Crypto VIP Signal

30 Dec 2024 14:16

MicroStrategy continues its Bitcoin dominance! 🚀

The company has acquired 2,138 BTC for $209M at an average of $97,837/BTC. As of Dec 29, 2024, they now hold a massive 446,400 BTC, purchased for $27.9B at an average price of $62,428/BTC.

Crypto VIP Signal

30 Dec 2024 09:18

IDEX is attempting to break the resistance area but is facing heavy selling. We are waiting for a breakout above the resistance area for new entries. A daily candle close above this resistance area would be considered bullish.

Resistance Area: $0.0697-$0.0737

Crypto VIP Signal

29 Dec 2024 19:12

The TOTAL crypto market cap is finding support at the uptrend line. We may see a bounce from this point. A break below the uptrend line will result in the price heading towards the major support area of $3 trillion.

Crypto VIP Signal

29 Dec 2024 12:23

LINK has reached the accumulation zone, and we may see sideways movement before the next move. You can build your position with proper risk management.

Resistance Area: $25.00-$25.70

Crypto VIP Signal

29 Dec 2024 06:46

Bitcoin is currently moving sideways, and not much is expected until the New Year holidays. You can also enjoy some quality time with your friends and family.

Crypto VIP Signal

28 Dec 2024 19:47

FUN analysis:

Price is now in the no trade zone and better to wait for better opportunity. We are expecting a test of the support area before the next move.

Support Area: $0.00390-$0.0042

Resistance Area: $0.00597-$0.0063

Crypto VIP Signal

28 Dec 2024 12:39

BONK analysis:

Price dropped below the support area but quickly bounced back after taking liquidity. You can consider buying some BONK near the support area. We may see a significant rally in memecoins in the coming days.

Accumulation Zone: Below $0.00003000

Crypto VIP Signal

28 Dec 2024 07:04

Bitcoin has been rejected again after the retest and continues its downward movement. The $95,000 support has been broken, and we may see a drop towards the major liquidity zone of $92,000-$93,000.

Crypto VIP Signal

27 Dec 2024 14:46

Educational Post

What is a Market Order?

A market order is an order to instantly buy or sell at the best available price. It is executed based on the limit orders that are already located in the order book, meaning that market orders depend on market liquidity to be completed.

Unlike limit orders that are placed on the order book and wait for someone to execute them, market orders are executed immediately at the current market price. Therefore, when completing a market order in the Binance exchange, you will be paying the trading fees as a market taker.

Since market orders are executed right away, your market order will match the best limit order available on the order book. In other words, if you create a market buy order, it will match the best limit sell orders at the current price. However, if the cheapest limit sell order available is not sufficient to fill your entire market order, your order will automatically match the following limit sell orders until it is finally completed. This process is called slippage and is the reason why you pay higher prices and higher fees with market orders when compared to limit orders.

Market orders are convenient in situations where getting your order quickly filled is more important than getting a certain price. This means that you should only use market orders if you are in a hurry and willing to pay higher prices and fees (caused by the slippage). In other terms, market orders should only be used if you want to buy or sell as quickly as possible, regardless of price and fees.

Crypto VIP Signal

27 Dec 2024 10:12

The UNI trade is performing well, with a peak profit of over 145% from our entry point. If you missed the earlier opportunity, you can consider opening a long position at the support area. We might experience some sideways movement around this support level before the next significant move occurs.

Support Area: $11.70-$12.90

Crypto VIP Signal

27 Dec 2024 07:01

Bitcoin has broken below the support zone and has retested it multiple times but has not yet been able to reclaim this level. The price needs to reclaim the level; otherwise, we may see further downward movement. The support level is at $95,000.

Crypto VIP Signal

26 Dec 2024 14:26

Educational Post

What is Layer 2?

Layer 2 refers to a secondary framework or protocol that is built on top of an existing blockchain system. The main goal of these protocols is to solve the transaction speed and scaling difficulties that are being faced by the major cryptocurrency networks.
For instance, Bitcoin and Ethereum are still not able to process thousands of transactions per second (TPS), and this is certainly detrimental to their long-term growth. There is a need for higher throughput before these networks can be effectively adopted and used on a wider scale.

In this context, the term “layer 2” refers to the multiple solutions being proposed to the blockchain scalability problem. Two major examples of layer 2 solutions are the Bitcoin Lightning Network and the Ethereum Plasma. Despite having their own working mechanisms and particularities, both solutions are striving to provide increased throughput to blockchain systems.

Specifically, the Lightning Network is based on state channels, which are basically attached channels that perform blockchain operations and report them to the main chain. State channels are mainly used as payment channels. On the other hand, the Plasma framework consists of sidechains, which are essentially small blockchains arranged in a tree-like structure.

In a broader sense, layer 2 protocols create a secondary framework, where blockchain transactions and processes can take place independently of the layer 1 (main chain). For this reason, these techniques may also be referred to as “off-chain” scaling solutions.
One of the main advantages of using off-chain solutions is that the main chain doesn’t need to go through any structural change because the second layer is added as an extra layer. As such, layer 2 solutions have the potential to achieve high throughput without sacrificing network security.

