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Excavo

Wyckoff Method #2 Distribution Schematic What is the Wyckoff Method? #2 Distribution Schematic 👇👇👇 I am waiting for this pattern to complete in November, before that anything can happen, the bear market is usually long and exhausting I follow my analysis 1) 2) I am waiting for this pattern to complete in November, before that anything can happen, the bear market is usually long and exhausting I started posting less, quality is better than quantity. If you have questions for me or ideas that you want to share, I'm waiting for you in the comments. Best regards EXCAVO
BITSTAMP:BTCUSD
by EXCAVO
34
Ethereum - Wyckoff Events and PhasesThe dominance of Bitcoin is growing. When Bitcoin is growing - altcoins are growing less or without rising. Bitcoin falls - alts fall even more. Paired with ETHBTC, we see a Wyckoff Distribution Schematic #2. We are currently in Phase D. The price is approaching a support zone. Most likely, there will be some descending trading near this zone. We will form LPST (a last point of supply) and SOW (a sign of weakness). Next, we are waiting for Phase E. Best regards, EXCAVO
Short
by EXCAVO
12
Bitcoin - large falling wedgeThe price on the daily timeframe is moving in a falling wedge. The lower timeframes show downward price compression and liquidity in the $29300-29200 zone. Important next levels and zones: $28850-28650, $28050-28000, $26700. There are many stop-losses of the different caliber of traders behind these levels. There is a high probability that we will harvest it all. It is the road to $20,000. The horizontal volume levels are on the verge of the abyss. Support around $30000 is significant, but if the price breaks through the nearest liquidity zones - the path to $20000 will be almost inevitable, or even lower with some squeeze. After testing $20,000, I expect the price to return to the zone of maximum vertical volume - about $40,000 before the end of 2022. Best regards, EXCAVO
BITSTAMP:BTCUSD
by EXCAVO
58
Two scenarios for the S&P500 index for 2022-2023 More theory A diagonal triangle is always subdivided into five waves. An ending diagonal always appears as wave 5 of an impulse or wave C of a zigzag or flat. A leading diagonal always appears as wave 1 of an impulse or wave A of a zigzag. Waves 1, 2, 3, 4, and 5 of an ending diagonal, and waves 2 and 4 of a leading diagonal, always subdivide into zigzags. Wave 2 never goes beyond the start of wave 1. Wave 3 always goes beyond the end of wave 1. Wave 4 never moves beyond the start of wave 3. Wave 4 always ends within the price territory of wave 1. Going forward in time, a line connecting the ends of waves 2 and 4 converges towards (in the contracting variety) or diverges from (in the expanding variety) a line connecting the ends of waves 1 and 3. In a leading diagonal, wave 5 always ends beyond the end of wave 3. In the contracting variety, wave 3 is always shorter than wave 1, wave 4 is always shorter than wave 2, and wave 5 is always shorter than wave 3. In the expanding variety, wave 3 is always longer than wave 1, wave 4 is always longer than wave 2, and wave 5 is always longer than wave 3. In the expanding variety, wave 5 always ends beyond the end of wave 3. Best regards EXCAVO
OANDA:SPX500USD
by EXCAVO
18
Bitcoin first green candle in Weekly chart Finally, we have the first green weekly candle in 10 weeks. It interrupted nine weeks of falling. Like last Monday, the day starts with a green impulse candle. Remember that such sharp movements correlate with the emotions of traders in the current phase of the market. For example, look at what's left of last week's momentum. Do not rush to jump into the market if it is a medium or short-term trade. It is worth waiting for the price fixation above the $32,500 level to confirm some local reversal. The prices for long-term investment are attractive if you look more globally now. Judging by the SOPR (Spent Output Profit Ratio) metric, the level of the capitulation of long-term BTC holders is entering the extremum zone. When it was in this zone, the formation of the cycle bottom usually began based on experience. It does not mean that we should start growing from the current prices. On the contrary, we can go even lower, but this indicator suggests that the long-term bottom may already be somewhere nearby, and its formation can take more than one or two months. It is worth being patient. We recommend the DCA (Dollar-cost averaging) strategy for investing. It is a strategy where an investor invests a total sum of money in small increments step-by-step (over time) instead of all at once. The goal is to take advantage of market downturns without risking too much capital at any given time. Best regards, EXCAVO
