NPXS on the next Bitcoin spike for 2022To list everything that PundiX is doing and what it has accomplished would hurt my fingers in typing so I will let you research it on your own. I will say that I have two conservative price targets for PundiX. By the time Bitcoin is hitting all-time highs in 2022, I believe we can see two prices for NPXS, one at $0.06 and the other at $0.25. I will say this about PundiX, it is gaining momentum as a grassroots platform with a huge community and growing development and innovation on its side. Many are hinting at $1 and this is possible but I have to be a little more realistic.
www.pundix.com
Platform
Kin on a beast run once Bitcoin leads the packGuys this is only a speculative look at the possibility of the Kin platform on future Bitcoin peak price of $250,000 by the end of 2022 or the beginning of 2023. This is only my opinion and not to be taken as trading advice. Please manage your own risk and be cautious when investing into these platforms. I am using a pitchfan Fibonacci on this chart. I am also basing my opinion on the Kin fundamentals and how they are building out their platform and taking into consideration the ongoing Sec fight. Personally, I am not concerned with this Sec fight as Kin is a decentralized platform and well equipped to maintain this position free from outside source control. Yes, Kin could see a possible fine or a settlement of some sort or they can actually win this case in court and set a precedent on the Howey test used by the Sec for Security (stock) positions.
LONG REN - Assets locked in wBTC continues to grow ...LONG REN - wBTC will continue to grow even bigger as more bitcoin moves into defi.
LONG XTZ - well timed swing tradeif XTZ establishes itself above,2.15
look for it to retest prior resistance @ 2.40
& eventually retest prior POC (fair value) @ 2.79
LONG ADA - CARDANO breakout of downtrend. LONG ADA - CARDANO breakout of a downtrend. Cardano has a proposed on-chain governance model that is not live at the moment. The project plans to introduce this system upon the arrival of the "Voltaire" era, alongside the network's decentralized treasury. In Cardano's on-chain governance system, participants will be able to use their staked ADA to voting on the future direction of the network.
Once Voltaire is live, protocol improvement proposals will originate from community participants instead of solely through the management of IOHK and Emurgo. Token holders, either through direct staking or a delegation system, will then be able to vote on which proposals the network should implement. Voltaire will also see the addition of a treasury system, whereby a fraction of all transaction fees will be pooled to provide funds for development activities undertaken following the voting process. -- cardano.org
LONG OMG/USDT - 45 min chart update - vol above avg bullish! LONG OMG/USDT - 45 min chart update - vol above avg bullish! - OMG Network is a Layer-2 scaling protocol for Ethereum. What this protocol aims to achieve is a higher transaction throughput at a lower cost while leveraging the security guarantees of its underlying layer. OMG Network is predicated on the creation of a child chain that batches transactions before committing them to the root chain, which, in this case, is Ethereum. The child chain relies on the root chain as the trust and arbitration layer. With this type of relationship, if something goes wrong with the child chain, users’ funds should remain safe. The protocol's token, OMG, is the primary method by which users can pay for transaction fees and interact with the network.
USDWTI H4 - Long Trade SetupUSDWTI H4 - Looking for a break above the previous high (white line indicated), fresh highs would then be set and resistance would have been broken, failing this, as mentioned in the technical rundown video, we may see a correction back down to the recently broken resistance for more of a major retest rather than yesterdays wick retest.
A LONG ROAD ahead for Snapchat's Visual OS ambitionsThis company, whose leadership has dubbed it a "Camera Company" is an experiment in platform making. Prepare for a long haul - it won't be easy. If they make this work, if it survives and matures as a business, then you have a platform for the 2020s/30s.
I think the near-term metrics and economics are FUGLY as all but I think this as a speculation is in whether a visual OS can be designed and deployed.
Right now all the "fellow kids" are talking with each other this platform. Will the demographic swarm move on to new toys which ride up the utility curve and become work and life tools? Maybe. Or will this both ride up the utility curve and mature into a fully functional service?
