LIVEKroumi
@_kroumi_
Researcher • Crypto • Web3
Following
Followers
Liked
Shared
PINNED
The airdrop meta is evolving! BLUM is a game-changer!
You can't miss another project backed by Binance Labs with free participation, so today I'm here to tell you what you need to do!
🔸First, sign up:
t.me/BlumCryptoBot/app?startapp=ref_Q0FIcU2vpG
🔸Then, you need to:
Press the “Start farming” button every 8 hours
Collect points Play the free mini-game every day
Log in for a daily streak Do the simple tasks Invite friends
🔸What's so special about Blum?
This project was founded by a former Binance employee and it is backed by Binance Labs.
Moreover, Blum Crypto is still in its early stages, with limited access and you will have to wait a long time if you want to apply yourself or you can do it right away through an invitation.
The essence of the project is that in the future you will be able to trade cryptocurrency directly in Telegram easily and exchange your points for rewards.
So if you missed Notcoin, start farming Blum right now!
#BlumCrypto #BLUM #airdrop #Notcoin #BinanceLabs
🔸First, sign up:
t.me/BlumCryptoBot/app?startapp=ref_Q0FIcU2vpG
🔸Then, you need to:
Press the “Start farming” button every 8 hours
Collect points Play the free mini-game every day
Log in for a daily streak Do the simple tasks Invite friends
🔸What's so special about Blum?
This project was founded by a former Binance employee and it is backed by Binance Labs.
Moreover, Blum Crypto is still in its early stages, with limited access and you will have to wait a long time if you want to apply yourself or you can do it right away through an invitation.
The essence of the project is that in the future you will be able to trade cryptocurrency directly in Telegram easily and exchange your points for rewards.
So if you missed Notcoin, start farming Blum right now!
#BlumCrypto #BLUM #airdrop #Notcoin #BinanceLabs
PINNED
This Pattern Repeats With New Projects - How To Find The Perfect Entry Point?
Knowing this feature, you'll be able to find the perfect buying zones!
Here are Top-5 examples of new projects that have come out recently and this pattern has worked:
An important note: Everything written here is purely my observation based on my experience and analysis of price behavior. Never follow other people's advice blindly, always do your own research.
So now, I'll try to convey to you my view of the charts, let's get started!
The first coin on my list - $APT
As you can see, the token dropped by 68% almost immediately after its launch after which there was rapid growth. In other words, the coin has hit a so-called bottom around 68% of the close of its first candles.
Yes, we are looking at the higher timeframes now as they are more accurate. It's important to use candle bodies, shadows are not as important.
The second one is $SUI
The situation here is similar - a 68% drop followed by a recovery. In both charts, the price bottom was literally in the same range, if we're using percentages.
Okay, you all also know ARB
Nothing changes, after a local top, the price is going for a correction of about -60%. In all cases, we see a solid rise after the dip. Knowing this technique, you can do well in the market if you implement it into your strategy.
The next coin is SEI
Look at this chart! This pattern bears a striking resemblance to past examples.
I'd also like to emphasize a rather old coin - UNI
The price made a 65% drop and quickly bounced back, which can still be attributed to the series of the same model.
A little bonus:
ID dropped by 80%. Yes, a little more than usual but you just look at the growth that happened after!
And now a final, rhetorical question:
Will $NOT repeat this pattern?
I know that there is not much information and it is too early to say. But I dare to suggest this option, maybe it will be a better buying zone.
Let's summarize:
The “-60% pattern” should not be overlooked It's important to use candle bodies Key values are 55%-65% or so Using higher timeframes (1D, 1W)
I've given you new ground to ponder. I hope you found my observations useful and you gain profit from this information in the future. Thank you for reading!
#altcoins
#educational
#notcoin
#PatternRecognition
#TrendingArticle
Here are Top-5 examples of new projects that have come out recently and this pattern has worked:
An important note: Everything written here is purely my observation based on my experience and analysis of price behavior. Never follow other people's advice blindly, always do your own research.
So now, I'll try to convey to you my view of the charts, let's get started!
The first coin on my list - $APT
As you can see, the token dropped by 68% almost immediately after its launch after which there was rapid growth. In other words, the coin has hit a so-called bottom around 68% of the close of its first candles.
Yes, we are looking at the higher timeframes now as they are more accurate. It's important to use candle bodies, shadows are not as important.
The second one is $SUI
The situation here is similar - a 68% drop followed by a recovery. In both charts, the price bottom was literally in the same range, if we're using percentages.
Okay, you all also know ARB
Nothing changes, after a local top, the price is going for a correction of about -60%. In all cases, we see a solid rise after the dip. Knowing this technique, you can do well in the market if you implement it into your strategy.
The next coin is SEI
Look at this chart! This pattern bears a striking resemblance to past examples.
I'd also like to emphasize a rather old coin - UNI
The price made a 65% drop and quickly bounced back, which can still be attributed to the series of the same model.
A little bonus:
ID dropped by 80%. Yes, a little more than usual but you just look at the growth that happened after!
And now a final, rhetorical question:
Will $NOT repeat this pattern?
I know that there is not much information and it is too early to say. But I dare to suggest this option, maybe it will be a better buying zone.
Let's summarize:
The “-60% pattern” should not be overlooked It's important to use candle bodies Key values are 55%-65% or so Using higher timeframes (1D, 1W)
I've given you new ground to ponder. I hope you found my observations useful and you gain profit from this information in the future. Thank you for reading!
#altcoins
#educational
#notcoin
#PatternRecognition
#TrendingArticle
$AAVE hit our 1st target!
I consider the trend upward again as we set a new local high.
Global targets remain the same but perhaps in the local picture, the price will go to look for a new local low.
This is necessary for a full-fledged uptrend to form as we have just come out of accumulation.
#AAVE
I consider the trend upward again as we set a new local high.
Global targets remain the same but perhaps in the local picture, the price will go to look for a new local low.
This is necessary for a full-fledged uptrend to form as we have just come out of accumulation.
#AAVE
LIVEKroumi
--
Bullish
$AAVE is strong in spite of the rest of the market.
This coin was quickly repurchased during yesterday's drop and I continue to keep it in my portfolio.
