quintomudigo

Trader, blockchain technologist and contentpreneur

Lisk coin is a native cryptocurrency of the Lisk blockchain platform  created on  the Lisk blockchain network platform whose transaction takes place from one peer to another without involvement by the government thus is being considered to be a decentralized asset.As a native coin of the Lisk blockchain network, Lisk coin was created to enable developers to be able to use the Lisk SDK which is purely in Javascript to develop different Dapps on the Lisk network.Developers can also create and issue the tokens of their Dapps on the Lisk network. With Lisk coin, different users can use it to pay for transaction fees such that when they are transferring their Lisk coin from one smart contract address to another, the transaction can easily be verified by delegates after which it enters the network thus the second smart contract address receives the Lisk coin.Lisk coin can also enable different Dapps created over there to be able to pay for transaction cost while sending the token of their Dapps from one peer to another.With Lisk coin, different delegators can vote the verified delegates to secure the Lisk network as well as to use those votes to validate transaction on the Lisk network thus in return they receive reward.The more the votes the more the reward

Lisk coin transaction 

Lisk coin transaction takes place on the Lisk blockchain explorer based on block height and timestamp.  Here is a view of the Lisk coin transaction;  

To view how the transaction takes place on the Lisk  blockchain, you can follow the link below;

https://explorer.lisk.io/  

Date Launched

Lisk coin project was started and launched in 2016  with the main objective of helping developers to build their own Dapps using Javascript as well as to create and issue the tokens of their own created Dapps on the Lisk blockchain platform

Founder Of Lisk  coin

Lisk coin was created by Max Kordek and Oliver Beddows who are based in Switzerland with the objective of helping Javascript developers to easily develop their Dapps on the Lisk network using Javascript language. Both of the two are blockchain technologist  

Process of creating Lisk coin  

Unlike cryptocurrencies like bitcoin and Ethereum which are released through the mining process using power supply and internet using the proof-of-work consensus, for Lisk coin, that is not the case.  Instead, Lisk coin was created to become a delegated proof of stake coin.During its launch, 100 million coins were generated through genesis block after which 101 delegates were elected by the community members.In the Lisk staking process,delegates and delegators play a big role. The delegators will be delegating their Lisk coin to any of the 101 verified delegates who will use the coins to secure the network and to forge any block being added to the Lisk network thus in return they receive reward.After every 10 seconds, 5 Lisk coin will enter into the Lisk network upon being confirmed by the Lisk delegates.101 lisk delegates will share the amount based on the amount of votes they receive from the delegators. This amount of Lisk coin entering the Lisk network will decline at a rate of 1 Lisk coin per year for a period of 4 years until the amount becomes 1 Lisk which will be retained. For delegators, they will be required to have atleast 1 Lisk coin in their Lisk Wallet so that they can vote to any 33 of the delegates in a batch of 4  summing to 101 delegates. On the other hand,in order to become a delegate, you must pay a fee of 25 Lisk coin as well as you must have a 24 hour running internet. As a delegator,the more your voting power the more reward you will receive. The reward can go as high as 10% the whole year since the transaction cost paid will also be considered as part of the reward.Here is how the Lisk staking process looks like;

If you would like to take part in the voting process so that you receive reward when your coins are used to secure the network and to add new block to the Lisk network, then you can follow the link from below to join

https://lisk.io/wallet  

Maximum circulation of Lisk coin  

Unlike other cryptocurrencies like bitcoin and Ethereum which have a maximum capitalization, for Lisk coin there is nothing like maximum circulation amount.Instead,it is an inflationary cryptocurrency but the inflation rate will keep on declining every year for a period of 4 years at a decline rate of 1 LSK after which the reward will be 1 LSK per block. Every year,there will be an inflation rate of 3 million Lisk coin which will be shared to delegates and delegators based on the votes contributed to the network.During its launch, 100 million Lisk coin were pre-mined and distributed as follows; 85 million coins were distributed to those who took part in ICO sale while 7.8 million coins were retained to team members .Another 4million coins was set aside for campaign program as well as for bounty while another 2million coins was set aside for advisors and partners while another 1 million coin to early supporters.The remaining 0.2 million coins was issued to those who took part in its early sale. Here is how the supply distribution of Lisk coin looks like;  

Lisk coin  Price

Currently, 1 Lisk coin is worth more than $0.75 and its price is expected to increase over the next period of time. Lisk coin is being abbreviated as  LSK.

Converting my Lisk coin  to other cryptocurrencies

To convert your Lisk coin to other cryptocurrencies such as bitcoin and Ethereum, you need to have a cryptocurrency exchange account. If you don't own one then you can follow the link to open a cryptocurrency exchange account for easy conversion of your Lisk coin to Bitcoin or Ethereum. Here is a list of exchanges where you can easily exchange your Lisk coin to your favorite cryptocurrencies;

  https://www.binance.com/en  

https://coindeal.com/   

https://exmo.com/

https://www.kucoin.com/ 

 https://hitbtc.com/

https://www.coinex.com/ 

 https://www.hbg.com/en-us/

https://yobit.net/  

https://www.okex.com/ 

https://global.bittrex.com/  

 https://atomars.com/  

  Storing my Lisk coin

To store your Lisk coin, you need a Lisk coin wallet. You can either store online or offline. To store your Lisk coin online, you can either  download desktop wallet for windows or can also download mobile wallet for android . To securely store your Lisk coin offline from being stolen by hackers, you can use ledger Nano wallet.

