PROSUSDT (Prosper) Updated till 02-10-24PROSUSDT (Prosper) Daily timeframe range. if we zoomout the chart we can see price action got lots of space to move. its trying get out of 0.4003 which will be more optimal. it will be helpful if it get some more volume here to secure the level. local support at 0.2728.
Prosper
#PROS/USDT | Ready to rise strong#PROS
The price is moving in an ascending triangle on a 4-hour frame
The triangle is expected to be breached to the upside in a strong manner, with stability above Moving Average 100
Supported by oversold on the MACD indicator
And upward momentum for the market
Entry price is 0.5300
First target 0.5593
Second target 0.5895
Third goal 0.6229
Prosper (PROS) about to complete a setup for upto 32.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Prosper (PROS) with US Dollar pair.
Recently we more than 115% pump of PROS as below:
Now on a 2-hr time frame, PROS has almost formed a bullish BAT move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
PROSBUSD - Bump and Run Reversal Bottom PatternThe bump-and-run reversal bottom is a chart pattern that is a surprisingly good performer in both bull (ranking best for performance) and bear markets (ranking second best). It has a low break even failure rate and high average rise after the breakout. Discovered by Thomas Bulkowski in 1999.
PROSBUSD - Descending Channel (with Breakout to Upside) Pattern?Price channels are a trading concept that is borrowed from the traditional trend line concept. Instead of plotting a simple trend line, the price channels comprise of two trend lines, upper and lower trend lines. Trade signals are taken when price breaks out of the upper or lower trend lines or the price channel. When combined with support/resistance methods and candlestick patterns trading price channels offers a great way to trade the markets. It is worth mentioning however that price channels trading requires quite a bit of practice and analyzing the market structure.
Here, it looks like a descending price channel. We had fake breakouts to the downside and to the upside, followed by a real breakout to the upside, now we have retested the channel and the price seems ready to go up to the horizontal levels represented in the graph.
Let's see how this goes from here.
$PROS look ripe to explodeHere is a quick analysis about prosper's coin $PROS
Everything in the charts looks like this tokens wants to explode up. Price on the daily is being pushed higher and higher by an uptrend triangle, it has just retraced 0.618 right on point, is on a nice 30+ days uptrend. Looks ready to go to 1.4 or even higher
It is also supported on the project side, as propser is having a huge superbowl prediction event and is about to start big marketing through influencers for it.
Expect & enjoy volatility and nice price action on this.
Prosper (PROS) formed bullish Gartley for upto 65.50% rallyHi dear friends, hope you are well and welcome to the new trade setup of Prosper (PROS) with US Dollar pair.
On a 4-hr time frame, PROS has almost completed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
PROSBUSD - Bump and Run Reversal Bottom Pattern?Bump and Run Reversal Bottom Pattern
The bump-and-run reversal bottom is a chart pattern that is a surprisingly good performer in both bull (ranking best for performance) and bear markets (ranking second best). It has a low break even failure rate and high average rise after the breakout. Discovered by Thomas Bulkowski in 1999.
PROSBUSD - Bullish Harmonic Pattern - ReversalBullish harmonic pattern marks a potential reversal zone for PROSBUSD.
Important Note: This idea doesn't include any financial advice. Take your own risk.
Prosper ready to finish the cup&handle pattern (PROS/ETH weekly)Weekly chart for PROSETH. It looks like we have a Cup&handle chart here, haven't we? What do you think?
Important Note: This idea doesn't include any financial advice. Take your own risk.
nas100 analysis (28 june-01 july)here we go!
the reasons behind my bearish bias are as follows:
1. on monday we tested a key market level which is our current resistance level and closed bearish with bearish momentum as seen by the wick on top of the candlestick
2. market came and tested the downward trendline and closed below the trendline
3. on lower timeframes a head and shoulder pattern formed at the key market level
so there is a decent probability of market pushing down in the coming days and i'll take trades only when my edges occur
gold the next big rush and why people dont understand yet*shortwhile the world is distracted and panicking about silver and gold my recommendation, is to avoid and not to day trade. pick a conviction and stick with it. as for me i have watch read countless people ideas. best thing to come out of our current hyper-financialization world is we get real-time data and information. that way i look at charts is the emotion of the market. and just like any relationship you generally have an idea of how its going and how its going to end up, unless ur blinded by bias. so to make this short is that what's going to happen in the future is already determined and as we progress we find fewer possibilities of that outcome happening.
so reasons why gold and commodities will be the best asset to own.
1) try to go a week without the plastic card( maybe your bank flag a purchase and froze you card) happen to me yesterday. how much cash do you have or are you reliant to wait on your phone to get in touch with the bank.
2) with the ease of getting credit, asset prices have ballooned homes, stocks, credit cards. interest rates will rise this is a fact. the best way is to look at other countries and see what they are doing. generally they will all be copying each other.
3) when u realise that sp500 is misleading index fund that we all not is not top 500 companies split equally but is actually top 10 percent holds majority stake. and that this boom in is fuel by big tech optmisum. in the wise words of benjamin graham from the intelligent investor. tech stocks grow the most and fastest and they also crash the most and fall the greatest. we all saw netlix crash and yeah was bad it will come up before a more devastating crash. but that is just one example of what is to come.
