#AVAX doom scenario casting down to below a $1The major head and shoulders is there for everyone to see
the sub dollar target is with a log scale target
preposterous?
we have seen large projects completely roundtrip
so tell me why not?
in the world where Avax is to drop 90%
what price will #BTC and #ETH be ???
DEFI
Nothing Bullish about #YFI sub $2k it goes.YEARN finance was one of the big winners last cycle sucking in many people into the overcomplicated Ponzi
Like #HEX it helped formed DEFI 1.0
will it be around when DEFI 2.0 comes is born has a bull cycle
---
who knows??
$100K was an obvious trap
But looks like there is one last leg down.
Compression Zone by Bullish Signal, wait for breakoutChart 4H TF
OP is trading at 1.39x now
BINANCE:OPUSDT has support at 1.36 and lower at 1.32 and resistance by descending trend line
OP is in compression zone and when it's done, massive move will happen.
I think 3 scenarios for this case:
#1
#2
#3
I think some signals support for bullish, so I will wait for a breakout
Wait and see
Burger 🍔 analysis ⏰$BURGER 📌 #DYOR #NFA
Looking too bearish 📍 I am expecting 50-60% crash 🩸
Support :: $0.1-0.2 ( #imo it's good area to bet )
Above red 📈 no new low 🔅
If successfully reach my target 📌 then bull ♉ present target around $2.5-3.1
I am not expecting more over it 😂 but later I will update you chart 📈
Best thing is volumes are good 👍
Worst thing is it's a defi coin 📌
#BLZ/USDT 4h (Binance Futures) Ascending wedge on resistanceBluzelle broke down the small rising wedge and has been forming a bigger one which may end up breaking bearish as well, leading to a retest of 200MA support.
⚡️⚡️ #BLZ/USDT ⚡️⚡️
Exchanges: Binance Futures
Signal Type: Regular (Short)
Leverage: Isolated (4.0X)
Amount: 6.4%
Current Price:
0.15552
Entry Targets:
1) 0.16459
Take-Profit Targets:
1) 0.12635
Stop Targets:
1) 0.18375
Published By: @Zblaba
FWB:BLZ BINANCE:BLZUSDT.P #Bluzelle #Storage bluzelle.com
Risk/Reward= 1:2
Expected Profit= +92.9%
Possible Loss= -46.6%
Estimated Gaintime= 4-8 days
#RUNE/USDT 1D (ByBit) Descending trendline fakeoutTHOR Chain is about to print an evening star deviation and RSI looks overbought, seems likely to retrace down to 200MA support.
⚡️⚡️ #RUNE/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (3.2X)
Amount: 5.0%
Current Price:
1.649
Entry Targets:
1) 1.727
Take-Profit Targets:
1) 1.292
Stop Targets:
1) 1.945
Published By: @Zblaba
CRYPTOCAP:RUNE #RUNEUSDT #ThorChain #DeFi
Risk/Reward= 1:2
Expected Profit= +80.6%
Possible Loss= -40.4%
Estimated Gaintime= 4-6 weeks
thorchain.org
Defi Token Pump $spell hasn't pumped.Defi Token Pump $spell hasn't pumped.
Falling Wedge
The falling wedge can either be a reversal or continuation signal.
As a reversal signal, it is formed at a bottom of a downtrend, indicating that an uptrend would come next.
As a continuation signal, it is formed during an uptrend, implying that the upward price action would resume. Unlike the rising wedge, the falling wedge is a bullish chart pattern.
In this example, the falling wedge serves as a reversal signal. After a downtrend, the price made lower highs and lower lows.
Notice how the falling trend line connecting the highs is steeper than the trend line connecting the lows.
If we placed an entry order above that falling trend line connecting the pair’s highs, we would’ve been able to jump in on the strong uptrend and caught some pips!
A good upside target would be the height of the wedge formation.
OCEANUSD: Potential 3 Falling PeaksThere is a Potential 3 Falling Peaks Pattern getting ready to be confirmed when it cracks through the Confirmation Line, which happens to be around the 0.618 Fibonacci retrace. Upon breaking down the 0.618, I think it will just come straight down to the 100% retrace at around 11 cents.
It's Hard to Ignore The Price Action of SRM at These LevelsSRM is the native token to FTX's DeFi Exchange Serum that is run on the Solana Network and I have Been Eyeing SRM around these levels for several months now and while I am Bearish on the Macro, something tells me that we could get some positive FTX related news soon and if we do, it would make sense for this 1.618-1.902 Fibonacci Extension Area to hold. If it does, I think it could at least go back up to the heart line, but it could do much more. We have some Bullish PPO Arrows in this area so that's a good sign already.
I don't have much of a stop loss for this trade as SRM is way too volatile, but I personally will be sticking with buying some spot and risking small amounts of leveraged money at these areas just to see if I can get anything out of it while using the 1.902 as a general cutoff point.
#AKRO/USDT 2h (ByBit) Ascending channel on resistanceAkropolis printed a shooting star deviation and seems likely to retrace down to 100EMA support, especially with that overbought RSI.
⚡️⚡️ #AKRO/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (2.6X)
Amount: 4.9%
Current Price:
0.018692
Entry Targets:
1) 0.019243
Take-Profit Targets:
1) 0.013254
Stop Targets:
1) 0.022244
Published By: @Zblaba
NASDAQ:AKRO BYBIT:AKROUSDT.P #Akropolis #DeFi #DAO
Risk/Reward= 1:2.0
Expected Profit= +80.9%
Possible Loss= -40.5%
Estimated Gaintime= 3-6 days
akropolis.io
#UNI/BTC 3D (Binance) Broadening wedge breakout and retestUniswap is pulling back to 50MA support and seems likely to bounce towards 200MA resistance.
