Power Crypto Club
242 subscribers
3.04K photos
65 videos
2 files
696 links
🇬🇧 100% Free Telegram Channel dedicated to Crypto Analysis, Latest News & Trading Signals.

🇫🇷 Chaîne Telegram 100% gratuite dédiés aux Analyses de Cryptos, leurs Actualités & Signaux de Trading.

Join our Telegram Group Forum for Free: @PowerCryptoForum
Download Telegram
🚩The so-called crypto analyst influencer who gets it all wrong all the time! 😂

👉🏻 and people continue to follow him more and more... Give shit and you'll be awarded.
⚡️#ENSUSD breaks through resistance and pumps nearly +30% in the past 24 hours to hit $15
Power Crypto Club
👑 "The Prince & Princess of Alts" $LTC and $ETC, the first 2 #Hardforks of $BTC (2011) and $ETH (2016) respectively, are assets that have always been highly correlated, with $ETC often lag the trend of $ETH. It's for this reason that I always kept an eye…
⚡️#ETCUSD Hit $30

▫️This is an increase of +92% since my first shared signal on June 26. I have since shared a lot of info and analysis on Ethereum Classic

▫️$ETC has recovered +144% since its last bottom price on June 19.
☘️ Now we just have to wait for Powell's speech to find out if the rise will be confirmed, or if it was just a bulltrap‼️
🔅$AVAX bounced exactly off the support of the uptrend channel in formation, and has just crossed back above its key level of $22. Next target is the upper channel's resistance around $28.
⚡️Fed hikes interest rates by 75-Basis-Point‼️
▫️“I do not think the U.S. is currently in a recession and the reason is there are too many areas of the economy that are performing too well,” Powell said.

▫️Wednesday’s rate hike marks the latest move in the Fed’s efforts to tamp down the strongest inflationary pressures in roughly four decades.

https://www.cnbc.com/2022/07/27/fed-chair-jerome-powell-said-he-does-not-think-the-us-is-currently-in-a-recession.html
⚡️#Ethereum immediately welcomed the Fed's 0.75% interest rate hik,e with a +10% jump in $Ether's price. 🚀
⚡️$ATOM, $MATIC, $SOL We will have to wait for the breakout with their last high reached 5-8 days ago, before seeing a takeoff in an clean uptrend channel, which will confirm a bullish rally for my favorite Alts. 😍
#EthereumClassic Network Hashrate & Difficulty Charts.

👉🏻 Since its July bottom of $13.30, #ETC price has jumped +155% over 2 weeks, reaching $34 today. You should now know the reason, since I have already explained it in detail in my previous posts.

⚡️#Ethereum miners have started the biggest migration ever in crypto to #EthereumClassic, and without waiting for the execution of #ETH #Merge scheduled for mid-September.

▫️What is Ethereum Classic Hashrate?
$ETC hashrate is a calculated numerical value that specifies an estimate of how many hashes are being generated by $ETC miners trying to solve the current #EthereumClassic block or any given block. (Hashrate is represented in Hashes per Second or H/s).

▫️What is Ethereum Classic Difficulty?
$ETC difficulty is a measure of how many hashes (statistically) must be generated to find a valid solution to solve the next #EthereumClassic block and earn the mining reward.
🛑 When I see influencers promoting these "Binance Leveraged Tokens", or any crypto leveraged products from other exchanges, two things come to mind.

1️⃣ With the high volatility in crypto, there is already a lot to do to generate easy gains, without the need to add those high-risk leverages, and which are also reserved for very experienced traders.

2️⃣ This is how 90% of stupid novices regularly participate in mass liquidations (by having their positions liquidated) which bring millions of dollars to the exchanges.

💰In the past 24h, 88,266 traders were liquidated, the total liquidations comes in at $376.77 million.
Source: www.coinglass.com/LiquidationData

💚 My best advice is DON'T TOUCH THESE LEVERAGED PRODUCTS, unless you like the taste of big risk, and knowing that you'll have better luck playing at the casino.
🔅#Ethereum Bull Flag Breakout Imminent‼️

$ETH price falling below the flag support but immediately bouncing back into the flag is not really common to the Bull Flag Pattern strategy, but this shouldn't have any consequences and therefore does not invalidate the pattern, whose our main target price remains the $2,300 level.

💛 Famous Quote from Vitalik Buterin on Ethereum:
"When I came up with Ethereum, my first first thought was, ‘OK, this thing is too good to be true.’ As it turned out, the core Ethereum idea was good – fundamentally, completely sound.”
⚡️#EthereumClassic will hit the target of $43 way ahead of schedule, so this is going to be a right time to start taking some profits. (+156% gains from my signal)
🚩I just noticed on my TradingView #ETCUSDT charts this potential #EthereumClassic Arbitrage between #Upbit and #Binance exchanges, but I didn't check directly on each exchange.
Crypto Arbitrage Trading

Buy low, sell high... Crypto arbitrage sounds easy in theory, but that isn’t always the case.

▫️There are different types of #Arbitrage, but the most common is the practice of buying a crypto at a low price on one exchange, and selling it simultaneously on another exchange for a higher price.

Remark: depending on the resources available, you can enter and exit an arbitrage trade in seconds or minutes.

▫️#ETCUSDT's Sample Arbitrage
You buy $ETC on #Binance at $40.25 per token, then immediately transfer all your tokens to #Upbit to resell it for higher price, at $44.50 per token. Earnings are $4.25 per token, minus your trading and transfer fees.

▫️"Kimchi Premium 2018"
The most famous example was when the price of $BTC in South Korea rose by more than 50% compared to other global exchanges. Traders gain millions $$$.

At the same period, my crypto mate in HK told me to buy $ETH to resell its with more than 25% gains in 10 mn but I could not use my bank card.😰
This media is not supported in your browser
VIEW IN TELEGRAM
🏛 White House Press Secretary Karine Jean-Pierre was thrown into trouble by an embarrassing question from a reporter (Doocy), on the recession in US.

🔹Doocy: "Why are White House officials are redefining recession?"

🔹Karine JP: "We are not redefining a recession."

🔹Doocy: "A recession is two consecutive quarters of negative GDP growth."

🔹Karine JP: "That's not the definition."

(see below the dictionary definition for the word "recession")

👉🏻 It's always the same disdain with these people in power. The truth no longer has any value, the main thing is to have the nerve to assert.