Trading Crypto Guide ™
#BTC just made the drop from newly made resistance zone and broke the minor supports. Price is expected to reach the support zone of $64,800 - $66,000, where a reversal is expected. Market is correcting itself which is a good to see as it will lead to a healthy…
#BTC dipped down exactly as predicted and made a strong bounce from it. Price Right Now, struggling from there to break out of the resistance area of $69,600 - $70,000. IF we look into weekly closing, weekly candle made a retest back to the support and large wick which shows strong rejection. Hopefully, we can expect to see a #ATH break too.
Trading Crypto Guide ™
Here's the Analysis of #AGIX : #AGIX is been going within the corrective move and dropping hard now. Price reached the support zone of $0.97 - $1.02. Looks like a buy scenario is forming but there're two zone so you can split the risk. The next support zone…
#AGIX made a bounce from the support zone as expected and made a high of $1.249 which is 22.3% in profits. Secure some right here and hodl the rest. Of course we didn't moved lower for more buys, we can go with the potential scale-in on the retest.
Trading Crypto Guide ™
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Here's the Analysis of #ZIL :
#ZIL is been rejected from the Strong Resistance Zone of $0.0415 and started making lower lows. Currently, price is middle of no where and might get a bounce from the Trendline. So, as of now nothing can be done here, so wait for the price to form up a support and take the opportunities from there itself.
#ZIL is been rejected from the Strong Resistance Zone of $0.0415 and started making lower lows. Currently, price is middle of no where and might get a bounce from the Trendline. So, as of now nothing can be done here, so wait for the price to form up a support and take the opportunities from there itself.
Trading Crypto Guide ™
#BTC dipped down exactly as predicted and made a strong bounce from it. Price Right Now, struggling from there to break out of the resistance area of $69,600 - $70,000. IF we look into weekly closing, weekly candle made a retest back to the support and large…
Trading Crypto Guide ™
#AGIX made a bounce from the support zone as expected and made a high of $1.249 which is 22.3% in profits. Secure some right here and hodl the rest. Of course we didn't moved lower for more buys, we can go with the potential scale-in on the retest.
#AGIX trying to break below the support zone and market is dumping too. Price making it way lower, so i hope you booked the profits, and now its time for shorting for a short scalp till support zone of $0.79 - $0.82.
🔵 The percent drawdown of LTH Supply from its peak.
🔴 The percent uptick of STH supply from its cycle low.
At previous bull market peaks, LTH supply had declined by between -14%, and up to -25%, suggesting a relative degree of distribution pressure each cycle. Conversely, STH Supply tends to reach a maximum around the cycle top, increasing by more than 83% from its cycle low.
If we make the overly-simplistic, ballpark-grade assumption that these drawdown/uptick magnitudes reflect a point of supply/demand inflection at cycle peaks, it would indicate that the current market has experienced around 30% of the typical distribution cycle.
🔴 The percent uptick of STH supply from its cycle low.
At previous bull market peaks, LTH supply had declined by between -14%, and up to -25%, suggesting a relative degree of distribution pressure each cycle. Conversely, STH Supply tends to reach a maximum around the cycle top, increasing by more than 83% from its cycle low.
If we make the overly-simplistic, ballpark-grade assumption that these drawdown/uptick magnitudes reflect a point of supply/demand inflection at cycle peaks, it would indicate that the current market has experienced around 30% of the typical distribution cycle.
What Is Odysee?
It is a website that enables the uploading and sharing of videos, allowing its users to publish their work without the need for paying hosting fees. It is also decentralized and censorship-resistant, meaning that there are no servers to shut down or block.
Through the Odysee app, you can create your own channel, upload your videos to be shared with the world, and subscribe to other channels you enjoy. As a viewer, you can explore content from around the world through channels and hashtags.
Odysee offers a safe home for your videos. But what does that mean in practice? Here are the three pillars of the Odysee platform:
Decentralization means that your videos are hosted all over the world. There is no single point of failure, and no one can take your videos offline. In this way, Odysee is similar to blockchain-based services like LBRY and Bitcoin (where transactions are stored in blocks across a network of computers).
A permanent home for videos is important because many video hosting platforms today have taken down videos for dubious reasons. Odysee ensures that your content will always be available because it would require an enormous amount of computing power to remove the files from numerous computers around the world.
The ability to earn money with your videos is one of the most exciting features of Odysee. By using LBRY credits, you can reward people who view your content directly by tipping them or offering subscriptions. You can also earn tips on other people's content by "liking" or commenting.
