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Trading Crypto Guide
#ETH just rejected strongly, and made a drop lower below the support. Currently, price retesting the area as resistance as this dump was due to Grayscale sold off the #ETH. Nothing looks good here, wait for the Daily candle closure over the zone or a rejection.
#ETH made a very sharp decline and dropped towards the strong support zone of nearby $2180 and strongly rejecting. Still a bearish context, but this can be a dead cat bounce. If you bought the retracement then make sure to put the stops too.
Trading Crypto Guide
Market might bottomed in and we can see 30-40% jumps in large cap alts and mid-cap too.
we can see some alts gave 20% to 30% jump from the bottom as anticipated. 🚀🚀🚀
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How to Trade Crypto Responsibly

Trading responsibly should be your top priority when buying or selling crypto. Much of trading responsibly comes from proper planning. Creating a trading plan can help keep you accountable for your actions later on.

No matter how much you’re trading, it’s best practice to make sure you’re doing so responsibly. With simple tips and methods, you can reduce unnecessary risks and make sure you’re only trading what you can afford to lose.

1. Create a trading plan
-> The best way to not let your emotions interfere with your trading is to create a plan and stick to it. This way, sudden gains, losses, rumors, or FUD can’t disrupt your decision-making

2. Use stop-limit orders
-> You can easily use stop-limit orders on Binance for greater control over your trading. You can’t always be at a screen 24/7, and with crypto being so volatile, you can be left with unexpected losses.

3. Diversify your portfolio
-> You should cover portfolio diversification to reduce your risk. Holding just one or two assets in your portfolio tends to be riskier. As such, you can diversify your holdings by investing in different assets across multiple asset classes.
Choose a Coin For Analysis
Anonymous Poll
64%
AUDIO
8%
BIFI
14%
PSG
7%
PROS
7%
GNS
Trading Crypto Guide
Choose a Coin For Analysis
Here's the Analysis of #AUDIO :

#AUDIO is been going though the downtrend and nearly reached the major support area of $0.077 - $0.089. Market looks healthy enough, which can push the price to the upside now. Its good to have a buys and buy more on dip at support.
Trading Crypto Guide
#Bitcoin reacted strongly from the demand zone and might be strongly reversal can happen now, We can already see some strongly moved in the market, be with the trend.
#bitcoin slowly getting over towards the resistance area and expected to reach there. Till now, price still moving within the range and expected a rejection.
🚀 Countdown Alert! Less than 4 hours until $JWIF Launches on BingX! 🌐

$JWIF is heavily undervalued and we’ve seen a lot of accumulation from whales in last 2-3days. Jump in now as we’re expecting massive pump from $JWIF upon BingX listing today🚀✌️

Check out the full information on BingX official announcement :
https://bingx.com/en/support/articles/35807009874457/

☑️ Currently available on MEXC & PancakeSwap DEX

☑️ Tier1 listing and Partnership with binance listed meme project in pipeline :
https://x.com/jerrywifcoin/status/1819055086230032483?s=46

☑️ MEXC buy link:
https://www.mexc.com/exchange/JWIF_USDT

☑️ PancakeSwap buy link:
https://pancakeswap.finance/swap?outputCurrency=0xf94E94a6c5001886818DEF76097A0Fd1ED049ba5
Choose a Coin For Analysis
Anonymous Poll
35%
BNX
4%
SSV
36%
LDO
13%
GFT
11%
ORN
Trading Crypto Guide
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Here's the Analysis of #LDO :

#LDO is been selling off from the major resistance area and reached the major support zone around $0.86 - $0.92. Price already reacted from there but market structure is still bearish. Just for the market to shift the direction.
Trading Crypto Guide
#bitcoin slowly getting over towards the resistance area and expected to reach there. Till now, price still moving within the range and expected a rejection.
#BTC trying to move up but resistance area standing strong and kept on rejecting the level. Price again on the verge to enter the zone or break through it. Eyes on breakout only.
Trading Crypto Guide
#GOLD UPDATE : #GOLD perfectly break and close below the support and dropped strongly expected than normal. Price did a retest back to the zone and again rejecting. Expected a potential drop.
#GOLD UPDATE :

