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Xchusdt

Chia > $900 - $1,900🌱 (CHIA/USDT) (July 4, 2024) (#Chia #Spot) Chia is a promising cryptocurrency that I've been following for a long time, focusing on mining using hard drives. Do you remember the days of GPU mining? There was clearly collusion with Nvidia and AMD, which caused stock prices to rise, as well as Ethereum itself :). Here, the situation is similar, involving major companies like Seagate and Western Digital that produce hard drives. Why set price targets at $1000-$3000? Because there will come a time when people will be buying hard drives in stores for mining, and the payback period for the Chia coin will be 3 months. That will be the time to lock in positions. Additionally, Chia will survive crypto regulation, and they plan to go public with an IPO. Chia (CHIA) — Chia is a company that has developed a blockchain and cryptocurrency platform called Chia Network. It is an alternative to Bitcoin and other cryptocurrencies, but with a focus on energy efficiency and sustainable mining practices. ▫️ Chia can be obtained through farming, which involves using storage space instead of computational power to secure the network. Additionally, Chia has a strong community of users and has gained recognition in the academic field through various papers and presentations. 🕵️ Investors (Tier 1,2): a16z (Andreessen Horowitz, IDEO CoLab Ventures, DCM Ventures, Naval Ravikant, Slow Ventures, Greylock Partners. dropstab.com cryptorank.io 🟢 Entry price: $22.15 🟢 Take Profit 1: $900 (50%) 🟢 Take Profit 2: $1900 (50%) Chart: • Spot Market without leverage. • Trade risk set at 20% of the deposit.
Long
by UnknownUnicorn285026
5
XCH Main trend. 05/08/2024Logarithm. Time frame 1 week (no less is needed). One of the lagging cryptocurrencies. The reason is that the crowd was previously imprisoned thanks to PR by bloggers. Little by little, “faith is being killed.” It is worth paying attention to cryptocurrency, but without fanaticism, observing risk management. 🟡 Secondary trend — the price is still in the range of the accumulation channel, just over 100% of the main set zone. 🟣 Local trend —downward channel. There is a pullback from the channel resistance. Its reversal levels are indicated in yellow. It is also important to break through the resistance of the local downward channel. 📊 Volatility range of trend development now — horizontal channel range levels + fan (partial reference). 📊 After exiting the horizontal channel range (conditional set) — the main focus is on dynamic fan support and resistance zones + partially resistance levels. This is what it looks like on linear.
Long
by SpartaBTC
1
XCH /USDT (Chia) Main trend. Horizontal channel 11.6 monthsLogarithm. Time frame 1 week. Main trend. Maximums trend. False targets. KuCoin exchange chart. At the peak of pumping, under the bull market hype price was HKEX:1600 (OKX exchange, where there is also a significant volume of trades). This price should not be considered in TA because it was made (more than 2000$) at listing and with super low liquidity. Resistance levels (target sell zones) are marked in different colors for clarity. Remember, the less you set targets in the trading tools (coins), the more you earn at a distance in the market. The horizontal channel zone (accumulation of almost 1 year). At the moment of publication, the price has been moving for 350 days (11.6 months) in the parallel horizontal accumulation channel with the step of 108.4%. This is a good sign. The price is now in a squeeze (the average price of this accumulation). This is what the trend looks like on the line chart. Stop Loss Zone. Rationality of the strategy. I would like to emphasize that the stop loss under the support of this accumulation has not been knocked out (reset) at this point. This is not a mandatory action, but it is common. Just keep it in mind and consider it a conditional temporary risk, so to speak. To minimize this contingent risk, use a stop loss or, more rationally, work at an average buy/sell price. Let me remind you again that the price is now clamped with orders on the exchange (it has been there conventionally for 6 weeks) and this is the average price of this parallel channel. I deliberately showed the percentage values of the main support/resistance zones in case of the price compression (6 weeks in a very narrow range) on the chart for orientation and understanding of the logic of work. Secondary trend Time frame 3 days XCH /USDT (Chia) Secondary trend. Channel.
