Ethereum. Resistance, Resilience, and the Road AheadFirst resistance for Ethereum 3000$! This is the beginning of a great journey, the key level for the near future is to overcome 3k. A large number of people have been liquidated and capitulated. I hear more and more often that Ethereum is dead and people are disappointed in it. Except that of all the top assets Ethereum is the only one that hasn't been played by a market maker and there is a lot of liquidity flowing into it. The imminent adoption of staking ETFs only sets the stage for a good future.
Horban Brothers.
Staking
ETHEREUM ($ETH) – COULD STAKING ETFs TRANSFORM THE NETWORK?ETHEREUM ( CRYPTOCAP:ETH ) – COULD STAKING ETFs TRANSFORM THE NETWORK?
(1/7)
Ethereum fees (i.e., network revenue) are climbing as DeFi, NFTs, and now potential staking ETFs attract more usage and institutional capital. Let’s see what’s moving the second-largest crypto by market cap! 🚀💎
(2/7) – RECENT “REVENUE” TRENDS
• Network fees jumping with higher on-chain activity (DeFi, NFTs)
• Potential ETF staking could funnel institutional money and supercharge Ethereum’s fees & usage
• ETH price at $2,647—some say undervalued vs. historical highs & future prospects 💸
(3/7) – STAKING NEWS & IMPACT
• CBOE BZX filed to add staking to 21Shares Ether ETF—a first in the U.S. if approved 🏆
• ETH spiked +3% on Feb 13, 2025, after the news broke 📰
• Could pave the way for more institutional ETH adoption & yield opportunities
(4/7) – CRYPTO SECTOR COMPARISON
• NVT ratio (network value to transactions) suggests Ethereum might be undervalued given expected usage hikes
• Competitors (e.g., Solana, Cardano) also have DeFi & smart contracts, but ETH’s brand & developer base remain top-tier 🏅
• If staking ETFs become mainstream, ETH’s yield potential could shine even brighter 🌟
(5/7) – RISK ASSESSMENT
• Regulatory: SEC scrutiny of staking—could they tighten the reins? ⚖️
• Market Volatility: Crypto can pivot from bull to bear in a heartbeat 😱
• Tech Hurdles: Ongoing Ethereum upgrades (sharding) face potential delays ⏳
(6/7) – ETHEREUM SWOT HIGHLIGHTS
Strengths:
Leading smart contract platform, huge dev community
Growing staking potential, possibly extended to ETFs
Weaknesses:
High gas fees + ongoing scalability concerns
Regulatory uncertainties around staking
Opportunities:
If ETF staking passes, institutional inflows could surge 💰
DeFi & NFT expansion continue to drive demand
Threats:
Lower-fee rivals like Solana or Polygon on the rise 🌐
Potential crackdowns on staking by regulators
(7/7) – Is Ethereum undervalued at $2,647 given the ETF staking hype?
1️⃣ Bullish—ETH’s about to skyrocket! 🚀
2️⃣ Neutral—Show me actual adoption first 🤔
3️⃣ Bearish—Competition & regulation overshadow it 🐻
Vote below! 🗳️👇
The failure of the POS (Proof of Stake) mechanismHave you noticed that many altcoin projects older than three years are bleeding to death? The total market cap of altcoins is also declining significantly.
One possible reason for this could be the failure of the Proof of Stake (PoS) mechanism.
Bitcoin was created with a deflationary system called Proof of Work (PoW), which ensures that the number of coins generated decreases over time, creating scarcity and a deflationary economy. The rewards are fixed through a public mathematical formula, allowing future supply to be anticipated. The reduction in the number of coins mined daily is called the halving, which occurs every four years for Bitcoin.
However, over the last four years, leftist and democratic political forces pushed the crypto industry to adopt a less energy-intensive system. This led to the creation of the PoS mechanism.
How PoS Works
Proof of Stake generates rewards based on the amount of cryptocurrency staked. The percentage of rewards allocated each month is determined by governance votes, which are controlled by individuals or entities meeting a certain staking threshold. This system eliminates the need for computational power to mint new coins and encourages holders to stake their tokens rather than sell them on the market.
Today, most of the top 100 Layer-1 blockchains rely on PoS. For example, the entire Cosmos ( NASDAQ:ATOM ) ecosystem uses PoS, as do projects like CRYPTOCAP:INJ , LSE:TIA , NYSE:FET , NYSE:SEI , and even $ETH.