We're fully a generation plus into the browser era when Javascript was banged out in 10 days (tied nominally to Java for recognition) for Netscape and a monochrome landscape was given color and detail for artisans as intended by Marc Andreessen.
Will we see an experiment in moving a 2 dimensional experience into a fully articulated 3 dimensional virtual and augmented world building?
Will the landscape change again?
The company's June announcements hint at management's intentions: World Building.
I think an instructive and cautionary way to look at any snap chart or story is to look at Amazon's long 20+ year journey. I love those insane statements of "10,000 invested at this date would be worth... XXX dollars today..." easy to say in retrospect but it was decades of doubt and pain along the way if you paid too much attention from day to day.
Perhaps it takes a time frame that long and patience which attention-challenged audiences will need to embrace a controlled risk experiment in investing.
SHORT TERM watch out, lots of BACKING and filling from that gap up during it's recent blast off from single digits (2nd time since late 2019 when it was trading for a 4 handle and change!)
I will not trade it as a trend follower but I will accumulate it and see what happens in 18+ months and if they screw it up, hold it again for another 18months.
It's going to be a long painful road ahead.
LCX - Early adapter possibilityLCX
Market Cap: $ 7,841,951 USD
Circulating Supply: 529.038.953 LCX
Total Supply: 1,000,000,000 (now 956,682,375 LCX -> 43,317,625 LCX already burned)
What is LCX: Multi exchange platform
Trading in 1 place across multiple exchanges with smart order capability
Video platform: youtu.be
Video smart order: youtu.be
Trade: long term
No advice to buy but to do DYOR on this.
Grtz and give me a thumbs up if you like this post
Something new in the investment segmentGiven how much the project has risen in the cryptocurrency rating over the past year , this is a sign for me that it is worth continuing the relationship with it.
The investment platform will be ready soon. Now it is possible already to build a portfolio. And judging by the reviews and screenshots - this is convenient.
SYNA Platform Position Trading SetupSYNA formed a strong bottom based on hidden Dark Pool Quiet Accumulation that continues intermittently as the stock moves up over several months. There is High Frequency Trader trigger momentum periodically, which triggers Smaller Funds Volume Weighted Average Price orders. The control of price continues to remain in the giant Buy Side Institutions Dark Pool buying activity.
WDAY Top Hits Weak Support LevelWDAY topped on the short-term trend, but it is bouncing off of weaker support from money highs in 2018. WDAY remains at risk for more downside slip slide action, until it enters the Platform candlestick pattern formation from 2018. That support level offers stronger support due to a prior Dark Pool Buy Zone™ with minimal accumulation.
TTWO Platform CompressionPlatform trendline patterns usually form on the upside trend due to Dark Pool Quiet Accumulation, as the giant Buy Side Institutions control their entry price. This Platform formed on the downside, but it is in a compression at this time to test the highs of the sideways action.
TGT Platform Position TrendTGT has a Platform candlestick pattern which is a Position Trading style sideways price action. It is indicative of Dark Pool Quiet Accumulation that then triggers High Frequency Trader gaps. The resumption of another Platform candlestick pattern indicates the accumulation is not over.
FISV Trading Range at New HighPlatform development resumes for FISV after a 2-day High Frequency Trading gap and run out of previous platform. The current platform is at a new high for the stock.
Chasing Investments, XRP/USDT is Inching UpAfter a brief period of XRP/USDT pair consolidation above the technical level of support of 0.2800 a growth wave followed, as a result of which the buyers yet again tested the key technical level of resistance of 0.3000. Our readers may remember that we have previously suggested the possibility of the rate reaching 0.2900.
There are plenty of reasons for investors to be optimistic. Ripple XRP has recently been added on SafePal hardware wallet, which is designed for convenient and secure management of cryptocurrencies. SafePal now supports more than 1,500 cryptocurrencies, including BTC, ETH, LTC, and BNB.
