• CAKE posted a bearish rising wedge channel pattern and 9% gains after the FOMC announcement.
• PancakeSwap [CAKE] saw an uptick in total value locked (TVL) in the past few days.
• If Bitcoin fails to reclaim the $23.5K zone, bears could continue to devalue CAKE, but bulls could attempt a break above the wedge and aim at $4.722.

PancakeSwap [CAKE] Price Prediction 2023-24

At press time, CAKE traded at $4.305 while Bitcoin [BTC] was below the crucial $23.5K price level. PancakeSwap [CAKE] posted about 9% gains after the FOMC announcement, however its price action in the same period chalked a bearish pattern which could suggest a possible drop in the next few hours/days.

Bearish Rising Wedge Pattern

CAKE formed a rising wedge pattern – a typical bearish formation which means there is high possibility of bearish breakout or price reversal where bears could break below the wedge and settle at $3.845 in the next few hours/days however such drop must break key support levels like $4.236, 26-period EMA, $4.144, and $3.950 so bears should be cautious of these levels as any bullish influence can cause an upswing invalidating this bearish bias towards aiming at $4.722 mark if bulls gain control over the situation with help from BTC price surge above its current level of 23500$.

Total Value Locked (TVL)

PancakeSwap recorded an uptick in TVL in the past few days according to DefiLlama data on January 31st TVL was approximately 2 billion 45 million dollars while now it has risen to 2 billion 57 million dollars at press time which is likely to boost investors’ confidence for native token and may cause an uptrend rally eventually leading towards bullish breakout above mentioned wedge invalidating bearish bias along with increase revenue recorded by CAKE towards end of January and early February will also help bulls gaining confidence if BTC regains 23500$mark or surges above it then convincing bullish breakout for CAKE is likely to happen soon as well increasing investors’ confidence even more than before..

Conclusion

Overall, CAKE’s current structure suggests that bulls have control over its price action as indicated by RSI and OBV readings however bears should still be aware of key support levels like 4236$, 26-period EMA, 4144$ and 3950$ which if broken will confirm bearish breakout towards 3845$ mark while on other hand a convincing bullish breakout can only happen if BTC regains 23500$ level or surges above it confirming investor’s confidence increase once again leading towards upswing rally for CAKE ultimately aiming at 4722$ target successfully invalidating all previous predictions made during this article/discussion as well!

• OANDA has been named Singapore’s #1 crypto broker for client satisfaction in a recent survey.
• This marks the second consecutive year OANDA has received this honor, demonstrating its position as the preferred choice for crypto traders in Singapore.
• OANDA offers a user-friendly interface, advanced tools, and 24/7 customer support to help traders make informed decisions.

OANDA, a leading online trading platform, has been recognized as Singapore’s #1 crypto broker for client satisfaction according to a recent survey conducted by a leading financial news outlet. This is the second consecutive year that OANDA has received this honor, solidifying its position as the go-to choice for crypto traders in Singapore.

The crypto industry has the potential to revolutionize financial transactions by using decentralized currencies such as Bitcoin and Ethereum. Blockchain technology is also believed to have the potential to disrupt a variety of industries, making it an exciting space for investors. Although the crypto industry is still in its early stages, it has significant potential for growth and innovation.

OANDA is at the forefront of the crypto industry in Singapore, providing a robust platform for traders to buy and sell Ethereum and other popular cryptocurrencies. The survey, which evaluated the top crypto brokers in Singapore based on customer service, platform usability, and trading options, found that OANDA provided the best overall trading experience. This is a testament to the hard work and dedication of the OANDA team, who continuously strive to improve the platform and add new features to meet the evolving needs of its clients.

The platform offers a user-friendly interface, advanced tools, and 24/7 customer support to help traders make informed decisions. OANDA also offers a variety of educational resources to help new traders learn more about the crypto industry and develop their trading strategy.

Overall, OANDA’s commitment to providing a top-notch trading experience has made it the go-to choice for crypto traders in Singapore. The platform’s Ethereum trade offering has opened up the crypto market to traders and allowed them to access the second-largest cryptocurrency by market capitalization. With its user-friendly interface, advanced tools, and 24/7 customer support, OANDA is the perfect choice for anyone looking to get involved in the crypto industry.

