Deeper Network DPR Crypto Bearish MDeeper Network DPR Crypto breaking down from the Bearish M Pattern with a drop to .0186cents. It is starting to hit the first resistance line, we will see if it can break thru or get pushed back down.
Bullish News: Aug. 5 & 6, 2022 Deeper Network has an invitation to showcase at Sir Richard Branson’s Block Chain Summit on Necker Island at the Neckerverse Showcase for a chance to pitch to the Virgin Impact team and other global heavyweight investors.
Bearish News: Possible Token Crash Starting around September 6, 2022 thru the next 8 months, investors getting Deeper Chain DPR returned to them who bought in at .006cents to .02cents. Deeper is only allowing 750,000 DPR total perday from the miners and the invests to go over the bridge from Deeper Chain to the other two chains to get to an exchange and to sell. Some of the people have set up computer programs to keep dumping coins over the bridge first so they do not get locked out when the daily total of 750,000 is hit. There was 2Billion token allocated to sell but they only advertise 1Billion being sold. DPR given out already to the investors that crashed the coin the first time, there is an estimated amount of 3.3Million to 6.6Million Deeper Chain DPR being released each day to their investors for the next 8 months starting in September 2022 thru May 2023. Will Deeper fully open the bridge or will they try to control their investors cash out for a second time, well see what happens…….. How will the miners plan for this apocalyptic scenario of no longer being able to move Deeper Chain DPR across the bridge to get it on an exchange to pay for their expenses? I foresee another massive upset that Deeper Network will hush the investors by kicking people out of there Deeper Network community social groups when people complain and get upset like what happened when they lock up the investors DPR the first time without paying them back as was promised in their smart contract that had a hidden back door in the smart contract to reprogram it and to lock back up again. This is a lack of trust that I don’t think Deeper Network will every out live.
-Crypto Whale Information: See the Whale news on my channel for their Wallet address & Location, as you can track for yourself who is a true supporter and who is a dumper…… (AMA said Whales are allowed in the project now)
- Deeper Chain Community Governance - Currently being controlled directly by Deeper Network, not by the Community but thru a back door in the program (Verified on AMA)
- 7 Validator Nodes on Deeper Chain, 3 have been verified to be in control of by Deeper Network DEVs, apparently they can control votes on the Governance with their locked DPR rewards- Wallet Addresses 1st 5C4vNVT5pDroqufEtXKYp3RKrNXVTHk9yqTeNNUSnJ6EbGGY ; 2nd 5CJDFR5RCMxPwVdzgH6JA9D7M625FEFKrdsJG1JnQVQdQkH2 ; 3rd 5HCG6MvAhYgLZdPoD1BVHEjgKee9n4AhMLKfq64VLiM4znuU
-Deeper Chain DPR Crypto Burn Wallet #1: (Warning this is a subject Deeper does not like to talk about) There has not been a routine burn setup yet promised by Deeper to fight inflation . The only burning is est 21DPR perday equivalent to about .80cents per day!!! from the Validator transactions which they are calling a “Routine Burning or Every Gas Fee”. The old burning was every 7 days and burnt all the treasury wallet. Then they slowed it down to every 24 Days thru the Treasury and to burn only about 1% now. There is credit burning set up for the miners, which is false advertisement because they only burn 1% of the money paid to buy credit to increase mining rewards. The rest of the money is added to the treasury wallet for Deeper to pay their DEVs instead. Waiting for Deeper Network to provide Burn Wallet Address for all three Blockchains so the community can monitor what they are being told. Talking about this subject will get you band and removed from Deeper Network Social media accounts so be aware………… Deeper Network has responded to my concern about this saying "that 1% of the treasury wallet is burned each day" but I don't believe that's what happens, I believe that only 1% of each transaction that is transferred to the Treasury wallet is then sent into the burn wallet only during the transaction process, not that 1% of the treasury wallet total is burned. So once the funds go into the Treasury wallet once the 1% has been taken out, the remaining funds are no longer programed to be burned. (...to be determined) At the moment it is unknown how to see a total burn amount from this wallet but you can see how much DPR will be burned in the next 7 day burn period.
-Deeper Chain DPR Crypto Burn Wallet #2: Deeper Network has not provided the wallet address from the burning during the Pico sale so the community can monitor the wallet activity.
