Bullfighterr

Render Token Long Term Strategy Hi folks, Let's look at what Render Token is 🏳️Render Token is a project token focused on blockchain technology and cryptocurrencies. Render Token (RNDR) is an ERC-20 token developed and distributed by a company called OTOY. 🏳️Render Token serves as a payment unit for the distribution of 3D graphics, virtual reality experiences, and cloud-based computing power. RNDR enables users to share their computing power while allowing token holders to receive payment in return for this computing power. Thus, those sharing their computing power earn more Render Tokens, while token holders make payments to utilize this computing power for rendering 3D graphics or other computationally intensive tasks. 🏳️Render Token holds significant value for professionals and companies in 3D graphics and virtual reality fields. By using this token, individuals and organizations in need of computing power can access more resources and render complex graphics faster. At the same time, token holders can earn passive income by providing their computing power. 🏳️Being an Ethereum-based token, Render Token operates on the Ethereum network. This ensures fast and low-cost transactions for the token. Render Token is also listed on exchanges, allowing token holders to exchange it with other cryptocurrencies. Bonus Chart 1: Wide Angle Technical Data 🎯Orange --> EMA50 --> 1,86 (support) 🎯Blue --> EMA200 --> 1,38 (emergency call) 🎯Accumulation Zone (FRVP) --> 0,37 - 0,67 🎯Fib 0,236 --> 2,01 --> Support no:1 🎯Fib 0,328 --> 3,05 --> Next target 🎯There is negative divergence on the table (if it's approved), we can see testing EMA50, even EMA200. If you're a short-term player, keep that in your mind. 🎯In the worst-case scenario we can see 1,46 (perfect time to buy for the long term). Bonus Information 🏳️RNDR is now only listed by Binance, Kucoin, and Coinbase (we can expect further listing). 🏳️Max supply --> 536,870,912. 🏳️Circulationg Supply --> 363,911,539 (%68). Bonus Chart 2: Google Trends AI, Bitcoin, and Metaverse 🏳️Blue one is AI. When we checked Google trends for the last 5 years, AI is surpassing both BTC and Metaverse. Let's imagine! What will happen AI projects in the next bull run? Thanks for reading all mates, do not forget to hit the like button.

ETH Detailed Analysis (Long Term) Hi folk, I'm trying to help you to develop your point of view with both technical and fundamental data regarding Ethereum (Little King of da ALTS) 👑👑 📌It took 221 days to find the bottom with approximately %80 down from the top. 📌When we look at Fib Retracement Levels --> We are still in the bottom zone. I've consciously chosen the term "ZONE". 📌Let's use and check both Fib Ret. and FRVP together. We see that FRVP POC level is 1580 (pivot). What is more, FRVP VAH level is 1867, which is a strong resistance now (almost the same Fib resistance level). 📌They say "Simplicity is the BEST" . When we only look at Fib levels and focus on 0,5 level, long-term PIVOT, we can simply say that ETH will have a new story right after reclaiming this pivot (2395). Bonus Chart 1: ETHUSDT 1D Log Chart with Fibbonacci Levels 📌ETH is facing extra-strong Resistance. It will take time... Sooner or later we'll experience a strong price action. Bonus Chart 2: ETHUSDT 1D Chart with RSI Negative Divergence 📌We can simply summarize that below 50 points (RSI) is bearish. Weekly closing is important for the short term. Bonus Chart 3: BTC/ETH 1D Chart 📌The bearish trend has been finally broken. The parity is stable now. 📌Below 15 --> Bearish for ETH 📌Above 20 --> Bullish for ETH Bonus Chart 4: RSI, AO+MACD COMBO, MA(50, 100, 200) 📌All in one! AO+MACD and RSI say they are selling! 📌MA50 is now a resistance. 📌MA100 is support, MA200 super strong support (below this super bearish). Bonus Chart 5: ETH Locked Ballance 📌Recently, the total amount of ETH that is locked out of circulation hit a new all-time high at 19,375,242 ETH! 📌Overall, this is a positive sign for the Ethereum network as more and more ETH is being locked away, showing ETH holders' confidence and long-term commitment. Bonus Chart 6: ETH Unique Adresses 📌1 year ago (within the frame of the deep and bottom bearish cycle) there were around 180M unique ETH addresses. On the other hand, ETH has more than 230M unique addresses, which sounds bullish. Bonus Chart 7: ETH Supply Growth Chart 📌ETH is no longer inflationist, yet it is deflationist! If you have read it from top to bottom, I'm pretty sure you loved it! Do not forget to hit the like button! Believe preparing all this data took hours! Thanks for reading mate! See you in the next one! 😌😌👋🏻👋🏻

