#BITCOIN DAILY TF UPDATE :
#BITCOIN finally gave a breakout below the structural support or we can say a range which hovering over the month. The zone is been tested as resistance already and price might tap it again and hodl below it before falling as we've clean range looking left.
Here's the Analysis of #BNB :
#BNB is been consolidating between the major support zone of $209 - $220 and Resistance Area of $253 - $262. Small Channel pattern we can see where price went too major resistance again. Its waiting time for the #BNB. Short sells at major residence possible.
What is Descending Triangle ?
A Descending Triangle is a bearish chart pattern commonly seen in financial markets, including the cryptocurrency market. It forms when the price of an asset creates a series of lower highs, forming a descending trendline, while the lower boundary, known as the horizontal support level, remains relatively flat. This results in the formation of a triangle pattern.
Traders and investors interpret the Descending Triangle as a potential bearish continuation pattern. As the price consistently makes lower highs, it indicates increasing selling pressure and a reluctance from buyers to push the price higher. When the price breaks down below the horizontal support level, it confirms the pattern and may lead to further downward movement.
To identify a Descending Triangle, traders look for decreasing trading volumes during the formation of the pattern. A breakdown with a surge in trading volume further validates the pattern and increases the likelihood of a bearish trend continuation.
#ARB did gave a Breakout twice but didn't gave any daily closing yet, and this is why sometimes Daily Candle closure is important. Right now, price is trying to break below the zone again. If the Daily closes below then we'll look for sells after that.
Читать полностью…#BTC dropped after a shallow retest of the resistance back to the structural support zone and might continue to push lower. Now its a waiting time, if we break and close below $29,000 then we can see a clean move down till $26,000.
Читать полностью…#FIO/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: 82-92-102-115 satoshi
Stop if 1D closes below 67 satoshi
48 hours left for our Kucoin Mega Pump! As we said earlier The whales we have onboard for this mega pump are bigger than ever, and they’ll be pushing price up to new highs every minute, we’re not likely seeing many retracements before reaching our target of 800%-1000% gains, so market 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 800%!!
Read pinned post. Stay tuned.
#OP taps again inside the top of the range and might get a rejection from here. Alternatively, we have to look for a clear breakout of the break or a impulse buy after the 4H Candle Closure.
Читать полностью…Members don't forget to join upcoming Kucoin Mega Pump Signal on July 29, 4pm GMT Saturday. More updates will follow soon.
Read pinnes post. Stay tuned😊
3 days left for the biggest Kucoin Mega Pump we’ve ever seen!! The date for this pump was set to July 29th (Saturday) because the market conditions are perfect, and our goal is to make all our members the biggest potential profits. We have the largest whales in the market onboard, ready to push this pump above 800-1,000% gains. just as everyone saw with our previous mega pump signals.
Make sure to read our Exclusive guide on how to make the most profits from this Kucoin Mega Pump Signal:
https://telegra.ph/Guide-for-trading-on-Kucoin-09-29
As the market stays below the $30,000 mark, approximately 75% of the total supply finds itself in a profitable position, while 25% remains in a loss. Interestingly, this mirrors the same distribution seen during price consolidations in 2016 and 2019.
This equilibrium point, with 75% of supply in profit and 25% in loss, seems to be a significant balance for Bitcoin. Half of all trading days have experienced a higher Profit-to-Loss ratio, while the other half have seen a lower one.
#BTC moved lower after break and retest of the zone, Daily TF also given a close below of the zone strongly. Now, price is in a corrective phrase and drop after a tapping into resistance area around $29,500 and higher.
Читать полностью…#Bitcoin data often displays strangely repetitive patterns cycle after cycle. In the 2021-22 cycle, the $30,000 price level formed somewhat of a 'mid-point', and was tested several times both from above and below.
A very similar level was observed in 2013-16 around the $425 level, and again in 2018-19 at approximately $6,500. Note also that these levels were mentioned above, as points where a similar volume of supply was held 'in-loss'.
#BTC gave break below the zone as expected and price moving lower. Price is now open room for moving lower till next support zone of $28,160 - $28,200. I hope you followed our call and saved the positions.
Читать полностью…12 hours left until the biggest Kucoin Mega Pump Signal of all time! Everything is looking perfect for a massive call today.
- This time we are expecting gains anywhere from 800% to 1000% possibly even more as we already told you, our old whales have joined forces with new and even bigger whales, who will be pushing price up for hours.
- We will be using the USDT pairing, make sure you have USDT in your trading 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.
- Our call will have many waves as our whales will be buying with our members to support the price, there will be a lot of possibilities to profit during the call!
- Millions of traders worldwide will be watching and buying, we have put into place a few measures to spread the word out after our signal all over social media, we will attempt to make our gains last as long as possible.