Transferring my  Lisk coin to other Users

If you want to transfer your Lisk coin to another user, the two of you must have trust in each other. The trust should be the Lisk coin address provided for by the receiver while the sender must have the Lisk coin balance in their account to send to the receiver. For the sender, a blank space to insert the receiver address and another blank space to insert the amount to send to the receiver is indicated. Here is how it looks like;  

Knowing more About Lisk coin

If you feel that you need to learn more about Lisk coin, then you can follow them on their site. Here is the link redirecting you to Lisk coin platform website 

https://lisk.io/  

You can as well read their white paper to learn more about their idea from below

https://lisk.io/documentation/lisk-sdk/index.html  

You can also join as a community member in any of their social media platform from below to follow the discussion made by other community members;  

twitter:https://twitter.com/LiskHQ

Reddit:https://www.reddit.com/r/Lisk/

facebook:https://www.facebook.com/LiskHQ

medium:https://blog.ark.io/?gi=541b7ee584bf

linkedin:https://www.linkedin.com/company/lisk/

discordapp:https://discordapp.com/invite/lisk

Now that you know, I think that it is time for you to start earning some Lisk coin by simply delegating your Lisk coin to any of the 101 verified delegates  who will use the coin to validate transaction and to  secure the network. The more your delegating amount the more your reward.If you feel that we should also own some Lisk coin for simply helping you know about it then here is our Lisk coin address;

  9083870001054406675L

Hull Moving Average is a trend following indicator.

Being a trend following indicator, Hull Moving Average indicator was created by Alan Hull with the main objective of eliminating lag thus ensuring smoothness curve movement thus helping traders to easily identify support and resistance point thus they know when to enter and exit the market.Hull Moving average indicator is further considered to be a lagging trend indicator.

According to Alan Hull, the values of Hull Moving average indicator is therefore calculated using the following formula;

Hull Moving average = integer(squareroot(period) ) WMA{2* integer(period/2)WMA(price)-period WMA(PRICE)}

Since Hull moving average is a lagging trend following indicator it therefore follows that when the hull moving average indicator is moving upwards,the market will also be trending upwards while when the hull moving average indicator is trending downwards,the market will also be in a downwards trend.Based on support and resistance, When the price rises above the hull moving average when both the market and hull moving average are in an upward movement, a reversal movement will occur thus the two will now be in a downward movement direction.On the other hand,when the price falls below the hull moving average when both the market and the hull moving average are in a downward direction,a reversal movement will occur and the two will now be in an upward direction.This is indicated as from the candle sticks chart below;

From the candle sticks chart above, there are 3 points, point A,B and C. Point A and B are the support and resistance points while point C which is a green curve line is the hull moving average.At point A, the market and the hull moving average were initially moving downwards. The price in the market then falls below the hull moving average thus resulting to an upward reversal for both the market and the hull moving average.This will signal the trader to close any sell position and open a buy position since the movement will now be upward.At point B, the market and the hull moving average were initially moving upwards. The price in the market then rises above the hull moving average thus resulting to a downward reversal for both the market and the hull moving average.This will signal the trader to close any buy position and open a sell position since the movement will now be downward.

Recommendation:If you are a day trader just use 1 min, 5 min, 15 min and 30 min timeframe while if you are a swing trader just use 1 hour and above timeframe if you want hull moving average indicator to work well for you.

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Tron is a cryptocurrency which was issued and created on Ethereum network in 2017 but was later transferred to the Tron mainnet in 2018.As a cryptocurrency operating on Tron network, Tron coin can be transferred from one peer to another without involvement of centralized third part. Upon transaction being verified by Nodes running and operating the Tron network, the receiver will receive their Tron coin while the Nodes will benefit from the fees paid by the sender. The users who delegated their coins to several Nodes to use them to secure the network will be also be rewarded.Because of this,Tron coin is being considered to be a decentralized cryptocurrency.Tron coin was created by Justin Sun who is a Chinese based self taught technologist with the main objective of making it a decentralized internet to help content creators to monetized from the data they create online.As a cryptocurrency, Tron coin can be used by different developers on Tron network to pay for hosting their Dapps over there as well as to create and issue the TRC20 token of their Dapp.One Tron user sending the Tron coin to another user can also use the coin to pay for fees so that the Nodes can accept the transaction on the Tron network thus making the receiver to receive the amount sent instantly. Tron coin is being abbreviated as TRX. In November 2017 when Tron conducted its first ICO, one Tron coin was going for $0.00186.Towards the end of 2017,Tron coin price managed to go as high as $0.0465.Towards the beginning of 2018 ,the price of one Tron coin rises further to $0.08. 4 days later the price managed to go the highest at a price of $0.23. Towards the end of 2019, the price again went down to $0.0196. When 2019 was starting, the price started trading at $0.0186. The price of Tron coin has managed to maintained that range such that it is currently trading at between $0.019 to $0.02. Its future price will be determined by several factors such as Dapps built on its network, its liquidity and consensus used. The liquidity of Tron in several exchanges will affect its future price as follows;

