Get started

Benqi

Establish a trading strategy that suits your investment styleHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (QIUSDT 1M chart) The key is whether it can receive support and rise around 0.01550-0.01939. If not, it is highly likely that the flow is to create a middle section in the form of a bottom. (1W chart) Since the HA-High indicator is formed at the 0.02464 point, it is highly likely that the price will continue its upward trend if it rises above 0.02464 and maintains the price. However, since a psychological volume profile section has been formed up to the 0.03732 point, a full-fledged upward trend is expected to begin only when it rises above this point. If it falls below 0.01550 and shows resistance, it is likely to fall near the HA-Low indicator. Currently, the HA-Low indicator is formed at 0.00736. However, as the price falls, there is a possibility that a new HA-Low indicator will be created, so support near the HA-Low indicator is important. (1D chart) The HA-Low indicator is formed at 0.01560. Accordingly, the key is whether it can receive support and rise in the important area around 0.01550-0.01939. If the price falls below the HA-Low indicator and shows resistance, there is a high possibility of a cascading decline, so a countermeasure is needed. Since a volume profile section is formed at the 0.0122 point, you need to check whether you can receive support around this area. The HA-High indicator is formed at 0.02715. Since the HA-High indicator on the 1W chart is formed at the 0.02464 point, the 0.02464-0.02715 section is likely to be a resistance zone. If it receives support in the 0.02464-0.02715 range and rises, it is likely that an upward trend will begin. However, since the 0.03549-0.03732 section may again serve as a resistance section, a countermeasure is needed. -------------------------------------------------- ---- To trade by looking at this chart, you need to choose what is most important to you and decide on an appropriate investment period. If the investment period does not suit your investment style, it is better not to trade. The reason is that once you start trading, your psychological influence is likely to have a big impact on your trading. In day trading or short-term trading, it is recommended to buy when support is confirmed in the 0.01550-0.01939 range and sell around 0.02464-0.02715, the first split selling range. At this time, you must decide whether to sell 100% and receive a cash profit, or whether to sell the purchase principal amount and leave the number of coins (tokens) corresponding to the profit. For medium to long term trading, I don't think it's time to trade yet. The reason is that, as mentioned earlier, if it falls below 0.01550-0.01939, there is a high possibility of creating an intermediate section in the form of a bottom. Therefore, it is recommended to proceed with a split purchase when support appears near the HA-Low indicator of the 1M chart or the HA-Low indicator of the 1W chart. Therefore, it is most important to create a trading strategy that suits your investment style. 1. Investment period 2. Investment size 3. Trading method and profit realization method You need to create a trading strategy based on 1-3 above. Numbers 1 and 2 are to determine the investment period and investment size according to your investment style, so you can make your decision by analyzing charts and checking other coin ecosystems. Number 3 is to decide on the detailed trading method when you decide to trade, so you must select the buying, selling, and stop-loss method and decide how to realize profits accordingly. It is useful when conducting mid- to long-term transactions to reserve the number of coins (tokens) corresponding to profit rather than 100% selling. This is because the purchase price of the coin (token) corresponding to profit is 0. Have a good time. thank you -------------------------------------------------- - The big picture A full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched. #BTCUSD 1M If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -----------------
Education
by readCrypto
BENQI (QI)BENQI is a decentralized noncustodial liquidity market as well as a liquid staking protocol built on the high-speed Avalanche smart contract network. The lending protocol allows users to lend, borrow, or earn interest using their digital assets. The Liquid Staking protocol provides a solution for capital efficiency, offering users the opportunity to unlock their staked AVAX to be used on Decentralized Financial protocols. Anyway, the QI start was not bad, considering it went into a long downtrend afterward. Then QI broke the major downtrend line and then tried to make a reversal, which was successful when it broke the first minor horizontal area upward. QI went up, and now it seems oscillating in a big rectangular consolidation area (or some call it a sideways channel). Currently, at the bottom of this area and trying to start the next upward phase. Let's see if QI can break this area and reach the next horizontal resistance area.
