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If you're feeling overwhelmed by the pressure of long and short trading in the crypto world, why not try something fresh and exciting like long and short real estate sectors? Sounds pretty fancy, doesn't it? 😁😁 The answer lies in Parcl: a Real World Assets (RWA) project, a perpetual contract trading platform dedicated to real estate products across multiple countries built on Solana. It has raised $11.6 million with big names such as Coinbase Ventures, Dragonfly Capital, Solana Ventures... This project shows great potential, so keep an eye on it. #Lcademy #BlockchainJob #CryptoJob #KOLcrypto #Eirango
If you're feeling overwhelmed by the pressure of long and short trading in the crypto world, why not try something fresh and exciting like long and short real estate sectors? Sounds pretty fancy, doesn't it? 😁😁
The answer lies in Parcl: a Real World Assets (RWA) project, a perpetual contract trading platform dedicated to real estate products across multiple countries built on Solana. It has raised $11.6 million with big names such as Coinbase Ventures, Dragonfly Capital, Solana Ventures... This project shows great potential, so keep an eye on it.
#Lcademy #BlockchainJob #CryptoJob #KOLcrypto #Eirango
How Saga.xyz will be able to unlock the power of INFINITE scalability1. Infinite Scalability with Chainlets: Traditional Blockchain Bottleneck: Imagine the Saga Mainnet as a high-speed highway. Each transaction is a car on the road. As the number of transactions (cars) increases, the highway gets congested, slowing down transaction speeds and increasing fees. Enter Chainlets: These act like dedicated express lanes built specifically for certain types of vehicles (transactions) related to a particular application. Each Chainlet is a separate blockchain with its own set of rules and validators. This distributes the traffic (transactions), preventing congestion on the main highway (Saga Mainnet). Technical Underpinnings: Cosmos SDK (Software Development Kit): Saga leverages the Cosmos SDK, a modular framework for building custom blockchains. This allows developers to tailor Chainlet functionalities to their application's needs. Inter-Blockchain Communication (IBC) Protocol: This Cosmos feature enables communication between Chainlets and the Saga Mainnet. Transactions can be relayed between them securely, ensuring data consistency across the ecosystem. 2. Customizable Blockchains (Chainlets): Tailored for Specific Needs: Developers define the rules and functionalities of their Chainlet using the Saga platform. This includes aspects like consensus mechanism (e.g., Proof-of-Stake), transaction fees, and governance structure. Benefits of Customization: Optimized Performance: Chainlets can be fine-tuned to handle the specific workload of an application, potentially leading to faster transaction processing and lower fees. Privacy: Certain Chainlets can be designed to operate permissioned, allowing only authorized users to participate, which might be desirable for specific applications. 3. Faster Transactions and Lower Fees (Technical Perspective): Reduced Congestion: By distributing transactions across Chainlets, Saga avoids overloading the Saga Mainnet. This translates to faster block processing times for all Chainlets, leading to quicker transaction speeds for users. Dynamic Fee Structures: Developers have control over fee structures within their Chainlets. They can potentially offer lower fees compared to congested blockchains like Ethereum. 4. Simplified Development Experience: Pre-built Components: The Saga platform offers pre-built modules and functionalities that developers can leverage to build Chainlets quickly. This reduces the need for extensive coding from scratch. Abstraction Layer: Saga might provide an abstraction layer that shields developers from the complexities of underlying blockchain protocols. This allows them to focus on application logic without getting bogged down in intricate technical details. #Lcademy #BlockchainJob #CryptoJob #KOLcrypto #SAGALAUNCHPOOL

How Saga.xyz will be able to unlock the power of INFINITE scalability

1. Infinite Scalability with Chainlets:
Traditional Blockchain Bottleneck: Imagine the Saga Mainnet as a high-speed highway. Each transaction is a car on the road. As the number of transactions (cars) increases, the highway gets congested, slowing down transaction speeds and increasing fees.
Enter Chainlets: These act like dedicated express lanes built specifically for certain types of vehicles (transactions) related to a particular application. Each Chainlet is a separate blockchain with its own set of rules and validators. This distributes the traffic (transactions), preventing congestion on the main highway (Saga Mainnet).
Technical Underpinnings:
Cosmos SDK (Software Development Kit): Saga leverages the Cosmos SDK, a modular framework for building custom blockchains. This allows developers to tailor Chainlet functionalities to their application's needs.
Inter-Blockchain Communication (IBC) Protocol: This Cosmos feature enables communication between Chainlets and the Saga Mainnet. Transactions can be relayed between them securely, ensuring data consistency across the ecosystem.
2. Customizable Blockchains (Chainlets):
Tailored for Specific Needs: Developers define the rules and functionalities of their Chainlet using the Saga platform. This includes aspects like consensus mechanism (e.g., Proof-of-Stake), transaction fees, and governance structure.
Benefits of Customization:
Optimized Performance: Chainlets can be fine-tuned to handle the specific workload of an application, potentially leading to faster transaction processing and lower fees.
Privacy: Certain Chainlets can be designed to operate permissioned, allowing only authorized users to participate, which might be desirable for specific applications.
3. Faster Transactions and Lower Fees (Technical Perspective):
Reduced Congestion: By distributing transactions across Chainlets, Saga avoids overloading the Saga Mainnet. This translates to faster block processing times for all Chainlets, leading to quicker transaction speeds for users.
Dynamic Fee Structures: Developers have control over fee structures within their Chainlets. They can potentially offer lower fees compared to congested blockchains like Ethereum.
4. Simplified Development Experience:
Pre-built Components: The Saga platform offers pre-built modules and functionalities that developers can leverage to build Chainlets quickly. This reduces the need for extensive coding from scratch.
Abstraction Layer: Saga might provide an abstraction layer that shields developers from the complexities of underlying blockchain protocols. This allows them to focus on application logic without getting bogged down in intricate technical details.
#Lcademy #BlockchainJob #CryptoJob #KOLcrypto #SAGALAUNCHPOOL
This Week in Crypto: Meme Coins Take Center Stage Bitcoin Stalls: While Bitcoin gained over 10% this week, it sits shy of its nearly $74,000 record, reached earlier in March.Meme Coin Mania: Meme coins stole the show with significant gains across the board.Dogecoin (DOGE): The OG meme coin surged nearly 45% this week.Dogwifhat (WIF): The week's biggest winner, this Solana-based meme coin skyrocketed almost 100%.Shiba Inu (SHIB): Dogecoin's rival jumped over 10% in value.Bonk & Pepe: These Solana-based meme tokens also joined the party, rising 23% and 6%, respectively.Major Coins See Modest Gains: Established players like Ethereum (ETH) and Solana (SOL) also inched up in price.Ethereum (ETH): Up over 4%, reaching $3,494.Solana (SOL): Gained over 12%, settling at $196.23.SingularityNET (AGIX) , Fetch.ai (FET), and Ocean Protocol (OCEAN) are planning to merge their crypto tokens into a new unified ASI token. This merger aims to create a larger and more powerful force in the decentralized AI market. The ASI token will be used for various purposes within the AI ecosystem, including network security, data access, and transactions. The merger is still subject to approval by the respective communities of each project. If approved, the token migration will begin and a governing council will be established to oversee the merged network. The announcement of the merger has already caused significant price increases for the tokens of all three involved companies.SAM BANKMAN-FRIED SENTENCED 25 YEARS IN PRISON: In a stunning turn of events, the former billionaire was sentenced to 25 years behind bars for defrauding customers and investors out of $8 billion. Prosecutors painted a picture of a house of cards – a crypto empire built on a foundation of lies and stolen funds. Bankman-Fried, once lauded for his "effective altruism," was revealed as a cunning manipulator who used FTX as his personal piggy bank.RWA tokens are poised for a surge with BlackRock's entry: BlackRock is entering the real-world asset (RWA) token market with its first tokenized fund, BUIDL. This move is expected to trigger a domino effect, attracting more investment into RWA tokens. RWA tokens represent ownership of real-world assets like real estate or gold on the blockchain, making them more accessible to investors. The RWA market is expected to grow significantly in the coming years, with some projections estimating a market valuation of $16 trillion by 2030. #Lcademy #BlockchainJob #CryptoJob #KOLcrypto

