Trend-Line Support Trading Idea On BtcUsdt

Trend-Line Support Trading Idea Btc/Usdt(2022).

Wondering if Trend-Line Support Trading Idea on Btc/Usdt pair will bounce off the support level and continue its original trend which may possibly make a higher or break the support level and sell tremendously? Read through the post to get an insight into the next move of the cryptocurrency pair.

Economic Events On BTC

Block Reward Halving:

As part of Bitcoin’s coin issuance, Bitcoin miners are rewarded a certain specified amount of bitcoins specifically when a block is produced (approximately every 10 minutes). When Bitcoin first started, 50 Bitcoins per block were given as a reward to miners after every 210,000 blocks are mined (approximately every 4 years).

Trend-Line Support Trading Idea On Btc/Usdt Daily Line Chart
BTC/USDT Analysis by Chikwem Chinedu Ogugua on Liquiditytradeideas

The block reward halves and will repeatedly keep on halving until the block reward per block becomes 0 (approximately by the year 2140). As of now, the block reward is 6.25 coins per block and will decrease to 3.125 coins per block post halving.

Bitcoin was initially designed as a deflationary currency. Like gold, the premise is that over time, the issuance of bitcoins will likely decrease and thus become scarcer over time.

Market Cap
$793,021,008,773
₿18,925,468
24 Hour Trading Vol
$28,002,394,638
₿668,779
24h Low
$39,692
₿1
24h High
$42,415
₿1
Circulating Supply
18,925,468
Total Supply
21,000,000
All-Time High
$69,045 -39.27521%
₿1.003301
All Time Low
$67.81 61731.45274%
₿0.9989513

As bitcoins become scarcer while the demand for them increases over time, Bitcoin can be used as a hedge against inflation as the price, guided if price equilibrium is bound to increase.

Moreover, on the flip side, fiat currencies (like the US dollar, and Great Britain Pounds), inflate over time as their monetary supply increases, which may lead to a decrease in purchasing power.

This is basically known as monetary debasement by inflation. A simple example would be to compare housing prices decades ago to now and you’ll notice that they’ve intensively increased over time!

 Trend-Line Support Trading Idea On Btc/Usdt Daily Candle Chart
BTC/USDT Analysis by Chikwem Chinedu Ogugua on Liquiditytradeideas

Conclusion

From our daily chart, we can closely observe that Btc/Usdt cryptocurrency pair is currently trading around the support of the trend-line. This implies that the cryptocurrency pair will likely bounce off and continue its original up trend or sell tremendously As per upcoming economic events which may serve as catalysts, Investors and retail traders are paying attention closely

Additionally with the help of our stochastic indicator whose SMA is currently an oversold level indicates that Btc/Usdt pair is oversold, this is an additional confluence on Trend-Line Support Trading via Idea Btc/Usdt that pair may bounce off only if the daily candle closes above 40k and above 0.168 Fibonacci retracement level and However may also sell if the daily candle closes below 40k and below 0.786 Fibonacci retracement level.

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Bitcoin To Make A Massive Move ($80,000 or More).

Bitcoin is the first successful internet money based on peer-to-peer technology, by which no national bank or authority is engaged with the exchange and creation of Bitcoin money.

It was made by a mysterious individual/bunch under the name, Satoshi Nakamoto. The source code is accessible freely as an open source project, anyone can take a gander at it and be important for the formative cycle.

Bitcoin

Bitcoin is changing the manner in which we consider cash to be we talk. The thought was to deliver a method for trade, autonomous of any focal position, that could be moved electronically in a solid, irrefutable, and permanent way.

It is a decentralized shared web cash making portable installment simple, exceptionally low exchange expenses, ensures your personality, and it works anyplace constantly with no focal power and banks.

Bitcoin is intended to have just 21 million BTC at any point made, in this manner making it deflationary currency. Bitcoin utilizes the SHA-256 hashing calculation with a normal exchange affirmation season of 10 minutes.

Diggers today are mining Bitcoin utilizing ASIC chips committed to just mining Bitcoin, and the hash rate has shot up to PETA hashes. Being the primary fruitful web-based cryptography cash, Bitcoin has enlivened other elective monetary forms like Lite-coin, Peer-coin, Prime-coin, etc.