- Deeper Token ECR-20 Blockchain Ethereum Burn Wallet Address - Deeper Network has not provided the wallet address from the burning during the Pico sale so the community can monitor the wallet activity.
- Deeper Token BSC Binance Smart Chain Burn Wallet Address - Deeper Network has not provided the wallet address, nothing would be in the wallet address that i would be aware of if it exist yet
- Deeper Chain Treasury Wallet Address: 5EYCAe5ijiYfyeZ2JJCGq56LmPyNRAKzpG4QkoQkkQNB5e6Z (At the moment this is funded by the left over Validator Transactions & Burn DPR for Credit Score Increase, 1% of Transactions going into the wallet are Burned, this is confirmed)
- Polkadot Parachain for Deeper Chain – not yet, no future plans at the moment (Verified by Polkadot Support)
-10 Billion DPR Total: 6 Billion DPR will be mined within 25years (Verified on AMA); & 4 Billion DPR Belong to Deeper & Investors
-Location of Deeper Network servers where VPN data is stored: Unverified, Programmers working from China, ect. , Government Jurisdiction over VPN data information unknown, Privacy VPN info shows data is kept by Deeper Network, time period kept unknown.
- Deeper Network VPN / DPN equipment concerns: They say they do not keep logs of records of your internet access BUT!!!!! When you login to the device for the first time it makes you approve there two privacy agreements first. Terms and Condition of Use agreement under point Prohibited and restricted uses point #25 say : “We shall have the right… to monitor User Content”; The second agreement you must approve is the Deeper Network Privacy Policy under Data we Collect says “We may receive access to basic personal information from your social network accounts should you register or sign onto such services using Deeper Network Products or Services” (Why in the world is Deeper trying to collect your personal information?????????), then under section Data Retention it says “We will keep records containing personal data….. as maybe required by applicable laws (So then which governments laws are you under because there are countries that require no data collected) at the end of the day Deeper Network is not a Decentralized VPN because your data is collected in Deeper Networks Servers and Deeper Does not allow the Miners with the Exit Nodes for the VPN service to erase the VPN data on there own devices, even if their country allows for no logs to be collected. Will Deeper Network change their policy’s to be in harmony with what they told their community of NO LOGS/DATA KEEP BY DEEPER and ONLY DATA COLLECTED ON EACH EXIT NODE, apparently, they changed their minds……
Pico - At the moment the Pico is only good for mining with a Staked credit score, if the Pico has its own Public IP and is connected for months without being disconnected it will currently not get 10mb of traffic each day to get an increased organic credit score as an exit node, they network currently will choose a faster path out thru a Mini instead. So the Pico at the moment is not a good mining device if that's what you bought it for. This has been confirmed.
-Company Info:
-Deeper Network INC of the Marshal Islands (no office location there currently) Crypto Currency company that was set up as a shell company, filed on March 8, 2019 Entity number 100333 (Legal system mixed legal system of US and English common law, customary law, and local statutes; International law organization participation accepts compulsory ICJ jurisdiction with reservations; accepts ICCt jurisdiction)
-Deeper Network Inc of Delaware USA (no office location there currently) Software Developer/ VPN / DPN , Entity 201816910575 6/14/2018, EIN Tax ID# 841835438, State ID 04799167 This is the company that controls everything.
-Location Of Head Quartiers Office (5200 Great America Pkwy, Santa Clara, California, 95054) : The main temp office rental location no longer exists that is advertised and on Entity Documents the location is currently enmity and abandoned, supposedly working remotely from home and out of a shipping warehouse since the past two years or longer, unable to verify from the last trip to California. No new permanent office location currently that I am aware of that has been verified.
(A Few people have come and gone from the head ranks, not sure if currently accurate)
Chief Executive Officer: Hui (Russell) Liu; San Jose, California
Chief Technology Officer: Hui Liu/Chao Ma
Secretary/Chief Financial Officer: Xiaoshuai (Cheryl) Liu ; Maple Ridge, British Columbia, Canada
Corporate Officer: Adam Wolfe
Lei Chang; Saratoga, California
Chief Marketing Officer: Eric Ma (Thailand)
Chief Branding Officer: Yinan S.
Software Developer: Arturo Jimenez
Product manager: Kain Xu
Tradingpatterns
Cult Dao continues to impress me from a technical perspective! Traders,
From a technical perspective CULT DAO remains absolutely perfect. So, in this video, I will both do technical analysis on this coin and I will also use the chart to show you how I will trade this going forward.
