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DEFI

CRV: New DEFI BOOM in 2024?Exciting times are ahead for the decentralized finance (DeFi) space, and Curve DAO Token (CRV) is catching our attention with its bullish stance. The charts are painting a promising picture, and it seems like CRV is gearing up for new highs during the upcoming DeFi boom in 2024. Let's dive into the factors contributing to this bullish outlook. 📈🌐 The CRV Bullish Scenario: Curve DAO Token (CRV) is exhibiting strong bullish signals, setting the stage for a potential uptrend. As we anticipate the next DeFi boom in 2024, CRV appears well-positioned to capitalize on the renewed interest in decentralized finance. Technical Indicators: Chart Patterns: CRV's chart patterns are aligning with traditional bullish formations, suggesting a positive momentum shift. Volume Analysis: Increased trading volume is often a precursor to significant price movements. CRV's recent uptick in volume is indicative of growing interest and participation. The DEFI Boom 2024 Catalyst: The decentralized finance ecosystem is expected to experience another boom in 2024, driven by advancements, new projects, and increasing adoption. CRV, being a key player in the DeFi space, is likely to benefit from this overall market trend. Anticipating New Highs: With the convergence of bullish technical indicators and the broader DeFi market narrative, there's a strong case for anticipating new highs in CRV during the upcoming DeFi boom. Traders and investors alike should keep a close eye on developments in the DeFi space and CRV's price action. Trading Strategy: Technical Confirmation: Wait for additional technical confirmation, such as a breakout or sustained positive momentum, before entering a position. Market Awareness: Stay informed about developments in the broader DeFi ecosystem, as they can influence CRV's price trajectory. Risk Management: Implement sound risk management practices to safeguard your investments, especially in the dynamic and sometimes volatile DeFi market. Conclusion: As CRV sets the stage for a potentially bullish cycle, the DeFi boom in 2024 could catapult it to new highs. As always, approach the market with a strategic mindset, adapt to changing conditions, and may your trades be in sync with the rhythm of the crypto market. ❗️Get my 3 crypto trading indicators for FREE! Link below🔑
by AlexWhale
#AVAX/BTC 1D (Binance) Falling wedge on supportAvalanche printed a morning star, seems likely to bounce back towards 100EMA resistance. ⚡️⚡️ #AVAX/BTC ⚡️⚡️ Exchanges: Binance Signal Type: Regular (Long) Amount: 13.4% Current Price: 0.0003157 Entry Targets: 1) 0.0003101 Take-Profit Targets: 1) 0.0003796 Stop Targets: 1) 0.0002869 Published By: @Zblaba CRYPTOCAP:AVAX BINANCE:AVAXBTC #Avalanche #L1 avax.network Risk/Reward= 1:3 Expected Profit= +22.4% Possible Loss= -7.5% Estimated Gaintime= 3-7 weeks
Long
by TradingOn
Chainlink Educational Post - Finding Support And ResistanceMany of you have been asking me how I timed my NASDAQ:LINK trade so well. Purchasing at $7.63 on October 20th and now seeing it up to $16.20, I will say it was slightly lucky, but it was not random. In this video I go over a few of my basic strategies for getting major price points out of an asset in less than 15 minutes. Follow for more trading content. Exclusive videos will be released weekly. Sorry about the AUDIO quality - Dont have a mic with me right now. - Joshua Helios Capital Investment
COINBASE:LINKUSDEducation
by Helios_Capital_Investment
2
FTM Speculative Asset Play - DeadCOIN?FTM is one of those coins that is in a pretty uncomfortable place for me, Not much going on in the Fantom Ecosystem and a ton of new competition has sprung up over the past three years, However from a technical standpoint FTM looks incredible right now, Id recommend accumulating at least a small bag in case these targets do come to fruition. Support Zone : $.2570 - $2670 Major Resistance Zone: $.2960-$.3210 Target 1: $.3863 +31% Target 2: $.4880 +64% Target 3: $.6101 +105% Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm. Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract platforms, specifically transaction speed, which developers say they have reduced to under two seconds. The Fantom Foundation, which oversees the Fantom product offering, was originally created in 2018, with the launch of OPERA, Fantom’s mainnet, coming in December 2019. Fantom is an open-source decentralized smart contract platform for DApps and digital assets that was created as an alternative to Ethereum. Fantom has the goal of overcoming the limitations of previous generation blockchains and balancing three components: scalability, security and decentralization. The project offers a set of tools to simplify the process of integrating existing DApps, as well as a detailed staking reward system and built-in DeFi instruments.