The Problem with PoS
Unfortunately, this technology is showing its limitations, and as a result, many PoS-powered blockchains are struggling.
Key Issues:
Inflationary Nature:
PoS systems are inherently inflationary. As the number of staked tokens increases over time, the staking rewards also grow. Unlike PoW systems like Bitcoin, which create scarcity through halving events, PoS fails to do so, resulting in the opposite effect—oversupply.
Self-serving Governance:
Staking rewards are determined by governance votes cast by those who hold and stake the tokens. These participants have little incentive to vote for lower rewards, as it would reduce their income. This creates a system where whales and early adopters accumulate large amounts of tokens, benefiting from monthly rewards and becoming "retired" contributors to the ecosystem.
Bad for Retail Investors:
Retail investors suffer the most under PoS systems. The total supply of tokens increases logarithmically over time, causing the price of the coin to decline. Initially, the excitement around the project’s growth may offset this inflation, especially during the early stages of token generation events (TGEs) and favorable tokenomics. However, as staking rewards continue to mint new tokens, platforms like CoinMarketCap and CoinGecko fail to account for the rising supply, leading to hidden inflation.
Why These Projects Are Bleeding
This inflationary pressure, regardless of a project’s quality, is why many PoS projects are in decline. Holding these tokens long-term is a disastrous decision for retail investors. They are unknowingly holding coins that suffer from far higher inflation than is visible, creating a deceptive and exploitative system that slowly drains value from their holdings.
The Solution
The solution to this problem would be to remove governance-based reward decisions and implement a fixed annual reduction in staking APY (Annual Percentage Yield), similar to Bitcoin's halving mechanism. This would ensure that the supply is predictable, and coin generation becomes deflationary over time.
The Current Reality
Unfortunately, many PoS projects appear content to continue bleeding value from their coins. As a result, it’s advisable not to hold PoS projects for more than three years. The older the project, the more inflationary the PoS system becomes.
Axie Infinity (AXS)🎯 Introduction
AXS (Axie Infinity Shards) is the native token of the Axie Infinity ecosystem, a popular blockchain-based game operating on the "Play-to-Earn" model. Players can earn AXS tokens by breeding, battling, and trading digital creatures known as "Axies." This token is also used in governance mechanisms, staking, and in-game transactions. The growth in AXS’s value is tied to the ongoing development of the game and its wider adoption within the cryptocurrency world.
📊 AXS Technical Analysis
Current Status:
On the weekly timeframe, AXS is in a long-term range-bound zone:
📈 Range High: Red zone (11.186 - 12.605)
📉 Range Low: Gray zone (3.840 - 4.414)
Key Support and Resistance Zones:
Daily Support: Purple zone (5.581 - 5.932)
This zone has acted as a key support level. If lost, the price is likely to fall toward the lower range (gray zone).
Daily Resistance: Yellow zone (6.910 - 7.328)
Breaking through this level could trigger a price move towards the range high (red zone).
Upcoming Scenarios:
🟢 Bullish Scenario:
If the purple support zone holds and the yellow resistance is broken:
Move towards the range high (red zone).
A breakout above the red zone will lead to price targets based on Fibonacci levels:
🎯 TP1: 20.007 - 24.056
🎯 TP2: 41.929 - 48.315
🎯 TP3: 67.896 - 77.108
Important Note: At each of these targets, profit-taking 💵 is strongly advised.
🔴 Bearish Scenario:
If the purple support zone is lost, the price may drop towards the lower range (gray zone).
🎯 Suggested Entry Points:
Break above the daily yellow resistance with a stop loss below the gray zone.
Break above the red resistance with a stop loss below the purple zone.
Indicators and Volume:
RSI:
Crossing above the midpoint of the RSI may indicate a bullish move.
Entering the Overbought region could lead to sharp upward movements 🚀.
📊 Volume Analysis:
Increased volume during resistance breaks is crucial; otherwise, there’s a higher risk of false breakouts.
📌 Summary:
AXS is currently at a critical level. Price behavior in relation to the identified support and resistance zones will determine the future trend. Effective risk management through stop-loss and close monitoring of trading volume are key to success in trading this coin. 💡
Recommendation: Always consider the overall market conditions and any related news regarding the Axie Infinity project before making trading decisions.