This Week in Crypto: Meme Coins Take Center Stage

Bitcoin Stalls: While Bitcoin gained over 10% this week, it sits shy of its nearly $74,000 record, reached earlier in March.Meme Coin Mania: Meme coins stole the show with significant gains across the board.Dogecoin (DOGE): The OG meme coin surged nearly 45% this week.Dogwifhat (WIF): The week's biggest winner, this Solana-based meme coin skyrocketed almost 100%.Shiba Inu (SHIB): Dogecoin's rival jumped over 10% in value.Bonk & Pepe: These Solana-based meme tokens also joined the party, rising 23% and 6%, respectively.Major Coins See Modest Gains: Established players like Ethereum (ETH) and Solana (SOL) also inched up in price.Ethereum (ETH): Up over 4%, reaching $3,494.Solana (SOL): Gained over 12%, settling at $196.23.SingularityNET (AGIX) , Fetch.ai (FET), and Ocean Protocol (OCEAN) are planning to merge their crypto tokens into a new unified ASI token. This merger aims to create a larger and more powerful force in the decentralized AI market. The ASI token will be used for various purposes within the AI ecosystem, including network security, data access, and transactions. The merger is still subject to approval by the respective communities of each project. If approved, the token migration will begin and a governing council will be established to oversee the merged network. The announcement of the merger has already caused significant price increases for the tokens of all three involved companies.SAM BANKMAN-FRIED SENTENCED 25 YEARS IN PRISON: In a stunning turn of events, the former billionaire was sentenced to 25 years behind bars for defrauding customers and investors out of $8 billion. Prosecutors painted a picture of a house of cards – a crypto empire built on a foundation of lies and stolen funds. Bankman-Fried, once lauded for his "effective altruism," was revealed as a cunning manipulator who used FTX as his personal piggy bank.RWA tokens are poised for a surge with BlackRock's entry: BlackRock is entering the real-world asset (RWA) token market with its first tokenized fund, BUIDL. This move is expected to trigger a domino effect, attracting more investment into RWA tokens. RWA tokens represent ownership of real-world assets like real estate or gold on the blockchain, making them more accessible to investors. The RWA market is expected to grow significantly in the coming years, with some projections estimating a market valuation of $16 trillion by 2030.
#Lcademy #BlockchainJob #CryptoJob #KOLcrypto
Hong Kong's Bitcoin Spot ETF DebutHong Kong's Bitcoin Spot ETF Debut: A Bullish sign for Asian Crypto market Hong Kong is poised to take a significant step towards crypto mainstream adoption with the anticipated launch of the first batch of Bitcoin spot Exchange Traded Funds (ETFs) on April 15th, 2024. This move by the Securities and Futures Commission (SFC) signifies a positive shift in regulatory stance and presents a wealth of opportunities for the global cryptocurrency market. Breaking Down the Barriers Previously, retail investors in Hong Kong faced limited options for accessing Bitcoin. The introduction of spot ETFs eliminates the complexities of directly acquiring and storing Bitcoin, making it a more accessible investment option. This broader investor base can inject fresh capital into the market, potentially driving up Bitcoin's price. Building Legitimacy The SFC's approval of these ETFs lends a much-needed air of legitimacy to the cryptocurrency space. Regulatory oversight ensures investor protection and transparency, which can attract institutional investors who have traditionally been wary of the volatile and unregulated nature of cryptocurrencies. This institutional participation could bring significant capital and stability to the market. A Domino Effect Hong Kong's move is likely to have a ripple effect across the globe. Other financial hubs with similar regulatory structures might follow suit, further accelerating mainstream crypto adoption. This domino effect could significantly expand the investor base for Bitcoin and other cryptocurrencies. A Gateway to Asia Hong Kong's status as a global financial center positions it as a gateway to the vast Asian market. The launch of these ETFs can introduce a new generation of Asian investors to Bitcoin, potentially unlocking a significant source of demand. A Look Ahead The success of Hong Kong's Bitcoin ETF launch will be closely watched by the global crypto community. A smooth rollout could pave the way for similar products in other regions, fostering a more mature and robust cryptocurrency market. While the initial impact might be on a smaller scale compared to the US, it represents a crucial stepping stone for wider crypto acceptance in Asia and beyond. Beyond Bitcoin The success of Bitcoin ETFs could also open the door for similar products focused on other established cryptocurrencies like Ethereum. This diversification would provide investors with more options and potentially spread risk within their crypto portfolios. Challenges Remain It's important to acknowledge that challenges still lie ahead. Regulatory frameworks for cryptocurrencies are still evolving, and potential price volatility remains a concern for some investors. However, the launch of these Bitcoin ETFs in Hong Kong is a significant step forward, offering a glimpse into a future where cryptocurrencies are seamlessly integrated into traditional financial markets. #Lcademy #BlockchainJob #CryptoJob #KOLcrypto

