DEFI
ETHUSD Daily TA BearishETHUSD Daily bearish. Recommended ratio: 5% ETH, 95% Cash. *With Celsius and 3AC both crashing hard and on the verge of total collapse, the crypto market is continuing to take a barrage of bearish hits during a period of Fed QT and hawkish monetary policy.* Price is currently forming a Bearish Engulfing candle (at $1050) as it quickly approaches sub-$1000 prices; the next support is at $775.83. Volume is Moderate (high) and, if it closes today in the red, will have favored sellers in nine of the ten last sessions. Parabolic SAR flips bullish at $1550, this margin is mildly bullish. RSI was rejected by the uptrend line from 01/22/22 as resistance and is currently trending down at 20; the next support is the ATL at 17.42. Stochastic crossed over bullish at 3 in yesterday's session and is already on the verge of regressing to a bearish crossover at 3 in today's session; the next resistance is at 17.81. MACD remains bearish and is currently trending down at -237 with no signs of trough formation as it is slowly losing -197.34 support; the next support is the ATL at 318.82. ADX is currently trending up at 47 as Price continues to fall, this is bearish. If Price is able to bounce here it will have another opportunity to test the lower trendline of the descending channel from October 2021 at $1350 as resistance. However, if Price continues to break down here it will likely test $775.83 support for the first time since breaking above it in January 2021. Mental Stop Loss: (two consecutive closes above) $1350.
WFTM-GEST: Your eyes are not lying.. This is why I have become a DeFi degen.
From October of 2021 through June 2022, wFTM/GEIST LP token appreciated by 76,000%. That's a whopping 760X. $5k netted $3.8MM in 9 months.
ETH/USD Daily TA Cautiously BearishETH/USD Daily cautiously bearish. Recommended ratio: 10% ETH, 90% Cash. *FOMC WATCH tomorrow at 2pm. For those thinking that Celsius Network is what caused this recent crypto downturn, the same can be said for Terra, and both look like prime scapegoats but the fact is that they merely added fuel to an already blazing fire. $9.3 trillion has now left the stock market since the Fed announced QT in January, add supply chain woes prompted by Covid-19 and later exacerbated by Russia/Ukraine (as well as still ongoing lockdowns), and we are beginning to paint a clearer picture as to why speculative capital is fleeing equities and crypto.* Price is currently trending down at $1200 but is still technically testing the lower trendline of the descending channel from October 2021 (~$1400) as support. Volume is High and is currently on track to favor buyers (after seven consecutive sessions of seller dominance) if it can close today in the green - buyers are showing up at this current level. Parabolic SAR flips bullish at $1750, this margin is mildly bullish. RSI is currently bouncing at 21 and is still technically testing the uptrend line from 01/22/22 (26.50) as support - it would need to climb back above 26.50 quickly to retain support. Stochastic remains bearish and is currently on the verge of crossing over bullish at max bottom. MACD remains bearish and is currently testing -197.34 support with no signs of trough formation; the next support is at -318.82. ADX is currently trending up at 43 as Price continues to fall, this is bearish. If Price is able to bounce here then it will likely test the lower trendline of the descending channel from October 2021 at ~$1400 as resistance before potentially reclaiming legitimate channel support. However, if Price continues to break down here, it will likely test $775.83 support for the first time since breaking above it in January 2021. Mental Stop Loss: (two consecutive closes above) $1400.
$SAND/USDT 2h (#BinanceFutures) Ascending triangle on supportThe Sandbox is pulling back to descending TL / 200MA which is about to golden cross with 50MA!
Current Price= 1.3503
Buy Entry = 1.3472 - 1.2470
Take Profit= 1.6099 | 1.8454 | 2.1595
Stop Loss= 1.0354
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.3
Expected Profit= +24.12% | +42.27% | +66.49%
Possible Loss= -20.18%
Fib. Retracement= 0.559 | 0.702 | 0.883
Margin Leverage= 1x
Estimated Gain-time= 10 days
Tags: #SAND #SANDUSDT #NFT #Metaverse #P2E #Gaming #Creation #Launchpad #DeFi #SolEco
Website: www.sandbox.game
Contracts:
#ERC20 0x3845badAde8e6dFF049820680d1F14bD3903a5d0
#SPL 49c7WuCZkQgc3M4qH8WuEUNXfgwupZf1xqWkDQ7gjRGt
$CTSI/USDT 12h(#BinanceFutures)Falling broadening wedge breakoutCartesi regained 50MA support and seems ready for bullish continuation, after a last pull-back if we are lucky enough!