  Tron Liquidity

As a liquidity, coin can be considered to be widely spread to several users thus making its price very stable. Its most liquidity widely spread is its listing in several exchanges.An increase in the number of exchanges to list Tron coin results to an increase in the price of Tron while a decrease in the number of exchanges to list Tron coin will result to a decrease in its price.Tron coin is therefore less volatile and stable due to its listing in several exchanges as follows;

https://www.binance.com/en

   https://global.bittrex.com/

https://www.kucoin.com/ 

 https://www.gate.io/

https://www.bitfinex.com/   

https://mercatox.com/

https://exmo.com/   

https://atomars.com/

https://www.okex.com/ 

 https://www.digifinex.com/

https://hitbtc.com/   

https://www.hbg.com/en-us/

https://bitmax.io 

  Since Tron coin is being listed in several exchanges including some above, it is therefore considered to be more liquidity thus its price is very much stable as compared to other cryptocurrencies. Its future price based in bullish and bearish condition can further be explained as follows;  

1.Tron bullish market based on its liquidity  

Tron coin price is very much stable compared to other cryptocurrencies. This stability in price is due to its listing in several exchanges. Its current market price is $0.0195. In the near future, if more exchanges will continue to list the coin, then it will become inefficient in the Tron network thus causing its price to increase much further.Developers of Tron network will have an easy time to transfer their Tron coin earnings to several exchanges where they will be able to convert them to other cryptocurrencies like bitcoin and Ethereum.The future market price for Tron coin based on an increase in its listing in several exchanges is further illustrated as from below  

    From the future price analysis of Tron coin from above, there are two points, A and B. As you can see from the candlesticks analysis graph, the Tron market has been trending upwards and managed to go as high as $0.022. This increase in price is due to an increase in its listing in several exchanges.Developers of several Dapps built on Tron network as well as users of those Dapps over there then transfer their Tron coin earnings to several exchanges where they convert them to other cryptocurrencies like bitcoin and Ethereum.This results to a decrease in price of the Tron coin to point A at a price of $0.0196. More exchanges that have entered the cryptocurrency industry then list the Tron coin in their exchange thus causing it to become inefficient again thus causing its price to rise again to point B.In near future, if more exchanges will enter the industry and continue listing the Tron coin to their exchange, then its price will continue to increase much further to above point B thus in one year time, the price might go as high as $0.03. As an investor ,this is the right time to buy Tron coin because more exchanges are entering the industry.  

  2.Tron bearish Market based on its liquidity

  Tron coin price is very much stable compared to other cryptocurrencies. This stability in price is due to its listing in several exchanges. Its current market price is $0.0195. In the near future, if more exchanges will start delisitng  the coin due to several factors such as not adding value to its community members or due to several Dapps exiting the network and looking for other network with favorable condition, then it will become surplus in the Tron network thus increasing its volatility thus causing its price to decline much further.Developers of Tron network will have a difficult time to transfer their Tron coin earnings to several exchanges where they can be able to convert them to other cryptocurrencies like bitcoin and Ethereum.The future market price for Tron coin based on a decrease in its listing in several exchanges is further illustrated as from below  

  From the future price analysis of Tron coin from above, there are two points, A and B. As you can see from the candlesticks analysis graph, the Tron market has been trending downwards and managed to go as low  as $0.0196. This decrease in price is due to a decrease in its listing in several exchanges.Developers of several Dapps built on Tron network as well as users of those Dapps over there then purchase the Tron coin in few exchanges available so that they can use them to perform some small task like paying for gas fees as well as transferring the tokens of the Dapps built over there to another smart contract address .This results to an increase in price of the Tron coin to point A at a price of $0.022. More exchanges that have entered the cryptocurrency industry and had initially listed Tron coin then start to delist the Tron coin from their exchange thus causing it to become much more surplus again in its network thus causing its price to fall again to point B.In near future, if more exchanges already in the cryptocurrency industry will continue delisting the Tron coin from their exchange, then its price will continue to decrease much further to below point B thus in one year time, the price might go as low as $0.015. As an investor ,this is the right time to sell Tron coin if you think it is going to be delisted by several exchanges due to its poor performance.  

Summary  

Tron coin has a bright future for its community members. There are many cryptocurrency companies entering into the cryptocurrecny exchange everyday. As they get into the industry, many are increasing the liquidity of Tron coin. In near future, Tron coin's liquidity will be high thus causing the coin to become inefficiency.This will make it to increase in price further. Therefore we can say that an increase in Tron liquidity overtime will result to an increase in its price while a decrease in Tron's liquidity over time will result to a decline in its price

RSI is an oscillator indicator to help traders know of an overbought or oversold market condition while Moving average is a trend following indicator for helping traders to know whether the market has gained support or resistance.

On Thursday 57th November of 2019, the EUR/USD market has been downtrending most of the time thus some few traders has been profiting from the trend while majority of the traders have been affected by this downward trend .The EUR/USD market has managed to go as low as 1.1053. This downwards market movement is being indicated as from the candlesticks chart below;

From the EUR/USD candlesticks chart market above, there are two points, point A and point B. Point A being located along the RSI while point B being located along the moving average. As you can see from above, the EUR/USD market has been bearish most of the time .We are not sure whether the market will start a bullish trend but with RSI and moving average indicator, we can be able to predict the direction of EUR/USD market for the remaining time as follows;  

CONCEPT of RSI

Using RSI concept,the market is considered to be in overbought condition when RSI rises above 70 and to be in oversold condition when RSI falls below 30. At point A,the RSI has fallen below 30 thus and indication of an oversold market condition. At that point,the price is at 1.1053. As a trader, we will follow the RSI concept and open a buy position over there at a price of 1.1053.  

