Perpetual
DEFI GEM - UNISWAP - UNIQUE OPPORTUNITY FOR EARLY INVESTINGHonestly, I am not able to say whether the DeFi trend can continue like this. However, we still are on its early stages, hence, if it really reveals to be the new BIG THING, it can still grow exponentially. If not, we will see it blow up as the ICO trend. As of now, I think the hype is sustainable as the DeFi idea is really interesting in the future perspective it is still a relatively small capitalized market, hence a steep growth is normal.
Philosophy aside, among all DeFi projects, Uniswap really hit my eye as very undervalued compared to the others due to its performances. Indeed, it is already in the top 3 DEX (decentralized exchanges) around there by assets locked in it. Huge. The reason it is still undervalued is that it does not have its native token, does not show in the major sites standard crypto investors use. However, in the last 3 days it doubled the number of assets used as collateral (locked) in it. However, the price on the chart did not keep up with this, showing a 30% growth "only". Even considering the lowest price of the last few days, the target should be 48,000 in order to have that 100% growth reflected in the price.
This represents an unique opportunity to enter a hyped trend with an undervalued gem. It is like being able to see 3 days in the future. I hope to be right.
As I said, the great thing is that Uniswap is one of the few that does not have a token yet, and the only opportunity to buy it is on FTX only (check the status for help on this).
When Uniswap will eventually issue a token or other major exchanges will start to quote the perp-future, it can really be a crack.
I am putting a small chip on it right now.
[$ETH] Keep It Simple with EthereumHello Guys,
Long time , no see , many projects on the side for you guys in order to get more assets and insights to leverage your knowledge !
Keep it simple
Green : Bullish scenario
Red : Bearish scenario
Here I won't go into details, DM if you want to discuss.
Stay safe, Trade Safe ,
PEACE !
BITCOIN === WHATS GOING ON?? definitely thinking down a bit here... where too is the question.
2 levels i think... first i think it might plow down through it at, around 9k. although it already took a fairly nice bounce lower, the indis i have for the strat are definitely starting to show some signs of bearish moves coming
second is back down to around 8-8.2k, which, i personally see as being a bit more realistic... either way, we have broken that trend line on the daily... unless we see a SIGNIFICANT bounce on there tonight up and back inside the trend, i am defo bearish for the near future
tell me your thoughts guys :) if you think different i wanna know :D
50% retrace or time to pop?so after a nice run up here, the algo that i use is pointing to some strong resisitance at the 10.5k marker.
With the usual behaviour and sentiment around 10k of dumb money movement, we can expect (as per usual) some potential manipulations,
with lower time frames showing a few almost significant pump and dumps too..
Long vs Short positions still lie in favour or a bull market, which is another reason i feel we may be due a retrace.
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Daily analysis XBT/USD 011Hello Everyone,
Quick look at the hourly charts.
Flag pattern takes shape more and more, with the pole on the 23rd of April, we're now at the midway between the top resistance(kinda strong and respected with 4 touchpoints) and the nearest support at $7627.
I see a short opportunity here, however with tight stop.
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LONG - ETC - Trading OpportunityWith BTC's last pump, it allowed FTX:ETCPERP to open above the MA50 on the 4h chart and retest it, which is a strong bullish signal, expecting a move up to the next resistances.
Entry: 5.4
Target 1: 5.927
Target 2: 6.627
SL: 5.227
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Bitcoin UpdateTo be honest, it is really hard to trade in the market right now, but I discover and found out thru the pattern and volume trade .
Bitcoin might be move into ABC correction, from A to B point might hit at the highest close resistance line., the C is still unknown since too much of issue and news effect, my C target will be touch down the lowest support.
Bitcoin Hourly Pivot and Resistance Chart (Hourly)For the Perma Bulls, this is your price range to break $9,729-9,768
A final chart to compliment pre-existing authored one's for today. Thus far a good efficacy rate has been obtained as per trending conformity, with areas of key resistance identified. This chart elaborates a bit with respect to more detailed indicators, and highlighted areas such as, zone to break to reverse to the upside (Unlikely, and if so, scam city), expected target to hit on the hourly before 24:00 GMT.
It is always hard to time when price movement will occur, as bitcoin likes going sideways for years, and then resumes its trend. What can not be disputed is a bearish trend after we had three consecutive TD 9 sequential counts on the daily, followed by a 4 count pullback, and still continuing with intermittent periods of consolidation and capitulation.
Safe trading!
More Lines Than EscobarTrend lines GALORE and fib retracement tool, which is fairly self-explanatory however; let's expand.
0.618 rejected, which previously acted as support so we know for the interim $9,666 is a key area of interest to break to validate a temporary reversal, with a higher high holding above the bearish trend line, and breaking to the upside, which i doubt very much.
Why three lines?
Well, from an observational point one can quite clearly see the interaction between the significance of these legal lines that won't land you in jail, or out of pocket, but rather yet, a directive guide which helps to inform if bearish sentiment is to resume.
If you're long you may be wrong, but either way I don't want to be caught, so I'm ducking out, and short.
Good luck
Zoom outThis is just one of the possible scenarios, no1 is sure what will happen, so keep that in mind.
Recently we had a parabolic advancement, they usually retrace more than 80 proc in any markets. There is an unfilled gap at spike from 4 - 4.7k, having is coming in April, 86 proc BTC already mined. Whales need to accumulate as many BTC as possible from retailers, easiest way is to induce market capitulation. Keep in mind that derivatives market (futures, perpetual contracts..) is 18x bigger than spot market and has a huge impact.