#SOL/USDT 6h (OKX Futures)Ascending trendline breakdown & retestSolana printed an evening star below 100EMA resistance and is pulling back to it, a rejection seems likely from it.
⚡️⚡️ #SOL/USDT ⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Short)
Leverage: Isolated (6.0X)
Amount: 5.0%
Current Price:
19.520
Entry Targets:
1) 19.649
Take-Profit Targets:
1) 17.691
Stop Targets:
1) 20.302
Published By: @Zblaba
CRYPTOCAP:SOL OKX:SOLUSDT.P #Solana #PoS solana.com
Risk/Reward= 1:3.0
Expected Profit= +59.8%
Possible Loss= -19.9%
Estimated Gaintime= 5-10 days
Staking
#SCRT/USDT 1D (ByBit) Falling broadening wedge breakoutSecret Network is about to regain support, seems ready for short-term recovery towards 100EMA & 200MA resistances.
⚡️⚡️ #SCRT/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (2.4X)
Amount: 5.0%
Current Price:
0.3480
Entry Zone:
0.3458 - 0.3218
Take-Profit Targets:
1) 0.3999
2) 0.4497
3) 0.4995
Stop Targets:
1) 0.2785
Published By: @Zblaba
$SCRT #SCRTUSDT #Secret #Privacy
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +47.5% | +83.3% | +119.1%
Possible Loss= -39.8%
Estimated Gaintime= 1-2 months
scrt.network
#LOOKS/USDT 1D (ByBit) Falling wedge breakoutLooks Rare finally regained 20EMA support and seems ready to push towards 100EMA resistance.
⚡️⚡️ #LOOKS/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (1.6X)
Amount: 5.1%
Current Price:
0.06390
Entry Zone:
0.06400 - 0.05740
Take-Profit Targets:
1) 0.07835
2) 0.09165
3) 0.10490
Stop Targets:
1) 0.04620
Published By: @Zblaba
BSE:LOOKS #LOOKSUSDT #LooksRare #NFT
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +46.5% | +81.6% | +116.5%
Possible Loss= -38.9%
Estimated Gaintime= 1-2 months
looksrare.org
#EGLD/USDT 12h (ByBit) Rising wedge breakdownMultiversX just lost 50MA support and seems likely to continue with the local retracement down.
⚡️⚡️ #EGLD/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (5.5X)
Amount: 5.0%
Current Price:
34.15
Entry Targets:
1) 35.35
Take-Profit Targets:
1) 30.25
Stop Targets:
1) 37.90
Published By: @Zblaba
CRYPTOCAP:EGLD #EGLDUSDT #MultiversX #Elrond #eGold
Risk/Reward= 1:2
Expected Profit= +79.3%
Possible Loss= -39.7%
Estimated Gaintime= 2-3 weeks
multiversx.com
ADX (AdEx Network) Token Analysis 27/04/2021Fundamentals:
AdEx Network describes itself as a new-generation solution aiming to address and correct some of the most prominent inefficiencies of the online advertising industry.
AdEx originated in 2017 as a decentralized ad exchange and subsequently evolved into a full protocol for trading of advertising space/time and the subsequent verification and proof of ad delivery. It covers all interactions between publishers, advertisers and end users.
AdEx Network works through micropayments on Ethereum by utilising the OUTPACE layer 2 payment channels, and offers DeFi staking of its native ADX token.
The AdEx team also develops an open source platform built on top of the Ethereum implementation of the protocol, available at platform.adex.network Since the public launch of the platform in 2020, it has gained more than 4,000 registered users and has processed 800+ million micropayments on the blockchain.
ADX is the native utility token that is used for incentivizing validator uptime and ensuring the smooth running of all advertising campaigns on the AdEx platform.
Validators are appointed for each advertising campaign on the platform, and are responsible for processing the micropayments between publishers and advertisers through layer 2 payment channels. The more tokens are staked, the stronger the reliability guarantees of the validator network. As of late 2020, the staking APY is over 50%.
