🚩#Ethereum Quick Update‼️
$ETH appears to be moving in a “Speaker pattern” which is not easy to trade, although it may bounce back from this $15k support level...
...To Celebrate "The Merge”. 👏🥂😁
$ETH appears to be moving in a “Speaker pattern” which is not easy to trade, although it may bounce back from this $15k support level...
...To Celebrate "The Merge”. 👏🥂😁
🔅$BTC & $ETH Stuck in their Ranges‼️
When I read all those "end of the world" analyzes 😱 from some influencers/media in social networks, I often wonder if we are reading the same graphs or if we are talking about the same asset!!! 🤨
✨What Is a Trading Range?
Trading range refers to the difference between the high & low prices in a given trading period. A trading range is characterized by both a support & resistance prices, between which the price tends to fluctuate.
👉 Range-based indicators are mostly designed to show overbought & oversold conditions in a price range and include Bollinger Bands, but there is also a very easy and simple strategy that you should know by now, using the Fibonacci Retracement Levels.
👉 Strategy & Reading Fibonacci levels (in an uptrend):
▫️Selling Area (red color) on 76.3% & above
▫️First Target on 61.8% level
▫️Neutral Area between 38.2% & 61.8%
▫️Trade Validation on 38.2% level
▫️Buying Area (blue color) on 23.6% & below
When I read all those "end of the world" analyzes 😱 from some influencers/media in social networks, I often wonder if we are reading the same graphs or if we are talking about the same asset!!! 🤨
✨What Is a Trading Range?
Trading range refers to the difference between the high & low prices in a given trading period. A trading range is characterized by both a support & resistance prices, between which the price tends to fluctuate.
👉 Range-based indicators are mostly designed to show overbought & oversold conditions in a price range and include Bollinger Bands, but there is also a very easy and simple strategy that you should know by now, using the Fibonacci Retracement Levels.
👉 Strategy & Reading Fibonacci levels (in an uptrend):
▫️Selling Area (red color) on 76.3% & above
▫️First Target on 61.8% level
▫️Neutral Area between 38.2% & 61.8%
▫️Trade Validation on 38.2% level
▫️Buying Area (blue color) on 23.6% & below
⚡️#Cosmos $ATOM 80-Day-Bullish🚀
▫️Today $ATOM has reached almost $14
▫️Highest price since May 10
▫️81-day mature uptrend channel
▫️+152% recovered since its last bottom price of June 18.
👉🏻 #Cosmos has launched one of the hardest challenges in the blockchain space... and even during this complicated period "bear market", $ATOM is showing us great performance with a clean price structure that is moving in a mature uptrend channel. No doubt that $ATOM has huge potential to be ranked among the Best & Top Cryptos in the future.
🪐 Cosmos: The Internet of Blockchains
The team aims to "create an Internet of Blockchains, a network of blockchains able to communicate with each other in a decentralized way." Cosmos is a proof-of-stake chain.
▫️Today $ATOM has reached almost $14
▫️Highest price since May 10
▫️81-day mature uptrend channel
▫️+152% recovered since its last bottom price of June 18.
👉🏻 #Cosmos has launched one of the hardest challenges in the blockchain space... and even during this complicated period "bear market", $ATOM is showing us great performance with a clean price structure that is moving in a mature uptrend channel. No doubt that $ATOM has huge potential to be ranked among the Best & Top Cryptos in the future.
🪐 Cosmos: The Internet of Blockchains
The team aims to "create an Internet of Blockchains, a network of blockchains able to communicate with each other in a decentralized way." Cosmos is a proof-of-stake chain.
The Stride Mainnet is now live! Surprise!
🔅For the first time in history, $ATOM can be liquid staked in the #Cosmos ecosystem.
https://twitter.com/stride_zone/status/1566939093963083778?t=Syfav5xwqvaDZjvXVuBVdA&s=35
🔅For the first time in history, $ATOM can be liquid staked in the #Cosmos ecosystem.
https://twitter.com/stride_zone/status/1566939093963083778?t=Syfav5xwqvaDZjvXVuBVdA&s=35
✨The Bollinger Bands Squeeze Strategy.
▫️When the bands squeeze together, you should be ready for a breakout. The bands are driven by volatility, and the squeeze is just a reflection of that.
👉🏻 If the price breakout above the top bands, it's the signal for opening long positions as the price is expected to continue to move up.
👉🏻 If the candle breakout below the bottom band, it's time to go short because the price will continue to go down.
📈 Bollinger Bands use 2 parameters, Period (the default values are 20 for period) and 2 Standard Deviations which means that, from a statistical perspective, 95% of all the price action happens in between the channels.
TA #BTCUSD TF. 1-hour
▫️When the bands squeeze together, you should be ready for a breakout. The bands are driven by volatility, and the squeeze is just a reflection of that.
👉🏻 If the price breakout above the top bands, it's the signal for opening long positions as the price is expected to continue to move up.
👉🏻 If the candle breakout below the bottom band, it's time to go short because the price will continue to go down.
📈 Bollinger Bands use 2 parameters, Period (the default values are 20 for period) and 2 Standard Deviations which means that, from a statistical perspective, 95% of all the price action happens in between the channels.