FLong
by Helios_Capital_Investment
$ALGO Supports And Resistance Zones - TIME TO BUYEURONEXT:ALGO Is an asset I have a lot of history with, Currently, it is trading well below what it realistically should be, considering the overall state of the crypto market right now. In this Chart I have not only added updated support / Resistance and target zones, I have left the previous Levels up that I charted in 2021 The more relevant data to current trades will be the levels established at the lower parts of the chart. Namely, the price points that follow. Here are my levels to watch out for, Here are my recommended options for entry. You can wait for a breakout of resistance zone 1, wait for a breakdown to the support level ($.1230), or enter right now and risk a breakdown while still in the trade. At this level I do believe it is a more beneficial move to either enter now or wait until a break of resistance, I don't necessarily see us dipping to support unless the overall market declines over the next few days. Here are the levels to watch. Set alerts are applicable prices. Support / Entry level: $.1230 Resistance Zone 1: $.1405-$.1520 Target 1: $.2390 +97% Target 2: $.3610 +190% Target 3: $.5070 +320%
Long
by Helios_Capital_Investment
#STORJ/USDT 12h (ByBit) Small rising wedge near breakdownStorj is about to print an evening star, could lead to a leg down to 200MA support. ⚡️⚡️ #STORJ/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Short) Leverage: Isolated (3.8X) Amount: 5.0% Current Price: 0.4425 Entry Targets: 1) 0.4455 Take-Profit Targets: 1) 0.3515 Stop Targets: 1) 0.4925 Published By: @Zblaba $STORJ BYBIT:STORJUSDT.P #Storage storj.io Risk/Reward= 1:2.0 Expected Profit= +80.2% Possible Loss= -40.1% Estimated Gaintime= 1-2 weeks
Short
by TradingOn
SHIB - Resistance and Support Zones - TargetsPotential Price Targets and supports - Support Zone $.00000640 - $.00000760 Target 1: $.00000850 Resistance 1 / Fib level .618: $.00000912 Target 2: .000001480 Major Volitility Zone: $.000015-.00003405 Previous Top Resistance: $.00006075 SHIB is the main token of the Shiba Inu ecosystem, bringing the power of a decentralized, community-led currency to millions across the globe. Since its inception in late 2020, the Ethereum-based SHIB token has grown to become a worldwide phenomenon, and is now accepted as a form of payment at hundreds of locations, either directly or through third-party intermediaries. Shiba Inu coin was created anonymously in August 2020 under the pseudonym "Ryoshi." Ryoshi says about himself that he is a nobody and not important and that the efforts to unmask his identity, even if successful, would be underwhelming. This meme coin quickly gained speed and value as a community of investors was drawn in by the cute charm of the coin paired with headlines and tweets from personalities like Elon Musk and Vitalik Buterin. Vitalik Buterin was long believed to be the originator of Shiba Inu, but denied such rumors on the Lex Fridman podcast on June 5, 2021.
Long
by Helios_Capital_Investment
HEX - Rallying war cry from Richard Heart!Evidence that RH is going to do battle with the corrupt SEC from recent tweets. Tweets like this give encouragement to the troops, and hopes for brighter days ahead. Crypto speculators much like voters for in their political leaders crave exhibition of strength, & intelligence. This civil suit gives a platform for RH to demonstrate those key attributes... Price action is a mixture of things Confidence is a major part (along with momentum and liquidity obviously) I still believe Pulsechain would be the asset of choice to accumulate But #HEX and #PLSX will go along for the ride.
Long
by BallaJi
2
CAKE is back! Much work was done to remedy the inflation from an unsustainable 60-80% to 3-4%. CAKE is now burning more than emitting which makes this token technically deflationary even if there is still emission running at a rate of 1.45cake per block which is 1/10 of what we saw in previous months. From oversold area now rising with impressive volume back to live. It entered the top 100 coins list and still has a lot to offer. Was waiting for this bullish weekly signal around 1,75usd which now seems to be confirmed soon.
Long
by Hi-pote
CAKE/USDT Secondary trend. Pivot zones. 08 2023Local trend. Logarithm. Time frame 3 days. Local trend. Work in it Risk Management. In the local trend at the moment, this coin is interesting to work on, especially since the triangle is almost formed and the dénouement is coming soon. Stops will be quite short in the direction of the breakout. Take a local profit (probably substantial) and forget once and for all about crypto fantasies and what will happen to the price next. No regrets if you took a relatively small profit and further development of the trend showed an order of magnitude more. In the end, everything can be the opposite, you will be the lucky one who “had time” before the “sunset”. Learn to profit from the market, it is better to take a little bit at a time, limiting risks, than to take potentially large profits (which is what most “sectarians” are waiting for). A linear price chart with no market noise. Pivot zones from key liquidity zones. The main idea and meaning of this idea is to show the logic of working with reversal zones from key resistance support levels, which will determine the further development of the trend. I have shown all possible scenarios of secondary trend development from more probable and logical to less probable, but which have the right to be realized. You should always keep even unlikely scenarios in your mind, even if you do not believe in them. Few people calculate different variants of trend development ahead of time. In most, as a rule, there is one scenario of price movement, but it is built in most cases on the desire that it was exactly as profitable. Major trend. Time frame 1 week. CAKE Basic trend. Working with reversal zones. Money management. Read the text in the description of the main trend idea, it's important.
by SpartaBTC
2
Breakout of $500 will lead to mini #DEFI season 🔥Good time to accumulate #DEFI coins 💎📝 Keep an eye on it 👀 Trendline Trading Strategy What is a trendline trading strategy? In technical analysis of financial markets, a trendline is a diagonal line drawn through a chart to show the trend in price. The slope of the trendline shows the direction of the trend: if the line has an upward slope, the trend is up (an uptrend), and if the line has a downward slope, there is a downtrend. When the slope is flat, the trend is horizontal, and in that case, we say that the market is moving sideways or is range-bound. As you know, the price moves in swings, creating swing highs and swing lows. When the price is rising, it creates a series of higher swing lows and higher swing highs. Likewise, when the price is declining, it creates a series of lower swing highs and lower swing lows. An up-trendline is drawn across the rising swing lows, while a down-trendline is drawn across the descending swing highs. In a range-bound market, the line is drawn across both the swing highs and swing lows to delineate the boundaries of the range.
