#XRP NOT A SECURITY RULES JUDGE TORRES IN THE #SEC #RIPPLE LAWSUIT!
BIG WIN FOR CRYPTO!!🚀
What is Triple Bottom ?
The triple bottom pattern is a bullish reversal pattern observed in financial markets, particularly in stock trading. It is characterized by three consecutive troughs or lows forming near a similar support level. This support level acts as a floor, preventing the price from declining further and indicating potential exhaustion of the downward trend.
As the price approaches the support level for the third time, traders closely watch for signs of strength and a potential reversal. Typically, the trading volume decreases during the formation of the pattern, suggesting a lack of selling pressure and diminishing bearish momentum. This declining volume further supports the possibility of a trend reversal.
The three troughs, also known as swing lows, represent failed attempts by sellers to push the price below the support level.
#AVAX continues to move lower and volume is kinda dead in the market these days. Still trade managed to move around 8.8% in profits and approaching near the TP area. Move stops to Breakeven and hodl it.
Читать полностью…Here's the Analysis of #ARB :
#ARB moving in a large range over the major support zone of $1.05 - $1.08 and is been rejected of from the downtrend resistance line. Price made a small consolidation over, which makes it bit tricky. You can look for buys above break of the range or break below of the major support area.
What is Triple Top ?
The triple top pattern is a bearish reversal pattern that traders look for in the markets. It is characterized by three consecutive peaks in the price of an asset, all occurring near a similar resistance level. This resistance level acts as a barrier, preventing the price from breaking higher and signaling potential exhaustion of the upward trend.
As the price approaches the resistance level for the third time, traders closely watch for signs of weakness and a potential reversal. Typically, the trading volume decreases during the formation of the pattern, indicating a lack of buying interest and diminishing bullish momentum. This declining volume further supports the notion of a potential trend reversal.
The three peaks, also known as swing highs, are key components of the pattern. The formation of these peaks, combined with decreasing volume, serves as a warning sign for traders to be cautious about further upward movement.
With the #Bitcoin halving just 290-days away, we can also see the relationship between these transitional periods and halving events, which tend to occur around two-thirds of the way through the journey.
Читать полностью…Updates on Tick Size for Spot Trading Pairs (2023-07-19)
https://www.binance.com/en/support/announcement/98fe5090addb4775bd53c7a1da12687a
3 days left for the biggest Kucoin Mega Bull Call in the history!! A group of the largest whales in crypto (we’re talking wallets holding over 1,000 BTC) have joined our team for this Kucoin Mega Bull Call, and we’re ready to send it higher than any other big pump seen before!!
We have put together a guide on how to trade our signals effectively on Kucoin to make sure all our community is well prepared :
https://telegra.ph/Guide-for-trading-on-Kucoin-09-29
Shark entities, holding between 100 to 1,000 #BTC, are witnessing a favorable increase in their balance, acquiring a substantial volume that accounts for 36% of the newly mined supply. Conversely, whale entities, holding more than 1,000 #BTC, along with #miners, are net sellers, releasing a #volume that represents 70% of the newly #mined supply from their holdings.
The market seems to be experiencing a phase of steady #accumulation, indicating a hidden demand even amidst recent regulatory challenges.
Notice of Removal of Trading Pairs - 2023-07-13
https://www.binance.com/en/support/announcement/3e82983b9b614d3facea143ef97efb2d
Here's the Analysis of #KAVA :
#KAVA rejected hard from the major resistance zone of $1.195 - $1.275 and is been consolidating inside the range. Potential Buys after candle closing above $0.982 and short s below $0.0.890. Mark the zone and take the opportunity carefully.
Around 146,000 #BTC Per Month are currently flowing into these #illiquid wallets, supporting the case for a gradual and steady accumulation taking place.
Читать полностью…Well, #BTC still consolidating and its Monday only. Wait for the sessions to open up and we may see some volume driving price either side. If this range continues, trade with it. Weekly, candle closed below the zone, so be careful
Читать полностью…What is Realized Price Distribution ?
Realized Price Distribution refers to the distribution of the average price at which coins have been acquired or spent in a given timeframe. It provides insights into the profitability of different cohorts of coin holders based on their acquisition prices.
In the context of Bitcoin, the Realized Price Distribution helps analyze the price levels at which coins were acquired and whether they are currently held at a profit or loss. It divides the total 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 Realized Price Distribution, we can assess the percentage of coins held by each cohort that are currently in a profitable or underwater position. This information provides an understanding of the sentiment and behavior of different investor groups and can offer insights into potential selling or buying pressures in the market.
Overall, Realized Price Distribution helps gauge the average acquisition prices and profitability of different cohorts of coin holders, shedding light on the dynamics and trends within the Bitcoin market.
#SOL tapped inside the resistance area as mentioned, and thats the power of waiting. If you took the entry then hodl it and manage it as price moves. IF #BTC goes aggressive, then we can see a flip above the zone, so BE as soon as possible.