TA #BTCUSD TF. 1-hour
🏆 #Solana to touch 100 billion transaction milestone‼️
https://www.thecoinrepublic.com/2022/09/10/solana-to-touch-100-billion-transaction-milestone/
https://www.thecoinrepublic.com/2022/09/10/solana-to-touch-100-billion-transaction-milestone/
Crypto-Quiz: What is a Dead Cat Bounce? (See the answer after voting)
Anonymous Quiz
46%
A bulltrap before a quick flash-crash.
23%
A short-term recovery in a declining trend.
8%
A brief pullback followed by a massive uptrend spike.
8%
A beartrap before a reversal trend.
15%
I've no idea.
🚩#Bitcoin Quick Update‼️
$BTC started this new week with a touch to $22,366 which is exactly at the 61.8% level Fibonacci retracement, before coming back just below $22,000.
$BTC started this new week with a touch to $22,366 which is exactly at the 61.8% level Fibonacci retracement, before coming back just below $22,000.
⚡️#Cosmos $ATOM Bullish Descending Triangle in Trend Continuation Pattern (Uptrend)
👉🏻 Next target $21.50
👉🏻 Next target $21.50
✨All about #Ethereum 2.0 (1/2)
$ETH, the native crypto currency of the #Ethereum Blockchain, has soared in value over the past few months, reaching an all-time high of $4,891 on last November 2021 and at volumes that are second only to Bitcoin. Now, however, a major upgrade to the Ethereum network is underway - labeled Ethereum 2.0
🔅Why does #Ethereum need an upgrade?
👉🏻 Transactions on #Ethereum’s blocks are typically processed at about 10 to 15 per second, compared to three to five per second on #Bitcoin. Opponents have recently criticized ETH’s speed and claimed congestion is causing a sharp rise in transaction fees.
👉🏻 The Ethereum 2.0 upgrade will seek to improve speed and allow more trading opportunities, and address concerns over security and its environmental unsustainability, due to the level of computing energy required to power the network.
$ETH, the native crypto currency of the #Ethereum Blockchain, has soared in value over the past few months, reaching an all-time high of $4,891 on last November 2021 and at volumes that are second only to Bitcoin. Now, however, a major upgrade to the Ethereum network is underway - labeled Ethereum 2.0
🔅Why does #Ethereum need an upgrade?
👉🏻 Transactions on #Ethereum’s blocks are typically processed at about 10 to 15 per second, compared to three to five per second on #Bitcoin. Opponents have recently criticized ETH’s speed and claimed congestion is causing a sharp rise in transaction fees.
👉🏻 The Ethereum 2.0 upgrade will seek to improve speed and allow more trading opportunities, and address concerns over security and its environmental unsustainability, due to the level of computing energy required to power the network.
✨All about #Ethereum 2.0 (2/2)
🔅What are the key differences between #ETH & #ETH2 ?
Ethereum 2.0 also referred to as "#ETH2" or "#Serenity" will be completed over 3 phases, as follows:
👉🏻 Phase 0: "The Evolutionary Phase"
These changes, which launched in December 2020, introduced users to the "Beacon Chain". This is a new type of blockchain which oversees the entire #ETH ecosystem, moving from a #PoW to #PoS consensus model. It doesn't actually change anything about the #ETH we use today but will be a more secure, energy efficient alternative to the existing #PoW model.
👉🏻 Phase 1: "Sharding"
This next part of the upgrade will see the spread of data from a single large database across several separate database servers. This will ease bottlenecks, increase network bandwidth and allow more transactions to be processed.
👉🏻 Phase 1.5: "Docking"
This final phase of the upgrade, expected in 2022, is when the existing #ETH Mainnet "Docks" or merges with the new $ETH2 Beacon Chain & Sharding system.
🔅What are the key differences between #ETH & #ETH2 ?
Ethereum 2.0 also referred to as "#ETH2" or "#Serenity" will be completed over 3 phases, as follows:
👉🏻 Phase 0: "The Evolutionary Phase"
These changes, which launched in December 2020, introduced users to the "Beacon Chain". This is a new type of blockchain which oversees the entire #ETH ecosystem, moving from a #PoW to #PoS consensus model. It doesn't actually change anything about the #ETH we use today but will be a more secure, energy efficient alternative to the existing #PoW model.
👉🏻 Phase 1: "Sharding"
This next part of the upgrade will see the spread of data from a single large database across several separate database servers. This will ease bottlenecks, increase network bandwidth and allow more transactions to be processed.
👉🏻 Phase 1.5: "Docking"
This final phase of the upgrade, expected in 2022, is when the existing #ETH Mainnet "Docks" or merges with the new $ETH2 Beacon Chain & Sharding system.
🛑Huobi Global to Delist $DASH, $DCR, $FIRO, $XMR, $XVG, $ZEC, and $ZEN
https://decrypt.co/109513/crypto-exchange-huobi-delist-7-privacy-coins-citing-latest-financial-regulations
https://decrypt.co/109513/crypto-exchange-huobi-delist-7-privacy-coins-citing-latest-financial-regulations
Decrypt
Crypto Exchange Huobi to Delist 7 Privacy Coins, Citing ‘Latest Financial Regulations’ - Decrypt
Seychelles-based crypto exchange Huobi plans to delist seven privacy-centric cryptocurrencies, including Monero and Zcash.