Harvest Finance (FARM) formed BAT for upto 16.5% moveHey dear friends, hope you are well, and welcome to the new update on Harvest Finance (FARM).
On a 4-hour chart, BTC has formed big bullish BAT .
FARMUSDT trade ideas
Harvest finance (FARM) about to get to plowing?What is FARM?
FARM is Harvest Finance’s governance token which allows token holders to influence Harvest’s treasury and the future direction of the protocol. FARM token holders are entitled to the 30% protocol fees.
What is Harvest Finance?
Harvest Finance is an automatic yield farming protocol that helps traders take advantage of the latest DeFi platforms with the highest yield.
Who created Harvest Finance?
Harvest Finance was built by a group of anonymous developers. The only visibility to the team is via a handful of community managers that volunteer their time.
What problem does Harvest Finance solve?
The DeFi space is becoming more complex as more protocols are being introduced. Harvest Finance aims to help non-savvy users yield farm and get the highest DeFi yield while saving time and money.
For users who are yield farming with small amounts of capital, it may not be the most effective use of time to constantly harvest yield from the various DeFi yield farms. Constantly harvesting yield will also incur high gas cost. Harvest Finance collates capital from various yield farmers to do yield farming more effectively saving time and money for users.
Market Cap $174,897,294
24 Hour Trading Vol $34,718,746
Fully Diluted Valuation $203,121,162
Total Value Locked (TVL) $493,881,834
Fully Diluted Valuation / TVL Ratio 0.41
Market Cap / TVL Ratio 0.36
Circulating Supply 594,485
Total Supply 639,924
Max Supply 690,420
This idea is based on a pennant pattern and the current sentiment of the market along with indicators on other charts such as the MACD and RSI showing bullish signs.
FARM - CHAD COINSomething I would like to bring to your attention is the " Harvest Finance Project " Although might seem like a meme coin, with a large TVL, large team. It was able to survive all major dumps and as well hack attacks.
This coin did break down in the last dump and broke the Triangle down. However, now that the market is recovering, we can see good gain and seems like each time this coin drops below 70$ it eventually pumps hard to 200 plus. Well, I'm not saying it will drop again it is possible.
We now see another Moving Average "200" forming and it is holding/having a bounce off it.
What I can tell you right now is that FARM will be $400 and has all the reasons to hit the 1,000 dollar level.
I will post updates and reasoning for each TA I do.
Smogster...
Buy FARM Sell Fiatt/p 205 weekly FV
52% APY
harvest.finance
r/r 6.23
HODL 13X
easy... patience pays in crypto
enjoy!!!
FARMUSDTEMA20 crossing upward EMA200 (LONG signal)
ENTRY: 287.16
TP: 336.86 (+ 17,3%)
SL: 265.56 (- 7,5%)
