Zilliqa | ZIL The price of Zilliqa is $0.034 today with a 24hour trading volume of 260 million dollars . This represents a 6.6% price increase in the last 24 hours and a 12.6% price increase in the past 7 days
Zilliqa is a token developed in the year 2017 Its is mainly based on the concept of Sharding and primarily aims at improving the scalability of the cryptocurrency networks as in case of Bitcoin or Ethereum. The white paper mentions that the transactions speed would be approximately a thousand times more than that of Ethereum network. Ziliqa is fast, secured and decentralized. Zilliqa’s high throughput means that you can focus on developing your ideas without worrying about network congestion, high transaction fees or security which are the key issues with legacy blockchain platforms.
On 25 April, the Zilliqa mainnet would activate the Ethereum Virtual Machine compatibility. This would enable the native transfer of tokens, thus eliminating the conversion process. the EVM compatibility will make the transfer of NFTs and fungible tokens between EVM and Scilla interfaces easier. Additionally, the upgrade also aims to improve the overall speed and scalability of the network
The Moving Average Convergence Divergence indicator showed that the MACD line was still above the signal line. However, a drop in the buying pressure would lead to the MACD crossing the signal line to drop further. Bulls managed to win 0.27 $ warzone and now they head to 0.36$. RSI and Vol are positive and 50 and 200 EMA going to cross each other which is another bullish signal
next targets 0.35, 0.37 and 0.39$
Okxexchange
Potential Head and ShouldersIn the 4-hour chart, an emerging but not yet fully confirmed Head and Shoulders pattern is distinctly visible. This technical pattern is often used by traders to predict potential reversals in the market. For the OKX chart, a critical level to watch is 63,480. If the price drops below this level, it could signify a bearish trend, potentially bringing us down to the 55,000 levels.
Left Shoulder: Formed at the 66,000 level
Head: Reached the peak at approximately 68500
Right Shoulder: Currently awaiting formation
The price has touched all the key support points, indicating a potential upward move to form the right shoulder. BTC is currently rising towards this level, suggesting a critical juncture in the pattern development. This movement is crucial because it will determine whether the pattern completes or if another scenario plays out.
Alternative Scenario: If Bitcoin manages to break the right shoulder with high volume on the given chart, it could invalidate the Head and Shoulders pattern. A high-volume breakout above the right shoulder would be a strong bullish signal, potentially resulting in a significant upward movement. In this case, we could see BTC rise to the 72,000 level.
This analysis suggests that traders should closely monitor the following:
63,480 Support Level: A drop below this level could indicate a bearish trend towards 55,000.
Formation of the Right Shoulder: Watch for the completion of the right shoulder around the current levels.
Volume Analysis: High trading volume accompanying a breakout above the right shoulder would suggest a strong bullish trend, potentially leading to the 72,000 level.
Given these factors, the current market conditions present a pivotal moment for BTC. Traders should be prepared for both scenarios, adjusting their strategies accordingly to manage risks and capitalize on potential opportunities.
In summary, the Head and Shoulders pattern in the 4-hour chart provides a critical framework for anticipating BTC's next moves. Whether BTC confirms the pattern by breaking below 63,480 or invalidates it with a high-volume surge above the right shoulder will be key in determining the market direction in the near term.
Convergence (CONV) $2M MC — A Compelling Long-Term 100X TradeThe chart speaks for itself!
Low market cap with ample room to grow!
TARGETS:
# 0.0049
# 0.012
# 0.026
# 0.044
#0.1
PLEASE consider your own risk tolerance before making any financial decisions.
BTC USDT DAY TRADING IDEA - 26 SEPTrendline on the monthly timeframe is respected
Going down to the day, BTC looks like it's poised to retest the month trendline.
However, on the 4 hour, resistance wick is formed below Day support.
2 possible options:
a) Price retest the region of the month's trendline and reverse
b) Price respects day support resist and heads down to
Profit 1 zone: 26020
Profit 2 zone: 25768
Timeframe of strategy playout - 1 to 2 days
OKBUSDT's Breakout Navigating the Potential for 90% UpswingBullish Transition:
💎The #OKX Exchange's utility token made a decisive break above its long-standing supply zone in February, firmly positioning itself in bullish territory ever since. This wasn't just a fleeting moment; it marked a significant shift in its trading dynamics.