• Bitcoin investor appetite has resumed, according to multiple indicators.
• Open Interest and the MVRV ratio is on the rise, while the leveraged positions are being liquidated.
• There is still a risk of a potential downside due to the Digital Currency Group and Genesis solvency issue.

The past several weeks have seen a resurgence of investor appetite for Bitcoin (BTC). Numerous indicators have suggested that the cryptocurrency is on its way to another bull run, with open interest, the MVRV ratio, and leveraged positions all pointing in the right direction. However, there is still a risk of a potential downside due to the Digital Currency Group and Genesis solvency.

CryptoQuant’s analysis of the Bitcoin market on 19 January showed that holders of BTC were shifting their coins from the spot to the derivatives market. As this allowed them to tap into leverage, the open interest in the derivatives market has been steadily increasing since the start of the year. While the estimated leverage ratio dropped off in the first half of January, it was starting to rally at press time.

The CryptoQuant analysis also revealed that Bitcoin’s MVRV ratio was attempting to recover above 1. This is a key indicator of the start of an uptrend. This was backed up by the Puell multiple, which has also been steadily increasing in favor of a positive trend.

Despite the positive market signals, there is still a risk of a potential downside. This is due to the issue of Digital Currency Group (DCG) and Genesis solvency, which has been caused by GBTC mismanagement. If there is a large liquidation event as a result of this, it could cause another major selloff and erode BTC’s latest gains. This might be why the Purpose Bitcoin ETF holdings have been offloading its BTC. Additionally, the number of addresses holding more than 1,000 BTC has only increased slightly since the start of January 2021.

Overall, while investor appetite for Bitcoin is starting to pick up again, there is still a risk of a potential downside. Investors should take caution and do their own research before making any decisions.

• Avalanche [AVAX] witnessed a 20% surge in price in the last 10 days.
• Bulls could possibly target the $14.0 supply zone if BTC is bolstered by the US Consumer Price Index (CPI) announcement.
• The Relative Strength Index (RSI) on the daily chart was at 57, showing buying pressure has increased steadily in the past 10 days.

Over the past 10 days, Avalanche [AVAX] has seen a tremendous surge in price, shooting up from $10.85 to $12.97 and currently trading at $12.53. This 20% rise has been fuelled by the increased demand in the derivatives market, which has kept the bulls in full confidence. Moreover, with the US Consumer Price Index (CPI) announcement set for January 12, the Bitcoin market could be bolstered, which could further fuel the AVAX rally.

On the daily chart, the Relative Strength Index (RSI) is currently at 57, indicating a considerable level above the 50-midpoint. This shows that buying pressure has increased steadily over the last 10 days, giving the bulls the upper hand. This could help the AVAX bulls to push the price above the $12.97 level, and if successful, the $14.0 supply zone would be the next target. However, if the bulls do manage to reach the supply zone, they will be met with intense opposition from the sellers. Therefore, investors with diamond hands could wait and sell off at this zone to maximize their profits.

On the other hand, if the BTC fails to break above the $17.50K mark, then the AVAX bulls could find it difficult to push the price above the supply zone. Therefore, it is essential to keep an eye on the BTC market, as it could be the deciding factor in the AVAX price rally.

• Indonesia plans to launch a crypto exchange in 2023.
• The country is shifting the regulatory oversight over crypto to the Financial Services Authority.
• The shift in regulatory authorities will affect the 383 crypto assets and 10 local coins currently available in Indonesia.

As the world continues to evolve, so does the financial sector, and Indonesia is no exception. In 2023, the country is set to launch its own crypto exchange, marking a major shift in the country’s crypto industry.

The shift in regulatory oversight of crypto to the Financial Services Authority (FSA) signals a move away from the current Commodity Futures Trading Regulatory Agency (Bappebti), which has been in charge of crypto assets for several years. Didid Noordiatmoko, the acting head of Bappebti, stated that the FSA will assume regulatory power over crypto assets from the commodities agency over the next two years.

In addition to the launch of the exchange, the FSA will also be responsible for the 383 crypto assets and 10 local coins which are currently available in Indonesia. Bappebti is currently reviewing another 151 assets and 10 local coins. The country has 16 million crypto investors, with more rushing in despite an industry-wide downturn.

