STIPS|Oculus

2022-04-12 11:27:03 Coinbase has published a list of potential cryptocurrencies for listing in Q2 2022. Open / Comment

2022-04-11 20:25:28 Huobi, Kucoin Lead $250M Toncoin Ecosystem Fund

Along with Huobi Incubator and Kucoin Ventures, MEXC Pioneer Fund, 3Commas Capital, Orbs, TON Miners and Kilo Fund

Cameroon, the Democratic Republic of the Congo and the Republic of the Congo announced plans to adopt the TON blockchain amid the TONcoin Fund launch. Open / Comment

2022-04-08 18:19:42 67% of Cardano holders underwater.

Cardano’s ADA token has had a bearish week. Since Monday, the price has fallen 11.4%, resulting in more holders being in the red. More significantly, ADA is now 64.7% below its September 2 all-time high of $3.09.

9% of them are at a breakeven point.

The vast majority, or 76% of ADA holders, have held it for between one and 12 months. Just 11% of Cardano investors have held the token for more than a year, and those are the ones that are still in profit.

From a technical standpoint, ADA has turned bearish and could quite quickly revisit its 2022 and yearly low point of around $0.80.

The slide in prices could be tied to the network not living up to high expectations set around the launch of smart contracts. In terms of the numbers of DApps, Cardano is still somewhat of a wasteland, with DefiLlama reporting that there are just ten DeFi protocols running on the network with a combined total value locked of around $233 million. Open / Comment

2022-04-07 18:25:35 WAVES dropped from nearly $64 on March 31 to around $27.50 on April 7 — down by over 55%. As it fell, the WAVES/USD pair also broke below a key support confluence, hinting further correction.

Notably, the confluence comprises WAVES' 50-day exponential moving average (50-day EMA; the red wave) and the 61.8% Fib line of the Fibonacci retracement graph — drawn from $64-swing high to $8.34-swing low.

Now broken, they suggest that WAVES' path of least resistance is to the downside, with $25 acting as interim support due to its historical relevance as a price floor in October 2021 and March 2022. Open / Comment

2022-04-06 17:16:51 Chances of ETH price reaching $4,000 in April are also boosted by a classic technical pattern.

Dubbed "symmetrical triangle," the pattern usually forms when the price consolidates sideways inside a range defined by a lowering upper trendline and a rising lower trendline, following a sharp move upside or downside.

In an ideal scenario, the triangle resolves after the price breaks in the direction of its previous trend, and is thus considered a "continuation pattern."

However, symmetrical triangle breakouts do not necessarily result in a continuation trend. For instance, in the book Technical Analysis of Stock Trends, technical analysts Robert Edwards and John Magee note that about 25% of all symmetrical triangle breakouts lead to reversals, i.e., the price does not break in the direction of its previous trend, thus defying anticipations.

Ethereum's current breakout appears to be a reversal as it bounces to the upside instead of continuing its previous trend to the downside, as shown in the chart below. Open / Comment

2022-04-05 18:16:40 Musk's Twitter investment also assisted Dogecoin in breaking out of a “falling wedge” pattern. DOGE‘s price could swell by more than 150% on a classic bullish reversal setup.

In detail, “falling wedges” are considered bullish reversal setups and appear when the price consolidates lower inside a range defined by two converging, descending trendlines while leaving behind a trail of lower highs and lower lows.

In a perfect scenario, falling wedges resolve after the price breaks decisively above their upper trendline. As it happens, traders typically eye a run-up toward the level that comes to be at length equal to the maximum distance between the wedge's upper and lower trendline.

As DOGE's price undergoes a similar pattern, its likelihood of continuing its uptrend has increased. Open / Comment

2022-04-05 13:55:42 Dear subscribers, we have technical problems with the server, so the site is temporarily down and the signals are not published to the telegram channel.

We Apologize!

We look forward to solving technical issues soon! Open / Comment

2022-04-04 18:15:00 Post-Merge Ether Will Be a Commodity-Linked Bond, Could Rally to $10K, BitMEX Founder Says.

Ethereum's impending merge between the mainnet and the Beacon Chain proof-of-stake system to happen by end of June. Last month, developers successfully launched the testnet. Once the transition to proof-of-stake is complete, users will be able to set aside – or stake – coins in a cryptocurrency wallet to support network operations in return for newly minted coins. In other words, the staked ether becomes a revenue-generating asset, similar to a fixed-income security such as a government bond. Open / Comment

2022-04-01 18:51:41 Unlike March, April is a historically successful month for Bitcoin, leaving this year with much to live up to.

According to data from on-chain analytics resource Coinglass, BTC/USD has never lost more than 3.46% in April, with maximum gains at 50%.

Open / Comment

2022-03-31 17:35:37 According to the Golden Ratio Multiplier (GRM) metric BTC/USD reclaimed an essential support zone for securing further upside.

GRM is a long-term observational metric for Bitcoin price action. It is used to determine whether Bitcoin price growth is overstretched relative to its overall maturity as an asset in terms of adoption.

It does so using a log scale, which comprises Bitcoin’s 350-day moving average (DMA) and Fibonacci sequences to give multiples of that trendline.

As such, BTC/USD dropping below the 350DMA is a now conspicuous sign of outlier price action, as the vast majority of days have been spent above it since mid-2019.

The Golden Ratio Multiplier is an effective tool because it is able to demonstrate when the market is likely overstretched within the context of Bitcoin’s adoption curve growth and market cycles. Open / Comment