Dao
$ILV/BTC 8h (#Binance) Falling wedge breakout and retestIlluvium is pulling back to 100EMA support after a clear bullish move, more up-trend against Bitcoin sounds legit.
⚡️⚡️ #ILV/BTC ⚡️⚡️
Exchanges: Binance
Signal Type: Regular (Long)
Amount: 7.3%
Current Price:
0.003430
Entry Targets:
1) 0.003316
Take-Profit Targets:
1) 0.003992
Stop Targets:
1) 0.002864
Published By: @Zblaba
$ILV #ILVBTC #Illuvium #P2E #NFT
Risk/Reward= 1:1.5
Expected Profit= +20.4%
Possible Loss= -13.6%
Estimated Gaintime= 3 weeks
CULT DAO 4000% MOVEIts been nearly a whole year since CULT was created and it has never been a bad time to stack some CULT.
The parabolic ascend has possibly started and the 4.236 extension sits about 39x from current price.
The first FIb time on CULT has been set ,max momentum March 2023 and top sometime late June 2022.
On the daily time frame we have a perfect symmetrical triangle a breakout sits nicely on the 1.618 Fib.
Check out last CULT DAO TA , caught that 80% pump perfectly and now on to then next swing .
CULT is the infinite machine .
$XCN/USDT 8h (#Bybit) Descending trendline breakout & retestOnyxcoin (a.k.a. Chain) is pulling back to 200MA support after a clear bullish move and just printed an inverted hammer, looks good for more recovery.
⚡️⚡️ #XCN/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (1.2X)
Amount: 6.9%
Current Price:
0.01463
Entry Targets:
1) 0.01435
Take-Profit Targets:
1) 0.01953
Stop Targets:
1) 0.01089
Published By: @Zblaba
Risk/Reward= 1:1.5
Expected Profit= +43.3%
Possible Loss= -28.9%
Estimated Gaintime= 3 weeks
$XCN #XCNUSDT #Onyxcoin #Chain
onyx.org
$CRV/USDT 12h (#BinanceFutures) Ascending triangle on supportCurve just pulled back to 50MA and seems to be preparing for another impulse leading to a bullish breakout.
⚡️⚡️ #CRV/USDT ⚡️⚡️
Exchanges: Binance Futures
Signal Type: Regular (Long)
Leverage: Isolated (2.0X)
Amount: 8.1% (Risk=3%)
Current Price:
1.054
Entry Targets:
1) 1.047
Take-Profit Targets:
1) 1.339
Stop Targets:
1) 0.852
Published By: @Zblaba
Risk/Reward= 1:1.5
Expected Profit= +55.8%
Possible Loss= -37.2%
$CRV #CRVUSDT #Curve #DAO #DeFi
DAO Is Searching For The Strong SupportCryptocurrency DAO Maker is trading bearish for the last year, but the wave structure looks like an A-B-C corrective decline that can be slowly coming to an end, ideally at the end of 2022 or beginning of 2023.
From Elliott wave perspective we are already tracking a motive wave C, which should be completed by a five-wave cycle of the lower degree. In this case as an ending diagonal (wedge) formation, where final wave (5) of C can be now in play.
Technically speaking, we believe that strong support may not be far away, probably here at the yearly lows, here around 1.0 level or maybe slightly lower. There's also a chance for a spike down before we will see a bullish reversal, just keep in mind that first bullish evidence is only in case if we see sharp or impulsive rebound back above 2.55 region.
All the best!
$MANA/USDT 12h (#Bybit) Rising wedge breakdown and retestDecentraland looks locally topped here and seems likely to retrace down to 200MA / ascending TL support.
⚡️⚡️ #MANA/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (2.3X)
Amount: 6.5%
Current Price:
0.6955
Entry Zone:
0.6975 - 0.7465
Take-Profit Targets:
1) 0.6070
2) 0.5205
3) 0.4340
Stop Targets:
1) 0.8180
Published By: @Zblaba
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +36.6% | +64.2% | +91.7%
Possible Loss= -30.6%
Estimated Gain-time= 3-4 weeks
Website: decentraland.org
CULT A while back i posted this TA on CULT DAO
Check it out.
I have been accumulating heavily at these prices , I think this project is a ticking time bomb, its baked into the code , its undeniable that over time supply will shrink and one day there won't be much cult to buy.
At the moment we are in a triangle and since October 2022 we have formed a very nice base , lower highs on the daily since Nov 29th 2022 .
RSI also showing something big stirring up with if we can break this level of resistance we could see a nice rally.
Money Flow Index
We can also see that MFI has been making lower highers ever since September 2022
This project goes to 10 billion marketcap in the future no doubt sometime by 2025.
LDO shortI do think there is a chance this run up could continue..... but i believe we at least drop down to 1.05 to 1.02 for strength to push again
I have the support lines in broken line form on the chart The green line is where i am looking to take profit and looking for reversal back up. SL is gonna be just above the trendline if we break back over it we should fly
$KNC/BTC 12h (#Binance) Falling broadening wedge breakoutKyber Network Crystal regained 50MA support and looks ready for a short-term recovery after that clear retest.
