BITCOIN Emergency Analysis (Update)🟢 Bitcoin broke the support of 41,300$ and EMA 200 started to dump from there. BTC was also unable to hold the 39,400$ support area. BTC needs to reclaim the 39,400$ and hold above it. The next support area is 38,200$ and the major support is 36,300$ area. We may see high volatility in the market during the weekend.
⚠ This analysis will be updated.
✍ Analyzed by Amirhossein
📆03.05.2022
⚠ DYOR
DEFI
Maker never outperformed ETHWill other DeFi tokens follow the same fate?
This chart is to be used as a reference for other DeFi project that choose not to change their tokenomics model.
FARMUSDT, We are in support zone areaHello everybody
This analysis has been updated at your request, dear ones.
According to chart and previous analysis, the correction exactly done and the price drop from 215$ to 90$ at this time because of the heavy bought and move upwards in sharp candle, the price made support zone area and we expect that the price can rise from here to reach to the target that we shown on chart.
But guys, becareful because the market is unstable and everything can be happen and PUT YOUR STOP LOSS BELOW THE SUPPORT LEVEL LOWER THAN THE LOWER SHADOW OF HAMMER CANDLE.
If you have question ask us
Good Luck
Abtin
Previous analysis :
$XVS/BTC 4h (#BinanceSpot) Falling wedge breakout and retestVenus is pulling back to 50/200MA support and looks good for another leg-up after, short-term.
Current Price= 0.0002292
Buy Entry= 0.0002301 - 0.0002203
Take Profit= 0.0002617 | 0.0002773 | 0.0003008
Stop Loss= 0.0001991
Risk/Reward= 1:1.4 | 1:2 | 1:2.9
Expected Profit= +13.81% | +23.13% | +33.57%
Possible Loss= -11.59%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 3 weeks
Tags: #XVS #XVSBTC #Yield #Farming #Lending #DeFi #BSC #BC #Launchpool
Website: venus.io
Contracts:
#BEP20 0xcf6bb5389c92bdda8a3747ddb454cb7a64626c63
#BEP2 XVS-795
#HDRN added to my position on this dip :)What is Hedron;
#Hedron (#HDRN) is a collection of smart contracts that live on the #Ethereum and #PulseChain blockchain(s).
Hedron builds on top of HEX to allow stakers to mint and borrow HDRN tokens against their active HEX stakes.
Hedron also allows stakers to trade their HEX stakes as #NFT tokens on any compatible NFT marketplace.
Hedron has no admin keys and no kill switches.
Just like HEX, Hedron is completely decentralized with zero counterparty risk.
Increasing amounts of liquidity is coming in on this newly launched #Defi protocol
Beware like most new airdrops there has already been lots of early dumpers
I have been testing the liquidity with 5 figure sums and the slippage is quite reasonable around 2.3% currently
Plenty of reasons to believe this protocol will be here to stay, more importantly with a 3-6 month time horizon these early day prices could prove quite profitable!
Polygon (Matic) Road back to ATH Potential +80% Gain
Polygon (Matic) Road back to ATH Potential +80% Gain. Beautiful double bottom chart formation has formed for Matic on the Daily, from the current price level we expect the 13ema to cross up above the 50sma signalling strong bullish momentum
Polygon (Matic) Road back to ATH Potential +80% Gain
Polygon (Matic) Road back to ATH Potential +80% Gain. Beautiful double bottom chart formation has formed for Matic on the Daily, from the current price level we expect the 13ema to cross up above the 50sma signalling strong bullish momentum
Avalanche (AVAX) Big Resistance at $100Avalanche (AVAX) like most of the market has been in a slow steady downtrend since November of year. Since then Avalanche has been struggling getting back past $100 and has been trading under the 0.5 Fibonacci level between $60 - $95 since the beginning of this year so far.
In terms of Total Value Locked (TVL) in DeFi Avalanche ranks 5th with a total of $11.22 Billion locked. Despite the market crash and volatility Avalanche has held over $10 Billion in DeFi locked since November 2021 and has remained pretty steady. There's a huge resistance for Avalanche at $100 and even though we've had some relief we're still not quite out of this downtrend for Avalanche until we can break past $100.
Much peace, love, health, and wealth!
RUNEUSDT, Its time to take decision ...Hello everybody
We backed with another analysis, one of the most powerful project that is working of LP base and want to solve this problem of Defi.
Its amazing project but ...
According to the chart and previous serial analysis we shown on chart that the price was moving in downward trend and until its not get out of this downward trend the price can reach to the lower price and now at this time we impact to the resistance zone and the key point level if the price can break this zone and pullback to it and continue it movement the price can temporary move in upward trend and the target that we shown on chart is on our way but if the price can not break this resistance level the price can drop to re-test again the support zone and if its not support in there it can drop more .
Previous analysis :
Observe to you capital management and if you need any help send us messages, our team will answer you as soon as possible.
Good Luck
Abtin
GREATEST BUYING OPPORTUNITY FOR THORCHAIN! - $RUNE ANALYSISChart above us is what we call a Fifth Wave Extension Impulsive move.
