116879
Contact for any queries @Steffendude
Here's the Analysis of #LINK :
#LINK is been flipped below the strong level of $6.243 - $2.302 and will act as strong resistance now. Price ay continue to drop from here, and potentially hodl from the supporting uptrend line. Take it Accordingly as #BTC is lying on support now.
Looking at the distribution of Unspent Realized Price for the Short-Term Holder (#STH) cohort in Bitcoin, we can see that 74% (2.02 million out of 2.72M #BTC) of the STH supply is currently in a profitable position, while 26% (705,000 out of 2.72M #BTC) is underwater.
It is worth noting that approximately 560,000 STH coins (21%) are closely aligned with the current spot price, indicating that a significant portion of the STH #supply is particularly responsive to price movements.
#BITCOIN DAILY TF UPDATE :
#BITCOIN is doing as the same, the problem of that resistance still having issue with the price, and ranging. Price already completed its impulse and build a support around $29,660 - $29,880. This support is very important to be hodled as we've clean move down there, if broken.
🛎New Signal announcement!
Hello everyone, we're thrilled to announce that our next Kucoin Mega Bull call is coming up soon! Here are the details:
🗓 Date: Friday, July 14
⏰ Time: 16:00 GMT
🏦 Exchange: Kucoin
💰 Cost: Free for all
🚀 Target: 500%-1000% gains
After the huge success of previous signal and hours of discussion with our team, we have decided to schedule our next signal in 7 days to make sure that we are well prepared. 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 Mega Bull Call 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. As noted earlier Our Mega Bull Call take place on Kucoin because Kucoin is the best place to profit from small cap gems. There are a lot of trading pairs listed which allow us a breadth of options. Many retail, algo, and daily active traders use Kucoin and will add additional volume to our signals. Also there is very little hidden sell pressure in the orderbooks, we believe that with our massive buying power we will be able to reach 1000% easily possibly even more. 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 7 days to prepare for this massive Kucoin Mega Bull Call, this event will be the biggest one that we have done in the history of our group and will top our previous ones in terms of % gain. Be ready for further announcements and don’t forget to turn on your push notifications for our channel! See everyone this Friday at 16:00 gmt. Stay tuned
#Bitcoin Miners continue to remain profitable, with the delta between the spot price, and the estimated cost to produce a single coin residing at +$7.6K.
⚫ Spot Price: $30.5K
🟣 Estimated Production Cost: $22.9K
🟢 Spot Price to Production Delta: +$7.6K
Here's the Analysis of #FIL :
#FIL is been strongly rejected from the major resistance zone of $4.80 - $4.94 and lying on a support zone of $4.33 - $4.37. Its Daily TF, wait for the candle to close, as it a range between the zone. A closure will be high probable trade for us but you can also trade this range once 4H support held.
Trend can be seen in the contrast between the amount of #Bitcoin held in exchange wallets and the volume of coins held in wallets that are rarely used for transactions. The number of Bitcoin held in illiquid wallets, which have a limited history of being spent, has reached a new all-time high of 15.2M #BTC. In contrast, the amount of Bitcoin held in exchange wallets has dropped to its lowest level since January 2018, standing at just 2.3M #BTC. This divergence suggests a growing preference among Bitcoin holders to store their coins in secure, long-term storage rather than keeping them readily available on exchanges.
Читать полностью…
#COMP in 4H TF flipped above the resistance which open the gate for buys, if you took it then you're in 7.6% profits. Moved stops to BE and Daily TF, Strongly rejects the a major support, so price may continue to push up.
Читать полностью…
Here's the Analysis of #COMP :
#COMP been broken below the major level around $57.70 - $58.50, which is currently, retesting as major resistance zone. Potentially, we might reject it from here and might drop to structural support zone around $50.10 - $51.00. Alternatively, if 4H candle flip above the area then we can push till major area around $66.55.
