Trading Crypto Guide ™
#MATIC moving 😊🚀. I hope you bought some after closing 💪💪. Move stops to breakeven and hodl the trades.
#MATIC made a good profit and made a high of $0.63, which is 38.30% in profits from the entry. Price is now retracing back and expected till $0.41. Breakeven trade might gonna hit, so i hope you took the profit with the increase in market price.
The Accumulation Trend Score metric continues to return high values in excess of 0.9 throughout the month of June.
This is being primarily driven Whale (>10K #BTC) and Shrimp (< 1 #BTC) entities adding meaningfully to their on-chain balance.
For those who don't know about Accumulation Trend Score it is The Accumulation Trend Score is an indicator which reflects the relative size of entities that are actively accumulating/distributing coins on-chain in terms of their #BTC holdings.
A score closer to 1 reflects that, over the last month, big participants (or a big part of the network) have been accumulating #coins.
A score closer to 0 reflects that, over the last month, big participants haven’t been accumulating #coins or that they have been selling them.
This is being primarily driven Whale (>10K #BTC) and Shrimp (< 1 #BTC) entities adding meaningfully to their on-chain balance.
For those who don't know about Accumulation Trend Score it is The Accumulation Trend Score is an indicator which reflects the relative size of entities that are actively accumulating/distributing coins on-chain in terms of their #BTC holdings.
A score closer to 1 reflects that, over the last month, big participants (or a big part of the network) have been accumulating #coins.
A score closer to 0 reflects that, over the last month, big participants haven’t been accumulating #coins or that they have been selling them.
Trading Crypto Guide ™
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Trading Crypto Guide ™
#BTC continue dropping after the fake out. On hourly TF, price switched it momentum. Price in short-term make move till $20,170 or it can drop till $19,800. Movement now a days is very is very slow, so it may take a bit of time.
#BTC Weekly Chart :
#BTC on Weekly TF, rejecting the previous All-time High Level and its a strong support too. Candles rejected strongly and didn't gave any closing below it. Weekly Candles closing below this will lead in more fear and dump in the market.
On daily TF, price is just moving back and forth/ sideways with very less momentum. If #BTC breaks above the $23,300 then a clean traffic is opened for $27,400 and more. Till then market will continue to range.
#BTC on Weekly TF, rejecting the previous All-time High Level and its a strong support too. Candles rejected strongly and didn't gave any closing below it. Weekly Candles closing below this will lead in more fear and dump in the market.
On daily TF, price is just moving back and forth/ sideways with very less momentum. If #BTC breaks above the $23,300 then a clean traffic is opened for $27,400 and more. Till then market will continue to range.
What Are Flash Loans?
Flash loans are a new type of uncollateralized loans enforced by smart contracts pioneered by Aave, one of the top lending protocols in DeFi.
There are traditionally two types of loans: secured loans, which require collateral, and unsecured loans, which don’t. A good example of an unsecured loan is when you borrow $2,000 from a bank. Some banks are willing to lend you that amount provided that you have a good track record of paying loans. However, if the sum you intend to borrow is too large, it would be too risky for them to offer an unsecured loan, even if you have a good credit score.
How Flash Loan Attacks Work?
Flash loans allow a user to borrow as much as they want with zero capital. For instance, if you’d like to borrow $70,000 worth of ETH, a lending protocol instantly gives it to you, but that doesn’t mean it’s yours. You need to do something with the borrowed funds in order to pay back the loan and perhaps pocket the excess amount.
For this to work, the process needs to happen fast and the debt must be repaid to the protocol in time, otherwise the transaction will reverse. A decentralized lender doesn’t require collateral from you since the agreement to pay your debt is enforced by a blockchain.
Flash loans are a new type of uncollateralized loans enforced by smart contracts pioneered by Aave, one of the top lending protocols in DeFi.
