Crypto Chart Alerts
#BTC continues to dip back to the formed support area of $28748 - $29,450. Price just taps and move showing range will continue to happen. Overall Market is bit ranging, so better stay away from risk entries. Use only confirmation entries.
Bitcoin respecting the support level and holding above it. This is good sign, a break below this support is bearish and red flag. Keep tight stop loss in all trades. The first resistance is $30,500-$31,000 area.
Educational Post:
What is a blockchain Layer 1 vs. Layer 2?
The term Layer 1 refers to the base level of a blockchain architecture. It’s the main structure of a blockchain network. Bitcoin, Ethereum, and BNB Chain are examples of Layer 1 blockchains. Layer 2 refers to networks built on top of other blockchains. So if Bitcoin is a Layer 1, the Lightning Network that runs on top of it is an example of a Layer 2.
Blockchain network scalability improvement can be categorized into Layer 1 and Layer 2 solutions. A Layer 1 solution will change the rules and mechanisms of the original blockchain directly. A Layer 2 solution will use an external, parallel network to facilitate transactions away from the mainchain.
What is a blockchain Layer 1 vs. Layer 2?
The term Layer 1 refers to the base level of a blockchain architecture. It’s the main structure of a blockchain network. Bitcoin, Ethereum, and BNB Chain are examples of Layer 1 blockchains. Layer 2 refers to networks built on top of other blockchains. So if Bitcoin is a Layer 1, the Lightning Network that runs on top of it is an example of a Layer 2.
Blockchain network scalability improvement can be categorized into Layer 1 and Layer 2 solutions. A Layer 1 solution will change the rules and mechanisms of the original blockchain directly. A Layer 2 solution will use an external, parallel network to facilitate transactions away from the mainchain.
Crypto Chart Alerts
MATIC dumped from there and again started the downfall. There is a falling wedge pattern. The major support is $0.565-$0.578 area and MATIC is now testing the support level. You can add some MATIC in this zone with tight stop loss.
#MATIC looks like it gonna breakout the falling wedge pattern. If you'd added the position at our call then you're very minor profit. We recommend to move Stops yo just below swings as market may reverse anytime.
Crypto Chart Alerts
#DOT rejected from the top resistance line and about the reach the trending support line. Around, $9.10 is the support area and early buys zone. But we recommend to wait for a breakout in #DOT.
DOT was rejected from the triangle resistance line and exactly moved as predicted. DOT is now testing the support of a near $9.10 area. You can add some DOT near this level with tight stop loss. The resistance is $9.90-$10.00 area. A break of this triangle will decide the next move.
Crypto Chart Alerts
The TOTAL crypto marketcap is slowly gaining some upward movement. TOTAL crypto marketcap is heading towards the resistance of $1.40-$1.50 trillion area and this is the crucial point. If TOTAL breaks above the resistance area then we see some a good rally…
The TOTAL crypto marketcap is trading in a downtrend channel on a daily time frame. The major support is $1.00-$1.20 trillion area and this is must hold point. A break below $1 trillion is extremely bearish and we see a heavy downfall. A bounce is expected from here. A breakout of the downtrend channel will send us towards the $1.50 trillion resistance area.
KMD/BTC
Komodo is an open-source technology provider that offers all-in-one blockchain solutions for developers and enterprises.
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: 909-1200-1500-1800 satoshi
Komodo is an open-source technology provider that offers all-in-one blockchain solutions for developers and enterprises.
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: 909-1200-1500-1800 satoshi
Crypto Chart Alerts
Bitcoin started the week with a green candle. BTC now trying to break the resistance of the $30,500-$31,000 area. We may see some positive moves this week because there are already 9 red weekly candles. Let's see if BTC is able to break above the $31,000 resistance…
Today is the Bitcoin weekly candle close. The candle looks like gravestone Doji which is bearish in nature if formed on top, but this candle is formed on a downtrend and we see a more clear picture by next week. BTC is trading in a tight range and we see a breakout very soon. A break and close below $28,000 on a weekly chart is extremely bearish and we suggest you exit all long positions if this happens. Use tight stop loss in all your open trades.