Navigating the Zones:
💎Over the past six months, #OKBUSDT has been navigating between a $57 resistance and a $38 support. Intriguingly, what was once a supply zone has transformed into a demand zone, evidenced by two prominent rebounds.
Recent Price Movements:
💎Recent price movements respect the upward trendline on the logarithmic 3Day chart, overcoming a minor resistance with bullish determination. This pattern increasingly suggests we're on the cusp of a pivotal moment, potentially leaning towards an upward breakout.
Potential Upward Trend:
💎However, all eyes are on the descending trendline and the price behavior around it. If the bulls manage to breach this barrier, we could anticipate a continuation of the upward trend, aiming for the $73 dual Fibonacci resistance level. This scenario would represent a nearly 90% price ascent from the current demand zone.
Bearish Possibilities:
💎For any bearish undertones to emerge, the demand zone needs to be decisively compromised. Until such a shift, the narrative remains predominantly bullish. As of now, our focus is on the minor support around the $47 mark. Stay vigilant, Paradisers, and keep pace with the ever-evolving crypto landscape!
THETAUSDT Long Idea, Double BottomI would go for a long... what Strategie we use on this example ? :))))
This could be a nice example: OKX:THETAUSDT
THETA Long Scalp
EP : Market Order - 0.895
TP: 0.903
TP: 0.910
TP: 0.920
SL : 27850
If you are interested to start leveraged trading, why not practise your trading strategies on TradingView. So what are you waiting for Trade like a pro on OKI and connect with TradingView. ;)
⚠️CONGESTION ON THE BITCOIN NETWORK⚠️Hello TradingView, today I'm going to share with you a little bit of my opinion about BITCOIN network congestion as well as the possible impacts on asset prices.
To begin with, some classic headlines after this weekend were:
"Bitcoin drops 3% after “congestion” and suspension of withdrawals on Binance"
But many claim that what caused all this was the Ordinals protocol, which allows the storage of NFTs on the BITCOIN blockchain.
The cryptocurrency market dawned red this Monday, still shaken by a tense weekend caused by congestion on the Bitcoin (BTC) network and the momentary suspension of withdrawals on Binance, the largest exchange in the world by trading volume.
The slowness in the Bitcoin network is attributed to the growing popularity of the Ordinals protocol, which allows storage of non-fungible tokens (NFTs) in the cryptocurrency system. The project led to “massive increases in network fees and congestion,” Hayden Hughes, co-founder of social trading platform Alpha Impact, told Bloomberg.
What are the possible impacts of congestion on Bitcoin?
The biggest impact can be felt in the pocket of those who use the network. Especially when we talk about smaller transactions, after all, to transact in the first layer of the network, fees are much more expensive, thus making lower value transactions unfeasible.
Miners will see this impact positively. That's because, in addition to receiving part of the new bitcoins issued on the market, miners also receive part of the fees paid as a form of economic incentive... And yes, for the first time thanks to congestion we observe the first block that paid more in fees to the miner than the reward itself. Fees received were 6.75BTC vs 6.25BTC reward for being mined.
Now a positive point is that the current stress test can be important to imagine a large-scale adoption of BITCOIN and this will probably make the network stronger for the next battles that will arise!
Some people also see a positive impact on prices as: The demand for, and struggle for, space can also inflate the price of bitcoin. The reason is that, since the “tip” to the validators is paid in satoshis, the smallest unit of bitcoin, and the issuance is controlled, there may be a supply shock within the network itself, which in my opinion is a little less likely because many brokerages stopped withdrawals which pushes the asset price down.
OK, Now let's go to the charts, these are my target zones the first reading and also more classic and objective would be a test on the VAH combined with a VWAP anchored from the bottom of the market, so the ranges from U$25,110 to U$23,770 are relevant points for realization of SHORTs.
Now thinking about Elliott Waves,with the chart OKX:BTCUSDT
I believe in these possibilities here.
Context 1- ABC followed by 5-3-5 combo
This first correction can evolve into this variable here, if it is a longer wave in time!
