ExplanationOfTheConcept
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#ExplanationOfTheConcept
#dom
#DephtOfMarket
#Tick
Reading the illustration
Visual mark Quick meaning
Green curve "Demand" Cumulative bids; the wall of buyers is just below 0.2400.
Red curve "Supply" Cumulative asks; sellers are densifying higher.
Blue lines + arrows Sequence of 5 ticks
bullish: 0.2400 → 0.2401 → … → 0.2404.
Tick size = 0.0001 USDC
Smallest allowed increment for this alt-coin.
What this small diagram shows
1. Micro-structure granularity
Each blue dot represents a single tick, the minimum movement unit.
On an alt-coin with tick size 0.0001, these five points = +0.0005 USDC.
2. Interaction with depth
As long as the ticks stay in the white "corridor" (between the large bid wall and the first block of supply), the price moves without strong resistance.
As soon as it touches the first thick red step, it will have to absorb this volume to continue.
3. Quick conversion to time
If the asset trades ~5 ticks/s (THE cadence), these 5 ticks ≈ 1 second.
If it trades ~2 ticks/s (WCT cadence), they take ≈ 2.5 s.
⇒ the same path in ticks can last more or less time depending on liquidity.
#dom
#DephtOfMarket
#Tick
Reading the illustration
Visual mark Quick meaning
Green curve "Demand" Cumulative bids; the wall of buyers is just below 0.2400.
Red curve "Supply" Cumulative asks; sellers are densifying higher.
Blue lines + arrows Sequence of 5 ticks
bullish: 0.2400 → 0.2401 → … → 0.2404.
Tick size = 0.0001 USDC
Smallest allowed increment for this alt-coin.
What this small diagram shows
1. Micro-structure granularity
Each blue dot represents a single tick, the minimum movement unit.
On an alt-coin with tick size 0.0001, these five points = +0.0005 USDC.
2. Interaction with depth
As long as the ticks stay in the white "corridor" (between the large bid wall and the first block of supply), the price moves without strong resistance.
As soon as it touches the first thick red step, it will have to absorb this volume to continue.
3. Quick conversion to time
If the asset trades ~5 ticks/s (THE cadence), these 5 ticks ≈ 1 second.
If it trades ~2 ticks/s (WCT cadence), they take ≈ 2.5 s.
⇒ the same path in ticks can last more or less time depending on liquidity.
#DOMDuel
#Tick
$WCT
$THE
🎲 Mini-Game "DOM Duel"
Train the eye... and introduce the concept of tick in context.
Explanation "tick"
⏱️ Tick = smallest pricing step
THE/USDC : 1 tick = 0.0001 USDC
WCT/USDC : 1 tick = 0.0001 USDC
⚡ Observed cadence
THE : ~5 ticks / second
WCT : ~2 ticks / second
📏 30 ticks ≈ 6 s on THE, ≈ 15 s on WCT
Translation: if you see a wall of offers at +8 ticks, it could be tested in ~1.5 s on THE but in ~4 s on WCT, all else being equal.
Game rules:
1️⃣ Look at each depth.
2️⃣ Indicate after 30 ticks:
• the likely direction of movement (↗︎ / ↘︎ / ↔︎);
• the target price you aim for (e.g. 0.2408).
3️⃣ Justify in one sentence such as:
"Bid wall at 0.24 => support",
"Offer 70% => selling pressure", etc.
4️⃣ Post your answer in the comments (WCT + THE).
Examples:
🎯 DOM Duel – My forecast
— WCT —
Direction: ↘︎
Target price after 30 ticks: 0.4518
Argument: Offer 70%, immediate red wall, no solid bid.
— THE —
Direction: ↗︎
Target price after 30 ticks: 0.2409
Argument: Massive bid wall at 0.2400, ask dispersed up to 0.336.
5️⃣ See you tomorrow for the real curve, the best analyses, and the debrief!
Points Criteria
+2 Direction (bullish, bearish, or neutral) correct.
+1 Target price at ±1 tick.
+1 Justification mentions at least one relevant wall or imbalance.
#Tick
$WCT
$THE
🎲 Mini-Game "DOM Duel"
Train the eye... and introduce the concept of tick in context.
