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DOTBTC : POLKADOT POSITION TRADEPolkadot: Networking For Blockchains The Polkadot blockchain aims to provide interoperability and security to other blockchains, helping to solve issues like scalability. In a multi-blockchain world, interoperability could be a potentially valuable function. If a small number of blockchains becomes dominant this value proposition will be significantly weakened though. Polkadot is currently the leading interoperability blockchain, but its value is uncertain and dependent on how the blockchain ecosystem evolves in the future. SOURCE: Richard Durant, Polkadot: Networking For Blockchains, Mar. 08, 2021 11:38 PM ET, SeekingAlpha seekingalpha.com Polkadot: Can DOT 10x in 2021?? DEEP DIVE!! (Video) SOURCE : COIN BUREAU, Jan 12, 2021, YouTube www.youtube.com
Long
by TradingMavericks
XLMUSD : COIL / POSITION TRADEPut simply, Stellar is an open network that allows money to be moved and stored. When it was released in July 2014, one of its goals was boosting financial inclusion by reaching the world’s unbanked — but soon afterwards, its priorities shifted to helping financial firms connect with one another through blockchain technology. Fees are a sticking point for many. However, high costs when making cross-border payments aren’t just exclusive to fiat-based payments solutions such as PayPal — transaction fees have also been known to go through the roof on the Bitcoin and Ethereum blockchains because of congestion. Stellar is unique because every transaction costs just 0.00001 XLM. Given how one unit of this cryptocurrency only costs a few cents at the time of writing, this helps ensure that users keep more of their money. Few blockchain projects have managed to secure partnerships with big-brand technology companies and fintech firms. A few years ago, Stellar and IBM teamed up to launch World Wire, a project that allowed large financial institutions to submit transactions to the Stellar network and transact using bridge assets such as stablecoins.
BINANCE:XLMUSDLong
by TradingMavericks
2
ADAUUSD : COIL / POSITION TRADECardano’s latest protocol update will be a game-changer and could play a key role in triggering the ascent for the ADA price. Alonzo promises major makeover IOHK, the development team behind Cardano, announced the next protocol level update for Cardano, known as “Alonzo.” The roadmap reveals that this upgrade will arrive in the summer of this year. The recent announcement reads, Alonzo will add support for smart contracts – digital agreements – to Cardano about four months from now. It will open up opportunities for businesses and developers, by allowing the creation of smart contracts and decentralized applications (DApps) for decentralized finance (DeFi). The latest announcement comes after Cardano received two critical updates, the multi-asset support functionality and the Plutus platform. These updates will serve as a foundation on which the Alonzo update will be built. This development will be implemented using IOHK’s hard fork combinator technology and will make Cardano a versatile platform for building smart contracts that fuel business needs. TECHNICAL ANALYSIS: ADA has been consolidating for the past 6 weeks. A conviction break-out and close above its 2018 high could potentially signal the beginning of the next rally. Additional Reference : youtu.be
BINANCE:ADAUSDLong
by TradingMavericks
3
LINKUSD : COIL / POSITION / SWING TRADEChainlink is a decentralized oracle network that brings off-chain data into an on-chain format, bridging the gap between the isolated blockchain and real-world data. It aims to ensure that the external information (pricing, weather data, event outcomes) fed to smart contracts remains untampered with. Chainlink is built on top of the Ethereum blockchain and Chainlink (LINK) is the native token of the protocol. LINK is used to pay Chainlink network operators for their services. Smart contracts are the “If-This, Then-That” software code through which instructions will be executed when specific conditions are met. However, smart contracts can read only on-chain data. For smart contracts to read real-world data, they must find a way to connect and synchronize with external data sources. This is where oracles are used as the ‘bridge’ that allows off-chain data to be made available on-chain. The Chainlink protocol is a decentralized network of nodes that enables real-world data to be made available on-chain. Chainlink’s main users are project developers who want to integrate Chainlink into their projects or those who want to sell their data and become part of the participating nodes. Some of the notable players participating in the Chainlink ecosystem include Aave, Synthetix, Yearn.Finance, and Google. 29 Projects Integrated With Chainlink : decrypt.co Deep Dive on Chainlink and Risks : youtu.be Source : Coin Bureau, www.youtube.com
BINANCE:LINKUSDLong
by TradingMavericks
ATOMUSD : COIL / SWING / POSITION TRADEThe Internet of Blockchains. Cosmos is an ever-expanding ecosystem of interconnected apps and services, built for a decentralized future. The long-awaited vision of the Cosmos blockchain has now been realized, as holders of the ATOM (+9.69%) token have voted through inter-blockchain communication (IBC), enabling assets to transfer easily between blockchains. The final vote to enable the feature was 112 million to 75, overwhelmingly in support of activation. In the simplest terms, IBC enables messages to travel between blockchains that have implemented the standard. The most obvious use case in crypto is sending messages to transfer tokens off one chain and onto another. SOURCE: www.coindesk.com Cosmos (ATOM): Start of a BIG BANG for DeFi?? : youtu.be SOURCE : COIN BUREAU, www.youtube.com
BINANCE:ATOMUSDLong
by TradingMavericks