In the long term, I am counting on super profits as I believe its potential is much higher.
Looking at the project metrics from an analytical perspective, TVL and Revenue continue to grow. So given the expected Ethereum growth, I can't stay on the sidelines.
Therefore, past analysis and goals are relevant. For clarification, this is a logarithmic chart.
This coin was quickly repurchased during yesterday's drop and I continue to keep it in my portfolio.
In the long term, I am counting on super profits as I believe its potential is much higher.
Looking at the project metrics from an analytical perspective, TVL and Revenue continue to grow. So given the expected Ethereum growth, I can't stay on the sidelines.
Therefore, past analysis and goals are relevant. For clarification, this is a logarithmic chart.
$TON — The descending structure.
The chart shows the “Head and Shoulders” pattern formation, which usually indicates a trend reversal. In our case, the downtrend is confirmed by the neckline breakdown by the price level.
The downside potential is usually equal to the “head” of the figure.
The first target will be the zone at $3.94 - 0.5 Fibonacci value.
This road will be opened after the neckline retest and the subsequent successful breakdown of level 0.382.
The second downside target is the zone at $3.30 - here the downside potential ends, according to the “Head and Shoulders” pattern, and also, the strong value of 0.618 Fibonacci golden ratio is located in this area.
Usually, there is a rebound from it, or the price just corrects to this level and continues the global upward movement.
The third potential target could be the zone at $2.80 - there is a strong support level (red rectangular zone), which is not easy to pass.
But this outcome, I believe, is unlikely.
Further buying can be considered based on the first two major ranges.
#TON #Toncoin
The chart shows the “Head and Shoulders” pattern formation, which usually indicates a trend reversal. In our case, the downtrend is confirmed by the neckline breakdown by the price level.
The downside potential is usually equal to the “head” of the figure.
The first target will be the zone at $3.94 - 0.5 Fibonacci value.
This road will be opened after the neckline retest and the subsequent successful breakdown of level 0.382.
The second downside target is the zone at $3.30 - here the downside potential ends, according to the “Head and Shoulders” pattern, and also, the strong value of 0.618 Fibonacci golden ratio is located in this area.
Usually, there is a rebound from it, or the price just corrects to this level and continues the global upward movement.
The third potential target could be the zone at $2.80 - there is a strong support level (red rectangular zone), which is not easy to pass.
But this outcome, I believe, is unlikely.
Further buying can be considered based on the first two major ranges.
#TON #Toncoin
$BTC may touch the lower trend line.
Candlestick engulfment patterns have indicated this in recent weeks.
Therefore, we may see Bitcoin drop to at least $47,000.
Also, at this level, there is a horizontal support line and of course, we cannot ignore September - a historically red month for the entire market.
So now I'm expecting a correction in the coming weeks.
What do you think?
#Bitcoin
Candlestick engulfment patterns have indicated this in recent weeks.
Therefore, we may see Bitcoin drop to at least $47,000.
Also, at this level, there is a horizontal support line and of course, we cannot ignore September - a historically red month for the entire market.
So now I'm expecting a correction in the coming weeks.
What do you think?
#Bitcoin
We're in for a very interesting end to this year!
FTX promises to start repaying its creditors in the 4th quarter of this year -the total amount will be $16 billion!
Do you realize where all this new liquidity is going to flow?
This is a very large amount of money by the standards of the whole sector, people will probably put this money into altcoins or bitcoin, because they will want to keep their funds or multiply them at all.
This could trigger that bull run at the end of the year, so I think this is positive news.
Do you think so too?
#FTX
FTX promises to start repaying its creditors in the 4th quarter of this year -the total amount will be $16 billion!
Do you realize where all this new liquidity is going to flow?
This is a very large amount of money by the standards of the whole sector, people will probably put this money into altcoins or bitcoin, because they will want to keep their funds or multiply them at all.
This could trigger that bull run at the end of the year, so I think this is positive news.
Do you think so too?
#FTX
$MATIC will convert to POL and be worth $5?
$5 average POL price during the 10-year period - it looks like this model is planned by the developers in the long term.
I found this confirmation in one of Polygon's documentation!
Since all the coins are already in circulation I assume big capital is already ready for the upcoming bull run.
On top of that, you just look at the current chart on the right.
Even here in terms of technical analysis, this pattern is confirmed and we could indeed see explosive growth soon.
This is not financial advice, these are my thoughts.
I'm just comparing a number of factors that corroborate each other so that is why I'm bullish.
The network developers are focused on the long-term development of the entire blockchain, so it makes sense for me as a simple retail investor to hold a native blockchain coin on the spot.
Do you believe in Polygon's future?
#Matic #POL #PolygonMATIC
$5 average POL price during the 10-year period - it looks like this model is planned by the developers in the long term.
I found this confirmation in one of Polygon's documentation!
Since all the coins are already in circulation I assume big capital is already ready for the upcoming bull run.
On top of that, you just look at the current chart on the right.
Even here in terms of technical analysis, this pattern is confirmed and we could indeed see explosive growth soon.
This is not financial advice, these are my thoughts.
I'm just comparing a number of factors that corroborate each other so that is why I'm bullish.
The network developers are focused on the long-term development of the entire blockchain, so it makes sense for me as a simple retail investor to hold a native blockchain coin on the spot.
Do you believe in Polygon's future?
#Matic #POL #PolygonMATIC
LIVEKroumi
--
Web3 coin research #6 - Polygon $MATIC
Here's what you need to know about it in simple words: 👇
Plan for today:
Main idea Team Investments and partnerships Figures and tokenomics How does Polygon work? Polygon 2.0 concept What is the POL token for? The ecosystem growth model TA
Let's dive in:
~ Main idea ~
Polygon solves Ethereum's scalability problem by providing tools that enable scalable and fast DApps due to cheap transaction fees.
It also provides ease of interoperability between different blockchains.
~ Team ~
The team is big and with a lot of experience:
Marc Boiron - CEO
Sandeep Nailwal - co-founder
Jaynti Kanani - co-founder
David Z - CTO, co-founder
Jordi Baylina - co-founder
Antoni Martin - co-founder
Brendan Farmer - co-founder
Daniel Lubarov - co-founder
Bobbin Threadbare - co-founder
Anurag Arjun - co-founder
And also other board and marketing members.
