Token
Even Fun To Watch!!! (BZRX / BTC)Who owns Bzx Protocol made huge profit in last two weeks!
It's still rising and it looks like it will keep rising.
Resistances:
1. 1800 sats
2. 2500 sats
3. 6250 sats
Support: 1000 sats
*Long traders shouldn't put a Stop-Loss lower than 1250 sats. on this point.
Happy Trading! ☺️✌️😊
What do you think? Any comment? 👇👇👇
WNXM Hallo
About Wrapped NXM
It is claimed that Nexus Mutual Membership rights will be represented by tokens. It is also claimed that tokens can be used to purchase cover as well as participate in claims assessment, risk assessment and governance. Website: nexusmutual.io
Plus WNXMBTC printed an Adam & Eve bottom pattern on the 4h timeframe... This pattern is bullish and tends to lead to a price jump.
I think it will hit 27.0 today or tomorrow
Tschüss
CRV/USDT Exponential Growth With Room For MoreCRV is booming at the moment. Over the last 10 days CRV has seen over 130% increase in value, without any indication of stopping soon. We might see the price hitting $1 over the next week.
When we zoom out we can clearly see that the price is following a Cup pattern, with the lows being hit late October.
Volume has seen a big increase as well since then. People are clearly eye-balling CRV.
The token is relatively new on Binance, so its definitely not dead yet. Keep this one on your watchlist!
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.
oracles oversold with positive divergenceoracles oversold with positive divergence - DIA is a defi oracle that leverages crypto-economic incentives and the wisdom of the community to source, validate and deliver trusted financial data use cases include Lending & margin - Derivatives -Prediction Markets - Insurance - Indices - benchmarks
LONG YFI - yEarn.finance - Oversold with Positive DivergencesLONG YFI - yEarn.finance is a decentralized asset management platform that has multiple uses ranging from liquidity provision, lending, to insurance. The most prominent product in its ecosystem is Vaults which maximize users' yields by through various yield farming strategies proposed by the community.
Token
Yield Aggregator
Decentralized Finance (DeFi)
Governance
Yield Farming
Yearn
LONG REN - Assets locked in wBTC continues to grow ...LONG REN - wBTC will continue to grow even bigger as more bitcoin moves into defi.
LONG REP/USDT - setting up for possible breakout...Augur is a decentralized prediction market project aiming to use “The Wisdom of the Crowds” to create an accurate forecasting platform. Augur is creating a decentralized open-source prediction market platform and oracle service. The project was founded in 2014 and released an alpha version of the platform in June 2015. Due to issues with the Serpent language, which pre-dated Solidity, the team had to re-write their code in Solidity leading to a delay in development. Augur launched their beta in March 2016 and mainnet in July 2018.
Prediction markets on the platform will enable users to create a market for forecasting a specific future event, such as who will win the next election or which team will win the World Cup. Participants in the market will be able to buy “shares” of the specific outcome they see as most likely. At the end of a pre-determined period the outcome is checked and those that own shares in the correct result receive a monetary reward. Prediction markets can be useful tools in tracking the true sentiment for results, as typically only the most informed individuals will risk money when making a prediction.
The team believes that by creating a fully decentralized prediction market they can overcome issues seen in centralized markets such as needing to trust that a result is correctly reported and that a payout is received. In addition, by creating a framework for the creation of these markets users can forecast the outcome of almost any event. Once a market is created trading begins immediately. The outcome of the event is determined by Augur’s oracles which are incentivized to report on event outcomes. Upon determination of the outcome, traders can close their positions and collect their payouts.
What Are NFT Tokens And How Do I Get It?NFT is a new round of the DeFi trend. Some yield farming sites began to add not only the mining of ordinary tokens but also collectible (NFT) tokens.
The main difference between NFT tokens and regular ones is that they are not fungible.
For example, fiat currencies are fungible because each unit is equivalent. The ten-dollar bill can be replaced with any other original ten-dollar bill.
NFT tokens are unique, they can serve as collectibles, tokenized assets, etc.
Previously, NFT tokens were used in games. Now they have appeared on the yield farming protocols. You can combine not only the farming of platform tokens but also mine unique NFT tokens that can be exchanged or sold in various markets.
Remember that decentralized finance is only at an early stage of development right now.
