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#BITCOIN WEEKLY TF UPDATE :
#BITCOIN on Weekly TF, Attempting to cross the build up resistance and need to a closing above $98,000 and best case will be $100,000 level. With that closing, price build the new support at $97,000.
Long-Term Holders are currently selling about 0.27% of their Bitcoin supply daily, which is historically significant. Out of all trading days recorded, only 177 have seen a higher rate of distribution. Notably, the current selling rate is more aggressive compared to the March 2024 all-time high, indicating a strategic and potentially calculated approach to selling their Bitcoin holdings.
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#ENA kept on rising and a new higher high. All trades working perfectly 215%, 128% and 64% in profits and try to secure some more profits here.
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Here's the Analysis of #STX :
#STX moving within the uptrend channel pattern and given a slightly break too. Price still bullish and expected a push towards the next key resistance area of $3.08 - $3.13.
#AUCTION had a very great pump and achieved all the target. Trade gave profit around 84% with 10x its around 840% profits.
Enjoy
Bitcoin is approaching the $100,000 milestone after reaching new all-time highs. Long-Term Holders (LTH) are now selling their Bitcoin holdings, taking advantage of the strong market. Since September, they've sold 507,000 Bitcoin, which is less than the 934,000 Bitcoin they sold during the March 2024 price rally.
The key points are preserved, but the language is more straightforward and the text is much shorter.
#BTC had a very deep retest and nearly gone to $90,000 level. Its $13,500 drop from the high, and Looking into the Daily candle market liquidated both sides player and holding the H4 support zone area. Price gaining the momentum again and trying to push over $100,000 mark again.
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What Is a TRC-10 (TRON)?
Unlike the TRC20 token, TRC-10 is a native token on the TRON blockchain that is utilized for basic token production and does not need the TRON Virtual Machine (TVM).
TRC-10 can be accessed through an API (application programming interface). TRC-10 has 1,000 times lower transaction fees than TRC20, but it necessitates additional bandwidth for API transactions and deposits.
Any account user on the TRON network can create a TRC-10 token for a minimum of 1,024 TRX. Account-holders on the network can also lock up their token individually. The issuer must specify a token name, overall value, TRX conversion rate, circulation length, definition, maximum bandwidth points per account, overall bandwidth points usage and token stake when producing tokens.
TRON is a blockchain platform that enables the creation of smart contracts, virtual machines, decentralized exchanges, decentralized applications, smart contracts, wallets and blockchain explorers.
When TRC-10 tokens are utilized in an ICO project, there are no listing fees to pay, and to develop TRC-10 tokens, no prior experience of programming languages is necessary. TRC-10 tokens' supply can be raised once they are created and they can also be burned if the tokens are returned to their originating address.
A user must have at least 1,024 TRX in their wallet to get a TRC-10 token. They are used in initial coin offerings (ICOs), blockchain-powered products, and as a payment method in decentralized applications (DApps). They have been utilized by well-known initiatives like BitTorrent token, a decentralized file-sharing service whose development process is made easier and simpler by the existence of a flexible blockchain network.
In smart contracts, TRC-10 tokens are easily transferable, mintable and upgradeable, and and if a user sends these tokens to the wrong address, they become irrecoverable.
#MASK perfectly turned into the fakeout and pumped with the overall market. Price made a high of $4.31 which is 14.2% in profits. Secure some and let the rest run for long-term.
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“Breaking Records! 🚀 Bitcoin just crossed the legendary $100K mark! 💸🌟 The journey from obscurity to six figures is a testament to innovation, resilience, and belief.
Who’s ready for the next chapter in crypto history? 🔥📈”
#LTO also achieved the 3rd target and made a high of $0.29 which is 99% in profits. With 10x leverage its around 990% in profits.
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#BEL achieved the 4th target and 61.1% and with 10x leverage its making around 610% in profits.
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#DEXE gave an another leg up and made a high of $11.17 which is 36% in profits and with 10x leverage we're 360% in profits. Enjoy the profits.
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#BItcoin Dominance Analysis :
#BTC.D strongly felt lower and we saw some good rally in altcoins. Index reached the strong flip area of support zone of 54.50% - 54.60%. Alts might have a retracement period and an alts leg up might come up again.
#BTC attempted to go lower but failed to candle below and had a rejection. In H1 TF price had a fakeout through and price back into consolidation and again we need to wait for the price to see some sort of breaks in HTF.
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Here's the Analysis of #ZRO :
#ZRO kept on printing the new higher high and now sitting on the structural support zone of $6.79 - $6.91 and expected to further higher in this bullrun.
