Jona

👩‍🏫WHAT IS SUPPORT AND RESISTANCE ? CERTAINLY! LET’S SIMPLIFY THE CONCEPT OF SUPPORT AND RESISTANCE WITH A STRAIGHTFORWARD EXPLANATION: “Support And Resistance” is one of the most widely used concepts in trading. ‘Support’ And ‘Resistance’ are terms for two respective levels on a price chart that appear to limit the market’s range of movement. 👩‍🏫Support: Support is like a step where prices often stop falling and bounces back up. Think of it as a floor that prevents prices from going lower. Traders like to buy here. 👩‍🏫Resistance: Resistance is like a step where prices struggle to go higher & normally stops rising and dips back down. It’s like a barrier. Traders often sell here. Now, look at this simple chart: Resistance levels indicate where there will be a surplus of sellers. Support levels indicate where there will be a surplus of buyers. In this way, resistance and support are continually formed as the price moves up and down over time. 👩‍🏫Looking at the line chart, you want to plot your support and resistance lines around areas where you can see the price forming several peaks or valleys.#Write2Earn 📌Trade the “Bounce” Buy when the price falls towards support. Sell when the price rises towards resistance. 📌Trade the “Break” Buy when the price breaks up through resistance. Sell when the price breaks down through support. 📌Often times you will see a support or resistance level that appears broken, but soon after find out that the market was just testing it.With candlestick charts, these “tests” of support and resistance are usually represented by the candlestick shadows.#Write2Earn 👩‍🏫Trendlines: Draw lines connecting the bottoms (up-trend) or tops (down-trend) to see the overall direction. 👩‍🏫Breakouts and Breakdowns: When prices break through the ceiling (resistance) or fall through the floor (support), it can signal a big move. 👩‍🏫Separating Real Breakouts from False Breakouts : For me it is a general rule that a candle wick beyond a psychological area is not a breakout. I consider a real breakout to occur only in situations when the price of the pair closes the candle beyond the level. This way we get a more reliable breakout signal, one which can be used to trigger a position in the respective direction. Have a look at the image below:👩‍🏫Remember, support and resistance levels can change, and it’s like navigating stairs. Traders use these levels to make decisions, like when to buy on the way up or sell on the way down. Happy stair climbing in the trading world! 🌟🍀🌟#Write2Earn #TrendingTopic

Using insider info, he BOOSTED his balance by +455,971.6%.
Let's find out HOW he did it.
1. Whale's Biggest profit came from $PEPE
He was the first to notice the new trend on Meme coins and fearlessly pressed the "BUY" button.Profit and Loss: +$3,586,489.78

2. His Second triumph was on $MOG
By investing only $3,621 at the beginning, he managed to ride the wave of hype and make a huge profit. Profit and Loss: +$191,532.25

3. Next profit came from $WOJAK
He purchased it at the end of November, and within a few days, the price started to skyrocket. Profit and Loss: +$46,156.08

4. Conclusion
Thousands of people are making millions of dollars of Crypto every day. Simply following 1% club, you'll swiftly become a part of it.
His address: 0x4a2c786651229175407d3a2d405d1998bcf40614

#OnchainInsider #Onchain #TradingMastery

Within the mysterious realm of cryptocurrency whales—persons with substantial holdings and influence—their calculated actions frequently capture the interest of the whole crypto community.One crypto whale in particular, renowned for his sharp timing and well-thought-out investments, made headlines when he invested a sizable $5 million in Bonk (BONK) one day before its eagerly awaited Binance listing. Now, this whale’s most recent move has generated even more curiosity as it shifts its focus to a fresh horizon: Retik Finance (RETIK). Bonk, a Solana meme coin has seen a huge rise in recent weeks following its listing on Coinbase and Binance. It has returned around 7000x since September and soared by about 120% just immediately after its Binance listing on the 15th of December.The whale’s first investment in Bonk (BONK) demonstrated his keen sense of timing by placing it ahead of a major exchange listing. This clever approach not only paid off handsomely but also demonstrated the whale’s ability to spot possibilities before the general public did.

>>>> Click Here To Buy RETIK Tokens <<<<

Pivoting towards Retik Finance

The move towards Retik Finance (RETIK) recently has caused a stir in the cryptocurrency world. The whale’s choice to invest in Retik Finance, a newly formed DeFi platform, has sparked controversy and heated debates among the community.This shrewd investor appears to have seen Retik Finance’s creative strategy and growing ecosystem. The platform’s extensive range of products, such as the Retik Wallet and Retik DeFi Debit Card, as well as its focus on usefulness in the DeFi space, correspond with investors’ preference for well-timed investments in businesses that have the potential to expand and gain traction.

