DEFIPERP
"Good old boy"After a long time of consolidation, the ZRX is in a troublemaker which, due to the continuation of the bull market, will be broken upwards, which is additionally confirmed by the MACD and RSI chart.
In my opinion, as soon as new capital flows into BTC and BTC's dominance stops growing, we will see a fourth wave of growth on Alt coins.
The first stop of the new growth wave in my opinion will be the level 0d 5-6.5 $. Because there is the top of the model channel, which previously stopped the growth several times.
BTC after exceeding $ 100k will surely see another upward correction (fast and dynamic), so at this point, if there is a correction, I think that a strong support on the ZRX will be the level of $ 1.8-2.2.
Later (the worst scenario due to the far time horizon) we can see the last wave of growth on Altach which will amount to over $ 10 + (similar to January 2018. Will it happen?
Previous analyzes:
BOND IS NOT ABOUT IF OR WHEN IS ABOUT X3 NOW YOUR MONEYHi everyone, i not post often but when i do, if you follow me u know it, is because i think that my word worth, and my money and yours worth too.
Today we analyze BOND. Bond is a DEFI CRYPTO TOKEN, use in BARNBRIDGE BLOCKCHAIN, that would help traders to discorve defi-crypto average levels of risk, and returns, that they would assumere. In a few words others defi protocls like AAVE give you a determinate levels of risk or returns when you staking while BOND give you a portofilio of possibility, also traders can choise their preferite investement.
This a very UNIQUE approch to defi and a new wave in this area.
As we know, i write last time about this, DEFI is the most hot trend and in these days the 'defi index' DEFIPERP, an index that give us the total funds on crypto defi token, break an important resistence and is explore new horizons with new ATH.
Not only. BOND, as u can see in the chart, break a descending time line (when Bond took is high low) and is approach new ascending time line with volumes that , as Coinmarket say in its chart, are incresing so far from september.
In the chart i only put the 1 TP at 50, but i think that it can EXPLODE in the next days, also we only have to hold for the next 4 months, and i think that will have an extraordinary return that no one coin can u give in this area.
last but not least, this coin have a LOW SUPPLY that means double or more the value in little time. People are focused on coin more notable but with a big supply of millions and milions (trillions) of coin that take many times for X2 - X3 - X5 their value.
THIS COIN HAVE ONLY 4 MILIONS OF COIN AROUND, NOTHING.
reassume
DEFI HOT TREND + BREAKED DESCENDING LINE + INCRESE VOLUME SO FAR + LOW SUPPLY = X3 (or more) MINE AND YOUR MONEY.
DON'T MISS THIS COIN, BUY NOW THIS LIFE MONEY GAME CHANGER.
DEFIPERP/ALTPERP : 90 day outlookMy expectation is that Defi is going to run hard for 2-3 more months until the EOY.
As you can see from the previous cycles, this one again seems to go parabolic, albeit long term as Defi hype dies down and gets replaced by the new flavour of the year, cycles will become longer and weaker until no longer relevant.
Don't marry your bags.
PS: This is not financial advice.
Are we going to see the new ATH in the DeFi sector? Hello everyone,
First off, this is not a financial advice. Now let's begin.
A couple of posts below I have shared my view about the Macro cycle of the BTC. It follows the cycle as predicted, but there was a factor in the beginning-mid August when billions and trillions of dollars were coming to the exchanges. I was sure that these money won't be invested in BTC, because of my view about the macro cycle of bitcoin. However, as we know, every token and coin follows the Bitcoin. Well, it turned out that not any. ADA recently made the new ATH and a lot of another coins but mostly from the DeFi sector.
Right now is a crucial moment for the DeFi as a whole because we reached global fibonacci golden pocket and need to penetrate it in order to set the new ATHs. According to Wyckoff Accumulation (Although it's not perfect on the chart) it looks like we're at the Phase D and entering Phase E and really everything is looking in the bull's favor for the long term.