CONCEPT of Moving average

Using the Moving average concept,the market is considered to gain a resistance point if the price rises above the highest point of moving average and to be in support point if the price falls below the lowest point of moving average. At point B,the price has fallen below the lowest point of Moving average at 1.1085 .As a trader,we will follow the Moving average concept and opens a buy position at a price of 1.1085.  Our trading ideas strategies for today is as follows;  

buy 1.1053    T/P  1.1113  S/L  1.1003  

As we always say, this is just a trading idea but not an investment advice.Always make sure to apply risk management while entering the market

Tron is a cryptocurrency which was issued and created on Ethereum network in 2017 but was later transferred to the Tron mainnet in 2018.As a cryptocurrency operating on Tron network, Tron coin can be transferred from one peer to another without involvement of centralized third part. Upon transaction being verified by Nodes running and operating the Tron network, the receiver will receive their Tron coin while the Nodes will benefit from the fees paid by the sender. The users who delegated their coins to several Nodes to use them to secure the network will be also be rewarded.Because of this,Tron coin is being considered to be a decentralized cryptocurrency.Tron coin was created by Justin Sun who is a Chinese based self taught technologist with the main objective of making it a decentralized internet to help content creators to monetized from the data they create online.As a cryptocurrency, Tron coin can be used by different developers on Tron network to pay for hosting their Dapps over there as well as to create and issue the TRC20 token of their Dapp.One Tron user sending the Tron coin to another user can also use the coin to pay for fees so that the Nodes can accept the transaction on the Tron network thus making the receiver to receive the amount sent instantly. Tron coin is being abbreviated as TRX. In November 2017 when Tron conducted its first ICO, one Tron coin was going for $0.00186.Towards the end of 2017,Tron coin price managed to go as high as $0.0465.Towards the beginning of 2018 ,the price of one Tron coin rises further to $0.08. 4 days later the price managed to go the highest at a price of $0.23. Towards the end of 2018, the price again went down to $0.0196. When 2019 was starting, the price started trading at $0.0186. The price of Tron coin has managed to maintained that range such that it is currently trading at between $0.019 to $0.02. Its future price will be determined by several factors such as Dapps built on its network, its liquidity and consensus used. The Dapps built on the Tron network will affect the future price of Tron coin as follows;

Dapps built on the Tron network

Overtime, Tron coin has been increasing in price.When Tron conducted its ICO, one coin was going for $0.00186.The price then managed to go as high as $0.23 but later dropped to $0.0196. This increase in price has been due to an increase in the number of developers joining the platform to develop different Dapps ,ranging from social media to publishing platform to gaming platform to gambling platform and to Defi platform.In the near future, if these Dapps increases in numbers, then the Tron price will also increases while if these Dapps decreases in number then the price of Tron coin will also decline. Here are some of the Dapps being built on the Tron network that are determining the price of Tron coin;

-Gaming:Hypersnakes

-Gambling;wink

-Social Media:Trontweet

-Defi:Tronmax

In one year time from now, its bullish and bearish market based on these Dapps can further be explained as follows;

**1. Tron bullish market based on the Dapps built on its network
**

In bullish market condition, the Tron coin will be moving in an upwards market direction.Since Tron coin was mainly created to become a utility coin for its native blockchain ,Tron network, its price has been tremendoulsy increasing overtime from $0.00186 to over $0.2 and back to $0.019. This increase in Tron price has been due to an increase in the number of developers shifting to Tron network to develop their Dapps over there since their Dapps will easily be monetized on the Tron network.In the near future, if more developers will join Tron network to develop over there because of favorable conditions such as low fees charged and more revenue from their Dapps created over there, the price can go as high as over $0.03.Here is how the future price analysis of the Tron coin based on an increase in the number of developers on the Tron network that will result to an increase in the number of Dapps built over there looks like;

From the candlesticks analysis of the Tron coin above, there are two points, point A and point B.Before point A,the price can be seen to have gone as high as $0.022.This increase in price is due to an increase in the number of developers to develop on the Tron network due to a favorable condition such as low fees charged and more monetization of their Dapps over there.The developers of those Dapps will then sell their earned Tron coin in several exchanges including the Tron Dex exchange thus causing the price to move a little bit downward to point A at a price of $0.019. Developers as well as users of Dapps created on the Tron network then create a demand of the Tron coin so that they can use the coin to perform several tasks such as paying for hosting those Dapps as well as paying for fees to transfer tokens of those Dapps from one address to another thus causing the price to move again upwards to point B .Towards the end of one year, if more developers will continue to increase in number at the Tron network because of an increase in favorable condition such as increase in monetization of their Dapps over there, then the Tron coin will increase its utility function thus causing its price to increase further to above point B.The price can go further and manage to reach over $0.03 in one year time. As an investor, if you want to benefit since there is possibility of developers to increase in number,then this is the right time to purchase Tron coin.

