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Bitcoin Options Expire

The bitcoin and ethereum options on Deribit, one of the largest crypto derivatives exchange, expired earlier today. This month saw the largest open interest in...

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Bitcoin Monthly Outflows Reach Historically High Value

bitcoin-monthly-outflows-reach-historically-high-value

On-chain data shows the Bitcoin monthly outflows have recently reached values only seen a few times before in the crypto’s entire history. Bitcoin Exchange Outflows Now Have A Value Of 96.2k BTC Per Month According to the latest weekly report from Glassnode, a historically high amount of BTC has exited all exchange wallets recently. The…

The post Bitcoin Monthly Outflows Reach Historically High Value appeared first on Bitcoin News Miner.

Data Shows Bitcoin Investors Afraid To Take Risk As Leverage Remains Low

data-shows-bitcoin-investors-afraid-to-take-risk-as-leverage-remains-low

On-chain data shows Bitcoin investors have been afraid to take risk recently as the leverage ratio has remained low in the last few days. Bitcoin Leverage Ratio Remains Low In Past Few Days As pointed out by an analyst in a CryptoQuant post, investors haven’t taken much risk since the surge in the crypto’s price…

The post Data Shows Bitcoin Investors Afraid To Take Risk As Leverage Remains Low appeared first on Bitcoin News Miner.

BTC, ETH, BNB, XRP, ADA, LUNA, SOL, AVAX, DOT, DOGE

This week Bitcoin (BTC) and choose altcoins broke above their quick resistance ranges and moved increased, which propelled the whole crypto market capitalization above $2 trillion on March 24. One of the triggers that could have driven crypto prices higher was BlackRock CEO Larry Fink’s letter to shareholders the place he mentioned that the Russia-Ukraine […]

The post BTC, ETH, BNB, XRP, ADA, LUNA, SOL, AVAX, DOT, DOGE appeared first on Bitcoin Upload.

BTC, ETH, BNB, XRP, ADA, LUNA, SOL, AVAX, DOT, DOGE

This week Bitcoin (BTC) and choose altcoins broke above their quick resistance ranges and moved increased, which propelled the whole crypto market capitalization above $2 trillion on March 24. One of the triggers that could have driven crypto prices higher was BlackRock CEO Larry Fink’s letter to shareholders the place he mentioned that the Russia-Ukraine […]

The post BTC, ETH, BNB, XRP, ADA, LUNA, SOL, AVAX, DOT, DOGE appeared first on Bitcoin Upload.

Top Crypto Analyst Says Pair of Indicators Are Bullish for Crypto Markets, Examines Bitcoin (BTC) and VeChain (VET)

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A leading crypto analyst says Tether (USDT) dominance and the US dollar index (DXY) are flashing major bullish signs for crypto. In a new tweet, Justin Bennett shows his 99,000 followers a chart depicting the relative market dominance of USDT. Bennett says USDT’s recent drop relative market dominance is bullish for cryptos. “First lower low from USDT.D […]

The post Top Crypto Analyst Says Pair of Indicators Are Bullish for Crypto Markets, Examines Bitcoin (BTC) and VeChain (VET) appeared first on The Daily Hodl.

Algorand: These support levels are a good place to look for buying opportunities

Algorand broke out past the month's highs and tested a zone of supplyDisclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Algorand has posted gains of nearly 20% in the past five days. The charts showed that there was some resistance to be found at $0.93, $1, and $1.1 according to an analysis of higher timeframes. […]
Tag Template - News Hub PRO CoinGenius Hosts Virtual Crypto Event The Road To Mass Adoption

Algorand: These support levels are a good place to look for buying opportunities

Algorand broke out past the month's highs and tested a zone of supplyDisclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Algorand has posted gains of nearly 20% in the past five days. The charts showed that there was some resistance to be found at $0.93, $1, and $1.1 according to an analysis of higher timeframes. […]

Ethereum’s Price Broke Through $3K, Analysts Warn Of Needed Retest

Ethereum’s price broke through $3K with analysts warning that a retest of the level is needed and further upside is warranted so let’s read further in today’s latest Ethereum news. The crypto market continues to forge ahead despite facing headwinds on a few fronts. At the moment, the global conflicts and the rising inflation are […]

Ethereum’s Price Broke Through $3K, Analysts Warn Of Needed Retest

Ethereum’s price broke through $3K with analysts warning that a retest of the level is needed and further upside is warranted so let’s read further in today’s latest Ethereum news. The crypto market continues to forge ahead despite facing headwinds on a few fronts. At the moment, the global conflicts and the rising inflation are […]

How to Read the Crypto Chart?

