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usdc market cap 4 hourPangolin’s Collaboration With Olympus DAO Creates AVAX Bonding Program Leading Avalanche-Ethereum decentralized exchange, Pangolin has collaborated with Olympus DAO. The collaboration, among other things, is to create a bonding program and create further inroads in marketing efforts. The collaboration has brought the World's first bonding program on Avalanche (AVAX). Under the bonding program, users would trade for Pangolin governance tokens (PNG) Liquidity Provider (LP) tokens. The trade would occur at a concession to regular rates. Pangolin won't sell them. But would lock them in Olympus' Bond Treasury. Bonding Programs Come With Many Benefits Bond programs create far more benefits for decentralized finance (DeFi) institutions than the eye can see. One of these benefits is the control of liquidity. DeFi institutions get to own and control their liquidity flows in the markets they operate. In this case, Pangolin will have a far greater say in its liquidity flows within the markets where its tokens are listed. Another benefit is the stabilization of token prices. The cryptocurrency space, and especially the DeFi space, is known for the high volatility of tokens. Bonding programs are known to stabilize the token prices and lower their risk levels. It also enhances the longevity of its tokens. Yield farmers within the DeFi space are known for their many predatory practices. Their aim, which is always quick profits, is often at odds with project teams' and members' aims. It gives the PNG token a new lease on life. Bonding helps to bring an elongated view to the Pangolin project. The revenue generated from the programs can now be equitably distributed and will increase participation within the Pangolin ecosystem. The bonding program has also reduced the exit risk of the project, as Liquidity Providers often set aside a significant amount of their token LP activities. Bonds create breathing space for these LPs as there exists zero motivation to exit early for investors. The New Partnership Is A Perfect Match Under the terms of the partnership, Pangolin would list its PNG tokens on the Olympus Pro X bond marketplace. The Olympus Pro X bond marketplace is one of the World's top-tier marketplaces for such bonds within the DeFi space. Olympus DAO is also one of the leading DeFi structures that are democratically driven. With a solid codebase and governance rules that prevent monopoly, Olympus DAO avoided the human errors that often bring down DeFi institutions of its kind. Pangolin is also going to draw on the human resources of Olympus DAO. The Olympus DAO team will help Pangolin to improve its project rankings. Thus, bringing in users from the ETH community who are seeking projects that have a long-term perspective. As a World-first project on Avalanche (AVAX), the bond project will provide proof-of-concept sorely needed within the Avalanche space. It will spur further activity within the Avalanche (AVAX) ecosystem and bring new projects with bold ideas that have potential. Pangolin proved its mettle in recent times when Ethereum went through its hangover of high transaction fees. Many saw it as a suitable link between Avalanche and Ethereum when things went dark. Though Ethereum Improvement Proposal (EIP) 1559 has given all of us a breather (somewhat), we need to do more on the road to ETH 2.0. In the meantime, Pangolin is one platform that gives Avalanche (AVAX) D'Apps and their various communities the breathing space needed for innovation to flourish. While the Ethereum community tries to resolve its issues, hope exists that we will continue our transactions easily. That is, without being at the mercy of the Ethereum miners, who care less about everyone else and more for themselves. Something antithetical to the community spirit espoused and experienced by the founders and early users. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
CRYPTOCAP:USDC
by bnb_cake_avax_png_matic
btc usdt daily chartWhere will BTC end November 2021? 5 things to watch in Bitcoin this week Bitcoin Bitcoin 56,948.4+2590.2 (+4.77%) 07:07:59 - Real-time Data 56,946.7 12:00 14:00 57,000.0 56,500.0 57,500.0 Technical Summary 5 Min:Strong buy Hourly:Buy Daily:Neutral Monthly:Strong Buy What is your sentiment on Bitcoin? or (BTC) is back at $57,000 as a new week begins after a late surge produced a much better weekly close than many expected. Making up for last week’s Coronavirus-induced sell-off and associated price dip, Bitcoin passed $58,000 overnight before consolidating higher, still up around 5.7% on the day.
by bnb_cake_avax_png_matic
Bitcoin (BTC) - November 20Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (BTCUSDT 1W Chart) - Mid-Long-Term Perspective 28130.0-29300.0 or higher: Expected to continue upward trend Looking at the CCI-RC indicator, we can see that the CCI line is above the +100 point, indicating that it is already in an uptrend. However, as it is below the EMA line, it can be said that the uptrend was limited. If the CCI line breaks above the EMA line and rises, it is expected to lead to a sharp rise. It is necessary to check if the center line is rising as the green width of the OBV in the volume indicator increases. An increase in the green width of OBV indicates that the buying trend is increasing. (1D chart) First resistance section: 60383.36-63162.53 Second resistance section: near point 71500.03 First support section: near the 54825.02 point Second support section: 46487.52-49266.69 It showed departures at 56578.21 and 66001.41 points. We need to see if support is found above the first support section (53951.43-56578.21) and rises to the first resistance section. This deviation is shown as the movement of the RS line deviating from the convergence channel in the wRSI_SR indicator. However, in the CCI-RC indicator, the CCI line fell below the EMA line and below the +100 point, adding to fear of a decline. So, you should check the movement around November 29th (November 20-30), the volatility period. If the price holds above the 56578.21 point, I would expect it to rise above the 59500.0 point. However, it is expected that the price will change to a short-term uptrend only when it rises above the first resistance section and maintains the price. A decline from the 53951.43 point may touch the second support area, requiring a short-term Stop Loss. (These short-term Stop Loss is recommended for those who are familiar with short-term trading or those who are located near the average purchase price, and who feel that a response is necessary. Selling 100% in the short-term Stop Loss section is a very risky trade. Up to 50% or less, you need enough Stop Loss to calm your psychological state in rising and falling prices. The short-term Stop Loss section can be a good buying section for those who are new to entering, so you need to check in which section a sudden movement occurs.) During this period of volatility, you should check for movement outside the 59500.0-71500.03 interval. ------------------------------------- (BTCUSDTPERP 1D Chart) First resistance section: 62697.4-65574.9 Second resistance section: near point 74207.2 First support section: near 56942.5 point Second support section: near the 48310.2-51187.6 point You touched the first support zone. It is necessary to check whether there is a sudden movement in the section 54987.2-56942.5. The sharp move should see if we can move towards the first resistance area between 24-30 Nov. The next volatility period is around November 29 (maximum November 25-30). ------------------------------------ (Market Cap Chart) You should see how the flow of money changes rather than changes in the price chart. So, you should check the trend of USDT chart and USDC chart. When the prices of BTC and ETH fall, funds are rather coming into the coin market. A harbinger of a transition to a downtrend in the coin market - BTC price drop - BTC Dominance Rise - USDT dominance rise In that sense BTC Dominance (BTC,D): Should rise above the 