~ Investments and partnerships ~
Polygon has raised a total of $451M in funding over 9 rounds.
Famous names among the partners include Coinbase Ventures, The Spartan Group, DragonFly Capital, Galaxy, Republic, Animoca Brands, Union Square Ventures, etc.
~ Figures and tokenomics ~
Top-15 rank on CoinMarketCapThe price on 22/01/2024 is $0,75Circulating supply: 9,62b $MATICTotal supply: 10b $MATICMarket cap: $7,2b
As for the token distribution, we can see that almost all tokens are in circulation on the market.
Over the last 4 years, most of the tokens have been issued.
More details on the infographic:
At the moment almost all tokens are centered on one address, I guess this is due to the upcoming migration that we'll talk about later.
This is the conditional address of the main network, but in general, the top 10 addresses hold about 2-4% of the total issue.
In simple words, $MATIC is used to:
Paying transaction feesParticipating in stakingVoting for protocol managementRewarding network support in the Polygon ecosystem
~ How does Polygon work ~
It works on the principle of layer-2 scaling solution.
In other words, improves Ethereum's scalability with sidechains and reduces the gas fees associated with the original blockchain, the PoS model is used.
To make it even clearer, I would say that multiple transfers are grouped into a single transaction outside the main chain and sent to the main chain.
This means that blocks are formed through bridges and sent to the main network in their entirety.
~ Polygon 2.0 concept ~
Polygon 2.0 - a ZK-based L2 chain network, is a set of updates that aim to improve the Polygon ecosystem.
The update is designed to transition to greater community governance of the protocol and treasury.
~ What is the $POL token for? ~
It is proposed to switch from the $MATIC token to the $POL
As stated in the technical documentation, it'll be a next-generation token able to accommodate an ecosystem of ZK-based Layer 2 chains.
It's also worth noting that if you're a simple ordinary MATIC token holder, you don't have to do anything when migrating the token to $POL.
It converts 1:1 over time.
There will be a total of 10 billion tokens.
~ The ecosystem growth model ~
Digging through the documentation, I managed to see a vision of the project growth model by the development team.
The inflow to the Community Treasury of about $50-100 million per year is realistic to expect.
A 10-year growth scenario is also present, depending on chain adaptations:
Most interestingly, we as retail investors in the project are wondering about the price of the ecosystem token itself.
I found this paragraph regarding the $POL price vision:
$5 average price per 1 $POL.
Also, it should be emphasized the low cost of fees and a 50% reduction in running costs per validator in 3 years.
This model looks quite realistic in the near future.
Taking into account all the upcoming updates and improvements we can draw the following conclusion:
Roughly speaking, the token price is currently undervalued by 5 times.
With the upcoming trend on L2 solutions, it would be foolish to overlook this.
~ TA ~
A well-known popular pattern emerges.
Taking into account the previous findings and technical analysis, I assume a move upward to $3.
I'm looking at the chart from a long-term perspective.
That was my sixth episode.
It's my mission to provide specific info on Web3 projects to expand this space.
I'm doing it because, at the beginning of my journey, I would have been happy to find all the info in one pile.
In this work, I tried to close the maximum questions that may have arisen when getting acquainted with Polygon.
Plan for today:
Main idea Team Investments and partnerships Figures and tokenomics How does Polygon work? Polygon 2.0 concept What is the POL token for? The ecosystem growth model TA
Let's dive in:
~ Main idea ~
Polygon solves Ethereum's scalability problem by providing tools that enable scalable and fast DApps due to cheap transaction fees.
It also provides ease of interoperability between different blockchains.
~ Team ~
The team is big and with a lot of experience:
Marc Boiron - CEO
Sandeep Nailwal - co-founder
Jaynti Kanani - co-founder
David Z - CTO, co-founder
Jordi Baylina - co-founder
Antoni Martin - co-founder
Brendan Farmer - co-founder
Daniel Lubarov - co-founder
Bobbin Threadbare - co-founder
Anurag Arjun - co-founder
And also other board and marketing members.
~ Investments and partnerships ~
Polygon has raised a total of $451M in funding over 9 rounds.
Famous names among the partners include Coinbase Ventures, The Spartan Group, DragonFly Capital, Galaxy, Republic, Animoca Brands, Union Square Ventures, etc.
~ Figures and tokenomics ~
Top-15 rank on CoinMarketCapThe price on 22/01/2024 is $0,75Circulating supply: 9,62b $MATICTotal supply: 10b $MATICMarket cap: $7,2b
As for the token distribution, we can see that almost all tokens are in circulation on the market.
Over the last 4 years, most of the tokens have been issued.
More details on the infographic:
At the moment almost all tokens are centered on one address, I guess this is due to the upcoming migration that we'll talk about later.
This is the conditional address of the main network, but in general, the top 10 addresses hold about 2-4% of the total issue.
In simple words, $MATIC is used to:
Paying transaction feesParticipating in stakingVoting for protocol managementRewarding network support in the Polygon ecosystem
~ How does Polygon work ~
It works on the principle of layer-2 scaling solution.
In other words, improves Ethereum's scalability with sidechains and reduces the gas fees associated with the original blockchain, the PoS model is used.
To make it even clearer, I would say that multiple transfers are grouped into a single transaction outside the main chain and sent to the main chain.
This means that blocks are formed through bridges and sent to the main network in their entirety.
~ Polygon 2.0 concept ~
Polygon 2.0 - a ZK-based L2 chain network, is a set of updates that aim to improve the Polygon ecosystem.
The update is designed to transition to greater community governance of the protocol and treasury.
~ What is the $POL token for? ~
It is proposed to switch from the $MATIC token to the $POL
As stated in the technical documentation, it'll be a next-generation token able to accommodate an ecosystem of ZK-based Layer 2 chains.
It's also worth noting that if you're a simple ordinary MATIC token holder, you don't have to do anything when migrating the token to $POL.
It converts 1:1 over time.
There will be a total of 10 billion tokens.
~ The ecosystem growth model ~
Digging through the documentation, I managed to see a vision of the project growth model by the development team.