Читать полностью…24 hours left for our biggest Kucoin Mega Bull Call ever! 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, with each wave being bigger than the previous one, giving all our members the chance to buy and hold for maximum profits! We’re aiming at a 500%-1000% gains, so be ready!!
Читать полностью…With the Data, we can see that, Return in #Bitcoin is decreasing with Halving. The phenomenon of diminishing returns is evident across Epochs, which is a natural outcome as the market expands and capital flows increase over time.
Читать полностью…#BTC in hourly TF, moving from range to an another range within a large consolidation. Well, weekend is about it hit up and no breakout yet. The support will remain the same and resistance at $31,370.
Читать полностью…48 hours until our Kucoin Mega Bull Call
Everything is looking perfect for the biggest Kucoin Mega Bull Call! The target this time will be 1000%+ gains possibly even more. BTC has done major break of structure and consolidating in a bull flag. It is getting ready for a massive breakout, which would signal a bull run in altcoins. with the power of our whales and our volumes being high, the odds of reaching 1000%+ profit will be very high once again. We will do everything in our power to make sure we reach this target, if you have missed our previous big successful calls, this is also the one you will not want to miss.
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. Sign up now if you havent yet, We have also put together a small guide on how to trade our Mega Bull Call 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
#KAVA continues to push up and reached the structural resistance made peaked the profit around 9.5% in favor. I hope you secured some right there. Now, we've next resistance up right at at $1.120, which is the major TP area.
Читать полностью…#BITCOIN WEEKLY UPDATE :
#BITCOIN Weekly Candle gave a close below the zone but this week candle to kick back up above the zone. Overall, Daily and Other LTF is ranging, so eyes on weekly candle. Probability is higher it might reject and close below.
Here' the Analysis of #ATOM :
#ATOm is been on the strong support level of $8.72 - $9.19 and also following the bear flag formation. Price almost gave a breakout below the but it on a support we cannot take a sell. Better wait for a break for below to sells and buys after resistance trendline break.
What is Falling Wedge Pattern ?
The Falling Wedge pattern is a commonly observed technical analysis chart pattern. It is similar to the rising wedge pattern but in the opposite direction and scenarios.
The Falling Wedge pattern suggests a potential bullish reversal in a downtrend. It is characterized by contracting price ranges and diminishing trading volumes. Traders interpret this pattern as a sign of diminishing selling pressure, as the price consolidates within the narrowing wedge.
Typically, the price eventually breaks above the upper trendline/ Diagonal Resistance line of the Falling Wedge, indicating a potential upward breakout. This breakout is often accompanied by increased buying interest and can lead to a significant price rally.
While the Falling Wedge pattern can offer valuable insights into potential market reversals, it is crucial to consider other technical indicators and fundamental factors before making trading decisions.
#KAVA gave a breakout of the consolidation range and moved higher after being retested. If you took the trade then manage it as soon as it crosses $1.04 level. Early BE would be Preferred.
Читать полностью…#BTC continues of the range and might gonna take a retest back to $31,373 level of resistance. Well, This Weekly close is very important, to see and also a break is expected throughout this week.
Читать полностью…What is Rising Wedge Pattern ?
The Rising Wedge pattern is a technical analysis chart pattern. It is formed by drawing trendlines connecting higher swing highs and higher swing lows. The lines converge in an upward direction, creating a wedge-like shape.
The Rising Wedge pattern indicates a potential reversal in an upward trend and often suggests a bearish outlook. It is characterized by a series of narrowing price ranges and decreasing trading volumes. Traders interpret this pattern as a sign of weakening buying pressure, as the price moves within a tightening range.
Typically, the price eventually breaks below the lower trendline of the Rising Wedge, leading to a downward move. This breakout is often accompanied by increased selling pressure and can result in a significant price decline.
#AVAX give a rejection over the major resistance zone and moved around 6.6% in favor. Time to set stoploss at BE and hold the trade. Take profit will be nearby by $12.21.
Читать полностью…Here's the Analysis of #AVAX :
#AVAX is been rejecting off from the major resistance zone of $14.11 - $14.62. There's a support uptrend line, which might hodl though. You can wait for the Daily Candle Closure, to get a get and entry.
The #Bitcoin spot price recently found strong support at the Adjusted Realized Price, residing at $25,500.
This pricing level remains a key area of interest with the decisive break below (Jun-2022) inaugurating a deep bear market, whilst the recent break above has stimulated a return to favorable price action.
#BITCOIN WEEKLY UPDATE :
#BITCOIN previous weekly candle closed above the zone and this week its still hodling above it, which is still bullish. Today is the closing of the candle and need a closure above $30,400 level. Its a consolidation in LTF, so a breakout will turn the whole move of the market. Keep and Eye of Daily and Weekly TF as well.