Crypto Banter Signals
BTC: Bitcoin is likely to test $56,280 after invalidating its 1-2 pattern in the C-wave to the upside. If the price drops below $56,280, the next support level is at $54,600, which is the invalidation point for the AB-structure, and therefore this is not strong support. If $54,600 breaks, I anticipate a move down to the mid $40,000 region. However, there is one more support level left at $51,900, which I have just added to the chart. Overall the price has only moved up and down in chaotic ways in the last few days, without being able to successfully break out to the upside. Remember that I warned about the fragility of the structure, and that chaotic movements have to be expected. So, the fact that we are back in the support zone for wave B is not particularly surprising.
BTC: Bitcoin is likely to test $56,280 after invalidating its 1-2 pattern in the C-wave to the upside. If the price drops below $56,280, the next support level is at $54,600, which is the invalidation point for the AB-structure, and therefore this is not strong support. If $54,600 breaks, I anticipate a move down to the mid $40,000 region. However, there is one more support level left at $51,900, which I have just added to the chart. Overall the price has only moved up and down in chaotic ways in the last few days, without being able to successfully break out to the upside. Remember that I warned about the fragility of the structure, and that chaotic movements have to be expected. So, the fact that we are back in the support zone for wave B is not particularly surprising.
Crypto Banter Signals
SUI: The price is still working its way through the corrective structure. A break above the red trend line could be an early signal that wave (B) has started. Now that we have reached the support zone it is possible that wave 2 is completed directly without a clear ABC structure, but for now I would prefer a clear ABC pattern as shown in yellow.
SUI: The price is still working its way through the corrective structure. A break above the red trend line could be an early signal that wave (B) has started. Now that we have reached the support zone it is possible that wave 2 is completed directly without a clear ABC structure, but for now I would prefer a clear ABC pattern as shown in yellow.
Crypto Banter Signals
BTC: The price is trying to hold above the trend line. Just to clarify, if the white 5-wave pattern to the upside unfolds, then it would need to be a diagonal, which, as we all know, is a fragile structure, which is likely going to change a few time. The only way I can see the $56,280 support hold is if this diagonal pattern completes. For now, the local invalidation point for the diagonal pattern is the wave (2) low at $57,150, but ideally the price holds above $57,600. A break below $57,600 is a first warning that the structure is collapsing.
BTC: The price is trying to hold above the trend line. Just to clarify, if the white 5-wave pattern to the upside unfolds, then it would need to be a diagonal, which, as we all know, is a fragile structure, which is likely going to change a few time. The only way I can see the $56,280 support hold is if this diagonal pattern completes. For now, the local invalidation point for the diagonal pattern is the wave (2) low at $57,150, but ideally the price holds above $57,600. A break below $57,600 is a first warning that the structure is collapsing.
Crypto Banter Signals
BTC: I repositioned the trend line. Bitcoin has been in consolidation mode throughout the day. I am still watching the white scenario as long as the intraday low holds. However, the current pattern appears to be three waves down. If we see another 3-wave move upward, that would mean three waves up, which is indecisive at best. For the white scenario to stay valid, the price needs to form a diagonal pattern, or alternatively, break yesterday’s low to signal further downside. Just some classic Friday market action.
BTC: I repositioned the trend line. Bitcoin has been in consolidation mode throughout the day. I am still watching the white scenario as long as the intraday low holds. However, the current pattern appears to be three waves down. If we see another 3-wave move upward, that would mean three waves up, which is indecisive at best. For the white scenario to stay valid, the price needs to form a diagonal pattern, or alternatively, break yesterday’s low to signal further downside. Just some classic Friday market action.
Crypto Banter Signals
AVAX: I have added a new micro support region that, if broken to the downside, will tell us that wave (3) is likely failing. Micro support for wave (3) is defined between $22.39 and $23.90. If wave (3) is unfolding, then $28.68+ is the next milestone target range. However, all 5 waves need to be completed for a confirmation that a lasting low has been established.
