IRIS/BTC
IRISnet is a service protocol and cryptocurrency, which was officially launched on Mar. 1, 2019. The primary purpose of the IRISnet protocol is to provide a blockchain-based, open network to small and medium businesses that are offering a wide variety of services.

Technically lying above strong support. RSI is in the oversold region. MACD is showing bullish momentum. It will pump hard from here. so now is the right time to build your position in it before breakout for massive profits😊

Targets: 95-105-125-165-200 satoshi

Stop if 1D close below 51 satoshi

IRIS/USDT is ready to take off 🚀

Targets: $0.02995-0.04175-0.05265-0.06575

SL: $0.01666

Finally Bitcoin give a breakout above the $31,000 resistance area. The local resistance is $32,500 and a break above will send us towards major resistance of $34,000-$35,000 area. The support is now $30,500-$31,000 area and market looks good above it.

Educational Post:

What is OCO order?

An OCO, or “One Cancels the Other” order allows you to place two orders at the same time. It combines a limit order, with a stop-limit order, but only one of the two can be executed.

In other words, as soon as one of the orders get partially or fully filled, the remaining one will be canceled automatically. Note that manually canceling one of the orders will also cancel the other one.

The OCO feature is a simple but powerful tool, which allows you and other Binance users to trade in a more secure and versatile way. This special type of order can be useful for locking profits, limiting risks, and even for entering and exiting positions.

Important terms in OCO order.

Limit order

Price: The price of your limit order. This order will be visible on the order book.

Stop-Limit

Stop: The price at which your stop-limit order will be triggered (e.g., $300).

Limit: The actual price of your limit order after the stop is triggered (e.g., $290).

Amount: The size of your order (e.g., 5 BNB).

Total: The total value of your order (total cost).

Binance Completes the Terra (LUNA) Airdrop Distribution to Terra Classic (LUNC) and TerraClassicUSD (USTC) Holders

https://www.binance.com/en/support/announcement/947344465a6b4263b2b38edb88e37a5c

#TRB drastically move to the upside as it was lying in the weekly support zone. #TRB hits our third target and made a high of 543 Sat which is 59% in profits. I hope you books all the profit over tue increasing market price🚀🚀.

AVAX was rejected from the major resistance area. This is the reason we told you to wait for new entries. Never open a long position at resistance. The local support is $25.50-$26 area and $23.70-$23.90 area. Wait for a test of the support level.

KSM dump to $65.4 and bounced hard from there. It gives 22% profit from the support area. You can partially book some profit here. The major resistance is the $80 area and a break above this will send us toward the $87.6-$89 resistance level.

MATIC broke the downtrend channel pattern and also broke the $0.61 resistance. We will update you for new entries. The major resistance is $0.738-$0.74 area. We might see rejection from this resistance level.

FIO/BTC
FIO Protocol (FIO) is a blockchain protocol that aims to enable a better way of sending/receiving coins and tokens.

Technically lying above strong support. RSI is in the oversold region. MACD is showing bullish momentum. It will pump hard from here. so now is the right time to build your position in it before breakout for massive profits😊

Targets: 205-245-290-330

FIO/USDT lying above strong support. Stochastic is giving a buying signal. It will bounce hard from here. so now is the right time to build your position in it before breakout for massive profits😊

Targets: $0.0654-0.0785-0.0895-0.1125

SL: $0.0392

FIO/BTC is ready to take off😊🚀

#FIO massive falling wedge formation detected on higher timeframe awaiting breakout and monster pump from it any time🚀

FIO first target achieved, price touched $0.0668. That is quick profit of more than 16% profit. We always try to find best FA+TA signal for our community. Pin our channel on top to never a signal or update. Keep Earning😊

FIO BTC pair also pumped to 205 sat. That is more than 13% profit.

SXP analysis:

SXP is moving in an uptrend channel. The major resistance is the $0.53-$0.55 area and a break above this is bullish. The support is $0.482-$0.49 area and you can place your buy orders in this zone.

Bitcoin trying to break the $32,500 local resistance area. A break above this resistance will bring more positivity to the market. The support level remains the same. A break below $30,000 will turn the market again bearish. Global markets also show positive movement. We might see a test of $34,000 by this weekend.

Educational Post:

What is an Automated Market Maker (AMM)?

An automated market maker (AMM) is a type of decentralized exchange (DEX) protocol that relies on a mathematical formula to price assets. Instead of using an order book like a traditional exchange, assets are priced according to a pricing algorithm.

This formula can vary with each protocol. For example, Uniswap uses x * y = k, where x is the amount of one token in the liquidity pool, and y is the amount of the other. In this formula, k is a fixed constant, meaning the pool’s total liquidity always has to remain the same. Other AMMs will use other formulas for the specific use cases they target. The similarity between all of them, however, is that they determine the prices algorithmically.

How does an automated market maker (AMM) work?

An AMM works similarly to an order book exchange in that there are trading pairs – for example, ETH/DAI. However, you don’t need to have a counterparty (another trader) on the other side to make a trade. Instead, you interact with a smart contract that “makes” the market for you.

On a decentralized exchange like Binance DEx or Uniswap, trades happen directly between user wallets. If you sell BNB for BUSD on Binance DEX, there’s someone else on the other side of the trade buying BNB with their BUSD. We can call this a peer-to-peer (P2P) transaction. 

In contrast, you could think of AMMs as peer-to-contract (P2C). There’s no need for counterparties in the traditional sense, as trades happen between users and contracts. Since there’s no order book, there are also no order types on an AMM. What price you get for an asset you want to buy or sell is determined by a formula instead. Although it’s worth noting that some future AMM designs may counteract this limitation.

DOT analysis:

DOT is trading inside the symmetric triangle and now testing the resistance line. If DOT breaks the triangle here then we see a move towards the $11.90-$12.00 resistance area. If DOT is rejected from the resistance line then we see a test of the $9.50 support area. Wait for a breakout or rejection from the resistance line.

DNT pumped to $0.0618, first target achieved. That is more than 16% profit. Increase your stop loss and enjoy profit. Our team always try to best TA+FA based signals. Pin our channel on top to never miss a signal or update and share it with your friends and family. Keep Earning 😊

DNT BTC pair pumped to 194 and missed our first target by few sats. This is 12% profit in BTC pair.