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DeFi Index Perpetual FuturesDeFi Index Perpetual FuturesDeFi Index Perpetual Futures
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DeFi Index Perpetual Futures

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DEFIPERP trade ideas

DEFI Index, Potential Reversal Firstly Testing Further Levels!Hello Traders Investors And Community, Welcome to this analysis about the DEFI Index, we are looking at the hourly timeframe perspectives, the recent events, the established formational structure, and what we can expect in the upcoming times. The index on the more global perspectives has approached highly overbought areas and recently struggled to maintain further with initial setbacks that should not be underestimated here, this is why I discovered an important formation that can firstly lead to a change in direction and testings of further levels, therefore I detected all the important levels and likely outcomes we should consider within the established structure and the upcoming movements ahead. As when looking at my chart we can watch there how the Index is now forming this major ascending-triangle-formation marked in my chart in blue with the coherent wave-count within the formation already completing the waves A to C and is now setting up to form the wave D within the schedule which will run directly into the strong support-zone marked in my chart with the blue box which is likely to be the origin of the wave E to the upside, this wave E will run directly into the dynamic-resistance-zone where the wave-count will finalize and has a high probability to indicate a bearish pullback to the downside as it is marked in my chart, when this pullback then does not manage to hold the range and moves below the lower boundary it will complete the whole formation and activate downside targets with further bearish pressure ahead, when these are reached it has to be elevated if the Index manages a stabilization within. In this case, it is possible that there comes the proper back-up and the index moves on to test higher levels however it is of extremely high importance for the Index to hold the support and do not fall below it because this will invalidate the bullish perspectives firstly. In this manner, thank you for watching the analysis, many thanks for everybody supporting, have a good time and trading, all the best! "The high destiny of the market is to explicate rather than to speculate." Information provided is only educational and should not be used to take action in the markets.
FTX:DEFIPERP
by VincePrince
11
Crypto trading strategy update - 17 January 2021Most of my trading will be 'set and forget' - passive positions which I aim to keep for 3 to 6 months. I will scratch my active trading itch with a small 'acting trading' bag I can play around with. Likewise, any other strategies (for example, buying Uniswap stuff) we'll allocate a small amount of time and capital to scratch that itch, too. But my principal trading strategy will take up 90% of my time, energy and efforts . I. Strategy The Monthly Session (3-4 hours) Have a Monthly Session to: Do a review of how the trading strategy is going and post this to TradingView. Cover: Macro analysis of the market. Try to determine where we are in the bigger market cycle. What's my current portfolio. Does it need rebalancing? What are the bigger trends that are impacting the markets - look to anticipate emerging trends. Learn trading skills from one (1) trusted source. For example - Fibonacci extensions. Practice this skill in the moment on interesting charts (For example, UNIUSDT). Use this as a guide to the next 30 days of trading. The Weekly Session (1 - 2 hours) Have a Weekly Session to: Chart the majors - BTCUSD, S&P and DEFIPERP Do any active trading that's required by my trading plan (entries, sells) Manage and update my watchlists Go back over interesting research or tweets and write them up on TradingView I will also need to go through a series of pre-determined questions, in order to make sure I'm not losing focus on important points. For example - 'what trend is emerging that most people aren't looking at right now?' 'What market is running hot and what's going to run hot shortly afterwards?'. So on, and so forth. Every day - casual research (20 - 30 mins) If I have time, do a bit of research from trusted sources. Like interesting tweets from trusted sources on Twitter. This should then be worked into the Weekly session. II. Organisation Trello for the big picture I will use Trello as the central hub for all of the work I'm doing - use cards to keep track of active positions, watchlists, logging trades. I will also diarise all my trading sessions using Trello to make sure they happen on time and on schedule. TradingView for charting, keeping a journal and setting out research I'll use TradingView to document everything that I do, all of my trades, all my thinking. I'll print off everything I've done on TV every year so that I basically have a 'trading bible' that I gradually develop that catalogues all my wins, failures and learnings. Twitter and Telegram to keep my ear to the ground I will only follow decent and credible sources in order to stay in a mature trading mindset - won't follow shills, idiots or moonbois. I'll create lists to follow and will 'like', retweet or screenshot anything decent. I'll then return to that in the weekly session, and try to write up and make sense of the picture that's formed by that chatter so that I have ownership over that information. I'll also update my Trello watchlists. Multiple exchanges to spread cross-party risk I will make use of multiple CeFi exchanges and other services to spread risk and benefit from different markets. I will use every emerging DeFi exchange for at least one trade, in order to benefit from future airdrops. Excel for all records Yes I know this is really old-school but I want to get into the discipline of actually going through and manually calculating all records. This actually makes me think through trades more carefully than if it's in the background. - That's it for now. I will keep updating this strategy throughout the year!
