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Here's the plan and expectations: - For those who are low on funds and only hold Altcoins, holding onto them is the best option. You can switch between Altcoins since many are declining similarly, but be cautious to avoid further losses. - For those holding BTC and still have capital, it's a good time to consider expanding into Altcoins when their prices and market caps reach reasonable levels compared to their value. - You can split your purchases into two phases: buying one part now and waiting for another potential crash to buy the remaining part. This could be when Altcoins return to previous lows or slightly deeper. - Those familiar with technical analysis should watch for signs of reversal, like RSI divergence on the H4 timeframe, or a complete reversal in the H4 structure before starting to buy. #Lcademy #BlockchainJob #CryptoJob
Here's the plan and expectations:

- For those who are low on funds and only hold Altcoins, holding onto them is the best option. You can switch between Altcoins since many are declining similarly, but be cautious to avoid further losses.

- For those holding BTC and still have capital, it's a good time to consider expanding into Altcoins when their prices and market caps reach reasonable levels compared to their value.

- You can split your purchases into two phases: buying one part now and waiting for another potential crash to buy the remaining part. This could be when Altcoins return to previous lows or slightly deeper.

- Those familiar with technical analysis should watch for signs of reversal, like RSI divergence on the H4 timeframe, or a complete reversal in the H4 structure before starting to buy.

