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Ovoa

Will OvOa be able to maintain upwards momentum?OvOa demonstrates a good upward dynamics since inception. Despite heavy selling pressure in the last few days it was able to stay above the important 1.30 support level. In case it break up and closes above 1.50 resistance zone it seems like a good LONG position. Potential swing trade setup: - LONG entry at ~1.40 additional entry at ~1.30, SL 1.25 - 1.80 partial TP, set SL at entry - 2.30 set trailing SL or close entire position Just my personal opinion, please do your own research before making decisions!
OLong
by ArchiTrader80
2
Uniswap's theovoridea -> 1 OvOa = 2 ETH in the next buyback?just a litle trend exercise.... probably not, but... who knows Next buyback will be hitting on DEC. 15th Data taken From: andr3.gitbook.io Blockchain: ETHEREUM ERC-20 Token Contract: 0x96dd2c778fb281294fa9c1d2b8af3b47369306f2 Total Supply: 1,000,000 OvOa Circulating supply (on Dec. 6th): 1.791,3 OvOa Nature: Central-controlled deflationary compounder Marketing and Community Rewards: None Development Fund: None Pre-Sale: None Private-Sale: None Initial Uniswap liquidity: 4 ETH <-> 40 OvOa CoinmarketCap: coinmarketcap.com
OLong
by The_Bitmex_Scalper
OvOa Token: Preparation to the next buyback at uniswapA techinical and fundamental bullish analysis of TheOvORide series A on uniswap: info.uniswap.org Both good buying pressure and The next buyback schedulled to December 5th Its hard to say there is no good spot to buy that tokens because both fundamentals and technicals are in ouw side. More info about the ovoa token can be found in andr3.gitbook.io Why It's different: Standard DeFi projects get their profits from fees, liquidity services, lending, borrowing, or plain ponziness. OvO gets profit from High-Frequency Trading and Fee Rebate-Farming from the crypto derivative exchange Bybit. Where is the Value: I believe that for anyone to win, somebody else needs to lose. With several hundreds of new DeFi projects around, it's close to a gamble to join a pure ponzi scheme or a fundamentally sounded project. The money-losing side that gives us the consistent alpha are the ETH/USD traders and algorithms that make mistakes. 95% of traders end up losing money and 99% of traders pay fees to the exchange. My market making algorithm capitalizes on both. Ofering liquidity services to the exchange and receiving 0.05% of our trading volume back. Each new buy of OvOa in ETH on Uniswap generates three simple forces: -> 10% price increase that rewards investors that entered before and hold the token ->45% pooled tokens that increase depth and liquidity ->45% ETH sent to Market-Maker Bot on Bybit. Every 10 days, the Bybit's Acc. buyback the OvOa tokens directly from the Uniswap pool. This increases the token price as a ratio of the bot's performance. Why it's good for the dev/b] I don't think fee rebate for market-making gonna last forever (Binance doesn't offer it, Deribit already ended it) so it's a matter of time until this consistent way of making funds comes to an end. I want to get the maximum value I can while this profit-making window exists, so I opened the bot capital to investors to stake me in exchange for equity of 70% of the bots profit. The tokenization of the trading allows me to protect the intellectual property of the trading logic and indicators while allowing multiple investors to enter and exit with minimum bureaucracy. Why it's good for the investor The tokenization mitigates the risk of full custody, as you are free to increase or decrease exposure to the bot simply by buying or selling the token on Uniswap The market-making nature of the bot supersystem creates a predictable and steady income. The Token will get value even if everyone decides to dump it. The system is antifragile as any sell creates another opportunity window for getting cheaper tokens. The risk-reward of the market-making bot is better than API bots as I can have a better management system.
OLong
by The_Bitmex_Scalper