by EXCAVO
15
WeWay (WWY) WeWay (WWY) - WEB 3.0 platform for influencers, nft marketplace Plans: -Release of version 2.0 for the marketplace -Crypto university for new users - Creation of a Metaverse for user communication Currently traded on the Ethereum network, Binance Smart chain, Velas, Avalanche. there are plans to make it possible to trade the Solana and Polygon networks. I see the growth of holders, due to the involvement of many bloggers and influencers Traded on stock exchanges MEXC PancakeSwap Uniswap Wagyuswap BKEX Tidex qMall Coinsbit Before the end of spring, they plan to list on Tier 1 exchange I plan to take 10-30% of the profit and then I will buy on corrections Best regards EXCAVO
WLong
by EXCAVO
1
EOSWhy EOS? Over the last few months, members of the $EOS community formed the EOS Network Foundation. The community voted to effectively fire B1 and to instead take power into its own hands. This made EOS the world's largest DAO, other than Bitcoin. One reason $EOS received so much early hype is that the technology is superior to every other chain. This allows developers to build applications that aren’t possible on other blockchains. 4 years later, $EOS remains the most performant & battle-tested Ethereum alternative. The issue for $EOS was a lack of leadership & coordination. Everyone expected this to come from B1, but it never materialized, so most people left $EOS for chains like Avax, Fantom, Solana, etc…that has now changed because of the EOS Network Foundation. This change is why you see people like Dan Larimer and many others returning to $EOS and saying they are “all in”. Next month, a catalyst event is coming: EOS EVM. This will bring plenty of dApps and users to $EOS. Lots of developers are planning to build apps on $EOS this year because the tech will enable next-gen apps. Plus, transactions are FREE. The other major catalyst that is taking place right now are all the #EOSIO chains uniting and working together. That means you have $WAX, $EOS, $TELOS, etc working together. $EOS at one point was the #3 coin in all of crypto. Its price was over $20.The chain finally has leadership, funding & coordination thanks to the EOS Network Foundation. Best regards EXCAVO
Long
by EXCAVO
12
GOLD - XAUUSDLocally, the XAUUSD price broke through the downtrend lines. Now we are near the first resistance of 1900. The next liquidity level is near 1950. Many experts believe that the price will move sideways until geopolitical tensions subside or until the FED raises interest rates. However, even if rates start to rise with high inflation - the real interest rates are likely to be negative. Therefore, they believe that gold will remain attractive as a defensive asset. Rising gold = a traditional harbinger of crises and slight shocks in the stock and crypto markets. Gold is an excellent choice for those who don't particularly want to go into cash inflation but don't want to be present in dive markets. Best regards, EXCAVO
FOREXCOM:XAUUSD
by EXCAVO
23
Bitcoin started the next bull cycle Hello, I want to take a closer look at Bitcoin's price weekly logarithmic chart. Firstly, the chart examines growth and fall cycles, sometimes referred to as economic cycles or trade cycles. As you can see in my analysis, the growth cycle usually lasts approximately 150 weeks and is always longer than the fall cycle that spans out over the course of approximately 51-60 weeks. 150 bars on Bitcoin's weekly price chart, mark the beginning of a next pulse of the growth cycle that we are currently in. Everything in our life is based on cyclical patterns, especially when it comes to financial markets. If we analyze the rise and fall, we can conclude that the fall occurs faster than the growth of about three times. Based on Kondratieff's scientific works on periodic waves theory, that refines up and down movements of the modern world economy, we can predict that Bitcoin is yet to go through another 3-4 annual cycles. As many already know, all theories that have worked effectively in traditional financial markets will be carried out into cryptocurrency markets. But until Bitcoin will cross $6,000 price mark, nothing is set in stone. In this bear market that lasted 51 weeks, a lower channel was formed, which has been broken by a strong impulse movement and high volumes. But at the top, there is a serious mirror resistance level in the region of $5,800-$6,000. The MA50 and 100 also have to be broken in order to keep the momentum An ascending triangle figure is also emerging on the Bitcoin price chart, which could potentially signal upward breakout. Since there are a lot of good news about cryptocurrency and, especially Bitcoin, this could be a unique investment opportunity for the next four years.
BITSTAMP:BTCUSDLong
by EXCAVO
222
DAOs – The Next Big Trend in Crypto 2022What is DAO? DAO (Decentralized Autonomous Organization) is a methodology for quickly organizing a large group of people to achieve specific goals and tasks. In DAO, control is distributed among all team members, rather than one main figure. Most modern companies, or any kind of enterprise, have a strict, hierarchical, vertical management structure with bosses, presidents, and boards of directors. Decentralized organizations have a flatter management system, where each person has a voice and the ability to put forward a proposal to change or improve the organization. The classic daily functioning of an autonomous organization implies the absence of intermediaries and full or partial automation. Everything is executed and written using smart contracts. The number of votes a DAO member has - can be measured by the number of governance tokens in his wallet. Also, an equal vote can be held, where everyone has one, equal vote, or a quadratic vote distribution scheme is applicable, etc. Blockchain and smart contracts guarantee transparency and no falsification. Why do you need it? Already, most of the crypto projects and investment funds are DAOs or are switching to this type of management. By understanding their structure, you will better understand the market. DAO is politics and democracy. Politics can be interesting too, especially when it is transparent, and your decisions influence something. DAOs bring money not only to their creators but also to ordinary members of the community. Organizations have their funds and grants. If you know various fields, organizations, and management skills, as well as a desire to take part in the development of web 3.0, then DAO is your chance for implementation. How does DAO work? Each organization has its own goals and objectives. The tasks that are assigned to the DAO are called mandates. For example: developing a network, attracting new supporters and users, mobilizing community activity, creating and maintaining content to promote projects and infrastructure in general. The direct execution of the mandates will be carried out by the Guardians. The DAO is community-driven and it is the core principle it is built on. However, a structure is important for any community where each person takes on a specific role and understands his area of responsibility. To structure the community, custodians are elected by voting in the DAO for a certain period. During the selection period of the custodians, every member of the community can nominate himself by providing a small resume about himself. The main task of the custodians is to organize the voting process and carry out the decisions made. Each of the custodians has their competence and area of responsibility for the implementation of mandates. Custodians are also responsible for the DAO fund (treasury) - money that is spent to achieve the goals indicated in the mandates. To spend treasury money, you need at least six out of nine Guardian votes. For this, a multi-signature system was created in the blockchain wallet. Where treasury money will be invested is decided, like everything else, by voting. Only stakeholders have access to management and participation in voting. Voting takes place on the blockchain and is completely transparent. In a first ballot, nine curators were selected to organize the subsequent work of the DAO. The community is the main and only governing body and driving force in the DAO. As with any organization, all community members who contribute to a common goal are fairly rewarded. DAO is the structure of the organization that is ideal for committed and committed people who are ready to invest in a common cause. All positions and employees are generously paid. You will find your role in the DAO, even if you are just ready to come up with bold ideas, answer questions in chat, or like politics. Any people interested in developing a common cause and forming a community will be able to realize their potential. Trends 2022 - DAO DAOs are one of the most important constructs in cryptocurrency, and they will change every aspect of economics, politics, and possibly even your social life in the coming years. If 2020 was all about DeFi and 2021 was about NFT, then 2022 will be the year of the DAO. The backbone of the Web3 economy and the wild world of the DAO is your wallets, which are like your personal data stores. Whether it's Metamask or Coinbase on Ethereum, Phantom on Solana, TerraStation on Terra, or something else. The tokens in these vaults give you access to cryptocurrency and will become more and more important in the coming years. In five years, people may be looking at the current wallet