#Lcademy #BlockchainJob #CryptoJob
💰 The trading session on July 23rd marked the end of a 12-day positive streak for BTC spot ETFs. - BlackRock (IBIT): +$71.9M - Bitwise (BITB): -$70.3M - ARK (ARKB): -$52.3M - Grayscale (GBTC): -$27.3M - Fidelity (FBTC): 0.0 - VanEck (HODL): 0.0 - Valkyrie (BRRR): 0.0 - WisdomTree (BTCW): 0.0 - Franklin (EZBC): 0.0 - Invesco (BTCO): 0.0 TOTAL: -$78M 🔤 Meanwhile, the first trading session for $ETH Spot ETFs has confirmed a positive inflow of $106.6M - BlackRock (ETHA): +$266.5M - Bitwise (ETHW): +$204.0M - Fidelity (FETH): +$71.3M - Grayscale Mini (ETH): +$15.1M - Franklin (EZET): +$13.2M - VanEck (ETHV): +$7.6M - 21Shares (CETH): +$7.5M - Invesco (QETH): +$5.5M - Grayscale (ETHE): -$484.1M TOTAL: +$106.6M From today onwards, $BTC might begin a correction phase after the recent 10k surge, making room for $ETH. #Lcagency #blockchainvietnam #CryptoJob #KOLcrypto
💰 The trading session on July 23rd marked the end of a 12-day positive streak for BTC spot ETFs.
- BlackRock (IBIT): +$71.9M
- Bitwise (BITB): -$70.3M
- ARK (ARKB): -$52.3M
- Grayscale (GBTC): -$27.3M
- Fidelity (FBTC): 0.0
- VanEck (HODL): 0.0
- Valkyrie (BRRR): 0.0
- WisdomTree (BTCW): 0.0
- Franklin (EZBC): 0.0
- Invesco (BTCO): 0.0
TOTAL: -$78M
🔤 Meanwhile, the first trading session for $ETH Spot ETFs has confirmed a positive inflow of $106.6M
- BlackRock (ETHA): +$266.5M
- Bitwise (ETHW): +$204.0M
- Fidelity (FETH): +$71.3M
- Grayscale Mini (ETH): +$15.1M
- Franklin (EZET): +$13.2M
- VanEck (ETHV): +$7.6M
- 21Shares (CETH): +$7.5M
- Invesco (QETH): +$5.5M
- Grayscale (ETHE): -$484.1M
TOTAL: +$106.6M
From today onwards, $BTC might begin a correction phase after the recent 10k surge, making room for $ETH.
#Lcagency #blockchainvietnam #CryptoJob #KOLcrypto
If we believe in cycles, then July will be a month of growth. Many comparisons show that this period in 2024 is very similar to the end of 2020. This means that the cyclical pattern is still being maintained (even though $BTC is in an uptrend about 3 months earlier than expected). $BTC has been sideways for nearly 4 months now. Break-out soon 🙏 --- #Lcagency #blockchainvietnam #CryptoJob #KOLcrypto
If we believe in cycles, then July will be a month of growth.
Many comparisons show that this period in 2024 is very similar to the end of 2020. This means that the cyclical pattern is still being maintained (even though $BTC is in an uptrend about 3 months earlier than expected).
$BTC has been sideways for nearly 4 months now. Break-out soon 🙏
---
#Lcagency #blockchainvietnam #CryptoJob #KOLcrypto
The PCE index is coming out tonight; I wonder where $BTC will go 🔥 To be honest, analyzing macroeconomic indicators at the moment is mainly about whether the bias is bullish or bearish. For example, if the sentiment is bullish 💪: - PCE index decreases => FED will lower interest rates soon => asset classes rise. - PCE index increases => inflation is not good => currency devalues => hold safe assets (asset classes rise). For example, if the sentiment is bearish 👎: - PCE index decreases => inflation decreases, meaning the currency does not devalue => cash is king => cash-out. - PCE index increases => currency devalues => FED continues to maintain high-interest rates => market crash 😂 Therefore, it's all about what the media wants to convey to you. #Lcagency #BlockchainJob #CryptoJob #KOLcrypto
The PCE index is coming out tonight; I wonder where $BTC will go 🔥
To be honest, analyzing macroeconomic indicators at the moment is mainly about whether the bias is bullish or bearish.
For example, if the sentiment is bullish 💪:
- PCE index decreases => FED will lower interest rates soon => asset classes rise.
- PCE index increases => inflation is not good => currency devalues => hold safe assets (asset classes rise).
For example, if the sentiment is bearish 👎:
- PCE index decreases => inflation decreases, meaning the currency does not devalue => cash is king => cash-out.
- PCE index increases => currency devalues => FED continues to maintain high-interest rates => market crash 😂
Therefore, it's all about what the media wants to convey to you.
#Lcagency #BlockchainJob #CryptoJob #KOLcrypto
Last night, I dreamed about making x125 leverage trades on Binance, and this morning, I woke up to a gift from #Binance . Looks like the dream is about to become a reality 😆😆😆. Our team has both traders and ref runners. We train new traders in this market from A to Z and train BD folks from A to Á 😆. When it comes to tools, we support you from A to X, but for Y and Z, you'll have to join us for a wild night out to get the info 😆. Thank you, Binance Vietnam, for sponsoring Eira's travels around the world 🥰🥰🥰. #Lcagency #blockchainvietnam #CryptoJob #KOLcrypto
Last night, I dreamed about making x125 leverage trades on Binance, and this morning, I woke up to a gift from #Binance . Looks like the dream is about to become a reality 😆😆😆. Our team has both traders and ref runners. We train new traders in this market from A to Z and train BD folks from A to Á 😆.
When it comes to tools, we support you from A to X, but for Y and Z, you'll have to join us for a wild night out to get the info 😆.
Thank you, Binance Vietnam, for sponsoring Eira's travels around the world 🥰🥰🥰.
#Lcagency #blockchainvietnam #CryptoJob #KOLcrypto
Tensor is an NFT MarketplaceTensor is an NFT marketplace known for its speed and catering to experienced traders. Here's a breakdown of its key features: Speed:  They claim to be the fastest NFT trading platform on Solana. This translates to quicker trade execution and potentially better opportunities for power users. Deep Liquidity: They boast the deepest liquidity on Solana, which essentially means there are more buyers and sellers readily available, making it easier to find a match for your NFT trades. Advanced Features:  They provide a range of functionalities beyond basic buying and selling. This includes: Real-time market data with up-to-date information on NFT prices. Historical price charts to analyze trends and make informed decisions. Automated Market Maker (AMM) pools for NFTs, allowing for continuous buying and selling without needing another party. Bulk actions for listing, delisting, bidding, and sweeping NFTs (buying multiple NFTs at once). Support for market-making orders which can provide additional income for experienced traders. Collection-wide bids, letting you place a bid on any NFT from a particular collection. Price Lock: This is a new feature allowing users to essentially speculate on NFT prices. You can lock in a price for a specific NFT, either betting it will go up (long) or down (short). Rewards:  They offer rewards for users who actively trade on their platform. The exact nature of these rewards may change. Potential Differentiators from competitors: Focus on Experienced Users: Compared to platforms designed for a broader audience, Tensor.trade's emphasis on advanced features and speed suggests a focus on experienced traders seeking more control and flexibility. Tailored for Solana: Built specifically for the Solana blockchain, Tensor.trade might benefit from Solana's faster transaction speeds and lower fees compared to some other blockchains. Overall, Tensor.trade positions itself as a powerful NFT trading platform for experienced users on Solana. Their focus on speed, deep liquidity, and advanced features makes them a strong contender for traders who want more control and flexibility over their NFT transactions. #Lcademy #BlockchainJob #CryptoJob #KOLcrypto