The digital currency then, at that point, took off with the advancement of the truing-complete shrewd agreement by Ethereum which prompted the improvement of other astonishing tasks like EOS, Tron, and even crypt-collectibles like CryptoKitties.

Market Cap
$1,177,912,230,889
₿18,863,175
24 Hour Trading Vol
$35,650,765,042
₿570,553
All Time Low
$67.81 92007.11733%
₿0.9989513
Circulating Supply
18,863,175
Total Supply
21,000,000
All-Time High
$67,277 -7.16425%
₿1.003301
BITCOIN Daily Market Chart
BITCOIN Daily Market Chart

Economic Event on BTC

Taproot Activation:

This opens up additional opportunities for protection, multi-signature wallets, and security just as scaling.

Taproot, the main improvement to Bitcoin’s convention in years, presently has sufficient mining backing to secure enactment.

As per the boundaries put forth by “Expedient Trial,” if essentially 90% of the squares mined in any of the assigned fourteen-day trouble periods “signal” their help for the redesign, then, at that point, the initiation cycle can start.

To be more exact: 1,815 out of 2,016 squares mined inside a period need to incorporate a little piece of encoded data that demonstrates that the diggers who mined those squares are supportive of the redesign.

During this second trouble period, at block 687284, that benchmark was met. When the trouble time frame closes on Sunday, it is possible Taproot will have secured with more than almost 100% of squares flagging conclusively in support of its.

Taproot is Bitcoin’s most expected redesign since Segregated Witness (SegWit) in 2017. Though the principal focal point of SegWit was scaling the Bitcoin convention, Taproot will equip Bitcoin with another mark plot known as Schnorr marks.

This little acclimation to the Bitcoin code opens up additional opportunities for protection, multi-signature wallets, and security, just as scaling.

Pair Observation

Pair on the 4 Hour time frame breaks the formation of a Bull Flag, A technical chart pattern diagrammed with two falling trend lines, One at the resistance and the other at the support.

BITCOIN Analysis by Chikwem Chinedu Ogugua on Liquiditytradeideas

It is separated by a brief consolidating retracement period, speculated by technical traders and analysts to be a bullish continuation chart pattern.

Conclusion

This illustrates that there is still support in the market although the unwinding of some large long positions and traders entering short positions looking for a reversal forces the price to drift in a downwards direction.

Precisely the market broke the of chart pattern and is currently consolidating though it is speculated to continue the upward move and Hit $80,000 on or before the end of December(Q4) 2021.

What are your thoughts on this trading idea? we’ll love to hear from you, pls let us know what you think in the comment session or our community forum thanks.

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Solana(SOL) Crypto To Hit $400 Before The End Of Q4

Solana(SOL) is an exceptionally useful open source project that banks on blockchain innovation’s permission-less nature to give decentralized money (Defi) arrangements.

Solana(SOL)

While the thought and beginning work on the venture started in 2017, Solana was formally dispatched in March 2020 by the Solana Foundation with a base camp in Geneva, Switzerland.

The Solana convention is intended to work with decentralized application (DApp) creation. It means to further develop versatility by presenting a proof-of-history (PoH) agreement joined with the fundamental verification of stake (PoS) agreement of the blockchain.

Due to the creative half-breed agreement model, Solana appreciates the interest from modest brokers and institutional dealers the same. A critical concentration for the Solana Foundation is to make decentralized money open for a bigger scope.

SOLANA(SOL)/USDT

 SOLANA(SOL)/USDT Daily Chart
SOL/USDT Analysis by Chikwem Chinedu Ogugua on Liquiditytradeideas
Market Cap
$59,029,986,937
₿946,702
All-Time High
$219.05 -10.79792%
₿0.004608
24 Hour Trading Vol
$1,713,039,504
₿27,456

All Time Low
$0.500801 38916.071%
₿0.0000455
Total Supply
488,630,611
Circulating Supply
301,231,079

The Solana convention is expected to serve both modest clients and undertaking clients the same. One of Solana’s fundamental vows to clients is that they won’t be amazed by expanded charges and expenses.

The convention is planned so as to have low exchange costs while yet ensuring adaptability and quick handling.

