ETH possible distribution?Hello my beauties.
Ethereum seems to have entered a range, and I'll be monitoring price action to see if the distribution Wyckoff schematics will provide us with the events that would confirm a short entry.
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Luca, TrickleDownFX
Tradesetup
Possible BTC distribution?Hello my beauties.
There are signs that BTC might retrace hard after a sudden sign that the prices are getting weaker in proximity of the fresh ATH.
I believe that BTC could be entering a phase of distribution, though I am currently long until 67000. I will wait for confirmation of weakness and successively evaluate an entry in the areas evidenced in red.
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Luca, TrickleDownFX
Ach updatedAch is a great project. Very quiet but, great project.
The live Alchemy Pay price today is $0.062991 USD with a 24-hour trading volume of $101,321,011 USD. We update our ACH to USD price in real-time. Alchemy Pay is up 20.99% in the last 24 hours. The current CoinMarketCap ranking is #280, with a live market cap of $213,352,513 USD. It has a circulating supply of 3,387,025,441 ACH coins and a max. supply of 10,000,000,000 ACH coins.
If you would like to know where to buy Alchemy Pay, the top exchanges for trading in Alchemy Pay are currently Huobi Global, Coinbase Exchange, HitBTC, ZT, and Gate.io. You can find others listed on our crypto exchanges page.
What is Alchemy Pay?
Alchemy Pay is the pioneer of the world's first payment gateway solution to bridge the gap between fiat and crypto economies. In addition to crypto payments, Alchemy Pay enables seamless and easy access to crypto investment, blockchain solutions, and DeFi services configured as required to serve sophisticated veterans as well as those new to cryptocurrencies and blockchain technology.
Founded in 2018, Alchemy grew from a practical base of merchant networks, including Hong Kong’s biggest furnishing company, Pricerite, Singapore’s Cé La Vi, Canadian footwear brand Aldo, software technology firm Arcadier, and Midwest Global Asia taxi services. As Alchemy Pay steadily grew, its partnerships with Binance and QFPay increased its end-user and merchant touch-points to millions, including customers of e-commerce giant Shopify.
What is ACH?
Alchemy Pay’s ERC-20 token, ACH, is used to incentivize the participation of all key roles in the Alchemy Pay crypto-fiat hybrid ecosystem. ACH tokens can be pledged, rewarded, accumulated, and paid as fees--plus confer voting rights in token governance or community scenarios.
What makes Alchemy Pay unique?
Alchemy Pay was founded by a team of fiat payment gateway veterans from Singapore and China. They also shared a deep interest in the emerging crypto industry, and a vision to build a practical bridge between fiat and crypto. The Alchemy Pay system enables participants in both fiat and crypto ecosystems to achieve fast, secure, convenient, flexible and scalable global payment solutions, based on the decentralized smart contracts, second-layer scaling solutions, on-chain analytics and consensus mechanisms of blockchain technology. The Alchemy Pay ecosystem offers transactions with multiple cryptocurrencies, cross-chain payments, peer-to-peer payments, combined payments, conditional payments, escrow payments, and more--including fiat options for each. While some high-profile agendas view fiat currency in an entirely negative light, Alchemy Pay has chosen instead to build an interface--bridging rather than leaving the fiat world behind.
How Many Alchemy Pay (ACH) tokens are there in circulation?
The ACH token maximum supply is 10B. Circulating supply derives from initial allocations of 62% for utility and 38% for stakeholders. Within these broad categories there are locked and unlocked segments related to enterprise transaction rewards, consumer transaction rewards, DeFi transaction rewards, transaction mobility, enterprise partners, and incentives for the team, backers, and advisors.
Where can I buy the Alchemy Pay token (ACH)?
ACH may be purchased on cryptocurrency exchanges such as Coinbase, Huobi, Gate.io, Sushiswap, and Unisawp. It can be traded against fiat currencies such as the U.S. dollar, cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH), and stablecoins such as Tether (USDT). The ACH token can be bought and sold on both spot and derivatives markets.
Have a green week!
XRP Sell the downtrend.Ripple - Intraday - We look to Sell at 1.109 (stop at 1.133)
Trading within a Bearish Channel formation.
Trend line resistance is located at 1.110.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Our profit targets will be 1.038 and 1.018
Resistance: 1.100 / 1.150 / 1.200
Support: 1.050 / 1.000 / 0.960
ATA 388% gain potential!!!ATA Price Live Data
The live Automata Network price today is $1.10 USD with a 24-hour trading volume of $26,826,536 USD. We update our ATA to USD price in real-time. Automata Network is up 4.91% in the last 24 hours. The current CoinMarketCap ranking is #306, with a live market cap of $190,237,331 USD. It has a circulating supply of 172,252,000 ATA coins and the max. supply is not available.
If you would like to know where to buy Automata Network, the top exchanges for trading in Automata Network are currently Binance, Mandala Exchange, ZT, Gate.io, and AOFEX. You can find others listed on our crypto exchanges page.
To find out even more about this project, check out our deep dive of Automata Network.