By using payment channels, AdEx ensures full transparency for all involved parties. Moreover, AdEx is using its own Layer-2 scaling solution called OUTPACE to facilitate micropayments per impression between its advertisers and publishers, processing more than 2,5 million transactions daily.
After successful beta tests, AdEx Network released the AdEx Platform in 2020 and scaled it to 7,000 registered advertisers and publishers generating more than 70 million monthly impressions. In August 2020 AdEx started incentivized staking and liquidity providing programs for the $ADX token, interacting with the DeFi ecosystem and engaging its community into actively supporting the stability of the AdEx Platform.
in January 2020, AdEx Network launched the company’s staking portal, where ADX holders can receive rewards for staking their tokens. These rewards were initially limited to a portion of the validator fees paid per campaign on the AdEx advertising platform. In September the same year AdEx staking was expanded to include security mining as well, and soon after a Loyalty Pool was added too, using Chainlink price feeds.
learn more on staking here:
www.adex.network
AdEx Network was created by Ivo Georgiev and Dimo Stoyanov - seasoned entrepreneurs with a track record. The duo is also the powerplant behind the media streaming platform Stremio that has 14+ million users around the globe.
Today, a team of 20 professionals works on the AdEx Network advertising platform and staking ecosystem
Adex Network launched on June 30, 2017 with 100,000,000 ADX tokens created at that date. In September 2020, the company team performed a token upgrade that allowed for an additional 50 million tokens to be minted. To date, the total number of coins in circulation is 114,160,982 ADX.
The live AdEx Network price today is $1.38 USD with a 24-hour trading volume of $4,379,738 USD. AdEx Network is up 10.34% in the last 24 hours. The current CoinMarketCap ranking is #302, with a live market cap of $161,978,711 USD. It has a circulating supply of 117,708,550 ADX coins and a max. supply of 150,000,000 ADX coins.
ADX is available on some of the largest exchanges in the world: - Binance: ADX-ETH, ADX-BTC - Bittrex: ADX-ETH, ADX-BTC - Upbit Korea: ADX-KRW - Huobi: ADX-BTC - HitBTC: ADX-ETH, ADX-BTC, ADX-USD - Folgory: ADX-ETH, ADX-USDT - 1inch.exchange - Uniswap V2 - Mooniswap - SushiSwap: ADX-ETH - WazirX: ADX-USDT - CoinDCX: ADX-BTC - IDEX: ADX-BTC - Fatbtc: ADX-ETH - VCC Exchange: ADX-ETH, ADX-BTC - Balancer: ADX-yUSD
Technical Analysis:
This Token has done its Initialization and Accumulation phase and has shown some impulsion and currently is at the retracement to the Fibonacci Golden Zone of the Entire impulsive cycle.
There are few Support Areas below the current price defined by Fibonacci Retracement which can be considered as the very critical point for trend Reversals from Bearish retracement to Bullish Rally...
There are total of 3 Targets defined by Fibonacci Projection of the Impulsion and its Parallels Legs levels confluences with the past Price Action Levels.
Both 1 and 2 TP are having Strong Confluences with Price's past behavior, so they have significant importance in the Future UP Moves.
The 3 TP gets its Confirmation as the price triggers the 2 TP followed by some distribution and retracement for better price correction and Impulsive UP Move's Reaccumulation...
1INCH (1inch) Token Analysis 26/04/2021Fundamentals:
1inch is a decentralized exchange (DEX) aggregator, connecting several DEXes into one platform to allow its users to find the most efficient swapping routes across all platforms. In order for a user to find the best price for a swap, they need to look at every exchange — DEX aggregators eliminate the need for manually checking, bringing efficiency to swapping on DEXs.
DEX aggregators work by sourcing liquidity from different DExs, meaning that they are able to offer users better token swap rates than they could find on any single DEX, in the shortest time possible.
1inch launched in August 2020 after a $2.8 million funding raise from Binance Labs, Galaxy Digital, Greenfield One, Libertus Capital, Dragonfly Capital, FTX, IOSG, LAUNCHub Ventures and Divergence Ventures.
