COIN breaking multi-month supportNASDAQ:COIN gapped down this morning below its all time and multi-month support level. This is negative for the stock up until it can recapture the $210 support level. We are looking for continued downside pressure, especially as the crypto markets continue their risk-off mode. At this point in time, none of the momentum indicators are showing signs of a slow down, so our bias is to the downside here. Entered on the open today. Stop is placed right above today's highs.
Coin
Coin - Support Break in 3DBTC, as a proxy to Coin, is approaching the 2h LBB after rejecting the neckline of the Daily H&S. The 2h pennant confirmed and was promptly rejected, convergent with two morning wicks off the 2h UBB. The major market sell-off continues to see declines in high multiple stocks, setting up covering plays in the future.
Coinbase: Time for a Move Higher? Coinbase - Short Term - We look to Buy at 224.00 (stop at 213.00)
Previous support located at 225.00. Posted a Bullish Hammer Bottom on the Daily chart. We look for a temporary move higher. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Risk/reward is ample to call a buy trade.
Our profit targets will be 252.00 and 274.00
Resistance: 250.00 / 275.00 / 300.00
Support: 225.00 / 210.00 / 200.00
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Coinbase looks temptingCOIN is down 37% since its high in November and appears to be in a clear Falling Wedge pattern. We've also entered my Buy Zone and we're seeing Tier 1 Seller Exhaustion. This is a prime value play for me and I'm interested in starting to average into a long position here... However, I'm waiting to see bullish divergence on the Daily chart before I go more heavily long.
Possible Bitcoin bottom?Hey Trader,
please see my current idea on BTC, where my count suggests a possible reversal of the bearish trend. This is due to the fact, that our wave C has finally managed to tab our first target of the 0.618 extension which is correlated to wave a.
The 0.618 target is a common target in a flat correction. A flat correction is characterized by a new high of wave B, which is the case here. However, we might go a little deeper. I expect that we might see BTC heading somewhere between 40.000 and 30.000 dollars before trend reversal in order to finish our Flat correction - it can but its not a must.
I suggest to start buying dips from here, since we have high chances of BTC reversing soon. The best strategy for this would be the martingale strategy in order to get an average price if its keep dropping. Once its reversing you may end up with big profits.
Keep in mind, this is no financial advice, just my technical expertise.
RT
ROSE (Oasis Network) Coin Analysis 29/05/2021Fundamentals:
Designed for the next generation of blockchain, the Oasis Network is the first privacy-enabled blockchain platform for open finance and a responsible data economy. Combined with its high throughput and secure architecture, the Oasis Network is able to power private, scalable DeFi, revolutionizing Open Finance and expanding it beyond traders and early adopters to a mass market. Its unique privacy features can not only redefine DeFi, but also create a new type of digital asset called Tokenized Data that can enable users to take control of the data they generate and earn rewards for staking it with applications — creating the first-ever responsible data economy.
Separates consensus and execution into two layers — the Consensus Layer and The ParaTime Layer — for better scalability and increased versatility.
Separation of consensus and execution allows multiple ParaTimes to process transactions in parallel, meaning complex workloads processed on one ParaTime won’t slow down faster, simpler transactions on another.
The ParaTime Layer is decentralized, allowing anyone to develop and build their own ParaTime. Each ParaTime can be developed in isolation to meet the needs of a specific application, such as confidential compute, open or closed committees, and more.
The network’s sophisticated discrepancy detection makes Oasis more efficient than sharding and parachains — requiring a smaller replication factor for the same level of security.
The network has broad support for confidential computing technology. The Oasis Eth/WASI Runtime is an open source example of a confidential ParaTime that uses secure enclaves to keep data private while being processed.
Privacy-Enabled Blockchain: The Oasis Network claims to the world’s first scalable, privacy-enabled blockchain. ParaTimes on the Oasis Network can leverage confidential computing technology such as secure enclaves to keep data confidential — unlocking new use cases and applications for blockchain.
Scalable, Private DeFi: The Oasis Network’s privacy-first design can expand DeFi beyond traders and early adopters — unlocking a new mainstream market. Plus its innovative scalability design brings fast speeds and high-throughput to DeFi transactions.