What Is Automata (ATA)?
Automata is a high-performance compute protocol that empowers Web 3.0 applications and businesses with privacy-first, high assurance, and friction-less transactions. Its mission is to provide the functionalities and infrastructure necessary to realize the vision of a seamless Web 3.0 experience. It tackles the lack of transparency in data ownership, censorship, and intrusion into personal privacy.
Automata’s products include:
Privacy-first cross-chain service plane: Automata offers privacy services for various blockchains that let users control their data.
Shielded and unbiased compute plane:the degree of privacy of computation in Automata can be stronger than in centralized web services like AWS.
Elastic and scalable control plane: it is operated by a group of staking nodes and governs interactions between participants of the protocol.
Ledger plane: Automata provides interfaces for multiple blockchains to exchange data and cooperate on the agreed set of data in an atomic and privacy-preserving manner.
Who Are the Founders of Automata?
Automata was founded in 2019 by a team of blockchain developers and researchers, including previous founding members of Ziliqa. Co-founder Zheng Leong Chua holds a PhD in computer science from the National University of Singapore, while the other co-founder Deli Gong previously worked at Ziliqa as infrastructure lead. In total, the team numbers 11 people and has been a recipient of Web3 Grant (2020), a participant of the Web 3.0 Bootcamp (2020), Berkeley Blockchain Xcelerator (2021), and Polkadot Decoded Mainstage speaker (2021). The team’s investors include illustrious names like KR1, Alameda Research, founded by FTX CEO Sam Bankman-Fried, IOSG Ventures, Divergence Capital, Genesis Block Ventures and Jump Trading.
What Makes Automata Unique?
Automata Network aims to be recognized as the go-to privacy service for DeFi and Web3 with its proposition of privacy middleware. It aims to fill a gap in the market by providing privacy-focused solutions that integrate with existing blockchain infrastructure in an intuitive, seamless manner. Its applications are built for Web3 purposes and include anonymous voting, miner extractable value (MEV) minimization, and do-not-track indexing. These allow users to transact safely, regain control of their identity, and offer better building blocks to developers with open-source code and APIs.
Its anonymous voting service is called Witness and offers low-cost, off-chain voting, on-chain execution based on the results and different levels of privacy, ranging from private to public, based on the protocol’s requirements. The solution supports Ethereum, Binance Smart Chain, and other Substrate-based EVM-compatible chains. Each of these functions can be used as standalone or together, e.g., if a project wants to use Witness as a signaling tool without on-chain execution.
Conveyor is Automata’s MEV minimization solution that is chain-agnostic and works seamlessly with DEXes like Uniswap. It ingests and outputs transactions in a determined order, thereby creating a front-running-free zone that removes the chaos of transaction reordering. Features include gasless trading, anti-front running, privacy on ordering, and integration with other DEXes.
Related Pages:
Check out Monero (XMR) — a privacy-focused cryptocurrency.
Check out ZCash — another cryptocurrency with a specific focus on privacy.
Learn about privacy-focused cryptocurrencies in our guide to privacy coins..
Learn more about Automata in our deep dive about ATA.
Get the latest crypto news and latest trading insights with the CoinMarketCap blog.
How Many Automata (ATA) Coins Are There in Circulation?
ATA is a BEP-20 and ERC-20 token with a total supply of 1 billion and a current circulating supply of 172 million. As the native utility token of the Automata Network, it has several use cases:
Governance: ATA token holders can create and vote on proposals, platform features and network parameters.
Mining rewards: Compute and storage miners earn ATA tokens by running applications and executing transactions for users on the network
Protocol fees: Users pay miners for storage and computation tasks
Geode allocation: Users can bond ATA tokens to participate in Geode auctions
How Is the Automata Network Secured?
ATA is BEP-20 and ERC-20 on the Binance Smart Chain.
ERC-20 is a token standard most new tokens follow when publishing on the Ethereum blockchain. Ethereum is secured by a proof-of-work consensus mechanism that requires miners to mine new Ether. A set of decentralized nodes validates transactions and secures the Ethereum blockchain.
BSC is secured through the proof-of-stake consensus mechanism. 21 validators are elected every 24 hours to validate transactions and maintain blockchain security. These validators have to stake a certain amount of BNB coins with Binance to be eligible to do so.
When Will Automata Trading Begin?
Automata raised $2.4 million in funding from the Binance Launchpool in June 2021. Before that, it closed a seed round in March 2021 with $1 million in funding.
Where Can You Buy Automata (ATA)?
ATA is available on Binance, PancakeswapV2 and Gate.io.
EURCHF Sell a break.EURCHF - Intraday - We look to Sell a break of 1.0657 (stop at 1.0671)
There is no clear indication that the downward move is coming to an end.
Daily signals are bearish.
Daily pivot is at 1.0660.
The previous swing low is located at 1.0658.
A break of yesterdays low would confirm bearish momentum.
