1 Minute View Alameda Research was trusted with 2.7 Billion REEF on March 8th, paying a 20% discount on what was already a fair price, on the grounds that the upcoming project would garner the support of FTX and the Alameda team. On that day, the monthly volume weighted average price was about $0.037035/REEF which means that they had an average position of...
Uniswap Chart Here i.imgur.com PERP just finished retracing and just touched the VWAP on Uniswap. If you haven't yet bought it on Binance, I suggest you get at least one buy in. It's not worth a YOLO just yet, but definitely get your foot in the door. The higher Uniswap price also tells me that the whales are in a long position. If it were lower they would...
Here's a quick run down. California water futures are a thing now as of early last December. Water is quite literally one of the scarcest resources in the entire state and a dwindling natural resource globally. Under normal circumstances, this contract is meant to be for farmers looking to ensure water to their crops but not too long in the future California is...
Roblox originally sold for $45. I am assuming that there are institutional and seasoned investors in this asset. This isn't just being pumped by wallstreetbets. There will be significant resistance at $90 as people begin to sell half of their RBLX holdings to eliminate their risk entirely (removing principle). If things go organically, I see no reason to not pick...
Now that we know that there is interest in BMBL... Consider the following facts: - Bumble launched at $43 - It topped at $84.79 two days later due to mania (+75%) - We are only 11% down from the top ($75.36) - It double bottomed at $70 - Buying volume has dropped significantly - Selling volume is on an uptrend Taking into account all of these factors, BMBL may...
The Key to Success has Been Underneath Your Nose the Entire Time The key detail that every new trader seems to miss is that volume ultimately controls price movements because the presence of adequate volume validates the price movement. If a price movement fails to be validated by adequate volume, then there is going to be an equal an opposite reaction. There...
The Key to Success has Been Underneath Your Nose the Entire Time The key detail that every new trader seems to miss is that volume ultimately controls price movements because the presence of adequate volume validates the price movement. If a price movement fails to be validated by adequate volume , then there is going to be an equal an opposite reaction. There...
The Key to Success has Been Underneath Your Nose the Entire Time The key detail that every new trader seems to miss is that volume ultimately controls price movements because the presence of adequate volume validates the price movement. If a price movement fails to be validated by adequate volume , then there is going to be an equal an opposite reaction. There...
Let us keep in mind the following facts: - All-time High on Binance: $0.078886 USDT/RSR - All-time Low on Binance: $0.009157 USDT/RSR - RSR is way oversold and is below the monthly VWAP I'm predicting the best entry for RSR in a long position to be the following, given that $0.044022 was breached more than once: - $0.036561 - $0.035793 - $0.030704 If $0.026590...
When trying to speculate on futures, it's best to remember that there is previous data to refer to and this is not a blank slate. Let us keep in mind the following facts: - All-time High on Binance: $0.30000 USDT/REEF - All-time Low on Binance: $0.00125 USDT/REEF When Binance launched REEF futures, it had just landed in the golden bounce zone just above...
DOGE is currently in low orbit. Notable resistances can be found at every penny increment and prices will be stuck in these ranges on its way up until it goes down at about 6 to 8 cents. Yes, DOGE can be mined at an insane rate with no supply cap and has low intrinsic value due to its status as a meme, but there is always some form of ignorant irrationality in...