The market has been on a short term downtrend and the price is approaching the swing low. We could see a breakout below the support or a bounce off the support
I have noted a 5 Intermediate waves up with an ABC correction, which it corresponds to wave 1 and 2 of the primary trend,completed. We have just started a new uptrend, a primary wave 3 . To valid the new trend we need to stay above 593.
Daily Time Frame SFP REVERSAL PIN Target 1 + Target 2 Enjoy
The defi craze finally burst and most coins have retraced enough to try to graph. In this graph the 23% has been rejected. Looking for a double bottom and another test of the 23%.
DEFI/USDT very likely finish ABC correction and we should go up, at least to 950, but we can go much higher. I entered long just now.
Defi usdt looks to increase to new level 725+ Expecting a new increase. Can this also breakdown? Yes thats also possible, i expecting on data that it can icrease. Have good time all (: follow for more updates, thank you!
Many of altcoins have same structure as this chart of DEFI/USDT. I think price bounce from the bottom in 5-waves and made leading diagonal - 1st wave in uptrend cycle. I am currently in short, because sometimes these structures look like diagonals, but they are just corrections in downtrend, so we might break the low in next leg to the downside. But I like the...
$DEFI / #USDT Retesting lower trendline of the ascending channel w/ spike on volume saying "we are not falling from here" DeFi sentiment is strong right now (second pic is what assets are building this index on Binance) #DEFI
The Decentralized Finance (DeFi) sector has grown exponentially in the last few months, with more than $6 billion in assets locked in the DeFi ecosystem. The DeFi Index Futures is Binance’s first composite index product, allowing you to track and participate in the fast-growing DeFi market. The index is built using a weighted average methodology, which...