If you are a trader trading large amount of tokens, you may not be aware of all the availability liquidity across different DEXes in order to get the best price quote. Price quote offered by DEX fluctuates according to the liquidity pool at any given time. Also, when you are trading large size, every percentage of savings can be magnified with an optimal trading path. 1inch aims to solve all that in a single user friendly interface.
Pathfinder is the discovery and routing algorithm developed by the 1inch team. It is the algorithm the powers the backend to finding the most efficient route to swap a token. For example, if a user wants to sell ETH for WBTC, Pathfinder will explore all DEXes such as Uniswap, Curve, Balancer, DODO, Sushiswap, and more. The result is a recommended route that optimizes fees and liquidity in order to give users the best rate. Users no longer need to check each individual services in order to find the best price.
In December 2020, 1inch raised another $12 million in Series A funding, led by Pantera Capital, with others including ParaFi Capital, Blockchain Capital, Nima Capital and Spartan Group. The funding round was conducted through a SAFT sale (simple agreement for future tokens).
1inch in winter 2020 also launched Mooniswap, its own automated market maker (AMM).
In December 2020, 1inch launched its 1INCH governance token, and the 1inch Network began to be governed by a decentralized autonomous organization (DAO).
1inch is unique in that it provides instant governance for its users. This feature allows 1inch users to vote for specific protocol settings in the decentralized autonomous organization (DAO) model.
1inch is non-custodial, and all trades take place within one transaction from a user’s Ethereum-based wallet. As of December 2020, Oasis, Kyber Network, Uniswap, 0x Relays and others are integrated into 1inch’s protocol.
1inch was founded by Sergej Kunz and Anton Bukov over the course of the ETHNewYork hackathon in 2019. The two had earlier met during a live stream of Kunz’s YouTube channel (CryptoManiacs), and began entering hackathons together, winning a prize at a hackathon in Singapore as well as two major awards from Ethereum Global.
Prior to 1inch, Kunz worked as a senior developer at product price aggregator Commerce Connector, coded at communication agency Herzog, led projects at Mimacom consultancy, and then worked full time at Porsche in both DevOps and cybersecurity.
Bukov, currently the CTO of 1inch, had worked in software development since 2002, and worked in decentralized finance (DeFi) since 2017 on products including gDAI.io and NEAR Protocol..
The 1inch token launch was announced in August 2020. At the time, co-founder Sergej Kunz said that the token would be registered with a regulator, but did not specify which. According to Kunz, “the 1INCH tokens are not intended to be securities or an investment. The 1INCH tokens are intended to be used for their consumptive purposes on the 1inch Network, the 1INCH token protocols, and other applications that third parties may develop utilizing the 1INCH tokens and/or the permissionless blockchain-based decentralized 1inch Network." He added at the independent board of the Cayman Islands 1inch Foundation will support the adoption of 1inch tokens.
The 1inch token will be used to stake and participate in the governance of 1inch protocols by all holders.
The circulating supply on 1inch as of its release day on Dec. 25, 2020 is 6 percent of the total issuance, as well as .5 percent for the first two weeks of the liquidity mining program. The current total supply of 1INCH is 1.5 billion tokens.
Of the total token supply, 30 percent was allocated to community incentives, and they will be passed out over the next four years in order to create an incentive for community members to be involved in protocol governance.
Over a four-year period as well, 14.5 percent of the total supply will make up the protocol growth and development fund, used to issue grants, bring on developers and repay any users due to unforeseen circumstances.
Technical Analysis:
The Token is currently at the Retracement Phase, where we can see there are Multiple Support Areas defined by Fibonacci Retracement on its Bearish Pathway, where as each of them are having very significant podetial to Reverse the Bearish Trend to The Long Bullish Rally and send the Price to the New ATH.
There are total of 4 Targets Defined by Fibonacci Projection of the initial Impulsive wave and Expansion of the Retracement
the 1 TP is -27% of Fibonacci Expansion
2,3,4 TPs are the Projections
We get the 4 TP confirmation as the Price Triggers the 3 TP which is the 161.8% (Expansion) level of Fibonacci Projection followed by some price Correction and Retracements.