47.64-48.81 section. USDT Dominance (USDT.D): Must rise above 3.374 point. A phenomenon that can be seen as a change in the coin market to a downtrend - USDT Chart: Falling below 58.376B - USDC Chart: Falling below 23.858B - BTC.D chart: rise above 56.78 points - USDT.D chart: rise above 4.158 point BTC and ETH are taking turns leading to an upward trend in the coin market. As I said in my previous post, we need to see if we can lead the upward trend from ETH-led to BTC-led during this period of volatility. ----------------------------------------------------- (XBTUSD 1M Chart) - Big Trend All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction. Looking at the big picture, I think a 4-5 wave is going on. Depending on how you interpret section A, the wave may be different. Likewise, you need to be more careful in your trading, because the parts that have not yet been created may have the same flow as section A. The expected ascent section is near the 80574.0-83397.0 section. This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section. There are two large resistance zones to move up to the expected zone. The two large resistance sections are section a and section b. If it fails to break through section a upward, I think it can represent the same flow as section A. If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (maximum 21K section) even if a bear market continues. If the 38K section is touched, it is expected to lead to a sharp rise. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly as price and volume move. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released. (Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying the formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
2
btc usdt daily chartWant to jump into crypto investing? Ask yourself these 3 questions first Cryptocurrency, once an obscure corner of the financial world, is going mainstream. It made its debut on the New York Stock Exchange on Oct. 19 in a ProShares exchange-traded fund BITO, +1.23% tied to bitcoin futures. Artists are making millions selling “tokenized” digital works. And crypto exchanges are advertising on prime-time TV alongside banks and insurers. But individual investors considering crypto are likely to encounter a world different from what they’ve seen in traditional finance. Prices can fluctuate wildly amid rapid trading in assets backed only by blocks of computer code. Despite the complexity, experts following the sector say the approach to investing in cryptocurrency isn’t so different from other investments that have a high-risk profile: Don’t invest money you can’t afford to lose, make sure you’ve got your other financial bases covered and remain patient. “Most of the information that people come across is about crypto trading. It’s about how to buy the next hot crypto. It’s about how to identify the next coin that’s going to the moon,” says Steve Larsen, a certified financial planner in Washington state. “Crypto investing is very different. It’s about buying something that has some fundamentals that you think are going to have value over the long term.” Larsen, who trains investment advisers to talk to their clients about digital assets, says he believes that the underlying technology, known as blockchain, has potential. In a blockchain network, computers work together to authenticate transactions without the help (and massive costs) of central authorities such as banks or government regulators. 1. Are you in a position to buy crypto? Generally, if you decide to buy crypto, it belongs in a cluster of relatively risky assets that make up a small percentage of your overall portfolio — 5% to 10% is one common guideline. Larsen says he doesn’t recommend that anyone invest in cryptocurrency before meeting other goals for both short- and long-term financial health. He says investors should extinguish any consumer debt, for instance, and make sure they’re investing enough to get their employers’ matching contributions to retirement accounts such as 401(k)s. Beyond that, buying into crypto doesn’t require a substantial financial commitment. Some online exchanges allow customers to buy in increments of a dollar or less. Mati Greenspan, chief executive of the research firm Quantum Economics, says one way to get into crypto is to put aside a few spare dollars per week. Related: Buying bitcoin or any other crypto is a huge leap of faith and you don’t want to be the ‘greater fool’ 2. Have you done your homework? Crypto exchanges in recent years have made buying, holding and selling easier. However, if you don’t want to delegate the security of your funds to the operators of the exchange, you’ll have to do some research into how digital wallets work and which one is best for you. More broadly, though, it helps to understand what blockchain technology is, how competing products are using it and which ones have a shot at success. In addition, there’s a lot of hype around cryptocurrencies, which means investors should have their eyes open for red flags. “This industry is riddled with coins that have no use case and in many cases are actual outright scams, meaning that they’re just people that are out to get your money,” says Greenspan, who’s based in Tel Aviv, Israel. The trick, he says, is to find the true innovators. While you might not need a background in coding, it’s worth the effort to look into how a cryptocurrency can be used. One way to do this is to read the white paper, an often technical document laying out how a network will operate. Bitcoin BTCUSD, -0.54%, for instance, is built to be actual digital money used as payment for goods and services. Ether , the second-most valuable cryptocurrency, can also be used as payment or to compensate users who help run the Ethereum ETHUSD, -0.58% network. The network is built to execute “smart contracts” that can be settled automatically when certain conditions are met. Greenspan recommends looking at how the supply of a cryptocurrency is distributed, including whether there’s a maximum supply that can circulate. He says such inquiries “might be very tedious, but they’ll certainly give you a major spotlight into what’s going to happen with the price of the coin over time.” Related: Is bitcoin an inflation hedge? As CPI surges to over 31-year high, crypto trades near record high 3. How will you diversify? All cryptocurrency faces one inherent risk: Blockchain technology is pretty new, and no one knows for sure that it will deliver the economic benefits that its supporters are counting on. “Any investment … in any crypto asset out there is a bet on the future that transactions, assets and information at large is going to be increasingly stored and transmitted on an underlying blockchain,” says Sean Stein Smith, an assistant professor in business and economics at Lehman College in New York City. And even if blockchain meets the expectations of people investing in the field, there will still be cryptocurrencies that don’t pan out. Greenspan recommends distributing your investments among several assets that you believe have long-term potential. See: Should I buy a bitcoin ETF? Here’s what some pros say you should consider There aren’t many options within the cryptocurrency space that are comparable to mutual funds or other investment vehicles that give everyday investors broad exposure to many assets. In addition to the new bitcoin-linked ETF BITO, +1.23%, some exchange-traded funds focus on companies working on blockchain-related endeavors. Other ETFs that have been proposed would actually hold crypto, but those have yet to be approved. Investors may also consider the stock of companies in the cryptocurrency industry, such as Coinbase. Regardless of how you approach cryptocurrency, investment diversification should be considered across your entire portfolio, and alternative investments should typically comprise only one small part of that. The author owned bitcoin at the time of publication. NerdWallet is not recommending or advising readers to buy or sell bitcoin or any other cryptocurrency.
