#ALICE dropped hard with the market and reached the flip level around $1.64 and kinda rejecting the support area. An another retest can be done here towards the 50% of the wick, that's a risk move take it accordingly.
Читать полностью…#ETH UPDATE :
#ETH made a drop lower again and reached the support zone nearby $3600. We can see price kinda rejecting the zone and expected to reach out the other end of the zone around $3950. You can have the short trade with in this.
#LPT is did a successful break and retest of the flag pattern and made a push too. Price made a high of $25, which 13% - 16% in profits from the zone. Currently, price is getting a pullback before the next leg up.
Читать полностью…Here's the Analysis of #UNI :
#UNI kept on rejecting from the Strong Resistance area of $11.59 - $11.78. Price broke through the channel pattern and trend with bullish market structure. Expected a Bounce from the trendline, in anticipation of break of the resistance and new printing new Higher High.
The Liveliness metric also captures this change in market character, and indicates that the Bitcoin network is seeing a greater volume of coinday creation than destruction. In other words, the market is now expressing a greater preference for holding coins for longer periods of time, rather than actively distributing coins for a profit.
Читать полностью…#BTC did attempted to breakout and again closed before turning it into a fakeout now. We have a support at $70,500 which price rejected it and looks like again going for a retest now. A new Higher High is expected very soon, by the end as structure is bullish.
Читать полностью…Trading With The Trend
#Trading with the trend, also known as trend following, is a objective in trading plan, that involves taking positions in markets in the same direction as the dominant trend. The idea behind this, is that trends in the market tend to persist and that following the trend can lead to higher profits than attempting to predict market reversals.
#Traders who follow this strategy typically use trend analysis #tools, such as moving averages or #trendlines, to identify the direction of the trend and to make decisions about when to enter and exit trades. This can involve taking long positions when the trend is #bullish and short positions when the trend is #bearish.
It is #important for traders to have a well-defined #risk management plan in place to mitigate these risks and to have a solid understanding of the #markets in which they are trading. Additionally, traders should be aware that trends can change and be prepared to adjust their #positions accordingly.
#US30 UPDATE :
#US30 made a very deep pullback and towards the origin points of the move. Currently, index moving back and forth of the intermediate flip level, before moving up, a retest is expected, mentioned in the chart.
Here's the Analysis of #HIGH :
#HIGH rejected strongly from the major resistance area of $7.44 - $7.84 and right now, price testing the trendline zone as support and might go bit lower for a retest. Well, Nothing looks good enough here, better wait for the setup.
#ALICE haven't gave the retracements and again made a push towards the major resistance area. Price broke though the resistance and now acting as support and potentially, we can see a bounce from here.
Читать полностью…Here's the Analysis of #XEM :
#XEM made a strong dump of 33% due to #Binance Delisting News and hits the major support zone of $0.023 - $0.024. Also, technical indicating the same, and right now nothing should be done as it would be a risky move. Its a High risk here, so take it accordingly.
What is #SOPR ?
The #SOPR (Spent Output Profit Ratio) a very simple indicator, which reflects the degree of realized profit and loss for all coins moved on-chain. It’s calculated from spent outputs, the realized value (#USD) divided by the value at creation (#USD) of the output. Or simply: price sold / price paid.
#SOPR values greater than 1 implies that the coins moved that day are, on average, selling at a profit (price sold is greater than the price paid).
#SOPR value less than 1 implies that the coins moved that day are, on average, selling at a loss (price sold is less than the price paid).
#SOPR value of exactly 1 implies that the coins moved that day are, on average, selling coins at break even.
Successive peaks of high SOPR (creating an indicator uptrend) suggest continual distribution, usually during a bullish price rallies. As more coins are spent back into liquid circulation, the probability of a local or macro market top increases.
#MANTA moving very correctively after the breakout, and now the call nearly at 15% - 16% in profits. Its recommended to close 90% positions as it moving very slowly.
Читать полностью…#BTC weekly candle closed bearish and bit indecisive too, showing sells are heavy. Currently, #BTC just moved back and forth within a range and a drop is expected back towards the support. Price nearly, gonna retest the flip level and likely to get a rejection.
Читать полностью…#YOLO/USDT Mega Signal Recap! 🚀
With around 300k USDT in volume and a peak of 3200% (32X), we ensured a fair and safe pump for our community—0% prepump and zero prebuy.
Although the peak didn't last as long as we intended it to, our coin sat as the #1 gainer on MEXC and our whales bought after our members and made 2nd min candle higher than 1st min and peak in 3rd min candle giving opportunity to all our members who bought in 1st and 2nd min candles to take massive profits.
Big names are hyping #YOLO globally, and our whales are gearing up for another pump for #YOLO in the coming weeks. Overall, we can safely say that this signal was a huge success and that the upcoming one will be a long lasting pump and our whales will continue buy for hours to make sure we reach again 100X gains on MEXC.
We are receiving many messages of appreciation and we are glad many of you managed to turn a massive profit on this signal! Stay tuned for our next signal announcement!