The shift in regulatory authorities is expected to have a positive impact on the crypto industry in Indonesia. An official from Indonesia’s Ministry of Finance stated that the shift of regulatory power from commodities to securities agency was warranted due to the status of crypto assets as investment vehicles. He added: „In fact, crypto assets have become investment and financial instruments, so they need to be regulated on an equal basis with other financial and investment instruments.“

The launch of the crypto exchange in 2023 is set to usher in a new era of growth and development within the Indonesian crypto industry. With the new regulations in place, the country hopes to create a safe and secure environment for the trading of crypto assets. It is also hoped that the exchange will bring much needed liquidity and stability to the market, as well as provide investors with a greater range of options when it comes to investing in crypto.

• Bitcoin [BTC]’s Coin Days Destroyed (CDD) metric could indicate volatility rather than a sell signal.
• The $15,000 price mark could be the price bottom for the leading coin, Bitcoin, as it might log a regular bullish divergence marked by a period of low trading volume and an oversold Relative Strength Index (RSI).
• CryptoQuant analysts believe that the current SOPR MA30 value of 0.54 could act as a bear market bottom indicator.

Bitcoin [BTC] continues to be the leading crypto asset in the world and is widely considered as the industry’s benchmark. As such, traders and investors in the crypto space always keep an eye on its movements. Recently, CryptoQuant analysts have pointed out that the $15,000 price mark could be a good price bottom for BTC.

The Coin Days Destroyed (CDD) metric is often used by traders to assess the movements of long-held coins on the BTC network. This metric is also interpreted as a sell signal. However, Nakju, a CryptoQuant analyst, believes that the CDD metric could also represent volatility rather than just be used to assess the proper time to sell. Nakju believes that a further decline to the $15,000 price range could mark the price bottom for the leading coin. He believes that the price range could be a good example of when BTC would typically log a regular bullish divergence marked by a period of low trading volume and an oversold Relative Strength Index (RSI). The analyst believes that trend reversals „of any asset occurs when the volume of transactions is small“.

On the other hand, another CryptoQuant analyst, Onchain Edge, has found that the current value of the king coin’s SOPR MA30 was 0.54. This was while assessing BTC’s Spent Output Profit Ratio (SOPR) on a 30-day moving average. According to Onchain Edge, the current SOPR level acted as a bear market bottom indicator in previous bear cycles in 2012, 2014, and 2018. Furthermore, Onchain Edge recommended using dollar cost averaging (DCA) and setting trailing stop losses to potentially maximize gains.

In conclusion, the $15,000 price mark could be a good price bottom for BTC. CryptoQuant analysts believe that the current SOPR MA30 value of 0.54 could act as a bear market bottom indicator. Furthermore, considering the CDD metric indicates volatility rather than a sell signal, the price range could be a good example of when BTC would typically log a regular bullish divergence marked by a period of low trading volume and an oversold Relative Strength Index (RSI). Therefore, investors should use this opportunity to potentially maximize gains.

• Polygon [MATIC] had an impressive TVL of close to $1 billion.
• Despite the potential of its collaborations with well-known companies, its native token MATIC did not benefit.
• MATIC had increased by 3% in the past 48 hours, but had lost over 70% of its worth since the beginning of 2022.

Polygon has been making waves in the DeFi space in recent months, with its Total Value Locked (TVL) standing close to $1 billion. This is a remarkable feat for a relatively new platform, and puts it ahead of its closest rivals, Avalanche [AVAX] and Solana [SOL]. Although the TVL has been on a downward trend in recent months, it is still higher than that of its rivals.

In addition to its impressive TVL, Polygon has also been collaborating with several well-known companies, such as Meta, Reddit, and Starbucks. This is a significant development, as it shows that Polygon is being taken seriously by the broader industry. However, despite this, its native token, MATIC, has not enjoyed the same level of success.

At the time of writing, MATIC had increased by about 3% over the previous 48 hours. However, this is a small gain when compared to the losses it has incurred since the beginning of the year. According to the price range tool, over 70% of MATIC’s worth has been lost since January.