Tensor is an NFT Marketplace

Tensor is an NFT marketplace known for its speed and catering to experienced traders. Here's a breakdown of its key features:
Speed:  They claim to be the fastest NFT trading platform on Solana. This translates to quicker trade execution and potentially better opportunities for power users.
Deep Liquidity: They boast the deepest liquidity on Solana, which essentially means there are more buyers and sellers readily available, making it easier to find a match for your NFT trades.
Advanced Features:  They provide a range of functionalities beyond basic buying and selling. This includes:
Real-time market data with up-to-date information on NFT prices.
Historical price charts to analyze trends and make informed decisions.
Automated Market Maker (AMM) pools for NFTs, allowing for continuous buying and selling without needing another party.
Bulk actions for listing, delisting, bidding, and sweeping NFTs (buying multiple NFTs at once).
Support for market-making orders which can provide additional income for experienced traders.
Collection-wide bids, letting you place a bid on any NFT from a particular collection.
Price Lock: This is a new feature allowing users to essentially speculate on NFT prices. You can lock in a price for a specific NFT, either betting it will go up (long) or down (short).
Rewards:  They offer rewards for users who actively trade on their platform. The exact nature of these rewards may change.
Potential Differentiators from competitors:
Focus on Experienced Users: Compared to platforms designed for a broader audience, Tensor.trade's emphasis on advanced features and speed suggests a focus on experienced traders seeking more control and flexibility.
Tailored for Solana: Built specifically for the Solana blockchain, Tensor.trade might benefit from Solana's faster transaction speeds and lower fees compared to some other blockchains.
Overall, Tensor.trade positions itself as a powerful NFT trading platform for experienced users on Solana. Their focus on speed, deep liquidity, and advanced features makes them a strong contender for traders who want more control and flexibility over their NFT transactions.
#Lcademy #BlockchainJob #CryptoJob #KOLcrypto
Many traders are curious whether the upcoming token unlock for $SUI is something to be worried about. Personally, I believe token unlocks for developers and project funds aren't necessarily cause for concern. With a stash of tokens already in their possession, they are incentivized to actively seek ways to "sell the product!" – essentially, marketing and promotion. The best marketing approach for a reputable project like this is to let the price action speak for itself. As the price rises, liquidity increases, especially with the OTC market seeing significant development. This scenario isn't unique to $SUI; other altcoins backed by VCs and market makers will likely follow a similar pattern. $OP serves as a prime example: after its unlock, it underwent an accumulation phase for about two months before hitting its all-time high! This might resonate most with those who have been in the industry for a while and have built numerous relationships! I've witnessed many skilled traders who excel at finding promising coins and identifying trends but still struggle to achieve substantial results with their trading approach! Then, when the market turns against them, and they start losing on subsequent trades, they have to start over from scratch! Most of the big winners in crypto tend to adopt a conservative approach, buying only a few tokens when they're cheap and selling when they're high, without overly trading! So, it's best for most of us retail traders to opt for a strategy of buying at low price levels, despite the common misconception that cryptocurrencies are scams! Think like the whales: accumulate slowly and sell slowly – avoid selling everything at once, because if you sell everything and the market continues to rise for another 3-5 months, you're likely to get back in at the top! And if you've been selling gradually, by the time you reach half to one-third of your target, you can already start taking profits and securing your initial investment! #Lcademy #BlockchainJob #CryptoJob #KOLcrypto
Many traders are curious whether the upcoming token unlock for $SUI is something to be worried about.
Personally, I believe token unlocks for developers and project funds aren't necessarily cause for concern. With a stash of tokens already in their possession, they are incentivized to actively seek ways to "sell the product!" – essentially, marketing and promotion.
The best marketing approach for a reputable project like this is to let the price action speak for itself. As the price rises, liquidity increases, especially with the OTC market seeing significant development.
This scenario isn't unique to $SUI ; other altcoins backed by VCs and market makers will likely follow a similar pattern. $OP serves as a prime example: after its unlock, it underwent an accumulation phase for about two months before hitting its all-time high!
This might resonate most with those who have been in the industry for a while and have built numerous relationships!
I've witnessed many skilled traders who excel at finding promising coins and identifying trends but still struggle to achieve substantial results with their trading approach!
Then, when the market turns against them, and they start losing on subsequent trades, they have to start over from scratch!
Most of the big winners in crypto tend to adopt a conservative approach, buying only a few tokens when they're cheap and selling when they're high, without overly trading!
So, it's best for most of us retail traders to opt for a strategy of buying at low price levels, despite the common misconception that cryptocurrencies are scams!
Think like the whales: accumulate slowly and sell slowly – avoid selling everything at once, because if you sell everything and the market continues to rise for another 3-5 months, you're likely to get back in at the top!
And if you've been selling gradually, by the time you reach half to one-third of your target, you can already start taking profits and securing your initial investment!