by bnb_cake_avax_png_matic
Bitcoin (BTC) - November 13Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (BTCUSDT 1W Chart) - Mid-Long-Term Perspective 28130.0-29300.0 or higher: Expected to continue upward trend Looking at the CCI-RC indicator, we can see that the CCI line is above the +100 point, indicating that it is already in an uptrend. However, as it is below the EMA line, it can be said that the uptrend was limited. If the CCI line breaks above the EMA line and rises, it is expected to lead to a sharp rise. It is necessary to check if the center line is rising as the green width of the OBV in the volume indicator increases. An increase in the green width of OBV means that the buying trend is increasing. (1D chart) First resistance section: 60383.36-63162.53 Second resistance section: near point 71500.03 First support section: near the 54825.02 point Second support section: 46487.52-49266.69 We need to see if we can sustain the price above the first resistance zone. In particular, we need to see if we can sustain the price above the 66001.41 point. If the price holds above the 66001.41 point, I would expect a move towards the second resistance zone. If it closes above the 66001.41 point and falls below the first resistance section, a Stop Loss is required to preserve profit and loss. However, there may be a rebound in the 53951.43-56578.21 section, so you need to think about how to respond. I think this rebound is likely a rebound to turn into a downtrend. It is necessary to check whether the red width of OBV in the trading volume indicator changes to the green width. In the wRSI_SR indicator, the RS line did not rise above the 80 point and fell, showing a short-term downward trend. It is necessary to check whether convergence can be achieved within the trend line drawn on the wRSI_SW indicator. On the CCI-RC indicator, we need to check whether the CCI line can continue rising above the EMA line. The next volatility period is around November 29th (up to November 21-30). During this period of volatility, you should check for movement outside the 59500.0-71500.03 interval. ------------------------------------- (BTCUSDTPERP 1D Chart) First resistance section: 62697.4-65574.9 Second resistance section: near point 74207.2 First support section: near 56942.5 point Second support section: near the 48310.2-51187.6 point To continue the uptrend, we need to see if we can sustain the price above the 66927.9 point. If it goes down, you should check to see if it finds support in the first resistance zone. If it falls from the first resistance section, it could fall below the 56942.5 point, so trade cautiously. However, as you get closer to the 56942.5 point, you need to check whether there is a sharp movement. The next volatility period is around November 29th. ------------------------------------ (Market Cap Chart) You should see how the flow of money changes rather than changes in the price chart. So, you should check the trend of USDT chart and USDC chart. BTC.D Chart: It is important to find resistance in the range of 47.64-48.81. USDT.D Chart: A decline below the 2.670 point is critical. ----------------------------------------------------- (XBTUSD 1M Chart) - Big Trend All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction. Looking at the big picture, I think 4-5 waves are going on. Depending on how you interpret section A, the wave may be different. Likewise, you need to be more careful in your trading, as the parts that have not yet been created may have the same flow as section A. The expected ascent section is near the 80574.0-83397.0 section. This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section. There are two large resistance zones to move up to the expected zone. The two large resistance sections are section a and section b. If it fails to break through section a upward, I think it can represent the same flow as section A. If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (maximum 21K section) even if a bear market continues. If the 38K section is touched, it is expected to lead to a sharp rise. ------------------------------------------ We recommend that you trade with your average unit price. This is because if the price is below your average unit price, whether it is in an upward trend or in a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released. (Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
by readCrypto
btc usd hourly chart Miami Residents Set To Receive Dividends From MiamiCoin Miami mayor Francis Suarez has announced that citizens of Miami could soon receive Bitcoin as dividends due to the enormous success of MiamiCoin. In doing so, Miami would become the first city in the United States to give residents crypto as dividends. Suarez outlined his plans in an interview, stating that the city was planning to give proceeds from MiamiCoin directly to its residents in the form of BTC. “We’re going to be the first city in America to give out bitcoin as a dividend directly to its residents.” Distributing BTC To Miami Residents The mayor explained that he was exploring ways in which the city could distribute the yield from MiamiCoin directly to its residents. Currently, the plan is to create digital wallets for the residents. The city will then deposit the yield from MiamiCoin into these wallets. Mayor Suarez claims that so far, $22.2 million have been raised from the sale of the MiamiCoin tokens. Residents of Miami buy tokens, stake them, and earn rewards. The city also plans to give MiamiCoin holders certain benefits for their investment in the near future. According to mayor Suarez, the revenue generated by MiamiCoin over the past three months equals around $80 million if annualized, potentially covering around one-fifth of Miami’s tax revenue. “You could theoretically at one point pay the entire tax revenue of the city, and the city could be a city that runs without taxes, which I think would be revolutionary.” Defining Who Is A Miami Resident? The predicament before city authorities now is how to determine who would receive the Bitcoin in their wallets, with no clear definition of “Miami People.” These could refer to a host of criteria such as residents, taxpayers, voters, or any other criteria set by the city. Authorities will approach technology companies, which will help create the digital wallets and will also be roped in to put in place a registration system and a verification system to prevent fraud and weed out those individuals who would move to Miami only benefit from the dividends being paid out. Mayor Suarez admitted that defining who would get the dividends would be a challenge, stating, “First, you have to define the universe, and that in and of itself is going to be a challenge. Is it going to be, for example, taxpayers, is it going to be people that vote in the city, is it going to be people that have a city address? So that’s going to be a challenge.” A Huge Bitcoin Backer Mayor Suarez is a huge cryptocurrency enthusiast and has outlined his vision to make Miami a global hub for blockchain technology and crypto. He has actively participated in several events to promote the crypto space. To alleviate the environmental impact of cryptocurrencies like Bitcoin, the mayor has also offered energy from the city’s nuclear plants, as he tried to benefit from the exodus of miners from China after the Chinese crackdown on Crypto. He also announced that he plans to receive his first paycheck in Bitcoin, to promote BTC’s use as money. New York City Launches NYCCoin CityCoin, the company behind MiamiCoin, has announced that it has launched a similar token in New York, dubbed the NYCCoin. New York mayor-elect Eric Adams is also a huge backer of Bitcoin, with the launch of the token aligning with his vision to make New York the center of the crypto industry. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