Current Price= 0.2394
Buy Entry= 0.2173 - 0.1965
Take Profit= 0.2626 | 0.3118 | 0.3520
Stop Loss= 0.1622
Risk/Reward= 1:1.25 | 1:2.35 | 1:3.25
Expected Profit= +26.92% | +50.70% | +70.14%
Possible Loss= -21.61%
Fib. Retracement= 0.5 | 0.618 | 0.702
Margin Leverage= 1x
Estimated Gain-time= 1.5 months
Tags: #CTSI #CTSIUSDT #PoS #Staking #L2 #Scaling #SC #Rollup #DApp #DeFi #BSC
Website: cartesi.io
Contracts:
#ERC20 0x491604c0fdf08347dd1fa4ee062a822a5dd06b5d
#BEP20 0x8da443f84fea710266c8eb6bc34b71702d033ef2
#AVAXC 0x6b289cceaa8639e3831095d75a3e43520fabf552
#Polygon 0x2727Ab1c2D22170ABc9b595177B2D5C6E1Ab7B7B
#Arbitrum 0x319f865b287fCC10b30d8cE6144e8b6D1b476999
ETH/USD Daily TA BearishETH/USD Daily bearish. *The weekend sell off in cryptos is continuing into Sunday's session with no respite amidst growing fears of a hard landing/deep recession.* Recommended ratio: 5% ETH, 95% Cash. Price is currently in a precarious position as it is currently testing the lower trendline of the descending channel from October 2021 at $1426 support and is also still technically testing the lower trendline of the Bull Flag from 05/12/22 as support. Volume remains Moderate (high) and is on track to favor sellers for a six consecutive sessions if it can close today's session in the red. Parabolic SAR flips bullish at $1885, this margin is neutral at the moment. RSI is currently trending down at 28 and is beginning to form a trough as it approaches a test of the uptrend line from 01/22/22 at 27 as support; if it breaks below this level, the next support would be the ATL at 17.42. Stochastic remains bearish and is currently testing max bottom (where it has the potential to coast for a while in the "bearish autobahn zone"). MACD crossed over bearish at -142 in today's session and is currently trending down at -153; the next support is the ATL at -318.82. ADX is currently trending up at 40 as Price continues to fall, this is bearish. If Price is able to defend support here at the lower trendline of the descending channel from October 2021 at $1426 support, then it will have to recapture support at the lower trendline of the descending channel from 05/12/22 at $1525 before it can aim to retest $1711 minor resistance. However, if Price continues to break down here, it will likely test $775 support for the first time since breaking out above it in January 2021. Mental Stop Loss: (two consecutive closes above) $1560.
ETH/USD Daily TA Cautiously BearishETH/USD Daily cautiously bearish. *CPI report came out today... 8.6% inflation reading sent both equity and crypto markets lower, Gold is slightly up on the day.* Recommended ratio: 20% ETH, 80% Cash. Price is currently breaking down below $1711 minor support (still technically retesting it) and looks like it wants to test the lower trendline of the descending channel from 05/11/22 at $1575. Volume remains Moderate (high) and is on track to favor sellers for four consecutive sessions if it can close today in the red. Parabolic SAR flips bullish at $1941 resistance. RSI is currently trending down at 34 and is still technically testing 36.91 support; the next support is the uptrend line from 01/22/22 at 27. Stochastic is on day two of being bearish and is currently retesting 46.76 support. MACD remains bullish but has formed a soft peak and is currently trending down slightly at -125; it would have to break below -140 to cross over bearish. ADX is currently forming a trough and is trending up slightly at 38 as Price continues to fall, this is bearish. If Price is able to bounce from $1711 minor support then it will likely retest the upper trendline of the descending channel at $1815 as resistance. However, if Price continue to break down here, it will likely retest the lower trendline of the descending channel at $1575 before potentially testing $1426 support (which would also coincide with the lower trendline of the descending channel from October 2021). Mental Stop Loss: (two consecutive closes above) $1812.