There are traditionally two types of loans: secured loans, which require collateral, and unsecured loans, which don’t. A good example of an unsecured loan is when you borrow $2,000 from a bank. Some banks are willing to lend you that amount provided that you have a good track record of paying loans. However, if the sum you intend to borrow is too large, it would be too risky for them to offer an unsecured loan, even if you have a good credit score.
How Flash Loan Attacks Work?
Flash loans allow a user to borrow as much as they want with zero capital. For instance, if you’d like to borrow $70,000 worth of ETH, a lending protocol instantly gives it to you, but that doesn’t mean it’s yours. You need to do something with the borrowed funds in order to pay back the loan and perhaps pocket the excess amount.
For this to work, the process needs to happen fast and the debt must be repaid to the protocol in time, otherwise the transaction will reverse. A decentralized lender doesn’t require collateral from you since the agreement to pay your debt is enforced by a blockchain.
What's Market Next Move?
Anonymous Poll
32%
Bottomed done and now bull run
44%
Short-term bullish move and dump
24%
Consolidation Expected for a time
Trading Crypto Guide ™
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#MicroStrategy added more #Bitcoins in its reserve. Now the reserve has 129,699 #BTC.
This guys keeps on buying the dip 💪💪.
This guys keeps on buying the dip 💪💪.
All of the sudden there's a highest ever withdrawal of #Bitcoin from the exchange. This might be some whales activity after thr accumulation. We may see impact on the market due to this for thr short-term.
Trading Crypto Guide ™
#BTC continue dropping after the fake out. On hourly TF, price switched it momentum. Price in short-term make move till $20,170 or it can drop till $19,800. Movement now a days is very is very slow, so it may take a bit of time.
#BTC dumped below the $19,800 with an aggressive momentum. Price dipped below the support zone of $18,850 - $19,800. Market is is again in fear condition. Market may dump more, so better shift stops to Breakeven, if any running and avoid entering new trades.
Trading Crypto Guide ™
#XLM going great now, we're running on 2 positions with 10% and 6.7% profits respectively. Move the stop-loss to breakeven and take you profits. Major take-profits will the strong support zone around $0.10 - 0.11.
#XLM trades running smooth and playing around 17.6% and 14.6% respectively. Price broke the support level which needs to be hodled. I hope you took the major partials there and around $0.1 will the full trade closing area.
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#BTC dumped below the $19,800 with an aggressive momentum. Price dipped below the support zone of $18,850 - $19,800. Market is is again in fear condition. Market may dump more, so better shift stops to Breakeven, if any running and avoid entering new trades.
#BTC took liquidity below the support zone and bounced from there. Price tried to break the $21,000 area but rejected hard from there. Market is hanging between support and resistance level. Wait for sometime for taking new trades.
Trading Crypto Guide ™
Here's the analysis of #DOGE : #DOGE just flipped above the the major level around $0.062 - $0.064. Price recently retested the zone as support and strongly bounced. Moreover, it formed the falling wedge pattern, which leads in price to pump. You can buy…
#DOGE price dropped back to the buy zone and holding this area. Buy with tight stop loss below this zone. We might see some bounce from here. The local resistance is $0.6780-$0.6830 area. Keep stop loss below $0.62 level.
Trading Crypto Guide ™
Here's is the analysis of #ALICE : #ALICE broke out of the range and again build up a range. The upper level of the range aligns with the support around $2.29 - $2.42. A proper pullback is expected till that support where you can look for potential buys.…
#ALICE dumped from there to the support level and also broke the support level. Price is now trading below the support level. Wait for new entries we might see a test of lower support zone. Market is also looking bearish.
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Here's the analysis of #APE :
#APE recently rejected from the strong resistance of $5.37 - $5.72. Price also broke the downtrend resistance line which leads in short-term bullishness. Price now trying to gain momentum from the support level but currently buys not looking good. Price might range here so wait for the breakout.
#APE recently rejected from the strong resistance of $5.37 - $5.72. Price also broke the downtrend resistance line which leads in short-term bullishness. Price now trying to gain momentum from the support level but currently buys not looking good. Price might range here so wait for the breakout.