#GOLD failed to drop but instead moved to the upside attempted the break it All-time highs but due to last week fundamental news, its created a chaos and #GOLD dumped heavily. currently, price just moving back and forth of the resistance area and expected a drop again to $2360 areas if we get a rejection on Daily TF.
we measure the total liquidation volume during these deleveraging events. The chart below shows that the overall liquidation volume (both long and short) surged above the typical bull market baseline of $200M/day. This demonstrates the role of margin call liquidations in the open interest decline noted in the chart above.
What Is Simple Ledger Protocol (SLP) on Bitcoin Cash?

Simple Ledger Protocol (SLP) is a token system that works on top of Bitcoin Cash. It allows users to create their own tokens to represent anything they can dream of - coupon codes, loyalty points, concert tickets, and more. SLP tokens can be sent and received just like regular BCH, and they can even be spent at places that accept them.

How Does SLP Work?

SLP tokens are created by attaching little bits of information to Bitcoin Cash transactions using something called OP_RETURN. This information allows wallets to keep track of tokens and verify that they are legitimate. SLP tokens benefit from the security of the Bitcoin Cash blockchain, which makes them more secure than other token systems that require their own blockchain.

What Can I Use SLP Tokens for?

SLP tokens can be used for all kinds of creative things. Some examples include:

Loyalty points to reward your best customers

Money in an online game world

Custom tickets for your band's next show

Wallets like Badger make it easy to manage your tokens. As more people start using SLP, we're sure to see more new ideas sprouting up.

Which Wallets Support SLP Tokens?

Most wallets built for Bitcoin Cash now support SLP tokens in some form. Popular choices include Badger, Electron Cash SLP edition and Bitcoin.com wallet. Each one works a little differently, so do some research to find one that suits your needs.

How Do I Create My Own Custom Tokens?

Creating SLP tokens requires some technical knowledge and expertise, but it's easier than some other token systems. Here are the basic steps:

-> Come up with a name and symbol for your token.

-> Generate a new token ID to identify it.

-> Decide how many tokens you want to make.

Mint your tokens and send them out into the world using your wallet.

What Information Is Stored in SLP Tokens?

When you make an SLP token, information like the name, number of decimals and other details get baked right in. This helps wallets know the token is legit and figure out just what it is. The SLP rules say this data has to be formatted a certain way or it won't work right. Having it standardized makes the system run smoother.

Are SLP Tokens Safe from Theft and Such?

While SLP tokens benefit from the security of the Bitcoin Cash blockchain, they are not as secure as Bitcoin Cash itself because they are not the primary focus of the network's security. Developers keep working to improve security, but caution is wise when dealing with new technology like this. As with anything valuable, be smart and protect your tokens.
Choose a Coin For Analysis
Anonymous Poll
35%
HIGH
43%
AI
16%
TFUEL
13%
DAR
19%
ACE
Trading Crypto Guide
Choose a Coin For Analysis
Here's the Analysis of #AI :

#AI is been retest and dropped hard like nothing and still going lower. Price barely have any reference to the left and approaching towards the listing price. So better look for different opportunity.
Trading Crypto Guide
#BTC trying to move up but resistance area standing strong and kept on rejecting the level. Price again on the verge to enter the zone or break through it. Eyes on breakout only.
#BTC Finally gave a break of the resistance area and gave a healthy closing in Daily TF. Now, in H4 TF price looking for a retracement and expected to continue moving higher.
Market turmoil can cause deleveraging in both directions. We focus on bull market corrections, categorizing liquidations as:

🟢 Long-Dominant: >50% long positions liquidated
🔴 Short-Dominant: >50% short positions liquidated

Recent $55k sell-off showed a long liquidation pivot point. Over-leveraged longs were liquidated, sharply reducing open interest on top perpetual futures exchanges
2024/09/28 13:20:59
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