HyperLiquid Introduces Native Staking as $HYPE Eyes a 58% SurgeHyperLiquid, a prominent Layer-1 blockchain renowned for its decentralized derivatives exchange, has recently introduced native staking for its GETTEX:HYPE token. This move, coupled with promising technical patterns, has set the stage for a potential 58% surge in the token’s value.
The Staking Overview
HyperLiquid announced the launch of its native staking on Monday via a post on X (formerly Twitter). Token holders can now stake their GETTEX:HYPE tokens across 16 validators, contributing to network security and earning rewards in return. A notable aspect of this staking mechanism is the ability to stake locked tokens bound by a vesting schedule, though accrued rewards remain inaccessible until the lock-up period ends.
At launch, HyperLiquid staked 300 million tokens, valued at approximately $8.4 billion. Within the first hour, users added another 7 million tokens, reflecting strong community participation. This development comes just a month after the GETTEX:HYPE token’s issuance, which debuted at $3.57 and has since soared to $27.89, according to CoinMarketCap data.
This remarkable growth has propelled GETTEX:HYPE into the top 20 largest tokens by market cap, surpassing well-known assets like Bitcoin Cash (BCH), Litecoin (LTC), and Pepe (PEPE). With a market capitalization of $9.2 billion and a 24-hour trading volume of $2.64 billion, HyperLiquid’s exchange is generating over $1 million in daily revenue, as reported by DefiLlama.
Technical Outlook
Despite its fundamental strength, GETTEX:HYPE is currently down 2.66%, trading within a symmetrical triangle pattern on the daily chart. This technical formation often signals a potential breakout, though the direction remains uncertain until the price breaches either trendline.
The relative strength index (RSI) stands at 42, indicating a neutral market sentiment. The upper triangle trendline aligns with the $30 resistance level, making it a critical threshold for bullish momentum. A breakout above $30 could trigger a 50% surge, targeting prices as high as $45. Conversely, a breakdown below the lower triangle trendline could lead to a significant sell-off, with prices potentially dropping by 14%
Market Implications
The introduction of native staking and the token’s rapid rise in market cap underscore HyperLiquid’s growing influence in the blockchain space. The ability to stake locked tokens enhances flexibility for investors, while the platform’s robust trading volume and revenue generation reflect its strong utility.
For traders, the symmetrical triangle pattern presents a strategic opportunity. Monitoring the $30 resistance level and the lower triangle trendline is crucial for anticipating the token’s next move. A decisive breakout could attract further interest, while a breakdown may signal caution.
Conclusion
HyperLiquid’s latest staking initiative and GETTEX:HYPE ’s impressive market performance highlight the project’s potential as a leading player in the blockchain industry. While the token’s price currently hovers in a consolidation phase, both fundamental and technical indicators suggest that a major move is imminent. Traders and investors should keep a close eye on key levels to capitalize on the next phase of GETTEX:HYPE ’s journey.
Capital will rotate back into Solana and Solana coinsWithout a doubt in my mind Solana was the altcoin that led crypto out of the bear market. In many metrics it has become the best performing chain. Raydium, Jito, Jupiter and others inc Phantom have be key players in this.
Now capital is clearing rotate away from the gains made in Solana to non Solana areas. Perhaps we see further rotation throughout crypto before either rotation to BTC or USD. Should rotation be BTC then I believe Solana could follow closest. Moving into prime position as leading altcoin in rotation this cycle.
Of course should Solana get this position again for next BTC leg up (whenever that is) then the Solana coins like RAY, KMNO, MNDE and others are likely to follow.
BOUNCEBIT $BB: It is now BOTTOM!Low Volatility: BounceBit’s price has remained stable within a narrow trading range, indicating limited price volatility. This stability is appealing to holders looking for more conservative investments within the crypto space. TradingView!
Project description:
BounceBit ( NYSE:BB ) is a decentralized marketplace platform that facilitates token auctions, asset swaps, and staking, allowing users to participate in a wide range of DeFi activities with enhanced security and transparency.
Type of project:
Decentralized marketplace and auction protocol.
Is it under a block?:
Yes, BounceBit operates on Binance Smart Chain (BSC), using smart contracts to support auctions, swaps, and staking within the DeFi space.
Latest update or news:
As of November 7, 2024, BounceBit announced the BounceClub Partnership Program, providing incentives for early adopters and developers to integrate BounceBit’s decentralized marketplace features into new projects.
