This chart represents a basket of top DeFi projects. DeFi tokens are down bad from their bull run highs, but seem to be bouncing off an area of previous accumulation / support. Will we get a bearish retest of the 200SMA? This would amount to a ~30% pump for DeFi. Bitcoin or ETH could easily steal the show, but perhaps worth keeping an eye on! happy trades, CD
The 3day chart shows a strong sign of recovery and can be taken as a future outlook of the weekly. Bullish stuff: We entered the bull market support band and did not get rejected so far. The RSI shows a strong healthy rise. Trading volume is higher compared to the start of 2022. We formed a W shaped double bottom which is a strong reversal sign. Bearish...
The 3day chart shows a strong sign of recovery and can be taken as a future outlook of the weekly. Bullish stuff: The 200MA of the 3day was held perfectly. No close below it! We now are within the bull market support band and did not get rejected so far. The RSI shows a strong healthy rise. Trading volume is higher compared to the start of 2022. We are still...
Cardano is the Blockchain to go if you believe in the scientific route. So far over 150 peer reviewed papers came out and many problems were solved before the implementation. Do it right from the start even if it takes some time! Cardano dropped by 75% from its previous ATH around 3$ within the last 6 months. Now it looks like we found another local support close...
This video is to show how areas of high volume can act as a great tool for Technical Analysis. The settings were as follows: - Timeframe 15 minutes - Lookback average (10) equaling 150 minutes - Volume above 250% above the lookback average What we could see at the start of the video was that there were previous red zones where there had been above 250% down...
Hello Traders Here is a new BUY Scenario, due to inflation, inflation, inflation i suggest you to not enter into trade until 0.82800 - 0.82500 I expect a retracement until 0.83400 before further possible loss ✅ EURGBP BUY between @0.82800 - 0.82600 TP1 @0.83000 TP2 @0.83200 TP3 @0.83400 SL @0.82300 JamdeJam will not accept any liability for loss or damage...
Well , firstly i believe Uber is highly undervalued and believe it has high potential upside post q4 eanings and after CFO stated Uber is looking at $5 billion in. profits by 2024 . furthermore , Uber settled a lawsuit over some google secrets which were being traded in regards to self driving car , this is me putting my 2 cents and ignoring tehcnical analysis but...
After a clear bullish engulfing forming in the January weekend of 22nd, 23rd with continuation there after, there are several factors to be considered: 1. Possible solid bottom has been formed at ~35,000 2. Bitcoin has broken the major resistance at ~41,500 with a lot more ease than expected, dictating a more easy uptrend towards ~44,000 After breaking the...
Federal Reserve policymakers will raise interest rates in March but keep options open in the face of inflation outlook and the pandemic still ongoing. Until March theories suggest that we can still see a V-Shaped Recovery in the stock market. Looking forward to read your opinion about it.
The below are just some statistics based on: - Volume bars with 500% increase of volume. - 15 minute timeframe BTCUSD. - Baseline of the last 10 volume bars averaged against the current volume bar. Since 21st July 2021 there has been 51 occasions were there has been a 500% increase in volume. 47 of these (500% volumes) has seen price retrace/recover that...
After a difficult year after the capital increase back in August, it the worst case scenario has already passed, and investors bought the dip and pushing the price higher. The stock is a small cap, so remember, it's more volatile than other stocks and hype moments could increase the price dramatically like these past two days. Next stop 0.02, and if broken out,...
Reef Finance finally broke out of its latest downtrend that now lasted over a month. The support around 0.0165$ held and we got a nice bounce that pushed us through the downtrend trendline. Next resistance lines are at 0.036$ and 0.05$. We spot a similar pattern on the RSI where we expect the next resistance to be around 70. Currently 16 billion REEF tokens out...
Ethereum tests the support line around 4k$ which falls together with the current low point of the rising wedge. Currently Ethereum holds much stronger than Bitcoin and looks more bullish. The RSI is relatively low with 40 and is within a broad consolidation wedge that could be valid for another month. We expect Ethereum to hold the current support around 4k$ and...
4H respecting lower trendline and all indicators currently looking bullish. Small recovery could be on the way.
Hello traders and investors! Today we will talk about AUDUSD currency pair; its price action from a technical point of view, and structure from the Elliott Wave perspective. Aussie made a five-wave decline on a daily chart into wave A, which can find the base here, around important 0.7000 support zone, especially if we take a look at the 4-hour chart where we...
General Intro: - Bitcoin is the first of its kind as cryptocurrency using blockchain technology and is looked at a store of value like gold , just better. - Bitcoin will help the people to bank themselves and gives some power back to the community. - The whole crypto market follows in some way the movements of the Bitcoin price while being much more...
Intro: - Cardano is one of Ethereum's main competitor and addresses some major issues that pains Ethereum like scalability and gas fees. - Finally smart contracts are running on the Cardano chain and the ecosystem can start to bloom . - So far Cardano is lacking a working DEX which seems to hold back the whole ecosystem. But now finally Sundaeswap announced that...
Intro: - Cryowar is one of the most promising new play to earn game on the Solana blockchain. - Cryowar started trading on CEX and DEX at the same time. - Check out their twitter account and their webpage, the progress looks really promising. Cryowar works together with unreal engine which famous for its great graphics engine. - Since this coin got listed only...