Tower
CRAZY Play-to-Earn Game (TOWER/USDT Analysis) 📈📉❇️Hello Crypto community Welcome to this introduction for another high potential crypto project.🚀💰
today crypto industry offers us different opportunity to make money in any situation and entertain ourself with ether NFTs or games to make money while markets has some crashes.
so now
🔰What Is TOWER ?
The Tower is the native token of 'crazy defense heros' game . It Experiment is an initiative to blend traditional free-to-play gaming with blockchain technology. It aims to enable play-to-earn for our players, and to drive adoption of blockchain through traditional gaming. The minting of TOWER tokens is the first step to kickstart the experiment.
TOWER will have various utility for the existing Crazy Kings franchise and will pave the way for the upcoming blockchain PC game.
🔹Rank #1136 ,/ kind : ETH TOKEN / Market Cap:$6,135,213===> great ✅👍
Total Supply: 10,000,000,000 tower/// Circulating Supply: 237,619,986.66 TOWER (2%) ====> supper risky ❌📛
Holders Statistics: Top 10 Holders==> 97.85% ===> risky ❌📛
coinmarketcap-crazydefenseheroes.com
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📈📉 TECHNICAL
As you can see on the DAILY timeframe for TOWER/USDT , It is trading about $0.025 right now.
Since 25 NOV ,after recording a new ATH (0.15 $) ,by fall of btc at the same time , it has been declining so far . when the 14ema( red) crossed under 20-day ema (yellow) it started a fall , and recently reacted to local support level and rebounded on time but now is retesting it and can rise again , and if 13ema be able to cross over the 20ema that is a bullish sign for starting a rising and reach resistance zone as same as what bar pattern that shows us . although there is possibility to further fall to lower support level again ,so take care and go long or short position by your strategy confirmation!
🛑resistance level: $0.038 /$0.0564 // $0.48-$0.52 // $ 0.124
❇️support levels: $0.0244/ $0.3 / 0.0153 $ / $ 0.01076 / $0.009
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me ,give a big thumbs 👍 and drop comment 🗯💭
XAU/USD Analysis, Bears VS BullsHello everyone, as we all know the market action discounts everything :)
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The Gold Price is still trying to find stability after a huge drop that started on August 5th and went for 5 days, where the market started to move up and stable to power between the Bears and Bulls.
We could be seeing a Tower Top Candlestick pattern forming which is a reversal pattern.
The yellow metal is down nearly 2% since the start of August, with pressure from the US Dollar that is gaining more power and presenting a strong moving wall for prices.
Scenarios for price movement :
Bearish Scenario :
The Market price is being pushed to the support zone at 1778.49 - 1769.39, The bears got a test for power in August and they don't wanna lose it.
The Bears will test the power of the bulls at that support zone and they are going to try to breakout that zone if that breakout happens then we could be seeing another big drop in the gold price reaching the support line at 1715.770.
Bullish Scenario :
Since the market is on its way to the support zone at 1778.49 - 1769.39, The battle between the bears and bulls will play a big role in the market movement for the next period of time, if the Bulls were able to hold the fort and push the bears back then we will see the market price bouncing back up and hitting the resistance line at 1795.490 If the Bulls kept going strong and broke out that line then the price most likely will be going to 1812.50.
Technical indicators showing :
1) Moving averages overall signal is Bearish. where The market is Bellow the 5 20 50 100 200 MA & 20 50 100 200 EMA, but still remains above the 10 MA and 5 10 EMA.
2) The MACD is Below the Zero line showing that the market is in a Bullish state, with a positive crossover between the MACD line and Signal line.
3) The Stoch is giving us a sell signal, with a negative crossover between %K (66.67) and %D (69.21)
Support & Resistance points :
support Resistance
1) 1778.49 1) 1795.49
2) 1769.39 2) 1803.41
3) 1761.48 3) 1812.50
Fundamental point of view :
Gold continued with its two-way price moves on Wednesday and was influenced by a combination of diverging forces. Worries that the fast-spreading Delta variant of the coronavirus could derail the global economic recovery continued lending some support to the safe-haven commodity. However, resurgent US dollar demand acted as a headwind for the dollar-denominated commodity and capped gains. Following a modest intraday dip, the greenback found some support from a goodish rebound in the US Treasury bond yields.
The USD buying picked up pace following the release of FOMC minutes, which indicated that the US central bank could start reducing the pace of bond-buying later this year. The minutes, however, showed that several Fed officials thought that a move to start tapering asset purchases should start next year. Nevertheless, market participants seemed convinced that the Fed is now comfortable to roll back the crisis-era stimulus, which was evident from some follow-through USD strength through the Asian session on Thursday.
This, in turn, was seen as a key factor that dragged the non-yielding yellow metal back closer to weekly lows. That said, persistent COVID-19 jitters held investors from placing any aggressive bearish bets, warranting some caution before confirming that the XAU/USD has topped out in the near term. Traders now look forward to the US economic docket, featuring the release of the Philly Fed Manufacturing Index and the usual Initial Weekly Jobless Claims. The data might influence the USD and provide some impetus to the commodity. According to FXstreet
This is my personal opinion done with technical analysis of the market price and research online from fundamental analysts for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
Tower line hereIt's just a very simply version.
