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Ecosystem

AAPL has IndoChina headwinds SHORTAAPL is here on a 120-minute chart in what appears to be a falling wedge pattern. As volatility gets compressed further it could break down or break out with a bais for the latter. I believe that the rise of generic phones in China and Inda with comparable cameras and other functionality has impacted AAPL as had the rising prices of its flagship products. Time will tell how this plays out. In the meanwhile, I will consider that AAPL stays in its wedge and play the top trendline with a short and go long from the bottom. At present , with price at the upper resistance trendline, I will add to my short position. I see AAPL staying underneath the 0.5 Fib retracement level of the uptrend for the time being.
NASDAQ:AAPLShort
by AwesomeAvani
ATOMic Impulse Soon 💣Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 ATOM has been overall bullish, trading within the flat rising wedge pattern in black. Currently, ATOM is in a correction phase, approaching the lower bound of the wedge. Moreover, it is retesting a strong support and round number $10 in gray. 🏹 Thus, the highlighted Atom logo with the blue arrow is a strong area to look for buy setups as it is the intersection of the gray support and lower black trendline. 📚 As per my trading style: As #ATOM approaches the blue arrow zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
2
INJ - Injecting An Impulse 💉Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 INJ has been overall bullish , trading within the flat wedge pattern in red. Currently, INJ is in a correction phase, approaching the lower bound of the wedge. Moreover, it is retesting a strong support at $31.5. 🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the blue support and lower red trendline. 📚 As per my trading style: As #INJ approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
4
BONK: Retest and Potential PUMP !BONK is a Solana-based meme coin that has been gaining popularity in recent weeks. The price of BONK has been on a tear, rising from $0.00000001 to $0.0000023 in a matter of days. After reaching a high of $0.0000023, BONK experienced a pullback and retested the 4-hour upper resistance trend line. This retest could be a sign that BONK is ready for another leg up. The AMD setup: The Wyckoff Accumulation, Manipulation, and Distribution (AMD) setup is a popular technical analysis model that describes the three phases of a market cycle: Accumulation: During this phase, large buyers accumulate tokens at low prices, often creating a bullish chart pattern. Manipulation: In this phase, the price is manipulated to create the illusion of a strong uptrend, attracting retail buyers. Distribution: In this phase, the large buyers sell their tokens at high prices, causing the price to dump. The current BONK chart: The current BONK chart shows that the price has been following the AMD setup. Accumulation: The price accumulated in a horizontal range for several weeks. Manipulation: The price broke out of the range and rallied sharply. Distribution: The price pulled back and retested the upper resistance trend line. Why this is a good time to buy: Retest: The retest of the upper resistance trend line provides a good entry opportunity. Volume: The volume is increasing, which is a sign of strength. Social media hype: There is a lot of hype surrounding BONK on social media, which could provide additional fuel for the rally. Conclusion: BONK has been following the AMD setup and is currently retesting the upper resistance trend line. This could be a good time to buy in anticipation of another leg up. However, investors should always do their own research and exercise caution before investing in any cryptocurrency.
Long
by Yaroslav_Krasko
$SSE is on the way to reach 30 centsHello Guys, I am going to analysis chart #SSE token in daily time frame As you can sse the volume is increasing in Bitmart and BingX and potential targets for 2024 are around the area of $0.15 - $0.30 The chart on Bitmart is not clean but in the BingX you can see the chart more reliable and analysis important levels. According to the fundamental analysis, SSE is the utility token of Soroosh Smart Ecosystem and using as a payment method and Staking and transaction fee in SorooshApp. So my forecasting is the team are developing the project fast and significant demand gonna be generated for the token according to the project roadmap. Good Entry levels are around 0.0065 - 0.0080 and it could be growth more than 500% from this levels by the end of 2024 See you in the next technical analysis guys
by SorooshSchool
1
Coins that are expanding the coin ecosystemHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- The altcoins that I am thinking of that are expanding the coin ecosystem are as follows. BNB, XRP, ADA, SOL, DOT, TRX, AVAX, MATIC, NEAR, ATOM, ALGO, KLAY, FTM, LINK, OP, WEMIX Since BTC and ETH are long-term investment coins, it is always best to have a large amount of them. BNB Coin is also a mid-term investment coin, but it has the disadvantage of being an exchange coin, so I think it is difficult to be a long-term investment coin like BTC and ETH. Therefore, please refer to the information explained below. Coins (tokens) that are expanding the coin ecosystem can be traded in the mid- to long-term in the direction of increasing the number of coins (tokens) corresponding to profits, if possible. In particular, I think that XRP, ADA, TRX, KLAY, OP, and WEMIX coins should focus on increasing the number of coins for profit. The reason is that each coin contains definite drawbacks. (OPUSDT chart) The key is whether the price can be maintained by rising above 2.289. (1D chart) To do so, the key is whether it can rise above the 2.125-2.176 range. If not, and it falls, you should check for support around 1.926. -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
Dance of DOT and KSM: Unveiling the Symbiotic Symphony of GrowtIn the vibrant realm of blockchain ecosystems, Polkadot (DOT) and Kusama (KSM) take center stage, showcasing a fascinating symbiotic relationship. While their charts may dance to similar tunes, the nuances reveal DOT's resilience and strength, outshining KSM in both resilience during downturns and vigor in uptrends. Chart Analysis: The Symbiotic Symphony Unraveled Synchronized Patterns: DOT and KSM, being integral parts of the Polkadot ecosystem, exhibit synchronized chart patterns. Both coins share similarities, yet the intricacies of their individual performances unveil a unique narrative. DOT's Resilience: During market downturns, DOT has showcased remarkable resilience, holding steadfast above critical support levels. The global uptrend support maintained by DOT contributed to its ability to weather storms more effectively than KSM. Comparative Strength: Decoding the Chart Dynamics Global Uptrend Support: DOT's ability to maintain a robust global uptrend support has been a key factor in its relative strength. KSM, in contrast, experienced deeper retracements, testing lower support levels during market corrections. Impact on Growth Trajectory: The sustained global uptrend support for DOT has influenced its growth trajectory positively. DOT's consistent strength has resulted in a notable lead, with a 20-30% advantage in growth compared to KSM. Strategic Considerations: Navigating the DOT-KSM Symbiosis Investment Strategies: Investors may consider the relative strength of DOT as a factor in their investment decisions. DOT's resilience during market fluctuations suggests potential for sustained growth compared to KSM. Risk Management: Traders and investors could employ strategic risk management, factoring in the divergent resilience of DOT and KSM during market volatility. Understanding the individual dynamics of each coin enhances risk assessment. Conclusion: DOT's Resonant Strength in the Symbiotic Harmony In the intricate dance between DOT and KSM, Polkadot emerges as the resounding leader, demonstrating resilience and strength. The synchronized patterns of these ecosystem companions tell a tale of interconnected growth, with DOT leading the way, offering a distinct advantage in both stability and upward momentum. 🌐 Synchronized Patterns | 🌟 DOT's Resilience vs. KSM | 📈 Impact on Growth Trajectory ❗See related ideas below❗ Share your insights on the DOT-KSM symbiosis and engage in discussions about the strategic considerations for navigating this dynamic relationship. 💚🌐💚
by Yaroslav_Krasko
2
XDB: $0.0017 | an under loved issue yet Adored by BIG SHOTSTOKENiZATiON of the world .. and XDB has the infra to make it happen for companies and brands to transition in the blockchain space think Publicis or Satchi & Satchi BRANDING strategy of Coke Starbuck etc.. only this XDB is the backbone to migrate to the new world Cap: $5M Supply: 20bn coins Float: 15% Regulated Strategy: dca Tactic: eye on green VOLUME bar after series of RED bars end on the WEEKLY Upside: 50x Bonus: 100x Sureplay: 10x Catalyst: BTC breaking Out
by senyor
4
History will repeat? $182 or $110Monthly Chart Binance Coin ( BINANCE:BNBUSDT ) is trading around $236 now. It's dropped from $398.3 and in accumulating Look back to the history. I see two drops on Jan 2018 and Jun 2019, both of them has the same percent are about 83.64% and 83.89%. History usually repeats itself! I wonder how's about this time? Now, BNB/USDT in Descending Channel and it's support zones by Fib Channel (1.0) and last Swing Month Low $183.4 Supports can hold it and made it bounced back or Binance Coin will break down and drop to around $110. Wait and see
Short
by trieutv
Coin market theme!!! About coin ecosystemHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day. ------------------------------------- As the coin market goes through rising and falling markets, many themes are being created. These themes are expanding the interconnected coin ecosystem under the name of ecosystem. Therefore, I think that the coin market is highly likely to have a circulation pump of theme coins after the rising market next year. Numerous coins (tokens) are being created and also disappearing. In order to survive in this situation, they are trying to increase their viability by creating and expanding a coin ecosystem. Apart from this trend, there are coins (tokens) that do not belong to any coin ecosystem. When trading coins (tokens) that are continuing to survive independently, I think you should invest in a short-term perspective or trade in a trading method that increases the number of coins (tokens) corresponding to profit while recovering the principal amount as much as possible. Otherwise, you have to be careful because when and how you can plunge and never recover again. Existing investment companies, institutional investors, and whales are gradually eating into the coin market due to funds entering the coin market through USDC and newly launched coin investment products in the stock market. These funds will make more individual investors invest in the investment market, but it is expected that the time when individual investors earn large profits by trading on their own will gradually decrease. There will come a time when individual investors will have less and less information available, and they will have to follow in their footsteps and trade with information provided by investment companies, institutional investors, and whales. I believe this movement is unstoppable. Therefore, from now on, it is necessary to find the coins (tokens) that are expanding the coin ecosystem (ecosystem) that is being formed and tie them together to figure out what kind of circulation pumping will occur. As before, it is expected that the roadmap of one coin (token) or such technical stories from the foundation will no longer be able to move the hearts of investors. Among these coin ecosystems, the ones we are interested in are as follows. Ethereum Ecosystem BNB chain Ecosystem Cardano Ecosystem Solana Ecosystem Polkadot Ecosystem TRON Ecosystem Avalanche Ecosystem Polygon Ecosystem Near Protocol Ecosystem Cosmos Ecosystem Fantom Ecosystem Optimism Ecosystem As above, it is an 11 coin ecosystem. Representative coins of the coin ecosystem are as follows. BTC ETH BNB ADA SOL DOT TRX AVAX MATIC NEAR ATOM FTM OP In addition, it is a coin that has the potential to create coins and coin ecosystems with large user communities. XRP ALGO KLAY Among the coins belonging to most of the current coin ecosystems, LINK is a representative coin. However, due to the coin's own issue, the coins that need to increase the number of coins (tokens) corresponding to profits while recovering the purchase principal as much as possible are as follows. XRP SOL TRX KLAY OP The above coins (tokens) have self-restraint issues, so I don't think it's good to trade them with the traditional trading method. Of these, the OP token has just been created in the coin ecosystem, so I think a trading method is needed to increase the number of coins (tokens) corresponding to the profit while recovering the purchase principal as much as possible, at least until the next wave. In conclusion, the coin market will start to be flooded with information comparable to the stock market after the bull market next year. In this situation, in order to earn steady profits in the coin market, you need to start paying attention to a newly changing theme, the coin ecosystem. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator includes indicators that indicate points of support and resistance. ** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at (). ** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor). ** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100). (Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.) ---------------------------------
Education
by readCrypto
