Mitech Xrypto

NFTs Can Be Considered Property, According to Singapore High Court Ruling

Justice Lee Seiu Kin ruled Friday that NFTs meet certain legal requirements to be considered property, such as being distinguishable from other similar assets and having an owner who can be recognized by third parties.

The judge issued this ruling as an explanation for the injunction he granted in May preventing any potential sale of a Bored Ape NFT.

| Source

Follow👉

Trade-Lesson 📑📩🔥🔥🔥

Definition of an Order Block, it is the last Bullish candle before a bearish move and vice versa.

How to identify and validate if an OB has any significance

1. For an OB to be valid look for an impulse (candles with momentum) move which Breaks previous structure

2. Look for Imbalance in price (difference between the Highs & lows between OB candle and the OB Candle + 2 candle) which needs to be mitigated

LTF should be logically selected, if HTF is daily don't select LTF as 1 min/3min/5min. LTF should be Hourly at least to look for a BOS for trade entry or a 30 min for risky entry

Other OB & SMC experts can add to this if needed

Basic sense is don't just buy at an OB, wait for price to confirm the validity of the OB & most importantly the rule "Trend is your Friend"

If buying Contra, (buying directly at OB) buy small quantity so that later trade can be taken as per above rules when price confirms

Follow 👉MiTECH Xrypto]
Follow 👉MiTECH Xrypto]