Hong Kong's Bitcoin Spot ETF Debut

Hong Kong's Bitcoin Spot ETF Debut: A Bullish sign for Asian Crypto market
Hong Kong is poised to take a significant step towards crypto mainstream adoption with the anticipated launch of the first batch of Bitcoin spot Exchange Traded Funds (ETFs) on April 15th, 2024. This move by the Securities and Futures Commission (SFC) signifies a positive shift in regulatory stance and presents a wealth of opportunities for the global cryptocurrency market.
Breaking Down the Barriers
Previously, retail investors in Hong Kong faced limited options for accessing Bitcoin. The introduction of spot ETFs eliminates the complexities of directly acquiring and storing Bitcoin, making it a more accessible investment option. This broader investor base can inject fresh capital into the market, potentially driving up Bitcoin's price.
Building Legitimacy
The SFC's approval of these ETFs lends a much-needed air of legitimacy to the cryptocurrency space. Regulatory oversight ensures investor protection and transparency, which can attract institutional investors who have traditionally been wary of the volatile and unregulated nature of cryptocurrencies. This institutional participation could bring significant capital and stability to the market.
A Domino Effect
Hong Kong's move is likely to have a ripple effect across the globe. Other financial hubs with similar regulatory structures might follow suit, further accelerating mainstream crypto adoption. This domino effect could significantly expand the investor base for Bitcoin and other cryptocurrencies.
A Gateway to Asia
Hong Kong's status as a global financial center positions it as a gateway to the vast Asian market. The launch of these ETFs can introduce a new generation of Asian investors to Bitcoin, potentially unlocking a significant source of demand.
A Look Ahead
The success of Hong Kong's Bitcoin ETF launch will be closely watched by the global crypto community. A smooth rollout could pave the way for similar products in other regions, fostering a more mature and robust cryptocurrency market. While the initial impact might be on a smaller scale compared to the US, it represents a crucial stepping stone for wider crypto acceptance in Asia and beyond.
Beyond Bitcoin
The success of Bitcoin ETFs could also open the door for similar products focused on other established cryptocurrencies like Ethereum. This diversification would provide investors with more options and potentially spread risk within their crypto portfolios.
Challenges Remain
It's important to acknowledge that challenges still lie ahead. Regulatory frameworks for cryptocurrencies are still evolving, and potential price volatility remains a concern for some investors. However, the launch of these Bitcoin ETFs in Hong Kong is a significant step forward, offering a glimpse into a future where cryptocurrencies are seamlessly integrated into traditional financial markets.
#Lcademy #BlockchainJob #CryptoJob #KOLcrypto
How to receive the Omni Network airdrop: Omni Network is currently conducting an airdrop on Binance. What makes this project special? Omni Network facilitates the connection of layer 2 solutions within the Ethereum ecosystem, making their interaction seamless. When we talk about interaction, we often think of cross-chain functionality. Now, Omni is changing that perception. Omni's mission is to restore Ethereum to its role as a unified, singular operating system for decentralized applications. For users like us, it's understandable that the Ethereum ecosystem is currently the largest in the crypto market. Hence, as transactions increase, there will be situations where we need to use bridges to transfer assets between different layers. However, if we use the wrong bridge and encounter a lack of liquidity, we may have to wait for 5-10-20 minutes, which can be inconvenient. While Ethereum operates based on the collective computing power of machines worldwide, Omni will provide a single central processing unit (CPU) for developers to work on, making programming easier and granting access to all liquidity and users within the Ethereum ecosystem. Omni is the first independent blockchain to provide security from Ethereum without being Ethereum itself. The project has raised $18.1 million from two private token sale rounds. Currently, Omni has officially launched its launchpool on Binance. To receive the airdrop from Omni, you need to follow these steps: First, you need a Binance account, and then you need to have BNB or FDUSD in your wallet. Go to the main interface of the app, scroll down to find "More," and then scroll further down to find "Launchpool." Click on it, and now you just need to choose to stake BNB or FDUSD. This event will take place from April 13th, 2024, to April 17th, 2024. This means you have 4 days to stake, and one thing is certain: staking will result in an airdrop to your wallet. If you have any questions, feel free to comment below for me to answer. #Lcademy #BlockchainJob #CryptoJob #KOLcrypto
How to receive the Omni Network airdrop:
Omni Network is currently conducting an airdrop on Binance. What makes this project special?
Omni Network facilitates the connection of layer 2 solutions within the Ethereum ecosystem, making their interaction seamless. When we talk about interaction, we often think of cross-chain functionality. Now, Omni is changing that perception. Omni's mission is to restore Ethereum to its role as a unified, singular operating system for decentralized applications. For users like us, it's understandable that the Ethereum ecosystem is currently the largest in the crypto market. Hence, as transactions increase, there will be situations where we need to use bridges to transfer assets between different layers. However, if we use the wrong bridge and encounter a lack of liquidity, we may have to wait for 5-10-20 minutes, which can be inconvenient. While Ethereum operates based on the collective computing power of machines worldwide, Omni will provide a single central processing unit (CPU) for developers to work on, making programming easier and granting access to all liquidity and users within the Ethereum ecosystem. Omni is the first independent blockchain to provide security from Ethereum without being Ethereum itself.
The project has raised $18.1 million from two private token sale rounds. Currently, Omni has officially launched its launchpool on Binance. To receive the airdrop from Omni, you need to follow these steps:
First, you need a Binance account, and then you need to have BNB or FDUSD in your wallet. Go to the main interface of the app, scroll down to find "More," and then scroll further down to find "Launchpool." Click on it, and now you just need to choose to stake BNB or FDUSD. This event will take place from April 13th, 2024, to April 17th, 2024. This means you have 4 days to stake, and one thing is certain: staking will result in an airdrop to your wallet. If you have any questions, feel free to comment below for me to answer.
#Lcademy #BlockchainJob #CryptoJob #KOLcrypto
Lcademy: Your Crypto Partner for Vietnam Lcademy is a full-suite marketing agency specializing in propelling crypto projects into the booming Vietnamese market. We are your one-stop shop for success, equipped with a powerhouse team of KOLs, diverse marketing channels, and industry veterans to ensure your project thrives.With a track record of successfully serving numerous satisfied customers, including startups, exchanges, and game-fi projects, we have proven expertise in helping businesses optimize their marketing investments to achieve maximum returns. Why Choose Lcademy? Deep Market Understanding: We are veterans of the Vietnamese market, with a nuanced understanding of local trends, regulations, and cultural preferences.KOL Powerhouse: We boast a network of influential KOLs (Key Opinion Leaders) who can amplify your project's reach and resonate with the Vietnamese crypto community. We are in charge of 50+ KOLs ranging from 5k-150k followers on X and other platforms with the potential reach of 5 million people in Vietnam alone.Channel Mastery: We leverage a diverse mix of marketing channels, from social media and PR to community building and targeted advertising, to maximize your project's exposure. We have successfully nourished over 20 Telegram communities ranging from 4k to 80k followers that have over 30% active membersSkilled Personnel: Our team comprises seasoned marketing professionals with a proven track record of success in the crypto space.Community Focus: We understand the power of community engagement. We'll help you build a loyal Vietnamese community around your project. Lcademy: Delivering Everything Your Crypto Project Needs We offer a comprehensive suite of services to empower your project's success in Vietnam: Market Research & Strategy: We conduct in-depth research to understand the Vietnamese crypto landscape and craft a winning strategy tailored to your project.KOL Marketing & Influencer Management: We connect you with the right KOLs to spread brand awareness and generate excitement.Content Marketing & PR: We create compelling content that resonates with the Vietnamese audience and secure positive media coverage.Community Building & Management: We foster a thriving Vietnamese community around your project, driving engagement and loyalty.Social Media Marketing & Advertising: We leverage the power of social media to amplify your message and target the right audience. Our clients not only consist of many well known entities in the crypto space such as OKX, Gate.io, Bitget, ByBit, CoinEx but also a number of promising upcoming projects such as Spores, Pool Wallet, Sharkscan.io and Holdstation. Don't just enter the Vietnamese market, conquer it with Lcademy! Contact us today and let's discuss how we can propel your crypto project to new heights in Vietnam. #Lcademy #BlockchainJob #CryptoJob #KOLcrypto

Lcademy: Your Crypto Partner for Vietnam

Lcademy is a full-suite marketing agency specializing in propelling crypto projects into the booming Vietnamese market. We are your one-stop shop for success, equipped with a powerhouse team of KOLs, diverse marketing channels, and industry veterans to ensure your project thrives.With a track record of successfully serving numerous satisfied customers, including startups, exchanges, and game-fi projects, we have proven expertise in helping businesses optimize their marketing investments to achieve maximum returns.
Why Choose Lcademy?
Deep Market Understanding: We are veterans of the Vietnamese market, with a nuanced understanding of local trends, regulations, and cultural preferences.KOL Powerhouse: We boast a network of influential KOLs (Key Opinion Leaders) who can amplify your project's reach and resonate with the Vietnamese crypto community. We are in charge of 50+ KOLs ranging from 5k-150k followers on X and other platforms with the potential reach of 5 million people in Vietnam alone.Channel Mastery: We leverage a diverse mix of marketing channels, from social media and PR to community building and targeted advertising, to maximize your project's exposure. We have successfully nourished over 20 Telegram communities ranging from 4k to 80k followers that have over 30% active membersSkilled Personnel: Our team comprises seasoned marketing professionals with a proven track record of success in the crypto space.Community Focus: We understand the power of community engagement. We'll help you build a loyal Vietnamese community around your project.
Lcademy: Delivering Everything Your Crypto Project Needs
We offer a comprehensive suite of services to empower your project's success in Vietnam:
Market Research & Strategy: We conduct in-depth research to understand the Vietnamese crypto landscape and craft a winning strategy tailored to your project.KOL Marketing & Influencer Management: We connect you with the right KOLs to spread brand awareness and generate excitement.Content Marketing & PR: We create compelling content that resonates with the Vietnamese audience and secure positive media coverage.Community Building & Management: We foster a thriving Vietnamese community around your project, driving engagement and loyalty.Social Media Marketing & Advertising: We leverage the power of social media to amplify your message and target the right audience.

Our clients not only consist of many well known entities in the crypto space such as OKX, Gate.io, Bitget, ByBit, CoinEx but also a number of promising upcoming projects such as Spores, Pool Wallet, Sharkscan.io and Holdstation.
Don't just enter the Vietnamese market, conquer it with Lcademy!
Contact us today and let's discuss how we can propel your crypto project to new heights in Vietnam.
#Lcademy #BlockchainJob #CryptoJob #KOLcrypto
Ichimoku Arithmetic Theory - basic concepts to knowIchimoku Arithmetic Theory - basic concepts to know Any Trader who are using Ichimoku for trading or interested in Ichimoku, this is an article that cannot be missed. The article will discuss issues related to time frame, cycle, how to set parameters for Ichimoku. As you know, Ichimoku is known for its 5 basic lines: Tenkan Sen.Kijun Sen.Senkou Span A (part of Kumo cloud).Senkou Span B (another part of Kumo cloud).Chikou Span. 1. Ichimoku Numerology - The Three Basic Pillars Over 95% of Traders, trading teachers, and analysts consider the aforementioned 5 lines as the basic factor of Ichimoku. But in reality, that's not correct. The basis of Ichimoku includes 3 main pillars listed below: Ichimoku Numerology Theory.Ichimoku Wave Theory.Ichimoku Price Theory. These are the 3 main pillars that make up the basis of Ichimoku, but the root of all these 3 pillars comes from the numerology theory of Ichimoku. Goichi Hosada (inventor of Ichimoku) spent more than 4 years researching and developing Ichimoku based on numerical theory. He researched many theories from the East to the West, and finally settled on 3 numbers that he thought were most important to Ichimoku. You may also know about these 3 numbers: they are 9, 17 and 26. This is why the Kijun Sen line is set with a 26 cycle, number 26 is related to Goichi's own work, not related to 6 trading days in a week in the Japanese financial market (and many traders misunderstand this issue). This means that no matter what time frame you are using to trade, the parameters of Ichimoku need to be kept intact as the original. 2. Ichimoku Numerology - the principle of 10 numbers You know that there are 3 most important numbers in Ichimoku, but the system of Ichimoku has a total of 10 numbers, including the following numbers (please read carefully, I will explain clearly in the section below): 9 -17 - 26 are the 3 most important numbers.Other numbers include: 33 - 42 - 65 - 76 - 129 -172 - 200 - 257 Now you can try a calculation as follows: Take 9 + 17, get 26.Take 26 + 17 = 42 +1Take 33 + 9 = 42.Take 33 x 2 = 65 +1Take 42 + 33 = 76 -1Take 65 × 2 = 129 + 1.Take 129 + 42 = 172-1. So, all these numbers are closely related to each other. 3. Applying Ichimoku Mathematics in Practice Ideally, Traders should use mathematical theories in combination with the remaining two pillars of Ichimoku, which are price theory and wave theory. However, due to the limitations of the article, I will only mention the most basic way to apply the theory to find reversal points. The easiest example to understand is that you will see the price behavior usually reacts very strongly to the numbers of Ichimoku. Of course, Ichimoku mathematics is not a holy grail to help you detect early reversal points, it only tells you that you should pay attention to the price areas with high reversal potential. In the market, predicting an event is even more important than forecasting it (because forecasts are often wrong, while predictions give you many scenarios to prepare). An example with the AUDUSD daily chart, here you can observe: AB = 41 (move 41 candles before reversal)BC = 16 (16 candles before reversal)CD = 26 candles.DE = 18 candles (17+1)EF = 26 candles. This is just a small example so it may not be accurate if you observe many different charts, so consider this as a reference example. Some interesting information you can refer to when applying Ichimoku is that JPY pairs often react more strongly to Ichimoku than other pairs, perhaps because many Japanese traders use Ichimoku in trading? In summary, although this is just an introduction to Ichimoku, I want everyone to understand that Ichimoku is not just a theory of 5 basic lines (Kijun Sen, Tenkan Sen, etc.), it is a solid theory built on mathematics, price theory, and wave theory. Ichimoku itself is already a standalone system and method, without the need to combine with any other methods. Goichi Hosada once said about this in the mid-80s: "Among 10,000 people who use Ichimoku, perhaps only 10 truly understand Ichimoku." I hope the article has helped clarify issues when using Ichimoku, see you in the next article. #Lcademy #BlockchainJob #CryptoJob #KOLcrypto #Eirango

