HIGH/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: $1.56-1.95-2.35-2.95

SL: $0.95

HIGH/BTC breakout of accumulation zone can go for a big ride anytime🚀

UNI analysis:

UNI formed double bottom (W pattern) which is a trend reversal pattern. The major support is now $4.70-$4.80 area. The major resistance is the $5.40-$5.60 area and a break above this is bullish. Don't open any long positions here as we may see a test of support before the next move. You can short UNI near $5.50 with a tight stop loss above the $5.70 area.

Bitcoin is continuously trying to break the resistance level but the wicks show price rejection. BTC needs to break and hold above this level. Let's see how the global market opens on Monday and BTC will follow them. If global markets open in green then we see a break of this resistance zone.

TRU made a high of 442 sats, that is more than 46% profit from our buying price. Market is not good still our technical analysis team able to find good gems. Our team always try to find coins with best TA setup and good fundamentals. Pin our channel on top to never miss a signal and share it with your friends and family. Premium members gets better entry and early signals. Keep Earning 😊

TRU USDT pair also made a high of $0.0945, that is more than 45% profit. Keep booking profit.

Educational Post:

There are countless ways to generate profits in the financial markets. Some traders will use technical analysis, while others will invest in companies and projects using fundamental analysis. As such, you, as a trader or investor, also have many different options to create a profitable trading strategy.

However, what if the market is going through a prolonged bear market, where prices are continually declining? What can traders do then to maintain a source of income from trading?

Shorting the market allows traders to profit off price declines. Entering a short position can also be an excellent way to manage risk and hedge existing holdings against price risk.

What is shorting?

Shorting (or short selling) means selling an asset in the hopes of rebuying it later at a lower price. A trader who enters a short position expects the asset’s price to decrease, meaning that they are “bearish” on that asset. So instead of just holding and waiting, some traders adopt the short selling strategy as a way to profit off an asset’s price decline. This is why short selling can also be a good way to preserve capital during price declines.

Shorting is very common in essentially any financial market, including the stock market, commodities, Forex, and cryptocurrency. As such, short sales are widely used by retail investors and professional trading firms, such as hedge funds. Short selling stocks or cryptocurrencies is a common strategy for both short-term and long-term traders.

The opposite of a short position is a long position, where a trader buys an asset in the hopes of selling it later at a higher price.

ZIL retested the support level and we hope your buy order gets filled. ZIL trade is now running with near 35% profit. ZIL also breaks the $0.0482 resistance area. You can book some profit here and hold the rest with tight stop loss. The next resistance is the $0.0582-$0.0613 area.

#TKO /BTC Also Doing good job after the call. Price made a high of 1580 SATs, which is 16% from our entry. I hope you locked profits put there. Keep Earning 🚀.

POLS made a high of 3016 sats, that is more than 27% profit from our buying price. Market is not good still our technical analysis team able to find good gems. Our team always try to find coins with best TA setup and good fundamentals. Pin our channel on top to never miss a signal and share it with your friends and family. Premium members gets better entry and early signals. Keep Earning 😊

USDT pair also did a great job. Price made a high of $0.64, which is 30% Quick profit.

#BOND did a really good job in a short span of time, straight away hits out third target and made a high of 1888 SATs, which is 50% massive profit. I hope you locked this quick and massive gain in short period of time 😊😊

We bought ETH at the $900-$950 area and held that position. ETH is now trying to break the $1260-$1270 resistance area. A break above this level will send us towards the next major resistance of the $1400-$1450 area. The local support is $1150 and $1050 level. Wait for a break above $1270 if you are looking for new entries.

FOR/BTC
ForTube, previously known as the Force Protocol, describes itself as a suite of distributed crypto-finance service protocols that runs on an open-source blockchain.

Technically lying above strong support. RSI is in the oversold region. MACD is showing bullish momentum. It will pump hard from here.

Targets : 93-105-135-175-205

FOR/USDT lying above strong support. Stochastic is giving a buying signal. It will bounce hard from here 😊🚀

Targets: $0.01977-0.02522-0.03085-0.03755

SL: $0.01522

FOR/USDT breakout, seems ready to take off 🚀

AAVE analysis:

AAVE has rejected from the resistance of the $74.3-$76.6 area. The local support is $68 level and major support is $61.8-$63.7 area. Wait for a test of the support area for new entries. A break above $76.6 is bullish and we see a good upward move after that. Currently, there is no trade setup in AAVE.

Bitcoin gives a fakeout above the resistance level to hunt stop loss and liquidate high leverage positions. BTC is now trading below the resistance level which is not a good sign. Today global markets opening will decide the next move for BTC. The support and resistance levels remain the same.

Educational Post:

Proof of Work (PoW) vs Proof of Stake (PoS)

Proof of Work (PoW) and Proof of Stake (PoS) are the most common consensus mechanisms. They are adopted by major cryptocurrencies to secure their network.

Proof of Work is used in Bitcoin to validate transactions and secure the network. Apart from other things, PoW prevents double-spending. The blockchain is secured by participants called miners, who use computational power to compete for the right to confirm new blocks and update the blockchain. A successful miner will be rewarded in BTC by the network. A miner can get a block reward of 6.25 BTC plus transaction fees by successfully mining a Bitcoin block.

The major difference between PoW and PoS is the way they determine who gets to validate a block of transactions. Proof of Stake is the most popular alternative to Proof of Work. It’s a consensus mechanism that aims to improve on some of the limitations of PoW, such as scalability issues and energy consumption. In PoS, participants are called validators. They don’t need to use powerful hardware to compete for the chance to validate a block. Instead, they need to stake (lock) the native cryptocurrency of the blockchain.

The network then selects a winner based on the amount of crypto staked, who will be rewarded a proportion of the transaction fees from the block they validate. The more coins staked, the higher the chance to be chosen as a validator.

Apart from Bitcoin, PoW is also used in other major cryptocurrencies like Ethereum (ETH) and Litecoin (LTC). In contrast, PoS is used by Binance Coin (BNB), Solana (SOL), Cardano (ADA), and other altcoins. It’s worth noting that Ethereum plans to switch from PoW to PoS in 2022.

Hoping you booked profit in WAVES near the resistance level. WAVES tested the support again and bounced from there. WAVES is losing strength and there is no clear move yet. Wait for some time for new entries.

Bitcoin dominance is unable to break above the major resistance level. BTC Dominance also broke the 44.5% support level and altcoins moved in BTC pair. The next support is 42.40-42.50% area and we see a test of this level. We might see some upward movement in altcoins (in BTC pair especially) in the coming days. Don't open big positions in altcoins as BTC dominance may reverse from the support area.