Educational Post:
What is a Bitcoin ETF?
An ETF is an exchange-traded fund, meaning an investment fund that tracks the price of an underlying asset. ETFs exist across many different industries and asset classes. For example, gold ETFs have existed for decades, and they track the price of gold.
A Bitcoin ETF would work the same way – the price of the ETF would follow the price of Bitcoin.
ETFs are regulated financial products – as such, they trade on traditional markets like the NASDAQ or NYSE and not on a cryptocurrency exchange.
This, however, might change in the future as the borders between traditional finance and the cryptocurrency industry continue to blur.
Why is a Bitcoin ETF important?
Well, Bitcoin isn’t the easiest asset to deal with. Custody, for example, can cause some serious headaches for a large institution. After all, Goldman Sachs won’t just plug a hardware wallet into a laptop and YOLO (transfer) $2B of Bitcoin on it. Large financial institutions don’t operate in the same way as individual investors, and they need a complex regulatory framework and financial plumbing to be able to participate in this space.
This is why an ETF can go a long way to bring adoption and expand the potential investor base. It can give price exposure for participants in the traditional markets without them having to worry about all the nitty-gritty of physically owning the coins.
What is a Bitcoin ETF?
An ETF is an exchange-traded fund, meaning an investment fund that tracks the price of an underlying asset. ETFs exist across many different industries and asset classes. For example, gold ETFs have existed for decades, and they track the price of gold.
A Bitcoin ETF would work the same way – the price of the ETF would follow the price of Bitcoin.
ETFs are regulated financial products – as such, they trade on traditional markets like the NASDAQ or NYSE and not on a cryptocurrency exchange.
This, however, might change in the future as the borders between traditional finance and the cryptocurrency industry continue to blur.
Why is a Bitcoin ETF important?
Well, Bitcoin isn’t the easiest asset to deal with. Custody, for example, can cause some serious headaches for a large institution. After all, Goldman Sachs won’t just plug a hardware wallet into a laptop and YOLO (transfer) $2B of Bitcoin on it. Large financial institutions don’t operate in the same way as individual investors, and they need a complex regulatory framework and financial plumbing to be able to participate in this space.
This is why an ETF can go a long way to bring adoption and expand the potential investor base. It can give price exposure for participants in the traditional markets without them having to worry about all the nitty-gritty of physically owning the coins.
Crypto Chart Alerts
SXP again slowly moving towards the resistance line. A break above this is bullish. The major resistance is the $0.575-$0.585 area. The support is $0.53 level, increase your stop loss to below this support level and hold the long position.
SXP tried to break the resistance level multiple times but was rejected from there. A break above this resistance level sends us towards the $0.65-$0.66 resistance area. Increase your stop loss near the $0.54 area and hold this trade in profit.
Crypto Chart Alerts
#LOKA break below the rising wedgr pattern, which was expected. Now, price is hodling near the $1.13 intermediate support. Currently, now buys looks good in #LOKA. Wait for the opportunity.
#LOKA trending more lower and lower as already said buys doesn't looks good. Price might reach till next support level at $0.90. We gonna look for market sentiment for buys if price reaches there.
MANA analysis:
MANA is taking support at the $0.92-$0.97 area. There is a downtrend line that works as resistance and MANA rejected this multiple times. If MANA breaks the resistance line then we see a move towards the $1.10-$1.15 area. If MANA breaks the support we see a heavy downfall. You can open a long position with tight stop loss below the support area.
MANA is taking support at the $0.92-$0.97 area. There is a downtrend line that works as resistance and MANA rejected this multiple times. If MANA breaks the resistance line then we see a move towards the $1.10-$1.15 area. If MANA breaks the support we see a heavy downfall. You can open a long position with tight stop loss below the support area.
