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Dyor

Bitcoin - FOMC meeting can cause the crash today!Hello, everyone! CRYPTOCAP:BTC is staying at the same price level for several days. While altcoins demonstrated the huge crash, Bitcoin had only -3% reduction. It's quite boring because price is inside the downward sloping range for more than 2 months. This is the best time to be prepared for the huge movement in the nearest future. In the middle of April 2023 BTCUSDT has finished it's mid-term uptrend. It was 5 waves impulse inside wave C inside global bear market wave 4. The bearish divergence with Awesome Oscillator confirms my assumption. For the current dump I consider the Elliott waves marking introduced on the price chart. First dump was an impulsive one and after that BTC has printed the ugly reactive wave 2. Now price is inside the wave 3 on any degree. If we assume that waves 1 and 2 are defined we can measure the targets for the wave 3. I don't wanna even consider the minimal target at 1 Fibonacci extension because price has already reached it and if it's the wave's 3 end it doesn't like an impulsive wave. Therefore I expect the dump continuation to at least $23600. Normal wave 3 target is located right there at 1.61 Fibonacci extension. We can also notice that local liquidity pool is also here, which is logically to be filled. The most sweet target is located at $19500, Fibonacci 2.61. This is the extended wave 3 target. I don't believe in it's reaching in the nearest future, but we should keep it in mind because a lot of stop losses below the previos wave 4 bottom. Best regards, Ivan _____________________________________________________________ 🔥Please, follow me and smash the rocket🚀 button to support me🔥
Short
by Skyrexio
6
BTC Mid-Term Outlook To Reach $24k-$25kIn this short time, BTC will make a minor upward correction to $28350-$28500 (supply zone) before pushing back down to $24000-$25000 (demand zone) which means that we can assume that the price will reject that supply zone with 0.5 fib retracements and retest the symmetrical triangle pattern. This confluence shows a confirmation of bear signals which means that for mid-term BTC outlook will continue to push down after a minor upward to fulfill the order in the supply zone ($28350-$28500).
Short
by stevenvannes
2
Bitcoin price compressionHi Guys. Im in 1H timeframe and i think BTC price compressed between two line i drawn on my chart. Also we can see a weak Divergence between RSI and Price action too. This will lead the price to the lower line and despite there is a strong support line there , in 24000 the price will bouce back and go approch upper line. So we can take 2 trades here: 1- Now with SL upper than latest minor peak 2- after reaching lower line and the bounce verified. The price action around 24000 was very strong because you see two long shadowed candle in this area historically. After this price compression ends , we shuold analysis again to see what will happen. But in some extent , I think we break this Triangle upward and go toward 26000 target. Hope you enjoy , thats just my idea NOT a trading Advice. Trade on your own strategy but take ideas from others. THANK YOU ALL
by TraderAmin-KZ
2
Ask yourself this questions before investing money in any coinHow to DYOR? Quick guide 90% of the time, the market is in a condition of uncertainty, which necessitates analysis. Before any investment, you need to ask yourself the question "is it worth it?" or "why can this project be profitable?". And, in order to fully comprehend the project, I've compiled a thesis list of questions that you should always ask yourself when conducting your own study. We always begin at the project site. There, you will be welcomed with a brief summary of the project, so be sure to read the Whitepaper/Docs to learn more. At this point, you should ask the following questions: What exactly is this project? What is the point of it? What possibilities does the project offer? What are the project's RoadMap plans? Next, you must determine who is the success guarantee: What sources of funding aided the project? What are some examples of these funds' success? Will the funds be interested in the project's and the token's subsequent development? It is also critical to assess the hype surrounding the project as well as the audience's involvement. Be cautious and double-check official sources. The more successful the initiative, the more scams will surround it, and you will be added to various groups where they will offer to send money. Don't fall for these ploys! How active are the project's social networks? (Telegram, Twitter, Medium, GitHub, and so on.) How involved is the team in social media support? Is there a program for ambassadors? Nodes (do they update and function properly)? We assess other initiatives' trust and application. How many other projects have already offered assistance? How can they be of assistance to one another? Check out the feedback from partners on our pages (after all, you can merely tag that Solana supports you, but they have no idea). Check out the social subscription networks of notable people for this project. A nice technique to keep an eye out for such "friendships" on Twitter. Avoid anonymous teams and projects that do not identify their developers or team at all. Admins or project members will never send you a personal email offering to acquire their tokens! From a personal standpoint, would you trust these guys with your money? What country does the team represent? What projects have the team members previously worked on? How interested are they in the project's progress, or do they prioritize obtaining funds and creating the token? We assess the demand potential and the technological quality. What competitors are there already? How popular is the competitor's technology? How much more advanced is our technology? It is critical to understand which and how many tokens will be