Color even not very correct. I didn't write the price expand or other condition.
It's welcome if other guys want to write a full version.
If this kind chart is not from western.
Then I think it's qianlong platform's indicator. (QianLong means Money Dragon)
If you know the origin of tower line pelease comment to tell me. :3
Need help about tower lineU1 & D1 is for 2 bar break.
main stick is always drwan by close & close
If price is not u1 && d1
We use these rule.
If price after u1 then stop to break we still color it blue but make it flat top.
draw close & close
If price after d1 and stopped break we color it orange.
But the important thing is the color fill thing.
We need to adjust the color and fill some gap.
In figure A1.
The last box is lower than previous. We just color the price range which is lower than previous box to opposite color. e.g orange.
All box is red and last is with blue & orange color. (the price higher than the lower edge of previous box is still blue color)
Another annoy thing is when price up then stop then up then stop.
Which is the up move but with a flat box besides them.
Ahhhhhh it just makes me crazy!!! Maybe I'm too bad to write chart. >:3
i.imgur.com
Detail about tower line.Previous I'v already writed something about it.
I'v updated the detail in comment. In case you guys might not read it. I'm writing this new article
Draw rule
2bar's range break
U1=close>=close and close>=close ? 1 : 0
D1=close<=close and close<=close ? 1 : 0
Draw them with the color you like.
U1->D1 or d1->u1 1st break. Fill the lower gap under the break to make them looks flat.
All these within move which is not belong to break move. Draw them as flat box. just use previous box's price and current close. (This rule is onle suitable for 1st flat box.Next 2nd flat box or more flat box need another rule)
(You must understand that after 1st flat box the 2bar range is narrowed. So it's not likely price will stay flat forever)
If 3rd bar or even 4 or more bar still don't make 2bar range move. Just use current close with another price which is when price first stop break. So it looks all flat. But another side of box is narrower.
Another version called ghost line which maintaince same colorchange with previous bar.
And I'm not faimlar with it.
The graph
imgur.com
Have you heard about tower line?It's something about two close price reverse.
It draw within bar.
Rule is within previous bar but higher than previous second bar.(In upmove)
Or within previous bar but lower than second previous bar.(In downtrend)
The within move is all flat.
All within bar's price is same when price first stop move.
Chart looks like this.
The interesting thing is that when price break the within move or just reverse.
It draw two colow on one candlestick line.(It's exactly two small candle body together)
i.imgur.com
This chart is just similar. Not very correct.
And I don't know where this "tower chart" come from.
Such a mysterious thing.
Bitcoin's GUNNA MOTHER HUGGING EXPLODE.I have been feeling bullish for a while now, and there are a lot of false signals out there, but after bitcoin cash popped, I felt something was different. So, I have been on the bear train for a while now, and I have been saying I'm pretty bullish a person, so here is my bullish take on bitcoin right now. Because this is going to be a change in market direction, I will do my best to support my argument. Anyone is also welcome to shoot me down, I would appreciate counter claims.
Crypto Space Summary: Currently, there are a lot of daily divergences in the crypto space, I do believe that coins/tokens/etc, will be popping off at different times in the market, so its possible to make a lot of compound gains. Keep an eye out for good set-ups.
You can see there are a similar pattern in the April price jump. The similarity is more apparent when you compare against the 4 hour time frame.
Bitcoin Analysis:
So we all know that bitcoin likes to put on a show, and I think that's what we might get here. I am about 60% bullish and 40% bearish at the moment, and I am only bearish because its still possible that bitcoin breaks out in a downwards direction and I am pulling this pattern out of my ass.
Main Points:
1.) First, I would like to mention that the RSI, is showing a symmetrical triangle, so it is possible that bitcoin moves in either direction. In addition, I would like to mention that the lower bound is trending higher (that's half of what makes it a symmetrical triangle by definition) however, the price of bitcoin more or less is at roughly the same spot, other than a small arch, so although this is not technically a bullish divergence, I think that there is something odd happening with the price in relation to the RSI. In essence what I am saying is that the RSI is forming a symmetrical triangle, and the charts are forming a type of descending triangle with virtually the same low, this means that the top of the triangle on the RSI is providing resistance, so, I suspect we will break it. Looking at the weekly RSI, there are several failure swings, because of how the RSI is calculated using the closing price, as opposed to the lowest points. Because the closing price is lower on each weekly bottom, but the RSI move slightly higher. I know its really small, but its there.
2.) This triangle has weird mix between a flat bottom, and a rounded one. On the weekly, the bottom of the real bodies have more a flat bottom; however, on the daily, the real bodies form a flatter bottom towards the center of the arch and then it begins to slowly trend upwards. While at the right end (currently) it looks like a type of tower bottom, in which candle sticks at the lower price point are declining in size emphasizing a possible shift in market dominance and the selling is weakening, so it appears that there could be a large spike.
3.) This could be a type of double bottom, known as an eve and eve double bottom, in which both bottoms are slightly rounded, and the second bottom has less volume than the first one. IF this is the case as well, then the analysis would be similar and the price objective of both of them would be around 8000 and if it does break upwards, then I see 10000 as a strong possibility.
Trade Smart, Hedge Risk, and Make some money you guys!
IF it doesn't break the trendline, my previous bearish analysis still holds, and we are in a prolongs bear flag: