tcgforyou | Cryptocurrency

Telegram-канал tcgforyou - Trading Crypto Guide ™

116879

Contact for any queries @Steffendude

Subscribe to a channel

Trading Crypto Guide ™

Here's the Analysis of #BOME :

#BOME is been stuck between the consolidation range and now rejecting from the resistance area of $0.010 - $0.011. Well, price looks like going to drop a little and need to wait for the breakout of the zone. Take the long or short as per the breakout and ride the move.

Читать полностью…

Trading Crypto Guide ™

BTC has found solid ground at EMA25 on 4h, The calm before the storm is here, and Alts are setting the stage for a powerful move so we're going to share a strong news based call at 4PM GMT TODAY

This call is unlike other calls—packed with breaking news and trending hype so be ready to act fast for insane gains today🚀

Exchange: Binance & MEXC

Читать полностью…

Trading Crypto Guide ™

Bitcoin's current profit-taking volume has risen to $635M per day, which is significant but still moderate compared to previous bull market peaks. While this increase shows healthy market activity, it's nowhere near the extreme profit-taking levels we saw during past euphoric phases. This suggests there's still room for growth before reaching the kind of excessive profit-taking typically seen at market tops.

Читать полностью…

Trading Crypto Guide ™

#BTC nearly goes to the extreme and floating over the support zone as mentioned. Price a have a dip down towards the support and take a huge surge in price. Its back into a consolidation so have to wait for the price to break.

Читать полностью…

Trading Crypto Guide ™

What is token issuance?

Token issuance is one of the most important processes in the world of blockchain technology and cryptocurrencies. Essentially, token issuance is the process of creating new tokens that are then added to the total supply of the cryptocurrency.

Depending on the blockchain and cryptocurrency, token issuance may take different forms. Usually, token issuance is regulated by complex algorithmic calculations that determine the amount of tokens necessary for the blockchain ecosystem to function properly. The total supply of tokens for each cryptocurrency is different. The amount of tokens comprising the total supply is also calculated through complex algorithmic functions.

It is important that blockchain-based projects and cryptocurrencies, in general, detail how the process of token issuance works for their specific system. As there are numerous consensus mechanisms out there, different crypto blockchains have various setups when it comes to token issuance.
For example, the Bitcoin whitepaper details that there can only ever be 21 million Bitcoin tokens. Consequently, Bitcoin issuance will cease once this threshold of 21 million tokens is reached. Other cryptocurrencies have opted not to have a maximum supply limit. Regardless of the style and type of cryptocurrency, token issuance is one of the most important processes, and it has to be described in detail.

Going back to consensus mechanisms, some cryptocurrencies also utilize a process called token burning. This is the complete opposite of token issuance, as tokens are effectively destroyed forever. Some consensus mechanisms rely on a combination of token issuance and token burning to ensure there is agreement across the network of nodes.

Token issuance may also refer to the process of tokenization, in which an asset outside of the cryptocurrency ecosystem is added to the blockchain via a specific crypto token. In such cases, token issuance becomes the process of creating a token, yet not one that belongs to a cryptocurrency, but rather a token that represents an outside asset.

In the world of cryptocurrency, token issuance is very important. The rules governing token issuance on different projects help investors determine whether they want to invest in the project or not. Additionally, these rules can also have an impact on the valuation of cryptocurrencies. More often than not, cryptocurrencies that have a fixed maximum supply experience price hikes when the blockchain is close to reaching this maximum supply limit.

Читать полностью…

Trading Crypto Guide ™

#IMX continued its move and moving back and forth the drawn zone. Price again back to the zone, we can scale in here targeting next resistance.

Читать полностью…

Trading Crypto Guide ™

Here's the Analysis of #JUP :

#JUP is broke out of the consolidation range and now have rejection from the support zone around $1.05 - $1.09. Price already breaking from the major support zone so, we can expect the up move from here. Take the setup and manage the risk.

Читать полностью…

Trading Crypto Guide ™

What Is a Token Generation Event?

