LONG KSM / bouncing off of Lower Lin Reg support LONG KSM / bouncing off of Lower Lin Reg support
Stop: 42.25
Profit Target 1: 54 / move stop to BE
Profit Target 2: 63 or Trail with a multiple of ATR
on a Lower Time Frame
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Kusama is an early, experimental version of Polkadot that exists as an independent network. It intends to act as a sandbox for developers, allowing teams to deploy and test pre-release versions of their projects before launching them on Polkadot's mainnet. Kusama will also serve as a testbed for Parity Technologies leading up to the mainnet launch of Polkadot. Like its sister chain, Kusama uses a native token, KSM, to power computation and give holders the ability to participate in securing the network and voting on upgrade proposals.
Smartcontract
LONG SOL breakout on volume !LONG SOL breakout on volume !
Solana, the company, is the open-source project building the Solana protocol. The company was founded in 2017 by former members of Qualcomm's engineering team. Solana’s founders launched the project in search of a scalable and energy-efficient alternative to Proof-of-Work (PoW) blockchains.
Solana is a public base-layer blockchain protocol built from the ground up and optimized for scalability. Its goal is to provide a platform that enables developers to create decentralized applications (dApps) without needing to design around performance bottlenecks.
LONG AAVE/USDT on breakout of downtrend!LONG AAVE/USDT on breakout of downtrend! Aave is an open-source and non-custodial protocol to earn interest on deposits and borrow assets with a variable or stable interest rate. It also enables ultra-short duration, uncollateralized flash loans designed to be integrated into other products and services. Aave began as ETHLend in 2017 after it raised $16.2 million in an Initial Coin Offering (ICO) to create a decentralized lending platform. Later, they announced a parent company, Aave, which would house multiple different products including EthLend, Aave Lending, Aave Pocket, Aave Custody, Aave Clearing, and Aave gaming.
LONG ADA - CARDANO breakout of downtrend. LONG ADA - CARDANO breakout of a downtrend. Cardano has a proposed on-chain governance model that is not live at the moment. The project plans to introduce this system upon the arrival of the "Voltaire" era, alongside the network's decentralized treasury. In Cardano's on-chain governance system, participants will be able to use their staked ADA to voting on the future direction of the network.
Once Voltaire is live, protocol improvement proposals will originate from community participants instead of solely through the management of IOHK and Emurgo. Token holders, either through direct staking or a delegation system, will then be able to vote on which proposals the network should implement. Voltaire will also see the addition of a treasury system, whereby a fraction of all transaction fees will be pooled to provide funds for development activities undertaken following the voting process. -- cardano.org
LONG OMG/USDT - 45 min chart update - vol above avg bullish! LONG OMG/USDT - 45 min chart update - vol above avg bullish! - OMG Network is a Layer-2 scaling protocol for Ethereum. What this protocol aims to achieve is a higher transaction throughput at a lower cost while leveraging the security guarantees of its underlying layer. OMG Network is predicated on the creation of a child chain that batches transactions before committing them to the root chain, which, in this case, is Ethereum. The child chain relies on the root chain as the trust and arbitration layer. With this type of relationship, if something goes wrong with the child chain, users’ funds should remain safe. The protocol's token, OMG, is the primary method by which users can pay for transaction fees and interact with the network.
LINK and CRSP similar structureLINK and CRSP have very similar looking charts of a long term ascending triangle breakout that quickly occurred relative to the total length of the triangle. Both have strong fundamentals, each having their place in the 4th industrial revolution. CRSP is on a 2.2x slower timescale than LINK, so LINK may be able to foreshadow price targets on CRSP. Fib extension of denoting the triangle breakout level to be 38.2% of the projected peak, says that LINK may hit ~$10 (agreeing with the previous LINK and ETH comparison) in 2020 which would infer that CRSP could reach ~$140 by late 2020-2021.
Missed $GVT and $SALT Call? Don't Worry, $QSP Here...Quanstamp having $23 millions dollar market capital with 976+ millions on total supply. QSP is the alumni of Y Combinator and already having 4 regional offices: San Fransisco, Toronto, New York and Tokyo. Their work is helping clients with an understanding of using smart contract and blockchain. Quite relatable with what we need in the status quo. They already have clients! So far, it's great fundamental and match with the industry niche.
Right now chart is also looks very juicy. I love the chart because it really looks like SALT and GVT on it's recent bottom.
As you can see the same setup on GVT and SALT giving tremendous result lately, and I expect the same thing happened to QSP.
If this ideas helps you, give it a thumbs up, comments and follow me. Thanks a lot!
Is $NEO already find it's floor yet. What is next target?Ranked #14 on coinmarketcap, NEO is one of the promising blockhain project which tend to be called " A China version of Ethereum". Do you agree with that?
NEO is a home for blockchain project like ONT, QLC, RPX, TKY, GAS, ZPT and some others.
In our opinion NEO is considerably worth to be as part of your portfolio in terms of fundamental part. But look at the technical part, you don't want to hold a good project with a bearish sentiment right?
Based on trend line we drew, it's still a quite bearish, along with majority project in cryptosphere. One thing that caught our eyes is that the chart quite bottoming and stable for 42 days including today. Plus it was touching our latest green box support around 0.00195 and 0.0024. The bottom is in? Looking from the previous price action, we think so.
RSI level bounce from 41 level as a support and ran north which a quite good sentiment and move towards the red cloud and our trend line as a sign a trend reversal.
QTUM/eth entry; QTUM/btc exit - ride the waveEthereum has been showing strength and will likely continue to rally with alts until BTC there's a break in the tightening weekly equilibrium pattern.
RSI on daily QTUM/ETH chart is oversold and has historically provided a solid buy signal.
Best to take profit into BTC since it is relatively weaker than ETH, but is consolidating for its big move. We can use a stop loss into ETH because short term ETH it will appreciate against BTC.
EP: below .026
TP1 .000285 BTC 0.30%
TP2 .000420 BTC 0.30%
SL .022 ETH
**this is not investment advice, for educational purposes only
EOS TAKING OFFEOS has been on an uptrend for about 12 hours now. Everything indicates that it will hit its previous resistance of .0013 (01.26.2018) as long as support is not broken (which it doesn't seem like it will)
RSI, MACD, EMA55, EMA200 & VOLUME all look positive and healthy. Could this be the reversal we were all waiting for?
Every time it retraces it goes to either 38.2 or 50% fib level and continues rally.
Any thoughts?
ETH/USD - LONG ENTRY - (RSI, CHANNEL CONVERGENCE, TRENDS)
Short term channel (cyan): HAS BEEN BROKEN
RSI is oscillating in channel between: 29.01 - 87.20
Medium term channel (blue dash) : If broken (CRUCIAL AREA), previous support (white) will be tested. = $366.00
Medium term resistance (top white) = Convergence with blue dashed line as well as previous resistance (green) = $336.00 (target #1)
Target #1 = $336
Target #2 = $541
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only. it should not be considered financial advice***