EARLY BUY Signal on AAVEUSD. R:R = 4.01This trade is part of my evaluation that VALUE trades will do better in 2022. DEFI was hit hard last year and is starting to get some interest from Institutions. Also looks like the Finacial sector in stocks are heating up and the quest for yield should help DEFI have a resurgence in 2022 as Interest Rate Hikes loom on the horizon.
This trade is an EARLY BUY signal. This is NOT YET CONFIRMED. This BUY signal stems from the break of the down trend on MACD as well as the Breakout of the GIANT WEDGE as price has consolidated. MACD is rising and looking to want to break above ZERO. Price is still below resistance lines at $273-$304. Need to break above these levels before this trade is confirmed and where I will ADD to this trade. For now relatively LOW Risk to enter with a small position.
Downside risk is to the $165ish range. I have placed my SL at a conservative $137.06. Entry Price was $235.19. Despite this WIDE SL the upside Target Price = $629.
Entry = $235.19
SL = $137.06
TP = $629
DEFI
COMP Harmonic Idea ?Messing around with Harmonic Patterns
Still new and learning.
I see a possible bullish shark on lower time frame.
i would like to buy in the purple area.
Take profit = yellow lines.
190 TP1 194TP2 areas.
Stop loss = red area.
Always look for signs of bull and bear divergences , etc.
Patterns and price action will perform better under different variables.
HOWEVER IF BITTY DUMPS THIS WILL NOT PLAY OUT.
BITTY THE BULLY.
RESPECT THE OG BIT .
www.tradingview.com
U C What I C? $CREAM regains its Glory
The promise of $IRON has resulted in daily positive news as staking rewards propel buyers towards 2-4 year holds!
PROFILE
C.R.E.A.M. Finance is a decentralized lending protocol for individuals, institutions and protocols to access financial services. Part of the yearn finance ecosystem, it is a permissionless, open source and blockchain agnostic protocol serving users on Ethereum, Binance Smart Chain, Polygon and Fantom.
SRM: Near-Term PT $15Diagonal / wedge structure that has a remarkably similar shape & feel to May - July has a near-term target of $15... SRM just received a major investment ($75 Million) from Tiger Global. This is one of the largest Hedge Funds in the entire world with $95 Billion in Assets Under Management (AUM). The reason this is a big deal for the state of DeFi / Crypto is that this is one of the most mainstream investors in terms of views on crypto that we could have enter the crypto foray. This is just as big as Dalio who has so far only dabbled his toes into the crypto space. A $75 million investment in the Serum Protocol is not just a mere dipping of toes but a full on swan dive into the pool. Most VC backed ventures only raise $1-3 million dollars in total. This shows the extreme confidence from one of the smartest minds in the world. Believe me, Tiger has a field of analysts that are 10x smarter than the rest of us, and they are going with the narrative of investing in geniuses like Sam Bankman-Fried who is the mind behind SRM and the Serum Protocol that on the surface appears to only be a DeFi trading project in reality is MUCH bigger than just DeFi. The entire ecosystem has many different projects using the Serum Protocol as its central engine. SRM is built using the Solana Protocol which currently boasts 65k TPS.
In my view Serum will overtake all DEXs (with their bloated fee structure and much slower finality in trading) on ETH protocols... which at last view if we just add up the market caps of the top 3 (Pancake, Sushi, and UNI), we get nearly $15 billion in market cap. Knowing that SRM is at 65k TPS and is scaling to 1 million TPS and 1 billion users and has major minds like SBF and Tiger Global behind it - I fully expect to see SRM dominate the DEX space in 2022 and garner 80% market share of all DEXs... let's just say that all DEXs today have a value of $40 - $50 billion. At 80% that means SRM could rise to $32 - $40 Billion Market Cap in 2022.
At the current market cap of $400 million that means a price of approximately $30. Uniswap reached a market cap of $22 Billion USD at its height but remember, this was on the ERC-20 protocol which is bloated, slow, and VERY expensive per trade. SRM is essentially free to trade, extremely fast, and is scaling to 1 million TPS in 2022. We could easily see a $40 Billion valuation in 2022 in my view and a PT of $30 in intermediate term.
Institutions in CryptoHi!
During every market selloff when fear is great there are also good opportunities to those who are not controlled by fear.
Wanted to point out one of them. This could be one of the most exiting projects in Crypto this year.
Side-note: I am holding their tokens since public sale and I'm bullish on that project. This chart shows pretty well
how I like to operate in Crypto markets and you can read about it from my previous post:
Recent market selloff has brought QRDO price down and to me it is in buy zone (I have long-term view).
Basically they are providing the most secure custody for digital assets and they are mainly targeting institutions. But regular people
can use their solutions as well. I'm using their wallet to store QRDO tokens and everything works like clockwork. In addition to that,
simply just holding your QRDO in their wallet will earn you staking rewards 10.1% APY.
I have been with this project since their public sale (July 2021) and I'm very happy how this project is developing. Few months ago
they had 10k Twitter followers - currently it has grown into 47k (social engagement is good).