by bnb_cake_avax_png_matic
Bitcoin (BTC) - November 10Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (XBTUSD 1W Chart) - Mid-Long-Term Perspective Above the 27650.0-29350.0 section: The upward trend is expected to continue. Above 47010.0 point: Expected to create a new wave. As the green width of OBV in the volume indicator increases, it is necessary to check if there is an upward movement in the center line. On the wRSI_SR indicator, we need to see if the RS line can hold above 80 until the SR line rises above 80. In the CCI-RC indicator, it is necessary to check whether the CCI line can be maintained above the +100 point. In particular, it is necessary to check if the flow can be seen to rise above the EMA line. However, the same movement as in section A may occur, so it is recommended to check that there is an upward movement. However, as it is a 1W chart, it is reflected too late, so we need to make sure that the price stays above the 58464.0 point. (1D chart) First resistance section: 60811.0-63634.5 Second resistance section: near the 72104.0 point First support section: near 55164.5 point Second support section: 46695.0-49518.0 If the price holds above the 66059.5 point, it is expected to move towards the 72104.0 point. If it falls in the first resistance section, Stop Loss is required to preserve profit and loss. However, a rebound may come after touching the 53967.5-56641.5 section, so you need to think about countermeasures. (If it touches the 53967.5-56641.5 section and fails to move above the 60811.0 point, it is likely a rebound to turn into a downtrend.) It is necessary to confirm whether the current movement will change from the movement between November 1st and 9th (maximum October 31st - November 10th). It is in a period of volatility, so careful trading is required. The next volatility period is around December 3rd. ---------------------------------- (BTCUSDTPERP 1D Chart) First resistance section: 62697.4-65574.9 Second resistance section: near point 74207.2 First support section: near 56942.5 point Second support section: near the 48310.2-51187.6 point To continue the uptrend, we need to see if we can sustain the price above the 66927.9 point. If it goes down, you should check to see if it finds support in the first resistance zone. If it falls from the first resistance section, it could fall below the 56942.5 point, so trade cautiously. However, as you get closer to the 56942.5 point, you need to check whether there is a sharp movement. The next volatility period is around November 12 (11-13 November). ------------------------------------ (Market Cap Chart) You should see how the flow of money changes rather than changes in the price chart. So, you should check the trend of USDT chart and USDC chart. BTC.D Chart: It is important to find resistance in the range of 47.64-48.81. USDT.D Chart: A decline below the 2.670 point is critical. ----------------------------------------------------- (XBTUSD 1M Chart) - Big Trend All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction. Looking at the big picture, I think 4-5 waves are going on. Depending on how you interpret section A, the wave may be different. Likewise, you need to be more careful in your trading, as the parts that have not yet been created may have the same flow as section A. The expected ascent section is near the 80574.0-83397.0 section. This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section. There are two large resistance zones to move up to the expected zone. The two large resistance sections are section a and section b. If it fails to break through section a upward, I think it can represent the same flow as section A. If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (maximum 21K section) even if a bear market continues. If the 38K section is touched, it is expected to lead to a sharp rise. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
BITMEX:BTCUSD.P
by readCrypto
Bitcoin (BTC) - November 9Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (BTCUSDT 1W Chart) - Medium to Long-Term Perspective 28130.0-29300.0 or higher: expected to continue upward trend Looking at the CCI-RC indicator, we can see that the CCI line is above the +100 point, indicating that it is already in an uptrend. However, as it is below the EMA line, it can be said that the uptrend was limited. If the CCI line breaks above the EMA line and rises, it is expected to lead to a sharp rise. As the price of BTC rises, it takes huge amounts of money. Therefore, I think that investing in the distant future from the present point of view is a greed to be wary of when making an investment. You will be able to earn a steady return in the investment market only by reducing the risk of your investment by making an appropriate investment, recovering the principal of your purchase, and maximizing your profit with the amount of tokens that corresponds to your profit. Don't be fooled by the FOMO spread in the market and make unreasonable investments. (1D chart) First resistance section: 60383.36-63162.53 Second resistance section: near point 71500.03 First support section: near the 54825.02 point Second support section: 46487.52-49266.69 We need to see if we can sustain the price above the 66001.41 point. If the price holds above the 66001.41 point, I would expect a move towards the second resistance level. If it goes down, you should check to see if it finds support above the 63162.53 point. If it closes above the 66001.41 point and falls below the first resistance section, a Stop Loss is required to preserve profit and loss. However, there may be a rebound in the 53951.43-56578.21 section, so you need to think about how to respond. I think this rebound is likely a rebound to turn into a downtrend. Since the width of the OBV in the trading volume indicator is indicated by a line, I believe that a sudden movement can occur at any time. On the wRSI_SR indicator, we need to see if the RS line can rise above 80 points. If the decline fails to cross the downtrend line drawn on the wRSI_SR indicator, the BTC price is expected to fail to rise and undergo a price correction. In the CCI-RC indicator, the CCI line is moving upwards above the EMA line. You need to make sure the CCI line can continue to rise. The next volatility period is around November 29th. ------------------------------------- (BTCUSDTPERP 1D Chart) First resistance section: 62697.4-65574.9 Second resistance section: near point 74207.2 First support section: near 56942.5 point Second support section: near the 48310.2-51187.6 point To continue the uptrend, we need to