AVAX: I have added a new micro support region that, if broken to the downside, will tell us that wave (3) is likely failing. Micro support for wave (3) is defined between $22.39 and $23.90. If wave (3) is unfolding, then $28.68+ is the next milestone target range. However, all 5 waves need to be completed for a confirmation that a lasting low has been established.
Crypto Banter Signals
🔴 SHORT
#KEY/USDT
Entry zone : 53091_52050
Targets : 51684_50639_49595_48551_47507_46463_45419_44375
Stop loss :55693
Leverage: 5x_10x
🔴 SHORT
#KEY/USDT
Entry zone : 53091_52050
Targets : 51684_50639_49595_48551_47507_46463_45419_44375
Stop loss :55693
Leverage: 5x_10x
Crypto Banter Signals
Hi everyone! Latest Alpha from Pencil Protocol! The project has teamed up with ZkPass (an oracle for verifiable internet data) for its Soul NFT mint.
Note that this collaboration only lasts from now till 3 September 2024, so you need to act fast.
Hi everyone! Latest Alpha from Pencil Protocol! The project has teamed up with ZkPass (an oracle for verifiable internet data) for its Soul NFT mint.
Note that this collaboration only lasts from now till 3 September 2024, so you need to act fast.
Crypto Banter Signals
PenPad is an auction and yield aggregator platform, built on the Scroll EVM chain. Despite its simple website design, it is currently the top dApp on Scroll, with over $287 million in TVL! Hence, you wouldn’t want to miss its Soul NFT Drop.
Now, do note that this campaign only lasts till the end of August 2024! So, you’ll want to get moving ASAP.
https://x.com/pencilsprotocol/status/1821474405362565466
### Pre-requisites
To get started, you’ll need to have:
- A Metamask wallet with the Scroll network.
- If not already done, you can add it here: https://chainlist.org/chain/534352
- A small amount of $ETH ($5 worth) to bridge over to Scroll
- To access the bridge, go to here: https://scroll.io/bridge
Now, once you’ve gotten the above set up, the steps to get your Soul NFT is pretty easy. It just takes about 5 minutes of your time.
### Steps
1. Head on over to the link here: https://pencilsprotocol.io/soul and connect your Metamask wallet. Make sure you’re connected to the Scroll network.
2. Scroll down to the bottom of the page. You’ll see three steps: “Connect Wallet”, “Go to Profile” and “Claim NFT”.
3. Once “Connect Wallet” is done, click the next step and connect either your Google or Twitter account.
4. Lastly, click on “Claim NFT” to get your first Soul NFT. Then, verify all the steps have been done like shown below.
PenPad is an auction and yield aggregator platform, built on the Scroll EVM chain. Despite its simple website design, it is currently the top dApp on Scroll, with over $287 million in TVL! Hence, you wouldn’t want to miss its Soul NFT Drop.
Now, do note that this campaign only lasts till the end of August 2024! So, you’ll want to get moving ASAP.
https://x.com/pencilsprotocol/status/1821474405362565466
### Pre-requisites
To get started, you’ll need to have:
- A Metamask wallet with the Scroll network.
- If not already done, you can add it here: https://chainlist.org/chain/534352
- A small amount of $ETH ($5 worth) to bridge over to Scroll
- To access the bridge, go to here: https://scroll.io/bridge
Now, once you’ve gotten the above set up, the steps to get your Soul NFT is pretty easy. It just takes about 5 minutes of your time.
### Steps
1. Head on over to the link here: https://pencilsprotocol.io/soul and connect your Metamask wallet. Make sure you’re connected to the Scroll network.
2. Scroll down to the bottom of the page. You’ll see three steps: “Connect Wallet”, “Go to Profile” and “Claim NFT”.
3. Once “Connect Wallet” is done, click the next step and connect either your Google or Twitter account.
4. Lastly, click on “Claim NFT” to get your first Soul NFT. Then, verify all the steps have been done like shown below.
chainlist.org
Scroll RPC and Chain settings | ChainList
Find the best Scroll RPC to connect to your wallets and Web3 middleware providers.