#WRX support playing out well and another quick jump from there of 29% and previous trade also running the same. Well, its forming a range now, so i hope you book the profits there up and now support looks less promising to hodl, so if price dips down then wait for buys until daily formed new Support

#BAKE made a good move from the call and made a high of $0.422, which is 27.2% in profits. Secure some right here and take it up with the trailing stoploss. More scale-in opportunities will come after Daily Candle Closure and with a pullback.

What Is an Initial Dex Offering?

Initial dex offerings, or IDOs, are tokens that represent any type of asset hosted on a decentralized exchange (DEX) — an IDO is when a project launches a token through a decentralized liquidity exchange. IDOs can be created for anything from cryptocurrency to a music album, to aether powered battle ships. IDOs offer businesses a tool for engaging their communities in an economy that both enriches their products and services while allowing them to make smart business decisions regarding their assets.

In the same way that traditional startups receive venture capital before launching, projects issuing initial DEX offerings receive financing from individual investors. Unlike an initial public offering, investors in initial dex offerings never own any equity in the project.
IDOs have some benefits that may make them more attractive than ICOs and IEOs: immediate liquidity, immediate trading and lower costs for listing.

‍An initial DEX offering or IDO refers to the launching of a cryptocurrency on a decentralized exchange (DEX). In an IDO, a blockchain project makes a coin’s first public debut on a DEX in order to raise funding from retail investors. IDOs have similarities with initial exchange offerings (IEOs), where crypto projects launch their token and raise funds via a centralized exchange, since both allow immediate trading on top of raising funds. However, centralized exchanges impose strict ground rules including:
—> Payment of a huge sum or offering a portion of the tokens to the exchange;
—> Prohibiting the project from listing their token on competing exchanges;
—> Having very small leeway in controlling the parameters of a project’s token sale.

IDOs, on the other hand, can offer a far more cost-effective token sale and listing model. Firstly, an IDO provides quick liquidity with little to no slippage through available liquidity pools in a DEX. Relatively, it has cheaper listing costs. And like IEOs, it allows instantaneous trading.
Examples of DEXs that offer IDO services include Binance DEX, Polkastarter and Uniswap. Most traders also prefer IDOs over ICOs since IDO listings prevent the issuer of the tokens from controlling how the fundraising round will go. One of the first IDOs launched in the space was RAVEN, which was listed in Binance DEX in June 2019.

#BTC touched $48,000 Now 🔥🚀

Here is the analysis of #TRX:

Price seized the liquidity and gained momentum. There is a high probability of a move towards the $0.108-$0.110 resistance zone. Wait for sometime and see how price reacts on the resistance and consider opening long positions only after a breakout above the resistance zone.

#BTC, kept on sustaining over the zone, but did also rejecting from Structural Resistance area. Well, its been looks like price forming a range, potentially price will retest the Major Support zone, before going higher. Altcoins gave a good push with the market momentum and more yet to come as soon as price stable down, money will start flowing into alts.

#KLAY is been made a structural shifts in market structure and likely to ready for moving up. Well, a retest expected back to the support zone of $0.186 - $0.188 for buying setup with stops below the previous swing low.

#BTC.D gone as per our plan, #BTC tighten the market which lead in alts dump but over all rejected from the mentioned area of Resistance Zone. Well, its been a huge drop, which made a rally in alts and now reaching the support zone of 51.8% - 52.0%. Keep the Stops tights and watch our over it. Moreover, if #bitcoin stable down here, then we can break those support, which will the open signal for alts buy setups.

What Is an Initial Farm Offering (IFO)?

Initial Farm Offering (IFO) is a fundraising model that helps new DeFi projects raise capital by participating in pre-sales events hosted after stern project vetting by decentralized exchanges.

IFO is a successor of the initial coin offering (ICO), a crowdsourcing method used by cryptocurrency projects to raise funds in the early stages.
Investors can participate in a pre-sale event that is hosted by the DEX, raising the capital necessary for available projects by investing in native tokens.

DEX teams usually prepare a proposed list of the most lucrative projects to launch in the farming event. However, it is worth considering that the tokens acquired via IFO have no clear advantage over those raised through other fundraising models. Despite proper scrutiny by the DEX teams, the value of the token can be affected by the market sentiments.

The most common platform for IFO is PancakeSwap, the users of which can benefit directly from the fundraising. These users are entitled to rewards while the owners of new projects can benefit from the liquidity pool offered by the platform. Most of these tokens are community-driven with little to no control by a specific central authority.

There are two common types of IFO events:

--> Unlimited Sale: By paying a predetermined fee, the user can stake as many BNB and CAKE tokens as they can.

--> Basic Sale: A defined number of tokens can be staked and the users are not charged a participation fee.

