Crypto Chart Alerts
Bitcoin go below the support to hunt stop loss and liquidate over leveraged positions. BTC unable to close a candle above the $20,000. This is the key level to flip. Wait for the weekend before opening new trades.
#BTC did tried to pump and breakout but ended up being a fake out. Now, price reversed back to the zone and holding above slightly. Market is expected to range now. You can take advantage of range trading.
Crypto Chart Alerts
#SOL Analysis : #SOL broke the downtrend resistance line and hits the major resistance level of $40.70 - $48.44. The zone is pretty huge and currently price reacted of the major resistance and price may continue to dump. so no buys right now, better wait…
SOL continue the dump as expected. The support is $31-$31.50 area and SOL is holding this support level. You can take small entries near support zone with tight stop loss. The resistance is $34.40-$35 area.
Crypto Chart Alerts
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.
WAVES continue the downward movement and we already told you that it is losing strength. WAVES broke the support $5.20-$5.30 and now trading below it. The major support is $4.10-$4.30 area. Wait for a break above $5.30 for new long entries or test of major support area.
Educational Post:
What is Virtual Land in Metaverse?
NFT virtual land is an ownable area of digital land on a metaverse platform. Popular NFT land projects include Decentraland, The Sandbox, and Axie Infinity. NFTs are suited to representing land ownership as each one is unique and easily proves digital ownership. You can use NFT land for advertising, socializing, gaming, and work, among other use cases.
The landowner can normally use their plot to host online experiences, display content, or gain benefits in a game. Large brands and celebrities, including Adidas and Snoop Dogg, are also beginning to invest in and use NFT land.
The value of a plot is affected by its utility, project, and market speculation. You can purchase NFT land from a project in a land sale or on the secondary market via an NFT exchange, such as the Binance NFT Marketplace or OpenSea. Before purchasing, make sure you understand the risks and use cases of the land and its associated project. In some cases, it might be better to rent instead of buying an NFT land.
There are two main methods for purchasing Metaverse NFT land. You can take part in a land sale and purchase it directly from the project, or you can buy land from other users through a marketplace.
An NFT land sale is a good way of buying your land at a lower price than on the secondary market. Most large metaverse projects with NFT land have seen rising prices, meaning buying land in a sale tends to be better. Some projects sell all their plots in one go, while others sell them in rounds.
What is Virtual Land in Metaverse?
NFT virtual land is an ownable area of digital land on a metaverse platform. Popular NFT land projects include Decentraland, The Sandbox, and Axie Infinity. NFTs are suited to representing land ownership as each one is unique and easily proves digital ownership. You can use NFT land for advertising, socializing, gaming, and work, among other use cases.
The landowner can normally use their plot to host online experiences, display content, or gain benefits in a game. Large brands and celebrities, including Adidas and Snoop Dogg, are also beginning to invest in and use NFT land.
The value of a plot is affected by its utility, project, and market speculation. You can purchase NFT land from a project in a land sale or on the secondary market via an NFT exchange, such as the Binance NFT Marketplace or OpenSea. Before purchasing, make sure you understand the risks and use cases of the land and its associated project. In some cases, it might be better to rent instead of buying an NFT land.
There are two main methods for purchasing Metaverse NFT land. You can take part in a land sale and purchase it directly from the project, or you can buy land from other users through a marketplace.
An NFT land sale is a good way of buying your land at a lower price than on the secondary market. Most large metaverse projects with NFT land have seen rising prices, meaning buying land in a sale tends to be better. Some projects sell all their plots in one go, while others sell them in rounds.
Crypto Chart Alerts
#BTC did tried to pump and breakout but ended up being a fake out. Now, price reversed back to the zone and holding above slightly. Market is expected to range now. You can take advantage of range trading.
Bitcoin is trying to hold the support level. A close below this support is bearish. BTC need to break and hold above $20,000 to get some positive momentum. Lets see how global markets react on Monday.
Educational Post:
What are meme coins?
Meme coins are cryptocurrencies inspired by memes or jokes on the Internet and social media. The first meme coin created was Dogecoin (DOGE). Launched in 2013 as a parody, DOGE was inspired by the popular Doge meme of a Japanese Shiba Inu dog.
