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📍 BTC DOMINANCE UPDATE
Bitcoin Domiannce was rejected from the 48.4% level, broke the triangle and 47.6% support down!
The overall case looks very bullish for altcoins, at least locally. We may easily see a dump for another 1% - 2% lower.
❗️There are rumors that the Gate.io exchange is insolvent.
There are more than $120M been withdrawn from the Gate over the recent 24 hours. Currently withdrawals are still working.
Be careful with your funds. Better to move them into a safe place.
❗️Great news on #WISTA just after the listing!
The project has become the FIRST Token outside of #SAND to be integrated into the SandboxGame! It powers their metaverse and allows donations & voting to happen during events.
More to say, the price is currently located very close the public sale's one — $0.08 (while public sale was at $0.07). In my opinion, this token definitely worth buying at this point!
You can buy it on Mexc or Gate.io
🐝 BTC UPDATE
Bitcoin is back into the consolidation range after the failed attempt of breaking through the $27,900 resistance. We are still holding our spot bags since overall we are still in an up-trend.
However, opening any margin position is way too risky as long as the price remains below the $27,800 - $28,000 zone of main sales pressure.
✍️ Our trading plan is quite simple: hold our spot bags and add more in case of dump to $26,400 or in case of $27,800 breakout.
Trying to trade inside this tight chop range is way too risky and unpredictable, doesn't worth the efforts.
🏁 #XRP printed fast +12% profit from our entry!
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✖️This is the full chart of Litecoin that was presented in the video above. Check it to understand the whole picture with all explanations.
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🐝 BTC BRIEF UPDATE
The price is trying to choose a positive-bullish scenario.
At the moment we can see a confident breakout of the $27,500 and a possible re-test of this level.
Great start of the week! We may see a decline to the $27,200 - $27,300 area which is still will be okey. The bullish scenario invalidation point (SL) is located below the $27,000.
👀 By the way, #SUI is breaking through the descending trend line!
Good time to enter the trade
🔥 #INJ has finally started moving!
Printed +15% profit from the entry point, but it is only the beginning. The two weeks of waiting were not in vain!
4️⃣ Fourth Coin — #APT
Double bottom pumped the price, but it is still located below the $8.85 resistance. I'm setting an alarm and will buy in case of a confident breakout.
Overall this coin is a good long-term investment.
2️⃣ Second Coin — #ICP
To be honest, this chart looks really bad at the moment.
As you can see, there is a bearish flag that formed under the descending trend line and horizontal resistance of $4.95.
I would rather SHORT this coin than LONG.
👾 ALTCOINS DEBRIEFING
Have a coin you want us to analyse? Write it's ticker to us! TODAY we will analyse 5 the most mentioned coins from technical and fundamental sides and publish the results in this channel.
Write a coin ticker you want us to consider in this form: https://forms.gle/3jfqGtvpxFBV2RkQ9
📍 #DXY UPDATE
U.S. Dollar Index is following the plan and growing. It should've affected the crypto market in a negative way, but the $26,300 support level still stays strong.
Let's see how will it act further.
🤝 The setup on #INJ is still valid as the ascending trend line still holds the price!
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❗️Massive Breakout on the ETH/BTC!
The price is breaking through the global Falling Wedge that was forming since August 2022!
If the price manages to close at least 1D candle above, the Altcoin-Season is here!
https://twitter.com/Robert_Klondike/status/1664601035795464192
🏁 #INJ is continuing its pump and printed +24% profit so far! Closed 1/4 of the trade.
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🏁 #LTC is growing, made +10% profit so far, but I believe it's only the beginning!
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🐝 BTC MID-TERM UPDATE
The left part shows the 1W Bitcoin chart and the right part is about 1D one.
The left chart perfectly represents a strength of the $26,950 zone. All the weekly candles since the beginning of March were closed above this level. Bulls are doing their best to save it.
The right chart shows a local picture where we can see a long consolidation above this support level. That's why we are not worrying right now.
Outcome: as long as the price remains above the $26,950 — we are safe. Don't enter any margin position, there NO TRIGGER for it. In case of breakdown, just set up spot buy orders in the $24,000 - $25,000 zone.