The inflow to the Community Treasury of about $50-100 million per year is realistic to expect.
A 10-year growth scenario is also present, depending on chain adaptations:
Most interestingly, we as retail investors in the project are wondering about the price of the ecosystem token itself.
I found this paragraph regarding the $POL price vision:
$5 average price per 1 $POL.
Also, it should be emphasized the low cost of fees and a 50% reduction in running costs per validator in 3 years.
This model looks quite realistic in the near future.
Taking into account all the upcoming updates and improvements we can draw the following conclusion:
Roughly speaking, the token price is currently undervalued by 5 times.
With the upcoming trend on L2 solutions, it would be foolish to overlook this.
~ TA ~
A well-known popular pattern emerges.
Taking into account the previous findings and technical analysis, I assume a move upward to $3.
I'm looking at the chart from a long-term perspective.
That was my sixth episode.
It's my mission to provide specific info on Web3 projects to expand this space.
I'm doing it because, at the beginning of my journey, I would have been happy to find all the info in one pile.
In this work, I tried to close the maximum questions that may have arisen when getting acquainted with Polygon.
Will $BTC repeat the 4-year pattern?
Every 3 years we see growth and in the 4th year, we see a correction.
This has happened every cycle and may happen again so let me share my observations with you:
First, if you open the Bitcoin chart on a yearly timeframe, you can see a certain pattern.
Three green candles followed by one red candle.
This leads me to believe we may see a green candle this year and next year.
Of course, I can't say this for sure, as this is the market and we are constantly working with probabilities and trying to look for different patterns to predict the future chart.
But if you compare this chart, all that macro data, and the sentiment of big investors and retailers over the next couple of years, you can conclude that the outcome of this scenario is the most believable.
Okay, we assume that the fourth candle is corrective, so we can expect a continuation of the bull market in 2024 and 2025.
Based on this logic, 2026 should be a bearish year for Bitcoin.
I suggest we come back here in a few years to discuss the results of the current cycle.
Do you believe in this 4-year pattern?
#Bitcoin #BitcoinCycles
Every 3 years we see growth and in the 4th year, we see a correction.
This has happened every cycle and may happen again so let me share my observations with you:
First, if you open the Bitcoin chart on a yearly timeframe, you can see a certain pattern.
Three green candles followed by one red candle.
This leads me to believe we may see a green candle this year and next year.
Of course, I can't say this for sure, as this is the market and we are constantly working with probabilities and trying to look for different patterns to predict the future chart.
But if you compare this chart, all that macro data, and the sentiment of big investors and retailers over the next couple of years, you can conclude that the outcome of this scenario is the most believable.
Okay, we assume that the fourth candle is corrective, so we can expect a continuation of the bull market in 2024 and 2025.
Based on this logic, 2026 should be a bearish year for Bitcoin.
I suggest we come back here in a few years to discuss the results of the current cycle.
Do you believe in this 4-year pattern?
#Bitcoin #BitcoinCycles
$DOGS has been trading for 72 hours and here's what we can say:
First of all, the price held up and did not experience strong selling pressure. Even the negative news with Telegram's CEO didn't affect the token's successful launch into the market.
We saw a 30% increase on the second day after release and the price continues to hold above the first day.
What do I expect now?
I have a theory that Notcoin was the first test project before the main project was launched. As a result, $NOT successfully launched a new narrative and now it's time for the main project - DOGS.
Why, you may ask?
Because it is DOGS that will be applicable to sticker trading in Telegram, which is essentially the innovation that Pavel Durov once talked about.
I know it sounds fantastic, but what if that's how it was intended?
In any case, that's what we're seeing now - a huge focus on the TON ecosystem, the emergence of new memecoins, and even network latency.
But what about the chart?
I still expect a larger price drop like we had with Notcoin. While retail traders will sell their free coins, the big players will collect them like a vacuum cleaner at a discount.
Maybe here we can see my “-60% pattern” working out, too.
But as long as we see a smooth chart formation, it's too early to talk about prediction.
I can say for sure that in the future the price will be much higher than the current level, if we see a successful launch of a new hybrid NFT marketplace with stickers.
Demand goes up - price goes up, remember that.
Do you believe in DOGS?
#DOGSONBINANCE
First of all, the price held up and did not experience strong selling pressure. Even the negative news with Telegram's CEO didn't affect the token's successful launch into the market.
We saw a 30% increase on the second day after release and the price continues to hold above the first day.
What do I expect now?
I have a theory that Notcoin was the first test project before the main project was launched. As a result, $NOT successfully launched a new narrative and now it's time for the main project - DOGS.
Why, you may ask?
Because it is DOGS that will be applicable to sticker trading in Telegram, which is essentially the innovation that Pavel Durov once talked about.
I know it sounds fantastic, but what if that's how it was intended?
In any case, that's what we're seeing now - a huge focus on the TON ecosystem, the emergence of new memecoins, and even network latency.
But what about the chart?
I still expect a larger price drop like we had with Notcoin. While retail traders will sell their free coins, the big players will collect them like a vacuum cleaner at a discount.
Maybe here we can see my “-60% pattern” working out, too.
But as long as we see a smooth chart formation, it's too early to talk about prediction.
I can say for sure that in the future the price will be much higher than the current level, if we see a successful launch of a new hybrid NFT marketplace with stickers.
Demand goes up - price goes up, remember that.
Do you believe in DOGS?
#DOGSONBINANCE
🚨 Breaking news! 🚨
Pavel Durov was detained in France at Paris airport!
$TON reacted with a sharp drop because of this news.
It also serves as unfavorable news ahead of the expected DOGS listing. However, people are in a panic yet don't know what will happen next so we are seeing red candles.
The whole TON ecosystem is going through a bad time right now, hopefully things will resolve well.
#FREEDUROV
Pavel Durov was detained in France at Paris airport!
$TON reacted with a sharp drop because of this news.
It also serves as unfavorable news ahead of the expected DOGS listing. However, people are in a panic yet don't know what will happen next so we are seeing red candles.
The whole TON ecosystem is going through a bad time right now, hopefully things will resolve well.
#FREEDUROV
$ENS bounced off the lower trend line.
Such a situation was a couple of months ago, and after that, there was explosive growth.
