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.

AVAX is now testing the support of the $25.50 area. AVAX needs to bounce from here otherwise we see more downfall. The next support is $23.70-$23.90 area. Wait for some time before opening new positions.

#btcusdt 4h
#btc
#bitcoin
#بیتکوین

#SXP aggresively broke the structural resistance zone and hits the channel resistance line. Price faced a strong sell-off too and currently taking support over the zone. If you're looking for buys then go with small risk.

#BTC rejected hard from the resistance level around, $32,450. Price now dipped back to the support level/ lower range support. Bulls are trying to sustain above the support. You can expect the range to continue.

#DOT rejected from the top resistance line and about the reach the trending support line. Around, $9.10 is the support area and early buys zone. But we recommend to wait for a breakout in #DOT.

#KSM continue to rose and made a high of $88.00, which peaked the profit around 34.10%. Although, price reached the resistance level at $87.1 - $90.0, price rejected sharply. I hope you locked some profit and now hodl the trade with breakeven stops.

#LOKA break below the rising wedgr pattern, which was expected. Now, price is hodling near the $1.13 intermediate support. Currently, now buys looks good in #LOKA. Wait for the opportunity.

#LINK Analysis :

#LINK is consolidating in a range after a heavy crash. Price is lying on a good support level of $5.50 - $6.50. You can expect a bounce from here till major resistance zone and a drop. Buying doesn't looks good, so wait for the opportunity.

#BTC continues to dip back to the formed support area of $28748 - $29,450. Price just taps and move showing range will continue to happen. Overall Market is bit ranging, so better stay away from risk entries. Use only confirmation entries.

Educational Post:

What is a liquidity pool?

Liquidity providers (LPs) add funds to liquidity pools. You could think of a liquidity pool as a big pile of funds that traders can trade against. In return for providing liquidity to the protocol, LPs earn fees from the trades that happen in their pool. In the case of Uniswap, LPs deposit an equivalent value of two tokens – for example, 50% ETH and 50% DAI to the ETH/DAI pool.

It’s quite easy to add funds to a liquidity pool. The rewards are determined by the protocol. For example, Uniswap v2 charges traders 0.3% that goes directly to LPs. Other platforms or forks may charge less to attract more liquidity providers to their pool.

#Glassnode Data

The total ETH staked in the Ethereum 2.0 contract continues to climb.

Over 12.764M $ETH has been staked by 398k unique validators. This is 10.73% of the circulating supply.

Since 1-May, 19.8k additional validators have staked, and come online.

TKO/BTC
Tokocrypto was launched in September 2018 and became the first entity registered under Indonesia's Commodities Futures Trading Regulatory Agency (BAPPEBTI) by November of that year.

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: 1525-1800-2200-2650 satoshi

TKO/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: $0.456-0.6755-0.8575-1.015

SL: $0.165