GEMHUNTER

Technology sharing -🐑Yang Moumou, (ken) TRADER

CFX-USDT

Reason: Hong Kong's hot spots have subsided, and the market has gained about 16 times from bottom to high. We will continue to pay attention to the follow-up benefits.

The current price fell from the high point in the form of a double M head + head and shoulders top, and then a rectangular + head and shoulders bottom relay pattern appeared. The right shoulder was unable to rise and then fell.

The overall market fluctuations are small, the market is weak, and the bottom of the pullback rectangle is short.

We are not considering going long at the moment (for long 1, pay attention to whether there is a market trend in the 0.113-0.17 range. 2 is good for a strong break through the downward channel and stand on the 0.252 price)

The most complete guide: Gridex, the first decentralized order book protocol on ETH, teamed up with Arbitrum to launch the second round of 2 million GDX airdrops. Gridex’s first round of 4 million GDX airdrops just ended on February 14, with 100,000 addresses quickly transferred within 20 hours. All claims were sold out. 10 days later, Gridex officially announced the rules for the second round of airdrop of 2 million GDX on February 24. This airdrop will last for 10 days, with 200,000 GDX per day. Everyone is eligible to participate. Are you ready? Ok? This airdrop means that Gridex and D5 Exchange will be the first to support the Arbitrum network, starting from the Arbitrum ecosystem and officially becoming the first fully decentralized trading protocol based on the order book mechanism on Ethereum. At the same time, the Gridex code has been audited by Certik, so everyone can interact with peace of mind! Introduction to Gridex Gridex protocol uses the self-developed Grid Maker Order Book (GMOB) mechanism and Grid Price Linear Movement (GPLM) algorithm to solve the high cost problem of introducing CEX's matching algorithm based on the matching engine into the chain and the traditional DEX based on AMM. It aims to provide users with a CEX-like smooth trading experience while ensuring the on-chain transparency of user assets. Official website | Twitter | Discord | Audit Introduction to D5 Exchange As the first fully decentralized exchange developed based on the Gridex trading protocol, D5 Exchange attracts liquidity through the novel Maker Order and also aggregates Uniswap and Curve as external liquidity. Provide traders with the best trading exchange rate, low gas consumption, high pending order incentives and other mechanisms. Official website | Twitter | Discord Detailed explanation of the rules for this round of 2 million GDX airdrops Event official website details page: https://airdrop.gdx.org/ Event time: March 1, 2023 00:00:00 UTC - March 2023 Conditions for receiving the reward at 23:59:59 UTC on the 10th (Important!! You must meet the following 4 conditions at the same time to receive the reward!!): 1) Place an order through d5.xyz/trades on the Arbitrum One main network during the event; 2) Place an order on the trading pair Requirements: ETH/USDC, that is, placing ETH sell or buy orders; 3) Grid setting requirements for pending orders: 0.05% Grid; 4) Only fully completed Maker orders can receive the airdrop reward on the day. How to receive the airdrop: 1) Ensure that the wallet has two digital assets, ETH and USDC, on the Arbitrum main network; through the Ethereum-Arbitrum One cross-chain bridge: https://bridge.arbitrum.io/ Transfer directly through centralized exchanges that support transfers to the Arbitrum network: Binance, Bitget, Bybit, Crypto.com, Houbi, Kucoin, MEXC, OKX; Purchase directly through trading platforms that support the purchase of Arbitrum network assets: Banxa, CryptoRefills, FluidFi, Mt Pelerin, Ramp, SImplex, Transak, Wirex. 