Get started

DEFI

Altcoins! June 23rd, Channels, and Current InterestsTraders, 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 for targets, stop limits, etc. Enjoy. Stew Timestamps 00:00 Intro 09:17 Altcoins 11:27 DogeCoin 16:00 Defi Coins 19:34 Outro
by stewdamus
1
KAVA Road Map🗺️!!!Hi everyone👋( Reading time less than 2 minutes⏰ ). If you want to invest in Kava(KAVA) , I suggest you read this post. 🌐 What Is Kava (KAVA) ❗️❓ Kava is a Layer-1 blockchain that combines the speed and interoperability of Cosmos with the developer power of Ethereum. Kava was built from the ground up to optimize its resources for protocol growth, strengthened by its Cosmos EVM technology that enables maximum scalability, speed, security, and developer support. Builders on Kava earn a share of Kava Rise's $750M developer incentive fund via the program's blockchain-based distribution method, designed to reward the top protocols every month based on usage. ----------------------------------------------------------------------------------- Kava started to fall after completing the Diagonal pattern and breaking the lower line of this pattern. The structure of Kava fall waves is in the form of five impulse waves . Kava now seems to have completed the main wave 4 on the downtrend line . 🔔I expect the main wave 5 to end in the 🟡 Price Reversal Zone($0.525-$0.359) 🟡 and it will be a suitable area for mid-term investment. Kava Analyze ( KAVAUSDT ), Weekly time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
by pejman_zwin
19
Potential Falling Wedge Pattern Formation on $SUSHI/USDT Chart#SUSHI #DEFI #FallingWedge #PatternFormation #TradingView Hello traders! 👋 I wanted to share an interesting chart observation I made on the $SUSHI/ AMEX:DEFI pair. It appears that a potential falling wedge pattern is forming, which could indicate a bullish reversal in the near future. Let's dive into the details! 1️⃣ Falling Wedge Formation: The price action on the $SUSHI/ AMEX:DEFI chart shows a series of lower highs and lower lows, converging between two trend lines. This pattern is commonly known as a falling wedge, characterized by a contracting range. Falling wedges are often considered bullish reversal patterns. 2️⃣ Volume Analysis: Volume plays a crucial role in confirming patterns. Ideally, we would like to see declining volume as the wedge develops, followed by an increase in volume upon breakout. This could indicate a strong buying interest that could potentially propel the price higher. 3️⃣ Resistance and Support Levels: The upper resistance trend line and lower support trend line are important areas to monitor. A break above the resistance line, accompanied by a surge in volume, may suggest a bullish breakout. Conversely, a breakdown below the support line could invalidate the pattern. 4️⃣ Price Target and Stop Loss: If the falling wedge pattern confirms, a common technique to estimate the potential target is to measure the distance between the widest part of the wedge and add it to the breakout point. As for stop loss placement, it is often set below the support line to limit potential losses. Keep in mind that technical patterns are not foolproof and should be combined with other forms of analysis, such as fundamental research and market sentiment, before making trading decisions. To summarize, the $SUSHI/ AMEX:DEFI pair is exhibiting a potential falling wedge pattern, which suggests a bullish reversal might be on the horizon. However, confirmation is required through a breakout above the upper resistance trend line and a surge in volume. Traders should exercise caution and consider utilizing proper risk management strategies. What are your thoughts on this pattern? Share your insights below! Remember to do your own analysis and consult with financial professionals before making any investment decisions. #SUSHI #DEFI #FallingWedge #PatternFormation #BullishReversal #TradingAnalysis #TechnicalAnalysis #Cryptocurrency #TradingView
Long
by STP_MrNodeItAll
#AGLD/USDT 4h (Bybit) Broadening channel on resistanceAdventure Gold (a.k.a. Loot) printed a shooting star and seems likely to retrace down to 100EMA support. ⚡️⚡️ #AGLD/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Short) Leverage: Isolated (5.2X) Amount: 5.0% Current Price: 0.5250 Entry Targets: 1) 0.5483 Take-Profit Targets: 1) 0.4645 Stop Targets: 1) 0.5903 Published By: @Zblaba TSXV:AGLD #AGLDUSDT #AdventureGold #Loot #NFT Risk/Reward= 1:2 Expected Profit= +79.5% Possible Loss= -39.8% Estimated Gaintime= 1-2 weeks www.lootproject.com
