CRYPTO MECHANIC
@CRYPTOMECHANIC
Trading Crypto Since 2016 | Mainly Focused on Technical analysis 🟢 Twitter @cryptomechanicX
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Deep Dive Into Bio Protocol | 63rd project on Binance Launchpool
Bull market always represents different opportunities that we can dig into and take the advantage. Just like that there is going to be a new coin and it will be listed on Binance soon.
I am talking about 63rd project on Binance Launchpool - BIO Protocol ( #BIO ) You also have the opportunity to farm tokens by locking BNB and FDUSD. I will also explain how you can do that.
Before that Let's Dive into project and see what's it's all about.
What is Bio Prtotocol?
BIO protocol is a new financial la
I am talking about 63rd project on Binance Launchpool - BIO Protocol ( #BIO ) You also have the opportunity to farm tokens by locking BNB and FDUSD. I will also explain how you can do that.
Before that Let's Dive into project and see what's it's all about.
What is Bio Prtotocol?
BIO protocol is a new financial la
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Blessed to be recognized by Top Crypto exchange Binance
two years and we got 3 Awards
I wouldn't take any credit because it wouldn't be possible without your love and support and i would like to dedicate these awards to my followers. You all are like my family. ❤️
I will continue to bring value in your trading journey.
Thank you for your support ❤️
two years and we got 3 Awards
I wouldn't take any credit because it wouldn't be possible without your love and support and i would like to dedicate these awards to my followers. You all are like my family. ❤️
I will continue to bring value in your trading journey.
Thank you for your support ❤️
$MOVE Goes down as expected
It was a clean fakeout as i mentioned in the post below. The signs of weakness were there.
It was a clean fakeout as i mentioned in the post below. The signs of weakness were there.
CRYPTO MECHANIC
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That's a pretty clean fakeout and retest of the highs on $MOVE
As long as it doesn't go above that high, The chart looks weak to me
As long as it doesn't go above that high, The chart looks weak to me
I shared my thoughts on $BTC and altcoins a few days back.
i still think the same. You can read the post if you missed it.
This is the zone I'm looking for the price to hold if Bitcoin decides to take the dip under $90k
i still think the same. You can read the post if you missed it.
This is the zone I'm looking for the price to hold if Bitcoin decides to take the dip under $90k
CRYPTO MECHANIC
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I personally don't think we will see another capitulation on Altcoins because Alts already capitulated last week.
Maybe another retest of the last lows (Potentially higher low) on most Alts. if BTC continues to show weakness and decides to take out the liquidity under $90k but I don't think Alts will drop like it did last week. We'll see where it ends.
Maybe another retest of the last lows (Potentially higher low) on most Alts. if BTC continues to show weakness and decides to take out the liquidity under $90k but I don't think Alts will drop like it did last week. We'll see where it ends.
As we are about to enter 2025 i dont know if you have some goals planned or not but i would suggest, your goal should be "Learn" to improve yourself if you want to pursue trading.
Learn to read charts
Develop a trading system/strategy. A system that you will use for your trades execution.
Learn when it's the right time to trade and when it's not
Learn to manage your risk
Learn to control your emotions.
If you can do that i guarantee you, you'll be a profitable trader.
I wish you a healthy and profitable year ahead.
Learn to read charts
Develop a trading system/strategy. A system that you will use for your trades execution.
Learn when it's the right time to trade and when it's not
Learn to manage your risk
Learn to control your emotions.
If you can do that i guarantee you, you'll be a profitable trader.
I wish you a healthy and profitable year ahead.
Checked and shared multiple Altcoin charts
Most of the Altcoins are still sitting at the same price as the last week.
I still think there is no clear direction in the market as price is stuck between A key low ( Big dip low) and the high we got on 20th December.
Breakout of either high or low will price a clear direction. There is no need to guess everyday that price will go up or down. You will lose a lot of money doing that.
Just mark out some important zones and step in when you see the breaks.
Most of the Altcoins are still sitting at the same price as the last week.
