LIVEBenbuzz Crypto Flix
@benbuzz
Crypto Enthusiastic, Crypto Investor, Web3 Pioneer, Edtech Entrepreneur
Följer
Följare
Gilla-markeringar
Delade
What Is Layer 0 in Blockchain?
Layer 0 protocols are essentially the infrastructure upon which Layer 1 blockchains can be built. As a foundational layer to blockchain networks and applications, Layer 0 protocols are among many solutions aiming to fix the challenges the industry faces, such as scalability and interoperability. A blockchain ecosystem can be classified according to the following layers: Layer 0: The underlying infrastructure upon which multiple Layer 1 blockchains can be built.Layer 1: Base blockchains used by developers to build applications, such as decentralized applications (DApps).Layer 2: Scaling solutions that handle activities off Layer 1 blockchains to ease their transactional loads.Layer 3: Blockchain-based application layer, including games, wallets, and other DApps.What Problems Can Layer 0 Solve?> InteroperabilityInteroperability refers to the ability of blockchain networks to communicate with one another. This property enables a more tightly interwoven network of blockchain-enabled products and services, which in turn offers a better user experience. > Scalability A monolithic blockchain such as Ethereum is often congested because a single Layer 1 protocol is providing all the critical functions, such as transaction execution, consensus, and data availability. This creates a bottleneck for scaling that Layer 0 can alleviate by delegating these critical functions to different blockchains.> Developer flexibilityTo encourage developers to build on them, Layer 0 protocols often provide easy-to-use software development kits (SDKs) and a seamless interface to ensure developers can easily launch their own purpose-specific blockchains.
#KnowledgeIsPower
OBV (On Balance Volume)
On Balance Volume is a volume indicator that uses trading volume to predict if a price will change.
The idea behind OBV is that the trading volume impacts the price and can serve as a powerful tool to decide if a trend will last or not. On top of that, OBV also offers clues as to what type of participants are trading in the market. For instance, if the volume increases and the price remains flat, it could imply that institutions or more sophisticated players are buying assets from retail traders only to then sell them back as soon as the price goes up.
Unlike for the RSI, numerical values aren’t important to generate signals with the OBV because it’s a momentum indicator. The slope and its direction provide more insight than the absolute value. Broadly speaking, when the volume on up days is outpacing the volume on down days, we can expect an asset to follow the move up eventually. The steeper the slope, the stronger the trend.
#Blur #dydx #KyberSwap $XRP $ETH $BTC
OBV (On Balance Volume)
On Balance Volume is a volume indicator that uses trading volume to predict if a price will change.
The idea behind OBV is that the trading volume impacts the price and can serve as a powerful tool to decide if a trend will last or not. On top of that, OBV also offers clues as to what type of participants are trading in the market. For instance, if the volume increases and the price remains flat, it could imply that institutions or more sophisticated players are buying assets from retail traders only to then sell them back as soon as the price goes up.
Unlike for the RSI, numerical values aren’t important to generate signals with the OBV because it’s a momentum indicator. The slope and its direction provide more insight than the absolute value. Broadly speaking, when the volume on up days is outpacing the volume on down days, we can expect an asset to follow the move up eventually. The steeper the slope, the stronger the trend.
#Blur #dydx #KyberSwap $XRP $ETH $BTC
Inverse Head And Shoulders
The inverse head and shoulders chart pattern is used to predict the reversal of a downward trend. It is also sometimes called the “head and shoulders bottom” or even a “reverse head and shoulders,
traders can draw a neckline between the shoulders and the head – the two peaks between the low points- showing that prices are likely to rise.
Once the pattern completes itself and the neckline has been broken, traders can determine profit and price targets.
#KyberSwap #WLD #MtGox $XRP $ETH $SOL
The inverse head and shoulders chart pattern is used to predict the reversal of a downward trend. It is also sometimes called the “head and shoulders bottom” or even a “reverse head and shoulders,
traders can draw a neckline between the shoulders and the head – the two peaks between the low points- showing that prices are likely to rise.
Once the pattern completes itself and the neckline has been broken, traders can determine profit and price targets.
#KyberSwap #WLD #MtGox $XRP $ETH $SOL
Triple Bottom
A triple bottom pattern shows 3 different small lows at around the similar amount. The triple bottom is regarded to be a difference of the head and shoulders bottom. Like that pattern, the triple bottom is a reversal pattern.
The only option which distinguishes a triple bottom from a head and shoulders bottom is the lack of a “head” between the two shoulders. The triple bottom shows a downtrend in the procedure of becoming an uptrend. It is, therefore, vital to the validity of the pattern that it commence with prices moving in a downtrend.
#RichardTeng #dydx #Blast $BTC $BNB $SOL
A triple bottom pattern shows 3 different small lows at around the similar amount. The triple bottom is regarded to be a difference of the head and shoulders bottom. Like that pattern, the triple bottom is a reversal pattern.