Furthermore, the whale’s entry into Retik Finance is a testament to both the investor’s forward-thinking attitude and the platform’s potential. This move toward Retik Finance, for a person renowned for making strategic and astute moves in the cryptocurrency space, represents more than just an investment; rather, it represents support for the platform’s direction and capacity to grow into a significant force in the DeFi market.Many in the cryptocurrency community have found that this whale’s well-timed investments act as a compass for them, informing their investment plans and igniting conversations about the projects’ future directions. Retik Finance’s recent appearance on the whale’s radar highlights the platform’s exciting development and represents a turning point in its evolution within the cryptocurrency ecosystem.

>>>> Click Here To Buy RETIK Tokens <<<<

Notable utilities of Retik Finance

Retik Finance is a leader in the decentralized finance (DeFi) space, attracting investors with a wide range of innovative features and services. The following noteworthy utilities have been crucial in drawing in investors like this Whale: 

Retik Wallet: The Retik Wallet is the hub of the Retik ecosystem, combining many DeFi features into one intuitive user experience. Its smooth interaction with decentralized exchanges (DEXs) attracts investors since it makes a variety of activities, like yield farming, lending, staking, trading, and borrowing, possible on a single platform. It is an appealing option for investors looking for a reliable DeFi solution because of its ease of use and extensive features.

Retik DeFi Debit Card: The Retik DeFi Debit Card’s launch represents a major advancement in the integration of the online and offline financial domains. The physical utility of cryptocurrencies, which allows them to be used for in-person transactions at retail establishments and online shops, draws in investors. Its ability to be integrated with existing payment networks increases its usefulness and broadens the use of digital assets outside of the cryptocurrency space.

Payment Gateway Services: With a transaction charge of just 1%, the Retik Pay payment processor upends traditional pricing structures and draws in businesses. Quick access to funds and real-time settlement are very appealing features for companies looking for economical and effective payment processing solutions. Merchant adoption and confidence are enhanced by this functionality, which raises demand for and usage of the Retik ecosystem.

Conclusion

The adoption of a crypto project by crypto whales has a huge significance that ripples confidence throughout the community.Following the news of this strategic whale buying into Retik Finance, reactions have continued to trail his decision, with a larger part of the crypto world affirming that his decision might be the next 100x, and due to the FOMO, investors want to benefit like the Whale, hence they are purchasing $RETIK tokens at a fast rate.

Join the team of future crypto millionaires today by purchasing $RETIK tokens.

Click Here To Take Part In Retik Finance Presale

Visit the links below for more information about Retik Finance (RETIK):

Website: https://retik.com/

Whitepaper: https://retik.com/retik-whitepaper.pdf

Linktree: https://linktr.ee/retikfinance

The post The whale who invested $5M in Bonk (BONK) a day before Binance Listing has recently invested in Retik Finance (RETIK) appeared first on Crypto News Land.

👉Enthusiastic purchasers are aggressively searching the terrain in search of new crypto coins or tokens at presale, with the intention of discovering a new breakout cryptocurrency early on before it receives wider mass market appeal and buzz. This is because the cryptocurrency industry is continuing to develop at a speed that has never been seen before.
👉In this comprehensive guide to cryptocurrency presale, we will provide clear answers to some of the most urgent concerns you have regarding cryptocurrency presale, as well as highlight many new crypto presale coins that are receiving a lot of attention from the media and from those who are interested in purchasing cryptocurrency.
👉The purpose of this crypto presale ultimate guide is to provide you with a deeper grasp of the industry by providing you with knowledge that has been crafted with great attention to detail and supplemented by the most recent market research and insights from field analysts. When contemplating the acquisition of cryptocurrencies, it is essential to approach the venture with caution, taking into mind one's own objectives and level of comfort with risk.
👉We are going to answer the questions that are most frequently asked about cryptocurrency presales, so let's dig into the definitive guide to crypto presales.
⭐What exactly is a pre-sale of cryptocurrency?
👉An early stage token sales event that is held by a cryptocurrency project prior to the formal public debut of its token or coin is referred to as a prototypical cryptocurrency presale. A limited number of tokens or coins are made available to a select set of purchasers during a presale. These tokens or coins are often sold at a reduced price, and during some instances, extra advantages may also be included.
⭐During the presale, where can you purchase fresh coins?
💰The majority of the time, new crypto presale coins may be acquired either directly on the official website of the project or through a launchpad platform. Pre-sales of cryptocurrencies are typically conducted directly on the website of the new currency or token in question these days. In most cases, these newly released coins may be acquired by using a wide range of cryptocurrencies, including as Ethereum, USDT, USDC, BUSD, BNB, Polygon Matic, and many more.
What are some things to keep in mind while purchasing coins during the presale?
When searching for new currencies in the cryptocurrency field, it is essential to exercise caution and conduct thorough study in depth before beginning the search. In most cases, purchasers will investigate the whitepaper of a new coin in order to have a better understanding of the tokenomics of the coin's distinctive characteristics. Additionally, it is essential to be certain that you are on the appropriate presale website, as there are several websites that attempt to replicate new coin initiatives, including some that are fake and are copycats. Furthermore, because new coins and cryptocurrencies in general always come with their own set of inherent dangers, it is essential to conduct adequate research and carefully examine whether or not purchasing cryptocurrency is in accordance with your own risk needs and objectives. Having said that, there are a lot of choices that are worth investigating on the market right now for those who are familiar with the cryptocurrency market and the benefits and dangers that are linked with investing in new coins.
#BinanceWish #BinanceTournament #cryptocurreny

