Get started

Blockchain

SOL - 10 or 20 - Which One First?Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. SOL has been stuck inside a range between 13 and 15 For the bulls to take over , we need a break above 15.0 For the bears to take over, we need a break below 13.0 PS: By Break, I mean a momentum H4 candle close. Meanwhile, until the bulls or bears take over, we will be trading the range on lower timeframes. 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
by TheSignalyst
16
BTC - Bullish Then Bearish? 🔎Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last BTC analysis, we know that BTC has been overall bullish for the last 2 weeks trading inside the red channel. We would be bullish (short-term) as long as we are trading inside the rising red channel. For the bulls to take over and start the next bullish impulse upward, we need a break above the gray zone. As BTC trades higher, the 18k zone is a strong resistance as it is also intersecting with the upper red trendline which acts as a non-horizontal resistance. So I will be expecting a rejecting there. As per my trading style, I will be zooming in to lower timeframes and looking for any bearish reversal setup to confirm it. For now, we would be bullish, unless we break below the orange zone, in this case a movement till the lower bound of the range (around 15500) would be expected. Which scenario do you think is more probable and why? Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
42
HOW BLOCKCHAIN WORKS - EASY POEMBlockchain, oh so grand, A digital ledger in demand, Decentralized and secure, like a band A new way to assure and keep the bond. Transactions are fair, And free from despair, A chain of blocks, Connecting folks, All across the land, Blockchain, oh so grand. This poem describes blockchain as a decentralized, secure digital ledger that is used to manage transactions. It explains that the technology uses a chain of blocks to connect people and ensure that transactions are fair and transparent.
Education
by Timonrosso
Bitcoin (BTC/USD) Daily Chart Analysis For Week of Dec 9, 2022Technical Analysis and Outlook: Bitcoin is continuously (Very slowly) advancing toward our leading destination of the Mean Res $17,600 and subsequently to the Outer Coin Rally of $19,100: However, the pullback to Mean Sup $16,700 is very much likely before further upward advancement. The retest of the Key Sup $15,850 is low at this time, pending the above scenario being played out. Of course, the question is always “Which way will this puppy break from the current position?”
BITSTAMP:BTCUSD
by TradeSelecter
BTC - Critical Period / Area! ⏰Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. BTC has been overall bullish for the last 2 weeks trading inside the red channel. We would be bullish (short-term) as long as we are trading inside the channel. However, the 18k is a strong resistance zone as it is intersecting with the upper red trendline which acts as a non-horizontal resistance. So I will be expecting a rejecting there. As per my trading style, I will be zooming in to lower timeframes and looking for any bearish reversal setup to confirm it. We would be bullish, unless we break below the orange zone, in this case a movement till the lower bound of the range (around 15500) would be expected. Which scenario do you think is more probable and why? Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
BITSTAMP:BTCUSD
by TheSignalyst
31
December 9 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart According to Coinglass, the negative premium rate of the Grayscale Bitcoin Trust (GBTC) expanded to 47.2%, a record low. Bitcoin is up 2.11% over the last 24 hours and rose to an intraday high of $17,300.00. The largest cryptocurrency break above the 20-day EMA ($16,983) today, suggests that the bearish momentum may be weakening. Neither the bulls nor the bears are clearly in the lead based on the flattish moving averages and the RSI near the midpoint. If buyers maintain the price above the current level, the BTC/USDT pair could rise to $17,622. Today’s Cryptocurrency Headline SEC Requires Companies to Disclose Cryptocurrency Exposure The U.S. Securities and Exchange Commission (SEC) requires public companies to disclose whether they have exposure to crypto assets, including whether they do business with any crypto-related companies. Firms must disclose if they have direct or indirect relations with companies that have filed for bankruptcy, experienced excessive redemptions or withdrawals of crypto assets, maintain unaccounted crypto assets of customers and experienced corporate compliance failures. In addition, companies must describe how the bankruptcies of certain firms affected their businesses and that the company must take safeguards to protect its customers' crypto assets. Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
by BingX
MEGATRENDS Shaping the future (part 2)This is part two of what is changing the world for the future... Last time we spoke about the first 4 Megatrends. Electric Vehicles & Autonomous Driving 1. E-shopping & Drop Shipping 2. 3. AI & Machine learning 3. Online businesses The next four MEGATRENDS are... Metaverse NFTS Blockchain and Cryptos Web 3.0 Mark Zuckerberg is beyond his years as he sees the future with the Metaverse to come (VR, AR and a combination of both) IN the near future, many industries will apply the Metaverse to everyday including medical, education, entertainment, socialising, trading, meetings and even e-games and e-sports. NFTs took off and flew in the first few months as artists, musicians and celebrities took advantage of buying and selling digital products for a purpose... I know NFTs have had a bad sour taste as the prices have crashed and there is less confidence but they'll be back and stronger than ever after the bubble. WHY? Because we have the infrastructure to do so. Blockchain and Cryptos - Yes I know we are currently in a long winter with traders getting destroyed and investors losing all hope and confidence. But this is all because of fear, greed, BAD management, over confidence in sh$$t coins and low regulations. Yes we need regulations unfortunately. It will take time, but they will come back and will shape the future. Not just the coins but the technology and smart contracts to present opportunities for finance, commerce and investments. Web 3.0 the internet has evolved from not being able to post or add onto the net to being able to do so. And now with Web 3.0 where people will create their own social platforms, banking systems, games, programmes without making the fat cats rich. There'll be less intermediaries where YOU will have the true power too run and profit from. Timon MATI Trader