I suppose we could easily see +50% from current values because the trend is one of the strongest directions.
So far, the trend is not broken and a hike to the upper boundary of the trend is imminent.
Therefore, trading intra-trend is often safer than trading on a trendline breakout.
And there is no need to use a lot of indicators or oscillators, it is enough just to determine the boundaries of the trend.
As long as we have not gone below the local minimum, the upward movement remains valid.
#CryptoMarketMoves
Such a situation was a couple of months ago, and after that, there was explosive growth.
I suppose we could easily see +50% from current values because the trend is one of the strongest directions.
So far, the trend is not broken and a hike to the upper boundary of the trend is imminent.
Therefore, trading intra-trend is often safer than trading on a trendline breakout.
And there is no need to use a lot of indicators or oscillators, it is enough just to determine the boundaries of the trend.
As long as we have not gone below the local minimum, the upward movement remains valid.
#CryptoMarketMoves
$BTC may repeat the last year's cycle!
Bitcoin rose 30% in the final quarter of last year after breaking through a resistance line.
Right now, the situation looks similar. Let me explain:
First, you can see consolidation forming in Q2-Q3 2023. After leaving this zone, the price began to rise throughout Q4.
Secondly, right now we are in a similar consolidation. This year we can note the formation of the same pattern from Q2 to Q3.
Looking at these analogies we can expect growth in Q4 2024. Apparently, we have to break through the red resistance line and maybe then we will see a rise of 30% or higher.
It is worth noting that an important psychological mark of 100k$ stands at the exit of the marked growth potential.
Coincidence or a pattern?
I don't know for sure but as I pointed out, a lot of factors indicate just that scenario.
So if my observations are correct, we could see the $100,000 mark crossed as early as the end of this year.
Do you believe that Bitcoin will touch $100,000 this year?
#Bitcoin #BitcoinCycles
Bitcoin rose 30% in the final quarter of last year after breaking through a resistance line.
Right now, the situation looks similar. Let me explain:
First, you can see consolidation forming in Q2-Q3 2023. After leaving this zone, the price began to rise throughout Q4.
Secondly, right now we are in a similar consolidation. This year we can note the formation of the same pattern from Q2 to Q3.
Looking at these analogies we can expect growth in Q4 2024. Apparently, we have to break through the red resistance line and maybe then we will see a rise of 30% or higher.
It is worth noting that an important psychological mark of 100k$ stands at the exit of the marked growth potential.
Coincidence or a pattern?
I don't know for sure but as I pointed out, a lot of factors indicate just that scenario.
So if my observations are correct, we could see the $100,000 mark crossed as early as the end of this year.
Do you believe that Bitcoin will touch $100,000 this year?
#Bitcoin #BitcoinCycles
Mt. Gox recently transferred over $700 million in Bitcoin!
In parallel to this, $BCH touched the lower boundary of the local uptrend where the gold zone 0.618 is located.
So I see this as a promising point. Moreover, technical analysis tells me a few positive things:
1) First, it is the strength of the trend and its lower boundary.
2) Secondly, it is the golden section of 0.618 Fibo level.
3) Thirdly, it is the level near MA200.
Based on all of these factors combined, I can only share with you my observation that price often reacts positively in these situations.
Even despite the fact that Mt. Gox has started making bitcoin cash payments, it's not dropping the price down. At least not yet. So we're going by what the chart shows us.
What do you think about this chart?
#MtGoxRepayments #BitcoinCash
In parallel to this, $BCH touched the lower boundary of the local uptrend where the gold zone 0.618 is located.
So I see this as a promising point. Moreover, technical analysis tells me a few positive things:
1) First, it is the strength of the trend and its lower boundary.
2) Secondly, it is the golden section of 0.618 Fibo level.
3) Thirdly, it is the level near MA200.
Based on all of these factors combined, I can only share with you my observation that price often reacts positively in these situations.
Even despite the fact that Mt. Gox has started making bitcoin cash payments, it's not dropping the price down. At least not yet. So we're going by what the chart shows us.
What do you think about this chart?
#MtGoxRepayments #BitcoinCash
$DOGS will be listed on Binance on Aug 26!
What will the price be?
Let's do some calculations:
1) We know that the total supply will be 550 billion.
2) We know the approximate pre-market price - $0.002
All we need to do is multiply the total supply by the estimated price and we will know the estimated market capitalization at exit.
550b * 0.002 = 1.1b m.cap.
That was the capitalization that Notcoin arrived!
All right, let's move on:
Of course, after the $NOT release, its capitalization dropped by about half to 500m accordingly so did its price.
Therefore, we may even see $0.001 per $DOGS but...
At the top of the price, we saw Notcoin around 3b m.cap. so we could quite possibly see $0.006 per DOGS in a very positive scenario.
What do you guys think about this and what are your predictions for $DOGS?
#DOGS #BinanceLaunchpoolDOGS
What will the price be?
Let's do some calculations:
1) We know that the total supply will be 550 billion.
2) We know the approximate pre-market price - $0.002
All we need to do is multiply the total supply by the estimated price and we will know the estimated market capitalization at exit.
550b * 0.002 = 1.1b m.cap.
That was the capitalization that Notcoin arrived!
All right, let's move on:
Of course, after the $NOT release, its capitalization dropped by about half to 500m accordingly so did its price.
Therefore, we may even see $0.001 per $DOGS but...
At the top of the price, we saw Notcoin around 3b m.cap. so we could quite possibly see $0.006 per DOGS in a very positive scenario.
What do you guys think about this and what are your predictions for $DOGS?
#DOGS #BinanceLaunchpoolDOGS
Will $BTC go into a correction?
In the local picture, our next potential target is around 58-59k.
I'm sticking with this scenario until we hit 62800.
But if we suddenly see a downward movement, it is quite possible we could even see 52-53k.
Until then, the current week looks bullish if you look at the weekly timeframe.
In short, we are at the outcome of events and the near future will show the price vector.
#Bitcoin
In the local picture, our next potential target is around 58-59k.
I'm sticking with this scenario until we hit 62800.
But if we suddenly see a downward movement, it is quite possible we could even see 52-53k.
