TradeDog-Research

TradeDog-Research

With $2.97 Bn locked in the derivatives segment, Synthetic holds ~82.1% dominance in this niche. SNX hit its All-Time High of ~$28.98 on Feb 14. Since then, it has been consolidating in an Ascending Triangle and has given a breakout at the time of writing. Key Levels to look out for: The support is present at ~$18.5, and the bull rally is most likely to...

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Balancer is among the top 10 DeFi assets in terms of TVL on its protocol. Currently, $1.5 Bn is locked on its protocol. After hitting its All-Time High on Feb 12, it retraced back and was continuously taking support from the 20 DEMA. On March 6, it appreciated by ~17% and is currently indicating a continuation of the bullish trend. On 1 Hr Time Frame, It has...

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Reef Finance- a project built on Polkadot, that aims to be a multi-chain smart yield engine and liquidity aggregator was a portfolio product of the Binance Launchpool. On the Daily Time Frame, Reef has been taking support from the 20 and 50 DEMA, the trendline support is also present at the same levels suggesting the level of ~ $0.0373 to be a strong demand...

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Avalanche aims to be the Internet of Finance. It is an open-source platform that allows it to deploy blockchains either public or private, launch smart contracts and create digital assets on its platform. On March 9, 2021, AVAX gained ~34% and since then, it is trading in that range. Currently, it has given a breakout from the range($24-$35) and is signaling...

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Curve is a decentralized exchange that uses an automated market maker (AMM) to manage liquidity. With ~$4.18 Bn locked in its DEX, Curve Finance holds third rank among all the DEXs in terms of Total Value Locked. CRV has been trading in the Ascending Triangle since Feb 23. Key levels to watch out:- It is now standing on the verge of Breakout . If Curve is...

TradeDog-Research Updated 

ADA has again gained momentum after the news broke that the US-based exchange Coinbase Pro will list the asset on its exchange. ADA pumped by ~750% in the year 2021 to date and after forming an Inverted Hammer, it retraced back to 0.382% retracement level. After taking support on the 20 and 50 DEMA, it pumped up by ~20% yesterday signalling a breakout from...

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COTI , A DAG-based protocol and infrastructure that is fast, private, low cost and can be optimized for real-time payments, it is reflecting the potential to zoom considerably as per its emerging price action. COTI has given a breakout from the Symmetrical Triangle and looks ready to sky to new highs. As per the 2 Hr Time Frame. COTI has been trading in a range...

TradeDog-Research Updated 

Binance has been the talk of the town and has served cumulative monthly trading volumes worth ~$690 billion in the month of February. Also, DeFi protocols on Binance smart chain are also gaining a lot of traction, which is pushing the BNB price higher. Binance has been trading in a Descending Channel and has given a fresh breakout from its channel resistance...

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Matic, renamed Polygon, has been performing extraordinarily well. In the past 30 days, it has appreciated by more than 400%. In the 1 Hr Time Frame, Matic has been trading in a range. It has given a Range breakout followed by the Retest as shown. Key Levels to watch out:- The support to the lower side is placed at $0.215 followed by $0.2 . The resistance to...

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Polkadot has zoomed ~360% in the year 2021. After hitting an All-Time High of $42.28 on Feb 20 has retraced back to 0.382 Fib level. It has taken support at 20 DEMA and it seems likely to resume its bullish rally. In the 1 Hr Time Frame, DOT has been trading in a Symmetrical Triangle for about the past 18 days. It has given a breakout from the pattern and is...

TradeDog-Research Updated 

In the Daily TimeFrame, Tezos is trading in an Ascending Channel formation with an upper band and the lower band placed at $5.1 and $2 respectively. In the Hourly Time Frame, Tezos has been in the accumulation phase and was trading in a range of $3.83 as the upper band and $3.22 as the lower band. XTZUSDT has given a Range Breakout and is currently trading...

TradeDog-Research Updated 

The majority of Alts continue to gain momentum and LUNA is looking the strongest of them all, it continues to make higher highs and higher lows on the daily and weekly time frame. After hitting an all-time high of ~$8.43, it has retraced back to 0.618 Fibonacci retracement level which lies at $5.51. The immediate support is placed at $6.15 followed by $5.4...

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With the EIP 1559 proposa l passed by the Core developers, it would bring a fundamental paradigm shift in the token economy of Ethereum, making it a Deflationary asset. In 4 Hr Time Frame, ETH has formed an Inverted Head and Shoulders pattern. RSI is also signalling a divergence with the price which strengthens the view that ETH could propel to new highs. ...

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On the Daily Time Frame, ATOMUSDT has taken support from the 20 DEMA and after halting there for 9 days, it formed a strong bullish candle yesterday. On the Hourly Time Frame, ATOMUSDT has given a breakout from the Bull Descending Triangle wherein it has been trading in that range for the past 18 days. Key Levels to watch out:- The supports to the lower side...

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Polkastarter is a member of the Polkadot ecosystem. It allows for cross-chain token pools and auctions, enabling projects to raise capital in a decentralized environment. Polkastarter (POLS) is currently trading in a downward channel . POLS is currently trading at the upper band of the channel ($4.07). Key Levels to watch for:- Decisive closing above the...

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BINANCE:ADABTC The bull rally in Cardano seems to be supported by the feature of cross-chain interoperability and smart contract compatibility. In the chart of ADABTC on the Daily time frame, since the past fortnight, the price has been consolidating in a range (1600- 2100 satoshi) and has also taken support at 20 DEMA. KEY LEVELS TO WATCH:- The supports to...

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CAKEUSDT has been trading in a descending channel formation and has been flirting with its trendline resistance placed in the range of 15.80-16.00USDT. In the past 24 Hrs, trading volume(CAKE) has increased sharply by more than 64%. And, the whole DeFi segment has been trading in the positive territory, with UniSwap gaining more than 15% in 24Hrs. Key...

TradeDog-Research

After a month-long breather in January, BTC tops $50K for the first time on Monday (16th February) and the long-awaited milestone price is finally hit. With the announcement of Tesla investing $1.5B in BTC, its prices appreciated by 25.17% in the past week alone and formed a bullish candlestick on the weekly timeframe. At the time of writing, BTC is trading...