Excavo
Spark (XFLR and FLR) Spark (FLR) Flare’s native token
You must remember the XRP airdrop, this is exactly this token
Collateral for the trustless issuance of assets from non-Turing complete chains.
Starting with XRP, XLM, Litecoin and Dogecoin.
Flare is a smart contract that integrates an Ethereum virtual machine.
To open up the possibility for a large number of popular coins to use decentralized applications starting with coins such as XRP XLM DOGE LTC .
In other words, it is Turing's introduction of complete smart contracts into each integrated chain.
In simple words, creating a smart contract for blockchains that don't have their own smart contract.
The smart contract is a catalyst for the development of both the network and the business within the blockchain. Now this feature will not only be available in popular ecosystems such as BNB, ETH .
+ As stated in the white paper, following the release of the main network is the creation of a large ecosystem of defi products.
+ Watching their social networks, I can say that their marketing is built at the high level.
+ This month the token will be airdrop on 50 of the most popular exchanges at once.
The token is currently traded as the IOU on two exchanges . Poloniex ( XFLR )and Bitrue ( FLR ).
XFLR - as the IOU on Poloniex exchange. After the start of the Flare network, Poloniex exchange undertakes to exchange XFLR to FLR -
In this proportion
1 XFLR = 0.15 FLR
So, you have 1 XFLR at day 1 and you just receive 0.15 FLR at day one.
While in Bitrue you HAVE 1 XFLR and you will receive 1 FLR at day one. The guy who buys 100 XFLR in Poloniex just will receive 15 FLR at launch.
The guy who buys 100 FLR in Bitrue will receive 100 FLR at launch.
It is profitable to buy with Poloniex, but the vesting time is longer.
Since you will not receive all the coins at once, only a part of them.
You will receive the rest of the amount later. Distributed over the course of 2-3 years
P.S.
~ 65% of the value of blockchain tokens is not available for decentralized applications.
Best regards EXCAVO
Bitcoin - Global channel + CyclesGlobal channel
I looked at the logarithmic chart and saw: a global uptrend channel, the upper line of which we tested and did not breakout. Bitcoin at the threshold of a new big cycle, which is a little over a year long.
After that, Bitcoin made a dropped by 50% from the peak and reached the previous correction's support level. Now BTC has rebounded and is trading at 25% from the local low.
The current local resistance level is 41k.
The long-term magnet is the middle line of the ascending channel and the peak of 2018 (the 20k level, maybe lower). It is important to note that this is a global vision, not a short-term one.
To my mind, speaking about short-term perspective, there will be a rebound to be sure after such a fall.
I understand that there are many newcomers on the market now. The last fall was a shock for the majority of traders. I want to give a little advice (read below).
1. Calculate your future compulsory expenses for the next 6 months minimum.
2. Compare them with the available one
the amount in stablecoins and cash.
3. If there is no pillow in stable assets for at least 6 months falling market then cover the part on rollbacks up positions to form a pillow for expenses for at least 6 months.
4. If there is, then all the same sort out portfolio and sell on rollbacks up those assets, in fundamental, values and survivability on potential bear market which you doubt very much.
Summary:
Your risky part of a cryptocurrency portfolio should consist only of fundamental assets with a high probability of gaining a network effect.
You have enough money for at least 6 months. You are not motivated to sell assets at the bottom. We are ready to sit out any drawdown. You should understand that sooner or later your assets will cost more.
You can safely continue living a normal life without checking the charts every few minutes. You realize that no matter what happens - you have the money for a good life and a portfolio of quality assets for financial independence.
I do not want to give you false hope. Trading is not easy and risky.
A trader earns big money when trading in the main trend direction. I expect a flat movement on the market shortly.
This is the time when most people are losing money.
Best regards EXCAVO
Questions for TradingView communityHi! I have already been at TradingView for 5 years. The community there is lively and intelligent.
I want to hear your feedback and share your opinion.
My three questions:
1. Which token will you keep for 5 years?
2. Which token will change the cryptocurrency market?
3. Which token with x100 potential?
Your three responses in the comment:
I will add the best projects to my portfolio and, I will do TA analysis.
Best regards EXCAVO
DAO MakerDAO Maker is an investment platform and project accelerator that seeks to connect startups with smart capital.
