S-COIN
VeChain (VET) Presently AcknowledgedAt the hour of composing, VeChain (VET) is positioned 37th as indicated by Coinmarketcap.com. The computerized resource has an all out market capitalization of $3.167 trillion and is exchanging at $0.04925. VeChain makes some all-memories high worth of $0.2782 set on April seventeenth, 2021, and an untouched low worth of $0.001678 set on Spring thirteenth, 2020. Beginning financial backers of VET, who have held since the venture's beginning, right now have a return for capital invested of 226.65%.
VeChain (VET) is presently an acknowledged type of installment in north of 2 trillion stores that range 70 nations
Support for VeChain as an installment choice is the consequence of an association with Speculative chemistry Pay
The news comes in the scenery of VeChain being an upheld chain in Binance Extension 2.0
VET, the coin behind the production network blockchain undertaking of VeChain, is presently acknowledged as a type of installment in north of 2 trillion stores that length 70 nations. The new accessibility of VeChain as an installment choice outcomes from another organization with the crypto installment administrations supplier of Speculative chemistry Pay.
Speculative chemistry Pay centers around retail exchanges utilizing retail location gadgets. Furthermore, Speculative chemistry Pay's main goal is to expand admittance to crypto with government issued money, consequently supporting the reception of blockchain innovation.
Straight Dollas Wish I woulda posted when I entered. Upthrust after distribution (UTAD) changed directions directly on the HTF point of control with some pow!!
Weekly Analysis BTC via Ichimoku by TheSocialCryptoClubGood weekend,
As usual, here is our analysis of the week looking at a glance at the daily chart of BINANCE:BTCUSDT using the Ichimoku Kinko Hyo indicator with traditional settings. We used additional indicators that we have developed and released Open Source, you can find them at the end of the analysis.
Trend:
As described last week, exactly 7 days ago Kumo turned red and currently has a thickness of about 1.85%.
The market is in a downtrend situation - confirmed by Tenkan and Kijun and the price is below the Kumo, below the Tenkan on both daily and weekly timeframes - and has a sideways bias.
The Kijun Trend indicator always indicates the search for short positions.
Heikin-Ashi:
After three green candles, now a series of particularly "strong" red candles have taken the price in and below the Kumo, confirming a moment of indecision.
Supports and resistances:
- 75000.00 from Fibonacci
- 67000.00 from historical high
- 66001.41 from the all-time high of Chikou
- 51800.00-52600.00 from Ichimoku Flat/cusp areas of the Chikou
- 49000.00-51000.00 Fibonacci, Psychological Threshold and Kijun Weekly
- 44400.00-45600.00 by areas Ichimoku Flat/Chikou Cusps
- 41200.00 by Ichimoku Flat/Cuspid Chikou areas
- 39400.00 from Ichimoku Flat/Cuspid areas of Chikou
- 37000.00 from Ichimoku to Chikou Plains/Cuspid areas
- 35000.00 from Ichimoku Chikou flat/peak areas
- 33500.00 from Ichimoku Flat/Cuspid areas of Chikou
- 30300.00 by areas Ichimoku Flat/Cuspids of Chikou
For the various static price structures it is possible to refer to the chart where the structures identified by the flat moments of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes are plotted, also Chikou price for the daily time frame.
Also, recall that the various Ichimoku lines serve as dynamic price structures: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term).
Fibonacci:
The Fibonacci levels still show us a long-term positive sentiment and puts the 0 on the upside at 75000.00. The price is back below the 0.618 level.
Conclusion:
BTC is in a downtrend with a sideways bias on the daily and weekly time frames. Last week's Kumo volatility, as indicated in concert by the various indicators and the Kumo itself, has turned from support to resistance.
The well-known exponential moving averages often used in the Crypto market on the 200, 50 and 20 periods also confirm the downtrend.
From a fundamental point of view, a bullish impulse is possible on the week to launch a BTC Spot ETF.
