Sei: Pioneering the Future of Cryptocurrency Beyond EthereumIn the ever-evolving landscape of cryptocurrency, a revolutionary force is on the rise, poised to surpass even the most established giants. Meet Sei, the cryptocurrency that is redefining the possibilities of blockchain technology and set to outshine Ethereum on the global stage.
Sei's foundation rests on a powerful infrastructure, setting a new standard for speed and efficiency in the industry. Unleashing its potential through the groundbreaking Twin-Turbo Consensus, Sei boasts unparalleled transaction speed, all the while maintaining remarkably low transaction costs and an industry-leading throughput. In the realm of modern applications, where performance and scalability are paramount, Sei emerges as a true trailblazer.
However, what truly sets Sei apart is its unwavering commitment to security. Crafted from the ground up with security as the foremost priority, Sei is fortified by the backing of some of the world's largest and most trusted institutions. With Sei, security is not an afterthought—it's the very foundation upon which the future is built.
Sei's user-centric approach echoes throughout its architecture. Fully open-source and with native frontrunning protection, Sei ensures a level playing field for all participants. Its seamless interoperability and multiple layers of transaction bundling only further emphasize Sei's dedication to user empowerment and fairness.
Now, let's draw comparisons to better understand Sei's groundbreaking capabilities:
- **Bitcoin:** With a transactional throughput of 10 tps and a transactional finality of 60 minutes, Bitcoin pales in comparison to Sei's lightning speed.
- **Ethereum:** Ethereum, while a giant in its own right, boasts a transactional throughput of 20 tps and a transactional finality of 6 minutes, still unable to match Sei's impressive metrics.
- **Solana:** Solana, known for its scalability, achieves a transactional throughput of 10,000 tps and a transactional finality of approximately 2.5 seconds. Yet, even Solana bows before Sei's unparalleled capabilities.
Sei shines as a beacon of innovation, boasting a transactional throughput of 20,000 ops and a transactional finality of just 500 milliseconds. With native frontrunning protection and a processing style that parallels Solana, Sei demonstrates its commitment to pushing the boundaries of what is achievable.
And who's already building on Sei? Recognizable names in the industry, such as Axelar, Pyth, Sushi, Kargo, and Nitro, have harnessed Sei's capabilities to create cutting-edge applications in various domains, from infrastructure to DeFi and beyond.
Sei is not just another cryptocurrency; it's a paradigm shift, a glimpse into a future where speed, security, and scalability harmoniously coexist. As we embark on this journey of innovation, Sei's potential knows no bounds. It's time to embrace the dawn of a new era in cryptocurrency—a future where Sei shines brighter than the rest. Start building your vision on Sei, and together, let's shape the destiny of blockchain technology."
Blockchain
BTC - Top Down Analysis 📹 From Daily To H1Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for #BTC.
Which scenario do you think is more likely to happen? and Why?
📚Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Bitcoin - Accumulation PhasesIn this graph I show you all the accumulation phases bitcoin has been in so far.
An accumulation phase is a stage that all assets go through.
After a prolonged period of growth, the asset declines and enters an accumulation phase.
It's during this time that savvy investors buy in, anticipating the next upward trend.
It's important to note that we might remain within this trading range for another year before breaking out of it. While I believe a breakout will happen sooner, historical trends suggest otherwise, unless we replicate the 2011-2012 pattern.
Regardless, this could present a favorable buying opportunity for Bitcoin within this range, with potential selling during the euphoria (distribution stage).
To be able to see the chart like this, turn on logarithmic scale in your Tradingview.
BTC - Bears Remain In Control; Until...❗️Greetings, TradingView Family! This is Richard, also known as theSignalyst.
📌 After breaking below the significant round number of 30,000 and a major low, BTC has exhibited a predominantly bearish trend.
As BTC approaches 27,500 we will be looking for buy setups as it is the intersection of multiple trendlines.
📈 From a short-term perspective, on the H1 timeframe, BTC has been bearish trading inside the falling wedge in orange.
To regain control short-term, the bulls must achieve a strong momentum candle close above the last minor high in orange.
