Smartcontract
$ETC/USDT 3h (#BinanceFutures) Descending trendline breakoutEthereum Classic just regained 100EMA support and looks good for bullish continuation.
ethereumclassic.org
Current Price= 32.650
Buy Entry= 32.535 - 31.579
Take Profit= 34.826 | 37.111 | 40.293
Stop Loss= 29.745
Risk/Reward= 1:1.2 | 1:2.19 | 1:3.56
Expected Profit= +25.92% | +47.31% | +77.07%
Possible Loss= -21.63%
Fib. Retracement= 0.702 | 0.883 | 1.117
Margin Leverage= 3x
Estimated Gain-time= 3 weeks
Contracts:
#Mainnet
#BEP20 0x3d6545b08693dae087e957cb1180ee38b9e3c25e
#BEP2 ETC-758
$CTK/USDT 4h (#BinanceFutures) Falling channel near breakoutCertiK seems to be ready for short-term recovery, let's enter here with low leverage.
Current Price= 1.145
Buy Entry= 1.147 - 1.097
Take Profit= 1.287 | 1.422 | 1.618
Stop Loss= 0.998
Risk/Reward= 1:1.33 | 1:2.42 | 1:4
Expected Profit= +29.42% | +53.48% | +88.42%
Possible Loss= -22.10%
Fib. Retracement= 0.382 | 0.5 | 0.786
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
www.certik.com www.shentu.technology
$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
$ETH/USDT 3D (Binance Futures) Ascending triangle break & retestEthereum bounced on 50MA / ascending TL support and has formed a bullish flag, let's catch next dip for a mid-term swing!
Current Price= 4152.58
Buy Entry = 4006.05 - 3456.01
Take Profit= 4998.85 | 6999.83 | 10431.40
Stop Loss= 2882.99
Risk/Reward= 1:1.5 | 1:3.85| 1:7.9
Expected Profit= +33.98% | +87.61% | +179.58%
Possible Loss= -22.73%
Fib. Retracement= 1.117| 1.414 | 1.764
Margin Leverage= 1x
Estimated Gain-time= 5 months
Website: ethereum.org
Contracts:
#Mainnet
#BEP20 0x2170ed0880ac9a755fd29b2688956bd959f933f8
#BEP2 ETH-1C9
#TomoChain 0x2eaa73bd0db20c64f53febea7b5f5e5bccc7fb8b
#HECO 0x64ff637fb478863b7468bc97d30a5bf3a428a1fd
#Avalanche 0xf20d962a6c8f70c731bd838a3a388d7d48fa6e15
#Sora 0x0200070000000000000000000000000000000000000000000000000000000000
#RSK 0x1D931Bf8656d795E50eF6D639562C5bD8Ac2B78f
BITCOIN - Going down the trendThis does not provide financial advice. It is for educational purposes only. You can use this information to make your own plan for the market.
2021 was a bullish year for bitcoin with a primary trend leading to its peak at 70k. Today’s market continued to a downtrend since November last year and I have a couple of opinions that it might continue to go downtrend.
Here are my thoughts on the current market situation:
*With a parabolic arc pointing from the all-time low way back 2018 at 3k level up to its respective peaks and troughs to the very peak. We can see that candlesticks had already broken this parabolic advance which shows us a bearish signal.
*The second drawing is a trend line pointing all the way through the supports from the previous movement. The market is currently accumulating around this area and is somehow starting to break this line.
*Candlesticks are currently breaking support area at 40k level which is forming a very bearish candle (three black crows to be specific).
*Current support is at 40k level and the next one is around 30k. If it confirms a breakdown at 40k it’ll continue its dump going down to the next strong support.
DISCLAIMER: This analysis does not guarantee to be accurate, complete or fit for this market, please do your own research and use it as a priority before executing a trade.