The Wealth is shifting from short-term investors to long-term Hodlers in the Bitcoin market. This trend of increasing illiquidity has been a key factor in previous bull markets. However, for the trend to continue, it also relies on new #demand entering the market.
In Simple word, A transfer of wealth from short-term investors to long-term holders in #Bitcoin and with that understanding the momentum of supply can help us gauge the strength of demand and its impact on the market.
#TOMO gave a breakout to the downside and moved around 6% in favor after a retest of the level. Trade goes as planned, its time to move stops at Breakeven and hodl it till wickfill around $0.931.
Читать полностью…
Here's the Analysis of #GRT :
#GRT is been tapped deeply inside the major resistance zone of $0.132 - $0.135. Price now rejecting the zone and might drop continue till strong support zone of $0.113 - $0.115. Its a high risk setup, take the low volume.
#TKO on verge of breakout on higher timeframe
It’s better to build position here for insane gains😊
#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: 982-1149-1347-1550 satoshi
Stop if 1D closes below 775 satoshi
#TOMO build-up an consolidation range after a huge drop and waiting for breakout to take potential setups. A buys above $1.113 after closure will be good and sells below $1.024.
Читать полностью…
What is Unspent Realized Price Distribution ?
Unspent Realized Price Distribution refers to the distribution of the average acquisition prices of coins that have not been spent or moved since they were acquired. It provides insights into the profitability of the remaining unspent coins based on the prices at which they were acquired.
In the context of Bitcoin, Unspent Realized Price Distribution helps analyze the profitability of different cohorts of coins that have not been spent. It divides the unspent supply of Bitcoin into different cohorts, such as Long-Term Holders (LTH) and Short-Term Holders (STH), based on the duration of coin holding.
By examining the Unspent Realized Price Distribution, we can assess the average acquisition prices of the remaining unspent coins held by each cohort. This information provides an understanding of the profitability and potential selling behavior of different investor groups.
#GRT performed very well, its a high rusk setup and dropped around 14.7% from the call, towards the strong support zone. I hope you took the Take-Profit out there. Currently, daily looks good, buys may go from here.
Читать полностью…
Here's the Analysis of #SOL :
#SOL is been floating towards the resistance level of $22.00 - $22.30 and Nearly rejected from there. Price may tap inside the zone and rejects completely down to around $19.40 and $17.60. As of now, wait for the price to tap inside the zone.
#FIL likely to move lower as 4H give a close below, while daily closure is pending. If there's another attempt in break, then we can start a short-sell this. Take it is accordingly, as weekend is on and low volume is expected.
Читать полностью…
Already told you, #BTC is in a consolidation and getting rejected multiple time over the $31,370 level of resistance. Finally, its on a support now around $29,820 and holding. Keep an eye of its breaks below, then Daily Structure will turn bearish and we can see s strong push down towards $25,000.
Читать полностью…
What is Double Bottom in Trading ?
Double #Bottom is a technical chart pattern commonly used in trading analysis considered as #bullish reversal pattern that forms after a #downtrend, indicating that the market may be ready to #reverse its direction.
The pattern forms when the price reaches a low point, then #rebounds, and then declines again to the same low point as before. However, it fails to break through this level and rebounds again, forming a #second bottom at the same price level. The two bottoms are usually connected by a line, forming a horizontal #support level.
This pattern signals that the selling #momentum has been exhausted, and the bulls/ buyers are #gaining control of the market. #Traders who recognize this pattern may look to buy or go long, betting on a potential #price increase.
#BTC broke below the structural support and in a retest phase where it could drop potentially lower. The next potential area would be around $29,820 - $29,890. On Daily TF, structure is bullish, so a deeper retest is better at this point.
Читать полностью…
What is Digital Signature ?
A digital signature in #crypto refers to a #cryptographic technique that provides authentication, integrity, and non-repudiation for digital messages or documents. It is a mathematical scheme that verifies the #authenticity and #integrity of digital data.
