DEFI-trader

DEFI-trader

{Anchored VWAP displays the volume-weighted average price for a specific time period, starting from a user-selected point. In other words, Anchored VWAP shows the price of an asset adjusted for its volume starting from any point chosen on the chart.} Or for newbies: above the VWAP, bulls are in control. Below, bears have the upper hand. For the moment, BTC...

DEFI-trader

Zil is one of the easiest coins to trade on technical analysis. I am not listening to any media or moon boys on Twitter or YouTube. Just pure TA! We have formed the wave 4 and we are getting ready for the last mega wave 5. The wave 5 must have 5 sub waves and should be easily identifiable. My most realistic price is between 100% extension of level 3 which is...

DEFI-trader

As you can see on the chart, by using log scale fib levels , the wave 3 is smaller than wave 1. So the wave 5 will be smaller than wave 3 (rule of Elliott wave). Price targets are on the chart and personally I don’t see XRP above 8.4usd per coin. We may see a max price of just below 22usd but this is highly unprobable and risky to hold above 9 usd. Stay safe

DEFI-trader

Bitcoin seems to be entering in the last lag up before a multi year bear market(with multi months bull market in between). 335k usd seems to be a nice Fibonacci level to observe and we may need a long time before to see again those prices. Alts seem to be taking control of the crypto market, which seems logical to me as they become more and more attractive to...

DEFI-trader

The path is clear. The move is to the upside.. just take a look at the whole picture and everything will be alright. Just stop listening to youtube and twitter accounts and your life will be much easier. The only account i follow is Alessio Rastani. I dislike Benjamin COHEN and CONQUER TRADING & INVESTING(youtube pseudo influencers). Both are selling you courses...

DEFI-trader

DNT is consolidating at just below the all time highs. There is a high chance that we formed a cup and handle. The potential for this token is massive . Just the fact that no one talks about the Meme Factory during the meme boom, it shows how undervalued is this project. Stay safe

DEFI-trader

In the near term, DNT seems to be getting ready for a move to the upside. Stay safe!

DEFI-trader

I have spotted a bullish Garley pattern on dnt/usdt chart. PRICE TARGET: the level C of the pattern which is around 36c. Stay safe!

DEFI-trader

There is a clear time cycle pattern with DNT which lasts for approximately 180 days, from pick(wave 1) to pick(wave 3). Based on this observation, there is a high probability that we reach the wave 5 by August. Usually the wave 4 is a chart pattern(here we have a symmetric triangle which validates our wave count). Another observation, using log fib extension, we...

DEFI-trader

Using logarithmic chart, we can clearly see an ascending channel. Maximum time before ending this consolidation is around 20 more days, as long as we hold the 22 cents level. I am staying bullish for the time being. For long term i see around 4-5 usd per coin. Stay safe !

DEFI-trader

CVC/USDT is in a huge triangle pattern. Way of trading: wait for a breakout or breakdown and then wait for a pullback with visible 4H candlestick wicks. Then enter the trade short or long , depending on the direction. Bullish: 25 cents Take Profit Bearish: 4 cents Take Profit and go long. Most probable outcome is to visit the 25 cents.

DEFI-trader

Shorting

DEFI-trader

Entered at 420 with stop loss at 412 and take profit (3:1 risk) at 444. Reason is the ascending channel. We are still in a downward trend so, it is a risky counter trade on the 4 hour. My account is currently at 31 usd , risking 5 usd to earn 15 usd and leverage of 9x.

DEFI-trader

Going long with 2:1 risk reward

DEFI-trader

If price breaks below 480, we may see a retest of the previous lows. Buy above 550 if the price respect the 480, for target price 650.

DEFI-trader

I have noted a 5 Intermediate waves up with an ABC correction, which it corresponds to wave 1 and 2 of the primary trend,completed. We have just started a new uptrend, a primary wave 3 . To valid the new trend we need to stay above 593.