Ichimoku Arithmetic Theory - basic concepts to know

Ichimoku Arithmetic Theory - basic concepts to know
Any Trader who are using Ichimoku for trading or interested in Ichimoku, this is an article that cannot be missed. The article will discuss issues related to time frame, cycle, how to set parameters for Ichimoku.
As you know, Ichimoku is known for its 5 basic lines:
Tenkan Sen.Kijun Sen.Senkou Span A (part of Kumo cloud).Senkou Span B (another part of Kumo cloud).Chikou Span.
1. Ichimoku Numerology - The Three Basic Pillars
Over 95% of Traders, trading teachers, and analysts consider the aforementioned 5 lines as the basic factor of Ichimoku. But in reality, that's not correct. The basis of Ichimoku includes 3 main pillars listed below:
Ichimoku Numerology Theory.Ichimoku Wave Theory.Ichimoku Price Theory.
These are the 3 main pillars that make up the basis of Ichimoku, but the root of all these 3 pillars comes from the numerology theory of Ichimoku.
Goichi Hosada (inventor of Ichimoku) spent more than 4 years researching and developing Ichimoku based on numerical theory. He researched many theories from the East to the West, and finally settled on 3 numbers that he thought were most important to Ichimoku. You may also know about these 3 numbers: they are 9, 17 and 26. This is why the Kijun Sen line is set with a 26 cycle, number 26 is related to Goichi's own work, not related to 6 trading days in a week in the Japanese financial market (and many traders misunderstand this issue). This means that no matter what time frame you are using to trade, the parameters of Ichimoku need to be kept intact as the original.
2. Ichimoku Numerology - the principle of 10 numbers
You know that there are 3 most important numbers in Ichimoku, but the system of Ichimoku has a total of 10 numbers, including the following numbers (please read carefully, I will explain clearly in the section below):
9 -17 - 26 are the 3 most important numbers.Other numbers include: 33 - 42 - 65 - 76 - 129 -172 - 200 - 257
Now you can try a calculation as follows:
Take 9 + 17, get 26.Take 26 + 17 = 42 +1Take 33 + 9 = 42.Take 33 x 2 = 65 +1Take 42 + 33 = 76 -1Take 65 × 2 = 129 + 1.Take 129 + 42 = 172-1.
So, all these numbers are closely related to each other.
3. Applying Ichimoku Mathematics in Practice
Ideally, Traders should use mathematical theories in combination with the remaining two pillars of Ichimoku, which are price theory and wave theory. However, due to the limitations of the article, I will only mention the most basic way to apply the theory to find reversal points. The easiest example to understand is that you will see the price behavior usually reacts very strongly to the numbers of Ichimoku. Of course, Ichimoku mathematics is not a holy grail to help you detect early reversal points, it only tells you that you should pay attention to the price areas with high reversal potential. In the market, predicting an event is even more important than forecasting it (because forecasts are often wrong, while predictions give you many scenarios to prepare).
An example with the AUDUSD daily chart, here you can observe:

AB = 41 (move 41 candles before reversal)BC = 16 (16 candles before reversal)CD = 26 candles.DE = 18 candles (17+1)EF = 26 candles.
This is just a small example so it may not be accurate if you observe many different charts, so consider this as a reference example. Some interesting information you can refer to when applying Ichimoku is that JPY pairs often react more strongly to Ichimoku than other pairs, perhaps because many Japanese traders use Ichimoku in trading?
In summary, although this is just an introduction to Ichimoku, I want everyone to understand that Ichimoku is not just a theory of 5 basic lines (Kijun Sen, Tenkan Sen, etc.), it is a solid theory built on mathematics, price theory, and wave theory. Ichimoku itself is already a standalone system and method, without the need to combine with any other methods. Goichi Hosada once said about this in the mid-80s: "Among 10,000 people who use Ichimoku, perhaps only 10 truly understand Ichimoku."
I hope the article has helped clarify issues when using Ichimoku, see you in the next article.