Best to you all!
- Stewdam.us
$COTYShares of Coty rose 4.07% to $8.18 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +1.15% rising 1.15% to 4,357.04 and the Dow Jones Industrial Average DJIA, +1.43% rising 1.43% to 34,326.46.
The stock's rise snapped a three-day losing streak.
Coty closed $2.31 below its 52-week high ($10.49), which the company reached on April 30th.
Coty is giving a textbook style of how previous resistance now acting as support and with a gap to fill on the daily chart it might be something you’ll be interested in.
When we take a look at the indicators you have:
MACD curling
RSI flat
& the 50, 100 & 200 moving averages getting pretty tight here.
Keep your eyes on this one.
- Factor Four
Bitcoin 15m chart 03/10/2021 Bart?How how are you trading crypto?
Do you remember 2017-2018? If yes, you know Bart pattern. Exactly - Bart Simpson.
This pattern is called based his head...
In this bullrun I haven't seen any pattern like this and probably this will not Bart.
In case of Bart price will drop down back to 43 - 40K and bitcoin will continue with correction.
Probably bitcoin will continue up, there are some reasons.
1) Volume was high
2) Alts are superbullish
3) On-chain data shows that new traders are coming again...
$NVDAShares of semiconductor manufacturer Nvidia a supplier of chips for everything from playing video games to performing artificial intelligence tasks to mining cryptocurrency, dropped 2.2% through 10 a.m. EDT Friday. It's the last of those three chip uses -- mining cryptocurrency -- that seems to be weighing on the stock.
The People's Bank of China, you see, just announced that it is banning all cryptocurrency transactions in the country, and in particular, banning Bitcoin and Tether from circulating in China.
The move seems likely to weigh on Nvidia's business, but I wouldn't be too concerned for Nvidia stock despite the drop.
Consider: In its first-quarter earnings report earlier this year, Nvidia advised investors that a new line of semiconductors it had developed specifically for crypto mining generated $155 million in incremental revenue. Expand that out, and specific cryptocurrency-related revenue for the company may be as much as $620 million a year.
Now, that sounds like a lot, but as a percentage of Nvidia's $21.9 billion semiconductors business, it really amounts to just 2.7% of total revenue -- and even then, most of this revenue from sales to countries other than China should be unaffected by China's move.
Overall, I’m bullish on NVDA without question.
When we take a look at the daily & weekly chart you can see price has broken out of its ascending triangle to the upside and has also retested to see if it would act as support.
You have the MACD looking strong
& RSI sitting above 50.
Without question, this should be on your watchlist this week.
- Factor Four
$UUnity is a platform that provides two sets of solutions: Create Solutions and Operate Solutions. Create Solutions provides a comprehensive portfolio of software solutions for developers to create 2D and 3D content that can be deployed on more than twenty platforms, including Microsoft Windows and Apple.
Unity’s Operate Solutions offers app developers a set of solutions to grow and monetize their end-user base. The company competes with AppLovin through the Operate Solutions business.
Interestingly, Unity is also one of APP’s partners and enterprise client.
In Q2, Unity posted revenues of $273.6 million, a jump of 48% year-over-year, surpassing the Street’s estimates of $243.07 million. Revenue from Operate Solutions grew 63% year-over-year to $182.9 million
But moving away from the fundamentals and moving onto the technical side of things.
Unity Software has been forming an falling wedge since the 26th of June.
If this patterns plays out correctly price should fill the gap before falling.
MACD flat.
RSI flat with the 50MA looking really to break above the 200MA.
Keep this on your watchlist.
- Factor Four
$UPWKUpwork currently sitting in a huge ascending triangle on the daily w/ a double top.
The last month and a half for Upwork has been a struggle with price continuing down but with price currently at support it gets my attention.
Price closed up 5.84% on Friday with a huge engulfing which could confirm a rotation in trend.
We also can see the MACD curling w/ the RSI running towards 50.
Keep this on your watchlist for next week.
- Factor Four
$ETSYEtsy’s shares rose last Thursday as the online arts-and-crafts retailer joined fellow Internet retailers in a continuing roller-coaster ride.
