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Showing posts from February, 2022

Top 4 crypto to look at after correction of January. #NEAR, #ATOM, #FTM, #LUNA

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                              BTC, NEAR, ATOM, FTM, LUNA Chart Analysis. If BTC hold it's position above $41000 then we can see a major jump in these coin. BTC finally break its falling wedge channel and $39500 resistance level. Major resistance zone for BTC is $41500-$43500 and 50 Moving Average also present at this zone. fig1 If BTC able to break $41500-$43500 resistance zone then we can see BTC near about $46000 level Where 100 MA & 200MA are present. fig1.1 If BTC fail to break $41500-$43500 level then we ca see BTC near about $39500 right now  which is major support. and this level will be best for entry . fig1.2 NEAR/USDT  NEAR is moving in a rising channel and for now L2 is a major resistance($13) and 50MA &100MA also at this level. If this resistance break then we can see near about $17 where resistance L3 present. If you are looking for long tern then NEAR is the best and if you are lo...

Clear your every doubt on crypto asset #TAX which is 30% on budget presented by Indian FM present 2022-2023 financial year.

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Finance Minister present the Indian budget of the financial year of 2022-2023 and impose TAX on Crypto Assets.  fig1 30% tax on crypto asset . In budget 2022-2023 Finance minister mention crypto asset in their speech where government introduce 30% TAX and 1%  TDS will be charge on transfer of digital assets. Since this statement, a different environment has been created in the market, some consider this move of the government to be good and some are considering this move as a negative sign, today we will see the answer to whatever question is rising by the community. 1 Do we have to pay 30% tax on transaction? Yes, if you withdraw any of your profit in your bank account then you will have to pay 30% on your profit. 2 Do we have to pay 30% tax on loss also? No, if you put some amount in the market and you are in loss in it, then you will not have to pay any tax in that financial year. 3 What will be my tax module if I am a loss this year and a profit next year?  Let's unde...