Dao
$ENS/USDT 3h (#BinanceFutures) Falling broadening wedge breakoutEthereumNameService just regained 100EMA support and looks good for short-term recovery, probably after a last dip!
Current Price= 12.964
Buy Entry= 12.702 - 11.530
Take Profit= 15.409 | 18.184 | 20.961
Stop Loss= 9.472
Risk/Reward= 1:1.25 | 1:2.3 | 1:3.35
Expected Profit= +27.18% | +50.08% | +73.00%
Possible Loss= -21.82%
Fib. Retracement= 0.559 | 0.702 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
Tags: #ENS #ENSUSDT #DNS #Domain #Web3 #DAO #Governance #NFT #DeFi #SolEco
Websites: ens.domains ens.mirror.xyz
Contracts:
#ERC20 0xC18360217D8F7Ab5e7c516566761Ea12Ce7F9D72
#SPL CLQsDGoGibdNPnVCFp8BAsN2unvyvb41Jd5USYwAnzAg
Olympus needs the distribution phase in the middle of the A wavebutterfly harmonic pattern:
X=$91
AB=0.78 XA
BC=0.88 AB
0.78 4-5=$262
0.88 4-5=$212
0.78 X-3=$164
0.88 X-3=$125
1.13 X-3=$64
1.6 4-5=$45
1.27 X-3=$43
2 4-5=$20
1.6 X-3=$16.5
2.24 4-5=$12
$LINA/BTC 12h (#BinanceSpot) Descending trendline break & retestLinear Finance is pulling back to 50MA & 200MA support which just made a golden cross, looks ready to bounce back!
Current Price= 0.00000058
Buy Entry= 0.00000059 - 0.00000055
Take Profit= 0.00000068 | 0.00000076 | 0.00000087
Stop Loss= 0.00000048
Risk/Reward= 1:1.22 | 1:2.11 | 1:3.33
Expected Profit= +19.30% | +33.33% | +52.63%
Possible Loss= -15.79%
Fib. Retracement= 0.5 | 0.786 | 1.117
Margin Leverage= 1x
Estimated Gain-time= 5 weeks
Tags: #LINA #LINABTC #Linear #Yield #Farming #DAO #DEx #DeFi #BSC #DotEco
Website: linear.finance
Contracts:
#ERC20 0x3e9bc21c9b189c09df3ef1b824798658d5011937
#BEP20 0x762539b45a1dcce3d36d080f74d1aed37844b878
$KNC/USDT 12h (#BinanceFutures) Rising wedge on resistance Kyber Network Crystal is retesting previous Highs and seems likely to retrace down after that.
Current Price= 3.901
Sell Entry= 3.936 - 4.212
Take Profit= 3.460 | 3.050 | 2.640
Stop Loss= 4.587
Risk/Reward= 1:2 | 1:2 | 1:2.8
Expected Profit= +15.07% | +25.13% | +35.20%
Possible Loss= -12.59%
Fib. Retracement= 0.236 | 0.382 | 0.559
Margin Leverage= 1x
Estimated Gain-time= 1.5 months
Tags: #KNC #KNCUSDT #Kyber #KyberNetwork #v2 #KyberSwap #DEx #AMM #Marketplace #Governance #DAO #DApp #DeFi #BSC
Website: kyber.network
Contracts:
#ERC20 0xdeFA4e8a7bcBA345F687a2f1456F5Edd9CE97202
#BEP20 0xfe56d5892bdffc7bf58f2e84be1b2c32d21c308b
#Polygon 0x1c954e8fe737f99f68fa1ccda3e51ebdb291948c
$API3/USDT 12h (#BinanceFutures) Descending trendline breakoutApplication Programming Interface 3 is holding above 50MA support and looks ready for a sharp recovery, let's bid!
Current Price= 5.624
Buy Entry = 5.505 - 5.257
Take Profit= 6.127 | 6.756 | 7.295
Stop Loss= 4.782
Risk/Reward= 1:1.25 | 1:2.3 | 1:3.2
Expected Profit= +27.72% | +51.10% | +71.14%
Possible Loss= -22.26%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 1-2 months
Tags: #API3 #API3USDT #API #Oracle #Web3 #PoS #Staking #DAO #Governance #DeFi
Website: api3.org
Contract:
#ERC20 0x0b38210ea11411557c13457D4dA7dC6ea731B88a
Cult DaoBull Flag possible formation , only have volume and price movement since March 31st 2022 not much to go on.
cultdao.io
There is a time when the operation of the machine becomes so odious, makes you
so sick at heart, that you can't take part! You can't even passively take part! And
you've got to put your bodies upon the gears and upon the wheels ... upon the
levers, upon all the apparatus, and you've got to make it stop! And you've got to
indicate to the people who run it, to the people who own it, that unless you're free,
the machine will be prevented from working at all!” - Mario Savio
$AAVE/USDT 3D (#BinanceFutures) Falling wedges on supportAave is looking bottomed here on High Time-Frame (HTF) and is very likely to bounce back on historical demand zone.
