#BTC/USDT ANALYSIS
BTC is attempting to break out the main horizontal resistance on the weekly timeframe. The Ichimoku cloud and the MA 100 are also acting resistance on the major horizontal resistance. Currently, the price is holding above the ascending trendline support.
A solid breakout of the horizontal resistance would be a bull run confirmation, while a sustained breakdown of the ascending trendline would be a sign of correction in the market.
BTC is attempting to break out the main horizontal resistance on the weekly timeframe. The Ichimoku cloud and the MA 100 are also acting resistance on the major horizontal resistance. Currently, the price is holding above the ascending trendline support.
A solid breakout of the horizontal resistance would be a bull run confirmation, while a sustained breakdown of the ascending trendline would be a sign of correction in the market.
Binance Labs has invested $10M in Helio Protocol
👉 binance.com/en/blog/ecosystem/binance-labs-commits-$10-million-to-helio-protocol-to-advance-the-lsdfi-revolution-3457570284541750043
👉 binance.com/en/blog/ecosystem/binance-labs-commits-$10-million-to-helio-protocol-to-advance-the-lsdfi-revolution-3457570284541750043
Top 10 Ethereum ecosystem coins by Total Value Locked
👉 defillama.com/chain/Ethereum
👉 defillama.com/chain/Ethereum
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📣 Gate.io New Listing: r/FortniteBR Bricks (BRICK)
🔸 Trading Pair: #BRICK / #USDT
🔸 Trading Starts: 04:00 AM, Aug 12 (UTC)
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🔸 Trading Pair: #BRICK / #USDT
🔸 Trading Starts: 04:00 AM, Aug 12 (UTC)
📈 Trade $BRICK Here: tamilbtc.com/gate
Centralized Entities With the Largest ETH Balance
Centralised exchanges have seen ETH outflows since April 2023, but they still store large amounts of Ethereum. Discover the most popular entities for storing ETH.
👉 https://cryptorank.io/price/ethereum
Centralised exchanges have seen ETH outflows since April 2023, but they still store large amounts of Ethereum. Discover the most popular entities for storing ETH.
👉 https://cryptorank.io/price/ethereum
NFT MARKET WEEKLY OVERVIEW
Within the last week, the following changes on the NFT market occurred:
🔹 Total NFT Market Cap increased by $300M up to $11.6B
🔹 Yield Guild Games $YGG increased its price by 33.4% and got 1st place in the Top NFT Coin Price Gainers
🔹 The most expensive NFT sale was CLONE X #9418 (Clone X) with a deal price of $360K.
Within the last week, the following changes on the NFT market occurred:
🔹 Total NFT Market Cap increased by $300M up to $11.6B
🔹 Yield Guild Games $YGG increased its price by 33.4% and got 1st place in the Top NFT Coin Price Gainers
🔹 The most expensive NFT sale was CLONE X #9418 (Clone X) with a deal price of $360K.
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Trade $FLOKI, the People's Cryptocurrency, on #KuCoin, the People's Exchange
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📍#Bitcoin Update (Continue)
🔺Bitcoin shows a descending triangle on the 1-hour chart, a bearish pattern.
🔺Price hit the upper triangle trendline.
🔺Possibility of resistance, leading to a potential price decline.
🔺Decline may trigger a breakdown of the triangle pattern.
🔺Key support at around $28,800.
- - - - - - - - - - - - - - - - - -
📍 Pin Our Channel On Top For More Free Trading Calls
🔺Bitcoin shows a descending triangle on the 1-hour chart, a bearish pattern.
🔺Price hit the upper triangle trendline.
🔺Possibility of resistance, leading to a potential price decline.
🔺Decline may trigger a breakdown of the triangle pattern.
🔺Key support at around $28,800.
- - - - - - - - - - - - - - - - - -
📍 Pin Our Channel On Top For More Free Trading Calls
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Also share your profile link so we can follow each other and increase our ranking.
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