To be part of an IFO, the first step is to set up an account on any of the DEXs that support this feature. Users then stake CAKE or BNB tokens (according to the participation terms) to take part in the IFO. They must provide liquidity for the farming process. By the end of the process, those users are rewarded with such tokens.

The following are some benefits that could be enjoyed by IFO users:

-->Elimination of the middle-man. Peer-to-peer transactions are stimulated on the IFO platform, allowing users to save money in the long run even if they are novices in the world of crypto.

--> IFO maximizes the benefits of trading on DEXs, especially for those who are new to crypto.

-->Project fundraising is safe via IFO platforms because of the dual-margin intention.

-->The decentralization keeps all the transactions and activity transparent for users and investors.

Like all other fundraising events, it is better that each user research the one that suits them the best. However, do your own research properly before investing in any token and keep the factor of volatility in mind. The preceding fundraising models, especially ICO, were heavily reliant on VCs, which meant greater time consumption and unreliable gains. However, being relatively new in comparison to ICO and IEO, some users might not be confident about opting for IFO — but the trend of DeFi may tilt the focus of the market towards IFOs.

Here's the Analysis of #RUNE :

#RUNE is been rejected from the major Resistance Area of $5.98 - $6.13 also also sliding below the strcutural support zone of $4.65 - $4.79. Well, price already gave a fakeout but unable to sustain over it. In case price again close below the support, then we can go short over the retest of the zone as resistance area.

#BITCOIN DAILY TF UPDATE :

#BITCOIN pinpoint and precisely, from levels to level, pushed due to #ETF news but ended up being rejected from the Resistance Area of $47,000. Price again tapped into the major level (Grey Box) around $42,000, where rejection might happen. Structure now turned bearish, so careful with any sort of fresh trade now. Also, if #BTC remains stable here let's say, consolidation happens, alts will fly strongly.

#BTC.D continues to drop while #BTC also dropped too, which lead in dump is altcoins. Well, that wasn't expected have to look out on the retest of the zone around 51.8%, and wait for a dip down. in the meanwhile, the conidiation will remain the same and have to #bitcoin remain stable for it, for alts to take breathe.

#TRX goes as per the anticipation, price goes up as the liquidity grab happens, price reached the resistance zone of $0.10 - $0.11, which we've to wait for a breakout to happen. A Breakout and close candle will be the confirmation and buys on retest.

What Is Initial NFT Offering (INO)?

After ICO, IEO and IDO, Initial NFT Offering (INO) is a new cryptocurrency crowdfunding mechanism based on the same concept fundamentals that involve offering a set of limited NFTs for sale.
Companies and individuals have been using ICOs as a way to raise capital or participate in investment opportunities since 2013. From the genius of ICO, there comes the rise of other crypto fundraising mechanisms, namely STO (Security Token Offering), IEO and IDO.
NFTs are experiencing a massive adoption as lots of prominent musicians, artists, athletes, commercial brands and crypto enthusiasts are participating in the NFT market. INOs have risen in popularity with the NFT hype, something that benefits both content creators and investors.

INO involves offering a set of NFTs on launchpads or marketplaces for sale to public investors.

Benifits

Easy to Launch

Entry barriers of INOs are lower than launching fungible tokens. This enables projects with big and small ideas to be recognized by a wider range of audiences. They can raise the needed funds with cheaper listing costs and easier access to instant liquidity before the project is ready.

Community Building

NFTs promote a strong sense of community as owning one of a verifiably scarce NFT of a collection puts holders into a close circle. Ownership of a limited-edition NFT makes it easier to recognize each holder compared to owning a small percentage of a fungible token supply.

Holders Become Project Advocates

Each NFT can only be owned by one wallet address. NFTs contain built-in ownership verification that serves as proof of ownership. Each holder becomes an advocate of the project since most perceive NFT ownership as a ‘bragging right’, especially when used as PFPs (profile pictures).

Here's the Analysis of #GRT :

#GRT is been kinda making messy moves and slides below the Zone of $0.174 - $0.177. Price testing the zone as Resistance where price cloud the reach the next support around $0.160, but the trading range is small. So, wait for the setup to appear, which can be daily candle closed closing either side of the zone.

#BITCOIN WEEKLY TF UPDATE :

#BITCOIN on Weekly TF, made its way as predicted, Price tapped into the resistance zone and rejected strongly. Price is been again back to the support area (Blue Box) around $43,250, where it should hodl up the price. Marker Structure shift is happen, so careful with the Open positions. Weekly, candle must sustain above the $42,000 to sustain bullish on HTF.

#TRX made a clean break to the upside, didn't gave a retest back to the zone. Price straightaway high the next resistance zone of $0.117 - $0.120. Price already showing rejection from there, but wait for the price, to retest back to the support before buys as its might be not enough range for the shorting opportunities.