Get started

DEFI

$YFI/USDT 3h (Binance Futures) Bull flag on supportYearn Finance broke-out bullish last week then pulled back to 200MA / desc TL forming a continuation pattern, let's enter here! Current Price= 28229 Buy Entry= 28163 - 26849 Take Profit= 32410 | 36128 | 40968 Stop Loss= 24697 Risk/Reward= 1:1.75 | 1:3.07 | 1:4.79 Expected Profit= +35.66% | +62.70% | +97.88% Possible Loss= -20.22% Fib. Retracement= 0.5 | 0.786 | 1.117 Margin Leverage= 2x Estimated Gain-time= 2 weeks Website: yearn.finance Contracts: #ERC20 0x0bc529c00c6401aef6d220be8c6ea1667f6ad93e #BEP20 0x88f1a5ae2a3bf98aeaf342d26b30a79438c9142e #HECO 0xb4f019beac758abbee2f906033aaa2f0f6dacb35 #AVAXC 0x9eAaC1B23d935365bD7b542Fe22cEEe2922f52dc #xDai 0xbf65bfcb5da067446CeE6A706ba3Fe2fB1a9fdFd #Fantom 0x29b0Da86e484E1C0029B56e817912d778aC0EC69
Long
by TradingOn
Chainlink (LINK) Is UndervaluedAs the major go to oracle in the crypto space that powers the majority of DeFi, Chainlink (LINK) is undervalued at these levels below the 0.236 Fibonacci level at $23. We're also in a trough on the weekly RSI's meaning we're pretty oversold. Chainlink has nice steady long term growth and I personally believe Chainlink under $20 is a steal long term. Point of Control (POC) is around $27.45 where the majority of price recognition has occurred.
COINBASE:LINKUSDLong
by peacefuljustin
FARM - my worst trade with some bullish signsI'm down with FARM trade approx. 60%. I missed stop loss point and now I'm stuck with it. With 60 million M. Cap it is good buy now considering falling wedge formation, RSI oversold with potential breakout and Stoch RSI nailed to the bottom for long time. Price reached almost historic lows and there is no point to sell here. Coin is available on Binance, Coinbase, Poloniex and 30 more exchanges. Once DeFi gain some traction again, FARM will also get a piece of the cake and considering that is now available on much more exchanges, it will probable reach new high. Red boxes I see as major resistance points for FARM to reach new ATH. Even my position will be in green, I hope! 😅
FLong
by Philippe_0x
2
AVAX/ICP Migration Trade*LONG TERM MOMENTUM SHIFT SETUP* AVAX has been one of the best performers in the top 100 for the past few weeks. Due to the Avalanche Rush liquidity migration event on September 21st, I expect this to continue for some time. ICP/USDT has been badly bruised after suffering a -90% correction and being one of the worst performers within the top 100 the past few weeks. However, it has very strong fundamentals and shares similarities to Avalanche in terms of consensus protocol implementation, subnetting capability and in value proposition. Avalanche suffered a long period of underperformance after the minting bug occurred in early February 2021, but proved to be an amazing entry at the tail end of the summer 2021 correction due to it's underlying fundamentals and release of many key updates, applications and incentive programs. Assuming the crypto market as a whole holds up for a few months, at some point AVAX will become fully priced or overpriced. It's growth will slow dramatically or outright collapse, or somewhere in between. ICP will have it's day in the sun perhaps as a sort of carry-over trade - once the liquidity incentives on Avalanche network become diluted vs the amount of liquidity competing for them, it will be exceedingly easy for ICP to initiate their own liquidity incentive program and rapidly begin deploying well-tested apps. ICP DeFi is in the works and yet to be deployed. The trade is essentially to migrate from AVAX to ICP when technical structure on the AVAXUSDT/ICPUSDT chart shows a trend breakdown along with a fundamentally understated value differential. Long-long term, I expect both to do quite well.
by Derivati-Capital
REEF breaks its downtrend for price and RSI. Recovery ahead?Reef Finance finally broke out of its latest downtrend that now lasted over a month. The support around 0.0165$ held and we got a nice bounce that pushed us through the downtrend trendline. Next resistance lines are at 0.036$ and 0.05$. We spot a similar pattern on the RSI where we expect the next resistance to be around 70. Currently 16 billion REEF tokens out of 20 billion are in circulation. This is good in terms of inflation risk, meaning there is basically none. The current price level looks like a nice entry for a long position. Feel free to comment or ask anything you like. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers Ctumbler
RLong
by tumbler55
2