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 #ARKM :

#ARKM moving with in the flip zones of around $1.33 - $1.36 and $1.69 - $1.75 and moving with the triangle pattern too. Its a Pretty tradable range of 20% so you can take LTF buys with added confluence towards the resistance area.

Читать полностью…

Trading Crypto Guide ™

The Net Realized Profit/Loss metric, representing daily changes in Bitcoin's onchain capital flows, currently shows a balance between profit and loss forces. This results in minimal net flow, with oscillations around the zero point. Such equilibrium suggests a stabilizing market, similar to the August-September 2023 period. This balance indicates that coins moving in profit roughly equal those moving at a loss, reflecting a current state of market equilibrium without significant capital creation or destruction.

Читать полностью…

Trading Crypto Guide ™

#BTC missed out the Strong Resistance Area and dropped back to the last structural support zone. We can expect some sort of movement by newyork market open.

Читать полностью…

Trading Crypto Guide ™

Buying #FIDA now🚀

Accumulation is in full swing, and the pump is inevitable.

This one's set to explode🫡

Читать полностью…

Trading Crypto Guide ™

#FIDA/USDT here is gearing up for the big jump from horizontal support 🚀

Buy on MEXC: https://www.mexc.com/exchange/FIDA_USDT

Buy on Binance:
https://www.binance.com/en/trade/FIDA_USDT

Short term targets: 10%-30%-50%

Читать полностью…

Trading Crypto Guide ™

The Bitcoin Realized Cap, measuring cumulative network capital flow, has plateaued at $622 billion over the last two months. This follows six months of range-bound, downward market movement. The stagnation indicates that most Bitcoin transactions are occurring near original acquisition prices, suggesting a market equilibrium with minimal new capital inflow or outflow. This trend reflects reduced volatility and possible investor uncertainty in the current market conditions.

Читать полностью…

Trading Crypto Guide ™

#BTC gradually started moving up towards the strong resistance area. Weekly had a decent closing too with a rejection too. So we its officially a range now and need to see a break of these area in Daily TF and eyes on upcoming Weekly closing too.

Читать полностью…

Trading Crypto Guide ™

To compare ETF impact on Bitcoin and Ethereum markets, we normalized ETF netflow volume against spot volumes. This reveals that Ethereum ETFs influence about ±1% of spot volume, while Bitcoin ETFs affect ±8%. Despite normalization, this indicates Bitcoin ETFs have significantly higher market presence and investor interest, approximately an order of magnitude larger than Ethereum ETFs. This disparity highlights a much stronger appetite for Bitcoin ETFs in the current market.

Читать полностью…

Trading Crypto Guide ™

#BITCOIN WEEKLY TF UPDATE :

#BITCOIN on Weekly TF, closed candle very decent and saw a sell-off due to fundamental news. News Aligned with the price action and levels and currently, price is rejecting the support zone of support zone around $62,000. Its a range now, need to wait for the next weekly closings.

Читать полностью…

Trading Crypto Guide ™

What is S2F (Stock 2 Flow) Model ?

In simple terms, the Stock to Flow (SF or S2F) model is a way to measure the abundance of a particular resource. The Stock to Flow ratio is the amount of a resource held in reserves divided by the amount it is produced annually.

The Stock to Flow model is generally applied to natural resources. Let’s take the example of gold. While the estimates may vary, the World Gold Council estimates that around 190,000 tons of gold have ever been mined. This amount (i.e., the total supply) is what we can refer to as the stock. Meanwhile, there are about 2,500-3,200 tons of gold mined each year. This amount is what we can refer to as the flow.

Stock to Flow and Bitcoin

If you understand how Bitcoin works, it won’t be difficult for you to understand why applying the Stock to Flow model to it might make sense. The model essentially treats bitcoins comparably to scarce commodities, like gold or silver.

Gold and silver are often called store of value resources. They, in theory, should retain their value over the long term due to their relative scarcity and low flow. What’s more, it’s very difficult to significantly increase their supply within a short period of time.

According to the advocates of the Stock to Flow model, Bitcoin is a similar resource. It’s scarce, relatively costly to produce, and its maximum supply is capped at 21 million coins. Also, Bitcoin’s supply issuance is defined on the protocol level, which makes the flow completely predictable. You also might have heard about the Bitcoin halvings, where the amount of new supply entering the system is halved every 210,000 blocks (roughly four years).

Читать полностью…

Trading Crypto Guide ™

#ZRO given a good breakout but started ranging below the resistance area and dropped hard with market conditions. Price again entered the range so look for the LTF to change the direction.

Читать полностью…

Trading Crypto Guide ™

#bitcoin reclaimed $62,000 📈

Читать полностью…

Trading Crypto Guide ™

What Is a State Channel?

