🦄1INCH- Round 2: C&H early assumptionAfter the last months pump which was a result of both very good setup(see related ideas) and 1inch listing on korean exchange upbit, the price is now back at level of previous highs, which is now going to be tested as support. If buyers manage to defend this level (4.01), we can expect another move to the upside this, or next month. EMA200(4h) is also supporting this area.
Entry: average buy 4.40- 4.10
Targets:
TP1: 4. 01
TP2: 4.41
TP3: 5.18
TP4: 6.30
TP5: 7.55 (~120%)
TP6: OPEN++
---------------------
About 1inch:
The 1inch Network unites decentralized protocols whose synergy enables the most lucrative, fastest, and protected operations in the DeFi space.
The 1inch Network's first protocol is a decentralized exchange (DEX) aggregator solution that searches deals across multiple liquidity sources, offering users better rates than any individual exchange. The 1inch Aggregation Protocol incorporates the Pathfinder algorithm for finding the best paths across over 60+ liquidity sources on Ethereum, 30+ liquidity sources on Binance Smart Chain, 30+ liquidity sources on Polygon, Optimistic Ethereum, and Arbitrum. In just over two years of operation, the 1inch Aggregation Protocol surpassed $80 bln in overall trading volume on the Ethereum network alone.
Source: coinmarketcap
DEX
🍇RAY- defending key levelThe price broke key level (11.74) and is now testing it as support. If buyers manage to defend this level, we can expect more upward pressure soon. Otherwise, we can expect the price to visit one of the previous levels below.
Entry: buy now (current price)
Targets:
TP1: 12.76
TP2: 13.51
TP3: 14.55
TP4: 16.25
TP5: 17.78
-----------------------
About RAY:
Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX). Unlike any other AMMs, Raydium provides on-chain liquidity to a central limit orderbook meaning that funds deposited into Raydium are converted into limit orders which sit on Serum’s orderbooks. This gives Raydium LPs access to all of Serum’s order flow as well as their existing liquidity. RAY is the native utility token used for:
-Staking to earn protocol fees
-Staking to receive IDO allocations
-Governance votes on protocol decisions
Source: coinmarketcap
#VeChain #VET : The Bull Run of Q4 (8X) - Launching DEX (VEX)#VeChain #VET : The Bull Run of Q4 (8X) - Launching DEX (VEX)
Launching DEX (VEX) November 9th
The VeChain ecosystem is expanding at a fast pace. Their first decentralized exchange (DEX) and automated market maker (AMM) called VEX will launch their governance token with the same ticker next week on November 9th, 13:00 UTC.
$UNI/USDT 4h (Binance Futures)Descending triangle break & retestUniswap is up-trending and looking good for another bounce on 50MA support, let's catch next dip!
More information on that DEx (Decentralized Exchange) and DeFi / BSC token on uniswap.org
Current Price= 25.782
Buy Entry = 25.757 - 24.971
Take Profit= 27.834 | 29.419 | 23.381
Stop Loss= 23.381
Risk/Reward= 1:1.25 | 1:2.04 | 1:3.07
Expected Profit= +29.22% | +47.97% | +72.03%
Possible Loss= -22.26%
Fib. Retracement= 0.786 | 0.883 | 1
Margin Leverage= 3x
Estimated Gain-time= 3 weeks
Coin98 C98/USD support and resistance Hello traders, this is my idea on C98/USD for support and resistance on the daily time frame.
We have the Higher Low trend line.
The first line of support at 2.75 USD
The second line of support at 3.40USD, and we see confluence here with the H.L. trendline. If price holds here we should see another attempt to break the first line of resistance.
Rank #221
Volume past24H: $ 75,883,238
thanks
2. What are Exchanges? 🤔😛 <<<Crypto Education>>>In the world of cryptocurrencies there are two types of exchange. CEX and DEX. The graph shows the difference for each one.
What you should know about CEX:
Used to change fiat to crypto and crypto to fiat.
CEXs can block your money without warning for any reason.
The CEX may ask to verify your identity and origin of funds.
Some cannot serve clients depending on their location.
What you should know about DEX:
DEXs are smart contracts that exchanges run.
To use a DEX you need to already have cryptocurrencies in possession since they do not have fiat money input.
Most DEXs trade only with assets from the same chain where they are located. Ex Uniswap is used to exchange ERC-20 Ethereum tokens.
DEX can be used from your software or hardware wallet.
RavenDex unveils proposed DEX for the Cardano ecosystemRavenDex, a Cardano primarily based decentralized change (DEX) that when launched, will permit blockchain members and buyers to offer liquidity on any native Cardano (ADA) token and set up a market pair for others to switch the native tokens even as utilizing the security and occasional expenses of the Cardano blockchain.Ravendex is one of the first decentralized exchanges being constructed for the Cardano blockchain and they have released their front-cease demo on Monday which, while finished, will have a operating answer for the Cardano multiple transactions assignment.This comes days after their oversubscribed private sale round for early adopters that noticed them getting the software token RAVE at the cheapest rate.Ravendex targets to grow to be the leading DEX solution for the cardano surroundings and can be powered by RAVE, that can handiest be attained for now thru contributing to the Ravendex atmosphere as an early investor.Ravendex aims to get on board partners and buff up it’s improvement group with Plutus Pioneer alumni builders.
CAKE BULL RUNhi , our general opinion for cake is long in the longterm (when alt season begin),as you know in fib retracement between 0,786 and 0,618 zone is golden packet it means we should test it one day and our weakly strong support is 30$ and also 0,618 retracement is 30$ so our first target for cake is 30$ , second target is 44$ because its ATH . and as you see in the chart , cake make a descending chart pattern ( descending chart pattern in old market is a bearish but in new market like cryptocurrency is a bullish chart pattern) and it broke the pattern and our target based by pattern is 54,92$
$KMD/USDT 1D (Binance Spot) Descending trendline break & retestkomodoplatform.com is up-trending for a few months now and is very likely to continue bullish!