What is Volatility? Hello everyone, I am here with another informative content for the weekend. I hope I can continue this series without breaking it. Let's take a look at what "VOLATILITY" is, which we have all heard of and found difficult to pronounce (at least for me), and how it can affect a product if it is low or high. VOLATILITY 📌 Volatility is a crucial concept in financial markets and an important indicator for many investors. Volatility measures the fluctuation in the price of a financial instrument. In other words, the more a financial instrument's price changes, the higher its volatility is considered to be. 📌 This variability can be caused by various factors, such as economic and political events, natural disasters, company news, interest rates, and monetary policies, among others, which can cause volatility in financial markets. Each of these factors can affect investors' risk perception, leading to price fluctuations. 📌 Volatility also reflects investors' risk tolerance and market expectations. High volatility requires investors to be more cautious when trading in an environment where prices can rise and fall rapidly. Therefore, investors often use indicators such as standard deviation, moving average, and Bollinger Bands to measure volatility. 📌 As a result, volatility in financial markets is an important indicator that reflects investors' risk perception and market expectations. Paying attention to volatility and understanding price fluctuations can help investors manage their investments better. What is High Volatility? 📌 High volatility means that prices fluctuate significantly. In this case, prices can rise and fall rapidly, and investors may need to manage their risks more carefully. 📌 In high volatility situations, investors should pay closer attention to price movements. Markets can be more uncertain and risky, and investors often try to limit their losses by using risk management strategies. 📌 On the other hand, high volatility can also present high return opportunities. In environments where prices rise and fall rapidly, investors can make high profits in a short period. However, in such cases, investors must manage their risks well. 📌 In conclusion, high volatility is a factor that increases risk in financial markets. However, it can also provide opportunities for investors. Investors should manage their risks by monitoring volatility and adapting their investment strategies accordingly. To summarize, high volatility can be considered an opportunity for players with a high-risk appetite in short-term trades. However, risk management is vital in this case. BONUS What is the VIX Index? 📌 The VIX (Volatility Index) is an index created by the Chicago Board Options Exchange (CBOE) that is calculated based on the price movements of options in the S&P 500 index. The VIX index is used to provide an estimate of the market's future volatility. 📌 The VIX index is often referred to as the "fear index" of the market, as it fluctuates at low or high levels as a reflection of investors' fearful expectations. The index takes a value between 0 and 100. Low values indicate a stable market, while high values indicate an uncertain market and the need for investors to be more cautious. 📌 The normal VIX value is considered to be in the range of 20-30 points. When volatility drops well below this value (5-10), it indicates excessive market calmness, while values above this range (50-60) indicate significant developments that may affect the global economy. 📌 The VIX index helps investors to track market trends and measure their risks. Additionally, when volatility is high, investors can use the VIX index to evaluate short-term investment opportunities. However, since the VIX index is calculated based on market trends, making predictions with absolute accuracy is not possible and can be misleading. If you've read this far, I'm sure you've enjoyed it. Don't forget to hit the like button. Also, please let me know in the comments what topic you would like to see in the next educational content. Goodbye 🤟🏼🤟🏼

#OKXIDEAS - Is The Bitcoin Sell-Off Over ? Hi folks, Foreword: Please read the whole article, I believe this will help you to enhance your point of view. If you like it, do not hesitate to hit the "LIKE" button. 🙏🏻🙏🏻 Fundamental Data 📌I've been closely monitoring Bitcoin's recent price movements, particularly in light of the FED's recent announcement regarding interest rates, to assess the potential impact on the cryptocurrency market and identify key trading opportunities. 📌Most likely, the FED has completed its interest rate-hiking cycle. 📌With the partnership with eToro, Twitter users will be able to view market charts and trade cryptocurrencies and other assets thanks to a wider range of financial tools. Additionally, the collaboration between the social media platform and fintech company will expand Twitter's "cashtags" feature, which currently allows users to view real-time trading data from TradingView. I believe that in the near future, this will be the most significant part of the bull rally. Technical Data 📌BTCUSDT 1D Logarithmic Chart 📌When we look at the Fibonacci Retracement levels: --> 0,5 is our major PIVOT (42257 Yellow Line) --> 28263 is our key support (Fib 0,236) --> 36K is the next target (Fib 0,382) 📌White Zone is --> 50 Days Accumulation Zone 📌Red Trend Line --> Bearish Resistance till November 2021 (69K), which was finally broken on 12 January 2023. Following the resistance breaking we saw perfect RETEST on 10 March 2023. 📌Right after the RETEST process #BTC has started its own relief rally (I will explain why I called it a "relief rally" in the further part of this article). 📌The Bitcoin price showed an increase of nearly 55% right after this "RETEST". Bonus Chart 1 - Short-Term BTC Target 📌When we look at the short-term data (12 Hours Chart) shows there is an ascending symmetrical triangle formation on the table. 📌Elliot Triangle Waves points to 35 - 36 K as a target, which is also a long-term (1D Chart) resistance level. Bonus Chart 2 - Awesome Oscillator - MACD Combo 📌When we look at AO+MACD Indicator --> It gave us a strong buy signal simultaneously with the restest level (right after the breaking long-term bearish trend resistance). 📌AO+MACD Indicators give us new buy signals nowadays (needs good news). Bonus Chart 3 - Fixed Range Volume Profile 📌FRVP says that 27850 is a short-term pivot -->Above 27850 is Bullish -->Below 27850 is Bearish -->30430 is a strong resistance On-Chain Data Bonus Chart 4 - All Exchanges Stable Coin Inflow 📌While not providing a definitive answer, this data creates a positive expectation. We can simply think that market makers can buy coins (this is only an expectation). Bonus Chart 5 - MVRV Z-Score 📌MVRV Z-Score indicates that we are no longer in the bottom zone, which is also bullish. Bonus Chart 6 - Pi Cycle Top Indicator 📌111DMA is a key level (it was resistance, now support) for the relief rally. I believe when an asset completed its' own rally it needs to go back to the Fib 0,5 level (half of it). Bitcoin's Bearish run has been completed from 69K to 15-16K area. We can see a relief rally till Fib 0,5 level, which is also approximately the same level as Pi Cycle 350DMA (42 - 44K). 📌350DMA is another key level for the next bull rally, whenever Bitcoin price breaks this level it has a huge bull rally. You can do the back-test. Final words: If you read till here mate, I knew you loved it. I will appreciate if you leave a comment (whether positive or negative criticism). See you in the next detailed one! 🤟🏼🤟🏼 #OKX #OKXIDEAS #TRADINGVIEW

