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1INCH Finally Moving - Where do you see it going in 2021?After a nearly 2 week long falling wedge, 1INCH finally moves bringing some reward to the patient, 30-45% gains in ~24hrs!! --- Not going to lie, I started to rethink my bullish outlook on this project when Bake, Cake, Flake, Dodo, Burger and a damn Shake, or whatever other DEX, DeFi Aggregator started making HUGE gains. This breakout was pretty clear given that beautiful channel; wish they would all be so cooperative! My question to those who wish to contribute: Where do you see 1INCH going in 2021? - Do we have an early UNI situation here? $5 with a quick run up to $15-25? - Or is 1INCH soon to be obsolete, overshadowed by the next dex/agg with a dumb name? Recent BSC integration may beg to differ. I tend to agree with the former.. Let's not FOMO this one! Cheers
by chadbchilln
2
We all know that March is coming. But what about the new #DeFi?It's true. We all know that historically, March is a bad month for $BTC and the crypto space in general. But, could this be different for the new (and probably much more stronger) wave of DeFi platforms ? The Binance Smart Chain came to stay, that is out of the question. Also, we've seen a huge rising on the use mainly due to the failure of Ethereum and their Gas Fees. Pancakeswap has been working on expanding their presence and so far it's going smooth. Their Idea of bringing NFT's, plus a gamification based in profile, earning points by completing tasks, among other things is a well placed strategy for the booming in the following months. Based on that and on some well-know flag patterns I see that $Cake will see a new ATH soon. Will you stack your pancakes? 🍯🍯🍯🍯🍯 Hurry up!
CLong
by BitBMEX
1
Cake Presents A Buy OpportunityBINANCE:CAKEBNB - 4H Pancakeswap and its accompanying CAKE token have taken DeFi by storm since the beginning of the month. Overall BSC has added 9B in TVL since the end of January. Much of that added value has gone into PCS vaults, which spurred its volume over Uniswap's yesterday. A couple weeks ago I argued for a potential Tron run based on an influx of DeFi refugees and new entrants. Tron succeeded in attracting people but nowhere near the scale of what BCS & PCS have done. I'm fortunate to have previously entered CAKE, but I'm also looking for good additional entries as I believe this run has another month or two ahead of it. The pairing with BNB presents a challenge as BNB has absolutely rocketed in price the past two weeks. Nevertheless the CAKE:BNB trade has been in a consistent up trend on the 4H since late January. I won't pay much mind to the massive wicks pushing the price up, but I am interested in the bottoming out that may have just happened. I think .054 may have been the floor, as that candle was predated by the largest sell volume CAKE has seen in its existence and it bounced back nicely. But I'm looking for a candle to rocket up the near juncture of the bottom trendline & EMA sometime tomorrow. If that doesn't happen, and CAKE surges up I'll move in somewhere between .0615-.063 depending on closes. Generally speaking the difference between .0535 and .057 BNB isn't that much at present. So if you have no cake and are looking to long into triple digits, there's little reason to delay. Short term .076 would be a good exit target. This isn't investment advice and trading cryptocurrency is high risk.
Long
by LoDoCrypto
Moonshot Search Yields HGET-Hedget As A Possibility FTX:HGETUSD - 4H I see a lot of people wanting to find coins/tokens that are considered "moonshots." Typically a moonshot offers >20x returns, sometimes in the 100x range. In order for a moonshot to manifest, you have to take on a variety of risk and see the coin/token's underlying value - what does it bring to the table? What does it solve? Why would anyone think of buying this? I've been dabbling quite a bit in DeFi and came across HGET last week. Options trading is as lucrative as it is destructive. HGET brings non-custodial options trading to DeFi and launched in Sept 2020. It debuted at ATH and has plummeted downward since. Some of the downward moves are almost musical in their curvature. What has hampered HGET growth is - there haven't been any buyers. Looking at the 4H chart we only see sustained buying interest in the past two weeks. Tall green bars are rare in its history - but that's all going to change in near future. HGET is providing impossible returns in the form of LP yields and the market is starting to digest its value in that regard. Looking at the tokenomics there is a circ supply of 1.75M, max supply of 10M - or roughly half of BTC's max supply. If HGET were to blow off to the stratosphere and reach 10k/coin, it would still only be 9% of ETH's current marketcap and remain ranked below Ripple. It's currently ranked in the 700s on CMC and will popularize with the platform's release this quarter. As more people enter crypto and want to make money on trading, more will entertain trading options on DeFi as there is no kyc nor mandatory reporting. I've added some fib extension levels on the chart for anyone looking at a good entry point and potential target levels. The ride from now to $8 will be a bit tough unless it just facemelts past it all. $10.50 marks ATH and the coins debut price, and once it clears that we'll see some strong strides up into price discovery. Most of the early bagholders have been chased out following a -90% drop. I'm not in HGET currently to trade, but am in it for LP token staking. I'll enter it to trade at $8.50 with a short term target of ATH and holding a portion for the moon trip to the top 150. This is not investment advice and trading cryptocurrency is high risk.
FTX:HGETUSDLong
by LoDoCrypto
2
RFUEL Accumulation Complete - Ready to get sent imagine a defi token that got dumped so hard it was forgotten during the entire bullrun. only the brains accumulated at .03, the early adopters at .06, the normies at .11, and the laggards at .2 and above. what if I told you these guys had their own parachain lined up on polkadot along with a ton of super innovate technologies, starting with their smart asset token bridge. oh yeah and all the presalers have already dumped! yeah. welcome to RFUEL. get a bag and dont look back
RLong
by crypt0goldrush
BitcoinSV - The Flippening - Part 6 - DecentralizationBITFINEX:BSVUSD : Strong Buy Analysis Method: Fibonacci & Wave Theory Near-Term Target: $1,400 Time-Frame: 30 Days Bitcoin SV is the original Bitcoin It restores the original Bitcoin protocol, will keep it stable, and allow it to massively scale. Bitcoin SV will maintain the vision set out by Satoshi Nakamoto’s white paper in 2008: Bitcoin: A Peer-to-Peer Electronic Cash System. Link to Whitepaper: bitcoinsv.io Latest News: The Bitcoin SV Scaling Test Network (STN) is often the place where records are made, and where Bitcoin SV (BSV) continues to prove how the original vision of Satoshi Nakamoto allows for unlimited scaling. On May 6, the STN was the place where two new world records were set. We came upon the world records when Twitter account Global Bitcoin Watchdog noticed an STN block with over 9 million transactions . Shortly after, that record was smashed by another block, with over 13 million transactions . nChain CTO Steve Shadders noted: The STN is a tool for testing extreme limits of the Bitcoin network. Whilst this block wasn’t made under network conditions typical of the production network, it tested specific elements of extreme load scenarios. We are pleased to confirm that the Bitcoin software, in a globally deployed scenario, was able to handle this test with no noticeable service degradation. STN Website: bitcoinscaling.io Previous Analysis: BSV - The Flippening - Part 5 Link: Pick-up form previous analysis... High Wave Analysis: - ABC Correction Sequence (Building a base) - Correction Sequence was in 5 Waves (Strong Support) Daily Chart: -Primary Wave 1 -Added Fib-Time -29 Days till Fib-Time Marker 5 Lower Wave Count: -Primary Wave Primary Wave 3 Trigger: $383 Primary Wave 3 Target Area: $300-$383 Will update. Find more on FibMarketWatch.com
BLong
by FibMarketWatch
21