Marlin (POND) Support Line Action Leads To Growth!We are seeing now many pairs looking good and some already printing strong bullish action.
The next chart is for Marlin, PONDBTC.
Here we have a base we are naming "support line".
Each time this line is challenged, a bullish move shows up.
Just yesterday PONDBTC hit the support line, with bullish indicators, my money is on prices this time also going up.
You can look at the chart for additional information.
Here I am mapping two targets, yellow, and light blue for support.
Pretty exciting to see how this will all develop...
Thanks again for your continued support.
Stay tuned.
There will be more.
Namaste.
Pond
[PONDUSDT] End of symmetrical triangle... bullish!Hi all,
PONDUSDT is doing a great symmetrical triangle on both Daily/Weekly timeframes.
RSI is doing a huge bullish divergence since May (!) and MACD is showing some bullish signs, trading above the signal line for the past couple of days.
POND made a great pump one month ago with a great volume spike as you can see on the chart, then it went back into the triangle. The accumulation was done mostly in the current trading zone as the Volume Profile tool shows (green rectangle).
Bollinger's band are showing a sort of contraction which indicates a ranging zone being consolidated.
I believe POND will explode in upcoming days. 40% to 180% move according Fibonacci's levels (0.618 to 1).
This is not an investment advice, just sharing my thoughts as always.
Good luck everyone! :)
POND ascending trianglePond in ascending triangle, 3 times already was rejected from 0.169, and now lies on support trendline formed with this amazing run-up. Level 0.145 seems to be the local bottom and if it's lost we could open a short position. If the price breaks this significant resistance by 0.169 we could open a long position. Good luck traders
POND/BTC buy opportunityHi followers,
PONDBTC showing great signs of potential up move,
the pair is breaking out of long period of consolidation, with higher low confirming the start of a new up trend.
The buyers are supporting with high volume participation.
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
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Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only!
POND - Trade SetupPOND had a 35% move up and seems strong. There are strong buy volumes on the market.
It's pushing up the Bollinger bands but still tries to consolidate, which is a good sign.
Its been getting rejected by resistance too many times so watch out with your long positions.
Wait until the price crosses the first resistance and after it confirmed and closed a 4H candle above resistance, you can open your long positions. Use risk management.
I'll keep this chart updated.
Use this chart as your trade setup for now.
Current Market Price: $0.1000
Good Luck
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POND 150% COMING SOON ! Marlin is an open protocol that provides a high-performance programmable network infrastructure for DeFi and Web 3.0. The nodes in the Marlin network, called Metanodes, operate the MarlinVM which provides a virtual router interface for developers to deploy customized overlays and perform edge computations.
Notable overlays that can be built using MarlinVM include: * Low-latency block multicast to scale blockchains * Low-latency mempool sync for arbitrageurs * Mesh networks * Anonymity networks like mixnets * Device optimization and caching responses of API to Infura, Alchemy etc
Its native utility token POND is used for: * Running validator nodes on the network via staking * Making and voting on governance proposals to determine how network resources are allocated * Determining a set of network performance auditors and compensating users from an insurance fund in case of a SLA breach
Marlin aims to deliver on the promise of a decentralized web where applications secured via the blockchain are indistinguishable in terms of performance to users accustomed to Web 2.0.
Who Are the Founders of Marlin?
Marlin is the brainchild of developers Siddhartha, Prateesh and Roshan, all of whom have extensive experience in peer-to-peer networking.
Responsible for the development of Zilliqa, the first high-throughput blockchain to employ sharding in production, Siddhartha has had expexrience working at Microsoft and Adobe and is the author of the 2 US patents. Prateesh is a PhD candidate at the Massachusetts Institute of Technology (MIT) with a focus on Computer Networks and Roshan, an avid open-source enthusiast, was a contributor to the Boost C++ libraries.
The project employs former researchers at Ethereum Foundation, International Collegiate Programming Contest (ICPC) world medallists and developers with experience at Facebook, Cisco and Bosch. It counts the former CEO of Bittorrent and professors at MIT and Princeton amongst its advisors including authors of seminal P2P papers such as Chord DHT. Marlin is backed by the likes of Binance Labs, Electric Capital and Michael Arrington.
What Makes Marlin Unique?
Marlin is one of the few layer-0 projects focussed on network layer optimizations. Similar to Filecoin which is incentivized IPFS, Marlin claims to be the equivalent of an incentived libp2p. This makes Marlin ubiquitous in the decentralized web as any peer-to-peer application relies on networking between distributed nodes to function.
Marlin is thus blockchain-agnostic. It offers gateways built for several layer-1 as well as layer-2 platforms. Unlike several other scaling solutions which suffer from the scalability trilemma where either one of performance, decentralization or security is sacrificed, improvements in the network layer are not subject to such constraints which primarily govern consensus layers.
How Many Marlin Tokens Are There in Circulation?
There exist two tokens in the Marlin economy, MPOND and POND. MPOND has a total supply cap of 10,000 while POND is capped at 10,000,000,000. Conversion between the two tokens is facilitated via a bridge which returns 1,000,000 POND when sent 1 MPOND and vice-versa. Initially, 4,623 MPOND and 3,184,000,000 POND are created with POND primarily distributed amongst validators and the community. These numbers may vary over time due to conversions via the bridge. Every Marlin Metanode is required to stake MPOND and receives POND in the form of staking rewards.
How Is the Marlin Network Secured?
Built atop Ethereum, the correctness of execution of the Marlin smart contracts is protected by the network of Ethereum nodes.
In addition- * The Marlin network consisting of Metanodes risk having their staked MPOND and delegated POND being slashed if the network faces DDoS and spam attacks due to their failure to verify content that they introduce into the network. * Not unlike Proof-of-Work, the network uses tunable redundancy via erasure coding to ensure users receive performance and availability guarantees with the SLAs they demand and are proportionately charged for it. * A network of third-party auditors with probes across the globe, pre-approved by the Pond DAO, provide constant performance and coverage monitoring for applications that demand higher reliability. An insurance fund backed by the DAO is used to compensate users who incur a loss due to the network’s inability to meet its SLA guarantees.
How Can I Earn Marlin (POND)?
As a layer-0 project and true to its community ideals, MPOND is distributed amongst stakers of different layer-1 platform tokens via a mechanism called FlowMint. POND can thus be earned by converting such MPOND to POND via the bridge in addition to staking MPOND towards Marlin Metanodes which receive POND in staking rewards.
Pond - is going to break this range 😲😲Now that bitcoin is falling, altcoins will fall several times harder. These are opportunities for more profit percentage. Pond is now trading in a range. It's worth looking at the $0.078 level, which is support at the moment. But if the price breaks this level, there is a high probability that the POND will fall to the marked area. A good selling opportunity could come after a breakout or a retest of $0.078 as resistance.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
PONDUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are examining this currency in the 1-day timeframe, which is witnessing a bearish pattern, but as long as it does not lose its green support, there is no need to worry, and if it can break its red resistance upwards, its uptrend. Begins
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!