Ascending Triangle

🔅The ascending triangle is a bullish candlestick chart pattern that occurs in a mid-trend and signals a likely continuation of the overall trend.

🔅It’s one of the most common chart patterns as it’s quite easy to form - consisting of two simple trend lines.

🔅In the case of a Ascending triangle 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.

@CryptoCoinsCoach

Daily Digest (December 5, 2022)

🔸 Crypto lender Nexo says it's leaving the U.S., cites regulatory 'dead end'.
🔸 Uniswap-based DeFi protocol Panoptic raises $4.5 million.
🔸 1inch tokens worth over $100 million unlocked in December.
🔸 Waves to launch DAO governance framework with token airdrop next year.
🔸 SEBA Bank and HashKey target institutional investors in Hong Kong.
🔸 EU financial regulator to address off-shore crypto companies.
🔸 KuCoin engages auditor Mazars to provide factual findings report.
🔸 Coca-Cola releases FIFA World Cup NFTs based on heatmaps from matches.
🔸 Aave companies acquires social metaverse developer Sonar.
🔸 Circle, SPAC call off plan to take USDC issuer public.

@Cryptocoinscoach
#CryptoPrimeTime_with_Coach

LIT +20%

GALA breakout alert❗️

EGLD : looks to be loading for a breakout 🚀

@CryptoCoinsCoach

AXS still going 🚀

┌ #AXSUSDT 🟢 Buy Volume
├ Volume: 53.073K ₮
┊ ┌Buy Vol: 29.248K ₮
┊ └Sell Vol: 23.824K ₮
├ ΔPrice: 9.13 > 9.17 [0.4%]
├ Vol(24h): 91900754 ₮
├ CMC: #50
├ [Futures] Funding Rate: -0.1873% ⚠️
┊
┊ Trade It Here
└ @CryptoCoinsCoach

🔔 SushiSwap is discussing a new proposal to direct all of the fees paid to xSushi holders into its treasury wallet for a year to provide financing for its operations.

SUSHI is dumping on the proposal

Techinasia: Binance is in negotiations to acquire the Indonesian crypto exchange Tokocrypto. Binance had invested in Tokocrypto in 2020, entering the Indonesian market, aided by the fact that Tokocrypto has obtained a license from the local regulator. — link

TKO+45% pump on the news

TKO prepump happened..

⭐️ Hi fam ❤️

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taking some profit here

taking some profit on AXS as well 💸

Tether announced today the addition of its offshore Chinese Yuan (CNH₮) to the Tron blockchain. At launch, Bitfinex will be the first exchange to enable its users to deposit and withdraw CNH₮ using the Tron blockchain transport layer from the platform. — link

Bullish Flag Pattern

🔅The bull flag pattern is a continuation chart pattern that facilitates an extension of the uptrend.

🔅The price action consolidates within the two parallel trend lines in the opposite direction of the uptrend, before breaking out and continuing the uptrend.

🔅In the case of a Bullish Flag 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.

@CryptoCoinsCoach

Alameda's VC portfolio was published by Financial Times a couple hours ago.

Here are the largest token investments according to the spreadsheet published by FT:

HOLE - $67.5m
Polygon - $50m
NEAR (FTX) - $50m
Port Finance - $33.5m
NEAR (Alameda) - $30m
MINA - $20m
Fuel - $15m
1Inch - $10m
Secret Network - $10m
Euler - $5.6m

Stay safe.

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