Now the main task for the cue ball is to gain a foothold at current levels. Only under this condition will the path to updating historical highs be open.
â And one more note. Trading under ATX (73k) should not take much time, the longer the price stands still, the less chance of a successful breakout, ideally update the ATX within 1-2 days, then this growth can be called true.
Alta is mostly following BTC. There were practically no clear points. The alt market needs to reach new levels, this will take 10-12 hours, so if BTC doesnât interfere, then tomorrow we will be able to trade fruitfully.
đ§ RSI The indicator was invented back in 1974, despite this, due to its simplicity, it remains relevant to this day. âĄď¸ Shows the strength and speed of price movement. It helps determine when an asset is in overbought or oversold territory. đ Oversold or overbought occurs when the price quickly decreased/increased; accordingly, traders may have the idea to buy/sell an asset, since the price does not correspond Usage example The RSI has an upper and lower limit (70 and 30 respectively). Crossing the upper limit (RSI > 70) can be considered a sell signal, since the asset is most likely overbought and there is a risk of a correction or even a trend reversal. Accordingly, a signal to buy will be the crossing of the lower border (RSI <span Please note that this indicator by itself is unlikely to lead you to stable trading. There are a lot of manipulators and anomalous movements on the market, so it should always be used together with other analysis tools. A tandem of technical analysis of the chart, understanding of the market trend and fundamentals + RSI can already give you tangible results and growth.
Triangle formation indicates a possible continuation or reversal
âĄď¸ Rising The resistance line (upper line) remains horizontal, and the support line (lower line) rises. Indicates increasing minimum values ââwith fixed maximum values The formation is considered bullish and indicates a likely continuation of the uptrend after breaking through the resistance line.
âĄď¸ Descending The support line (lower line) remains horizontal, and the resistance line (upper line) moves down. Indicates lower maximum values ââwith fixed minimum values The formation is considered bearish and indicates a likely continuation of the downward trend after the breakdown of the support line.
âĄď¸ Symmetrical Trend lines drawn through the maximum and minimum converge with each other. Each subsequent high is lower than the previous one, and each subsequent low is higher than the previous one. Quite difficult to work out, as it does not carry a clear trend
đ§ The most important thing is that they ONLY WORK ON THE TREND. If you find a triangle on a dead coin, then you will not see any breakout there, because there is no one to break through.
âď¸Get insider wallets on Solana on your radar.
â ZBwRzrcjtUQcbPrq45XueCpyp6boBqewhxfVtDkXbSN has made significant profits over the past few days trading Solana memcoins, especially those associated with Roaring Kitty.
â 4V91ZLynwdwXh9rAP8iF1LCqoQ5j4ShyZSpt6jHwo1bm, this trader made several hundred thousand dollars trading AMC on Solana.
â LJd8UF1igi7RuYUm2Bj6Y9V8Pbdos2vW6wyD84pDwwT, this wallet also made a significant six-figure profit from trading these coins.
The guys are doing some good work đľđ¸, they seem to know something.
đ¤Major token unlocks can have an impact on the token price and the project's market capitalization. Firstly, if a large number of tokens are unlocked and released into the market, this could lead to oversupply, which could cause the price of the token to decrease due to decreased demand.
đThis may cause panic among investors and lead to an additional decrease in price.đą
đOn the other hand, large token unlocks can also lead to increased interest in the project and increased market activity, which can lead to an increase in the price of the token.
đĽInvestors may start buying tokens in anticipation of increased demand and higher prices.
đ§In general, the impact of large token unlocks depends on many factors, such as the current market situation, investor confidence in the project and its prospects, as well as the project itself and its potential.
Today, a lone miner mined block#841286in the blockchain of the first cryptocurrency. After the halving, the reward for Bitcoin miners was reduced from 6.25 BTC to 3.125 BTC. The miner himself earned 3,433 BTC ($218,544).
According to analysts, this user switched from the pool to solo mining due to the fact that he âdoes not cover his electricity costsâ
Mining a block is quite a rare occurrence. Over the entire 14 years of the existence of the Bitcoin blockchain, this happens 282 times.
What can I say, you just have to be happy for the boy!
đ´The news background has a strong impact on the market. News about a possible Israeli retaliatory strike on Iraq is bearing fruit on the position of coins on the market.
Bitcoin (BTC) đ fell almost 4%, trading below $62,500 in the early hours of the Asian trading day.
đľDespite the decline, trading volumes remained high: the BTC Spot ETF's weekly trading volume was about $16.2 billion, an average of $3.2 billion per day.
At the moment, I expect a rebound to the area of ââ$66,000-$68,000 from where we can wait for a reaction to continue growth to the ATH levels (new highs), or we will get a deviation and move down again to update the level (lows) đ
Many were not ready for such đ˘ swings in the market. But if you look at it objectively, nothing new has happened. The market just plunged downwards due to geopolitics. This đ¤ˇââď¸ happens consistently a couple of times a year.