#Lcademy #BlockchainJob #CryptoJob #KOLcrypto
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
**End of the Bull Run in Fear?** The current price action of $BTC is quite similar to the period from August to October 2023. The price is below the 200-day EMA, and the weekly candles are closing poorly. Last year, the Fear and Greed Index also dropped to the 30s - indicating Fear. Currently, this index is even worse, only reaching the 20s. Browsing through X (Twitter), I see a lot of views predicting a drop to the 50-40 range. This indicates that retail investors are truly scared and cautious now, with no more frenzied bull runs. My plan is to wait for an opportunity and dive in when the market starts to rise again. A $BTC trade above 58.5k is a positive sign, and if $BTC returns to the 65k mark, it will confirm the upward trend. I won't be bearish here. #Lcagency #BlockchainJob #CryptoJob #KOLcrypto
**End of the Bull Run in Fear?**
The current price action of $BTC is quite similar to the period from August to October 2023. The price is below the 200-day EMA, and the weekly candles are closing poorly.
Last year, the Fear and Greed Index also dropped to the 30s - indicating Fear. Currently, this index is even worse, only reaching the 20s.
Browsing through X (Twitter), I see a lot of views predicting a drop to the 50-40 range. This indicates that retail investors are truly scared and cautious now, with no more frenzied bull runs.
My plan is to wait for an opportunity and dive in when the market starts to rise again. A $BTC trade above 58.5k is a positive sign, and if $BTC returns to the 65k mark, it will confirm the upward trend.
I won't be bearish here.
#Lcagency #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
$BTC analysis on the H4 timeframe ▫️With the bullish sentiment surrounding $BTC, upcoming corrections present opportunities for us to Long $BTC and anticipate ATH. ▫️However, pay close attention to the 69k area as this could be where selling pressure kicks in strongly. This was the previous ATH and also the region that formed the downward waves recently. 👉 Hoping that $BTC will overcome this zone, and if it does, we can expect the bull run to continue for the next few months. #Lcademy #BlockchainJob #CryptoJob #KOLcrypto
$BTC analysis on the H4 timeframe
▫️With the bullish sentiment surrounding $BTC , upcoming corrections present opportunities for us to Long $BTC and anticipate ATH.
▫️However, pay close attention to the 69k area as this could be where selling pressure kicks in strongly. This was the previous ATH and also the region that formed the downward waves recently.
👉 Hoping that $BTC will overcome this zone, and if it does, we can expect the bull run to continue for the next few months.