Narrative:
DeFi marketplace, decentralized auctions, and token staking platform.
Unlocks Data for BounceBit ( NYSE:BB ):
1. Upcoming Unlock:
Next Unlock Event: Scheduled for May 13, 2025, with an unlock of 44.7 million BB tokens.
Percentage of Circulating Supply: This release constitutes approximately 2.13% of the current circulating supply.
2. Rate of Token Release to Circulation:
Next 7 Days (November 7 – November 14): 0 BB tokens released, or 0% of the circulating supply.
Next 30 Days (November 7 – December 7): 0 BB tokens released, or 0% of the circulating supply.
3. Total Unlocked:
Total Unlocked Tokens: 265.23 million BB, representing approximately 12.63% of the maximum supply of 2.1 billion BB tokens.
4. All Upcoming Unlocks in the Future:
May 13, 2025: 44.7 million BB
Additional Unlocks: Please refer to BounceBit’s official documentation for the complete unlock schedule.
5. Vesting Analysis for BounceBit ( NYSE:BB ):
BounceBit's vesting structure promotes gradual distribution to ensure long-term sustainability:
Staking Reward & Delegation Program: 35% allocation, distributed to reward users participating in staking and delegation. Investors: 21% allocation, with vesting schedules to align with the platform’s growth. BounceClub & Ecosystem Reserve: 14% allocation, supporting ecosystem growth and new partnerships. Team: 10% allocation, vested to ensure team commitment and platform stability. Binance Megadrop: 8% allocation, distributed to early community members and platform supporters. Advisors: 5% allocation, aimed at retaining experienced guidance for the project. Testnet & TVL Incentive: 4% allocation, incentivizing early network testing and locked total value. Market Making: 3% allocation, supporting liquidity and smooth trading experiences.
#SOLUSDT #1D (Bybit) Symmetrical triangle break and retestSolana pulled back to 100EMA regained support where it bounced forming a morning star, resuming bullish would make sense.
⚡️⚡️ #SOL/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (6.0X)
Amount: 4.4%
Current Price:
150.58
Entry Targets:
1) 149.03
Take-Profit Targets:
1) 171.43
Stop Targets:
1) 137.81
Published By: @Zblaba
CRYPTOCAP:SOL BINANCE:SOLUSDT.P #Solana #PoS solana.com
Risk/Reward= 1:2.0
Expected Profit= +90.2%
Possible Loss= -45.2%
Estimated Gaintime= 3-4 weeks
Going Long
I have captured a pattern using a weekly chart, and it looks like it could break resistance soon. It seems like it will break sometime around December, and then it will be retracted for another buy-in. I am looking long because I have some ATOM staked. Suppose anyone decides to stake ATOM. Ledger offers a 17.98% APR. LET'S GO!
#SOLUSDT #1h (OKX Futures) Ascending broadening wedge breakdownSolana lost 50MA on hourly TF, retracement down to 200MA support seems in place, let's hedge short.
⚡️⚡️ #SOL/USDT ⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Short)
Leverage: Isolated (6.0X)
Amount: 4.8%
Current Price:
157.06
Entry Targets:
1) 158.69
Take-Profit Targets:
1) 147.63
Stop Targets:
1) 164.23
Published By: @Zblaba
CRYPTOCAP:SOL OKX:SOLUSDT.P #1h #Solana #PoS solana.com
Risk/Reward= 1:2.0
Expected Profit= +41.8%
Possible Loss= -20.9%
Estimated Gaintime= 2-3 days
ORDI /BTC - Capitalizing on DeFi Innovation in the BRC20 MarketWith the advent of the Fairlight fToken Protocol by Fairlight Protocol & CLTV finance, the DeFi landscape on the Bitcoin network is poised for significant transformation. This protocol introduces a novel mechanism for locking assets within the Layer 1 Bitcoin network (with a current live / ongoing staking campaign), enhancing security and trustworthiness in DeFi operations.
Key Innovations Driving ORDI/BTC Strength:
Asset Locking on Bitcoin L1 : The Fairlight fToken Protocol allows for the secure locking of brc20 tokens like 'FCDP,' 'OSHI,' 'SATS,' and 'ORDI' directly on the Bitcoin network. This integration leverages Bitcoin’s robust security infrastructure, increasing confidence in the DeFi applications utilizing these tokens.
