From today i will try to give crypto update again like before. Hope you all will support me.
At first check today's crypto market.
You can see most of the top coins are in red,this means they are in dump,so it has a chance to up.
Then for coins dump everyone's were in tension,but you can see btc dominance has reduce.
Bitcoin Dominance Dropped Below 57 Level white_check_mark Thats Mean ALTS Will Pump Like Rocket rocket April & May Will Be ALT Season v We Are Ready To Earn Massive Profits sunglasses.
And also don't forget to check qkc.
QKC is now at weekly support and the wick shows stop hunting is done and now QKC ready for the next rally. The major weekly resistance is 88 and a candle close above it will start a new rally in QKC. There are rumors that the QuarkChain team is planning to launch the NFT marketplace on QKC. We all know how coins pump on NFT news.
Buy Zone: around 64
And finally,In every industry, there is a special language to make communication easy and efficient. Those abbreviations have a great impact on the industry, lets understand what they are.
List of abbreviations commonly used in cryptocurrency trading.
#Altcoins: Alternate cryptocurrency that is any cryptocurrency other than bitcoin
#Bag Holder = A person who buys and hold coins in large quantity hoping to make good profits in the future.
#Bear/Bearish = Negative price movement
#BTFD = Buy The Fucking Dip
#Bull/Bullish= Positive price movement
#DILDO = Long green or red candles
#Dump = To Sell off a coin
#DYOR = Do Your Own Research
#FA = Fundamental Analysis
#FOMO = Fear Of Missing Out
#FUD = Fear Uncertainty & Doubt
#HODL = Hold/Hold a position
#Long: Margin bull position
#MCAP = Market Capitalization
#Moon = Continuous upward movement of price
#OTC = Over The Counter
#Pump: Upward price movement
#Shitcoin = A coin with no potential value or use
#Short = Margin bear position
#TA: Technical Analysis
#REKT: When you have a bad loss
#Whale = Very Wealthy trader/Market mover.
#Weak Hand = a coin holder prone to selling at the first sign of a deep in price.
Thanks all for reading my blog.