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Cardano ($ADA) Analysis By imRedaSouhail.#Cardano Analysis🧩 // We've seen the $1 level pushing multiple times the Cardano's price up...The last time was 19days ago since then, the $ADA price went all the way up to $1.4880 But the price couldn't break that resistance at this previous level and we see the price making a retracement bouncing over the $1.280 support level... For a long Buyer needs to wait for a break of the descending daily trendline and a retest of our previous sideways range resistance to go long. At the moment Cardano's price is at a bearish market. ----- ISMASHPROFIT 💎
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$STORJ Analysis By imRedaSouhail.#STORJ Analysis🧩 // The $STORJ bounced over the last two resistances at $0.82 & $0.92 and making it a support level at the 4H time frame. $STORJ is forming an uptrend on the High time frame (4h) and looking at the Short Term frame of 30min where we see a price consolidation around $0.97 & $0.94. If We sow The price pushing outside the consolidation area our uptrend will continue its rally. Our first target price is $1.00 the second one is $1.10. -------- ISMASHPROFIT 💎
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$MATIC/USDT Binance 1H by imRedaSouhail.#MATIC Analysis🧩 // The trading range of the Uptrend channel had shown us many breakouts of resistances...Matic Bounced up from the support level at the $1.09 line indicating a buying opportunity and Matic did a great job breaking the $1.14 resistance which shows a good buying signal...my exêctations are : + A break of The $1.16 resistance and see the price going all the way up to $1.20. + A retest of The $1.16 resistance and going back to the lower trend line support ----- ISMASHPROFIT 💎
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$SCRT/BTC Binance 4H by imRedaSouhail.Secret is the native coin of the Secret Network, a decentralized network for private / secure computation. Nodes on the network (known as secret nodes) can perform generalizable computations over encrypted data, which allows smart contracts (known as secret contracts) to use private and sensitive data as inputs. Our focus is on computational privacy, not just transactional privacy. Developers can build decentralized, privacy-preserving "Secret Apps" on the network. The privacy functionality of the Secret Network is critical for many fields, including decentralized finance, Web3, machine learning, access control, and many more. The Secret Network is supported by many independent development teams and entities, including Enigma, Secret Foundation, Secretnodes.org, Chain of Secrets, and more. $SCRT Will Be listed on BitMart ! (13/06/2021)
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$LINK/USDT Binance 4H by imRedaSouhail.What Makes Chainlink Unique? Chainlink is one of the first networks to allow the integration of off-chain data into smart contracts. With many trusted partners, Chainlink is one of the major players in the data processing field. Due to the integration of off-chain data, Chainlink has attracted the attention of numerous trusted data providers, including Brave New Coin, Alpha Vantage and Huobi. Data providers can sell access to data directly to Chainlink, thus monetizing the information they have. As a decentralized network, Chainlink allows users to become node operators and earn revenue by running critical data infrastructure required for blockchains’ success. Chainlink uses a large collection of node operators to collectively power a wide range of decentralized Price Feed oracle networks live in-production, which currently secure billions in value for leading DeFi applications like Synthetix, Aave, yEarn and more.
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$BTC/USDT Binance Weekly chart by imRedaSouhail.A third consecutive weekly close above our $34,000 key support, signaling the market has an extremely low intention of heading below on the weekly. Every single attempt to break and close below the $34,000 level on the weekly has failed and now it looks like the bulls are taking some control. The probable now from our current situation is a move up to the next long-term resistance level, $41,000 from where we might see the $51,000 level before reaching All-Time High again. This move will likely take at least 3-4 weeks if we are to head up there straight from our current range. On the other hand, another break below $34,000 would likely penetrate this already weakened level into a low. Stay Safe!...imRedaSouhail.