The only option which distinguishes a triple bottom from a head and shoulders bottom is the lack of a “head” between the two shoulders. The triple bottom shows a downtrend in the procedure of becoming an uptrend. It is, therefore, vital to the validity of the pattern that it commence with prices moving in a downtrend.
#RichardTeng #dydx #Blast $BTC $BNB $SOL
market update on the Move...
The U.S. Department of Justice (DOJ) is reportedly seeking over $4 billion from Binance in a proposed settlement to resolve a long-standing investigation. This settlement is expected to conclude a years-long probe into Binance, the world's largest cryptocurrency exchange, and its co-founder. The specifics of the settlement, including the exact terms and any potential implications for Binance's operations, have not been detailed in the reports.
#Pyth #etf #BTC $USDC $XRP $BNB
The U.S. Department of Justice (DOJ) is reportedly seeking over $4 billion from Binance in a proposed settlement to resolve a long-standing investigation. This settlement is expected to conclude a years-long probe into Binance, the world's largest cryptocurrency exchange, and its co-founder. The specifics of the settlement, including the exact terms and any potential implications for Binance's operations, have not been detailed in the reports.
#Pyth #etf #BTC $USDC $XRP $BNB
Rounding bottom
A rounding bottom is a chart pattern used in technical analysis and is identified by a series of price movements that graphically form the shape of a "U". Rounding bottoms are found at the end of extended downward trends . This pattern's time frame can vary from several weeks to several months and is deemed by many traders as a rare occurrence. Ideally, volume and price will move in tandem.
The transfer to an upward trend occurs when buyers enter the market at a low price, which increases demand . Once the rounding bottom is complete, the price breaks out and will continue in its new upward trend. The rounding bottom chart pattern is an indication of a positive market reversal, meaning investor expectations and momentum are gradually shifting from bearish to bullish.#BTC #Pyth #ordinals $BTC $ETH $BNB
A rounding bottom is a chart pattern used in technical analysis and is identified by a series of price movements that graphically form the shape of a "U". Rounding bottoms are found at the end of extended downward trends . This pattern's time frame can vary from several weeks to several months and is deemed by many traders as a rare occurrence. Ideally, volume and price will move in tandem.
The transfer to an upward trend occurs when buyers enter the market at a low price, which increases demand . Once the rounding bottom is complete, the price breaks out and will continue in its new upward trend. The rounding bottom chart pattern is an indication of a positive market reversal, meaning investor expectations and momentum are gradually shifting from bearish to bullish.#BTC #Pyth #ordinals $BTC $ETH $BNB
Breakout & Retest Strategy
Breakouts occur in all types of market environments. Typically, the most explosive price movements are a result of channel breakouts and price pattern breakouts such as triangles, flags, or head and shoulders patterns. As volatility contracts during these time frames, it will typically expand after prices move beyond the identified ranges.Regardless of the timeframe, breakout trading is a great strategy. You can apply this strategy to day trading, swing trading, or any style of trading.Retests can occur on a variety of price action patterns. In fact it’s important to always wait for a retest of the broken level. This involves waiting for the retest as well as confirming price action before putting any capital at risk.#ETH #BTC #WLD $BNB $ETH $BTC
#Educational
Some Things in Crypto Trading You shouldn’t do
✅ Overtrading
✅ Never be confident
✅ Blame
✅ Fear
✅ Regret
✅ Travel & Trade
✅ Average ( Losing Trade )
✅ Doing No stop loss trading
✅ Revenge Trading
Some things in Crypto Trading You should do
✅ Hold your gainers & Cut your losers
✅ Be updated ( Current Affairs )
✅ Trading Process
✅ Win size > Win Rate
✅ Read Books
✅ Have patience
✅ Keep your trading life private
✅ Accept SL emotionally
✅ Bless your Losses
✅ Belief
#etf #Ada #BinanceSquare $LOOM $BOND $GALA
Some Things in Crypto Trading You shouldn’t do
✅ Overtrading
✅ Never be confident
✅ Blame
✅ Fear
✅ Regret
✅ Travel & Trade
✅ Average ( Losing Trade )
✅ Doing No stop loss trading
✅ Revenge Trading
Some things in Crypto Trading You should do
✅ Hold your gainers & Cut your losers
✅ Be updated ( Current Affairs )
✅ Trading Process
✅ Win size > Win Rate
✅ Read Books
✅ Have patience
✅ Keep your trading life private
✅ Accept SL emotionally
✅ Bless your Losses
✅ Belief
#etf #Ada #BinanceSquare $LOOM $BOND $GALA
#Educational
Stop-loss and limit orders
When trading with us, you can Set stop loss and limit orders to automatically close your positions at market levels you choose.
