Covalent is a Hidden GEM?In 2021 crypto market, many sector such as Defi, Gamefi, NFT... all pump like a rocket!
And I think this sector - Web 3.0 / Big Data will moon soon.
I would like to talk about the hidden gem - Covalent (CQT)
What is Covalent?
Covalent provides a unified API to bring full transparency and visibility to assets across all blockchain networks. Simply put, we have a single API which allows you to pull detailed, granular blockchain transaction data from multiple blockchains with no code.
If we look for the CQT investor: BINANE LAB, ALAMEDA RESEARCH, COINBASE.... That's crazy!!!
CQT also support Multi-blockchain such as ETH, ETH L2, BSC, AVAX etc.....
And Look for the marketcap for CQT, Rank #537 in Coinmarketcap.
Current Marketcap: $60,958,042
Another similar token GRT, Rank #40in Coinmarketcap.
Current Marketcap: $4,489,035,775
CQT may bring 77x from current price....
I will keep holding my CQT which bought between $1.2 to $1.3.
For the TA:
- Fib 0.618 have strong support
- MACD almost change to green
- The ICO completed more than 4 month, the early investors from ICO may leave already....
This is not financial advice. Just my point of view.
You're welcome to leave your comment if you want further discussion.
FTX
Bitcoin down then upNot to phased by the current price action on Bitcoin in fact I find it healthy right now to see a short term consolidation even pulling back as low as 55k to re fuel the rocket.
The 236 is currently holding as support which is a pretty bullish sign and if we dont break this level and move to the 382 then i believe we will start seeing some truly parabolic price action next.
Im staying long spot for now and looking to load up long positions on qrt futures if we can get down to around 55-57k, happy to sit in low leverage futures position for a few weeks to get the most out of the run.
Dont think the bitcoin bull is finished just yet and is mainly fueled by global economics at the moment rather than hype train and fomo like 2017.
Although I believe it will happen at some point which is when we have a parabola and possibly a blow off top above 6 figures....
lets see what happens but i think its going to be an exciting end of year for crypto folk..... well atleast the ones on the right side of the fence.
BTC DominanceDescent pull back with the dominance over the last few days with Bitcoin falling just short of 48% dominance.
Surprised to see ALT's hold there value on that last push which tells me the money isnt ready to flow yet or maybe its about position more money into a liquidity pool to shake them out.
Either way I see BTC making a big come back very shortly after this consolidation and seeing the sat price rip once again until we get over 50%
FTT/USDT FTX EXCHANGEMoney flows to America. Because ftx is the largest american stock exchange. FTT will price the token. BTC record price came in according to american time. Not according to Chinese time. This is how we can follow the direction of the flow of money. Follow the money and win.
It is not investment advice.
FTT Heading For Price Discovery 🔥Following on from Solana's breakout, FTT normally follows SOL and it currently appears to be in the latter stages of plotting a cup and handle formation, targets are $86, then a pull back into handle formation before lifting off towards $111 on handle breakout.
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FTTUSDT (4h Chart) - Ascending Triangle PatternFTTUSDT (4h Chart) Technical analysis
FTTUSDT (4h Chart) Currently trading at $61.75
Buy level :Above $61.20
Stop loss: Below $55.51
TP1: $67.85
TP2: $73.02
TP3: $78.11
TP4: $83.80
Max Leverage 3x
Always keep Stop loss
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SRN Perp has the Lowest Futures MarketCap on FTXWe've seen the same pattern play out multiple times. Take a look at STMX for an example
FTT the SOL adopted son.Looking to collect a decent amount of FTT on the box for a long term, also Im looking to speculate every white line, also every intersection of white lines and trend lines (black lines) will really indicate where the market is gonna move.
a great chance to be hopefully?
also when it drops, forget the bears talking about bear market, there is always a bounce and there is always profit taking, meanwhile if the bleeding was slow below the rectangle i would decrease my position and layer some bids from lower white lines
salute mon amies.
BTCUSD SOLUSD SOLANA FTT
ICX main net launchICX have made a massive pivot this bull market and have scheduled in there main net launch towards the end of this month.
Its been trending nicely since august apart from a drop down at the end of September but has reclaimed that trend again since bitcoin made a come back.
Looking at targeting the liquidity zone around 2.7 before the end of the month, although if it drops off pace closer to the end of the month I will bail, looking for fast price action here with the hype
#RSR to 0.07$ | NEW ATH | #RSRPERP #FTXHello, my dear padawans,
If RSR is able to break this trend line, and if and only if BTC stays above $54000 level, it will definitely try to break its own ATH before December 2021.
please do not take this as a piece of financial advice!!!
let's see what is going to happen.
and I would love to get your ideas about this preview.
cheers!
may the force be with you!