#GMX/USDT 8h (Binance Futures) Descending channel breakoutGMX just regained 50MA support and seems to be ready for a rally towards 200MA resistance, probably after a last dip.
⚡️⚡️ #GMX/USDT ⚡️⚡️
Exchanges: Binance Futures
Signal Type: Regular (Long)
Leverage: Isolated (3.0X)
Amount: 6.4%
Current Price:
49.74
Entry Targets:
1) 47.36
Take-Profit Targets:
1) 58.39
Stop Targets:
1) 39.99
Published By: @Zblaba
TSX:GMX #GMXUSDT #Gambit #DEx
Risk/Reward= 1:1.5
Expected Profit= +69.9%
Possible Loss= -46.7%
Estimated Gaintime= 2-3 weeks
gmx.io
#WOO/USDT 8h (ByBit) Descending trendline breakoutWoo Network looks good for bullish continuation after consolidating above 100EMA support, targeting broadening wedge resistance.
⚡️⚡️ #WOO/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (5.9X)
Amount: 5.0%
Current Price:
0.2131
Entry Targets:
1) 0.2103
Take-Profit Targets:
1) 0.2389
Stop Targets:
1) 0.1960
Published By: @Zblaba
FWB:WOO #WOOUSDT #WooNetwork #CeFi
Risk/Reward= 1:2
Expected Profit= +80.2%
Possible Loss= -40.1%
Estimated Gaintime= 1-2 weeks
woo.org
Post-upgrade review: what’s next for Ethereum?Ethereum’s network keeps evolving
When the ethereum network enabled withdrawal of staked Ether (ETH) and related rewards on 12 April 2023, several upgrades were made into the blockchain. Many investors wonder why the ‘Shanghai upgrade’ was rebranded as ‘Shapella upgrade’. This was due to the fact that software upgrades were made both on the execution layer of the blockchain (the Shanghai upgrade) and on the consensus layer of the blockchain (Capella upgrade). The execution layer is an environment where applications and smart contracts reside and where transactions within and between applications are processed. The consensus layer, on the other hand, is a place where the network rules are enforced. This layer became active with the introduction of Proof-of-Stake (PoS) consensus mechanism. The combination of these upgrades is called ‘Shapella’. It is typical for the Ethereum network that it keeps evolving and improving. In fact, Ethereum’s inventor, Vitalik Buterin, has stated that after the completion of the Merge, the network is only 50% complete.
Staking yield varies
On 30 May 2023, Ethereum’s annual staking yield was estimated at 5.6%1. The estimated yield varies depending on the amount of validators, the amount of transactions, whether maximum extractable value (MEV) technology is used, and how ETH is staked: via solo home staking, staking-as-a-service, via liquid staking pools or via centralised exchanges. The number of validators has increased to a total of almost 593,000 validators2. One could assume that when the validator number increases, the annual percentage yield (APY) might go down, but transaction fees and MEV technology, on the other hand, might increase the yield. MEV is about prioritising the transactions and outsourcing the block production to third parties to maximise the yield. As more use cases are being developed, and more ETH is being used, the transaction portion of the yield might increase.
Number of validators keeps increasing, making the network more secure
The more validators there are the more secure the network is, although there comes a point when additional validators no longer add value in terms of security but add to the cost of securing the network. In fact, Ethereum developers are planning to cap the number of validators to make sure they do not overpay for economic security and to have plenty of new ETH for staking and for collateral purposes behind decentralised stablecoins. It also appears necessary to restrict the growth of validators as some future upgrades on Ethereum, such as single slot finality, require every validator to respond in seconds. To have a million validators might make this process technically challenging3.
The largest individual new validators since the unstaking event come from liquid staking providers Lido Finance (19%) and Rocketpool (4%) and centralised exchange provider Coinbase (7%). Over 50% of new validators are unidentified4.
Validators wanting a full exit has dropped significantly
After withdrawal of staked ETH and related rewards were allowed, the Ethereum network limited the number of full validator exits to maintain the stability and security of the network. The number of full exits was limited to seven validators per epoch, which is 6.4 minutes, meaning that a maximum of 1,575 validators could exit the network per day5.
