Forwarded from Crypto Tweets
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Inverted head and shoulders
🔅 Bullish inverted head and shoulders is a trend reversal pattern.
🔅 It will mark a desire to make a bullish reversal.
🔅 The theory is the same as a triple bottom other than the second bottom will be lower than the others, which are technically at the same height.
🔅 The reverse head and shoulders pattern will be formed by three bottoms that will succeed.
🔅 In the case of a Bullish inverted head and shoulders chart pattern, the stop loss should be placed at the previous low of the pattern.
🔅 The limitation for the target will be the previous resistance level which was formed before by the price action.
@CCCio
🔅 Bullish inverted head and shoulders is a trend reversal pattern.
🔅 It will mark a desire to make a bullish reversal.
🔅 The theory is the same as a triple bottom other than the second bottom will be lower than the others, which are technically at the same height.
🔅 The reverse head and shoulders pattern will be formed by three bottoms that will succeed.
🔅 In the case of a Bullish inverted head and shoulders chart pattern, the stop loss should be placed at the previous low of the pattern.
🔅 The limitation for the target will be the previous resistance level which was formed before by the price action.
@CCCio
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Daily Digest (November 25, 2022)
🔸 Wrapped Bitcoin DAO removes FTX, nine others in move to new multisig.
🔸 Multichain DAO builder XDao closes token round at $50 million valuation.
🔸 DEX aggregator 1inch to protect MetaMask users from frontrunning.
🔸 Bitcoin and ether are not securities, Belgian financial regulator says.
🔸 Binance releases proof-of-reserves system, starting with bitcoin.
🔸 MakerDAO delegates approve GnosisDAO token as DAI collateral.
🔸 Twitter to roll out multi-colored verified user system following blue check chaos.
🔸 Binance clarifies initial $1 billion recovery fund deposit came from own assets.
🔸 CoinFund’s new $300 million fund aims to capture ‘steep’ early-stage value.
🔸 Matrixport is seeking to raise $100 million in funding at a $1.5 billion valuation.
@Cryptocoinscoach
#CryptoPrimeTime_with_Coach
🔸 Wrapped Bitcoin DAO removes FTX, nine others in move to new multisig.
🔸 Multichain DAO builder XDao closes token round at $50 million valuation.
🔸 DEX aggregator 1inch to protect MetaMask users from frontrunning.
🔸 Bitcoin and ether are not securities, Belgian financial regulator says.
🔸 Binance releases proof-of-reserves system, starting with bitcoin.
🔸 MakerDAO delegates approve GnosisDAO token as DAI collateral.
🔸 Twitter to roll out multi-colored verified user system following blue check chaos.
🔸 Binance clarifies initial $1 billion recovery fund deposit came from own assets.
🔸 CoinFund’s new $300 million fund aims to capture ‘steep’ early-stage value.
🔸 Matrixport is seeking to raise $100 million in funding at a $1.5 billion valuation.
@Cryptocoinscoach
#CryptoPrimeTime_with_Coach
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Forwarded from Coins ( ₿ )
Metamask collecting user IP addresses has been a buzz over the past few days.
Joseph Lubin, Founder of ConsenSys and developers of Metamask clears the air in this thread: https://twitter.com/ethereumJoseph/status/1596198718339948552
Tl;dr: MetaMask does not collect IP address but the middleware used by Metamask, Infura, requires this information to process the transaction and communicate back to the transactors. Infura on the other hand is pursuing technical solutions to minimize data collection, including anonymization techniques and complete elimination of data collected.
📍 Follow @Coins for the hottest news in crypto.
Joseph Lubin, Founder of ConsenSys and developers of Metamask clears the air in this thread: https://twitter.com/ethereumJoseph/status/1596198718339948552
Tl;dr: MetaMask does not collect IP address but the middleware used by Metamask, Infura, requires this information to process the transaction and communicate back to the transactors. Infura on the other hand is pursuing technical solutions to minimize data collection, including anonymization techniques and complete elimination of data collected.
📍 Follow @Coins for the hottest news in crypto.
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Forwarded from Coach Private Club
BTC.D : when we look into the dominance chart of BTC we can see a clear formation of a symmetrical triangle where market makers cannot predict the bias.
BTC dominance is currently holding a good horizontal support zone along with a good ascending trend support where we can expect a pull back which will effect badly to the crypto market.
If BTC.D could close candles below the ascending trend support and the support zone we can expect good times to the crypto market.
Always keep an eye on these trend lines in the given chart.
@CCCio
BTC dominance is currently holding a good horizontal support zone along with a good ascending trend support where we can expect a pull back which will effect badly to the crypto market.
If BTC.D could close candles below the ascending trend support and the support zone we can expect good times to the crypto market.
Always keep an eye on these trend lines in the given chart.
@CCCio
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Forwarded from Coach Private Club
BTC : BTC is forming a symmetrical triangle in the lower time frame where there is no bias.
If BTC breaks down we can expect dump until the support zone along with the Fibonacci 1.618 level support.
And if BTC make a breakout we can expect a pump in LTF (lower time frame)
[ahead resistances 17400$ , 18500$ ]
@CCCio
If BTC breaks down we can expect dump until the support zone along with the Fibonacci 1.618 level support.
And if BTC make a breakout we can expect a pump in LTF (lower time frame)
[ahead resistances 17400$ , 18500$ ]
@CCCio
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