They have made partnerships with some of the biggest names in Crypto: Coinbase, Figment, Metamask Institutional and Ledger Prime. They even have exposure on
country level as they are providing infrastructure for El Salvador to power Bitcoin banking solutions.
Quote from Bloomberg (06.01.2022): "Security concerns - not volatility and regulations - are holding investors back from Crypto." But institutions
are coming, it is inevitable. And QREDO is ready - in terms of timing and product market fit.
Currently they have quite low market cap, approximately $168 million. As I see their valuation in billions then still lot of upside potential
remaining.
As always, DYOR (do your own research), I'm just pointing out that trading/investing idea.
Thank you and enjoy your trading :)
AAVE MariaAT A GLANCE: Going through some tickers setting alarms and tracking. Fun little run up. These are a couple bullish ideas im seeing at the moment. Breaking below the previous neck line and flipping it to resistance, would not be ideal but will have to check the context if the alarm goes off.
SIR LONGALOT EYING QUEEN SHITCOIN SAFEMOON FOR NEXT LEGNever traded on any of those DEFI platforms and not arsed ever figuring it out BUT this looks hot as fuck.
Break out of range and use it as base to push ta fuck
Sir Longalot spies this mega pump GOD ENTRY mover
Small pull back very likely during the weekend We are in bad territory, but we need to breath before going down below 40k.
I also believe that just the fact that financial markets are closed and bad news usually come up on Monday,
we could have a small pull back initially to 43500, to maybe forme an inverted H&S and target 45k-47k max.
I am not bullish at all since when we broke the support, but BTC usually comes back to test it before initiating the winter.
I would not short now, actually closed my shorts at 41k.
LUNA and SOL are my picks as well.
$BNB/USD 2D (Binance Coin-Futures) Ascending triangle on supportBinance Coin is accumulating and holding above 100EMA for months now, it's likely to make new All Time High next year, let's swing!
Risk/Reward= 1:2.5 | 1:3.61 | 1:5.83
Expected Profit= +60.52% | +128.76% | +247.49%
Possible Loss= -24.26%
Fib. Retracement= 1.117 | 1.414 | 1.764
Margin Leverage= 1x
Estimated Gain-time= 5 months
www.binance.com
⚡️⚡️ #BNB/USD ⚡️⚡️
Exchanges: Binance Coin-Futures, BitMEX
Signal Type: Regular (Long)
Leverage: Isolated (1.0X)
Current Price:
525.800
Entry Zone:
527.931 - 464.347
Take-Profit Targets:
1) 796.4
2) 1134.96
3) 1724.05
Stop Targets:
1) 375.79
FEEF Token Analysis 15/04/2021Fundamentals:
Reef is a DeFi platform built on Polkadot that aims to deliver cross-chain trading. A yield engine and a smart liquidity aggregator are among the project’s offerings.
Work began on the project in the second half of 2020. Those behind Reef argue that the process of trading, lending and staking crypto is currently fragmented — creating “a painful experience for all of its participants.”
Reef aggregates liquidity and provides automation. It also aims to address the drawbacks associated with existing trading platforms. While centralized exchanges are prone to security breaches, decentralized rivals can lack liquidity and are often difficult to use.
Reef is geared towards newcomers, as well as current DeFi users who find it difficult to keep up with the best investment strategies. The company also wants to tackle the high gas fees that are seen on the Ethereum blockchain, which some claim renders DeFi protocols “unusable.”
When it comes to Reef’s unique attributes, one is linked to how any DeFi protocol can integrate into its operating system. Users can enter and exit into their chosen positions in a single click — and removes some of the hassle associated with managing liquidity pool tokens.
Because of how it has been built on Polkadot, Reef is able to support DeFi protocols on Avalanche, Moonbeam and Plasma, as well as on Ethereum and the Binance Smart Chain. As a result, Reef users have access to a broader number of platforms without requiring multiple accounts and a myriad of usernames and passwords that can be difficult to keep track of.
Reef was founded by Denko Mancheski. His motivation was to remove technical barriers to entry for retail investors who want to get involved with DeFi — and offer a straightforward decision-making process that takes a user’s appetite for risk into account.
Mancheski wanted to help crypto newcomers overcome the complexities associated with using order books, and enable them to learn how different protocols work with ease.
Born in Macedonia, Mancheski said that his passion for fintech led to him being introduced to blockchain technology. He has described forming a competent team as the biggest challenge associated with bringing Reef to life.
When asked about the personal attributes that will help him become a successful entrepreneur, he added: “I have a very addictive personality — I just can’t stop doing something until I get to the imaginary goal that I set for myself.”
Mancheski previously worked as a chief technology officer for Adel, a global crypto community that serves as a “technology incubator for blockchain innovation.” He was also appointed as CTO for Viewly, a social video platform without advertisements.
Technical Analysis:
there exist a Hidden Bullish Divergence of price and MACD Lines i.e. the bullish trend will continue as it show the ReAccumulation and price move up
there total of 4 targets defined by Fibonacci Projection where as we may have ample of Retracement in between
on TP we may have Distributions and Price Corrections.
3 TP gest it confirmation as the price Triggers the 2 TP followed by some price correction and Distribution.