The DeFi Index is a capitalization-weighted index that tracks the performance of some of the largest protocols in the decentralized finance (DeFi) space.
DeFi Index is trading an in impulsive recovery away from the lows, which is from Elliott wave perspective ideally unfolding a five-wave bullish cycle. After recent corrective slow down, which we see it as a wave...
DEFI seems to rise in the long run if BTC allows it. In general, defi projects look very strong. It looks very ideal for the spot. BOs can be considered as TPsş
Good time to accumulate #DEFI coins 💎📝
Keep an eye on it 👀
Trendline Trading Strategy
What is a trendline trading strategy?
In technical analysis of financial markets, a trendline is a diagonal line drawn through a chart to show the trend in price. The slope of the trendline shows the direction of the trend: if the line has an upward slope, the trend is up...
DEFIUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could be 570.
What you guys think of this idea ?
Traders,
As promised, I am doing a quick overview of current price action in our altcoin space. I will cover an important date, June 23, and why it matters. I will also review the channels that are forming on most alts which appear as though they could be mid-term bear flags. And finally, you will see me review some of my current trades and what I am looking at...
#DEFI
On the edge of a bigger move
Attempting to break above the range that was established over the previous three months
UCTS is already bullish on lower timeframes and is signaling a 2D buy
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❶ Warning
Operations in the Blockchain or FX market represent a high risk. Cryptoz18 is a content creator who posts his ideas for viewers however he never provides an investment recommendation. I recommend to the reader a good risk management and knowledge regarding the environment. Thank you very much.
❷ Tutorials
➤ Here you can find a brief explanation of...
❶ Warning
Operations in the Blockchain or FX market represent a high risk. Cryptoz18 is a content creator who posts his ideas for viewers however he never provides an investment recommendation. I recommend to the reader a good risk management and knowledge regarding the environment. Thank you very much.
❷ Tutorials
➤ Here you can find a brief explanation of...
█ Operation data
• Entry price: 724.1
• StopLoss: 739.3 (Loss 2.10%)
• TakeProfit Minimum: 708.9 (Win 2.10%)
• Recommended margin: 5% of the Futures account
• Recommended leverage: 1x.
• Temporality: 15Min - 4H
✔️ Data: The user is recommended to move the StopLoss to entry once we reach the TPM or also known as the Minimum TakeProfit.
In this way, if the trend...
