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.
Crypto Banter Signals
Voila! That’s all there is to it for now. With this, you can receive Pencil points for future airdrops amongst other benefits.
Voila! That’s all there is to it for now. With this, you can receive Pencil points for future airdrops amongst other benefits.
Crypto Banter Signals
PenPad is likely to release more information in the future for its Soul NFT holders. We’ll keep you updated as they do. Till next time!
PenPad is likely to release more information in the future for its Soul NFT holders. We’ll keep you updated as they do. Till next time!
Crypto Banter Signals
📍SIGNAL ID: #1627📍
COIN: $BICO/USDT (3-5x)
Direction: LONG📈
➖➖➖➖➖➖➖
ENTRY: 0.21 - 0.233
OTE: 0.223
TARGETS
Short Term: 0.2355 - 0.238 - 0.241 - 0.245 - 0.25
Mid Term: 0.27 - 0.29 - 0.33 - 0.43 - 0.69
STOP LOSS: 0.1935
➖➖➖➖➖➖➖
📍SIGNAL ID: #1627📍
COIN: $BICO/USDT (3-5x)
Direction: LONG📈
➖➖➖➖➖➖➖
ENTRY: 0.21 - 0.233
OTE: 0.223
TARGETS
Short Term: 0.2355 - 0.238 - 0.241 - 0.245 - 0.25
Mid Term: 0.27 - 0.29 - 0.33 - 0.43 - 0.69
STOP LOSS: 0.1935
➖➖➖➖➖➖➖
Crypto Banter Signals
SOL: the price is following the micro structure nicely and has formed a healthy wave (4), after which now wave (5) to the downside could be unfolding. Ideally, wave C of ii would reach $133.95 or $127.83 before bottoming, but a break above yesterday´s high at $147.50 could be a first signal that a low has been established. A break below $119.59 would favour a more bearish interpretation, in which the larger wave 4 is still unfolding.
SOL: the price is following the micro structure nicely and has formed a healthy wave (4), after which now wave (5) to the downside could be unfolding. Ideally, wave C of ii would reach $133.95 or $127.83 before bottoming, but a break above yesterday´s high at $147.50 could be a first signal that a low has been established. A break below $119.59 would favour a more bearish interpretation, in which the larger wave 4 is still unfolding.
Crypto Banter Signals
🪙 ALPACA/USDT
Exchanges: BYBIT -
🔴 SHORT
Cross (12.5X)
Entry Targets:
0.18239
🎯 TP:
1) 0.18057
2) 0.17874
3) 0.17692
4) 0.17509
5) 0.17327
6) 0.17145
7) To the moon 🌖
⛔️ SL:
0.20063
🪙 ALPACA/USDT
Exchanges: BYBIT -
🔴 SHORT
Cross (12.5X)
Entry Targets:
0.18239
🎯 TP:
1) 0.18057
2) 0.17874
3) 0.17692
4) 0.17509
5) 0.17327
6) 0.17145
7) To the moon 🌖
⛔️ SL:
0.20063
Crypto Banter Signals
Updates on AVAX, RUNE & PENDLE
The market has been relatively sideways with little action. We saw a brief pop across the board over the last couple of days, but prices have since resettled back to their initial levels, leading to a relatively stagnant performance overall.
Looking ahead to next week, we might see some movement on the macro front, which could lead to increased price activity. Hopefully, this will provide us with more dynamic market conditions to analyse.
If there are any additional assets you’d like us to follow or analyse that we haven’t covered over the last couple of weeks, please feel free to let us know. We’re here to provide the insights you need.
Updates on AVAX, RUNE & PENDLE
The market has been relatively sideways with little action. We saw a brief pop across the board over the last couple of days, but prices have since resettled back to their initial levels, leading to a relatively stagnant performance overall.
Looking ahead to next week, we might see some movement on the macro front, which could lead to increased price activity. Hopefully, this will provide us with more dynamic market conditions to analyse.
