#Bitcoin still on a corrective phrase but this time it nearly retested the zone as resistance and might have a drop now. Still there're chances that price might goes deep inside to test the area. Keep an Eye on the Movement.

#OP taps again inside the top of the range and might get a rejection from here. Alternatively, we have to look for a clear breakout of the break or a impulse buy after the 4H Candle Closure.

By analyzing the proportion of the Market cap held at an Unrealized Loss, we can visualize the market's dynamics. During the primary bear phase, the market experiences a deep decline, leading investors to gradually exit their positions. As the market starts to recover and rally from its lows, profitability bounces back sharply, similar to the current scenario.

In past 're-accumulation periods,' the market lacks a clear macro direction, often trading sideways with volatility for several months. Now that the market has returned to this equilibrium point, it remains to be seen if a similar extended and turbulent process will be required to move beyond it.

48 hours left for our Kucoin Mega Pump! As we said earlier The whales we have onboard for this mega pump are bigger than ever, and they’ll be pushing price up to new highs every minute, we’re not likely seeing many retracements before reaching our target of 800%-1000% gains, so market buying and holding as soon as the signal is announced will be the most profitable strategy. Our goal in this pump is to guarantee all our members the biggest profits possible, aiming at a minimum of 800%!!

Read pinned post. Stay tuned.

Here's the Analysis of #XRP :

#XRP is been on strongly rejected from the major resistance zone of $0.908 - $0.914 and made a new/ fresh consolidation range of below around $0.82 - $0.83 and support around $0.686 - $0.698. Price also formed the small rising wedge pattern where breakout is pending. Best thing to do right now, wait for the breakout.

#FIO/BTC BUY/LONG CALL

Lying above strong support. EMA'S are also acting as a support. MACD crossover is showing bullish momentum. It will pump hard from here 🚀

Targets: 82-92-102-115 satoshi

Stop if 1D closes below 67 satoshi

#FIO/USDT BUY/LONG CALL

Lying above strong support. RSI is showing a bullish divergence. EMA'S are acting as solid support. Stochastic is giving a buying signal. Expecting a big upward move from here.

Targets: $0.02426-0.0295-0.034-0.042

Stop if 1D close below $0.01849

Guys don't miss out #FIO

It can pump like #WING anytime soon 🚀

#FIO/USDT breakout confirmed, getting ready to pump hard 🚀🚀

#BTC dropped after a shallow retest of the resistance back to the structural support zone and might continue to push lower. Now its a waiting time, if we break and close below $29,000 then we can see a clean move down till $26,000.

Notice Regarding the Removal of Selected Liquidity Pools on Binance Liquid Swap (2023-08-04)

https://www.binance.com/en/support/announcement/1b01b15e40054bc4868e4b9713cced80

#ARB did gave a Breakout twice but didn't gave any daily closing yet, and this is why sometimes Daily Candle closure is important. Right now, price is trying to break below the zone again. If the Daily closes below then we'll look for sells after that.

The Trend Accumulation Score by Cohort below shows that the smallest entities (<100 #BTC) have slowed down their spending over the last month. On the other hand, the whale subdivisions (>1K #BTC) demonstrated divergent behavior, with >10K #BTC whales distributing and 1K-10K accumulating at a significantly higher rate.

What is Descending Triangle ?

A Descending Triangle is a bearish chart pattern commonly seen in financial markets, including the cryptocurrency market. It forms when the price of an asset creates a series of lower highs, forming a descending trendline, while the lower boundary, known as the horizontal support level, remains relatively flat. This results in the formation of a triangle pattern.

Traders and investors interpret the Descending Triangle as a potential bearish continuation pattern. As the price consistently makes lower highs, it indicates increasing selling pressure and a reluctance from buyers to push the price higher. When the price breaks down below the horizontal support level, it confirms the pattern and may lead to further downward movement.

To identify a Descending Triangle, traders look for decreasing trading volumes during the formation of the pattern. A breakdown with a surge in trading volume further validates the pattern and increases the likelihood of a bearish trend continuation.

Here's the Analysis of #BNB :

#BNB is been consolidating between the major support zone of $209 - $220 and Resistance Area of $253 - $262. Small Channel pattern we can see where price went too major resistance again. Its waiting time for the #BNB. Short sells at major residence possible.