Trading Crypto Guide ™
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Here's the Analysis of #BAT :
#BAT given a break below of the major support area and now going back and forth of the same are at $0.134 - $0.148. With that, price forming a Bear flag, which is a bearish continuation pattern and take shorts if closes below the support zone but now longs are probable as #BTC reclaimed the ATH level.
#BAT given a break below of the major support area and now going back and forth of the same are at $0.134 - $0.148. With that, price forming a Bear flag, which is a bearish continuation pattern and take shorts if closes below the support zone but now longs are probable as #BTC reclaimed the ATH level.
Trading Crypto Guide ™
#BTC gave a new higher high after the strong rejection on Daily TF. We need to see some sort of the Daily closure over the $107,000 area. We're just 2% away from All Time High. Let's Go 🚀
Trading Crypto Guide ™
Here's the Analysis of #POEPLE : #PEOPLE is been strongly selling off from the on of the key area around $0.031 - $0.032 and now price approaching towards the a strong support / flip area around $0.023 - $0.025 where it can goes buy again. Take the longs…
#PEOPLE dropped as per the expectations now push up. We already had a push towards the new high made profit around 19.9%. its again on a support and gradually push higher and expect to push further high.
Derivatives markets lagged the spot rally. Open interest contractions of 10%+ weekly occurred during both the sub-$80k drop (long squeezes) and recent $90k+ rally (short squeezes). These healthy positioning resets typically mark early trend phases and suggest excessive leverage has been purged.
Note: Such derivative shakeouts often lay groundwork for more sustainable trends.
Note: Such derivative shakeouts often lay groundwork for more sustainable trends.
Trading Crypto Guide ™
#ETH had a strong blast to the upside as per the mentioned call, directly above the strong resistance. Price flipped and retesting the zone and now way to the major resistance area of $2760 - $2790. We got around 42% move, take the major partials out.
#ETH started to launch slowly up by rejecting the support zone multiple times and now moving towards the resistance area $2760 - $2800. Market looks bullish so we can expect a breakout sooner. Otherwise a range will form, which could lead a next healthy move in the market.
Trading Crypto Guide ™
#BTC printing the New ALL TIME HIGHS, surpasses over the $111,000 level. All #Bitcoin buyers are in profits now. New #ATH coming with minor retests.
Trading Crypto Guide ™
#PEOPLE dropped as per the expectations now push up. We already had a push towards the new high made profit around 19.9%. its again on a support and gradually push higher and expect to push further high.
#PEOPLE moved up towards the next resistance area and nearly got it rejection. It moved 26% in profits, i hope you secured something and now its better move stops to BE and hold.
Trading Crypto Guide ™
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Here's the Analysis of #W :
#W nearly took off from the Listing Price and forming a Accumulation phrase over it. With that it forming a Inverse Head & Shoulder pattern, where the neckline is not a strong resistance area around $0.110 - $0.114. If the price flip the zone, then we can go long in the market.
#W nearly took off from the Listing Price and forming a Accumulation phrase over it. With that it forming a Inverse Head & Shoulder pattern, where the neckline is not a strong resistance area around $0.110 - $0.114. If the price flip the zone, then we can go long in the market.
Trading Crypto Guide ™
#BITCOIN DAILY TF UPDATE : #BITCOIN on Daily TF, almost reached the resistance area drawn and moved into the consolidation, $102,400 area is standing at the minor support. Again we need to wait for the price for a breakout.
Trading Crypto Guide ™
Here's the Analysis of #W : #W nearly took off from the Listing Price and forming a Accumulation phrase over it. With that it forming a Inverse Head & Shoulder pattern, where the neckline is not a strong resistance area around $0.110 - $0.114. If the price…
#W failed to break the resistance line, as we mentioned multiple times, wait for a clean breakout. Now its rejected but still a Valid Inverse Head & Shoulder, alerts set to $0.11and longs after the break.
Light long positioning in perpetual futures shows derivatives catching up to spot momentum. Funding rates have remained remarkably neutral despite the bullish impulse, currently at 0.007% (7.6% annually) - up from late April lows.
This constructive shift indicates non-excessive long appetite and limited leverage, creating healthy market conditions.