It is important to evaluate the closing of the week and during the week on the following price structures:
- Bullish: 41250.00
- Bearish: 39400.00
Altcoin Cycle:
For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation:
- Total cryptocurrency market capital: Decreased
- BTC dominance: Increased
- Price of BTC: Decreased
- Alt Cycle Expectation: Marked Downtrend ccc
Thanks for your attention, happy to support the TradingView community.
Indicators used:
Analysis Tool
Kijun Trend Indicator
Ichimoku Support and Resistance
Chikou Support and Resistance
BULLISH Setup in COIN Coinbase daily chart shows a Wolfe wave setup before earnings. Due to the uncertainty around earnings and sentiment in BTC, which is currently trading under $42000, I am expecting price to attempt a rally post earnings. If BTC reclaims the 6 day ma then I may consider opening an early position in COIN in anticipation of a crypto rally. BTC rally would be one indication that coin may begin a rally. If I were to open long call contracts, I would consider 3 months dte strikes around $225. Based on today's price action, I am more inclined to sit tight and wait for post earnings results rather than anticipate a run up into earnings. Hope this helps.
Why is no one talking about this massive bear flag for bitcoin?During the end of 2021, btc collapsed from the high of 69k, and unlike last time in may the recovery has printed a bearish flag pattern. This suggests to me, that the price may eventually collapse from the parallel channel and touch the support of 28k, where we will have either a significant bounce followed by continuation of downtrend or a true bullish reversal.
Weekly Analysis BTC via Ichimoku by TheSocialCryptoClubGood weekend,
As usual, here is our analysis of the week looking at a glance at the daily chart of BINANCE:BTCUSDT using the Ichimoku Kinko Hyo indicator with traditional settings. We used additional indicators that we have developed and released Open Source, you can find them at the end of the analysis.
Trend:
The Kumo is about to turn red today, having shrunk totally since last week. The Senkou Span B has increased and the Senkou Span A has decreased. The Kumo of the present day - however very thin - is acting as a price structure. The price is however now inside the Kumo a sign of uncertainty. Kijun is sideways.
Almost all lines both individually and in concert indicate a downtrend and price is not above Tenkan Weekly. Kijun and Tenkan, both on the daily and weekly timeframe indicate a downtrend.
The Kijun Trend indicator, which had anticipated last week's search for short positions, continues to be red.
Heikin-Ashi:
As last week, the Heikin-Ashi are always above the Kumo but have been red for a week now and are using the Kumo as support.
Supports and resistances:
- 75000.00 from Fibonacci
- 67000.00 from historical high
- 66001.41 from historical high of Chikou
- 51800.00-52600.00 from Ichimoku Flat/cusp areas of the Chikou
- 49000.00-51000.00 Fibonacci, Psychological Threshold and Kijun Weekly
- 44400.00-45600.00 by areas Ichimoku Flat/Chikou Cusps
- 40200.00-40800.00 from Ichimoku Flat/Chikou Cusp areas
- 30300.00 from Ichimoku Flat/Cuspid Chikou areas
- 37000.00 from Ichimoku Flat/Cuspid areas of Chikou
- 35000.00 from Ichimoku Flat/Cuspid areas of Chikou
- 33500.00 by Ichimoku Flat/Cuspid areas of Chikou
For the various static price structures it is possible to refer to the chart where the structures identified by the flat moments of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes are plotted, also Chikou price for the daily time frame.
Also, recall that the various Ichimoku lines serve as dynamic price structures: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term).
Fibonacci:
The Fibonacci levels still show us a long-term positive sentiment and puts the 0 on the upside at 75000.00. The price is back below the 0.618 level.
Conclusion:
The BTC has indeed broken its ascent and after the Kijun Trend Indicator also the Kumo is performing the twist. Same situation on the weekly time frame. It is very important to monitor the price especially when it is inside the Kumo, which means unpredictability to observe if the Kumo itself will continue to act as support or if it will turn into resistance.
Also, referring to the well-known exponential moving averages often used in the Crypto market on the 200, 50 and 20 periods, the averages themselves performed a downward cut this week.
