There is nothing more enjoyable than seeing nice rises in coins that no one is talking about and then slowly seeing them being talked about. When it spreads to the general public, we start to make a profit.
Greetings friends 🙋♂️Today I discussed #Arbitrum, a project of #Layer2 . 🚀So, what does #Arbitrum contribute to #Blockchain? Let's examine it together. 👀👇👉 #Arbitrum is a layer two scaling solution that runs on the #Ethereum blockchain and is designed to increase the scalability of #Ethereum. It was developed to provide solutions to the problems of #Ethereum's main blockchain, such as limited transaction capacity and high transaction fees.👉 #Arbitrum is a parallel blockchain protocol called "sidechain". This protocol has a structure that works on the main chain #Ethereum and trusts the main chain. Trust in the main chain is the foundation of #Arbitrum's security model. Transactions occurring on the sidechain are secured by a “decentralized security requirement” on the main chain. This relaxes the transaction capacity of the main chain while ensuring the security of the side chain. The way Arbitrum works is as follows. 👇👇 users send a certain amount of Ethereum to the #Ethereum ana chain.#Arbitrum yan chain and operations are carried out in the side chain. After the operations in the chain are completed, the results are sent back to #Ethereum ana chain and recorded in the main chain. drops it. At the same time, faster transactions occur on #Arbitrum's sidechain, as the sidechain increases transaction speed and capacity.👉 #Arbitrum is an important development for the #Ethereum ecosystem because it increases #Ethereum's scalability while offering smart contract developers a wider transaction capacity. This allows Ethereum-based applications to perform faster and lower-cost transactions. For this reason, it was welcomed and adopted with great enthusiasm within the #Ethereum community.Thank you for taking the time to read. 🙏 I added it to my cart a long time ago and shared a post about it. It was not written for advertising purposes. It was written entirely for informational purposes. #BinanceTürkiyeSquare #Crypto $ARB $BTC
$SUI $Sui has partnered with Alibaba Cloud. #sui is going quite well. In fact, the network data also supports that it is on the right track. #TradeNTell
$ARB reached the oversold zone on $Arb in the 4-hours and there was a volumetric reaction here. A short-term recovery may come to the fore and the price may rise to an average range of $1.87-$2.07. There is a high probability that the correction may continue in the future. #ARB #Arbitrum #TradeNTell
$OP had a double top formation at $Op and the 2.9$ level was an important support level. With the breakdown of the 2.9$ level in $Op, the decline may continue to 2.2$. #op #Optimism #TradeNTell
$AVAX On $Avax, if the $30 support is broken, the price may want to test the 0.886 fib (around $19) again. If it falls to these levels, it would be a good collection point for the future. #avax #TradeNTell
$ETH has been in an uptrend for about 574 days. In this process, the triplet, with its increasing bottom and top, signals that the rise is going into a long-term uptrend rather than a reaction. If #Eth touches uptrend support (around $1900) or 0.618 (around $1600) for the last time, it will be the last significant decline before the big bull. #ethereum #TradeNTell
$BTC #Bitcoinhas been moving sideways around $42,000 for exactly 8 days.
- Spot CVD continues to progress horizontally. I especially examined the actions taken after the decline in detail, but I have not seen a large spot purchase for 8 days, even though the price has decreased by 15%.
- When we go into CVD detail, we see that after the decline, large investors increased their savings by making spot purchases. Small investors continue to sell. There is a rotation from small investors to large investors.
- Spot purchasing by large investors is positive, but it is not enough on its own. For the rise to begin, Bitcoin must close above the $43,500 resistance at H4. Unless such a breakdown occurs, it is better to be careful.
- The price managed to hold on to the $40,500 support, but since liquidations are intense under this support, the possibility of the support being broken and the liquidations being cleared is quite high.
- If you want to take a healthier transaction by avoiding high risk, you can wait for the price to reach the $39,000-$37,000 range or break the $43,500 resistance to buy.
- Also, monitor altcoins that have a high correlation with Bitcoin. If you are opening transactions in altcoins according to the direction of Bitcoin, choosing altcoins with high correlation will enable you to open more profitable transactions. In this way, you can make better profits even if your capital is low. #TradeNTell #Btc(₿) #altcoins
If it makes a 4-hour close above $RDNT0.35, the $0.5 level will be the target on the agenda. The volume increase continues, and the $0.34 resistance has been tested for a long time. Breaking this point can create a rocket effect in #rdnt. #radiantcapital #TradeNTell
Could $APT $Aptos be $32? $Apt has retraced its initial aggressive uptrend with a long downtrend. The decline process took place over time and without any volume. This is a very positive situation. Big rises generally do not go away with the first wave of impulse. Therefore, we may be in a new wave that is stronger than the previous rise to the $20 peak. If $10.7 is broken gradually, the $14.4 level can be seen. If $14.4 is broken, $20 will be on the agenda. Even if ATH breaks, $32 will become a strong target. #apt #TradeNTell
$ARB is the only token I will never touch till the end of Taurus. We all know the example of $Tia very well. The journey that started at $2 continued up to $20. If the trend has started on #Arbitrum, it can continue without a break. Therefore, exiting and entering such assets can backfire. #TradeNTell