Best regards EXCAVO
The Narrative for Passive Index Investing - DeFi vs CryptoIn today's post I’m going to discuss passive index investing and list out why I see it as one of the best ways to gain exposure to sectors within crypto as well as crypto as an emerging asset class.
Active investing requires a hands-on-approach, typically executed by a portfolio manager of a fund, although, within the cryptocurrency space, it's more likely an individual. To execute this strategy, you have to be confident in each position you hold, maintaining a deep understanding of each investment and the overall sectors you have exposure to.
For those managers that can accomplish this, the rewards are lucrative with returns that outpace the benchmark indices. However, it is often difficult to maintain these excess returns over a long period of time due to several factors.
The first is assets under management. As successful managers attract additional capital their funds can become too large to deploy into the existing strategies that brought them excess returns. As a result, fund managers are forced into more liquid underlyings which tend to make up large parts of the benchmark index and thus the funds performance converges with that of the index.
The second factor is the fund manager. Successful fund managers are sought after and often poached away by other funds offering illustrious compensation packages. Naturally, due to the scarcity of such a skillset the funds performance typically suffers, losing its excess returns, after the departure of a successful manager.
The third factor is the use of leverage. Leverage can exacerbate returns in good times but can equally destroy value in bad times. This creates a larger variance of returns, increasing the portfolio’s standard deviation and reducing the risk adjusted return.
This thesis has largely proven to be true over recent history with actively managed large cap funds continuing to lag behind the S&P 500 for the ninth consecutive year. In fact, the longer the time horizon, the fewer funds that have outperformed the S&P 500, with only 8% of large cap actively managed funds beating the index.
Passive investing involves a longer-term investment strategy that looks to increase returns by minimizing active buying and selling on a day-to-day basis. In traditional finance, passive investing is very popular with 18% of total equity exposure represented by index-type products.
Passive index investing solves the problem of not knowing which investments are the right ones to choose. This is particularly useful when viewed through the lens of decentralized finance ‘Defi’ or any other crypto asset sector. Chiefly, this is due to the rate of innovation that exists in the cryptocurrency landscape. For example, the recent Defi sector expansion brought a slurry of projects to the market of varying quality. It would require a full time commitment to ensure investment into only the best projects whilst avoiding the many scams and contract vulnerabilities.
Continuing with the Defi example, a non-passive approach would have to consider what the top Defi projects will be in 5 years time? Will they be the same projects I see today or will new entrants come to the market? Ultimately, no one knows and through passive investing institutional or individual investors don't really need to care either. With an index tracking the 'Top 10 Defi Projects' by market cap will guarantee ownership of those top 10 projects in 5 years time; represented with one single token which can be redeemed or exchanged on the open market.
If you, the investor, have a long-term view on decentralized exchanges or believe crypto-insurance will play a bigger role within the cryptocurrency space as it continually grows. Then investing into an index product might be the most efficient method of gaining exposure. It provides easy access to sectors without having to purchase all underlying assets individually, and offers exposure to an asset class without requiring deep technical knowledge.
At this early stage in the development, decentralized indexes will disrupt traditional finance. Building this upon a Web 3.0 infrastructure. Ultimately, index technology hasn't changed since its inception in 1975.
If you look at traditional crypto exchanges, they suffer from having to list all the individual assets, with a crypto index maintained by the exchange, they wouldn’t have to go through this laborious procedure. I believe as time goes on, this will be a growing trend.
In summary, for investors with long time horizons, seeking access to a sector or asset class, an index remains the best vehicle for obtaining, expressing, and managing that outlook.
Someone I’m following in the space is PhutureDAO, they provide a range of benchmark, programmatic indexes with real underlying assets, auto rebalancing functionality, and a non-custodial architecture. Essentially, the closest comparison would be a user first, Vanguard type Index provider, built upon a Web 3.0 foundation. Open for all to build upon.
Through their platform they provide the facilities for investing into a range of benchmark indexes. More importantly, they empower you to create your own index that others can invest into; allowing for the creation and dissemination of your own investment strategy.
With this model, indices will always iterate with the fast pace of innovation in the cryptocurrency ecosystem ensuring a plethora of investment vehicles. Whilst, index creators can benefit from investor interest in the latest cryptocurrency segments/sectors.