It is important to evaluate the closing of the week - especially for the Kumo Twist - and during the week on the following price structures, with emphasis on the sideways momentum:
- Bullish: 41200.00
- Bearish: 39400.00
Altcoin Cycle:
For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation:
- Total cryptocurrency market capital: Decreased
- BTC dominance: Decreased
- Price of BTC: Decreased
- Expectation of Alt cycle: Stable.
Thanks for your attention, happy to support the TradingView community.
Indicators used:
Analysis Tool
Kijun Trend Indicator
Ichimoku Support and Resistance
Chikou Support and Resistance
The analysis of the behavior of major player Part 2Hey everyone.
Today i want to proceed my sharing of my knowlege about the behavior of large players in the market,
how to notice them and how to use it.
In the last tutorial we had a discussion about points where the major players places them SL and that this points it is = the biggest sales or buys in the market according the directions.
So today i want to show you this point on the chart in the major coin exactly.
Point of stop losses of major players is circled on the chart.
On this example we can see the major SL actuation like a BIG buy in the market!
Have an awesome deals 🤝🔥
A Bold Forecast!With current momentum, based on my analysis Coinbase could drop below 100 by the next earnings!
It is a 50% drop from current prices! and it could happen in less than a month, If you are interested in shorting opportunities evaluate this!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Bitcoin - Very bearishIn our previous posts, we warned about the decrease in volume which accompanied the rally. Since then, BTCUSD saw a reversal, and the price faltered by 7%. Technical and fundamental factors continue to point to the downside for Bitcoin. Therefore, we would like to update our short-term price target for BTCUSD to 42 500 USD. Additionally, we would like to set a medium-term price target to 40 000 USD.
Technical analysis - daily time frame
RSI is very bearish. The same applies to MACD and Stochastic. DM+ and DM- performed bearish crossover just recently, suggesting the beginning of the bearish trend. ADX contains a relatively low value which means the trend is still in its early stage. Overall, the daily time frame is bearish and forecasts more downside for BTCUSD.
Illustration 1.01
RSI shows a steep decline on the daily time frame. We will watch whether it will manage to continue lower and potentially break below 30 points. If there is such an occurrence, we expect it to be accompanied by a catastrophic selloff in BTC.
Technical analysis - weekly time frame
RSI continues to develop the long-term bearish structure. MACD failed to cross above 0 points into a bullish area. DM+ and DM- are bearish. ADX suggests the presence of a neutral (or weak trend). Overall, the weekly time frame bolsters the bearish case for BTCUSD.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
📌Cryptocurency World , coin &Token Types: The Ultimate Guide❗❗It’s important not to confuse the terms “cryptocurrencies” , "Coins " and “tokens,” Different type of them ,as there are fundamental differences that distinguish them.
Summary :
To put simply ,The two most common blockchain-based digital assets are cryptocurrencies and tokens. The biggest differentiation between the two is that cryptocurrencies have their own blockchains, whereas crypto tokens are built on an existing blockchain.
What Is a Digital Asset?
Broadly speaking, a digital asset is a non-tangible asset that is created, traded, and stored in a digital format. In the context of blockchain, digital assets include cryptocurrency and crypto tokens.
What is a cryptocurrency coin?
Cryptocurrency coin, like Bitcoin, is essentially a digital form of money that is backed up by a native blockchain The functions of a coin are strictly monetary — you can use it as a mean of payment, store of value, or as a speculative asset to trade, and essentially that’s it. The features of a coin are also similar to fiat money — it is fungible, divisible, and the supply is limited.
By definition, a cryptocurrency coin serves only as a digital form of money. The most distinctive feature of a coin is that it is native to the blockchain it’s made on and operates independently from any other platform.
Okay, then what is “altcoin”? This is essentially any cryptocurrency coin that has its own blockchain but is not Bitcoin. Some altcoins are just forks to Bitcoin, meaning that they base on Bitcoin’s open-source protocol but still have their own blockchains, like Litecoin. Others, like Monero or Ethereum, are completely independent blockchains.