SOLANA/USD

 SOLANA/USD Daily Chart
SOLANA/USD Analysis by Chikwem Chinedu Ogugua on Liquiditytradeideas

TOKEN2049 is uniting driving chiefs, authors, and thought pioneers to highlight the most recent development of cryptographic money and blockchain innovation.

Specialists from everywhere over the globe join to share their perspectives available while participants gain from the business’ top pioneers and trailblazers.

​Meet the early adherents, developers, and assessment pioneers at TOKEN2049, held in two worldwide market focal points: Singapore and London.

Joined with the longstanding expert skill makers Anatoly Yakovenko and Greg Fitzgerald bring to the venture, Solana is positioned number 7 in the CoinMarketCap positioning as of September 2021.

Conclusion

TOKEN2049 is joining business visionaries, financial backers, engineers, industry devotees, and worldwide media – and makes unmatched systems administration potential.


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Theta Crypto About To Surge, Right Time To Buy “Invest”.

Theta crypto network is a decentralized video real-time network that is fueled by blockchain innovation. permits clients to watch video content and get remunerated with tokens as they share their web transmission capacity and register assets on a distributed (P2P) premise.

 Theta Network(THETA)

Other than a line-up of institutional financial backers like Node Capital and DHVC, it is exhorted by Steve Chen, a prime supporter of YouTube, and Justin Kan, a fellow benefactor of Twitch.

The video web-based features on Theta depend on a disseminated organization of clients who willfully contribute their extra data transmission and processing assets to run Theta’s framework, as a trade-off for the Theta Fuel (TFuel) reward.

This runs on a changed verification of-stake agreement component as it has a novel multi-Byzantine Fault Tolerance (BFT) which joins an advisory group of 20-30 Validator hubs with a second after the fact of thousands of Guardian hubs.

This demonstrates to accelerate endorsements and is quicker than conventional verification of work organizations. Theta’s multi-BFT configuration accomplishes a good overall arrangement between consistency, speed, and decentralization.

THETA/USDT

THETA/USDT Analysis by Chikwem Chinedu Ogugua on Liquiditytradeideas

Firstly pair surged up earlier during the first Quarter(Q1) 2021 and made a peak Formation High ‘All Time High’ $15.72 -50.84797%, ₿0.0002786. When the Q1 ended From the start of the second quarter it then rallied down making lower lows and Higher lows, Market has been unstable during this period.

Market Cap:

$7,720,075,987
₿125,611

Circulating Supply:

1,000,000,000

24-Hour Trading Vol:

$551,902,460
₿8,978

Total Supply:

1,000,000,000

THETA/BNB

THETA/BNB Analysis by Chikwem Chinedu Ogugua on Liquiditytradeideas

However pair has been testing the falling trend-line and on the support zone thrice which is a confirmation that the pair will breakout and surge up, this is also the perfect time for investors to buy.

Theta Q4 2021 Road Map

A beta of Edge Storage / IPFS integration

v2 Advanced Smart contract developer platform

As usual, with additional improvements, this guide can change over the long run and yet again focus on, however, a decent impression of how our advancement group anticipates that the year should unfurl.

Conclusion

As Theta people group projects create, assets might be moved to help those just as we are hoping to subsidize and help the advancement of these environmental projects through the Theta Hackathon and in any case. Stay tuned for additional reports on these and other Theta drives coming!

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Crypto : GALA/USDT To Massively Surge(+500%).

Gala/Usdt pair spotted on the formation of a bullish pennant, Will the pair break the resistance and shoot up or break the support and rally down? Read through to find out more.

Gala(GALA)/USDT

It is designed to power the It’s Games ecosystem to support gaming re-imagined to profit founders and players, similarly.
The Games aims to require the gaming industry in a different direction by giving players back control over their games. The Games’ mission is to form “blockchain games you ’ll want to play.”

The design wants to alter the very fact that players can spend many dollars in-game worth, and in-numerous hours spent playing the game, which could be taken away from them with the click of a button.

It is intended to introduce creative thinking into games by giving players control of the games and in-game worth with the help of blockchain technology.

Market Cap
44,886,352
₿10,461
Circulating Supply
7,542,496,572
24 Hour Trading Vol
$111,739,540
₿1,809
Total Supply
35,797,743,803

Pair Observation

Gala/usdt pair after a sharp upward move pair from the start of the third quarter(Q3) has been making lower highs and higher lows.