This constructive shift indicates non-excessive long appetite and limited leverage, creating healthy market conditions.
Use Cases of zkApps
Learn About zkApps Here
zkApps are a great fit for applications that require a piece of information to be kept private. It is an innovation that unlocks avenues that wouldn’t have been possible had it not been for ZK technology, specifically ZKPs. The examples below provide an outlook on just some of these opportunities.
Firstly, zkApps have the potential to play a role in decentralized finance (DeFi). One example involves the private lending and borrowing of digital assets in the DeFi ecosystem. These types of transactions will be made easier with zkApps as borrowers' financial history or reliability will not be disclosed. Protection of sensitive information is important in ensuring privacy, user trust, regulatory compliance, financial inclusion, prevention of discrimination, and the continuation of economic freedom within the ecosystem.
Secondly, zkApps can play a part in identity verification, specifically when verifying a user’s age without revealing their actual birthdate. This will be useful when ensuring compliance with age-restricted services without compromising the individual's privacy in the process. For example, streaming sites require your full name and address in the identification process which one may be unwilling to share. In this instance, zkApps can be helpful as a ZKP, proving your full name and address can be sent to the platform's verification system without revealing this actual information.
In this context, privacy preservation is key to protecting users from identity theft, respecting their consent and control over data, ensuring legal compliance, and fostering trust. zkApps minimizes data exposure, reduces the risk of data breaches, and encourages user adoption of online services, ultimately creating a more secure and user-friendly online environment.
Finally, smart contracts, programs stored on a blockchain that run when predetermined conditions are met, will also benefit from zkApps. Conditional payments are a prominent feature, that often contributes to confusion surrounding ZK technology, where zkApps support the execution of transactions based on specific conditions or triggering factors.
In simpler terms, zkApps empower users to make payments and exchange value based on pre-defined conditions without disclosing the underlying details. This not only safeguards privacy but also expands the possibilities for secure and automated transactions in a variety of applications. Whether it's conditional microtransactions in gaming or automated supply chain payments, zkApps bring a level of conditional flexibility that traditional payment systems lack.
This core feature of zkApps is important to grasp in understanding its potential as it could play a role in furthering Web3 adoption.
Learn About zkApps Here
zkApps are a great fit for applications that require a piece of information to be kept private. It is an innovation that unlocks avenues that wouldn’t have been possible had it not been for ZK technology, specifically ZKPs. The examples below provide an outlook on just some of these opportunities.
Firstly, zkApps have the potential to play a role in decentralized finance (DeFi). One example involves the private lending and borrowing of digital assets in the DeFi ecosystem. These types of transactions will be made easier with zkApps as borrowers' financial history or reliability will not be disclosed. Protection of sensitive information is important in ensuring privacy, user trust, regulatory compliance, financial inclusion, prevention of discrimination, and the continuation of economic freedom within the ecosystem.
Secondly, zkApps can play a part in identity verification, specifically when verifying a user’s age without revealing their actual birthdate. This will be useful when ensuring compliance with age-restricted services without compromising the individual's privacy in the process. For example, streaming sites require your full name and address in the identification process which one may be unwilling to share. In this instance, zkApps can be helpful as a ZKP, proving your full name and address can be sent to the platform's verification system without revealing this actual information.
In this context, privacy preservation is key to protecting users from identity theft, respecting their consent and control over data, ensuring legal compliance, and fostering trust. zkApps minimizes data exposure, reduces the risk of data breaches, and encourages user adoption of online services, ultimately creating a more secure and user-friendly online environment.
Finally, smart contracts, programs stored on a blockchain that run when predetermined conditions are met, will also benefit from zkApps. Conditional payments are a prominent feature, that often contributes to confusion surrounding ZK technology, where zkApps support the execution of transactions based on specific conditions or triggering factors.
In simpler terms, zkApps empower users to make payments and exchange value based on pre-defined conditions without disclosing the underlying details. This not only safeguards privacy but also expands the possibilities for secure and automated transactions in a variety of applications. Whether it's conditional microtransactions in gaming or automated supply chain payments, zkApps bring a level of conditional flexibility that traditional payment systems lack.
This core feature of zkApps is important to grasp in understanding its potential as it could play a role in furthering Web3 adoption.