If you are not yet ready for such fluctuations, then during periods of volatility, close your terminal and engage in retrodrops and testnets. This will save your nerves and capital.
âĄď¸ Hong Kong regulators have approved the first spot ETFs for Bitcoin and Ethereum.
The market reacts with growth to this event. Plus, the restraint of the Iran-Israel conflict, which caused a fall in the stock and crypto markets the day before.
đŹMy opinion: the markets slowly began to recover after the weekend. On the CME, a gap has formed in the area of ââ$67,000 for BTC, which we will strive to close. + Hong Kong's approval of an Ethereum spot ETF will have a positive impact on alt, and further adoption of Ethereum ETFs in the US is only a matter of time.
$BTC halving in just 11 days! It's not too late to turn $1k into $1M this cycle. Everyone can make it, all u need is to buy alts during shakeout Here's my list of 8 coins with 1000x potentialđ§ľđ
⎠Before we begin, could I ask you a favor? ⊠I've invested a lot of time into this research and truly value any interaction you've had with this thread! ⊠Please SAVE, SHARE, or simply give it a like if u can . đđ 2/⎠Many are hesitant to enter the market now because it's in a state of uncertainty. ⊠But, every altseason is usually preceded by shakeout stage, allowing major players to buy alts at dirt-cheap prices ⊠I believe it's the last chance to grab alts, just before 100x soar.
3/⎠Crypto markets are driven by a perpetual cycle of waves that determine their movement. ⊠Bull run cycles: $btc, $eth pump > shakeout > altseason ⊠We've moved past phase one, and now diving into second stage, featuring this year's biggest crypto sale!
4/⎠I've picked out the best 8 alts from different hot narratives for this year: ⊠AI ⊠L2 ⊠RWA ⊠BTC L2 ⊠GameFi Here are my 8 picks expected to generate significant profit over next few months. ⎠But, before we start... I usually share 100x coins completely for free, so I'm planning to make my profile private. Now is your last chance to follow me and turn on notifs, so you won't miss the next calls. BONUS COIN: ⢠$ WIF~ Native Token of the @ Wifstash Coin đđťWifStash is not just a simple meme coin on the Solana Blockchain. WifStash is REVOLUTION! It evolves crypto by being the FIRST meme token that can be applied to ANY meme token, ever! We put a STASH on EVERYTHING! â CA - 888fBjzbjgHMtTPqnYugE4nHDyYpsyhF6aBXmR52hA71
â Market Cap - $400K ( SUPER LOW CAP MEMECOIN ) 5/⎠@zero1_labs l $DEAI ⊠Zero1 is an ecosystem based on Decentralized Artificial Intelligence (DeAI), emphasizing Data Governance. ⊠Created by developers from Wormhole, Solana & Orderly Network. ⊠Mcap: $80.9M ⊠Price: $0.8307
6/⎠@naka_chain l $NAKA ⊠Naka is a fast, affordable Bitcoin L2 blockchain tailored for DeFi apps that use Bitcoin for gas fees, similar to an EVM. ⊠It enables developers to easily move dapps from Ethereum to Bitcoin. ⊠Mcap: $48.2M ⊠Price: $0.023
7/⎠@AQTIS_IO l $AQTIS ⊠AQTIS is a finance platform that uses AI and math to manage investments and earn returns, focusing on privacy and community input. ⊠Mcap: $25.08M ⊠Price: $0.012
8/⎠@MapProtocol l $MAP ⊠Map Protocol Network is an EVM-compatible blockchain that enables efficient cross-chain interactions and light-client verifications, offering key infrastructure for asset, storage, and computing interoperability. ⊠Mcap: $78.5M ⊠Price: $0.0329
9/⎠@NetmindAi l $NMT ⊠NetMind is dedicated to developing AI products ethically, aiming to improve human lives while focusing on positive outcomes and the interests of users. ⊠Mcap: $423.3M ⊠Price: $11.78
10/⎠@Polytrade_fin | $TRADE ⊠Polytrade is creating financial technology for both users and lenders, with the goal of transforming finance through blockchain for a dynamic and effective future. ⊠Mcap: $88.4M ⊠Price: $2.71
11/⎠@Entanglefi l $NGL ⊠Entangle introduces the first fully customizable and interoperable data platform for Web3 and institutions, providing universal data connections and full customization for operations across all blockchain networks. ⊠Mcap: $194.6M ⊠Price: $1.63
12/⎠@blocksquare_io l $BST ⊠Blocksquare, under the direction of its skilled co-founders, is building a leading-edge blockchain platform for tokenizing real estate. ⊠Mcap: $39.6M ⊠Price: $0.8166
Follow me @Crypto PM I hope you found this research helpful Smash a Like and SHARE it, so you won't lose it.