landscape and grinning at how primitive we were, but some solutions (eg Zapper, Zerion) show how we are getting closer to the time when our wallets can act as universal identifiers and data managers. Will DAOs exacerbate poor workforce dynamics that are already a problem for other service providers in the gig economy? Perhaps, there are many more positive aspects than negative ones. Early contributors will at least participate in improving the performance of the platform they are helping to create, even if those platforms result in variable labor costs. In any case, Web3 tokens are impossible not to invent. You will be working in DAO someday. Better to start now, while the alpha is at its highest. In some jurisdictions, it will become illegal to work for an unregistered DAO. On the other hand, other jurisdictions are likely to invite DAO employees with unique tax codes that take into account the difficulty of obtaining taxes without employer and bank oversight. Providing better treasury analytics to communities can significantly improve governance decision-making. It's not just the best treasury management practices, but also in the absence of professional treasury managers. The arrival of qualified financial managers for the DAO opens up great market opportunities and will help protocols be prudently diversified to ensure they are well-capitalized under all market conditions. The open and permissive nature of blockchain has led to a monumental shift that is redefining the relationship between protocols and their investors. Token Terminal (fundamental data), The Graph (on-net data), Nansen (fund flows), Dune Analytics (aggregated metrics), DeFiLlama (TVL), and Messari (market data and offline events) are essential tools today to help users get a complete picture of what is happening in the market. Venture DAOs are already hot and by 2025 one of the most active and largest venture capital funds with a large volume of assets will become a DAO. We also began to see DAO mergers and acquisitions gain traction. The next frontier could be the acquisition of Web2 by Web3. Most projects aspire to become DAOs, as this type of management brings money not only to the creators but also to ordinary members of the community. Possessing useful skills and knowledge, having the opportunity to influence DAO decisions regarding organization funds (funds, grants, etc.) and other issues within the framework of their transparent policy, everyone gets a chance to implement their ideas. Best regards EXCAVO
Editors' picks
BITSTAMP:BTCUSD
by EXCAVO
69
Velas - VLXVelas is the Fastest EVM/eBPF Hybrid Chain of Solana and EVM, and this way inherited the best from both: Up to 75 000 TPS, 1.2 - second finality, extremely low fees and EVM/Solidity support. And surely, if Velas is a new promising platform for DeFi applications, then of course an analog of DAI is needed in this space, given what it is for DeFi on Ethereum. It is this niche that they are striving to fill with the VeleroDAO project and USDV stablecoin — an analog of DAI from MakerDAO. It will be the most serious infrastructure project for the Velas ecosystem that is in the spirit of the open Internet Web 3.0, completely decentralized. Recently, Velas team designed a 100 mln grant program for developers and projects running on Velas. The infrastructure of VELAS is now developing so rapidly: BitOrbit - The first decentralized social media platform on Velas chain; Velaspad - lauchpad for Velas ecosystem; Wagyuswap - DEX; Swapz - a cross-chain stablecoin swapping platform. They have a strategic partner —Bluezilla Incubator which has shown incredible results over the past year. The incubates projects ATHs: 1290x - MetaVPad 630x - Velhalla 527x - AstroSwap 410x - KCCPad 380x - PulsePad 360x - ADAPad 329x - BSCPad 304x - WagyuSwap 276x - VELASPad 255x - TRONPad 214x - Bitorbit 212x - NFTLaunch 206x - GameZone 197x - CrossWallet 184x - Aioz 166x - ETHPad 121x - BSCStation 99x - CrossSwap 87x - BlindBoxes 38x - Swapz I think they will give a boost to the Velas ecosystem. Best regards, EXCAVO
VLong
by EXCAVO
16