Short
by TradingOn
8
ETH - Long-Term View 👀Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. on DAILY: Left Chart As per my last analysis, ETH rejected the green support zone and traded higher. Now What? 📈 ETH is sitting around a minor resistance zone in gray 1950. For the bulls to remain in control medium-term we need a break above it. Meanwhile, the bears can take over for a correction (to be confirmed on lower timeframes), in this case, we will be looking for new buy setups around the orange minor support. on Weekly: Right Chart 🏹 From a long-term perspective, for the bulls to take over, we need a weekly candle close above the blue resistance zone 2250 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
16
CHAINLINK TO $60 (LONG TERM VIEW UPDATE)📈Here's an update on LINKUSD which I posted for you guys back in January. Just like I expected, market is still ranging within this corrective phase, which is allowing big institutional firms to DCA from these cheap prices. We expect further consolidation over the next few months, before we see a downwards liquidity grab towards $0.09📉 This also moves similarly to our Bitcoin short analysis, as most Crypto's are still in a corrective phase for the next few months at least🔺Good opportunity for my Crypto Fund investors to profit by shorting the market!
COINBASE:LINKUSDLong
by BA_Investments
1
Bullish Reversal on DRIP/BUSD: Falling Wedge Pattern UnveiledGreetings, Traders! Today, I want to share an exciting technical analysis finding on the trading pair of DRIP (the DeFi protocol) and Binance USD (BUSD). A falling wedge pattern has been identified, indicating the potential for a bullish reversal in the near future. Let's delve into the details! 📈 Trading Pair: DRIP/BUSD 📅 Timeframe: Daily Chart 📊 Pattern: Falling Wedge 📉 Understanding the Falling Wedge Pattern: A falling wedge is a bullish chart pattern characterized by converging trendlines that slope downward. Typically formed during a downtrend, it suggests diminishing selling pressure and the potential for a reversal. This pattern indicates the possibility of an upward price movement. 🔍 Identifying the Falling Wedge on DRIP/BUSD: Upon analyzing the daily chart of DRIP/BUSD, the following observations come to light: 1️⃣ Recent downtrend: The trading pair has experienced a decline in price over the past weeks. 2️⃣ Converging trendlines: The upper trendline connects the lower highs, while the lower trendline connects the lower lows. 3️⃣ Decreasing trading volume: As the falling wedge pattern forms, the trading volume has been declining, indicating a potential reduction in selling pressure. 📈 Price Targets and Trading Strategy: If the falling wedge pattern on DRIP/BUSD plays out as anticipated, a potential bullish breakout above the upper trendline may occur, leading to a reversal and potential price appreciation. Consider the following price targets: 1️⃣ Target 1: Resistance level near $40.00 2️⃣ Target 2: Psychological resistance near $50.00 🛡️ Risk Management: Managing risk is essential for successful trading. Implement the following risk management techniques: 1️⃣ Set a stop-loss order below the lower trendline to protect against unexpected price movements. 2️⃣ Adjust position size based on your risk tolerance and overall portfolio management strategy. 🔔 Conclusion: Keep a close eye on the DRIP/BUSD trading pair as it develops this falling wedge pattern. The pattern suggests the potential for a bullish reversal on the horizon. However, please note that technical analysis is not infallible, and market conditions can change rapidly. Combine this analysis with other relevant factors before making any trading decisions. Disclaimer: This post is for informational purposes only and should not be considered as financial advice. Always conduct your own research and consult with a qualified financial professional before making any investment decisions. Happy Trading! 📈💰 #tradingview #technicalanalysis #fallingwedgepattern #DRIP #BUSD #DeFi #cryptotrading #chartpatterns #bullishreversal #tradingstrategies #investing #finance #marketanalysis
Long
by STP_MrNodeItAll
10