A Token Generation Event (TGE) is when a new cryptocurrency or token is officially created and distributed to initial investors, often marking the first time these digital assets become transferable on the blockchain. It's similar to a company issuing shares, but for crypto tokens. During a TGE, tokens that were previously locked or didn't exist are "generated" and sent to various wallets including early investors, team members, advisors, and public sale participants. Think of it like the grand opening of a store - it's the moment when the tokens go live and can actually be traded or used. This differs from a token sale or ICO, which is when people commit to buying tokens before they exist - the TGE is the actual moment those promised tokens become real and usable on the blockchain.

Читать полностью…

Trading Crypto Guide ™

#IO pushed further highs breaking the Major resistance zone and now resting it inside the zone. Trade gone onto 88% in profit and again we have opportunity for longs here.

Читать полностью…

Trading Crypto Guide ™

#BTC attempted though break the $90,000 level and failing by few points. Price build a strong resistance and support zone at $89,500 - $89,000 and $86,200 - $86,000. Well, this to come and price build up liquidity again on top, so we can expect to price accumulate in his zone for this week.

Читать полностью…

Trading Crypto Guide ™

What Is a Tipset?

A tipset is a term mostly used to describe the blockchain of decentralized storage system Filecoin. Filecoin’s consensus mechanism is built on tipsets, as their Expected Consensus system (unlike Bitcoin) is election-based and allows for multiple miners to be the elected leaders in a round.

This means that Filecoin (or another similar storage system) allows more than one storage miner to create blocks in one epoch, which in turn increases the network throughput. Basing a blockchain on tipsets can also contribute to the security of the network: simply put, since each tipset’s weight is relative to the amount of storage it provides, any node that attempts to disrupt the creation of valid blocks must contend against the consensus’ preference for heavier chains.

Filecoin’s tipset system is similar to Ethereum, since the system motivates participants to collaborate and prevents work being wasted through an increase in chain throughput.

The advantages of using a tipset system are that miners will gather together to support the heaviest chain, or the chain that is creating value — this is because decentralized storage systems naturally prioritize chains that are offering more storage. Tipsets that are lighter chains become orphan blocks, since they don’t have the draw of greater storage power.

Читать полностью…

Trading Crypto Guide ™

#AUCTION continue to play with the market and reached arouna $15.0 which is 175% in profit with 10x leverage

I hope you enjoyed the free calls these days 🍺

Читать полностью…

Trading Crypto Guide ™

#BEL made a high of $0.62 which made more than 130% in profits with 10x leverage

Читать полностью…

Trading Crypto Guide ™

#GFT finally had a move and made. High ofb$0.019 which is 13% in profits.

Читать полностью…

Trading Crypto Guide ™

New day new #ATH.

#BTC gave 7 Bullish candles in a row and grown about 32%. Price now retesting the structural support zone again and expecting a push to $80,000 level. Nothing much to be done here, just watch and make to book profit in increasing altcoins.

Читать полностью…

Trading Crypto Guide ™

Upcoming signal has been postponed for tomorrow.

Thank you for your understanding

happy trading. Stay tuned!

Читать полностью…

Trading Crypto Guide ™

What Is Tokenized Identity?

Tokenized Identity, otherwise known as blockchain-based identity, is a subset of digital identity that leverages blockchain technology to verify and authenticate identities.

This involves verifying identity information and issuing a token that contains no personal or sensitive information. Identities are managed through tokens, and these tokens allow users to participate securely in Web3.

Tokenized identity refers to the representation of an identity as a digital token on a blockchain, enabling seamless, interoperable identity verification across platforms and applications.

A dApp would use tokenized identity to allow users to securely prove their identity or ownership of a specific credential without repeatedly sharing personal data, enhancing both security and user experience.

Tokenized identity is different from ZK technology, specifically zero knowledge proofs (ZKPs), which may be used to validate specific attributes of a user’s identity without revealing sensitive personal information when queried. ZKPs may function outside a blockchain, whereas tokenized identity relies on a blockchain to secure the token. Tokenized identity does not have the computational burden that ZKPs have.

