#MANTA
If it gives breakout then it has potential go up.
Entry- 3.4401-3.4410
SL- 3.31893
Target-3.803
The number of new addresses on the #Ethereum network has been increasing at an annual rate of approximately 50%.
Читать полностью…#ETC
The decline and correction of the price of Ethereum Classic has slowed down. And we can expect another pump to the $35 level.
#Bitcoin whales have sold around 70,000 $BTC over the past two weeks, worth around $3 billion!
Читать полностью…#UMAUSDT analysis-
UMA made swing high on 27th Dec 2023.
It gave strong breakout on 18th Jan 2024 and increased more than 170% from the breakout level.
#BAKE ( Spot )
Entry : 0.34 $
Targets : 0.39 - 0.51 -0.86 $
Stop Loss :0.30 $
Exchange : #Binance
Crypto News: SatoshiVM team related wallets have currently sold 124,739 SAVMs.
Team’s Wallet 0xfdac received 420,000 SAVM (4.7m) from #SatoshiVM team wallet.
Then, 189,700 SAVM (2.12m) were transferred to 24 new wallets and currently, 124,739 SAVM have been sold at a price of 504 #ETH (1.24m).
#DYDXUSDT analysis-
DYDX is forming the ascending triangle pattern. If it gives breakout then it has potential move up 100% from the breakout level.
Entry- Above $4.364
SL- as per the trader’s risk management
Target 1- $8.75
Target 2- $10.75
#TRB
After the price reached the support level, the price started to grow and formed a downward harmonic pattern, and according to the pattern, we can expect the price drop to $104-$114.
The price of #DOT started to decline after the completion of the descending harmonic pattern and is expected to continue to decline until the support level of $6.300 to $6.530.
Читать полностью…Franklin Templeton said: “We are excited about Ethereum and its ecosystem
Although it has recently experienced a mid-life crisis, we see a bright future with many strong drivers that will push the #Ethereum ecosystem forward.
Advance developments such as EIP 4844, Alt DA, community recovery, and remortgages.”
The price of Binance Coin has been placed in a channel in the 4-hour TF and is moving towards the bottom of the channel and the support level of $260 - $274.
Читать полностью…#CTXCUSDT analysis-
CTXC is forming ascending triangle pattern.
If it gives breakout then it has potential move up more than 180% from the breakout level till the resistance line which is shown in the chart.
Entry- $0.5001
SL- as per risk management
Target- $1.4086
If it gives breakout then it has potential move down more than -47% from the breakdown level till the support line which is shown in the chart.
Entry- $0.3787
SL- as per risk management
Target- $0.1985
#MOVRUSDT analysis-
MOVR gave symmetrical triangle pattern breakout with more than 500% returns from the breakout level.
MOVR is forming descending triangle pattern and if it gives breakdown then we can potentially see -50% fall
ENTRY- 19.498
TARGET- 15.33
#POLKADOT price has broken the important support of $6.300-$6.530 and the bearish trend is still strong and the price is expected to fall to the support level of $5.500.
Читать полностью…According to Lookonchain, #Grayscale currently holds 566,973 $BTC($23.21B), sells ~52,227 $BTC ($2.14B) since the ETF approval.
iShares (BlackRock): 33,431 BTC
Fidelity: 24,857 BTC
Bitwise: 10,152 BTC
ARK21: 7,565 BTC
Invesco Galaxy: 4,619 BTC
VanEck: 2,207 BTC
Valkyrie: 1,737 BTC
Franklin: 1,160 BTC
💥Terraform Labs files for bankruptcy protection in US, Listed assets and liabilities in the range of $100-$500 million,
Читать полностью…#UNIUSDT analysis-
After the descending triangle pattern breakdown, UNI fell more than -9%.
It gave V-shape recovery and increased more than +10% from the V-shape low.
It tried to take support multiple times after the recovery but it failed and it gave breakdown with more than -5% fall.
Members,
The markets appear to be weak at the moment, so I advise exercising caution with futures trades. We'll keep you updated on any significant changes. Stay prepared, as we might encounter opportunities to capitalize if there's a downturn.
#API3USDT analysis-
Price made symmetrical triangle pattern. Price decreases and also volume decreases that is the indication of weak selling within the pattern.
API3 gave breakout with volume build-up and price increased more than 32% from the breakout level.
#ETC / USDT - Long
Leverage : 3X
Entry : 24.7 Stop limit
Targets : 26.3 - 28.5 -32.5 $
Stop Loss : 23.1 $
Exchange : #Binance
#GALA
The Bullish harmonic pattern has already been completed and the price is now facing a dynamic resistance. If the price can break the resistance according to the pattern, it can grow again up to $0.036.
Bitcoin ETFs exploded with $10 billion traded in first days, overshadowing combined 2023 #ETF launches.
#Bitcoin ETFs outperform entire 2023 'Freshman Class' of ETFs with massive trading volume, according to Balchunas.
The downward trend of #GMT price has slowed down and the price is in the dynamic support area. The price is expected to start a good growth again and grow to at least $0.4300.
Читать полностью…