There are chances that you will not have an opportunity to buy Bitcoin at such low price in the near future.
🐝 BTC UPDATE
The main support is still located at the $27,500 level.There is a descending channel that must help the price in going upwards once the one's resistance is broken up.
🦋 ETH/BTC UPDATE
The key level of 0.067 was broken upwards. Previously it acted as a strong support, but since March 2023 flipped into resistance.
We saw a one attempt of breaking this level, but unfortunately it turned out to be fake (it gave us a tiny altcoin-season though).
At the moment the price is consolidating above this level for quite some time and preparing for a massive rally upwards!
I'm sure June 2023 will be leaded by Ethereum!
🎬 Litecoin — Halving, What Do We Expect?
We made a video where considered an upcoming Litecoin Halving, take a look at some statistics and learned previous halvings history. All this information helped us to draw right conclusions on how to earn on this event!
Make sure to watch: https://youtu.be/iWRDyfXbC80
🎱 #TENET has prepared a bunch of Exciting News for users! Check the full list:
1. First of all, TENET-Staking goes live on Monday, May 29 (today). The staking program is tied with Eva adoption:
- Tenet staking allows you to earn unique "trading" NFTs, these NFTs can be deposited to Eva and enable an earn mechanism.
2. Secondly, they've announced a Road to the Mainnet. In the next 30 days, Tenet will feature:
- Fully Integrated LSDFi Ecosystem
- Tenet tLSDs for Top 100 assets
- Major Partnerships
- Exchange Listings
- DeFi Ecosystem
3. And lastly, today Tenet and Layer Zero entered a partnership to create the first Omnichain Bridge exclusively for LSD. This integration will enable the utilization of LSD worth over $17 Billion across multiple blockchains.
🤝 Daily MA100 still works as a perfect indicator on Bitcoin!
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🤌 Today, on May 29th, at 11am UTC, the token #WISTA will be listed!
Wistaverse is the pioneering metaverse for supporting activists and amplifying their endeavors for real change. It's important to note the project's key partnerships:
• Partnership with Cult Dao, the largest blockchain activist protocol.
• Collaboration with The Sandbox, the largest metaverse platform.
• Joint efforts with DAO Maker and WePad, launching IDOs on their platforms.
Today, the #WISTA token can be traded on four major exchanges: Gate, MEXC Global, QuickswapDEX, and PancakeSwap.
More info: Telegram, Discord, Twitter
3️⃣ Third Coin — #SUI
Meanwhile, this coin looks way better than the previous one!
The price is breaking through the $1.04 resistance level and on the way to the descending trend line!
We can see massive buy volumes that are pushing the price upwards. However, don't hurry to buying this one, better to wait until the trend line breakout.
Once it happens, #SUI will enter to up-trend!
1️⃣ First Coin — #PEPE
You asked a lot to comment this token, well…
This is a basic meme token that has already shown a significant growth and since the meme-coin season is coming to an end, prospects of this “currency” are not very bright.
If you are interested in trading plan, here we have a classic triangle and a horizontal resistance of $0.00…1530. As long as the price remains below this level, chances of going lower are high. Massive sell pressure is coming from this level.
I would buy only in case of a strong breakout, but I won’t.
✍️ By the way, the buy-setup on #LTC is still valid
The price keeps consolidating above the $88 level and preparing for breaking the ascending triangle upwards!
⛩ New project we are investing in — Cyber Arena, Global Crypto Fighting Club.
This is a Web3 NFT metaverse game is being developed by the talented team at Imperium Games.
Cyber Arena has partnerships with well-known brands. Also, the development of the Metaverse SDK is underway! This SDK will pave the path to the world's first multiplayer game with exciting crypto-gaming features.
👉 The game will feature the #CAT token. It provides opportunities for in-game earning, access to the NFT market, staking, prize tournaments, management, and rewards.
Important links: Website, Twitter, Telegram.
❗️Ripple worth buying here!
The price is breaking through the $0.47 resistance and descending trend line at the current moment.
If Bitcoin doesn't ruin the party, Ripple has all chances of growing.