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10/06/21 10:53
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Posts
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By tradinglounge · Posted
Elliott Wave Analysis TradingLounge Daily Chart, 1 December 23, Polkadot / U.S. dollar(DOTUSD) DOTUSD Elliott Wave Technical Analysis Function: Follow Trend Mode: Motive Structure: Impulse Position: Wave 1 Direction Next higher Degrees: wave (1) of Impulse Wave Cancel invalid level: Details: Wave 1 may have ended and prices are entering. Correction in Wave 2 Polkadot / U.S. dollar(DOTUSD)Trading Strategy: The rise in wave (1) appears to have ended at the 5.876 level and the price is entering a correction period in wave (2), where the retracement of wave (2) is usually at .50 or .618 x volatility. Long Wave (1) Therefore, Theta Token's trend is still up. A reversal is just a correction to continue the wave (3). Polkadot / U.S. dollar(DOTUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, Wave Oscillators a Bullish Momentum. TradingLounge Analyst: Kittiampon Somboonsod, CEWA Source : Tradinglounge.com get trial here! Elliott Wave Analysis TradingLounge 4H Chart, 1 December 23, Polkadot / U.S. dollar(DOTUSD) DOTUSD Elliott Wave Technical Analysis Function: Follow Trend Mode: Motive Structure: Impulse Position: Wave 1 Direction Next higher Degrees: wave (1) of Impulse Wave Cancel invalid level: Details: Wave 1 may have ended and prices are entering. Correction in Wave 2 Polkadot / U.S. dollar(DOTUSD)Trading Strategy: The rise in wave (1) appears to have ended and the price is entering a correction period in wave (2), where the retracement of wave (2) is usually at .50 or .618 x volatility. Long Wave (1) Therefore, Theta Token's trend is still up. A reversal is just a correction to continue the wave (3). Polkadot / U.S. dollar(DOTUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, Wave Oscillators a Bullish Momentum. -
By Captainsaudi · Posted
Nice analysis, but none of these tokens retest their previous ATH or set a new one. $BGB has shown its potential by setting a new ATH and aiming to hit higher in the anticipated bull run. It is another token to include on your watchlist. -
Of course, here are a few exchanges with native tokens and their growth over the past 18 months: Binance BNB 239% Kinbase COIN 43% Kraken KRAKEN 194% FTH FTT 84% Uniswap EMU 167% It is important to note that these are only past performance figures and there is no guarantee that they will continue to hold up in the future. However, the growth of these exchanges suggests that their native tokens could be good investments in the next bull period. Here are some additional factors to consider when choosing an exchange token to invest in: Utility: Does the token have any utility beyond just being a store of value? For example, can it be used to pay commissions on an exchange or to receive discounts on services? Liquidity: How easy is it to buy and sell a token? Team: Does the exchange have a strong team with a proven track record? Community: Does the exchange have a large and active community? By considering these factors, you can make a more informed decision about which exchange token to invest in. I recently began to study crypto even more actively, created a new one wallet for business, with the help of which I will carry out calculations in my business. Crypto is the future, so study it and develop in this direction. Hope this helps!
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