Kava UsdtKava Usdt Sucessfully bounce back from supportline as well as trend line.
Long Kava Usdt
Entry 0.98, 0.97
TP. 1.03, 1.05
SL: 0.94
Cryptotradingresource
DOGE 9/28 morning updateDoge has been sliding considerably the past few months. However, I feel that the .19 is the bottom for this current cycle.This is further solidified by examining the persistent bounce at this support level . I feel that today we will ride between .19-.20. When I look out I feel that by October 4 we will start seeing that uptrend and be at around .21. My price target for the end of the year is a 1.15 doge if it follows the trend lines . Which it has since Feb.-March. I see DOGE flirting at higher levels but settling at the 1.00 level by years end.
Looking at the fundamentals a lot of work is being done by the DOGE team. Working to build an eth bridge, restarting the doge foundation, as well as commerce accepting payments. Take away the meme factor the fundamentals of doge are pretty solid and make sense for mass adoption. The meme factor to me is no different than branding and commercialization. Which any good product needs. You can be technically flawless but have zero following (i.e. LTC). I think doge is a decent exposure and one that should be part of any traders arsenal. Again, this is just my opinion. Do your own research. Till later happy trading!
- J
1inch DEX full market overview (x10 possible?)Dear investors,
I've been following this project closely the last few months and find it very interesting that I want to share my thoughts on this opportunity.
In this chart we have a look at the fundamentals and technical indicators of the 1inch token.
Fundamental analyses
What is 1inch project
1inch is a liquidity aggregator, which connects several DEXes onto one platform. It then helps users get the best price for an optimized trade. 1inch recently also launched its own automated market maker (AMM) protocol, Mooniswap. AMM is a type of DEX protocol that relies on algorithms to price assets, unlike on order books on centralized exchanges.
DeFi protocol 1inch closes $12M funding round led by Pantera Capita
It got a 12M funding round back in november, it's current marketcap sits around $120M and as you can see this is already x10 from the funding round.
the current circulating supply is 75 million tokens, with a total supply of 1.5B, so that means that there are still a lot of tokens to be launched, could this be a red flag for long term investors? there is only 6% of the total supply in circulation, and they plan to launch 30% trough community incentives over the next 4 years. this could have a huge influence for the price.
Who Are the Founders of 1inch?
1inch was founded by Sergej Kunz and Anton Bukov over the course of the ETHNewYork hackathon in 2019. The two had earlier met during a live stream of Kunz’s YouTube channel (CryptoManiacs), and began entering hackathons together, winning a prize at a hackathon in Singapore as well as two major awards from Ethereum Global.
What Makes 1inch Unique?
1inch is unique in that it provides instant governance for its users. This feature allows 1inch users to vote for specific protocol settings in the decentralized autonomous organization (DAO) model
Technical analyses
Will it test the All time high?
Given the current market situation, where there flows a lot of money from bitcoin to altcoins, I'm pretty certain we will also see a rise in the price of 1inch. it has broken out of the $1.60 level as you can see on the chart and will now continue to test $2 - $3 levels. Recently it broke it support/trend line and wen't a little back to the $1.45 -$1.55 levels as bitcoin dropped to $28k.
Scenario 1 (it stays under $1.60)
If it stays under the $1.60 this could be a good opportunity to accumulate the 1inch token, as it will retest the green zone shown in the chart. this would be the best scenario for people who still want to enter a long on this token. but as we can see in the past, it doesn't stay long at the $1 level and goes back fast to $1.50 - $1.60 to test these levels.
Scenario 2 (it stays above $1.60)
If it stays above the $1.60 level it could hover a bit around the $1.80 - $2.00 range as we have seen before, if it breaks these levels the way is free to $2.35 and then $3. after that its unknown terrain and who knows what could happen. if we look at the current market cap there is a lot of space to grow and could do a x10 for sure. It would then be valued at $17. but we still have a long way to go for this coin. let's see what the future gives us.
If you read this, thanks for reading and I'll loving discussing about it in the comments.
Peace out!
Have some Bitcoin to spare? - DNT showing good RRR right nowHey everyone,
YES, it came out of nowhere
YES it was horrific
BUT it's over.
Had this idea charted on #DNTBTC for a while now - thought we would never see it play out - but here we are at a perfect entry with a break of the low established since August of 2019.
>Main range is represented by the black horizontals
>Both Take Profit and Stop Loss are based off Fib levels
Get your orders filled risking 1% or max 2% of your Bitcoin trading capital. Max 2% allowed!
Take care,
Vlad The Crypto Trader
Bitcoin - Stop run and back to $9750Typical bitcoin "scam PA" over the weekend. It was dropped by $400 and after bleeding all day instantly came back at the end of the day.
Rejected off resistance at $9800, close above or strong pump through this level will be an absolute long signal for me.
$10k was tested a lot of times and each time the probability of a break-in increases
Let's see how it goes today.
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
Catching the bottoming of the XTZ bull?Hey everyone,
after some consolidation in a clear range I believe XTZ is ready to continue it's trend up.
What we see here is a range bound price action that is ready to expand in a given direction.
Ignoring here the effect of Bitcoin on altcoins slightly, the bias for the break on this symmetrical pennant is up due to the - you guessed it already - previous trend.
Nice confluence with the Point-of-Control and a decent Risk-Reward-Ratio.
Let's see what it bring.
Take care,
Vlad The Crypto Trader
VET/USDT LONG - Going over 0.01$Hey everyone!
The best ones usually don't need that much explanation. (I'm just at work and don't have too much time to detail right now).
Follow the trend - it's your best friend :)
Take care,
Vlad The Crypto Trader
