Protocol
Anchor Protocol — a TERRA project$ANC yields stable and attractive - powered by staking returns from multiple Proof of Stake blockchains
GET - a small crypto which is breaking out.Take a look at the chart of GET. After spending ages going nowhere its price is starting to wake up. It still hasn't reached the $7 peak seen in 2017.
GET is used to prevent ticket scalping (The practice of buying up 100s of tickets to an event and re-selling them at an egregious profit).
It is invisible to the typical event attendee. They just see a ticket in an app on their phone. However that ticket is powered by €0.28 of GET. After the ticket has been used, the GET is burned.
All the GET which will ever exist have already been issued. Due to the burning, GET is a deflationary token.
As a "white label" product. any ticketing company can use the GET Protocol. 4 ticketing companies have starting using GET.
In 2021 GET is selling more tickets than ever before - despite the lockdowns. When the lockdowns are over, think how many more tickets will be sold. That means more demand for GET and more GET burned.
GET featured in a YouTube video on 12/3/2021. www.youtube.com
Injective Protocol / BNBThis may not appear to be the best looking chart, but fundamentally it's a great idea. Injective Protocol (INJ) had a lot of success early on, as it offers a service to the blockchain industry as a whole. Its value is in its technology. Where impossible before, a decentralized exchange can now properly document liquidity of assets, and we can get a more accurate reading of prices per DEX now. Cross Chain Dex became a reality shortly after. INJ has a lot to offer in the derivatives field too.
So what's with the chart? BNB is the more famous of the two, as Binance Smart Chain smartly both laid out their marketing campaign, and attacked Ethereums high gas fees, drawing global attention.
2 things are about to happen that will help shape this trade:
1) Ethereums gas fees will reduce as Ethereum implements their controversial restrictions on earning specific mining fees, which actually benefits the traders in this case. This will draw some traders away from BNB back to Ethereum as they chase their gains.
2) Injective Protocol is going to release their Mainnet.
INJ has been hovering around the $12 USD mark after blasting up to $20 from $0.67. This represents a temporary profit taking, and will be traded again at high velocity. Fundamentally, I am behind this trade.
BAND Protocol moonshot to 30 !!After forming a real huge cup and handle BAND Protocol is set to explode after breaking its previous strong resistance.
I think it might be a easy 30 dollar in the upcoming days since BTC and ETH are constantly making aths, altcoins should follow.
And these kind of long term cup and handles are always promising in my opinion.
not a trading advice :)
After partnership with Amazon, Origin Protocol will go parabolicFlag is already forming.
Link to amazon news: aws.amazon.com
Band 2021 price targets With a current circulating supply of 20,494,033 Band tokens and a max of 100,000,000 Band tokens, it will be very interesting to see Band, which Is also in the Oracle tech space as Chainlink, compete and carve out its own market share. Chainlink has 405 million tokens in circulation with a max of 1 Billion. I believe that Band is on the Cosmos platform and also rewarding its users with a handsome staking reward which is an incredible incentive for long-term holding. Right now Band is in a similar channel as many other Altcoins and several price targets are a possibility given the scarcity, the backing of Band by well-known investors, and the growing Oracle/Dataspace.
Could Band achieve between $250 and $1,000 on this next Bitcoin bull run? We will see.
$BAND/USDT 3h (Binance Fut.) Parallel channel facing resistanceBand Protocol lost its support, I believe it will retrace down further to lower-line or near after a last impulse.
Current Price= 8.7404
Buy Entry= 8.7397 - 8.9909
Take Profit= 8.2719 | 7.7735 | 7.1819
Stop Loss= 9.3710
Risk/Reward= 1:1.2 | 1:2.19 | 1:3.37
Expected Profit= +13.50% | +24.72% | +38.06%
Possible Loss= -11.28%
Fib. Retracement= 0.618 | 0.786 | 1
Margin Leverage= 2x
Estimated Gain-time= 240h
$NEAR/USDT 2h (Binance Futures) Descending channel breakoutNear Protocol broke out of that parallel channel and is retesting it right now.
I expect a bounce on it since it's seems to be a bullish flag to me!
Current Price= 2.5011
Buy Entry= 2.5113 - 2.4101
Take Profit= 2.7717 | 3.0259 | 3.3859
Stop Loss= 2.2527
Risk/Reward= 1:1.5 | 1:2.72 | 1:4.45
Expected Profit= +25.28% | +45.94% | +75.20%
Possible Loss= -16.90%
Fib. Retracement= 1 | 1.272 | 1.618
Margin Leverage= 2x
Estimated Gain-time= 180h
OCEANUSDT - Strong consolidation, expect joining ATH club soon. OCEAN USD is consolidating since 15th August 2020.
The all-time high of around 74 cents is yet to be broken.
The market is nicely set up to take on the ATH in the short term.
The increasing volume since December shows that the project is in the interest of investors and 0.63 Fibonacci line
was tested on 19th January and it has set higher high and higher low in the last two swings.
The break above 73 cents in the next week or so clearly confirms that OCEAN USD is going out of control.
1.68 Fibonacci line is inevitable at this point. Considering how the market is moving for alts, I would not be surprised if it does a 4x in the next 3-4 months.
However, I will personally start taking profits starting around $1.1 USD and wait for a rebound from Fibonacci (1) line after hitting the target.
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As always just my personal opinion considering the market conditions, not investment advice.
Thank you for your time.
Good luck trading.
Stay safe and sleep well.
Will follow up with the updates as we go.
COVER-BUSD - Breakout ?Cover Protocol is getting ready for another breakout.
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$ORN LOOKS LIKE IN DOWN TREND FOR THE NEXT FEW DAYSTOKEN RELEASE SOON!! 21 EMA IS HOLDING DOWN FOR NOW
$ORN IT MAY SURPRISE US WITH A HUGE MOVE UP BEFORE MAIN NET!$ORN: #1 AltCoin on @LunarCRUSH
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