I still think there is no clear direction in the market as price is stuck between A key low ( Big dip low) and the high we got on 20th December.
Breakout of either high or low will price a clear direction. There is no need to guess everyday that price will go up or down. You will lose a lot of money doing that.
Just mark out some important zones and step in when you see the breaks.
$RENDER
I still think $8 is an important zone to break.
That's where i'll be more confident on this chart
I still think $8 is an important zone to break.
That's where i'll be more confident on this chart
CRYPTO MECHANIC
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$RENDER Sitting at a good zone.
I'll be more confident being a bull on this chart if it break above that $8 high.
I'll be more confident being a bull on this chart if it break above that $8 high.
$BNB
I think the chart looks fine, Price is now back above that 2021 ATH.
Break and hold above $721 will trigger some more upside imo
I think the chart looks fine, Price is now back above that 2021 ATH.
Break and hold above $721 will trigger some more upside imo
$THE
Beside showing good strength for the last few days. it's still under supply zone and also a psychological number $2
Not a good zone to be more bullish on it unless it breaks
Beside showing good strength for the last few days. it's still under supply zone and also a psychological number $2
Not a good zone to be more bullish on it unless it breaks
$DOGE
Nothing good there yet as price is trading below a key zone imo.
break and hold above $0.35 will provide a better trade opportunity
Nothing good there yet as price is trading below a key zone imo.
break and hold above $0.35 will provide a better trade opportunity
$LUMIA No strength there sitting at the lows.
I think breaking below $1.29 would be really bad
I think breaking below $1.29 would be really bad
$ETH
Holding fine, price is sitting well above that important daily zone.
$3550 is the level to watch for a breakout
Holding fine, price is sitting well above that important daily zone.
$3550 is the level to watch for a breakout
$STRK
Still sitting at the same zone where it was last week
Still sitting at the same zone where it was last week
CRYPTO MECHANIC
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$STRK Gave back that whole move.
it should hold this zone and provide a relief bounce at least.
it should hold this zone and provide a relief bounce at least.
$SUI Didn't break above that zone i mentioned last week.
it's probably slowing down because of upcoming unlock on January 1st.
I still think a breakout of $4.6 - $4.80 is better for a directional trade.
it's probably slowing down because of upcoming unlock on January 1st.
I still think a breakout of $4.6 - $4.80 is better for a directional trade.
CRYPTO MECHANIC
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$SUI weekly chart look fine as long as it's holding above that weekly zone. Bounced pretty well from that dip.
I think it should not lose the strength and keep providing the move.
$4.60 - 4.80 is the key zone to break above as it's clearly rejecting the price.
I wouldn't suggest a new entry unless it shows some continuation.
One candle isn't good enough for the strength.
I think it should not lose the strength and keep providing the move.
$4.60 - 4.80 is the key zone to break above as it's clearly rejecting the price.
I wouldn't suggest a new entry unless it shows some continuation.
One candle isn't good enough for the strength.
$ETHFI holding that zone so far, i see it as a fine looking chart as long as it's holding above it.
CRYPTO MECHANIC
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$ETHFI sitting at the key zone, price should hold it if there is some upside in it.
$1 still stands as an important level to breakout on $ADA
CRYPTO MECHANIC
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$ADA Retested that weekly high in that dip.
As long as price is above that key high, this weekly chart looks fine.
$1 is the key zone to break on small timeframe bullish confirmation
As long as price is above that key high, this weekly chart looks fine.
$1 is the key zone to break on small timeframe bullish confirmation
$FTM update
I shared the chart last week that it's clearly broke below a key zone and price continues to fall since then.
That rebranding added more fuel on the sell off as many people are not liking it or don't understand what's going to happen.
I shared the chart last week that it's clearly broke below a key zone and price continues to fall since then.
That rebranding added more fuel on the sell off as many people are not liking it or don't understand what's going to happen.
CRYPTO MECHANIC
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$FTM Needs to break above $1.100 as it's clearly a broken zone