The market structure happens to be a chart pattern known as a bullish pennant diagrammed with two converging trend lines one at the resistance and the other at the support connecting the higher lows.

GALA/USDT

 GALA/USDT4 hour Crypto Chart
GALA/USDT Analysis by Chikwem Chinedu Ogugua on Liquiditytradeideas

Conclusion

The stochastic indicator that measures and shows displays that sellers are exhausted, this may result in a resistance trend line break if buyers set in.

it’s a long-term buy setup as the pair may trade in a range before it breaks the resistance and then surges massively to around 500% or more.

Gala(GALA)/BNB

Pair tends to be in the formation of a falling wedge diagrammed as two converging falling trend lines, one at the top connecting the higher lows and the other at the bottom connecting the lower lows.

This is considered by technical traders/ investors as a bullish continuation pattern.

GALA/BNB

GALA/BNB 4 hour Crypto Chart
GALA/BNB Analysis by Chikwem Chinedu Ogugua on Liquiditytradeideas

Conclusion

With the help of stochastic technical indicator, the SMA’s is spotted to be heading off the oversold level which signals that sellers are exhausted and buyers are setting in gradually.

It’s a buy ‘long’ bias and is expected that the Gala/Bnb pair will shoot up once the price breaks and closes above the resistance trend-line of the wedge pattern at price level 0.00020000 with good bullish momentum.

Although our recent crypto-currency analysis moved ad speculated, what are your opinions on this crypto idea? we’ll love to hear from you, kindly drop your suggestion in the comment session below or in our forum

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5 Crypto Currencies Under $1 Worth Buying In October 2021

Listed below are the Top 5 Crypto Currencies Under $1 Worth Investing In for massive Promising Returns In October 2021..

VeThor Token(VTHO)

VeThor is one of the tokens which is employed by the VeChain Thor block chain. The token was originally launched in 2015 which later went through a heavy rebranding process in 2018.

While VeChain Token is the native tokens for its platform, VeThor Token (VTHO) plays an essential role in the overall functionality of the block chain technology.

The VeThor Token may be a notable Standard coin, which represents the value of using the VeChainThor block chain. Its primary purpose is to enhance processes, deals and activities on the block chain, and it basically represents the smart contract tier of the network.

Market Cap:

$393,839,390
₿6,503

24 Hour Trading Vol:

$25,227,472
₿412.323

Circulating Supply:

41,212,281,571

Vethor/Usdt Pair Observation

VeThor Token(VTHO) pair is currently consolidating on the resistance zone this may attract buyers resulting to a momentous breakuout .

Nervos Network(CKB)

Nervos(ckb) is a layered crypto- thrift network. it uniquely separates the structure of a crypto- thrift into two layers a verification level ( level 1) that serves as a trust root and smart custodian, and a generation level ( level 2) for high- performance deals and sequestration protection.

This basically provides an overview of the Nervos Common Knowledge Base (CKB), a public permissionless blockchain and level 1 of Nervos. CKB uniquely generates trust and extends this trust to upper levels, making it a trust network.

Moreover possesses the value to store of the Nervos network, furnishing public, secure and suppression-resistant custodianship services for fortune, personalities and other common knowledge created in the network.

The Nervos Common Knowledge Base (Nervos CKB for short) is a preservation concentrated,” Store of fortune “block chain and Architecturally it’s designed to smart support on- chain state and off- chain calculations,

Economically it’s designed to give sustainable security and decentralization. Nervos CKB is the base level of the overall Nervos Network.

Market Cap:

$520,117,585
₿8,363

24 Hour Trading Vol:

$97,010,439
₿1,565

24h Low:

$0.0159575
₿3e-7

24h High:

$0.019357
₿3e-7

Circulating Supply:

28,248,004,692

Nervos/Usdt Pair Observation

5 Crypto Currencies Under $1 Worth Buying In October 2021
Nervos/Usdt Analysis by Chikwem Chinedu Ogugua on Liquiditytradeideas

This pair is on a consolidation part after a swing high, pair heading to the resistance zone which may pull-back and retest the support zone 0.01000 before a bullish breakout/rally.

