Technical CRYPTO Analyst

#BTC mining difficulty just set new ATH again! On-chain metrics push #Bitcoin hard!

#TRB The bullish candles are weakening and there is a possibility of a strong decline, however, do not enter the short position before breaking the dynamic support.

#OCEAN The price is near the resistance. A dynamic support is also supporting the price. When the dynamic support is broken, the next targets for the price are up to the specified supports.

#Elon Musk Reaffirms Offer to Eat Happy Meal on TV if #McDonald's Accepts #Dogecoin #Tesla and Twitter CEO Elon Musk has reaffirmed his commitment to eat a McDonald’s Happy Meal on TV if the fast food chain accepts the meme cryptocurrency dogecoin (#DOGE). Musk originally made the offer a year ago but McDonald’s responded with a counteroffer at the time.

#Educational Double bottom A double bottom chart pattern indicates a period of selling, causing an asset’s price to drop below a level of support. It will then rise to a level of resistance, before dropping again. Finally, the trend will reverse and begin an upward motion as the market becomes more bullish. A double bottom is a bullish reversal pattern, because it signifies the end of a downtrend and a shift towards an uptrend.

#Binance Burns over 16 Million $BNB Tokens

#Educational : DoubleTop A double top is chart pattern that traders use to highlight trend reversals. Typically, an asset’s price will experience a peak, before retracing back to a level of support. It will then climb up once more before reversing back more permanently against the prevailing trend.

#ADA moves near the trend line. Negative divergence is also observed. But do not enter the short position until the trend line is broken. It can probably grow up to the resistance specified.

#APT printed a fresh #ATH (All-time High) a day before yesterday. Currently, price forming a Falling Wedge Pattern and breakout is pending yet. A break below will be perfect shorts till support around $14.3000 - $14.5000

Increasing energy costs, declining hashprice, and capital market tightening made 2022 a perfect storm for #Bitcoin miners

#VRA has broken the downward trendline And now it is facing a resistance zone. If the resistance is broken, the next price target is $0.045. If the resistance is not broken, we expect another decline until the next support.

#TRX big news

Coinbase stock surged 90% in January The value of Coinbase’s stock (COIN) rose nearly 90% over the past month. As of Jan. 27, 2023, COIN’s market value was $61.47. That represents an 88.27% price increase from Dec. 27, 2022, when the asset was valued at $32.65. As such, it represents an approximate three-month high. Coinbase’s recent performance is likely due to its strong and lasting reputation within the crypto industry. The company has been in operation since 2012 and regularly publishes reports.on its finances. As such, Coinbase has managed to maintain a certain amount of trust, even amidst the collapse of FTX and various other companies. Coinbase also settled with the NYDFS this month for $100 million, half of which the company will spend on compliance improvements. Though the case against Coinbase is not good news in and of itself.

#MDX 0.100 $ - 0.105 $ resistance is in front of it. It also has dynamic support which, if held, can reach $0.200 after breaking the resistance.

Monthly #Bitcoin bull rallies of around 39% or greater have only occurred 10 times since 2014. On average, these rallies have seen continued positive forward performance over the next year.

#ATOM is kinda forming the the triangle pattern and overall market is ranging a bit. We marked the clear area for potential entries. Take the risk accordingly and targets will be the nearby zones.

#CHR took a very sharp rejection over the resistance level from daily TF around 0.168 - $ 0.170. Closing is still pending and a close below will give a potential setups for shorts on 4H confirmation. Alternatively, price start breaking above zone again, will open the gates for next resistance around $0.184 - $0.187.

#1000SHIB / USDT - Long Leverage : 7X Entry : 0.011956 Stop limit Targets : 0.0121 - 0.0123 - 0.0126 $ Stop Loss : 0.0118 $ Exchange : #Binance

Tesla's Q4 Balance Sheet Shows Bitcoin Holdings Worth $184 Million Tesla’s latest balance sheet shows the company’s bitcoin holdings worth $184 million. Tesla did not sell any digital assets in the fourth quarter of 2022 despite the crypto winter and contagion in the crypto ecosystem.