Long
by SaeedSalehinia
QIUSDT Analysis after Strong Breakout QI/USDT recently broke out of its month-long range, with strong volume. QI is now sitting at a bull flag and a new trendline in the 1H, that can strengthen the new uptrend. RSI is not looking ideal, as there is a bearish divergence, but it is not confirmed yet. 9-EMA is bullish. QI can continue rising higher if it breaks 0.218(green line in chart). After the breakout, a good short-term target would be 0.300, as it is a "milestone" number. A good stop loss would be at the bottom of the bull flag or the trendline. Do note though, that we are in a bear market. This may decrease the profitability and movement of this cryptocurrency. Keep an eye on the price and RSI for the bearish divergence. Do your own analysis first before trading, and have a good day.
by Trader_ph
3
QI broke out and try to confirm resistance as support#QI/USDT $QI broke out descending resistance then pumped and broke resistance zone that now try to confirm it as support. if price stay above current support zone, it will head up to resistance zone between $0.188 and $0.2, break this zone will increase price toward next resistance that is the same with parallel descending trend line. If price break down current support it will drop to next support around $0.15 to touch descending line, and then another rise.
by parissap
benqi usdt binance chart 15 minuteColony Raises $18.5M to Accelerate Avalanche App Creation Avalanche funding accelerator Colony is celebrating after raising a whopping $18.5 million in its latest round. The capital raised will be distributed across a range of promising projects currently building on Avalanche (AVAX), and will be used to fuel Avalanche liquidity pools in the coming months. Launched in Q3 of 2020, Avalanche is a layer-1 rival to dominant smart contract and dApp platform Ethereum (ETH). In little over a year, the network rose to 11th spot in the global crypto market cap rankings, while its native AVAX token appreciated over 25,000% in value since time of launch. The latest fund-aising efforts by Avalanche partners Colony are part of the firm’s efforts to foster growth within the blockchain’s burgeoning ecosystem. The capital-raising round was led by the Avalanche Foundation and attracted participation from noted crypto investment firms Shima Capital, GBV Capital, Bixin Ventures, and Hashkey. Funding Avalanche’s Future As mentioned, Colony’s war chest will be directed to promising early-stage projects on Avalanche and used to provide liquidity for the blockchain’s various defi protocols. An index of up-and-coming projects will also be decided by a vote conducted by the Avalanche community, at which point 50% of Colony’s capital will be granted to the best ranked teams and projects. Liquidity pools on Avalanche will receive 30% of the raised capital, while 10% will be staked on the blockchain, and another 10% directed to the top ten projects building on Avalanche, ranked by market cap. The Avalanche community will also gain access to seed and funding rounds of early-stage projects through Colony. Colony CEO Elie Le Rest heralded the partnership with Avalanche, saying that the firm would be sharing deal flow to accelerate further growth for projects building on the blockchain network. Le Rest said: “We are delighted to announce that we’ve established close ties with the Avalanche Foundation itself. We’ll be sharing deal flow to create a more fertile ground for projects building on Avalanche, the fastest, highly customizable, smart contracts platform in the blockchain industry.” Nicolas Lemaitre, General Manager at Ava Labs, added that Colony’s goals were aligned with the “community first” ethos of the Avalanche team. Lemaitre said: "It's great to see Colony seeking to create a decentralized democratic financial ecosystem by giving the community access to early-stage projects in seed and private rounds. This is very much aligned with Avalanche's core value: community first.” DAO Evolution Colony has plans to evolve into a Decentralized Autonomous Organization (DAO) by the mid-point of 2022, and will launch its own subnet on the Avalanche blockchain. Colony will conduct a public token sale by the end of 2021, at which point the project will launch in earnest. Colony’s native CLY token will be used to provide airdrops to those staking their coins on Avalanche, and will be subject to a buyback mechanism. CLY will be the main token in Colony’s pending DAO structure, acting as an investment tool and the primary governance token. 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
1
dxy daily chart U.S. Dollar Rallies as Biden Nominates Powell as Fed Chair Investing.com — The US Dollar Index has rallied Monday after U.S. President Joe Biden formally announced he will nominate Jerome Powell to serve as the chairman of the Federal Reserve for a second term. Powell is set to end his current four-year term in February, and there was much speculation about who Biden would nominate before today's announcement. Biden will also nominate Lael Brainard, the other candidate for the top job, as vice-chair. The DXY hit a high of 96.239 in reaction to the news, with the EUR/USD falling as low as 1.1236 and XAU/USD seeing the strongest move, dropping around $28. The dollar's strength is a reaction to the continuity that Powell will provide; however, there is also the fact that many considered Brainard to be even more dovish than the current Fed chair.
TVC:DXY
by bnb_cake_avax_png_matic
1