Context 2 - Flat ABC and the market should continue rising strongly unless the new impulse fails and gives rise to an X wave, thus building a WXY combo.
But my main score is this
OKB falls with the help of Expanding Flat(Short term)❗️OKB is moving above the descending channel and near the 🔴 resistance zone($ 47-$ 46.6) 🔴.
In terms of Elliott waves, the rise of OKB to the above descending channel happened with the help of the common Expanding Flat pattern(ABC/3-3-5).
I expect OKB to fall to at least the middle line of the descending channel after breaking the 🟢 support zone($ 46.25-$ 46) 🟢.
OKB Analyze ( OKX:OKBUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OKX Coin Weekly ChartHello traders,
OKX is a cryptocurrency exchange the third biggest cryptocurrency exchange by trading volume serving over 20 million people globally.
Currently cryptocurrency is just going up everyone try to enter in the market and make some profits but i am pretty much sure that one drop is coming in all cryptocurrency before move up.
OKX is setting up for a potential 100% gain, watch price to drop and look for a buy opportunity around 25 to 19 price levels.
This is just analysis, not the exact trade or any kind of signal that proven with wining or losing % so be sure trade with your own according strategy do not depend on my analysis.
I wish you good luck and good trading.
🔥Ethereum New Bullish Leg 10x Potential🔥OKX:ETHUSDT.P OKX:ETHUSDT
I've liked Ethereum- for a long time, including in bull markets it tends to be my biggest position due to its higher valuation than BTC...Not in face value, but in Growth Potential
In this idea I want to bring to the community the strength of a Bullish crossing in the TSI (TRUE STRENGTH INDEX)
I believe in a new BullMarket for cryptocurrencies where OKX:BTCUSDT should multiply up to 8x but when I look at OKX:ETHUSDT I see potential greater than 10x!
So it's possible that once again OKX:ETHUSDT becomes my biggest position!
Currently OKX:BTCUSDT is graphically stronger than OKX:ETHUSDT , but we know that the explosive potential of Alts is scary!
So, in conclusion, these are, in my reading, the best points to buy OKX:ETHUSDT
The first point is if the price makes a deep dive to 1000
The second point is based on a shallow correction and is between 1720-1480
Good luck buying the dips or even better luck earning ETH from OKX!
🔴Disclaimer: The comments above reflect solely and exclusively my opinion, this is not a recommendation to buy or sell. Just a series of published studies, so that together with the community we can discuss operational tactics.
Good trades to all, and see you next time!
INTUSDT technical Analysis From technical analysis wise, a clear breakout from a falling wedge on W & 3D frames, it is retesting, I think it will make 10x from here.
According to INTchain twitter account: “The INT Chain Foundation officially announced that it will conduct in-depth research and expansion on AIGC and ChatGPT related technologies, with an ever-changing pace, profoundly, quickly, and thoroughly changing the existing IoT chain model.”
That’s BULLISH but you need to keep in mind the following.
1- It’s a small cap project with huge potential but with a low liquidity “ manage your risks”
2- Take profit along the way and enjoy.
Good luck
OKB - Trend-Following Setup!🏹Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
OKB has been overall bullish trading inside the rising broadening wedge pattern in red.
After rejecting the upper red trendline, OKB is now in a correction phase and approaching the lower red trendline.
Moreover, the zone 40 - 42 is a strong demand zone.
🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the blue demand zone and lower red trendlines. (acting as non-horizontal support)
As per my trading style:
As OKB approaches the lower purple 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
OKTUSDT Massive rebound near $23.00 expectedThe OKC token (OKTUSDT) is the native token released on OKC's genesis block, a decentralised blockchain designed to serve blockchain-based business applications. On this post, we will analyze how the current pattern is bullish short-term and what needs to take place in order to see a long-term bullish break-out.
** Technical Analysis **
This chart shows OKTUSDT on the 1D time-frame. The broader pattern has been a Falling Wedge with Lower Lows since September 26 2021 and Lower Highs since Decemebr 27 2021. Interestingly enough, the short-term patten since August 14 has also been a Falling Wedge, with the price just breaking above it. As you see, similar short-term Falling Wedges within the broader Falling Wedge pattern, have resulted into massive rebounds above the 1D MA200 (orange trend-line) when broken. See also how their RSI patterns have been similar.