Etsy recently traded at $213.12, up 5.4%, and has climbed about 9% in the past six months with plenty of ups and downs.
Earlier this month, they reported better-than-expected second-quarter earnings, but provided a third-quarter revenue forecast that fell short of analysts estimates.
Etsy posted profit and revenue that handily beat Wall Street estimates, but said it now expects revenue of between $500 million and $525 million for the current quarter, below current consensus forecasts of $527.5 million.
When we look at the technicals analysis ETSY is starting to look very bullish, in my opinion.
We broke out clean of the symmetrical triangle to the upside.
We have the MACD above 4.90
We saw the 50MA cross the 200MA
& we also have the RSI above 50.
I can easily see this running up to all time highs again. I’m bullish.
Keep this on your watchlist.
- Factor Four
DOGE- Bullish reversal or Bearish continuation?This swing setup might be overly conservative, but given the uncertainty of BTC price and the complete lack of fundamental of DOGE. I tend to be extra careful when my swing trade has no chance of turning into the long-term holding.
Just my two cents. Not the trade advice.
$MCURF $MCUR Mind Cure Health Inc Daily chart showing a falling wedge with a double bottom. A must add to your watch list for a breakout!
BITCOINfollowing eliot impulse wave.
we calledd tthe 34k in our bitcoin to fat return looking at some fib extension.
witth the pulse to the 41K level, a retracement should take place (and might already had started)
wave 2-4 tend to bounce of fib level. taking in count the fam around it and the fomo comming in the market we have a nice short opportunity.
The importance of working to a trading strategy. Morning traders
Just wanted to share these thoughts on the importance of finding trading plans and strategies then sticking to those plans.
In my last idea I discussed the importance of holding trades and not to deviate of track.
That idea was working the H2 chart following the trend with a stop loss on AUDJPY pair and the trade has been running since 24th November.
The script I am running allows me to run numerous strategies to the way I would like to trade. This certainly helps with removing emotions when it comes to trading. Coupled to a built in back tester which reassures on how effective your trading plan could be.
These idea in question here is EURGBP pair trade on the 15M chart with a stop loss and take profit target implemented. Risk to reward is 1:2.5
First thing I want to touch on is even though we are trading on a lower time frame here patience is still key. Along with letting trades run there course to the trading plan that is implemented.
Back test data for the plan implemented on this pair shows 122% gains on initial investment from Feb 1st of this year. Working to a 1:2.5 RR and a 2% capital risk per trade. We have two back to back trades here which produced 135 pips of profit. Despite being on 15M time frame the two trades took two an half days to play out.
If I wasn't sticking to a rigid back tested plan I might have been tempted to close for profit too early or worse still close at the point the trade entered the loss zone. Thus missing out on the eventual outcome which was hitting the take profit target!
Emotions are a massive element for us traders to control. The strategy I am using has helped massively with emotion control for myself.
For more information on the script I am using please message me.
ONTOLOGY GAS/ TetherUS #ONGUSDT Break out Soon! #BTC #AltseasonSome promising gain potential here, still within the triangle so put entry on breakout confirmation, I would probably use a trailing stoploss on this to lock in the profits and hopefully reach all displayed targerts. Don't forget to add your stop losses - see red support lines for guidance. Good Luck! #BTC #crypto
Head and Shoulders the accurate price action patternHead and Shoulders Pattern Tutorial -
Head & Shoulders chart pattern is a price reversal pattern that helps traders identify when a reversal may be underway; this reversal signals the end of an uptrend.
The formation of a H&S pattern resembles a baseline or neckline with three peaks where the middle peak is the highest between the two right and left peaks.
Head and Shoulders patterns are statistically the most accurate chart pattern, almost 85% of the time they reach their projected target.
The formation of a H&S pattern resembles a baseline with three peaks where the middle peak is the highest. The two left and right peak don't have to be at the same price, but the more closer they are to the same level the more stronger the pattern becomes. The pattern completes when price breaks through the neckline.
Stay Tuned, 👍;
Double Top a bearish reversal patternDouble Top Pattern Tutorial -
Double Top is a bearish reversal pattern that can be easily identified when price reaches a equal high two consecutive times and makes a reversal and breaks the neckline.
The entry point of this trade pattern will be confirmed by a closing of price below the the neckline. We can take help of RSI to see the momentum and strength of the price movement.
Stay Tuned, 👍;