Looks like it's mostly to the upside, but I wouldn't be surprised if we hit low 200's again. There's still a 10% difference between the 2 resistances so we'll see how long this pattern can hold on.
Looks not as good now as before, has dumped 44% and weakly bounced. If it loses 200 level, it will completely roll back.
I think if bitcoin continues to fall or sideways it will dump.
Plan to short a retest of the $240 resistance.
The biggest supply APY:
06/21: BAT : 25.45%; for USDT it's 0.1%. COMP: $350
06/21: BAT : 25.28%; for USDT it's 0.15%. COMP:...
It does make sense that the DeFi insane yields would prop up prices and bitcoin's price too. However, I think that there is still a correlation with the stock market.
macd, rsi and fib retrace all show we could move within the triangle, possibly break out to the upside but thats a risker bet. now taking at the next few fib retraces will be EZmoneyssss
Compound is going crazy! Check their website for all the info on the project its really interesting. Aside from the fomo weve seen until now i can only add its not even on binance and coinbase yet!
This is going to pump like crazy imho.
