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Bitcoin - The bottom fishing turns out to be painful for retailYesterday, we warned that the (irrational) bullish exuberance among retail investors foreshadows more pain for the price of Bitcoin. Shortly after that, Bitcoin invalidated its bullish breakout for the third time and started to fall. Finally, after erasing more than 7%, Bitcoin halted its decline at 29 309.84 USD. Since then, BTCUSD has been mainly trading sideways. We continue to be bearish on Bitcoin, and we maintain our price target of 25 000 USD. Our view is supported by bearish fundamental factors like higher interest rates in the U.S. and economic tightening, which will put more pressure on the U.S. economy and cryptocurencies. As a result, we expect the downtrend to unravel in the coming months and Bitcoin to form a new low. Illustration 1.01 Illustration 1.01 shows the failure of the bullish breakout (invalidation) and subsequent drop in the price of BTCUSD. We believe that fishing for the bottom will continue to punish dip buyers. Technical analysis - daily time frame RSI, Stochastic, and MACD are bearish. The same applies to DM+ and DM-. Overall, the daily time frame is bearish for BTCUSD. Technical analysis - weekly time frame RSI, Stochastic, and MACD are bearish. The same applies to DM+ and DM-. Overall, the daily time frame is very bearish for BTCUSD. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
BITSTAMP:BTCUSDShort
by Tradersweekly
8
Bitcoin - It is game over for BTCUSDBitcoin had struggled around the 30 000 USD price tag over the past two weeks when low volumes proved insufficient to propel Bitcoin higher. After several false breakouts above the short-term resistance, Bitcoin always erased its profits immediately. Currently, BTCUSD trades slightly below 30 000 USD. We continue to be bearish on it as we expect economic conditions to worsen with the upcoming FOMC meeting next week. Therefore, our price target stays at 25 000 USD. Illustration 1.01 The picture shows BTC's market dominance. It can be observed that BTC's market dominance was around the lowest levels at previous cryptocurrency market tops. Since the start of 2022, Bitcoin has started to regain its market dominance, which aligns with our bearish thesis. Technical analysis - daily time frame RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the daily time frame is very bearish. Illustration 1.02 As the FED meeting approaches next week, the VIX started to manifest signs of awakening. We believe the FED will worsen economic conditions by hiking interest rates. As a result, we expect risk-aversion to return into the market, culminating in a selloff of risk assets like Bitcoin. Technical analysis - weekly time frame RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the daily time frame is very bearish. Illustration 1.03 At the moment, Bitcoin remains stuck in the neutral zone. However, we expect an eventual breakout to the downside. Illustration 1.04 Illustration 1.04 hints at a substantial difference in volume sizes between the BTC bull market and the BTC bear market. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
BITSTAMP:BTCUSDShort
by Tradersweekly
40
$CLSK cleaning mining 👁‍🗨*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management My team purchased shares of digital mining bitcoin company CleanSpark $CLSK today at $5.35 per share. Our take profit is set at $9 Hello guys! This week a new crypto bill has been the main topic of focus inside of the crypto world. NY has also passed a crypto bill which will ban crypto mining via fossil fuels. $CLSK is way ahead of other bitcoin miners and has been building grids which will allow crypto to be mined without using fossil fuels. Our entry: $5.35 Target: $9.00 If you want to see more, please like and follow us @SimplyShowMeTheMoney
NASDAQ:CLSKLong
by SimplyShowMeTheMoney
2
Bitcoin - BTC is getting stuck in the rectangle patternOver the past week, Bitcoin mainly traded between 28 600 USD and 31 411 USD, resulting in the creation of the rectangle pattern. That suggests that the trend is turning neutral in the short-term. At the same time, the daily time frame shows bullish technical developments, implying more upside for Bitcoin in the short term. We will pay close attention to the upper bound of the rectangle as the breakout above it could potentially mark the beginning of another bounce towards the 36 000 USD price tag (especially if the stock market recovers some losses). However, we expect the bearish trend of a higher degree to stay intact. Therefore, we have no reason to change our bearish outlook on BTCUSD; we still expect an eventual breakdown in the price of Bitcoin and new lows to be formed below 25 000 USD. Illustration 1.01 Illustration 1.01 shows the current setup on BTCUSD. The yellow rectangle indicates the neutral zone; the rectangle's lower and upper bounds act as support/resistance levels. Breakout to the upside would be bullish, while breakout to the downside would be bearish. Technical analysis - daily time frame RSI and Stochastic are bullish, implying the possibility of continuation of price rise. MACD also points to the upside, which is bullish; however, it still remains in the bearish territory. DM+ and DM- are bearish. ADX decreases which suggests that the bearish trend started to lose momentum. Overall, the daily time frame is neutral/slightly bullish. Illustration 1.02 The picture above shows BTCUSD on the daily chart. White horizontal lines indicate particular support levels. Technical analysis - weekly time frame RSI, Stochastic, MACD, DM+, and DM- are all bearish. ADX increases. Overall, the weekly time frame remains bearish. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
