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By tradinglounge · Posted
GBPUSD Elliott Wave Analysis Trading Lounge Day Chart British Pound/ U.S. Dollar (GBPUSD) – Day Chart GBPUSD Elliott Wave Technical Analysis Function: Bearish Trend Mode: Impulsive Structure: Orange Wave 3 Position: Navy Blue Wave 3 Direction of Next Lower Degrees: Orange Wave 3 (in progress) Details The daily chart of GBPUSD demonstrates a bearish trend based on Elliott Wave analysis. The current wave structure is identified as orange wave 3, which forms part of the impulsive sequence within navy blue wave 3. This indicates ongoing downward pressure in the market. The analysis suggests that orange wave 2 appears to have completed, paving the way for the development of orange wave 3 within navy blue wave 3. Consistent with Elliott Wave Theory, impulsive waves signify strong directional moves, and the active orange wave 3 signals a notable bearish phase with further potential for price declines. Key Technical Level Wave Cancellation/Invalidation Level: 1.30502 If the market rises above this level, the current wave structure will need reassessment, potentially indicating a deviation from the projected bearish trend. This Elliott Wave analysis provides a structured approach for traders to interpret GBPUSD’s bearish momentum. By emphasizing critical levels and directional trends, the analysis supports an understanding of the ongoing downward trajectory as the impulsive wave unfolds. British Pound/ U.S. Dollar (GBPUSD) – 4-Hour Chart GBPUSD Elliott Wave Technical Analysis Function: Bearish Trend Mode: Impulsive Structure: Orange Wave 3 Position: Navy Blue Wave 3 Direction of Next Lower Degrees: Orange Wave 3 (in progress) Details The GBPUSD 4-hour chart presents an Elliott Wave analysis indicating a bearish trend. The current wave structure is identified as orange wave 3, which is part of an impulsive sequence within navy blue wave 3. This highlights the continuation of downward momentum in the market. The analysis suggests that orange wave 2 has likely completed, marking the onset of orange wave 3 within navy blue wave 3. In line with Elliott Wave Theory, impulsive waves are characterized by strong directional movements. The active orange wave 3 indicates a significant bearish phase, with the potential for further price declines. Key Technical Level Wave Cancellation/Invalidation Level: 1.30502 If the market moves above this level, the current wave structure must be reevaluated, indicating a possible departure from the expected bearish trend. This Elliott Wave analysis delivers a structured framework for traders to assess the GBPUSD’s bearish trajectory. By emphasizing critical levels and trends, it provides valuable insights into the continuation of downward momentum as the impulsive wave sequence evolves. Technical Analyst : Malik Awais Source : Tradinglounge.com get trial here! -
By cryptoconnect · Posted
Be The First to Find New Crypto projects with CoinPedia Coinpedia Launchpad is more than just a platform for discovering new investment opportunities—it’s a comprehensive resource that empowers investors with valuable knowledge and insights. Through Coinpedia crypto Launchpad provides information on the latest upcoming, ongoing crypto presales, new crypto projects, Crypto ICO, IDO & other token Launchpad lists in the most transparent and informative manner. Educational Hub: Coinpedia Launchpad goes beyond project listings by providing a wealth of educational content. Investors can dive deep into blockchain fundamentals, tokenomics, and market analysis, gaining a strong understanding of the technologies and trends shaping the crypto space. This helps investors build a solid foundation, allowing them to make well-informed, confident decisions. Project Insights: The Launchpad provides detailed overviews of blockchain projects, covering aspects such as their goals, underlying technology, team, and market potential. This transparency and depth of information enable investors to evaluate projects thoroughly, empowering them to identify promising opportunities for early involvement and growth. How do projects qualify for a Top ICO/IDO/IEO List? To qualify for the Top ICO/IDO/IEO List on Coinpedia, a project must meet a set of rigorous criteria established by our team of experts. Key factors include: Team & Experience: The expertise and track record of the project’s team in the blockchain and crypto industry. Growth Potential: The project's likelihood for adoption and market growth. Product or Service: The utility and value of the offering, along with its innovative features. Roadmap & Timeline: Clear milestones and timelines for development and launch. Marketing & Community: The level of community engagement, marketing performance, and visibility. Market Conditions: The overall state of the market and its alignment with the project. Additionally, we evaluate the token economics, distribution strategy, and use case. We thoroughly review the whitepaper, project documentation, and any partnerships or collaborations. Once a project meets these comprehensive criteria, it is added to our regularly updated list of Top Crypto New ICO/IDO/IEO, ensuring that our users have access to the most reliable and current information. The difference between IDO vs ICO listing ICO (Initial Coin Offering) is