💟 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
VITE is consolidating very strongly around $0.09-0.1 zone and it can rise strongly to 0.12$, 0.16$ and 0.2$ in September. But if it loses 0.09$ zone, it will correct to 0.07$ zone.
📈RED PLAN 🔴Buy : 0.088-0.092$. SL if B
📉BLUE PLAN 🔴Sell : 0.117-0.123$. SL if A
🔴Sell : 0.156-0.164$. SL if A
🔴Sell : 0.195-0.205$. SL if A
🟣PURPLE PLAN 🔵Sell : 0.088-0.092$ if B. SL if A
🔵Buy : 0.068-0.072$. SL if B
❓Details 🕯Timeframe : 1 Day
📈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 candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
Vite operates a Directed Acyclic Graph (DAG)- based smart-contract platform that features "zero-fee transactions and optimizes for transaction speed, reliability, and security".
To achieve this, Vite uses a Snapshot Chainstructure featuring a consensus mechanism named Hierarchical-delegated-Proof-of-Stake (“HDPoS”). In addition, Vite’s virtual machine maintains fully compatibility with the EVM, and utilizes an asynchronous smart-contract language: Solidity++.
As of December 2019, the Vite team operates three self-developed products on the Vite network: (1) ViteX (a decentralized exchange), (2) VitePay (a payment platform), and VitePlus (for government and enterprise blockchain applications).
The VITE token is used to initiate transactions and fuel smart contracts (similar to Ethereum's gas). Additionally, VITE can be used to vote for (Snapshot) block producers.