**2.Tron bearish market based on Dapps built on its network.
**

In bearish market condition, the Tron coin will be moving in a downward market direction.Since Tron coin was mainly created to become a utility coin for its native blockchain ,Tron network, its price has been tremendoulsy increasing overtime from $0.00186 to over $0.2 and back to $0.019. This increase in Tron price has been due to an increase in the number of developers shifting to Tron network to develop their Dapps over there since their Dapps will easily be monetized on the Tron network.In the near future, if developers will start leaving Tron network to develop to other blockchain network because of unfavorable conditions on Tron network such as high fees charged and decline in revenue from their Dapps created over there, the price can go as low as below$0.015.Here is how the future price analysis of the Tron coin based on a decrease in the number of developers on the Tron network that will result to a decrease in the number of Dapps built over there looks like;

From the candlesticks analysis of the Tron coin above, there are two points, point A and point B.Before point A,the price can be seen to have gone as low as $0.019.This decrease in price is due to a decrease in the number of developers to develop on the Tron network due to a unfavorable condition such as high fees charged and decline in monetization of their Dapps over there.The developers of those Dapps will then buy some Tron coin in several exchanges including Tron Dex exchange so that they can use the coin to perform several task like to pay for hosting of their Dapps as well as to pay for transaction of transfering Dapps token from one address to another thus causing the price to move a little bit upward to point A at a price of $0.022. Developers as well as users of Dapps created on the Tron network continue to exit the Tron network because their income is declining much further as well as the fees charged is also inclining more thus causing the price to move again downwards to point B .Towards the end of one year, if more developers will continue to decrease in number at the Tron network and start looking for another network because of an increase in unfavorable condition such as decrease in monetization of their Dapps over there, then the Tron coin will decline its utility function thus causing its price to decline further to below point B.The price can go down further and manage to reach below $0.015 in one year time. As an investor,If you have been holding Tron coin and you have doubt of such occurence to happen then this is the right time to sell.

Summary

An increase in the number of developers to develop on the Tron network will result to an increase in the number of Dapps over there thus resulting to an increase in the price of the Tron coin.On the other hand, a decrease in the number of developers from Tron network will result to a decrease in the number of Dapps created over there thus resulting to a decrease in the price of Tron coin overtime.An increase in developers to build over Tron network will be due to an increase in its monetization programme as well as decrease in gas fees while a decrease in developers to build on the Tron network will be due to an increase in gas fees as well as a decrease in its monetization programme.

Moving Average exponential is a type of moving average.

Moving Average exponential is a trend following indicator

Since Moving Average exponential is a trend following indicator, it is therefore used to indicate the direction of the market, that is whether the market is moving upwards or downwards.

Moving Average Exponential is based on bullish and bearish as well as support and resistance.

Just like in weight moving average,moving average exponential also places more weight on recent price than on previous price.

Therefore,Moving average exponential is calculated using the following formula;

EMA= (Current price*Z)+(previous EMA*(1-Z)

Where Z is the smoothing constant % for price value calculated as 2/(n+1)

where n is the number of periods.

Therefore, since moving average exponential is a trend following indicator and is based on bullish and bearish ,it therefore follows that when the market is in an upward trend,the moving average exponential will also be moving upwards.On the other hand, when the market is in a downward trend, the moving average exponential will also be moving downwards.

Based on support and resistance, when the price rises above the moving average exponential when both are in an upward direction, the market and the moving average exponential will experience a downward reversal thus signaling the trader to close any buy position and open a sell position.

On the other hand, when the price falls below the moving average exponential when both are in a downward direction, the market and the moving average exponential will experience an upward reversal thus signaling the trader to close any sell position and open a buy position.This is indicated as from the candle sticks chart below;

From the candle sticks chart above, there are 3 points, point A, B and C. Point A and B represent the support and resistance points while point C which is blue curve represents the moving average exponential.

At point A, the market and the moving average exponential were initially moving downwards.The price then falls below the moving average exponential thus resulting to an upward reversal direction for both the market and the moving average exponential thus signaling the trader to close any sell position and open a buy position.

On the other hand, at point B the market and moving average exponential were initially moving upwards.The price then rises above the moving average exponential thus resulting to a downward reversal direction for both the market and the moving average exponential thus signaling the trader to close any buy position and open a sell position

Recommendation:If you are a day trader just use 1 min, 5 min, 15 min and 30 min timeframe while if you are a swing trader just use 1 hour and above timeframe if you want moving average exponential indicator to work well for you

You are always free to support our work from below;

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Bitcoin:1Fp5aLgRB6WJnC7nxGw57M3JbbexaAWHG2

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ARK coin is a native cryptocurrency of the ARK blockchain platform created on the ARK blockchain network platform whose transaction takes place from one peer to another without involvement by the government thus is being considered to be a decentralized asset.As a native coin of the ARK blockchain network, ARK coin was created to enable different developers to be able to use the coin to pay for the hosting of their created Dapps on the ARK blockchain platform. With ARK coin, different developers can also be able to create and issue the token of their Dapps on the ARK blockchain platform. The created Dapps on the ARK platform can use the ARK coin to send their tokens from one smart contract address to another. The owner of ARK coin can also use the ARK coin to pay for fees while sending the ARK coin from one smart contract address to another. Since ARK coin uses Delegated proof of stake consensus, different delegators can delegate their ARK coin to any verified delegates who will use the coins to secure the network and to validated any transaction on the network thus in return they receive reward in form of new coin minted as well as from the fee income charged. The more your delegation the more income you receive.