$RAY/USDT 4h (#BinanceFutures) Descending triangle breakoutRaydium has been retracing down big time and finally looks ready for reversal, at least short-term.
Current Price= 0.922
Buy Entry = 0.919 - 0.849
Take Profit= 1.072 | 1.239 | 1.390
Stop Loss= 0.733
Risk/Reward= 1:1.25 | 1:2.35| 1:3.35
Expected Profit= +21.26% | +40.14% | +57.22%
Possible Loss= -17.08%
Fib. Retracement= 0.236 | 0.382 | 0.5
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
Tags: #RAY #RAYUSDT #Yield #Farming #AMM #DEx #DeFi #BSC #Solana
Website: raydium.io
Contracts:
#ERC20 0x5245c0249e5eeb2a0838266800471fd32adb1089
#BEP20 0x13b6A55662f6591f8B8408Af1C73B017E32eEdB8
#SPL 4k3Dyjzvzp8eMZWUXbBCjEvwSkkk59S5iCNLY3QrkX6R
ETH/USD Daily TA Neutral BullishETH/USD Daily neutral with a bullish bias. *The Merge is officially live on Ropsten Testnet, IF all goes well in the coming months it will likely be deployed on Mainnet in August.* Recommended ratio: 53% ETH, 47% Cash. Price is currently trending down after being rejected by the upper trendline of the Bull Flag from 05/12/22 ($1863) as resistance. Volume remains Moderate and is on track to favor sellers for a second consecutive session if it closes today in the red. Parabolic SAR flips bullish at $1941 resistance, this margin is mildly bullish. RSI is currently trending sideways at 40 as it continues to hover above 36.91 support for an eighth consecutive session. Stochastic remains bullish and is currently on the verge of a bearish crossover at 73 as it aims to retest 80.69 resistance. MACD remains bullish and is currently trending up slightly at -124; the next resistance is at -90.80. ADX is currently trending down slightly at 38 as Price continues to consolidate for its next move, this is mildly bullish. If Price is able to break out above the upper trendline of the Bull Flag at $1863, the next likely target would be a formal retest of $1941 resistance. However, if Price continues to fall here then the next likely target would be a retest of $1711 support. Mental Stop Loss: (one close below) $1711.
$eRSDL - tkcross_channelbreak_1hr -Price is leaving the channel, ranging for now. Ichimoku;
tenken sen crossing kijun sen in the next few hours would signal bull. RSI has room to move up still. Greater volume is required for further upside imo. NA waking up.
Set call/limit order/alerts. Targets near the bottom of the kumo cloud. Tight stop at nearest bear fractal below call.
call/limit order: 0.1400
tp_01: 0.01514
tp_02: 0.01700
stop: 0.01230
never margin trade. go well.
ETH/USD Daily TA Neutral BullishETH/USD Daily neutral with a bullish bias. *The Merge is scheduled to go live on Ropsten Testnet in the next couple of days. Price is on day 26 of trading within a Bull Flag. Bitcoin has broken out to the upside. Still unclear whether this is a retracement or reversal.* Recommended ratio: 55% ETH, 45% Cash. Price is currently retesting the upper trendline of the Bull Flag from 05/12/22 after briefly retesting $1941 resistance. Volume remains Moderate (low) and is on track to favor buyers for three consecutive sessions if it can close today in the green. Parabolic SAR flips bullish at $1979, this margin is bullish. RSI is currently trending up at 42.71 after bouncing from 36.91 support. Stochastic crossed over bullish in today's session and is currently trending up at 71, the next resistance is at 80.69. MACD remains bullish and is currently trending up slightly at -135, the next resistance is at -90.80. ADX is currently trending down at 40 as Price continues consolidating, if ADX can form a trough as Price continues up it would be bullish. If Price is able break out above $1941, it will likely retest the 50/50 uptrend line from February 2017 at $2140. However, if Price breaks down here then it will likely retest $1711 minor support before potentially falling lower (lower trendline of the Bull Flag at $1600). Mental Stop Loss: (one close below) $1711.
$eRSDL - William's_R_ovrsld_long_1hr - Price seems to have cooled enough from the weekend pump to start adding more. NA markets open for the week in an hour. FA remains strong. William's %R is oversold. Potential bounce here if volume picks up. Set alerts, DCA.