Crypto 2022 The 2021 year has passed. In one picture, the results with the % growth of the year. It is all behind us now - history. We are unlikely to see the same top-list next year. So we need to concentrate on the potential projects to get a comparable result. I love my community. I'm sharing my top picks for 2022. No Big Caps Wallet $TGT - twitter.com $XDEFI - twitter.com $BRD - twitter.com Digital credentials $KILT - twitter.com $CHEQ - twitter.com Privacy $SCRT - twitter.com $NYM - twitter.com $ZKP - twitter.com $KMA - twitter.com $CCX - twitter.com $BEAM & $BEAMX - twitter.com AMM & DEX $GNS - twitter.com $SPHRI - twitter.com $XFIT - twitter.com $HFT - twitter.com $WANNA - twitter.com Cross-chain bridge $RELAY - twitter.com $ABR - twitter.com NO TOKEN yet live twitter.com DeFi Investment Banking & Savings $NORD - twitter.com $UMEE - twitter.com $YEL - twitter.com $ICE - twitter.com $TIME - twitter.com $FOX - twitter.com $PARA - twitter.com $SKU - twitter.com $KAR - twitter.com Liquidity $ROSE twitter.com $RUNE twitter.com $VADER twitter.com $SIS twitter.com $BSX twitter.com $BFC twitter.com Lending & Borrowing $GEIST twitter.com $MPL twitter.com $SCREAM twitter.com $OXY twitter.com $WARP twitter.com $SWING twitter.com Yield Aggregator $QUARTZ twitter.com $IDLE twitter.com $RVF twitter.com $RBN twitter.com $CHESS twitter.com $STF twitter.com Derivatives $dYdX twitter.com $VEGA twitter.com twitter.com twitter.com Tokenization $CFG & $AIR twitter.com $COVAL twitter.com $NAOS twitter.com Coding $ISP twitter.com $CTSI twitter.com $RAD twitter.com $BEPRO twitter.com $ASTR twitter.com $XRD twitter.com #Agoric twitter.com EVM $AURORA twitter.com $VLX twitter.com $MOVR twitter.com $SDN twitter.com $GLMR twitter.com $ACALA twitter.com $CLV twitter.com Layer 1 $MTRG twitter.com $SAITO twitter.com $QANX twitter.com $TARA twitter.com $CSPR twitter.com $XRD twitter.com $HTR twitter.com $DUSK twitter.com Layer 2 $BOBA twitter.com $METIS twitter.com $IMX twitter.com $MUTE twitter.com Stablecoins $FXS twitter.com $FLX twitter.com $SILK twitter.com $UXD twitter.com $DJED twitter.com $USDV twitter.com Oracle $LINK twitter.com $API3 twitter.com $KYL twitter.com $UMB twitter.com $LITH twitter.com DATA $OCEAN twitter.com $MDT twitter.com $SWASH twitter.com $KYVE twitter.com Storage & Computing $FLUX twitter.com $STACK twitter.com $AKASH twitter.com $ZCN twitter.com $EPK twitter.com $KHALA & $PHA twitter.com AI services $AGIX twitter.com $SDAO twitter.com $CQT twitter.com $VAI twitter.com Media Content $COS twitter.com $MLT twitter.com $VRA twitter.com $NUM twitter.com Metaverse $GF twitter.com $MC twitter.com $REAL twitter.com $VR twitter.com $MONA twitter.com CEX $WOO twitter.com $LCX twitter.com Best regards EXCAVO
FTX:BTCUSDLong
by EXCAVO
27
Basic Attention Token (BAT)Basic Attention Token (BAT) - the crypto asset for the Internet economy. BAT is the token that powers a new blockchain-based digital advertising platform designed to fairly reward users for their attention, while providing advertisers with a better return on their ad spend. Overview ⦁ Brendan Eich, founder and CEO of BAT, is an American technologist and creator of the JavaScript programming language. He co-founded the Mozilla project and served as the Mozilla Corporation's chief technical and executive officer. He is the CEO of Brave Software that developed the Brave (web browser). ⦁ Brave provides a way for users to send cryptocurrency contributions in the form of Basic Attention Tokens (BAT) to websites and content creators along with the ability to keep the cryptocurrency they earned. At the same time the BAT technology can be integrated into any other browser. ⦁ BAT’s mission is to monetize user attention and remove all the other needless expenditure related to ad networks. It connects advertisers, publishers, and users, creating a new, efficient marketplace. The token is derived from or denominated by user attention. Attention is really just focused mental engagement on an advertisement. ⦁ According to a Bloomberg report published on 17 March 2021, U.S.-based digital assets titan Grayscale has launched a BAT crypto-based trust. ⦁ On 18 March 2021 Brave announced that BAT, explores multiple blockchains as a part of its Themis initiative and is now also available on Binance Smart Chain (BSC) as wrapped BAT. BAT holders can use numerous bridges that connect Ethereum and Binance Smart Chain to participate in the DeFi ecosystem on BSC. Features: ⦁ BAT system is integrated in Brave which has 29M monthly active users and 9.8M daily active users . It is also extremely fast. On your computer, Brave loads pages 3x as fast as Google Chrome . ⦁ Brave DEX Aggregator: Brave brings DeFi to everyone through a new decentralized exchange aggregator to enable token swaps with distinct advantages and added value for Brave/BAT users. ⦁ Privacy : The user’s browsing data is kept completely private. All the information that one would need for ad-matching will, as a result, be unavailable. Third-party trackers are also blocked automatically. ⦁ BAT is traded on multiple markets, including Coinbase PRO that allows all U.S. based residents to legally obtain this coin. This gives institutional investors a direct access to BAT. ⦁ BAT also includes: ⦁ DeFi token swaps, lending, saving token swaps, liquidity pools etc; ⦁ Gaming event utility, NFTs, gameplay; ⦁ Philanthropy donations on-chain to over +100 causes; ⦁ E-commerce shop with BAT. Exchanges: Coinbase Pro, Binance, Huobi Global, Uniswap, Bithumb, Kraken, Kucoin, Gemini, Bittrex, Gate.io, etc. BAT/BTC From coinmarketcap: Max: 1,500,000,000 BAT Circulating Supply: 1,492,816,441 BAT (99.5%) Thank you Angel $AAA Best regards EXCAVO