Best regards EXCAVO
What is the Wyckoff Method? #2 Distribution SchematicDistribution Schematic
In essence, the Distribution Schematics works in the opposite way of the Accumulation, but with slightly different terminology.
Wyckoff method distribution schematic
Phase A
The first phase occurs when an established uptrend starts to slow down due to decreasing demand. The Preliminary Supply (PSY) suggests that the selling force is showing up, although still not strong enough to stop the upward movement. The Buying Climax (BC) is then formed by an intense buying activity. This is usually caused by inexperienced traders that buy out of emotions.
Next, the strong move up causes an Automatic Reaction (AR), as the excessive demand is absorbed by the market makers. In other words, the Composite Man starts distributing his holdings to the late buyers. The Secondary Test (ST) occurs when the market revisits the BC region, often forming a lower high.
Phase B
Phase B of a Distribution acts as the consolidation zone (Cause) that precedes a downtrend (Effect). During this phase, the Composite Man gradually sells his assets, absorbing and weakening market demand.
Usually, the upper and lower bands of the trading range are tested multiple times, which may include short-term bear and bull traps. Sometimes, the market will move above the resistance level created by the BC, resulting in an ST that can also be called an Upthrust (UT).
Phase C
In some cases, the market will present one last bull trap after the consolidation period. It’s called UTAD or Upthrust After Distribution. It is, basically, the opposite of an Accumulation Spring.
Phase D
The Phase D of a Distribution is pretty much a mirror image of the Accumulation one. It usually has a Last Point of Supply (LPSY) in the middle of the range, creating a lower high. From this point, new LPSYs is created - either around or below the support zone. An evident Sign of Weakness (SOW) appears when the market breaks below the support lines.
Phase E
The last stage of a Distribution marks the beginning of a downtrend, with an evident break below the trading range, caused by a strong dominance of supply over demand.
Outcome:
Naturally, the market doesn’t always follow these models accurately. In practice, the Accumulation and Distribution Schematics can occur in varying ways. There may be delays in some phases.
Still, Wyckoff’s work offers a wide range of reliable techniques, which are based on his many theories and principles. It is certainly much more than a TA indicator.
In essence, the Wyckoff Method allows investors to make more logical decisions rather than acting out of emotions. The extensive work of Wyckoff provides traders and investors a series of tools for reducing risks and increasing their chances of success. Still, there is no foolproof technique when it comes to investing. One should always be wary of the risks.
Best regards EXCAVO
What is the Wyckoff Method? Accumulation schematic #1 Wyckoff Event and Phases
The Wyckoff Method was developed by Richard Wyckoff in the early 1930s. It consists of a series of principles and strategies initially designed for traders and investors. Wyckoff dedicated a significant part of his life teaching, and his work impacts much of modern technical analysis (TA). While the Wyckoff Method was originally focused on stocks, it is now applied to all sorts of financial markets.
The three laws of Wyckoff
The Law of Supply and Demand
The first law states that prices rise when demand is greater than supply, and drop when the opposite is true. This is one of the most basic principles of financial markets and is certainly not exclusive to Wyckoff’s work. We may represent the first law with three simple equations:
Demand > Supply = Price rises
Demand < Supply = Price drops
Demand = Supply = No significant price change (low volatility)
In other words, the first Wyckoff law suggests that an excess of demand over supply causes prices to go up because more people are buying than selling. But, in a situation where there is more selling than buying, the supply exceeds demand, causing the price to drop.
Many investors who follow the Wyckoff Method compare price action and volume bars as a way to better visualize the relation between supply and demand. This often provides insights into the next market movements.
The Law of Cause and Effect
The second law states that the differences between supply and demand are not random. Instead, they come after periods of preparation, as a result of specific events. In Wyckoff's terms, a period of accumulation (cause) eventually leads to an uptrend (effect). In contrast, a period of distribution (cause) eventually results in a downtrend (effect).
Wyckoff applied a unique charting technique to estimate the potential effects of a cause. In other terms, he created methods of defining trading targets based on the periods of accumulation and distribution. This allowed him to estimate the probable extension of a market trend after breaking out of a consolidation zone or trading range (TR).