a fundraising method widely used by cryptocurrency projects to raise capital. Through an ICO, investors can buy tokens directly from the project in exchange for fiat currency or other cryptocurrencies. ICOs are generally conducted on centralized platforms, requiring significant funds to participate, and often come with higher risks due to a lack of transparency and security. In contrast, IDO (Initial DEX Offering) is a modern fundraising method that leverages decentralized exchanges (DEXs) for token sales. Through an IDO, investors can purchase tokens directly from the DEX or launchpad, bypassing intermediaries and ensuring a more transparent process. Since IDOs are usually conducted on blockchain platforms, they offer enhanced security and fraud prevention, making them an attractive option for investors. Another key advantage of IDOs over ICOs is that they are more inclusive—allowing smaller investors to participate due to lower minimum investment requirements. This makes IDOs an ideal choice for those looking to invest in cryptocurrency projects with reduced barriers to entry while ensuring a more secure and transparent fundraising method. Where can I find the most up-to-date Initial Coin Offering list? For discovering and evaluating crypto tokens, CoinPedia is a platform that aggregates and analyzes upcoming ICOs, providing a helpful rating system. It goes beyond token sales, offering insights into investment funds, influencer networks, and crypto contests like airdrops. Other reliable platforms for tracking crypto ICOs include Cryptorank, DropsTab, and ICO Drops, which provide up-to-date information and rankings to help investors find the best opportunities in the crypto space. Where can I get the latest news about upcoming crypto coins? If you're looking for the latest news about upcoming IDO, IEO & ICO listings, there are several online resources you can turn to: Follow reliable crypto news sources. Join cryptocurrency-related communities on social media platforms such as Twitter, Telegram, and Reddit. Check out dedicated crypto forums and groups. Use specialized platforms such as CoinPedia that provide detailed calendars of active, upcoming, and ongoing crypto Presales, including token sales and new crypto project launches, and get information on the latest new tokens listed and their ICO, and IDO details. -
By Crypto_Dec0ded · Posted
Tezos is the engine behind the digital token Tez (XTZ), also called "tezzie." Tezos boasts an on-chain governance model where stakeholders vote on protocol upgrades, unlike many blockchains requiring contentious hard forks to evolve. This ensures smooth transitions and keeps the platform adaptable. If you’re an investor eyeing the crypto market in December 2024, Tezos should undoubtedly be on your radar. Let’s dive into why Tezos could be one of the best investment opportunities as we head into 2025. For further insights, don't forget to check out Tezos Price Prediction for 2025 and 2030 to stay updated on its potential price trends in the coming years. Overview Tezos is a Game-Changer Tezos’ architecture is designed to resist splits, maintaining blockchain integrity even during upgrades. This reliability sets it apart from networks like Bitcoin and Ethereum, which have experienced significant forks. Tezos leverages a Proof-of-Stake (PoS) consensus mechanism, reducing energy consumption dramatically compared to Proof-of-Work (PoW) systems like Bitcoin. This eco-friendly approach appeals to creators, developers, and businesses prioritizing sustainability. Tezos rewards active participation through a dynamic staking mechanism called "baking," which not only secures the network but also promotes decentralization. From DeFi and dApps to NFTs, Tezos is proving its versatility. Artists and developers flock to the platform for its scalability, security, and sustainability. Technical Analysis Trading volume has increased during the recent rally, indicating strong investor interest. XTZ saw a significant price jump from around $0.75 at the start of November to above $1.80 by early December, a rise of over 100%. This rapid growth suggests strong bullish momentum. The RSI has likely been in an overbought condition during the rally, suggesting that the recent pullback could be a healthy correction before further gains. XTZ's Future Looks Promising Despite recent market fluctuations, Tezos continues to gain traction in the blockchain space. The platform's unique features and growing adoption position it for long-term growth. Experts suggest that as XTZ continues to gain traction in industries like DeFi, gaming, and NFTs, its price could see significant upward movement. Market analysts project that by 2025, XTZ could reach anywhere from $5 to $8, depending on broader market trends and continued adoption. In a world of blockchain projects that often struggle to stay relevant, Tezos stands out with its ability to evolve. Its eco-friendly consensus mechanism, governance model, and innovative updates like the Mumbai Protocol make it a solid investment for the future. Whether you’re an NFT artist looking for a sustainable platform or an investor seeking a blockchain that’s built to last, Tezos checks all the right boxes. So, what’s holding you back from exploring Tezos today?
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