. Conditions remains the same, if #BTC remains stable then we can expect heavy volatility in alts, so keep an eye on breakout
Here's the Analysis of #GALA :
#GALA is been back inside the consolidation range and kinda made fakeout above the resistance area of $0.0313 - $0.0316. A rejection is expected over the structural resistance area around $0.030. You can look for shorting opportunity over there.
Considering the possibility that the November low serves as a significant long-term bottom for #Bitcoin, it is worth noting that the extent of price declines during the recent upward movement is relatively minor compared to previous cycles.
🟡 Genesis to 2011 Bull Peak Drawdown: -49.4%
🔴 2011 - 2013 Bull Peak Drawdown: -71.2%
🔵 2015-2017 Bull Peak Drawdown: -36%
🟢 2018-2021 Bull Peak Drawdown: -62.6%
⚫️ 2022+ Bull Peak Drawdown: -18.6%
#BTC failed to even retest the top range/ resistance and slides down towards the support zone of $26,500 - $26,570. Price made a strong bounce over there and is already caught in a range. Expecting to reach out the other end of the range around $27,350.
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Our whales manage to sustain #LMR at 2x for more than 5 minutes but team was injecting selling pressure continuously which results in drawdown but still this signal was safest call for our community as we made peak 3 minutes later which allowed many of members to make some nice profits during our call.
We will bounce back hard next time for sure and will do a 500-1000% gain signal for our community in just a short period of time.
Stay tuned 😊
The coin we have picked for today's Mega Bull Call is: LMR
https://trade.kucoin.com/LMR-USDT
Buy and hold for massive profits