$STX/BTC is about to explodeBuying volume is increasing and Bollinger Bands are really tight, and that means it's getting volatile.
STX is currently trading in my buying zone for 3 months. It's the 0.618 en 0.65 Fibonacci retracement from the last impulsive wave 1.
From Stacks' market history, it can be seen that stacks has a habit of showing explosive price rises.
As Bitcoin continues to move between 20k-24k and loses market dominance, it seems that this will give room for sats to rise significantly in value.
My expectation is that the 0.382 Fib will be a first point of resistance (2764 sats). Seen from the current price, this is a 45% increase in sats value.
Web3
$APE/USDT 4h (#BinanceFutures) Descending trendline breakoutApeCoin is pulling back to 50MA support and is forming a bullish flag on Low TF, looks ready for a rally!
Current Price= 4.251
Buy Entry= 4.231 - 3.917
Take Profit= 4.790 | 5.452 | 6.113
Stop Loss= 3.499
Risk/Reward= 1:1.25 | 1:2.4 | 1:3.55
Expected Profit= +17.57% | +33.82% | +50.05%
Possible Loss= -14.11%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 10 days
Tags: #APE #APEUSDT #Metaverse #NFT #Gaming #Web3 #Creation #DAO #Governance #DeFi
Website: apecoin.com
Contract:
#ERC20 0x4d224452801aced8b2f0aebe155379bb5d594381
DATA/BTC - Streamr ready to pump soon?Streamr (aka: DATA) has been on my radar a lot recently. Shorter timeframes have been showing greater than usual activity suggesting a lot of accumulation going on, zooming out to the daily chart it's easy to see why that may be. Although not a project that pops up in news feeds too often, Streamr is active and currently in the process of a token migration which they assure traders will not affect exchanges. It's possible that this may be a precursor to a larger announcement although it may just be part of the general development plan. Either way, the project's focus on enabling users to control and monetise their own data - as opposed to big tech controlling it - is something that will become increasingly relevant over the next few years, in particular within the crypto space and discussion around the metaverse.
Putting the fundamentals to one side though, the DATA/BTC chart looks very interesting and very tradable imo. No doubt you've already looked at it before reading this so you should know where i'm going here. To start off then, we have a clear uptrend since the beginning of the year, with price following a slight zigzag pattern held up by a strong trendline support. Prior to this, last year's downtrend was held up similarly, overall this pair seems to maintain a clear and stable floor.
What's far more interesting though is the highs, data is no stranger to massive price pumps and high spikes. So far this year it has made significant moves up on 3 separate occasions: Feb, Apr & Jun, each higher than the previous. What is most interesting however are the peaks. Along with two smaller moves from Dec last year, the peaks of each pump fit perfectly to an ascending trendline as shown above. Furthermore, the timing of the Jun peak corresponds to the intersection of this trendline and a horizontal resistance line from the "shoulders" of a h&s pattern from early last year. I have opted to use the daily chart here as it better shows how fast these moves occur thus the origin of this line is off screen unfortunately, but its worth scrolling back for a look.
That brings us up to now, with the peaks-line currently just over 1000 and another intersection approaching with the resistance line from the head of the aforementioned h&s around 1100 and due to meet in a few weeks. I believe this is the reason for the accumulation and a plausible expectation for the price action over the next few weeks. I have drawn in one possible move with a pullback midway, although something like a single parabolic run is also feasible.
Currently data price is low and just above the main support so potentially we are looking at a 3x-4x move with relatively little downside. However should a noticeable break of support occur we should take that as a change of trend and nullify this plan. If everything plays as outlined, we should take note that another resistance line exists from its Nov '19 high around 1750 which may be important at a later date.
All in all, seems like a fairly good trade with a decent risk/reward ratio. Obviously not financial advice - i'm sure you'll do your own research and make your own decisions - but personally i'm joining in with the accumulation for now.
$GMT/USDT 3h (#BinanceFutures) Descending trendline break retestGreen Metaverse Token is pulling back to 50MA support where we expect a bounce then a short-term recovery!
