$MASK/USDT 4h (#BinanceFutures) Rising wedge breakdown & retestMask Network got rejected on 100EMA resistance and seems likely to continue with the downtrend until it regains it.
mask.io
If you are not used to operate bearish set-up, you can use the targets to buy in Spot instead
Current Price= 5.996
Sell Entry= 6.069 - 6.488
Take Profit= 5.054 | 4.316 | 3.677
Stop Loss= 7.261
Risk/Reward= 1:1.25 | 1:2 | 1:2.65
Expected Profit= +19.50% | +31.25% | +41.43%
Possible Loss= -15.66%
Fib. Retracement= 0.786 | 1.272 | 1.764
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
Contracts:
#ERC20 0x69af81e73a73b40adf4f3d4223cd9b1ece623074
#BEP20 0x2ed9a5c8c13b93955103b9a7c167b67ef4d568a3
#Polygon 0x2b9e7ccdf0f4e5b24757c1e1a80e311e34cb10c7
DEFI
Long term health of DEFI in a critical moment - Triangle versionOn my latest post, I mentioned that 1900 usdt was an important area to watch and which we were rejected.
On this set up, we can see that DEFI/USDT is forming a triangle on the LOG chart.
The RSI shows that we will enter in a long period of consolidation(look at the descending trend lines), however we will have some excellent gains if we play it well.
When we see this chart, we can be bullish on the defi coins until we touch the upper line of the triangle which we will exit positions & wait and see.
Follow for more updates.
Bitcoin Breaks Resistance and Government Loses Their MindsBitcoin breaks above old support at $40,000 and is holding. This is showing that it may be ready to make another run for it. $53k is real resistance and we need to be watching that. If we break hard to the downside off $53k then we may have just triggered our next huge sell-off into that $30k range. The best thing would be $40k remains as support and I don't think it would be long before $53k is broken with our high $60k becoming the realistic resistance before we head to new highs.
The government is losing their minds and are trying to sneak in some language to allow them to go after crypto exchanges. I would encourage others to go search for a recent article by Forbes talking about Gary Gensler from the SEC and a Trojan Horse such into some other regulation. This will allow them to also come after the Defi world. Not good news. Regulation is coming in one form or another but how heavy does it get? The government and the FED are not going to let this go lightly because it's about control over money supply and value. Is Bitcoin going to suffer the same consequences as gold did in 1933 when it became illegal in the US for citizens to hold? Anything is possible and I know most of you out there would be selling to avoid jail. No atheists in fox hols, bro. Let's see where this goes but make sure we stand up for what is best for all of us in this country. Freedom and competition in currency.
GRT/USDT - Range Trade - 100% profit from entry.In my opinion The Graph (GRT) still is undervalued with around 2,800,000,000$ market taking 51th place cmc. 100% is very likely to hit this quarter.
Tight stoploss is part of my strategy. Sometimes I might catch stoplosses 2, 4, 6 times before reaching TP.
Long term health of DEFI in a critical moment - VWAP versionAnchored VWAP measures the average profitability of the selected period.
In a nutshell, if price is above the VWAP line, majority of traders are in profit. This shows that there is a bullish momentum and can attract more and more people (money attracts money). However, when many traders are in profit, the selling pressure can be higher which can result in a price decline.
Same way goes for when price is below VWAP line, majority of traders are in a loss, which show the bearish momentum as people are trying to exit on each pull-back and get their money back. However, when sellers are exhauster we can see a bottom and change of trend.
Right now, traders are almost at break-even.
The million dollar question is : Are traders going to take advantage of the low price to buy at discounted prices and break this resistance at 1,900 usd OR sell, get their money back and buy again later on?
There is a big support level at 1,110 usd in case bears take control.
Follow for more Updates.
CAKEUSDT, Finally we made it Hello everybody
Did you check event of today ? Did you check unemployement rate ?? Do you know how you can analysis when the news coming ??
If you want to learn Fundamental & Technical analysis send us messages ---> Our id is in profile
According to the last analysis we shown on chart that the price was making a triangle and we need to break it and then wait for the pullback and trigger for entrance then you can take position and buy, at this time finally we have candle stick pattern is making after broke and its morning star.
According to the pattern we can buy some part in here in this price and put our SL and the below of the pattern and wait until the target that we shown reach.
Good Luck
Abtin
DYDXUSDT, Did you bought ???Hello guys
I hope you re in profit in these days of market, the condition of market is not stable and we should conscious and becareful about our capital.
Do you know about DYDX ?? Do you know why is the first and most poweful exchange on defi base ? Do you know anything about Zk-Rollups ??
If you wanna learn Fundamental & Technical analysis you can send us messages in private ---> Our id is in profile
According to the chart and our serial previous analysis of DYDX : Both of our buy zone area activated and now because of the consolidation the price in support zone area that rise the expectation that the price can rise up to test resistance zone trendline .
We shown sensitive zone that can drop the price if the price can break this level successfully the price can reach to the new target that we try to update that very soon.