$MOVR/USDT 1D (#KuCoin) Falling wedge on supportMoonriver is looking bottomed here and about to start the reversal if manages to break-out!
moonbeam.network
Risk/Reward= 1:1.5 | 1:3.78 | 1:6.73
Expected Profit= +38.06% | +96.31% | +171.35%
Possible Loss= -25.46%
Fib. Retracement= 0.382 | 0.702 | 1
Margin Leverage= 1x
Estimated Gain-time= 2 months
⚡️⚡️ #MOVR/USDT ⚡️⚡️
Exchanges: Binance, KuCoin
Signal Type: Regular (Long)
Current Price:
169.84
Entry Zone:
166.09 - 150.39
Take-Profit Targets:
1) 218.46
2) 310.64
3) 429.38
Stop Targets:
1) 117.96
ETH Looking Extra Bearish!ETH has clearly broken out of the parallel channel shown and is looking more bearish as the days go by. I've marked on the chart the next support zones to pay attention to. These zones would be the best areas to look to go long. You can also consider a short but with a tight stop in case of a bullish push from the whales. Let's see how this will play out in the coming days.
Do you think inflation is playing a role here?
Do you think there will ever be another bear market... if so are we currently in one? Let me know your thoughts below.
Love it or hate it, hit that thumbs up and share your thoughts!
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
This is not financial advice.
$VIDT/USDT 1D (KuCoin) Descending wedge breakoutVIDT Datalink has regained 100EMA and is likely to continue bullish mid-term, let's enter on the dip to come.
Risk/Reward= 1:2 | 1:4.26 | 1:8.86
Expected Profit= +35.35% | +75.44% | +156.93%
Possible Loss= -17.71%
Fib. Retracement= 0.618 | 0.883 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 3 months
Website: vidt-datalink.com
Contracts:
#ERC20 0xfeF4185594457050cC9c23980d301908FE057Bb1
#BEP20 0x3f515f0a8e93f2e2f891ceeb3db4e62e202d7110
#BEP2 VIDT-F53
⚡️⚡️ #VIDT/USDT 1D ⚡️⚡️
Exchanges: KuCoin, Binance
Signal Type: Regular (Long)
Current Price:
1.0401
Entry Zone:
0.9634 - 0.8626
Take-Profit Targets:
1) 1.2357
2) 1.6018
3) 2.3458
Stop Targets:
1) 0.7513
$CTK/USDT 1D (Binance Futures) Symmetrical triangle breakout CertiK has pulled back to demand zone after a strong bullish move, let's join the up-trend here.
Current Price= 2.376
Buy Entry= 2.354 - 2.182
Take Profit= 3.062 | 3.792 | 4.994
Stop Loss= 1.814
Risk/Reward= 1:1.75 | 1:3.36 | 1:6
Expected Profit= +35.01% | +67.20% | +120.19%
Possible Loss= -20.02%
Fib. Retracement= 1 | 1.272 | 1.618
Margin Leverage= 1x
Estimated Gain-time= 2.5 months
Websites: www.certik.com www.shentu.technology
Contract:
#Mainnet
#BEP20 0xa8c2b8eec3d368c0253ad3dae65a5f2bbb89c929
Binance: EOS buy / long 1DBinance: EOS buy / long 1D
Entry: 3,5
SL: 1D close below 2,5
TP: 6
TP2: 14
EOS price today is $3.80 with a 24-hour trading volume of $573,727,156. EOS price is down -3.4% in the last 24 hours. It has a circulating supply of 980 Million EOS coins and a total supply of ∞
EOS is a platform that’s designed to allow developers to build decentralized apps (otherwise known as DApps for short.)
The project’s goal is relatively simple: to make it as straightforward as possible for programmers to embrace blockchain technology — and ensure that the network is easier to use than rivals. As a result, tools and a range of educational resources are provided to support developers who want to build functional apps quickly.
Other priorities include delivering greater levels of scalability than other blockchains, some of which can only handle less than a dozen transactions per second.
EOS also aims to improve the experience for users and businesses. While the project tries to deliver greater security and less friction for consumers, it also vies to unlock flexibility and compliance for enterprises.
The blockchain launched back in June 2018.
ALGORAND against USD POS coinstaking, staking and staking!!
the creator
Silvio Micali is a professor of computer science at the Massachusetts Institute of Technology, and the founder of Algorand. He is a recipient of the Turing Award (in 2012) for his fundamental contributions to the theory and practice of secure two-party computation, electronic cash, cryptocurrencies and blockchain protocols. This makes him one of the foremost creators of crypto in the world.