A state channel is a scalability solution in blockchain technology that allows participants to conduct multiple off-chain transactions without needing to interact with the blockchain network for every transaction. The key idea behind state channels is to reduce the load on the blockchain by conducting a series of interactions off-chain and only settling the final result on-chain. This significantly improves transaction speed and reduces costs.

Here’s how it works:

1. Opening the channel: A state channel is established between two or more participants by locking a certain amount of cryptocurrency in a multi-signature contract on the blockchain. This serves as collateral for the off-chain transactions.

2. Off-chain interactions: Once the channel is open, the participants can perform multiple transactions off-chain. These transactions are recorded and agreed upon by the participants without being broadcast to the blockchain.

3. Closing the channel: When the participants are done transacting, they close the channel by submitting the final state of the channel (the final agreed balance) to the blockchain. The blockchain then updates the ledger based on this final state.

Key Benefits:
- Speed: Transactions are faster since they do not require blockchain confirmations for each interaction.
- Cost: Reduces gas fees or transaction costs because only the opening and closing of the channel involve blockchain interaction.
- Privacy: Off-chain transactions are not recorded on the blockchain, providing greater privacy.

Example Use Cases:
- Micropayments: State channels are perfect for use cases like micropayments, where users want to make frequent, small transactions.
- Gaming: In blockchain-based gaming, state channels can enable fast, off-chain interactions for things like in-game purchases or actions between players.

One popular implementation of state channels is the Lightning Network for Bitcoin, which is designed to enable fast, low-cost payments.

Читать полностью…

Trading Crypto Guide ™

#ORDI getting it rejection from the wedge pattern resistance line and dropping. Price is expected to reach out the support from $24.17 - $25.68. More over, if price breaks the pattern then we can expect it to move higher towards the $48.00 resistance mark.

Читать полностью…

Trading Crypto Guide ™

Here's the Analysis of #CLV :

#CLV is been moving in a large consolidation and trading nearby the major support zone of $0.029 - $0.032. Its a 65%+ trading range, so you can take advantage of it with a confirmation and tighter stops.

Читать полностью…

Trading Crypto Guide ™

What Is Substrate?

Substrate is a web app development framework developed by Parity Technologies that allows software developers to create decentralized systems. Substrate features a secure and scalable blockchain logic, a rich user experience for any chain, compatibility with the Polkadot ecosystem and support for other smart contract platforms such as the Ethereum Virtual Machine (EVM).

Substrate showcases an efficient database that developers can take advantage of in running and maintaining blockchain-based applications. It also supports a modular peer-to-peer networking stack capable of faster transaction throughput between blockchain networks and their participants. Moreover, it offers functions that can be configured according to the needs of an application, including transaction queues and runtime libraries.

Projects built using the Substrate can be easily deployed on the Polkadot ecosystem, helping them take advantage of the growing network for wider application adoption. Substrate also works flawlessly with any browser or desktop device.

As of now, Polkadot is one of the largest blockchain projects that utilize Substrate as the backbone of their network since it is the first protocol built on its framework. It needs to be noted that Substrate is not part of Polkadot and that anyone can build new blockchains that have nothing to do with the Polkadot blockchain. However, their DApps would still be compatible with Polkadot since they are built on the same framework. By and large, Substrate has been utilized mostly to build projects that advance the Polkadot ecosystem.

Читать полностью…

Trading Crypto Guide ™

#GOLD UPDATE :

#GOLD failed to go into deeper pullback and forming a Triangle Pattern now. Price is on a Support zone now and might gonna break it sooner, so incase of close below we can expect lower moves towards the $2600 area.

Читать полностью…

Trading Crypto Guide ™

Here's the Analysis of #CELO :

#CELO is been bounced from the major support zone of $0.62 - $0.64 and now moving within a small channel pattern. Price formed a good support zone around $0.73 and expected to push from here. The next resistance level is at $0.88 and 0.97.

Читать полностью…

Trading Crypto Guide ™

#FIDA is ready to explode! 🚀

It’s on very strong weekly support in #BTC pair

We’ve seen 20-30% jump from this range ✍🏻

Don’t sleep on it! 🔥

Читать полностью…

Trading Crypto Guide ™

What are storage miners?

Storage mining is a type of cryptocurrency mining that allows miners to receive rewards for storing data on their personal servers or devices. One of the main concepts of storage mining is that miners have to dedicate a certain amount of storage space to become eligible to be a node of the blockchain network.

One of the most notable cryptocurrencies that depends on storage mining in its operations is Filecoin. The Filecoin blockchain relies on the storage capacity of its miners in order to select eligible nodes. These nodes then serve as transaction verifiers and miners of new blocks which are added to the chain.