History of analog projects:
DaoMaker - 90x (token sale price $ 0.1, ATH - $ 9)
DuckDao - 2000x (token sale price $ 0.05, ATH - $ 100)
A2DAO - 120x (token sale price $ 0.1, ATH - $ 12)
Bulk - ? (token sale price $ 0.01, ATH -?)
Tokens of such platforms are used to obtain allocations in initial sales projects.
These platforms are very popular.
They make project research, which is a filter for the crypto-startups.
This token sale can become a game-changer for the market participants with small capital.
Best regards EXCAVO
Binance has added stock tokens of Apple, Microsoft, and MicrostrBinance has added stock tokens of Apple, Microsoft, and Microstrategy!
Many junior traders are eager to trade stocks, but they do not start trading due to overregulation and intermediaries. These people joined the ranks of crypto traders because they felt freedom in this market.
Leading cryptocurrency exchanges provide the ability to trade tokenized stocks as well as cryptocurrency. It is an essential tool for developing the stock market into the crypto sphere, allowing crypto traders to buy and sell stocks while avoiding the complexities of regulation.
Tokenized stock assets are an excellent choice for traders who want to diversify their investment portfolios and don't want to make unnecessary operations to transfer cryptocurrency to fiat to purchase shares.
The shareholders of the company are entitled to dividends. The owners of the tokens will also receive them. It is also important that you can buy shares in part, which sharply lowers the entry threshold for investors.
Tokenized stock trading is provided by Binance, FTX, Bittrex, Currency.com.
Best regards EXCAVO
28.4.2021 - DIA (DIA / BTC)Hi Traders!
Some altcoins have been growing quite solidly in recent weeks, which is why this is a suitable situation in which you can multiply your Bitcoin. We will therefore show you specific DIA / BTC trade. We monitor this trade on a daily chart, which means that if you decide to buy, we can reach the targets in 1-2 months - we are talking about a medium-term trade. Why DIA and what do we see on the chart?
This is exactly how I imagine the bottom on altcoin. Again, we see 3 basic cycles - growth, decline and finally consolidation. In the current chart, we see in particular the final consolidation, which is happening in a triangle. We reached the bottom on January 14 and have been following higher lows ever since. However, we still couldn't make a more solid breakthrough or growth that we see on other altcoins. This is exactly what could happen in the coming weeks. The upper trend line creates strong resistance for us and we also have strong zone resistance at the level of 903 - 997 satoshi.
The chart is ready for growth, but it will not start until these two resistances are overcome. In this case, I would choose 2 targets. The first on the level of 1,382 satoshi and the second on 1,872 satoshi . This would be a potential gain of 95% and 164%, which is certainly an interesting evaluation.
the bearish scenario , it would be very bad if we crossed the bottom trend line. If that happened and DIA created a new LOW, then I would rather close the trade as fail.
May the crypto be with you!
7.4.2021 - Litecoin (LTC / USD)Hi Traders!
For a long time, we did not look at one of the most famous cryptocurrencies - Litecoin. It has been moving in terms of the total capitalization in the TOP20 for several years. You can see LTC in cryptomats, on PayPal, and even Grayscale buys it. Nevertheless, it has not yet managed to reach his last ATH. Why?
The latest ATH of Litecoin is at $ 374 and the current price is around $ 232. Thus, we still lack about 60% to ATH, which represents a significant potential for growth. Bitcoin and Ether already crossed their ATHs and also added extra percent.
In the next phase, in my opinion, the LTC, around which there is currently a fairly strong fundament, could prove it. LTC has been one of the most successful projects for a long time and, in addition, it is bought (as I mentioned above) by various institutions, but this is not yet reflected in its price.
In cryptocurrencies, we often observe almost identical cycles. Bitcoin usually grows first, followed by Ether, then large altcoins, and finally the capital moves to smaller alts. LTC is thus a cryptocurrency that is likely to show its potential.
It is clear from the chart that LTC is currently undergoing strong consolidation before resistance. The longer we consolidate, the stronger growth Litecoin can show us when this resistance is exceeded. Subsequently, only the $ 272 mark awaits us, and then nothing will prevent LTC from further growth.
May the crypto be with you!
All About the Main Crypto Trends 2021 (IDO)Today, the cryptocurrency market is undergoing very good times: Bitcoin 60k, Altseason, for 4 months already many projects have been updating their historical highs, the popularity of DeFi , NFT , as well as now the IDO boom, as there were an ICO and IEO at the time.
What is the difference between IDO, ICO, and IEO?
IEO and IDO in general are the same, except for the platform that hosts the fundraising process. Speaking of ICO - a project takes full responsibility to manage transactions and operations on an inner platform. If it’s IEO - a centralized exchange host the “ICO” in-house. IDO is the ICO and IEO both in one, but a centralized exchange is replaced with decentralized.
IDO has a great advantage on IEO because for IEO you need to pay exchange fees, which is raising up and up as the market develops. For IDO you do not need anybody’s permission. It's a synonym of decentralization - instead of exchanges, community members are the ones who vet projects and tokens. It opens new horizons.
Unlike 2017 (ICO time), platforms have appeared that select options and provide an opportunity to invest in projects such as Coinlist, Poolz, A2DAO, DAOMaker DuckDAO, Binance Launchpool, etc.
Bulk has been active on the market for over 4 years and has attracted millions $ to fund seed and private rounds.
Expected to be released of a similar platform soon — Bulk Network . They have impressive examples where they have participated in such startups. As a rule, such projects have turned a profit.
New projects give such platforms small allocations to raise funds in which many want to participate. Allocation is an allotment of tokens or equity, that may be earned, purchased, or set aside for a certain investor, team, group, organization, or other related entity. This happens in the form of a lottery. Usually, the retail investor is allocated from $100 to $1000 since the demand is very high.
Last time on Coinlist there was a queue of 400 thousand active accounts to take part in Casper. It was crazy
The market is bubbling. There are many opportunities to make money.
Naturally, investing is fraught with risks, so use money management.
Best regards EXCAVO
1.4.2021 - Aave (AAVE / USDT)Hi Traders!
It's time for a specific trade, which we will implement today on the daily chart. AAVE is a strong DeFi coin that has a good fundament and in addition, we will trade it against USDT.
What is the difference in trading against USDT and BTC? If bitcoin grows, the altcoin will grow more slowly against BTC, which poses a certain risk. However, if the BTC grows, the altcoin will probably also grow against the USDT. This is the basic formula of the market.
On the chart, we see a very simple setting, which has been working great in recent months and I use it in trading constantly. We have strong support from below and in percentage terms, we have fallen by about 50% from the top, which in the bull market represents a sufficient correction. The correction lasted 43 days, which we also consider sufficient.
We are currently above the trend line and above the moving average , so in my opinion, it is only a matter of time before a stronger movement comes. This is also indicated by trading volumes, which declined steadily during the correction.
I would set the first target to the previous maximum - about 526 USDT and the second somewhere in the zone just below 700 USDT (for me exactly 698 USDT).
There are more similar opportunities on the market and it is a good chance that if the bull run continues, these coins will grow.
May the crypto be with you!
REP AugurAugur Old perspective project
Forming bullish patterns
I waiting for 161.8% fibo
RSI looks good
Best regards EXCAVO
BitcoinTechnically: locally BTC in the downward channel. There is solid support near the lower boundary. I expect a rebound to the middle line of the channel. There is a strong resistance around 38.2% Fibonacci levels.
Fundamental News:
1. Biden's announcement of a new stimulus package of $3 trillion, respectively, a little of these funds should go to a non-inflationary instrument - Bitcoin.
2. Elon Musk with Tesla cars for Bitcoin.
3. Acceptance of Bitcoin all over the world by big players. This correction only plays into their hands for accumulating more volume.
Best regards EXCAVO
The Market Cycle of EmotionsWhen things are great, we feel that nothing can stop us. And when things go bad, we look to take drastic action. Because emotions can be such a threat to an investor's financial health, it is important to be aware of them. This awareness can then protect you from the negative consequences of impulsive and irrational reactions to these emotions.
1: Optimism, thrill and euphoria
Investors all start with optimism. We commonly expect things to go our way, or we tend to expect a return for the risk of investing.
As expectations are met, it is common to get excited about the possibility of even greater returns and the excitement becomes thrilling as the returns exceed expectations.
At the top of the cycle is when investors experience euphoria. But it is here where investors are at the point of maximum financial risk. When we believe everything we touch turns to gold , we fool ourselves into believing we can beat the market, we cannot make mistakes, that excessive returns are commonplace and that we can tolerate higher levels of risk.
2: Complacency, denial, hope
The second phase of the cycle occurs when the market stops meeting our new lofty expectations and begins to turn. At first, we anxiously watch the market for any signs of direction. Anxiety turns to denial and then quickly to fear, as the value of the investments decline. Many people will then start to act defensively and may think about switching out of riskier assets to more defensive shares or other asset classes such as bonds.
3: Panic, capitulation, despondency
In the third phase of the cycle, the realities of a bear market come to the fore and an investor may become desperate. Many panic and withdraw from the market altogether – afraid of further losses. Those who persevere become despondent and wonder whether the markets are ever going to recover and whether they should be there at all.
Ironically, at these times, an investor will commonly fail to recognize they are actually at the point of maximum financial opportunity.
4: Skepticism, caution, worry
In the fourth stage of the cycle, investors may experience some skepticism when markets start to rise. They often have a sense of caution or worry, wondering if market growth will last.—and may be reluctant to invest money in the market at a point when prices are still relatively low and opportunities are attractive.
What are the consequences of this emotional roller-coaster?
Emotions turn rational investors into irrational investors. So it is important to remember that markets move and investments will always go in and out of favour.
Developed, diversified long-term financial plans are placed in jeopardy when investors are confronted by extraordinary events because we are guided by our emotions. This is where the role of the financial advisor is of utmost importance – your advisor can help you separate your emotions from reality and endeavour to steer you on the path of rational investing.
You can also help to avoid the emotional roller coaster by being aware of the emotions you are likely to experience. The five most common behavioural pitfalls are:
Overconfidence – when investors over-rate their ability to select winning shares or investment managers.
Loss aversion – research indicates a loss causes about twice as much pain as a gain causes pleasure. During periods of market volatility investors experience the sense of loss more acutely.
Chasing past performance – we see this time and time again, but unfortunately, individual investors who abandon a well-diversified portfolio for bonds, or even cash, may be jeopardizing their future financial security.
Timing the market – It is difficult to correctly predict the market's movements.
Failure to rebalance – the risk/return characteristics of an investor's portfolio should be independent of what's happening in the market and this means selling high and buying low.*
The temptation to fall into one of these traps can be resisted by developing and committing to a well defined, long-term investment plan. This may be the best way to protect yourself from your emotions.
Diversification does not assure a profit and does not protect against loss in declining markets.
People do not change over time. Information and actions of the consonant received information people do the same actions.
Best regards EXCAVO
DeXeDEXE/BUSD formed a triangle
after we break it we can see the price 50 + $
RSI oversold
DEXE network release new product
Best regards EXCAVO
17.3.2021 - UMA (UMA / BTC)Hi Traders!
Even smaller cryptocurrencies do not escape our attention, and today we will explain a specific pattern on one of them - "cup and handle", or a round bottom.
What is a cup and handle?
It is one of the basic and very popular patterns. You won't find it on the charts as often as, for example, a triangle, wedge or other well-known patterns. It is really quite rare, but it has a high success rate and RRR (Risk to Reward Ratio). We can already tell from its name that this is the bottom and it should be nicely rounded.
You can also see the cup and handle on the UMA / BTC pair. Typical for this pattern is that it is very difficult to draw trendlines, as well as the fact that volumes are starting to increase at the bottom (in our case, they did not yet). It is these increasing volumes that the demand for a given cryptocurrency increases. After completing this pattern, the chart should look like a bowl - ideally as symmetrical as possible.
UMA / BTC
We see one very nice round bottom on this pair. I would expect growth in the coming weeks and months. In terms of numbers, it could be a growth of about + 150% . Sometimes the whole movement is done through one big pump and other times it goes into the shape of a symmetrical bowl. In any case, from the point of view of a possible evaluation, this is a cryptocurrency, to which you should pay increased attention in the near future.
May the crypto be with you!