Look at that resistance at .40, really strong, its also top of pennant, if we break through here, expect a nice run, if she holds the resistance we will probably visit back to bottom of pennant to test support. Just a heads up of a potential opportunity, do your own research. Watch the trend line, watch for the break out.
1. Strong up trend. 2. Fair value gap. 3. liquidity. 4. Change of character. #Bitcoin #btc #forex
According to the daily analysis where a breakdown has occurred, the daily breakdown point must be touched, meaning the range of $180. In this one-hour chart, my perception is that beautiful patterns like triangles and channels are forming, and given the very clear negative divergence, it is evident that it will break from the bottom.
As we can see from the chart above, ZRX has been trading within the channel range from its inception. Its currently testing the channels equilibrium level, upon break we expect to see ZRX move upwards to test the upper channel resistance level. This provides us with another 500% gains ZRX (0x Protocol): Overview and Developments About the 0x Protocol (ZRX): The 0x Protocol facilitates peer-to-peer asset exchanges on the Ethereum blockchain and has positioned itself as a flexible solution for building decentralized exchanges (DEXs). It leverages smart contracts to support trading ERC-20 and ERC-721 tokens. ZRX, its native token, plays a pivotal role in governance, staking, and fee payments. Key features of 0x include its open-source architecture, modular design for easy integration, and a focus on enabling liquidity aggregation across DEXs. It is particularly suited for projects incorporating asset exchange as a secondary feature, such as in gaming or portfolio management applications. Recent Developments: 1. Technical Upgrades: Version 3 of the protocol enhanced functionalities, including gas efficiency, staking rewards, and integration with other protocols. Previous versions have been audited to ensure security and transparency. 2. Expanded Use Cases: ZRX has been integrated into various platforms like Coinbase Wallet, providing seamless DEX functionality for users. 3. Liquidity Enhancements: The project continues to prioritize building robust liquidity mechanisms, benefiting both developers and traders. Market Cap and Tokenomics: Current Market Cap: Approximately $357 million. Total Supply: 1 billion ZRX tokens, with around 75% in circulation. Staking rewards incentivize token holders to contribute to the network. The price of ZRX has historically shown volatility, peaking at $2.53 in January 2018. Long-term price forecasts suggest growth driven by increased adoption and new use cases. Potential Future Market Cap: With its strategic positioning in the DEX market and increasing adoption, ZRX could significantly expand its market cap. Analysts predict values ranging from $2.30 in the medium term to over $12 by 2030, depending on broader crypto market trends and 0x's continued development. Unique Selling Points: 1. Interoperability: Enables seamless token swaps across Ethereum-based platforms. 2. Governance: Token holders directly influence protocol updates. 3. Flexibility: Developers can incorporate 0x’s tools into a wide variety of decentralized applications. Outlook: The 0x Protocol stands out for its robust infrastructure and emphasis on secure, scalable solutions for decentralized trading. Its growth prospects are tied to the continued expansion of the DeFi ecosystem and the increasing need for DEX technologies. Growth is in effect, inevitable
Google’s DeepMind team unveiled an AI model for weather prediction this week called GenCast. In a paper published in Nature, DeepMind researchers said they found that GenCast outperforms the European Centre for Medium-Range Weather Forecasts’ ENS — apparently the world’s top operational forecasting system. And in a blog post, the DeepMind team offered a more […] © 2024 TechCrunch. All rights reserved. For personal use only.
Hello, BTC dominance is currently around 55%. From my analysis, the altcoin bull market typically ends when BTC dominance drops to the 47%-40% range. At that point, it’s wise to prepare for selling altcoins, while also monitoring the total market cap for signs of a decline. For now, the bull market remains active. As always, remember to stick to risk management. BR,
Hello, FX:EURJPY remains a buy; however, confirmation from the pivot point (PP) is still required along the way. No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344
XAUUSD levels for the coming week. Looking to enter a buy at 2645 expecting 2652 to 2654 as first resistance level. If we break expect 2658,2660,2665 before hitting 2678 to 2680 if we break these levels then 2700 + For a sell I would look to enter at a break of 2630 which is fibonacci level 0.618 expecting to fall to 2620 and 2612 next . If you want a safer sell level I have marked 2620 as a safe sell.
Ban hodlers time to moon, Golden cross on 4 hourly time frame - 140%+ MOVE EXPECTED.
I believe AMD has just completed a Bear Flag on the 3 day time frame and if it plays out then possible price targets would be $110-$115. Share your thoughts.