see if we can sustain the price above the 66927.9 point. If it goes down, you should check to see if it finds support in the first resistance zone. If it falls from the first resistance section, it could fall below the 56942.5 point, so trade cautiously. However, as you get closer to the 56942.5 point, you need to check whether there is a sharp movement. The next volatility period is around November 12th. ------------------------------------ (Market Cap Chart) You should see how the flow of money changes rather than changes in the price chart. So, you should check the trend of USDT chart and USDC chart. BTC.D Chart: It is important to find resistance in the range of 47.64-48.81. USDT.D Chart: A decline below the 2.670 point is critical. ----------------------------------------------------- (XBTUSD 1M Chart) - Big Trend All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction. Looking at the big picture, I think 4-5 waves are going on. Depending on how you interpret section A, the wave may be different. Likewise, you need to be more careful in your trading, as the parts that have not yet been created may have the same flow as section A. The expected ascent section is near the 80574.0-83397.0 section. This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section. There are two large resistance zones to move up to the expected zone. The two large resistance sections are section a and section b. If it fails to break through section a upward, I think it can represent the same flow as section A. If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (maximum 21K section) even if a bear market continues. If the 38K section is touched, it is expected to lead to a sharp rise. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released. (Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
by readCrypto
3
png daily chart PNG/USDT SOON BINANCE binance list solana and dex raydium bnb and cake avax and pangolin Premier DEX on #Avalanche 💰 $300M+ TVL 🏎️ Fast tx & low fees Powered by $PNG The #DeFi evolution timeline: 2021: Farming 👩‍🌾 2022: Bonding 🤝 2023: Space Bonding So many assets available recently on Pangolin like @stabilize_fi ! Would love to be able to share how many new ones have been added recently but alas, nobody could possibly count that high.
P
by bnb_cake_avax_png_matic
Bitcoin (BTC) - November 8Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (XBTUSD 1W Chart) - Mid-Long-Term Perspective Above the 27650.0-29350.0 section: The uptrend is expected to continue. Above 47010.0 point: Expected to create a new wave. As the green width of OBV in the volume indicator increases, it is necessary to check if there is an upward movement in the center line. On the wRSI_SR indicator, we need to see if the RS line can hold above 80 until the SR line rises above 80. In the CCI-RC indicator, it is necessary to check whether the CCI line can be maintained above the +100 point. In particular, it is necessary to check whether the flow can be seen to rise above the EMA line. However, the same movement as in section A may occur, so it is recommended to check that there is an upward movement. However, as it is a 1W chart, it is reflected too late, so we need to make sure that the price stays above the 58464.0 point. It's a week with a volatility period on the 1W chart, so it's important to see what kind of movement it will see. (1D chart) First resistance section: 60811.0-63634.5 Second resistance section: near the 72104.0 point First support section: near 55164.5 point Second support section: 46695.0-49518.0 It is necessary to check whether there is a movement that deviates from the section 58464.0-66059.5. It is necessary to confirm whether the current movement will change from the movement between November 1st and 9th (maximum October 31st - November 10th). It is in a period of volatility, so careful trading is required. ---------------------------------- (BTCUSDTPERP 1D Chart) First resistance section: 62697.4-65574.9 Second resistance section: near point 74207.2 First support section: near 56942.5 point Second support section: near the 48310.2-51187.6 point We need to see if we can sustain the price by moving up to the first resistance zone. If it goes down, you should see if there is a sharp move as you get closer to the 56942.5 point. The next volatility period is around November 12th. ------------------------------------ (Market Cap Chart) You should see how the flow of money changes rather than changes in the price chart. So, you should check the trend of USDT chart and USDC chart. BTC.D Chart: It is important to find resistance in the range of 47.64-48.81. USDT.D Chart: A decline below the 2.670 point is critical. ------------------------------------------- (XBTUSD 1M Chart) - Big Trend All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction. Looking at the big picture, I think 4-5 waves are going on. Depending on how you interpret section A, the wave may be different. Likewise, you need to be more careful in your trading, as the parts that have not yet been created may have the same flow as section A. The expected ascent section is near the 80574.0-83397.0 section. This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section. There are two large resistance zones to move up to the expected zone. The two large resistance sections are section a and section b. If it fails to break through section a upward, I think it can represent the same flow as section A. If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (maximum 21K section) even if a bear market continues. If the 38K section is touched, it is expected to lead to a sharp rise. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
BITMEX:BTCUSD.P
by readCrypto
2
Bitcoin (BTC) - November 7Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (BTCUSDT 1W Chart) - Medium to Long-Term Perspective 28130.0-29300.0 or higher: expected to continue upward trend Looking at the CCI-RC indicator, we can see that the CCI line is above the +100 point, indicating that it is already in an uptrend. However, as it is below the EMA line, it can be said that the uptrend was limited. If the CCI line breaks above the EMA line and rises, it is expected to lead to a sharp rise. (1D chart) First resistance section: 60383.36-63162.53 Second resistance section: near point 71500.03 First support section: near the 54825.02 point Second support section: 46487.52-49266.69 It is necessary to check if there is movement out of the first resistance section. In particular, you need to make sure that you go beyond the 59500.0 point or the 64854.0-66001.41 section. It must move above the 66001.41 point to continue the uptrend. If it goes down, you should check if there is a sharp movement as you get closer to the 54825.02-56578.21 section. The green width of OBV in the volume indicator is about to turn red. In the wRSI_SR indicator, the RS line fell below the 20 point. In the CCI-RC indicator, the CCI line tries to touch the EMA line. The movements of the above three indicators indicate unstable movements. The important thing in this movement is to check which section is supported or resisted. We need to see if there is any change in the volatility period between around October 29th - November 6th (up to October 28th - November 7th). ------------------------------------- (BTCUSDTPERP 1D Chart) First resistance section: 62697.4-65574.9 Second resistance section: near point 74207.2 First support section: near 56942.5 point Second support section: near the 48310.2-51187.6 point We need to see if we can sustain the price by moving up to the first resistance zone. If it goes down, you should see if there is a sharp move as you get closer to the 56942.5 point. The next volatility period is around November 12th. ------------------------------------ (Market Cap Chart) You should see how the flow of money changes rather than changes in the price chart. So, you should check the trend of USDT chart and USDC chart. BTC.D Chart: It is important to find resistance in the range of 47.64-48.81. USDT.D Chart: A decline below the 2.670 point is critical. ----------------------------------------------------- (XBTUSD 1M Chart) - Big Trend All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction. Looking at the big picture, I think 4-5 waves are going on. Depending on how you interpret section A, the wave may be different. Likewise, you need to be more careful in your trading, as the parts that have not yet been created may have the same flow as section A. The expected ascent section is near the 80574.0-83397.0 section. This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section. There are two large resistance zones to move up to the expected zone. The two large resistance sections are section a and section b. If it fails to break through section a upward, I think it can represent the same flow as section A. If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (maximum 21K section) even if a bear market continues. If the 38K section is touched, it is expected to lead to a sharp rise. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released. (Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
by readCrypto
1
Bitcoin (BTC) - November 4Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (BTCUSDT 1W Chart) - Medium to Long-Term Perspective 28130.0-29300.0 or higher: expected to continue upward trend Looking at the CCI-RC indicator, we can see that the CCI line is above the +100 point, indicating that it is already in an uptrend. However, as it is below the EMA line, it can be said that the uptrend was limited. If the CCI line breaks above the EMA line and rises, it is expected to lead to a sharp rise. (1D chart) First resistance section: 60383.36-63162.53 Second resistance section: near point 71500.03 First support section: near the 54825.02 point Second support section: 46487.52-49266.69 It is necessary to check if there is movement out of the first resistance section. In particular, you need to make sure that you go beyond the 59500.0 point or the 64854.0-66001.41 section. It must move above the 66001.41 point to continue the uptrend. We need to see if there is any change in the volatility period between around October 29th - November 6th (up to October 28th - November 7th). The reason why I feel unstable in the movement of BTC price is because the CCI line is showing unstable movement on the 1W and 1D charts. Also, I think that the green width of OBV in the trading volume indicator is decreasing, increasing the anxiety. However, it is important not to be deceived by fakes such as BTC price whips or pull back patterns, as it is believed that funds are continuing to enter the coin market due to the upward trend shown in the USDT and USDC charts. ------------------------------------- (BTCUSDTPERP 1D Chart) First resistance section: 62697.4-65574.9 Second resistance section: near point 74207.2 First support section: near 56942.5 point Second support section: near the 48310.2-51187.6 point We need to see if we can sustain the price in the first resistance zone. To continue the uptrend, it must move above the 66927.9 point. If the price falls from the first resistance zone, it may move near the first support zone, so trade cautiously. The next volatility period is around November 12th. ------------------------------------ (Market Cap Chart) You should see how the flow of money changes rather than changes in the price chart. So, you should check the trend of USDT chart and USDC chart. BTC.D Chart: It is important to find resistance in the 47.64-48.81 range. USDT.D Chart: A decline below the 2.670 point is critical. ----------------------------------------------------- (XBTUSD 1M Chart) - Big Trend All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction. Looking at the big picture, I think 4-5 waves are going on. Depending on how you interpret section A, the wave may be different. Likewise, you need to be more careful in your trading, as the parts that have not yet been created may have the same flow as section A. The expected ascent section is near the 80574.0-83397.0 section. This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section. There are two large resistance zones to move up to the expected zone. The two large resistance sections are section a and section b. If it fails to break through section a upward, I think it can represent the same flow as section A. If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (maximum 21K section) even if a bear market continues. If the 38K section is touched, it is expected to lead to a sharp rise. ------------------------------------------ We recommend that you trade with your average unit price. This is because if the price is below your average unit price, whether it is in an upward trend or in a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
by readCrypto
4
bnb usdt daily chartBinance Coin At Make-Or-Break Point After Rally Binance Coin BNB/USD 552.10+11.40 (+2.11%) 03:43:19 - Real-time Data 552.10 06:00 08:00 10:00 550.00 540.00 545.00 555.00 Technical Summary 5 Min:Strong Buy Hourly:Neutral Daily:Strong Buy Monthly:Strong Buy What is your sentiment on BNB/USD? or has enjoyed an upswing in the last few days, which could result in a new bull run. Key Takeaways Binance Coin is up more than 17.5% in the past 30 hours. Now, BNB sits underneath a crucial resistance level. Slicing through $470 could result in new all-time highs. Binance, the world’s biggest cryptocurrency exchange, recently announced a $1 billion fund to support project development on Binance Smart Chain. The news was well-received by investors, pushing Binance Coin’s price closer to a possible breakout. Binance Coin Reaches Pivotal Resistance Binance Coin could be on the verge of breaking out soon, although it faces some critical resistance. BNB has enjoyed significant upward price action over the past 30 hours. The third-largest cryptocurrency by market cap has surged by more than 17.5%, going from a low of $398 to a high of $467. Despite the sudden bullish impulse, BNB has reached a crucial obstacle in its uptrend. The upper trendline of a symmetrical triangle that developed on the daily chart could prevent Binance Coin from advancing further. Since mid-May, this critical resistance level has kept rising prices at bay, leading to a correction each time BNB has tested it. Similar market behavior could result in a rejection that pushes this cryptocurrency towards the triangle’s lower trendline at $360.