#BITCOIN DAILY TF UPDATE :
#BITCOIN on Daily TF, still on a consolidation but instead kept on hodling the supporting up trendline. Price nearly at the resistance area which also getting rejections. Not expecting much from here, only a breakout can lead some strong moves, we gonna see some the consolidation continues.
We can see a large decline in the Sell-Side Risk Ratio over recent weeks, which suggests the market has found a degree of equilibrium over the course of this correction.
Читать полностью…#BTC took a bounce from the support drawn (red box) and attempting to break the Major Resistance again. With that, today is strong fundamental news, and with that a strong movement is expected, so better tighten the stops in any futures trade opened.
Читать полностью…What Is a Metatransaction?
A metatransaction is like having a helper who carries out a task for you. In this case, it's executing a transaction that someone else has signed on your behalf. Instead of you needing to send this transaction to the public blockchain, the helper does it for you. So, metatransactions simplify things and save you the cost of using gas on public blockchains. All you have to do is sign the transaction with a click.
Usually, when you make a transaction on a public ledger, you sign it yourself, and it goes into a waiting area called the mempool. Miners then include your signed transaction in the next block. During this process, you're the one paying the gas fees, which can be a hassle. Plus, you usually have to pay these fees using the native token of the blockchain, even if you're using a decentralized app (dApp) with its own token.
Metatransactions change this by allowing dApps to handle the gas fees and token payments for you. Instead of you paying the fees, the dApp or another third party does it for you. For instance, a dApp developer might cover the gas fees to attract more users. They can also decide whether users need to use their own token to pay for gas or if they'll cover the costs entirely. In either case, they use metatransactions to manage the transaction on the blockchain and pay the necessary fees. All you need to do is sign the transaction, and you might not have to pay any gas fees at all.
The main advantage of metatransactions is that they make using blockchain applications much easier for users. They shift the burden of dealing with gas fees and transactions from the users to the developers or infrastructure behind the scenes.
#BTC.D UPDATE :
#BTC.D still hovering below the resistance area forming a Head and Shoulder formation. Well, Index kept on trying to break the resistance, which is not a good sign as alts will dump. Eyes on breakout now, as this might be triple top too, and indicating a correction hint.
Here's the Analysis of #VET :
#VET going through the large downtrend channel pattern and make a consolidation range over the support zone of $0.033 - $0.034. Buys looks healthy here but to be sure you can wait for the breakout of the consolidation.
Miner Supply of Bitcoin at it's Lowest in 14 Years
Miner holdings of Bitcoin are in decline, down 50% from highs. It was over 5,000 days, or 14 years, since miner reserve of Bitcoin was this low
#BTC surpasses the $70,000 level and continued the push higher towards the next resistance area around $71,250. Price getting some sort of rejection and a retest back to $68,000 is expected before moving up.
Читать полностью…The Long-Term Holder (LTH) Binary Spending Indicator, which tracks the intensity of selling by long-term Bitcoin holders, showed a significant and sustained decline in the LTH supply leading up to the $73,000 all-time high in March. This indicated that long-term holders were actively distributing their holdings during the price rally, creating selling pressure. However, in the last few weeks, this distribution pressure has eased off markedly, suggesting that long-term holders are no longer aggressively selling at the current price levels. This reduction in selling by long-term holders gives the bulls more breathing room and lessens the overall resistance in the market.
Читать полностью…#BTC did again attempted to break the resistance and surpasses the $70,000 mark. Price looks like getting a rejection and dumped , sustaining below the resistance again. Again, its unclear to take any any anticipation, looking this weekend to clear out something.
Читать полностью…#GHST continued its way to the upside and achieved the 2nd target. Price made a high of $2.22 which is 41.5% in profits. Keep securing profits with the increasing market price 📊
Читать полностью…A confluence of the SOPR Ratio Z-Score and MVRV Ratio Z-Score trading below their means, combined with the Realized Loss Z-Score trading +2 standard deviations above the mean, suggests both long-term holders and shorter-term traders are experiencing substantial losses. This increases the likelihood of capitulation selling from multiple investor cohorts, potentially exacerbating downward price pressures in the Bitcoin market.
Читать полностью…Countdown Alert! Less than 3 hours until $TWIF Launches on DigiFinex! 🌐
• Listing Price: $0.04🚀
• Check out the full information on DigiFinex's official announcement : https://support.digifinex.com/hc/en-us/articles/33132277095321--New-Coin-Listing-Tomwifhat-TWIF-Launches-on-DigiFinex
• Currently available on MEXC, PancakeSwap and Uniswap
🥞PancakeSwap buy link: https://pancakeswap.finance/swap?outputCurrency=0x62760e76DCe6b500349EC5F6119228d047913350
🦄Uniswap buy link: https://app.uniswap.org/#/swap?outputCurrency=0x62760e76DCe6b500349EC5F6119228d047913350
Ⓜ️MEXC buy link : https://www.mexc.com/exchange/TWIF_USDT
#ETH UPDATE :
#ETH made a successful break there after and but volume and market conditions are not favorable to altcoins. Price still consolidated in range, and looks like a retest is predicted bottom of the range around $3613.