Trading Crypto Guide
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We believe in technical analysis and fundamental analysis. We always try to give best analysis based on charts and upcoming events. Always do your own research. Educational stuff only.

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Trading Crypto Guide
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Here's the analysis of #SAND :

#SAND is been trading inside the large downtrend channel pattern and currently testing the resistance line of that channel. Also, price trading above the support zone of $0.512 - $0.527, so potential buy setup will form after break of the channel and a flip below will open the short-sell opportunity.
#BITCOIN Daily TF ANALYSIS :

#BITCOIN on Daily TF, creating the Falling Wedge Pattern and lying the support zone of $27,000. It quite creating a consolidation range above it, and a breakout is needed to next impulsive move in the market. As per market structure, its trending bearish, so a flip below will be the High Probable for it.
Trading Crypto Guide
#LINA gave a strong push above the resistance area but rejected hard. If you took aggresive entry then good for you. Eventually price break the zone and you can wait for a retest to happen back to zone as support for buys.
#LINA is been is trying to break- below of the major support area and price doesn't give any reaction for buys too. Now, if Daily Candle trying to close back inside it, and can be, the potential opportunity for shorts.
Under the present #market circumstances, Bitcoin miners continue to be profitable, earning a total revenue of $24.1 Million from block subsidies and transaction #fees. With an estimated production cost of $19.1 Million, they achieve a net profit of $5 Million.

With the Previous Data, #Miners Remains Profitable and Kinda Hodling the Coin, Which Eventually, reducing the Fresh Supply in the Market.
What is Double Spending ?

Double spending is a term used in the context of cryptocurrencies, particularly Bitcoin, to describe a fraudulent action where the same digital currency is spent more than once. In a decentralized and distributed network like Bitcoin, transactions are validated and added to the blockchain through a process called mining. Double spending occurs when someone successfully spends the same Bitcoin or cryptocurrency token in multiple transactions, effectively creating counterfeit money.

To prevent double spending, cryptocurrencies employ consensus mechanisms like Proof of Work or Proof of Stake, which require miners or validators to solve complex mathematical problems or stake their own cryptocurrency as collateral. These mechanisms ensure that transactions are verified and recorded in a secure and immutable manner, making it extremely difficult for someone to spend the same funds twice.

Double spending is a serious concern in digital currencies, and the robustness of the underlying consensus mechanism is crucial in preventing such fraudulent activities and maintaining the integrity of the cryptocurrency network.
Choose a Coin For Analysis
Anonymous Poll
46%
ACH
15%
ILV
11%
XVS
17%
NEXO
11%
SSV
Trading Crypto Guide
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Here's the Analysis of #ACH :

#ACH is been trending inside the Rising Wedge Pattern and Rejected from the Strong Resistance Zone of $0.0305 - $0.0311. Price Action looks very messy at the point, kinda formed the Consolidation Range. We need to wait for a breakout of the Strong Resistance area or Rising Wedge Pattern.
Trading Crypto Guide
#BITCOIN WEEKLY UPDATE : #BITCOIN on Weekly TF, tying to sustain the Support from Daily TF and building support on Weekly too. Today is the Weekly Closing, if this candle close strong bullish, then we can anticipate a retest back till Weekly Resistance Area…
#BITCOIN WEEKLY UPDATE :

#BITCOIN on Weekly TF closed the Candle Bullish and Nearly gone to our mentioned level. Price Rejected from there and Kinda closing with Strong Bearish Volume. Price still hodling above the support zone from Daily TF. A closing within the Zone will continue the range and a breakout is needed to be seen, for the next potential move.
Trading Crypto Guide
#LINA is been is trying to break- below of the major support area and price doesn't give any reaction for buys too. Now, if Daily Candle trying to close back inside it, and can be, the potential opportunity for shorts.
#LINA Goes in our direction as predicted, short-sells working great, Position moving in 12.8% in profit, so do secure some positions. Price breaking below the strong support zone, and if Daily Candle Closed below it, then we can see price continue pushing down.
Trading Crypto Guide
Here's the analysis of #SAND : #SAND is been trading inside the large downtrend channel pattern and currently testing the resistance line of that channel. Also, price trading above the support zone of $0.512 - $0.527, so potential buy setup will form after…
SAND is been given a Daily Candle Close above the Channel Pattern but Breakout was not so strong. Buyers confidence looks good, We need to see a flip above a resistance around $0.587 for long positions.
What is Fork in Crypto ?

a #Fork refers to a significant change or divergence in the protocol of a blockchain network. It is a term used to describe the splitting of a #blockchain into two separate paths, each following its own set of rules.