Meanwhile, the bears remain in control and we will be looking for buy setups as BTC approaches the demand zone in red around 28,950
📚 Always remember to follow your trading plan when it comes to entry, risk management, and trade management.
Good luck!
Remember, all strategies are good if managed properly!
~Rich
Bitcoin(BTC/USD) Daily Chart Analysis For Week of August 11,2023Technical Analysis and Outlook:
To its price action, Bitcoin experienced a "dead cat bounce," as projected by Trade Selector. Its current trajectory points to resuming the retest of the completed Outer Coin Dip 28900 and moving towards the next Outer Coin Dip 28200 and 26900, respectively. However, another jump toward the Mean Res 30050 level is also possible in this reactionary market.
Pirichain above support level 0.00638$New coin traded above support level 0.00638$.
I think the price is right for buying and placing an order with a take profit at $0.00853. Stop loss at $0.00525
BTC - Top Down Analysis 📹 From Weekly To H1Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for #BTC.
Which scenario do you think is more likely to happen? and Why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
BTC - The Bias Remains Bearish ❗️Greetings, TradingView Family! This is Richard, also known as theSignalyst.
📌 After breaking below the significant round number of 30,000 and a major low, BTC has exhibited a predominantly bearish trend trading inside the falling channel in red.
📉 If the current last low is breached with an H4 candle closing below 28,700, it is likely to trigger further bearish movement, potentially leading to a decline towards 27,500.
In this case, as BTC approaches 27,500 we will be looking for buy setups as it is the intersection of multiple trendlines.
📈 To regain control, the bulls must achieve a strong momentum candle close above the key level of 30,000. Such a move could potentially shift market sentiment in favor of the bulls and indicate a possible trend reversal.
📚 Always remember to follow your trading plan when it comes to entry, risk management, and trade management.
Good luck!
Remember, all strategies are good if managed properly!
~Rich
ETH - Critical Period / Zone ❗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
ETH is still stuck inside a big range and it is currently hovering around the lower bound / support zone around 1810
📈 For the bulls to take over from a medium-term perspective, we need an H4 momentum candle close above the last major high in gray around 1865
📉 In parallel, if the green support zone is broken downward, expect further bearish movement till the 1730 demand zone.
Which scenario do you think is more likely to happen? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Bitcoin(BTC/USD) Daily Chart Analysis For Week of August 4, 2023Technical Analysis and Outlook:
This week, the price action of the coin remained stagnant between the Outer Coin Dip 28900 and Mean Res 30050 levels. This suggests it might decrease further towards the Outer Coin Dip levels of 28200 and 26900. However, there is also a possibility of a dead-cat rebound towards the Mean Res 30050 level.
BTC - Critical Period / Zone ahead of NFP ❗️Greetings, TradingView Family! This is Richard, also known as theSignalyst.
📌 After breaking below the significant round number of 30,000 and a major low, BTC has exhibited a predominantly bearish trend, forming lower lows and lower highs.
In the past, BTC broke two major lows, which were marked in gray on the chart.
📉 If the current last low is breached with an H4 candle closing below 28,700, it is likely to trigger further bearish movement, potentially leading to a decline towards 27,500.
📈 To regain control, the bulls must achieve a strong momentum candle close above the key level of 30,000. Such a move could potentially shift market sentiment in favor of the bulls and indicate a possible trend reversal.
📚 Always remember to follow your trading plan when it comes to entry, risk management, and trade management.
Good luck!
Remember, all strategies are good if managed properly!
~Rich
BTC - Market Structure Setup 📚Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
I find BTC chart interesting as it has been following the basic laws of market structure.
So let's keep it simple => K.I.S.S. Keep it simple, samurai ;)
📈 As long as support at 28750 holds, we can anticipate a bullish movement on BTC. This bullish scenario would be confirmed by a break above the last minor high in red, approximately at 29300."
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
ETH - The Bulls Are Still Strong - For Now ❗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
ETH is still stuck inside a big range and it is currently hovering around the lower bound / support zone around 1810
📈 For the bulls to take over from a medium-term perspective, we need an H4 momentum candle close above the last major high in gray around 1890
📉 In parallel, if the green support zone is broken downward, expect further bearish movement till the 1730 demand zone.
