Oracle
TRB (Tellor) Token Analysis 28/03/2022Fundamental Analysis:
Tellor is a decentralized oracle network.
Oracles are a key part of blockchain infrastructure that update valuable off-chain data, making it available for on-chain smart contracts.
Tellor’s oracle supplies data that can be requested, validated and put on-chain transparently with data reporters competing for incentives of TRB. Data reporters bring valuable information on-chain for a wide range of DeFi applications.
To learn more about oracles check out the article Oracles 101:
coinmarketcap.com
Tellor’s oracle is a decentralized network of staked data reporters. Becoming a reporter requires no verification process i.e. permission less. Anyone anywhere in the world can be a reporter using open source software, a unique characteristic among blockchain oracles.
With some knowledge of blockchain and smart contracts, interested data reporters holding more than 100 TRB can start earning rewards for providing accurate data.
When oracle users request the value of an off-chain data point (e.g. BTC/USD), data reporters compete to add this value to an on-chain data-bank, accessible by all Ethereum smart contracts. The frequency with which data can be updated is limited only by how much / how often users “tip” the feed with TRB.
Also unique to Tellor, data is submitted in bytes meaning the oracle is flexible and robust for nearly any blockchain application.
The purpose of Tellor’s native token, Tributes (TRB), is to connect and align data reporters, oracle users, and community governance.
Security is achieved through Tellor’s governance contract, which uses a simple dispute mechanism to achieve community consensus on the data being reported. The way this works is that data reporters must stake TRB in order to report data and earn rewards, but they can be disputed and slashed, with their stake given to the disputer if they submit data the network deems incorrect.
Tellor was launched in 2019 by a U.S.-based team with the aim to address the oracle problem on the Ethereum blockchain.
Tellor was founded by Brenda Loya, Nick Fett and Michael Zemrose.
Brenda Loya is the CEO and co-founder of Tellor. Previously, Brenda worked as the VP and Lead Developer at Daxia in the field of blockchain, scalability and data science. Previously she was an economist and supervisory statistician at the U.S. Department of Labor.
Nick Fett is a co-founder and CTO of Tellor. Previous to Tellor, he was the founder of Daxia, a derivatives protocol on Ethereum. Nick also has experience in economics, regulation, derivatives, and machine learning including positions at the U.S. Commodities Futures Trading Commission.
Michael Zemrose is co-founder and CSO of Tellor and previously did Business development at Daxia. He was also an entrepreneur in media and consulting for several years before joining the world of crypto.
Tellor (TRB) has the Total supply of 2,385,988 tokens as of 28/03/2022.
The current CoinMarketCap ranking is #535, with a live market cap of $55,483,608 USD. It has a circulating supply of 2,313,777 TRB coins and the max. supply is not available.
Technical Analysis:
The Price Value Has Fallen to its 90% low, From its All Time High and has already Accumulated its Intrinsic Value and the Smart Money Flow is on its way. Currently the Price is at the 85% low of the ATH and it can be considered a good Opportunity for Investment.
There exist the Bullish Divergence of Price Value and MACD which is the very sign of Bearish Trend reversal and Start of the New Cycle and Bullish Impulsive waves.
We have defined 3 Targets by the Confluences of the Fibonacci Expansion and Fibonacci Trend Base Extension Levels, and these levels can be considered as the very important Pivot point on the Price Rally.
The 3 TP will get its Confirmation as the Price Triggers the 2 TP followed by some Price Correction and Retracement which is the distribution Phase.
Oracle great opportunuty Excellent opportunity to accumulate or join LONG.
Long and Hold
Solid and super capitalized company
1) RSI 1w is crossing 50% to the upside
2) trend reversal on the average 200 and 100 at one week
Primary bullish trend.
contact us privately if you want to know more information about the financial markets.
Lpi.sa
LINK 3 day chart looking solid!!!!CHAINLINK (LINK) 3 DAY CHART
The purple rectangle box is the
consolidation zone along with the support box.
LINK must break above the HULL SUITE Indicator
first, then move above the red line of the Bull Market
Support ribbon, to really make this chart shine to the upside.
This Chart is showing Hidden Bullish Divergence,
which means the price has a higher low, and the RSI has a lower low.
to hit those yellow dotted lines of price targets. If
it breaks those two ribbons and breaks above the white
trendline, we could have massive moves to $100-$150 this year.
Zoom in on the chart for more notes.
API3 Fractal Hinting a Breakout!Hello Traders!
As you can see on the Weekly Candles of API3, the number of impulses and levels compared to early Chainlink price action looks similar! API3 additionally is a Decentralized Blockchain API like Chainlink. I think there is a great chance this fractal plays out and that we moon.
-Pulkanator
API3 Fractal Hinting a Breakout!Hello Traders!
As you can see on the Weekly Candles of API3, the number of impulses and levels compared to early Chainlink price action looks similar! API3 additionally is a Decentralized Blockchain API like Chainlink. I think there is a great chance this fractal plays out and that we moon.