available for purchase on the listing, therefore we investigate the unlocking / vesting periods for each item. You can calculate the approximate capitalization at the latest sale price and assume the expected price pressure after receiving the number of tokens available at the time of listing. Why is a token required? How will the token be put to use? To whom are tokens given? How many tokens are there in total? How much does the team own? How many tickets were sold in the Seed and Private rounds? What price did you enter these rounds at? What are the terms (locks, vesting)? How many tokens were given out to society? How many tokens will be given out as rewards? How many tokens will be sold during the Public Sale? What networks is the token compatible with? What kind of liquidity will be available as a result of the listing? Following that, we went out to compare the data to the projects of competitors. We will be able to estimate the growth potential in this section. And now that you've gone through all of the questions, you've decided to put money in this project: We decide when and under what conditions it is best to deposit money. We investigate the terms of selling. We consider the format as well as the sales platform. We research the platform from which we intend to make a purchase. If the sale is not at a predetermined price but on Balancer or Mesa, we consider the token's fair price. If the sale is in the form of a lottery, try opening multiple accounts to maximize your chances of winning. Consider the averaging method on the listing depending on the condition and format of the transaction. Examine the project's scheduling carefully; otherwise, the funds in the project may be frozen for an extended period of time. At the outset of the voyage, you must determine a reasonable price and set profit goals. In the event of failure, you must plan ahead of time to make up for the loss. Divide your sale into various objectives, the first of which is the return on your initial investment. Conclusion Furthermore, you may always avoid conducting your own study by reading other people's pre-written project assessments. After all, they could simply pay for the review in order to attract money and then dump it on you. As a result, there is no place in the cryptosphere without DYOR. You make all of the decisions. You must also accept responsibility for the outcome. Make sure to pay attention to money management and dangers. Do not put more than 5% of your deposit into a single project.
BITSTAMP:BTCUSDEducation
by Crypto4light
2
Should You buy an #Aptos?Estimated price per token of the funds: 2$-3$ (Yellow block) Prime cost of $APT: 0,70$ (Cyan dashed line) Right now there are only 130M $APT in circulation and the pressure on the price can only be exerted by the people who got the airdrop. These tokens are likely to be bought back so the price doesn't drop too much. This way it will be possible to pump $APT where staking rewards will be sold. At the moment 823M of $APT are staked. I already have $APT in hand for the airdrop. 2/3 have been sold and 1/3 of $APT remain for perspective. If $APT drops then I have defined for myself an area for future purchases. Area for my future purchases: 4$-6$ (Green block)
Long
by Oxst1tch
4
Quick coin analysis before buyingBINANCE:BTCUSDT How to evaluate the tokenomics of the project? Below you will find the main questions that you need to ask yourself when analyzing the tokenomics of the project - this scheme will not predict the price of the token with an accuracy of a cent, but it will help to predict the dynamics and assess the prospects. 1. Supply Main question: based on supply alone, will the token be able to maintain/increase the price, or will it be eroded by inflation? General supply — How many tokens exist today? How many will there be in the future? Is there a supply limit? Emission rates Is the emission rate fixed or changing? — If it changes, what factors determine it? Allocations/vesting — How was supply originally distributed among investors, community, team? Are there any groups that own a significant share of the supply and could exert significant selling pressure after vesting ends? — What is the vesting schedule for the largest holders? 2. Demand Main question: why would anyone hold this token? ROI - Without taking into account the price increase, what income does a simple hold of a token bring (for example, due to staking)? — Is it possible to get additional profit through farming? — Are protocol revenues distributed among token holders? — Is there a rebase* as inflation progresses? * A rebase is similar to a stock split, when holding or staking a token allows the owner to increase its amount, thereby compensating for the impact of inflation (for example, a mechanism when the share of ownership of a supply remains unchanged). Community How active are Discord and Twitter of the project? — Is there an ecosystem fund? Grants? Hackathons? — How actively is the protocol working on community involvement? — Are there one-time or ongoing initiatives to create additional demand for the token? — Is there a token blocking program? If yes, how many awards are allocated to it and what are the requirements for receiving these awards? — What share of the total number of tokens in circulation is locked? — What additional selling pressure will arise after the expiration of locks? Are there non-monetary benefits from staking and locking tokens (e.g. increased voting power)? It is worth noting that even taking into account all these factors does not in itself guarantee the growth of the token or the success of the project, but is only one of the necessary aspects, in addition to the market phase, hype around a particular direction, and others. Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Look at my ideas about interesting altcoins in the related section down below ↓ ✅For more ideas please hit "Like" and "Follow"!
Education
by Crypto4light