#PRA
#SLP/USDT analysis -
#SLP is in an uptrend, making higher highs (HHs) and higher lows (HLs) in its structure while finding support over the trendline. The price is currently in a correction phase and consolidating over the support zone. Wait for the price to break out of the trendline and break the $0.00428 level upside to go long.
TF : 1D
Entry : $0.00428
Target : $0.00788
SL : $0.00313
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....
#SLP/USDT analysis -
#SLP is in an uptrend, making higher highs (HHs) and higher lows (HLs) in its structure while finding support over the trendline. The price is currently in a correction phase and consolidating over the support zone. Wait for the price to break out of the trendline and break the $0.00428 level upside to go long.
TF : 1D
Entry : $0.00428
Target : $0.00788
SL : $0.00313
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....
RG Analitics π’ [PRIVATE CHANNELπ]
Bitcoin is currently attempting to hold the trendline and it remains to be seen how the price will react. The major support area is currently between $59,000-$60,000, while the resistance levels have remained unchanged. We may witness a significant marketβ¦
Bitcoin is slowly gaining momentum and may see some sideways movement over the weekend. To remain bullish, the price needs to break above the resistance area, while the support area remains the same.
RG Analitics π’ [PRIVATE CHANNELπ]
#BTC going perfectly as planned, price made a dip down towards the support zone of $61,100 level and rejected very precisely too. Now, expected a good retracement from here and even a breakout to the upside. Plan your trades accordingly with the movement.
#BTC tapped in and perfectly reversed from the support. Well, market is still not clear but chart shows a market structure shift in price. So, expecting the price to reach out the other end which is at resistance area $64,800 - $65,000.
#PRA
Crypto fear & greed Index: 66
Yesterday, the index was 55.
Whenever this index reaches 95, then major selling happens. When this index goes above 90, then it is a red sign and correction can happen at any time.
Note: This indicator shows the overall market sentiment.
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....
Crypto fear & greed Index: 66
Yesterday, the index was 55.
Whenever this index reaches 95, then major selling happens. When this index goes above 90, then it is a red sign and correction can happen at any time.
Note: This indicator shows the overall market sentiment.
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....
#GOLD Analysis :
#GOLD is been riding up with the Symmetrical Pattern Break and hits the Strong Resistance Area of $2,358 - $2,363. Well, if price gives a flip above the resistance then it will open up room for the next leg up there at resistance around $2,400. Rejection must come with in Daily TF, so looks bearishness in price.
#GOLD is been riding up with the Symmetrical Pattern Break and hits the Strong Resistance Area of $2,358 - $2,363. Well, if price gives a flip above the resistance then it will open up room for the next leg up there at resistance around $2,400. Rejection must come with in Daily TF, so looks bearishness in price.
#PRA
#TRB/USDT analysis-
On the daily timeframe, the price underwent a significant correction followed by forming a W pattern. This pattern subsequently broke out, resulting in an increase of over 129% from the breakout level.
According to price action analysis, traders may have contemplated entering the market at the breakout, while setting their stop loss below the low of the W pattern or in accordance with their individual risk management strategies.
Note: This post is for educational purposes only.
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....
#TRB/USDT analysis-
On the daily timeframe, the price underwent a significant correction followed by forming a W pattern. This pattern subsequently broke out, resulting in an increase of over 129% from the breakout level.
According to price action analysis, traders may have contemplated entering the market at the breakout, while setting their stop loss below the low of the W pattern or in accordance with their individual risk management strategies.
Note: This post is for educational purposes only.
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....
RG Analitics π’ [PRIVATE CHANNELπ]
JUP analysis: Price was rejected from the resistance area and now slowly moving towards the support area. This is no trade zone and better to wait for some time. Support Area: $0.835-$0.895 Resistance Area: $1.14-$1.22
JUP is slowly approaching the resistance area. Let's observe how the price reacts when it reaches the resistance area. Only consider opening long positions if the price breaks and closes above the resistance area.
Support Area: $0.835-$0.895
Resistance Area: $1.14-$1.22
Support Area: $0.835-$0.895
Resistance Area: $1.14-$1.22
The Euphoria phase (NUPL>0.5) has lasted 7 months in this bull market. Corrections are common, offering insights into investor sentiment. We've analyzed two conditions:
1. Relative Unrealized Profit π’ > 0.5, indicating widespread gains.
2. Relative Unrealized Loss π΄ > 0.01, showing significant pressure on investors during corrections.
As illustrated in the charts below, such correction events are common in all bull markets. Since reaching the ATH at $73.1k, this pattern has occurred in three separate retracements to the ~$60k zone.