In simple terms, a #digital signature is like a virtual fingerprint that ensures the #message or document has not been tampered with and verifies the identity of the sender. It provides a way to prove that a particular message or document was indeed created by a specific person or entity and has not been modified during transit.
The process of creating a digital signature involves using a #private key that is unique to the signer. This private key is used to generate a digital signature, which is attached to the message or #document. The recipient can then verify the signature using the corresponding #public key, which is publicly available. If the signature is valid, it confirms that the message or document has not been altered and comes from the claimed sender.
Digital signatures are an essential component of many cryptographic systems, including #cryptocurrencies. They ensure the security and #authenticity of transactions, preventing fraud and unauthorized modifications. They play a crucial role in establishing trust and maintaining the integrity of digital communication and transactions in the #crypto space.
Greetings to everyone,
Our last KuCoin Mega Bull Call broke all records and to celebrate the upcoming Mega Bull Call we're giving our community an amazing surprise in this bear market. the biggest crypto whales wants to help our community and a total of $15k will be given to eligible participants.
Join the bot @WhalesGiveaway_Bot and get your unique referral link. Share the link with your friends, and family, and on your social networks.
To be eligible for the giveaway you need at least 5 referrals through the link and must follow the rules mentioned in the bot.
The winner with the most number of referrals will get a $5000 reward. Here are full details of how rewards will be given:
🔝RANK 💰REWARD
1 $5000
2 $3000
3 $2000
4 $1000
5 $750
6-10 $250
11-50 $50
The final results will be announced on 31th July. Good luck.
#BTC is bouncing off the structural support zone around $30,500. This support doesn't really matter, if price have to go lower and still its a consolidation. IF we break below the structure, we can go lower till support. And we've resistance sitting above $31,370. Eye on a Breakout 👀
Читать полностью…
#TKO/BTC falling wedge breakout is done on 12H TF. A joyful ride is expected 🚀
Читать полностью…
#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: $0.3062-0.3645-0.4330-0.5800
Stop if 1D close below $0.2370
What is Digital Dollar ?
A digital dollar refers to a digital form of the United States dollar (USD) that exists solely in electronic or virtual form. It represents an evolution in the way currency is issued, stored, and transacted. While physical cash remains the primary form of money in circulation, the concept of a digital dollar aims to harness the benefits of technology and provide an alternative digital representation of the USD.
Back in May 2021, the Digital Dollar Project was announced, according to which five U.S. central bank digital currency pilots will be launched in the near future, in an effort to promote the US dollar as a form of digital currency around the world.
By digitizing the dollar, it becomes possible to conduct transactions electronically, without the need for physical cash or traditional banking systems. This can potentially streamline payment processes, reduce transaction costs, and enhance financial inclusion by making digital transactions more accessible to individuals who may not have access to traditional banking services.
A digital dollar could be implemented using various technologies, with blockchain being one of the most commonly considered options. Blockchain technology provides a decentralized and transparent ledger system that ensures the security and integrity of transactions. It enables the issuance, tracking, and verification of digital dollar transactions, creating a tamper-proof and auditable record.
The benefits of a digital dollar extend beyond convenience and accessibility. It could also enable the government to have better visibility into the flow of money, enhance anti-money laundering measures, and facilitate the distribution of government benefits and stimulus payments more efficiently. Additionally, a digital dollar could support the development of smart contracts and programmable money, opening up new possibilities for automated transactions and financial innovation.
However, the implementation of a digital dollar also raises important considerations and challenges. Privacy, security, and regulatory frameworks need to be carefully addressed to ensure user protection and prevent illicit activities. Questions regarding the role of intermediaries, central bank control, and monetary policy implications also need to be carefully examined.
This Chart shows Realized price of short-term holders, and long-term holders and The weighted average value reflecting short-term holders' holding value is $26,200, and long-term holders' holding value is $37,370. Overall, we've let with strong hand in the market.
Читать полностью…