COMPUSDT,🟢Is it time to buy?🟢 (Details on Caption)
Well, as you can see the market structure shifted after collecting the liquidity and had a massive bullish move, then the price had a deep retracement to the bullish order block and rose again.
Now, in my perspective, the price can move higher if the first demand zone (57.40-61.58) holds the price and in addition, the price can close the daily candle above 70.70, in this scenario the targets are 79.70 and 85.90, we can define the bearish breaker as our last target.
Alternative scenario: if the demand zone fails to support the price, the price can see lower prices, in this scenario the liquidity pool formed as an equal low at 44.80 can be our target.
What you should know: Compound is a decentralized, blockchain-based protocol that allows you to lend and borrow crypto — and have a say in its governance with its native COMP token.
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🗓️24/02/2024
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Biannce
BTCUSDT 4H | Bitcoin market overview: TriangleHello, dear subscribers!
In the previous review, we looked at the decline in volatility in the bitcoin market, as well as bulls and bears targets.
Since then, the bulls have attempted to consolidate above $38,000, but they have not been able to stay above it for long. Bitcoin's current price is $36,500 to $37,000 and it has fallen back into the $36,000 to $38,000 uncertainty zone. After a massive drop to $30,000, the bitcoin price is moving within a large correctional triangle. According to the theory of technical analysis, the triangle formed after the fall is more likely to continue falling again. But in order to do that, bitcoin price needs to break through the lower boundary of the triangle.
MACD and RSI indicators indicate growing bearish dominance in the market. The OBV indicator is between support 1.4M and resistance 1.7M. These values are targets for bulls and bears respectively.
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CHZ to the MOON?CHZ very calm for a long time, football industry hammered buy super league issues but here is only one big news for next month, the NFT Binance market.
Binance has invested in CHZ probably we will see very good NFT things to sell next month on Binance NFT place.
Not a financial advice
BTCUSDT 4H | Bitcoin market overview: New highs, new hopesHello, dear subscribers!
In the previous review, we looked at positive signals in the bitcoin market, in particular the value of the OBV indicator.
In the following days, bitcoin price overcame local resistances and renewed historical price highs. Resistance zones have turned into support zones.
Currently, the price is in the range of $43,000 - $48,000, the rising trend remains in force. The bulls' target is round $50,000.
MACD indicator is in the green zone, which indicates the strength of the upward movement. The RSI indicator value is in the overbought zone, which suggests that the growth needs a corrective move to reset the overbought. The OBV indicator overcame the previous high of 1.95M, its current value is 2.02M, now the previous high has become a support level for the buyers.
The situation in the bitcoin market remains in the hands of the bulls, who once again won the bears and brought the bitcoin price to a new high. In the coming days we will see if the bulls will be able to keep the initiative in their hands.
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IMPORTARE LA LISTA SU TRADING VIEW
Why Quantstamp (QSP) Is the Most Valuable Cryptocurrency? Pump?Audits are cheaper than hacks. And after the recent hacks of Uniswap and Balance, more projects are turning to Quantstamp to audit their code for weaknesses.
ETH 2.0 is the largest upgrade in crypto history, and Quantstamp is helping audit it.
Prysmatic Labs is the developer behind a Go-based client for ETH 2.0. With the new upgrade, Ethereum is moving from a PoW consensus algorithm to a PoS one to address scalability.
This means there are a host of potential bugs or code errors that can arise with such a transition. It’s why Quantstamp keeps getting tapped to ensure the code quality. The Quantstamp team has audited over 120 contracts to secure over $2 billion worth of digital assets since 2017.
As the launch of ETH 2.0’s Beacon Chain draws near and tests continue, we expect Quantstamp to be the auditor the community leans on. And when the transition takes place, we expect Ethereum’s 2,000-plus dApps to also seek Quantstamp’s services for audits as well.
Being the most trusted Ethereum auditor means as the ecosystem grows, Quantstamp grows with it.
Why you should hold bitcoin Cash!!!Encrypted messaging is coming to the Bitcoin Cash network.
When it comes to communicating and transacting with others, people expect a certain level of freedom and privacy. To preserve it, developers are designing a privacy protocol called Stamp that will operate on Bitcoin Cash.
Stamp will allow anyone to send and receive encrypted messages and payments from anywhere in the world. The project is currently in the early development stages and running on the testnet. We look forward to seeing this project hit mainnet and attract users who value privacy in the process.
History post from Protixder! ---> BTC MARKET WILL DUMP HUGE!maybe later you will see this post, and you will check what is mx effect, and why did bitcoin dump.. for now for the most is bitcoin now in up trend, and think we will increase above ---> this will not happend, as the bitfinex whalles have sending more transactions to exchange to dump btc.
Soon on news you will read that bitfinex have dumped the market.
I have it said it again to you all here. the mx effect have working all time!