Rank #20
Coin
On 373,858 watchlists
Algorand Price (ALGO)
$1.86
0.85%
0.00003044 BTC1.29%
0.0004137 ETH0.66%
SOLUSDT 4H Hi everyone
SOL price movements in the chart form a parallel ascending channel
If the cows can lead SOL to levels above resistance 245, SOL will probably break the $ 258 resistance
Crossing this resistance will allow SOL to continue moving up to the $ 271 parallel channel
If SOL loses his immediate support at $ 240, which is at the bottom of the uptrend channel, the cryptocurrency is likely to fall to $ 237 support
Further price reductions could push SOL to the $ 220 psychological level
Good luck
Avalanche (AVAX) Looking InterestingAvalanche has been in a downtrend now currently oversold on the daily coming off of recently new all time highs. AVAX looks like its been cooling off. Its about to test the low end of this ascending channel. We'll see if this channel holds. Currently trading under point of control. AVAX is still going to be a strong cryptocurrency this cycle. The Avalanche ecosystem is greatly expanding fast. Keep a look out for AVAX, may be priming to set up for another new all time high if it holds this ascending channel. Cheers!
Local Support Zone: $57.30 - $59.90
Point of Control: $63.75
$ADA/USDT 15m (Binance Futures)Falling broadening wedge breakoutCardano regained 50MA support, here goes risky scalp on very Low Time-Frame.
Current Price= 2.1493
Buy Entry = 2.1540 - 2.1268
Take Profit= 2.2252 | 2.2961 | 2.3915
Stop Loss= 2.0723
Risk/Reward= 1:1.25 | 1:2.29 | 1:3.69
Expected Profit= +19.80% | +36.35% | +58.65%
Possible Loss= -15.90%
Fib. Retracement= 0.618 | 0.786 | 1
Margin Leverage= 5x
Estimated Gain-time= 2 days
ADA/USDT A pull back to 1.8 for ADA then a bounce to the upside.Let's be realistic here, the market for ADA is quite extended right now so expect a pullback then a bounce off to the upside. This is looking very bullish especially with the smart contract on the side so expect to break the all-time high.
The RSI is above 80 so look out for the prices to either stay stable or correct itself to around the $1.9 level. I still believe that after this correction (I may be wrong), the prices will likely go parabolic as it has proven before.
A good opportunity to buy right now would be patient for a pullback to 1.8-1.9 or a market crash (anything can happen in crypto as we've seen it before). You could indeed short right now but add a stop loss at about $2.2 because we've seen how bullish ADA has been in the past week. You may hate me to say short right now you have to sometimes be a bear and sometimes a bull to be a good trader.
Good Luck EVERYONE and don't trade money you can't afford to lose!
Ethereum a New Evolution Brewing Still Time to Own At Least One!I know people are starting to sleep on cryptocurrency. Not too much heavy buying and not too much heavy selling. The state of the market is in limbo but these times present great opportunities. If you don't own at least one Ethereum now will be the time to seriously consider making it a goal. If you're trying to build wealth in cryptocurrency with the least amount of risk Ethereum is essential to your journey.
I have new Fibonacci levels starting from the swing high of $4395 on May 12th to the swing low of $1695 on June 26nd. Ethereum has been trading between $1695 and $2300. I'd say that Ethereum under $2000 is a steal. Of course these prices can all change depending on Bitcoins mood. If Bitcoin drops to the lower 20ks as many people suggest then Ethereum can easily come down below $1,000. So be cautious as the market sentiment is still extremely fearful.
However, the upside potential is extremely strong considering the developments taking place within Ethereum . Post EIP-1559 ( Ethereum becomes deflationary), continued DeFi expansion, and the NFT innovation are some of the catalyst that will have a major positive impact on Ethereum . Even Fox news channel and CNN are invested and experimenting in NFTs which is shocking to me.
I believe we will have stagnant price action until there's a decisive move in the market to the upside or further downside. We have been moving sideways for some time which can indicate we're in a heavy accumulation phase in the market. Looking at on chain metrics from Santiment the whale supply held by top addresses have been increasing at an alarming rate since May 22nd. Smart money knows wassup. Ethereum is still very undervalued.
Cheers much peace, love, health, and wealth as always! Keep building that crypto wealth for you and your family!
ADA Channel Mapped!!Hello Community!
