Dao
CRVUSD completed the Inverted Head and Shoulders. Buy.Curve Dao Token (CRVUSD) is on a three day bullish streak, attempting to make contact again with the 1D MA50 (blue trend-line). Even though the short-term outlook in the past week has been bearish, we have a series of strong reasons to expect a bullish break-out in the coming days.
First and foremost, the price with the current rise seems to have completed an Inverted Head and Shoulders pattern (IH&S). The current Resistance is around 1.6120 and a break above should be considered as a bullish break-out signal targeting the 2.0 Fibonacci extension at 4.8190 on the long-term. As the chart shows, it is highly likely that this Resistance test will take place at the same time as a 1D MA200 (orange trend-line) test, which is intact since February 10 2022.
Secondly, the 1D MA50 has made a Bullish Cross with the 1D MA100 (green trend-line) for the first time since September 04 2021. At the time, that was an early buy signal into the big rally in the second half of 2021. At the same time, the MACD on the 1W time-frame has been on a Bullish Cross as well, for the first time since August 31 2021.
--------------------------------------------------------------------------------------------------------
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
August 17 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
According to Glassnode, the Number of Ethereum addresses in profit (7d MA) just reached a 3-month high of 5224410.732. Bitcoin is almost flat over the past 24 hours. The largest cryptocurrency attempted to sustain above the psychological resistance at $25,000 for the past three days, but the price could not sustain the higher levels, indicating a loss in upside momentum. If the bears push the price below the 20-day EMA ($23,512), the BTC/USDT pair could find support at $22,000.
Today’s Cryptocurrency Headline
Aave Says On-Chain Wallet Address Censorship will Require DAO Consensus
DeFi lending protocol AAVE stated that wallet monitoring due to government sanctions cannot be implemented at the smart contract level unless the community agrees. Aave said: “As for on-chain, contract-level as it applies to the Aave Protocol, the Aave smart contracts are decentralized — no one person or entity can change, control, update or shut down the protocol. For any change to occur to the protocol, an AIP would have to be proposed, voted on, and approved by the Aave DAO.” The DeFi lender also clarified that the recent block on wallet addresses with indirect Tornado Cash interactions only occurred on its front-end app.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
ENS DAO NFT Culture Now that ens is under $10 (not the $3 I predicted in November 2021, but close enough) it’s looking like a bright spot in the crypto market. One thing that many shitcoin crypto projects have failed to do is create value in any way.. No products, no use case, literally a ponzi. ens domains maybe building something and it’s profitable. I’ll admit it’s not much but it’s something and it’s gained a lot of traction on Twitter. They have a product (.Eth domains) they have revenue, and they have a governance token which could be used in the future to allocate the profit from .eth domain sales towards anything really.
I’m gonna start posting some of my picks for best cryptos to invest during the cryptopocalypse - here’s the first one - ens, ill start buying a little now. I don’t care if it’s the bottom, I’m ok with ens going to 0. I’ve also started accumulating .eth names as well as other domain extensions like .XYZ .NFT and more. It’s kind of fun once you get into it, and it’s a low barrier of entry. I already sold a few .Eth names for profit after just a few months of playing with them.
Cult Dao Breakout 30th June 2022cultdao.io
There is no control, no human interference whatsoever, we cannot change Cult, we cannot access the liquidity, we cannot upgrade or edit the smart contracts or the token. Cult is different because it cannot be stopped, not by the Guardians, the developers, the government,regulation or anybody.
cultdao.io
They can destroy the servers but the code lives on, the investments into Decentralised technologies remain.
$ENS/USDT 3h (#BinanceFutures) Falling broadening wedge breakoutEthereumNameService just regained 100EMA support and looks good for short-term recovery, probably after a last dip!
Current Price= 12.964
Buy Entry= 12.702 - 11.530
Take Profit= 15.409 | 18.184 | 20.961
Stop Loss= 9.472
Risk/Reward= 1:1.25 | 1:2.3 | 1:3.35
Expected Profit= +27.18% | +50.08% | +73.00%
Possible Loss= -21.82%
Fib. Retracement= 0.559 | 0.702 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
Tags: #ENS #ENSUSDT #DNS #Domain #Web3 #DAO #Governance #NFT #DeFi #SolEco
Websites: ens.domains ens.mirror.xyz
Contracts:
#ERC20 0xC18360217D8F7Ab5e7c516566761Ea12Ce7F9D72
#SPL CLQsDGoGibdNPnVCFp8BAsN2unvyvb41Jd5USYwAnzAg
Olympus needs the distribution phase in the middle of the A wavebutterfly harmonic pattern:
X=$91
AB=0.78 XA
BC=0.88 AB
0.78 4-5=$262
0.88 4-5=$212
0.78 X-3=$164
0.88 X-3=$125
1.13 X-3=$64
1.6 4-5=$45
1.27 X-3=$43
2 4-5=$20
1.6 X-3=$16.5
2.24 4-5=$12
$LINA/BTC 12h (#BinanceSpot) Descending trendline break & retestLinear Finance is pulling back to 50MA & 200MA support which just made a golden cross, looks ready to bounce back!
