DFI gets technical supportYou can see multilevel support around the current price levels. Probably the price drop will be held at the level 2.36 - 2.51 USD. You could consider a speculative long entry, but this is only speculative. We don't know if the multilevel support holds or not. It depends probably mainly upon Bitcoin - if BTC makes dead cat bounce DFI will raise as well.
DEFI
LONG COMP @ 128-129 Compound is a protocol on the Ethereum blockchain that establishes money markets. Money markets are pools of assets with algorithmically derived interest rates. Suppliers (and borrowers) of an asset interact directly with the protocol, earning (and paying) a floating interest rate. Compound is now available on DeFi Swap. Users can swap Compound, be Compound Liquidity Providers to earn fees and boost their yield when staking.
Why I think that Bitcoin is in the bear downtrend?Hey Tradingview crypto community!
Today I am sharing a couple of more ideas confirming that the price of Bitcoin is due for a further slip to the downside.
First of all, I would like to bring to your attention a bearish flag pattern formation on the daily timeframe of Bitcoin chart.
After some sideway moves within the band of this bearish flag, we are finally seeing that the price of Bitcoin has finally broken its
lower boundary.
I am not saying with 100% certainty that we will see Bitcoin moving towards the lower price levels immediately due
to huge manipulations by whales in the market. Thus, it could well be a 'fake out' and we could see Bitcoin pushing up to $51K level before
continuing its bear trend trajectory.
However, and if the bearish flag pattern will play out sooner or later, we could see Bitcoin price declining by the length of 'flagpole' and
reaches the $13.5K price level. Of course, this is a textbook theory move indicating where Bitcoin price should be heading towards. This price level
almost coincides with the 2018 Bitcoin 81%-83% correction standard where's we could see the Bitcoin bottom at $11.5K. Only if its past history repeats itself once again.
All I am 100% certain 100% that whilst three weekly Bitcoin candles have closed below the 21 Day EMA, Bears are definitely in charge of this battle.
CRV Recognizable Elliott Wave PatternRight now crv is displaying a 3 wave move to the upside, which may not be done just yet. It just missed the Most Likely Target for a wave 3, but is displaying some wave 3 personalities, vol, base channel break, slope. So keeping an eye on the retrace for more clues on what exactly is being printed here. Depending on where, and how, the PA retraces will determine the next possible move. In the end it is a recognizable pattern which could be utilized as an anchor for a possible trade plan.
$ERSDL - ascending triangle - MA Cross - 1hr TF #Kucointbh, I believed this project/coin to be ded...
TG official group has been reactivated with larger CEO presence. FA hasn't changed. DYOR
Volume started coming in yesterday. 33.54% 24hr change in price at the time of this posting.
Ascending triangle
MA 20 - 200 cross: 2022-04-22 23:00
Spot Call limit order filled: 0.01646
stop: 0.01331
tp_01: 0.01941
tp_02: 0.02327
tp_03: 0.02909
CRVCRV/BTC just got me feeling some kinda way here guys. We been buying $2 range like Michael Jackson buys skin bleach boys. Anyway send it please sirs.
Aave | AAVE bullish MA50 test - now up again?AAVE recently tested the MA50 twice.
I like the overall scenario and will enter a trade once it closes above $180.6, which triggers a new high on the H1 chart.
Let's see how this plays out.
Thanks for your support.
Have a good one.
BAO: $0.000 16 | The Pioneer to have Opened the Defi Spacewhen Uniswap gave away money thru Airdrops... around $4k a piece or address
months LATER BAO was launched to validate the debut of DEcentralize Finance sector
we all know the rest came copied and poached the pioneer in this sector
at current levels.. it shall re introduce itself and reward strong hands who got volume
finding value begins at the bottom before the trend is established
www.bao.finance
we go against the crowd
Simple RSI Setup (DEFI Summer)Are we going to have a DEFI summer? RSI is floored and foreshadows a breakout of red line resistance zone.
$ETH/USDT 4h (#BinanceFutures) Descending channel on supportEthereum looks good for a bounce back on demand zone / 200MA for a move towards 50MA.
