BitonGroup

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Technical Analysis: There are several signaling settings that indicate a shorting bias. These include: 1. Bearish Divergence of Price with MACD: Bearish divergence occurs when the price of an asset forms higher highs while the MACD (Moving Average Convergence Divergence) indicator forms lower highs. This pattern indicates a potential reversal in the prevailing...

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Fundamental Analysis: as of now we can see the global inflation has rise sky rocket and the worlds economy is in a huge bobble which soon will explode and a catastrophic crisis may occur, ultimately most of the manufacturing and development plants which are dependent on the base commodities such as Copper and gold may face some market crises and demand may...

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as you can see there is a bearish divergence with MACD which is the sign of trend reversal and the price has started its retracement to Fibonacci golden Zone there are total of 3 TPs where 2TPs are the 50% and 61.8% of the Fibonacci retracements and the 3TP is for the upcoming impulsive wave and it has confluences with Fibonacci expansion -27%

BitonGroup Updated 

Technical Analysis: Fibonacci Levels: My analysis meticulously places Fibonacci retracement and extension levels on the chart, highlighting potential support zones that reinforce the bullish bias. MACD Divergence: Vigilance for MACD divergence patterns remains paramount. supports the bullish bias. Technical Conditions: Take-Profit Levels (TPs): To maximize...

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Technical Analysis: In this analysis, I adopt an all-encompassing approach that melds Fibonacci retracement and extension levels with Fibonacci Projection, confluence analysis, and the MACD indicator, with a distinct short sell bias for the 30 Minutes Time frame as requested on the assignment, dated on 15/09/2023, 12:55 pm on LinkedIn message section....

BitonGroup Updated 

Technical Analysis: In this analysis, I adopt an all-encompassing approach that melds Fibonacci retracement and extension levels with Fibonacci Projection, confluence analysis, and the MACD indicator, with a distinct short sell bias for the 4 Hour Time frame as requested on the assignment, dated on 15/09/2023, 12:55 pm on LinkedIn message section. Additionally,...

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Blockchain Architecture Around how to realize decentralized trust, a blockchain can be divided into five layers from a technical point of view, which are the data layer, network layer, consensus layer, contract layer, and application layer, as shown in Figure 1. The data layer defines the blockchain’s underlying data structure, storage structure, and ledger...

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Fundamental Analysis: Shentu Chain is a security-focused delegated proof-of-stake blockchain designed for the secure execution of mission-critical applications, including DeFi, NFTs, and autonomous vehicles. The platform places a strong emphasis on cross-chain compatibility and operates as a Cosmos Hub with comprehensive compatibility for EVM (Ethereum Virtual...

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Fundamental Analysis: Zebec, a pioneer in the realm of streaming finance, enables the seamless and real-time flow of payments and financial transactions for various purposes, including payroll and investments. Founded in 2021, Zebec has attracted significant investments totaling $35 million from prominent companies like Circle, Coinbase, Solana Ventures, Breyer...

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Fundamental Analysis: DYDX (dYdX) is the governance token associated with the layer 2 protocol of the decentralized cryptocurrency exchange that shares its name. This token plays a crucial role in facilitating the operation of the layer 2 protocol and empowers traders, liquidity providers, and partners to actively participate in shaping the protocol's future as...

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Fundamental Analysis: JOE (JOE) serves as the native token for Trader Joe, a decentralized exchange (DEX) operating on the Avalanche (AVAX) blockchain. Trader Joe offers a range of DeFi services, including swapping, staking, and yield farming. Since its launch in June 2021, the exchange has experienced rapid growth, attracting over $4 billion in total value locked...

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Fundamental Analysis: Merit Circle operates as a decentralized autonomous organization (DAO) with a primary focus on advancing the play-to-earn (P2E) economy. The project aspires to usher in a new era of gaming, where users can not only enjoy their favorite games but also earn money from their gameplay, transforming it from a mere pastime into a potentially...

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Fundamental analysis: Curve functions as a decentralized exchange specializing in stablecoins, employing an automated market maker (AMM) to oversee liquidity management. Its journey began in January 2020, and Curve has since become closely associated with the decentralized finance (DeFi) movement, experiencing substantial growth in the latter part of 2020. In...

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Fundamental Analysis: Synthetix is in the process of constructing a decentralized liquidity provisioning protocol accessible for various purposes by any protocol. Its substantial liquidity and minimal fees act as the infrastructure for numerous exciting protocols on both the Optimism and Ethereum networks. A multitude of user-facing protocols within the Synthetix...

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Fundamental Analysis: As we can see the Index has shown a very strong come back after the Covid-19 pandemic of March 2021 which caused the market to fall and create a panic to the world. Since then there are lots of changes to the world and the way companies are operating, such as releasing of their premises and offices as they should have discharge lots of...

BitonGroup Updated 

Fundamental Analysis: As we can see the Index has shown a very strong come back after the Covid-19 pandemic of March 2021 which caused the market to fall and create a panic to the world. Since then there are lots of changes to the world and the way companies are operating, such as releasing of their premises and offices as they should have discharge lots of...

BitonGroup Updated 

Fundamental Analysis: As we can see the Index has shown a very strong come back after the Covid-19 pandemic of March 2021 which caused the market to fall and create a panic to the world. Since then there are lots of changes to the world and the way companies are operating, such as releasing of their premises and offices as they should have discharge lots of...

BitonGroup Updated 

Our Past Euro Currency Index Analysis of March 2021: Elementary Analysis: The Euro Currency Index (EUR_I) represents the arithmetic ratio of four major currencies against the Euro: US Dollar, British Pound, Japanese Yen and Swiss Franc. All ratios are expressed in units of currency per Euro. The index was launched in 2004 by the exchange portal Stooq.com....