⚡️⚡️ #KNC/BTC ⚡️⚡️
Exchanges: KuCoin, Binance
Signal Type: Regular (Long)
Amount: 6.9%
Current Price:
0.00003839
Entry Targets:
1) 0.00003764
Take-Profit Targets:
1) 0.00004582
Stop Targets:
1) 0.00003217
Published By: @Zblaba
$ENS/USDT 1D (#Bybit) Symmetrical triangle breakoutEthereum Name Service seems to be ready to go back up after regaining the descending Trend-Line.
ens.domains ens.mirror.xyz
Risk/Reward= 1:1.2 | 1:2.1 | 1:3
Expected Profit= +27.84% | +48.78% | +69.74%
Possible Loss= -23.27%
Fib. Retracement= 0.236 | 0.382 | 0.5
Margin Leverage= 1x
Estimated Gain-time= 2-3 months
$ILV/USDT 12h (#Bybit) Falling broadening wedge breakout retestIlluvium finally ended the long down-trend and is pulling back to 100EMA regained support, time for a swing.
⚡️⚡️ #ILV/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (1.0X)
Amount: 7.2%
Current Price:
68.2
Entry Zone:
66.1 - 58.7
Take-Profit Targets:
1) 83.1
2) 98.7
3) 114.3
Stop Targets:
1) 45.1
Published By: @TradingOn
Risk/Reward= 1:1.2 | 1:2.1 | 1:3
Expected Profit= +33.16% | +58.14% | +83.13%
Possible Loss= -27.71%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 1.5 months
Tags: #ILVUSDT #P2E #Metaverse #NFT #Gaming #DAO #DeFi
Website: www.illuvium.io
CRVUSD completed the Inverted Head and Shoulders. Buy.Curve Dao Token (CRVUSD) is on a three day bullish streak, attempting to make contact again with the 1D MA50 (blue trend-line). Even though the short-term outlook in the past week has been bearish, we have a series of strong reasons to expect a bullish break-out in the coming days.
First and foremost, the price with the current rise seems to have completed an Inverted Head and Shoulders pattern (IH&S). The current Resistance is around 1.6120 and a break above should be considered as a bullish break-out signal targeting the 2.0 Fibonacci extension at 4.8190 on the long-term. As the chart shows, it is highly likely that this Resistance test will take place at the same time as a 1D MA200 (orange trend-line) test, which is intact since February 10 2022.
Secondly, the 1D MA50 has made a Bullish Cross with the 1D MA100 (green trend-line) for the first time since September 04 2021. At the time, that was an early buy signal into the big rally in the second half of 2021. At the same time, the MACD on the 1W time-frame has been on a Bullish Cross as well, for the first time since August 31 2021.
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August 17 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
According to Glassnode, the Number of Ethereum addresses in profit (7d MA) just reached a 3-month high of 5224410.732. Bitcoin is almost flat over the past 24 hours. The largest cryptocurrency attempted to sustain above the psychological resistance at $25,000 for the past three days, but the price could not sustain the higher levels, indicating a loss in upside momentum. If the bears push the price below the 20-day EMA ($23,512), the BTC/USDT pair could find support at $22,000.
Today’s Cryptocurrency Headline
Aave Says On-Chain Wallet Address Censorship will Require DAO Consensus
DeFi lending protocol AAVE stated that wallet monitoring due to government sanctions cannot be implemented at the smart contract level unless the community agrees. Aave said: “As for on-chain, contract-level as it applies to the Aave Protocol, the Aave smart contracts are decentralized — no one person or entity can change, control, update or shut down the protocol. For any change to occur to the protocol, an AIP would have to be proposed, voted on, and approved by the Aave DAO.” The DeFi lender also clarified that the recent block on wallet addresses with indirect Tornado Cash interactions only occurred on its front-end app.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
ENS DAO NFT Culture Now that ens is under $10 (not the $3 I predicted in November 2021, but close enough) it’s looking like a bright spot in the crypto market. One thing that many shitcoin crypto projects have failed to do is create value in any way.. No products, no use case, literally a ponzi. ens domains maybe building something and it’s profitable. I’ll admit it’s not much but it’s something and it’s gained a lot of traction on Twitter. They have a product (.Eth domains) they have revenue, and they have a governance token which could be used in the future to allocate the profit from .eth domain sales towards anything really.
I’m gonna start posting some of my picks for best cryptos to invest during the cryptopocalypse - here’s the first one - ens, ill start buying a little now. I don’t care if it’s the bottom, I’m ok with ens going to 0. I’ve also started accumulating .eth names as well as other domain extensions like .XYZ .NFT and more. It’s kind of fun once you get into it, and it’s a low barrier of entry. I already sold a few .Eth names for profit after just a few months of playing with them.
Cult Dao Breakout 30th June 2022cultdao.io
There is no control, no human interference whatsoever, we cannot change Cult, we cannot access the liquidity, we cannot upgrade or edit the smart contracts or the token. Cult is different because it cannot be stopped, not by the Guardians, the developers, the government,regulation or anybody.
cultdao.io
They can destroy the servers but the code lives on, the investments into Decentralised technologies remain.