Despite the lack of success for MATIC, Polygon is still well-positioned for the future. It has a strong TVL and the potential of further collaboration with other well-known companies. It also has a vibrant community, with the MATIC token being one of the most popular in the DeFi space. For these reasons, Polygon is expected to have an intriguing 2022, with potential for further growth and development.

Wenn man diese Wörter in eine Suchmaschine eingibt, kann man auf einige lustige Artikel und Blogbeiträge stoßen. Die meisten von ihnen weisen darauf hin, dass der Bau von flachen Kastenmöbeln wie denen von IKEA süchtig machen kann. Die Antworten reichen von „Du brauchst ein Zwölf-Schritte-Programm“ bis hin zu „Das ist schon in Ordnung, du kannst sie immer verkaufen“.

Sie weisen auf etwas hin, das vor dem Kauf eines solchen Möbelstücks bedacht werden sollte. Vor dem Kauf eines Selbstbaumöbels muss man wissen, worauf man sich einlässt. Hier sind ein paar Tipps.

Fertigkeitsniveau

Wie gut sind Ihre Werkzeugkenntnisse? Wie gewandt sind Ihre Hände? Wenn du einen Schraubenzieher mit flacher Klinge nicht von einem Phillip-Kopf unterscheiden kannst, hast du vielleicht ein Problem. In diesem Fall hat IKEA einen Plan für dich. Sie haben Leute im Geschäft, die es für dich bauen.

Anleitung

Bitte sieh sie dir an. Man kann sie nicht lesen, weil sie wortlos ist, aber das heißt nicht, dass man sie nicht lesen muss. Wenn sie nicht klar ist, gibt es eine Menge Youtube-Videos, die zeigen, wie man das Teil zusammenbaut. Wenn du das vor dem Zusammenbau tust, erhöht sich die Wahrscheinlichkeit, dass du am Ende ein brauchbares Möbelstück hast.

Legen Sie es aus

Sie brauchen eine saubere Oberfläche, um die Teile auszulegen. Orientieren Sie sich dabei an der Anleitung, denn sie zeigt, welches Teil wohin und in welche Richtung gehört. Das Furnier der Möbel kann während des Zusammenbaus zerkratzt oder abgeplatzt werden. Verwenden Sie daher einen sauberen Teppich, ein Abdecktuch oder den Karton, in dem die Möbel geliefert wurden.

Prüfen Sie die Teile

Ist etwas davon kaputt? Haben Sie alles dabei? Wenn nicht, wende dich an IKEA. Sie können entweder eine Rückerstattung oder einen Ersatz anbieten. Wenn du das Projekt zur Hälfte durchführst und feststellst, dass die wichtigsten Schrauben fehlen, ist das ein Problem, und kaputte Möbel sind nicht nur hässlich, sondern auch gefährlich.

Werkzeuge

Sie werden wahrscheinlich welche brauchen, auch wenn es heißt, dass keine benötigt werden. Das stundenlange Eindrehen von Schrauben in die Möbel wird zu wunden Fingern und Handgelenken führen. Mit einer Bohrmaschine geht es viel schneller. Um sicherzustellen, dass die Möbel waagerecht stehen, brauchen Sie entweder eine Laser- oder eine Wasserwaage, um dies zu überprüfen. Ein schräg stehender Esstisch ist nicht gerade ideal, um das Geschirr auf dem Tisch zu halten. Auch ein Hammer ist nützlich.

Einen Sitz erzwingen

Das ist keine gute Idee. Vergewissern Sie sich zunächst, dass die Teile auch wirklich zusammenpassen sollen. Es ist fast unmöglich, die kleinen Holzstifte wieder zu entfernen, wenn sie einmal eingesteckt sind. Es ist möglich, dass die Teile ein wenig voneinander abweichen, aber es ist ratsam, sich zu vergewissern, dass die Teile richtig zusammengesetzt werden.

Lassen Sie sich helfen

Ja, eine Person kann es tun, aber es geht besser und schneller, wenn mindestens zwei Personen dabei sind, besonders bei komplizierteren Projekten. Wenn man zum Beispiel eine Kommode zusammenbaut, kann eine Person die Kommode und eine andere die Schubladen machen. Wenn etwas Schweres gehoben werden muss, kann das ein Projekt für zwei Personen sein.