Ok, lets take one of the most oversold. HNT can be shorted at MEXC. Now within bear order block with middle around $10. So far no signs of correction coming neither at week nor at day timeframe. Therefore entering short here is not yet justified. In case of breakout will pump higher to 16.5-19.7
For grand correction looking forward 3.2-4.3 zone.
Ok, lets take one of the most oversold. HNT can be shorted at MEXC. Now within bear order block with middle around $10. So far no signs of correction coming neither at week nor at day timeframe. Therefore entering short here is not yet justified. In case of breakout will pump higher to 16.5-19.7
For grand correction looking forward 3.2-4.3 zone.
The seemingly negative pandemic effects and resource/product shortages are encouraging and allowing organizations to innovate and change.The news of cash-rich organizations getting ready for the post-Covid growth economy is a sign of more than capital spending plans. Cash provides a cushion for risk-taking and a tool for growth.
How Does Bitcoin Work?
Bitcoin is built on a distributed digital record called a blockchain. As the name implies, blockchain is a linked body of data, made up of units called blocks that contain information about each and every transaction, including date and time, total value, buyer and seller, and a unique identifying code for each exchange. Entries are strung together in chronological order, creating a digital chain of blocks. “Once a block is added to the blockchain, it becomes accessible to anyone who wishes to view it, acting as a public ledger of cryptocurrency transactions,” says Stacey Harris, consultant for Pelicoin, a network of cryptocurrency ATMs. Blockchain is decentralized, which means it’s not controlled by any one organization. “It’s like a Google Doc that anyone can work on,” says Buchi Okoro, CEO and co-founder of African cryptocurrency exchange Quidax. “Nobody owns it, but anyone who has a link can contribute to it. And as different people update it, your copy also gets updated.”