#Lcademy #BlockchainJob #CryptoJob #KOLcrypto
There is some information on X that FTX will return money to users next month. The total amount is about 16 billion USD in cash (FTX will return cash, not crypto; the value is based on the price when $BTC was 16k...). Therefore: 👉 FTX returns cash => there is no selling pressure on any coin. 👉 Addicts tend to relapse, so if users get 16 billion USD back, they are likely to deposit it into Binance, Okx, or Coinbase, etc. #Lcagency #blockchainvietnam #CryptoJob #KOLcrypto
There is some information on X that FTX will return money to users next month. The total amount is about 16 billion USD in cash (FTX will return cash, not crypto; the value is based on the price when $BTC was 16k...).
Therefore:
👉 FTX returns cash => there is no selling pressure on any coin.
👉 Addicts tend to relapse, so if users get 16 billion USD back, they are likely to deposit it into Binance, Okx, or Coinbase, etc.
#Lcagency #blockchainvietnam #CryptoJob #KOLcrypto
Binance Launchpool announces the 50th project: Ethena (ENA), a synthetic dollar protocol built on Ethereum let's talk a little bit about the project before we dive into how to acquire some. Synthetic Dollar (USDe): Ethena's stablecoin (USDe) will be a new stablecoin solution developed based on the delta-hedging strategy.Unlike traditional stablecoins pegged to fiat currencies, USDe is a crypto-native synthetic dollar collateralized by a combination of crypto assets and short futures positions. DeFi Applications: Ethena seeks to provide various DeFi applications built around USDe. This includes a globally accessible "Internet Bond" that could function as a dollar-denominated savings instrument. 🗓 Farming period: 30/3/2024 00:00 (UTC) to 2/04/2024 00:00 (UTC) 👍 Listing: Binance will then list ENA at 2024-04-02 08:00 (UTC) and open trading with ENA/BTC, ENA/USDT, ENA/BNB, ENA/FDUSD and ENA/TRY trading pairs. ⭐️ ENA Launchpool Details: Token Name: Ethena (ENA) Max Token Supply: 15,000,000,000 ENA Launchpool Token Rewards: 300,000,000 ENA (2% of max token supply) Initial Circulating Supply: 1,425,000,000 ENA (9.5% of max token supply) Smart Contract Details: Ethereum Staking Terms: KYC required Hourly Hard Cap per User: 333,333.33 ENA in BNB pool 83,333.33 ENA in FDUSD pool 👨‍🌾Supported Pools: Stake BNB: 240,000,000 ENA in rewards (80%) Stake FDUSD: 60,000,000 ENA in rewards (20%) #Lcademy #BlockchainJob #CryptoJob #KOLcrypto
Binance Launchpool announces the 50th project: Ethena (ENA), a synthetic dollar protocol built on Ethereum let's talk a little bit about the project before we dive into how to acquire some.
Synthetic Dollar (USDe): Ethena's stablecoin (USDe) will be a new stablecoin solution developed based on the delta-hedging strategy.Unlike traditional stablecoins pegged to fiat currencies, USDe is a crypto-native synthetic dollar collateralized by a combination of crypto assets and short futures positions.
DeFi Applications: Ethena seeks to provide various DeFi applications built around USDe. This includes a globally accessible "Internet Bond" that could function as a dollar-denominated savings instrument.
🗓 Farming period: 30/3/2024 00:00 (UTC) to 2/04/2024 00:00 (UTC)
👍 Listing: Binance will then list ENA at 2024-04-02 08:00 (UTC) and open trading with ENA/BTC, ENA/USDT, ENA/BNB, ENA/FDUSD and ENA/TRY trading pairs.
⭐️ ENA Launchpool Details:
Token Name: Ethena (ENA)
Max Token Supply: 15,000,000,000 ENA
Launchpool Token Rewards: 300,000,000 ENA (2% of max token supply)
Initial Circulating Supply: 1,425,000,000 ENA (9.5% of max token supply)
Smart Contract Details: Ethereum
Staking Terms: KYC required
Hourly Hard Cap per User:
333,333.33 ENA in BNB pool
83,333.33 ENA in FDUSD pool
👨‍🌾Supported Pools:
Stake BNB: 240,000,000 ENA in rewards (80%)
Stake FDUSD: 60,000,000 ENA in rewards (20%)
#Lcademy #BlockchainJob #CryptoJob #KOLcrypto
$TAO is also a very promising AI coin that everyone should pay attention to! TAO is building a very serious AI and blockchain network, and I'm still observing and patiently waiting to accumulate more! Currently, regarding AI coins, I only bought more $WLD because the price range of 4-4.5 is a very good valuation range! The biggest FUD about TAO may be its relatively large market cap! However, I have been monitoring the project very early on, and I started buying when $TAO was at 70u, so I can guess that the reported market cap is just the total cap on paper, the actual cap is much smaller than the stated $3 billion USD by a large margin! My speculation comes from the fact that #TAO has very low liquidity compared to a project with a market cap of billions of USD! Liquidity of 2m - is this not laughable? When $TAO was first launched, its volume on Uniswap was much higher than on other DEXs! - This proves that the actual market cap of $TAO is very small! I checked on Bittensor scan, and indeed, the circulating supply is only about 900k tokens, compared to a total supply of nearly 6.6 trillion tokens! ---> So, the actual circulating supply of $TAO is currently only about 13% of the announced figure. The actual market cap of $TAO is estimated to be around $400 billion USD! Everyone should watch for a test around the $400 mark and accumulate! It's even better if it drops to $300! I used to sell at around $300, and now I have to buy back at a higher price. #Lcademy #BlockchainJob #CryptoJob #KOLcrypto
$TAO is also a very promising AI coin that everyone should pay attention to!
TAO is building a very serious AI and blockchain network, and I'm still observing and patiently waiting to accumulate more!
Currently, regarding AI coins, I only bought more $WLD because the price range of 4-4.5 is a very good valuation range!
The biggest FUD about TAO may be its relatively large market cap!
However, I have been monitoring the project very early on, and I started buying when $TAO was at 70u, so I can guess that the reported market cap is just the total cap on paper, the actual cap is much smaller than the stated $3 billion USD by a large margin!
My speculation comes from the fact that #TAO has very low liquidity compared to a project with a market cap of billions of USD!
Liquidity of 2m - is this not laughable?
When $TAO was first launched, its volume on Uniswap was much higher than on other DEXs! - This proves that the actual market cap of $TAO is very small!
I checked on Bittensor scan, and indeed, the circulating supply is only about 900k tokens, compared to a total supply of nearly 6.6 trillion tokens!
---> So, the actual circulating supply of $TAO is currently only about 13% of the announced figure.
The actual market cap of $TAO is estimated to be around $400 billion USD!
Everyone should watch for a test around the $400 mark and accumulate!
It's even better if it drops to $300!
I used to sell at around $300, and now I have to buy back at a higher price.
#Lcademy #BlockchainJob #CryptoJob #KOLcrypto
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