Enhanced Liquidity and Flexibility: By converting deposited brc20 tokens into corresponding fTokens (e.g., 'ORDI' to 'fORDI'), the protocol enhances liquidity within the ecosystem. This process ensures that users can manage their assets more efficiently and securely.
Future Expansion: The protocol’s plan to support other brc20 assets, Bitcoin, and Rune tokens indicates a broader scope of application, potentially attracting more users and increasing ORDI's utility and demand.
Economic Incentives: The strategic use of fTokens and a structured fee system incentivizes deposits, particularly of ORDI and SATS tokens, bolstering the protocol's economic stability and fostering a more engaged user base.
Security and Risk Management: With regular audits, data encryption, and continuous monitoring, the Fairlight Protocol ensures a secure environment for DeFi operations. These measures, combined with dynamic risk management strategies, make the protocol resilient against market volatility.
Technical Robustness: Powered by sophisticated smart contracts, the protocol manages operations like minting, borrowing, repayment, and liquidation seamlessly, ensuring a user-friendly experience.
Market Implications:
As the Fairlight fToken Protocol gains traction, the inherent demand for ORDI is likely to increase, driven by its pivotal role within the protocol. This anticipated rise in demand and utilization should reflect positively on the ORDI/BTC pair, indicating potential bullish momentum.
Trade Strategy:
Given these factors, the ORDI/BTC pair (and other strong BRC20's) show promise for an upward trend as the market absorbs the implications of this innovative DeFi protocol on the Bitcoin network. Traders might consider positioning themselves to capitalize on this potential movement, keeping an eye on key technical levels and market sentiment shifts influenced by the protocol’s developments. Tokens connected to CLTV Finance currently are $FCDP & $OSHI - currently offering rewards via staking in way of $CLTV. This initial skating campaign will conclude on 9th June, with the next staking campaign bringing new BRC20 locking options.
From Fairlight: "The Fairlight fToken Protocol is poised to set a new standard in blockchain finance. By leveraging the unique capabilities of the Bitcoin network and brc20 tokens, particularly SATS, the protocol offers a comprehensive and innovative approach to DeFi. Its focus on user empowerment, security, and sustainability positions Fairlight as a transformative force in the decentralized finance arena, poised to redefine user interactions and financial management in the blockchain ecosystem."
#STAK/USDT#STAK
The price is moving within a channel pattern on a 1-day frame, which is a retracement pattern
We have a bounce from a green support area at 1.07
We have a tendency to stabilize above the Moving Average 100
We have an upward trend on the RSI indicator that supports the rise and gives greater momentum
Entry price is 1.20
The first goal is 1.53
The second goal is 1.72
The third goal is 1.93
ORDI - BITCOIN SUMMERWith the advent of the Fairlight fToken Protocol by Fairlight Protocol & CLTV finance, the DeFi landscape on the Bitcoin network is poised for significant transformation. This protocol introduces a novel mechanism for locking assets within the Layer 1 Bitcoin network (with a current live / ongoing staking campaign), enhancing security and trustworthiness in DeFi operations.
Key Innovations Driving ORDI/BTC Strength:
Asset Locking on Bitcoin L1: The Fairlight fToken Protocol allows for the secure locking of brc20 tokens like 'FCDP,' 'OSHI,' 'SATS,' and 'ORDI' directly on the Bitcoin network. This integration leverages Bitcoin’s robust security infrastructure, increasing confidence in the DeFi applications utilizing these tokens.
Enhanced Liquidity and Flexibility: By converting deposited brc20 tokens into corresponding fTokens (e.g., 'ORDI' to 'fORDI'), the protocol enhances liquidity within the ecosystem. This process ensures that users can manage their assets more efficiently and securely.
Future Expansion: The protocol’s plan to support other brc20 assets, Bitcoin, and Rune tokens indicates a broader scope of application, potentially attracting more users and increasing ORDI's utility and demand.
Economic Incentives: The strategic use of fTokens and a structured fee system incentivizes deposits, particularly of ORDI and SATS tokens, bolstering the protocol's economic stability and fostering a more engaged user base.
Security and Risk Management: With regular audits, data encryption, and continuous monitoring, the Fairlight Protocol ensures a secure environment for DeFi operations. These measures, combined with dynamic risk management strategies, make the protocol resilient against market volatility.