4) this year marks where boomers will be retiring more than working. congrats to them gonna suck when their retirement fund can only afford to buy a Bannan once a month. they wont lose their money outright cause that would cause violence but instead will devalue their worth in time over the course of 10 years. people who move their savings into commodities will be saved from this devastating loss and gold just happens to be the most convenient and easiest method and best all around.
5) with the world being less trusting of each other, and becoming more reliant on themselves. the demand for each other currency will be a fraction of what it once was. thus will result eventually in a commodity-based asset exchange unit, that is easy to move and store and won't expire, and cannot be cheated.
7) the world is heading towards violence and 70+ years of pentup peace will eventually crash and burn. we know thur history when conflict arises and we are getting there but we are far from actual conflict. a big indicator is when excessive food supplies is being stored up. no major nation has done this yet.
here are just a few examples of why i belive gold will do well and in a predictable manner. don't get hyped into the fear.
these are my ideas and as always stay rational
PROS bullish set-up (Token release slowing down DEC)Private sale investors start receiving fewer daily token releases starting December. Recently acquired by ANimoca BRands (+ all tokens)
Looking for 2-300% by Late Jan
UPDATED DXY ANALYSISok! so i was too quick to jump to a conclusion on my first DXY analysis but then after looking at gold i have changed my bias because of the following...
1. gold moves in relation to the dollar index and gold is about to hit a major resistance level and major downward trendline
2. whereas dxy over here has also just respected a weekly resistance level and has started off the week bearish
3. i'm expecting the market to break my inner H1 upward trendline (or even respect it) then i'll short the DOLLAR
Where’s Prosper PROS/USD heading from here?Here it is PROS breaking out of the 50D EMA after re-testing the same support that held for months with more than 100% increase of volume over the past day. The MACD is showing strong potential upwards.
Fundamentally PROS is strong with $15M market cap but… the Market Cap / TVL Ratio is so high at 3689
I am onboard but didn’t set my exit target yet… what’s yours? And where do you see it heading?
Prosper PROS/ETH - Cheap BUY! LP Staking starts tomorrow!!!
About Prosper
prosper.so
World's first prediction market with the on-chain liquidity aggregation.
Working Product - Currently only 4.5 million tokens in circulation 100 million in total
Partnerships with Binance Smart Chain, Chainlink, Polygon, Avalanche, Polkadot, Tron
Currently in Beta and running prediction mining event on the Binance Smart Chain at beta.prosper.so
LP Staking starting tomorrow April 8th, 2021 - Info here medium.com
Very little marketing / promoting up to now so very much under the radar
PROSPER'S LP staking program
From April 8th, 2021, 410,400 $PROS tokens will be rewarded , in addition to the current staking mining campaign of 291,600 $PROS tokens.
To elaborate, approximately $2,000,000 USD worth of $PROS tokens will be distributed via liquidity pools.
The rewards will be distributed on an hourly basis with a 7 days vesting period from the claim action.
The process will happen on our own platform,
Staking happens on the PROS/USDC pair,
Stakers will need ETH in order to pay the gas fees.
Total reward pool: 410,400 $PROS
Daily reward pool: 9,120 $PROS
Hourly reward pool: 380 $PROS
During the LP staking program, the user may choose the lockup duration, which will reflect on his reward ratio. The lock-up period starts from the moment of staking.
OPTION 1 14 days lock up: x0,75 reward return ratio;
OPTION 2 30 days lock up: x1 reward return ratio;
OPTION 3 45 days lock up: flexible return ratio;
XAUUSD TO 1777 CONFLUENCE COUNT
1. THREE WEEKLY CANDLE REJECTION AT PREVIOUS MONTHLY SUPPORT @1686
2. MARCH 15 WEEKLY CANDLE CLOSE ABOVE PREVIOUS MONTHLY RES @1733
3. MARCH 22 WEEKLY CANDLE FINDS NEW SUPPORT AT PREVIOUS MONTHLY RES OF @1733 NOW TURNED SUPPORT.
4. MARCH 29 CANDLE RETEST PREVIOUS MONTHLY SUPPORT OF @1686 ( MAJOR REJECTION )
5. APRIL 5 CANDLE OPENS BULLISH LOOKING FOR CONTINUATION AND FURTHER BREAKING PREVIOUS RES OF @1733
ALSO BULLISH PENANT FORMATION ON 1H TIMEFRAME
6. POTENTIAL RETEST OF MONTHLY RES @1777 WHICH IS ALSO A 50% FIB RETRACE ON OUR MONTHLY TIMEFRAME
7. BUY ENTRY POSITION @1733 .
TAKEPROFIT @1777
8. STOP LOSS SET @1725 DEPENDING ON RISK MANAGEMENT.
PROS Rebuy at 3090H&S top with bearish div. BTC and ETH taking hits, if this continues alts will have a bearday
buy back at 3090.
PROS Prosper going parabolic. This BSC raze is insaneNice wedgy chart. Nice patterns following each other on clear breakouts and retests.
This is THE definition of altseason. This is the ETH pair, not even usd. As Benjamin Cowen on Youtube thinks, Eth itself is preparing itself to go x4 in its BTC ratio. Meaning... 32 Eth will be financial freedom