DefiTota have same pattern with MCTOTAL inverse head and shoulders.
Most Defi projects have not yet started to pump hard. The walls on the exchanges are just ridiculous and very thin. We are waiting for a great pump of all CEX soon.
📌 10 @TradingView Crypto Indices You Should Know!
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. And I want to start by thanking @TradingView for putting these indices together - making our life easier.
A couple of days ago, TradingView posted a tweet (attached on the chart) highlighting these 10 Crypto Indices. So I...
An Idea of recovery for TOTALDEFI
First some downsides may be experienced, but eventually a double bottom will form, leading price back upwards, extending the rising megaphone structure
This rising megaphone is shown with green lines
Daily chart
Posting chart idea following the video I made on this.
It is expected to see several DeFi projects to let go some of the 2021 gains and possible 2020. But we are not there... just yet.
This chart is one of major reason I could see Bitcoin also get a huge cut like piercing bellow 30k.
Bad news for people holding defi coins/tokens.
The markercap of DeFi coins/tokens (TOTALDEFI) is looking weak vs USD and BTC.
Some serious corrections likely on the line as we observe some relevant trendlines being broken.
