DEFI Index / USD Log Ascending ChannelDEFI Index versus US Dollar - Log Ascending Channel, using FIB channels as ladders and Heikin-Ashi Candles to take out the noise.
DEFIPERP trade ideas
DEFI Season 2300 Is a Place Wave 2 Will Complete ,I Expect a Huge Move Up For DEFI Projects In Near Future ,It Will Surprise Many Of You
DEFI to perform in the next few months?touch the trendline and the bottom of the GC around the end of august
Need a bullish divergence on the DAILY RSI to start ALT SEASONDividing marketcap of DEFIPERP / BTCUSD.
Once we get that bullish divergence on the daily RSI, it's gonna be party time for ALTS.
DEFI vs BTC - Beautiful Bullish Divergence!Last time we had such a beautiful bullish RSI divergence, we went up 300%.
$DEFI is toast: nice short...I think we are likely to see a massive move down in DeFi names, the contract issued by FTX is a nice way of riding the eventual move down, which can be magnified if we get some large protocol issue, or some unexpected black swan event causing a cascading decline of epic size as a gigantic levered bubble bursts. It is likely the best short in crypto, to profit from the bear market we are in.
Best of luck if going short.
Cheers,
Ivan Labrie.
DeFi index, wave 5 failure, this should crash even more a topical wave 5 fail
the whole structure must retrace
Muh Alts :-(It's that time of the year everyone. First targets are half off. This was a low risk trade at the .618 retrace. If stopped out, will look for shorts at .786 / .887 of the move.
Technical Analysis : As the market giveth, it will also taketh
Fundamentals Analysis : #elon2021
Would you short Defi here?!Defi has been for a long time in this box…and now we are at the bottom of it…I believe in upcoming months we will break this down and go even lower but honestly i believe in an uptrend for a short period of time.
I would not short fundamental Defi projects here at least for now!
Always a student…Lets see!
Defi is forming a triple bottom⁉️💎In one of our last Defi analyses we have shown the formation of the double bottom. After the price bounced off the 8500 resistance area for the second time, we can witness a potential formation of a triple bottom.
💎The critical support lies at 5590, which is confirmed by the 88.6% Fibonacci retracement level. As of yet, Defi respected the support while trading at the bottom of the 5590 - 8770 range. This might be the beginning of a new cycle, based on the previous market waves.
💎We must start to see is ...
About To Breakdown ,Be Caution 👉 Descending Triangle And Wave 5 From C On The Table ,It’s Not Bullish For Me Anymore
📥 I Expect a Breakdown To The 3k Level Then Huge Run For All DEFI Projects
defi perp 7599 important level.must hold.
if break below this zone.defi bear season.
if hold this zone first 9223 visit. if break 9223 target year open(10181)..
DEFI confirming strong bullish sentiment ⁉️💎The initial Defi Index forecast came true and the price moved up towards the 8167 resistance. Moreover, Defi broke higher and on the pullback tested 8167 level, where resistance became the support.
💎Such price action leads us to the conclusion that the .......
DEFI Season📡 Breakout The 8500 Strong Resistance Level ,It’s a Nice Bullish Sign For All DEFI Projects ,We Will Kiss 14000 Soon ,It’s a DEFI Season
DEFI - truly a unique low-risk/high-reward opportunity ⁉️💎The Defi Index could have completed a Head and Shoulders reversal pattern while forming a double bottom at 5542 level. This support aligns with the 261.8% Fibonacci retracement, applied to the last pullback before the final drop.
💎Today, Defi Index is testing the support for the second time, and for now.............
Time for DeFi to Rebound? This chart represents a basket of top DeFi projects. DeFi tokens are down bad from their bull run highs, but seem to be bouncing off an area of previous accumulation / support.
Will we get a bearish retest of the 200SMA? This would amount to a ~30% pump for DeFi.
Bitcoin or ETH could easily steal the show, but perhaps worth keeping an eye on!
happy trades,
CD
Defi perp triangle caseThis count expects that defi perp is actually in a B wave triangle right now. It is certainly an interesting one because of the degree to which is matches up almost exactly with the macro bitcoin count, so definitely watch this one too.
The message from all these counts is the same, however: Defi perp is expected to rise in price over the following few months. The only uncertainty is whether or not it will keep rising, or have a pullback at a later date.
Defi perp "bear" caseThis count expects that defi is in wave A of a larger flat correction, to be followed by wave B and finally back down in wave C. Wave B here can even travel above the highs, in the case of an expanded flat. The main thing to consider is that wave B MUST move in 3 waves. If it develops into 5 waves, we will no longer consider this count, and instead we will look towards the bull case.
Defi perp bull caseOur last idea for defi perp hit the nail on the head, and it crashed as expected. This was very good for everyone who sold off their altcoins, especially the shitty ones. Now the scene has changed, and we are setting up for a very interesting time.
The last rally off of wave 1 shot up SEVEN TIMES the entire prior rally. Does that mean it must happen again? No. But it does give us a general target to work with, so we are expecting for the moment that the next rally off wave 1 will also shoot up a similar amount into wave 3 for defi perp.
Mega reversal coming in DEFI vs BTC! Bullish on DEFIBeautiful bullish RSI divergence!
Double bottom formation
Probably means DEFI coins will outperform BTC for the next couple weeks/months.
2022 Is a DEFI Year The Setup Is Extremely Bullish ,Easily Will Up 2X From Here ,Breakout Will Happen Soon
