Trading Crypto Guide ™
#ETH moving as planned, price broke below the minor support zone and directly pushed to the specified support zone. Price just left a wicked show buy pressure. Currently, again going lower trying to gain momentum. Wait for the price to breakout or it might…
#ETH still struggling between these zone, just moving back and forth now. Price breaking structure indicating more correction in short term. In this case price can again test back to the major support zone $3576 - $3636.
Trading Crypto Guide ™
Which Coin Analysis You Want?
Here's the analysis of #DOGE :
#DOGE is consolidating in a range for a long time. Price recently got a sharp rejection from the resistance zone of $0.264 - $0.272 and now the price moving back to support area around $0.225 - $0.234. This zone could be buying opportunities, so put some buy limit over there. Low risk is recommended as alts are not clearly driven now with the market.
#DOGE is consolidating in a range for a long time. Price recently got a sharp rejection from the resistance zone of $0.264 - $0.272 and now the price moving back to support area around $0.225 - $0.234. This zone could be buying opportunities, so put some buy limit over there. Low risk is recommended as alts are not clearly driven now with the market.
Trading Crypto Guide ™
#BTC facing resistance from the previous swing high. Price just wicked above it taking all the stops over there those who build short positions. Looks like the price can take a little bit of correction now, nearly around $60,500. Overall, the price is bullish…
Price just took a very minor correction and break the highs. Now, #BTC entered the ATH zone and a decision point where the price can react but not much. Wait for the break of the zone/ ATH to kick in FOMO in the market. There's also a probability that alts also react with the FOMO now.
What is Funding Rates?
Funding rates refer to the Periodic payments to traders that are long or short based on the difference between perpetual contract markets and spot prices.
Well, few traders use this data to measure the market sentiment as this difference increases to a much larger extent means the market is not super greedy in nature and you want whales will easily manipulate the market in their favor to cut off those positions.
These data may vary for different exchanges but usually, there are many websites that offer comprehensive data for crypto trading and are much more reliable than others.
In-short, Positive funding rates indicate that long position traders are dominant and are willing to pay funding to short traders and Negative funding rates indicate that short position traders are dominant and are willing to pay long traders.
Funding rates refer to the Periodic payments to traders that are long or short based on the difference between perpetual contract markets and spot prices.
Well, few traders use this data to measure the market sentiment as this difference increases to a much larger extent means the market is not super greedy in nature and you want whales will easily manipulate the market in their favor to cut off those positions.
These data may vary for different exchanges but usually, there are many websites that offer comprehensive data for crypto trading and are much more reliable than others.
In-short, Positive funding rates indicate that long position traders are dominant and are willing to pay funding to short traders and Negative funding rates indicate that short position traders are dominant and are willing to pay long traders.
Trading Crypto Guide ™
#BTC.D is broken its previous swing high and now potentially it can move higher till 48%. Already told you to use tight stops now. Yesterday, alts gave a quick dump and recovery as #BTC rallies again to its previous highs. Alts will not rally unless #BTC.D…
Trading Crypto Guide ™
#DOT barely hits below $39 and moved up. Now price again coming down to and can retest back to support. You can start building your position between $38 - $40. #DOT is a very good coin for the long term and some massive moves are expected till the year-end.
Trading Crypto Guide ™
#ETH still struggling between these zone, just moving back and forth now. Price breaking structure indicating more correction in short term. In this case price can again test back to the major support zone $3576 - $3636.
#ETH moved back to the major resistance zone, price barely taps it. Now, #ETH facing congestion in price on 4H. In the short term, price can dip below $3800 but overall this might gonna move sideways unless it breaks either side.
On 1H, the price moves up with the supporting trendline. If prices break below the trendline then we may see price #ETH dipping till the major support zone around $3600.
On 1H, the price moves up with the supporting trendline. If prices break below the trendline then we may see price #ETH dipping till the major support zone around $3600.
Trading Crypto Guide ™
Price just took a very minor correction and break the highs. Now, #BTC entered the ATH zone and a decision point where the price can react but not much. Wait for the break of the zone/ ATH to kick in FOMO in the market. There's also a probability that alts…
#BTC broke the ATH level massively to the upside.🚀🚀 Now it's time for a confirmation to wait for the daily candle closing the previous ATH. Congratulations to those who hodl this long 💪.
Trading Crypto Guide ™
Which Coin Analysis You Want?
Here's the analysis of #TRX :
#TRX is in a range for 2 weeks now price trying to break the major resistance zone of $0.102 - $0.105, which will break the range too. The daily candle closing above the zone is bullish. Not buy calls on #TRX now. Wait for the price to break the resistance zone and turn it into support. Alternatively, if the price dips from here $0.922 is a good area to start buying.
#TRX is in a range for 2 weeks now price trying to break the major resistance zone of $0.102 - $0.105, which will break the range too. The daily candle closing above the zone is bullish. Not buy calls on #TRX now. Wait for the price to break the resistance zone and turn it into support. Alternatively, if the price dips from here $0.922 is a good area to start buying.
Trading Crypto Guide ™
Price just took a very minor correction and break the highs. Now, #BTC entered the ATH zone and a decision point where the price can react but not much. Wait for the break of the zone/ ATH to kick in FOMO in the market. There's also a probability that alts…
So, #Bitcoin breaks its All-Time High. Price also gives a daily close above candle too, which is bullish. Now, #BTC is retesting it as a support zone. If the price break below this around $62,500 is the next decent support zone. We can more up-move in coming days. The next target is $70,000 and above.
This graph refers to the BTC funding rate in all exchanges. It's been positive from the start of the month till now, which making the whole market bullish. Last ATH, funding rates are pretty huge but comparing with current senerio, funding rates still have a room to play. But still we recommend people stops in trades as market will be aggressive and volatile too.
Trading Crypto Guide ™
#DOT dips till Around $40 and moved up. Price have a decent profit of 5% now. Still, #DOT can dips below $40, because price is creating Liqudity below it where it can taps. $38.22 - $39.42 is the major support zone, were most likely it gonna bounce.
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