All roads lead to a very exciting future of mobilityIn the classic 1980s film, ‘Back to the Future’, the protagonists, Dr. Emmett Brown and Marty McFly, travel 30 years into the future. In the year 2015, their DeLorean time machine, which now runs on waste matter, is airborne in what appears to be heavy car traffic in the skies. Although our skies don’t quite look like what was envisioned in the movie, ‘Back to the Future’ did get two things right. First, cars have found alternative fuels to run on. And second, the technology at our fingertips today bears no resemblance to what was there back in the 80s. We know that as technology advances, the rate of change increases too. But we don’t need another dose of science fiction to imagine the future of automobility. All we must do is observe the megatrends already in motion. At WisdomTree, we see the future of automobility as connected, autonomous, shared and electrified. This is exciting not just for car and technology enthusiasts, but investors as well. Connectivity Imagine you are driving on the motorway. You feel hungry. You verbally ask the car to search for good restaurants along the route, pick the one which optimises between the highest rating and your cuisine preferences, and add a stop on the navigation. This isn’t science fiction; some cars with high-tech infotainment systems can do precisely this. The Mercedes Benz User Experience (MBUX) responds to “Hey Mercedes” and uses artificial intelligence to predict your personal habits. The more you drive it, the more likely it will find you a route you will enjoy most. It will also remind you when your next service is due. It knows, after all, how forgetful you can be… In 2021, there were 236 million connected cars worldwide. A connected car is one that uses the internet to download, as well as upload, data. By 2035, this number could reach 863 million1. The connected car brings additional benefits as well. It can update its software automatically, like your mobile phone. This means fewer trips to the workshop. It can also help you monitor critical safety information about the car remotely. This is especially useful for managers who need to maintain entire fleets of cars. Digital dashboards can enable them to monitor their fleet quickly and remotely, instead of checking each car manually. Autonomous driving Now, imagine being on the motorway again. Perhaps you don’t have enough time to sit at a restaurant, but you could pick something up and eat in your car while driving. Not very safe? Why not let the car drive itself while you enjoy your meal in the backseat and maybe even respond to some urgent emails. Autonomous driving isn’t just for the hungry driver in a hurry, it will have a huge impact on all forms of mobility. Logistics is one example. The global drone package delivery market is expected to grow from $824 million in 2021 to $11,519 million in 2030, expanding at a compound annual growth rate of over 55%2. Autonomous mobility has many tangible benefits, including improving safety. Currently, approximately 1.3 million people die each year because of road traffic accidents3. Although there are regulatory and psychological barriers to overcome before full automation becomes the norm, assisted and partially automated driving is already making cars safer. As we progress along the continuum of automation, this dreadful statistic might hopefully be reduced. Moreover, not always requiring humans to do the job will make logistics more efficient and cost effective. The UK, with its recent lorry driver shortage, could certainly have benefitted from automated driving. Shared mobility Back to the motorway scenario again. This time, imagine you reach your desired restaurant in a town nearby only to find there is no parking. But what if you don’t need to park. You don’t own the car anyway. The car drops you off and goes to pick up another passenger. Once you’re ready to go, you call another car. These days when we think of ride-hailing, we think of Uber as the alternative to calling a traditional taxi. But in many crowded cities, shared ownership can reduce the need for people to own cars. This could not only reduce the financial burden on individuals and city planners, but also help the environment. vironment Vehicle on demand (carsharing) and mobility on demand (ride-hailing) create a marketplace for transportation. This marketplace creates ‘positive feedback’ through network effects. Source : Hackermoon, Berylls, 2022. Electrification Let’s return to the motorway scenario one last time. This time you hear on the radio how terrible the weather is going to be the following week. As you ponder the state of the planet amid climate change, you feel assured that at least you have ditched your internal combustion engine car in favour of an electric one. Road transportation accounts for almost 12% of all greenhouse gas emissions4. Electrification can, therefore, make a huge difference. A few years ago, electric vehicles were limited to the likes of Tesla and a handful of other car manufacturers. Today, most car makers have rapidly growing ranges of electric models. Electric vehicle sales doubled in 2021 compared to 2020 and reached 6.6 million worldwide. All of this in a year when the automobile industry was faced with semiconductor chip shortages. By 2040, electric vehicles will dominate sales worldwide (see Figure 3 below). Source: BloombergNEF, as of 01 June 2022. Drivetrains: BEV (battery electric vehicles), PHEV (plug-in hybrid electric vehicles), FCV (fuel cell vehicles), ICE (internal combustion engine vehicles). ICE includes self-charging hybrids. Types: Shared (digital-hailing, taxis, car-sharing and autonomous vehicles operated in a shared fleet), private (privately owned vehicles). Forecasts are not an indicator of future performance and any investments are subject to risks and uncertainties. Electrification (that is, making cars that run on lithium-ion batteries) isn’t the only innovation car makers are pursuing. Manufacturers