DEFI-nite

DEFI-nite Updated 

~ Waves did not hold its support of $18 and currently on a downward trend shows in RSI ~ MACD still signaling a selling bias ~ The coin also establishes bearish divergence and a rising wedge pattern ~ This may take time because of low volume since it's weekend ~Enjoy your weekend everyone!

DEFI-nite Updated 

~ Luna may continue it's downward bias on higher tf ~ In lower tf it forms a head & shoulder which is a bearish pattern ~ MACD shows weakening of buying pressure in 15 min tf

DEFI-nite Updated 

~ Bullish Convergence on 1hr tf ~ Bounce at 74.57 price level & major support so i'm looking for a bullish uptrend into this coin because in daily tf it may breakout in a few days ~ This can go into it's next resistance area at $74 then a pullback may happen and a possible breakout on the daily tf ~ BTC may also drive the bullishness of this coin once it broke the...

DEFI-nite Updated 

~ After a downward bias of this coin this holds at the support of 1.5965 ~ RSI shows an upward bias from an oversold area and MACD also agree with a high buying volume in 1hr tf ~ If this go into next resistance level at 1.8954 this can be corrected on its previous support and will form a head & shoulder pattern ~ When this coin establishes head and shoulder...

DEFI-nite

~ Since BTC breakdown on its trenline support and currently on a consolidation phase this can form a Head & Shoulder pattern and soon a potential breakdown ~ Once 38,500 support line was broken this can potentially go down to it's next support at 35,000 which is it's previous support ~ Also this can be affected by FED hike interest rates to fight inflation on...

DEFI-nite

~ ATOM will continue it's downward trend and having it's pullback to 31.58 ~ Once the correction on 31.58 is confirmed we can entry to a shorting position ~ Also on a daily tf Moving Average 50 & 200 Death Cross on the particular candle which indicates a bearish signal ~ On a pattern perspective Rising Wedge is a bearish pattern and the coin already breakdown...

DEFI-nite Updated 

~ Can BTC hold in 41,100 and go up in 48,000 ? ~ What if BTC broke its trendline support at 41,100 and go back into 38,500? ~ MACD is still bearish and RSI still in a downward trend ~ Breakout in Ichimoku Cloud seems corrected and not valid ~ Let's wait on what direction can it move, What are your thoughts feel free to share or comment your insights.

DEFI-nite Updated 

~ RUNE may continue it's uptrend bias ~ Forms a double bottom pattern in an hourly tf ~ Divergences may invalidated beacuse of the bullishness on daily tf and this forms a bullish pattern ~ Once the double bottom breakout was confirmed we can entry on its pullback on 5.8 price level ~ RSI can make higher and there's a lot of space upward and it's just on RSI 61...

DEFI-nite Updated 

~ AAVE shows a possible bounce on a 127 price on its.618 in fibbonacci and shows a strong support ~ A Bullish Convergence on a 30 mins tf, but as you cans see when you zoom out the chart on a daily tf you can find that there was a huge righthand there so there is a lot of potential for this coin to go up and when it breaks out this can give a massive gains ~ RSI...

DEFI-nite Updated 

ATOM SELL SHORT ~ We're seeing a bearish divergence on this chart @ 2hrs tf ~ Forming a Rising Wedge (bearish pattern) ~ Weakening buying pressure shows on MACD Indicators ~ RSI on slightly overbought in 2hrs tf currently @ RSI 63

DEFI-nite Updated 

WAVES/USDT 2 Possible Scenarios SELL SHORT ~ Waves formed a bearish divergenece and currently it is on the over bought area of RSI 80 @ 4hrs tf ~ The MACD is also not agree with a bearish bias ~ Will wait for the breakdown and entry on pullback once the breakdown was confirmed BUY LONG ~ This coin may invalid the lower tf divergences because the daily chart...

DEFI-nite Updated 

~ This chart shows bearish divergence ~ Rising Wedge (bearish variant) ~ RSI coming from the over bought area ~ So we entered at the pullback once the breakdown is confirmed