Which scenario do you think is more likely to happen? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
LTC - The #Halving is Around The Corner ⏱Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
LTC has been trading within a significant range between 85 and 100. Currently, from a short-term perspective, LTC is showing a bearish trend as it is trading inside a descending red channel.
The upcoming LTC halving is worth considering (in 24 hours), and two potential scenarios can be anticipated:
📈 Scenario 1: Bullish Takeover - Medium-term perspective
For the bulls to gain control in the medium-term, we need to observe a daily momentum candle closing above the key round number of 100.0.
📉 Scenario 2: Short-term Buying Opportunity
In parallel, if LTC's price approaches the demand zone near 83.0, we may look for short-term buy setups on lower timeframes.
This could present an opportunity for traders to capitalize on potential price rebounds from the support level.
Which scenario do you think is more likely to happen first? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BTC - Detailed Top Down Analysis 📹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for BTC.
Which scenario do you think is more likely to happen? and Why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Bitcoin(BTC/USD) Daily Chart Analysis For Week of July 28, 2023Technical Analysis and Outlook:
This week, the coin's price action fell below our Mean Support level of 29900, indicating that it may continue to decrease towards the next Outer Coin Dip levels of 28200 and 26900. However, a dead-cat rebound toward the Mean Resistance level of 30050 is not ruled out.
BTC - Critical Resistance Retest ❗️Greetings, TradingView Family! This is Richard, also known as theSignalyst.
📌 This week, BTC broke below the 29,500 support level and the previous major low, signaling the bears' dominance in the market. Currently, the price is trading within the falling red channel, indicating a downward trend.
📈 To regain control, the bulls need to achieve a momentum candle close above 29,850. This could potentially shift the market sentiment in favor of the bulls.
📉 However, it's important to note that the overall bias remains bearish, and the recent short-term bullish movement may be considered a correction within the larger downtrend.
📚 Always remember to follow your trading plan when it comes to entry, risk management, and trade management.
Good luck!
Remember, all strategies are good if managed properly!
~Rich
ETH - Video Update Before FOMC 📹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for ETH.
Which scenario do you think is more likely to happen? and Why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
ETH - Around Support AGAIN ❗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per my last ETH analysis (attached on the chart), we were looking for buy setups around the green support.
ETH is still stuck inside a big range in the shape of a flat rising broadening wedge, and it is currently retesting the lower red trendline.
Moreover, the zone 1830 is a strong support.
🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green support and lower red trendline.
As per my trading style:
As ETH approaches the red circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📉 In parallel, if the green support zone is broken downward, expect further bearish movement till the 1730 demand zone.
Which scenario do you think is more likely to happen? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BTC - I am Back 😁Greetings, TradingView Family! This is Richard, also known as theSignalyst.
📌 After 2 weeks off the charts, I am back as a married man.
The past 2 weeks were boring, as BTC is still stuck inside a range. Hence, there haven't been many updates from a Daily timeframe perspective. I hope to post a short-term view by tomorrow.
🏹 From a macro standpoint, for the bulls to regain control, a weekly break above 32,000 in green is crucial.
📌 However, as mentioned 2 weeks ago, the bears still retain the potential to initiate one more bearish correction before the bullish momentum resumes.
📉 To trigger a bearish correction, a breakdown below the red support level at 29,500 is necessary.
📌 BTC is now trying to break below 29,500. If this H4 candle closes below 29,500, we can anticipate a movement towards the blue support at 27,500. There, we will actively seek out new trend-following bullish setups.
Now, I would love to hear your insights on which scenario seems more likely to unfold and the reasoning behind your perspective.
📚 Always remember to follow your trading plan when it comes to entry, risk management, and trade management.
Good luck!
Remember, all strategies are good if managed properly!
~Rich
expecting a downside to 2 main target bitcoin is having a big deal into the 30,000 resistance
first target is 29300 which is the 50MA,
Second support area is 28300
this short term fluctuation is not an indicator to see 21,000 again.
25-26k unlikely but sure why not
28k'sh is the more realistic range before heading to 30k again on September as investors are waiting for 25 points less on interest rates