Explanation "tick"
⏱️ Tick = smallest pricing step
THE/USDC : 1 tick = 0.0001 USDC
WCT/USDC : 1 tick = 0.0001 USDC
⚡ Observed cadence
THE : ~5 ticks / second
WCT : ~2 ticks / second
📏 30 ticks ≈ 6 s on THE, ≈ 15 s on WCT
Translation: if you see a wall of offers at +8 ticks, it could be tested in ~1.5 s on THE but in ~4 s on WCT, all else being equal.
Game rules:
1️⃣ Look at each depth.
2️⃣ Indicate after 30 ticks:
• the likely direction of movement (↗︎ / ↘︎ / ↔︎);
• the target price you aim for (e.g. 0.2408).
3️⃣ Justify in one sentence such as:
"Bid wall at 0.24 => support",
"Offer 70% => selling pressure", etc.
4️⃣ Post your answer in the comments (WCT + THE).
Examples:
🎯 DOM Duel – My forecast
— WCT —
Direction: ↘︎
Target price after 30 ticks: 0.4518
Argument: Offer 70%, immediate red wall, no solid bid.
— THE —
Direction: ↗︎
Target price after 30 ticks: 0.2409
Argument: Massive bid wall at 0.2400, ask dispersed up to 0.336.
5️⃣ See you tomorrow for the real curve, the best analyses, and the debrief!
Points Criteria
+2 Direction (bullish, bearish, or neutral) correct.
+1 Target price at ±1 tick.
+1 Justification mentions at least one relevant wall or imbalance.
Crypto 101
Overview of Crypto, Blockchain, Trading, and the Binance Ecosystem
The world of cryptocurrency and blockchain technology is rapidly evolving, offering both opportunities and challenges for investors, traders, and developers. Below is a comprehensive guide covering the fundamentals of crypto, the mechanics of blockchain, trading strategies, and the unique features of the Binance ecosystem.
Cryptocurrency Basics
Cryptocurrency is decentralized digital money designed for use over the internet. Unlike traditional currencies, cryptocurrencies like Bitcoin and Ethereum are not controlled by governments or banks. Instead, they rely on blockchain technology for security, transparency, and immutability. Every transaction is recorded publicly, making it nearly impossible to manipulate or reverse payments, which helps reduce fraud and increases trust among users51.
Key advantages of cryptocurrencies include:
Global accessibility: No need for currency exchanges or bank account restrictions.
Transparency and privacy: Transactions are public, but personal information is not required.
Security: Blockchain technology and open-source protocols protect against hacking and fraud51.
How Blockchain Works
Blockchain is a decentralized, immutable ledger that securely records, stores, and verifies data across a distributed network of computers (nodes). Each transaction is stored in a block, which is cryptographically linked to the previous block, forming a chronological and tamper-proof chain26.
Key features of blockchain:
Decentralization: No single entity owns the blockchain; control is distributed among all participants2.
Immutability: Once a transaction is recorded, it cannot be altered or deleted, ensuring a transparent and trustworthy record26.
Consensus mechanisms: Transactions are validated by all network nodes before being added to the chain, using protocols like Proof of Work (PoW) or Proof of Stake (PoS)26.
Smart contracts: Self-executing programs that automate and enforce agreements directly on the blockchain2.
Crypto Trading Strategies
Crypto trading offers various strategies tailored to different risk appetites and time commitments:
Day Trading: Involves buying and selling within the same day to capitalize on short-term price fluctuations. Requires constant monitoring and technical analysis.
HODLing: A long-term approach where investors hold assets through market volatility, betting on overall appreciation.
Arbitrage: Profiting from price differences of the same asset across different exchanges. Requires fast execution and efficient fund transfers.
Swing Trading: A medium-term strategy that aims to capture price swings over days or weeks, relying on market momentum and trend analysis.
High-Frequency Trading (HFT): Uses algorithms and bots to make rapid trades, exploiting small price inefficiencies. This is typically reserved for institutional players due to its complexity and resource requirements3.
The Binance Ecosystem
Binance is one of the largest and most influential players in the crypto space, offering an extensive ecosystem powered by its native token, Binance Coin (BNB).
BNB Chain: Comprises Binance Chain (for fast trading and high throughput) and Binance Smart Chain (BSC), which supports smart contracts and decentralized applications (DApps). BSC is compatible with the Ethereum Virtual Machine (EVM), enabling seamless migration of Ethereum-based projects.
Consensus Mechanism: BSC uses Proof of Staked Authority (PoSA), which combines elements of PoS and Proof of Authority (PoA) for faster and cheaper transactions compared to Ethereum’s PoW.