Let's take a look at ADA on the Daily TF. I went ahead and mapped what I believe to be a very crucial channel. I like to zoom out and see the bigger picture always. It is currently very close to the bottom but it might still go down a little further to touch the channel which would still be a higher low if it bounces decisively. That would be the time to enter a long position with a tight stop. The top of the channel would be the best time to short with a tight stop. The Crypto Market follows BTC movements so at the end of the day it comes down to what project you have faith in the most. The reality is some coins/tokens will have stronger/weaker movements ( Bullish or Bearish ) based on how BTC moves.
Don't trade with what you're not willing to lose.
Love it or hate it, hit that thumbs up and comment. It'll be greatly appreciated!
This is not financial advice.
Safe Trading Calculate Your Risk/Reward & Collect!
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Taproot upgrade: 1st major upgrade in 4 years for BTC| what now?Any feedback and suggestions would help in further improving the analysis! If you find the analysis useful, please like and share our ideas with the community. Keep supporting :)
Quick glance: In our last tutorial, we discussed the use of MACD in different time frames in crypto-trading. In this tutorial, we will discuss the Taproot upgrade: the first major upgrade for BTC in 4 years!
Let us delve deeper into the Taproot upgrade and why it was so badly needed!
The Taproot upgrade for BTC would allow smart contracts to be run efficiently and cheaply! As of now, smart contracts are usually run on the Ethereum network because of the higher efficiency. However, with the Taproot upgrade, Bitcoin has the potential to elevate itself and integrate with mainstream finance.
Taproot upgrade for Bitcoin would allow smart contracts to take up lesser space on the network. Technologically speaking the Bitcoin network currently uses the 'Elliptic Curve Digital Signature algorithm.,' which occupies more space. It will be switched over to the 'Schnorr signatures' that will make the simpler transactions potentially indistinguishable from complex transactions. It translates into greater anonymity in the network while maintaining transparency.
Apart from the efficiency aspect, the ability to run smart contracts cheaper is what will be revolutionary. Currently, running smart contracts on Bitcoin's core protocol layer is not exactly feasible. It is quite expensive and time-consuming, thereby rendering it almost useless. Many experts suggest that smart contracts would be one of the key selling points for Taproot. To put things into perspective, smart contracts can be used for almost any trivial financial transaction such as paying utility bills to pay rent, among others.
The impact on the investors would likely be huge. Any long-term investor knows that the true potential of their asset would come from practical use cases that are adopted by the masses. Bitcoin's taproot upgrade might just be the key element that would propel it into mainstream finance. The bottom line is the kind of revolution that the Taproot upgrade might bring for Bitcoin is phenomenal.
$LINK 1D bullish expectations 150k-240k satsConservatively, all time horizontal channel in blue provides optimistic floors for link going into 2021 and beyond, with a current trend in range of the pink trend, creating a possible C&H scenario with 150k - 244k sat value in reach. Expect a maintenance of bullish range if we brake above/bounce off green line in coming weeks.
Reasons to be bullish (besides the out-standing all time performance of Link against USD, which has consistently printed higher lows for long-hodlr's over the past four years) .
◘ Chainlink Whitepaper 2.0 has released
◘ Close relationship with Arbitrum/Offchain Labs , on forefront of
delivering L2 scaling solutions for $eth gas inflation
◘ Close relationships with leaders in DeFi, Bancor, Aave, Yearn, Sushi, Synthetix
◘ Chainlink Hackathon winners have been announced, some of which will likely go on
to be major DeFi players (some names from previous bullet came out of
chainlink/smartcon summit incubators as well).
◘ Continued close relationship with World Economic Forum visions for the future of
Decentralized technology
◘ Sergey has been glowing recently in public interviews, having stated he is attracted
to this technology for the "Lack of bullshit", in reference to recent embarrassment of
Legacy systems locking user funds in the WSB/GME pump spectacle, as well as suggesting
that we should expect DeFi to "add a zero" as it grows towards a 500b total marketcap
◘ Chainlink remains the de-facto, premiere oracle solution in the space, with over 500+
integrations, 10's of billions in user funds secured in #DeFi protocols powered by Chainlink
◘ Staking will create a virtuous cycle for the entire chainlink ecosystem, compelling the price of
Link to steadily, continually rise into the long-term future as it secures more value, which
creates more security, allowing for higher and higher value smart contracts to be secured up
to as high as they would need to be for supplying an industry standard, world class oracle
solution capable of securing the highest value contracts in the age of data.