Real World Assets (RWAs) Take Center Stage: How Blockchain is Democratizing InvestmentThe world of finance is abuzz with a new frontier: Real World Asset (RWA) projects. By leveraging blockchain technology, these projects are transforming traditional assets like real estate, commodities, and even art into digital tokens, opening the door to a more inclusive and efficient financial system. What are RWAs and Why Do They Matter? Traditionally, investing in real estate or other high-value assets has been out of reach for many due to high entry barriers and limited liquidity. RWA tokenization changes the game. By creating digital tokens representing ownership in a physical asset, these projects unlock several advantages: Fractional Ownership: An entire building can be divided into smaller, tradable tokens, allowing more people to participate in the investment.Increased Liquidity: Tokenized assets can be traded 24/7 on global exchanges, boosting liquidity compared to traditional markets.Reduced Costs: Blockchain eliminates intermediaries, streamlining transactions and reducing associated fees.Enhanced Transparency: The immutable nature of blockchain ensures clear ownership records and audit trails. RWA Projects Leading the Charge Several innovative projects are at the forefront of the RWA revolution: Maple Finance: Provides DeFi lending for real-world borrowers, bridging the gap between traditional finance and crypto.Centrifuge: Specializes in tokenizing real-world assets like invoices and real estate, making them accessible to DeFi investors.Stardust: Focuses on fractional ownership of luxury goods like watches and handbags, democratizing access to this asset class. The Future of RWAs The potential of RWA projects is vast. They can unlock new investment opportunities for everyone, from retail investors to institutional players. Additionally, RWAs can improve access to capital for businesses and revitalize traditional financial instruments. Of course, challenges remain. Regulatory frameworks need to adapt to this evolving landscape, and ensuring the security of tokenized assets is paramount. However, the potential benefits of RWA projects are undeniable. As the technology matures and regulations catch up, we can expect RWAs to become a cornerstone of a more inclusive and efficient financial future. Here are 5 potential RWA projects that you should pay attention to Pendle ($PENDLE) Price: $4.29Market Cap: $416M What is Pendle? Pendle is a DeFi protocol built on the Ethereum blockchain that allows users to separate and trade the future yield generated by their crypto holdings. This innovative approach is achieved through yield tokenization. Here's how it works: Pendle wraps your yield-bearing tokens (like stETH) into Principal Tokens (PTs) representing the underlying asset's value and Yield Tokens (YTs) representing the future interest earned on that asset.These PTs and YTs can then be freely traded on Pendle's Automated Market Maker (AMM), enabling advanced yield strategies. Key features of Pendle: Unlocking yield potential: Pendle allows users to harvest fixed or variable yields on their crypto assets, catering to different risk preferences.Advanced yield strategies: By separating yield, Pendle empowers users to execute strategies like locking in fixed yields or betting on future yield increases.Exposure to RWA and other sectors: Pendle offers the ability to access Real-World Assets (RWA) and potentially other sectors within DeFi, showcasing its adaptability. Clearpool ($CPOOL) Price: $0.3448Market Cap: $145M What is Clearpool? Clearpool is a decentralized finance (DeFi) protocol that functions as a credit marketplace for institutional borrowers and lenders. It aims to offer an alternative to traditional lending models by leveraging blockchain technology. Here's a breakdown of Clearpool's key features: Unsecured institutional borrowing: Clearpool facilitates permissionless lending to pre-approved institutions. This means that anyone can participate as a lender on the platform.Single-borrower liquidity pools: Borrowers can create individualized liquidity pools to attract lenders. This allows for more flexible borrowing terms compared to traditional loan structures.Risk-adjusted returns: Lenders can earn interest on their loaned assets, with rates determined by the borrower's creditworthiness. This enables users to potentially gain higher returns while managing risk.CPOOL token: The $CPOOL token serves a dual role as a governance token and a utility token. Holders can participate in platform governance decisions and earn rewards through staking. Centrifuge ($CFG) Price: $1.03Market Cap: $502M What is Centrifuge? Centrifuge is a decentralized finance (DeFi) protocol that focuses on real-world asset (RWA) financing. It aims to create a more transparent and efficient system for borrowing and lending by leveraging blockchain technology. Here's how Centrifuge works: Unlocking RWA potential: Centrifuge makes it possible to tokenize real-world assets like invoices, receivables, and real estate into digital tokens. These tokens, called Asset-backed Securities (ABS), can be easily traded on DeFi marketplaces, increasing liquidity for these assets.Connecting borrowers and lenders: The platform connects borrowers who need capital with lenders seeking investment opportunities in RWAs. This can potentially provide lower borrowing costs for borrowers and attractive returns for lenders.Transparent and secure: Centrifuge utilizes blockchain technology to ensure transparency in asset origination, creditworthiness assessment, and loan performance. This fosters trust and reduces counterparty risk.$CFG token: The $CFG token is the native utility token of the Centrifuge ecosystem. It serves several purposes, including:Governance: Holders can participate in platform governance decisions.Staking: Users can stake $CFG tokens to earn rewards for validating transactions on the network.Fees: Certain fees on the platform are paid in $CFG. Ondo Finance ($ONDO) Price: $0.88Market Cap: $1.2 Billion What is Ondo Finance? Ondo Finance positions itself as a decentralized investment bank operating within the DeFi (decentralized finance) space. Their goal is to bridge the gap between traditional finance and DeFi by: Facilitating connections: Ondo acts as a bridge, connecting various stakeholders in the DeFi ecosystem. This could include lenders, borrowers, and protocol developers.Enhancing accessibility: Ondo aims to make DeFi yields more accessible to a wider audience, potentially attracting users with different risk tolerances. Here's a deeper look at Ondo's functionalities: Risk-isolated loans: Ondo facilitates the creation of fixed-yield loans that are collateralized by yield-generating crypto assets. This allows investors to earn predictable returns while mitigating risk.Diverse investment opportunities: Ondo offers a variety of investment products catering to different risk profiles. This could include low-risk, stablecoin-based products or higher-risk, yield-generating strategies.$ONDO token: The $ONDO token serves multiple purposes within the Ondo ecosystem. It functions as a:Governance token: Holders can participate in voting on key platform decisions.Utility token: Ondo might utilize $ONDO for certain fees or services within the platform. MANTRA Chain ($OM) Price: $0.75Market Cap: $609M What is MANTRA Chain? MANTRA Chain is a Layer 1 blockchain protocol specifically designed for real-world asset (RWA) tokenization. It positions itself as a bridge between traditional finance (TradFi) and decentralized finance (DeFi) by providing the necessary infrastructure to securely and compliantly tokenize real-world assets. Here's a breakdown of MANTRA Chain's key features: Security-first approach: MANTRA Chain prioritizes security and regulatory compliance, making it suitable for institutions venturing into DeFi with RWA tokenization.RWA tokenization infrastructure: The platform offers tools and functionalities specifically designed to facilitate the creation and management of RWA token offerings.Interoperability: Built on the Cosmos SDK, MANTRA Chain benefits from interoperability with other blockchains within the Cosmos ecosystem through IBC (Inter-Blockchain Communication). This enables seamless transfer of assets and data between different blockchains.$OM token: The $OM token serves several purposes within the MANTRA Chain ecosystem, including:Staking: Users can stake $OM tokens to participate in network security and earn rewards.Governance: Holders can participate in voting on platform upgrades and proposals.Fees: Certain fees on the platform might be paid in $OM. #Lcademy #BlockchainJob #CryptoJob #KolCrytpo