Basically a fifth wave extension impulse move has the fifth wave to be the longest of the 3 impulsive moves to the upside and wave 3 to not be the shortest, which leaves us with wave 1 being the shortes of the three
At the End of a Fith wave extension move, Price usually retraces the entire move, i.e from the start of the fifth wave to the end of it, which means we can expect a 100% retracement.
However, it also says that Wave 5 always retraces 61.8% which RUNE hasnt done so far and would have us our first buy orders at the 61.8 region before even dreaming of a bottom (tho i bought some at support on the dip)
We can place orders at the 0.764 fib support region as there was a lot of volume traded there, and should hold as support and as a worst case scenario as seen below
Note that in a fifth wave extension, it is very important that there is no overlapping.
Should note also charts like this are a reason I'm still bearish on Bitcoin.
check out the Bitcoin analysis below.
If you agree, pls leave a like and share your thoughts in the comments.
Feedback is always appreciated.
SOLIDbullish accumulation on this fundamental gem project that just launched from andreconjre
volume looks great, taking the 1st ema from some prelaunch pricings or something
bullish af imo
LUNAUSDT SIGNAL/TAPossible Short position for luna it had a great pump and now there is the weekly resistance, I think it won't break it and go back down.
1INCH IS A STALLION, $30 DOLLAR MOONSHOT (12X)HELLO FELLOW TRADERS & HAPPY HOLIDAYS!
Today we will consider the trading pair 1INCH/USDT
Almost a year ago (just 3 days from now), 1INCH was listed on binance on christmas day with an opening price of $0.2 and shot up to $3.089 in that same day. Fast foward a few weeks/months later and 1inch would go ahead to make new ath's of $7.875 in May making it a +3800% growth in price from the day of listing.
After a slight correction, 1inch found itself trading just around the 0.382 fib retracement support level . making a low of $1.618 late july.
should that be the bottom for the DEX coin, we can say the +3800% increase in price serves as a first wave extension (as long as it doesnt touch the 0.5 fib support).
Should this be the case, we can then proceed to take our fib tool (green fibonacci) and measure from starting point of the blue fib( ath ) to the 0.618 level (red) and target just under the 1.618 resistance level (black) for our wave 3 target, giving us a target of about $30.
If you agree or do not agree with this idea, pls leave your thoughts and comments below.
A like would go a long way and will be very much appreciated.
Check out other ideas linked below😉
MERRY CHRISTMAS AND HAPPY HOLIDAYS🎄
⚡️⚡️ #RAY/USDT - Potential 85% ⚡️⚡️⚡️⚡️ #RAY/USDT - Potential 85% ⚡️⚡️
#BLOCKSHOT
Signal Type: Spot - Long
Exchange: Binance
Note: Bullish Weekly Pivot || Bullish RSI Divergence || Strong BTC Movement || Lots Of Long Orders Coming In
Entry: 2.35 - 2.65
Target 1: 2.88
Target 2: 3.17
Target 3: 3.84
Target 4: 4.38
Stop-Loss: 2.00
"Good Things Come To Those Who Wait,
Great Things Come To Those Who HODL"
#HEX signs of bottoming from #volume flow indicatorKeep a eye on this on your own charts!
a simple return to the zero line will yield some nice gains.
Sustained time in the positive zone will start a new Phase of the HEX lifespan.
And beckon the next wave of wealth to be created
(setting up for those participants to exit and start another bear cycle)
from what heights will the next bear phase begin?
Simply when those paper profits are so big that they will cause profit taking that overwhelms new entrants into the system again.
LUNA major upside potential - Weekly ConsolidationLUNA holding the 200 day MA pretty nicely, consolidating on the weekly. Might I say it could see a new ATH this year, unless we have to revisit $22 first. Short to midterm bull, still bearish on the overall market and trend. Looking for that dead cat bounce rally.
#HEX : To ride these cycles , you need to get on your bike!#crypto is not a spectator sport if you want to win at this game.
Ability and experience riding these bumpy roads is crucial for longevity and crucially to wherewithal to make these X's!!!
Overall I feel this bearish sentiment for the general crypto market will to shall pass
which is at this point we have to admit has been a drag somewhat on the HEX price.
But Hex is proving once again, that it is not Regular S coin
and a attack on all time highs is coming at some point this year
KCS - Detailed Video Analysis!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for KCS, feel free to request any pair/instrument or ask any questions in the comment section below.
Fundamentally KCS / Kucoin is doing great too!
As per KuCoin Labs: Integration of Metaverse and DeFi Will Be a Major Highlight in 2022
“KuCoin Labs takes its role in promoting the development of the whole crypto industry. We incubate and invest in innovative projects, guide their development to their maturity where they would bring the best of crypto. As one of the top investment institutions, KuCoin Labs team gathers professional research on a forward-looking journey, unceasingly diving deep into every aspect and detail of a vertical. KuCoin Labs aims to be an integral force in building the future of Web 3.0.”
Said Lou Yu, head of KuCoin Labs.
Best of luck!
Solana At Support!Solana is currently trading in a parallel channel and has sold off directly to support. This is a project. Being at these levels I can expect SOL to bounce from here.
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.