Current Price= 132.77
Buy Entry= 131.50 - 117.30
Take Profit= 169.60 | 220.18 | 275.84
Stop Loss= 93.45
Risk/Reward= 1:1.46 | 1:3.09 | 1:4.89
Expected Profit= +36.33% | +76.99% | +121.74%
Possible Loss= -24.88%
Fib. Retracement= 0.236 | 0.441 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 6 months
Tags: #AAVE #AAVEUSDT #Yield #Farming #Lending #Governance #DAO #DeFi #BSC #SolEco
Website: aave.com
Contracts:
#ERC20 0x7Fc66500c84A76Ad7e9c93437bFc5Ac33E2DDaE9
#BEP20 0xfb6115445bff7b52feb98650c87f44907e58f802
#AVAXC 0x8ce2dee54bb9921a2ae0a63dbb2df8ed88b91dd9
#SPL 3vAs4D1WE6Na4tCgt4BApgFfENbm8WY7q4cSPD1yM4Cg
#Fantom 0x6a07A792ab2965C72a5B8088d3a069A7aC3a993B
#Polygon 0xd6df932a45c0f255f85145f286ea0b292b21c90b
ENS Drops 60%+ in 2022. Is There Any Hope Left?An update to the drama with Ethereum Name Service (ENS), which has been going through some tough times. This week I swapped out my ryangtanaka.eth ENS domain for ryangtanaka.org - a more traditional DNS domain for all of my #Web3 related activities. (My web hosting account is canceled, still - I'm planning on hosting all of my web activities on IPFS from now on.)
The idea of a decentralized domain system did appeal to me since I wanted to lead by example in my migration towards Web3. But after the controversies with ENS's Operations Director's (Brantly Milligan) bigoted comments surfaced last month it gave a lot of people pause about the whole project, including myself.
Looking into it further, .eth (and all other 3-letter domain names) are currently controlled by ICANN, who tends to be the gatekeeper for most DNS-related things today.) There were talks about using .eth for Ethiopia - though it's not clear right now - but either way, if you want to see .eth domains render in common browsers there's a need for the folks at ENS to strike a deal with the folks there.
discuss.ens.domains
They've been sitting on the problem for over 3 years, basically ignoring the biggest bottleneck for ENS's success, hoping that the problem will somehow resolve itself. Milligans' comment about "anything could happen" isn't exactly a plan, nor leadership, to say the least. He was removed from the non-profit company he was working for, but the DAO's move to remove him as the director of the Foundation Company failed last month. (Milligan has the highest delegate count by far and voted to keep himself, not surprisingly.)
discuss.ens.domains
So I sold all of my $ENS tokens that was airdropped to me as well, as of this week. (I know I'm not the only one.) I did turn a decent profit and I'm not going to turn down free money, but the fact that they couldn't get people to buy into the coin on its own merit should've been a red flag from the beginning, honestly.
Unstoppable Domains is having similar issues with their .crypto/.nft/.coin domains as well - this stuff isn't easy to do, despite how simple it appears to be on the surface. But they do at least have the advantage of not having tarnished their brand with unnecessary provocations so there might still be some path to success.
In a way, this is a perfect example of what Web3 ought to be - if you don't know how to play nice, you're out. The future of the internet lies in forming win-win scenarios out of the decentralized ecosystem, and those who don't know how to do that get weeded out, quickly.
$APE/USDT 1h (#BinanceFutures) Rising wedge breakdownApeCoin looks ready for a local retracement down here after being rejected on supply zone.
Current Price= 13.442
Sell Entry= 13.757 - 14.359
Take Profit= 12.406 | 11.300 | 10.195
Stop Loss= 15.440
Risk/Reward= 1:1.2 | 1:2 | 1:2.8
Expected Profit= +23.50% | +39.24% | +54.96%
Possible Loss= -19.66%
Fib. Retracement= 0.382 | 0.618 | 0.883
Margin Leverage= 2x
Estimated Gain-time= 5 days
Tags: #APE #APEUSDT #NFT #Metaverse #Gaming #Creation #Web3 #DAO #Governance #DeFi
Website: apecoin.com
Contract:
#ERC20 0x4d224452801aced8b2f0aebe155379bb5d594381
Why is Decentraland the Metaverse of Choice for Businesses?The metaverse market as a whole has been down for the last 3 months as we plod through this crypto "winter" - though it's worth noting that Decentraland is slowly closing the gap to Sandbox after its surge last year. But one trend in particular here sticks out -- the emergence of Decentral Games ($DG) coin, which is a project that focuses on casino-style gambling games that are playable directly on the metaverse.
