$UNI $SHIB $ICP 1. #ICP has been underperforming in the last couple of days. Loosing its 16th place in the CoinmarketCap and slip to 18 due to rise of meme coin Shib and strong move from #UNIswap . 2. Trading at under 13$ with 5.96B marketcap, #BCH & #LTC w/ marketcaps 5.78B & 5.52B can overtake at any moment.
Youtube's official Facebook account was compromised by scammers. Posted a collab w/ top youtuber Mr.Beast to lure victims to send #Eth and #BtC to their wallet. Post was not accessible after few moments.
Checking the eth wallet through etherscan, the last transaction was 350 days ago. #TrendingTopic
$SOL $BNB $BTC Trade call Long Position Entry : 105 - 101 Target 🎯 : 110 120 Please set your stop loss and profit targets accordingly. ................................................................. Analysis is based on the falling wedge pattern as observed on the hourly timeframe .
Is a Wedge a Continuation or a Reversal Pattern?
A wedge pattern indicates a reversal. The reversal is either bearish or bullish, depending on how the trend lines converge, what the trading volume is, and whether the wedge is falling or rising.
Is a Falling Wedge Pattern Bullish?
A falling wedge pattern is seen as a bullish signal as it reflects that a sliding price is starting to lose momentum, and that buyers are starting to move in to slow down the fall. #Write2Earn #TrendingTopic
$ETH $ICP Trade call Long Position Entry : 13.2 13.0
Target 🎯 : 13.5 up Please set your stop loss and profit targets accordingly. .......................................................................
Analysis is based on the falling wedge pattern as observed on the hourly timeframe .
Is a Wedge a Continuation or a Reversal Pattern?
A wedge pattern indicates a reversal. The reversal is either bearish or bullish, depending on how the trend lines converge, what the trading volume is, and whether the wedge is falling or rising.
Is a Falling Wedge Pattern Bullish?
A falling wedge pattern is seen as a bullish signal as it reflects that a sliding price is starting to lose momentum, and that buyers are starting to move in to slow down the fall. #Write2Earn #TrendingTopic $BTC
Starknet is a Validity-Rollup (aka ZK-Rollup) Layer 2 network that operates on top of Ethereum, enabling dApps to massively scale without compromising on security.It achieves this by bundling transactions into an off-chain computed STARK proof. This proof is then submitted to Ethereum as a single transaction, resulting in significantly higher throughput, faster processing times, and much lower costs, all while retaining the robust security of the Ethereum settlement layer.How Starknet Scales Eth
In the past 24 hours , 63,012 traders were liquidated , the total liquidations comes in at $151.43 million
The largest single liquidation order happened on Binance - BTCUSDT value $4.01M
Liquidation HeatMap: In short, it predicts the price levels at which large-scale liquidation events may occur.
A liquidation event occurs when a trader's positions are closed due to price fluctuations and their margin account balance is insufficient to cover the open positions. To prevent further losses for both traders and exchanges, most exchanges offer a liquidation level, which is the price at which leveraged trades will be forcibly closed.
Traders who can estimate the liquidation levels of other traders may gain an advantage similar to understanding high liquidity in the order book. The liquidation heatmap by Coinglass attempts to predict where significant liquidations may occur to help traders find the best liquidity positions.
The liquidation heatmap calculates the liquidation levels based on market data and different leverage amounts. The calculated levels are then added to the prices on the chart.
As more estimated liquidation levels are added to a particular price, the colors on the heatmap change. The color range goes from purple to yellow, with yellow representing a high number of predicted liquidation levels, allowing traders to identify areas of high liquidity.
The liquidation heatmap predicts where liquidation levels are likely to initiate but not where they will stop. Therefore, the actual number of liquidations will be fewer. When considering the size, it must be viewed as a relative figure by comparing it with other levels. Users can filter multiple major exchanges, trading pairs, and historical liquidation data.
