ETH raises $10 billion in Series A Ethereum Push Notification Service (EPNS), a decentralized correspondence layer for the crypto space, has brought $10.1 billion up in a Series A financing round to extend its Web3 informing abilities past the Ethereum blockchain.
Cryptographic money framework outfit Jump Crypto drove the subsidizing round with interest from Tiger Global, ParaFi, Polygon Studios, and Wintermute. Different financial backers included Sino Global Capital, Harmony Foundation, and Zebpay, among others.
As indicated by Thursday's declaration, the EPNS Series A puts the undertaking's valuation at about $131 billion. The undertaking brought $1.41 billion up in seed financing in late 2020.
Billionsfx
USDCHF FALSE CHANNEL BREAK OUT1)Price failed to break and close above resistance zone @ 0.99040
+ triple top formed @ 0.99500 zone
2) False Break and retest of descending price channel
3) Daily support broken @ 0.98402 zone
4) Previous Daily candle closed as an bearish engulfing
5) MA's spiralling to the downside
adding confluence to bearish momentum
6) A break of the trend line will warrant shorts
7) Target 1 @ 0.95039 zone = weekly support giving extra confluence
GBPNZD CONTINUATION OF DOWNTREND?1) Double top formed @ Daily resistance @ 109523 zone
2) Downside shifts in MA's
3) Previous/ most recent daily candle closed below resistance level
@ 1.84228 zone, if zone holds + next daily candle close below zone
will warrant further shorts.
4) Target 1 @ 1.80041
5) Target 2 @ 1.76786 = Daily support zone giving extra confluence
EURJPY SETUP - BULLISH EURO,POSSIBLE NEW SWING LOWS?Bullish price action may see new swing lows @ 106.989 area in a few weeks?
as the pair has consecutively made Lower highs and lows.
1) Break and retest of trend line
2)strong resistance levels @ 114.467 area
+ downside moving averages
for further confluence for continuation of bullish trend conformation
3) Daily candle closed as an bullish engulfing previous days
+ broken and closed daily below resistance 114.467 area
4) If resistance holds @ 114.467 zone and price breaks 113.847
warrant shorts
5) Target 1 @ 112.354
6) Target 2 @ 110.939
7)Target 3 @ 109.231
USDCHF BULLISH BREAK OF PRICE CHANNELPrice failed to complete new swing low within price channel
1) Break and retest of descending price channel
2) Daily support held @ 0.98402
3) Daily candle closed as an bullish engulfing previous days
+ broken daily resistance @ 0.99040
4) Target 1 @ 0.96627
5) Target 2 @ 1.00398
USDJPY POSSSIBLE NEW SWING LOW!?1) Multiple price rejections for further upside @ resistance level 104.987
2) A Break of trend line & break of support zones 103.5352 & 103.358 will warrant shorts.
3) Target 1 @ 101.043
4) Target 2 @ 98.764
We may possibly see a new swing low if 98.764 is taken out
as on higher time frames the pair has been making lower highs & lows consecutively.
GBPNZD SET UP1) If price takes out resistance level @ 1.90523
2) longs to 1.95176 which is in confluence with 61.8 fib and 50 MA
3) If 61.8 fib level (1.95176 ) fails to hold as resistance further longs to 2.000
4) If 61.8 fib level (1.95176 ) holds successfully as resistance shorts back into 1.9052 3
GBPUSD BREXIT ANALYSISTRADE WITH CARE THIS WEEK AS FUNDEMENTALS WILL RESULT IN MAJOR VOLATILITY ACROSS THE GBP AND EUR PAIRS!.
A FULL ANALYSIS BREAKDOWN WILL BE UPLOADED ONTO MY YOUTUBE CHANNEL BedroomBillions, Follow me on Twitter & Instagram @ Billionsfx , for regular market analysis
Following the upcoming brexit referendum gbpusd is likely to see large amounts of volatility, the pair is currently forming a triple top at key daily resistance @ 1.46838 zone, this is also in confluence with 200 ma which has been providing resistance for the pair.
The descending trendline has also acted as key resistance for the pair since September 2015 which we have seen many big downside movements off. A break ( and maybe restest if lucky to see one ) will warrant long entries to the upside target highlighted @ 1.52744.