Komodo features AtomicDEX, a non-custodial wallet and atomic swap DEX rolled into one application.
Risk/Reward= 1:1.75 | 1:3.67 | 1:7.38
Expected Profit= +35.83% | +75.02% | +151.01%
Possible Loss= -20.46%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 3 months
Current Price:
1.1026
Entry Zone:
1.0960 - 0.9860
Take-Profit Targets:
1) 1.4140
2) 1.8220
3) 2.6130
Stop Targets:
1) 0.8280
MFI/WETH good place to buy and hold for possible 10xI've been dca'ing into MFI/WETH since 2m mrkt cap and I think this one does at least a 10x from here, maybe more once eth and avax runs up and profit taking trickles down into these low cap gems. Against usd, ATH was $3.93 back in April, down 81%. Easy 10x IMO/E. 100x isn't out of the question either.
MFI allows staking with very high APR (25% so far) on Marginswap, and the platform itself has a pretty good functioning protocol that I have used with no issues. Bond lending, staking and borrowing and trading on margin. I've played with both erc20 and avax on here.
marginswap.finance 0xaa4e3edb11afa93c41db59842b29de64b72e355b
XSN: Lightning DEX run by masternodes, 793x to match UNIFrom Stakenet:
"XSN is the first blockchain with Masternodes to ever be Lightning Network ready. This means XSN has instant, virtually feeless, and unlimited transactions per second, making it more valuable than most other cryptocurrencies whose only use-case is speed or scalability. It is also the first, next to Bitcoin and Litecoin, to ever perform Lightning Swaps. "
So, how is this any different from other DEX's/coins using the same buzzwords?
> Masternodes that actually provide value by running the DEX (and more)
> Lightning swaps: once your channel is open, high-frequency trading with fees a fraction of what other DEX's/CEX's charge
> Connext integration enables BTC/ETH crosschain swaps without wrapping/rollups
> Accessing DEX/trading done through XSN's multicurrency light wallet, or on the web-based DEX (Your keys, your coins)
MASTERNODE INCOME: Hosting the DEX
Owning a masternode will make users effectively partial owners of a cutting edge business. In addition to block rewards, MN's will receive orderbook hosting rewards for processing the DEX's transactions.
> Current XSN price: $0.16
> Current Masternode cost: $2,400
When XSN reaches #2 DEX SUSHISWAP's marketcap ($2.07b as of 10/7/21) each XSN Masternode will:
> Be worth $255,765
> Produce $7,500 monthly ($2,500 block / $5,000 orderbook hosting)
> Assuming $250m 24hr DEX volume
When XSN reaches #1 DEX UNI's marketcap ($13.6b as of 10/2/21) each XSN Masternode will:
> Be worth $1,665,000
> Produce $25,500 monthly ($16,000 block / $9,500 orderbook hosting)
> Assuming $890m 24hr DEX volume
XSN is delivering fully decentralized P2P Layer 2 trades. Masternode owners are the exchange owners.
QUICK/USDT Downtrend breakout. Massive undervalued coin. EOY?In case you miss a chart you can suggest it in the comments. Maybe we will cover it next time.
Intro:
- Quickswap is a permissionless decentralized exchange based on ETH, powered by the Polygon Network's Layer 2 scalability infrastructure.
- Quickswap runs on top of Polygon and therefore has low gas fees.
- SEC confirmed that crypto will not be banned which is positive for the whole crypto market.
- DeFi projects appreciated a lot of attention during the first quarter of 2021 and probably will again during Q4.
Daily chart:
- Price shows a breakout above the purple resistance line. Currently we hover above 400$.
- Volume starts to increase with some huge spikes in between. This is a signal that we probably have bottomed.
- RSI analysis confirms the breakout passing the 43 yellow line.
- Support lines are at 330$ and 150$.
- Resistance lines are at 775$, and 1100$.
Expectation:
- We expect a further price appreciation during the next three months and a solid recovery into October. After the peak around 800$ we got hammered down to 330$ and expect to recover within this month.
- Looking forwards into October where we might see an ETF approval for Bitcoin . This would be in favor for the whole market.
- Polygon did not move during the last 3 months despite bullish news. Imagine Opensea runs on Polygon and people finally start appreciating Opensea and low gas fees.
- DeFi will get more attention during Q4 again and not only for Tax reasons.
- End of the year prediction: We will see a 4000$+ QUICK before the end of 2021.
Basic rules:
- Never buy the top/ ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA.
- Yellow lines are for visual help only.
Specials:
- Boxes represent either entry zone or support zone . Check the description.
- Cameras represent MA crossings. Yellow camera stands for a golden cross while the cyan camera stands for a death cross.
ADAUSDT 1DHi everyone
ADA Technical Analysis
ADA has formed a descending angle pattern
This pattern suggests that ADA before reaching
Your next ascending targets,
There is currently room for reduction to lower levels
The first line of defense for ADA is 2.19
If the price of ADA loses this level of support
It could fall as low as $ 1.87
If ADA buyers return to the market
ADA first hurdle is the $ 2.36 level
The next resistance is at $ 2.41
What do you think of ADA move, regardless of the BTC move?
Thanks
RUNE look great? RUNE is a cross chain DEX....
Let's look for the price
- Trying to stand above Fib 0.618 again
- It will going fast and higher if the daily candle stand above 0.16
- Daily/ Weekly MACD also bullish.
My buy point: 9.8
SL: 9.2 - 9.4
This is not financial advice. Just my point of view.
You're welcome to leave your comment if you want further discussion.