đ Shitcoinmania meme reaches a new level. The new meme coin CONDOM, released on the Solana blockchain, raised 5,000 SOL or almost a million dollars at the presale and did not even launch. On the day of the supposed launch of trading, the project's Twitter was deleted, and the developer (rumored to be from Nigeria) disappeared. Once again I urge all cryptans to be careful with new shit. Hype has bred a huge number of scammers.
đľ #Forbes published a ranking of crypto billionaires in 2024. In first place is the former head of Binance CZ with a fortune of $33 billion. In second place is Coinbase CEO Brian Armstrong. Forbes estimated his fortune at $11.2 billion. In third place is Tether CFO Giancarlo Devasini with a fortune of $9.2 billion.
After getting 100 likes, I will make a post with a selection of projects that will launch their token in the next six months and đ° give out drops to active users and the community.
đľ Investment company Grayscale rebalanced cryptocurrency funds. Grayscale Investments has removed Cardano ($ADA ) and Cosmos ($ATOM ) tokens from its portfolio. Proceeds from the sale of assets were used to purchase other coins, the firm said in its report.
𧏠$SOL with a huge discount. FTX's bankruptcy trustees sold approximately two-thirds of the Solana token supply at $64 per token to Galaxy Trading and Pantera Capital. The deal netted FTX creditors about $1.9 billion.
đ Investment fund Pantera Capital reports a return of 66% in the first quarter. At the same time, the company significantly reduced the share of Bitcoin and Ethereum-based tokens in the fund. Profit came from cryptocurrencies such as #solana or lesser-known tokens like $RBN, $AEVO and $STX.
đŚ #notecoin listed on ByBit. Token trading started at the pre-market. Full listings on the spot market will take place on April 20. However, now it is possible to buy wrapped notcoin ($wNOT) on the ston.fi platform (link to trading pair https://app.ston.fi/swap?chartVisible=false&chartInterval=1w&ft=TON&tt=wNOT ).
đ° An unknown user bought 15519 $BTC at a price of $70,000. This purchase cost a total of $1.1 billion.
đ #ripple announced the launch of a stablecoin. The token will be 100% backed by deposits in US dollars, short-term US government treasury bonds and other cash equivalents. Preliminarily, the launch of the stablecoin should take place before the end of 2024.
đ° #Tether buys 8889 BTC. The company (USDT issuer) purchased 8889 $BTC , which is approximately $627 million. The total number of Bitcoins on the companyâs balance sheet reached 75,354 $BTC , which is equivalent to approximately $5.34 billion.
đ On April 4, the second coin halving in the history of #bitcoincash took place. Now the reward to miners for mining a block is 3.125 BCH. The team also announced an upcoming update in mid-May. This news caused increased volatility of the asset.
LoyalFi will soon release their $LOL đ token on $SOL , and just recently launched a platform for earning points (UCP), which after the drop will be converted into coins.
đ¸To get UCP you need to complete the easiest tasks like subscribe to social networks, play games and take surveys, and for this they give from 250 to 5000 points, and for each referral they give 250.
đAfter dropping the coins, you can convert the collected points into $LOL and withdraw them to your wallet, and selling or holding is an important decision.
đŚžWhich crypto narratives bring the most profit in 2024?
1ď¸âŁ Memcoins showed an average profitability of 1312.6%.
2ď¸âŁ The second most profitable was RWA, 285.6% in the first quarter. MANTRA (OM) and TokenFi (TOKEN) grew the most, up 1074.4% and 419.7% in the quarter, respectively.
3ď¸âŁ Artificial intelligence with a profitability of 222.0% in the first quarter. All large-cap AI tokens posted gains, led by AIOZ Network (AIOZ) with 480.2% and Fetch.ai (FET) with 378.3%.
4ď¸âŁ The DeFi sector has achieved a profitability of 98.9%. The most profitable was Ribbon Finance (RBN), 430.8% for the quarter after the project transitioned to Aevo and the token was successfully launched. As well as Jupiter (JUP) with a return of 125.7%, Maker (MKR) with a return of 121.2% and The Graph (GRT) with a return of 111.0% for the quarter.
5ď¸âŁDePIN sphere showed a profitability of 81.0%. The top gainers were Arweave (AR), up 292.5%, as well as Livepeer (LPT), up 133.7%, and Theta Network (THETA), up 124.5% for the quarter.
6ď¸âŁLevel 1 blockchains showed a profitability of 70.0%. The top performing L1s were Toncoin (TON) and Bitcoin Cash (BCH) with returns of 131.2% and 130.5. % respectively.
7ď¸âŁ GameFi showed 64.4% profitability in the first quarter. Echelon Prime (PRIME) with a share of 124.0%, Gala (GALA) with 123.0% and Ronin (RON) with 112.3%.
8ď¸âŁSecond level blockchains (L2) show 39.5% profitability...