SOL did gave a breakout to the upside and ended up being a fakeout as expected. We already mentioned for wait to break of a $35.00 high. Now price is retracing back, and expected a bounce from $31.20 drawn support.

#XRP reversing back and may give a failure swing. Price is trying to break below the strong support of $0.45 - $0.47. If price closes below this level, then you can expect a clean push till $0.40 and $0.37 support.

LINK Analysis :

LINK just moved up from the supporting uptrend line and now ranging a bit. Price is not giving a clear direction yet and reject from the build-up resistance zone of $8.00 - $8.10. Wait for breakout above this zone, for potential buy setups.

Bitcoin broke the small resistance line and pumped from there. The resistance is $20,500 and $21,400, and we may see some profit booking here. A break above $21,500 will bring positive sentiments to the market. The support level remains the same.

Update on Deposit and Withdrawal Fees for LUNC and USTC on Terra Classic (LUNC) Network (2022-09-27)

https://www.binance.com/en/support/announcement/0e873f858947442b81ac493d4c677baf

After a fakeout, SHIB is able to break the falling wedge pattern. We will see a test of the $0.00001100 level before the next move. You can add a small long position here with tight stop loss. The next major resistance is the $0.00001300-$0.00001350 area.

BURGER analysis:

BURGER is trading in the pattern and we have seen many failed attempts of breakout. The resistance is the $1.00-$1.05 area and a break above this is bullish. Wait for a break above this for new entries. The support is the $0.922-$0.934 area.

Bitcoin is unable to hold above the $20,000 level. Global markets are hitting hard and this is the reason for the dump. The support is $18,000-$18,500 and this is the must-hold point. Keep tight stop loss in all trades.

LTC analysis:

LTC is now testing the major support of the $51-$52.50 area. This is the must-hold support level, a break below this will lead to a heavy sell-off. The resistance is $55.40-$56 area. You can add some long positions at the support with a stop loss below $50.

LINK given a breakout of thr build-up resistance and price hodls above it. Right now, price is retracement back to the minor support and looks for small buys here with stops below major swing low.

CELO analysis:

CELO is trading in the downtrend channel. The local resistance is $0.815 area and the major resistance is $0.915-$0.93 area. The support is the $0.76 level and the $0.715-$0.72 area. There is no clear direction yet so better to wait for a test of the support zone.

Bitcoin is again bounced from the support of the $18,000-$18,500 area. The resistance is $20,000-$20,500 zone and we need to hold above this level. Exit all long positions if BTC broke below $18,000 support.

LINK broke the uptrend channel and we may see more downward movement. If you have long positions open then use a stop loss of just below the $7.45 level.

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https://www.binance.com/en/support/announcement/5ec076eec0cb49babae90f6b0597d5c7

Educational Post:

What Is Etherscan and How to Use It?

Etherscan is a blockchain explorer for the Ethereum network. The website allows you to search through transactions, blocks, wallet addresses, smart contracts, and other on-chain data. It's one of the most popular Ethereum blockchain explorers and is free to use.

Using Etherscan can help you understand exactly how you interact with the blockchain, other wallets, and DApps. This knowledge can also help you stay safe and spot suspicious behavior.

To use Etherscan, you'll need a wallet address, transaction ID (TXID), contract address, or another identifier to paste into the search field. The information you'll see will depend on what you're looking at, but most of it will include associated transactions, addresses, timestamps, and amounts.

You can also interact directly with smart contracts to make transactions, check gas fees, and search for airdrops through Etherscan.

Why should I use Etherscan?

Etherscan is one of the most trusted and popular block explorers for Ethereum. However, it’s more important to understand why you should use a block explorer like Etherscan to check on-chain information. Having more knowledge of how you interact with the blockchain can help you better understand what's going on with DApps and transactions. This knowledge can also keep you safe and help you spot suspicious blockchain activity.