Akita Inu(AKITA)

100 decentralized community trial with it claims that1/2 the altcoin have been transferred to Vitalik Buterin and the other half were locked to a Uniswap pool and the keys burned.

24 Hour Trading Vol:

$19,660,750
₿316.06

24h Low:

$0.0000022
₿0

24h High:

$0.0000025
₿0

Total Supply:

100,000,000,000,000

Akita/Usdt Pair Observation

5 Crypto Currencies Under $1 Worth Buying In October 2021
Akita/Usdt Analysis by Chikwem Chinedu Ogugua on Liquiditytradeideas

The pair from the chart above is in range bound and has tested the resistance zone though may pull back and hit the mini broken support zone before breaking out..

SwiftCash(SWIFT)

Swift-cash is an open- source, self- funded system of decentralized governance and ecosystem, derived out of a desire to produce a digital store of value and a peer-to- peer cryptocurrency for diurnal transactional use along with cheat- evidence lotteries,

This can be played by anyone in the blockchain without any custodian or third-party service involved, as well as on-chain HODL/ Term deposits. it uses the Proof-of-Stake algorithm to reach agreement and allows up to 10 of maximum affectation to be spent on proffers that are embraced by enough stakeholders.

Another 10 of maximum affectation goes directly to stakeholders who help secure the network via Miners and Master-nodes, then the rest of maximum affectation which is 80 can go to HODL/ Term deposits, which are time locked in the blockchain between 1-12 months.

Market Cap:

$227,570
₿3.653706

24-Hour Trading Vol:

$0.12
₿0.000002

Circulating Supply:

189,465,829

Total Supply:

5,000,000,000

Swift/Usdt Pair Observation

5 Crypto Currencies Under $1 Worth Buying In October 2021
Swift/Usdt Analysis by Chikwem Chinedu Ogugua on Liquiditytradeideas

This pair is in the formation of a broadening chart pattern, from the chart above we can observe that the pair is in a range close to the support zone this is a call for a close watch as the pair may rally up soon.

Nest Protocol(NEST)

Nest Protocol is a decentralized mystic protocol that aims to deliver the fastest and most accurate prices to other Defi platforms. Their result involves collateral citation, arbitrage verification, and other modules to form a price-sensitive and attack-resistant mystic.

Market Cap:

$26,590,356
₿427.746

24-Hour Trading Vol:

$6,418,700
₿103.169

Circulating Supply:

2,029,506,592

Total Supply:

10,000,000,000

Nest/Usdt Pair Observation

5 Crypto Currencies Under $1 Worth Buying In October 2021
Nest/Usdt Analysis by Chikwem Chinedu Ogugua on Liquiditytradeideas

The pair on the 5 cryptocurrencies is on the bottom play forming a bearish pennant considered by technical traders as a bullish reversal chart pattern, nest/usdt pair is precisely on the button of the pennant/ support zone.

we may consider waiting for a breakout for entry confirmation. Above are the 5 cryptocurrencies & Here is a link to our Previous analysis/News on Crypto-currency.

Conclusion

The above-listed alt-coin is among the most watched of all cryptocurrencies as they have a high reward-to-risk ratio, what are your thoughts on this collection? Is any of them worth investing in or is this a total waste, kindly let us know in the comment section or forum?

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4 Crypto Currencies With Promising Returns In October 2021

Here are the 4 crypto-currencies worth buying for potential returns in October. You can go through the to find the one that best suits you and invest for probably 10x return.

FTX Token(FTT)

FTX Token (FTT) is the exchange token of the FTX ecosystem and will be used as collateral for futures positions, getting deductions on trading charges, taking OTC rebates, and more. The FTX token trading platform ensures leveraged tokens, OTC, and futures trading, and plans to run the top crypto derivatives exchange in the blockchain world.

Market Cap:

$6,635,299,371
₿119,918

24-Hour Trading Vol:

$148,869,820
₿2,690

Circulating Supply:

$120,455,699

Total Supply:

$ 336,326,035

TOKEN2049 Hong Kong

Daily FTX Token(FTT) Crypto Chart

Uniswap

The Uniswap exchange is an automated market maker. This is a type of decentralized exchange that offers multiple pairs of tokens to be traded. Prices are set to use mathematical formulas, and trades are made using smart contracts. For this to work, the exchange has liquidity pools.