Our profit targets will be 1.0618 and 1.0608
Resistance: 1.0680 / 1.0690 / 1.0700
Support: 1.0670 / 1.0660 / 1.0650
DE40 Buy a break setup.GER40 - Intraday - We look to Buy at 15522 (stop at 15454)
Daily signals are mildly bullish.
Dips continue to attract buyers.
Short term bias has turned positive.
20 4hour EMA is at 15520.
We look to buy dips.
Our profit targets will be 15709 and 15729
Resistance: 15600 / 15650 / 15700
Support: 15550 / 15500 / 15450
GBPJPY Sell a break setup,GBPJPY - Intraday - We look to Sell a break of 154.39 (stop at 154.68)
We are trading at overbought extremes.
A higher correction is expected.
Trend line support is located at 154.60.
A break of 154.40 is needed to confirm follow through negative momentum.
Our profit targets will be 153.56 and 153.36
Resistance: 155.30 / 155.50 / 155.80
Support: 154.80 / 154.50 / 154.00
DE40 Sell a break.GER40 - Intraday - We look to Sell a break of 15398 (stop at 15461)
Trend line resistance is located at 15530.
Offers ample risk/reward to sell at the market.
Daily signals are bearish.
Bearish divergence is expected to cap gains.
A higher correction is expected.
Our profit targets will be 15224 and 15204
Resistance: 15530 / 15600 / 15650
Support: 15500 / 15400 / 15300
EURNZD Sell the break setup.EURNZD - Intraday - We look to Sell a break of 1.6319 (stop at 1.6351)
We are trading at oversold extremes.
A break of yesterdays low would confirm bearish momentum.
Daily pivot is at 1.6320.
There is no clear indication that the downward move is coming to an end.
Our profit targets will be 1.6231 and 1.6211
Resistance: 1.6370 / 1.6400 / 1.6440
Support: 1.6330 / 1.6300 / 1.6270
GBPJPY Sell the downtrend.GBPJPY - Intraday - We look to Sell at 157.95 (stop at 158.23)
Daily signals for sentiment are at overbought extremes.
Although the bulls are in control, the stalling positive momentum indicates a possible turnaround is possible.
A higher correction is expected.
Trend line resistance is located at 158.00.
We look for a temporary move higher.
Our profit targets will be 157.11 and 156.91
Resistance: 157.70 / 158.20 / 158.50
Support: 157.40 / 157.00 / 156.80
DXY reaccumulation! Short term long!Hello my beauties.
It looks like DXY is forming a reaccumulation on a 4hr chart. I will wait for the price to retest the spring and if the test is successful, I will expect the price of the dollar index to jump above the trading range to provide us with a new multi-month high above the trading range.
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Luca, TrickleDownFX
USDCHF Buy the support.USDCHF - Intraday - We look to Buy at 0.9224 (stop at 0.9209)
Pivot support is at 0.9230.
Bespoke support is located at 0.9220.
Daily signals are mildly bullish.
We look to buy dips.
Dips continue to attract buyers.
Our profit targets will be 0.9269 and 0.9279
Resistance: 0.9250 / 0.9260 / 0.9280
Support: 0.9240 / 0.9220 / 0.9200
Example of WTI Crude Oil 15 mins Wyckoff distribution!Hello my beauties.
For educational purposes, I wanted to publish yesterday's price action on USOIL, as a 15 mins Wyckoff distribution played out perfectly.
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Luca, TrickleDownFX
Suncor - an ideal candidate for Day TradingThe upward price pressure from the commodity versus the negative sentiment for the company make this a great candidate for day trading. As the gap grows between Suncor and its peers there are bigger opportunities to win on the overnight and morning dip/ afternoon dump.
BTC SHORT TO 52K AREAThis is my new short setup, had to exit from last setup because price action seemed like it could go up more at that moment.
We had a bounce from 50 MA but on 4h but I do not think this correction is done yet. Because, we need to go at least 52K to achieve 0.618 level. Then, we can complete second wave and start third wave upwards. With just 0.786 bounce and up from here will not work in my opinion.
I can be wrong, but this needs to correct more even if it goes a little higher.
GBP/CHF Accumulation Schematics!Hello my beauties.
I think GBP/CHF is on its way to complete an accumulation, which will lead the prices up strongly. I would buy on a successful retest of the trading range in red, after it has been breached.
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Luca, TrickleDownFX
CORN ACCUMULATION AFTER DISTRIBUTION!Hello my beauties.
I think the price of Corn is on its way to complete an accumulation phase. If the price breaches above the red trading range and successfully retests, I will enter a long position before the markup.
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Luca, TrickleDownFX
BTC DISTRIBUTION ACCUMULATION! Previous analysis was right.Hello my beauties.
I'm going to put my previous analysis in description, where I suggested a buy signal around 40k. What I would like to say is that it really isn't a good idea to go short on BTC at the moment, and that given the momentum it will most probably create a new ATH (all time high). I want to add that the price seems to be stopping around the previously defined trading ranges (red horizontal lines) and getting reactions from them, like stop hunting or sudden inversions to create liquidity.
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Peace.
Luca, TrickleDownFX