1inch DEX full market overview (x10 possible?)Dear investors,
I've been following this project closely the last few months and find it very interesting that I want to share my thoughts on this opportunity.
In this chart we have a look at the fundamentals and technical indicators of the 1inch token.
Fundamental analyses
What is 1inch project
1inch is a liquidity aggregator, which connects several DEXes onto one platform. It then helps users get the best price for an optimized trade. 1inch recently also launched its own automated market maker (AMM) protocol, Mooniswap. AMM is a type of DEX protocol that relies on algorithms to price assets, unlike on order books on centralized exchanges.
DeFi protocol 1inch closes $12M funding round led by Pantera Capita
It got a 12M funding round back in november, it's current marketcap sits around $120M and as you can see this is already x10 from the funding round.
the current circulating supply is 75 million tokens, with a total supply of 1.5B, so that means that there are still a lot of tokens to be launched, could this be a red flag for long term investors? there is only 6% of the total supply in circulation, and they plan to launch 30% trough community incentives over the next 4 years. this could have a huge influence for the price.
Who Are the Founders of 1inch?
1inch was founded by Sergej Kunz and Anton Bukov over the course of the ETHNewYork hackathon in 2019. The two had earlier met during a live stream of Kunz’s YouTube channel (CryptoManiacs), and began entering hackathons together, winning a prize at a hackathon in Singapore as well as two major awards from Ethereum Global.
What Makes 1inch Unique?
1inch is unique in that it provides instant governance for its users. This feature allows 1inch users to vote for specific protocol settings in the decentralized autonomous organization (DAO) model
Technical analyses
Will it test the All time high?
Given the current market situation, where there flows a lot of money from bitcoin to altcoins, I'm pretty certain we will also see a rise in the price of 1inch. it has broken out of the $1.60 level as you can see on the chart and will now continue to test $2 - $3 levels. Recently it broke it support/trend line and wen't a little back to the $1.45 -$1.55 levels as bitcoin dropped to $28k.
Scenario 1 (it stays under $1.60)
If it stays under the $1.60 this could be a good opportunity to accumulate the 1inch token, as it will retest the green zone shown in the chart. this would be the best scenario for people who still want to enter a long on this token. but as we can see in the past, it doesn't stay long at the $1 level and goes back fast to $1.50 - $1.60 to test these levels.
Scenario 2 (it stays above $1.60)
If it stays above the $1.60 level it could hover a bit around the $1.80 - $2.00 range as we have seen before, if it breaks these levels the way is free to $2.35 and then $3. after that its unknown terrain and who knows what could happen. if we look at the current market cap there is a lot of space to grow and could do a x10 for sure. It would then be valued at $17. but we still have a long way to go for this coin. let's see what the future gives us.
If you read this, thanks for reading and I'll loving discussing about it in the comments.
Peace out!
Opportunities
BTCUSD GOLDDING PRICE, HUG RETURN OPPORTUNITYHello guys, Previously i focus on the consolidation of bitcoin more than it's actual move even though the market give me opportunity to go long. so far for now the price is exhausted on it's up trend, so i highly the keep an eye on the next potential crash or consolidation that may occur on bitcoin. i will share some examples of what i am expecting of bitcoin on the comment below.
DXY (US-DOLLAR) playing GAMES! Good momen tum coming soon? Hey tradomaniacs,
looking at DXY we can clearly see how the market does not know what to do.
It`s kinda hard to say where majors go as long as DXY (US-DOLLAR-BASKET) is playing these games.
After three attempts to break through the resistance while SPX500 has shown a fakeout below a Key-Support-Level yesterday DXY continues to consolidate in a range.
I`m carefully watching the current market-depth but its just an random up and down.
A break into any direction will probably cause good momentums to catch.
Stimulus seems to be impossible ahead the election so a break to the upside could be likely.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
AUDCHF Developing trend...Confirmation bounces of the support and resistance trendlines strengths... AUDCHF will be looking for a break out point at either side for potential profit taking. ALSO take note of the past high/lows if the market exceeds those points its a positive confirmation that an uptrend has broken and a new down trend could potentially be created, or just preparing for a stage of consolidation.
AUD/JPY and IMPORTANT levels Hey tradomaniacs,
AUD/JPY is currently at a very crucial Key-Level and could either go down or up from here on. In both cases we would get a very nice entry.
More details in the chart!
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
ICADE - DAILY - Potential Long OpportunityWe can see a triple bottom on this real estate company and developer. Potential buy opportunity once the descending trend started 04/06 is violated. The company was growing and showing solid fundamentals in pre-covid period, earnings release next week.
Always keep in mind it is a game of probabilities.
5 Things Happen When a VX ETN Crosses the VIXThe VIX, VX Futures, and their derivatives are interesting because they all:
a) theoretically lag the S&P but sometimes don't, which is troublesome
b) serve as excellent S&P trend confirmation
c) are key and highly misunderstood mechanisms within the broader market fabric
d) are based on revised logic that assigns a number to "volatility" based on the weighted average put/call spread on the most out-of-the-money S&P futures contracts
They also provide near-perfect trading opportunities when certain thresholds are reached
Crossovers between the VIX and its ETN derivatives is one such threshold
5 Things Can Be Observed & Acted Upon When These Crossovers Occur
CBOE:VIX AMEX:UVXY AMEX:VIXY
GOLD (XAU/USD) and POSSIBLE scenarios!Hey tradomaniacs,
this is just meant to be a weekly preparation and shows that XAU/USD is currently showing an interesting scenario!
Plans are noted in the chart so there is not much more to add. ;-)
Make sure to note that you need an confirmation for each scenario.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
GBP/USD: Your OPPORTUNITIES for the WEEK Hey tradomaniacs,
this is just meant to be a weekly preparation and shows that GBP/USD is currently showing an interesting scenario!
Plans are noted in the chart so there is not much more to add. ;-)
Make sure to note that you need an confirmation for each scenario.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
GOLD (XAU/USD): Your OPPORTUNITIES for the WEEKHey tradomaniacs,
this is just meant to be a weekly preparation and shows that XAU/USD is currently right at a significant level.
Plans are noted in the chart so there is not much more to add. ;-)
Make sure to note that you need an confirmation for each scenario.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
USD/JPY: Your OPPORTUNITIES for the WEEKHey tradomaniacs,
this is just meant to be a weekly preparation and shows that USD/JPY is currently right at a significant level.
Plans are noted in the chart so there is not much more to add. ;-)
Make sure to note that you need an confirmation for each scenario.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
CAD/JPY: Your OPPORTUNITIES for the WEEKHey tradomaniacs,
this is just meant to be a weekly preparation and shows that CAD/JPY is currently right at a significant level.
Plans are noted in the chart so there is not much more to add. ;-)
Make sure to note that you need an confirmation for each scenario.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
EUR/USD: Your OPPORTUNITIES for the WEEK Hey tradomaniacs,
this is just meant to be a weekly preparation and shows that EUR/USD is currently right at a significant level.
If the Key-Resistance-Zone can`t hold and price breaks through trendline we could get a potential BUY-SIGNAL!
If the market rejects of the Key-Resistance and Trendline we could get a potential SELL-SIGNAL!
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
NZD/CHF: Your OPPORTUNITIES for the WEEK Hey tradomaniacs,
this is just meant to be a weekly preparation and shows that NZD/CHF is currently right at a significant level.
If the Key-Support-Zone (CHECK WEEKLY CHART) holds and price stays inside the FLAG-PATTERN we could get a potential BUY-SIGNAL!
If the Key-Support-Zone can`t hold and price breaks out of the FLAG we could get a potential trendfollowing breakout and a SELL-SIGNAL!
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
NZD/USD: Your OPPORTUNITIES for the WEEKHey tradomaniacs,
this is just meant to be a weekly preparation and shows that nZD/USD is currently right at a significant level.
A support above the trendline would confirme the breakout and could be a potential BUY-SIGNAL!
A break below the trendline and out of the rising-wedge would be a potential SELL-SIGNAL!
Hope this will help you to get prepared for the next week. :-)
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
there are always opportunities and then there are greedy foolsplease don't buy the dip and be a greater fool. commodities are looking to explode with a supply shock incoming, good commodities are the next gold rush not over valued commodities and excessive PE ratios or unicorn companies but real tangible assets
To everyone
Now is not a bad time to buy oil price at 25-27(20)dollars a barrel is an amazing price historically speaking near a 20 year low. even 30$ is not bad, also oil refineries are not a bad option but as of currently I do not know any, as a result I only sticking to commodities, in this case, nyse:wti which u can sell at 60 easy or hold or longer-term higher profit around 300 percent gain. There’s a lot of info coming out about the opec+ coalition as Russians don’t wanna play ball and us fracking and sweet oil production and expansion is crushing the market prices, Russia and Turkey are at tensions with each other that could result in conflict. If you are holding gold good for you, it will fall a bit as companies sell there position to cover there losses to get cash in their accounts. Silver and gold will continue to climb higher as gold/silver ratio briefly touched 100 which is a historically high meaning silver is really cheap as a relation to gold. History was made with a circuit breaker that was triggered at the stock exchange, meaning trading was suspended, along with a .75 rate cut incomming, and dont forget the rate cut that they introduced bedfore it actually was announced oops. meaning we might hit 0 percent fed rate. Which means the market if it does stabilize will have no ammunition to stop the further stock decline, negative interest rates are a deadly possibility but unlikely. Stocks could drop 50 to 80+% from top hold. I will have more info for you all as the events become more clear keep cash. coronoviris is the the pin for the bubble maybe. enjoy ur week and if you didn't see this coming.that's a shame
will update gold/silver soybeans maybe som other stuff too
Thank you
- MR MR
21 DEC 2019 XRPUSD LONGHello everyone today i was looking XRPUSD. I have never analyzed XRPUSD because it never gave me good opportunities, but today I see an excellent opportunity, a strong buy signal, justified by the volume indicator on the right of the chart.
we can set 2 different entries and 3 differnet tp:
tp1 0.19795
tp2 0.20427
tp3 0.21365
XAUUSD:Watch out for potential trading opportunities#Potential trading opportunities#
After breaking through the triangle, there is an opportunity to go short.
Now just wait and see if the market breaks down.
However, the first breakthrough is not possible to sell.
You need to wait for the second breakthrough.
SELL:1445.50
STOP:1467.00
TARGET 1:Descending channel
TARGET 2:1400.00
What To Expect After BTC Block Halving in 2020Hello my dear friends!
Today I am here to provide you with some insights regarding the Bitcoins block halving in May 2020 and how it will affect the overall Bitcoins performance on the market. I believe everybody should be aware of this so it is my pleasure to share this with you. The information below is constructed from various research articles and personal knowledge based from experience. Hope you enjoy the read, I promise not to waste your time!
On May 20th 2020, the third Bitcoin halving will occur. 50% less Bitcoins will be generated every 10 minutes and this could change the value of Bitcoin forever. The halving is an anti-inflationary function that “Satoshi Nakamoto” (creator/s of Bitcoin) put in place to make sure the value of bitcoin was never pushed down by the supply increasing too fast. This function is described in the white-paper. Block halving tends to have long-term positive effects on the price of Bitcoin (just like in previous halving’s). This is mainly due to supply and demand. If fewer bitcoins are being generated, the newly increased scarcity automatically makes them more valuable, but this doesn’t happen right away unfortunately.
After the first halving, bitcoin went from around $11 to around $1,100 and back down to $220. Second time, Bitcoin went from around $230 to around $20,000 and back down to around $4,000. So for the next halving, majority of people are expecting history to repeat itself, only this time, sending bitcoin to perhaps a six-digit price. The biggest changes in the crypto ecosystem this time, will be the higher public awareness around bitcoin and the interest of institutional investors (hedge funds, banks, pensions, etc.). Increased public awareness could also lead to a wave of FOMO buying, which could push the Bitcoins price higher. When more financial institutions begin taking big positions, it could affect bitcoin in ways investors have never seen before.
What does this mean for the Bitcoin Mining Industry:
The acceptance of cryptocurrency by retails, investments by large semiconductor companies in mining-specific hardware, and the increasing demand for equipment manufactured in China are the emerging trends expected to gain traction by 2022. These trends will further add to the growth of the cryptocurrency mining hardware market size during the forecast period. The global cryptocurrency mining hardware market is expected to grow over USD 2.2 billion between 2018-2022. In fact, over 50% of the market’s growth will come from Asia-Pacific as the region is witnessing steady growth due to the extensive adoption of blockchain technology and cryptocurrency.
When the block reward halves, the price per Bitcoin compensates along with it. We have seen this process occur after every halving. Mining is a self balancing machine seeking to always be in equilibrium. The increasing number of product launches are expected to trigger the market growth during the forecast period. Vendors are making significant investments in research and development for developing innovative technologies and new products. It is safe to assume that after the block halving, there will be a high chance of large influx of new miners on the network, ultimately pushing the Bitcoins price higher.
Bitcoin is still at it's very early stages of growth and unfortunately we have to be patient with seeing it reach its new higher highs. Although now may seem like the perfect opportunity to acquire bitcoin for long term holding, in my personal opinion we can still expect multiple draw downs of the price, perhaps even reaching down to the $6,000 support areas. Usually at the end of the year we see huge volatility in the overall cryptocurrency market, ultimately pushing the Bitcoins price to either direction, creating potential investment opportunities.
Hope you enjoyed the read!
Note: I am not a financial advisor and am not responsible for you placing any trades on the digital asset.