NEAR/USDT Analysis: Waiting for Support Levels Before BuyingDear traders,
I would like to share a cautious yet optimistic analysis of the NEAR/USDT trading pair. Currently, we observe a favorable position, but patience is key to maximizing opportunities while minimizing risks.
Current Situation:
The NEAR/USDT market shows promising signs, but it's crucial to note that the price might encounter short-term resistances. However, the fundamentals of the NEAR Protocol continue to support growth potential.
Recommended Strategy:
It is advisable to wait for the price to touch identified support levels before initiating buying positions. This approach confirms the stability of support levels and reduces risks associated with potential market volatility.
Key Support Levels:
Identify key support levels based on technical analysis and relevant indicators. Buying when the price reaches these levels could provide an opportunity for a more attractive entry price.
Patience to Minimize Risks:
While the market may experience a slight initial decline, patience can be rewarding. Expect the market to stabilize after touching support levels, creating a stronger and less risky buying position.
Conclusion:
Overall, NEAR/USDT offers an interesting perspective, but it's essential to adopt a patient approach. By waiting for the price to touch support levels, traders can position their purchases more strategically, thereby minimizing potential risks.
Remember, caution and risk management are crucial in any trading environment. Good luck to all!
Note: This analysis is based on the information available at the current time and may be subject to changes depending on market developments.
Kucoin
KuCoin Revolutionizes Crypto Transactions with Apple Pay
In a groundbreaking move towards enhancing privacy and security in the crypto space, KuCoin, a leading cryptocurrency exchange, has announced the integration of Apple Pay into its revolutionary crypto debit card, KuCard. This strategic partnership aims to provide users with a safer and more private method of payment, aligning with Apple Pay's core principles of security and privacy.
The Shift Towards Enhanced Security:
The integration of Apple Pay on KuCard addresses the growing concern of crypto scams that have plagued the industry since 2022. With cybercriminals finding sophisticated ways to exploit individuals, the collaboration between KuCoin and Apple Pay seeks to mitigate risks by encrypting every transaction. This ensures that users can make contactless payments without the fear of sharing sensitive credit card information with third parties or falling victim to fraudulent activities.
Securing Transactions with Apple Pay:
KuCoin's decision to leverage Apple Pay emphasizes its commitment to customer safety. By utilizing Apple's advanced security features, every transaction made through KuCard is verified by a one-time, dynamic security code, coupled with Face ID, Touch ID, or the device passcode. This multi-layered approach provides users with unparalleled security, significantly reducing the likelihood of unauthorized access or fraudulent charges.
Streamlining the User Experience:
Beyond security enhancements, the integration with Apple Pay also streamlines the user experience for KuCoin customers. iPhone, iPad, and Mac users can enjoy quick and easy purchases through applications or Safari, eliminating the need for repetitive data entry. The removal of this friction not only enhances convenience but also aligns with the broader trend of simplifying transactions in the digital era.
A Response to the Rise of B2B Partnerships:
KuCoin's forward-thinking decision to integrate Apple Pay comes amidst a rising trend of business-to-business partnerships in the crypto markets. Major institutional players like Deloitte, Microsoft, and Goldman Sachs have been actively collaborating on innovative blockchain networks, marking a significant shift in the landscape of traditional finance.
Empowering Global Transactions:
The integration of Apple Pay on KuCard not only enhances security but also opens doors for global transactions. With businesses increasingly utilizing Bitcoin and other digital assets for operational and financial reasons, KuCoin's move enables users to make cross-border cryptocurrency payments with ease. This initiative is particularly advantageous for businesses operating in regions with restricted access to traditional banking, providing them with a powerful tool to expand into new markets.
Conclusion:
KuCoin's decision to integrate Apple Pay into KuCard is a testament to its commitment to user safety and a strategic move to stay ahead in the competitive crypto market. By combining the security features of Apple Pay with the convenience of KuCard, users can enjoy a seamless and secure payment experience. As the crypto industry continues to evolve, partnerships like these are pivotal in shaping the future of secure and accessible financial transactions.
CANDYUSDT - KUCOIN LONG SETUPAs we can see that candyusdt forming a falling wedge with bullish divergence after printing double bottom pattern.
If the bulls took control , the possible resistance level are mentioned.