Some of the craziest returns of 5X, 10X, 50X, or even more are achieved by people who find new coins early on-chain and hold them as they explode in growth. Here’s how you can start researching and finding these coins for yourself 👇🏼 Finding New Coins:There are a few key metrics to look at to determine how early you are to a coin:-Market Cap:This is the most important metric to check as it directly affects how much room for future growth a coin has. With new high risk / high reward coins, you are going to be looking for gains of multiple Xs. If a coin is at a market cap of $500k then it can 20X and still only be at a market cap of $10M. However, if a coin is already at a market cap of $2M then reaching that same $10M market cap target would be a 5X. What market cap range you look for when deciding whether to buy a coin or when to take profit depends on your personal view of the potential of the coin. If you find a project with real utility in a sector of crypto with a lot of demand, or a project that offers improvements over existing products/services then you may aim for higher. On the other hand, if you were just lucky to be early to a coin taking advantage of a short term source of hype then you may want to take profits on the way up rather than hold longer term.-Liquidity:Most new coins do not launch with significant liquidity. If you are working with less capital then this can actually be an advantage for you in some cases. When a coin has lower liquidity, it means that large buys/sells will move price more. It also means that volatility will generally be greater as it takes less volume to move price significantly. If a coin has real potential but low liquidity, then entering with a small amount can allow you to be early without suffering too much from slippage. Then, if the coin takes off, liquidity can improve as more is added or it gets listed on more exchanges (centralized or decentralized) which can allow larger players to then buy as well.-Holders:You can check on-chain how many holders a coin has. Clearly, the lower the number of holders is, the earlier you are.-Age:You can also check on-chain to see when the smart contract for a coin was deployed and when it was first listed on a decentralized exchange to determine exactly how new a project is.Strategy:The easiest way to start scanning new coins and checking the characteristics I just covered is through DexScreener. Very new coins won’t always be listed on CoinGecko or CoinMarketCap yet, but DexScreener lists coins as soon as they are added to a dex. It also displays price, market cap, volume, liquidity, FDV, and other metrics to make it easy to decide which coins to give a deeper look. You can also filter all the new coins by characteristics such as age, liquidity, what chain they are on, price change, and more. There are a few reasons a coin may catch your attention: large number of trades being taken, large price increases, significant liquidity being added early on, or even just the name of the coin. Regardless, once you see a coin you want to learn more about you can click on it to open the chart and see more details. Here’s what to check next:-Name/Contract Address:You can search the name and/or contract address of a coin on twitter and do a quick scan for any red flags or or positive signs. Red flags would include credible information that the coin may be a scam/rug or that the team/dev is dumping early on. Positive signs could include an active twitter page for the project, a community around it, or traders with strong track records following/mentioning it.-Holders/Liquidity Providers:If one or a few addresses hold a significant portion of a coin’s supply it is worth figuring out why. One of the larger holders will usually be the liquidity pool for the dex, but it is also possible that a team/dev reserved a large portion of the tokens for themselves. It is a good sign if the LP tokens for the pool and any team/dev allocations are locked at least for a fair period of time as this incentivizes them to grow the project and removes concerns about immediate dumping. Another reason an address may hold a large portion of the supply is if they were extremely early or sniped the token launch to buy a lot of coins for very cheap. If this is the case, they will almost always dump the tokens at some point. However, if the project has real potential then that dump could provide a good entry.Risk Management:It is absolutely essential to practice strong risk management when trading new coins. It is completely possible for a new coin to go to 0 and for your investment to end up worthless. That is the risk you take in exchange for the potentially massive rewards. However, if you implement risk management procedures then you can lower that risk.-Portfolio Allocation:You should not be risking any amount you are not willing to lose on new coins. Even if a new coin does end up going 10X or more, it is very common for there to be corrections of -50% or more during that uptrend due to the extreme volatility of microcap coins. If you are overinvested then these corrections could cause you to panic sell and miss out on the subsequent gains. On the other hand, if you are comfortable with the amount you invested then you will be able to remain calm and hold through the volatility.-Taking Profits:So you did the research, found a promising coin early on, and have made some crazy returns … don’t be scared to take profits if the amount you made is significant to you personally. It is very easy to see someone else on twitter making a 6 figure trade or holding a memecoin for 1000X and feel like your own gains are small in comparison. Unfortunately, this has led to many people refusing to take profits and giving back life-changing profits. Don’t let that happen to you. You can always take at least partial profits and continue holding some coins in case the uptrend continues.