1. Relative Unrealized Profit π’ > 0.5, indicating widespread gains.
2. Relative Unrealized Loss π΄ > 0.01, showing significant pressure on investors during corrections.
As illustrated in the charts below, such correction events are common in all bull markets. Since reaching the ATH at $73.1k, this pattern has occurred in three separate retracements to the ~$60k zone.
#PRA
#BAR/USDT analysis -
#BAR is in a downtrend, making new lows while facing resistance from the 200 EMA. After a corrective pullback, the price is retesting the resistance zone near the 200 EMA and is now facing rejection. It is expected to decline from the current level and will test the previous swing low. Enter a short position when the price breaks the $2.460 level.
TF : 1H
Entry : $2.460
Target : $2.353
SL : $2.535
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....
#BAR/USDT analysis -
#BAR is in a downtrend, making new lows while facing resistance from the 200 EMA. After a corrective pullback, the price is retesting the resistance zone near the 200 EMA and is now facing rejection. It is expected to decline from the current level and will test the previous swing low. Enter a short position when the price breaks the $2.460 level.
TF : 1H
Entry : $2.460
Target : $2.353
SL : $2.535
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....
What Are Repair Miners?
Repair miners are a proposed type of mining node within the Filecoin network. They are distinct from two other types of miners: storage miners and retrieval miners. Note that repair miners are a feature of the Filecoin network that has not yet been implemented.
Filecoinβs developers have defined repair nodes as a type of node that facilitates βnetwork self-healing.β To understand this, we can consider the structure of Filecoin, a decentralized system for data storage, and some aspects of the networkβs operations.
In the Filecoin network, data is stored in sectors, which are each of a fixed size. Storage miners fill these sectors with data that is stored on behalf of their clients, who contract the storage minersβ services for a particular period of time. These contracts between storage miners and their clients are referred to as deals. Repair miners are envisioned as a third actor that could ultimately intercede in the case of an unreliable storage miner and help address the risks posed by this.
Repair miners are a proposed type of mining node within the Filecoin network. They are distinct from two other types of miners: storage miners and retrieval miners. Note that repair miners are a feature of the Filecoin network that has not yet been implemented.
Filecoinβs developers have defined repair nodes as a type of node that facilitates βnetwork self-healing.β To understand this, we can consider the structure of Filecoin, a decentralized system for data storage, and some aspects of the networkβs operations.
In the Filecoin network, data is stored in sectors, which are each of a fixed size. Storage miners fill these sectors with data that is stored on behalf of their clients, who contract the storage minersβ services for a particular period of time. These contracts between storage miners and their clients are referred to as deals. Repair miners are envisioned as a third actor that could ultimately intercede in the case of an unreliable storage miner and help address the risks posed by this.
#PRA
#SFP/USDT analysis -
#SFP is on the rise, making higher highs (HHs) and higher lows (HLs). It's finding support above the 200 EMA and a support zone. The expectation is for it to bounce off from there and continue its upward trend. It is advisable to wait for a pullback before considering a long entry. Remember to set your stop loss (SL) below the previous swing low.
TF : 1D
Entry : $0.7523
Target : $0.9218
SL : $0.6690
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....
#SFP/USDT analysis -
#SFP is on the rise, making higher highs (HHs) and higher lows (HLs). It's finding support above the 200 EMA and a support zone. The expectation is for it to bounce off from there and continue its upward trend. It is advisable to wait for a pullback before considering a long entry. Remember to set your stop loss (SL) below the previous swing low.
TF : 1D
Entry : $0.7523
Target : $0.9218
SL : $0.6690
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....
#PRA
#BEL/USDT analysis -
#BEL has recently shifted its daily timeframe trend from sideways consolidation to an uptrend by breaking out of the resistance zone. Currently, the price is in a correction phase and retesting the breakout zone. We expect it to continue its bullish trend and rise higher. To enter a long position, you can wait for the breakout of the $1.030 level. The previous swing high can be a potential target.
TF : 1D
Entry : $1.030
Target : $2.087
SL : $0.701
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....
#BEL/USDT analysis -
#BEL has recently shifted its daily timeframe trend from sideways consolidation to an uptrend by breaking out of the resistance zone. Currently, the price is in a correction phase and retesting the breakout zone. We expect it to continue its bullish trend and rise higher. To enter a long position, you can wait for the breakout of the $1.030 level. The previous swing high can be a potential target.
TF : 1D
Entry : $1.030
Target : $2.087
SL : $0.701
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....