#OKXIDEAS - Is The Bitcoin Sell-Off Over ? Hi folks, Foreword: Please read the whole article, I believe this will help you to enhance your point of view. If you like it, do not hesitate to hit the "LIKE" button. 🙏🏻🙏🏻 Fundamental Data 📌I've been closely monitoring Bitcoin's recent price movements, particularly in light of the FED's recent announcement regarding interest rates, to assess the potential impact on the cryptocurrency market and identify key trading opportunities. 📌Most likely, the FED has completed its interest rate-hiking cycle. 📌With the partnership with eToro, Twitter users will be able to view market charts and trade cryptocurrencies and other assets thanks to a wider range of financial tools. Additionally, the collaboration between the social media platform and fintech company will expand Twitter's "cashtags" feature, which currently allows users to view real-time trading data from TradingView. I believe that in the near future, this will be the most significant part of the bull rally. Technical Data 📌BTCUSDT 1D Logarithmic Chart 📌When we look at the Fibonacci Retracement levels: --> 0,5 is our major PIVOT (42257 Yellow Line) --> 28263 is our key support (Fib 0,236) --> 36K is the next target (Fib 0,382) 📌White Zone is --> 50 Days Accumulation Zone 📌Red Trend Line --> Bearish Resistance till November 2021 (69K), which was finally broken on 12 January 2023. Following the resistance breaking we saw perfect RETEST on 10 March 2023. 📌Right after the RETEST process #BTC has started its own relief rally (I will explain why I called it a "relief rally" in the further part of this article). 📌The Bitcoin price showed an increase of nearly 55% right after this "RETEST". Bonus Chart 1 - Short-Term BTC Target 📌When we look at the short-term data (12 Hours Chart) shows there is an ascending symmetrical triangle formation on the table. 📌Elliot Triangle Waves points to 35 - 36 K as a target, which is also a long-term (1D Chart) resistance level. Bonus Chart 2 - Awesome Oscillator - MACD Combo 📌When we look at AO+MACD Indicator --> It gave us a strong buy signal simultaneously with the restest level (right after the breaking long-term bearish trend resistance). 📌AO+MACD Indicators give us new buy signals nowadays (needs good news). Bonus Chart 3 - Awesome Oscillator - Fixed Range Volume Profile 📌FRVP says that 27850 is a short-term pivot -->Above 27850 is Bullish -->Below 27850 is Bearish -->30430 is a strong resistance On-Chain Data Bonus Chart 4 - All Exchanges Stable Coin Inflow 📌While not providing a definitive answer, this data creates a positive expectation. We can simply think that market makers can buy coins (this is only an expectation). Bonus Chart 5 - MVRV Z-Score 📌MVRV Z-Score indicates that we are no longer in the bottom zone, which is also bullish. Bonus Chart 5 - Pi Cycle Top Indicator 📌111DMA is a key level (it was resistance, now support) for the relief rally. I believe when an asset completed its' own rally it needs to go back to the Fib 0,5 level (half of it). Bitcoin's Bearish run has been completed from 69K to 15-16K area. We can see a relief rally till Fib 0,5 level, which is also approximately the same level as Pi Cycle 350DMA (42 - 44K). 📌350DMA is another key level for the next bull rally, whenever Bitcoin price breaks this level it has a huge bull rally. You can do the back-test. Final words: If you read till here mate, I knew you loved it. I will appreciate if you leave a comment (whether positive or negative criticism). See you in the next detailed one! 🤟🏼🤟🏼 #OKX #OKXIDEAS #TRADINGVIEW