SILJ : RESET / POSITION TRADESILJ is likely to outperform the metal on the next leg higher Now could be the perfect time to purchase silver mining shares on a scale-down basis before the next leg to the upside. Silver mining shares tend to outperform the price of silver on the upside and underperform during price corrections. Therefore, they act as leveraged tools for the silver market. Most leveraged products involve time decay as they use put and call options to create the gearing. However, silver mining shares have no expiration dates. The leverage comes from the ability to extract more silver at higher production costs from the earth's crust as the price of the metal appreciates. As we return to a more normal economy, we are going to face challenges. No one knows what is ahead. The 10 year note is beginning to indicate that there are some inflationary pressures. Rates have hit 175 as a recent high. The 10 year note is anticipating inflation. But interest rates cannot go up. In the 1970s, even though we had inflation, the debt was not that much of a problem and the US dollar had just come off the gold standard, so we could print a lot of money. Today, we are in a very different situation. We have massive debt of almost $30 trillion and the US dollar has lost most of its value. As the government prints more and more money, the dollar will continue to lose value, and gold and silver are becoming increasingly attractive investments. REFERENCES : EQUITY MANAGEMENT ACADEMY, 17 Apr 2021, SeekingAlpha seekingalpha.com ANDREW HECHT, 23 Mar 2021, SeekingAlpha seekingalpha.com
AMEX:SILJLong
by TradingMavericks
2
POLKADOT : DOTUSD NEW BASE / POSITION TRADEPolkadot: Networking For Blockchains The Polkadot blockchain aims to provide interoperability and security to other blockchains, helping to solve issues like scalability. In a multi-blockchain world, interoperability could be a potentially valuable function. If a small number of blockchains becomes dominant this value proposition will be significantly weakened though. Polkadot is currently the leading interoperability blockchain, but its value is uncertain and dependent on how the blockchain ecosystem evolves in the future. SOURCE: Richard Durant, Polkadot: Networking For Blockchains, Mar. 08, 2021 11:38 PM ET, SeekingAlpha seekingalpha.com Polkadot: Can DOT 10x in 2021?? DEEP DIVE!! (Video) SOURCE : COIN BUREAU, Jan 12, 2021, YouTube www.youtube.com
BINANCE:DOTUSDLong
by TradingMavericks
1
LINKUSDT technical chypher pattern ~ Position projection• Technical analysis regarding the price of CHAINLINK for the next scenarios, based on daily movement. • The price comes in an upward trend, with higher tops, made its correction, returned to form an ascending top and made another correction, which can be analyzed by the cypher graphic pattern, where the projected price for this bullish reversal is at 19.784, there may be strong momentum in these moments of the altseasons. disclaimer *** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***
Long
by luizhcruz
GBPAUD Long term analysisHello Traders,it's been a while since I uploaded an idea. Kindly like this idea if you love it and leave your thoughts in the comment section I feel the smart money are playing in the range on the Great British Pound/Australian Dollar pair. We can see a stop hunt to the upside trapping early buyers and stopping out shorts. It has now broken out of the range into an OB+Bullish breaker where we could expect to see higher prices FOLLOW OUR IDEA UPDATES FOR MORE PRECISE ENTRY TRADES WITH ZERO DRAWDOWN OR I'LL ASK YOUR BROKER TO GIVE YOU A MARGIN CALL :-)
Long
by wallstreetcartel
6
GNTBTC Flagging prep for breakout GNTBTC - Looking for new entry after taking profit on the first break out of consolidation. I'm still very bullish on this one long term. Waiting for a BCR of the flag & resistance. Trading on the daily but watching on the 4hour for bullish momentum. I'm bullish on this long term because of the project as well as the total and circulating supply. About Golem Golem (GNT) is a peer-to-peer decentralized marketplace for computing power. The project aims to be an alternative to centralized cloud service providers with its lower price point and open-source community of developers. The Golem network pools global computing power and enables users to access these resources with GNT. Token holders pay resource owners to complete tasks requiring computational resources. The network is composed of the aggregated power of user devices. Golem is reportedly able to compute tasks that run the gamut from CGI rendering to machine learning. Transactions between participants are deemed to be safe because computations take place in sandbox environments that are sequestered from hosts’ systems. Source: coinmarketcap
GLong
by TradeTravelChill
GNTBTC Long term long opportunity showing the bulls have arrivedGNTBTC Good long term opportunity. Been in consolidation for a few months, creating a W formation within the channel. Completion of this pattern is happening now. Last night we poked above my area of interest at around 772 and I’m now looking for a solid bodied candle close above this area and then a retest on the daily which is where I will take an entry. EMA’s have crossed bullish and started to turn up also, giving me confidence in this trade. Many targets along the way from 68-over 570% potential profit. Will reassess at each level.
GLong
by TradeTravelChill
GBTC POSITION TRADEGBTC POSITION TRADE Narrative, Use Cases, and Addressable Market can be found on the following link (pages 74-80): www.slideshare.net Position Trade: Grayscale Bitcoin Trust (GBTC) enables investors to gain exposure to the price movement of Bitcoin through a traditional investment vehicle, without the challenges of buying, storing, and safekeeping Bitcoin. grayscale.co From a technical analysis perspective, a consolidation from the break of its major trend line indicates a beginning of an uptrend. Bitcoin is currently finding support above its 10-day moving average price. With all moving averages pointing up, it also indicates that a longer-term uptrend may well be in place. Fibonacci Price Extension indicates a potential price target close to its previous years high, suggesting a 24%-29% profit potential from its current price on the short to medium term. But considering that this may just be the beginning of a long term uptrend, multiple profits on future set-ups can be made if/when it continues to find support above its 50-day moving average. Triggers for entering a trade include acceleration of On-Balance Volume which signals an increase in buying pressure pushing the price higher, and ADX accelerating to 30 which indicates a build-up on the momentum of price action.
GLong
by TradingMavericks