BITSTAMP:BTCUSD
by Tradersweekly
14
Bitcoin - The stock market will drag BTCUSD lowerYesterday, the general stock market erased most of its “bear rally” gains. As a result, Bitcoin also erased some of its recent profits; however, not as much as the stock market. We expect Bitcoin to catch up with the stock market and manifest more selling pressure in the short term. Accordingly, we remain bearish and expect BTCUSD to form a new low below 25 000 USD. Illustration 1.01 The Nasdaq 100 index to which Bitcoin is highly correlated broke its downward sloping channel, which is very bearish. Indeed, in our opinion, it forecasts an acceleration in the selling pressure in the incoming days. We expect the stock market to drag BTCUSD lower with it. Technical analysis - daily time frame RSI started to flatten; we expect it to turn bearish again. The same applies to the MACD. Stochastic remains bearish; DM+ and DM- also remain bearish. The ADX shows extreme strength of the downtrend. Overall, the daily time frame is bearish. Technical analysis - weekly time frame RSI, MACD, and Stochastic are all bearish. The same applies to DM+ and DM-. The ADX increases, which suggests that the bearish trend of a higher degree is not losing momentum yet. Overall, the weekly time frame remains very bearish. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
BITSTAMP:BTCUSDShort
by Tradersweekly
21
Bitcoin - The last lift up before the fall?Over the weekend, Bitcoin moved mostly between 28 500 USD and 31 000 USD. So far it has failed to make a new high above 31 411.48 USD; however, there is still some room for more upside before the fall we continue to forecast. Accordingly, we still remain bearish on Bitcoin as we expect it to make a new low below 25 000 USD. At the moment, we will pay close attention to the U.S. market indices and their ability to move higher, which we expect to lift up the price of Bitcoin in the process. In our opinion, that would be the last lift-up for BTC before another breakdown. However, that does not change our opinion; we still think that the current rally is a "dead cat bounce" Illustration 1.01 Bitcoin fully retraced to its 10-day simple moving average (white line) and then started to fall. (20-day SMA - blue line, 50-day SMA - red line) Technical analysis - daily time frame RSI left the oversold area; we will pay close attention to it. MACD shows signs of flattening. Stochastic is bullish. DM+ and DM- show the presence of the bearish trend. ADX contains a high value suggesting peaking conditions or extreme strength. Overall, the daily time frame is substantially less bearish than a week ago. Technical analysis - weekly time frame RSI, MACD, and Stochastic are all bearish. The same applies to DM+ and DM-. ADX increases. Overall, the weekly time frame remains bearish. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
BITSTAMP:BTCUSDShort
by Tradersweekly
8
The shattering of the cryptocurrency bubbleSince November 2021, the total market cap of cryptocurrencies has started to decline. Indeed, it has declined approximately 60% until now; meanwhile, the selloff has accompanied this in more than 20 000 cryptocurrencies. Moreover, volatility remains highly elevated, and short-lived bounces in the price of tokens, followed by fast crashes, suggest anxiety among market participants. These are particular signs of the downtrend, which is poised to continue further. Technical and fundamental factors support this view. All - daily, weekly, and monthly time frames - remain bearish. Additionally, altcoins experience outflows of capital, while Bitcoin sees capital inflows. That hints that people are flocking to Bitcoin from other riskier coins. At the same time, the prospects of higher rates in the U.S. and around the globe pose threat to the purchasing power of cryptocurrencies. Therefore, our outlook is very bearish and we voice a word of caution to the market participants. *additional ideas in which we detail how we navigated the current downtrend are attached below the idea ATH of the total cryptocurrency market cap = 3.009 trn. USD (10th November 2021) The current value of the total cryptocurrency market cap = 1.217 trn. USD Illustration 1.01 Illustration 1.01 portrays the total cryptocurrencies market cap excluded BTC. Illustration 1.02 The picture above shows the dominance of BTC. It can be seen that its dominance has started to increase as other altcoins started to puke. Illustration 1.03 Illustration 1.03 shows the daily chart of BTCUSD. It also shows how it correlates with the total cryptocurrency market cap. A strong positive correlation is shown. *A strong correlation can be observed also with the tech sector which experiences "tech winter". Illustration 1.04 The illustration above shows LUNA (against USDT), a popular stablecoin that gained a lot of press within the past few days due to its sharp drop of more than 99%. This event foreshadows more similar events to come in cryptocurrencies that lack any other use than speculation. Illustration 1.05 Bitcoin has entered the "free-fall area" - an area with the absence of support. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
