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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
Hello everyone! Wait for the breakout which EOS is about to make soon and go long
Hey hey my friends 👋 One of our followers asked for this, so here it is! 👆 QTUM/USDT is looking super bullish and ready to go buy the breakout of the pattern 🐮 As always, stay safe 🦺
Hey hey my friends! 😁 AKRO/USDT is about to make a move we have 2 resting bars after a confirmed breakout with volume as pointed out on chart We had a successful retest of the breakout support These are short-term targets, we should eclipse all time high if held Enjoy
Hey hey my friends! Xrp is looking like its curling up nicely in this very bullish pattern! No position is open on this yet but we will be buying the breakout of this pattern, with a bullish macd cross incoming! Copy this chart and set your alerts! The XRP moon-boys will be correct one day ;) Enjoy the ride
Hey hey my friend! UNI/USDT here hit all the targets for 22% 🚀 Looking to buy the breakout of this trendline or the bottom support 👌🏼 You MUST ASSUME that price will follow the range or pattern until it DOESNT 🔥 Always have a plan See you soon 🤙🏼
Hey hey my friends and good morning 🤠 We are looking to buy some $WAVES here on this successful support retest here! 🙈 Higher time frame, is retesting support while in a symmetrical triangle which is also a bullish continuation pattern in this case Patience is key, always play the game and let the trade come to you! ⏳ See you soon!