Until then, the current week looks bullish if you look at the weekly timeframe.
In short, we are at the outcome of events and the near future will show the price vector.
#Bitcoin
$XLM - I'm holding it on the spot with an insane potential!
Stellar has the same formation as $XRP in the long-term view.
Given Ripple's recent win, I can't pass by these two similar projects so they are both in my long-term portfolio. I have to say that I have an even split of funds between these two coins.
So what about the XLM chart? Let's consider it from the technical analysis point of view:
We can see that globally the price is forming a similar triangle formation as on the XRP chart.
Since the past local low was put in the $0.07 area, I put a conditional cancel zone for this scenario beyond that level. I mean $0.067 to be exact.
In any case, even if the structure breaks and the price goes below my level, I will still continue to hold $XLM because it corresponds to my long-term plans.
My first potential profit-taking zone will be $0.154, but I will continue to hold the main volume up to the level of $0.79-$1.
The most important thing I want to convey is to pay huge attention to your risk management and strategy. Without systematic work and a clear plan, you will not be able to stay on the market for long.
You can literally plan your investments in such a way that your long-term investments will override your short-term speculative ones by simply holding them for the long haul.
Statistically, the most profitable investments are “buy and forget” investments. That's exactly the case. We won't be back here for a while.
What about you? Do you hold more XLM or XRP?
#Ripple💰 #Stellar
Stellar has the same formation as $XRP in the long-term view.
Given Ripple's recent win, I can't pass by these two similar projects so they are both in my long-term portfolio. I have to say that I have an even split of funds between these two coins.
So what about the XLM chart? Let's consider it from the technical analysis point of view:
We can see that globally the price is forming a similar triangle formation as on the XRP chart.
Since the past local low was put in the $0.07 area, I put a conditional cancel zone for this scenario beyond that level. I mean $0.067 to be exact.
In any case, even if the structure breaks and the price goes below my level, I will still continue to hold $XLM because it corresponds to my long-term plans.
My first potential profit-taking zone will be $0.154, but I will continue to hold the main volume up to the level of $0.79-$1.
The most important thing I want to convey is to pay huge attention to your risk management and strategy. Without systematic work and a clear plan, you will not be able to stay on the market for long.
You can literally plan your investments in such a way that your long-term investments will override your short-term speculative ones by simply holding them for the long haul.
Statistically, the most profitable investments are “buy and forget” investments. That's exactly the case. We won't be back here for a while.
What about you? Do you hold more XLM or XRP?
#Ripple💰 #Stellar
$AVAX touched the 0.618 golden Fibo zone!
Right now we are at a strong support level and this is a great buying zone as well.
From a long-term perspective, this is the moment when some are scared and sell and others realize the situation and increase their positions.
These are just my observations, it is often the case that the price corrects to the golden ratio and then rebounds and continues the upward movement.
Always analyze the chart on your own and don't trust anyone 100%, not even me.
#Avax
Right now we are at a strong support level and this is a great buying zone as well.
From a long-term perspective, this is the moment when some are scared and sell and others realize the situation and increase their positions.
These are just my observations, it is often the case that the price corrects to the golden ratio and then rebounds and continues the upward movement.
Always analyze the chart on your own and don't trust anyone 100%, not even me.
#Avax
$BTC closed last week with a long shadow at the bottom.
Here's what we can expect to see this week:
First of all, as we know, such candles with long shadows often indicate market participants' uncertainty.
In our case, last week's candle looks like a so-called doji with a longer candlestick shadow at the bottom.
Taking into account the imbalance zone and also the 0.618 Fibo level at $63k, I could assume a further move to this zone.
Guided by the basic principles of the Smart Money strategy, this is exactly what I would expect shortly. Because we still haven't caught this area properly, which is the key area in the local picture.
The chart is dynamic, it changes and we adapt according to its changes. As new candles are formed, we only assume possible variations of events based on patterns that have already been established in the past.
Keep your eyes open.
#Bitcoin
Here's what we can expect to see this week:
First of all, as we know, such candles with long shadows often indicate market participants' uncertainty.
In our case, last week's candle looks like a so-called doji with a longer candlestick shadow at the bottom.
Taking into account the imbalance zone and also the 0.618 Fibo level at $63k, I could assume a further move to this zone.
Guided by the basic principles of the Smart Money strategy, this is exactly what I would expect shortly. Because we still haven't caught this area properly, which is the key area in the local picture.
The chart is dynamic, it changes and we adapt according to its changes. As new candles are formed, we only assume possible variations of events based on patterns that have already been established in the past.
Keep your eyes open.
#Bitcoin
$TON was finally listed on Binance!
What comes next and what should we expect?
First of all, this is great news, it's what many blockchain fans have been waiting for.
Massadoption - the very thing we're really lacking as a crypto industry as a whole.
TON is gradually taking small steps towards this. The most important thing is that they have a product, a real live product with real users. It's in demand, which means the blockchain is evolving.
Looking at the chart, I can confidently say that we are moving exactly according to my scenario that I described earlier. For those who aren't very familiar with the ecosystem, this is a great chance to get to know it better.
Given the recent news and price movement dynamics, I would expect a small correction in the local picture.
Certainly, my global target is the $10-$11 zone but most likely we could see $3.5-$4 before that happens.
This is usually what the market shows us most often, so we should keep in mind the rule of "buy the rumors, sell the news".
Do you use the Ton ecosystem frequently?
#TONonBinance #Ton
What comes next and what should we expect?
First of all, this is great news, it's what many blockchain fans have been waiting for.
Massadoption - the very thing we're really lacking as a crypto industry as a whole.
TON is gradually taking small steps towards this. The most important thing is that they have a product, a real live product with real users. It's in demand, which means the blockchain is evolving.
Looking at the chart, I can confidently say that we are moving exactly according to my scenario that I described earlier. For those who aren't very familiar with the ecosystem, this is a great chance to get to know it better.
Given the recent news and price movement dynamics, I would expect a small correction in the local picture.
Certainly, my global target is the $10-$11 zone but most likely we could see $3.5-$4 before that happens.
This is usually what the market shows us most often, so we should keep in mind the rule of "buy the rumors, sell the news".
Do you use the Ton ecosystem frequently?