Relation Between Odysee and LBRY Network
Odysee is created by the team behind LBRY Network or LBRY Blockchain. Earlier, it used to be lbry[dot]tv
LBRY TV is a media platform that allows creators to set their own price, keep their own ad revenue, and now — host their content. Creators can either choose to host their content on the platform or simply link out to their own website. The platform has the potential to be a major player in creating an independent creator economy without the need for advertisers (or middleman platforms) to generate revenue.
The company believes that its new hosting service will not only help creators generate more income but also protect them from censorship as it’s harder for platforms such as YouTube to ban creators when they’re not hosting the content on their platform.
It sees itself as a community-driven, decentralized Netflix and plans on being home to some of the most popular movies, shows, and documentaries on the internet.
LBRY Network is a blockchain-based, open-source protocol for the creation, distribution, and discovery of digital content. With LBRY, you can buy, rent, or sample videos from major studios, indies, and even YouTube creators!
It is a website that enables the uploading and sharing of videos, allowing its users to publish their work without the need for paying hosting fees. It is also decentralized and censorship-resistant, meaning that there are no servers to shut down or block.
Through the Odysee app, you can create your own channel, upload your videos to be shared with the world, and subscribe to other channels you enjoy. As a viewer, you can explore content from around the world through channels and hashtags.
Odysee offers a safe home for your videos. But what does that mean in practice? Here are the three pillars of the Odysee platform:
Decentralization means that your videos are hosted all over the world. There is no single point of failure, and no one can take your videos offline. In this way, Odysee is similar to blockchain-based services like LBRY and Bitcoin (where transactions are stored in blocks across a network of computers).
A permanent home for videos is important because many video hosting platforms today have taken down videos for dubious reasons. Odysee ensures that your content will always be available because it would require an enormous amount of computing power to remove the files from numerous computers around the world.
The ability to earn money with your videos is one of the most exciting features of Odysee. By using LBRY credits, you can reward people who view your content directly by tipping them or offering subscriptions. You can also earn tips on other people's content by "liking" or commenting.
Relation Between Odysee and LBRY Network
Odysee is created by the team behind LBRY Network or LBRY Blockchain. Earlier, it used to be lbry[dot]tv
LBRY TV is a media platform that allows creators to set their own price, keep their own ad revenue, and now — host their content. Creators can either choose to host their content on the platform or simply link out to their own website. The platform has the potential to be a major player in creating an independent creator economy without the need for advertisers (or middleman platforms) to generate revenue.
The company believes that its new hosting service will not only help creators generate more income but also protect them from censorship as it’s harder for platforms such as YouTube to ban creators when they’re not hosting the content on their platform.
It sees itself as a community-driven, decentralized Netflix and plans on being home to some of the most popular movies, shows, and documentaries on the internet.
LBRY Network is a blockchain-based, open-source protocol for the creation, distribution, and discovery of digital content. With LBRY, you can buy, rent, or sample videos from major studios, indies, and even YouTube creators!
Trading Crypto Guide ™
Choose a Coin For Analysis
Here's the Analysis of #AEVO :
#AEVO recently got listed in #Binance and there's not much more data available to analyze and in #LTF price creating lower lows with the market dump and currently price testing the Resistance zone of $2.26 - $2.28 and might got a rejected or break too but levels are still undefined. Its a no trade zone, so better wait for quality opportunities.
#AEVO recently got listed in #Binance and there's not much more data available to analyze and in #LTF price creating lower lows with the market dump and currently price testing the Resistance zone of $2.26 - $2.28 and might got a rejected or break too but levels are still undefined. Its a no trade zone, so better wait for quality opportunities.
Trading Crypto Guide ™
#BTC dipped down exactly as predicted and made a strong bounce from it. Price Right Now, struggling from there to break out of the resistance area of $69,600 - $70,000. IF we look into weekly closing, weekly candle made a retest back to the support and large…
#BTC gave a break and close below of the support zone of and made a retest too. Market is dumping heavily and expected to reach the support zone around $58,200 - $59,550. Market was strongly correcting itself, so don't fear and watch it out.
Binance Will Delist DREP, MOB, PNT on 2024-04-03
https://www.binance.com/en/support/announcement/1e531578a30c46eebf52c8dae3c56092
https://www.binance.com/en/support/announcement/1e531578a30c46eebf52c8dae3c56092
Trading Crypto Guide ™
#TOTAL2 (Altcoin MarketCap) Update : #TOTAL2 Played out of the box and performed exceptionally well. Index did made it break and recently got it retest and reversed. Now the Next resistance area would be at $1.35 - $1.41, means new room for alts movement.…
The RHODL Ratio is another popular metric for tracking this transfer of wealth from old HODLers to new investors and Speculators. It is constructed as the ratio between wealth stored within in 1-week old vs 1y-2y old coins.