According to Coinglass at the time of posting, Liquidity is building up at 52, 800 - 53000 levels. #Write2Earn #TrendingTopic
$PIXEL $BNB $BTC Everyone getting exited for the opening of trading for Pixel. After the successful launpad on Binance wherein morethan 16 million #BNB were staked for 10 days. Opening price is predicted at 0.6 but may vary during actual trading. It may go up for 1$ during the initial 5-30 minutes and settle down after 2 trading hours. Pixel is poised to copy the success of the #Ronin which was completed earlier on the same platform. #Write2Earn
MANTA, DYDX, AVAX, ID, IMX: Five token unlocks to look out for next week
Five token unlocks to look out for next weekThe Manta Network will release 6.67 million MANTA tokens to the market on Sunday in a cliff unlock event. These tokens, worth $19.80 million at current rates, will comprise 3.14% of the network’s circulating supply.Fast forward to two days later, on Tuesday, February 20, the dYdX ecosystem will unlock 575,340 DYDX tokens to the market, comprising 0.72% of the circulating supply and worth $1.83 million at current rates. This will also be a cliff unlock.
$ICP Going for 14 1. If break- out prepare for 16 2. 18 3. 20
We maybe late for the rally but surely we'll be there. The sellers are already exhausted after the massive sell-off at 13.9 down to 13.1 but thanks to new takers the price held up to 13. Looking at the 24hr data , all large, medium and small sellers outsold the buyers leading to the downside while most of the other coins already sky-rocketed.
$ETH now trading at 2800 w/ potential to 3k $BNB now trading at 350 w/ potential at 400 and all other alts at top 20 performed very well. #BTC may go for 55k or rest at current levels. Either way, the altcoins will take the spotlight and 🚀 🚀. Short positions are highly discouraged. Bull run has began at full speed !! No turning back. Cut your shorts and shift to longs. Be mindfull to take partial profits along the way! #Write2Earn
$ICP Going for 14 1. If break- out prepare for 16 2. 18 3. 20
We maybe late for the rally but surely we'll be there. The sellers are already exhausted after the massive sell-off at 13.9 down to 13.1 but thanks to new takers the price held up to 13. Looking at the 24hr data , all large, medium and small sellers outsold the buyers leading to the downside while most of the other coins already sky-rocketed.
$ETH now trading at 2800 w/ potential to 3k $BNB now trading at 350 w/ potential at 400 and all other alts at top 20 performed very well. #BTC may go for 55k or rest at current levels. Either way, the altcoins will take the spotlight and 🚀 🚀. Short positions are highly discouraged. Bull run has began at full speed !! No turning back. Cut your shorts and shift to longs. Be mindfull to take partial profits along the way! #Write2Earn
In the past 24 hours , 47,729 traders were liquidated , the total liquidations comes in at $144.36 million The largest single liquidation order happened on Binance - ETHUSDT value $4.69M (DATA from coinglass)
What Is Crypto Liquidation?
Crypto liquidation refers to the process of forcibly closing a trader's positions in the cryptocurrency market. It occurs when a trader's margin account can no longer support their open positions due to significant losses or a lack of sufficient margin to meet the maintenance requirements.
When a trader's account falls below the required margin level, the exchange or brokerage platform may initiate the liquidation process. This means that the trader's positions will be forcibly closed at the market price to cover losses and outstanding debts.
The liquidation process aims to protect both the trader and the exchange from further losses. By closing the positions, it helps ensure that the trader does not accumulate more debt and that the exchange can recover the owed funds. The liquidation can happen automatically or be triggered by reaching predetermined margin thresholds set by the exchange.
It's important to note that crypto liquidation can result in significant financial losses for the trader. Therefore, it's crucial for traders to manage their risk effectively, monitor their margin levels, and employ risk management strategies to avoid or mitigate the possibility of liquidation.
$BTC $ETH $SOL ⚠️ ⚠️#BTC is due for correction! ⚠️ ⚠️ Bearish Divergence is clearly forming on 4h timeframe. BTC was successful on creating higher highs and higher lows upto this time. But we can clearly see that Stoch RSI is declining. This forms the bearish divergence pattern. If this will playout #BTC price will go down. ⬇️ ⬇️ Short entry is recommended. Plan your trade with SL. Also expect high volatility in the next few hours for the incoming #CPIdata news.
$ICP Just closed my trades in small green profit. Been holding for my long like 10 days and didn't pump like crazy but profit is profit. $BTC Holding 50k might reenter for long.
$BTC Weekly candle closed above 48k which is good indicator for bulls. Although a failed opening attemp tfrom Asian market, US will open after a few hours and we will see a bigger rally.
This weekend we saw BTC stablished a support at 48k although with a low volume. Breaking down this area will signify a pullback and correction.
$ICP After hitting a resistance at 12.6 #INTERNETComputer is now trading at 12.2 range creating a local support. We may see slight movement below 12 if support will be broken.