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Feb 2, 2021 2:36 PM

$DEFI/USDT 1h (Binance Futures) Symmetrical triangle breakout Long

DEFI / TetherUS PERPETUAL CONTRACTBinance

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DeFi

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ℹ️DEFI/USDT: More information about #DeFi tokens

To see the updated list and weights, open that link and go to Component Info tab (under the chart next to Price):
binance.com/en/futures/funding-history/3?contract=DEFIUSDT

You'll see #ChainLink (LINK) is still leading the pack by almost 15% dominance, but #Uniswap (UNI) ~9% just took the 2nd place, and the 3rd for #Aave (AAVE) ~8%!

Then come #Maker (MKR) 5.7%, #Synthetix (SNX) with 5.5% and #Yearn (YFI) which fell from 8 to 5%, more reason to be bullish on it!

New comers to the index since last update: #1inch (1INCH) & #Alpha (ALPHA) with ~3.4% each, #Loopring (LRC) ~3.1% and #Bella (BEL) ~1.6%

After that, many others represent around 4, 3 or 2% of the index:
#Curve (CRV), #Compound (COMP), #Ren (REN),
#Reserve (RSR), #ThorChain (RUNE), #Band (BAND),
#Swipe (SXP), #Kyber (KNC), #0x (ZRX), #Kava (KAVA),
#DFiMoney (YFII), #Serum (SRM), #Balancer (BAL),
#bZx (BZRX), #Tellor (TRB)

I still wonder why #SushiSwap (SUSHI), #Fantom (FTM) or even #Dia (DIA) have no place in here but maybe they'll add it later.
For #Akropolis (AJRO) I guess it's because it's in #DotEco index!

That's for the ones in Binance Futures, for the full list of total market, go to #CoinMarketCap:
coinmarketcap.com/defi/

If I would chose 12 more of them, that would be:
#Terra (LUNA), #Ampleforth (AMPL), #Bancor (BNT),
#Augur (REP), #Injective (INJ), #Orion (ORN), #Bounce (BOT), #Ramp (RAMP), #Origin (OGN), #Ferrum (FRM), #Coti (COTI), #YfDai (YFDAI)...

Don't buy them all, at least not at once, try to focus on a few and look for decent dips to enter partially, you can also let limit orders laddering down.
I wouldn't recommend using leverage at all, but if you really want to lever then max 3x would be my advice!
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