ChainKnights

ChainKnights Updated 

The drop in Palo Alto Networks Inc (PANW) shares by 21.09% from February 20 to February 21, 2024, following the company's reduction of its annual forecast, could mark the end of the growth phase for the technology sector. NASDAQ:NVDA NASDAQ:PANW #NVDA #Nvidia #Stock #StockMarket #Shares Both stocks have met all their targets and are likely to have...

ChainKnights Updated 

Bitcoin did not fall on Friday, February 16, 2024, as expected from the Litecoin pattern, and looking at it from a different angle, I realized that the growth targets for Bitcoin are very close to their completion. Attempting to short it now seems like a mad idea since one could constantly hit stop losses all the way up to $60,000 per Bitcoin, and then, when the...

ChainKnights Updated 

Entering into a trade with a small percentage of my deposit. Gotbit, the same market maker that previously boosted a coin more than tenfold MYRO/USDT, caught my attention. After closely monitoring, I've decided to enter the trade with a modest portion of my deposit. The chart shows similarities, suggesting the market maker might follow a similar strategy. ...

ChainKnights

Crypto News: Feb 21,2024 1. Circle Discontinues Support for Tron Blockchain 🚫 Stablecoin issuer Circle has announced that it will no longer support USDC on the Tron blockchain. "Circle is discontinuing support for USDC on the Tron blockchain in phases. From this point forward, we will not mint USDC on Tron," the statement read. Transfers of USDC to other...

ChainKnights Updated 

The target for Ethereum at around $2,800 has been reached. Now, I believe it's essential to be extremely cautious, as a significant correction could occur. Target around $2,400. CRYPTOCAP:ETH #ethereum #eth #ethusdt Now let's look at how Litecoin has fallen on the daily chart and where it stands on the Liquidation Heatmap, and try to compare it with Bitcoin...

ChainKnights Updated 

Bitcoin correction from $51,800 to $43,000 = I've exited all altcoins. Awaiting a drop similar to Litecoin... A large number of stop losses have accumulated across all altcoins at the bottom, just like for Bitcoin at $42,000 - $43,000. CRYPTOCAP:BTC #bitcoin #btc

ChainKnights

The Metcalfe and Mempool model is currently showing a green pattern for Bitcoin growth, making it an opportune time to enter the market. As a trader, you can consider buying Bitcoin now, with a carefully planned strategy to minimize risk. Set a short stop loss at $27,250 to limit potential losses. In case of a favorable market movement, exit 50% of the trade at...

ChainKnights Updated 

I have been closely following two models of accumulation: Wyckoff Events and Phases, specifically Accumulation #1 and Accumulation #2. Accumulation #1: Wyckoff Events and Phases is a model that describes the different stages that a market goes through during an accumulation phase. These stages include the Spring, the Test, the Upthrust, and the Markup. In this...

ChainKnights Updated 

Polkadot (DOT) Blockchain Infrastructure and Smart Contracts: Web3 Foundation and Parity Technologies ➡️ Web3 Foundation web3.foundation , based in Switzerland, is an organization dedicated to promoting Web3 technologies, with Polkadot as its flagship product. Its founder, Gavin Wood, was one of the co-founders of Ethereum and played an important role in...

ChainKnights Updated 

🔮 Today, Federal Reserve Chair Jerome Powell is speaking (March 7, 2023). What can we expect from Bitcoin? 📉 Continued decline, with the chart resembling KWEB and S&P 500 on the daily chart. 💫 The area of attraction on the daily chart is the 200-day moving average (MA). What are the targets for Bitcoin's decline? 📉 A drop in the price of Bitcoin to the...

ChainKnights

Discovering the GMX (GMX)DEX Token: A 🌐 Decentralized Exchange with Mind-Blowing Features The GMX (GMX) DEX Token is a 🌐 decentralized exchange for both spot and margin trading, boasting a credit leverage of up to a staggering x50. It was launched in September 2021, and it supports the seamless functioning of two networks, namely Arbitrum and Avalanche. The 🤫...

ChainKnights

🔥UNISWAP: A Decentralized Exchange Token with High Potential🔥 Uniswap is not just a decentralized exchange but also a solution to the problem of high spreads for illiquid assets. The project aims to incentivize professional market makers to provide liquidity for slow-trading assets. The UNI token, an ERC-20 token on the Ethereum blockchain, is used for governance...

ChainKnights Updated 

Loco's launch of LegendsByLoco on #Avalanche is a significant move for both the streaming platform and the #crypto coin. Avalanche is a well-established #cryptocurrency with a growing user base, and the #partnership with #Loco will likely drive even more adoption. The launch of #LegendsByLoco on Avalanche is a significant development for Loco, as it allows users...

ChainKnights Updated 

Bitcoin has shown growth to values of $25,000. By April and possibly including the month of April, Bitcoin may gradually reach around $30,000. Altcoins currently have good entry points for a mini alt season. I have selected coins that are interesting to buy in this mini alt season and that have potential for growth. — The coin ATOM (Cosmos) is a buy point at...

ChainKnights Updated 

Deal on the Breakout Initially, a move towards $20000 was considered for the Bitcoin price. However, now that all altcoins are rising and we have a breakout of two red candles on the daily chart, it can be assumed that the market may theoretically push upwards and on short positions liquidation, traders may drive the price towards $27000-$28000. Remember,...

ChainKnights Updated 

📈🔍📣 Taking a closer look at IMX Crypto, it's showing promising signs for a potential upward trend with a mystery announcement on the horizon. 🕵️‍♂️💰🚀 I'll be watching closely and considering a long position with a tight stop loss. Long = $1,0737 My Stop Loss = $0,9634 My Take Profit = $2,0737 Remember, not financial advice. #IMX #cryptotrading #bullish...

ChainKnights

Hedera (HBAR) Marketplace: Enterprise Solutions and Funding for Sustainable Development, DeFi, and Metaverse 🔥📈💰 The Hedera Governing Council is responsible for managing the network and consists of 39 highly diversified organizations and enterprises representing 11 unique sectors 🌍, including IBM, Google, Boeing, Deutsche Telekom, LG Electronics, Dell, Nomura,...

ChainKnights

The Ethereum Foundation, a Swiss non-profit organization created in 2014, aims to promote and support research, development, and education on the Ethereum platform. With a treasury of around 336,000 ETH, the foundation regularly awards grants to projects that make a significant contribution to the development of the Ethereum ecosystem. In 2021 alone, they...