Another piece of encouraging news for XRP investors is the fact that Ripple Xpring is investing in Swedish startup Towo Labs, which is developing the cryptocurrency self-custody technology. Ripple Xpring investment will be used to support the Towo Labs's roadmap over the next two years. This includes the development of a hardware wallet firmware that will support all types of Ripple XRP Ledger transactions. The company is also developing a new version of XRP Toolkit, a web interface for interacting with the Ripple XRP Ledger.
All of these developments are increasing the likelihood of continued rate growth to its earlier high of 0.3250. The psychological level of 0.2800 continues to act as a local support level, which also happens to be in line with the 61.8% Fibonacci retracement. As a result, both the technical and fundamental analysis points towards the continuation of the upwards movement.
Are Altcoins Ready for the New Season?OK, so bitcoin, the first and central cryptocurrency, is continuing to consolidate in a very narrow price range, which clearly points towards the uncertainty in the marketplace. As of right now, the BTC/USDT pair is trading at around the 8,300 mark, and it should be noted that over the past several weeks bitcoin dominance index has been going down. As a result of its decline, we can now see a significant growth of altcoins. For example, in the last 7 days BNB has gained more than 18%, with XRP and XLM having gained 6.3% and 4.7% respectively over the same time period.
FUMGO CEO Yehor Shyshov noticed that a similar situation occurred in January 2016, when altcoins also shot up. He said, "when bitcoin hits the "rock bottom" and starts its slow recovery, this always creates the best conditions for altcoins. Therefore, even a slight strengthening of BTC may now trigger a new wave of growth for major altcoins."
This opinion seems to be shared by other market players. For instance, CryptoBull compared the current bitcoin and altcoin price trends with the situation of 2017. Back then, the altcoin season started after the first major BTC crash, from $1,300 to $900. Today's scenario bears a close resemblance to those days.
Consequently, the emergence of a fairly strong bullish fundamental factor may trigger a prolonged wave of growth for bitcoin and key altcoins. There are plenty of reasons for the upwards movement to pick up: starting with another BTC hardfork to the slowing down of the world's economy, etc., which will facilitate the demand for cryptocurrencies. Make no mistake about it, it was precisely the risks associated with the trade war between the US and China that caused the wave of growth in the crypto market this year, and this is why the bullish scenario remains the most likely right now.
BTC is currently stuck in a narrow flat of $7,800-8, 800, and the market is waiting for resolution. The indicators are signaling growth, but for the price to resume its ascend it is necessary to wait for the breach of the upper boundary of the level of resistance which formed at the $8,800 mark on the daily graph.
CZ Continues to Delight the Market with Its Positive TrendsAfter Binance published a blog post in which it answered the question of whether BNB is a tokenized security or a utility token BNB continued its growth and overcame the resistance level of $16.00.
Binance listed more than 120 ways in which BNB can be used, which means that the asset has a high potential for active development and robust circulation. As a result, the investors just got another reason to believe in the glittering future and continue to invest in the coin.
The return of the BNB/USDT pair rate to above $18.50 will allow to expect sustained upward movement to the $20.00 mark. Please note that the resistance level of $18.50 was established as far back as May of this year and it acted as a level of support, thereby sustaining this position.
The bullish scenario remains the most likely until the rate returns to under $16.50, which is still a strong technical level of support.
Let's also take notice of the fact that the MACD histogram columns over zero, while the RSI indicator points up but is still significantly lower than 75, which would signal that the currency is overbought. All of this points toward the buyers' willingness to carry on the upwards drive to the $20.00 mark, and we recommend using the trailing feature in trading.
We would also like to remind our readers that at the AMA session CZ announced the date of the next burning of BNB, which, according to the announcement, will take place some time this October. This event is yet to come to pass, and in the meantime we are awaiting more detailed information
MDLZ Forms Long Platform PatternMDLZ has developed an unusually long Platform candlestick pattern at a new all-time high. The highs and lows are quite uniform, which is often the footprint of Buy Side Institutions using Dark Pools.
Bitcoin Continues to Lose Its LeadLet us recall that overall the situation on the cryptocurrency market remains fairly stable. At the same time, bitcoin continues to lose its market share, which shrunk to 66.8% from its September high of 71.2%. And of course we can always take the opposite view of the situation and see that it was the altcoins' share of the market that went up.
