💟 Market Health (October-18) Money flow is continuing to push into Bitcoin to help it rise back to the top of $65000 so the money push into Altcoins will be quite slow, but the buying power of Altcoins is still very interesting because it is still pushed in even when Altcoins are falling. This shows that the accumulation of Altcoins at the moment is taking place and Altcoins can completely increase in the near future.
💟 Market Health (October-17) The buying power has decreased because the cash flow at the end of the week is usually very weak, so we may have a slight correction, this does not affect the uptrend of Altcoins.
💟 Market Health (October-16) The buying force is continuously pouring into Altcoins these days and they are having a big chance to increase sharply in the near future so let's keep accumulating Altcoins.
💟 Market Health (October-15) After a wave of good news about the DeFi, NFT and Fan token markets, buying power has returned to the market now. The current money is flowing strongly into the platform coins and this will help the market to stand stable in the near term. Let's keep accumulating coins and waiting for their pump
DOT has conquered the $34 zone and this is a very positive sign that it can rise sharply in the next few days to the $45 and $56 zones. But if it loses the $34 zone, it will fall back to the $28 and $22 zone
📈RED PLAN 🔴Buy : 33.2-34.8$. SL if B
📉BLUE PLAN 🔴Sell : 44-46$. SL if A
🔴Sell : 55-57$. SL if A
🟣PURPLE PLAN 🔵Sell : 33.2-34.8$ if B. SL if A
🔵Buy : 27.3-28.7$ if A. SL if B
🔵Buy : 21.5-22.5$. SL if B
❓Details 📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
The Relay Chain is the central chain of the Polkadot network. All validators of Polkadot are staked on the Relay Chain.
The Parachains are parallel chains that connect to the Relay chain and are maintained by their validators, called collators.
The Bridges are special blockchains that allow Parachains to connect to and communicate with external networks like Ethereum and Bitcoin.
Polkadot uses DOT tokens for operating on its network. DOT serves multiple purposes such as:
Governance: where participants can manage protocol updates and fixes.
Staking: where the tokens are staked to ensure the network remains secure, as good validators are rewarded, and bad actors lose their stake.
Bonding: where new parachains are supported by bonding tokens.
Fees: for ferrying messages across parachains.
Based on Polkadot’s first stakeholder vote, all DOT tokens will be redenominated by a factor of 100 at block 1,248,328, estimated to occur at 2020/08/21 4:40 PM (UTC). To support the redenomination plan, all DOT deposits made to Binance after block 1,205,128 will be multiplied by a coefficient of 100. For example, if a user deposits 10 DOT, he/she will be credited with 1,000 DOT to his/her account.