CRYPTOCAP:TOTAL
by Tradersweekly
4
Bitcoin - BTCUSD about to hit 35k USD and continue lower In tandem with our expectations, Bitcoin dropped lower. As a result, we continue to maintain a bearish stance. Our short-term price target remains at 35 000 USD; our medium-term price target is 32 500 USD (due to become a short-term price target once 35 000 USD is taken out). Illustration 1.01 The bearish breakout illustrated above confirms our thesis. Technical analysis - daily time frame RSI, Stochastic, and MACD are bearish. DM+ and DM- also show bearish conditions in the market. ADX continues to increase. Overall, the daily time frame is bearish. Technical analysis - weekly time frame RSI, MACD, Stochastic, DM+ and DM- are bearish. ADX indicates that the bearish trend is relatively weak (but gaining some momentum). Overall, the weekly time frame is bearish. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
BITSTAMP:BTCUSDShort
by Tradersweekly
10
Bitcoin - Deleveraging to accelarate soonOur short-term price target of 37 500 USD was reached just recently. Therefore, we would like to update our thoughts and change our medium-term price target of 35 000 USD to a short-term price target. Subsequently, we would set a new medium-term price target of 32 500 USD. We continue to maintain a bearish stance on the overall cryptocurrency market as we expect deleveraging to continue. Our view is supported by a combination of bearish technical and fundamental factors. We will pay close attention to the FED meeting and the upcoming rate hike during the current week. We expect hiking rates to have a negative impact on the price of Bitcoin. Illustration 1.01 Illustration 1.01 portrays BTCUSD on the daily chart. We expect an eventual breakout below the short-term support. Technical analysis - daily time frame RSI has been choppy lately; due to that, it can be regarded as neutral. MACD remains bearish and Stochastic. DM+ and DM- show bearish conditions in the market. ADX continues to increase, which suggests the bearish trend is gaining momentum. Overall, the daily time frame is bearish. Illustration 1.02 The chart above shows BTCUSD on the weekly graph. It also portrays volume bars at the bottom of the chart. It can be observed that selling pressure has been increasing over the past three weeks. In our opinion, this foreshadows a further move down for Bitcoin. Technical analysis - weekly time frame RSI, MACD, and Stochastic are bearish; the same applies to DM+ and DM-. ADX contains a relatively low value, which suggests the presence of a neutral trend (of a higher degree). Overall, the weekly time frame is bearish. Illustration 1.03 The picture above shows the monthly chart of BTCUSD. It also shows the big difference in the size of the volume being traded in the past versus currently. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
BITSTAMP:BTCUSDShort
by Tradersweekly
12
Bitcoin on the Weekly - Entering Peak opportunity BITSTAMP:BTCUSD Bitcoin is entering the green zone of the logarithmic growth curve This indicates that we have entered a period of peak opportunity. If you believe in the future of bitcoin and its narrative then this might be one of the best few weeks/months to accumulate bitcoin and other large cap alt coins. I have pulled a fib retracement from the March 2020 swing low to the 2021 swing high. We are basically sitting above the 0.5 fib retracement level which is at $34732. There could be another capitulation event which would kick start the next leg of the bull market - per Elliot wave theory Actions: Dollar cost average into Bitcoin and your favourite Top Alt coin at these levels Stake all your crypto assets of decentralised exchanges Chill out
BITSTAMP:BTCUSD
by TraderMagz
Bitcoin - BTC's volatility continuesBitcoin continues to exhibit choppy price action around the 40 000 USD price tag. However, that does not change our stance on it. We remain bearish with the short-term price target of 37 500 USD and medium-term price target of 35 000 USD. Technical analysis - daily time frame RSI is neutral. MACD and Stochastic are bearish; however, MACD is trying to reverse to the upside. DM+ and DM- are bearish. ADX continues to increase, which signals that the bearish trend is gaining strength. Overall, the daily time frame is bearish. Technical analysis - weekly time frame RSI, MACD, and Stochastic are bearish. The same applies to DM+ and DM-. ADX contains relatively low value, which suggests the presence of a neutral trend. Overall, the weekly time frame is bearish. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
BITSTAMP:BTCUSDShort
by Tradersweekly