Market Cap:

$13,009,908,090

₿234,778

24-Hour Trading Vol:

$279,055,389

₿5,057

Circulating Supply :

$519,857,388

Total Supply:

$1,000,000,000

Uniswap Analysis by Chikwem Chinedu Ogugua on Liquiditytradeideas

Solana(Solu)

Solana is a web-scale blockchain that provides speedily, secure, scalable, decentralized apps and traffic. The system presently supports TPS ( Transactions per second) and 400ms Block Times.

The overarching purpose of the Solana software is to demonstrate that there’s a possible set of software algorithms using the combination to create a blockchain.

This would allow transaction increment to scale proportionally with network bandwidth satisfying all lots of blockchain scalability, security, and decentralization.

Moreover, the system is suitable to support an upper bound of TPS on a standard gigabit network and28.4 million taps on a 40-gigabit network.

Market Cap:

$45,905,686,446

₿829,342

24-Hour Trading Vol:

$1,313,732,747

₿23,733

Circulating Supply:

$299,564,277

Total Supply:

$488,630,611

News On Solana

Synopsis 2021

Economy Listing

WhiteBIT Listing

FLUX Launches SOL & TRX

Solana(Solu) Analysis by Chikwem Chinedu Ogugua on Liquiditytradeideas

FIlcoin

Filecoin is an open-source, public cryptocurrency and digital payment system intended to be a blockchain-based cooperative digital storage and data recapture method.

It’s made by Protocol Labs and builds on top of the Inter-Planetary File System, and to store the most important humanity information.

Market Cap:

$8,162,016,454

₿147,306

24-Hour Trading Vol:

$724,541,187

₿13,072

Circulating Supply:

$111,213,149

Total Supply:

$1,971,633,854

Events And News On Filcoin

FileCoin Integration

Filcoin Analysis by Chikwem Chinedu Ogugua on Liquiditytradeideas

Conclusion

Paying attention to these cryptocurrencies will be a nice decision since they are volatile and can generate a good profit within a short time. Feel Free to drop your suggestion in the comment section or forum.

Clear view of crpto technical analysis

Crypto SUSHI/USDT Market Analysis

It seems there’s an opportunity on SUSHI/USDT to jump in and make some descent profit off the swing for some smart traders. Lets look into it to know what the market has for us then..

Economic Data and events of Sushi


This is an immersive, agenda-setting annual summit which is hosted virtually by Messari. The meeting attracts crypto leaders, builders, operators and investors for 2- 3 days of future-focused collaboration, programming and networking.

Observation

Over some months market has been moving on a rocky downtrend making Lower highs and lower lows, Moreover price reversed after forming a chart pattern considered as ( Double bottom ), Conceived to breakout through the neckline, precisely with good bullish momentum.

Crypto SUSHI/USDT Market Analysis
4 Hour crypto-line chart

Sushi-swap is on the pullback this week

The price of Sushi-swap has fallen by $12.28 (-1.5%) within the past few days. the worth declined by 8.36% within the last 24 hours. in only the past hour, the worth fell by 0.71%. the present price is $12.28 per SUSHI.

Sushi-swap is -47.5029% below the all time high of $23.38. the present circulating supply is 192,789,256 SUSHI.

Total Supply:

  • 233,948,989

Market Cap:

  • $2,365,899,092

24 Hour Trading Vol:

  • $361,458,723

However from our above chart we can clearly see that the market has previously consolidated on that same level few days ago, so the market will bounce off the price level 10.026.

Moreover is we consider looking at the first chart above we will observe that the market is on a pullback which will eventually continue the uptrend.

Technical indicator

Adding to our stochastic indicator on H4 is currently within the oversold level which may be a key confirmation on the longer term direction of the market, ” All indicator are lagging but plays a special role in confirmation.”

Watching BTC/SUSHI might be a good idea for more information, and paying attention to any upcoming news on BTC.

conclusion

The market will likely bounce off the support zone10.026 or 9.800 and will rally up to test the (PFH), target. peak formation high(PFH). Feel free to drop a question or idea within the comment section below.