Current Price= 0.00000058
Buy Entry= 0.00000059 - 0.00000055
Take Profit= 0.00000068 | 0.00000076 | 0.00000087
Stop Loss= 0.00000048
Risk/Reward= 1:1.22 | 1:2.11 | 1:3.33
Expected Profit= +19.30% | +33.33% | +52.63%
Possible Loss= -15.79%
Fib. Retracement= 0.5 | 0.786 | 1.117
Margin Leverage= 1x
Estimated Gain-time= 5 weeks
Tags: #LINA #LINABTC #Linear #Yield #Farming #DAO #DEx #DeFi #BSC #DotEco
Website: linear.finance
Contracts:
#ERC20 0x3e9bc21c9b189c09df3ef1b824798658d5011937
#BEP20 0x762539b45a1dcce3d36d080f74d1aed37844b878
$KNC/USDT 12h (#BinanceFutures) Rising wedge on resistance Kyber Network Crystal is retesting previous Highs and seems likely to retrace down after that.
Current Price= 3.901
Sell Entry= 3.936 - 4.212
Take Profit= 3.460 | 3.050 | 2.640
Stop Loss= 4.587
Risk/Reward= 1:2 | 1:2 | 1:2.8
Expected Profit= +15.07% | +25.13% | +35.20%
Possible Loss= -12.59%
Fib. Retracement= 0.236 | 0.382 | 0.559
Margin Leverage= 1x
Estimated Gain-time= 1.5 months
Tags: #KNC #KNCUSDT #Kyber #KyberNetwork #v2 #KyberSwap #DEx #AMM #Marketplace #Governance #DAO #DApp #DeFi #BSC
Website: kyber.network
Contracts:
#ERC20 0xdeFA4e8a7bcBA345F687a2f1456F5Edd9CE97202
#BEP20 0xfe56d5892bdffc7bf58f2e84be1b2c32d21c308b
#Polygon 0x1c954e8fe737f99f68fa1ccda3e51ebdb291948c
$API3/USDT 12h (#BinanceFutures) Descending trendline breakoutApplication Programming Interface 3 is holding above 50MA support and looks ready for a sharp recovery, let's bid!
Current Price= 5.624
Buy Entry = 5.505 - 5.257
Take Profit= 6.127 | 6.756 | 7.295
Stop Loss= 4.782
Risk/Reward= 1:1.25 | 1:2.3 | 1:3.2
Expected Profit= +27.72% | +51.10% | +71.14%
Possible Loss= -22.26%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 1-2 months
Tags: #API3 #API3USDT #API #Oracle #Web3 #PoS #Staking #DAO #Governance #DeFi
Website: api3.org
Contract:
#ERC20 0x0b38210ea11411557c13457D4dA7dC6ea731B88a
Cult DaoBull Flag possible formation , only have volume and price movement since March 31st 2022 not much to go on.
cultdao.io
There is a time when the operation of the machine becomes so odious, makes you
so sick at heart, that you can't take part! You can't even passively take part! And
you've got to put your bodies upon the gears and upon the wheels ... upon the
levers, upon all the apparatus, and you've got to make it stop! And you've got to
indicate to the people who run it, to the people who own it, that unless you're free,
the machine will be prevented from working at all!” - Mario Savio
$AAVE/USDT 3D (#BinanceFutures) Falling wedges on supportAave is looking bottomed here on High Time-Frame (HTF) and is very likely to bounce back on historical demand zone.
Current Price= 132.77
Buy Entry= 131.50 - 117.30
Take Profit= 169.60 | 220.18 | 275.84
Stop Loss= 93.45
Risk/Reward= 1:1.46 | 1:3.09 | 1:4.89
Expected Profit= +36.33% | +76.99% | +121.74%
Possible Loss= -24.88%
Fib. Retracement= 0.236 | 0.441 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 6 months
Tags: #AAVE #AAVEUSDT #Yield #Farming #Lending #Governance #DAO #DeFi #BSC #SolEco
Website: aave.com
Contracts:
#ERC20 0x7Fc66500c84A76Ad7e9c93437bFc5Ac33E2DDaE9
#BEP20 0xfb6115445bff7b52feb98650c87f44907e58f802
#AVAXC 0x8ce2dee54bb9921a2ae0a63dbb2df8ed88b91dd9
#SPL 3vAs4D1WE6Na4tCgt4BApgFfENbm8WY7q4cSPD1yM4Cg
#Fantom 0x6a07A792ab2965C72a5B8088d3a069A7aC3a993B
#Polygon 0xd6df932a45c0f255f85145f286ea0b292b21c90b