Bullish on #DEFIPERP with targets shown Aladdin Bullish on DEFIPERP FTX at current price 12579.6
What is this chart? Essentially, it shows the performance of SNX vs an index of 25 Defi coins, such as LINK, SOL, CRV, etc. We're looking at a few things: First off, it's clear that SNX has massively underperformed the DEFIPERP index as a whole. With some rare, short-lived exceptions, it's been in a downtrend since Jan 2021. Second, notice the rounded bottom....
SNX is stuck in a massive 6-month long falling wedge against the DEFIPERP index and it looks like it's gearing for a breakout. I marked some areas of interest where I will be looking to rotate out of SNX in between cycles. It's hard to estimate when such targets could be reached however. Certain catalysts, like the futures launch, could send it flying in a short...
After 2 failed attempts and a fake out, DeFi Perp has broken through its macro downward sloping trendline, backtested for confirmation and currently finding support from its 12 day MA. 2 horizontal lines of resistance before DeFi Perp challenges the ATH.
Longed for a scalp. Average RR. Trading after a long break
After a long time of consolidation, the ZRX is in a troublemaker which, due to the continuation of the bull market, will be broken upwards, which is additionally confirmed by the MACD and RSI chart. In my opinion, as soon as new capital flows into BTC and BTC's dominance stops growing, we will see a fourth wave of growth on Alt coins. The first stop of the new...
Hi everyone, i not post often but when i do, if you follow me u know it, is because i think that my word worth, and my money and yours worth too. Today we analyze BOND. Bond is a DEFI CRYPTO TOKEN, use in BARNBRIDGE BLOCKCHAIN, that would help traders to discorve defi-crypto average levels of risk, and returns, that they would assumere. In a few words others...
My expectation is that Defi is going to run hard for 2-3 more months until the EOY. As you can see from the previous cycles, this one again seems to go parabolic, albeit long term as Defi hype dies down and gets replaced by the new flavour of the year, cycles will become longer and weaker until no longer relevant. Don't marry your bags. PS: This is not financial advice.
DEFIPERP/SHITPERP broke out with volume confirmation today. Let see daily close at such a shitty day. I have loaded some DeFi bags on the pullback. DeFi season 2.0? Possible
Hello everyone, First off, this is not a financial advice. Now let's begin. A couple of posts below I have shared my view about the Macro cycle of the BTC. It follows the cycle as predicted, but there was a factor in the beginning-mid August when billions and trillions of dollars were coming to the exchanges. I was sure that these money won't be invested in...
Hi everyone, wish y'all have a profitable life. 📍This is a trend and time gann analysis 📍 We might have a short-term down-trend in the time given, however in long-term I see a bright future for DeFi and especially Sushi THIS IS NOT A FINANCIAL ADVICE
We shall see if bullish MACD crossover for DEFI has any meanings at all
COINBASE:COMPUSD Comp has been lagging behind most of the Defi Market off the July lows. Usually a lagging coin might be a good opportunity to rotate into while the rest of the market continues to correlate strongly together. Trade Defi at FTX: ftx.com
We can witness an Adam & Eve pattern printed on the daily chart. The crucial resistance ahead must be flipped into support to enter a trade with a decent R/R. MACD shows signs of divergence in the positive zone. RSI has room to grow to confirm a breakout. Volume is decent.
DEFI INDEXES showing continuation potential here. Falling wedge pattern awaits breakout and volume confirmation. ###NOT FINANCIAL ADVICE###
Here we outline both the Bearish and Bullish scenarios and how to trade each one. We cover: - Bitcoin - ETH - BTC.D - ETH.D - DEFI