[MEXC Kickstarter] Win Free 40,000 USDT & 208,333 DLANCE Airdrops by Voting Now!

Dear MEXC Users,

📣[Initial Listing] MEXC Kickstarter - Vote DeeLance (DLANCE) to Win Free 40,000 USDT & 208,333 DLANCE Airdrops!

⏰Voting Period: 2023-08-07 09:00 to 2023-08-08 08:50 (UTC)

👇🏻Registration Eligibility:
Hold at least 1,000 MX or more for 15 consecutive days before 2023-08-06 16:00 (UTC)

tamilbtc.com/mexc

SKL analysis:

Price is trading in an uptrend and respecting the support and resistance level. The support is $0.0258-$0.0262 area and possible zone for new long positions. The resistance is $0.029-$0.030 area and a break above $0.030 level is extremely bullish.

Despite BTC surging by 75%, trade volume continued to fall in 2023 with nearly all exchanges registering double-digit declines in July relative to the year before.

Unbelievable Crypto Rollercoaster Ride!

#YGG skyrocketed a staggering 765% in just 58 days!
But wait,
brace yourself for the wild side of crypto!

In a jaw-dropping twist, it experienced a sharp -67% dump in just 4 hours.

Crypto never fails to surprise us! 😂

CME's Bitcoin futures market in July saw a volume of $55.78 billion, the highest level since January 2022

Digital asset investment products saw outflows this week, totaling $107m with profit taking gathering pace in recent weeks. Bitcoin was again the primary focus, seeing outflows totaling $111m, the largest weekly outflows since March.

💰 Litecoin's hashrate is currently at an all-time high

Huge Unlocking Event in August:

Over $425M worth of tokens were unleashed, including $APT $IMX $SAND $APE $INJ $LDO $AVAX $DYDX $OP and more, totaling a whopping $10M+

Not only that, but 12.22M $YGG tokens ($5.72M) and 15.15M $ID tokens ($3.75M) also saw the light of day.

Bearish Rectangle Top

🔅The bearish rectangle top pattern functions as a reversal pattern when it occurs in a uptrend and the breakout happens to the downside.

🔅The price rise in a strong uptrend and then starts to consolidate between support and resistance levels.

🔅The consolidation marks a period of equilibrium when neither buyers nor sellers are stronger than the other party.

🔅This up-down struggle continues for a while and the pattern begins to exhibit the shape of a rectangle.

🔅In the case of a Bearish rectangle top chart pattern, the stop loss should be placed at the previous high of the pattern.

🔅The limitation for the target will be the previous support level which was formed before by the price action.

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Live Discussion Vdeo aout #P2P & Modi's Plan


https://www.youtube.com/live/mBziVVqwQKg?feature=share

[MEXC Launchpad Airdrop] Register Now for The Epiko Launchpad

📣[Airdrop] MEXC Will Launch the Launchpad with The Epiko (EPIKO)

⏰Registration Period: 2023-08-08 10:00 - 2023-08-13 10:00 (UTC)

👇🏻Registration Eligibility:
Hold at least 1,000 MX or more for 30 consecutive days before 2023-08-07 16:00 (UTC)

tamilbtc.com/mexc

DXY analysis:

Dollar Index (DXY) is trading in a downtrend channel. The price is now near the resistance line and we expect a rejection from there. The support is 100.50-100.68 area and if DXY drops to this level then we see a good move in Bitcoin and other markets. If DXY breaks above the 102.50-102.65 area then we see a downtrend in BTC and all global markets.