Technical Robustness: Powered by sophisticated smart contracts, the protocol manages operations like minting, borrowing, repayment, and liquidation seamlessly, ensuring a user-friendly experience.
Market Implications:
As the Fairlight fToken Protocol gains traction, the inherent demand for ORDI is likely to increase, driven by its pivotal role within the protocol. This anticipated rise in demand and utilization should reflect positively on the ORDI/BTC pair, indicating potential bullish momentum.
Trade Strategy:
Given these factors, the ORDI/BTC pair (and other strong BRC20's) show promise for an upward trend as the market absorbs the implications of this innovative DeFi protocol on the Bitcoin network. Traders might consider positioning themselves to capitalize on this potential movement, keeping an eye on key technical levels and market sentiment shifts influenced by the protocol’s developments. Tokens connected to CLTV Finance currently are $FCDP & $OSHI - currently offering rewards via staking in way of $CLTV. This initial skating campaign will conclude on 9th June, with the next staking campaign bringing new BRC20 locking options.
From Fairlight: "The Fairlight fToken Protocol is poised to set a new standard in blockchain finance. By leveraging the unique capabilities of the Bitcoin network and brc20 tokens, particularly SATS, the protocol offers a comprehensive and innovative approach to DeFi. Its focus on user empowerment, security, and sustainability positions Fairlight as a transformative force in the decentralized finance arena, poised to redefine user interactions and financial management in the blockchain ecosystem."
The Magic $Spell decision line. MAKE OR BREAK?COINBASE:SPELLUSD token has been what I can call the gem hidden in plain sight, they are non-US based liquidity platform. They battle through so much including the war in Ukraine, which is obviously still on going. At one point they have over SEED_TVCODER77_ETHBTCDATA:1B in TVL, the team has never waived the white flag and pressed on to deliver everything they can to the community that has instilled so much trust, Romi is a master of his craft. If you believe in the founders of something, you better invest with them.
I love $spell and its future.
Looking at the chart here, you see that anytime it has hung around this line, it's made a decision to go up or down. Based on its recent bullish signal and reversal based on the bottom arrow, I see Spell headed back up to where it belongs, respected with the rest of the crypto community for what they provide.
AltLayer: reALT is a good thing to ownAltLayer is a decentralized protocol that provides a platform for launching and scaling customized blockchains called rollups.
These rollups are separate execution environments that inherit the security of their underlying base layer (like Ethereum) while offering faster transaction speeds and lower fees.
Since the token was airdropped, price has been sideways, forming what looks like a weekly accumulation pattern. Daily chart is now trending up for a while, and suggests we can get a hefty move up from this range next if it gets follow through.
You can hold and stake, and restake your ALT tokens here: stake.altlayer.io
This will give you reward from staking plus potential airdrops over time.
Definitely an interesting project to be invested in.
Best of luck!
Cheers,
Ivan Labrie.
Staking maniaThere has been a correction in ETH, but the Restaking ETH is still hot. As the leading protocol in this sector, Ether.fi has increased by more than 200% after listing. In addition to the Restaking protocol, the yield swap protocol Pendle has also attracted much attention during this period.
Today we take a look at Pendle’s recent performance. Pendle provides the crypto with a yield swap market, splitting financial products into PT (principal) and YT (potential return part) to meet the needs of different traders with the opportunity to add leverage trading to potential returns. For example, if you think that the interest rate for borrowing USDC will be higher and higher in the subsequent period, then you can purchase YT-aUSDC (USDC interest rate on AAVE) in pendle, which is a process of increasing leverage. , if your judgment is accurate, you will get several times the rate of return than directly lending USDC on AAVE.
In the current environment where various types of staking points are frequent, Pendle has split the PT (principal) and YT (the part of earning points) of Restaking and Staking. Punters who are inclined to expect airdrops can use nearly 10 times the leverage to participate. In the staking activities, PT also provides traders with low risk appetite with an ETH-based return of nearly 30%. Based on the above advantages, Pendle also surpassed GMX and became the native protocol with the highest TVL and highest MC on Arbitrum.
In terms of the use of indicators, we see that Pendle’s trend is relatively simple and clear. At the 4h level, the TSB indicator prompted a SELL signal on March 11. After that, pendle experienced a correction that lasted several days. On March 22, TSB prompted a BUY signal, and Pendle resumed its rise, and break ATH. In both processes, the wavy area plays the role of providing resistance and support.
