Crypto VIP Signal

04 Jul 2024 08:14

Bitcoin has failed to hold the support area and is now trading below it. If the price is unable to reclaim the support area, we may see a continuation of the downtrend. Please use tight stop loss in all open trades.

Support Area: $56,500-$57,000

Resistance Area: $60,000-$60,500

Crypto VIP Signal

03 Jul 2024 16:11

Educational Post

What Is Binance Convert?

Binance Convert is a simple and intuitive tool that enables users to convert cryptocurrencies directly. Unlike traditional trading – where users have to navigate through order books, set limits, or engage in trading strategies – Binance Convert simplifies the process by allowing direct swaps between different assets.

Binance Convert is particularly useful for beginners who may find traditional trading interfaces daunting or for users who need a quick and straightforward way to exchange their digital assets.

How Does Binance Convert Work?

Binance Convert operates through a straightforward process:

1. Selection of cryptocurrencies: Users select the cryptocurrency they want to convert from and the cryptocurrency they want to receive.

2. Quote generation: Binance Convert generates a real-time quote for the conversion. This quote reflects the current market rate and is typically valid for a short period, often around ten seconds.

3. Conversion confirmation: If the user agrees with the quote, they can confirm the conversion. The transaction is then executed instantly, and the converted cryptocurrency is credited to the user's account.

Benefits of Using Binance Convert

Simplicity and convenience

Binance Convert offers a user-friendly interface that is easy to navigate, making it accessible even for those new to crypto trading. The process is straightforward and does not require any advanced trading knowledge.

Instant transactions

Market order conversions on Binance Convert are executed instantly. This is a significant advantage over traditional trading, where transactions can sometimes take longer due to the need to match buy and sell orders.

Crypto VIP Signal

03 Jul 2024 12:32

Bitcoin Dominance is trading in a symmetrical triangle pattern. The break of this triangle will determine the next move. Price is currently heading towards the trendline support of the triangle. A break below the trendline is bullish for altcoins.

Support Area: 54.00-54.10%

Resistance Area: 54.90-55.30%

Next Major Support Area: 51.90-52.15%

Crypto VIP Signal

02 Jul 2024 20:28

XLM analysis:

The price is currently testing the resistance area. We will see if it can break above it. If there's a rejection, the price will likely move towards the lower support area. A break above the resistance area is considered bullish. It's advisable to wait for new trading opportunities.

Support Area: $0.0817-$0.0836

Resistance Area: $0.0944-$0.0962

Crypto VIP Signal

02 Jul 2024 09:47

📊 Big News! Yesterday, US spot Bitcoin ETFs saw a massive $130 million in net inflows, marking the largest influx in three weeks!

Crypto VIP Signal

01 Jul 2024 20:33

QNT analysis:

Price is currently in a downtrend and is unable to hold the major support area. QNT is now heading for a retest, and we will see if the price is able to break this level or not.

Support Area: $63.5-$67.5

Resistance Area: $82.7-$84.8

Crypto VIP Signal

01 Jul 2024 14:31

XRP analysis:

Price is currently trading at a major support area on the daily time frame. There might be some accumulation at the support area, so you could consider opening a small long position there.

Support Area: $0.45-$0.473

Resistance Area: $0.569-$0.592

Crypto VIP Signal

01 Jul 2024 07:40

Bitcoin began the week with a strong upward movement. The price bounced after testing the support area and is now heading towards the resistance zone. Whether the upward movement continues or not will be determined by the US market opening. Let's observe how the price reacts.

Crypto VIP Signal

30 Jun 2024 15:35

71 days after the halving and Bitcoin is still on track for a 2016-2017 bull run. This rally is just warming up.

Crypto VIP Signal

30 Jun 2024 09:16

Bitcoin is still trading sideways with no market changes. The support level is $60,000, and the market remains above it. Potential movement is expected on Monday with the opening of global markets.

Crypto VIP Signal

29 Jun 2024 16:16

Educational Post

All or None Order (AON)

An All or None order, often abbreviated to AON is an order made on a financial exchange to buy or sell a volume of assets for a set price. However, unlike other order types such as a market order or limit order, an All or None order is placed with a specific instruction as to how that order should be filled.

As the name suggests, an AON order, once placed, must either be filled in its entirety or not at all. This prevents any partial filling of orders and gives the buyer or seller the confidence of the fixed execution price for the entire volume.

This type of orders can be used, for instance, in algorithmic trading as a way to gauge the directional trend of a market and to prevent partial fill situations, which may happen when a market presents high levels of volatility with low volumes, such as during a flash crash type event.

Crypto VIP Signal

29 Jun 2024 11:23

DOT analysis:

Price has broken out of the falling wedge pattern on the 4-hour chart, indicating a positive signal. A test of the support area may occur, providing an opportunity to accumulate near the support area.