Real World Assets (RWAs) Take Center Stage: How Blockchain is Democratizing Investment

The world of finance is abuzz with a new frontier: Real World Asset (RWA) projects. By leveraging blockchain technology, these projects are transforming traditional assets like real estate, commodities, and even art into digital tokens, opening the door to a more inclusive and efficient financial system.
What are RWAs and Why Do They Matter?
Traditionally, investing in real estate or other high-value assets has been out of reach for many due to high entry barriers and limited liquidity. RWA tokenization changes the game. By creating digital tokens representing ownership in a physical asset, these projects unlock several advantages:
Fractional Ownership: An entire building can be divided into smaller, tradable tokens, allowing more people to participate in the investment.Increased Liquidity: Tokenized assets can be traded 24/7 on global exchanges, boosting liquidity compared to traditional markets.Reduced Costs: Blockchain eliminates intermediaries, streamlining transactions and reducing associated fees.Enhanced Transparency: The immutable nature of blockchain ensures clear ownership records and audit trails.
RWA Projects Leading the Charge
Several innovative projects are at the forefront of the RWA revolution:
Maple Finance: Provides DeFi lending for real-world borrowers, bridging the gap between traditional finance and crypto.Centrifuge: Specializes in tokenizing real-world assets like invoices and real estate, making them accessible to DeFi investors.Stardust: Focuses on fractional ownership of luxury goods like watches and handbags, democratizing access to this asset class.
The Future of RWAs
The potential of RWA projects is vast. They can unlock new investment opportunities for everyone, from retail investors to institutional players. Additionally, RWAs can improve access to capital for businesses and revitalize traditional financial instruments.
Of course, challenges remain. Regulatory frameworks need to adapt to this evolving landscape, and ensuring the security of tokenized assets is paramount. However, the potential benefits of RWA projects are undeniable. As the technology matures and regulations catch up, we can expect RWAs to become a cornerstone of a more inclusive and efficient financial future.
Here are 5 potential RWA projects that you should pay attention to
Pendle ($PENDLE )
Price: $4.29Market Cap: $416M

What is Pendle?
Pendle is a DeFi protocol built on the Ethereum blockchain that allows users to separate and trade the future yield generated by their crypto holdings. This innovative approach is achieved through yield tokenization.
Here's how it works:
Pendle wraps your yield-bearing tokens (like stETH) into Principal Tokens (PTs) representing the underlying asset's value and Yield Tokens (YTs) representing the future interest earned on that asset.These PTs and YTs can then be freely traded on Pendle's Automated Market Maker (AMM), enabling advanced yield strategies.
Key features of Pendle:
Unlocking yield potential: Pendle allows users to harvest fixed or variable yields on their crypto assets, catering to different risk preferences.Advanced yield strategies: By separating yield, Pendle empowers users to execute strategies like locking in fixed yields or betting on future yield increases.Exposure to RWA and other sectors: Pendle offers the ability to access Real-World Assets (RWA) and potentially other sectors within DeFi, showcasing its adaptability.

Clearpool ($CPOOL)
Price: $0.3448Market Cap: $145M
What is Clearpool?
Clearpool is a decentralized finance (DeFi) protocol that functions as a credit marketplace for institutional borrowers and lenders. It aims to offer an alternative to traditional lending models by leveraging blockchain technology.
Here's a breakdown of Clearpool's key features:
Unsecured institutional borrowing: Clearpool facilitates permissionless lending to pre-approved institutions. This means that anyone can participate as a lender on the platform.Single-borrower liquidity pools: Borrowers can create individualized liquidity pools to attract lenders. This allows for more flexible borrowing terms compared to traditional loan structures.Risk-adjusted returns: Lenders can earn interest on their loaned assets, with rates determined by the borrower's creditworthiness. This enables users to potentially gain higher returns while managing risk.CPOOL token: The $CPOOL token serves a dual role as a governance token and a utility token. Holders can participate in platform governance decisions and earn rewards through staking.

