CREAM/BUSD (Bullish Retest?)CREAM/BUSD
Breakout of long consolidation range
A retest of previous resistance area
If the bulls can bounce up again
Expect upside continuation up to $380
CREAMUSDT
CREAMBUSD { CREAM FINANCE } - BULLISH SETUPANALYSIS 🔎
- CREAMBUSD is bounded in the ascending channel.
- Price hit an ATH and retraced for a retest of the ascending channel support
- There's an uptrend continuation possibility.
- Price action is printing an ascending traingle at the retest zone.
- This is a bullish build up pattern.
BUY ENTRY ⬆️
- Breakout above the ascending traingle's horizontal resistance.
BUY CONFIRMATION ✅
- Breakout above the horizontal resistance level (@220)
TARGETS 🎯
- All-time high resistance level (@380)
- Fibonacci extension levels.
- Ascending channel resistance.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle support.
will Cream survive ?Hello traders and investors.
In February CREAM finance's Iron bank contract hacked and their token value dropped.
In my opinion Cream token survived. it has an acceptable regain in price.
Even during BTC fud, it does better than my exception.
currently, it has a range market and we don't have anything to do with it except watching it till the clear show of trendline either bullish or bearish because at least it is one of few cryptos that have an independent market for now.
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.
BUYING THE DIPSame plan for CREAM, I'll be looking to buy any pullback, aiming for those objectives.
CREAM/BUSD Binance4H hollow candles.
A descending triangle has been formed, so a price breakout is expected.
Cream Finance Price (CREAM) = $112.37 Trend = -5.58%
0.001869 BTC5.49%
0.05999 ETH3.88%
Good Luck
CryptoHellas Team
CREAM/BUSD Binance4H hollow candles.
Price breakout anytime soon.
Bar pattern shows possible scenarios.
Cream Finance Price (CREAM) = $102.01 -5.80%
0.001814 BTC5.38%
0.05687 ETH6.29%
Good Luck
CryptoHellas Team
$ALPHA - DeFi correction breakout makes my eyes happyHere we have APLHA Finance Lab a platform that looks to bring in users from a variety of blockchains
Alpha Finance Lab’s first products each claim to bring an entirely new solution to the market. Alpha Homora is the first platform to introduce the leveraged yield farming concept and with the launch of Alpha Homora V2 in 2021, it will introduce the first smart contract that is capable of borrowing from another smart contract (Cream Finance) in an under-collateralized way. - (coinmarketcap) - clean DeFi opportunities associated with Alpha with innovation via $CREAM
Moreover, once launched, AlphaX will become the first Uniswap/Sushiswap-style perpetual swap decentralized exchange without order books. This will allow more individuals to access the benefits of perpetual swaps (such as trading on leverage), without having to understand how they work in the background. - (coinmarketcap) - so they also have a DEX releasing which is brilliant as all good DEXes only go up, e.g. $SRM
Technically we have had a huge correction phase which breakout of white line should put an end too
Optimum entries would have been in the 12H demand zone highlighted, found from the bottom left on entry to the range
Just need to flip the 200MA here and then we can head for 0.786 and the 1.0 fibs!
Lets go $ALPHA Finance Lab
CREAMBUSDCREAM has shows bullish signs and now needs a correction and the best one it can have is the retracement and after that the bullish signals will be amplified and goes for another ATH and another pull back goes higher etc etc . . . as shown in the chart almost correctly
Cream - long playshould of waited for the dbl test at $70 but entered at $115
almost gave up at 50% loss but kept on it expecting a dip at first then seeing 50% was rough
however this thing moves fast up and down
nice to see a 114% rise
could see ATH at $280 again but 12 month term possibly $1000
we shall see
EASY 13% | $CREAM/BNB CREAM/BNB TECHNICAL ANALYSIS
TRADE:
ENTRY: $5.54
STOP: $5.3 (-3%)
EASY LOOT TP: $7.11 (30%)
SAFE TP: $6.19 (13%)
DotcomJack