The 1D MA50 (blue trend-line) is just above and a break can target (based on this pattern) the 1D MA200 and the Dec 2021 Lower Highs trend-line within 23.00 - 25.00. That seems to be a solid medium-term target for the OKC token.
** Fundamental Analysis **
Fundamentally, OKTUSDT remains an excellent investment opportunity as, being the world's first trading chain - blockchain technology built for trading, it is the next step in the development of decentralized trading, where people can trade anything of value on-chain, and own and control the assets that they trade. OKC provides safe and efficient infrastructure for creating decentralized applications for seamless on-chain trading of all kinds of assets within a cross-chain, value-exchange ecosystem.
To understand the value of OKT Token, it is advisable to know what the OKC ecosystem is, a decentralised blockchain designed to serve blockchain-based business applications. Its cross-chain technology ensures that users launch their applications and issue their own cryptos. All are linked together to create a valuable ecosystem. In addition to cross-chain technology, OKC offers another special feature - on-chain data extension to retain irreversibility and tamper-resistance, while also making it more efficient and cost-saving. OKT (OKC Token), is the native token released on OKC's genesis block that powers the chain. It brings utilities, voting rights and staking privileges to holders.
-------------------------------------------------------------------------------
** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
You may also TELL ME 🙋♀️🙋♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁
-------------------------------------------------------------------------------
👇 👇 👇 👇 👇 👇
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
OKBUSDT Death Cross can be bullish? The full picture.The OKB token (OKBUSDT) is the Global Utility Token that was launched by the OK Blockchain Foundation and OKX exchange in 2017, to serve as a bridge to connect OKX and its users. On this post, we will analyze how current pattern may be bullish short-term against popular belief and how it may play out on the long-term.
** Technical Analysis **
The most important development at the moment is the formation of the Death Cross on the 1D time-frame. That is when the 1D MA50 (blue trend-line) crosses below the 1D MA200 (orange trend-line), which is technically a bearish formation. However as you see on this chart, which displays OKB's price action since May 2021, all past three Death Crosses have been formed on or straight after market bottoms. Especially in the cases of July 03 2021 and October 15 2021, OKB rose significantly following the Death Cross. See also how similar their 1D RSI sequences look like.
A potential rise short-term, is still limited to the Resistance force set by the Lower Highs trend-line that started on the May 03 2021 market Top. This is where the price got rejected on December 17 2021 and more recently August 14 2022. Technically only a break above this trend-line can be considered as a long-term break-out signal, we us preferably looking for a closing above the 0.382 Fibonacci retracement level, in order to call for a potential bullish reversal.
Until then, the OKB token can continue trading within that long-term Triangle pattern designated by the May 2021 Lower Highs and the Support Zone (green) that started on the May 19 2021 Low and since then had another four contacts made. This can be touched again if the Bottom Higher Lows trend-line (dashed), which is holding since June 19 2022, breaks.
** Fundamental Analysis **
Fundamentally, OKBUSDT remains an excellent investment opportunity as it goes hand in hand with the long-term growth of the OKX exchange. With a market cap of $3.91B, the price of OKB token is ensured by sending tokens to a burning address every 3 months, each burning report could be checked by users. OKB holders could enjoy up to 40% trading discounts (based on how many OKB tokens they hold), participate in token sales, earn passive income, enjoy security, utility and financial services by spending OKB on cooperated platforms and other added values.
With 28,548,715.55 OKB already burnt, the current circulating amount is now 271,451,284.45 OKB. OKB is designed by OKEx's top Research and Develop personnel based on the blockchain technology with the use of a token economic model to connect the world's highest quality innovative digital assets with OKEx platform users. OKB has built up a better OKEx ecological closed loop, and achieved a win-win in the blockchain industry.
-------------------------------------------------------------------------------
** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
You may also TELL ME 🙋♀️🙋♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁
-------------------------------------------------------------------------------
👇 👇 👇 👇 👇 👇
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