Call/limit order filled: 0.01245
tp_01: 0.01562
tp_02: 0.01870
stop: 0.01091
Never margin trade. Go well
(-(-(-(-_-)-)-)-)
$eRSDL Flag pattern 4h TF - In a sea of red - All Boats rise -In a sea of red Unfederalresrve ($eRSDL) paints a beautiful bull flag.
there is fomo. looks like it will cool off for a while here unless more buyers come in.
there is good FA rn. All boats rise.
ETH/USD Daily TA Neutral BearishETH/USD Daily neutral bearish. *BREAKOUT WATCH, ETH is on day 24 of trading within a Bull Flag.* Recommended ratio: 40% ETH, 60% Cash. Price is currently testing $1711 minor support as it is approaching twenty five consecutive sessions of trading within a Bull Flag (bottom of the Flag is currently at $1650). Volume remains Moderate (low) and has been fairly balanced between buyers and sellers recently (indicating consolidation). Parabolic SAR flips bullish at $2000, this margin is neutral at the moment. RSI is currently trending sideways at 36.91 support. Stochastic is currently forming a trough at 55 just above 46.76 support; a break above 59 would result in a bullish crossover. MACD remains bullish and is currently trending sideways at -158; a break below -180 would result in a bearish crossover. ADX is currently trending down slightly at 42 as Price is testing $1711 minor support, this is neutral at the moment. If Price is able to defend support (minor) at $1711, the next likely target is a retest of the upper trendline of the Bull Flag at ~$1900. However, if Price breaks down here, it will likely retest the lower trendline of the Bull Flag at $1650. Mental Stop Loss: (two consecutive closes above) $1941.
#HEX to a penny! Roundtrip from original Bullish breakout Is the scenario that seems most probable.
The time it takes to get there is obviously still to be determined.
But given the nature of where #HEX trades solely on decentralised exchanges and given the pool of #USDC being depleted by sell transactions and general market panic and internal soon to be panic in the community.
I suspect it will bottom before the general market ,and so edging to a high probability it happens during the summer months.
At which point I hope to snag some cheap HEX ...
Lining up with the much delayed and anticipated #Pulsechain launch.
#HVF
#IHVF
@TheCryptoSniper
Dot hype and DEFI project might just be over Dot hype and it’s side chains ( mostly DEFI) might just be over. most defi will be dead with in 12 months
I’m waiting for the “ next” etherum killer to turn up for a year then go away like DOT and that massive scam EOS, AVAX might be the next mega hype
Yes like everything it will go up in a bull run but in general it’s like most blockchain projects ,,,, WORTHLESS
ETH/USD Daily Neutral BearishETH/USD Daily neutral with a bearish bias. *Fed is on day 2 of decreasing the balance sheet, Jamie Dimon says JPMorgan is bracing for an 'economic hurricane' , St. Louis Fed President Bullard suggests cuts may be possible in 2023 or 2024 once inflation comes down and there is widespread unanimity in both the Fed and Congress that inflation is the number one priority (hence the frontloading funds rate hikes this year). However, not all is bearish considering Ethereum has launched a new beacon chain on the Ropsten testnet and first trial of The Merge is expected on June 8th .* Recommended ratio: 40% ETH, 60% Cash. Price is currently trending down at $1850 after being rejected by the upper trendline of the Bull Flag from 05/12/22 at $1941 resistance; the next support is at $1711. Volume remains moderate and is currently on track to break break a two day streak of seller dominance if it can close today in the green. Parabolic SAR flips bullish at $2019; this margin is neutral at the moment. RSI is currently trending up slightly at 39.67 after bouncing from 36.91 support. Stochastic crossed over bearish in today's session and is currently trending down at 70 after being rejected by 80.69 resistance on the first test. MACD remains bullish and is currently trending up slightly at -160; the next resistance is at -90.80. ADX is currently trending down and beginning to form a trough at 43 as Price is falling; this is neutral at the moment. If Price is able to bounce here ($1850), it will likely retest the upper trendline of the Bull Flag at $1941 resistance. However, if Price continues to fall here then it will likely retest the lower trendline of the Bull Flag at $1711 minor support (and potentially lower). Mental Stop Loss: (two consecutive closes above) $1941.