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Tamilnadu Crypto News
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By @tamil_btc
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BTC Brokedown The Bullish Pennant Pattern, Now BTC Has Its Next Support At $42000 Area.

So Keep An Eye On $42000 Support Area
👀
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[MEXC Kickstarter] Win Free 375,000 NFTC & 20,000 USDT Airdrops by Voting Now!

Dear MEXC Affiliates,

📣[Initial Listing] MEXC Kickstarter - Vote NFT Combining (NFTC) to Win Free 375,000 NFTC & 20,000 USDT Airdrops!

Voting Period: 2023-12-07 10:00 to 2023-12-08 09:50 (UTC)

👇🏻Registration Eligibility:
Hold at least 1,000 MX or more for 15 consecutive days before 2023-12-06 16:00 (UTC)

tamilbtc.com/mexc
#EDUCATIONAL_POST:

 A morning star is a visual pattern consisting of three candlesticks that are interpreted as bullish signs by technical analysts. A morning star forms following a downward trend and it indicates the start of an upward climb. It is a sign of a reversal in the previous price trend.
MBOX analysis:

Price was rejected from the resistance area. You can open long positions if the price reaches the support area.

Support Area: $0.251-$0.266

Resistance Area: $0.335-$0.350
$ALTS - Finally breaking the major resistance.
#EDUCATIONAL_POST:

“Revenge trading” is the emotional act of making a new, riskier trade in the opposite direction to recoup losses from a previous trade.

Avoid falling into this trap and
#TradeLikeAPro with these 5 essential steps 👆
💰 #Ethereum supply hits record low after merger
$BTC holding it's 100 EMA support well
Bitcoin has broken the symmetrical triangle in a downward direction. We might witness a move towards the support area now. It is advisable to have a stop loss for all open positions.
Breaking News:
#GalaxyDigital Deposits 11,200 $ETH to #Binance

In the past hour, #GalaxyDigital made a significant move, depositing 11,200 ETH, equivalent to $24.3M, into Binance.

Wallet Address:
0x15abb66bA754F05cBC0165A64A11cDed1543dE48

Stay tuned for more updates!
🚨C98 / USDT : 4H

🧩ANALYSIS :


• Price is making higher highs and higher lows while respecting 200ema .

• Right now price is consolidating over support zone . Look for long opportunity as price will continue its trend & new highs will be formed .

• 25-30% gain is expected from current price . Stoploss will be placed below 200ema .

Buy : $0.222
Targets : $0.243 & $0.287
SL : $0.197
🌈 From Dec 11 to Dec 17, 51 #Kickstarters & 3 #Launchpads were completed!

💰 Weekly earnings: 78.44 USDT
💰 Estimated monthly earnings: 347.37 USDT
💰 Yearly earnings reaching up to: 4090.09 USDT

🚀With $MX, the more you invest, the higher the returns!

join TamilBTC.com/mexc
SUI analysis:

Price has been rejected from a resistance area and is now testing a support area. We anticipate a bounce from the support area and suggest opening a small long position with a tight stop loss.

Support Area: $0.575-$0.60

Resistance Area: $0.71-$0.74
SAND analysis:

Price is now testing the support area and you can open small long positions with tight stop loss.

Support Area: $0.457-$0.48

Resistance Area: $0.612-$0.620
If you are still thinking of restaking ETH on EigenLayer:

Caps are still open, and you can get an additional APR boost with OKX + Swell

https://twitter.com/swellnetworkio/status/1737281189432750283
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JUST IN: Galaxy Digital CEO says a Spot #Bitcoin   ETF will be approved before January 10th.