Again, not a financial advice, just sharing my thoughts. Will be interested to hear your feedback.
Compound has been lagging behind most of the Defi Market. COINBASE:COMPUSD Comp has been lagging behind most of the Defi Market off the July lows.
Usually a lagging coin might be a good opportunity to rotate into while the rest of the market continues to correlate strongly together.
Trade Defi at FTX: ftx.com
COMP SEEMS LIKE A DECENT TRADEWe can witness an Adam & Eve pattern printed on the daily chart. The crucial resistance ahead must be flipped into support to enter a trade with a decent R/R. MACD shows signs of divergence in the positive zone. RSI has room to grow to confirm a breakout. Volume is decent.
A small update of DeFi PerpIt seems that after a long fall from the dominance of Defi to Altcoins, we are starting to take a strong move to the north. The chart looks very promising and a strong upward structure has formed in the W1 chart, which is confirmed by the crossing on the MACD chart. The RSI was cooled down, hit the bottom and now it's going.
Everything looks very promising and if the trend continues, we will see significant increases in DEFI projects as in February March 2021
Previous:
DeFI season is starting now!??????? crypto signals💎DEFI🌴FREE UPDATE🌴
Another DeFi season ahead ⁉️
- Yello ladies and gents🥂😎
💎The sector in which is ParadiseTeam very interested right now again is DeFi.
💎As you can see on the Defi index chart above (All Defi projects in one basket), the chart shows a great strength with price bouncing off the 50 daily moving average and old resistance now holding as a support (green zone). Defi held up remarkably well over the weekend and continues to outperform both BTC and ETH.
💎#AAVE for example, just consolidated over the weekend before breaking out higher. Up +12% vs BTC today.
💎For now, Defi looks set for another move up soon.
💎Sushi ultimately, we expect it is going to make new ATH's in the coming weeks with a primary target area around 6k-7k sats.
💎The juiciest projects which will get the most love are, in our opinion, those in combination with NFTs and DeFi, like Aavegotchi, for example.
GRT: Defi PulseI am watching for Defi to make big moves this year... GRT is a project that I have been watching since the beginning and seems to be a promising project. With that said, here is an update on my trade set-up for this coin. So far on the daily I have had three entries- stop lose and take profit have not changed! Not Financial Advice... CHEERS!
DeFi tokens comparison vs their own Index In this chart we have a birds-eye-view of most DeFi perpetual swaps against the DEFIPERP index (an index with around 25 defi tokens)
RUNE and SOL immediately come to attention as the biggest overextended pushers.
CREAM, KNC, COMP biggest laggards against the index.
This is also subjectively bullish since coins that underperform generally tend to have liquidity rotation into them at some point.
CREAM for example is one of those that seem to gather some hype on social media. Worth to keep an eye.
Long on #defiperp for $29,000+ target near fib as shownLong on #defiperp for $29,000+ target near fib as shown
* Super algorithm called bullish
* Ichi looks bullish
#DEFI-PERP tracks the price of a basket of Decentralized Finance coins, using a weighted average of the prices of #KNC, #MKR, #ZRX, #REN, #REP, #SNX, #COMP, #TOMO, RUNE, CRV, DOT, LINK, MTA, SOL, CREAM, #BAND, #SRM, #SUSHI, #SWRV, #AVAX, #YFI, #UNI, #WNXM, #AAVE, #BAL.
Considering the way #defi is going, I think #defiperp might reach its target in a few short time of a few weeks
DEFI PERP - ROUND 2 INCOMING ; wave 2 or 3? pamp itDEFI PERP - ROUND 2 INCOMING ; wave 2 or 3? pamp it
just been looking at this today so thought id share
bags i want from this index;
REN, SNX, TOMO CRV, SRM, SUSHI, AVA X, AAVE
the others seem to have gone up much more which makes me think they have less in the tank to go naturally. but it could be these ones just suck.
catch up time i think.
its the future of france!
glhf