BREAKOUT COIN : Possiblity for breakoutThe coin is at a very important level and has a high chance of breaking out. The reason for this update is that this coin has crossed some patterns on the trading view, and as we mentioned, this coin has a high likelihood of breaking out. However, it is important to always manage your risk and remember that there are no guarantees in trading. We are sharing this coin with you because we expect it to make a new breakout view."
Between 22- 39 USD is an important and focus target.
it's a coin that shows an expected breakout.
This is not trading advice, manage your risk all time.
DEFI
$KNC/BTC 12h (#Binance) Falling broadening wedge breakoutKyber Network Crystal regained 50MA support and looks ready for a short-term recovery after that clear retest.
⚡️⚡️ #KNC/BTC ⚡️⚡️
Exchanges: KuCoin, Binance
Signal Type: Regular (Long)
Amount: 6.9%
Current Price:
0.00003839
Entry Targets:
1) 0.00003764
Take-Profit Targets:
1) 0.00004582
Stop Targets:
1) 0.00003217
Published By: @Zblaba
MLN getting ready, let's GO!POSTED b4
IMO 3 overlooked #crypto gems
$MLN #DEFI #assetmanagement
This bad boy's HIGHLY manipulated IMO
HUGE swings but = GREAT if you time them properly
Volume is KEY!
Usually @ support levels!
Shows some accumulation
#MLN been very fruitful
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New post
ZZZZZZZ
Come on $MLN you know you want to MOVE!
Just a lil more volume & trading above Red Mov avg!
Should move early Dec
Like small mkt cap & GREAT FDV(FDM)
#cryptocurrency #crypto
Potential DeFi Bearflag Testing 88.6% Retrace as ResistanceI'm currently not so optimistic about DeFi products and believe that it will be the weakest sector in the crypto market so I have been taking and looking for bearish trades within the DeFi Market and Matic, along with ETH right now appears to be in a position where they could crash and lose a lot of their respective values.
ALPHA.2023My prediction from alpha chart before halving 2024.
If the market trend is upward from the beginning of 2023, there is a high probability that we will see something like this from Alpha. Due to the development of the project and its good cooperation with projects such as MATIC, INJECTIVE, BAND PROTOCOL, OASIS,...
2/3 IMO 3 overlooked #crypto gems $MDX$MDX = #DEX #DEFI
Made $ held 2/3 position was looking to buy back in mid 7's but was busy this weekend
MAY buy low 8's if possible
👀@ BUYS 1 RED volume day
Can easily 2-3x IMO
You can get on their exchange for less than others
Very interesting #DEX
#AAVE - DeFi protocol AAVE faces bad debt and centralized points#AAVE - DeFi protocol AAVE faces bad debt and centralized points of failure
Broken key support now along with some very bearish news. Unlikely new money will be going in even if there is a bullish turn from BTC. Hopefully should be a pretty safe bet here.
protos.com
🟪 #AAVE/USDT
• 🐻 Strategy: Short
• 👉 Exchange: Multi-Exchange
• 👉 Account: Futures
• 👉 Entry mode: Market order in range
• 👉 Invest: 0.59%
• 👉 Leverage: 10x CROSS
• 🚫 Stop: 56.71 (-84.7%)
• 💰 Entry: 52.28 ⌁ 52.85
• ⎿ Current market price: 52.28
• ⎿ Target 1 : 45.04 138.5%
• ⎿ Target 2 : 42.68 183.6%
• 📊 Technical indicators:
• ⎿ 24h Volume: 63355957.71
• ⎿ Satoshis: 52.28
LUNC Weekly Bearish Cycle Projection ProgressionWe've come a long way from the top of the previous projection (marked in light orange) and are now 78% of the way complete. From the looks of things we are setting up to make another push to the downside in relation to the projected price action; especially as the DeFi sector within crypto continues to underperform the rest of the market.
ETHBTC looking strongWhile ETHUSD isn't looking the hottest right now, ETHBTC is looking pretty good. ETH was able to put in a bullish inside bar/ pin bar vs BTC on the weekly. For this setup to remain valid price needs to stay above the low of the pin bar but optimally I'd like to see it stay within the channel. Target would be the upper end of the channel if the setup plays out.
DefiLlama: Total Value Locked by Protocols"Exchange is not your wallet".
"Not your keys, not your coins"
Despite the strong turmoil due to the FTX crash, DeFi dApps (Decentralized Finance applications that run on blockchains) remain intact, at least for the most part.
And given this bad context of the crypto market, it is worth noting that Dexes (decentralized exchanges) and Landing Protocols have proven to be much more resilient and secure than centralized exchanges, since the former have a more open administration and a source code that can be accessed and audited.
On the other hand, centralized exchanges are a black box, and at this delicate moment, there are doubts if they really have enough balance to honor all withdrawals.
DefiLlama TVL (Total Value Locked)
The graph presented here shows the monetary values locked in the main dApps, also called protocols.
What the graph indicates is that the DeFi ecosystem remains intact, and so far the application that has suffered the most withdrawals and losses has been Mango Markets, which runs on the Solana blockchain.
Due to the Alameda/FTX contamination, some Solana dApps may suffer more.
The worst case scenario in case of eviction
According to DefiLlama, the total amount locked in DeFi is $76.13b.
Doing a very quick baker's account with approximate values:
+ Total TVL: $76,000,000,000.00
- FTX Leak: $10,000,000,000.00
- Investments by Alameda/FTX in Solana and some dApps: $6,031,139,675.00
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= $59,968,860,325,000 (-21%)
So, if the market drops more, we could have a drop of another 21%, distributed among these protocols.
But, again, this is just a quick calculation and could be wrong, and it is not investment advice.
Final word
This will be a time of consolidation, in which ecosystems with solid governance will prove their worth and emerge from this crisis even stronger.
DefiLlama: Total Value Locked in Blockchainsℹ️ This is a complementary study of the idea below, where I analyzed the TVL of the main dApps:
Basically, here's a more macro view of DeFi ecosystems.
Making a very crude analogy, dApps would be like the banks of the physical world, while blockchains would be the cities/countries where these banks reside.
Total Value Locked in Blochchains
Ethereum continues to reign isolated in the lead.
Binance Smart Chain follows in second place, followed by Tron, AVAX, Matic, Optimism, Cronos, Solana, FTM, among others.
Last on this list are Ethereum Classic and Ethereum PoW.
The chart still does not show Solana's decrease, which is currently at $656.23m.
I believe it is due to a delay.
That's a 24% drop from the previous day.
Now it remains to see the scenes of the next chapters.
Airswap structure intact. Beginning of price mark up phase#Custodial-exchanges have taken an irreparable blow in the latest #ftx bank-run.
The answer is peer-to-peer decentralised exchanges that run directly from personal wallets.
#Airswap has finished it's accumulation phase and will now enter it's price mark up phase. This is most evident in the weekly RSI.
I use the RSI to find "outliers" and the RSI averave to identify the trend while the 50 point mark or meridian acts as a barrier.
In the last two years through accumulation AST investors have taken the available supply at these low levels.
Zooming in closer to this week's RSI outlier we can see that it failed to go below the 50 point mark while the trend and structure remain intact.
I expect the mark up phase to take place from now until May 2023 with a double top forming around September of 2023.
Personally I am patientiently awaiting an integration with #Celer's Instant messaging protocol which will give us more options with-in the airswap protocol.
My main price target for AST is $15 USD.