by bnb_cake_avax_png_matic
eth usdt daily chartEther scales $4,600 to record high, bitcoin trails Ether, the world's second-largest cryptocurrency, hit an all-time high on Wednesday, catching up with bitcoin's rally and riding on news of wider blockchain adoption. The ether token, which underpins the ethereum blockchain network, rose to as high as $4,643 in Asian hours, breaching the previous day's $4,600 and taking the week's gains to more than 10%. In the days since bitcoin, the world's largest cryptocurrency, hit its record high of $67,016.5 on Oct. 20, other tokens on the base layer of blockchain networks, known as Layer 1 networks, have gathered momentum. Bitcoin (BTC) was trading around $63,078 and is up about 117% this year, while ether is up six-fold. "Since the market reversal at the end of September, ether's strength has been moving in stride with BTC and other majors," said Ryan Rabaglia, managing director and global head of trading at digital asset platform OSL. "Ethereum has been the clear winner of the Layer-1s for what we believe will be a substantial shift in a potentially prolonged market sentiment uplift. Ethereum will also continue to play a major role in the NFT and metaverse ecosystem build out," he said. The steady stream of news on cryptocurrency adoption by banks, growth of non-fungible tokens on virtual gaming platforms, launch of bitcoin futures-based U.S. ETFs and a need among investors for diversification in an uncertain interest rate environment have pushed several blockchain tokens, including bitcoin and ether, higher since October. Smaller tokens too have seen rising interest after Facebook Inc (NASDAQ:FB) rebranded itself into Meta to focus on building the "metaverse", a shared virtual environment. Australia's largest bank, Commonwealth Bank of Australia (OTC:CMWAY), said on Wednesday it will become the country's first to offer retail clients crypto services. According to digital assets researcher CryptoCompare, assets under management (AUM) in digital investment products rose 45.5% in October to a record high of $74.7 billion. The total AUM for bitcoin-based products grew 52.2% to $55.2 billion, while ethereum-based funds AUM increased 30% to $15.9 billion, record highs for both categories.
by bnb_cake_avax_png_matic
btc usdt daily chartBitcoin Regains Traction, Why BTC Could Struggle To Continue Higher Bitcoin price was able to clear the $62,500 resistance against the US Dollar. BTC could correct lower if altcoins continue to gain momentum in the near term. Bitcoin is facing resistance near the $63,500 and $64,250 levels. The price is now trading well above $62,500 and the 100 hourly simple moving average. There is a key bullish trend line with support near $62,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could correct lower if there is a downside break below the $62,500 support. Bitcoin Price Gains Pace Bitcoin price was able to clear the $62,500 and $62,650 resistance levels. BTC even managed to pump above the $63,500 resistance zone and the 100 hourly simple moving average. The price even spiked above the $64,000 level, but there was no proper close. A high was formed near $64,327 and the price is now correcting lower. The price traded below the $64,000 and $63,500 support levels. There was a break below the 23.6% Fib retracement level of the upward wave from the $59,450 swing low to $64,327 high. It is now finding bids near the $63,000 support zone. There is also a key bullish trend line with support near $62,500 on the hourly chart of the BTC/USD pair. On the upside, an immediate resistance is near the $63,650 level. The first major resistance is near the $63,800 level. Source: BTCUSD on TradingView.com The main resistance is still near the $64,000 and $64,250 levels. A clear break above $64,000 resistance may possibly call open the doors for a fresh rally. The next major resistance sits near the $65,500 level. Fresh Dip In BTC? If bitcoin fails to clear the $64,000 resistance zone, it could start a fresh decline. An immediate support on the downside is near the $62,800 level. The first major support is now forming near the $62,500 level. A break below the $62,500 support and the trend line may possibly push the price further lower. The next key support is near the $61,800 level and the 100 hourly SMA. It is also close to the 50% Fib retracement level of the upward wave from the $59,450 swing low to $64,327 high. Technical indicators: Hourly MACD – The MACD is slowly losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $62,500, followed by $61,800. Major Resistance Levels – $63,650, $64,000 and $64,250.
by bnb_cake_avax_png_matic
Bitcoin (BTC) - November 3Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (XBTUSD 1W Chart) - Mid-Long-Term Perspective Above the 27650.0-29350.0 section: The upward trend is expected to continue. Above 47010.0 point: Expected to create a new wave. As the green width of OBV in the volume indicator increases, it is necessary to check if there is an upward movement in the center line. On the wRSI_SR indicator, we need to see if the RS line can hold above 80 until the SR line rises above 80. In the CCI-RC indicator, it is necessary to check whether the CCI line can be maintained above the +100 point. In particular, it is necessary to check whether the flow can be seen rising above the EMA line. However, the same movement as in section A may occur, so it is recommended to check that there is an upward movement. However, as it is a 1W chart, it is reflected too late, so we need to make sure that the price stays above the 58464.0 point. It's a week with a volatility period on the 1W chart, so it's important to see what kind of movement it will see. (1D chart) First resistance section: 60811.0-63634.5 Second resistance section: near the 72104.0 point First support section: near 55164.5 point Second support section: 46695.0-49518.0 I think the first resistance section is an important section to determine the trend. Therefore, it is necessary to check whether there is a movement out of the section 58464.0-66059.5. The reason why you should see a move out of the 58464.0-66059.5 zone is that a whipsaw can create a lot of volatility and move in the opposite direction before forming a trend. This movement was experienced in the flow of a and b. You need to make sure that the green width of the OBV, which is part of the volume indicator, is maintained. On the wRSI_SR indicator, we need to see if we can accelerate the short-term uptrend by moving the RS line above the 80 point. On the CCI-RC indicator, you should check if the CCI line touches the EMA line and rises. It is necessary to check if the current movement will change from the movement between November 1st and 9th (maximum October 31st - November 10th). Since you are in a period of volatility, you should always trade cautiously. ---------------------------------- (BTCUSDTPERP 1D Chart) First resistance section: 62697.4-65574.9 Second resistance section: near point 74207.2 First support section: near 56942.5 point Second support section: near the 48310.2-51187.6 point We need to see if we can sustain the price in the first resistance zone. To continue the uptrend, it must move above the 66927.9 point. If it falls from the first resistance zone, it may move