Avax Long positionAvax 1 D timeframe chart is showing signs of momentum and strengh. Great opportunity to go long on avax.
-Rsi bullish divergence;
-Volume decreasing;
-Geting close to a huge support zone.
DEFI
AVAX Investment Opporutunity📆🟡 AVAX/USDT (Avalance)
📊 Time Frame: 4H
➖➖➖➖➖➖➖➖➖➖➖➖➖➖
💎 Investment Opporutunity
🟢 BUY : 50.5$ - 55.5$
🟢 BUY : 40.5$ - 45.5$
🎯TP: 64$ - 72$
💹 Stop loss: One Daily Candle below 38$
✍ Analysis Method : ICT+ Neural Network
📆05.07.2022
ETH/USD Daily Neutral BearishETH/USD Daily TA neutral with a bearish bias. Recommended ratio: 35% ETH, 65% cash. Price is currently retesting $2684 minor support after being rejected by the uptrend line from 01/22/22 at ~$2900 as resistance. Volume remains moderately low and has favored sellers in two consecutive sessions, if bulls can't defend this minor support then three consecutive seller dominant days is likely. Parabolic SAR flips bullish at $2960. RSI is currently trending sideways at 55.31 just above 36.91 support. Stochastic is on day 2 of being bearish and is breaking down below 46.76 resistance after briefly breaking out above it; it is currently trending down at 29.77 with no signs of trough formation and the next support (minor) is at 17.81. MACD remains bearish after a failed attempt at a bullish crossover and is currently retesting -90.80 support. ADX is currently trending up slightly at 26 as Price continue to see selling pressure, this is bearish. If Price is able to defend support at $2684, then the next likely target is a retest of $3000 resistance (which would also be the largest supply zone). However, if Price breaks down here, then it will likely retest $2544 support before potentially retesting $2408 minor support. Mental Stop Loss: (two consecutive closes above) $3000.
DeFiChain Looks Extremely BullishOn the USD pair (left) three breakout attempts including current can be identified, the current one presents a nice bullflag to buy into on this daily timeframe
I dont have much to say about the BTC pair
Defi is forming a triple bottom⁉️💎In one of our last Defi analyses we have shown the formation of the double bottom. After the price bounced off the 8500 resistance area for the second time, we can witness a potential formation of a triple bottom.
💎The critical support lies at 5590, which is confirmed by the 88.6% Fibonacci retracement level. As of yet, Defi respected the support while trading at the bottom of the 5590 - 8770 range. This might be the beginning of a new cycle, based on the previous market waves.
💎We must start to see is ...
DEFI TOTAL BullishDEFI TOTAL looks extremely bullish as it sits above this yellow long term trend line and post moving out of a rising wedge that will end up playing in the bullish favor
Triangles like this have been seen before and are in green
VVS staking holding% per cent within 2 MVVS lost abou 70% on token valuing (1k apy current)
it will be hard to solve for buyers above 3M, but theres good sighns of recovering about 30 per cent in 2M
zero fee dex?crab harmonic pattern:
X=$2.86
A=$0.0036
AB=0.61 XA
BC=0.38 AB
1.6 BC=$0.594
0.78 XA=$0.685
2 BC=$1.08
0.88 XA=$1.33
2.24 BC=$1.58
2.6 BC=$2.86
1.13 XA=$6.8
3.6 BC=$13.76
1.27 XA=$17.54
4.23 BC=$36.33
1.41 XA=$44
1.6 XA=$176
#HEX vs #BTC consolidation nearing completionRegular followers know I've been observing this consolidation period for a long time.
And have noted the remarkable similarity, a fractal if you will.
Which makes sense as HEX was designed to be a better #Bitcoin i.e a store of value and addressed the shortcoining of the BTc protocol design (like many other coins before it)
where holders get coin inflation to maintain strength of the price and network.
Yet unlike most altcoins beyond an initial pump a sustainable growth vehicle.
True Hodler of last resort network and protocol.
(beware of extreme volatilty during the coming pulsechain lunch - a run to 25 cents is likely , there may even be a post fork dump, almost inevitable give the strong recent price action)
➡ Plain technical analysisIf this symmetrical triangle does break to the upside, we can approach the next level in DFI/USDT. It looks bullish but bearish trends in BTC can and will, of course, also drag the DFI prices down.
📈 Bulls are hissing their flag in DFIEURChart with only the closing prices because otherwise, you have way too much noise in the DFI/EUR chart. This is a clear bullish sign. But as always - it depends on what mother Bitcoin is doing. When BTC falls, it will be hard for DFI even to hold the current price levels.
SNXHolding up fairly well in this downturn, has a use case and will probably trend higher in the coming years.