We have put together a small guide on how to trade our signals effectively on Kucoin to make sure all our members are well prepared : https://telegra.ph/Guide-for-trading-on-Kucoin-09-29
Read pinned post. Stay tuned.
Dear members,
The big day has arrived. 24 hours remaining until the biggest pump signal of all time on Kucoin! The target this time will be 800%-1000% and beyond. This is one pump that you will definitely want to join for massive profits.The market conditions are perfect.A big pump is about to begin on Kucoin in only 24 hours, be prepared.
We have put together a small guide on how to trade our signals effectively on Kucoin to make sure all our members are well prepared : https://telegra.ph/Guide-for-trading-on-Kucoin-09-29
Read pinned post. Stay tuned.
The Trend Accumulation Score by Cohort below shows that the smallest entities (<100 #BTC) have slowed down their spending over the last month. On the other hand, the whale subdivisions (>1K #BTC) demonstrated divergent behavior, with >10K #BTC whales distributing and 1K-10K accumulating at a significantly higher rate.
Читать полностью…Notice Regarding the Removal of Selected Liquidity Pools on Binance Liquid Swap (2023-08-04)
https://www.binance.com/en/support/announcement/1b01b15e40054bc4868e4b9713cced80
#FIO/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: $0.02426-0.0295-0.034-0.042
Stop if 1D close below $0.01849
Here's the Analysis of #XRP :
#XRP is been on strongly rejected from the major resistance zone of $0.908 - $0.914 and made a new/ fresh consolidation range of below around $0.82 - $0.83 and support around $0.686 - $0.698. Price also formed the small rising wedge pattern where breakout is pending. Best thing to do right now, wait for the breakout.
By analyzing the proportion of the Market cap held at an Unrealized Loss, we can visualize the market's dynamics. During the primary bear phase, the market experiences a deep decline, leading investors to gradually exit their positions. As the market starts to recover and rally from its lows, profitability bounces back sharply, similar to the current scenario.
In past 're-accumulation periods,' the market lacks a clear macro direction, often trading sideways with volatility for several months. Now that the market has returned to this equilibrium point, it remains to be seen if a similar extended and turbulent process will be required to move beyond it.
#Bitcoin still on a corrective phrase but this time it nearly retested the zone as resistance and might have a drop now. Still there're chances that price might goes deep inside to test the area. Keep an Eye on the Movement.
Читать полностью…Here's the Analysis of #OP :
#OP is trading in a tight range of major support zone of $1.363 - $1.419 and Resistance Area of $1.558 - $1.597. Price has a chance to give a fakeout below to test the trendline. Overall, its better to wait for the price to breakout either side of the zones on Daily TF to see the clear direction.
What is Ascending Triangle Pattern ?
An Ascending Triangle is a bullish chart pattern observed in financial markets, including the cryptocurrency market. It is formed when the price creates a series of higher lows, forming the ascending trendline, while the upper boundary, known as the horizontal resistance level, remains relatively flat. This results in the formation of a triangle pattern.
Traders and investors interpret the Ascending Triangle as a potential bullish continuation pattern. As the price consistently makes higher lows, it indicates increasing buying pressure and a reluctance from sellers to drive the price lower. When the price breaks out above the horizontal resistance level, it confirms the pattern and may lead to further upward movement.
A breakout with a surge in trading volume further validates the pattern and increases the probability of a bullish trend continuation.
#SXP continues to float below the support zone turning it into resistance now. We already had a call with short sell, if you took it after candle closure then shift stops to BE and let see if its drops lower.
Читать полностью…Here's the Analysis of #ARB :
#ARB reached on the support zone of $1.166 - $1.177 after rejection from the major resistance zone of $1.305 - $1.318. Currently, price is on the and better wait for a Daily Candle to break through it for potential setups or form a support for buys from here.
What is Bearish Pennant Pattern ?
The Bearish Pennant is a bearish continuation pattern often observed in financial markets, including cryptocurrencies. It typically forms after a significant downward price move, represented by a flagpole, followed by a brief period of consolidation marked by narrowing price fluctuations, creating a pennant shape.
Traders and investors interpret the Bearish Pennant as a signal of potential further downside in the asset's price. The pattern suggests that market participants are taking a breather after the initial decline, and the prevailing downtrend is likely to resume once the consolidation phase concludes.
To identify a Bearish Pennant, traders look for decreasing trading volumes during the consolidation, indicating a potential decrease in buying interest. When the price breaks out below the pennant's lower boundary, it confirms the pattern and may prompt traders to consider entering short positions.
Here is the analysis #MASK:
#Price is hanging between support and resistance level. The upper resistance of the trading range is the $3.98-$4.09 zone and the support is the $3.10-$3.266 zone. There is no opportunity for long or short entries now and better to wait for some time.