In a way it's not surprising -- if you've been on Decentraland lately you might have noticed something: the majority of traffic on the platform right now is clustered near two types of locations -- play-to-earn games (Wunderland, etc.) and casinos run by organizations like Decentral Games. DG is a coin that went all-in on Decentraland's future -- it named itself after the platform it built itself on, even. We've heard many well-known companies jumping into the metaverse but Decentraland seems to be metaverse of choice above all others. Why?
After looking into the details of the more popular metaverse projects (Decentraland, The Sandbox, Cryptovoxels, Somnium Space...even platforms like Roblox or Meta) the one thing that makes MANA stand out is the fact that it's the most decentralized platform out of all of its competitors, and its governed by its own DAO in a transparent way.
governance.decentraland.org
While there may be many who might oppose DG on principle (taking an anti-gambling stance), DG coin is, too, run by a DAO as well.
decentral.games
We may not see the influx of money going into MANA until the next fiscal year, but the fact that the big companies (including JP Morgan who recently opened its "Onyx Lounge" in Decentraland recently) are going there is easily noticeable -- why? Companies that are planning on operating businesses inside the metaverse seek a platform that maintains its neutrality and largely stays out of its way. The other projects are all run by companies or teams with centralized control in the background - for businesses that have done its due-diligence, a truly decentralized platform is the only option that makes any sort of sense.
Following the lead of DG, a lot of companies are hoping to create commerce layers on top of Decentraland to drive more traffic to its worlds, long-term. In a way, these trends is a validation of the decentralized model, since it encourages other projects to follow the success of the DAO model as a whole. Projects that are currently centralized may find itself being left behind long-term, as the partnerships and resources required to make Web3 models work migrate towards better (neutral) waters as a whole.
PEOPLE/USDT - SYMMETRICAL TRIANGLE I've painted both scenarios here, in the red are a few levels i can see this going to, and in the green are your basic fib retracement 'run' to points.
there is another pattern i can see on a longer timeframe, which i will post at a later date if we continue to run towards that level.
FEAR, TIME TO ADD LONG POSITION.Weekly Time-frame
We are still bullish, and inside the Ichimoku Cloud Tenken Sen Support Area is in $40,467. Relative Strength Index (RSI) is still bullish. We got rejected in the final strand of EMA Ribbon so we went inside the could, and we will still retest the resistance area soon.
1D Time-frame
EMA 144 and 233 was a strong resistance level, we got rejected and even broke the Ichimoku Cloud Senkou A. Bouncing area is $40,594. If we still break the support of $40,010. if it doesn't hold, next support is at $39,056.
Greed and fear Index is 33 back to fear.
alternative.me
Liquidation is $222M mostly long position. That would be a potential bullish in the coming days as all long position gets closed so it will pump again. We are still expecting it to form higher low to continue the up-trend.
4H Time-frame
We have broken Tenken Sen and Kijun Sen support of Ichimoku Cloud. Next support is 144EMA and 200MA are both located at $40,745. EMA 233 support is in $40,961. 4H TF still in the Retracement period in our Awesome Oscillator.
We will discuss more on the possibility on our Live. Stay tune and check with us!
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Disclaimer: Above Technical Analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
147 Million Liquidated Fear or Bullish?Weekly Time-frame
We are again inside the cloud.
We are expecting more to the upside for this weekly candle as it open a green volume from the Awesome Oscillator. Support at $43,440 to $42,010. We need to hold this support to keep the momentum to the upside.
Bullish RSI.
1D Time-frame
We are currently printing a Retracement Candle, bearish Harami means we can expect a red candle for today. Our Awesome Oscillator is still Bullish though so we can expect a long wick to the upside before we continue with the retracement to the downside. Watch out for Stop Loss Hunter at Support level $43,310. Yesterday we got an exact rejection in our EMA 144 which is in $45,360. We shall see a retest to this resistance, it’s forming a flattening slope which means we are experiencing weakeness. Don't trade against the upside trend, just wait pass the Retracement then ride to the upside.
4H Time-frame
Support area of $43,518 is good to open long position if it breaks then expect a drop more to the downside. RSI is not overbought anymore so more area to go to the upside again. 39 Greed & Fear Index means the market is in Fear. We can expect its momentum continues to the upside.
147M of long position got liquidated, giving us bullish sign since market becomes free sky (no celling ).
www.coinglass.com
We are still waiting for the breakout from the Double Bottom. and our Awesome Oscillator has not shown a sign of reversal yet.
We will discuss more on the possibility on our Live. Stay tune and check with us!
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Disclaimer: Above Technical Analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.