Current Price= 3074.42
Buy Entry = 3074.01 - 3000.33
Take Profit= 3215.95 | 3350.59 | 3455.31
Stop Loss= 2887.57
Risk/Reward= 1:1.2 | 1:2.1 | 1:2.8
Expected Profit= +17.67% | +30.96% | +41.31%
Possible Loss= -14.79%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 3x
Estimated Gain-time= 2 weeks
Tags: #ETH #ETHUSDT #Altcoin #PoW #Mining #Eth2 #PoS #Staking #SC #DApp #Governance #DeFi #BSC #BC #SolEco
Website: ethereum.org
Contracts:
#Mainnet
#BEP20 0x2170ed0880ac9a755fd29b2688956bd959f933f8
#BEP2 ETH-1C9
#SPL 2FPyTwcZLUg1MDrwsyoP4D6s1tM7hAkHYRjkNb5w6Pxk
the lowest level of the 2nd wavecrab harmonic pattern:
X=$5.49
AB=0.38 XA
BC=0.88 AB
0.78 BC=$0.339
0.88 BC=$0.390
1.6 BC=$1.1
2 BC=$1.88
0.78 XA=$2.32
2.24 BC=$2.64
0.88 XA=$3.47
2.6 BC=$4.5
1.13 XA=$9.26
1.27 XA=$16.39
3.6 BC=$18.46
1.41 XA=$28.56
4.23 BC=$44.16
1.6 XA=$65.95
Origin Protocol making a base for the 2nd wavecrab harmonic pattern:
X=$17
A=$0.085
AB=0.38 XA
BC=0.88 AB
0.78 BC=$0.438
0.88 BC=$0.524
1.6 BC=$1.95
2 BC=$3.87
0.78 XA=$5.48
2.24 BC=$5.96
0.88 XA=$9.32
2.6 BC=$11.74
1.13 XA=$34
3.6 BC=$70
1.41 XA=$150
4.23 BC=$214
1.6 XA=$453X=$17
A=$0.085
AB=0.38 XA
BC=0.88 AB
0.78 BC=$0.438
0.88 BC=$0.524
1.6 BC=$1.95
2 BC=$3.87
0.78 XA=$5.48
2.24 BC=$5.96
0.88 XA=$9.32
2.6 BC=$11.74
1.13 XA=$34
3.6 BC=$70
1.41 XA=$150
4.23 BC=$214
1.6 XA=$453
is OGN ready to pump?crab harmonic pattern:
X=$11.58
A=$0.0059
AB=0.61 XA
BC=0.38 AB
0.78 BC=$0.44
0.88 BC=$0.526
1.6 BC=$1.95
0.78 XA=2.29
2 BC=$3.88
0.88 XA=4.86
2.24 BC=$5.97
2.6 BC=$11.77
1.13 XA=$30.68
3.6 BC=$70.86
1.27 XA=$90.66
4.23 BC=$214.8
1.41 XA=$257
1.6 XA=$1242
#HEX Bear market nearing completion!Gann Fann from the September top
has controlled the hex price, showing the various resistance and support lines which the price has respected.
#Hex can break free of the final Fan within the next two months!
We never got into the single digit territory, a front run from buyers stepping in.
Lining up perfectly for the much anticipated #PulseChain launch. Where it should be one the most liquid pairs with bridged liquidity back to #ethereum.
20-30 cent zone seems like a great price upon main-net release.
With price parity and staking rewards many people will see new ATH's on their portfolio values! Even after sacrificing for PLSX & PLS
Congratulations Hexicans!! Still only in it's third we have moved beyoind proof of concept, removed a good portion of speculators and with increased eyeballs from a new #Blockchain
Coin supply removed
A Hex price north of a $1 potentiality looks upon us within the coming 12 months :)
$COTI/USDT 12h (#BinanceFutures)Descending channel on resistanceCurrency Of The Internet just got rejected on 200MA and could reverse here.
coti.io
$KNC/USDT 12h (#BinanceFutures) Rising wedge on resistance Kyber Network Crystal is retesting previous Highs and seems likely to retrace down after that.
Current Price= 3.901
Sell Entry= 3.936 - 4.212
Take Profit= 3.460 | 3.050 | 2.640
Stop Loss= 4.587
Risk/Reward= 1:2 | 1:2 | 1:2.8
Expected Profit= +15.07% | +25.13% | +35.20%
Possible Loss= -12.59%
Fib. Retracement= 0.236 | 0.382 | 0.559
Margin Leverage= 1x
Estimated Gain-time= 1.5 months
Tags: #KNC #KNCUSDT #Kyber #KyberNetwork #v2 #KyberSwap #DEx #AMM #Marketplace #Governance #DAO #DApp #DeFi #BSC
Website: kyber.network
Contracts:
#ERC20 0xdeFA4e8a7bcBA345F687a2f1456F5Edd9CE97202
#BEP20 0xfe56d5892bdffc7bf58f2e84be1b2c32d21c308b
#Polygon 0x1c954e8fe737f99f68fa1ccda3e51ebdb291948c
Can RADIX Pull A Fantom?RADIX (XRD) is DeFi only chain just like Fantom. The project has huge backers, the big dogs and it has a strong community behind. I am not shilling the project, however, this project might have the potential to pull a Fantom like price action by 2023 if you can be patient enough and buy in increments. This is not a buy today get rich tomorrow project; it is rather a mid to long term hold project with a strong community and backers.
Best regards,
$JASMY/BTC 4h (#BinanceSpot) Falling wedge on supportJasmyCoin has retraced down from its last big pump and 200MA seems to be holding, let's enter for another possible run.
Current Price= 0.00000064
Buy Entry= 0.00000064 - 0.00000058
Take Profit= 0.00000079 | 0.00000091 | 0.00000103
Stop Loss= 0.00000049
Risk/Reward= 1:1.5 | 1:2.5 | 1:3.5
Expected Profit= +29.51% | +49.18% | +68.85%
Possible Loss= -19.67%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
Tags: #JASMY #JASMYBTC #DataDemocracy #PoV #IoT #Web3 #Enterprise #Payment #DeFi
Website: jasmy.co.jp
Contract:
#ERC20 0x7420B4b9a0110cdC71fB720908340C03F9Bc03EC
Next stop for $zil #zilliqa is .097?Looking like continuation of a downward trend? If Zilliqa can not break here we are going down? Looks like .097? Then even lower to .04? NFA
Tight compress, sturdy explodeOn 1H TF
BINANCE:GLMRUSDT has been happening the correction wave. It's nearly done with support at 3.4, perhaps.
And we also have a invalidation level below 3.0; that level is very important.
Right now, GLMR is moving up to 4.5 before it can break to further.
GLMR might be at 7.0 and further at 10.8. Both level are a golden ratio of impulse wave at 3.4
Wait and see
OTHERS - SLOW BLEED OR CONSOLIDATION?OTHERS needs to bounce here and otherwise next level on the trend line. Possible that this was a hopium bounce and we turn into a downtrend again.
