🎮 AAA shooting game masterpiece XOCIETY raised US$7.5 million in financing 🙌
XOCIETY, a AAA shooting masterpiece built on the Sui chain, takes advantage of Sui's four characteristics: extreme transaction speed, high throughput, abundant on-chain resources and friendly UX, to provide users with an excellent experience. Little Penguin is looking forward to the future development of this area! There may be an opportunity to combine#SuiPlay0x1to bring a new wave of gaming hobby to the blockchain
If the Bitcoin ETF is passed, although it will attract more investors and funds to enter the market and greatly increase exposure and liquidity, it will also bring into question the decentralized nature of Bitcoin and even cryptocurrencies.
How do we achieve a balance between reality and ideals? Presumably the answer is not black and white, but somewhere in a gray area.
Market Profile and Time Price Opportunity (Part 3) Exploring TPO’s Price Behavior to Assist in Determining Trends
Preface
Continuing the POC and IB we mentioned in Market Profile Time Price Opportunity (Part 2), we will extend the relevant content and combine it with actual cases to bring everyone together to understand the relevant applications in depth.
Failed Auction Failed Auction
As we mentioned in the auction market theory (in), a failed auction behavior is a failed auction behavior when the price breaks through the reasonable value range and is not accepted by the market. If combined with the concept of IB, we can say that when the price attempts to break through IB, it does not leave IB for 30 minutes. When it returns to IB, it may test the other side of IB.
Market Profile and Time Price Opportunity (Part 2) Exploring the Related Applications of POC and IB
Point of Control
Point of Control, referred to as POC, represents the price band that accumulates the most within a range. In the above picture, the orange letters stack up to form the highest price band, which is POC. Generally speaking, POC is a price that represents a reasonable value. You can think of it as a magnet. When the price deviates from POC, there will be an attraction to pull the price back.
Like other trading concepts, POC is best when it is fresh and untested. At this time, we will call it naked POC (nPOC).
nPOC can be used as an exit point, but generally it will not be used as an entry point because the behavior after entry is not very predictable. Similar to the price behavior mentioned in the auction market (below), if nPOC is touched with strong momentum, it is very likely to deviate from this price range in the future.
Market Profile Market Profile and Time Price Opportunity (1) The Dance of Time, Price and Value
Preface
A market is a place composed of buyers and sellers. A prosperous market is made up of active buying and selling transactions, while market contraction is often caused by indifferent transactions. We can observe this phenomenon in any commodity market. For example, when the holidays come, traffic surges, causing merchants’ sales volume and price fluctuations to increase. When seasons change, out-of-season products are often sold at discounts, causing savvy consumers to rush to buy them. Although merchants sell goods at low prices, they generate cash flow to help with capital turnover, thus promoting a new cycle. This is one of the economic laws of the market.
Three disciplined trading principles that traders must know, a must-read for financial traders!
Preface
Little Penguin has been writing articles about disks. This week, I changed my mood and shared the content about mentality. I used to be very interested in the body, mind and soul, and thus developed the habit of thinking about the world from a psychological perspective.
Trading is a game that cannot be mastered by a single person. Its rules are very simple, which is to buy low and sell high. However, the difficulty is that in the face of market fluctuations, how can we survive the destruction and victory one after another?
This is something we have to experience, not something we can think about through our heads.
6/17 In the weekly live broadcast of DA Traders Alliance, Little Penguin mentioned that the monthly and weekly lines are still in the long trend. Even if the daily line is short, going long is still a reasonable strategy to follow the trend. At the same time, the live broadcast also mentioned the opportunity to enter the market at the bottom.
Follow up and continue to observe the reaction of scanning BSL at 30K and 31K at the top Waiting for more information from the market 🔆
Missed the SUI airdrop? Explore dip opportunities in SUI and other popular coins
Author: p3nchan
Compiled by: DA Trader Association
Date of writing: 2023/05/09
Preface
SUI was airdropped on major exchanges a while ago, and everyone in the DA Traders Alliance was very happy. Sui mining and SUI sales were discussed every day. If you haven’t followed this wave, it doesn’t matter. Don’t miss the craze of new currency listings and possible bargain hunting opportunities! At the same time, this article will also mention Little Penguin’s views on ARB and BLUR, so let’s read on!
When describing blockchain and cryptocurrencies, be aware of capitalization