#Lcademy #BlockchainJob #CryptoJob #KOLcrypto #Eirango
Saga vs. Cosmos: A Technical and Efficiency ShowdownBoth Saga and Cosmos tackle blockchain scalability, but they approach it differently. Let's delve into the technical aspects and efficiency comparisons: Technical Comparison: Core Architecture:Cosmos: Cosmos operates as a network of independent blockchains built using the Cosmos SDK. Each blockchain defines its own consensus mechanism, governance structure, and functionalities.Saga: Saga utilizes a centralized Mainnet with application-specific Chainlets built on top. Chainlets leverage functionalities of the Mainnet but operate with some degree of customization.Scalability:Cosmos: Achieves scalability through horizontal scaling, meaning more independent blockchains can be added to the network. However, managing interoperability and security across a vast network of independent blockchains can be complex.Saga: Achieves scalability through its Chainlet architecture. Each Chainlet handles a specific workload, distributing traffic and theoretically enabling "infinite" scalability. However, security relies heavily on the Saga Mainnet, introducing a single point of potential vulnerability.Developer Experience:Cosmos: Requires developers to have a deeper understanding of blockchain protocols and consensus mechanisms to build custom blockchains using the Cosmos SDK.Saga: Aims to simplify development by providing pre-built functionalities and potentially an abstraction layer, lowering the technical barrier for developers to create Chainlets. Efficiency Comparison: Transaction Processing:Cosmos: Inter-blockchain communication (IBC) between Cosmos blockchains can introduce additional latency compared to internal processing within a single Chainlet on Saga. Saga could potentially offer faster transaction speeds due to reduced congestion on the Mainnet compared to communication overhead in Cosmos.Saga: Efficiency depends on the specific Chainlet design. Well-optimized Chainlets could outperform generic Cosmos blockchains, but poorly designed Chainlets could struggle with efficiency.Security:Cosmos: Relies on a network of validators securing each individual blockchain. Security can be robust if enough validators participate, but compromised validators on one chain wouldn't necessarily affect others.Saga: Security hinges heavily on the security of the Saga Mainnet. If the Mainnet is compromised, all Chainlets would be vulnerable. However, Cosmos requires independent validation across every chain, which can be resource-intensive. Choosing Between Saga and Cosmos: Cosmos: Ideal for developers seeking complete control and flexibility over building independent custom blockchains with potentially higher security guarantees (if properly secured).Saga: Well-suited for developers creating highly scalable and application-specific blockchains where ease of development and potentially faster transaction speeds are priorities. However, relying on the Saga Mainnet introduces a single point of vulnerability. Ultimately, the best choice depends on the specific project requirements and developer priorities. #Lcademy #BlockchainJob #CrytpoJob #KOLcrypto #SAGALAUNCHPOOL

Saga vs. Cosmos: A Technical and Efficiency Showdown

Both Saga and Cosmos tackle blockchain scalability, but they approach it differently. Let's delve into the technical aspects and efficiency comparisons:
Technical Comparison:
Core Architecture:Cosmos: Cosmos operates as a network of independent blockchains built using the Cosmos SDK. Each blockchain defines its own consensus mechanism, governance structure, and functionalities.Saga: Saga utilizes a centralized Mainnet with application-specific Chainlets built on top. Chainlets leverage functionalities of the Mainnet but operate with some degree of customization.Scalability:Cosmos: Achieves scalability through horizontal scaling, meaning more independent blockchains can be added to the network. However, managing interoperability and security across a vast network of independent blockchains can be complex.Saga: Achieves scalability through its Chainlet architecture. Each Chainlet handles a specific workload, distributing traffic and theoretically enabling "infinite" scalability. However, security relies heavily on the Saga Mainnet, introducing a single point of potential vulnerability.Developer Experience:Cosmos: Requires developers to have a deeper understanding of blockchain protocols and consensus mechanisms to build custom blockchains using the Cosmos SDK.Saga: Aims to simplify development by providing pre-built functionalities and potentially an abstraction layer, lowering the technical barrier for developers to create Chainlets.
Efficiency Comparison:
Transaction Processing:Cosmos: Inter-blockchain communication (IBC) between Cosmos blockchains can introduce additional latency compared to internal processing within a single Chainlet on Saga. Saga could potentially offer faster transaction speeds due to reduced congestion on the Mainnet compared to communication overhead in Cosmos.Saga: Efficiency depends on the specific Chainlet design. Well-optimized Chainlets could outperform generic Cosmos blockchains, but poorly designed Chainlets could struggle with efficiency.Security:Cosmos: Relies on a network of validators securing each individual blockchain. Security can be robust if enough validators participate, but compromised validators on one chain wouldn't necessarily affect others.Saga: Security hinges heavily on the security of the Saga Mainnet. If the Mainnet is compromised, all Chainlets would be vulnerable. However, Cosmos requires independent validation across every chain, which can be resource-intensive.
Choosing Between Saga and Cosmos:
Cosmos: Ideal for developers seeking complete control and flexibility over building independent custom blockchains with potentially higher security guarantees (if properly secured).Saga: Well-suited for developers creating highly scalable and application-specific blockchains where ease of development and potentially faster transaction speeds are priorities. However, relying on the Saga Mainnet introduces a single point of vulnerability.
Ultimately, the best choice depends on the specific project requirements and developer priorities.

#Lcademy #BlockchainJob #CrytpoJob #KOLcrypto #SAGALAUNCHPOOL
Omni Network: Revolutionizing Web3 with Seamless InteroperabilityOmni Network: Revolutionizing Web3 with Seamless Interoperability In the fast-paced world of blockchain technology, interoperability stands as a crucial bridge between various decentralized networks. Enter Omni Network, the latest addition to the Web3 landscape, now making waves with its innovative approach to enhancing blockchain interoperability. Launched recently on Binance Launchpool, Omni Network is poised to redefine how decentralized applications (DApps) interact within the Ethereum ecosystem and beyond. Breaking Down the Boundaries At the heart of Omni Network lies its mission to seamlessly connect layer 2 solutions within the Ethereum ecosystem. Traditionally, navigating through different blockchain layers posed challenges, often requiring complex bridge mechanisms. However, Omni Network disrupts this narrative by introducing a novel solution. By leveraging its cutting-edge technology, Omni facilitates smooth interaction between various layer 2 solutions, paving the way for uninterrupted data and asset transfers across the Ethereum network. Elevating Ethereum's Role Ethereum has long been hailed as the backbone of decentralized applications. However, scalability and interoperability have been persistent challenges. Omni Network steps in to address these issues, aiming to restore Ethereum's prominence as the unified operating system for decentralized applications. With Omni's infrastructure, developers gain a centralized platform to build and deploy DApps seamlessly, harnessing Ethereum's vast ecosystem without the constraints of traditional limitations. Privacy and Security at the Core Privacy and security are paramount in the decentralized world. Omni Network embraces this ethos by providing robust privacy features and security enhancements. Its unique architecture ensures user data remains confidential while enabling secure transactions across the network. By integrating advanced encryption techniques, Omni Network establishes itself as a reliable platform for users and developers alike, fostering trust and confidence in the Web3 landscape. A Trailblazing Journey Backed by a successful private token sale, Omni Network has garnered significant attention within the blockchain community. Its recent launch on Binance Launchpool signifies a new chapter in its journey towards revolutionizing Web3. As users stake their tokens on the platform, anticipation grows for the forthcoming airdrops and the potential of Omni Network to reshape the blockchain landscape. Looking Ahead As the Web3 ecosystem continues to evolve, projects like Omni Network play a pivotal role in shaping its future. With its commitment to scalability, interoperability, privacy, and security, Omni Network is set to leave an indelible mark on the blockchain industry. As users and developers embark on this journey together, the promise of a decentralized, interconnected world becomes increasingly tangible, thanks to Omni Network's visionary approach. #Lcademy #BlockchainJob #CryptoJob #KOLcrypto #Eirango