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$MATIC/USDT Binance 4H by imRedaSouhail.What Is Polygon (MATIC)? Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. Using Polygon, one can create optimistic rollup chains, ZK rollup chains, stand alone chains or any other kind of infra required by the developer. Polygon effectively transforms Ethereum into a full-fledged multi-chain system (aka Internet of Blockchains). This multi-chain system is akin to other ones such as Polkadot, Cosmos, Avalanche etc. with the advantages of Ethereum’s security, vibrant ecosystem and openness. The $MATIC token will continue to exist and will play an increasingly important role, securing the system and enabling governance. Polygon (formerly Matic Network) is a Layer 2 scaling solution backed by Binance and Coinbase. The project seeks to stimulate mass adoption of cryptocurrencies by resolving the problems of scalability on many blockchains. Polygon combines the Plasma Framework and the proof-of-stake blockchain architecture. The Plasma framework used by Polygon as proposed by the co-founder of Ethereum, Vitalik Buterin, allows for the easy execution of scalable and autonomous smart contracts. Nothing will change for the existing ecosystem built on the Plasma-POS chain. With Polygon, new features are being built around the existing proven technology to expand the ability to cater to diverse needs from the developer ecosystem. Polygon will continue to develop the core technology so that it can scale to a larger ecosystem. Polygon boasts of up to 65,000 transactions per second on a single side chain, along with a respectable block confirmation time of less than two seconds. The framework also allows for the creation of globally available decentralized financial applications on a single foundational blockchain. The Plasma framework gives Polygon the potential of housing an unlimited number of decentralized applications on their infrastructure without experiencing the normal drawbacks common on proof-of-work blockchains. So far, Polygon has attracted more than 50 DApps to its PoS-secured Ethereum sidechain. MATIC, the native tokens of Polygon, is an ERC-20 token running on the Ethereum blockchain. The tokens are used for payment services on Polygon and as a settlement currency between users who operate within the Polygon ecosystem. The transaction fees on Polygon sidechains are also paid in MATIC tokens. Who Are the Founders of Polygon? Polygon (formerly Matic Network) was launched in October 2017. Polygon was co-founded by Jaynti Kanani, Sandeep Nailwal and Anurag Arjun, two experienced blockchain developers and a business consultant. Before moving to its network in 2019, the Polygon team was a huge contributor in the Ethereum ecosystem. The team worked on implementing the Plasma MVP, the WalletConnect protocol and the widely-used Dagger event notification engine on Ethereum. The team included co-founder of Polygon, Jaynti Kanani. Jaynti, a full-stack developer and blockchain engineer currently serves as the CEO of Polygon. Jaynti played an integral role in implementing Web3, Plasma and the WalletConnect protocol on Ethereum. Prior to his blockchain involvement, Jaynti worked as a data scientist with Housing.com. Co-founder and chief operations officer of Polygon, Sandeep Nailwal is a blockchain programmer and entrepreneur. Before jointly starting Polygon (formerly Matic), Sandeep had served as the CEO of Scopeweaver, and the chief technical officer of Welspun Group. Anurag Arjun is the only non-programming co-founder of Polygon. As a product manager, he has had stints with IRIS Business, SNL Financial, Dexter Consultancy and Cognizant Technologies.
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Here we go...$BTC Analysis // 4H Binance.What is Bitcoin (BTC)? Bitcoin is a decentralized cryptocurrency presented in a 2008 white paper by an individual (or a group of individuals) acting under the pseudonym Satoshi Nakamoto. Its launch took place in January 2009. Bitcoin is a peer-to-peer cryptocurrency, where all transactions take place between equal and independent participants, without having to be authorized or facilitated by an intermediary. Bitcoin was created, in Nakamoto's words, so that "online payments are sent directly from one party to another without having to go through a financial institution." Concepts similar to a decentralized digital currency predate BTC, but Bitcoin has the distinction of being the very first cryptocurrency to come into use.
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$ETH/USDT Binance 4H by imRedaSouhail.Ethereum is a decentralized and open-source blockchain system that has its own cryptocurrency: Ether. ETH acts as a platform for a multitude of cryptocurrencies but also for the execution of smart contracts. It was in 2013 that Vitalik Buterin first described Ethereum in his white paper. Mr. Buterin and the other co-founders provided funding for the project through a public online fundraiser during the summer of 2014. They officially launched the blockchain on July 30, 2015. Ethereum's goal is to become a global platform for decentralized applications; it must enable users around the world to write and run software that resists censorship, downtime, and fraud.
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$MATIC/USDT Binance 4H by imRedaSouhail.Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. Using Polygon, one can create optimistic rollup chains, ZK rollup chains, stand alone chains or any other kind of infra required by the developer. Polygon effectively transforms Ethereum into a full-fledged multi-chain system (aka Internet of Blockchains). This multi-chain system is akin to other ones such as Polkadot, Cosmos, Avalanche etc. with the advantages of Ethereum’s security, vibrant ecosystem and openness. The $MATIC token will continue to exist and will play an increasingly important role, securing the system and enabling governance.