A stop-loss caps your risk by closing your position when the market reaches a position that’s less favourable to you.
Basically, by using a stop loss , you’re establishing the maximum amount you stand to lose if the market moves against you.
Trading Plans
It can help you to take the emotion out of decision making by setting out the parameters of every position.
How and when you should enter and exit trades.
Trading plans include a personal motivation for taking a position, the time commitment you want to make, and the strategies you’ll use to reach your goals.
#Educational
#WLD #CAKE/USDT #agix $BNB $HOOK $BTC
Stop-loss and limit orders
When trading with us, you can Set stop loss and limit orders to automatically close your positions at market levels you choose.
A stop-loss caps your risk by closing your position when the market reaches a position that’s less favourable to you.
Basically, by using a stop loss , you’re establishing the maximum amount you stand to lose if the market moves against you.
Trading Plans
It can help you to take the emotion out of decision making by setting out the parameters of every position.
How and when you should enter and exit trades.
Trading plans include a personal motivation for taking a position, the time commitment you want to make, and the strategies you’ll use to reach your goals.
#Educational
#WLD #CAKE/USDT #agix $BNB $HOOK $BTC
What is Engulfing Candlestick Pattern ?
#Educational #Engulfing candlestick pattern is a popular candlestick pattern used in technical analysis to indicate a potential trend reversal or continuation. It is formed when a smaller candlestick is completely engulfed by the body of a larger #candlestick that follows it.There are two types of Engulfing Candlestick patterns:1. Bullish engulfing pattern: This pattern occurs when a small #bearish candlestick is followed by a larger #bullish candlestick, with the body of the latter completely covering or engulfing the body of the former. This pattern is usually seen as a bullish signal, indicating a potential reversal of a #downward trend.2. Bearish engulfing pattern: This pattern occurs when a small #bullish candlestick is followed by a larger #bearish candlestick, with the body of the latter completely covering or engulfing the body of the former. This pattern is usually seen as a bearish signal, indicating a #potential reversal of an upward trend. $BTC $BNB $FET #etf #WLD #Web3ForAll
#Educational
Trading Rules
✅ Always use a trading plan
✅ Trade every time with same amount
✅ Always use stop loss
✅ Risk only what you can afford to lose
✅ Become a student of the markets
✅ Treat trading Like Business
✅ Protect your trading Capital
✅ Know when to stop trading
✅ Keep trading in perspective
✅ Use Technology to Your Advantage
✅ Develop a methodology based on facts
#etf #BinanceSquare #Educational_Trading_Tips #Web3🤝🥊🌐 $BTC $BNB $CAKE
Trading Rules
✅ Always use a trading plan
✅ Trade every time with same amount
✅ Always use stop loss
✅ Risk only what you can afford to lose
✅ Become a student of the markets
✅ Treat trading Like Business
✅ Protect your trading Capital
✅ Know when to stop trading
✅ Keep trading in perspective
✅ Use Technology to Your Advantage
✅ Develop a methodology based on facts
#etf #BinanceSquare #Educational_Trading_Tips #Web3🤝🥊🌐 $BTC $BNB $CAKE
#Educational
Exponential moving average (EMA)
EMA is another form of moving average. Unlike the SMA, it places a greater weight on recent data points, making data more responsive to new information. When used with other indicators, EMAs can help traders confirm significant market moves and gauge their legitimacy.
The most popular exponential moving averages are 12- and 26-day EMAs for short-term averages, whereas the 50- and 200-day EMAs are used as long-term trend indicators.
$BTC $ETH $BNB #etf #Web3ForAll
Exponential moving average (EMA)
EMA is another form of moving average. Unlike the SMA, it places a greater weight on recent data points, making data more responsive to new information. When used with other indicators, EMAs can help traders confirm significant market moves and gauge their legitimacy.
The most popular exponential moving averages are 12- and 26-day EMAs for short-term averages, whereas the 50- and 200-day EMAs are used as long-term trend indicators.
$BTC $ETH $BNB #etf #Web3ForAll
What is a #Doji Candlestick ?
#Educational #etf #Web3ForAll What is a #Doji Candlestick ?A #Doji candlestick is a type of chart pattern that is commonly used in technical analysis for trading. It is formed when the opening and closing prices of an #asset are virtually equal, resulting in a small body with long upper and lower shadows.The #Doji candlestick is considered a reversal pattern, indicating a possible change in the direction of the trend. If it appears after an #uptrend, it may indicate a potential #reversal to a downtrend. Conversely, if it appears after a #downtrend, it may indicate a potential reversal to an #Trading uptrend.The #Doji candlestick can provide important information about market sentiment, as it shows that neither buyers nor sellers were able to gain control during the period represented by the #candlestick. This can suggest that the market is undecided or that there is a lack of conviction among traders, potentially leading to a change in direction.$BTC $ETH $BNB .
