Technical CRYPTO Analyst

#Blur is leading the race with between 4 or 5 trades per user on a daily base, while OpenSea sees on average of two daily trades per user

#Mastercard and #Visa set crypto plans on hold amid market decline.

#OKX issued an announcement saying that the #CELT token project manipulated the market, and finally returned 1.3 million #USDT after communication. #OKX will deduct 2.01 million #USDT from five suspicious project accounts, and donate 1 million #USDT at the same time, and #airdrop it to the damaged users.

#CKB has a good dynamic support, if it is maintained, the price will reach the resistance of $0.00780-0.00830.

After reaching the ceiling of the channel, the #RVN price could not cross it, and the price decreased at the same time as the market fell. The price decrease will probably continue until reaching the support of 0.0270 - 0.0265 $.

#LINK - Long Leverage : 5X Entry : 7.360$ Targets : 7.680 - 8.150 $ Stop Loss : 7.090 $ Exchange : #Binance

#Educational Triple Bottom A triple bottom pattern shows 3 different small lows at around the similar amount. The triple bottom is regarded to be a difference of the head and shoulders bottom. Like that pattern, the triple bottom is a reversal pattern. The only option which distinguishes a triple bottom from a head and shoulders bottom is the lack of a “head” between the two shoulders. The triple bottom shows a downtrend in the procedure of becoming an uptrend. It is, therefore, vital to the validity of the pattern that it commence with prices moving in a downtrend.

#Bitcoin Hash Rate hits a new ATH

After the good news of #AUDIO , the price had a great growth and now it should be corrected a bit. When it can break the dynamic resistance, it will continue to grow up to the channel ceiling again.

The #OP price reached the ceiling of the ascending channel and could not cross it and started to decrease, and it is likely that it will decrease to the price of $2.6, that is, to the bottom of the channel.

Top 7 Upcoming Token Unlocks In March #HBAR #APE #BIT #APT #DYDX #IMX #ACA

#Educational What is Divergence ? #Divergence is when the price of an asset is moving in the opposite direction of a technical indicator, such as an oscillator, or is moving contrary to other data. Divergence warns that the current price trend may be weakening, and in some cases may lead to the price changing direction.

#Bitcoin’s dominance has been on the rise recently. One of the factors that might be helping its rebound in this cycle is the regulatory environment and the clarity US investors have around Bitcoin as a commodity

#LDO has reached the ceiling of the ascending channel for a long time, but could not cross it. A negative divergence is also observed and there is a possibility of the price falling to the bottom of the channel.

#Binance will list the #CKB in the #Futures on February 28.

#KNC , After hitting the trend line, it failed to cross it and declined. It is expected to decline to the $0.720-0.740 support due to the strong bearish candles being registered, if it can break the dynamic support.

#Polygon's ZkEvm is More impactful and bigger event than #ETH's shanghai Upgrade. Mainnet : 27th March

#Educational : Rounding bottom A rounding bottom is a chart pattern used in technical analysis and is identified by a series of price movements that graphically form the shape of a "U". Rounding bottoms are found at the end of extended downward trends . This pattern's time frame can vary from several weeks to several months and is deemed by many traders as a rare occurrence. Ideally, volume and price will move in tandem. The transfer to an upward trend occurs when buyers enter the market at a low price, which increases demand . Once the rounding bottom is complete, the price breaks out and will continue in its new upward trend. The rounding bottom chart pattern is an indication of a positive market reversal, meaning investor expectations and momentum are gradually shifting from bearish to bullish.

#Stablecoins are still a small fraction relative to cash in circulation, especially in Europe. The end of #BUSD could be an opportunity for EUR-pegged stablecoins which have had trouble taking off