-Pulkanator
$LINK/BTC 3D (#BinanceSpot) Falling wedge breakout and retestChainLink has pulled back to 50MA support where we expect it to bounce and resume bullish mid/long-term.
chain.link smartcontract.com
Current Price= 0.0005195
Buy Entry = 0.0005207 - 0.0004873
Take Profit= 0.0006337 | 0.0007641 | 0.0009214
Stop Loss= 0.0004173
Risk/Reward= 1:1.5 | 1:3 | 1:4.81
Expected Profit= +25.73% | +51.61% | +82.82%
Possible Loss= -17.20%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 7.5 months
$TRB/USDT 12h (#BinanceFutures) Falling wedge breakout & retestTellor Tributes seems to have found local bottom and looks ready for recovery towards 100EMA!
tellor.io
Current Price= 31.58
Buy Entry= 30.78 - 28.46
Take Profit= 36.35 | 44.16 | 54.96
Stop Loss= 24.55
Risk/Reward= 1:1.33 | 1:2.87 | 1:5
Expected Profit= +22.72% | +49.09% | +88.55%
Possible Loss= -17.12%
Fib. Retracement= 0.382 | 0.618 | 0.883
Margin Leverage= 1x
Estimated Gain-time= 2 months
Contract:
#ERC20 0x88dF592F8eb5D7Bd38bFeF7dEb0fBc02cf3778a0
API3, $10-11 in the booksHey Traders,
At the beginning of 2021 API3 had a smaller circulating supply so $10.50 USD was an easy go, as with new coins, supply slowly gets added on therefore explaining why API3 isn't at its ATH. The Time cycles on the Weekly Candle Chart I drew are a signal for when API3 is cheap, this will always be valid until API3 clears $7. It is also safe to say that API3 is heading for $6.5 according to the Weekly Bollinger Bands. A thing you should know, TA with small/ new coins is difficult because you need more price history. If API3 were to get just to the $500M of UMA that would make API3 $10-11 USD per coin. $1B would make API3 $20-22 USD per coin. And if it killed Chainlink with $10B it would be $150-$200 per coin.
Just buy 3 API3, thank me later!
Safe trading,
-Pulkanator
MsgFW : 📧 #LDR 🧃On The Loose🔑🔐👼🏻Please ?🍊
Lana Del Rey
Florida Kilo's
White lines, pretty baby, tattoos
Don't know what they mean
They're special, just for you
White lines, baking powder on the stove
Cooking up a dream, turning diamonds into snow
I feel you, pretty baby, feel me
Turn it up hot, loving you is free
I like it down, like it down way low
But you already know that
You already know
(Fuck!)
Come on down to Florida
I got something for ya
We could see the kilos or the Keys, baby, oh yeah
Guns in the summertime
Chic-a-Cherry Cola lime
Prison isn't nothing to me if you'll be by my side
Yayo, yayo, yayo
And all the dope fiends
Yayo, yayo, yayo
(Fuck!)
Sun in my mouth and gold hoops
You like your little baby like you like your drinks--cool
White lines, pretty daddy, go skiing
You snort it like a champ, like the winter we're not in
(Fuck!)
Come on down to Florida
I got something for ya
We could see the kilos or the Keys, baby, oh yeah
Guns in the summertime
Chic-a-Cherry Cola lime
Prison isn't nothing to me if you'll be by my side
Yayo, yayo, yayo
And all the dope fiends
Yayo, yayo, yayo
We could get high in Miami
Ooh, ooh
Dance the night away
People never die in Miami
Ooh, ooh
That's what they all say (Yay)
(You believe me, don't you baby?)
Come on down to Florida
I got something for ya
We could see the kilos or the Keys, baby, oh yeah
Guns in the summertime
Chic-a-Cherry Cola lime
Prison don't mean nothing to me if you'll be by my
Yayo, yayo, yayo
All the Floridians like
Yayo, yayo, yayo
All the Colombians like
Yayo, yayo, yayo
And all my girlfriends
Yayo, yayo, yayo
That's how we do it, like
Mm-mm, pretty baby
White lines, pretty baby
Gold teeth, pretty baby
Yeah, yeah, yeah
Dance the night away
🍊
LINK is a boss with Hidden Bullish DivergenceLINK WEEKLY CHART. This chart is
staying within the bullish channel
and if you look at the RSI, and look
at the Bull Pennant, this chart has a
HIDDEN BULLISH DIVERGENCE. Thats when
the chart has a higher low and the RSI
has a lower low...this chart is primed for a bullish move
to the price targets listed.
The King of ORACLE During the 2020 Bullmarket, Link was one of those Crypto that Exceed Expectation. From single digit to double digits.
Base on Technical analysis, if Bitcoin keeps dropping, Possible 40k, we might see Link going down to 12 - 14 dollars.
The Reset Areas are areas that Link has a low possibility of going there unless there is a GIANT CRASH.
If Bitcoin continues to 60-70k and so on, we can see Link going back to All time high and Beyond.
Chainlink (LINK) Is UndervaluedAs the major go to oracle in the crypto space that powers the majority of DeFi, Chainlink (LINK) is undervalued at these levels below the 0.236 Fibonacci level at $23. We're also in a trough on the weekly RSI's meaning we're pretty oversold. Chainlink has nice steady long term growth and I personally believe Chainlink under $20 is a steal long term. Point of Control (POC) is around $27.45 where the majority of price recognition has occurred.
ORCL best growth quarter since 2018Oracle (ORCL) reported revenue of $10.4 billion, up 6% growth YoY vs company’s guidance range of 3% to 5%.
Street consensus forecast was $10.2 billion.
ORCL quarterly earnings of $1.21 per share VS Consensus Estimate of $1.11 per share.
Earnings surprise of 9.01%.
My price target is 100usd, similar to Citigroup`s.
LINKUSDT 4HHi everyone
Market participants can expect the price of LINK to recover from the level of $ 19.03
A reversal of this support will lead to a jump to the price range at $ 23.31
As the price crosses this barrier, the price is on the way to the next resistance at $ 25.62
Although it seems likely that the uptrend will continue above $ 25.62, investors should be wary above this level
On the other hand, if the price can not stabilize above the level of $ 18.51, it will most likely move to the bottom of the price range at $ 17.23
Thank You