Current Price= 1.0873
Buy Entry= 1.0837 - 0.9723
Take Profit= 1.3545 | 1.6167 | 1.8789
Stop Loss= 0.7658
Risk/Reward= 1:1.25 | 1:2.25 | 1:3.25
Expected Profit= +31.76% | +57.26% | +82.77%
Possible Loss= -25.50%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
Tags: #GMT #GMTUSDT #STEPN #Web3 #NFT #Metaverse #M2E #Social #App #Gaming #GST #BSC #Solana
Website: stepn.com
Contracts:
#BEP20 0x3019BF2a2eF8040C242C9a4c5c4BD4C81678b2A1
#SPL 7i5KKsX2weiTkry7jA4ZwSuXGhs5eJBEjY8vVxR4pfRx
Deeper Network DPR Biggest News Ever!!!!!!!!!!!!!!!!!Deeper Network DPR Crypto possibly forming a M Pattern with a drop to .081cents if this pattern stays Bearish . News: CoinDesk Consensus 2022 Web3 Pitch Fest Extreme Tech Challenge. Won 2nd place with an exclusive invitation to showcase at Sir Richard Branson’s Necker Island on Aug. 5 & 6, 2022 chance to pitch to the Virgin Impact team and other global heavyweight investors.
Websites:
www.coindesk.com
www.deeper.network ( DPR Main Equipment Website)
dpr.deeper.network (Mining Rewards after Staking)
www.deeperscan.io ( DPR Wallet Lookup)
apps.deeper.network ( DPR Crypto Polkadot Parachain Governance System, New Wallet, Smart Contracts Upload, Miner Wallet Info)
www.youtube.com ( DPR Videos)
www.fbi.gov (FBI VPN Video)
parachains.info (Deeper Chain Polkadot Parachain Pending)
apps.deeper.network (Deeper Chain Treasury Wallet Address: 5EYCAe5ijiYfyeZ2JJCGq56LmPyNRAKzpG4QkoQkkQNB5e6Z )
-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 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
- Burn Wallet: 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 or so until they slowed it down to every 24 Days thru the Treasury Waiting for Deeper Network to provide Burn Wallet Address for all three Blockchains so the community.
- Polkadot Parachain for Deeper Chain – not yet (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
Warning: Possible Token Crash Starting in September 2022 thru the next 8 months
Company Info:
Deeper Network of the Marshal Islands (no office location there currently) Crypto Currency, filed on March 8, 2019 Entity number 100333
Deeper Network Inc of Delaware USA (no office location there currently) Software Developer/ VPN / DPN , Entity 201816910575 6/14/2018, EIN Tax ID# 841835438
Location Of Head Quartiers Office: The main temp office rental location no longer exists that is advertised and on Entity Documents, 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.
Location of their servers where 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.
(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
Deeper Network DPR NewsDeeper Network DPR Crypto possibly forming a M Pattern with a drop to .081cents if this pattern stays Bearish. News: Tomorrow 6/11/2022 is the competition at CoinDesk Consensus 2022 Web3 Pitch Fest Extreme Tech Challenge. The Top four (three winners + one wild card) will receive an exclusive invitation to showcase at Sir Richard Branson’s Necker Island on Aug. 5 & 6, 2022 chance to pitch to the Virgin Impact team and other global heavyweight investors.
Websites:
www.coindesk.com
www.deeper.network ( DPR Main Equipment Website)
dpr.deeper.network (Mining Rewards after Staking)
www.deeperscan.io ( DPR Wallet Lookup)
apps.deeper.network ( DPR Crypto Polkadot Parachain Governance System, New Wallet, Smart Contracts Upload, Miner Wallet Info)
www.youtube.com ( DPR Videos)
www.fbi.gov (FBI VPN Video)
parachains.info (Deeper Chain Polkadot Parachain Pending)
apps.deeper.network (Deeper Chain Treasury Wallet Address: 5EYCAe5ijiYfyeZ2JJCGq56LmPyNRAKzpG4QkoQkkQNB5e6Z )
-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 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
- Burn Wallet: 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 or so until they slowed it down to every 24 Days thru the Treasury Waiting for Deeper Network to provide Burn Wallet Address for all three Blockchains so the community.