The Law of Effort vs. Result
The third Wyckoff law states that the changes in an asset’s price are a result of an effort, which is represented by the trading volume. If the price action is in harmony with the volume, there is a good chance the trend will continue. But, if the volume and price diverge significantly, the market trend is likely to stop or change direction.
For instance, imagine that the Bitcoin market starts to consolidate with a very high volume after a long bearish trend. The high volume indicates a big effort, but the sideways movement (low volatility) suggests a small result. So, there is a lot of Bitcoins changing hands, but no more significant price drops. Such a situation could indicate that the downtrend may be over, and a reversal is near.
Wyckoff’s Schematics
The Accumulation and Distribution Schematics are likely the most popular part of Wyckoff’s work - at least within the cryptocurrency community. These models break down the Accumulation and Distribution phases into smaller sections. The sections are divided into five Phases (A to E), along with multiple Wyckoff Events, which are briefly described below.
Accumulation Schematic
Wyckoff method accumulation schematic
Phase A
The selling force decreases, and the downtrend starts to slow down. This phase is usually marked by an increase in trading volume. The Preliminary Support (PS) indicates that some buyers are showing up, but still not enough to stop the downward move.
The Selling Climax (SC) is formed by an intense selling activity as investors capitulate. This is often a point of high volatility, where panic selling creates big candlesticks and wicks. The strong drop quickly reverts into a bounce or Automatic Rally (AR), as the excess supply is absorbed by the buyers. In general, the trading range (TR) of an Accumulation Schematic is defined by the space between the SC low and the AR high.
As the name suggests, the Secondary Test (ST) happens when the market drops near the SC region, testing whether the downtrend is really over or not. At this point, the trading volume and market volatility tend to be lower. While the ST often forms a higher low in relation to the SC, that may not always be the case.
Phase B
Based on Wyckoff’s Law of Cause and Effect, Phase B may be seen as the Cause that leads to an Effect.
Essentially, Phase B is the consolidation stage, in which the Composite Man accumulates the highest number of assets. During this stage, the market tends to test both resistance and support levels of the trading range.
There may be numerous Secondary Tests (ST) during Phase B. In some cases, they may produce higher highs (bull traps) and lower lows (bear traps) in relation to the SC and AR of Phase A.
Phase C
A typical Accumulation Phase C contains what is called a Spring. It often acts as the last bear trap before the market starts making higher lows. During Phase C, the Composite Man ensures that there is little supply left in the market, i.e., the ones that were to sell already did.
The Spring often breaks the support levels to stop out traders and mislead investors. We may describe it as a final attempt to buy shares at a lower price before the uptrend starts. The bear trap induces retail investors to give up their holdings.
In some cases, however, the support levels manage to hold, and the Spring simply does not occur. In other words, there may be Accumulation Schematics that present all other elements but not the Spring. Still, the overall scheme continues to be valid.
Phase D
Phase D represents the transition between Cause and Effect. It stands between the Accumulation zone (Phase C) and the breakout of the trading range (Phase E).
Typically, Phase D shows a significant increase in trading volume and volatility. It usually has a Last Point Support (LPS), making a higher low before the market moves higher. The LPS often precedes a breakout of the resistance levels, which in turn creates higher highs. This indicates Signs of Strength (SOS), as previous resistances become brand new supports.
Despite the somewhat confusing terminology, there may be more than one LPS during Phase D. They often have increased trading volume while testing the new support lines. In some cases, the price may create a small consolidation zone before effectively breaking the bigger trading range and moving to Phase E.
Phase E
Phase E is the last stage of an Accumulation Schematic. It is marked by an evident breakout of the trading range, caused by increased market demand. This is when the trading range is effectively broken, and the uptrend starts.
Best regards EXCAVO
$CREAM - New Long-Term Weekly AnalysisHello everyone!
What a odd few days it has been since my last post. TL;DR, $CREAM has managed to go below my sell zone and altogether crash many support zones at $70, $62, and $52.
With that, I am currently projecting a (semi) long-term rise, back up again to the $65-70 support zone which should mean $CREAM will keep climbing.
