Crypto VIP Signal

14 May 2024 16:56

Glassnode has reported that long-term Bitcoin holders, who had sold around 1 million BTC since late 2023, are now accumulating once again. This group has added approximately 70,000 BTC since the bottom of the cycle, as they see value in BTC's price consolidation above $60,000.

Crypto VIP Signal

14 May 2024 12:16

ETC is currently testing the support area as expected. It is advisable to open small long positions in the support area. There might be some accumulation at the support before the next upward movement. The support and resistance levels remain the same.

Crypto VIP Signal

13 May 2024 21:11

COMP analysis:

Price is currently trading within a triangle pattern, and a breakout may occur soon. It is advisable to wait for the triangle pattern to break before making new entries.

Support Area: $53.00-$53.50

Resistance Area: $58.00-$60.00

Crypto VIP Signal

13 May 2024 12:12

FTT tests the support area and the price bounced from there. If you have opened any long positions then increase your stop loss and hold the position. We may see a move towards the resistance area now.

Crypto VIP Signal

12 May 2024 21:09

Hello everyone! Exciting news awaits! 🥳

After receiving numerous requests from our community for a game-changing PancakeSwap/Uniswap GEM call, we're thrilled to announce that the next undervalued but guaranteed 20X-50X potential GEM💎 is on its way! Our team has been hard at work, meticulously vetting a range of incredible projects with massive potential.

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- Check if it's listed on CoinMarketCap (CMC) and CoinGecko (CG)
- Ensure liquidity and token lock-ups
- Evaluate the project's idea, team, and development progress
- Look out for upcoming events, roadmap implementation, and product-market fit
- Tokenomics: Review the tokenomics, including supply distribution, token utility, and potential for scarcity. Strong tokenomics can drive long-term value appreciation.
- Analyze fundamental and technical aspects
- Liquidity and Volume: Check the liquidity depth and trading volume. Higher liquidity ensures smoother trading and price stability.

In the meantime, it's wise to prepare by transferring some funds to BNB, ETH, or USDT (BEP20/ERC20) on MetaMask or TrustWallet. This ensures you're ready to seize this golden opportunity when it arises, especially since this PancakeSwap/Uniswap GEM 💎 will soon be listed on Tier1 exchanges.

Stay tuned for the date and time announcement, and happy trading! 😊

Crypto VIP Signal

12 May 2024 13:04

According to Glassnode, Ethereum staking saw a notable 9% increase in Q1, attributed to the DenCun upgrade and a surge in ETH prices. The rise in participation is further influenced by developments such as Liquid Staking and the Eigenlayer Airdrop.

Crypto VIP Signal

12 May 2024 07:12

Bitcoin is holding the $60,000 level and bounced from there. The volume is dropping because of the weekend and we see some action on Monday.

Crypto VIP Signal

11 May 2024 14:48

BTC miners are experiencing a notable decline in revenues after halving. This means the selling pressure is decreased.

Crypto VIP Signal

11 May 2024 08:36

Bitcoin experienced a significant drop in value, but it managed to hold the $60,000 level, which is a good sign. We may witness some sideways movement in the market for now before a big move occurs. The price has been trading within a range for a long period, and a big wave may be coming soon.

Crypto VIP Signal

10 May 2024 16:24

Coinbase experienced a remarkable surge in trade volume during Q1, surpassing $312 billion. Institutional trading played a significant role, outpacing retail and accounting for a whopping 82% share of the total volume.

Crypto VIP Signal

10 May 2024 07:57

Bitcoin is slowly gaining momentum and may see some sideways movement over the weekend. To remain bullish, the price needs to break above the resistance area, while the support area remains the same.

Crypto VIP Signal

09 May 2024 16:08

Educational Post

What Is the Atomicals Protocol?

Atomicals is a free, open-source protocol that provides a flexible way of creating digital objects on Bitcoin or any other blockchain that adopts the same UTXO model. Each digital object is called an “Atomical” or “atom” and basically consists of a chain of digital ownership, which follows a set of simple rules.

The Atomicals protocol can be used to mint, transfer, and update all sorts of static or dynamic digital objects, including fungible tokens and non-fungible tokens (NFTs). Atoms are created through Bitcoin transactions, and the protocol is compatible with any Bitcoin wallet without the need for separate chains, layer 2 networks, or third-party services.

What Is ARC-20?

Inspired by the BRC-20 token standard and built with the Atomicals protocol, ARC-20 is an experimental token standard for fungible tokens (colored coins) on the Bitcoin network.

Each ARC-20 token is linked to the value of at least one satoshi, the smallest unit of Bitcoin. This means that, by design, the value of each ARC-20 cannot go below 1 satoshi. However, that doesn’t necessarily mean that there will be market demand for such tokens, so it’s important to DYOR before taking risks.

It’s worth noting that there are no official ARC-20 tokens. All of them were created by the community and launched independently of the Atomicals Protocol team.

Crypto VIP Signal

09 May 2024 12:07

NEXO is still trading within the triangle pattern. We may see a test of the support area and observe how the price reacts. The support and resistance levels remain unchanged.

Crypto VIP Signal

08 May 2024 20:56

JUP analysis:

Price was rejected from the resistance area and now slowly moving towards the support area. This is no trade zone and better to wait for some time.

Support Area: $0.835-$0.895

Resistance Area: $1.14-$1.22

Crypto VIP Signal

08 May 2024 12:32

ALT is continuing its downward movement, with the price being unable to break the trendline. It is predicted that we may see the price move towards the major support area in the coming days. This zone would be ideal for new entries.