Tokenomics: BNB has a capped supply, with regular token burns to reduce circulation and help maintain value.
Utility: BNB is used for trading fee discounts, transaction fees, and participation in token sales and DApps within the Binance ecosystem4.
Conclusion
Cryptocurrency and blockchain technology are reshaping finance and digital ownership by enabling secure, transparent, and decentralized transactions. Trading strategies range from active day trading to passive long-term holding, each with distinct risk profiles. The Binance ecosystem stands out for its robust infrastructure, innovative features, and the utility of its BNB token, making it a central hub for crypto trading and decentralized finance345.
#Crypto_Defin
#Understandingcryptomarket
#ExplanationOfTheConcept
$BTC
The world of cryptocurrency and blockchain technology is rapidly evolving, offering both opportunities and challenges for investors, traders, and developers. Below is a comprehensive guide covering the fundamentals of crypto, the mechanics of blockchain, trading strategies, and the unique features of the Binance ecosystem.
Cryptocurrency Basics
Cryptocurrency is decentralized digital money designed for use over the internet. Unlike traditional currencies, cryptocurrencies like Bitcoin and Ethereum are not controlled by governments or banks. Instead, they rely on blockchain technology for security, transparency, and immutability. Every transaction is recorded publicly, making it nearly impossible to manipulate or reverse payments, which helps reduce fraud and increases trust among users51.
Key advantages of cryptocurrencies include:
Global accessibility: No need for currency exchanges or bank account restrictions.
Transparency and privacy: Transactions are public, but personal information is not required.
Security: Blockchain technology and open-source protocols protect against hacking and fraud51.
How Blockchain Works
Blockchain is a decentralized, immutable ledger that securely records, stores, and verifies data across a distributed network of computers (nodes). Each transaction is stored in a block, which is cryptographically linked to the previous block, forming a chronological and tamper-proof chain26.
Key features of blockchain:
Decentralization: No single entity owns the blockchain; control is distributed among all participants2.
Immutability: Once a transaction is recorded, it cannot be altered or deleted, ensuring a transparent and trustworthy record26.
Consensus mechanisms: Transactions are validated by all network nodes before being added to the chain, using protocols like Proof of Work (PoW) or Proof of Stake (PoS)26.
Smart contracts: Self-executing programs that automate and enforce agreements directly on the blockchain2.
Crypto Trading Strategies
Crypto trading offers various strategies tailored to different risk appetites and time commitments:
Day Trading: Involves buying and selling within the same day to capitalize on short-term price fluctuations. Requires constant monitoring and technical analysis.
HODLing: A long-term approach where investors hold assets through market volatility, betting on overall appreciation.
Arbitrage: Profiting from price differences of the same asset across different exchanges. Requires fast execution and efficient fund transfers.
Swing Trading: A medium-term strategy that aims to capture price swings over days or weeks, relying on market momentum and trend analysis.
High-Frequency Trading (HFT): Uses algorithms and bots to make rapid trades, exploiting small price inefficiencies. This is typically reserved for institutional players due to its complexity and resource requirements3.
The Binance Ecosystem
Binance is one of the largest and most influential players in the crypto space, offering an extensive ecosystem powered by its native token, Binance Coin (BNB).
BNB Chain: Comprises Binance Chain (for fast trading and high throughput) and Binance Smart Chain (BSC), which supports smart contracts and decentralized applications (DApps). BSC is compatible with the Ethereum Virtual Machine (EVM), enabling seamless migration of Ethereum-based projects.
Consensus Mechanism: BSC uses Proof of Staked Authority (PoSA), which combines elements of PoS and Proof of Authority (PoA) for faster and cheaper transactions compared to Ethereum’s PoW.
Tokenomics: BNB has a capped supply, with regular token burns to reduce circulation and help maintain value.
Utility: BNB is used for trading fee discounts, transaction fees, and participation in token sales and DApps within the Binance ecosystem4.
Conclusion
Cryptocurrency and blockchain technology are reshaping finance and digital ownership by enabling secure, transparent, and decentralized transactions. Trading strategies range from active day trading to passive long-term holding, each with distinct risk profiles. The Binance ecosystem stands out for its robust infrastructure, innovative features, and the utility of its BNB token, making it a central hub for crypto trading and decentralized finance345.
#Crypto_Defin
#Understandingcryptomarket
#ExplanationOfTheConcept
$BTC
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