Читать полностью…

Trading Crypto Guide ™

#BETA moved 17.4% in profit from the support and now its back into zone again. Price tightly stuck into the consolidation and until breakout you can trade the range or scalp.

Читать полностью…

Trading Crypto Guide ™

Here's the Analysis of #RLC :

#RLC moved into the consolidation range between the resistance at $1.79 - $1.88 and support at $1.29 - $1.29. Price action is ranging to do the range buys and sells and wait for the breakout which will aggressively push the market.

Читать полностью…

Trading Crypto Guide ™

The Bitcoin market saw a massive $3.1 billion in realized profits during the March 2024 price peak. As the market absorbed this surge of profit-taking over the following 7 months, both realized profits and losses settled towards a more balanced state.

This indicates a resetting of the underlying supply and demand dynamics in the market.

However, signs are now emerging that profit-taking is starting to increase again. This could signal a new wave of demand entering the Bitcoin market, as investors look to capitalize on the recent price appreciation.

Читать полностью…

Trading Crypto Guide ™

#BTC had a very quick breakout of the zone and touched $93,000 mark. With that, price dumped hard and broke the structural support. Overall we're strongly bullish so we can expect new highs sooner. In extreme we can have $86,400 support.

Читать полностью…

Trading Crypto Guide ™

#Bitcoin surpasses Saudi Aramco to become the world’s 7th most valuable asset by market cap.

Читать полностью…

Trading Crypto Guide ™

Bitcoin is experiencing significant capital inflows since September, with the Realized Cap (which tracks the total cost basis of all coins) hitting a new all-time high of $656B. Over the past 30 days, this metric has grown by 3.8% - one of the strongest growth rates since January 2023 - representing $2.5B in fresh capital entering the market. This surge in Realized Cap suggests robust market health, where new investors are actively buying Bitcoin while existing holders taking profits are met with strong demand at higher price levels.

Читать полностью…

Trading Crypto Guide ™

Donald Trump has announced the creation of a new “DOGE” department, with Elon Musk and Vivek Ramaswamy set to lead it.

Читать полностью…

Trading Crypto Guide ™

Here's the Analysis of #ALICE :

#ALICE is been going through the consolidation range, between the Resistance and Support Zone around $1.19 - $1.24 and $0.84 - $0.88 respectively. We can trade the market in the consolidation range. There's a support zone resting below of $0.65 - $0.72, where price can retrace deeper in case of retracement. Accumulate the dip only.

Читать полностью…

Trading Crypto Guide ™

By comparing two key metrics - Bitcoin ETF money flows (spot buying) and CME futures positions over 30 days, we can see an interesting pattern. When these numbers move similarly, it suggests institutional traders are using a specific strategy:

Buy Bitcoin through ETFs (long spot) 🟠
Sell Bitcoin futures on CME (short futures) 🔵
Profit from the price difference between spot and futures

This matching pattern indicates large players are actively using this "cash-and-carry" strategy to earn relatively safe yields, rather than just making directional bets on Bitcoin's price.

Читать полностью…

Trading Crypto Guide ™

#DEXE really played out in a short span of time and made a high of $10.17 which is more than 2x profit with 10 leverage 🍻

Читать полностью…

Trading Crypto Guide ™

#SFP also performed well and made a high of $0.76 which js 95% in profit with 10x leverage long

Читать полностью…

Trading Crypto Guide ™

#GOLD UPDATE :

#GOLD moved as per the plan and dropped after building a new ATH. Price formed the Head & shoulder in a bigger form and dropping like hell. Price broke all the support zones and now near about the support zone of $2587 - $2591. Wait for the market to turn bullish and take the setup or a close below will lead in further price to fall.

Читать полностью…

Trading Crypto Guide ™

#BTC $89,000 🚀

WE'RE NEAR FOR $90,000 and eventually $100,000 🙌🏻

Читать полностью…
Subscribe to a channel