The chart below has highlighted in 🔵 where the RHODL Ratio crosses above its current value of 6.3k. We can see that this indicator is in a very similar position to all prior ATH breaks, suggesting the transfer of wealth is firmly in line with historical precedents.
The chart below has highlighted in 🔵 where the RHODL Ratio crosses above its current value of 6.3k. We can see that this indicator is in a very similar position to all prior ATH breaks, suggesting the transfer of wealth is firmly in line with historical precedents.
What Is an Off-Chain Governance?
In a decentralized governance network, stakeholders vie for influence through various collaborative efforts. This includes engagements across social media, online forums, conferences, and other gatherings, forming the bedrock of off-chain governance practices within public blockchains.
Much like traditional politics, off-chain governance mirrors a complex interplay of interests, with different factions striving to sway support towards their agendas. Unlike on-chain systems, there are no hardcoded rules dictating actions; rather, decisions are guided by the perceived interests of stakeholders in relation to others.
Prominent public blockchains like Bitcoin and Ethereum predominantly rely on off-chain governance mechanisms. Proposed changes undergo extensive deliberations online, involving key players such as core development teams, developers, miners, researchers, and the broader user community. While anyone can participate in these discussions, there's no formal on-chain voting mechanism.
Despite the significant hash power wielded by large mining pools, it doesn't translate into governance rights within Bitcoin. Miners' sole function is to validate transactions, with no direct influence on protocol decisions.
Ethereum follows a similar governance model, with Vitalik Buterin leading the core development team. Discussions surrounding protocol upgrades follow formal channels such as Bitcoin Improvement Proposals (BIPs) and Ethereum Improvement Proposals (EIPs), with stakeholders signaling their support or dissent through various channels.
In cases of disagreement, stakeholders can either persuade others to their viewpoint or opt for a hard fork, allowing them to maintain or alter protocol aspects they deem crucial. While off-chain governance endeavors to accommodate diverse interests, decision-making power tends to gravitate towards core developers and miners due to the lack of binding agreements.
In a decentralized governance network, stakeholders vie for influence through various collaborative efforts. This includes engagements across social media, online forums, conferences, and other gatherings, forming the bedrock of off-chain governance practices within public blockchains.
Much like traditional politics, off-chain governance mirrors a complex interplay of interests, with different factions striving to sway support towards their agendas. Unlike on-chain systems, there are no hardcoded rules dictating actions; rather, decisions are guided by the perceived interests of stakeholders in relation to others.
Prominent public blockchains like Bitcoin and Ethereum predominantly rely on off-chain governance mechanisms. Proposed changes undergo extensive deliberations online, involving key players such as core development teams, developers, miners, researchers, and the broader user community. While anyone can participate in these discussions, there's no formal on-chain voting mechanism.
Despite the significant hash power wielded by large mining pools, it doesn't translate into governance rights within Bitcoin. Miners' sole function is to validate transactions, with no direct influence on protocol decisions.
Ethereum follows a similar governance model, with Vitalik Buterin leading the core development team. Discussions surrounding protocol upgrades follow formal channels such as Bitcoin Improvement Proposals (BIPs) and Ethereum Improvement Proposals (EIPs), with stakeholders signaling their support or dissent through various channels.
In cases of disagreement, stakeholders can either persuade others to their viewpoint or opt for a hard fork, allowing them to maintain or alter protocol aspects they deem crucial. While off-chain governance endeavors to accommodate diverse interests, decision-making power tends to gravitate towards core developers and miners due to the lack of binding agreements.
Trading Crypto Guide ™
Choose a Coin For Analysis
Here's the Analysis of #MASK :
#MASK is been strongly rejected from the Major Resistance Zone of $5.25 - $5.34 and reached the other end of the market at Strong Support Zone around $4.11 - $4.18. Well, market looks pretty scary Right now, so a close below candle will lead the any short drop in #MASK, so take it accordingly.
#MASK is been strongly rejected from the Major Resistance Zone of $5.25 - $5.34 and reached the other end of the market at Strong Support Zone around $4.11 - $4.18. Well, market looks pretty scary Right now, so a close below candle will lead the any short drop in #MASK, so take it accordingly.