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Trading Crypto Guide ™
#US30 UPDATE : #US30 moved perfectly with the drawn up chart and getting rejected too. Now, index reached a market structure point within the internal structure, so expected a continuation in drop here, by which support will be broken.
Despite the historical confluence between strong market momentum, and an expansion of active addresses and transaction counts per day, a deviation in this trend is underway.
The present monthly average transaction count resides at 617k/day, which is 31% above the yearly average, and signifies a relatively high demand for Bitcoin blockspace.
The present monthly average transaction count resides at 617k/day, which is 31% above the yearly average, and signifies a relatively high demand for Bitcoin blockspace.
Trading Crypto Guide ™
#ADA ANALYSIS : #ADA kept on hodling the Major Support Zone of $0.41 - $0.42, and we can see price is just consolidating in range itself. We can again anticipate the rejection from the support which could be a potential buys opportunity of us.
#ADA tried to hodl the support but failed and given a close below candle. Price got a retest and dumped hard with the market conditions. It a clean shorting opportunity and currently price reached near the support area around $0.35 and could be the next potential area.
Trading Crypto Guide ™
#BTC haven't moved anywhere, just damaged the altcoins by sharply moving back and forth with that, price is stuck in between though. Expecting some sort of breakout by wednesday at NY,due to news, else this whole weekend will also go in consolidation, so you…
#BTC kept on getting lower lows and lows high and broken the support on H4 TF. On Daily TF its clean rejection and now a reversal is expected, to be bullish we need to see a break of trendline and resistance area, which is nearly $67,500.
Trading Crypto Guide ™
#TOTAL2 MARKET CAP : #TOTAL2 is retracing back to the a key flip area of $1.03T - $1.04T, Index now reacting over the support but need to watch-out the zone, it will decide the next altcoin rally. Closing below will lead in a good drop is altcoins, so trade…
The decline in Bitcoin address activity seems to be primarily caused by a reduction in the usage of Inscriptions and Ordinals. It's worth noting that many wallets and protocols in this sector reuse addresses, which are not counted multiple times if an address is active more than once in a day. So, if a single address generates ten transactions in a day, it would be counted as one active address, but with ten transactions.
Trading Crypto Guide ™
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Trading Crypto Guide ™
#BTC kept on getting lower lows and lows high and broken the support on H4 TF. On Daily TF its clean rejection and now a reversal is expected, to be bullish we need to see a break of trendline and resistance area, which is nearly $67,500.
#BTC trying to turn the market structure and broken internally, Still, its below the inside the zone moving internally. Hopefully this could lead to a reversal and broke structure too.
Trading Crypto Guide ™
Here's the Analysis of #CHZ : #CHZ is going lower lows with the market conditions reached on the Strong Support Zone of $0.098 - $0.102. Price look strongly bearish, so this will be the aggressive buy area. The safer option will be wait for the breakouts…
#CHZ gave a break to the down and dropped around 25.5% in favor break the lower support (grey box) too. Price entered a small consolidation, and a break will take lead in the short-term move in the market.
Updated: Binance Will Support the Fetch .ai (FET), Ocean Protocol (OCEAN) and SingularityNET (AGIX) Token Merge
https://www.binance.com/en/support/announcement/e485541c370240adba3929fded74f269
https://www.binance.com/en/support/announcement/e485541c370240adba3929fded74f269
Trading Crypto Guide ™
Updated: Binance Will Support the Fetch .ai (FET), Ocean Protocol (OCEAN) and SingularityNET (AGIX) Token Merge https://www.binance.com/en/support/announcement/e485541c370240adba3929fded74f269
LayerZero (ZRO) Listing Will Be Postponed
https://www.binance.com/en/support/announcement/86d3d85e975b4eba802ed65951d69dbdLayerZero
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Binance
LayerZero (ZRO) Listing Will Be Postponed | Binance Support
Fellow Binancians, The trading start time for LayerZero (ZRO) originally set at 2024-06-20 12:00 (UTC), will be postponed to 2024-06-20 13:00 (UTC) .For More Information: Binance Will List LayerZer...
What Is a Secondary Market?
A secondary market is a place where investors or traders can buy and sell different kinds of assets or securities that they own, with others. In the traditional finance sector, this is usually a place where retail investors trade financial instruments like stocks, bonds, options, and futures.
But the role of the secondary market is to provide access for the average investor financial instruments, which they would otherwise not be able to obtain from the primary market, because a primary market in traditional financial environments is usually reserved for “qualified” investors and large institutions. A secondary market can be compared to a retail store like Walmart, where anyone can shop; meanwhile, the primary market is for suppliers, where wholesalers buy in large quantities.
With cryptocurrencies, the same principle applies. The only difference is that currently the primary market equivalent is largely based on token sale platforms. The restriction here is not the number of tokens, but rather the buyer’s qualifications and appetite for risk. In other words: With crypto, the primary buyers are usually those who can afford to risk their money on a new project, or have heard of it first and manage to grab tokens. The secondary crypto/token market is the place where all the others can then buy tokens after the initial token sale is over.
A secondary market is a place where investors or traders can buy and sell different kinds of assets or securities that they own, with others. In the traditional finance sector, this is usually a place where retail investors trade financial instruments like stocks, bonds, options, and futures.
But the role of the secondary market is to provide access for the average investor financial instruments, which they would otherwise not be able to obtain from the primary market, because a primary market in traditional financial environments is usually reserved for “qualified” investors and large institutions. A secondary market can be compared to a retail store like Walmart, where anyone can shop; meanwhile, the primary market is for suppliers, where wholesalers buy in large quantities.
With cryptocurrencies, the same principle applies. The only difference is that currently the primary market equivalent is largely based on token sale platforms. The restriction here is not the number of tokens, but rather the buyer’s qualifications and appetite for risk. In other words: With crypto, the primary buyers are usually those who can afford to risk their money on a new project, or have heard of it first and manage to grab tokens. The secondary crypto/token market is the place where all the others can then buy tokens after the initial token sale is over.
Trading Crypto Guide ™
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Trading Crypto Guide ™
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Don't miss out—our free trial period is ending soon, and slots are filling up fast! With 46 slots already taken, time is running out. Hurry up to secure your spot!
📈 Unstoppable Gains Regardless of Market Trends 📈
In this volatile crypto market, our members are consistently making money with an outstanding 95% accuracy! 💪✨
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Trading Crypto Guide ™
#BTC trying to turn the market structure and broken internally, Still, its below the inside the zone moving internally. Hopefully this could lead to a reversal and broke structure too.
#BTC again gave the structure break to the downside and hodling nearby its previous structural support area. Still, sign in bearishness and nothing is clear, so wait for the further price action to develop.
Trading Crypto Guide ™
#BTC.D UPDATE : #BTC.D played well, as per the analysis, with a breakout. Altcoins have a strong correction in the market right now, with that Index reached the recent highs too, again short-term correction will come, so, don't get into the early as it might…