Long
by EXCAVO
10
Dfinity -ICP Internet ComputerInternet Computer is a third-generation blockchain developed by Dfinity. One of the goals of which is the creation of a decentralized Internet. Internet Computer is based on the new programming language Motoko. It is open-source that supports advanced work with smart contracts and the creation of scalable, high-performance decentralized applications and services. At the moment, the Dfinity team has more than 200 employees. There are a lot of famous personalities. ICP aims to create a "blockchain singularity" in which every system and service is rebuilt and reimagined using smart contracts and runs entirely on the public blockchain without the need for traditional IT. Project management is largely under the control of the Internet Computer community. In addition, Internet Computer will use its so-called chain key cryptography to integrate with Bitcoin, paving the way for smart contracts with native BTC addresses to be hosted on Internet Computer. What is an ICP token? The ICP token provides gas to the network and allows holders to vote on proposals that will shape the future of Internet Computer. Users create "voting neurons" that allow them to vote either manually or automatically by tuning their neurons to follow other neurons. You can read more about neurons in the article. www.dfinitycommunity.com Also, you can lock your ICPs for a period of 6 months to 8 years and receive profitability for participating in voting. Back in 2018, people were given 28 ICPs for registering on Coinlist and verification, and 120 ICPs fell for testing the system. For three years people have been waiting for their drop, looking after their cars, thinking about the comfortable future that the ICP drop will bring them. The reality turned out to be not as colorful as dreams. Instead of hundreds of thousands of dollars, people received annual vesting for tokens, and the ICP price quickly rolled away from $500 to $50. Projects on ICP: Plug Wallet - the convenient wallet, a browser extension; Stoic Wallet - another wallet for the ICP ecosystem; Fleek - the product that includes hosting web resources and applications, cloud storage; District - the fully decentralized, community-built professional social network; DSCVR - the decentralized version of Reddit on ICP; OpenChat - the decentralized messenger; IC Drive - Decentralized Data Warehouse; ICmoji Origins, Texas Holdem, Mission is Possible, Reversi - ICP games; Enterot - NFT marketplace; DFinance, ICPSwap - DeFi projects (swaps, farms, etc); More projects here: dfinity.org ICPSquad: twitter.com In short - by having an NFT personage and performing any interactions within the ICP ecosystem, you get a chance to earn tokens and accessories for your personages. If you missed it - you can still take an avatar in pre-order. If you plan to dive into the ICP ecosystem - it will be much interesting with an avatar. I don't see anything original in the ecosystem. Decentralized social networks and versions of the tools we're used to are good, but speculators can't make money here. We look forward to our pre-order avatars and the emergence of serious DeFi products. We plan to use ICP in all applications where it will be possible to obtain ICPSquad accessories. ICP ranks 27th in terms of capitalization, with a cap around $7.61 billion. Is it worth buying an ICP token now? I think this is a good idea for a small percentage of your deposit in the long run. Reasons for growth: 1) The chart since June represents accumulation in the range of $30-80. Blockchain hype can reach the Internet Computer sooner or later, and we will see a good way out of accumulation. 2) Fork Badlands - BDL tokens will be issued to ICP holders. 3) Launch of smart contracts on the bitcoin network. Best regards, EXCAVO
by EXCAVO
18
Unity TechnologiesA spike in consumer spending in the online gaming industry is expected to have driven Unity’s real-time 3D technology adoption among gaming companies. Unity has been developing its platform by introducing product capabilities, which are likely to have been a major growth driver. The constant demand for interactive, real-time 2D and 3D content for mobile phones, tablets, PCs, and virtual reality devices is likely to have aided the company’s top line. I like the U chart. We wait for the growth to the pointed Fibonacci levels above. Best regards, EXCAVO
NYSE:ULong
by EXCAVO
3