COINBASE:ETHUSDEducation
by Timonrosso
ETH - Building Block! 🏢Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. Imagine ETH is trading inside a building and you are currently on the third floor. 📌 1230 is currently your floor / support. For the bulls to take over, we need a break above the orange channel AND orange zone. In this case, a movement till the ceiling 1300 would be expected. 📌 IF the 1230 support is broken downward, then you will be visiting your neighbor in the second floor to discuss ETH situation. and so on... As long as you are inside the building, you will be moving between these floors (locally) 📌 UNLESS you break below floor 1 or above floor 3, then you will leave the building for a longer journey. If you break above floor 3, above 1300, then your next checkpoint would be around 1400-1500 resistance Which scenario do you think is more likely to happen? Which floor is more likely to hold? Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
27
🔴 DOT - Are You Patient?Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. DOT has been overall bearish for a while and it is now approaching a strong weekly support and round number 5.0 in green. DOT is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing low to form around it to consider it our trigger swing. For the bulls to take over from a long-term perspective , we need a break above the channel and last major high in gray. Meanwhile, until the buy is activated, DOT would be overall bearish and can still trade lower inside the 4.0 - 5.0 support. In this case, as price approaches the support again, we will be looking for short-term buy setups. From a short-term perspective , for the bulls to take over, we need a break above the previous minor resistance in orange. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
18
December 5 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart According to Glassnode, the number of addresses holding more than 100 ETH reached a 20-month high of 47,459. Bitcoin is up 1.7% over the last 24 hours and rose to an intraday high of $17,305.58. The largest cryptocurrency has been trading near its 20-day exponential moving average ($16,995) during the weekend, and broke above the 20-day EMA ($16,995) on Monday morning, suggesting the buyers are attempting a comeback. If buyers maintain the price above the current level, the BTC/USDT pair could rise to $17,622. Today’s Cryptocurrency Headline Opera to Add NFT Creation Tool to Browser in Early 2023 Opera will roll out an NFT creation tool next January. Created by cloud-based ecosystems company Alteon and integrated into Opera's crypto browser, the launchpad will give users an easy, no-code way to create NFTs and review simplified properties of their smart contracts. According to previous news, Opera announced the launch of the NFT analysis and browser tool "DegenKnows" in November, which allows users to discover and analyze NFT projects using on-chain and off-chain data. Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
by BingX
1
December 3 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart According to the U.S. Labor Department, nonfarm payrolls increased by 263,000 jobs last month compared with economist expectations for 200,000 jobs. Bitcoin is up 0.27% over the last 24 hours and rose to an intraday high of $17,159.48. The 20-day EMA has flattened out and the relative strength index (RSI) is just below the midpoint, indicating a balance between supply and demand. If the BTC/USDT pair maintains above the 20-day EMA ($16,961), the pair could rise to $17,200. Today’s Cryptocurrency Headline Galaxy Digital Wins Auction to Buy GK8 From Celsius Galaxy Digital, the cryptocurrency financial services firm founded by billionaire Michael Novogratz, has won the auction of GK8, the self-custodial platform from bankrupt crypto lender Celsius Network. Terms of the deal were not disclosed, but Galaxy spokesman Michael Wursthorn said the price was materially less than what Celsius paid a year ago. Celsius acquired GK8 in November 2021 for $115 million. Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
by BingX
December 2 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart According to research firm CryptoCompare, crypto-fund asset managers Grayscale, CoinShares and others saw investors withdraw $19.6 billion in November. Bitcoin is down 0.27% over the last 24 hours and fell to an intraday low of $16,845.86. The cryptocurrency market has been suffering extremely low volatility and a lack of demand since the FTX crisis, and Bitcoin price appears to be consolidating between $15K and $17K, and its long-term trajectory will be determined by a breakout in either direction. Today’s Cryptocurrency Headline TP ICAP Gains UK Crypto License TP ICAP, the world’s largest interdealer-broker, has registered with the UK Financial Services Authority as a digital asset provider. The company is partnering with custodian Fidelity Digital Assets to provide a platform to match orders and execute spot cryptocurrency trades and try to break into the cryptocurrency world with its Fusion digital asset marketplace. Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
by BingX
Chart and fundamental analysis of Iris Energy Limited (IRIS)The operating result for the last quarter was published recently, on November 30, 2022. 1. Graphic Analysis As the company's core activity is Bitcoin mining, it is important to analyze the correlation with the price of Bitcoin. As you can see in the graph below, most of the time the correlation is positive. It seems to me that the price is at the end of wave 5, about to reverse the downtrend, which has lasted since the beginning. The DMI SMI Oscillator exhibits a bullish descending wedge. This same interpretation can be obtained on the RSI: 2. Fundamental analysis Net income has held steady for quite some time at $72 million. As of Q1 since year 2022, it has declined to minus -$2 million and has since been stable. The same reasoning can be applied to Earnings per Share versus Estimated Earnings per Share . The balance sheet remains healthy, with assets greater than liabilities. Even if there is a need to settle the net debt after the sale of assets, it would be comfortably honored. With regard to cash flow, money from third parties continues to decrease, which is positive. Money spent on investments follows a negative flow. A negative value of Cash From Investing Activities can show poor performance, but it can also be a sign of increased investment activities. While cash from operating activities remains stable at $4 million. The point to note negatively is the free cash flow, which has drastically reduced to -$210 million.