Although there was an initial flurry of exits, on 30 May 2023, just 53,028 ETH or approximately $101 million of ETH was waiting for a full exit. This number is down 6x from early May when over 350,681 ETH was waiting for a full exit from the network. The number of validators that have exited fully so far is approximately 10% and, at the moment, the number of validators waiting for a full exit is just 1,642, down from 10,920 validators in early May6. A big part of exited validators come from Kraken, and was expected, as Kraken has settled a lawsuit with the Securities and Exchange Commission in the US and promised to stop offering its staking-as-a-service product to US customers. Other large exits have come from Binance, Coinbase, and Huobi7. It also looks as though 50% of ETH waiting for withdrawal has come from Kraken8.
The feared downside price pressure on ETH did not materialise and, in fact, the price of ETH has not changed much since unstaking. The price is flat since 12 April 2023, although the price has varied somewhat during this time period. ETH, however, has had a meaningful run since the beginning of 2023, and is up by more than 50% this year9.
Increasing amount of staked ETH shows the attraction of staking yield for investors
Since the Merge in September of last year, the amount of ETH staked has increased by 60% to a total of over 21.6 million from 13.5 million of ETH staked last September. This number includes the ETH rewards10 and is close to 16% of the total ETH in circulation. The number of validators has increased as well by 40% since the Merge last September to 593,000 from 420,000. We expect the staking ratio to increase further and to at least double in the next year or so. Increased amount of staking activity and the increasing number of validators are positive signs for the Ethereum network and show that staking yield is part of the attraction for investing in Ethereum.
Slow transaction processing and high costs remain to be resolved
The Shapella upgrade does not solve the problem of network congestion or high gas/transaction fees, which became a problem during the last bull market of 2021-2022. Several other layer 1 networks, such as Solana, were actively developed and promoted during this time, because Ethereum’s gas fees rose to exceedingly high levels during high demand periods. For the moment, the network’s ability to handle transactions remains limited to 15-30 transactions per second.
Up until recently, to address the capacity limitation problem, the Ethereum developers have talked about implementing sharding later this year. Sharding is a term whereby the network is split into smaller ‘shards’ to increase capacity. What seems to have taken precedence recently, instead, is to work together with layer 2 networks and to increase the Ethereum’s network capacity via Proto-Danksharding.
Short-term scalability is expected to be achieved via Proto-Danksharding
Proto-Danksharding is a way to address the scalability problem on the Ethereum blockchain. It uses layer 2 rollups (optimistic rollups, zero-knowledge rollups) to move transactions off-chain, bundle them up, and verify them back as a single transaction on the Ethereum’s layer 1 blockchain. If there is a problem with a transaction, this transaction can be reconstructured on Ethereum’s layer 1 network. This need to post the transaction data back to the layer 1 network is expensive because data is posted on all Ethereum nodes and is expected to live on the chain forever.
Proto-Danksharding aims to solve this problem by attaching data ‘blobs’ into the network temporarily. Blobs would be large portable bundles that could contain cheap transaction data. These blobs would not be accessible to Ethereum Virtual Machine’s (EVM) environment and would be automatically deleted after a fixed time period. This would enable layer 2 rollups to send transaction data back to layer 1 much more cheaply and pass these savings on to users resulting in cheaper transactions.
Sources
1 Source: Ethereum
2 Source: Ethereum
3 Source: Tim Beiko & Justin Drake, Ethereum Foundation, April 2023.
4 Source: Nansen
5 Source: Ethereum
6 Source: Nansen
7 Source: Rated Network Explorer.
8 Source: Nansen
9 Source: Nansen
10 Source: Nansen
$MINA/BTC 2D (#Binance) Falling wedge breakout and retestMina Procotol just pulled-back after a morning star which is a bullish reversal pattern.
Also we can see RSI broke-out, road back to 200MA resistance seems likely!
