DODO analysis:

DODO is trading in the range. The support is $0.139-$0.140 area and the resistance is $0.175-$0.80 area. A break above $0.18 is bullish and we see a rally towards the $0.26 area. If DODO breaks the $0.139 support then we see a dump to the $0.122-$0.128 level.

Bitcoin breaks the downtrend channel in an upward direction and this is a good sign. Now the major resistance is $31,000 and we see a good positive move after that. We might see high volatility during the weekend to liquidate high leveraged long and short positions.

Educational Post:

What is Play-to-Earn (P2E) Games?

Play-to-earn games are video games where the player can receive rewards with real-world value.

While people have been earning money from playing video games for many years through practices such as “gold farming” and unofficial marketplaces for in-game items, the emergence of blockchain technology and NFTs has, quite literally, changed the game.

NFTs, or non-fungible tokens, are cryptographically unique tokens that can be used to prove ownership of content such as images or music. In blockchain games, they enable users to take ownership of in-game items, such as virtual clothing or plots of land.

That means that NFTs representing in-game items can be traded and sold for fiat currency on any NFT marketplace. And because those NFTs have scarcity, they have real-world value.

DODO is not testing the support of $0.139-$0.140 area. A break below the support will send DODO towards $0.122-$0.128 lower support levels. You can open long position near $0.14 support area with tight stop loss. We expecting a bounce towards the resistance level. Don’t forget the stop loss.

LTC was again rejected from the resistance area. LTC needs to break this resistance to gain some strength. You can place your buy orders near the support area and wait. We will open new positions if the candle closes above $74 resistance area.

ICP analysis:

ICP is trading in a symmetric triangle on the hourly chart and the triangle is now tightening up. A break and hold above $8.50 is bullish. The next resistance is $9.40-$9.70 area and $11.50 area. The support of the triangle is $7.80 and a break below this will send us towards the $6.10-$6.50 support area. Wait for a breakout for new entries.

AVA/BTC
Travala.com uses a native token, AVA, which powers the Customer Loyalty Program (Smart Program), Standard Booking Givebacks, Best Price Guarantee, Referral Program, Affiliate Program and more.

Technically lying above strong support. RSI is in the oversold region. MACD is showing bullish momentum. It will pump hard from here. so now is the right time to build your position in it before breakout for massive profits😊

Targets: 2900-3300-3800-4600

AVA/USDT lying above strong support. Stochastic is giving a buying signal. It will bounce hard from here. so now is the right time to build your position in it before breakout for massive profits😊

Targets: $0.868-0.9755-1.2565-1.5025

SL: $0.553

#ROSE Analysis :

#ROSE recently tapped the major support level of $0.050 - $0.056 and now price started ranging. A drops is expected back till major support. You can look for buys over there with very small risk. Moreover, market is highly unstable so trade less in the market.

Bitcoin is losing momentum and dumped again. The major resistance is $31,000 and below this point market is choppy. There is not much strength in the market and we may see both pump and dump. Keep tight stop loss in all trades. The weekly candle gives more confirmation of the trend for coming weeks.

Educational Post:

What is Move-to-Earn?

Move-to-Earn is a model that uses a technology that tracks human movement and measures these movements with the help of a sensor, helping users earn money through their daily movements.

The advantage of the Move-to-Earn model over Play-to-Earn is that users do not need to be constantly connected to their phones. Instead, users only need to be physically active for a certain amount of time as certain rewards are earned in exchange for certain times.

STEPN (GMT) has pioneered the move-to-earn concept which is now followed by other games like Dotmoovs (MOOV) and Genopets (GENE) that all revolve around the idea of rewarding or tokenizing physical movements. Some are still in beta version but it’s definitely something to watch out for.

ETH BTC analysis:

ETH BTC pair broke the support of 0.0735-0.074 area and dumped hard from there. The next major support is the 0.0643-0.0652 area. We might see a test of this area before the next move. A break below 0.0643 will send us towards 0.06 support level. The first resistance is 0.07 area.

Bitcoin dominance is forming a rising wedge pattern on an hourly time frame. A rising wedge is a bearish pattern and usually breaks in a downward direction. If Bitcoin dominance break below the 44.50%-44.60% area then we see a good bounce in altcoin. If Bitcoin dominance go above the 45.60% resistance level then we see more blood bath in altcoins. The major resistance for Bitcoin dominance is 48%-49% area.

ICP rejected from the triangle resistance line. ICP now testing the lower support line of $7.80 and a break below this is bearish. Don’t open any position now and wait for break of the triangle. The break of triangle decide the next move.

#GAL Analysis :

#GAL is now forming a descending triangle pattern which is bearish but price is now break the pattern yo the upside. Around, $5.00 will be the support zone but once price break the $6.40 structural high then we gonna looks for buys in retest.

Bitcoin going sideways and there is not much volume. The weekly candle closes today and BTC needs to close the weekly candle above $30,000. There are 8 weekly red candles in a row and this happens the first time in Bitcoin history. Wait for the weekly candle close before taking new entries.

Educational post:

What is a DeFi Flash Loan?

Flash loans are a relatively new form of uncollateralized loans available to traders on some decentralized finance (DeFi) protocols based on a blockchain network (Ethereum).
This type of loan allows traders to borrow unsecured loans from lenders without intermediaries. Flash loans have become popular and advantageous because they give its users the ability to arbitrage and trade in ways that weren't possible before.

What makes Flash Loans unique?

Most of us are familiar with the traditional concept of a loan. A lender loans out money and eventually they get paid back in full with some or no profit. A DeFi Flash Loan transaction is similar but some unique properties make flash loans more attractive to both the borrower and the lender, most notably the use of smart contracts.

#DASH now more likely looks like forming a symmetrical triangle pattern and price is now on its way to break the pattern but it's also possible price will reject. Rejection will lead down price till $54.00 support area.

ORN/BTC
The Orion Protocol was designed to aggregate the liquidity of multiple crypto exchanges into a decentralized platform that provides a singular, non-custodial gateway into the entire digital asset market.

Technically lying above strong support. RSI is in the oversold region. MACD is showing bullish momentum. It will pump hard from here. so now is the right time to build your position in it before breakout for massive profits😊

Targets: 550-700-850-1050

ORN/USDT lying above strong support. Stochastic is giving a buying signal. It will bounce hard from here. so now is the right time to build your position in it before breakout for massive profits😊

Targets: $1.65-2.15-2.45-3.15

SL: $1.1

ORN about to make a move 🚀