If you have any question send us messages in private
Good Luck
Abtin
Previous analysis :
BTC Final Rejection Before Moon Mission!?Bitcoin has been struggling to pass the white diagonal trendline shown since November 2021. With BTC getting rejected multiple times, it's been moving lower and lower and now it's at what's arguably the most important support zone. With that being said, this zone is the perfect area for the bulls to come in and push the price through the trendline shown. Once this breaks, as I've mentioned before, We can expect a massive run-up. It might fall back down to retest the trendline before the run truly begins. Let's keep an eye on the white trendline over the next few days.
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
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This is not financial advice. This is for educational purposes only.
Bitcoin Crash and Correction NOWBitcoin hits the Trendchannel exactly again like 2 Times ago in this Bearmarket.
There was after every test a -23% correction.
It´s really possible because of the Fed´s Money policy (Tapering and a higher main interest) that there´s comming until march another correction.
The patterns which are Rising Wedges are also exactly the same like the two times ago.
Another indicator is the Volume .
If you look at the volume from the two corrections before, you can see that its the same like today.
If Bitcoin crashes -23% again it tests perfectly the red marked BIG and Strong Support zone which is 29.000.
Bitcoin
Its nice that all these bad things are happening in the beginning of 2022 because then there are nearly no bad news at the next Bullrun which is gonna be insane.
Illiquid Shock Ratio: Rising
Open Interest: Rising
Support Level: 28.800 USD
Absolute Support Level: 20000 USD (200 Daily MA)
Short until 29.000 USD
Long Term: REALLY Bullish and accummulating
Short Term: Bearish
THE FUTURE IS GOING TO BE INSANE!
Curve Pushing back to $6?CRV/USDT at the weekly midpoint of the range. It has closed above the midpoint and is looking to make a push back to the range high. If bitcoin continues to move toward 40-41k then we will likely see this trend continue to the range high. Targeting mid $4s to unload holdings.
$LPT/USDT 6h (#BinanceFutures) Bull pennant breakout and retestLivepeer Token regained 200MA support and looks ready for bullish continuation after that pull-back.
livepeer.org
Current Price= 46.751
Buy Entry= 46.750 - 44.510
Take Profit= 53.870 | 62.582 | 75.612
Stop Loss= 40.908
Risk/Reward= 1:1.75 | 1:3.59 | 1:6.35
Expected Profit= +36.12% | +74.30% | +131.42%
Possible Loss= -20.70%
Fib. Retracement= 0.618 | 0.786 | 1
Margin Leverage= 2x
Estimated Gain-time= 1 month
Why you should have this cryptocurrency todayThe current market cycle is focused only focused in one thing and that is: who will be the better Ethereum? This has sprung dozens of worthy contestants each with their own rightly claim to the throne.
Sell pickaxes to miners instead of trying to find gold yourself.
Between all these different chains there is one occurring problem that all of them face: inoperability. Every single of these blockchains is its little own isolated planet with no way of reaching more resources. If you want to move to one of these blockchains you will need a bridge.
This is where Multichain (previously Anyswap) comes in. This concept isn't new or even original.
Even caveman could make simple stick bridges but that doesn't mean they were going to last years on end.
Multichain currently offers the biggest blockchain catalog, liquidity and even backing by Binance and other venture capital firms, and when push comes to shove this should reassure you at least a bit that everything will be make in order to assure safety to the costumer since they will charge a fee instead of you being a guinea pig for someone's failed decentralization scam.
These projects are designed to be profitable to the investors while solving a critical piece of annoyance to users and they are willing to pay for that.
In Multichain's case anyone can own a piece of governance of the protocol and that exposes the ones that buy the token to benefit from the ever increased usecase while riding this crypto Game of Thrones over what blockchain will be the next crypto goliath. What if I told you I already know who wins?
$looksrare not just a flash in the pan #opensea competitor #NFTFor much of 2021 OpenSea was the market leader in the nascent NFT space…trading volume in several sought after projects serve to ensure that the revenue generated as well as venture capital interest increase. Most recent reports points to a 300.0M raise pushing value to $13.0B +/- one wonders why the need to raise cash if you are sitting on a cash machine. But that is the story for another time. Yet while the good times roll…OpenSea committed the #1 faux pas…failing to provide a support base for its stake holders.
see review on substack
SUSHIUSD at $5-7 and $65-120 Myth or Reality ?Today, a review on the trading pair SUSHIUSDT It's been a long time since we looked and analyzed the possible scenarios of the SUSHI price movement.
We don't know about you, but we think that the chart shows that another correction impulse down is about to happen.
The best-case scenario is that the buyers will stop the fall of the SUSHIUSD at $7.30-$7.5 0 and a possible global rally to $65-67 from there.
In the worst case , the fall will be with a renewal of the minimum in the area of $5. Of course, in that case consolidation on bottom will be delayed for a longer period of time, but the global target will grow to the area of $100-120.
Or maybe we don't know something about Sushiswap project and its token SUSHI will have phenomenal growth from the current prices?
Let's share our opinions in comments
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