Enables Data Tokenization: The Oasis Network can Tokenize Data, unlocking game-changing use cases for blockchain, and an ecosystem of apps and projects on the network — powering the next generation of privacy-first applications.
Rapidly Growing Community: The Oasis Network has a thriving community of close to a thousand node operators, developers, enterprise partners, ambassadors, and nearly ten thousand community members engaged in global social channels.
Top-Tier Team: The Oasis Team is made up of talent from around the world with backgrounds from Apple, Google, Amazon, Goldman Sachs, UC Berkeley, Carnegie Mellon, Stanford, Harvard, and more — all committed to growing and expanding the impact of the Oasis Network.
Supply: The ROSE native token is a capped supply token. The circulating supply at launch will be approximately 1.5 billion tokens, and the total cap is fixed at 10 billion tokens.
Token utility: The ROSE token will be used for transaction fees, staking, and delegation at the Consensus Layer.
Staking rewards: ~2.3 billion tokens will be automatically paid out as staking rewards to stakers and delegators for securing the network over time.
The live Oasis Network price today is $0.071249 USD with a 24-hour trading volume of $10,335,217 USD. Oasis Network is down 12.29% in the last 24 hours. The current CoinMarketCap ranking is #297, with a live market cap of $106,873,116 USD. It has a circulating supply of 1,500,000,000 ROSE coins and a max. supply of 10,000,000,000 ROSE coins.
Technical Analysis1:
the coin has completed a Bullish cycle and now is reaccumulating at the lower levels.
we have defined few Targets for its next Impulsive cycle when the coin has done its reaccumulation with Fibonacci Expansion.
COIN Inverted Cup & Handle Pattern Short thesis:
- 4hr inverted cup & handle pattern
- Bearish DMI
- Bearish PSAR
- Bearish Golden Cross on EMAs
- Below VWAP (currently 257.19)
- correlation w/ BTC reshort into 45K and potentially 41K liquidity zones
- 4hr technicals flashing weighted sell signals (oscillators, pivots, moving averages)
Price Target: 230 with potential all time low test
Accumulate #BTC.... long run aheadBITCOIN earlier after taking support on RED TRENDLINE show good upward move . it can show these bull run again ,
SO ITS TIME TO ACCUMULATE coins between $44500 - $39000 on every dip. which can be much profitable in near future.
lets rest the daily candles in this accumalation zone before investing.
.
.
BULL RUN
only for educational purpose
do your own analysis before investing.
Aleph.im Decentralized Database- i am always sneaking around for new "Gems" and that project could be one of them.
- it's a "Filecoin" concurent but multichain, not yet famous. Dyor more about this project : aleph.im
- 500M supplies and 0.4$. Price is still very cheap imho.
- What Is Aleph.im (ALEPH)?
Aleph.im is an open-source crosschain network featuring decentralized database including file storage, computing, and a decentralized identity (DID) framework. Aleph.im’s core mission is to help decentralized apps and protocols strip off the centralized parts of their stack, achieving a fully decentralized architecture. You can think of aleph.im as a decentralized AWS or firebase. Aleph.im is focused on supercharging the DeFi ecosystem.
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Trading Plan
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Option 1 : Buy now if you wanna invest for long term because, i am not even sure that this coin will retrace.
Option 2 : Keep juice for a retrace and buy around 0.25$.
Option 3 : If dip more full buy at 0.15$.
Take Profits : Before 1.2$
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invest wisely and stay safe.
Happy Tr4Ding !
✅TELEGRAM COIN NEXT POTENTIAL PUMP🚀
✅TEN COIN was endorsed by Pavel Durov
The founder and owner of Telegram!
It is said that soon there will be an option to make
Payments on the platform with this crypto currency
Which means that more that 500 million people
Are the potential users of this coin
So unlike other crypto currencies , which mostly have
No real life application and no solid user base
This crypto will instantly benefit from the
Network effect, creating a telegram ecosystem
In my opinion this is HUGE and I have bought
Some coin myself already. I urge you to do your own research
And you need to keep in mind that this bet
Will yield the returns in the next 2-3 years
But then this is the first coin that will have real life value
So I can understand the financial flows that will make its value go up
LONG🚀
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