Bitcoin - BTC lacks a trend at the momentAfter reaching our price target of 40 000 USD, we predicted a temporary bottom for Bitcoin. We suggested that the price of BTCUSD might be setting itself for sideways price action. That has been the case for the past week. The prevailing trend in Bitcoin weakened even further, and volume declined. In the short term, we remain neutral on BTCUSD. However, in the medium term, we remain inclined towards the bearish scenario. Despite that, we decided not to set any price target for BTCUSD, mainly due to a lack of momentum within the prevailing trend. Although, we think Bitcoin is likely to drop to 35 000 USD (and possibly lower) if the general stock market continues lower (or if BTC sees more decoupling in the positive correlation between the two). We also see additional pressure for the higher price of BTC from the FED and higher interest rates. Technical analysis - daily time frame RSI is neutral. MACD is bearish, and Stochastic is bullish. Although, Stochastic oscillates in the bearish area. DM+ and DM- are bearish. Meanwhile, ADX declines, which suggests the prevailing trend is weakening. Overall, the daily time frame is neutral. Illustration 1.01 The image shows the daily chart of BTCUSD and two simple moving averages. It can be observed that moving averages started to produce whipsaws shortly after BTCUSD started to trend sideways. In addition, the recent false breakout above the short-term resistance is also indicated. Technical analysis - weekly time frame RSI is bearish. MACD failed to continue higher and penetrate through 0 points into the bullish zone; instead, it started to flatten and reverse to the downside. Stochastic also reversed to the downside, which is bearish. DM+ and DM- indicate bearish conditions in the market. At the same time, ADX suggests the prevailing trend is very weak, which is reflected in the recent sideways moving price action. Overall, the weekly time frame is bearish but lacks momentum in trend. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
BITSTAMP:BTCUSDShort
by Tradersweekly
21
Weekly Analysis BTC via Ichimoku by TheSocialCryptoClubGood weekend, As usual, here is our analysis of the week looking at a glance at the daily chart of BINANCE:BTCUSDT using the Ichimoku Kinko Hyo indicator with traditional settings. We used additional indicators that we have developed and released Open Source, you can find them at the end of the analysis. Trend: The Kumo has been green for 19 days and the expansion is slightly decreasing (below 7%) but the uptrend sentiment of last week is no longer current, at least in the short term. A sideways bias is reinforced and there is no common agreement between the lines: indecision. We are back in the channel between two price structures and we are still approaching the Tenkan Weekly and moving away from the Kijun Weekly, where the sideways and downtrend sentiment remains. The Kijun Trend indicator continues to indicate the search for long positions but the price has been below the Kijun for two candles and today it might return to indicate short positions. Heikin-Ashi: The Heikin-Ashi are always above the Kumo but they are always red since a week now and only today they present the maximum above the close, indicating a potential slowdown of the downtrend. Supports and resistances: - 75000.00 from Fibonacci - 67000.00 from historical high - 66001.41 from historical high of Chikou - 51800.00-52600.00 from Ichimoku Flat/cusp areas of the Chikou - 49000.00-51000.00 Fibonacci, Psychological Threshold and Kijun Weekly - 44400.00-45600.00 by areas Ichimoku Flat/Chikou Cusps - 40200.00-40800.00 from Ichimoku Flat/Chikou Cusp areas - 30300.00 from Ichimoku Flat/Cuspid Chikou areas - 37000.00 from Ichimoku Flat/Cuspid areas of Chikou - 35000.00 from Ichimoku Flat/Cuspid areas of Chikou - 33500.00 by Ichimoku Flat/Cuspid areas of Chikou For the various static price structures it is possible to refer to the chart where the structures identified by the flat moments of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes are plotted, also Chikou price for the daily time frame. Also, recall that the various Ichimoku lines serve as dynamic price structures: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term). Fibonacci: The Fibonacci levels still show us a long-term positive sentiment and puts the 0 on the upside at 75000.00. The price is back below the 0.618 level. Conclusion: The BTC has stopped its ascent and is now in a sideways moment and in the price channel between 44500.00 and 41000.00 approx., the Kijun Trend Indicator could return to indicate the short if the price does not touch even with a spike the Kijun. From a fundamental point of view we have the evolution of the Russian-Ukrainian conflict. Furthermore, referring to the well-known exponential moving averages often used in the Crypto market on the 200, 50 and 20 periods, the price is on the 50 period. It is important to evaluate the closing of the week and during the week on the following price structures, with emphasis on the sideways momentum: - Bullish: 46100.00-49100.00 - Bearish: 44650.00-45563.00 Altcoin Cycle: For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation: - Total cryptocurrency market capital: Decreased - BTC dominance: Decreased - Price of BTC: Decreased - Expectation of Alt cycle: Stable. Thanks for your attention, happy to support the TradingView community. Indicators used: Analysis Tool Kijun Trend Indicator Ichimoku Support and Resistance Chikou Support and Resistance
by TheSocialCryptoClub
Bitcoin - BTCUSD eyes 50 000 USD price targetYesterday, Bitcoin managed to break through resistance at 45 850 USD. By doing so, BTC validated the bullish consensus for itself. Now, we will observe price action very closely and we will watch out for any possible retracement below short-term support. Such retracement would invalidate the bullish breakout. However, until such an occurrence, we are turning bullish on BTCUSD. Our view is supported by a combination of bullish technical and fundamental factors. Therefore, we would like to set a new price target for BTCUSD to 50 000 USD. Illustration 1.01 The chart above shows the bullish breakout above 45 850 USD. This breakout validated the bullish consensus for Bitcoin. Currently, 45 850 USD price level acts as short-term support. Technical analysis - daily time frame RSI, MACD, and Stochastic are all bullish. DM+ and DM- show the presence of the bullish trend. Meanwhile, ADX continues to increase which suggests the bullish trend is gaining strength. Overall, the daily time frame is bullish. Technical analysis - weekly time frame RSI and Stochastic are bullish. MACD is due to perform a bullish crossover above 0 points, which would improve the picture for BTCUSD even more. DM+ and DM- performed a bullish crossover recently. ADX remains relatively low which suggests that no trend is present. Overall, the weekly time frame is bullish, however, it lacks any significant trend. Support and resistance Please feel free to express your own ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor. Your own due diligence is highly advised before entering a trade.
BITSTAMP:BTCUSDLong
by Tradersweekly
9
Bitcoin - Will BTC break above the resistance at 45 850 USD?Recently, the picture for Bitcoin turned positive. Technical factors turned bullish across multiple time frames and the price of BTC started to rise. However, soon after that, BTCUSD found strong resistance at 45 850 USD. In our opinion, if BTC will manage to break above this resistance then it is going to bolster the bullish case. However, the inability to break through this area would suggest that BTCUSD is getting stuck within the neutral zone for a little longer. Illustration 1.01 The chart above shows the neutral zone in which BTCUSD has been oscillating recently. Technical analysis - daily time frame RSI is bullish. The same applies to Stochastic and MACD. DM+ and DM- support the bullish view as well. Additionally, ADX started to increase which suggests that the prevailing trend is gaining strength. Overall, the daily time frame is bullish. Technical analysis - weekly time frame RSI is neutral. MACD is due to perform a bullish crossover above 0 points, which would further improve the picture for BTCUSD. In addition to that, Stochastic is bullish. DM+ and DM- are bearish. ADX undergoes reset. Overall, the weekly time frame is neutral with the first signs of bullish developments. Support and resistance Please feel free to express your own ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor. Your own due diligence is highly advised before entering a trade.
BITSTAMP:BTCUSDLong
by Tradersweekly
8
OMISEGO - On important trend for possible breakout 6.50+Hello trading friends, This is a small view for OMGUSDT. As omisego are now on an important trend line - is this also the reason for this update. you can see here the before update of omisego There is a good chance that we could see a breakout in OMG - that could bring price action to 6.50+ We will follow and see if the market will show these effects. There is no guarantee into trading - all depending on TA trends and data. Have good time # this is not a trading call - trade only depending on your setups.
OLong
by watchtrend
Pools register $1.4 billion ADA Cardano (ADA) has experienced a significant increase in the amount of ADA that has been deposited into its staking pools in only 12 hours on March 22. Indeed, the large quantity of Cardano that inflowed into the 23 newly created staking pools was roughly around the figure of 1.5 billion ADA which equates to about $1.4 billion, at the time of publication, according to data from Cardano staking pool analytics platform pool.pm. Noteworthy is that each pool has a stake of 62 million ADC, and the percentage of ADC coins that have been staked is over 73%, which is an impressive showing in the context of DeFi development.
BINANCE:FTMUSDLong
by rentooipili
1
ZILLIQA : Interesting trends for daily updateHello trading friends, This is an update for ZILUSDT depending on daily trends. 0,46+ is an interesting point for Zilliqa to watch out for the increasing trend with the time frame. Zilliqa shows depending on TA trend interesting trends - and it's possible that we can see coming time a new volume trend - this depend also on the main coin BTC - what should stay at last stable. Zilliqa could have a 25%+ increase by green trend. Further, it's important to check also BTC trend - and to manage risk in case Zilliqa did choose another side. Trend increase can take time - as market going on their way. Have a great day. @ This is not a trading call - trade always depending on your setups.
Long
by watchtrend