#PRA
#BNB/USDT analysis -
#BNB is currently trading near its resistance zone. It faced resistance at the $685 level and had a correction of -73% from its all-time high. Now, the price has regained its previous levels and reached the resistance zone again. We expect it to break out of this zone soon and continue its upward movement. To enter a long position, wait for the price to break out of the zone with a strong bullish candle having significant volume on the daily timeframe candle close. ππͺ
TF : 1M
Entry : $685
Target : $2500
SL : $440
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....
#BNB/USDT analysis -
#BNB is currently trading near its resistance zone. It faced resistance at the $685 level and had a correction of -73% from its all-time high. Now, the price has regained its previous levels and reached the resistance zone again. We expect it to break out of this zone soon and continue its upward movement. To enter a long position, wait for the price to break out of the zone with a strong bullish candle having significant volume on the daily timeframe candle close. ππͺ
TF : 1M
Entry : $685
Target : $2500
SL : $440
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....
RG Analitics π’ [PRIVATE CHANNELπ]
Bitcoin is slowly gaining momentum and may see some sideways movement over the weekend. To remain bullish, the price needs to break above the resistance area, while the support area remains the same.
Bitcoin experienced a significant drop in value, but it managed to hold the $60,000 level, which is a good sign. We may witness some sideways movement in the market for now before a big move occurs. The price has been trading within a range for a long period, and a big wave may be coming soon.
RG Analitics π’ [PRIVATE CHANNELπ]
#TOTAL MARKETCAP ANALYSIS : #TOTAL MARKETCAP bounced from the support and returned back tot zone as a retest, well we can clearly see that, MarketCap haven't umped that much with respect to #Bitcoin. Anticipating a reversal from here, and the broke of theβ¦
#BITCOIN DAILY TF UPDATE :
#BITCOIN on Daily TF, moved from the support and minorly broke the market structure. Currently, price made a deep retest back to the support and hit the support too. The week was bit slower than the expected, so next week might come up with strong moves, as price siting at a crucial support zone.
#BITCOIN on Daily TF, moved from the support and minorly broke the market structure. Currently, price made a deep retest back to the support and hit the support too. The week was bit slower than the expected, so next week might come up with strong moves, as price siting at a crucial support zone.
What is Liquidation ?
Liquidation is a critical concept, particularly in leveraged trading, where traders borrow funds to amplify their positions. When traders use leverage, they have the potential to magnify their profits, but they also expose themselves to higher risks. Liquidation occurs when the value of a trader's position falls below a certain threshold, known as the liquidation price. At this point, the exchange automatically closes the trader's position to prevent further losses.
Liquidation is a risk management mechanism implemented by exchanges to protect both traders and the exchange itself. By closing out positions that have reached or exceeded their liquidation price, exchanges ensure that traders cannot lose more than their initial investment or margin deposit. This helps to maintain the integrity of the trading platform and prevents traders from accumulating unsustainable losses.
The liquidation process typically involves selling off the trader's assets to cover the outstanding debt or margin requirements. The proceeds from the liquidation are used to repay the borrowed funds and any associated fees. Depending on market conditions and the size of the position, liquidation can result in partial or full loss of the trader's assets.
Traders must be mindful of their liquidation price and manage their risk accordingly when engaging in leveraged trading. Setting appropriate stop-loss orders and monitoring market conditions can help mitigate the risk of liquidation. Additionally, understanding the mechanics of liquidation and its implications is essential for navigating the complexities of crypto trading and protecting one's investment capital.
Liquidation is a critical concept, particularly in leveraged trading, where traders borrow funds to amplify their positions. When traders use leverage, they have the potential to magnify their profits, but they also expose themselves to higher risks. Liquidation occurs when the value of a trader's position falls below a certain threshold, known as the liquidation price. At this point, the exchange automatically closes the trader's position to prevent further losses.
Liquidation is a risk management mechanism implemented by exchanges to protect both traders and the exchange itself. By closing out positions that have reached or exceeded their liquidation price, exchanges ensure that traders cannot lose more than their initial investment or margin deposit. This helps to maintain the integrity of the trading platform and prevents traders from accumulating unsustainable losses.
The liquidation process typically involves selling off the trader's assets to cover the outstanding debt or margin requirements. The proceeds from the liquidation are used to repay the borrowed funds and any associated fees. Depending on market conditions and the size of the position, liquidation can result in partial or full loss of the trader's assets.
Traders must be mindful of their liquidation price and manage their risk accordingly when engaging in leveraged trading. Setting appropriate stop-loss orders and monitoring market conditions can help mitigate the risk of liquidation. Additionally, understanding the mechanics of liquidation and its implications is essential for navigating the complexities of crypto trading and protecting one's investment capital.