near the first support zone, so trade cautiously. Looking at the wRSI_SR indicator, we need to see if the RS line can move higher than the 20 point and turn into a short-term uptrend. In the CCI-RC indicator, it is necessary to check whether the CCI line can touch the EMA line and show an upward trend. The next volatility period is around November 12th. ------------------------------------ (Market Cap Chart) You should see how the flow of money changes rather than changes in the price chart. So, you should check the trend of USDT chart and USDC chart. BTC.D Chart: It is important to find resistance in the range of 47.64-48.81. USDT.D Chart: A decline below the 2.670 point is critical. ----------------------------------------------------- (XBTUSD 1M Chart) - Big Trend All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction. Looking at the big picture, I think 4-5 waves are going on. Depending on how you interpret section A, the wave may be different. Likewise, you need to be more careful in your trading, as the parts that have not yet been created may have the same flow as section A. The expected ascent section is near the 80574.0-83397.0 section. This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section. There are two large resistance zones to move up to the expected zone. The two large resistance sections are section a and section b. If it fails to break through section a upward, I think it can represent the same flow as section A. If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (maximum 21K section) even if a bear market continues. If the 38K section is touched, it is expected to lead to a sharp rise. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released. (Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
BITMEX:BTCUSD.P
by readCrypto
2
Polygon can hit $3.50 in Q4 matic usdt Polygon can hit $3.50 in Q4 as MATIC’s 20% weekly rally triggers bull flag setup Polygon (MATIC) has the potential to reach $3.50 by the end of this year as it charts a pattern that’s starting to resemble a bull flag. In detail, bull flags are bullish continuation patterns that emerge when the price consolidates following a strong move higher. In doing so, the price tends to trend lower while leaving behind a sequence of higher lows and lower lows.
M
by bnb_cake_avax_png_matic
Avalanche Launches $220m avax usdt chartAvalanche Launches $220m ‘Blizzard’ Fund, Set To Boost DeFi & NFTs The Avalanche Foundation, the principal organization behind the development of the Avalanche blockchain, has launched a new $220 million fund aimed at supporting the growth of decentralized finance, enterprise apps, NFTs, and culture applications. The fund has been named ‘Blizzard’ and is created to support emerging use cases such as security token issuances, liquidity providers, and self-sovereign identity. According to the Avalanche Foundation, several distinguished venture capital firms have pooled together to contribute to the fund, among them are Ava Labs, Polychain Capital, Three Arrows Capital and Dragonfly Capital.
by bnb_cake_avax_png_matic
Bitcoin (BTC) - November 2Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (BTCUSDT 1W Chart) - Medium to Long-Term Perspective 28130.0-29300.0 or higher: expected to continue upward trend Looking at the CCI-RC indicator, we can see that the CCI line is above the +100 point, indicating that it is already in an uptrend. However, as it is below the EMA line, it can be said that the uptrend was limited. If the CCI line breaks above the EMA line and rises, it is expected to lead to a sharp rise. (1D chart) First resistance section: 60383.36-63162.53 Second resistance section: near point 71500.03 First support section: near the 54825.02 point Second support section: 46487.52-49266.69 It is necessary to check if there is movement out of the first resistance section. In particular, you need to make sure that you go beyond the 59500.0 point or the 64854.0-66001.41 section. We need to see if there is any change in the volatility period between around October 29th - November 6th (up to October 28th - November 7th). If the green band of OBV in the volume indicator turns into a red band, it is more likely to fall, so trade cautiously. (The red width of OBV means a strong sell-off.) If it does go down, you should check to see if it finds support in the first support zone. The wRSI_SR indicator is showing a downward movement before the RS line rises above the 80 point. You need to make sure the RS line stays above the 50 point. The RS line usually goes back and forth between 20 points and less and 80 points or more. However, there are times when they do not, and they change direction, which I think shows that the trend going forward is strong. It is expected to create a pull back pattern or whipsaw-like phenomenon to gather the forces needed to form a trend. The 54825.02-56579.21 section and the uptrend line are expected to play an important role in this phenomenon. ------------------------------------- (BTCUSDTPERP 1D Chart) First resistance section: 62697.4-65574.9 Second resistance section: near point 74207.2 First support section: near 56942.5 point Second support section: near the 48310.2-51187.6 point If the price holds at the 56942.5-62697.4 zone, I expect an attempt to move up towards the first resistance zone. In particular, when falling near the 54987.2-56942.5 section, you should check whether there is a sharp rise. Looking at the wRSI_SR indicator, we need to see if the RS line can move higher than the 20 point and turn into a short-term uptrend. In the CCI-RC indicator, it is necessary to check whether the CCI line can touch the EMA line and show an upward trend. The next volatility period is around November 12th. ------------------------------------ (Market Cap Chart) You should see how the flow of money changes rather than changes in the price chart. So, you should check the trend of USDT chart and USDC chart. BTC.D Chart: It is important to find resistance in the range of 47.64-48.81. USDT.D Chart: A decline below the 2.670 point is critical. ----------------------------------------------------- (XBTUSD 1M Chart) - Big Trend All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction. Looking at the big picture, I think 4-5 waves are going on. Depending on how you interpret section A, the wave may be different. Likewise, you need to be more careful in your trading, as the parts that have not yet been created may have the same flow as section A. The expected ascent section is near the 80574.0-83397.0 section. This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section. There are two large resistance zones to move up to the expected zone. The two large resistance sections are section a and section b. If it fails to break through section a upward, I think it can represent the same flow as section A. If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (maximum 21K section) even if a bear market continues. If the 38K section is touched, it is expected to lead to a sharp rise. ------------------------------------------ We recommend that you trade with your average unit price. This is because if the price is below your average unit price, whether it is in an upward trend or in a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
by readCrypto
2