NASDAQ:IRENLong
by andre_007
LINK - The Castle Is Standing Strong! 🏚Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. LINK has been stuck inside a big range in green between 5.0 and 10.0 And as per my last analysis (attached below / related ideas), we know that now the bulls took over from a short-term perspective after breaking above the orange zone. What Now? As LINK retests the orange zone, we will be looking for short-term trend-following buy setups. For the bulls to take over from a long-term perspective, we still need a break above the upper bound of the range and round number 10.0 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
25
All Eyes On USDT.D 👀Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. USDT.D has been bearish for the past 2 weeks. However, it is currently approaching support zone (7.9% - 8.1%) For the bears to remain in control, we need a daily candle close below the 7.9% In this case, further bearish movement would be expecting till the next support 7% and lower orange trendline. Thus further bullish movements would be expected for the crypto market. Meanwhile, until the bears take over, the 7.9% is acting as support and hold the price upward. If any bullish reversal setup is activated and/or if we break above the upper red trendline, then expect further bullish movement. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
CRYPTOCAP:USDT.D
by TheSignalyst
7
November 30 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart According to the 2022 German Blockchain report published by CV VC Labs, the European country has a 22.8% share of all Ethereum nodes, while the United States leads with 45.3%. Bitcoin is up 4.04% over the last 24 hours and rose to an intraday high of $16,955.00. The largest cryptocurrency reached the 20-day EMA of $16,913 today, suggesting the bulls are attempting to establish a relief rally. If the BTC/USDT pair maintains above the 20-day EMA ($16,913), the pair could rise to $17,200. Today’s Cryptocurrency Headline BlockFi Has $355M in Crypto Frozen on FTX Kirkland & Ellis partner Joshua Sussberg said in New Jersey bankruptcy court on Tuesday that BlockFi currently has about $355 million in cryptocurrencies frozen in FTX. Additionally, BlockFi provided $671 million in loans to Alameda Research. Sussberg told Judge Michael Kaplan that he anticipates the process of recovering BlockFi’s funds from FTX will “play out over a long period of time.” and whether those funds will be recoverable is another question entirely. Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
by BingX
1
Market 2022 Pullback - Consolidation & RecoveryWe are at the bottom of the market, Bitcoin has seen some major flush outs as institutions that ave poorly managed positions keep causing selling pressure. The market needs to be stimulated for the next leg up and until then we consolidate at the lows. Typically bitcoin does not break down below previous lows but we have been trading under $20,000. The market will be positioned in a bear trend until we break above the previous low $25,000 and then we can continue to consolidate and potentially start making our way back to the ATH and then higher. We anticipate that within the next 1-2 years we will see all time highs and bitcoin prices above $100,000. This is a macro outlook on the market. Long positions should be scaled in and leverage at the lows built up with short stops. Buying between 16K - 10K are great entries for a long but trades may take months to come to fruition.
Long
by TheCryptAlpha
4
November 29 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart According to Glassnode, digital asset investment products saw outflows totalling US$23m in a continuation of the negative sentiment seen the previous week. Bitcoin is up 0.95% over the last 24 hours and rose to an intraday high of $16,386.66. The downsloping 20-day EMA ($16,895) and the relative strength index (RSI) in the negative territory indicate that bears are in command. If the BTC/USDT pair drops below the $16,000 price level, the sellers will try to pull the price to the crucial support at $15,476. Today’s Cryptocurrency Headline Abracadabra Calls On Sushi For Emergency Assistance Abracadabra, the issuer of the algorithmic stablecoin MIM, revealed that the crypto assets worth 10 million US dollars are at risk due to the faulty oracle. It has submitted an urgent proposal to the Sushi Governance Forum, asking the Sushi team to increase interest rates for two Bento vault ‘cauldrons’ holding $10M worth of cvxRenCrv and yvcrvstETH tokens. Abracadabra’s lending infrastructure is built on top of Sushi’s Bentobox protocol, meaning that interest rate changes must be approved by the multi-signature contract that controls Bentobox. Abracadabra said that both tokens are not used in any way on SushiSwap, with cvxRenCrv comprising a token wrapper specifically made for Abracadabra, while yvcrvstETH is an interest-bearing token issued by yield aggregator Yearn Finance. Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
by BingX