⚡️⚡️ #MINA/BTC ⚡️⚡️
Exchanges: Binance
Signal Type: Regular (Long)
Amount: 6.4%
Current Price:
0.00002637
Entry Targets:
1) 0.00002584
Take-Profit Targets:
1) 0.00003384
Stop Targets:
1) 0.00002183
Published By: @Zblaba
FWB:MINA #MINABTC #MinaProtocol #PoS #Web3 #ZKP
Risk/Reward= 1:2
Expected Profit= +31%
Possible Loss= -15.5%
Estimated Gaintime= 2-3 months
minaprotocol.com
$ADA/USDT 2D (#Bybit) Descending trendline breakout and retestCardano is pulling back to 50MA support and seems to be done with the downtrend, let's prepare for mid-term recovery.
⚡️⚡️ #ADA/USDT ⚡️⚡️
Exchanges: ByBit USDT, Binance Futures
Signal Type: Regular (Long)
Leverage: Isolated (2.0X)
Amount: 4.6%
Current Price:
0.4051
Entry Zone:
0.4014 - 0.3618
Take-Profit Targets:
1) 0.4798
2) 0.5536
3) 0.6275
Stop Targets:
1) 0.2995
Published By: @Zblaba
CRYPTOCAP:ADA #ADAUSDT #Cardano #PoS #L1
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +51.5% | +90.1% | +128.9%
Possible Loss= -43.0%
Estimated Gaintime= 3-4 months
cardano.org
ETH - Critical Resistance Ahead 🗝Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
ETH has been slight bullish for the last couple of weeks trading inside the orange flat rising broadening wedge pattern.
📈 Lately, ETH rejected the upper bound of the wedge pattern and now retesting it again.
For the bulls to take over again medium-term , we need a break above the red resistance.
📉 Meanwhile , If / As ETH approaches the lower bound of the wedge pattern and blue support, we will be looking for buy setups.
Which scenario is more likely to happen next? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
$GMX/USDT 12h (#Bybit) Rising wedge breakdown and retestGMX (f.k.a. Gambit) lost 100EMA support and got rejected after pulling back to it, bearish continuation would make sense.
⚡️⚡️ #GMX/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (4.2X)
Amount: 5.0%
Current Price:
72.890
Entry Zone:
74.345 - 77.445
Take-Profit Targets:
1) 67.335
2) 60.890
3) 54.450
Stop Targets:
1) 83.055
Published By: @Zblaba
TSX:GMX #GMXUSDT #Gambit #Derivatives #DEx
gmx.io
$TWT/USDT 12h (#Bybit) Descending trendline breakout and retestTrust Wallet Token regained 50MA support, seems to be done with the downtrend and ready for recovery towards 200MA.
⚡️⚡️ #TWT/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (4x)
Amount: 5.0%
Current Price:
1.2160
Entry Targets:
1) 1.2030
Take-Profit Targets:
1) 1.3845
Stop Targets:
1) 1.0820
Published By: @Zblaba
$TWT #TWTUSDT #TrustWalletToken
Risk/Reward= 1:1.5
Expected Profit= +60.3%
Possible Loss= -40.2%
$STMX/USDT 1D (#Bybit) Ascending wedge breakdown and retestStormX got rejected on 200EMA resistance then printed an evening star, bearish continuation is in play after a pull-back to 200MA.
⚡️⚡️ #STMX/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (2.7X)
Amount: 4.9%
Current Price:
0.005235
Entry Targets:
1) 0.005575
Take-Profit Targets:
1) 0.004305
Stop Targets:
1) 0.006420
Published By: @Zblaba
$STMX #STMXUSDT #StormX #DeFi
Risk/Reward= 1:1.5
Expected Profit= +61.5%
Possible Loss= -40.9%
stormx.io
$WOO/USDT 12h (#Bybit) Ascending triangle breakout and retestWoo Network is pulling back to 100EMA support where a small bounce would make sense.