Long
by SpartaBTC
36
XCH /USDT (Chia) Secondary trend. Channel.Logarithm. Timeframe 3 days Secondary trend. Zone of the horizontal channel. Zone of the horizontal channel (accumulation of almost 1 year). At the moment of publication the price has moved in the parallel horizontal channel of accumulation for 350 days (11.6 months) with the step of 108.4%. This is a good sign. Now the price is in the compression zone (the average price of this accumulation). This is what this horizontal channel zone looks like on the line chart. Stop Loss Zone. Rationality of the strategy . I would like to emphasize that the stop loss under the support of this accumulation has not been knocked out (reset) at this point. This is not a mandatory action, but it is common. Just keep it in mind and consider it a conditional temporary risk, so to speak. To minimize this contingent risk, use a stop loss or, more rationally, work at an average buy/sell price. Let me remind you again that the price is now clamped with orders on the exchange (it has been there conventionally for 6 weeks) and this is the average price of this parallel channel. I deliberately showed the percentage values of the main support/resistance zones in case of the price compression (6 weeks in a very narrow range) on the chart for orientation and understanding of the logic of work. Main Trend 3 day time frame. XCH /USDT (Chia) Main Trend. Horizontal channel 11.6M
by SpartaBTC
39
XCH/USDT Ready for a Bullish Reversal? 🚀👀XCH Analysis💎Paradisers, focus on #XCHUSDT! We’re expecting a price jump from the bottom of the ascending channel to the upper line. 💎What’s up with $ChiaNetwork? It’s moving within an ascending channel. Right now, it’s more likely to visit the support level the $34.09. The low volume and profit taking by users increases the probability of this scenario. We are confident that this support will hold and asset will rally towards the upper line of the channel. 💎What if #XCH price drops? If it falls below $34.09, we might see it go down to $28.81 before it starts to climb again. If it doesn’t start going up from there, the price could drop even more. 💎Paradisers, stay sharp. It’s important to watch the market closely and be ready to change our plans quickly as the price of #XCH changes.
Long
by MyCryptoParadise_Simon
1
Chia XCH - stable crypto investments for a decade (10years)We are already completing a three year cycle, bitcoin has a four year cycle CHIA 3 years, this is the period during which we have seen long term accumulation. This asset can be your long-term investment. Perhaps it will replace bitcoin, it is green, used by the World Bank, Carbon Markets, etc. At the moment, you can see the hype of Chia mining in the world, come on - it's not hype, it's just dust, you'll see how it will be when chia reaches its real price.
Long
by emilio_lucky
XCH looking good in this rangeAfter the price drops massively the first year after trading started from the low volume ~1k USD per XCH during feature trading and a peak up above 2k USD the price now is in a range between ~30 USD and ~50 USD. The network space slowly started to grow ~10% since january 2023 and can be considered stable since july 2022. The node count is ~115k (ETH ~7k, BTC ~17k). The inflation is still high with ~9k XCH per day, 1st halving is ~ Q1 2024. Meanwhile the circulating supply reaches 25% of the total supply, 75% is hold by the Chia Company. The company announced a few days ago to have submited the registration to the U.S. SEC. In my opinion that is a positive sign but it should also not be overrated at this point. They still need to build valueable partnerships and the global market may dip again. ETH could build up sell pressure or other bad news can shock that market again. On the other side people could buy crypto because they think it is worth more in the future than keeping their fiat. I also still expect the tech market to dip again and maybe the financial market too. I just hope that china does not do the russian a**h*** move and invades it's neighbors too. Climate crises also can have a bigger impact on the markets the next years than many expect. I am still surprised that people think that buying a Tesla or "green" fuel does save us from destroing our own environment we need to live in. I just hope for a bullrun or two before the people wake up. ;-) But who knows what happens next, pls tell me. ;-) As always, no financial advice.
by Just4FunTrader
XCHUSD: breaking resistanceWhat Is Chia Network (XCH)? Chia Network (XCH) is a layer 1 blockchain that uses its own custom-designed programming language called Chialisp and a novel consensus mechanism called proof-of-space-and-time (PoST). The combination of these two allows the blockchain to use less energy without compromising network security. In contrast to most other blockchains, Chia Network is a public, for-profit, open source company that aspires to become listed on NYSE or NASDAQ. Its blockchain is aimed at enterprise use, which is why Chia Network plans to have XCH on its balance sheet in case of a listing. Chia Network’s first proof-of-time function was released in 2019, with the first beta version of its blockchain launching in 2020. Chia Network achieved full functionality, including wallet functionality, transactions and smart contracts, with its mainnet launch in 2021. Who Are the Founders of Chia Network? Chia Network (XCH) was established in Delaware in 2017 by Bram Cohen, the founder of the popular peer-to-peer file sharing platform BitTorrent. The project is headed by an experienced senior management team, including former NASDAQ CEO Gene Hoffman as chief operating officer (COO) and former Overstock.com CEO Mitch Edwards as chief financial officer (CFO). Chia Network is also backed by an illustrious list of cryptocurrency-focused venture capitalists. It raised $61 million in funding in May 2021 with the participation of leading VCs that included Andreessen Horowitz, Slow Ventures, Naval Ravikant, Galaxy Digital and others. What Makes Chia Network Unique? Chia Network (XCH) improves upon proof-of-stake (PoS) and proof-of-work (PoW) by using a less electricity-intensive consensus mechanism. The network achieves Nakamoto consensus by combining proof-of-space (PoS) with proof-of-time, (PoT) which both function in distinct manners. Proof-of-space requires miners to keep unused storage on their hard disk drives. In this scenario, miners install special software that allocates free space, which is then used to solve a challenge – similar to puzzle-solving in proof-of-work (PoW). The software stores a collection of cryptographic numbers on the miner's disk and, upon block creation, a challenge number from the previous block is taken. Miners scan their numbers to check if they have a number close to the challenge number that is required. On the other hand, proof-of-time demonstrates the passage of time through Verifiable Delay Functions, in a way that is similar to the Solana (SOL) blockchain. The Timelords – nodes that document time – ensure that time is correctly documented for solving the proof-of-space functions. In addition, Chia Network has its own programming language called Chialisp. This is an on-chain programming language that is smart contract-compatible and takes most important components of Ethereum (ETH), Solidity, and Bitcoin Core but keeps Bitcoin's UTXO model. Doing so allows for simultaneous transactions instead of sequential, making Chia Network a faster and more energy-efficient blockchain compared to its rivals.