- Polkadot Parachain for Deeper Chain – not yet (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
Warning: Possible Token Crash Starting in September 2022 thru the next 8 months
Company Info:
Deeper Network of the Marshal Islands (no office location there currently) Crypto Currency, filed on March 8, 2019 Entity number 100333
Deeper Network Inc of Delaware USA (no office location there currently) Software Developer/ VPN / DPN , Entity 201816910575 6/14/2018, EIN Tax ID# 841835438
Location Of Head Quartiers Office: The main temp office rental location no longer exists that is advertised and on Entity Documents, 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.
Location of their servers where 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.
(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
CNI REVERSE INBOUND! CNI wil reverse soon, and put a end on this tremendous bearmarket. Minimum target 1.0! Get ready!
$ENS/USDT 3h (#BinanceFutures) Falling broadening wedge breakoutEthereumNameService just regained 100EMA support and looks good for short-term recovery, probably after a last dip!
Current Price= 12.964
Buy Entry= 12.702 - 11.530
Take Profit= 15.409 | 18.184 | 20.961
Stop Loss= 9.472
Risk/Reward= 1:1.25 | 1:2.3 | 1:3.35
Expected Profit= +27.18% | +50.08% | +73.00%
Possible Loss= -21.82%
Fib. Retracement= 0.559 | 0.702 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
Tags: #ENS #ENSUSDT #DNS #Domain #Web3 #DAO #Governance #NFT #DeFi #SolEco
Websites: ens.domains ens.mirror.xyz
Contracts:
#ERC20 0xC18360217D8F7Ab5e7c516566761Ea12Ce7F9D72
#SPL CLQsDGoGibdNPnVCFp8BAsN2unvyvb41Jd5USYwAnzAg
Tezos (XTZ) Continues its Rally: The Future of NFTs and Web3Tezos continues to beat the markets (both in crypto and in fiat) as of this week, growing as much as 20% in the last 5 days while most other assets continues to slump. This growth is being driven by increased transactions and traction - particularly around the NFT marketplaces.
A more detailed look at the history and growth potential of the chain.
teia.surf (Curation Layer built on Teia)
teia.art (Version 2 and re-brand of Hic et Nunc)
objkt.com (One of the biggest NFT platforms on the Tezos ecosystem right now - recently formed a partnership with TEIA for cross-platform interoperability.)
$DIA/BTC 2D (Binance Spot) Bug falling wedge on supportDecentralised Information Asset looks bottomed here, we expect that dip to be the last then finally start the reversal.
Current Price= 0.00002656
Buy Entry= 0.00002665 - 0.00002405
Take Profit= 0.00004054 | 0.00005321 | 0.00007541
Stop Loss= 0.00001927
Risk/Reward= 1:2.5 | 1:4.58 | 1:8.23
Expected Profit= +59.92% | +109.90% | +197.48%
Possible Loss= -23.98%
Fib. Retracement= 0.382 | 0.559 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 6 months
Website: www.diadata.org
Contracts:
#ERC20 0x84ca8bc7997272c7cfb4d0cd3d55cd942b3c9419
#BEP20 0x99956d38059cf7beda96ec91aa7bb2477e0901dd
$GAL/USDT 1h (#KuCoin) Descending channel breakoutProject Galaxy is the new Binance Launchpool and just regained 50MA support, looks ready for another leg-up!
⚡️⚡️ #GAL/USDT ⚡️⚡️
Exchanges: Binance, KuCoin
Signal Type: Regular (Long)
Current Price:
10.750
Entry Zone:
10.678 - 10.002
Take-Profit Targets:
1) 12.353
2) 14.375
3) 16.397
Stop Targets:
1) 8.582
Risk/Reward= 1:1.15 | 1:2.3 | 1:3.45
Expected Profit= +19.47% | +39.02% | +58.58%
Possible Loss= -17.00%
Fib. Retracement= 0.5 | 0.702 | 0.883
Margin Leverage= 1x
Estimated Gain-time= 1 week
Tags: #GALUSDT #Galaxy #Web3 #MVB #Oracle #Creation #DeFi #BSC
Website: galaxy.eco
Contracts:
#ERC20 0x5fAa989Af96Af85384b8a938c2EdE4A7378D9875
#BEP20 0xe4Cc45Bb5DBDA06dB6183E8bf016569f40497Aa5
Bitget Lists GAL/USDT (Project Galaxy) in Web3 Zone Launching on MEXC Exchange today 30 min
GAL/USDT (Project Galaxy) will be listed in the Web3 Zone. Project Galaxy (GAL), is one of the leading Web3 credential data networks, it helps Web3 developers and projects leverage digital credential data and NFTs to build better products and communities.
You may now deposit GAL on the asset page. The specific details are as follows:
Deposit Time: May 5, 12 PM (UTC)
Trading Time: May 5, 2 PM (UTC) 👉Trade GAL Now
Withdrawal Time: To Be Announced.
GMT Stepn Metaverse earn to playUpdated GMT Stepn Token Metaverse Earn to play fitness STEPN is a Web3 lifestyle app with fun social elements and gamification design. Users equipped with NFT Sneakers – walk, jog or run outdoors to earn GST , which can be used to level up and mint new Sneakers.
Player can choose to lease or sell their NFT Sneakers on the in-app Marketplace; users’ GST earnings are stored in the in-app Wallet, which has a built-in Swap function.
$SC SiaCoin a strong case for the bullsSiaCoin the dentralized storage platform has had a 500% increase in storage used on its network since 2021 constantly growing and repeatedly setting ATH's in usage, the network had 0.5 PetaBytes stored by its users and at writing today has 2.5 Petabytes stored on the network. Behind the scenes of the token itself, the project is consistently growing in its utility and users, the sia network and the coin are paired like an elastic band and its only a matter of time as the sia network pulls further and further ahead that the coin will shoot back to the project and catch up to the gains the network is making.
The calm before the storm.....
In this analysis i've touched on some rough wave theory on the weekly marked by points 1 through 5 and points w,x & y. Ive then also brought in the fibs as it seems to have been respected at the .236 and .5 indicating the possibility of the more significant fibs being tested.
View siastats.info to view the growth of the network.
$WAVES/USDT 1h (#BinanceFutures) Falling wedge breakoutWaves Protocol is downtrending for a while but seems to finally be showing some reversal signs!
Current Price= 15.824
Buy Entry = 15.876 - 15.353
Take Profit= 17.166 | 18.318 | 19.537
Stop Loss= 14.259
Risk/Reward= 1:1.15 | 1:2 | 1:2.9
Expected Profit= +19.88% | +34.64% | +50.24%
Possible Loss= -17.36%
Fib. Retracement= 0.382 | 0.441 | 0.702
Margin Leverage= 2x
Estimated Gain-time= 1 week
Tags: #WAVES #WAVESUSDT #WavesTech #Web3 #LPoS #Staking #SC #DEx #WavesExchange #WX
Websites: waves.tech wavesassociation.org waves.exchange
Contract:
#Mainnet
#btcstarburst Polkadot DCA Always…Possibly one of the most promising Alts in the space… Great partnerships although still being drained from btc, can see at least 300% gain potential from here… Interesting link is not ahead… I would expect a major jump once staking becomes available sine they are in a class of their own… hopefully people are taking advantage of the market safely…DCA safely get rich in the bear market, be patient and sell with the bulls this is a Gann study
FTM pivotal pointRight now is a pivotal point in fantom's chart. One last support is available before ultimate capitulation and a dreadful crash.