What is a token?
The token is a non-native blockchain asset and its value goes beyond only monetary functions. Tokens also require another platform to exist and operate.
For example, ETH is a cryptocurrency that is native to the Ethereum blockchain, which makes it a coin. However, one of the primary features of the Ethereum network is the ability to create new tokens within the network. The cryptocurrencies that are created on this network will be called tokens. For example, USDT — the most popular stablecoin pegged to the value of $USD is a token, which operates on the Ethereum blockchain.
A cryptographic token is a digital unit of value that lives on the blockchain. There are four main types:
1-Payment tokens
2-Utility tokens
3-Security tokens
4-Non-fungible tokens
Fungibility :
All crypto tokens break down into two broad categories — non-fungible and fungible, with the latter being the most common type. Fungibility is a feature of a token which essentially means that one token is indistinguishable from another.
In simple words, a dollar is always a dollar, and Bitcoin is always Bitcoin. You can exchange the $10 bills with your friend and each of you will still have the same value in the wallet.
but Non-fungible tokens, or NFTs, are a type of cryptographic token — a digital representation of value that lives on the blockchain.
NFTs can represent the value of physical assets. A painting, for instance. But they can also represent the value of digital assets, such as a short story that is only available online.
NFTs have three characteristics that set them apart from other types of token: 1. THEY’RE UNIQUE -2. THEY’RE VERIFIABLE- 3. THEY’RE TRADEABLE
-Utility Tokens:
Utility tokens are a popular type of fungible tokens that you can think of as the chips at the casino. In the same way that you need to buy chips to play blackjack or poker, you need utility tokens to power the operations on the protocol.
The most famous utility token example is Ether which powers all the transactions and smart contracts on the Ethereum network. As we just said before, ETH can be used as a means of payment, however, its primary purpose is to be utilized in the blockchain.
Social Tokens (fan tokens):Social tokens can be a very interesting type of crypto utility asset that recently gained a lot of popularity among the crypto space and also presented the concept of tokenization to the broader public. In simple words, social tokens are backed by the reputation of an individual, brand, sports club, or just any community
-Security Tokens vs Equity Tokens
In simple, security tokens are common stock on the blockchain. These tokens are similar to the company shares held by the investors and companies usually issue voting rights through a blockchain platform. The tokens are liquidated to create an Equity Tokens. In other words, these tokens contribute an investment contract, where the Investors typically purchase in anticipation of future profits in the form of dividends, equal sharing of revenue generated and the normal appreciation process.
Security tokens bridge the gap between the traditional financial sector and the blockchain framework; it’s one of the reasons banks have initiated the integrated Blockchain frameworks in their system. Issuing security tokens allows investors to raise funds through a thoroughly regulated digital share of its equity, asset or part of the revenue.
The key difference between Security Token and Equity Token is that in the security token, an asset like real estate, gold etc. are used as collateral. However, in the case of Equity tokens, the shares of the company are diluted into tokens.
We can place coins and tokens in different categories as you can see in the chart above, and some of them are common to other categories.
As digital currencies are emerging, various other categories may be added in the future.
-Governance token
Governance token is the type of crypto asset that grants its holders decision-making rights over the project’s protocol, its product, and its features .it represent voting power on a blockchain project. They represent the main utility token of DeFi protocols since they distribute powers and rights to users via tokens. Governance discussions on Yearn Finance. With these tokens, one can create and vote on governance proposals.
- Also Metaverse tokens are a unit of virtual currency used to make digital transactions within the metaverse. Since metaverses are built on the blockchain, transactions on underlying networks are near-instant. Blockchains are designed to ensure trust and security, making the metaverse the perfect environment for an economy free of corruption and financial fraud.
-DeFi tokens represent a diverse set of cryptocurrencies native to automated, decentralized platforms that operate using smart contracts. These provide users' access to a suite of financial applications and services built on the different blockchains.