#Bitcoin moved as expected, price breakout of the consolidation range with the monday market open. Also, price move above the rejection area looking left and expected to reach out till strong resistance level of $24,450 - $24,880.

#OCEAN given a break below of the rising wedge pattern and if you took sells, its running around 6% in profit. Market is retracing a bit, so better move the stops. Expecting a full drop till major support and buys over there too.

This is the example of Market Structure Shifts. Tried to put all details in charts as possible. I hope this will give a clear view in changing Market Direction.

#DYDX goes till profit around 7.8% and reversed. Price again rejected from the same area, making it a strong level now. Currently, price looking sideways and market too. Scalp only possible, so you can look for mentioned levels.

Here's the analysis of #WAVES :

#WAVES is been in a retracement phrase back to the support area of $2.48 - $2.52. Price still have open room for the movement till next strong resistance around $3.11 - $3.14. Currently, due to ranging market, we may see a break below and potentially reach till major support around $2.09 - $2.25. Buys are expected over there, so wait for the opportunity.

#Bitcoin made a revered from the rejection area, where price stop-hunted that high. Currently, price nearly reached the bottom of the consolidation range, which is now meant to be a strong support. #BTC must needs to sustain above these levels, else a breaking below will lead in $21,080 - $21,300.

What is #Bitcoin Dominance?

#Bitcoin dominance is the share of #bitcoin in the crypto market’s overall value. It is calculated by dividing BTC’s market cap by the total cryptocurrency market cap.

Traders have used #Bitcoin dominance to help understand whether #altcoins are on an up or downtrend against bitcoin. For example, one popular theory is that the crypto market is heading into a bull market if #altcoins are trending up. In 2017, for instance, a significant decline in #Bitcoin dominance signaled altcoin prices skyrocketing (rather than #BTC price declining), coinciding with the entire market entering a #bull phase.

Important things to note that, standalone, these dominance charts will not helpful. Use thus with other confluences like, #Bitcoin major levels, Greed & Fear Index, Market Sentiment etc.

#APT gone as expected, price continues to push higher. Scalp gone good and price made a high of $20.3 which is 11.8% in profits. I hope you book/closed your trade with that

#MDT Pumped higher and achieved the 1st target of $0.02966 and made a high of $0.03100, which is 18.4% in profits. I hope you looked-in some profits right here.

#MDT in #BTC pair did the same and achieved the 1st target of 128 satoshi, and price made a high of 135 satoshis, which is 18.4% in profits.

Here's the analysis of #ALICE :

#ALICE is been making some serious Higher Highs and Higher lows and rejects from the major resistance zone of $1.91 - $2.00. Price still maintaining the market structure as Bullish and might take a bounce for the supporting uptrend line. Potential buys with confirmation at $1.67 with tiny risk.

February will starts with some major Hot 🔥 News.

Keep and eye 👀 on the news and avoid over-leveraging too.

👉🏻 All Timings are in #PST

Binance Will Support the Cardano (ADA) Network Upgrade & Hard Fork

https://www.binance.com/en/support/announcement/24aeb025418749249993ea13a5840c21

#BTC bounced from the bottom of the consolidation support as said. Not really that change in price, as of now. Fundamental news are coming along, so better not to do any over-leveraging trading. Keep an eye on the mentioned support and Resistance, this will indicate the further altcoins movement.

#OCEAN moving smoothly, trade running around 10% in profits with confirmation. Price is about to reach the major support around $0.323. Possible buys may come from there, till now, secure your profits.

What is On-Chain Analysis ?

On-chain analysis is a method of analyzing #cryptocurrency transactions and activities that take place on a blockchain network. Unlike off-chain analysis, which focuses on external factors such as media coverage and market sentiment, on-chain analysis focuses solely on the data that is recorded on the #blockchain. By examining the underlying data on the #blockchain, one can gain valuable insights into the behavior and activity of users on the network.

This type of analysis is commonly used in the #cryptocurrency industry to track various metrics and KPIs such as the number and value of transactions, the number of unique addresses holding a specific token, and the distribution of token holdings among those addresses. This information can be used for #market analysis, investment research, and tracking the adoption and usage of specific #cryptocurrencies.

For example, a significant increase in the number of transactions on a blockchain network can indicate increased usage and adoption of the underlying #cryptocurrency. Similarly, a concentration of token holdings among a few addresses may indicate centralization, which could raise concerns about the #decentralization of the network.

In short, on-chain analysis is an important tool for understanding the underlying health and growth of #cryptocurrency networks. It provides valuable insights into the behavior and activity of users, which can help #investors, #traders, and #researchers make informed decisions.

Here's the analysis of #THETA :

#THETA is been rejected from the strong resistance level of $1.140 - $1.155. Price nearly reached out the major level of $0.956 - $0.978. Expecting a possible buys setup from there, so wait for the entry and confirmation too. A break below will open the room for short

#Bitcoin reversed from the bottom of the consolidation range and currently, price again reached up to the rejection area. Price already made up a large pin bar Candle, showing strong sells. This may take time, but overall anticipation would be the strong resistance around $24,450 - $24,880.