Long
by Crypto-Adda_Official
#INJ/BTC 1D (Binance) Symmetrical triangle breakoutInjective Protocol is out-performing the crypto market after printing that morning star deviation. Looks good for bullish continuation in sats, probably after pulling back to 100EMA support. ⚡️⚡️ #INJ/BTC ⚡️⚡️ Exchanges: Binance Signal Type: Regular (Long) Amount: 6.5% Current Price: 0.0002916 Entry Targets: 1) 0.0002705 Take-Profit Targets: 1) 0.0003529 Stop Targets: 1) 0.0002292 Published By: @Zblaba CRYPTOCAP:INJ #INJBTC #Injective #AI #Web3 Risk/Reward= 1:2 Expected Profit= +30.5% Possible Loss= -15.3% Estimated Gaintime= 1 month injective.com
Long
by TradingOn
will $yfi blow the roof off soonyfi had a nice response at the yearly show providing a $10k candle to the upside that his since retraced to the $8k region. whilst selling pressure has made a low on the OBV, the price has managed to stay above the last bearish candle open on the monthly chart. we now have a clear demand zone with unlimited upside potential, given that bitcoin seems to have found a local bottom / dxy has possibly peaked giving relief everywhere else. if yfi can break the diagonal and claim the daily at $11k then there is no reason yfi cannot test $22k upward, possibly even mid-high $40k, or just go nuts and hit the 1.62 fib at $150k, but baby steps for now ;-)
YLong
by TBTS
2
Decoding DeFi MetricsIn Decentralized Finance (DeFi), deciphering the wealth of new projects can be akin to navigating uncharted waters. However, amidst the chaos, fundamental analysis stands as a beacon, guiding investors and traders towards discerning the true value of DeFi assets. 1. Total Value Locked (TVL): TVL, the sum of funds nestled within a DeFi protocol, provides a vital glimpse into market interest. Whether measured in ETH or USD, it illuminates a protocol's market saturation and investor confidence. 2. Price-to-Sales Ratio (P/S Ratio): In DeFi, just like traditional businesses, evaluating a protocol's value against its revenue stream offers a unique perspective. A lower P/S ratio suggests undervaluation, indicating a potential investment opportunity. 3. Token Supply on Exchanges: Monitoring tokens on centralized exchanges unveils market dynamics. While a surplus may hint at sell-offs, complexities arise due to collateralized holdings, necessitating nuanced analysis. 4. Token Balance Changes on Exchanges: Sudden shifts in token balances on exchanges signal imminent volatility. Large withdrawals hint at strategic accumulation, underscoring the importance of tracking market movements. 5. Unique Address Count: More addresses usually imply widespread adoption. But beware! This metric can be deceptive. Cross-reference with other data for a clearer picture. 6. Non-Speculative Usage: A token's utility is paramount. Assess its purpose beyond speculation. Transactions occurring outside exchanges signify genuine use, a testament to its value. 7. Inflation Rate: While scarcity is a virtue, a token's inflation rate demands attention. Striking a balance between supply growth and value preservation is crucial, emphasizing the need for a holistic evaluation approach. In the intricate DeFi landscape, these metrics serve as the foundations of strategic decision-making. Each data point unravels a layer of complexity, empowering investors to make astute choices. As you delve into the world of decentralized finance, armed with these insights thrive in the boundless universe of DeFi possibilities! 🚀💡
Education
by Vestinda
1
BITCOIN Bullish OutlookMy bullish outlook on Bitcoin stems not only from it potential as a politically neutral asset, but also due to the recent decision of the SEC to not appeal the Grayscale BTC ETF, thus making it a more attractive means of investment for the average consumer, as well as giving it credibility in the legacy markets. In terms of price targets, some technical views suggest the following levels: - $28,296 - $31,800 - In an extremely optimistic scenario, it might even reach $40,000. 1. The recent decision by the SEC not to challenge the approval of the Grayscale Bitcoin ETF suggests a more investor-friendly approach to Bitcoin investment may be on the horizon. This change in stance could make it easier for average joes to enter the Bitcoin market. 2. The rising global tensions are making Bitcoin appear increasingly attractive as it's a non-biased and politically neutral asset. This quality positions Bitcoin for potential success in uncertain times. 3. Notably, prominent figures like SkyBridge CEO Anthony Scaramucci embracing Bitcoin and JPMorgan Chase CEO Jamie Dimon altering his previously negative stance on cryptocurrencies add credibility to Bitcoin's prospects.
BITSTAMP:BTCUSDLong
by Helios_Capital_Investment
2