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Moonwell / Tether

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WELLUSDT trade ideas

New alt postion Well (moonwell)After realizing we are about to be in full blown alt season I am adding some risk and spreading some bets. Well is a more fundamental pick for me, they are on two popular chains, base and moonbeam. They also have a high amount of TVL in their stablecoin lending products. I have started to deploy my USDC into this risky bets. TA wise I like this setup, we see a break from a rising bottom, and higher highs. Plenty of room on the weekly stochastic, and BBWP is not at extremes.
Long
by Apollo_21mil
Moonwell Enters Price Discovery! 600% within 1 week?Don't be fooled by this recent pullback. The KUCOIN:WELLUSDT / COINBASE:WELLUSD (Base's Moonnwell lending protocol) is set-up for an incredibly bullish run! • Price is at the upper bollinger bands . When a strong uptrend starts, the price tends to "ride the upper bollinger band" for weeks, if not months. • Golden cross on the daily chart + On Balance Volume confirms healthy uptrend. • Moonwell is a Circle (stable coin issuer) partner and core #DeFi infrastructure of the Base Layer 2, along with #Aerodrome. • When Aerodrome entered price discovery mode earlier this year, it did a 31x (yes, over 3100% surge). SPARKS:AERO 's first major leg started on a Monday – and price did a 7x within just five days! (Before moving much, much higher). If you are not in Moonwell, now is your chance to enter before price discovery mode.
Long
by couldntcomeupwithone
1
Moonwell $WELLNYSE:WELL is in a good position to become a frontrunner. The last few weeks have seen resistance taken out. this sets us up for the next two. The next one is at $0.0635 and then there is only one more, the wick top at $0.346. That would be the end of the cup, only the handle is missing as consolidation. After that, the 4.618 fibs should be approached at $1.59 in the ideal scenario. The target zone must start at $0.56. This means that profit-taking makes sense from then on!
Long
by ChartScope
13