Beautiful wedge pattern over the daily closing price chart in DFI/BTC. Works as well with normal candles but is here a little bit cleaner. Seems like if BTC does get bullish - DFI is getting extremly bullish!
Sign of Strength in the chart: 1. Strong mark-up in the background 2. NS signal in the Pullback 3. Pullback completed with Green Pentagon Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
DefiChain is breaking out on weekly (already done so 3 times so on Daily). Some good volume inflow on #Bittrex
Well below 8W MA, 20W MA and 21W EMA with 43% emission/inflation creating large selling pressure. Bearish in the short term, however you can earn 240% APY currently on Cakedefi.com which makes DFI a clear buy and stake. Buy and stake at these levels and enjoy the rewards.
DEFI chain has a possibility of making a head and shoulders pattern after hitting the 50% Fibonacci level of the whole wave. Chart shows bearish divergences in weekly time frame that are playing out. I am bearish.
About DeFiChain DeFi Blockchain is a decentralized blockchain platform specifically dedicated to enable fast, intelligent, and transparent decentralized financial services, accessible by everyone, everywhere. Running on a proof-of-stake consensus mechanism, it features proven security and immutability by anchoring its most recent Merkle root to the Bitcoin...