ARK coin transaction

ARK coin transaction takes place on the ARK blockchain explorer based on block height and timestamp. Here is a view of the ARK coin transaction;

To view how the transaction takes place on the ARK coin blockchain, you can follow the link below;

https://explorer.ark.io/

Date Launched

ARK coin project was started in 2016 but was fully launched in 2017 with the main objective of helping developers to build their own Dapps as well as to create and issue the tokens of their own created Dapps.

Founder Of ARK coin

Ark coin was created by a group of crypto community members with the main objective of improving the scalability issues thus allowing creation of other blockchains on the ARK coin network. Some of the team members behind ARK coin projects are; Mathew Coxx( Chairman of the project), Lars Rensing(Vice chairman),François Thoorens( president) amongst others.

Process of creating ARK coin

Unlike cryptocurrencies like bitcoin and Ethereum which are released through the mining process using power supply and internet using the proof-of-work consensus, for ARK coin, that is not the case. Instead, ARK coin was created to become a delegated proof of stake coin.During its launch, 125 million coins were generated through genesis block after which 51 delegates were elected by the community members. Therefore, two key players are involved in the ARK coin staking. They are delegators and delegates. The delegators will be delegating their ARK coin to any of the 51 verified delegates who will use the coins to secure the network and to forge any block being added to the ARK network thus in return they receive reward.After every 8 seconds, 2 block of ARK coin will enter into the network which will be shared to those validating the forge.The new block entering the ARK network will be based on the amount being staked. If all 100% of the circulating coins are being staked then all of the over 7 million coins will enter the network while if not the inflation will decline. The reward will then be distributed to the delegators based on the amount they will have voted. The more their delegation the more the reward they will receive. To become a delegate ,you need to have 24 hour running network and skill of running a node.Here is how ARK coin staking process looks like;

If you would like to take part in the voting process so that you receive reward when your coins are used to secure the network and to add new block to the ARK network, then you can follow the link from below to join

https://ark.io/wallet

Maximum circulation of ARK coin

In ARK coin white paper, there is no indication of the maximum amount that should be circulating in its blockchain network though it will be an inflationary coin. During its launch, 125 million coins were released through genesis block after which 51 delegates were elected by community members to secure the network. Out of this 125 million coins,93,750,000 coins were issued to early investors while another 18,750,000 coins were retained by team members.Another 8,750,000 coins were set aside for the ARKshield program while another 2,500,000 coins were distributed through bounty.The remaining 1,250,000 was set aside for escrow system. Every year, more than 7,008,000 will be released through staking thus will be distributed to those who will be responsible to securing the network. Here is how the ARK coin supply distribution looks like though no maximum supply indicated.

ARK coin Price

Currently, 1 ARK coin is worth more than $0.2 and its price is expected to increase over the next period of time. ARK coin is being abbreviated as ARK.

Converting my ARK coin to other cryptocurrencies

To convert your ARK coin to other cryptocurrencies such as bitcoin and Ethereum, you need to have a cryptocurrency exchange account. If you don't own one then you can follow the link to open a cryptocurrency exchange account for easy conversion of your ARK coin to Bitcoin or Ethereum. Here is a list of exchanges where you can easily exchange your ARK coin to your favorite cryptocurrencies;

https://www.binance.com/en

https://www.okex.com/

https://www.altilly.com/

https://global.bittrex.com/

https://www.bit-z.com/

https://atomars.com/

Storing my ARK coin

To store your ARK coin, you need an ARK coin wallet. You can either store online or offline. To store your ARK coin online, you can either use Atomic wallet or can download desktop wallet for windows, MAC and linux or can also download mobile wallet for android or IOS. To securely store your ARK coin offline from being stolen by hackers, you can use ledger Nano wallet.

Transferring my ARK coin to other Users

If you want to transfer your ARK coin to another user, the two of you must have trust in each other. The trust should be the ARK coin address provided for by the receiver while the sender must have the ARK coin balance in their account to send to the receiver. For the sender, a blank space to insert the receiver address and another blank space to insert the amount to send to the receiver is indicated. Here is how it looks like;

Knowing more About ARK coin

If you feel that you need to learn more about ARK coin, then you can follow them on their site. Here is the link redirecting you to ARK coin platform website

https://ark.io/

You can as well read their white paper to learn more about their idea from below

https://ark.io/whitepaper/

You can also join as a community member in any of their social media platform from below to follow the discussion made by other community members;

twitter:https://twitter.com/ArkEcosystem

Reddit:https://www.reddit.com/r/ArkEcosystem/

facebook:https://facebook.ark.io/

medium:https://blog.ark.io/?gi=541b7ee584bf

discordapp:https://discordapp.com/invite/VNRfxwQ

Now that you know, I think that it is time for you to start earning some ARK coin by simply delegating your ARK coin to any of the 51 verified delegates who will use the coin to validate transaction and to secure the network. The more your delegating amount the more your reward.If you feel that we should also own some ARK coin for simply helping you know about it then here is our ARK coin address;

AH3D9Sh8dxWdSNRDCHN9Z9wM3c4T24DtmE

McGinley Dynamic is a trend following indicator.