⚡️⚡️ #WOO/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (2.3X)
Amount: 5.0%
Current Price:
0.2403
Entry Targets:
1) 0.2375
Take-Profit Targets:
1) 0.2998
Stop Targets:
1) 0.1959
Published By: @Zblaba
FWB:WOO #WOOUSDT #WooNetwork #CeFi
Risk/Reward= 1:1.5
Expected Profit= +60.3%
Possible Loss= -40.3%
Estimated Gaintime= 2-3 weeks
woo.org
ETH - All Eyes on 2000 & 1750 👀Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
From a long-term perspective, ETH has been overall bullish trading inside the rising broadening wedge pattern just like BTC.
Lately, from a medium-term perspective, ETH got stuck inside 1750 support and 2000 resistance.
As per my trading style, here is my plan:
📉 1- Wait for ETH to approach the 1750 support to look buy setups
📈 2- Wait for ETH to break above 2000 (daily candle) then look for buy setups on its retest
📌 Meanwhile, as long as ETH is sitting midway it would be a no trade zone for me. So I will be waiting patiently!
Remember: Sometimes No Trade, is also a Trade.
Which scenario do you think is more likely to happen first? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
$RPL/USDT 4h (#Bybit) Ascending wedge on resistanceRocket Pool looks overbought on Low TF and seems likely to get rejected on local top then retrace down to 100EMA support.
⚡️⚡️ #RPL/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (6.4X)
Amount: 5.0%
Current Price:
47.770
Entry Zone:
48.150 - 49.760
Take-Profit Targets:
1) 45.285
2) 42.830
3) 39.760
Stop Targets:
1) 52.025
Published By: @Zblaba
$RPL #RPLUSDT #RocketPool #LP #DeFi #Eth2
Risk/Reward= 1:1.2 | 1:2.0 | 1:3.0
Expected Profit= +48.0% | +80.1% | +120.2%
Possible Loss= -40.1%
Estimated Gaintime= 2 weeks
rocketpool.net
ETH - Trend-Following Setup; Again ❗️ Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per my last analysis (attached on the chart), we were looking for trend-following buy setups.
Now ETH is retesting the lower trendline again , so we will be following the same logic.
ETH has been stuck inside a range in the shape of a rising channel in orange .
Moreover, the 1800 is a minor demand zone lining up with the previous major highs.
🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the orange demand and lower orange trendline. (acting as non-horizontal support)
As per my trading style:
As ETH approaches the purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
We will remain bullish , UNLESS ETH breaks below the lower orange trendline.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
ETH - Trend-Following Setup ❗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
After breaking above 1700, ETH has been stuck inside a range in the shape of a rising channel in orange.
Moreover, the 1700 is currently acting as a strong support zone.
🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the blue support and lower orange trendline. (acting as non-horizontal support)
As per my trading style:
As ETH approaches the purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
We will remain bullish, UNLESS ETH breaks below 1700, in this case a deeper correction till around 1550 would be expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
ETH - All Eyes on 1700 👀Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📌 on Daily: Left Chart
ETH is currently bullish trading inside the red rising broadening wedge pattern; and the next main resistance would be around 2000 and/or upper red trendline.
📉 Hence, as ETH approaches the 2000 zone, we will be expecting the bears to take over for a medium-term correction.
📌 on H4: Right Chart
For now, we will remain bullish as long as ETH doesn't break a previous major low.
The current last major low is around 1700
📉 If we break below 1700 expect a bearish correction to start till around 1500 - 1550 support / demand.
Which scenario do you think is more likely to happen first? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
LDOUSD Bearish Shark: Likely to Crash Down With EthereumLDO is at the PCZ of a Bearish Shark at the sametime ETH is at the PCZ of Bearish Bat and Both a reacting negatively to the PCZ and showing Bearish Divergence, ETH is also the most bearish looking coin on the market as can be seen in the related Ideas tab below. I think that ETH and LDO will be losing most of their value very soon while the rest of the non DeFi Centralized coins like BTC and Doge, and LTC will only take a minor hit by comparison.
Here's What I see for Bitcoin and CryptoTraders/Investors,
Everything is playing out as expected. This is good news, however, we must always proceed carefully, cautiously, and with good trade strategy. Previously, I indicated what indicators we are waiting for to enter/re-enter this latest bull move. Those indicators have occurred. Now, we must look at what could be next.
Stew