NFA
DYOR
ResistanceVery little resistance once perp breaks this point of $1.73
We could see a push to over $3 all the at up to $5 before the next resistance.
Compare this to FLR/usd quick break, in and out on this pump
Also high volume
That’s about everything I have to say on this one.
Good luck and have fun with it
.382 on FetTake a look a bit closer
Looking at the dates in the past and basing this off of patterns we can see that back in the 5the of Sept. 2021 we had a retrace to the .382 on the fib retracment.
Here starting the New Year we see a similar pattern, moving back to the exact .382 mark.
After this pullback we see a sharp spike upwards to $1.20.
Assuming we’re doing the same pattern prepare for the push up before the full restatement before the true take off.
Flow (Bullish)(4hr)We've seen a healthy pull back, some ranging around the fib, after breaking down looks like it's gonna uptrend back and reject the breakdown, rejections come with some serious price movement in the adverse direction.
The way volume is still on a healthy increase, i'm going with we'll be on our way back up shortly!
Bullish What's going on with IDEA/USDT?50 & 200 about to cross
Volume Steadily Increasing
Rebounding from the .5 fib
Low Market_Cap with High Potential
If you zoom out with this one you can see since the price bottomed out it's been at a record high volume leading me to believe something is going on with this token that we're gonna find out later in time
Oh oh it’s magic, you know… never believe it’s not soSpell is a new one for me but the probability looks decent. We’re seeing a push to the upside with 18% gains in 24hour.
Keeping an eye on the $0.0009 mark next stop $0.001 pretty intense stuff if this moves to 1/10th of a penny, but we will see how the market moves, currently volume is picking up and decreasing volume is still moving upwards so all is looking good, keep in mind it’s good for a few % scalps or heavy pullback can occur.
Good luck and have fun with it
Uh OhWhat do whle have here? Is this the dangerous pattern of a cup an handle or are we just going to see false breakouts? Typically with this set up as we've seen many many times before just like what happened with DIMO with its over 80% gain in 1 move could we see the same with XRP? They say with BTC hitting 100k we could easily see over $20 in XRP, let's see how true this turns out to be. Always keeping an eye on XRP. I dont imagine $20 right away possible $3-$7 on the first move but this coin has huge potential
Good luck amd have fun with it
XYO looking goodXYO looks like a decent buy right now, very nice retracement from its peak, could see a further drop depending on what BTC decides to do with the market. The buy zone i have placed is listed form the break of Nov. 30th, TP are
$0.00587
$0.00640
if btc does a push up we could see
$0.00775 hit but that is pushing it a bit, well see what happens in this market just keep an eye on your profits.
Good luck and have fun with it.
Aleph watchingWatching Aleph if we see a break above
$0.1402 —- $0.1472
We could see a nice rapid push to the purple line around $0.2000 —$0.2017
Violent but possible currently up 34% on the daily but wait for a good confirmation to enter your trade looking similar to how flare took off and is at nearly 100% liquidation from entry. This will be quick pump and dump stuff.
Good luck and have fun with it
KCSUSDT You can still make profit on this rally.The KuCoin Token (KCSUSDT) is having a remarkable rally since November 05, which the last 2 days in particular being the strongest of the sequence. This sequence is supported by a Higher Lows trend-line, moving parallel to the 1D MA50 (blue trend-line). Having broken above the Bear Cycle's Channel Down, the trend turned parabolically bullish and has already smashed through one 18 month Resistance level. As long as the Higher Lows hold, there is still time to buy and take advantage of this momentum, to target the next Resistance in line at 18.000.
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Flare about to light up the skyFlare entry, $0.0156, we could see this one light up the sky here tonight and the next few days.
volume is a bit more active. We could see a push to the yellow line around $0.02239 or up to $0.026 area. Just an idea, lets see how this goes.
Good luck and have fun with it.
156% isn’t too shabbyAfter this massive bull run with 156% gain in just around 3 days, we could see a pullback similar to May 8-9 in 2023. This could push up a bit more maybe $0.00245 but it’s more wise to pull and renter around $0.00200 area. For those who were in on this amazing job, great eyes for a beautiful market. We could see a complete push to $0.00331 but for a healthy push I’d imagine we get a pullback about now. If I’m wrong however have a buy stop in and enjoy the rest of this weeks ride.
Overall LONG
Short term, SHORT
Good luck and have fun with it.