Nevertheless, we are not currently seeing the general increase of the market capitalization, the process that took place from December 2018 to June 2019. Looking at the market capitalization change vector over the last several weeks, we are not seeing any clear cause for optimism. This may be due to the low demand for Bakkt's bitcoin futures or could be a response to yet another rejection by the United States Securities and Exchange Commission of the proposal to launch bitcoin ETF, which was planned by the Bitwise Asset Management in partnership with NYSE Arca platform .
Whatever the reason, there is no need to panic yet: the market capitalization holds above the $215B-$216B mark, which has been the level of resistance for quite some time. Consequently, until this number drops below $211B, investors may expect continued growth of BTC and of the vast majority of the other Top 10 currencies in terms of capitalization
EOS, One of the Few Tokens to Not yet Have Gone to All Time LowDespite the positive news about the launch of the EOSIO 2.0 protocol, the rate of EOS/USDT pair is not in a huge rush to bounce back to its ATH. After a strong downward squeeze on September 24 the price was only able to come back up to 3.30. Meanwhile, against the backdrop of a price decline of all altcoins the price dropped to the bottom boundary of the flag .
This pattern signifies a continuation of the trend, so there is no point in expecting strong growth right now. The breach of the lower boundary of the flag will trigger a strong wave of selloffs of the coin, which will likely drive the price to the 2.60 mark. As a result, this development will have a negative effect on the asset overall.
We cannot currently recommend buying EOS for USDT: the best way to get into the currency would be to wait until the price reaches 2.50-2.60 (upon following the global vector of the trend). At this level it would be sensible to place a limit order to buy.
Will XRP Push off the Bottom or Remain an Outsider?While the rest of the world is preparing for the Libra launch, Brad Garlinghouse is "postponing" the project for least another three years. It is not inconceivable that he is just trying to attract attention to his own project amidst all the hype surrounding Libra.
The coin's price easily rose above Fibo 50% and hit the “golden ratio” of 61.8%. This speaks to the strong resistance on the part of sellers, and if this level is breached the price will continue its march towards the 0.29 – 0.30 USDT mark.
Overall, the coin looks attractive in terms of buying as indicators signal the continuation of the local trend. To be certain that the upwards movement will continue, the MACD sliding averages need to cross the 0 mark, and the price in the daily timeframe to hold above the MA50.
At the 0.2690 level it may be recommended to start buying the coin with limited orders , up to 0.2650. It appears quite likely that the coin will continue its climb from these rates.
USDT: No Such Thing as Too MuchThe United States Securities and Exchange Commission (the SEC) still believes that the primary cryptocurrency is not a security. As reported by The Block, Cipher Technologies Bitcoin Fund filed an application to register a closed-end interval fund and investment management company. The application states that bitcoin is a security. The SEC experts did not agree with this statement, citing Howe test and the SEC digital asset framework released earlier this year.
BTC/USDT rate is currently holding above the technical level of support of $7,800, which is the bottom boundary of the downward-pointing triangle. The breach of the bottom boundary of this pattern can trigger a strong wave of selloffs, crashing the price by another $900-$1,000, to the next technical level of support of $6,800.
The bearish scenario will only come to pass if the $7,800 mark is broken through; until that happens there remains a chance that the buyers will restart the growing trend. We will only be able to expect the rate to continue going up if and when the BTC/USDT rate climbs above $8,500. From our reading of the indicators this is still a possible scenario.
On the daily graph, the MACD histogram columns are starting to cross the 0 mark from the bottom to the top, and the sliding averages are repeating those of December 8, 2018, the date right before the next rally started. At the same time, the RSI indicator has started showing the recovery and confidently surpassed the 30 mark, which proves that traders do have the purchasing power. Always watch out for risk management
As a reference: yesterday 50 million USDT came into the market via Binance. This gives us hope that the owner of the funds will start actively buying the foundational cryptocurrency.