Judging from the TSB indicator, Pendle’s bulls are currently healthy. Fundamentally, Pendle has the hottest narrative.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
#WAVES/BTC 1W (Binance) Big falling wedge breakoutWaves Protocol just printed a morning star on weekly, downtrend seems over and priority is upwards now, targeting 50MA resistance.
PSX:WAVES #WAVESBTC #WavesProtocol #DApp
⚡️⚡️ #WAVES/BTC ⚡️⚡️
Exchanges: Binance
Signal Type: Regular (Long)
Amount: 3.1%
Current Price:
0.0000721
Entry Targets:
1) 0.0000631
Take-Profit Targets:
1) 0.0001234
Stop Targets:
1) 0.0000430
Published By: @Zblaba
Risk/Reward= 1:3
Expected Profit= +95.6%
Possible Loss= -31.9%
Estimated Gaintime= 4-6 months
waves.tech
#MINA/USDT 4h (OKX Futures) Broadening wedge breakdown & retestMina Protocol printed a shooting star then lost 50MA support, seems likely to retrace down next.
⚡️⚡️ #MINA/USDT ⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Short)
Leverage: Isolated (4.0X)
Amount: 5.2%
Current Price:
1.1488
Entry Targets:
1) 1.1738
Take-Profit Targets:
1) 1.0603
Stop Targets:
1) 1.2306
Published By: @Zblaba
CSE:MINA OKX:MINAUSDT.P #MinaProtocol #Web3 minaprotocol.com
Risk/Reward= 1:2.0
Expected Profit= +38.7%
Possible Loss= -19.4%
Estimated Gaintime= 5-10 days
WorkX new Gem looking goodHello Guys,
I have not shared an idea in a while.
This new project has me feeling Verasity early vibes all over again, read my tagged idea and click on the play button of the chart.
Will this gem see the same price action? This is of course a guess.
Only a few months from the first listing, on Kucoin. Well-established staking program with the WorkX genesis NFT. Hard-working team. WorkX is listing on Gate.io tomorrow 30-01-24. Let's go!
On the chart, everything seems good. We have seen a break out of the downward channel. A symmetrical triangle formed and broke upwards, after a short bear trap. I am expecting a small retest of previous resistance, but it could also break free without a retest like these small market-cap gems can do generally.
As always: Trade safe and do your due diligence, please.
Greetings, Corné
LDO - Following The Wedge 🌙Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 LDO has been overall bullish, trading within the rising broadening wedge in blue.
At present, LDO is undergoing a correction phase and it is currently approaching the lower blue trendline acting as a non-horizontal support.
Moreover, it is retesting a strong support zone marked in green.
🏹 Thus, the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green support and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #LDO approaches the lower purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
#NFP/USDT 2h (ByBit) Falling broadening wedge breakoutNFPrompt looks good for bullish continuation after regaining 200MA support, it also has formed a morning star on 4h TF.
⚡️⚡️ #NFP/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (2.0X)
Amount: 5.4%
Current Price:
0.6873
Entry Targets:
1) 0.6853
Take-Profit Targets:
1) 0.9377
Stop Targets:
1) 0.5588
Published By: @Zblaba
NEWCONNECT:NFP BYBIT:NFPUSDT.P #AI #NFT nfprompt.io
Risk/Reward= 1:2.0
Expected Profit= +73.7%
Possible Loss= -36.9%
Estimated Gaintime= 3-6 days
#AMB/BTC 2D (KuCoin) Descending channel breakout and retestAir DAO (f.k.a. Ambrosus) has been moving inside a big wedge and bounced back on oversold territory, forming a morning star.
Volume has not kicked in yet but once it does, looks like it will head towards 200MA resistance.
⚡️⚡️ #AMB/BTC ⚡️⚡️
Exchanges: KuCoin
Signal Type: Regular (Long)
Amount: 3.0%
Current Price:
0.0000001743
Entry Targets:
1) 0.0000001718
Take-Profit Targets:
1) 0.0000003992
Stop Targets:
1) 0.0000001149
Published By: @Zblaba
MIL:AMB KUCOIN:AMBBTC #AirDAO #Ambrosus #L1 airdao.io
Risk/Reward= 1:4.0
Expected Profit= +132.4%
Possible Loss= -33.1%
Estimated Gaintime= 2-4 months