Technical CRYPTO Analyst

South Korea 🇰🇷 to enforce tougher #crypto law with potential life sentence. South Korea announced Wednesday that crypto criminals committing illicit market acts could face life imprisonment.

The price of #CTK is in a Bearish wedge pattern and after reacting to the dynamic resistance, it started to decrease and this decrease can will continue until reaching the dynamic support.

#UNI price has broken the downtrend line and tested it again, according to the overall market trend; It is possible that the price will drop to the support level of $5.550 - $5.800

#Bitcoin spot #ETF cumulative trading volume exceeds $30 billion

Significant Cryptocurrency Unlock Events Scheduled for February February's Token Unlock Calendar 📅: - $CYBER: 2.35 million tokens valued at $17 million - $ACE: 2.34 million tokens valued at $20 million - $ALPINE: 7.36 million tokens valued at $15 million - $FIDA: 26.6 million tokens valued at $7 million In total, 38.7 million tokens will be released, with a combined value of $59 million.

The price of #DYDX is completing the Bullish triangle pattern, when it can break out of the triangle and break the dynamic resistance, it can grow to the price of $5.

#DOGE The price has broken the downward trend line and tested it again. Now the price is between the support of $0.07500 - $0.07600 and the resistance of $0.08650 - $0.08800.

#Crypto Assets To Be Seized By Spanish🇪🇸 Treasury In New Tax Reform. According to local reports, the Spanish Ministry of Finance is looking to implement a new tax reform to expand its control over the monitoring of #cryptocurrencies and the digital assets sector.

#OPUSDT analysis- OP is forming ascending triangle pattern, if it gives breakout then it has potential to move up as shown in the chart. ENTRY- between 3.3-3.310 SL- 2.915 TARGET 1- 3.627 TARGET 2- 4.117

🇺🇸 U.S. Treasury Secretary Janet Yellen is set to address the House Financial Services Committee, where she will emphasize the risks associated with #cryptocurrency platforms and #stablecoins. 

#NEONUSDT analysis- After giving first breakout and retest and price goes into accumulation and formed based i.e. support before giving breakout. After giving second breakout, price increased more than 300% from the second breakout level. Price already taken support i.e. called FTB (first time back) which is shown in the chart. 1-If the price gives breakout above the swing high zone which is mark as red line and shown in the figure then we can initiate the buy entry. It can potentially move up more than 185% from the breakout level. 2- If price comes again to the support zone then we can initiate the entry around the support zone. ENTRY 1-1.3826-1.3830 ENTRY 2- 0.9500-0.9550 SL- Below support zone i.e. around 0.6900-0.6999 TARGET- around all-time high i.e. around 3.98

#MINA / USDT - Short Leverage : 5X Entry : 1.175 Stop limit Targets : 1.1230 - 1.0430 -0.9400 $ Stop Loss : 1.2350 $ Exchange : #Binance

The price of #OPTIMISM is still above the support of $2.920 - $2.820 . It seems that the price reduction will continue and the price will decrease to $2.270 .

#API3 The price has reacted to the resistance level of $3.500 - $3.300 for the third time and if it fails to break it, it will probably decrease again to the dynamic support.

The price of #Bitcoin is in a very bullish channel in the daily time frame, and considering that it could not break the $50,000 level, there is a possibility of a price decrease to $38,000.

February tends to be a favorable month for #Bitcoin, showing a notable seasonal pattern with positive returns in 7 out of the last 10 years and averaging at +8%.

#Solana Mobile to airdrop exclusive NFT to pre-order customers. #Solana Mobile announced that everyone who preorders the new Chapter 2 web3 phone will receive a non-transferrable Element #NFT

After accounting for the $6 billion that was recovered, the net amount of cryptocurrency lost or "Rekt" since 2011 stands at approximately $73.24 billion.

#Optimism bridge TVL exceeds 700,000 #ETH. According to the latest data from Dune, the #Ethereum Layer 2 solution Optimism has bridged a TVL of over 700,059 ETH and has surpassed 341,000 total user addresses.

#BAKE price has reached the support level of $0.2720 - $0.3100 in the 4-hour TF , and if this level is broken, the next support is $0.1750 - $0.1630.