There are two main types of forks: hard forks and soft forks.

#Hard Fork: A hard fork involves a substantial change in the protocol that is not #backward-compatible. It creates a permanent #divergence in the blockchain, resulting in two separate chains. #Nodes or participants who do not upgrade to the new protocol will continue to follow the old chain, while those who adopt the changes will follow the new chain. Hard forks often lead to the creation of new #cryptocurrencies with their own separate blockchain.

#Soft Fork: A soft fork, on the other hand, is a backward-compatible upgrade to the #protocol. It introduces changes that are compatible with the #existing rules, allowing nodes that have not #upgraded to continue validating transactions on the updated blockchain. In a soft fork, the blockchain remains as a single unified #chain, but nodes that have upgraded will enforce additional rules.
Choose a Coin For Analysis
Anonymous Poll
19%
BAND
35%
LINK
6%
JST
28%
TRX
32%
FIL
Trading Crypto Guide
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Here's the Analysis of #LINK :

#LINK is been in a consolidation Range like a month now, and moving inside the channel pattern. The Support Zone is at $6.243 - $6.302 and Resistance is at $6.757 - $6.817. Nothing Fancy Now, wait for a Breakout of the range, or either test the Resistance for Shorts.
Trading Crypto Guide
#Bitcoin rejected the support zone again, making it more stronger and high liquidity area. Price now created a consolidation ranger tested the 4H Resistance and resistance around $27,340.
#Bitcoin is been pushed back to the strong resistance area and rejected hard from there and again approaching towards the strong support zone of $26,500 - $26,570. Already, mentioned its a Consolidation, and price to following it up only. Wait for a breakout 📈📉
#BTC.D (#Bitcoin Dominance) trending lower with the #Bitcoin down-move, which compensated the Altcoin movement. Index Rejected from the Major Resistance Area around 48.65% and might reach the support around 47% and lower. We can see Altcoin short-term movement, if #BTC sustain above the $27,600 Support.
Approximately 780K #Bitcoin, which accounts for about 4.6% of the total circulating supply, has been acquired at the current spot price of approximately $26,800.

The significant concentration of Bitcoin within this particular price range means that any movement, whether up or down, would result in a considerable number of coins shifting into positions of profit or loss. This emphasizes the heightened sensitivity of our current situation.
What is #DeFi ?

#DeFi, short for Decentralized Finance, refers to a category of financial applications and platforms built on #blockchain technology. It aims to recreate traditional financial systems and services, such as lending, borrowing, trading, and investing, in a #decentralized and permissionless manner, without the need for intermediaries like banks or #financial institutions.

In #DeFi, smart contracts are used to automate and execute financial transactions, allowing users to interact directly with the protocol using their digital assets. This eliminates the need for traditional intermediaries, reduces costs, and provides greater accessibility and financial inclusivity.

Key characteristics of #DeFi include open and transparent protocols, #permissionless access, composability (the ability to combine different #DeFi protocols and services), and the use of cryptocurrency or digital assets as #collateral or means of exchange.

#DeFi has gained significant popularity and growth in recent years, offering users opportunities to earn passive income, participate in #yield farming, access decentralized exchanges, and engage in other #innovative financial activities within the cryptocurrency #ecosystem.
Choose a Coin For Analysis
Anonymous Poll
48%
OCEAN
21%
WRX
8%
OG
10%
FLUX
32%
OP
Trading Crypto Guide
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Here's the analysis of #OCEAN :

#OCEAN is been nearly rejected from the major resistance zone of $0.442 - $0.448 and currently rejecting the support area strongly around $0.337 - $0.343 with a trendline confluence. If daily candle form support, then we can look for buys after that. Short-sell will only after the break of the zone.
Trading Crypto Guide
#Bitcoin is been pushed back to the strong resistance area and rejected hard from there and again approaching towards the strong support zone of $26,500 - $26,570. Already, mentioned its a Consolidation, and price to following it up only. Wait for a breakout…
#Bitcoin dropped hard and broke out of the consolidation range and Strong support zone too around $25,880 - $26,040. Well thats a strong breakout, so a pullback is expected till strong resistance zone to continue pushing lower.
In Past 24 Hours, a Massive Liquidation Happened, which was more than $300M.