UNISWAP - Time to buy again?It seems like the downmove is close to its end, which makes me feel bullish regarding the UNI token, again... I see similar situation as before, at the last bigger up-move. On h4 the MACD is trying to turn back to the green zone again, slowly, while on h1 the price is about to draw a clean and strong continuous divergence. If it all happens, that will confirm a buy signal at around $4.000 or somewhere in the $3.9 - $4.2 zone. What do you think?
#Theta #Token #BreakOut & #OpenSky? #tradingviewTheta token looks like a classic break out.
At the moment the double top is taken out of the market.
It is important to close above the breakout level.
Ideally the breakout should be followed by a retest of the breakout level of the top.
Charttechnically there are no hurdles and therefore OpenSky is possible.
However, resistances could build up at 0.77-0.78 as well as in the range 0.95-0.96.
Greeting from Hannover
Stefan Bode
HuoBi/USDT (The structure is Bullish)Updated View On Huobi/USDT (29 MAY 2020)
Since the Huobi exchange gets popular, so will their token.
We are seeing the gradual and potential upswing of this pairs and it is likely to go higher.
3.80 region is a nearest support while 5.5 is the nearest resistant.
Let's see how high it can go.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading crypto, foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Aragon - A more than great Nation! (Es una gran nación)This is from before Spain was Spain.
The Crown of Aragon ( /ˈærəɡən/; Aragonese: Corona d'Aragón; Catalan: Corona d'Aragó; Spanish: Corona de Aragón ) was a composite monarchy, also nowadays referred to as a confederation of individual polities or kingdoms ruled by one king, with a personal and dynastic union of the Kingdom of Aragon and the County of Barcelona. At the height of its power in the 14th and 15th centuries, the Crown of Aragon was a thalassocracy controlling a large portion of present-day eastern Spain, parts of what is now southern France, and a Mediterranean "empire" which included the Balearic Islands, Sicily, Corsica, Sardinia, Malta, Southern Italy (from 1442) and parts of Greece (until 1388). The component realms of the Crown were not united politically except at the level of the king, who ruled over each autonomous polity according to its own laws, raising funds under each tax structure, dealing separately with each Corts or Cortes. Put in contemporary terms, it has sometimes been considered that the different lands of the Crown of Aragon (mainly the Kingdom of Aragon, the Principality of Catalonia and the Kingdom of Valencia) functioned more as a confederation than as a single kingdom. In this sense, the larger Crown of Aragon must not be confused with one of its constituent parts, the Kingdom of Aragon, from which it takes its name.
en.wikipedia.org
In 1469, a new dynastic familial union of the Crown of Aragon with the Crown of Castile by the Catholic Monarchs, joining what contemporaries referred to as "the Spains", led to what would become the Kingdom of Spain under King Philip II. The Crown existed until it was abolished by the Nueva Planta decrees issued by King Philip V in 1716 as a consequence of the defeat of Archduke Charles (as Charles III of Aragon) in the War of the Spanish Succession.
en.wikipedia.org
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Now it's the only Spanish top token project over Ethereum in which one day the rules and laws of any community that is formed will be collected in form of smart contracts, be it a community of neighbors, irrigators or a new model of city. Whatever form of community that wants to exist will be ruled by these contracts.
It's Law 2.0, or maybe even 3.0, it is what it is. Keep an eye on this!
To one leg of my grandparents, from Teruel.
MATIC NETWORK vs. BINANCE COIN (MATIC/BNB) _ BINANCE EXCH _ 30m*** 30 minute chart version ***
*** 30 minute candles version ***
WILL COLLECT MATIC TOKEN @ THESE PRICES :
💰💰💰
0.0009539 BNB. ($0.021) USD equivalent
0.0010294 BNB. ($0.023) USD equivalent
0.0011049 BNB. ($0.025) USD equivalent
Profit prices to consider 🧐🤔:
0.0020588 BNB. ($0.047) USD equivalent
MATIC NETWORK vs. BINANCE COIN (MATIC/BNB) _ BINANCE EXCH _ 1DayWILL COLLECT MATIC TOKEN @ THESE PRICES :
💰💰💰
0.0009539 BNB. ($0.021) USD equivalent
0.0010294 BNB. ($0.023) USD equivalent
0.0011049 BNB. ($0.025) USD equivalent
Profit prices to consider 🧐🤔:
0.0020588 BNB. ($0.047) USD equivalent