#ENS flipped the zone and started consolidating over the strong support zone. Price showing strong buyer from here and need to see some sort of new Higher high sooner, attempting buys looks good here.
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#BITCOIN DAILY TF UPDATE :
#BITCOIN surpasses the $100,000 mark and dumped hard yesterday. Price rejected strong from the drawn level at support and had a indecision closing. Price moving back and forth of $100K level and expected further move with a retracement in next week.
#AUCTION another call given and achieved the 2nd target and 47% in profit and with 10x leverage its around 470% in profits
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What Is a TRC-20 Token?
The TRC-20 token standard allows for tokens to be created on the TRON network. It defines the functions that need to be implemented so that a token can be accepted as a standard TRC20 token.
The TRC-20 standard is similar to the ERC-20 standard used for Ethereum tokens and is intended to be fully compatible with it.
For the TRC-20 protocol to work correctly, the token's contract is required to implement several functions. There are three optional items and six required items that need to be defined in TRC-20 token development.
The following are some of the functions that are used in TRON's TRC20 implementation.
Optional items: Name, Abbreviation, Precision
Required items: totalSupply, balanceOf, transfer, transferFrom, approve, allowance
TRON Virtual Machine is a lightweight, complete VM. Its purpose is to offer millions of developers a custom-built system for an efficient, easy, safe, and scalable blockchain.
Before TVM was launched on May 25th, 2018, TRON had already been working on some additional functions to improve the security and usability of the protocol. TVM makes TRON more secure and robust without compromising the high TPS (transaction per second). It also enables compatibility with Ethereum. The TVM will be fully compatible with Ethereum smart contracts by using its own pluggable smart contract engine. Ultimately, this compatibility will allow Ethereum developers to easily migrate their smart contracts onto the TRON network.
TRON blockchain is an open-source protocol serving the digital content distribution space. It extends its support for several blockchains and smart contract systems. These include Bitcoin, Ethereum, and many public blockchain networks. TRON offers a multiprotocol infrastructure to developers for application development in the digital entertainment industry, allowing users to benefit from smooth multiprotocol smart networks.
It uses its own cryptocurrency (TRX) to enable access to different services offered on its platform. Customers can pay using TRX for the services they use. The platform enables one-on-one interaction between consumers of content and the content creators.
The TRON network is secured by Delegated Proof-of-Stake (DPoS), which means that the stakeholders of TRX elect Super Representatives who are responsible for validating transactions and maintaining the network.
#FTm worked pretty well, and attempted to print new Higher high still facing resistance back for previous high. Price dipped into the support zone as i hope you bought the level, trade running at decent nearly about 15% in profits. Try to secure some or trail the stops.
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Here's the Analysis of #CHR :
#CHR rally with the market movement and rejected from the strong flip level (Gray Box) around $0.37 - $0.39. Price is expected to drop till major support zone of $0.28 - $0.29 for buys. Trendline also adding the confluence to it so take the risk accordingly.
From October 8 to November 13, ETFs absorbed 128,000 BTC, neutralizing 93% of the 137,000 BTC net selling pressure from Long-Term Holders. This demonstrated ETFs' crucial role in market stabilization. However, since November 13, LTH sell-side pressure has begun to outpace ETF inflows, potentially signaling increased market volatility similar to patterns seen in February 2024.
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#BTC Fakeout worked pretty well and had a very bullish move to the upside, achieving the $100,000 milestone.
The $100,000 has been Registered on the History of the Crypto Market and It time to celebrate. Winter is in and Book profits in running position and all stuff. Nothing Much to Say Here, but this is not the end, it a beginning of the new Chapter.
Wait for the Retest and buy the Dip and 2025 will be very bullish for the crypto industry.
Here's the Analysis of #FTM :
#FTM is been in a heavy pump mode and flipped the major area of $1.17 - $1.22 and price now strongly rejecting the zone and expected the move higher as #BTC starts moving or remains stable. Buys looks good and go long with a dip might come.
#BLZ achieved the 2nd target and made a high of $0.188 which is 33.92% in profits. Taking the 10x leverage into the account its 339% in profits.
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#ARPA had a beautiful jump and made a high of 43.3% in profit and 10x leverage making it around 430% profits
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#SFP had a great move again and $0.89 was the high which is 28% in profits and 10x making it around 280% profit, so book some and hold the rest.
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Notice of Removal of Spot Trading Pairs - 2024-12-06
https://www.binance.com/en/support/announcement/6ec32247cff443df9240c86bd483508e
Here's the Analysis of #ENA :
We already having the 3 trades running in #ENA and now price is kinda consolidating and looking for a retracement back to support zone around $0.67 - $0.69.