DEFI is the most hot object which is magnifies with pro investors, the whitepaper is and main idea is going to solve almost each problem and its future is even more bright than the sun!
in the technical state the chart needs a correction or a range for the time and after that goes to the moon while BTC is giving profits DEFI is heading to moon you can have my...
Strong DeFi project.
API3 (125 Million Market Cap) - ChainLink competitor. (8 Billion Market Cap).
Held up really well against ETH & BTC during this dip.
I can see it going 400-500% from these levels in the coming weeks.
Not a trading advice.
As we saw on our previous analysis, SRM / USDT is another amazing DEFI project that is on the verge of something huge.
Now we successfully closed the week above the neckline and are heading to the first target... I believe we will see a very strong expansion phase, specially with the bullishness of the weekly closure that we had !
- Broke out of it's...
DEFI has faced a significant rally but did u lose this profit ? in amateur visions will be yes but in our teams perspective its great to catch its pullback AND its next jump the chart simply need a rest as correction and goes for more because the chart will be clearer and clearer every second its not a lose of profit its increasing the safety of our contracts
DEFI Index hit New All-time high.
We can expect big BULL run in DEFI tokens
Top DEFI tokens are LINK, UNI, SNX, MKR, COMP, YFI, REN...
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DEFI token is perfect if you guys dont know what to scalp in
the overall trend is bullish for lower scalpers
the minimized time frames is bearish-bullish-bearish respectively as shows in the chart for higher scalpers
never lose a moment when you can earn
DEFI has finally broken out of the ascending wedge to the upside and we can see acceleration towards new highs.
MACD has also crossed green so we might get a retest of the breakout zone before continuation
As you can see in the chart above, it seems that price has broken the trendline more or less. Tho I suggest multiple entries on this one.
On the other hand, RSI is showing a bullish divergence and a middle support zone.
So I expect the price to rally and reach the selected area. Watch out for weekly and monthly Resistances...
We are above the Down trend Line and having a good support. A lot of projects joining Nuls, a rebrand for next year. Defi projects like Goblin made the usability of Nuls increase a lot. Next year seems to e great for those who has a few Nuls in your bag.
I am not a financial adviser, make you own work and be response for your investments. Good Luck!