#TONonBinance #Ton
LIVEKroumi
--
Web3 coin research #4 - Toncoin $TON
Episode #4
Here's what you need to know about Toncoin in simple words: 👇
Plan for today:
Main ideaTeamInvestments and partnershipsFigures and tokenomicsHow does TON workTON ecosystemTA
Let's dive in:
~ Main idea ~
The project aims to build an ecosystem with decentralized storage and services, domain names, and an anonymous network.
Also, one of the main goals is to create the fastest blockchain for transaction processing, and scaling for payment transfers.
~ Team ~
Pavel Durov - Co-Founder
Nikolai Durov - Co-Founder
Andrew Rogozov - Founding Member
Steve Yun - Founding Member, President of TON Foundation
And other board and marketing members.
~ Investments and partnerships ~
Toncoin has raised a total of $16M in funding over 6 rounds.
Famous names among the partners include DWF Labs, Animoca Brands, MEXC, Mask Network, Runa Capital, and one of the recent ones is KuCoin Ventures.
~ Figures and tokenomics ~
Top-15 rank on CoinMarketCapThe price on 12/01/2024 is $2,14Circulating supply: 3,456,582,393 $TONTotal supply: 5,101,045,878 $TONMarket cap: $7,406,644,214
As for tokenomics, it's a bit interesting:
Roughly speaking, token management is behind not many validators.
In fact, the management can be called centralized as strange as it may sound, since most of the TON coins are stored on several wallets.
But is it that bad?
I tend to think this model is pretty good.
The founder has colossal experience in creating products and the corresponding success, it is not profitable for him to destroy the whole system at once, at the start.
The top 100 wallets own 94% of the total amount of tokens, that's what I was talking about.
But at the moment we know that 1/5th of the total supply has been locked until 2027.
In simple words, token $TON simplifies asset transfer with wallet addresses and allows for in-app purchases without platform fees.
The wallet is closely integrated into Telegram and every user can already use it.
~ How does TON work ~
The components of the TON network:
Master chainWorking chainShard chain
This structure speeds up task execution and allows the network to avoid the accumulation of untested blocks.
This system reminds me something of DOT.
~ TON ecosystem ~
TON Blockchain - the heart of the blockchain is the master chain, able to process hundreds of thousands of transactions per second, the fastest boss ever.TON Payments - a micropayment network to pay for services provided by TON Services.TON DNS - works similarly to ENS. The principle of operation is the same - simply put, it gives a name to your wallet instead of a set of chaotic symbols.TON Proxy - Hides IP addresses of TON network nodes, works as a proxy - decentralization, the principle of Web3.TON Storage - a file custodian on smart contracts, fully decentralized.TON Services - provides interfaces for users to interact with applications.TON Workchains - a web of chains, allowing all existing blockchains to be combined into a single decentralized network.
The project wants to empower 500 million users to own their digital identity, assets, and data.
It's scheduled to be done by 2028 by establishing the Web3 ecosystem via Telegram Messenger. By the way, it is quite feasible, considering the recent trend of Telegram's popularity growth (you've heard of Notcoin, right?).
One of TON's major achievements is its transaction rate per second - a world record.
Blockchain is still leading in this parameter at the moment.
I'd add that the ecosystem is evolving and intends to be tightly integrated into the mass adoption.
Given Telegram's plans to attract new users for the next year, it could be a promising project.
Moreover, these are potential new users of the Web3 network.
~ TA ~
Looking at the technical analysis, it's hard to say anything concrete, but since the project is global, I would consider a potential upside to $5-10$.
Given the bull market, it will be easier than we think.
That was my fourth episode.
It's my mission to provide specific info on Web3 projects to expand this space.
I'm doing it because, at the beginning of my journey, I would have been happy to find all the info in one pile.
In this work, I tried to close the maximum questions that may have arisen when getting acquainted with Toncoin.
Here's what you need to know about Toncoin in simple words: 👇
Plan for today:
Main ideaTeamInvestments and partnershipsFigures and tokenomicsHow does TON workTON ecosystemTA
Let's dive in:
~ Main idea ~
The project aims to build an ecosystem with decentralized storage and services, domain names, and an anonymous network.
Also, one of the main goals is to create the fastest blockchain for transaction processing, and scaling for payment transfers.
~ Team ~
Pavel Durov - Co-Founder
Nikolai Durov - Co-Founder
Andrew Rogozov - Founding Member
Steve Yun - Founding Member, President of TON Foundation
And other board and marketing members.
~ Investments and partnerships ~
Toncoin has raised a total of $16M in funding over 6 rounds.
Famous names among the partners include DWF Labs, Animoca Brands, MEXC, Mask Network, Runa Capital, and one of the recent ones is KuCoin Ventures.
~ Figures and tokenomics ~
Top-15 rank on CoinMarketCapThe price on 12/01/2024 is $2,14Circulating supply: 3,456,582,393 $TONTotal supply: 5,101,045,878 $TONMarket cap: $7,406,644,214
As for tokenomics, it's a bit interesting:
Roughly speaking, token management is behind not many validators.
In fact, the management can be called centralized as strange as it may sound, since most of the TON coins are stored on several wallets.
But is it that bad?
I tend to think this model is pretty good.
The founder has colossal experience in creating products and the corresponding success, it is not profitable for him to destroy the whole system at once, at the start.
The top 100 wallets own 94% of the total amount of tokens, that's what I was talking about.
But at the moment we know that 1/5th of the total supply has been locked until 2027.
In simple words, token $TON simplifies asset transfer with wallet addresses and allows for in-app purchases without platform fees.
The wallet is closely integrated into Telegram and every user can already use it.
~ How does TON work ~
The components of the TON network:
Master chainWorking chainShard chain
This structure speeds up task execution and allows the network to avoid the accumulation of untested blocks.
This system reminds me something of DOT.
~ TON ecosystem ~
TON Blockchain - the heart of the blockchain is the master chain, able to process hundreds of thousands of transactions per second, the fastest boss ever.TON Payments - a micropayment network to pay for services provided by TON Services.TON DNS - works similarly to ENS. The principle of operation is the same - simply put, it gives a name to your wallet instead of a set of chaotic symbols.TON Proxy - Hides IP addresses of TON network nodes, works as a proxy - decentralization, the principle of Web3.TON Storage - a file custodian on smart contracts, fully decentralized.TON Services - provides interfaces for users to interact with applications.TON Workchains - a web of chains, allowing all existing blockchains to be combined into a single decentralized network.
