Trading Crypto Guide ™
#ETH retraced all the way up now and trying to break through the resistance area. Once it closes above the $4200 then we can easily see a move till $4,400, taking the old highs and liquidity run too.
#ETH also moving sideways now with the overall market. Price barely moving either way, stuck between the key area of $3530 - $3610 as support and $4111 - $4215 as resistance.
Trading Crypto Guide ™
#BTC dropped till the support zone as mentioned and rejected too. Price now going for a retracement and need to see a close above of $112,000 area. Market is confused at the moment and can float here and there and no confirmations yet.
#BTC failed to close over the $112,000 area and dropped again. Its again near the support area and story will be same, have to see some sort of breakout only or news driving it.
Trading Crypto Guide ™
#US30 UPDATE : #US30 gave a break of the range and had a retest of the previous all time high. Its pushing to new ALL TIME HIGHS again and our previous position running in good profits. Try to scale more at dip in H4 areas.
Blockchain Bridging: Connecting Fragmented Ecosystems
As blockchain space fragments across layer 1s, layer 2s, sidechains, and modular solutions, interoperability has become critical infrastructure with bridging as the chief solution 🔗📊.
What Are Bridges?
Blockchain bridges are protocols outlining mint-and-burn procedures maintaining constant token supply across platforms. When tokens lock on one chain, equivalents mint on another enabling interoperability through this mint-and-burn mechanism 💪⚡️.
Historical Context
Bridges gained popularity during 2017 DeFi Summer with yield farming strategies requiring users to move funds between networks for liquidity provision opportunities across ecosystems 💰📈.
Current Landscape
Ecosystems now dedicate significant efforts developing efficient bridging strategies ensuring rapid liquidity access across networks. Result: increasingly interconnected web3 economy despite underlying fragmentation 🌐✅.
Bridges transformed isolated blockchain islands into connected archipelago, enabling capital flow and strategy execution across previously incompatible protocols 🎯🔄👀
As blockchain space fragments across layer 1s, layer 2s, sidechains, and modular solutions, interoperability has become critical infrastructure with bridging as the chief solution 🔗📊.
What Are Bridges?
Blockchain bridges are protocols outlining mint-and-burn procedures maintaining constant token supply across platforms. When tokens lock on one chain, equivalents mint on another enabling interoperability through this mint-and-burn mechanism 💪⚡️.
Historical Context
Bridges gained popularity during 2017 DeFi Summer with yield farming strategies requiring users to move funds between networks for liquidity provision opportunities across ecosystems 💰📈.
Current Landscape
Ecosystems now dedicate significant efforts developing efficient bridging strategies ensuring rapid liquidity access across networks. Result: increasingly interconnected web3 economy despite underlying fragmentation 🌐✅.
Bridges transformed isolated blockchain islands into connected archipelago, enabling capital flow and strategy execution across previously incompatible protocols 🎯🔄👀
Trading Crypto Guide ™
Choose a Coin For Analysis
Here's the Analysis of #MANTA :
#MANTA trading below the resistance area and following the trend channel pattern. Price can continue lower as overall market is strongly going bearish, so taking short-selling opportunity is good for us. If this pressure continues then we can see listing price in this coin.
#MANTA trading below the resistance area and following the trend channel pattern. Price can continue lower as overall market is strongly going bearish, so taking short-selling opportunity is good for us. If this pressure continues then we can see listing price in this coin.
Trading Crypto Guide ™
#BTC failed to close over the $112,000 area and dropped again. Its again near the support area and story will be same, have to see some sort of breakout only or news driving it.
#BTC had a reaction from the support zone but dropped again deeper inside. Price in Daily TF still holding the support, indicating bulls try hard now. Price gave a break of the trendline too, which can be concerning too. Eyes on further price action until confirmation.
Trading Crypto Guide ™
#GOLD UPDATE : #GOLD gave a clean break of the range and had a candle close below of the zone. Price still drop with some shallow retracement and next support is at $3950 area. It could be a reversal area, need to watch the level and take buy on rejection…
Trading Crypto Guide ™
Choose a Coin For Analysis
Trading Crypto Guide ™
#BTC had a reaction from the support zone but dropped again deeper inside. Price in Daily TF still holding the support, indicating bulls try hard now. Price gave a break of the trendline too, which can be concerning too. Eyes on further price action until…
#BTC dropped hard and reached the $100,000 mark. Price is rejecting at the moment and daily TF is also sustaining over it. Right now nothing for sign of bullishness and got into new range now. Stay away from altcoins and wait for the further actions.
More the $2.1B wiped out of the market as #BTC hits the $100,000 level.
Trading Crypto Guide ™
Choose a Coin For Analysis
Here's the Analysis of #DASH :
#DASH strongly trending lower and low after the solid jump against the market conditions. Market rejected from the major resistance area of $133 - $138 and forming a bull flag pattern. Expecting a more lower move till support zone around $87 and buys or break of the pattern indicate the early buys opportunity.
#DASH strongly trending lower and low after the solid jump against the market conditions. Market rejected from the major resistance area of $133 - $138 and forming a bull flag pattern. Expecting a more lower move till support zone around $87 and buys or break of the pattern indicate the early buys opportunity.