Long
by sequentialvzion
XCHUSDT - 10x opportunityOn the weekly chart above: 1) RSI has been heavily oversold for quite some time. 2) Bullish divergence as drawn, RSI forming descending wedge. 3) Price has declined over 90% from ATH. Also the 3D BTC pair below breaks out of resistance quite decisively and prints a bullish engulfing candle (Also BE candle printed on 1W BTC pair. Wow!) Initial targets 41-54 USDT (1.5-1.95x) as marked by fib retracement Timeframe: Weeks Leverage: 3x at most for me (although with these signals printing the probability of more downside is very slim) Hasta luego
Long
by unknownpower
XCH accumulation zones and targets HUOBI:XCHUSDT Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it. Thank you. Possible Targets ➡️Almost 1 year trades in downtrend. ➡️Since June 2021 under 0 lvl by FIB ➡️-0.18 lvl and -0.27 lvl usually works like accumulation zones for long term investments. ➡️ Mood on market in disbelief zone ➡️ On indicator you see green zones where big players buying CHIA ➡️ Fundamental price where will be the best time to buy around 38-40$ per XCH if BTC will drop to 30K once again ➡️ IF not and from current correction BTC going to new ATH, everything under -0.18 lvl by fib on XCH is good enter point now Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! Disclaimer: Please be aware of the risks involved in trading. This video was made for educational purposes only not for financial Investment Purposes. Don't forget sub and join my channels under this idea!
by Crypto4light
7
Chia Network, set for a price explosion???Chia network has seen quite the drop in price by 97% since its launch. We have a few things going on here: On the bearish: 1) Price is trading below the ema ribbon, and even then the spread of the ribbon is not offering a whole lot of resistance but it is there. 2) The red ichimoku cloud spans around 80% above our current price action. XCH will have to break above this zone to even begin talks of a potential uptrend. That's really about it for the bearish side of things. On the bullish: 1) The rate of the downtrend has slowed significantly 2) Chia's maximum circulating supply is very close to bitcoins. In the 20 million coin range, and chia is only valued at ~$70 as of right now, coupled with an extremely low market cap. 3) We have bullish daily RSI and MACD divergence on not only the USDT pair but the BTC pair as well. Here are the main reasons why I believe Chia will struggle to start an uptrend unless something changes: 1) Since the coin has launched, the market cap has pretty much stayed the same. If coins are slowly introduced into the ecosystem but there are no more buyers than there are sellers, the price is going to go down. Simple supply and demand. 2) The coin is only listed on 3-4 exchanges I believe. This is likely why the market cap has stayed relatively the same since introduction. Since Chia runs off of the Nakaomoto consensus like Bitcoin, the introduction of new coins into the ecosystem will slow down over time becoming "deflationary". If Chia can start to increase its market cap, which will likely happen with more exchange listings, it is very possible to see chia trading back at Ethereum level prices again. Overall I'm more bullish on this coin than bearish. I would not be surprised if the short/medium term price of this coin drops because of what I have outlined above. I would HODL this coin rather than trade it if that makes sense. Remember, this is not financial advice and always do your own analysis/research before making any decisions on the market.
Long
by MarketM8ker
1
$WDC $STX $XCHUSDT CHIAI decided to combine block analysis (the Wyckoff distribution method or "smart money" in the people) with Elliot wave analysis and got the following picture. We are in the plane where wave B is now. Spring 2020 was Shakeout. At the moment, Western Digital (probably $STX Seagate) are ready to accelerate significantly (on the background of the rapid growth of CHIA?) The maximum possible increase in $WDC - up to level 2 (201.98) Take profit on white fibo levels, because the end of the impulse is unknown. This paper is ready to explode at any moment (the entire growth of the current year will go into HDD mining (it hits RAM, SSD, HDD and multi-threaded processors).
NASDAQ:WDCLong
by Logica_Levels