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$DOT/USDT Binance 4H by imRedaSouhail.About Polkadot (DOT) project : Polkadot is an open-source multi-chain sharding protocol that facilitates the transfer of data or assets (and not just tokens) between multiple chains, thus ensuring the interoperability of multiple blockchains between them. This interoperability aims to establish a fully decentralized network, private and controlled by its users, and to simplify the creation of new applications, new institutions, and new services. The Polkadot protocol bridges the gap between public and private channels, open networks (permissionless), oracles and future technologies, allowing these independent blockchains to exchange information and transactions with confidence through the relay chain. Polkadot (explained below). Polkadot's native token, the DOT, has three clear goals: to provide governance and network operations, and the bonding of parachains (parallel chains). The Polkadot has four fundamental elements: Relay Chain: the core of Polkadot which contributes to the creation of a consensus, to the interoperability, and to the securing of the networks of the various chains; Parachains: independent chains that can have their own token and be optimized for specific use cases; Parathread: similar to parachains but with flexible connectivity based on a pay-as-you-go business model. Bridges: Allows parachains and parathreads to connect and communicate with outside blockchains like Ethereum .
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$DOGE/USDT Binance 4H by imRedaSouhail.About Dogecoin: The Dogecoin (DOGE) is inspired by the famous “doge” meme which represents a Shiba Inu which appears on its logo. This open-source cryptocurrency is created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia. It was the result of a Litecoin fork in December 2013. The creators of Dogecoin imagine it as a “fun” and lightweight cryptocurrency that could prove to be very attractive to the target audience of Bitcoin, given that it is based on the dog's meme. Tesla CEO Elon Musk says on Twitter that Dogecoin is his favorite token.
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$ICX/USDT Binance 4H by imRedaSouhail.About the ICON($ICX) project : ICON is a decentralized blockchain network focused on interoperability. With ICON’s “blockchain transmission protocol”, independent blockchains like Bitcoin and Ethereum can connect and transact with each other. This opens up cross-chain use cases that are impossible without an interoperability layer like ICON. ICON Network describes itself as a general-purpose blockchain protocol based on the native cryptocurrency ICX that can run smart contracts, adopt the BFT-DPoS (Delegated Proof-of-Stake) consensus protocol, and use an economic-governance protocol called DPoC (Delegated Proof-of-Contribution). The ICON Network is powered by a proprietary blockchain engine called 'loopchain' and has the ability to handle hundreds of transactions per second. The ICON project was started to ensure the integrity and transparency of data shared between institutions and companies, and to move mutual assets on heterogeneous blockchains without a centralized organization. In the long term, ICON Network aims to become an 'interchain' that connects multiple blockchains based on BTP technology.
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$LTO/USDT Binance 4H by imRedaSouhail.What Is LTO Network (LTO)? LTO Network is a hybrid blockchain platform for decentralized workflows and business process automatization. Thanks to a solution based on live contracts, companies can enter into and carry out transactions, exchange information with each other, organize supply chains, delegate data processing and more, simultaneously and without relying on trust. LTO Network, formerly known as LegalThings One, was established in May 2014 as a subsidiary of Firm24. For several years the main goal of the project has been to implement simple legal transactions on the blockchain. Conceptually, it is based on the interaction between private and public blockchains. LTO Network provides the following kinds of assistance: the facilitation and control of the entire transaction process, the exchange of information between parties, the creation of business supply chains and the secure transfer of data to third parties. By removing the need to depend on the human factor in business transactions, LTO Network is expected to allow companies to focus on improving the efficiency, transparency and security of their business.
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NZD/JPY forecast by imRedaSouhail.This represents the quotation of the exchange rate of the New Zealand dollar - Japanese yen pair. The NZD (the 'base currency') is quoted according to the JPY, the 'counter currency' (or quoted currency). The yen has traditionally been a low-yielding currency, making it attractive for funding carry trades - traders borrow cheaply in JPY and invest in higher-yielding currencies like NZD. Investors tend to favor carry trades when stability and economic performance are the subject of optimism. Conversely, they will shy away from them in times of market stress. The evolution of broad market sentiment is therefore likely to have an impact on the NZD / JPY pair.
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