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Decentralizedexchange

1inch usdt longThe 1inch Network's first protocol is a decentralized exchange (DEX) aggregator solution that searches deals across multiple liquidity sources, offering users better rates than any individual exchange. The 1inch Aggregation Protocol incorporates the Pathfinder algorithm for finding the best paths across over 60+ liquidity sources on Ethereum, 30+ liquidity sources on Binance Smart Chain, 30+ liquidity sources on Polygon, Optimistic Ethereum, and Arbitrum. In just over two years of operation, the 1inch Aggregation Protocol surpassed $80 bln in overall trading volume on the Ethereum network alone.
Long
by saeedkeneshloo
Cardano gets its first DEX within the next weeks 🚀🚀🚀 5$+?Intro: - Cardano is one of Ethereum's main competitor and addresses some major issues that pains Ethereum like scalability and gas fees. - Finally smart contracts are running on the Cardano chain and the ecosystem can start to bloom . - So far Cardano is lacking a working DEX which seems to hold back the whole ecosystem. Daily chart: - Price shows a consolidation pattern that has its apex around 2$. Once we break the yellow line we expect more upwards movements. - Overall Volume keeps declining which is consistent with the price consolidation. - RSI analysis shows that we are oscillating below the 50 line. - Moving Average: The 200MA comes to help and can act as support to break above the yellow line. - Fibonacci levels show the region between the 0.5 and 0.6 lines hold as support. As long as we hold the 0.6 line we don't have to worry about a bear market movement. - Support lines are at 1.9$, 1.4$ and 0.7$. The ascending yellow line can act as support as well. - Resistance lines are at 2.3$ and 3$. Expectation: - Sundaeswap announced that their DEX will be ready within the next two weeks. This most likely will trigger another rally for Cardano and with it possibly the whole ecosystem (like COTI, ERGO etc.). - Until we get a working DEX on Cardano we might extended consolidation into the apex of the forming triangle. - End of the year prediction: We will see a 5$+ Cardano before the end of 2021. Due to the fact that Cardano performed very badly during the last month we changed the 8$+ prediction to 5$+. Basic rules: - Never buy the top/ ATH - Take profit as long as you can (also partial profit is profit) - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. We would love it if you could share your thoughts in the comments. Discussions are very welcome here. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. - White lines are Fibonacci retracement levels Helplines: - Purple lines are trendlines we take a look at. - Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA. - Yellow lines are for visual help only. Specials: - Boxes represent either entry zone or support zone . Check the description. - Cameras represent MA crossings. Yellow camera stands for a golden cross while the cyan camera stands for a death cross.
Long
by tumbler55
4
CAKE BULL RUNhi , our general opinion for cake is long in the longterm (when alt season begin),as you know in fib retracement between 0,786 and 0,618 zone is golden packet it means we should test it one day and our weakly strong support is 30$ and also 0,618 retracement is 30$ so our first target for cake is 30$ , second target is 44$ because its ATH . and as you see in the chart , cake make a descending chart pattern ( descending chart pattern in old market is a bearish but in new market like cryptocurrency is a bullish chart pattern) and it broke the pattern and our target based by pattern is 54,92$
Long
by matin_iranian
3
$TOMO/USDT 1h (Binance Futures) Descending channel near breakoutTomoChain is looking good for a bounce here after regaining 50MA support, more information about that coin on tomochain.com Current Price= 2.0807 Buy Entry = 2.0857 - 2.0323 Take Profit= 2.2697 | 2.4610 | 2.6433 Stop Loss= 1.8917 Risk/Reward= 1:1.25 | 1:2.38 | 1:3.47 Expected Profit= +20.36% | +38.94% | +56.64% Possible Loss= -16.34% Fib. Retracement= 0.618 | 0.883 | 1.117 Margin Leverage= 2x Estimated Gain-time= 5 days
TLong
by TradingOn
$BNB/BTC 4h (Binance Spot) Falling broadening wedge breakoutBinance Coin is recovering and just regained 200MA support, bullish continuation is in play! "Binary Finance" combines Centralized and Decentralized exchanges thanks to Binance Smart Chain, more info on binance.com If you know how to trade in Binance Margin, you can use up to 3x leverage for that set-up. Current Price= 0.009087 Buy Entry= 0.009030 - 0.008868 Take Profit= 0.009571 | 0.010120 | 0.010808 Stop Loss= 0.008533 Risk/Reward= 1:1.5 | 1:2.81 | 1:4.47 Expected Profit= +6.95% | +13.09% | +20.77% Possible Loss= -4.65% Fib. Retracement= 1.117 | 1.414 | 1.764 Margin Leverage= 1x | 2x | 3x Estimated Gain-time= 3 weeks
Long
by TradingOn
$BAL/USDT 4h (Binance Futures) Ascending triangle break & retestbalancer.fi looks ready for bullish continuation after thet pull-back to 100EMA support! #Balancer is a decentralized liquid crypto market for #DeFi tokens using AMM protocol. Current Price= 28.356 Buy Entry = 28.457 - 27.562 Take Profit= 30.745 | 33.407 | 36.656 Stop Loss= 25.946 Risk/Reward= 1:1.3 | 1:2.58 | 1:4.14 Expected Profit= +19.38% | +38.38% | +61.56% Possible Loss= -14.86% Fib. Retracement= 0.786 | 0.883 | 1.117 Margin Leverage= 2x Estimated Gain-time= 10 days
Long
by TradingOn