For example, whale alerts let you know if large amounts of a cryptocurrency have been moved onto an exchange. While not always the case, this information might suggest a large sell-off. You can also see what the founders of a project are doing with their project's tokens. This can help you spot potential scams or rug pulls, where developers abandon their projects and sell their coins.

POLS/BTC
Polkastarter is a decentralized fundraising platform empowering Web3 projects to launch and raise funds through multi-chain token pools whilst significantly growing their communities.

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: 2772-3450-4070-4500 satoshi

POLS/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: $0.534-0.645-0.735-0.8575

SL: $0.448

LTC analysis:

LTC broke the symmetric triangle in a downward direction. There is also a retest of the trendline and this confirmed the downtrend movement daily. We may see more downfall if LTC broke below the $50 support level.

Bitcoin is going sideways and there is not much movement in the market. Global markets experiencing selling pressure and we may see the same in Bitcoin. Use tight stop loss in all trades.

Educational Post:

The Tulip Mania Bubble

The Tulip Mania took place in the Netherlands, during the Dutch Golden Age. The country had the highest global per capita income at that time, thanks to its growing international commerce and extensive trading operations.
The economic boom helped many people achieve wealth and prosperity, which in turn drove the market for luxury goods. In this context, one of the most coveted items were tulips, particularly those that had a mutation to make them even more stunning than the typical flowers. These unique flowers were much different from the other options available, so everyone wanted to show them off due to their unusual colors and patterns.

Depending on the variety, the price of a single flower could easily exceed the income of a skilled worker or even the price of a house. The creation of futures contracts pushed the prices even higher as the flowers didn’t have to physically change hands. It’s said that the bubonic plague also had an impact on the market because people were more inclined to take investment risks.
But with more and more farmers growing the flowers, the supply eventually got too high, and the tulip market found its peak in February of 1637. There was a sudden lack of buyers, and after a failed tulip auction in Harlem, fear and panic spread very quickly, causing the bubble to burst in a just a few days.

Historians aren't sure whether any bankruptcies actually occurred due to Tulip Mania, as financial records are hard to come by from that period, but the crash certainly caused significant losses to investors that were holding tulip contracts. But what does it have to do with Bitcoin?

Tulip Mania vs. Bitcoin

The Tulip Mania is considered by many as a prime example of a bursting bubble. The popular narrative describes an episode of greediness and hype that drove the price of tulips far beyond reasonable levels. While savvy people started to get out early, the late ones were panic selling after the free fall started, causing many investors and service providers to lose a lot of money.

It is quite common to hear that Bitcoin is another example of a financial bubble. But, connecting the Tulip Mania with Bitcoin fails to account their different asset classes and market circumstances. Our current financial environment is completely different and with far more players than the tulip markets of the 17th century. Moreover, the cryptocurrency markets are quite distinct from the traditional markets.

Main differences

One of the biggest differences between tulips and Bitcoins is the potential to act as a store of value. The tulips had a limited lifespan, and it was almost impossible to tell the exact variety or appearance the flower would have just by looking at the bulb alone. Merchants would have to plant it and hope that they got the exact type that they invested in, especially if they paid for one of the rare colors. Other than that, if they wanted to transfer tulips, they needed a way to safely ship them to their destination with all of the associated costs. Tulips were also unsuitable for payments because it was not possible to divide them into smaller parts, as that would most likely kill the plants. In addition, flowers could be easily stolen from fields or out of a market stall, making them harder to protect.

In contrast, Bitcoin is digital and can be transferred within a global peer-to-peer network. It is a digital currency that is secured by cryptographic techniques, making it highly resistant to frauds. Bitcoin cannot be copied or destroyed and can be easily divided into multiple smaller units. Furthermore, it is relatively scarce, with a limited supply fixed at a maximum of 21 million units. It is true that the digital world of cryptocurrencies presents some risks, but following general security principles will likely keep your funds safe.

POLS USDT pair made a high of $0.539, that is more than 13% profit from our entry. Increase your stop loss and enjoy profit. Keep Earning 😊