Crypto Chart Alerts

2022-08-24 03:03:20 MANA analysis:

MANA slowly moving towards the major support of the $0.746-$0.763 area. Wait for a test of this support zone for new long positions. The key level to flip is $0.87 and we see some positive move after that. Currently, there is now new trade setup. Open / Comment

2022-08-23 11:28:43 Educational Post:

An Introduction to Binance Bridge

Currently, there is a bit of an issue in the crypto space. Different blockchains can’t really talk to each other. If you make a Bitcoin transaction, the Ethereum blockchain won’t be able to know that it happened. If we zoom out a little bit and look into the future, this problem will likely be solved somehow with new technology. However, a much faster solution that is already available now is wrapped coins and tokens. 

Wrapped tokens let you use coins and tokens native to other blockchains as tokens on a different chain, such as Binance Smart Chain. We’ve already seen how this can work with tokenised BTC on Ethereum. The Binance Bridge Project introduces this concept to Binance Chain and Binance Smart Chain.

What is the Binance Bridge Project?

The Binance Bridge Project is a cross-chain bridging service that aims to increase interoperability between different blockchains. It essentially lets anyone convert selected coins into wrapped tokens (or “pegged tokens”) to be used on Binance Chain and Binance Smart Chain. This brings digital assets such as BTC, ETH, LTC, XRP, LINK, ATOM, DOT, XTZ, ONT, and more to the Binance Chain ecosystem.

By using the Binance bridge protocol, you can access cross-chain liquidity on Binance Chain and Binance Smart Chain with just a few clicks.

How does the Binance Bridge Project work?

Wrapping a coin or token into a Binance Chain version is actually quite straightforward. Using the Binance Bridge service, you can convert cryptoassets between the native blockchain and Binance Chain/Binance Smart Chain. For example, if you transfer USDT from Ethereum to Binance Smart Chain, Binance Bridge will support the cross-chain conversion of Ethereum ERC-20 to Binance BEP-2 or BEP-20. It’s worth noting that these wrapped coins are backed by real coins and tokens on public addresses.

Currently, the Binance Bridge Project supports ERC-20 and TRC-20 cross-chain transfers. As you may already know, ERC-20 is a widely popular token standard on Ethereum. TRC-20 is a similar standard for the TRON network. and TRC-20 cross-chain transfers. As you may already know, ERC-20 is a widely popular token standard on Ethereum. TRC-20 is a similar standard for the TRON network. Open / Comment

2022-08-23 06:57:54 The small rising wedge broke in a downward direction. Global markets are taking a hit still BTC is able to hold above the support level. There is no need to panic as long as BTC is able to hold above the $20,700 level. Stop loss is recommended in all open positions. Open / Comment

2022-08-23 03:11:34 MATIC analysis:

MATIC holds the daily candle support of $0.735-$0.78 area. You can add some MATIC in this zone. The local resistance is $0.845-$0.85 area and the major resistance is $1.00-$1.05 area. Keep your stop loss below the $0.73 level. Open / Comment

2022-08-22 13:01:50 Breaking: Ethereum Merge Officially Starts, Client Releases Bellatrix And Mainnet Update

https://bit.ly/3PGmZwP Open / Comment

2022-08-22 11:42:29 BNB is rejected from the resistance area and also break below the support of $295 area. If BNB able to flip the $300 level then we see another test of the major resistance level. If price unable to go above $300 the we see a move towards $272-$278 support area. Open / Comment

2022-08-22 10:03:23 Bitcoin is still going sideways and there is not much movement. There is a rising wedge again on lower time frames and also a possible bear flag. The market is giving some bearish signs, so better to use tight stop loss in all open positions. A break below the support of $20,700 will bring more downward movement. The key level to flip is $23,000. We will see some volatility when the US market opens. Open / Comment

2022-08-22 03:15:30 BAT analysis:

BAT is respecting the support of the $0.349-$0.36 area. You can place your buy orders in this zone and wait. The local resistance is $0.39 and the major resistance is $0.45-$0.46 area. Keep your stop loss below the support level as a break below the support is bearish. Open / Comment

2022-08-22 03:14:19 FIDA/BTC massive breakout after doing deviation, huge accumulation detected, now it's ready to fly Open / Comment

2022-08-22 03:13:01 FIDA/USDT lying above strong support. Stochastic is giving a buying signal. It will bounce hard from here. so now is the right time to build your position in it before breakout for massive profits

Targets: $0.5284-0.6475-0.7548-0.8865

SL: $0.4133 Open / Comment