Being a trend following indicator, McGinley Dynamic indicator was created by John McGinley with the main aim of solving the inherent problem of all moving average since it is a smooth mechanism indicator for prices .Therefore it is able to follow the market closely than any other moving average indicator.Just like in all moving average indicator, McGinley Dynamic indicator is also used to indicate the direction of the market thus enabling the traders to know whether the market has gained support or resistance.

According to John McGinley, the values of McGinley Dynamic is therefore calculated using the following formula;

MD= MD-1+(Price-MD-1)/(n*(price/MD-1)^4

Where as;

MD is the curent McGinley Dynamic value;

MD-1  is the previous McGinley Dynamic Value;

price is the price of the asset/security.

While n is the smoothing moving average.

 Since McGinley Dynamic indicator is a trend following indicator and is based on support  and resistance , it therefore follows that when the price is in an upward trend the McGinley Dynamic indicator will also be moving upwards.On the other hand, if the price is in a downward trend,the McGinley Dynamic indicator will also be moving downwards.Based on support and resistance, When the price rises above the McGinley Dynamic indicator when the movement is in an upward trend, the market and the McGinley Dynamic will reverse and start moving downwards thus signaling the trader to close any buy position and enter a sell position.On the other hand, When the price falls below the McGinley Dynamic indicator when the movement is in a downward trend, the market and the McGinley indicator will reverse and start moving upwards thus signaling the trader to close any sell position and open a buy position. This is indicated as from the candle sticks chart below;

From the candle sticks chart above, there are 3 points, Point A,B and C. Point A and B represent the support and resistance point while point C which is a blue curve represent the McGinley Dynamic indicator. At point A, the market and the McGinley were initially in a downward movement.The price then falls below the McGinley Dynamic thus resulting to an upward reversal direction for both the market and the  McGinley Dynamic as indicated by the upward arrow.This will singal the trader to close any sell position and open a buy position.On the other hand, at point B, the market and the McGinley were initially in an upward trend movement.The price then rises above the McGinley Dnamic thus resulting to a downward reversal direction for both the maket and the McGinley Dynamic as indicated by the downward arrow.This will signal the trader to close any buy position and open a sell position.

Recommendation:If you are a day trader just use 1 min,5 min, 15 min and 30 min timeframe while if you are a swing trader just use 1 hour and above timeframe if you want McGinley Dynamic indicator to work well for you

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RSI is an oscillator indicator to help traders know of an overbought or oversold market condition while Moving average is a trend following indicator for helping traders to know whether the market has gained support or resistance.

On Tuesday 5th November of 2019, the EUR/USD market has been downtrending most of the time thus some few traders has been profiting from the trend while majority of the traders have been affected by this downward trend .The EUR/USD market has managed to go as low as 1.1085. This downwards market movement is being indicated as from the candlesticks chart below;        

From the EUR/USD candlesticks chart market above, there are two points, point A and point B. Point A being located along the RSI while point B being located along the moving average. As you can see from above, the EUR/USD market has been bearish most of the time .We are not sure whether the market will start a bullish trend but with RSI and moving average indicator, we can be able to predict the direction of EUR/USD market for the remaining time as follows;

  CONCEPT of RSI

Using RSI concept,the market is considered to be in overbought condition when RSI rises above 70 and to be in oversold condition when RSI falls below 30. At point A,the RSI has fallen below 30 thus and indication of an oversold market condition. At that point,the price is at 1.1085.As a trader, we will follow the RSI concept and open a buy position over there at a price of 1.1085.  

CONCEPT of Moving average

Using the Moving average concept,the market is considered to gain a resistance point if the price rises above the highest point of moving average and to be in support point if the price falls below the lowest point of moving average. At point B,the price has fallen below the lowest point of Moving average at 1.1085 .As a trader,we will follow the Moving average concept and opens a buy position at a price of 1.1085.  Our trading ideas strategies for today is as follows;   buy 1.1085    T/P  1.1135  S/L  1.1025   Make sure to enter the market with a well created strategy and a good risk management since this is not an investment advice but just a trading idea

ICON coin is a native cryptocurrency of the ICON blockchain platform created and issued on the Ethereum network but was later transferred to the ICON blockchain network platform whose transaction takes place from one peer to another without involvement by the government thus is being considered to be a decentralized asset.As a native coin of the ICON blockchain network, ICON coin was created to enable different developers to be able to use the coin to create and issue the token of their created Dapps on the ICON platform. A user wanting to transfer their ICON coin to another user will also use the ICON coin to pay for the transaction cost so that the public representative upon verifying the transaction they can receive the transaction cost as a reward. Users of different Dapps created on the ICON platform can also use the ICON coin to pay for transaction cost when they want to transfer the token of those Dapps from one smart contract address to another. Different Dapps can also swap the tokens of their Dapps to ICON coin after which they can easily exchange ICON coin to the cryptocurrency of their choice such as bitcoin and ethereum. Since ICON coin is a delegated proof of stake coin, different community members who want to receive reward can delegate their ICON coin to any of the 22 verified public representative who will use the coin to validate transaction as well as to secure the ICON network after which they will receive reward based on the amount they will have delegated.