Entrusting the node-selection process to a storage-based consensus mechanism is somewhat experimental in the cryptocurrency industry. Most popular blockchains rely on either proof-of-work (PoW) or proof-of-stake (PoS) consensus mechanisms. However, blockchains like Filecoin utilize storage power as a measure for node eligibility. Node validators are selected based on the amount of storage power they can offer to the network. In return, nodes or storage miners receive mining rewards. In the case of Filecoin, storage miners receive FIL tokens for successful block creation.

The storage that miners dedicate to the network is utilized by users of the Filecoin blockchain and system. This is why the consensus mechanism requires all approved notes to be able to prove that they have the storage power needed and that they have an updated copy of the whole system on their servers at all times.

Interestingly, storage miners can choose whether they would like to dedicate cloud storage or hardware storage. This makes it incredibly easy for storage miners to acquire additional storage power and move up in node rankings.

Storage-based consensus mechanisms are rarely utilized in the blockchain industry, however, Filecoin is proof that this system can be successful. Not only that, the highly customizable requirements regarding the type of storage power requested by the network allow storage miners a significant amount of flexibility. This flexibility in node requirements is not usually present in more established consensus mechanisms.

Читать полностью…

Trading Crypto Guide ™

#US30 UPDATE :

#US30 entered into a consolidation and last week it made a new All Time Highs. Its was still expected to have a drop to 41,600 area or there should be a Daily closing above the range to go for buys and expect a new #ATH too.

Читать полностью…

Trading Crypto Guide ™

#ETH ANALYSIS :

#ETH dropped more than the expected as overall market got an impact. Price currently, slide below the support and closing to, with that price trying to give a close above too, which might turn it into a fakeout.

Читать полностью…

Trading Crypto Guide ™

#DXY UPDATE :

#DXY had a sharp jump due to conflict and signs of war and had a Bullish Engulfing candlestick pattern in the Weekly TF. Price on Daily TF, tapped into a resistance now and index might hodl for a while next week, before going any more up. Overall, market will me impacted towards down in this case.

Читать полностью…

Trading Crypto Guide ™

Here's the Analysis of #NEAR :

#NEAR is been bouncing off from the major support zone of $4.30 -$4.50 and also with a confluence with the trendline. Price looks good enough to move up from here and with a potential range of 25%.

Читать полностью…

Trading Crypto Guide ™

To compare the impact of ETFs on Bitcoin and Ethereum markets, we've normalized ETF netflow volume against corresponding spot volumes. This ratio reveals the relative weight of ETFs in each market. The analysis shows that Ethereum ETFs influence about ±1% of spot volume, while Bitcoin ETFs affect ±8%. Despite normalization, this indicates that appetite for Bitcoin ETFs remains significantly higher than for Ethereum ETFs, roughly an order of magnitude larger. This disparity suggests a considerably stronger market presence and investor interest in Bitcoin ETFs compared to their Ethereum counterparts.

Читать полностью…

Trading Crypto Guide ™

#BITCOIN DAILY TF UPDATE :

#BITCOIN on Daily TF, did attempted the move but retraced back to the support zone to the and retracted too. Expected the whole move up from here for next week.

Читать полностью…

Trading Crypto Guide ™

Here's the Analysis of APLINE :

#ALPINE is been moving within a strong consolidation and forming a range between the major support zone and resistance zone of $1.03 - $1.09 and $1.46 - $1.52 respectively. All eyes on breakout and retest for buys.

Читать полностью…

Trading Crypto Guide ™

Demand for the more recent Ethereum ETFs has been relatively tepid, experiencing a net negative outflow. This is driven primarily by redemptions from the Grayscale ETHE product, which has not been counterbalanced by sufficient inflow demand across the other instruments.

On aggregate, the Ethereum ETFs have experienced a total outflow of $-13.1M. This highlights a disparity in the magnitude of demand between BTC and ETH, at least within the context of current market conditions.

Читать полностью…

Trading Crypto Guide ™

#BTC still fails to see some sort of consolidation over the major support zone and we have #NFP news event today. Price is expected to drop lower towards the support zone and move up.

Читать полностью…

Trading Crypto Guide ™

The launch of Ethereum ETFs in August, following January's Bitcoin ETFs, marks a pivotal moment for cryptocurrency accessibility in US traditional markets. However, Bitcoin ETF flows have softened since August 2024, currently showing weekly outflows of $107 million. This trend suggests a changing dynamic in investor interest or market conditions for Bitcoin ETFs since their introduction.

Читать полностью…
Subscribe to a channel