The project wants to empower 500 million users to own their digital identity, assets, and data.
It's scheduled to be done by 2028 by establishing the Web3 ecosystem via Telegram Messenger. By the way, it is quite feasible, considering the recent trend of Telegram's popularity growth (you've heard of Notcoin, right?).
One of TON's major achievements is its transaction rate per second - a world record.
Blockchain is still leading in this parameter at the moment.
I'd add that the ecosystem is evolving and intends to be tightly integrated into the mass adoption.
Given Telegram's plans to attract new users for the next year, it could be a promising project.
Moreover, these are potential new users of the Web3 network.
~ TA ~
Looking at the technical analysis, it's hard to say anything concrete, but since the project is global, I would consider a potential upside to $5-10$.
Given the bull market, it will be easier than we think.
That was my fourth episode.
It's my mission to provide specific info on Web3 projects to expand this space.
I'm doing it because, at the beginning of my journey, I would have been happy to find all the info in one pile.
In this work, I tried to close the maximum questions that may have arisen when getting acquainted with Toncoin.
The SEC and XRP standoff is over!
What is the final result and what does the $XRP chart show?
In simple words the crypto community has triumphed, so this is positive news for us all.
$125 million is the price Ripple has to pay as a result of the trial.
Now let's take a look at the chart. We can see how in the 15-minute timeframe the price reacted to the positive news. A local bullish triangle was formed after rapid growth. But what about a larger view?
A huge triangle on a larger scale also looms here. I'm sure now after these events the road to a new ATH is open to us.
BUT!
Before that happens, let's think from the perspective of big capital. It's looking for liquidity accumulations. It would be obvious to make a false breakdown of the global triangle to the downside to take in liquidity.
So I wouldn't rule out an approach to the $0.3 zone before "to the moon".
Either way, in the long term, today's news is bullish.
Are you still an old $XRP holder?
#XRPVictory #Ripple💰
What is the final result and what does the $XRP chart show?
In simple words the crypto community has triumphed, so this is positive news for us all.
$125 million is the price Ripple has to pay as a result of the trial.
Now let's take a look at the chart. We can see how in the 15-minute timeframe the price reacted to the positive news. A local bullish triangle was formed after rapid growth. But what about a larger view?
A huge triangle on a larger scale also looms here. I'm sure now after these events the road to a new ATH is open to us.
BUT!
Before that happens, let's think from the perspective of big capital. It's looking for liquidity accumulations. It would be obvious to make a false breakdown of the global triangle to the downside to take in liquidity.
So I wouldn't rule out an approach to the $0.3 zone before "to the moon".
Either way, in the long term, today's news is bullish.
Are you still an old $XRP holder?
#XRPVictory #Ripple💰
LIVEKroumi
--
Bullish
$XRP - 1M - Long - 1:8 RR
Entry: 0,45
Target: 1,88
Stop loss: 0,27
Risk/Reward 1:8
Why? Let me explain below. Here's a look at the near-term scenario:
If you want to understand where the price is going, open the global chart. Can you find any patterns?
First, you can see a huge triangle forming.
Something similar happened from 2014-2017, and that's when a massive increase of over 4,500% occurred.
But!
Before this event, there was a liquidity gathering lower at the base of the triangle (please note the small triangle), and then boom - a huge upside.
Now we are in a similar situation where the asset is being accumulated by the big whales and getting ready to head to the top. So, I would take this opportunity to consider entering a position at 0.45 with a relatively short stop.
The price may take liquidity at 0.30 or so before rising.
Our target is the ATH zone.
And also there is another point of view that with a horizon of several years, the price can reach 20$, which is hard to believe.
But we can't know how much new capital will flow into the market, especially given current capitalization and issues with regulators.
For now, we will focus on more realistic targets. That's my vision.
If you have any thoughts on this, please write in the comments.
Entry: 0,45
Target: 1,88
Stop loss: 0,27
Risk/Reward 1:8
Why? Let me explain below. Here's a look at the near-term scenario:
If you want to understand where the price is going, open the global chart. Can you find any patterns?
First, you can see a huge triangle forming.
Something similar happened from 2014-2017, and that's when a massive increase of over 4,500% occurred.
But!
Before this event, there was a liquidity gathering lower at the base of the triangle (please note the small triangle), and then boom - a huge upside.
Now we are in a similar situation where the asset is being accumulated by the big whales and getting ready to head to the top. So, I would take this opportunity to consider entering a position at 0.45 with a relatively short stop.
The price may take liquidity at 0.30 or so before rising.
Our target is the ATH zone.
And also there is another point of view that with a horizon of several years, the price can reach 20$, which is hard to believe.
But we can't know how much new capital will flow into the market, especially given current capitalization and issues with regulators.
For now, we will focus on more realistic targets. That's my vision.
If you have any thoughts on this, please write in the comments.
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Trending Topics
Token2049
18M views
8,327 Posts
#bitcoinupdate2024 🚨🚨🚨 "As I mentioned in my last post that we are present in the 4th wave, and the 5th is yet to come. Now, we are in the 5th wave, and it is essential to see where the 5th wave ends. I have been informing you all the time from the beginning till now, posting after the completion of each single wave. Just as I showed you, Bitcoin has prepared the chart in the same way since the start. All the guidance I provided to everyone is here in front of you in each post. Those who have been following me since the beginning know how many people were bearish a few days ago, but I guided you that nothing like that would happen. When Bitcoin dropped to 52k, people were in panic, and at that time, no one had an idea. I guided you based on technical analysis from the start until now, and the result is in front of all of you. Anyone in need of guidance can mention their number in the comments."
#Token2049 #FOMC #BinanceLaunchpoolHMSTR #NeiroOnBinance
TrustMeBro
24 Likes
17.1k views
FOMC
24,364 views
22 Posts
BinanceLaunchpoolHMSTR
29.5M views
11,580 Posts
