What exactly is a Fear and Greed Index?
The Crypto Fear and Greed Index analyzes a basket of different trends and market indicators to determine whether the market participants are feeling greedy or fearful. A score of 0 indicates extreme fear, while 100 suggests extreme greed. A score of 50 shows the market is somewhat neutral.
A fearful market could be an indication that cryptocurrencies are undervalued. Too much fear in a market can lead to overselling and excess panic. Fear doesn't necessarily mean that the market has entered into a long-term bearish trend. Instead, you can think of it as a short or mid-term reference to overall market sentiment.
Greed in the market is the opposite situation. If investors and traders are greedy, there's a possibility for overvaluation and a bubble. Imagine a situation where FOMO (fear of missing out) causes investors to pump the markets, overvaluing Bitcoin’s price. In other words, the increased greed may lead to excess demand, artificially inflating the price.
#XRP gave a close below candle of the resistance area and going as predicted. Shorts were pretty high to take, if you took it then position running in good profits. Anticipating, further lower, based on 4H TF Around $0.4790.
Читать полностью…Here's the analysis of #ADA :
#ADA in been tending upward and approaching towards the major resistance area of $0.416 - $0.423. Currently, price trading near the minor resistance around $0.40. Not a good setup now so, a pullback is expected back to around $0.364, for potential buys
#AUCTION continues the push and directly achieved the 2nd target of $7.59. Price made a high of $7.89, which is around 38.91% in profits. I hope you secured your Position with the massive up-move.
Читать полностью…What is #Halving in Crypto ?
#Halving in cryptocurrency refers to a programmed reduction in the amount of new coins or tokens that are created as a reward for mining blocks on a blockchain network. This event occurs at regular intervals, and it is a critical part of the #protocol of many cryptocurrencies, including #Bitcoin and #Litecoin.
During halving, the #reward for mining new blocks is reduced by #half, which decreases the rate at which new coins are introduced into the #network. This is designed to control #inflation and maintain the #scarcity of the cryptocurrency. The process is mathematically predetermined, and it reduces the reward given to #miners in exchange for maintaining the network and validating transactions.
Halving typically results in a reduction in the supply of the cryptocurrency, which can lead to an increase in its #value due to the increased scarcity. This has been observed in the past during the halving events of #Bitcoin and other cryptocurrencies. Halving is an important event in the cryptocurrency #ecosystem and is closely followed by #traders, #investors, and other #stakeholders.
The Most Recent and Famous Example for #Halving occurred in the #Bitcoin network on May 11th, 2020. This was the third halving event in the history of Bitcoin. The block reward for mining a new block was reduced from 12.5 BTC to 6.25 BTC per block. This meant that miners received half of the reward for their work in validating #transactions and securing the network compared to before the halving.
This Most Upcoming Example of Halving will be #Litecoin, Check it Out Here.
#BNB trying to breakout of the zone small channel pattern and there's a minor break and close candle. Well, if we start breaking the highs of the previous candles then we can expect a continuous upmove till major resistance area around $333. Small scalping can be done here, take it accordingly.
Читать полностью…Wallet Maintenance for Ethereum Network (ERC20) - 2023-04-06
https://www.binance.com/en/support/announcement/c758df4409764a20985581ad0738194c
#LTC halving coming around in next 4 months. This is a Very Strong and Important Event for a Coin, which can shoot the price very aggresively as Date will approach nearby.
Читать полностью…Join our official big pump group,
Next 2000-3000% coin will be posted here:
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What Are Smart Contracts?
#Smart contracts are self-executing contracts that use blockchain technology to automatically enforce the terms of an agreement. They are computer programs that run on a blockchain and can #facilitate, #verify, and #enforce the negotiation or performance of a contract without the need for intermediaries. Smart #contracts can be used in a wide range of applications, including finance, real estate, supply chain management, and more.
They are designed to be #secure, #transparent, and #tamper-proof, with all transactions being recorded on a public #ledger that is accessible to all parties involved. Smart contracts eliminate the need for intermediaries, reduce costs, increase efficiency, and improve the overall #transparency and #trustworthiness of transactions.
Smart contracts have the potential to revolutionize the way we conduct business and interact with each other. They offer greater #transparency, #security, and efficiency, and can help reduce the #costs and risks associated with traditional contract enforcement.
Benefits of Smart Contracts ?
Distributed —> Smart contracts are replicated and distributed in all nodes of the #Ethereum network. This is one of the major differences from other solutions that are based on #centralized servers.
