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CREAMUSD

CREAM Surges with Breakout Momentum: Eyes Set on $100! Key Observations: Ascending Channel Breakout: The price has been trading within an ascending channel, with higher highs and higher lows. A breakout from the channel is observed, with the price rising sharply from around $43 to $71.34 , indicating strong bullish momentum. Support and Resistance Levels: Major support levels identified: $15.59 and $42.34. Major resistance levels identified: $58.57, $70.50 , and $100.45. Volume and Price Action: The volume appears to have increased significantly during the breakout, confirming the strength of the upward movement. Candlestick Patterns: The chart shows a large bullish candlestick, indicative of strong buying interest. Indicators: Stochastic RSI at the bottom of the chart is showing an underbought condition (below 20 level). This may indicate potential for a long-term bullish. Technical Analysis: Breakout Confirmation: The price broke out of the ascending channel with a strong bullish candle, suggesting a possible continuation of the uptrend. After breaking above $58.57 (previous resistance), the price surged to $71.34, confirming the breakout. Potential Pullback: Given the overbought condition on the Stochastic Oscillator, a pullback or consolidation phase might be imminent before further upward movement. A retest of the breakout level around $58.57 or even the $42.34 support level is possible, which would be a healthy correction. Price Targets: Short-term target : The price could aim for $70.50 again, as it is the immediate resistance. Mid-term target : If the bullish momentum continues, the next target would be $100.45, which aligns with the measured move from the breakout. Long-term target : Sustained momentum could push the price beyond $100.45, but this would require continuous strong buying pressure and favorable market conditions. I will keep updating this chart overtime
Long
by Z4F4R
C.R.E.A.M. Finance CREAM/USDT Waiting for a potential breakout. About Cream Finance (CREAM) C.R.E.A.M. Finance is a decentralized DeFi lending platform, enabling financial services to a broad range of entities—from individuals to institutions. As an integral part of the yearn.finance family, it aims to differentiate itself with its open-source, permissionless nature and compatibility with multiple blockchains, including Ethereum, BNB Chain, Polygon, and Fantom. Users holding assets like Ether or wBTC and seeking avenues to optimize them, can position these assets onto C.R.E.A.M. to earn yields. ...................................................................................................................... We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature. and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
by CryptoTrend-Alerts
C.R.E.A.M. Finance (P2P) DeFi platform: creamusd analysisC.R.E.A.M. stands for Crypto Runs Everything Around Me What Is🌟 C.R.E.A.M. Finance (CREAM)🌟? C.R.E.A.M Finance is a decentralized peer-to-peer (P2P) DeFi platform that provides lending, borrowing, swap, payment and tokenization services for digital assets. The C.R.E.A.M. Finance protocol was created as a Compound Finance fork, while its C.R.E.A.M. SWAP exchange is based on the code of Balancer Labs. C.R.E.A.M Finance is open-source, permissionless, blockchain-agnostic and offers yield farming rewards to its users in order to inclusively develop its network. it was launched unexpectedly on the Ethereum network on Aug. 3, 2020 through the YOLO liquidity pool. In September 2020 it went live on the Binance Smart Chain (BSC). The CREAM token allows users to lend, borrow, stake or swap assets and help govern the network, allowing them to vote on assets to support or delist. ❇️C.R.E.A.M. Finance helps provide liquidity to important DeFi assets through automated market making (AMM), The platform aims to list and support tokens important to the DeFi sector, for example the biggest stablecoins (USDT, USDC, BUSD, yCRV, etc), governance tokens (COMP, BAL, YFI, LEND, CRV, CREAM etc.), and other leading cryptocurrencies such as ETH, renBTC and LINK. ❇️Who Are the Founders of cream.finance ? The person behind C.R.E.A.M. Finance is Taiwanese entrepreneur Jeffrey Huang, who labeled himself as the “semi-benevolent dictator of CREAM” upon launch. Huang is also the founder of Mithril (MITH), the Ethereum-based social media platform. coinmarketcap -- cream.finance ------------------------------------------------------------------------------------------------------------------ ✅TECHNICAL ANALYSIS As you can see in the Weekly time frame chart for cream/USDT, the price is trading around 127 $ . Cream after reaching $ 373 as a new ATH on February 1, 2021; Entered in a the correction phase, which seems to be the end it . it can start a new bullish move again. In this regard, it should be able to pass through the narrow red resistance area. Of course, it can fluctuate between green support and resistance areas for a while. Also, EMA 21 and 13 have a supportive role for the price. However, if it manages to cross its resistance and stabilize on it. With a litle pullback, it can continue his upward waves. -------------------------------------------------------------------------------------------------------------------- 💥(Anyway, my constant suggestion to my dear community is to buy step by step ( in a few steps) , With considering risk management , Because this crazy market is very volatile than you have never seen in any other markets .) 💫(also Following security measures is vital in cryptocurrency trading. Always remember that $100 worth of a token may become a fortune someday. So treat every penny with respect.) -------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion and you are responsible for your own trades or invests.💯 🙏with Best Regards and successful trades❤️ 💜 if you're fan of my analyses you can support me with your 👍 likes 👍 and 💭comments 🗯
Long
by PRO_SMART_Trader
Cream (CREAM) • Bitcoin crash putting previous TA on holdMy previous video on cream was pretty bullish and I hypothesised the case for a stop hunt toward the 60k range. It went further than expect right into another support range. We saw pullback right into the previous support range.I also was assuming that Bitcoin was not crashing this hard so fast. Chances are that we will still see price discovery toward that range at 60k again. In this video I talk through time-price scenarios where it would start looking bullish again or invalidations criteria. At the moment we are not there. CREAM is still looking it could be one of top performer in the next DEFI bull-run. At the moment things are on hold while bitcoin gets out of bearish waters.
FTX:CREAMUSD
by D7R
2
Cream (CREAM) • If you don't like alpha. Look away.CREAM is one of defi tokens that didn't see the light of a huge breakout. Things might change soon as liquidity will soon want to rotate from high performers to the lowest ones against the DEFI index. CREAM however suffers the unit bias problem which could explain the fact it barely moved OR early hype that faded away with price coming down (while market-cap remaining relatively stable). Currently placed #405 on CMC which place this coin in high-risk and illiquid category. This token can ez go to zero tomorrow. So take this idea with huge grain of salt but as they say... no pain no gain. 👊😉
FTX:CREAMUSDLong
by D7R
1
CREAM USD 4H Timeframe Breakout, test support and let's fly?CREAM broke out nicely on 4H timeframe, need to test $105-110 as new support imo to confirm. Looks like a good one to build a big swing on with a $180+ target so will be looking to buy dips. Can find perp on FTX or spot on Binance, note CREAM doesn't have a BTC pair on a big exchange (Binance+FTX are only against USD or BNB). This means it generally runs hard when ETH is trending upwards, so keep your eye on ETH price.
FTX:CREAMPERP
by wizardfromspace