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Tamilnadu Crypto News
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Bitget New Listing on Feb 14th!

👉11 AM (UTC): VELA/USDT
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#Dogecoin is facing a support range of $0.079 - $0.081. If the support holds, the rally is likely to continue up to $ 0.098, and if the support is broken, the next support is the $ 0.068 price zone.

bitmart.tech
#FTM

An ascending harmonic pattern is observed on the chart and the price will probably grow to the resistance of $0.600-0.612.

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#Ethereum has broken the $1,500-1,520 support zone, but the break was not too strong and there is a possibility of a price reversal if the dynamic resistance is crossed. The next support is $1400.

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#Bitcoin started ranging just above the major support level . Price looks too much corrective while going down. Still, eyes on $21,070 - $21,300. Anticipating a reversal from there and in case of break, bearish trend might continue.

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#VRA with support, it faces $0.0078 - $0.0085. and has reached the bottom of the channel. If the support is broken, there is a possibility of a decline to $0.0054. Negative divergence is also observed.

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#Binance has endured some $831 million of net outflows in the past 24 hours, Nansen data shows
#Tether nears 50% of stablecoin market, highest in 14 months
#Solana

It has formed a bearish channel and is at the support of $20.00-20.50. The continuation of negative news in the market will cause the support to fail and the price will reach 18$ .

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Educational Post

Exponential moving average (EMA)

EMA is another form of moving average. Unlike the SMA, it places a greater weight on recent data points, making data more responsive to new information. When used with other indicators, EMAs can help traders confirm significant market moves and gauge their legitimacy.

The most popular exponential moving averages are 12- and 26-day EMAs for short-term averages, whereas the 50- and 200-day EMAs are used as long-term trend indicators.
#FLOW_USDT:

#FLOW Consolidating inside a zone. Wait for breakout or break down to confirm Bullish or Bearsish momentum

https://www.tradingview.com/x/Wz4lRNZS/