Centrifuge ($CFG)
Price: $1.03Market Cap: $502M
What is Centrifuge?
Centrifuge is a decentralized finance (DeFi) protocol that focuses on real-world asset (RWA) financing. It aims to create a more transparent and efficient system for borrowing and lending by leveraging blockchain technology.
Here's how Centrifuge works:
Unlocking RWA potential: Centrifuge makes it possible to tokenize real-world assets like invoices, receivables, and real estate into digital tokens. These tokens, called Asset-backed Securities (ABS), can be easily traded on DeFi marketplaces, increasing liquidity for these assets.Connecting borrowers and lenders: The platform connects borrowers who need capital with lenders seeking investment opportunities in RWAs. This can potentially provide lower borrowing costs for borrowers and attractive returns for lenders.Transparent and secure: Centrifuge utilizes blockchain technology to ensure transparency in asset origination, creditworthiness assessment, and loan performance. This fosters trust and reduces counterparty risk.$CFG token: The $CFG token is the native utility token of the Centrifuge ecosystem. It serves several purposes, including:Governance: Holders can participate in platform governance decisions.Staking: Users can stake $CFG tokens to earn rewards for validating transactions on the network.Fees: Certain fees on the platform are paid in $CFG.

Ondo Finance ($ONDO)
Price: $0.88Market Cap: $1.2 Billion
What is Ondo Finance?
Ondo Finance positions itself as a decentralized investment bank operating within the DeFi (decentralized finance) space. Their goal is to bridge the gap between traditional finance and DeFi by:
Facilitating connections: Ondo acts as a bridge, connecting various stakeholders in the DeFi ecosystem. This could include lenders, borrowers, and protocol developers.Enhancing accessibility: Ondo aims to make DeFi yields more accessible to a wider audience, potentially attracting users with different risk tolerances.
Here's a deeper look at Ondo's functionalities:
Risk-isolated loans: Ondo facilitates the creation of fixed-yield loans that are collateralized by yield-generating crypto assets. This allows investors to earn predictable returns while mitigating risk.Diverse investment opportunities: Ondo offers a variety of investment products catering to different risk profiles. This could include low-risk, stablecoin-based products or higher-risk, yield-generating strategies.$ONDO token: The $ONDO token serves multiple purposes within the Ondo ecosystem. It functions as a:Governance token: Holders can participate in voting on key platform decisions.Utility token: Ondo might utilize $ONDO for certain fees or services within the platform.

MANTRA Chain ($OM )
Price: $0.75Market Cap: $609M
What is MANTRA Chain?
MANTRA Chain is a Layer 1 blockchain protocol specifically designed for real-world asset (RWA) tokenization. It positions itself as a bridge between traditional finance (TradFi) and decentralized finance (DeFi) by providing the necessary infrastructure to securely and compliantly tokenize real-world assets.
Here's a breakdown of MANTRA Chain's key features:
Security-first approach: MANTRA Chain prioritizes security and regulatory compliance, making it suitable for institutions venturing into DeFi with RWA tokenization.RWA tokenization infrastructure: The platform offers tools and functionalities specifically designed to facilitate the creation and management of RWA token offerings.Interoperability: Built on the Cosmos SDK, MANTRA Chain benefits from interoperability with other blockchains within the Cosmos ecosystem through IBC (Inter-Blockchain Communication). This enables seamless transfer of assets and data between different blockchains.$OM token: The $OM token serves several purposes within the MANTRA Chain ecosystem, including:Staking: Users can stake $OM tokens to participate in network security and earn rewards.Governance: Holders can participate in voting on platform upgrades and proposals.Fees: Certain fees on the platform might be paid in $OM .
#Lcademy #BlockchainJob #CryptoJob #KolCrytpo
The view is there, I still believe that $BTC will continue to increase in the next 2 months (Strong increase is different) Okey, H4 has arrived to fill CME GAP. Those who are Long/Short can wait to set up the legendary Quasimodo on the m15 frame that admin @vilmyth has guided through many lessons. The nearest target is "Monday high" - the peak on the first Monday of the week The slightly further target is ATH And the max TP for this wave will be in the 9x $BTC area. #Lcademy #BlockchainJob #CryptoJob #KOLcrypto #Eirango
The view is there, I still believe that $BTC will continue to increase in the next 2 months (Strong increase is different)

Okey, H4 has arrived to fill CME GAP. Those who are Long/Short can wait to set up the legendary Quasimodo on the m15 frame that admin @vilmyth has guided through many lessons.

The nearest target is "Monday high" - the peak on the first Monday of the week
The slightly further target is ATH
And the max TP for this wave will be in the 9x $BTC area.
#Lcademy #BlockchainJob #CryptoJob #KOLcrypto #Eirango
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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