Support Area: $5.95-$6.10

Resistance Area: $6.80-$6.95

Crypto VIP Signal

28 Jun 2024 20:54

IMX analysis:

Price broke below the support area, forming a small triangle pattern. The small uptrend line is working as a support. Let's see if it can hold this level.

Support Area: $1.45-$1.48

Resistance Area: $1.67-$1.78

Crypto VIP Signal

28 Jun 2024 12:26

The altcoins market cap (TOTAL2) is gradually increasing and reclaiming the trendline. We may witness a continuation of the upward movement in altcoins. Increase your stop-loss and maintain the trades.

Crypto VIP Signal

27 Jun 2024 21:26

ARB analysis:

Price broke below a major area and is now attempting to reclaim it. Let's see if the price can break above this area or not. Only open long positions after a break and close above this level.

Resistance Area: $0.843-$0.857

Crypto VIP Signal

03 Jul 2024 20:10

TIA analysis:


Price is currently forming a large falling wedge pattern on the daily timeframe and is approaching the support trendline of the pattern. Consider entering a long position in TIA near the support level with a tight stop loss.

Support Area: $5.00-$5.35

Resistance Area: $7.00-$7.40

Crypto VIP Signal

03 Jul 2024 14:08

The Mayer Multiple metric, which assesses the ratio between price and its 200-day moving average (200DMA), is an essential tool for evaluating market momentum. The 200DMA serves as a simple indicator to gauge bullish or bearish trends, with any breaks above or below this average marking key market pivot points. The 200DMA is currently at $58,000, aligning with on-chain price models.

Crypto VIP Signal

03 Jul 2024 08:26

Bitcoin is experiencing a downward trend but is currently maintaining support. There is no need to panic as BTC is holding its support. Let's observe how the price behaves in the upcoming weeks.

Crypto VIP Signal

02 Jul 2024 13:34

The altcoin market cap (TOTAL2) is gradually increasing as expected. Some altcoins are demonstrating strong performance as BTC continues its sideways movement. A rally in altcoins is imminent.

Crypto VIP Signal

02 Jul 2024 08:16

Bitcoin is currently trading sideways, but we anticipate a move towards the $65,000 resistance area. The US market is displaying positive movement, and we expect a similar trend in BTC.

Crypto VIP Signal

01 Jul 2024 16:23

📊 Bitcoin Spot Trade Market Share Update:

Over the past 12 months, Binance's share of all bitcoin exchange spot trades dropped from approximately 67% to closer to 30%. So, who captured the market share from Binance?

Here's the increase in market share of spot volumes over the past 12 months:

- Bybit: +20%
- Coinbase: +3%
- Rest of Market: +15%

The landscape is shifting!

Crypto VIP Signal

01 Jul 2024 11:36

DOT retested the support area as expected and bounced from there. We hope that you accumulated some DOT at the support area. Hold the position as we may see a move towards the resistance area.

Resistance Area: $6.80-$6.95

Crypto VIP Signal

30 Jun 2024 20:27

UNFI analysis:

The price is currently approaching the resistance area, so it's best to wait for a test of the resistance area to see how the price reacts.

Support Area: $3.94-$4.10

Resistance Area: $5.47-$5.85

Crypto VIP Signal

30 Jun 2024 13:24

MATIC is approaching a major support area, and we might see some sideways movement/accumulation for a few days. If you missed out earlier, you can consider accumulating some now.

Crypto VIP Signal

29 Jun 2024 19:45

OM ANALYSIS :

OM is ranging between the support and resistance area at $0.75 - $0.76 and $0.63 - $0.5 respectively. Right now, price going though a consolidation area, a breakout will need to decide the direction now, so eyes on break out.

Crypto VIP Signal

29 Jun 2024 14:41

Bitcoin Miner capitulation has reached levels comparable to December 2022 with a 7.6% drawdown.

December 2022 marked the cycle bottom after the FTX collapse. Could this be another major turning point?

Crypto VIP Signal

29 Jun 2024 08:37

Bitcoin dropped to the support area and bounced from there. As expected, BTC is moving sideways at the support area. Less volatility is expected over the weekend.

Crypto VIP Signal

28 Jun 2024 14:02

OMNI dropped to the support area again and bounced from there. If you have opened long positions, increase your stop loss and hold the trade. The support and resistance levels remain the same.

Crypto VIP Signal

28 Jun 2024 09:13

Nothing has changed in the market, and BTC continues to move sideways. We may see the same movement over the weekend. Keep an eye on the support and resistance levels.

Crypto VIP Signal

27 Jun 2024 15:56

At the time of writing, LTH-NUPL is at 0.66, which resides between levels associated with the pre-euphoria phase 🟢. This condition has been in play for 96 days, a very similar duration to the 2016-17 cycle.