are actively exploring alternative fuels like hydrogen. Daimler already has hydrogen fuel cell trucks under testing. Car makers are also innovating with cutting edge technologies like wireless charging. BMW is an example in this space. After all, it will be easier for autonomous cars to park themselves over bays where they can charge wirelessly, rather than finding a way for cables to be connected somehow. How can investors capture these megatrends? The automotive ecosystem can be split into five key segments. Original equipment manufacturers – companies developing, manufacturing and selling vehicles. Suppliers – companies developing, manufacturing and selling software, hardware or engineering services for vehicle development. Dealers and aftermarkets – companies buying and selling vehicles or providing platforms for doing so. Likewise, servicing, optimising and repairing vehicles after they have been put into operation. Infrastructure – companies developing, operating, and maintaining the infrastructure required for industry transformation (for example, charging, hydrogen refuelling). Mobility service providers – companies providing mobility services (B2B / B2C)5 or providing the platform for a third party to provide mobility services. An exposure across the five segments can help investors capture the megatrend of future mobility. Expect change. Expect innovation. Expect excitement. The mobility ecosystem is evolving rapidly to meet the changing needs of consumers and cities, and to tackle climate change. And, it is starting to get a lot of attention from investors. Sources 1 As per September 2021 forecasts from Statista. 2 According to Research and Markets ‘Drone Package Delivery Markets’ July 2022 report. 3 According to the World Health Organisation June 2022. 4 Our World in Data 2020. 5 B2B is business-to-business and B2C is business-to-consumer. This material is prepared by WisdomTree and its affiliates and is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. The opinions expressed are as of the date of production and may change as subsequent conditions vary. The information and opinions contained in this material are derived from proprietary and non-proprietary sources. As such, no warranty of accuracy or reliability is given and no responsibility arising in any other way for errors and omissions (including responsibility to any person by reason of negligence) is accepted by WisdomTree, nor any affiliate, nor any of their officers, employees or agents. Reliance upon information in this material is at the sole discretion of the reader. Past performance is not a reliable indicator of future performance.
NASDAQ:NYGCAR
by aneekaguptaWTE
ATOM/USD 1D. The situation right now on the coin.#ATOM/USD 1D Binance. Updated the coin idea. I made a "global" analysis and described the situation for you. Now I will describe it in text here. Pay attention to the interesting name of the coin - COSMOS (ATOM) . Here is an analogy similar to Terra (Luna). I think everything is clear here. The cosmos is big, the Atom is small (the particle that makes up the Cosmos and our material world as a whole). Hyperlink left the project page in CoinMarketCap. This coin has been in accumulation since 2019 (history from the Binance exchange chart). Accumulation ~ 2 years. After accumulation, an impulse occurred, the distribution began exactly near the accumulation goal (the average distribution price is the exact accumulation goal). Showed on the graph. Also note how clearly the price "respected" (that is, reacted) to this level afterwards (a clear retest when breaking the distribution). I also painted it on the chart. After leaving the accumulation, a large horizontal channel began to form (shown on the chart). Similar to Bitcoin (consolidation/sideways with lower and upper boundaries). After the distribution in this horizontal channel (shown on the chart - Distribution), the price has clearly reached the goal of this distribution (also displayed on the chart). An ascending triangle (rising lows and a flat top) was also formed in this large channel, which was subsequently broken down. If this triangle works out, its goals are shown on the chart. It is also worth noting that from the minimums of the accumulation, an upward trendline (purple) began to form, which was very jewelerishly broken down just when leaving the accumulation. There was a retest of this trendline. All this is shown on the chart. After the breakout and retest of the ascending trendline from the bottom up, a descending trend of the secondary trend began to form (red on the chart, also designated it - the secondary trend line). If there is a breakdown of this trend - a reversal of the secondary trend to an upward one (breakout + the proof of breakout / retest). Now the price is consolidating in a small range at the lower border of the large horizontal channel (possibly a repeat as in the summer of 2021). Pay attention to this point on the chart. The price from the average values of a large accumulation is still at a good profit (now 155% as shown). That is, those who have accumulated are still in the black. Therefore, there is still a place to sell. Also note that the volume gradually began to appear. And what this volume was at the peak of the fall (capitulation). Potential levels from below as well as from above are shown on the chart.