FTX:DEFIPERP
by theponzimaster
DEFI Index, Triangle Completion, Setting Up To Form Next Moves!Hi my friends, Welcome to this update-analysis about the DEFI Index, we are looking at the 12-hour timeframe perspective and since the previous analysis the Index fully completed the wave-count within the triangle to bounce from the important cluster and finally form the breakout above the upper boundary to close there, these where great initial moves, if you did not see the analysis already I highly recommend it to watch to have a full-depth-overview, now we are looking at the important levels and likely outcomes we should consider further. As when looking at my chart we can watch there the price-action of the Index now fully above the upper boundary of the triangle and the breakout fully emerged, this was a solid breakout and what not seldom happens after such price-action establishes and such a formation completes is a pullback to the breakout origin anew to confirm it and move higher to the upside from there, such price-action is also likely to happen here and it will fully confirm the triangle-formation when the index bounces from the upper-boundary as it is marked in my chart, from there on the index is likely to continue bullishly and point to the upside targets in the structure mainly lies within the 3190 levels as marked in my chart from where a pullback is not unlikely to establish and should be expected as traders taking profit and the market reaching the targets. When this pullback emerges it has to elevate how the market continues and if there comes a good bullish stabilization further which has currently high potential to emerge. The index has developed some solid signs and is setting up to continue with the established pace, such as formational structures and technical validations are important to assess within the market because not every trading-pair is forming such formations within the market. In this manner, thank you for watching the analysis, have a good start into the New Year 2021, many thanks for all people supporting, all the best! "Good luck is when opportunity meets preparation." Information provided is only educational and should not be used to take action in the markets.
FTX:DEFIPERP
by VincePrince
2
DEFI INDEX, Here Is How The Next Waves Can Develop!Hi my friends, Welcome to this analysis where we are looking at the Defi-Index, we are watching the 12-hour timeframe perspective, the recent events, the current formational structure, and what we can expect in the upcoming times. Since the Defi-Index showed up with heavily exaggerated downside volatility and managed to stabilize from this again already it has now formed an initial wave-count with a very interesting formation forming within the major wave B of that wave-count, when this formation completes the next assessments can be made and the Index can show up with the further movements ahead however this needs to firstly fully validate before moving into the direction, therefore I detected all the important levels and likely outcomes we should consider. As when looking at my chart we can watch there how the index is building this huge triangle-formation marked in blue in my chart with the coherent wave-count established within the formation already completing A-C with several bounces from the lower-boundary and the 70- as well as 130-EMA which are the 35- and 65-EMA from the daily timeframe building solid supports within this zone. Now the Index is about to form the major wave D in the structure where it will move on with the particular waves lead into the upper-boundary and testing it anew, this will lead to a pullback and the wave E forming which will finalize the whole wave-count and in the best case bounce strongly within the back-up-cluster marked in blue in my chart, when the Index manages to show up with such price-action this can lead to a great bullish breakout completing the triangle-formation and pointing to upside targets as it is marked in my chart, in this case, it is from extremely high importance that the index does not close below the boundary and move into the bullish-invalidation-zone because it will invalidate the final C-wave-development. The Defi-Index is in a situation where it has developed some initial strong moves which can build up further when the Index evolves under the suggested circumstances it can especially on the middle-term develop some good bullish potentials however there are still this strong resistance-layers lying above in the structure where bearish pullbacks with prospected downside price action should not be underestimated, this is why new highs may wait till the Index has finally confirmed further movements and especially with the upcoming developments we should also be prepared on possible swift changes in direction and bearish reversals coming in. In this manner, thank you for watching the analysis, have a great day and weekend, all the best! "The high destiny of the market is to explicate rather than to speculate." Information provided is only educational and should not be used to take action in the markets.
FTX:DEFIPERP
by VincePrince
2