#cplusplus
Monad is a fast, scalable Layer 1 blockchain fully compatible with Ethereum's EVM, allowing you to run Ethereum smart contracts without changes. It improves speed by separating consensus (agreement on transaction order) from execution (processing transactions), enabling parallel transaction execution and reaching 10,000 transactions per second with 1-second finality. Monad uses a custom EVM and a special database (MonadDb) optimized for parallel state access, reducing delays. This means you get much faster, cheaper transactions while keeping Ethereum compatibility, making it easier for developers and users to adopt and benefit from high performance and scalability.
https://github.com/category-labs/monad
#ALPHA/USDT analysis :
#ALPHA is currently in an uptrend, forming higher highs (HHs) and higher lows (HLs). The price has retraced to a support zone, and a bounce back is anticipated, with expectations to test previous highs.
TF : 1D
Entry : $0.0870
Target : $0.1340
SL : $0.0674
#ALPHA/USDT analysis :
#ALPHA is presently in a downtrend, trading below the 200 EMA. The price is establishing a pattern of lower lows and lower highs. Currently, it encounters resistance near the 200 EMA, indicating a possible continuation of its bearish trend and a retest of previous lows.
TF : 4h
Entry : $0.0558
Target : $0.0520
SL : $0.0584
Custom Signal: Combination of
👉 Double Bottom
👉 Bollinger Breakout
👉 Trend Line Breakout
We expect the price goes up after double bottom but we can’t trade by using only double bottom pattern. We look for another bullish moves like bollinger or trend line breakout.
What if double bottom, Trend Line Breakout and Bollinger Breakout occur for any asset and it’s price hasn’t risen yet
Bingo !!
#ALPHA did 15% in just 3 hours 👌
Just check the chart, let’s create custom signal