UNIUSDT along with LINKUSDT is reaching the bull market support band. DeFi projects have been slowly bleeding against ETH for nearly half a year. is this the time for DeFi to break-out to new valuations?
$Nu and $keep have an upcoming protocol merger. The first of its kind actually. The baby they will have will be named tBTC. This thing is going to be a monster. It's still so early for this project. Look into what this monster will be bringing to btc. Seriously, look into this one. Showing some bullish divergence on the 4 hour and a considerable retrace from the...
Fibo levels: 1.6 BC=$5.9 2 BC=$9 2.24 BC=$11.7 2.6 BC=$17.7 3.6 BC=$53
Decentraland. A crypto that has many applications that are similar to the new implementation of the metaverse to Facebook's portfolio. This could pose as a viable competitor to Facebook which they would either attempt to buy out (they already have their own crypto) or use some of their tech to help them achieve what Decentraland has already. The pattern shows...
Scenario 1: It confirms the support and then breaks through the resistance => Price Target 1 Scenario 2: It breaks through the resistance without struggle => Price Target 2 Price Target 1: $3.75 Price Target 2: $6 Overall it is technically looking very strong in both cases. Fundamentally it is also a strong play due to the upcoming Fort Canning update with...
4H chart forming Cup and Handle and a breakout is done, retesting again and in the buying zone can be potential buy. TP1,TP2, and TP are mentioned. Can Risk 1-2% of the capital.
Quickie: Looks like price is getting squeezed between the box of resistance and the raising trendline. So alarms set for each way of a break, will let the market decide which direction it wants to go, then follow. If it gets super tight would be looking for an entry.
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...
One day it will just go crazy, be sure ;) As always, buy only after you done with your own research #DYOR !!
Broke out at our descending wedge just as expected! Smashed our previous "moving average" resistance level. FEELING BULLISH. If SOL continues to run, so will Serum. Looking for a 2-3x on investment minimum. Not to mention, this allows cross chain trading. i.e. Trade your Bitcoin for ETH, then trade your ETH for SOL. I've also noticed some crypto games are using...
for Institutional levels whod like to move assets and sleep well at night could be the next big win similar to Solana when it was at $2 few moons ago
Sideways and more consolidation continues as top coins like BTC and ETH continue to steal the show. ADA remains stuck in long accumulation. ADA could see a test down the 200 moving average around the $1.80 level. I remain bullish through Q4 however ADA is desperate for either a catalyst or an increase in demand from upcoming DeFi projects launching. Until then,...
Hey hey my friends👋 We are adding more comp to our bags here, only a matter of time before she goes!
The last forecast worked 100%. It's time to conquer new peaks)) Why should you look at the GUM coin?) Gourmet Galaxy collaborates with e-Money for its European Stablecoins EEUR, ECHF, ESEK, EDKK, and ENOK. Low capitalization. At the moment it is $2 000 000. NFT is trending, which means there will be demand. A recent partnership. Gourmet Galaxy is partnering...
Solana has regained 50MA support and looks ready for bullish continuation, probably after a last retest! Solana Ecosystem is growing a lot lately and definitely here to stay, more information on solana.com Current Price= 146.557 Buy Entry = 144.673 - 137.327 Take Profit= 170.289 | 201.077 | 232.859 Stop Loss= 121.493 Risk/Reward= 1:1.5 | 1:3.07 | 1:4.69 Expected...
Descending Triangle forming on Mirror Protocol (MIR). Price has already seen such a downturn since MIR has started trading. Let's see if it will turn around. Keep in mind descending triangle pattern is a bearish pattern (generally speaking). But also remember this crypto hasn't seen a pump in a long time (feels like). Lastly, RSI seems to be ready for a breakout...
Polygon (Matic) Update 03/11/21: The last breakout from this tweezer chart formation gave us 77% gains, if this trend continues we can expect to see Polygon (Matic) above $3.69 and heading towards our target at the 161.80% fibs @ $4.22 (104% away from the current price). Our current price Targets for Polygon from the current price: 127.20% Fibs at $3.47 (68%...