ICON coin transaction

ICON coin transaction takes place on the ICON blockchain explorer based on block height and timestamp. Here is a view of the ICON coin transaction;

To view how the transaction takes place on the ICON blockchain, you can follow the link below;

https://tracker.icon.foundation/

Date Launched

ICON coin project was started and launched in 2017 on the ethereum network but was later transfered in 2018 to its ICON blockchain mainet with the main objective of helping developers to build their own Dapps as well as to create and issue the tokens of their own created Dapps.

Founder Of ICON coin

ICON coin project was started and created by Dayli Financial Group which is also the parent company of the coinone exchange , a South Korean cryptocurrency exchange. The main objective of Dayli Financial Group for starting the project was to enable developers in south korea as well as those all over the world to be able to create and issue the token of their created Dapps on the ICON blockchain platform.

Process of creating ICON coin

Unlike cryptocurrencies like bitcoin and Ethereum which are released through the mining process using power supply and internet using the proof-of-work consensus, for ICON coin, that is not the case. Instead, ICON coin was created to become a delegated proof of stake coin.During its launch, 50% of the required supplied amount of 800,460,000 coins were sold. Some of the remaining amount will be released through staking at a rate of 3,000,000 coins to be distributed among public representative and community members but the reward can be increased in the near future. There are two key participant in the ICON staking process, the community group member and the public representative.The community member delegate their vote to any of the 22 verified public representative. The public representative then use the vote to secure the ICON network and to validate transaction on the ICON network thus in return they receive reward in form of the 3000,000 coins minted as well as the income fee charged which are then distributed to the community members based on the vote they delegated. The more the votes the community member delegate the more reward they receive. As a community member, you can delegate any amount of votes to the verified public representative while to become a public representative, you need to have atleast 0.2% of the supplied delegated votes.The reward can range from 6% to 36% the whole year. Incase the public representative try to cheat the network, 6% of the delegated votes will be burned. This will also affect the community member thus they are recommended to diversify their votes to several verified public representative. The staking period ranges from 5 days to 20 days after which the delegates can unstake their votes.Here is how the ICON staking process looks like;

If you would like to take part in the voting process so that you receive reward when your coins are used to secure the network and to add new block to the ICON network, then you can follow the link from below to join

https://icon.foundation/contents/products/iconex?lang=en

Maximum circulation of ICON coin

The maximum amount of ICON coin that should be circulating in its ICON loopchain blockchain network should be 800,460,000 coins. During its launch 400,230,000 were issued for sale(50%) while another 136,078,200 was reserved for future release(17%). Another 80,046,000 coin was set aside for team members, advisors and early contributors(10%) while another 80,046,000 coin was set aside to cater for several community group and strategy partner(10%) while the remaining amount of 104,059,800 coin was set aside to cater for the ICON foundation(13%). Here is how the distribution of ICON coin looks like;

ICON coin Price

Currently, 1 ICON coin is worth more than $0.16 and its price is expected to increase over the next period of time. ICON coin is being abbreviated as ICX.

Converting my ICON coin to other cryptocurrencies

To convert your ICON coin to other cryptocurrencies such as bitcoin and Ethereum, you need to have a cryptocurrency exchange account. If you don't own one then you can follow the link to open a cryptocurrency exchange account for easy conversion of your ICON coin to Bitcoin or Ethereum. Here is a list of exchanges where you can easily exchange your ICON coin to your favorite cryptocurrencies;

https://www.binance.com/en

https://www.kraken.com/

https://www.coinex.com/

https://www.okex.com/

https://www.bkex.com/

Storing my ICON coin

To store your ICON coin, you need an ICON coin wallet. You can either store online or offline. To store your ICON coin online, you can either use ICONEX chrome extension wallet or tustwallet . To securely store your ICON coin offline from being stolen by hackers, you can use ledger Nano wallet.

Transferring my ICON coin to other Users

If you want to transfer your ICON coin to another user, the two of you must have trust in each other. The trust should be the ICON coin address provided for by the receiver while the sender must have the ICON coin balance in their account to send to the receiver. For the sender, a blank space to insert the receiver address and another blank space to insert the amount to send to the receiver is indicated. Here is how it looks like;

Knowing more About ICON coin

If you feel that you need to learn more about ICON coin, then you can follow them on their site. Here is the link redirecting you to ICON platform website

https://icon.foundation/

You can as well read their white paper to learn more about their idea from below

http://docs.icon.foundation/ICON-Whitepaper-EN-Draft.pdf

You can also join as a community member in any of their social media platform from below to follow the discussion made by other community members;

Telegram:https://t.me/hello_iconworld

twitter:https://twitter.com/@helloiconworld

Reddit:https://www.reddit.com/r/helloicon/

facebook:https://www.facebook.com/helloicon

medium:https://medium.com/helloiconworld

Now that you know, I think that it is time for you to start earning some ICON coin by simply delegating your ICON coin to any of the 22 verified public representative who will use the coin to validate transaction and to secure the network. The more your delegating amount the more your reward.If you feel that we should also own some ICON coin for simply helping you know about it then here is our ICON coin address;

hx409cb3839e7e52bd8ac74df66c11992d1bede154