How-to-Read-the-Crypto-Chart

Trading cryptocurrencies and turning your Bitcoins into money requires the ability to read crypto charts. For making good crypto trades you need to know Dow Theory and Japanese candlestick charts. Every historical price, volume, and time interval is available in cryptography. A chart is used to observe investment opportunities in a digital currency based on its past price movements. By reading cryptocurrency charts, investors can identify market trends and predict the future price movements of an asset. Cryptocurrency Chart Patterns Only a few chart patterns have stood the test of time. There is no “proven” chart pattern that works better than another, unlike less subjective analytical tools. Following are the chart patterns available. Price Channels  Create a series of highs and lows by creating two ascending or descending parallel lines. Prices tend to bounce between these levels of support (lower) and resistance (higher). While most traders buy lower and sell higher, breakouts and breakdowns can be influential. Ascending & Descending Triangle  One horizontal line connects highs or lows, and a second sloped line connects rising highs or falling lows. In a right triangle, the price tends to break out or break down from the horizontal line in the direction of the sloped line. Head & Shoulders  The Head and Shoulders chart pattern is characterized by a temporary high or low, followed by a big move higher or lower, followed by an equal move higher or lower. It looks like a head with two shoulders that are either upside down (bullish) or right-side-up (bearish). Triple & Double Top & Bottom  It is called a triple or double top and bottom chart pattern when the market bounces off the same resistance or support level two or three times in a row. Bullish signals are considered double bottoms, while bearish signals are considered double tops. Double and triple patterns both indicate that prices are about to reverse directions. Rising Wedge & Falling Wedge  The slopes of the upper and lower lines of rising and falling wedges are the same (although they still converge). Rising and falling wedges are reversal patterns unlike ascending and descending triangles. Rising wedges are bearish while falling wedges are bullish. Candlestick Chart In cryptocurrency candlestick charts, time is shown on the horizontal axis, while private data is shown on the vertical axis. It’s important to note that candlesticks show whether the price movement of a market was positive or negative, and to what degree. Candlesticks consist of a body and wicks. The body of each candlestick represents the opening and closing prices, while the top wick represents how high or low the price of a cryptocurrency was during that period. Candlesticks provide users with a great deal of information through their simple structure. Candlestick patterns, for example, can be used to identify potential trend reversals. The bullish and bearish candlestick patterns should be recognized by cryptocurrency traders. Technical Analysis Statistical analysis refers to the study of trends gathered over time to determine how supply and demand affect a particular asset’s future price. Crypto market charts can help investors make informed decisions by letting them know when bullish and bearish movements will end. Bulls, the buyers of an asset, push the price up through bullish movements. It is the downward price movement caused by sellers or the bears. By analyzing price trends and patterns on charts, traders can find trading opportunities. Although crypto charts help monitor market movements, there are some caveats. To better understand technical analysis, one must be aware of the Dow Theory. Here are some key ideas: At the time of pricing, the market considers everything. Existing, prior, and upcoming details have already been accounted for in current asset prices. The crypto market is impacted by a number of variables, including current, past, and future demands and any regulations that may impact the market. Prices do not move at random. Most people follow trends, whether they are long-term or short-term. Analysts focus on the price of a coin rather than every single variable that influences its value.   Dow Theory rests on six fundamental tenets: Markets move in three directions A market’s primary movement is called its primary movement. Market trends can last anywhere from a year to several years. They can be bullish or bearish. Medium swings refer to the second or intermediate movement of a market. A medium time frame is between ten days and three months. A medium swing is based on the primary price change.  A short swing is a minor movement of the market. It is short-term speculation. Market trends have three phases During the accumulation phase, investors buy and sell the coin against the general perception of the market. In the public participation phase, also known as the absorption phase, the rest of the market follows knowledgeable investors. After the absorption … Continued

The post How to Read the Crypto Chart? appeared first on Cryptoknowmics-Crypto News and Media Platform.

Waves Price Prediction — Will WAVES Hit $40 Soon?

Waves Price Prediction — Will WAVES Hit $40 Soon?

Bullish WAVES price prediction is $31.57 to $36.18. The WAVES price will also reach $40 soon. WAVES bearish market price

The post has appeared first on thenewscrypto.com

Waves Price Prediction — Will WAVES Hit $40 Soon?

Waves Price Prediction — Will WAVES Hit $40 Soon?

Bullish WAVES price prediction is $31.57 to $36.18. The WAVES price will also reach $40 soon. WAVES bearish market price

The post has appeared first on thenewscrypto.com

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