Deterministic —> Smart contracts only perform the actions they were designed to, given the requirements are met. Also, the outcome will always be the same, no matter who executes them.
Immutable —> Smart contracts can't be changed after deployed. They can only be "Deleted" if a particular function was previously implemented. Thus, we may say that smart contracts can provide tamper-proof code.
Customizable —> Before deployment, smart contracts can be coded in many different ways. So, they can be used to create many types of #Decentralized applications (#DApps).
Trustless —> Two or more parties can interact via smart contracts without knowing or trusting each other. In addition, #blockchain technology ensures that data is accurate.
Transparent —> Since smart contracts are based on a #public blockchain, their source code is not only #immutable but also visible to anyone.
#BTC Rejected from the Resistance area and spike down nearly to the bottom of the range. Looking into the Daily TF, Candles are still in conjunction showing not enough Volume for a breakout.
Читать полностью…Here's the Analysis of #SXP :
#SXP is been Trending with some aggressive moves irrespective of the market conditions and making Higher Highs & Higher Lows. Price tapped out the resistance area around $0.9100 - 0.9450. Well expecting a retracement now till $0.670 and $0.710. Alternatively, a breakout above the resistance, will open the next potential move till $1.10 & $1.15.
#AUCTION team is giving us indication for something big coming this week👀
It’s a must buy here🚀
#AUCTION/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: 2270-2675-3496-4125 satoshi
Stop if 1D closes below 1860 satoshi
#ETH breakout of the consolidation range, and easily hit out the expected next move around $1,850. Currently, Price is on a pull-back phrase, and might take the top range as support area. Price above major support will be considered as bullish.
Читать полностью…#Bitcoin now moving in a huge consolidation range and formed the strong support at $26,790 - $26,920 and Strong Resistance at $28,650 - $28,780. There's a structure support around $27,590 - $27,670, which will act as flip level. A bounce from there will continue the range and break below will lead in drop to strong support area
Читать полностью…#AUCTION in #BTC pair, also performed the same and achieved the 2nd target staight. Price made a high of 2788 Satoshi's which is 36.9% in profits. I hope you're enjoying our free signal
Читать полностью…Another Small Lot of #Bitcoin Acquired by #MicroStrategy 📈📈📈
Now they #hodl, a total of 140,000 #Bitcoin, which now worth $4.17B 🚀🚀
#Fear and Greed Index running at 62 and #YTD High is 68. This making positive impact and pushing day by day, making a Strong Bullish Sentiment in the Market 🚀🚀. Also to mention, that We're entering into the Greed Range Now, so careful with the Positions.
Читать полностью…#BTC again moves up till the resistance area and kinda rejecting again that level. Well, this scenario repeating again and again and only thing is to wait for a breakout. Hopefully, breakout will be done by this weekend 📈📉
Читать полностью…Notice of Removal of Trading Pairs - 2023-04-07
https://www.binance.com/en/support/announcement/60fff2470a2e428da6fa9e36ed9147ad
Here's the Analysis of #LTC :
#LTC moving from range to range or more likely to say, its ranging now. Price hovering below the major resistance zone of $97.80 - $102.40. Also, there's a Strong support zone at $86.55 - $87.20. Anticipating a continuation till resistance area for a retest and breakout above it. Price is bullish, above strong support level.
#BNB dropped towards the structural support and rejected it sharply. Price still maintaining inside the small channel pattern and moving. A buys comes above thr channel with a proper breakout. Alternatively, a candle Closure below the support will lear in shorts position.
Читать полностью…#DOGE goes as followed but didn't rejected from the resistance line. Price tested the support as expected, and if you took longs there, then you're in 33% profits. This sharp jump came from #Elon Musk Changes the Twitter Logo to Doge Coin Logo. Anticipating Retracement now, as this is a news driven move.
Читать полностью…#Elon Musk Changes the Blue #Twitter Logo to #DOGE Coin Logo, which tend to create in Hype for the #DOGE coin. Price jumped around more than 33%+ in past hour. Don't Fomo Buy here, we might some flash dump in some time 📉
Читать полностью…#AUCTION/BTC massive double bottom pattern with great RR.
#AUCTION flight is still on runway preparing for takeoff🚀✌️
#AUCTION chart is definitely looking very bullish here with a lot of exciting news coming this week🚀
Don’t miss #AUCTION rally in coming days✌🏻
#AUCTION/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: $6.36-7.59-8.98-10.05
Stop if 1D close below $5.14
#AUCTION team is giving us indication for something big coming this week👀
It’s a must buy here🚀