Crypto Chart Alerts
Today is the Bitcoin weekly candle close. The candle looks like gravestone Doji which is bearish in nature if formed on top, but this candle is formed on a downtrend and we see a more clear picture by next week. BTC is trading in a tight range and we see a…
Bitcoin started the week by positive move. The last weekly candle close above $30,000 level. BTC now trading above $31,000 resistance area. If BTC sustain above this then we see a move towards $34,000 area. Stop loss is necessary in all trades.
BNB analysis:
BNB is trading in a tight range. The major resistance is the $330-$335 area and a break above this is bullish. We will open new long positions if BNB is able to sustain above the $330 area. The support is $295 area and major support is $250-$260 area. Wait for some time for new entries.
BNB is trading in a tight range. The major resistance is the $330-$335 area and a break above this is bullish. We will open new long positions if BNB is able to sustain above the $330 area. The support is $295 area and major support is $250-$260 area. Wait for some time for new entries.
Educational Post:
Many often talk about how large traders and whales manipulate the markets. While much of these theories can easily be disputed, there are some well-known methods of market manipulation that require large holdings. One of these is a technique called spoofing.
What is spoofing?
Spoofing is a way of manipulating markets by placing fake orders to buy or sell assets, like stocks, commodities, and cryptocurrencies. Typically, traders who attempt to spoof the market use bots or algorithms to automatically place orders to buy or sell. When the orders get close to getting filled, the bots cancel the orders.
The main idea behind spoofing is trying to create a false impression of buy or sell pressure. For example, a spoofer may set a large number of fake buy orders to create a false sense of demand at a price level. Then, as the market gets close to the level, they pull the orders, and the price continues to the downside.
The market often reacts strongly to spoof orders because there isn’t a great way of telling if it is a real or a fake order. Spoofing can be especially efficient if the orders are placed at key areas of interest for buyers and sellers, such as significant support or resistance areas.
Many often talk about how large traders and whales manipulate the markets. While much of these theories can easily be disputed, there are some well-known methods of market manipulation that require large holdings. One of these is a technique called spoofing.
What is spoofing?
Spoofing is a way of manipulating markets by placing fake orders to buy or sell assets, like stocks, commodities, and cryptocurrencies. Typically, traders who attempt to spoof the market use bots or algorithms to automatically place orders to buy or sell. When the orders get close to getting filled, the bots cancel the orders.
The main idea behind spoofing is trying to create a false impression of buy or sell pressure. For example, a spoofer may set a large number of fake buy orders to create a false sense of demand at a price level. Then, as the market gets close to the level, they pull the orders, and the price continues to the downside.
The market often reacts strongly to spoof orders because there isn’t a great way of telling if it is a real or a fake order. Spoofing can be especially efficient if the orders are placed at key areas of interest for buyers and sellers, such as significant support or resistance areas.
Crypto Chart Alerts
AVAX is now testing the support of the $25.50 area. AVAX needs to bounce from here otherwise we see more downfall. The next support is $23.70-$23.90 area. Wait for some time before opening new positions.
AVAX is now again trying to break the major resistance of the $27.50-$28 area. AVAX goes below the support level and this is the reason we told you to wait before opening new trades. We are looking for new entries if AVAX is able to hold above the $28 area. You can open a short position on resistance with tight stop loss.
Crypto Chart Alerts
MANA analysis: MANA is taking support at the $0.92-$0.97 area. There is a downtrend line that works as resistance and MANA rejected this multiple times. If MANA breaks the resistance line then we see a move towards the $1.10-$1.15 area. If MANA breaks the…
MANA breaks the resistance line and slowly moves up. Our long position is in profit of 8% increase your stop loss to breakeven price. Let's see how price reacts to the resistance of the $1.10-$1.15 area.
AVA/BTC
Travala.com, founded in 2017, is the leading blockchain-based travel booking platform backed by Binance.
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: 2648-3275-3865-4455 satoshi
Travala.com, founded in 2017, is the leading blockchain-based travel booking platform backed by Binance.
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: 2648-3275-3865-4455 satoshi