Repeat of 2018 pattern on 2020 scale?In the megaphone, the longer it takes ... the bigger the move is.
Do you see the similarities with 2018? Drop early in the year, recover and then ... 2, 3 and 4
Just a thought...
Disclaimer: The above is not an investment advice. It is merely an opinion and I share it for your entertainment only. Do your own due diligence and above all, trade safely and stay safe!
DIA
$DIABTC #DIA We may get lucky and see a "Monster Pump" on this$DIABTC #DIA We may get lucky and see a "Monster Pump" on this
About DIA: DIA (Decentralised Information Asset) is an open-source, financial information platform that utilises crypto-economic incentives to source and validate data. Market actors can supply, share and use financial and digital asset data. Based in Switzerland, DIA operates as a non-profit association.
Zug, Switzerland, Aug. 03, 2020 (GLOBE NEWSWIRE) -- DIA, (Decentralised Information Asset) the open-source data and oracle platform for the DeFi (Decentralised Finance) ecosystem, announces the first step to decentralise its governance by public distribution of its governance token on Monday, August 3, 2020. The highly anticipated event will give participants the opportunity to acquire DIA’s Governance Token (DIA).
DIA sets out to become the platform for open-source financial data
DIA aims to fully distribute governance to become a full DAO by 2025
DIA’s first public governance token distribution will take place Monday, Aug 3 at 3 pm
Founded in 2018 as a Swiss Association, DIA’s vision is to make validated and auditable financial market data accessible and open-source to both traditional and decentralised financial markets. Rather than sourcing and providing data itself, the DIA platform sets crypto-economic incentives that drive the sourcing and validation of data by the community.
The exponential growth of DeFi calls for more resilient data solutions
Financial data is the critical foundation of any financial market. Both in traditional and digital asset markets the cost of bad data has become tragically apparent in the wake of scandals surrounding manipulation and a lack of transparency, causing severe loss of funds and calling for more trustworthy and transparent solutions.
In particular, the recent exponential growth of DeFi applications have sparked a new interest in the data architecture that supports this ecosystem. While a range of providers are already catering to the increasing demand for data, DIA’s approach fuels the hope that the ecosystem’s data providers will leverage the benefits of decentralised governance to provide the highest quality data and make it accessible to all market actors.
DIA’s co-founder and Association President Michael Weber explains, “With a DeFi industry already worth $5 billion and growing at a rapid pace, trusted data will become the most crucial building block for the DeFi economy. We believe that data needs to be community-driven, decentralised, and transparent. The DIA Association will be positioned to provide the best possible oracles by leveraging the decentralisation of DIA as an organisation and a community that is incentivised at each step the process.”
DIA’s Governance Token Distribution
Following its private sale which sold out in just 3 days, DIA will make its governance token accessible in a novel allocation mechanism dubbed “bonding curve distribution”. This will be the first public distribution of DIA’s governance token and aims to decentralise governance to the broader DeFi and blockchain ecosystem and raise funds for the continued development of the platform. The distribution will be publicly accessible via DIA’s website starting today, Monday, August 03, 2020 at 3 pm CET. The full process is explained in greater detail on DIA’s official Medium blog.
DIA’s team brings extensive experience in blockchain and finance
DIA is run by a team of experienced web3 founders and financial market experts and is backed by notable venture capital funds, including Outlier Ventures (OV), Continue Capital,
and TRG Capital as well as angel investors from the traditional financial space. As one of the star performers to emerge from OV’s ‘Base Camp Accelerator’, DIA has received praise as one of the most promising upcoming DeFi projects, dedicated to the democratisation of data and company transparency.
Following the upcoming distribution, DIA is planning several other mechanisms to allocate its governance tokens to key DeFi market actors and innovators as part of the ‘DIA Ecosystem Token Pool’ and ‘DIA Labs’. DIA’s goal is to reach a full DAO implementation by 2025. More details will be announced soon.
Jamie Burke, Founder of Outlier Ventures, explains, “DIA’s unique proposition is to democratise the provision, access, and usage of financial information by leveraging the wisdom and power of the crowd. Their mission is to make financial data standardised, open-source and accessible to everyone and under the same terms. We believe that decentralised finance will be a multi-billion dollar industry and that DIA are leading the innovation that will secure a solid and fair foundation for this industry.”
DIA a new kid on the blockDIA a new kid on the block
don't know much about it.
This is rated 200 on coinmarket cap
I think this will move up in that number.
S&P 500 review - potential false breakout trade in trading rangeCheck out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 25 Aug 2020 trading session. In this video, I am going to show you the market recap during the last session and potential trade reviews in the three-minutes timeframe (including entry, exit and the rationale behind). Those two potential trades from the trading range were based on false breakout (or spring setup). Going forward, I will cover the bias, the key levels to pay attention to, my trading plan for the session later.
Check out my daily market analysis video in the last session below if you haven't in order to better relate to the market recap and the trade review.
Bias - neutral (Day trading); bullish (long term)
Key levels - Resistance: 3480-3500 ; Support: 3420–3430, 3385–3400, 3377, 3350, 3320–3330, 3300, 3273, 3230
Potential setup - Look for potential long entry upon rebound from 3420–3430.
Disclaimer: The information in this presentation is solely for educational purpose and should not be taken as investment advice.
LTF DIAUSD chartUTCS most recent signals are sell...
but rmwilliams bottomfinder flashing bottom signal pretty heavy when we entered that supply zone
from what ive heard this project has v sound fundamentals
so my bias is still long
interestingly the apex point for this chart is also monday
lowcap defi descisionpoints?
DowJones - Only levels I'm playing right nowLong above upper black
Short below lower black
Keep it SIMPLE
DowJones - I'm short and its losing momentum at 27KAlways take profits on the way down but we are against heavy resistance here around the 27K area.
DowJones index........How I'm playing itLong above "upper black" or short below "lower black."
Don't over complicate your trading.
Keep it simple and stay patient and take profits and move stops when the market moves in your direction.
I have my stop orders in place. Join me in trading it on PrimeXBT. Feel free to DM me for a referrel link and 50% off trade fees.
Cheers and happy Monday!
QQQ D1 update: 20%+ correction SOON(NEW/UPDATE)Why get subbed to to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
QQQ D1 update: 20%+ correction SOON(NEW/UPDATE)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Yes, I know, called that previously, and since then
we still pushed slightly higher. However, only producing
marginal highs since then. TSLA also gone parabolic
pushing Elon Musk's networth >70 BLN USD in process,
which is beyong ridic and just confirms that
we are now in irrational exuberance / late stage of
the bull market.
🔸 Summary and potential trade setup
::: QQQ daily hour chart review
::: fake V-shape recovery spells trouble
::: C1/C2 is 1.44/1.62 extension of AB swing
::: we are likely already maxed out
::: or got very limited upside from here
::: either way setting up for 20%+ correction
::: 3-5 weeks of correction incoming soon
::: better be prepared in advance
::: when there's GREED there's also PAIN
::: get ready for 20%+ decline in QQQ
::: a lot of OPEN GAPS left behind
::: they will get filled soon
::: good luck traders
🔸 Supply/Demand Zones
::: 205/188/176 fresh demand zones
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment: BEARS
::: Sentiment outlook short-term: BEARISH