I'm going to go through all the major DeFi Crypto offerings over the next little while. Calling it "In Depth Defi". Instead of "In DepthFi". Still unsure on that one. If you like it, enjoy, and feel free to leave a like. If you dislike it, also leave a like, just aggressively click the button. I'll be able to tell the difference.
COMP is a pretty major DeFi ...
WAVES is a blockchain protocol used to make dapps; among other, fairly standard offerings like smart contracts and wallets.
It's been around for a bit, rewarding long term investors with 80% losses at this moment from it's highs at listing. Hodl and wait you say? Well you have fun with that.
On the WAVESBTC 1D we've got an interesting potential situation...
Quick one this morning.
"Sometimes good things fall apart so better things can fall together." - Marilyn Monroe
LINK was once a monster, with questionable merit granted, but the numbers don't lie.
Since it's peak we've seen steady declines. Historical support was just smashed through the other day.
I'm predicting further declines. LINK tends to trade on...
ALONG WITH BREAKOUT OF DXY SLIGHT DOWNWARD CHANNEL. Chart speaks for itself: daily higher lows/highs rebounding from downtrend, price is in golden pocket of fibonacci retracements (daily). R/R currently 2.62 if TP is at -.618 Fib extension
Market says it's gonna keep going up, along with a bubble that will cause even worse Depression since the early 20th century and the destruction of the USD.
I say "yeah pretty much but first look at this".
The green upward sloping line of support is potentially keeping a bullish flag in play here, but it appears as though downward pressure is indicating there may be a retest of the bottom blue channel where I have the red arrow pointing down.
A descending channel is drawn by connecting the lower highs and lower lows of a security's price with...
1h downward channel possible break if bullish. If not then retest of larger channel bottom/support area. Waiting on entry. Great long term fundamentals: largest mall real estate owners trading at nearly half of their valuation from just a few months ago.
Market in last 24 hrs
- BTCUSD price moved almost 9% between between $9,270 and $10,080
- Price at time of publishing: $9,990
- Price crossed important resistance level of $10,000
- BTC’s market cap: $182 Billion
Today’s Trend analysis
Price should trend downward today. Oscillators are neutral but compared to yesterday many have now flipped to indicate a...
Already formed the descending channel with more than 8 points. The price is touching now the top line. The price should go down in the next hours and we will open a short position near to 47.74 with stop loss close to 49.56 and take profit over the 42.14; Chart: 1H
The price has reached the resistance channel and looks like it is stuck on the horizontal resistance line, the last candle formation is a bearish spinning top. The price movement that is stuck on the resistance line and the spinning top candle can be an early sign of a reversal, but it still needs further confirmation. There is still a possibility of the price...