BINANCE:ATOMUSD
by TradingTsar
ATOM Perfect Channel!When looking at this massive channel ATOM has printed, we can see it is now struggling to stay above the current support zone and may move lower to the $17.50 area. Lower highs into support is a bearish sign. Let's see if it will continue lower or bounce from here. Bitcoin is a good coin to watch closely because ALTS tend to follow its movements. Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect! Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only.
by rnaofs
UNB/USDT 1000X IdeaIf you look into the backers of this token on Coin Gecko its unbelievable. this is the most flawless product on the market. Cross chain working with DFYN and ROUTE. You Degen's are gunna miss out big on this one. Love the token and the product. Unbound Finance is a decentralized, non-custodial platform that is building a derivative layer over the existing AMMs with a view to increase the overall capital efficiency of the DeFi space. Liquidity providers can compound their earnings by leveraging their LP tokens to mint UND (decentralized, cross-chain, stablecoin soft pegged to the US dollar) and uETH. The protocol is characterized by several unique features, some of which include: Get Liquidity Without Removing Assets From Liquidity Pool Users can keep their liquidity on a DEX in a liquidity pool and still have additional stablecoins to trade on different AMMs. For example, if a user has $10,000 locked in the $USDT-$USDC pool on Uniswap, that user can lock up their LPTs on Unbound and mint stable coins ($UND) worth $8,000 on BSC to trade on PancakeSwap while the users liquidity is still on Uniswap thereby enjoying the benefits of fee on Uniswap and having enough liquidity to trade on PancakeSwap. This way Unbound will be able to move liquidity from AMMs across different chains to PancakeSwap and vice versa without physically removing liquidity. Debt-Free Borrowing The protocol charges no interest on loans taken out by the liquidity providers. To redeem their loan, they simply repay the amount of UND or uETH they borrowed to retrieve their collateral (i.e. their LP tokens). Liquidation-free Collateralization Unbound completely nixes the liquidation engine seen with more collateralized lending platforms. As a result, users do not need to concern themselves with the potential liquidation of their collateral. Instead, Unbound uses SAFU, an emergency insurance fund, to secure the collateralized assets of borrowers during so-called ‘black swan’ events. Perpetual Borrowing At Unbound, loans have no fixed repayment deadline. Users can unlock their collateralized assets any time by paying back the outstanding debt — without any restrictions. The UND Stablecoin Unbound Finance’s first product is the cross-chain, decentralized stablecoin known as UND. It is an ERC-20 token soft-pegged to the US dollar and backed by user deposits. Secured Price Oracles The platform uses a geometric mean of highly secured price oracles including Uniswap’s TWAP (Time Weighted Average Price) and Chainlink to obtain accurate asset price information. It also makes use of the “block limit lock mechanism” as a security measure against flash loan attacks and other related cyber-attacks. This is a protection mechanism that forces users to wait for at least three to five blocks of confirmation to again interact with the smart contracts. Besides this, the protocol has been subjected to a series of audits to further enhance the security of the platform. Cross-Chain Bridges Unbound is working to establish strategic partnerships with projects building across multiple blockchains. In line with this, it is also constructing cross-chain bridges to enable UND and other synthetic assets to be transferred across multiple blockchains.
by augustg1
AVAX Resistance! When looking at AVAX on the Daily TF, we can see that is it currently at resistance and is looking to move lower. If this bearish move continues we can expect it to move towards the bottom of the channel. The resistance line shown is key. As you can see previously, that's what we need to close above to continue a bullish move up. Let's watch closely. Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect! Love it or hate it, hit that thumbs up and share your thoughts! This is not financial advice. This is for educational purposes only.
by rnaofs