2) Enter: d5.xyz/trades 3) Connect the wallet and switch to the Arbitrum One mainnet 4) Place a buy or sell order for ETH against USDC and wait for the transaction. Please read this article for how to place an order on D5: "D5 Testnet Usage Tutorial" 5) After the transaction is completed, you need to manually collect the trading assets and the transaction fees obtained. You can connect to the wallet on the Gridex airdrop page to view the airdrop rewards the next day. Detailed explanation of the reward rules (some are complicated, you can just look at the example): Pending order reward calculation formula: [M'C' / ∑ (MC)]* T Order amount: M Order coefficient: C The time from the order placement to the completion of all transactions/ Minutes (rounded): N Total rewards for this trading pair during the activity time: T Among them, the order coefficient C is calculated as follows: When N<span C=N^3; When 1060, C=3500+ (N- 60) If the pending order is not fully filled within this day, or is canceled, then C = 0. *That is, under the premise that the reward T remains unchanged, the greater the proportion of the value of a certain pending order M'C' that meets the requirements to the total MC value of all pending orders, the more rewards will be obtained; *200,000 GDX is used for daily use The fully completed ETH/USDC trading pair will be rewarded. Buying and selling orders will each account for 50% of the total reward, that is, a fully completed ETH sell order will share 100,000 GDX, and a fully completed ETH buy order will share 100,000 GDX. Example 1: Assume that all ETH buy orders that occurred from 00:00:00 to 23:59:59 UTC on March 1 are as follows: Alice places a buy order for 1 ETH at 1:00:00 UTC on March 1, with a price of 1600 USDC , the buy order was fully filled at 1:10:00 UTC; Bob placed a buy order for 2 ETH at 1:00:00 UTC on March 1 at a price of 1,600 USDC, and the buy order was fully filled at 1:20:00 UTC. It can be seen that for Alice: M=1600 USDC N=10, then C=10^3=1000 MC=1600 * 1000=1,600,000 For Bob: M=2*1600 USDC=3200 USDC N=20, then C =1100 MC=3200 * 1100=3,520,000 T=100,000 Then the reward available to Alice=1,600,000/(1,600,000+3,520,000)*100,000=31,250 Correspondingly, the reward available to Bob=3,520,000/(1,600,000+3,5 20,000)*100,000=68,750 The calculation results: 31,250+68,750=100,000. That is, Alice and Bob respectively shared all 100,000 GDX rewards for ETH purchases on that day according to the above rules. Example 2: Assume that all ETH buy orders that occurred from 00:00:00 to 23:59:59 UTC on March 1 are as follows: Alice places a buy order for 1 ETH at 1:00:00 UTC on March 1, with a price of 1600 USDC , the buy order was only traded for 0.5ETH at 1:10:00 UTC; the remaining 0.5ETH was regarded as a new buy order at 00:00:00 UTC on March 2, and was fully traded at 00:10:00 UTC on that day. Bob placed a buy order for 2 ETH at 1:00:00 UTC on March 1 at a price of 1,600 USDC. The buy order was fully executed at 1:20:00 UTC. It can be seen that for Alice, the pending order was not fully completed on March 1, so she did not participate in sharing the rewards on that day. Therefore, Bob will receive all the rewards for the 100,000 GDX for ETH purchase orders on that day.

First of all, let me give you a clue. The trading community is divided into two types of people. This is a subjective ideology, divided into strong traders and weak traders. This way everyone will easily understand our series of articles. Okay. Without further ado, let’s get started.

Powerful groups in the market and their performance:

Strong people are usually people who don't allow themselves to fall into a disadvantageous trading position. For example, deep hold-up. They will always be on the right side of the market.

Strong groups have great faith in their trading plans. Your confidence in your trading plan will not be shaken by local violent fluctuations. For example, once the conditions for fund-raising are met, they will not be affected by subsequent shocks and change their judgment on fund-raising. Or not get involved at or near the top of the market. Strong groups are strong because they trade in the right direction of the market.

BTC-USDT-4H level: Heavy volume stops falling and a pinbar appears at the same time, go long.

Trading Plan: 10% Position: 7 X Leverage

Reason for trading: Long Entry: 22832.4

Stop loss: 22312.1

Take profit: TP1: 23609.3

TP2:24135.5

TP3:25276.7

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