DeFi (TOTALDEFI)• DeFi about to see significant corrections Bad news for people holding defi coins/tokens.
The markercap of DeFi coins/tokens (TOTALDEFI) is looking weak vs USD and BTC.
Some serious corrections likely on the line as we observe some relevant trendlines being broken.
COMP | Compound Bearish Descending Triangle Indicating -30%COMP is forming what looks like a descending triangle. Volume is dropping and COMP's price has just crossed the MA50, which didn't offer much support.
Once Compound closes below $115, I think it's safe to assume that COMP is going to test its November 2020 low at ~ $80.6.
Let's see how this plays out.
Thanks for your support.
Have a good one.
Reef is about to explode!Double top! Reef has retested this situation in the past and it is now about to break an important trend line!
Watch for 0.0092 as a resistance!!!
more slide gives higher targets!crab harmonic pattern:
X=$0.00164
A=$0.0000144
AB=0.38 XA
BC=0.88 AB
0.78 BC=$0.0000626
0.88 BC=$0.0000734
1.6 BC=$0.000235
0.61 XA=$0.000279
2 BC=$0.000433
0.78 XA=$0.000598
2.24 BC=$0.000635
0.88 XA=$0.00096
2.6 BC=$0.00116
1.13 XA=$0.00305
3.6 BC=$0.00570
1.41 XA=$0.0115
4.23 BC=$0.0152
1.6 BC=$0.0307
FTM pivotal pointRight now is a pivotal point in fantom's chart. One last support is available before ultimate capitulation and a dreadful crash.
Huge potential, over 110%On 1H TF
AAVE's dropped to 160 then it's trading in narrow range to consolidate before it might be breakout descending trendline.
Right now, AAVE is in a good zone to buy with less risk
Safer option, waiting for confirmation breakout then buy.
Wait and see
$LINA/BTC 12h (#BinanceSpot) Descending trendline break & retestLinear Finance is pulling back to 50MA & 200MA support which just made a golden cross, looks ready to bounce back!
Current Price= 0.00000058
Buy Entry= 0.00000059 - 0.00000055
Take Profit= 0.00000068 | 0.00000076 | 0.00000087
Stop Loss= 0.00000048
Risk/Reward= 1:1.22 | 1:2.11 | 1:3.33
Expected Profit= +19.30% | +33.33% | +52.63%
Possible Loss= -15.79%
Fib. Retracement= 0.5 | 0.786 | 1.117
Margin Leverage= 1x
Estimated Gain-time= 5 weeks
Tags: #LINA #LINABTC #Linear #Yield #Farming #DAO #DEx #DeFi #BSC #DotEco
Website: linear.finance
Contracts:
#ERC20 0x3e9bc21c9b189c09df3ef1b824798658d5011937
#BEP20 0x762539b45a1dcce3d36d080f74d1aed37844b878
DFI gets technical supportYou can see multilevel support around the current price levels. Probably the price drop will be held at the level 2.36 - 2.51 USD. You could consider a speculative long entry, but this is only speculative. We don't know if the multilevel support holds or not. It depends probably mainly upon Bitcoin - if BTC makes dead cat bounce DFI will raise as well.
LONG COMP @ 128-129 Compound is a protocol on the Ethereum blockchain that establishes money markets. Money markets are pools of assets with algorithmically derived interest rates. Suppliers (and borrowers) of an asset interact directly with the protocol, earning (and paying) a floating interest rate. Compound is now available on DeFi Swap. Users can swap Compound, be Compound Liquidity Providers to earn fees and boost their yield when staking.
Why I think that Bitcoin is in the bear downtrend?Hey Tradingview crypto community!
Today I am sharing a couple of more ideas confirming that the price of Bitcoin is due for a further slip to the downside.
First of all, I would like to bring to your attention a bearish flag pattern formation on the daily timeframe of Bitcoin chart.
After some sideway moves within the band of this bearish flag, we are finally seeing that the price of Bitcoin has finally broken its
lower boundary.
I am not saying with 100% certainty that we will see Bitcoin moving towards the lower price levels immediately due
to huge manipulations by whales in the market. Thus, it could well be a 'fake out' and we could see Bitcoin pushing up to $51K level before
continuing its bear trend trajectory.
However, and if the bearish flag pattern will play out sooner or later, we could see Bitcoin price declining by the length of 'flagpole' and
reaches the $13.5K price level. Of course, this is a textbook theory move indicating where Bitcoin price should be heading towards. This price level
almost coincides with the 2018 Bitcoin 81%-83% correction standard where's we could see the Bitcoin bottom at $11.5K. Only if its past history repeats itself once again.
All I am 100% certain 100% that whilst three weekly Bitcoin candles have closed below the 21 Day EMA, Bears are definitely in charge of this battle.
