Get started

Perpetualswap

PERP/USDT Bounce in the crucial zone. Ready to upward Movement??💎 PERP is undeniably on our radar. After a notable bounce from the Bullish OB in the short-term, we've observed PERP's movement within a descending channel pattern. The recent 4H candle showcased a robust bullish Maribozou, hinting at a potential continuation of its upward trajectory towards the supply at $0.638. 💎 This level also coincides with the descending channel's resistance, making it crucial for PERP to breach both for a smooth sail to the main resistance zone. However, if PERP struggles to break this pattern, we might witness a rejection pushing it towards the nearby support, setting the stage for another attempt to break through. 💎 Should PERP revisit the Bullish OB in the short term and fail to maintain its stance, there's a risk of it dropping further to the demand zone around $0.45.
by MyCryptoParadise
Mummy Finance (MMY) Long mega potentialHello all perpetual lovers, this one is for you?! And it’s a risky one - Mummy Finance (MMY)…. but Mummy Finance checks all the boxes for potential exponential growth (as I see it). This perpetual exchange lives on Fantom network. I think many traders on Fantom network (including me) are waiting for a great perpetual Exchange - and here it is!? Mummy Finance is a fork of extremely popular GMX exchange (Arbitrum network). The look and feel is great and everything about Mummy gives me smell of success - no financial advice. When it comes to TA, we have almost no historical data. We can see a big explosion in price the last days. But I really don’t think the potential future exponential growing is priced in….All things considered increased traffic on homepage/twitter, trending volume, NFTs, staking possibilities isn't priced in. The most impressive key indicator is the revenue. $346,399 Dec 21st. Over 100K last 4 days!!! If a it comes a big pull back, I really think it could be a good time to take a small bet. But please do your own research!
MLong
by TaTaTaCrypto
XBT Trade the Range Short SetupFor the past 4 months we have been trading inside this ascending channel and broken out of it twice, once in October and November for our most recent ATH . Since then we have fallen back inside the channel and have tested our 58k region with a move to the downside . I would like to see 58400 level lost and see a move down to 55k eventually which will put us at the middle of the channel and probably test the 100EMA . Ultimately I would like to see a move to the bottom of the channel 50400 but its best to trade this level by level . Until then I see continued weakness in the short term but the key here is trade the range your given . Still scalp longs to be had off of the levels shown and short opportunity if we back test 60900 POC region . Know your Invalidation and Like and Follow for all market updates and analysis
BITMEX:BTCUSD.PShort
by SJTRADESFUTURES
DYDX & PERP - Narrative and fundamentalsAll over the world we have regulators attacking crypto. Slowly, but surely... More and more exchanges having mandatory KYC , shutting down derivative products for certain countries, closing down registrations and trading for certain countries, as well as having issues maintaining and launching new products. China has essentially completed and finalized its crackdown, but US is coming next and will probably go after certain exchanges like Binance the same way they went after Bitmex (big fines and prison time). Crypto is going against the state's interests and this was to be expected. That's why DeFi is so big and why decentralization really matters. Currently there are two major tokens related to 2 perpetual swap protocols which have been growing for some time. DYDX is the first one and launched its token fairly recently, while PERP is the other one and has been out there for some time. DYDX is at about 900M and PERP at about 800M, however DYDX is looking a lot better for many reasons. First of all DYDX has a much cleaner chart and is a much younger coin. It's making new highs vs BTC and is near ATHs vs USD, while PERP is looking more heavy. Now for this there are some fundamental reasons as to why things look that way, and that's because DYDX just over the last week has had 11x higher revenue compared to PERP. DYDX also has a few more listings and is a bit more liquid, so currently either DYDX is undervalued or PERP overvalued. In my opinion based on PERP's chart I think it could grow more and I don't think its valuation is that extreme. There is potential for both of them to grow as people might want to have a backup in case something happens to one of them. Both have had some major upgrades recently and have been doing pretty well, and in my opinion could continue to grow rapidly as Ethereum's scaling technologies could grow really fast as well. However the key takeaway here based on the current set of circumstances + the rapid growth + the relative valuations based on the current revenue, is that DYDX is undervalued and its price could appreciate a lot. Finally I'd just like to point out that there are big risks for both of those. On chain derivatives trading isn't simple and we all know how easy it is for a DeFi protocol to get hacked... So be careful with the amount of money you put in either of those and remember that there are no certainties here.
Long
by BitcoinMacro
1
BTC Analysis Short Setup HTF HTF BTC Analysis I think the best trade right now is no trade but we can plan for the move ahead of us . In this case I favour a short off of the daily level highlighted which is confluent with the fib level shown . After the move up to the said level I would be looking to fill a short with the targets down to the 100EMA and the POC depending on other market metrics at that time . Always know your Invalidation and use a SL Like Follow and Share is always appreciated
BYBIT:BTCUSD.PShort
by SJTRADESFUTURES
Perpetual protocol strong and clean uptrendPERP has a very beautiful chart vs BTC indicating tons of strength. PERPUSDT is also pretty good and looking ready for the next move up after this consolidation. If this one fails and there is a dip, below there is another major area to go long. PERP has a lot going for it, especially the fact that many exchanges are getting a lot of regulatory pressure and demand KYC, which means more people will won't to transact on different blockchain using different solutions. Perpetual protocol has been doing pretty well although it has competition. It seems like the layer 2 derivatives trading is growing and that's definitely positive for this sector as a whole
Long
by BitcoinMacro
BTCUSDT bearish modeHuge head and shoulder formation for btc on daily time frame which we broke to the downside and capitulated quickly to 28k. However the fast recovery gave me indications that e might breakback above 42k and eventually bange between 42 and 46k. However , we failed to break 42k region. meaning there is further downside. If we break 35k, aim for 26k for short play. place buy orders at 25k - 25.5k. if gets filled, you might have potentially caught the bottom of this bull market as i still fell btc can go upto 70k atleast. Maybe not immediately but over the next few months but that remains to be seen as we progress with price action because we need higher highs before that happens.
Short
by Airion
Dash Perpetual Futures Prepare for the 40 % Breakout Dash is currently Trading within a falling wedge and rejecting at the POC on the 4HR TF . On the 1D TF we can see clearly whats happening after ATH was printed we are now moving between S/R . I anticipate that we make our way down to print another LL with support and confluences at the support line of the wedge with the .786 fib and the 100 EMA and a Volume profile match to give us a bounce off the support. With a close outside of the Resistance for a Long and SL placed below the last swing low for a potential 40 % gain . This is determined by measuring the wedge opening . As demonstrated in the chart ... Follow and Like For More Setups and or Trading Questions
Long
by SJTRADESFUTURES