Major Support Area: $0.295-$0.305

Crypto VIP Signal

14 May 2024 16:03

Educational Post

What Is Revenge Trading?

Revenge trading refers to a psychological trap where traders try to quickly recover their losses, often leading to irrational trading decisions. Revenge trading can lead to a dangerous cycle of poor trading decisions, as traders start basing their trades on emotions rather than proper trading strategies.

How Does Revenge Trading Work?

Revenge trading typically occurs when a trader experiences a significant loss or a series of losses. Feeling the pressure to "make back" the lost funds, the trader deviates from their trading strategy, often increasing their position sizing or entering trades with higher risk profiles.

The trader's judgment is clouded by emotions, overriding the discipline and rules set in their trading plan. They may start ignoring fundamental risk management principles and market indicators, focusing solely on recovering their loss as quickly as possible.
For instance, imagine that after a heavy loss caused by an unexpected market downturn, the trader doubles down on another risky position to recover the lost capital. The new position bets against the recent downturn. Despite market indicators suggesting further decline, the trader sticks with the new position without any reason other than to recover their previous losses.

Consequences of Revenge Trading

Revenge trading can negatively influence traders both financially and emotionally. Financially, revenge trading often leads to further losses. It can also result in higher trading costs if trading frequency increases.

Emotionally, revenge trading can lead to stress and anxiety. It can also lead to a feeling of frustration and failure, which might deter the trader from following a systematic trading approach in the future. Furthermore, persistent revenge trading can result in burnout, causing the trader to lose interest and potentially stop trading altogether.

Trading is hard and can be very stressful. If you find yourself revenge trading, or failing to follow your trading strategies, long-term investing might be a safer and easier choice, especially for beginners.

Crypto VIP Signal

14 May 2024 08:52

Bitcoin bounced from the support area but was unable to keep the upward momentum. Price is now slowly going towards the support area and we may see a bounce from there. Today is FOMC meeting and we are expecting high volatility in the market.

Crypto VIP Signal

13 May 2024 15:23

Bitcoin ETF products experienced inflows for the first time in five weeks, amounting to $130 million. The majority of these inflows, totaling $135 million, were observed in the US region. Additionally, Grayscale, a key player in the market, witnessed its lowest weekly outflows since January.

Crypto VIP Signal

13 May 2024 08:27

Bitcoin is going sideways as said. We may see some volume pump today when US markets open. Nothing has changed in the market as long as the price is holding the $60,000 support level.

Crypto VIP Signal

12 May 2024 21:00

AI Analysis :

AI take a bounce from the build-up support area of $0.81 - $0.86 and moving within a triangle formation. Price currently, taking support from the trendline and need to watch a breakout now. Anticipating the clean with, whichever side this gonna break and trading ranges are good enough to take them.

Crypto VIP Signal

12 May 2024 11:02

ETH is once again testing the support area, demonstrating resilience as it holds firm. Accumulation appears to be underway, hinting at potential upward momentum. A bounce from the support area towards the resistance line could be on the horizon.

Crypto VIP Signal

11 May 2024 20:51

ETC analysis:

Price is currently stuck in a narrow range and located at its centre. It is advisable to avoid trading at this point and wait for a retest of the support area before entering the market again.

Support Area: $24.40-$25.40

Resistance Area: $28.60-$29.60

Crypto VIP Signal

11 May 2024 12:21

The TOTAL crypto marketcap is currently in a downtrend channel on lower timeframes and may test the major support area before the next leg up. There is plenty of liquidity around this support area.

Major Support Area: $2 Trillion

Crypto VIP Signal

10 May 2024 20:01

DODO analysis:

The price is currently testing the resistance area. A small uptrend line is acting as support. It is recommended to wait for a clear breakout above the resistance area before opening new long positions. Conversely, if the price breaks below the uptrend line then there may be an opportunity for short entries.

Support Area: $0.127-$0.14

Resistance Area: $0.193-$0.205

Crypto VIP Signal

10 May 2024 12:46

JUP is slowly approaching the resistance area. Let's observe how the price reacts when it reaches the resistance area. Only consider opening long positions if the price breaks and closes above the resistance area.

Support Area: $0.835-$0.895

Resistance Area: $1.14-$1.22

Crypto VIP Signal

09 May 2024 21:02

FTT analysis:

The price was unable to break through the resistance area and encountered a lot of selling pressure. We will likely see a test of the support area in the next few days, which could be an opportunity for new entries. You can place your buy orders within the support area.

Support Area: $1.65-$1.75

Resistance Area: $2.18-$2.22

Crypto VIP Signal

09 May 2024 15:34

The price of FET has bounced back from the expected support area. If you opened a long position as signalled, you would have made a profit of more than 34% from our entry. However, the price has once again been rejected from the resistance area, which may result in another test in the coming days. If you are still holding your long positions, it is advisable to increase your stop loss to the breakeven point and hold.

Crypto VIP Signal

09 May 2024 08:41

Bitcoin is currently attempting to hold the trendline and it remains to be seen how the price will react. The major support area is currently between $59,000-$60,000, while the resistance levels have remained unchanged. We may witness a significant market movement next week.

Crypto VIP Signal

08 May 2024 15:44

Persistence often pays off in the long run. Typically, there's a period of 5-6 months of accumulation before a significant market movement occurs.

Crypto VIP Signal

08 May 2024 09:44

Bitcoin is now going for a retest of the trendline. We may see a bounce from there. The resistance level remains the same and we see a big move if the price can close above the $65,500 level.