Omni Network: Revolutionizing Web3 with Seamless Interoperability

Omni Network: Revolutionizing Web3 with Seamless Interoperability
In the fast-paced world of blockchain technology, interoperability stands as a crucial bridge between various decentralized networks. Enter Omni Network, the latest addition to the Web3 landscape, now making waves with its innovative approach to enhancing blockchain interoperability. Launched recently on Binance Launchpool, Omni Network is poised to redefine how decentralized applications (DApps) interact within the Ethereum ecosystem and beyond.
Breaking Down the Boundaries
At the heart of Omni Network lies its mission to seamlessly connect layer 2 solutions within the Ethereum ecosystem. Traditionally, navigating through different blockchain layers posed challenges, often requiring complex bridge mechanisms. However, Omni Network disrupts this narrative by introducing a novel solution. By leveraging its cutting-edge technology, Omni facilitates smooth interaction between various layer 2 solutions, paving the way for uninterrupted data and asset transfers across the Ethereum network.
Elevating Ethereum's Role
Ethereum has long been hailed as the backbone of decentralized applications. However, scalability and interoperability have been persistent challenges. Omni Network steps in to address these issues, aiming to restore Ethereum's prominence as the unified operating system for decentralized applications. With Omni's infrastructure, developers gain a centralized platform to build and deploy DApps seamlessly, harnessing Ethereum's vast ecosystem without the constraints of traditional limitations.
Privacy and Security at the Core
Privacy and security are paramount in the decentralized world. Omni Network embraces this ethos by providing robust privacy features and security enhancements. Its unique architecture ensures user data remains confidential while enabling secure transactions across the network. By integrating advanced encryption techniques, Omni Network establishes itself as a reliable platform for users and developers alike, fostering trust and confidence in the Web3 landscape.
A Trailblazing Journey
Backed by a successful private token sale, Omni Network has garnered significant attention within the blockchain community. Its recent launch on Binance Launchpool signifies a new chapter in its journey towards revolutionizing Web3. As users stake their tokens on the platform, anticipation grows for the forthcoming airdrops and the potential of Omni Network to reshape the blockchain landscape.
Looking Ahead
As the Web3 ecosystem continues to evolve, projects like Omni Network play a pivotal role in shaping its future. With its commitment to scalability, interoperability, privacy, and security, Omni Network is set to leave an indelible mark on the blockchain industry. As users and developers embark on this journey together, the promise of a decentralized, interconnected world becomes increasingly tangible, thanks to Omni Network's visionary approach.
#Lcademy #BlockchainJob #CryptoJob #KOLcrypto #Eirango
Join the Crypto Wave: Crypto Jobs Boom in Vietnam Vietnam was the third largest cryptocurrency gainer in the world in 2023, only after the U.S. and UK, with nearly 1.2 billion USD, according to U.S. blockchain analysis firm Chainalysis. Fast-growing blockchain industry: Vietnam is a major player in the global blockchain scene, ranking among the top five countries. This rapid growth translates to a demand for skilled professionals across various blockchain applications. Exploding demand for talent: A report by LinkedIn shows a staggering 395% increase in blockchain-related job postings between 2020 and 2021. This highlights the urgent need for professionals in the field. Shortage of skilled workers: Despite Vietnam's IT prowess, there's a significant gap between available talent and industry needs. The Ministry of Information and Communications estimates a shortfall of 1.2 million IT workers by 2025, and blockchain expertise falls within this gap. High Earning Potential: The crypto industry offers competitive salaries, making it an attractive career option for many. This further fuels the demand for skilled workers. Applications beyond finance: While finance is a major adopter of blockchain technology (over 83% in Vietnam), applications extend to supply chain management (40%) and even public services (30%). This broadens the scope of crypto jobs. The job market reflects this growth. A simple Google search for "blockchain jobs" in Vietnamese yields over 11 million results. This indicates a vibrant market for crypto-related positions. Don't miss out on this exciting wave! Here's your call to action: Upskill yourself: Take online courses, attend workshops, or pursue certifications in blockchain technology, development, or specific crypto applications like NFTs or DeFi.Network with industry leaders: Attend meetups, conferences, or join online communities to connect with professionals in the Vietnamese crypto space.Update your resume: Highlight your relevant skills and experience, even if it's not directly in crypto. Show your passion and eagerness to learn.Start your job search: Explore job boards like VietnamWorks or ITviec for blockchain-related positions. Many international companies are also looking for Vietnamese talent.Investing opportunities: When working in the crypto industry no matter what is your expertise you will have a chance to get exposure to lucrative investment opportunities that can change your life. And with the experienced team of dedicated experts at Lcademy we can help to propel you to adapt and thrive in the crypto market. What are you waiting for, Join us now! #Lcademy #BlockchainJob #CryptoJob #KOLcrypto