Meme coins tend to be highly volatile. They are mainly community-driven and can gain popularity overnight due to online community endorsements and FOMO. Still, their price can also slump unexpectedly when traders turn their attention to the next meme coin.
Another characteristic of meme coins is that they often have a huge or unlimited supply. For example, Shiba Inu (SHIB) has a total supply of 1 quadrillion tokens, while DOGE has no maximum supply, and over 100 billion tokens are already in circulation. As meme tokens generally do not have a coin-burning mechanism, the huge supply explains their relatively low prices. With just $1 USD, you can buy millions of meme tokens.
Another reason why retail investors find meme coins attractive is that they typically only cost a few cents or even a fraction of a cent. Technically, the low price doesn’t mean much because these coins have huge supplies. Still, holding millions of a certain meme coin feels different than holding a fraction of ETH or BTC. Traders can get thousands or even millions of DOGE, SHIB, or Akita Inu (AKITA) tokens with just a few dollars.
What are meme coins?
Meme coins are cryptocurrencies inspired by memes or jokes on the Internet and social media. The first meme coin created was Dogecoin (DOGE). Launched in 2013 as a parody, DOGE was inspired by the popular Doge meme of a Japanese Shiba Inu dog.
Meme coins tend to be highly volatile. They are mainly community-driven and can gain popularity overnight due to online community endorsements and FOMO. Still, their price can also slump unexpectedly when traders turn their attention to the next meme coin.
Another characteristic of meme coins is that they often have a huge or unlimited supply. For example, Shiba Inu (SHIB) has a total supply of 1 quadrillion tokens, while DOGE has no maximum supply, and over 100 billion tokens are already in circulation. As meme tokens generally do not have a coin-burning mechanism, the huge supply explains their relatively low prices. With just $1 USD, you can buy millions of meme tokens.
Another reason why retail investors find meme coins attractive is that they typically only cost a few cents or even a fraction of a cent. Technically, the low price doesn’t mean much because these coins have huge supplies. Still, holding millions of a certain meme coin feels different than holding a fraction of ETH or BTC. Traders can get thousands or even millions of DOGE, SHIB, or Akita Inu (AKITA) tokens with just a few dollars.
We are in a #Bitcoin miner capitulation period.
The growth in cumulative miner to exchange flows spiked recently at a time of low prices.
In the chart we can see when miners:
- Sold at times of high market profits (🟩🟨🟧🟥)
- Sold at times of market losses/capitulate (🟪🟦)
The growth in cumulative miner to exchange flows spiked recently at a time of low prices.
In the chart we can see when miners:
- Sold at times of high market profits (🟩🟨🟧🟥)
- Sold at times of market losses/capitulate (🟪🟦)
UTK/BTC
Utrust (UTK) was designed to provide a solution to the problems resulting in low usability of cryptocurrency as means of payment, particularly the underdeveloped transactional security of payment platforms and relatively high fees.
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: 683-850-975-1355 satoshi
Stop if 1D close below 503🚨
Utrust (UTK) was designed to provide a solution to the problems resulting in low usability of cryptocurrency as means of payment, particularly the underdeveloped transactional security of payment platforms and relatively high fees.
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: 683-850-975-1355 satoshi
Stop if 1D close below 503🚨
Crypto Chart Alerts
Bitcoin is trying to hold the support level. A close below this support is bearish. BTC need to break and hold above $20,000 to get some positive momentum. Lets see how global markets react on Monday.
#BTC still hodling above the support zone but now forming the symmetrical triangle pattern. A breakout either will decide the Direction of new impulsive move. Till now, all the support and resistance will remain the same.
#Glassnode data
Bitcoin Whales Now Control 45.6% of BTC Supply & Continue to Aggressively Accumulate.
Bitcoin Whales Now Control 45.6% of BTC Supply & Continue to Aggressively Accumulate.
DREP/BTC
DREP is committed to building “connectors” and “toolboxes" based on blockchain technology, and aims to provide solutions that combine ease of use, flexibility, and frictionless integration.
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: 3100-3450-3875-4285 satoshi
DREP is committed to building “connectors” and “toolboxes" based on blockchain technology, and aims to provide solutions that combine ease of use, flexibility, and frictionless integration.
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: 3100-3450-3875-4285 satoshi