⚡️⚡️ #UNI/BTC ⚡️⚡️
Exchanges: Binance
Signal Type: Regular (Long)
Amount: 6.0%
Current Price:
0.0002028
Entry Targets:
1) 0.0002002
Take-Profit Targets:
1) 0.0002669
Stop Targets:
1) 0.0001668
Published By: @Zblaba
CRYPTOCAP:UNI #UNIBTC #Uniswap #DeFi
Risk/Reward= 1:2
Expected Profit= +33.3%
Possible Loss= -16.7%
Estimated Gaintime= 3 months
uniswap.org
Beautiful Inverse head and Shoulders on #HEXWell we are finally getting clarity on Richard's Case against the SEC
A initial meeting has scheduled between the lawyers and the judge to explore what kind of disco very is needed in this civil suit.
A Trial is length and costly for everyone. SEC, The Courtroom. and RH
The Judge could throw this out right there on the spot? Me not being a legal expert I can't comment...
But the price chart is showing how quickly the mood can change.
All I know , Once Richard is "Free" I want exposure to #Pulsechain
which just being a copy of Ethereum clearly not a security.
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Giving off some looks here for an Elliott Wave flat pattern in motion.
Not the most ideal interpretation, tbh, but if certain parameters play out, confidence will be boosted.
$45 is the nearest area of interest and it is rejecting.
This would be the paths I will be looking to play out, and play if printed.
Cheers.
#TOMO/USDT 12h (#Bybit) Ascending trendline breakdown and retestTomoChain seems likely to be rejected on TL resistance and head down towards 100MA support.
⚡️⚡️ #TOMO/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (1.7X)
Amount: 5.1%
Current Price:
1.5155
Entry Targets:
1) 1.5995
Take-Profit Targets:
1) 1.0505
Stop Targets:
1) 1.9665
Published By: @Zblaba
OMXSTO:TOMO #TOMOUSDT #TomoChain
Risk/Reward= 1:1.5
Expected Profit= +58.3%
Possible Loss= -39.0%
tomochain.com
#SCRT/USDT 1D (ByBit) Falling broadening wedge breakoutSecret Network is about to regain support, seems ready for short-term recovery towards 100EMA & 200MA resistances.
⚡️⚡️ #SCRT/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (2.4X)
Amount: 5.0%
Current Price:
0.3480
Entry Zone:
0.3458 - 0.3218
Take-Profit Targets:
1) 0.3999
2) 0.4497
3) 0.4995
Stop Targets:
1) 0.2785
Published By: @Zblaba
$SCRT #SCRTUSDT #Secret #Privacy
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +47.5% | +83.3% | +119.1%
Possible Loss= -39.8%
Estimated Gaintime= 1-2 months
scrt.network
TRADE ALERT - LONG JOEYes, I know. The altcoin market is very nervous. And rightfully so. But Defi does especially well comparatively when regional banks are faltering. Right now, regional banks (KRE) are moving down and becoming weaker once again. Could we see more defaults? Probably. But this isn't about regional banks is it. We're looking at JOEUSD, a nifty little Defi play. So, aside from fundamentals, let's take a quick look at what the technicals might be showing us here:
#1. Bullish divergence on the RSI. And everytime we hit that slowly ascending RED TL, price moves up rapidly. I like the probability here.
#2. Price support on that RED TL which intersects with a nice level AND the bottom of that triangle, making it a huge area of confluence where support is strong.
#3. That triangle though.
I have entered here at .265 and will be pulling profits along the way (especially at those moving averages). Final target is around .45 with a SL at .235.
This is not financial advice. Just showing you all what I am doing here.
Best,
Stew
#MKR/USDT 4h (ByBit) Ascending wedge on resistanceMaker is up-trending for a month but printed 3 shooting stars in a row, looks likely to retrace down to 100EMA support.
⚡️⚡️ #MKR/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (5.0X)
Amount: 5.0%
Current Price:
1270.0
Entry Zone:
1285.0 - 1340.0
Take-Profit Targets:
1) 1186.0
2) 1091.0
3) 996.5
Stop Targets:
1) 1418.0
Published By: @Zblaba
CRYPTOCAP:MKR #MKRUSDT #Maker #DAO #DeFi
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +48.2% | +84.4% | +120.4%
Possible Loss= -40.2%
Estimated Gaintime= 1-2 weeks
makerdao.com
#RNDR/USDT 1D (Bybit) Rising wedge breakdown and retestRender Token pulled back to 50MA resistance and could push a bit higher before resuming the retracement down to 200MA support.
⚡️⚡️ #RNDR/USDT ⚡️⚡️
Exchanges: ByBit USDT, Binance Futures
Signal Type: Regular (Short)
Leverage: Isolated (2.2X)
Amount: 5.0%
Current Price:
2.27450
Entry Zone:
2.29510 - 2.52750
Take-Profit Targets:
1) 1.89170
2) 1.50035
3) 1.10905
Stop Targets:
1) 2.84610
Published By: @Zblaba
CRYPTOCAP:RNDR #RNDRUSDT #Render #AI #BigData #GPU #Web3
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +47.4% | +83.1% | +118.8%
Possible Loss= -39.7%
Estimated Gaintime= 1-2 months
rendertoken.com