Join the Crypto Wave: Crypto Jobs Boom in Vietnam

Vietnam was the third largest cryptocurrency gainer in the world in 2023, only after the U.S. and UK, with nearly 1.2 billion USD, according to U.S. blockchain analysis firm Chainalysis.
Fast-growing blockchain industry: Vietnam is a major player in the global blockchain scene, ranking among the top five countries. This rapid growth translates to a demand for skilled professionals across various blockchain applications.
Exploding demand for talent: A report by LinkedIn shows a staggering 395% increase in blockchain-related job postings between 2020 and 2021. This highlights the urgent need for professionals in the field.
Shortage of skilled workers: Despite Vietnam's IT prowess, there's a significant gap between available talent and industry needs. The Ministry of Information and Communications estimates a shortfall of 1.2 million IT workers by 2025, and blockchain expertise falls within this gap.
High Earning Potential: The crypto industry offers competitive salaries, making it an attractive career option for many. This further fuels the demand for skilled workers.
Applications beyond finance: While finance is a major adopter of blockchain technology (over 83% in Vietnam), applications extend to supply chain management (40%) and even public services (30%). This broadens the scope of crypto jobs.
The job market reflects this growth. A simple Google search for "blockchain jobs" in Vietnamese yields over 11 million results. This indicates a vibrant market for crypto-related positions.
Don't miss out on this exciting wave! Here's your call to action:
Upskill yourself: Take online courses, attend workshops, or pursue certifications in blockchain technology, development, or specific crypto applications like NFTs or DeFi.Network with industry leaders: Attend meetups, conferences, or join online communities to connect with professionals in the Vietnamese crypto space.Update your resume: Highlight your relevant skills and experience, even if it's not directly in crypto. Show your passion and eagerness to learn.Start your job search: Explore job boards like VietnamWorks or ITviec for blockchain-related positions. Many international companies are also looking for Vietnamese talent.Investing opportunities: When working in the crypto industry no matter what is your expertise you will have a chance to get exposure to lucrative investment opportunities that can change your life.
And with the experienced team of dedicated experts at Lcademy we can help to propel you to adapt and thrive in the crypto market. What are you waiting for, Join us now!
#Lcademy #BlockchainJob #CryptoJob #KOLcrypto
Mid-term view $BTC ▫️Currently, after $BTC had an ATH and surpassed the 74k mark, leading to market FOMO, Bigboy cleverly trapped all the FOMO brothers at the top and adjusted sharply. ▫️In recent days, $BTC has continuously had a decreasing structure on H4 and D1 with gradually lower highs and lows. There are no signs of significant recovery. ▫️Closing the weekly candle is a relatively large volume Doji candle, showing that there is profit-taking selling pressure at the ATH area of $BTC. The daily frame also closed the candle below 69k (the peak of the old cycle). Absolutely not good signs. ▫️The important reversal zones are 59k2 and especially safe for you to get on board is at the 46k mark. #Lcademy #Eirango #BlockchainJob #Cryptojob #KOLcrypto
Mid-term view $BTC

▫️Currently, after $BTC had an ATH and surpassed the 74k mark, leading to market FOMO, Bigboy cleverly trapped all the FOMO brothers at the top and adjusted sharply.

▫️In recent days, $BTC has continuously had a decreasing structure on H4 and D1 with gradually lower highs and lows. There are no signs of significant recovery.

▫️Closing the weekly candle is a relatively large volume Doji candle, showing that there is profit-taking selling pressure at the ATH area of $BTC . The daily frame also closed the candle below 69k (the peak of the old cycle). Absolutely not good signs.

▫️The important reversal zones are 59k2 and especially safe for you to get on board is at the 46k mark.

#Lcademy #Eirango #BlockchainJob #Cryptojob #KOLcrypto
Failure Swing of RSI: Trade the Wilder Way!Developed by J. Welles Wilder, Jr. in the 1970s, the Relative Strength Index (RSI) helps quantify price changes and their momentum. The Relative Strength Index, commonly known as RSI, is one of the most popular momentum oscillators used by technical traders worldwide. Today, we'll discuss a special technique called the Failure Swing of RSI that Wilder noted in his research. He emphasized that a Failure Swing appearing above 70 or below 30 is a very strong sign of trend reversal. 1. Failure swing at the top: A Failure swing at the top occurs when prices create a higher high, but RSI fails to make a higher high and falls below the nearest swing low (the failure point) of the indicator - it triggers a sell signal. A stronger probability signal is when the first peak of the RSI indicator surpasses the 70 level while the second peak oscillates below 70. 2. Failure swing at the bottom: A Failure swing at the bottom occurs when prices create a lower low, but RSI fails to make a lower low and rises above the nearest swing high (the failure point) of the indicator - it triggers a buy signal. A stronger probability signal is when the first trough of the RSI indicator falls below the oversold 30 level while the second trough oscillates above 30. 3. How is Failure Swing used? RSI Failure Swing is used to initiate buy/sell positions by predicting trend reversals. This means positions are opened in the current trend and the upcoming (just formed) trend. When the indicator creates a lower peak, or failure in an uptrend, or a higher trough, or failure in a downtrend, entry points are signaled by this indicator. In an uptrend, traders can enter a sell position, and in a downtrend, traders can enter a buy position. This method can also be used as an exit position if you have bought into an uptrend or sold in a downtrend. Let's look at an example to see it more clearly: In the examples above, we can see the reversal forming immediately after the Failure Swings are formed (RSI breaking out of the nearest highs/lows). It's also important to note that Failure swings differ from divergence signals, divergence signals have a larger breadth (time) whereas Failure Swings typically resemble small M or W shapes with peaks close to each other. I hope after this article, you will have another way to trade with RSI. You can exploit it in any direction you desire, whether to enter trades or to take profit (predict reversals). #Lcademy #Eirango #BlockchainJob #CryptoJob #KOLcrypto

Failure Swing of RSI: Trade the Wilder Way!

Developed by J. Welles Wilder, Jr. in the 1970s, the Relative Strength Index (RSI) helps quantify price changes and their momentum. The Relative Strength Index, commonly known as RSI, is one of the most popular momentum oscillators used by technical traders worldwide.
Today, we'll discuss a special technique called the Failure Swing of RSI that Wilder noted in his research. He emphasized that a Failure Swing appearing above 70 or below 30 is a very strong sign of trend reversal.
1. Failure swing at the top:
A Failure swing at the top occurs when prices create a higher high, but RSI fails to make a higher high and falls below the nearest swing low (the failure point) of the indicator - it triggers a sell signal.

A stronger probability signal is when the first peak of the RSI indicator surpasses the 70 level while the second peak oscillates below 70.
2. Failure swing at the bottom:
A Failure swing at the bottom occurs when prices create a lower low, but RSI fails to make a lower low and rises above the nearest swing high (the failure point) of the indicator - it triggers a buy signal.

A stronger probability signal is when the first trough of the RSI indicator falls below the oversold 30 level while the second trough oscillates above 30.
3. How is Failure Swing used?
RSI Failure Swing is used to initiate buy/sell positions by predicting trend reversals. This means positions are opened in the current trend and the upcoming (just formed) trend.
When the indicator creates a lower peak, or failure in an uptrend, or a higher trough, or failure in a downtrend, entry points are signaled by this indicator.
In an uptrend, traders can enter a sell position, and in a downtrend, traders can enter a buy position.
This method can also be used as an exit position if you have bought into an uptrend or sold in a downtrend.
Let's look at an example to see it more clearly:

In the examples above, we can see the reversal forming immediately after the Failure Swings are formed (RSI breaking out of the nearest highs/lows).
It's also important to note that Failure swings differ from divergence signals, divergence signals have a larger breadth (time) whereas Failure Swings typically resemble small M or W shapes with peaks close to each other.
I hope after this article, you will have another way to trade with RSI. You can exploit it in any direction you desire, whether to enter trades or to take profit (predict reversals).

#Lcademy #Eirango #BlockchainJob #CryptoJob #KOLcrypto
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