Crypto VIP Signal

26 Dec 2024 11:23

LINK analysis:

Price is currently approaching the support area, where you can place your buy orders. We might observe some accumulation at the support zone before the next movement.

Support Area: $21.30-$.22.00

Crypto VIP Signal

26 Dec 2024 07:09

Winner of the $5000 Giveaway will be announced today at 4 PM UTC. Stay tuned!

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Crypto VIP Signal

25 Dec 2024 18:48

ACT analysis:

The price is currently trading within a falling wedge pattern and is now establishing a support zone. You might consider adding some ACT here, as there is potential for a move towards the resistance area. A breakout from the falling wedge could lead to a significant rally.

Resistance Area: $0.415-$0.456

Crypto VIP Signal

30 Dec 2024 12:47

Bitcoin 2025 outlook: The first half could be pivotal. Keep this on your radar.

AVIV Ratio: Still climbing, with potential for this cycle’s peak yet to come.

Crypto VIP Signal

30 Dec 2024 06:27

A small falling wedge pattern is currently forming on the hourly timeframe. This pattern typically breaks upward, and we can expect a strong move towards the resistance area after the breakout.

Resistance Area: $96,500-$97,000

Crypto VIP Signal

29 Dec 2024 13:44

BlackRock's IBTC continues to dominate the Spot Bitcoin ETF market, holding a commanding 71% share, while Fidelity's FBTC secures the second position with approximately 13%.

Crypto VIP Signal

29 Dec 2024 10:26

STX analysis:

Price is finding support at the uptrend line. We may see a test of the resistance area, and let's see if it breaks above it or not. It’s better to wait for some time before making new entries.

Resistance Area: $1.80-$1.95

Crypto VIP Signal

29 Dec 2024 05:28

EDUCATIONAL POST

Exploring Uniswap and PancakeSwap: A Beginner's Guide

 

Crypto VIP Signal

28 Dec 2024 14:48

Glassnode reports that capital inflows into crypto markets have been steadily declining since December 10. We may see the trend reverse after the New Year.

Crypto VIP Signal

28 Dec 2024 10:22

PEPE analysis:

Price tested the support area and bounced back. You can consider opening a long position around this support level. We may see a continuation of the upward movement in the coming days.

Support Area: $0.00001680-$0.00001740

Resistance Area: $0.00001950-$0.00002000

Crypto VIP Signal

27 Dec 2024 18:28

IDEX analysis:

Price is currently fluctuating between the support and resistance areas. This is a no-trade zone, and it is better to wait for a test of the support area or a breakout above the resistance area.

Support Area: $0.0505-$0.0538

Resistance Area: $0.0697-$0.0737

Crypto VIP Signal

27 Dec 2024 12:51

Analyzing recent corrections since October 2023, the number of Bitcoin held at a loss ranged between 3.9M and 6.1M BTC before the market found stability.

Currently, around 3M BTC are in loss, indicating a less severe level of market stress compared to past corrections. This could suggest a stronger resilience in the market or a possible shift in investor behavior.

Crypto VIP Signal

27 Dec 2024 09:01

XLM analysis:

Price is currently trading within a downtrend channel, creating a no-trade zone. We are waiting for a breakout above the resistance line to identify new entry points.

Resistance Area: $0.40-$0.415

Crypto VIP Signal

26 Dec 2024 18:28

API3 analysis:

Price recovered from the support area after the drop. You can open a long position if the price falls to the support level. We may see some accumulation before the next move.

Support Area: $1.50-$1.55

Resistance Area: $1.95-$2.15

Crypto VIP Signal

26 Dec 2024 13:01

Since the December 2022 low, Solana has outpaced both Bitcoin and Ethereum in percentage capital growth, achieving remarkable liquidity expansion across 389/727 trading days.

Crypto VIP Signal

26 Dec 2024 07:32

Bitcoin has once again been rejected from the resistance area and is unable to break through it. There is significant selling pressure at this resistance level, and we are likely to see a large move once this resistance is overcome.

Crypto VIP Signal

25 Dec 2024 19:34

🎄 Merry Christmas, Crypto VIP Signal Family! 🎄

This festive season, we wish you endless blessings, boundless joy, and prosperous gains in the crypto world! 🚀✨ Let’s continue to grow together and make this bull run a remarkable year for all of us.

Stay tuned for the best signals and opportunities—your journey to financial freedom starts here!

#MerryChristmas #CryptoVIPSignal

Crypto VIP Signal

25 Dec 2024 15:16

Educational Post

What is the term Weak Hands?

“Weak hands” is a term used to describe a trader or investor that lacks the confidence, resources, or ability to hold their positions or to stick with their trading plans. However, the term may be employed differently according to the type of market.

In both the Forex and cryptocurrency markets, “weak hands” is frequently used with a negative connotation, which describes the behavior of inexperienced and emotional traders. Usually, these traders present predictive trading patterns and strategies, which are frequently exploited by market makers and seasoned traders.

So we may define a “weak hands” trader as the one that buys or sells compulsively, driven by emotions rather than logic. They tend to exit positions when the market shows any sort of bearish behavior or due to bad news, often selling their assets for a loss. Such individuals don’t believe in the long term growth of their investments and can be easily “shaken out” by common price swings.