If there are any additional assets you’d like us to follow or analyse that we haven’t covered over the last couple of weeks, please feel free to let us know. We’re here to provide the insights you need.
Crypto Banter Signals
RUNE
Following the last analysis on RUNE, there hasn't been a significant shift in market mechanics. There's no new bias suggesting any headwinds, concerns, or implications that need to be addressed. However, while price action hasn’t evolved dramatically, a few key points still deserve our attention.
Market context
Lower highs on the daily time frame formed a bearish trend, which has been broken out, as shown by the red bearish trendline.
May 20th/21st: We set a lower high in the ongoing bearish downtrend.
July 30th: Another lower high was established.
August 20th: A third lower high formed.
On August 23rd, RUNE broke out of its bearish trend and crossed above the $4 mark, which was the upper boundary of our accumulation zone ($3.2 to $4). This breakout is crucial because it marks a potential shift in short-term market structure from bearish to bullish.
The $4 level, previously resistance, has now turned into a support zone, indicating a positive change in market sentiment as long as we stay above the red trend line that previously served as resistance.
RUNE
Following the last analysis on RUNE, there hasn't been a significant shift in market mechanics. There's no new bias suggesting any headwinds, concerns, or implications that need to be addressed. However, while price action hasn’t evolved dramatically, a few key points still deserve our attention.
Market context
Lower highs on the daily time frame formed a bearish trend, which has been broken out, as shown by the red bearish trendline.
May 20th/21st: We set a lower high in the ongoing bearish downtrend.
July 30th: Another lower high was established.
August 20th: A third lower high formed.
On August 23rd, RUNE broke out of its bearish trend and crossed above the $4 mark, which was the upper boundary of our accumulation zone ($3.2 to $4). This breakout is crucial because it marks a potential shift in short-term market structure from bearish to bullish.
The $4 level, previously resistance, has now turned into a support zone, indicating a positive change in market sentiment as long as we stay above the red trend line that previously served as resistance.
Crypto Banter Signals
Current playbook
Hypothesis:RUNE’s breakout above $4 suggests a shift in short-term market bias. This development reinforces our confidence in the $3.2 to $4 accumulation zone.
Historically, these levels have provided substantial rallies. With the recent price action, it’s becoming more likely that this zone will continue to be a strong foundation for potential market recovery.
Key levels:
$3.2: A critical historical support and key accumulation zone. This level has been pivotal in the past, triggering significant bullish surges.
$4.00: Previously a resistance level, now a support. Holding above this level could indicate the start of a new upward trend.
Risk management:
Spot accumulation: Continue building a spot position within the $3.2-$4.00 range. This approach avoids the risks associated with leverage, allowing you to weather market swings and hold for long-term gains.
Leverage strategy: If considering leverage, stick to light positions (2x or 3x). Ideally, wait until the price moves closer to the $3.2 level before entering, as this minimises risk. Place stop losses below $2.553 to protect your position. This strategy assumes that the probability of price dropping to these levels is low, making it a strong setup for those willing to take on additional risk.
Current playbook
Hypothesis:RUNE’s breakout above $4 suggests a shift in short-term market bias. This development reinforces our confidence in the $3.2 to $4 accumulation zone.
Historically, these levels have provided substantial rallies. With the recent price action, it’s becoming more likely that this zone will continue to be a strong foundation for potential market recovery.
Key levels:
$3.2: A critical historical support and key accumulation zone. This level has been pivotal in the past, triggering significant bullish surges.
$4.00: Previously a resistance level, now a support. Holding above this level could indicate the start of a new upward trend.
Risk management:
Spot accumulation: Continue building a spot position within the $3.2-$4.00 range. This approach avoids the risks associated with leverage, allowing you to weather market swings and hold for long-term gains.
Leverage strategy: If considering leverage, stick to light positions (2x or 3x). Ideally, wait until the price moves closer to the $3.2 level before entering, as this minimises risk. Place stop losses below $2.553 to protect your position. This strategy assumes that the probability of price dropping to these levels is low, making it a strong setup for those willing to take on additional risk.